Sportsbook news results for the search term: olympic
10.28.2008 (07:42 PM CST)Bet1128 (SBR rating D+) player complains the sportsbook confiscated his balance of over $37,000 Euros the week of August 24, 2008. He was one of five complaining players that won over $100,000 Euros combined betting on Olympic boxing round-robin parlays. Bet1128 closed all the player accounts and seized all balances including deposits, claiming they were a betting syndicate. Bet1128 does not claim the players exceeded the maximum stake per bet with multiple accounts, bet from the same location or at the same time, or exceeded the one-day maximum win amount of $150,000 Euros. Their sole explanation was:
"Our customer XXXXX YYYYY has been linked to a group of punter. It’s our right to protect ourselves against this kind of strategy, which is unfair and deemed as cheating by our terms and conditions. We are able to prove the link of these players and ready to show to the relevant body. We are looking forward to receive official request from all the person involved in the affair, in order to clarify our position as soon as possible."
Bet1128 failed to provide valid reasons for their actions. The sportsbook states that an IBAS investigation is pending. Bet1128's rules do not prohibit players from sharing wagering information. The player admits to knowing the other sports bettors and states he did not initiate or take part in an investigation with third party, IBAS.
01.13.2007 (02:58 PM CST)5Dimes (SBR rating A) now accepting transfers from Pinnacle Sports (SBR rating A+). There are no fees or minimum amount required. The bonus structure used for new Neteller deposits will apply. Transfer balances will be credited once Pinnacle acknowledges the request sent to its Customer Service Department. The following sportsbooks are also accepting transfers:
BetJamaica (SBR rating A+): The minimum transfer amount is $50. No fees will be applied by BetJamaica. Transferred funds are eligible for available bonuses.
TheGreek (SBR rating A+): The minimum transfer amount is $500. No fees will be applied by TheGreek Sportsbook. Transferred funds are eligible for available bonuses.
WSEX (SBR rating A+): There is no minimum to transfer funds. No fees will be applied by WSEX. A 10% bonus will be applied to funds transferred from Pinnacle Sports.
01.11.2007 (05:58 PM CST)
BetJamaica (SBR rating A+): The minimum transfer amount is $50. No fees will be applied by BetJamaica. Transferred funds are eligible for available bonuses.
TheGreek (SBR rating A+): The minimum transfer amount is $500. No fees will be applied by TheGreek Sportsbook. Transferred funds are eligible for available bonuses.
WSEX (SBR rating A+): There is no minimum to transfer funds. No fees will be applied by WSEX. A bonus will be applied to funds transferred from Pinnacle Sports.
03.01.2006 (10:43 AM CST)officially changes its name to The Greek Sportsbook.
10.25.2005 (03:53 PM CST)The continued health and success of this Jamaica-based group was evident by the physical growth expansion of their respective operations. With the addition of ten new offices and the build out of an additional 60 workstations, BetJamaica and Olympic are poised to maintain their reputations for customer service excellence and player retention, even with a 100%-plus increase in overall volume during the past year. After meeting with Spiro and Scotty, it’s clear that Olympic and BetJamaica are healthier than ever and are still two of the safest and highest-rated sportsbooks in the industry today.
09.18.2005 (11:26 PM CST)odds now featured on SBROdds.com.
05.16.2005 (05:47 AM CST)Salma is the latest ex WWTS executive to land with an A+ sportsbook. Her presence and leadership could make a major difference. Simon Noble, ex CEO of WWTS and Intertops, recently joined Pinnacle (SBR rating A+). And finally the dynamic Jessica Davis, COO of BetWWTS (SBR rating A+), has her contract extended as does CEO Collin Walker. The stability at BetWWTS is a welcome sign as they prepare to integrate their acquisition of Cybersportsbook.
05.03.2005 (06:18 PM CST)and BetAllSports (SBR rating B-) now officially part of the Olympic Sports Group. SBR readers can now see the parent company and/or mangement of most sportsbooks in our rating guide by using the Display by feature.
04.11.2005 (11:10 AM CST)has agreed to aquire Wagerstreet (SBR rating B). Olympic management tells SBR that the deal is 90% complete. Wagerstreet players should not experience any interruption in service; as the two companies plan on a seamless transition.
03.16.2005 (12:11 PM CST)Olympic Sports (SBR rating A+) in negotiatons to acquire Wagerstreet (SBR rating B) and BetAllSports (SBR rating B-). Spiros, owner of Olympic, confirms that the deal is in the works, but nothing has been solidified. If the acquisition is finalized both sites will continue to operate as individual brands.
12.23.2004 (12:18 AM CST)Already fully under VIP management, VIP Sports makes the move to acquire a 100% interest in BetOnGames(BOG). BOG was part of the highly touted big 3 new sportsbooks of 2003. BetJamaica (SBR rating A+) backed by Olympic and BetOnGames have been successful star performers while BetPanAm (SBR rating F-), proved to be nothing more than an amateur run sportsbook that eventually failed. The move to acquire BOG makes the 3rd VIP acquisition in as many months.
