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  #1 (permalink)  
Old 04-24-2002, 09:25 PM
The Major The Major is offline
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Default Secured Books should be back within the month

Will not be the same form as last time. The owness will be on the player to copy, print, sceencapture, figures once a week (monday) and submit them to MW. Those figs will be checked with the book. Amounts will be secured to the last verified point. The books themselves will have to choose to participate or not and will be required to keep a float of the previous weeks balances at Securebuxx.

Details to follow. The amount being covered will be $1000.
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Old 04-24-2002, 09:45 PM
Bill Bill is offline
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Sounds like a great idea. Count us in buddy.

Good luck
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Old 04-24-2002, 09:49 PM
Peep Peep is offline
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Well, that sounds good Major.

To the "top".

I think the books should have to put the funds up in some matter, it should be their responsibilty not yours to have the postups accounted for.

If this works, the only books I may end up playing with are MW insured and All-World (who is getting their own audit). Screen shot is not problem, I take them as a matter of course anyway.

We'll see if it comes together O.K....
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Old 04-24-2002, 09:56 PM
The Major The Major is offline
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Should be a very good thing IMO. Much better than before because it allows newer smaller books to take a shot at some of our business. As MajorWager has proven before, we pay when we say so it should be well accepted by the industry.

Bill, thanks for the support. You can be our test book.
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Old 04-24-2002, 10:01 PM
Comp Fan Comp Fan is offline
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Great news!

I look forward to participating.
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Old 04-24-2002, 10:07 PM
Bill Bill is offline
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Major

As always let us know what you need from us and you will have it.

Be Well
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Old 04-24-2002, 10:09 PM
Sportsbank Sportsbank is offline
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Very good news....
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Old 04-24-2002, 11:05 PM
Peep Peep is offline
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Major, the thousand is fine for me, no problem, but if a book wants to "raise the limit of insurance for marketing purposes", why not, as long as it is posted with securebuxx?

Really, no skin off of your nose as long as everyone watches their p's and q's, the limit should be irrelevant as long as the book is agreeable to posting that amount up with securebuxx.
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Old 04-24-2002, 11:09 PM
The Major The Major is offline
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I agree but we are going to start it a 1000. There may be times when we need to "cover the gap" in strange situations and we are not looking to not be able to cover anything that could happen.

Russ
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Old 04-25-2002, 12:23 AM
Bookiebar Bookiebar is offline
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Who secures Securebuxx?

"Secure Buxx was formed in 2000 with the financial backing of several large Canadian venture capital firms. Secure Buxx has retained the services of a big 6 accounting firm to perform monthly audits of its books and records to certify that 100% of client funds are on deposit in Secure Buxx bank accounts."

Are these audits publicly avaliable ?

If the funds are on call at securebuxx, will there be any need to post up with a sportsbook? [img]i/expressions/face-icon-small-wink.gif[/img]
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Old 04-25-2002, 02:21 AM
KidVegas KidVegas is offline
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Thats good news Major! Definitely should bring business to the books who participate.
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Old 04-29-2002, 02:28 PM
Bookiebar Bookiebar is offline
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Any news?

Any answers to my ?'s ? [img]i/expressions/face-icon-small-wink.gif[/img]

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