SPORTSBOOK REVIEW NEWSWIRES
BetUS (SBR rating C) Steals $6,000?
7/24/2010 12:51:21 PM
BetUS (SBR rating C) has seized $6,000 from a player's balance due to correlated parlay wagers. On July 20th, the player wrote to SBR stating that his account was closed in April with a balance of roughly $16,000.
BetUS investigated the player for "syndicate wagering" while his account was frozen, but ultimately concluded the player was not acting in concert with other account holders. BetUS states that it does not allow correlated parlays, and docked the player's balance $6,000.
BetUS:We did freeze the funds won from correlated parlays and sent him the remainder of his balance, per his request. Of course, we do have a correlated parlay rule on our Ts&Cs
SBR reviewed the BetUS terms and conditions page and found only the following rule, which does not specifically mention correlated parlays:
Multiple wagers/parlays/if bets are not accepted where the outcome of one part of the wager contributes to the outcome of another.
In addition to the ambiguity of the printed rule, which could apply to every parlay wager, the BetUS software does not prevent these bets from being accepted. The complaint is similar to the
Sportsbook.com (SBR rating D-) confiscations, where players had thousands in winnings voided after placing wagers on
correlated parlays. SBR is discussing the situation with BetUS.