The word “BetIslands” can currently be found in the subject line of no fewer than 22 threads at SBRForum.com.
Five days have passed since the offshore sportsbook folded and stole an estimated $1.5 million in player funds, and customers are every bit as angry now as they were when the news broke on Tuesday. The reason for the anger, at least at SportsbookReview, is because many people believe that SBR—an “independent” review site—knew of BetIslands’ financial instability before the book went under.
Everything we have heard suggests the same, and the evidence is mounting.
We’ve spoken with a few offshore contacts, and the consensus is this:
BetIslands was a poorly run book.
They didn’t deserve a ‘B’ rating.
This day was coming.
An SBR forum member reached out to 5Dimes general manager Tony Williams and posted the exchange to the message board. Williams, a somewhat polarizing figure in the sports betting world (he speaks his opinion), didn’t mince words when asked about the BetIslands fiasco.
5d175XXXX: What happened with BetIslands? Do you think any book will come through with a “bail out”?
Tony: there will be no bailout
5d175XXXX: That sucks for all those players.
Tony: you bet with crap books, you get what you deserve
Tony: screw’em all
Tony: you play at shit books, you end up with shit on your hands
Tony: that simple
Tony starting to grow on me, might have to deposit there but in a way that SBR don't get shit.
