Sportbet Withdrawal Rejected: Rollover??!!

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Stumpage
    SBR MVP
    • 09-21-05
    • 2906

    #1
    Sportbet Withdrawal Rejected: Rollover??!!
    Since this is my first withdrawal ever from Sportbet, I'm wondering if anyone associated with them has had a similar experience...

    I put in a request for a Neteller withdrawal of $2,500 today, only to find out hours later that it had been rejected due to "Insufficient Rollover requirements met" (7 times). Now, anybody that plays at Sportbet realizes that their rollover requirements reads like War and Peace, only longer. However, my last deposit of $2,500 took place nearly 7 months ago on April 17th.

    I've played nearly every day since then, placing hundreds upon hundreds of wagers, to the point that I've put probably in the neighborhood of $100,000 in action, and that would be a conservative estimate. My online limit now is $100, but that was a recent move a few weeks back, as for months before that it was $250and up to $500 for a while as well.

    Anyway, just wondering if this is par for the course with Sportbet. Is it always this hard to get money out of your account with them, to the point where their rollover must be somewhere in the neighborhood of 50 times going off what is happening here with me?
  • Dead Money
    SBR Wise Guy
    • 08-30-05
    • 706

    #2
    I had a similar problem, but did get paid.

    My scenario was that only certain bets counted towards my rollover, and it was only the baseball bets.

    If the bets were to chalky, I forget the cutoff, they didn't count towards rollover.
    None of the soccer bets counted towards the rollover.


    I eventually did get paid, actually got paid quickly, but my numbers did not add up ti theirs on calculating the roll.
    Comment
    • Dead Money
      SBR Wise Guy
      • 08-30-05
      • 706

      #3
      I must admit, i really did like the shop. The software they use for mobile betting through my cellphone was awesome.


      Lines were pretty vanilla, along with the vig, but I would play there again.
      Comment
      • Stumpage
        SBR MVP
        • 09-21-05
        • 2906

        #4
        Yikes...If it's only baseball bets that count (Which is ridiculous if that's the case), then I guess I'm looking at around 2015 before I get out...Anyway, thanks for the feedback Dead.
        Comment
        • HAPPY BOY
          SBR Hall of Famer
          • 08-10-05
          • 7109

          #5
          sounds like another crap book scam, sorry pal I can sympathize with ya
          Comment
          • Stumpage
            SBR MVP
            • 09-21-05
            • 2906

            #6
            I hope not...Actually, they've always been excellent in the past, so I hope I can get this cleared up. Or at least get some idea of what this monstrous rollover requirement is, as so far I've had no response from them regarding this.
            Comment
            • LGBoots
              SBR Wise Guy
              • 08-10-05
              • 742

              #7
              Originally posted by Stumpage
              I hope not...Actually, they've always been excellent in the past, so I hope I can get this cleared up. Or at least get some idea of what this monstrous rollover requirement is, as so far I've had no response from them regarding this.
              Im pretty sure that only Baseball moneylines count towards the w/r.

              But you can play sides & totals on College & NFL/NHL which should count towards your wagering. At least I think they do
              Comment
              • Stumpage
                SBR MVP
                • 09-21-05
                • 2906

                #8
                Situation resolved and all is well...Andrew at Sportbet CS took care of it for me. I must say, I've dealt with many, many books over the years, and this Andrew fellow at Sportbet is like the Lebron James of Customer Service in this industry. This is not the first time he's helped me out.
                Comment
                • Sam Odom
                  SBR Aristocracy
                  • 10-30-05
                  • 58063

                  #9
                  When a book limits your action with low wagering limits AFTER the deposit they should have to forfeit their rollover Requirements and pay the player. TOTAL BULLSHIT-
                  Comment
                  • JoshW
                    SBR MVP
                    • 08-10-05
                    • 3431

                    #10
                    Stumage glad it was resolved. Did the CS agent you worked with explaining anything about rollover at Sportbet that would help other players to know?
                    Comment
                    • Stumpage
                      SBR MVP
                      • 09-21-05
                      • 2906

                      #11
                      Originally posted by lakerfan
                      Stumage glad it was resolved. Did the CS agent you worked with explaining anything about rollover at Sportbet that would help other players to know?
                      Hey Lakerfan...After I chatted with Agent Andrew, he told me he would talk to the accounting department and see where my situation stood...About an hour later I logged on to Sportbet out of habit, and was pleasantly surprised to see that my withdrawal had been processed.

                      I have no idea what took place, but I'm sure the agent stated what seemed obvious to me, that I had long since met the rollover. Then again, to be honest I'd be amazed if anybody could figure out the rollover requirements at Sportbet. It is one of the most bizarre and complex setups I've ever come across. I'm thinking it's a project for Ganchrow to analyze for a few weeks in a lab somewhere, then report back to the masses with his findings.
                      Comment
                      • SBR_John
                        SBR Posting Legend
                        • 07-12-05
                        • 16471

                        #12
                        Glad everything was resolved.