06.22.2004 (11:43 AM CST)nearing 1st year anniversary and a lock to be the most successful launch of a new sportsbook in many years. Combine the financial strength of Olympic with the customer service skills of BetJamaica's top man, Scotty Johnson, the final result is a sportsbook that players really enjoy. From the three upstarts from 2003, BetPanAm (SBR rating F-) has failed, BetOnGames (SBR rating A-) has done very well but BetJamaica has seen much higher volume and is the clear winner from the three promising entries of 2003.
06.21.2004 (09:10 AM CST)Olympic to submit a comprehensive master license proposal to the government of Panama today that includes money for the repayment of defunct BetPanAm player liabilities. Olympic's 8 year rein here in Montego Bay, Jamaica will likely continue possibly until after the superbowl in 2005.
06.07.2004 (05:37 PM CST)to visit WWTS (SBR rating A+), Intertops (SBR rating B) and WSEX (SBR rating A-). On June 19th the SBR team heads for Jamaica for a meeting with legendary operator Spiros of Olympic (SBR rating A+) and BetJamaica (SBR rating A+). Look for a video tour of Olympic in the review sections later in June.
06.05.2004 (06:21 PM CST) - A long time employee tells SBR that he expects Olympic to move from Jamaica and that Costa Rica and Panama are not out of the running. The odds-on favorite to receive Olympic is still Antigua however tours of other locations continue indicating a final decision has yet to be reached.
05.20.2004 (11:27 AM CST)- regarding the latest events on their dispute with the Jamaican government. A high ranking official at Olympic Sports commented: "The court case was continued until July 26th as indicated in the newspaper. We're here, we're accepting wagers and we have plenty of money"
05.11.2004 (10:17 AM CST)to review Olympic Sports (SBR rating A+) and BetJamaica (SBR rating A+) then to Pinnacle (SBR rating A+) for the launch of the new casino and to preview Pinnacle's soon to be announced low-rake online Poker project.
05.10.2004 (03:49 PM CST)Erica Virtue, supposedly reporting for the "Jamaica Observer" newspaper, reported today the Jamaican government will not allow Olympic Sports to renew their license to operate. Players not to be effected as the issue will likely be settled and is not uncommon when negotiating license fees.
04.05.2004 (09:44 AM CST)Opens the 2004 baseball season with a dime line - Olympic has been a staunch opponent of the dime line favoring instead the traditional .20 line - Sister book BetJamaica (SBR rating A+) will also deal a dime line for the 2004 baseball campaign
03.07.2004 (12:00 AM CST)SBR back up after DOS attack - Special thanks to IGW Software, Hollywood, Olympic and others who provided timely advice, especially Jim from IGW software who worked far beyond the call of duty - No extortion letter received and most insiders believe the attack against SBR was aimed at SBR's new General Manager, Will Gatten, who helped organize the current industry wide stance of not paying extortionists.
02.21.2004 (12:00 AM CST)Olympic for sale? There are two separate reports that Olympic was close to a deal but that Olympic(SBR rating A+) had declined one offer but was still considering another possibility - WWTS was mentioned as a possible buyer. It should be noted that Olympic is one of the most valuable properties offshore and any talk of deals is most likely non-serious window shopping and a regular offshore exercise in determining valuation.
02.11.2004 (12:00 AM CST)SBR in-depth and hard hitting interviews with the CEO's of Pinnacle, VIP Group, WWTS, Olympic/BetJamaica, Hollywood, Bet365, CRIS
01.22.2004 (12:00 AM CST)BetPanam Olympic, BetJamaica raised from A to A+, BetPanAm lowered from B- to C-
08.05.2003 (12:40 PM CST)Majorbetting recovers slowly- Yahoops slow paying - Securebuxx in trouble? Maybe - SBR finds bonuses even higher at top books this year - SBR learns of Olympic's new book.
07.03.2003 (12:00 AM CST)Carib Olympic, Hollywood, Carib edge higher on Full Recommeded List
07.03.2003 (12:00 AM CST)Hollywood Olympic, Hollywood, Carib edge higher on Full Recommeded List
07.01.2003 (10:37 AM CST)BetRoyal receives SBR downgrade - sale to Olympic now uncertain - A more detailed evaluation is needed on fractured ownership group - SBR arranging meetings with Royal mgmt week of 7/21 More updates on Royal Sports.
09.04.2002 (09:47 AM CST)Intertops Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)Pinnacle Sports Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)ClubVipCasino Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)WSEX Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)WWTS Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
09.04.2002 (09:47 AM CST)Carib Recommended List changes - Olympic, WSEX, CARIB gain ground at the expense of Intertops and CRIS WWTS, VIP and Pinnacle continue to battle for top 3 spots
01.15.2002 (10:23 AM CST)AcesCasino AcesGold - Interview with AG CEO clarifies book transfer agreements - Noteworthy: AG's book transfer agreements are unchanged since agreement with Olympic was rescinded 09/01. AcesGold is reinstated on the top 20 list.