7/29/2009 08:10 PM
bet33 group upgraded from f to d-; debt remains
Bet33 (SBR rating D-) and sister sportsbooks were upgraded to D- to reflect a lesser risk than the typical F rated sportsbook. SBR has not received any Bet33 nonpayment reports since late 2005 when they were added to the SBR Rating Guide. Bet33 was built with stolen player funds from stiff sportsbook Apex Sportsbook (SBR rating F). SBR has had annual conversations with ownership about paying the five year old debt. The conversations had not resulted in payment. Bet33 players are unlikely to be paid if they win a high five figure sum after a large winning run.

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