This sportsbook is also offline
Sportsbook review of Betbanks.com
Betbanks.com (SBR rating D) is making its rounds across messageboards and Twitter, advertising 25% signup bonuses with no rollovers. SBR urges players to be extremely cautious when depositing for bonuses that sound too good to be true. White label turnkeys have a high failure rate with historically little investment.
The Costa-Rica based sportsbook claims to be primarily a credit outfit with 10% of their business driven by post-up clients. SBR interviewed management and requested permission to visit the Betbanks office to conduct a sportsbook photo tour. Betbanks stated that it would need to consult its senior associate prior to allowing SBR into their facility.
Based on available information, SBR has determined that the business model of Betbanks.com is not sustainable long-term, and is potentially a fly-by night attempt at soliciting player deposits. Betbanks can only process Western Union and Moneygram transactions, which is consistent with previous scam sportsbooks such as Houstonbet (SBR rating F). Like Houstonbet, Betbanks states that it is interested in marketing toward the Asian market.
Betbanks players with feedback are asked to write to firstname.lastname@example.org.
Houstonbet (SBR rating F) back under new names
Sources tell SBR Houstonbet / Vietnamese Sportsbook is back online using the websites VietLuckybet.com and VietBetCali.com. The deposit-only scam that targets Vietnamese-speaking bettors is apparently using any turnkey service provider that will accept it. The current host is an unknown service provider in Costa Rica. The original website, Houstonbet.com was hosted at Evo Data Processing, the provider known for owning stiff sportsbook, Lazerwager (SBR rating F).
SCAM sportsbook Houstonbet (SBR rating F) adds new website VietnameseSportsbook
Houstonbet, which is soliciting deposits from Vietnamese speaking bettors, has added a new website, VietnameseSportsbook.com. The original website, Houstonbet.com is hosted at Evo Data Processing, the service provider known for owning stiff sportsbook, Lazerwager (SBR rating F).
SCAM Update: Houstonbet (SBR rating F) hosted and serviced by same operation that owned stiff sportsbook, LazerWager (SBR rating F).
SCAM Alert: New fraud sportsbook Houstonbet targets Vietnamese-speaking players.
Houstonbet is a fly-by-night sportsbook using customer lists stolen by former employees at legitimate sportsbooks to target Vietnamese-speaking bettors. They offer large bonuses without the intention of paying winners. One player won $19,000 and was denied his withdrawal before his winnings were confiscated. Houstonbet stated the winning bets were invalid because he used more than one computer IP address. Houstonbet does not have rules restricting computer usage by the player and has not cited any other player violations.