1Vice Sportsbook players have reported receiving emails advising them that their accounts have been officially assumed by RDG Corp (the parent company behind betting websites AmericasBookie, Bet33, and other skins) along with a 10X rollover on their balances.
SBR originally reported on January 30 that the move was scheduled for after the Super Bowl.
Three players have also confirmed receiving no such email or an email expressly informing them their action is not welcome.
1Vice Email to Players with 10X rollover news:
"Thank you for being patient while we transitioned to our new software solution, and upgraded our business model.We have done our best to accommodate all the accounts we transferred. We were able to have your account assumed with a situation of a 10x rollover of your current balance before a cash out can be requested."
1Vice Email to Players without 10X rollover:
"Thank you for being patient while we transitioned to our new software solution, and upgraded our business model.We have done our best to accommodate all accounts. Unfortunately we were unable to have your account assumed because your style of play does NOT meet our new business model."
Whenever a sportsbook is acquired or assumed, the liabilities had by the original sportsbook must also be assumed.
It is customary for players to receive rollovers whenever there is an acquisition, as the alternative is the grim reality that players would not have a chance at redeeming their funds at all, as the collapses of high profile sportsbooks Canbet, WSEX, and BetIslands demonstrated.
The 1Vice rating has been reassessed to D+ which is in line with the rating held by AmericasBookie. The rating may see further movement based on the resolution of the case and if the players who reported not receiving details about a balance rollover are paid.
A player owed over $9,000 had been led to believe his payout would be forthcoming by 1Vice Sportsbook prior to the talk of the move back to RDG Corp, the parent company which previously powered 1Vice before the sportsbook went its own way in April of 2012. 1Vice's rating was previously as high as C after mostly consistent player feedback who enjoyed the sportsbook's perks and the short-lived addition of bitcoin to their cashier.
A second player has reported a balance of $3,691. The player had been told previously he could no longer play with 1Vice; he hasn't received further information on his balance.
Sportsbook Review urges players to submit their feedback to email@example.com.