What to learn from BetMayor Sportsbook scam

Scam sportsbook BetMayor (SBR rating F) remains off-line.

The collapse of the short-lived online sportsbook highlights why players must be extremely caution of new bookmakers, especially around football season.

Scam online sportsbooks will jack up their sportsbook and casino bonuses attempting to lure in new players, but have little if any financial backing.

BetMayor Sportsbook operated on what's referred to as being "on the float", hoping to take in enough new deposits to pay a handful of losers and work their reputation up through posting forums. Unfortunately for the sportsbook, players have gotten savvier and once news broke of their refusal to pay $51,000 to a legitimate casino winner, their business dried up and the sportsbook closed shop soon.

There have been unconfirmed reports that the scam website changed names after claiming an acquisition fell through.

It is not uncommon for scam operators to attempt to reboot their operations to try to turn the tide, case in point: When Apex Sportsbook went down in flames in 2004, the owner then had success with brand Bet33 and was able to make good on payouts after six years from players who were scammed out of their winnings when the sportsbook closed without being able to honor all debt.

Sportsbook Review urges players to stick with the tried and battle-tested online sportsbooks displayed on the best sportsbooks list.




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