Sportsbook news results for the search term: shilbet
09.06.2009 (04:39 AM CST)
SBR Forum posters point out that new sportsbook, WBEXonline, very much resembles Shilbet. Both used the same server with very similar IP addresses. Shilbet was known for offering weak lines and targeting UK players while operating from Costa Rica, as is the case with WBEX. Poster Champi also points out that the sportsbook has copied bwin (SBR rating C-) website url tags and rules pages. Whether a reincarnation of scam-book Shilbet or a new book run by inexperienced management, WBEXonline shows classic warning signs of a sportsbook that will eventually fail, taking player funds with it. | WBEXonline discussion
07.19.2009 (12:32 AM CST) The sportsbook's players write to SBR daily reporting that their funds were lost when the sportsbook disappeared. Shilbet spent its last two active months cheating players in various ways including altering wagers. SBR is researching the possibility that Shilbet is attempting to open a new sportsbook under a different name.
07.09.2009 (11:17 PM CST)
SBR added Shilbet to the Rating Guide at F in June after receiving a flurry of complaints that the sportsbook was changing player wagers. Shortly thereafter, payout requests were ignored. Shilbet's phone service has been offline for at least two weeks. The sportsbook has ignored SBR email for the past month. Shilbet's behavior and reactions to customer complaints suggest it is likely the sportsoook will not pay players or be back online under the Shilbet name.
07.01.2009 (10:58 PM CST) (SBR rating F) continues to confiscate balances without explanation and lock players out of accounts. The Costa Rica based soccer sportsbook has not responded to SBR inquiries since threatening legal action.
06.28.2009 (11:30 PM CST)
Multiple Shilbet (SBR rating F) no-pay complaints are received this weekend following last week's reports of fraud. Players are advised to attempt withdrawals and warn other players about Shilbet.com.
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06.26.2009 (09:38 PM CST)
SBR received complaints from 19 players against Shilbet (SBR rating F) complaining of widespread fraud and balance confiscations. The first wave of complaints occurred after the June 10th, 2009 soccer match between Ecuador and Argentina. Shilbet offered odds of 4.0 on Ecuador, and did not lower the odds as the rest betting market moved against them. Multiple players bet on Ecuador at 4.0, and won their wagers. When Ecuador won the match 2-0. Shilbet changed the winning wagers of twelve players to a losing halftime bet on Ecuador (the halftime score was 0-0). Of the eight players that confirmed risk amounts, $10,438 in winnings were stolen.
SBR also received three complaints on the grading of the June 18, 2009 match between England and Spain (under 19). All three players complained that their wagers were changed from full game to first half wagers, resulting in winning wagers becoming losers. Two of the players had $900 in winnings stolen (with the third player’s amount in question).
SBR received several complaints about the grading of tennis matches. Several players bet on the June 24, 2009 tennis match between Schiavone and Larcher de Brito. The player backed Schiavone, but after the match the wager was changed to Larcher (making it a losing wager). The player provided screen shots of the altered wager here. As a result of this switch, the player lost $1,550. Another player complained of his winning wager being changed to a losing one on the June 24, 2009 tennis match between Dushevina and Vesnina (the amount has not been verified). Supporting screen shots were included in the Shilbet discussion thread here .
SBR received seven complaints that Shilbet closed a player’s account for “violating their rules,” and then confiscated the balances. $10,015 was confiscated from five of these players (two have not yet provided the amounts stolen). No further explanation was given to the players, and Shilbet is not responding to player emails. Shilbet initially stated that players were simply making errors and were mistaken on how their software worked. Shilbet stopped responding to SBR after the complaints and evidence against Shilbet accumulated.
06.26.2009 (02:58 PM CST)Shilbet - SBR initiates rating coverage at F
06.22.2009 (06:12 PM CST)
Since the Shilbet report on June 17th SBR has received multiple complaints of winning wagers graded as half time losing bets. SBR concluded that Shilbet, at minimum, fails to properly label wagering options and wagering tickets. Shilbet has threatened both SBR and its players with legal action in attempt to minimize the exposure of negative feedback.
Player:[quote] I placed bets on the 4.0 Quote in Equador (Game Equador X Argentina)Total bets in Equador: $405. Equador won 2-0 so I win $1620.They don´t pay saying that the odd was for haft time result and i should pay more atention. As I never had any problem with them I belived that was my mistake. A few days later the same happen in the game Spain U21 X England, but in this game I'm sure that the odds were for full time and complain with then... two days later they put the money in my account. Last friday i decided to withdraw some money from my account and they don´t pay. I have try several times to withdraw money and don´t receive nothing (they usually make payments in a few hours after request). Today I receive an email saying that my withdraw request was rejected. My account balance is $1075,50. And I also want that they pay me the $1620 from the game Equador X Argentina. This money is mine they are literally stilling my money! [/quote]
Player:
[quote]On my email of shilbet.com answered:
"About your inquire, the bet was placed on half time result and not full time result, therefor the outcome is correct.
You can see it for yourself in your "My sent forms" section, just click on the event and you will see two number under the notes section, 2 and 8. 2 means 3way bet and 8 means half time result bet."
But when I did bet there was not 8! Shilbet.com changed my wager too in the same manner, from full time result to half time result, making my winning wager lose. Help me please to get my winning, or the expended money. [/quote]
06.17.2009 (08:22 PM CST)
Two players from sportsbook, Shilbet (not rated), complain that the sportsbook graded their full-game bets as 1st half losing wagers. On June 10th, Shilbet offered wagering on the Ecuador vs. Argentina soccer game. Odds history logs show that Shilbet offered full-game odds of +300 on Ecuador, +210 on the draw, and -143 on Argentina. At least two players had wagers on Ecuador at +300, believing it to be a game wager. The game was tied 0-0 at halftime, and Ecuador won the game 2-0. The players now see that half time result had been applied to their wagers on the full game. SBR has begun discussing the matter with Shilbet.
Shilbet claims that "In certain occasions we pick unconventional odds in order to attract players". SBR notes that Betfair (SBR rating A+) had odds on a first-half draw at +108, and finds Shilbet's explanation for the line being for the full game is unlikely for multiple reasons. 1. It was offering +210 on a first half draw - nearly double the market price; and 2. Both players and odds tracking sites would have had to misinterpret first-half odds as full-game odds. Shilbet's software does not note if wagers are on periods of games or full games.