Just what this industry needs..

[kosar]

More scrambling for fresh funds via more than generous teases . I have never heard from Alladin's Gold before tonight, and I assume that they have my e-mail address because I used to play at Premiere League (the only off-shore book that I have ever had a dispute not settled to my satisfaction after many thousands of transactions in about 35 or 40 books- Reno's hero Eddie certainly didn't help matters any). But I digress. In their point (1), they state that with a $100 deposit, $100 will be added to the players account. Looking at the rest of their mail, they surely mean a '$500 deposit'. I suppose that it's a typo, but who knows? Regardless of that misleading (intentionally or unintentionally) wording, I really have to feel for the people who respond to this 'promotion' as everybody else is scrambling to get out of this place. Without a hell of a lot of success, as I understand it.

Email from Eddie:

"March Madness is here and Alladin's Gold offers all NEW and PAST customers
the opportunity to wager on their favourite College Basketball Team. Open an
account with us and deposit between $50.00 and $500.00, and we will add 20%
in your account. That's right we will give you 20% of your deposit amount in
your account up to $500.00. Also all new account's will be able to eligible
to receive a free parlay to win $100.00.

Simply click here : www.alladinsgold.com or call us at 1-888-ALLADIN and
wager with us for March Madness.

So this March wager on your favourite team at Alladin's gold, and get extra
money to your account. Alladin's bonus rules apply.

1. All accounts must roll over their balances, including bonus, four (4)
times. e.g. If you deposit $100.00, we credit your account, with an
additional $100.00, plus you get a chance to win $100.00 in a two team
parlay. Before you can request a withdrawal, that account must have over
$800.00 of wagers, or their first withdrawl request.

2. Only funds sent via Western Union and Neteller is eligible for this
promotion.

3. Promotion last throughout the month of March, and only initial deposits
are eligible for this promotion.

Good Luck and thanks for choosing Alladin's Gold.

www.alladinsgold.com"

[SBR.COM]

Yep, I suspect Eddie needs a really good March.

[Peep]

Yeah, that's pretty depressing kosar.

Even if the "old" players get paid, now they know they'll be doing it on the backs of the "new" players money.

And so the new players have to hope for "an even bigger fool" who will bite at an "even bigger bonus"?

[rocko]

pretty disappointing!!!!

[alysheba88]

Wow. Just think of the bonuses Aces Charlie is going to offer

[Sportsbank]

Disappointing indeed.......

[Mr White]

I received the same e-mail.

I feel for anyone unfortunate enough to be lured into the current situation at Alladin's. Unfortunately, this occurs when books dip into post up funds and continue to operate. They have debt that they cannot pay, but they still must lure new customers to the shop so they can make money and attempt to pay off the money that they never should have used.

[bullseye]

[img]i/expressions/face-icon-small-disgusted.gif[/img] 6 weeks no pay!