                        There have been management changes at Sportbet and I would be willing to bet a shift in ownership equity.

                        We will see which direction they go from here.
                        Comment
                        • pags11
                          SBR Posting Legend
                          • 08-18-05
                          • 12264

                          #13
                          they will continue to head down...they are crap...
                          Comment
                          • JoshW
                            SBR MVP
                            • 08-10-05
                            • 3431

                            #14
                            John-

                            These management changes involve Jake leaving or is it something else?

                            If Jake ever left, I would certainly be more concerned as he seems to be pretty fair especially if SBR brings something to him.
                            Comment
                            • SBR_John
                              SBR Posting Legend
                              • 07-12-05
                              • 16471

                              #15
                              Its the "something else" Laker.

                              Sportbet had a few ownership sqirmishes over the years that Jake and the very active CFO Carl finally got under control. Now both are suddenly gone and suddenly gone after doing a very good job turning Sportbet from the brink of failure to a good book.

                              I don't where it goes from here. This is a legacy brand name that good management could do something with.
                              Comment
                              • RickySteve
                                Restricted User
                                • 01-31-06
                                • 3415

                                #16
                                Originally posted by Stumpage
                                My online limit now is $100, but that was a recent move a few weeks back, as for months before that it was $250and up to $500 for a while as well.
                                I have/had the exact same paltry limits.
                                Comment
                                • Stumpage
                                  SBR MVP
                                  • 09-21-05
                                  • 2906

                                  #17
                                  Originally posted by RickySteve
                                  I have/had the exact same paltry limits.
                                  Yeah, I don't quite understand it. I had deposited several times afer getting cleaned out and had never withdrawn funds, yet literally overnight my limits were dropped across the board. I was on a good run, no doubt about it, but the move came as a shock nonetheless. Whatever policy works best in their eyes, I guess.....
                                  Comment
                                  • wpet99
                                    SBR Hustler
                                    • 04-07-06
                                    • 52

                                    #18
                                    Only bets on NHL or MLB moneyline count towards rollover
                                    Comment
                                    • justbet
                                      SBR High Roller
                                      • 03-04-06
                                      • 185

                                      #19
                                      i am thinking about posting up with this book. i noticed they are a B on the SBR ratings guide. they have a decent bonus. are they safe?
                                      Comment
                                      • Bill Dozer
                                        www.twitter.com/BillDozer
                                        • 07-12-05
                                        • 10894

                                        #20
                                        Originally posted by justbet
                                        i am thinking about posting up with this book. i noticed they are a B on the SBR ratings guide. they have a decent bonus. are they safe?
                                        Sportbet has been pretty solid over the past couple years. As John mentioned, they parted ways with Jake on good terms and things remain pretty smooth.
                                        Comment
                                        • RickySteve
                                          Restricted User
                                          • 01-31-06
                                          • 3415

                                          #21
                                          They've really cut limits and tightened up their lines and policies since the management change. They were a juicy target before, but just another full juice line cloner now.
                                          Comment
                                          • justbet
                                            SBR High Roller
                                            • 03-04-06
                                            • 185

                                            #22
                                            i am looking over their promos and bonuses and they look pretty generous. does anyone ever do the free football free play thing on friday or any of thier other promos?
                                            Comment
                                            • Chuck Sims
                                              SBR MVP
                                              • 12-29-05
                                              • 3072

                                              #23
                                              Sportbet is garbage. Lies after lies from these scumbags. Dropping your limits to $100 before the rollover is complete is bush league. Its also very shady.
                                              Comment
                                              • RiverMan
                                                SBR Hustler
                                                • 11-30-06
                                                • 66

                                                #24
                                                all books have roll overs , don't they?
                                                some have 15, some 8 , etc...
                                                just gotta check with their support before you play
                                                neways, it's good that ur case is resolved
                                                Comment
                                                • pags11
                                                  SBR Posting Legend
                                                  • 08-18-05
                                                  • 12264

                                                  #25
                                                  typical scam move...they hope you play more and eventually lose...
                                                  Comment
                                                  • justbet
                                                    SBR High Roller
                                                    • 03-04-06
                                                    • 185

                                                    #26
                                                    they just told me via livechat i have completed $1000 towards my rollover. i called bullshit and called them and went over my bets with them and what do you know, i have completed over $7000 of my rollover. funny how that works, huh? i guess they just hope you will believe their lying asses and keep playing. stay away from this book.
                                                    Comment
                                                    • freebie
                                                      SBR MVP
                                                      • 08-10-05
                                                      • 1174

                                                      #27
                                                      Originally posted by pags11
                                                      they will continue to head down...they are crap...
                                                      I agree 100% crap and nothing but crap.

                                                      Hear so much horror stories about sportbet from other forums.

                                                      pinny
                                                      cris
                                                      wsex
                                                      matchbook

                                                      stick to it and you'll be fine.
                                                      Comment
                                                      SBR Contests
                                                      Collapse
                                                      Top-Rated US Sportsbooks
                                                      Collapse
                                                      Working...