Sportsbook.com payouts update
A Sportsbook.com US (SBR rating D-) player has reported payment of $600 after eleven weeks. Sportsbook.com is currently delaying payouts in addition to the advertised six to eight weeks. SBR has received reports from 25 users owed over $80,000. SBR spoke with a manager at the end of April who acknowledged the delays.
Management pinned the blame on processor issues but did not expand or offer a time-frame on payout speed improving. Sportsbooks must keep enough cash on-hand to deal with what may be legitimate banking challenges.
Sportsbook.com remains rated D- for its confiscation of more than $100,000 from winning players in the infamous correlated parlay cases, and for its inability to offer reliable service to users. Players with large balances should be aware that there are significant payout delays before continuing to bet and potentially grow balances more.
SBR advises players with payout complaints against Sportsbook.com to file a complaint. Players may also share their experiences in the Sportsbook & Industry forum.
On September 28th, SBR reported that Sportsbook.com's international customers were acquired by Win United Ltd - the parent company which powers YouWin Sportsbook (SBR rating C).
Follow SportsbookReview.com on twitter. SBR has been the leading online sportsbook industry watchdog since 1999. Players in need of assistance should submit a sportsbook complaint form. Players with general questions may also contact SBR by writing to email@example.com