Sportsbook Review: UBetAndWin

Premiumbettor (SBR rating F) closes; stiffs player $17,500
The player joined Premium after receiving a free winning pick by someone posing as a professional handicapper over the phone. The tout told the bettor that he had more plays and asked him to deposit $5,000 with PremiumBettor where the player would put in the bets given to him by the pro capper. The bettor was initially told that a $5,000 deposit would allow the duo to access a line of credit of $30,000. After depositing the first $5,000 the player was conned into depositing an additional $5,000 in $2,500 increments for "fees." The account grew to $17,500 before the website went off-line. The tout pretended to be surprised by what happened and a victim himself, even advising the player to read about this scam gaming group at SportsBookReview.com. PremiumBettor was a BetBones scam operation. Also off-line is sister site UbetAndWin (SBR rating F) and GamblingDogLine (SBR rating F).

Failed sportsbook operation BetBones (SBR rating F) pumps out two more new sportsbooks for the 2007 NFL season. PremiumBettor & UbetAndWin both enter the SBR rating guide with an F rating. The company has proven to be insolvent and has stiffed its staff members at the end of 2006. At that time the sportsbook blamed a lack of investor funding. The sportsbook is now serving as a turnkey host which partners with small webmasters to build fly-by-night sportsbooks. Five of seven BetBones-related sportsbooks are now off-line.