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AFLW 2024 - Round 10 - Chat, game threads, injury lists, team lineups and more.
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- Thread starter Beauy420
- Start date
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took me an hour but I got here
Rooster Cogburn
Premiership Player
- Dec 16, 2010
- 3,193
- 837
- AFL Club
- Sydney
- Other Teams
- Arsenal
Lol, I didn't bother because I thought you would have got it earlier.
asanque
Premium Platinum
New update re: Sportsalive.
I'm not sure what is happening with the sale of client account information to Tom Waterhouse.
http://www.bentcougle.com.au/NoticetoAccountHolders.pdf
I'm not sure what is happening with the sale of client account information to Tom Waterhouse.
http://www.bentcougle.com.au/NoticetoAccountHolders.pdf
asanque
Premium Platinum
Hi all
Please find a link to the latest update from the liquidator.
http://www.bentcougle.com.au/NoticetoAccountHolders.pdf
It appears that they have sold our client details to Tom Waterhouse last Friday.
There is no mention as to whether Tom Waterhouse intend to honour accounts or how much our client details were sold for.
I am presuming that the funds generated from the sale of client details will go to secured creditors (although this is yet to be confirmed).
Where does this leave punters?
At a best guess (and this is not advice), here is a brief summary:
1. Punters are currently considered unsecured creditors with likely return of zero. Secured creditors will be paid out first.
2. There is a 250k security bond held by the government that I presume will go to punters, totalling approximately $3 million.
3. It is possible that the liquidators will pursue the directors of Sports Alive for insolvent trading / fraud and they may be personally liable for debts of Sportsalive. I would suspect that prospects of any return to punters is minimal.
4. It is clear that Sportsalive did not comply with its legislative requirements to keep punting funds in a segregated banking account (only 20k left in the bank account). It is possible that punters may have grounds for a class action against the ACT Gambling Commission for failing to properly fulfill its duties to regulate Sportsalive.
5. It is possible (albeit unlikely) that Tom Waterhouse may still decide to honour Sportsalive funds.
What are the next steps?
1. Via the link above, the liquidator has answered the majority of my questions. My only questions relate to the sale of the customer list to Tom Waterhouse and what is the approximately $3.2 million dollars owed by sundry debtors?
2. I will be attending the upcoming creditor's meeting and I highly encourage all those affected by this matter to also attend.
3. It may be possible to replace the liquidator but we would need to obtain a majority of the vote at the upcoming creditor's meeting. I currently have been contacted by punters with approximately $700k in funds owing, so this is quite a significant sum (although only 10% of the total debts).
4. I am quite busy so would prefer not to be the one leading the charge on this matter. However, if no one else volunteers, I am happy to receive proxies from those who can't attend, so that I can vote on their behalf.
Hopefully the liquidator will release proof of debt/proxy forms shortly to facilitate this process. Otherwise, I can assist in drafting a pro-forma template.
Given the short timeframe involved, if you are interested, please keep monitoring these threads.
Please feel free to contact me if you have any questions
Please find a link to the latest update from the liquidator.
http://www.bentcougle.com.au/NoticetoAccountHolders.pdf
It appears that they have sold our client details to Tom Waterhouse last Friday.
There is no mention as to whether Tom Waterhouse intend to honour accounts or how much our client details were sold for.
I am presuming that the funds generated from the sale of client details will go to secured creditors (although this is yet to be confirmed).
Where does this leave punters?
At a best guess (and this is not advice), here is a brief summary:
1. Punters are currently considered unsecured creditors with likely return of zero. Secured creditors will be paid out first.
2. There is a 250k security bond held by the government that I presume will go to punters, totalling approximately $3 million.
3. It is possible that the liquidators will pursue the directors of Sports Alive for insolvent trading / fraud and they may be personally liable for debts of Sportsalive. I would suspect that prospects of any return to punters is minimal.
4. It is clear that Sportsalive did not comply with its legislative requirements to keep punting funds in a segregated banking account (only 20k left in the bank account). It is possible that punters may have grounds for a class action against the ACT Gambling Commission for failing to properly fulfill its duties to regulate Sportsalive.
5. It is possible (albeit unlikely) that Tom Waterhouse may still decide to honour Sportsalive funds.
What are the next steps?
