09.02.2011 (07:27 PM CST)
NorthBet.com (SBR rating C-) is an invite-only sportsbook located in San Jose, Costa Rica. SBR confirmed that a number of former BetUS (SBR rating D+) managers are behind the operation. Earlier this year, NorthBet paid $15,000 to a player that allegedly forged a cash-transfer receipt by increasing the amount one zero. NorthBet communicated with SportsbookReview throughout the dispute. The decision to pay the player vice refunding the actual deposit was made to avoid any unwanted press while the sportsbook was in its infancy, and due to the player legitimately increasing the balance credited via his casino play. NorthBet claims to be a stand-alone company that operates a niche
business model, with plans to expand its offerings to include fantasy
football for customers, as well as a dedicated mobile platform aimed at
the latest smart phone browsers. NorthBet's marketing team operates out
of Montreal, Canada. NorthBet only accepts US based registrations.
NorthBet players with feedback are asked to write to help@sportsbookreview.com. As with all new online sportsbooks, players are advised to exercise caution. Many sportsbooks run -EV promotions to drum up business and get players to bet on their NFL picks at the start of football season, and could potentially flat-line without adequate risk management precautions.
NorthBet has been added to the SBR sportsbook ratings guide at C-. SBR will update this mini-review page as any relevant player feedback or complaints are submitted.
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