Originally posted on 11/22/2012:

Hi All, I am new to SBR. Although I realize that many of you already know about the shady background of Topbet, I wanted to post about my recent experience so that nobody else gets burned by these guys.

Long story short, Topbet has recently sent multiple customers payout checks written from a closed account. Their CS is responding with standard emails, and is not picking up the phone. I have read that this is happening to multiple people. I don't know whether this is a Topbet issue or a processor issue (I have read that Topbet claims it does its own payment processing), but either way they are defrauding their customers.

I was a victim of Covers' recommendation of Topbet. I should have done more research before I did business with them, but alas, live and learn. I have made the switch to 5Dimes. I would like to encourage everyone to spread the word that Topbet has gone under, and that nobody should deposit money with them. Also, IMO, SBR should put them on its black list.

I will report back if I ever hear from Topbet. Not holding my breath.

V.