Sportsbook news results for the search term: betcave
01.20.2012 (04:32 PM CST)
Two unrelated TowerGaming (SBR rating D+) players claim that their winnings have been confiscated. Each player has a similar account of the sportsbook debiting their balances, allowing only for their deposits to be returned. TowerGaming stated that their welcome bonus was intended for recreational bettors only.
One player shared a transcript that shows "LisaT"—a TowerGaming representative—abruptly disconnecting a chat session.
TowerGaming chat
[quote]LisaT: I have spoken to the Betting Manager about you
LisaT: Your cashout will not get processed I am afraid
LisaT: Our Welcome Bonus is intended to be utilized by recreational gamblers only. Tower Gaming reserves the right to amend, cancel, reclaim or refuse any promotion at its own discretion.
LisaT: You are welcome to cashout your intial deposit and play elsewhere[/quote]
The two players state that €381 in winnings have been removed. SBR is following up on this complaint.
On 13 January 2012, SBR reported that GR88 Sportsbook (SBR rating D+) was introduced to the SBR ratings guide. GR88 is powered by OddsMatrix, which also runs TowerGaming, BoogieBet, BetCave and others. OddsMatrix was first covered by SBR in July of 2009 for its relationship with defunct bookmaker BetOnBet (SBR rating F).
Players in need of sportsbook assistance are asked to fill out a sportsbook
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help@sportsbookreview.com or by dialing 1-830-255-4677 during
normal business hours.
01.13.2012 (06:05 PM CST)GR88 & BetCave - SBR initiates rating coverage at D+
01.13.2012 (06:05 PM CST)Betcave GR88 & BetCave - SBR initiates rating coverage at D+
01.13.2012 (03:22 PM CST)
GR88 (SBR rating D+) has been added to the sportsbook ratings guide.
GR88 is part of the Merge Gaming poker network. GR88's sportsbook application is powered by OddsMatrix. OddsMatrix is a white-label host that also supports TowerGaming, BoogieBet, BetCave, Bulldog777 and others. OddsMatrix was first covered by SBR in July of 2009; BetOnBet, which used OM's software, was a slow-pay sportsbook that went off-line without paying players. Oddsmatrix's COO stated that they were never in control of BetOnBet player funds. The Linx Media Group—who also went off-line—was reportedly responsible for BetOnBet's payment processing.
GR88's website displays a Kahnawake Gaming Commission emblem; deceptive as it is the Merge Gaming network which holds the license, not the GR88 gaming company. GR88 itself claims to be operated by Olympian Trading Limited, a company incorporated in Curacao.
SBR will speak with OddsMatrix management to confirm the extent of the business relationship with GR88.