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TOW
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   Posted 6/30/2005 10:38 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
6/30/2005 Royal Sports admits fault and pays the player in full
10.20 pm EST Royal Sports (r. 1) admits fault and will pay the player in full. This decision comes after days of endless negotiations between Royal Sports and Ken Weitzner aka The Shrink. The player had initially filed his complaint with TheRX. Albeit having left TheRX a few days ago, Weitzner continued to work behind the scenes to obtain full payment for the player. TOW salutes the success of our good friend Ken Weitzner
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RedSox
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   Posted 6/30/2005 10:48 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
about time ! I said it before, anyone that gets stiffed/slowpaid by these crooks deserves it!
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TOW
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   Posted 6/30/2005 10:52 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
There have been endless negotiations these past few days and a number of people have been involved in the coordinated effort to achieve closure to this horror story.

Bottomline the player gets what was rightfully his.
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drunkguy
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   Posted 7/1/2005 12:58 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
do they have an excuse or explanation for what happened?
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THE SHRINK
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   Posted 7/1/2005 8:08 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
First and foremost,
 
I'd like to thank ROYAL SPORTS for acknowledging GUILT by taking an EXTRAORDINARY amount of time to pay out the Player in this case...
 
Anyone who tries and defends a sports book who takes more than 6 weeks to complete a request for a payout is a MORON, and certainly NOT a PLAYER ADVOCATE!!!
 
I read a post at another site this morning by a very jealous and pathetic individual, but apparently because I supported The General, who brought this dispute to LIGHT, I have suddenly been BANNED from posting over there...
 
Imagine that?
 
The most important fact is that ROYAL and I have been in close touch for the past week.  As many of you know, I have been one of their harshest critics due to the number of slow pays I have been privy to hear about.
 
While I originally had zero respect for them, at least a door of communication has opened between ROYAL and I, so that if any gambler who wishes to still play there has a problem, I believe I can help out...
 
A number of people also helped out (you guys know who you are) and I am grateful that the Player is GOING to be PAID...
 
I will post more once this happens...
 
Thanks,
 
THE SHRINK
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raiders72001
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   Posted 7/1/2005 8:47 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Shrink- Was the player paid in full? It depends on which site you read as to whether it was full payment or whether a compromise was reached.
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THE SHRINK
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   Posted 7/1/2005 8:56 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
The player is supposed to be paid in FULL...
 
As always, time will tell but I am optimistic...
 
THE SHRINK
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raiders72001
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   Posted 7/1/2005 9:00 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Reports are that the player requested money and was slow paid. He decided to place bets during this time and lost his money. Then he said because he was slow paid that the losing bets should be cancelled and that he would like his money. Is this accurate? If it is accurate why was the player entitled to anything?
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TOW
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   Posted 7/1/2005 9:25 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Raiders,

The player was slow paid for nearly 2 MONTHS ! During that lapse of time he blew back 150K of his balance (so much for the wise guy allegations....)

The player denies having placed those two bets. To Royal's credit they have accepted to provide the audio tapes that would prove the contrary....Ken will have them analyzed by an audio expert and will report the expert's findings...

This process will require some time. Royal and Ken agreed that it was only FAIR to the player to compensate him AT LEAST for the admitted slow pays.

Now sit back, relax and wait for the audit of those tapes.
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raiders72001
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   Posted 7/1/2005 9:33 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Explain it a little clearer please. How much was originally in the players account before he made his first request? How much was he actually paid in between the time from his first request until right before Shrink was involved. The story changes daily and your post isn't very clear as to what happened.
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TOW
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   Posted 7/1/2005 9:40 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
OK...

The player deposits 60K in three times...

After his last deposit he gets REALLY hot and runs his balance up to 200K

He requests a payout for the balance

After three weeks of runarounds (during which the player blows back 150K) Royal agrees to pay him 10K a week for the remainder of his balance

The player receives 3 10K installments from Royal (one per week)

Then Royal slow pays him again (on his 4th and 5th installment) for another 4 weeks

After these 4 weeks Royal says the player asked them to reverse the checks to his account and wagered. The player denies. Royal offered Ken to provide the audio tapes to be analyzed by an expert.

In the mean time Royal admits FULL responsibility for the slow pays and accepts to pay the player the last 20K he was slow paid on.

This is were the story stands at this time

Post Edited (TOW) : 7/1/2005 9:45:09 AM (GMT-4)

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raiders72001
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   Posted 7/1/2005 9:43 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Thank You
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china-man
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   Posted 7/1/2005 10:59 AM (GMT -5)    Quote This PostAlert An Admin About This Post.