1. Via the link above, the liquidator has answered the majority of my questions. My only questions relate to the sale of the customer list to Tom Waterhouse and what is the approximately $3.2 million dollars owed by sundry debtors?
2. I will be attending the upcoming creditor's meeting and I highly encourage all those affected by this matter to also attend.
3. It may be possible to replace the liquidator but we would need to obtain a majority of the vote at the upcoming creditor's meeting. I currently have been contacted by punters with approximately $700k in funds owing, so this is quite a significant sum (although only 10% of the total debts).
4. I am quite busy so would prefer not to be the one leading the charge on this matter. However, if no one else volunteers, I am happy to receive proxies from those who can't attend, so that I can vote on their behalf.
Hopefully the liquidator will release proof of debt/proxy forms shortly to facilitate this process. Otherwise, I can assist in drafting a pro-forma template.
Given the short timeframe involved, if you are interested, please keep monitoring these threads.
Please feel free to contact me if you have any questions
asanque
Premium Platinum
Hi all
A further update.
I've now spoken to the liquidator of Sportsalive and received the answer to many of my questions.
If you are not planning on attending the upcoming creditor's meeting on Tuesday, I am seeking proxies to vote on your behalf (potentially to replace the liquidator).
This can be found on the last page of the below link.
http://www.bentcougle.com.au/CirculartoCreditors.pdf
I have set up a new email to deal with any questions and I will send a further update tonight.
The email is: sportsaliveaction@gmail.com
I am currently compiling a list of all affected punters who may be interested in the actions listed above.
If you haven't sent me full details, now is the time.
Send name, email address and amount owed from Sportsalive.
A further update.
I've now spoken to the liquidator of Sportsalive and received the answer to many of my questions.
If you are not planning on attending the upcoming creditor's meeting on Tuesday, I am seeking proxies to vote on your behalf (potentially to replace the liquidator).
This can be found on the last page of the below link.
http://www.bentcougle.com.au/CirculartoCreditors.pdf
I have set up a new email to deal with any questions and I will send a further update tonight.
The email is: sportsaliveaction@gmail.com
I am currently compiling a list of all affected punters who may be interested in the actions listed above.
If you haven't sent me full details, now is the time.
Send name, email address and amount owed from Sportsalive.
lethalleigh
Rookie
- Apr 23, 2007
- 38
- 0
- AFL Club
- Carlton
hi all,
has anybody with a sa account been contact yet by tom waterhouse as he has now bought the client list last friday?
if so was anything offered against your sa balance?
i think this is the only way any of us will see a cent in the foreseable future
has anybody with a sa account been contact yet by tom waterhouse as he has now bought the client list last friday?
if so was anything offered against your sa balance?
i think this is the only way any of us will see a cent in the foreseable future
asanque
Premium Platinum
Unfortunately, my inbox was full so I deleted some PMs from those interested in pursuing further action against Sportsalive.
Could you please send your full details again to: sportsaliveaction@gmail.com
if you are interested.
I will provide a further update via email tonight.
Could you please send your full details again to: sportsaliveaction@gmail.com
if you are interested.
I will provide a further update via email tonight.
The J Dog
Team Captain
I've moved house and e-mail addresses a few times since I started my account, so I'm not sure he'll even be able to contact me. I hope Waterhouse puts out a statement soon. I suspect he'll offer a free bet depending on the size of your account.
The J Dog
Team Captain
This is a link to Waterhouse's Twitter account.
http://twitter.com/#!/Waterhouse_Tom
I have tweeted to ask what he intends to do. Nothing on there yet about his plans.
asanque
Premium Platinum
Just a further quick reminder to email the above address if you are a creditor to Sportsalive.
I am currently compiling proxies for the upcoming creditor's meeting.
Time is running short.....
asanque
Premium Platinum
On a sidenote:
Anyone else get this message from Bet365?
['Following a review of your account, we regret to inform that you will no longer be eligible for Sports offers and promotions with the exception of the following regular offers which remain open to all our customers: Channel 4/1 Free Bet Offer; Feature Race 4/1 Free Bet Offer; Sky Dogs 2/1 Winner Free Bet Offer; Best Odds Guaranteed; Racing Value Offers; Bore Draw Money Back; 100% Euro Accumulator and the 50% Parlay Bonus.
We assure you that this decision has only been taken after careful consideration and that it does not affect your ability to play and claim bonuses in the following bet365 products, Casino, Games, Poker or Bingo.
