
12-24-2007, 03:50 PM
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Nothing but the truth!
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Join Date: Apr 2003
Location: SJO
Posts: 19,999
Rewards: 824
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If you are still betting at Cascade, it is likely you can kiss your money goodbye. Lenny, the owner of Cascade has made only a handfull of payouts in the past several months but continues to accept deposits. This is the biggest scam book that is currently in business and that will probably not be for much longer.
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Originally Posted by SportsBookReview (at their site)
11/15/2007 10:14 PM
Two of the 72 owed BetCascade (SBR rating F) account holders that filed payout complaints with SBR report receiving a $1,000 check today. Cascade stated in an email to SBR that 40 users will receive payment but has yet to answer questions regarding future payments and when additional account holders may receive a check. Once payment by check has cleared it will be reflected on the player balance sheet.
11/13/2007 11:39 PM
BetCascade (SBR rating F) owner tells SBR that 40 payouts have been sent this week. If a new withdrawal is received it will be the 2nd confirmed payout in seven months. Some players are expected to receive checks of up to $1,000.
10/10/2007 07:37 AM
SBR collecting account information from BetCascade (SBR rating F) victims
Cascade balance holders are invited to provide their account information to SportsbookReview which will sponsor and organize action in an attempt to assist in collecting delinquent balances. Options include establishing a trust account in Costa Rica where Cascade would agree to fund the account weekly. Accumulated funds would be dispersed to players quarterly on a percentage basis. The second and more likely option is a class-action suit. An appointed representative for the group of owed players would pursue funds through the Costa Rica legal system. SBR has verified one payment to a BetCascade post-up player since March 26th. BetCascade.com is currently taking wagers and aggressively pursuing new customers.
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Cascade Balance Sheet
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Pura Vida!
Last edited by The Judge; 12-24-2007 at 03:52 PM.
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