Kevin King and Russ are LIARS and they are in bed together. Here is the proof !

China-man,

Please refrain from posting private correspondence in the future..Thank you.

 


Post Edited By Moderator (TOW) : 7/6/2005 1:22:23 AM (GMT-4)

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TOW
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   Posted 7/1/2005 11:13 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
Oh my God...

China-man, I will let this stand under your full responsibility. I will talk to Russ now and get his side of the story.
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TOW
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   Posted 7/1/2005 12:23 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Chinaman,

I have talked to Russ. He does not deny this conversation , but he questions part of it which according to him have been fabricated. He also added that you were in agreement to the deal. I frankly don't see the purpose of posting this other than being disgruntled for having been significantly shortened by Royal on your payout.
 
 
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raiders72001
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   Posted 7/1/2005 12:28 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Roberto- So the guy zeroed his account but still should be paid the 20k? Many people in this situation try to scalp out. What happens if he did this and it worked out that he lost his Royal bets and won the others?
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TOW
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   Posted 7/1/2005 12:31 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Raiders,

The player denies having placed those calls. Royal says its him. This is why BOTH party agreed to an audit by an audio expert.

From the paper files the player has placed over 1,000 bets over the phone. And all his customer service requests were also via phone.
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TOW
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   Posted 7/1/2005 12:34 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Mind,

Up until June 11th the player was waiting on his checks. This is why he approached Ken and General as suggested by Jim of OSGA.

One day after the general contacted the book both checks were reversed to the player's account and two losing wagers entered.

Why should a player take the pain to file for a slow pay complaint and then enter wagers ?
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raiders72001
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   Posted 7/1/2005 12:38 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Roberto- With all due respect, you are posting second hand information. As you posted, Shrink was the one responsible for helping out to determine the payout, yet he ran from the questions in this thread even though I kept seeing him pop in and out.
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drunkguy
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   Posted 7/1/2005 12:40 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
china-man said...
Kevin King and Russ are LIARS and they are in bed together. Here is the proof !


irrelevant

trying to make other people look bad has absolutely no bearing on the facts at hand
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TOW
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   Posted 7/1/2005 12:42 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Raiders,

I have the spreadsheet file, I have correspondence and I have the screenshot of the player's account. That is everything but second hand...
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raiders72001
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   Posted 7/1/2005 12:42 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Drunkguy- What do you think about my question to Roberto. The guy may have been scalping out, so is he entitled to any money if he zeroed his account?
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drunkguy
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   Posted 7/1/2005 12:43 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
roberto

is it your judgement that the players made the bets or not? Quite honestly, the tapes are convincing and I have yet to hear anyone say how they are "forged"


raiders - if he made the bets then they have to stand

simple answer to this problem
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raiders72001
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   Posted 7/1/2005 12:43 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Russ,

    I have written and recorded proof on EVERY aspect of this account. It's unreal that this guy would outright lie in the face of such evidence. we do not owe him anything and IN FACT I granted him a ridiculous bonus to come back because HE didnt read the contest rules for the NCAA contest and thus didnt realize that he didnt have to commit his picks until the tip off of the elite eight...THE ENTIRE PREMISE OF THE CONTEST AS I EXPLAINED TO KEN ON THE PHONE (everyone elses contest is dead on the first round tip off - bet you will see the creative geniouses at Sky / Rio come up with this same contest next year after I walked him through it).

    If these guys are insistent on bringing things to the surface I will call **** **** and request his permission to discuss his account and send the reports and recordings. The irony of this entire attack IS that we were WARNED by **** that Ken and Pete had this planned for quite some time. I have that on recording too!

    Please contact me in your free time if they continue to pound you. They can no longer hurt us at all here....we went through the runs and are doing fine.
    Thanks,

    Kevin



Kevin still stands behind this 100%<!--QuoteEnd-->
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raiders72001
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   Posted 7/1/2005 12:45 PM (GMT -5)    Quote This PostAlert An Admin About This Post.

Major:

"I just spoke to Kevin. He is furious. They agreed to pay because they were extorted by Wietzner. It is all about saving face. Royal does not want to become Kens "SBG".

From Kevins mouth. "We cannot afford to have Ken do his "SBG" thing with his new site to us, we were extorted"

I have never heard Kevin so upset in my life. His hands are tied. He has shareholders in England that have requested they do this.

I really dont know what to do here. For 2 years we didnt have to deal with Kens extortion. Now that he is opening a new site,here we go again.

I am at a loss.

They owed this player nothing. "<!--QuoteEnd-->

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