Kind regards,
The bet365 Team ']
I'm already capped to bugger all and I haven't actually received any promotions for months.
Really looking forward to them getting an Aussie licence
Anyone else get this message from Bet365?
['Following a review of your account, we regret to inform that you will no longer be eligible for Sports offers and promotions with the exception of the following regular offers which remain open to all our customers: Channel 4/1 Free Bet Offer; Feature Race 4/1 Free Bet Offer; Sky Dogs 2/1 Winner Free Bet Offer; Best Odds Guaranteed; Racing Value Offers; Bore Draw Money Back; 100% Euro Accumulator and the 50% Parlay Bonus.
We assure you that this decision has only been taken after careful consideration and that it does not affect your ability to play and claim bonuses in the following bet365 products, Casino, Games, Poker or Bingo.
Kind regards,
The bet365 Team ']
I'm already capped to bugger all and I haven't actually received any promotions for months.
Really looking forward to them getting an Aussie licence
Eddie Dingle
Moving chairs
I just got a letter from Bent & Cougle as I am listed as a creditor and this is what SA owed.. (rounded up or down)
Secured Creditors - 4.7 Mil
Preferred (Employee) Creditors - 500k
Unsecured Creditors - 7.5 mil
Included in the unsecured creditors are "Customer Account Balances" of near enough to 2.7 mil.
No one is getting anything out of these *****.
Secured Creditors - 4.7 Mil
Preferred (Employee) Creditors - 500k
Unsecured Creditors - 7.5 mil
Included in the unsecured creditors are "Customer Account Balances" of near enough to 2.7 mil.
No one is getting anything out of these *****.
asanque
Premium Platinum
If you are interested in replacing the liquidator, please contact me at:
sportsaliveaction@gmail.com
We now have over 60 punters in our group who are interested in taking further action.
I am seeking proxy votes or attendees to the upcoming meeting.
Eddie Dingle
Moving chairs
PM sent mate.
d0gs
Club Legend
Anyone know some current Centrebet bonus codes?
Chasing_Cars
Senior List
- Feb 1, 2010
- 291
- 130
- AFL Club
- West Coast
I joined with betchoice but can't get the $250 bonus because they need to see proof (welcome email, betting statement) and I always delete those emails. 
I guess I don't deserve it as much as some anyway I 'only' lost $80 with SA. Still deposited with betchoice though, and lost.
I guess I don't deserve it as much as some anyway I 'only' lost $80 with SA. Still deposited with betchoice though, and lost. 
iluvparis
Import Whisperer
- Apr 1, 2005
- 50,055
- 40,654
- AFL Club
- Carlton
- Other Teams
- Calgary Flames, Man Utd
I got the same one Borgs did.
Rooster Cogburn
Premiership Player
- Dec 16, 2010
- 3,193
- 837
- AFL Club
- Sydney
- Other Teams
- Arsenal
Jan Juc stalking Asanque
I have a mental image of you sitting right behind him, taking a strand of hair for your collection.
asanque
Premium Platinum
Hahah, you should have introduced yourself Jan Juc
Highlights for me:
I was sitting behind Stephen Chant and I noted loudly that we would definitely be pursuing him personally.
ACT Gambling Commission saying that they had no authority to answer questions - and getting jeered.
Stephen Chant saying the shortfall in segregated accounts was due to computing errors - and getting laughed at
The ACT Gambling commission looking pretty incompetent when it was revealed that there has been a shortfall in segregated funds since 2008 (and there was no evidence of segregation).
I've sent a further more detailed update to those on my mailing list.
Highlights for me:
I was sitting behind Stephen Chant and I noted loudly that we would definitely be pursuing him personally.
ACT Gambling Commission saying that they had no authority to answer questions - and getting jeered.
Stephen Chant saying the shortfall in segregated accounts was due to computing errors - and getting laughed at
The ACT Gambling commission looking pretty incompetent when it was revealed that there has been a shortfall in segregated funds since 2008 (and there was no evidence of segregation).
I've sent a further more detailed update to those on my mailing list.
Ill Chicken
Premiership Player
http://www.crikey.com.au/2009/02/12/d-e-and-f-eddy-groves-other-business-interests/
Stephen Chant definitely hanging out with the right people.
Stephen Chant definitely hanging out with the right people.
