1/27/2009 04:08 PM
tradebetx (SBR rating C+) player receives check for over $30,000. The second player waiting for payment is told his check has been sent.
TradeSports (SBR rating C+) and sister exchange
tradebetx continue to have email issues. After reporting problems with their Google mail account, the company tells SBR that they are experiencing intermittent problems with its mail server and the Help@TradeSports.com address. Players who do not receive a timely email response are invited to write to
SBR.
1/22/2009 12:16 PM
tradebetx (SBR rating C+) tells SBR that the betting exchange released payment to one of the owed players in early December but there may have been a problem with processing or check delivery.
tradebetx assures the player they will process a new withdrawal after waiting 10 days for the check cancellation process.
tradebetx blames the poor line of communication on listing a faulty email address on its website and is now asking players to use sister site, TradeSports, email Help@TradeSports.com. Following yesterday's report, three
TradeSports users confirmed timely withdrawals. No new complaints have been received.
1/21/2009 07:41 PM
Two players waiting for over $35,000 from tradebetx (SBR rating C+)tradebetx, along with
TradeSports (SBR rating C+) closed Friday, November 28th. Betting markets were closed on November 21st. The betting exchange websites stated that all players who did not request funds by November 28th would be contacted via email to arrange payment. Both players state they have sent numerous emails without a response in return. Players waiting for payment, or players who have had success redeeming funds, are asked to contact
SBR. SBR is attempting to reach management on behalf of these players. TradeSports Inc. does not offer a working phone line.
8/4/2006 08:10 PM
TradeSports &
tradebetx downgraded from B- to C+
7/16/2006 11:53 PM
TradeSports & tradebetx downgraded from B to B-
7/16/2006 12:25 AM
tradebetx (SBR rating B) incomplete rules lead to player losses The player bet that a boxer, J. Taylor "will not win the fight". The wording of the wager suggests that the bettor will win the wager if the opposing fighter wins or if there is a draw. The bettor confirmed prior to the match by email, that a draw would indeed result in a winning ticket.
tradebetx has voided the winning bet that would have delivered over $2,000.
Exchange Manager: "Again I apologise that you were originally misinformed about our boxing rules on Friday. The rules that you quoted were incomplete and so in a case like this the Exchange determines what is the fairest solution to all our members and in this case, voiding the bets was the most appropriate course of action. I do appreciate that you were misinformed originally and so as a gesture of goodwill I have added a credit of $50 to your account."
Sister trading site, TradeSports (SBR rating B), has also been the subject of recent wagering disputes. SBR will speak with management further and reevaluate the
Trade Exchange Network.