Sportsbook news results for the search term: betbanks
SBR suggests that players avoid unproven sportsbooks that promise bonuses which sound too good to be true. Players should consider whether or not a promotion figures to be profitable for the house before parting with their funds.
The sportsbook BetODog.com (unrated) is sending emails advertising a 100% signup bonus for first time deposits. BetODog has the look of a price-per-head shop yet it takes signups as well as gives bettors a phone number to call for wagering and customer service. BetODog is hosted on the same server as RockStarBets.com, which lists the same telephone number. A review into the two domains suggests that BetODog is being marketed ahead of the second brand.
On March 18th, Sportsbook Review reported that Betbanks sportsbook was promoting a 25% signup bonus with no rollover. SBR cautioned players to avoid outfits that offer such irregular bonuses.
For a list of sportsbooks that have scammed players with bonuses and by not paying winnings, check out the SBR scam sportsbook blacklist.
18.03.2011 (05:09 PM CST)
BetBanks - SBR initiates rating coverage at D
Betbanks.com (SBR rating D) is making its rounds across messageboards and Twitter, advertising 25% signup bonuses with no rollovers. SBR urges players to be extremely cautious when depositing for bonuses that sound too good to be true. White label turnkeys have a high failure rate with historically little investment.
The Costa-Rica based sportsbook claims to be primarily a credit outfit
with 10% of their business driven by post-up clients. SBR interviewed
management and requested permission to visit the Betbanks office to
conduct a sportsbook photo tour. Betbanks stated that it would need to consult its senior associate prior to allowing SBR into their facility.
Based on available information, SBR has determined that the business model of Betbanks.com is not sustainable long-term, and is potentially a fly-by night attempt at soliciting player deposits. Betbanks can only process Western Union and Moneygram transactions, which is consistent with previous scam sportsbooks such as Houstonbet (SBR rating F). Like Houstonbet, Betbanks states that it is interested in marketing toward the Asian market.
Betbanks players with feedback are asked to write to email@example.com.