Official Statement From DirecBet

[PFunk]

This is their official statement. It has been circulating but since no one has posted it, I thought I might. I did play with them at one time and did get paid. I hope they make good on all those being slow-payed.

Here is a statement from AJ of DirecBet:

Dear Clients and Industry Personnel,

We want to make the following statement to clarify the current situation regarding DirecBet.

As you are hearing through the rumor mill, DirecBet is at present in a ‘slow-pay’ situation. It is essential that you understand that this is ‘slow-pay’ and very far from ‘no-pay’. I am quite happy to admit that since opening DirecBet, we have embraced various situations from dealing with a very wise orientated client base, trying to find a suitable US bookmaker and learning the general dynamics of the US marketplace whilst building our shop. However, our 95% Internet business is in good shape. Our client base that is mainly European is growing rapidly and preparing us well for the future. We will always admit that our expert areas are in European sports rather than the US sports, but we will always offer US sports with reasonable limits as a service to our clients.

With our on-line lottery now exceeding expectations, and our service agreements with the UK public company whom we host web services for, our overhead is minimal and profitability is on a sharp upward trend.

Our current ‘slow-pay’ situation is envisaged to last at the latest until the second week in October when a second trench of financing is due. In the meantime we will be making consistent partial payments to clients. At the stage when the next trench of financing arrives, all outstanding clients will be paid.

We profusely apologise for this delay in payment but can guarantee that the situation will be resolved to the best of our ability. In the meantime we will continue to offer a consistent level of service to our 19,000 existing clients.

Best regards,

Aj Thompson www.direcbet.com

[mls]

Although the post is misleading - they claim to be making partial payments, but they refused to send me any of the <10 dimes owed -I am nevertheless somewhat relieved by their statement.

I believe there is an good chance customers will eventually be paid ... although they are obviously seriously uncapitalized ...

[Jeff]

Direcbet is the bottom of the barrel in the offshore industry and should be treated as such.

Direcbet thought nothing of using these forums to solicit business early on, when this site, and others like it, gave them a chance to establish themselves.

Yet when the going got tough, they ran the other way, and didn't even have the decency to address the people who trusted them, and signed up with them, as a result of this site.

Direcbet is the bottom of the barrel and I will personally be here to remind people of that each and every day.

No one should bother to give this pathetic book one penny of their business.

They didn't think enough of you, or us, to bother with even a statement.

Perhaps they didn't like the fact that we came forward with their "secret". If so, too bad. That's why we're here.

[FBallLover]

You know I was reading with interest their "official statement" having heard every cock 'n bull story there was, yet still giving them the benefit of the doubt.

Until 2 things happened.

I saw Jeff say they were no good.

They said they had 19,000 clients.

End of statement/story.

[sportshobby]

I find it incredible that they are continuing to do business, continuing to accept deposits, while refusing to make any payments for a few weeks.

I'm also surprised that the other sportsbooks in Curacao are allowing this one to ruin the reputation of the island. Curacao has been known for sportsbooks that band together to maintain integrity among the books there.

[chestrockwells]

The vast majority of posters, both here as well as on other sites, have by an overwhelming margin made it very clear (with the Legalbook thing) that any sportsbook that attempts to help, buy, bailout........use any word you want, any other book has to do it right for 100% of the players, regardless of any other circumstances.......OR suffer the wrath of posters who will staunchly hold the moral high ground on them. I think that there were only 3 people, myself included, who even attempted to mildly defend the unpopular side. Do we really think that the other Curacao books didn't get the message.........regardless of how they personally felt about Legalbooks' actions??