Ebay-style sports betting exchange, Betcha.com enters the SBR rating guide at D-
The Seattle, Washington and Canada-based exchange is attempting to facilitate the matching of bets between two users for a fee. This model was deemed illegal by the Nevada Gaming Commission which arrested
WagerFree (SBR rating F-) owner Garet Bradford. Bradford also claimed to be only facilitating bets between "club members." Despite the consumer fraud element to Mr. Bradford's scam operation, authorities ultimately charged WagerFree's owner with two felony counts relating to operating a gambling business without a license.