Betmania - recent experience

[Mudcat]

Their SBR rating is B-

This subject keeps coming up in PM's so I thought I would make a thread. It recently took me two full weeks to pull about 10K out of there by Neteller. I know some other people have had Neteller problems there too.

FWIW, my impression was it wasn't a life-threatening problem. Books that are in serious trouble act a certain way and it didn't seem like that. It just seemed like a glitch.

They did offer me alternate payout methods. Those methods turned out to be no good for Canada - which was obviously frustrating - but they did seem to be trying very hard and there was a guy who gave me his extension and made himself accountable.

Nothing official here. Just relating my experience and impressions. My cashout was completed about a week ago.

[tomcast]

Waht features does Betmania offer?

[Mudcat]

Reduced juice (-107 on football, -108 on hoops). I find some nice opinionated lines there. Limits are good. Up to 10K on NFL spreads.

It's a good place to play and I didn't want to totally cash out but I got nervous with some of the problems they were having getting me my money so I pulled everything out.

I heard some people in the early days - I believe Lakerfan was one - talking about having their limits cut real quick but it never happened to me and I don't see much of that talk any more.

They had a good sign-up bonus. I think when I signed up it was 15% cash and a 10% freeplay plus a $100 freeplay on the Sunday or Monday night football game. Their normal reload is not great (10% freeplay ???) but if you lose your balance and don't play for awhile they call you back with an offer similar to the sign-up deal.

I don't know if they'll ever call me again now that I've taken a payout. Being as they're related to Skybook, I'm guessing they won't.

[Mudcat]

One other odd thing to be aware of about Betmania. Sometime I see this message when I am signing in:

All games are circled MAX $500 from 9P.M Pacific to 9A.M Pacific, Saturday and Sunday, until 8A.M Pacific. All wagers to override this restriction will be cancelled.


Sounds like their system will accept the bets but then they will be cancelled.

That can't be good. Seems like a recipe for hassles.

Shouldn't they just program their betting limits into their system.

[ronald]

Mania seems a bit shady to me. I've played there and got paid, but I just didn't like the feel of their operation.

[Chuck Sims]

BetMania is shady. The stiffs from Millennium have started up this bogus book. The owner feels winning gamblers are stealing money from him. Be careful.

[custer]

They were very fast to cut my limits, and cut them big. That said, payouts through neteller were fairly quick and hassle free.

[Patrick McIrish]

I'd be careful here, think they are rated a tad high in my opinion. Plenty of better options out there to play through.

[CA_Bettor06]

Betmania cash flow problems

I have noticed that Betmania cut payout limits from $10K per day to $2500 per day in the past 3 months. They are also slowing Neteller these days. In addition, they are retroactively implementing a 30 day hold on all deposits plus bonuses - you can only take out your winnings after meeting the rollover, but the original deposit plus bonus must remain in the account. This 30 hold is not posted on their website nor do they tell you when you sign up and accept the deposit. If you complain to them they say that they can will say the have the right to change their policies anytime without notice.

I think it's time for a downgrade!

[imgv94]

I am planning on withdrawing around $500 from them this week, how long do you believe it will take?

Thanks in advance...

[Catsfan]

I am planning on withdrawing around $500 from them this week, how long do you believe it will take?

Thanks in advance...

I think for $500 you will get it the same day if you request it in the morning and are receiving it via Neteller. Report back and let us know.

[Chuck Sims]

"This 30 hold is not posted on their website nor do they tell you when you sign up and accept the deposit. If you complain to them they say that they can and will say they have the right to change their policies anytime without notice."

Betmania is no different than BetOnSports. They will close up and stiff everyone if its in their best interest.

[Mudcat]

So it sounds like things may be degenerating somewhat. They are listed as being affiliated with Skybook, who seem like a good crowd.

BetMania is shady. The stiffs from Millennium have started up this bogus book. The owner feels winning gamblers are stealing money from him. Be careful.

Can you give a little more detail of where you are coming from with these accusations?

[jumper]

requested a payout today,after a 15 minute wait was told pushes dont count toward rollover.i argued the point and after another 10 minutes was told a bet was a bet and pushes would count so i could request a withdraw.problem now with neteller i,m told is neteller now works in euros so it costs books more to transfer,should get my neteller processed tomorrow if all goes well.echeck processor not working for next couple days.hopefully all will be ok with rio group,soft lines at mania but scary writing on the walls

[TLD]

I’d lean toward not keeping money there at this time. Just from reading the forums and talking to a few people I know, there are lots of little red flags accumulating. No out and out stiffings that I know of, but enough to keep me away.

[Chuck Sims]

Mudcat, These "accusations" are what was reported at EOG. They were denied at first but when the person who reported it was in Costa Rica and would not back down, the denials ceased. I believe it to be true. One other thing. When wanted fugitive Norm was running Millennium he paid Phil Steele to promote his sportsbook. New book BetMania starts up and look who is paid to promote them, Phil Steele.

I would not trust Betmania with one penny of my money.

[SBR_John]

Thanks for the info and your recent experiences at BetMania. SBR will review their rating and possible connection to BOS. Good thread, thanks again.

[imgv94]

This is a great thread..

[bigboydan]

11.28.2006 (08:24 PM CST)

BetMania (SBR rating B-) settles disputes with two players who won funds betting duplicate parlays. A rollover has been applied to the reinstated winnings, which were originally deleted as the product of invalid bets. SBR has advised BetMania to update the sportsbook’s terms of service prohibiting users from rebetting duplicate parlay wagers.

[wrongturn]

What is a duplicate parlay? Same bets in a parlay?

[Bill Dozer]

What is a duplicate parlay? Same bets in a parlay?

Team A,B and C for the max and then, Team A,B and C bet again.

So, If the max bet was $1000 you could bet 5 $50 duplicates but if you bet 21 parlays, the last one would be deleted after the match. They need to fix the rules to address software shortcomings.

[Bill Dozer]

I have noticed that Betmania cut payout limits from $10K per day to $2500 per day in the past 3 months. They are also slowing Neteller these days. In addition, they are retroactively implementing a 30 day hold on all deposits plus bonuses - you can only take out your winnings after meeting the rollover, but the original deposit plus bonus must remain in the account. This 30 hold is not posted on their website nor do they tell you when you sign up and accept the deposit. If you complain to them they say that they can will say the have the right to change their policies anytime without notice.

I think it's time for a downgrade!

Do you have an account number for us CA?

Thanks,
Bill@sportsbookreview.com

[Bill Dozer]

"This 30 hold is not posted on their website nor do they tell you when you sign up and accept the deposit. If you complain to them they say that they can and will say they have the right to change their policies anytime without notice."

Betmania is no different than BetOnSports. They will close up and stiff everyone if its in their best interest.

It's public knowledge that Mike Mitchell of Millennium is their GM but this is not BOS. They opened up using Skybook's Neteller, offering free transfers between books and wearing the RIO name. It is always possible that other third parties have an interest but Skybook publicly put their name on it.

If they are applying 30 day holds and it is not listed or emailed, then B- is too high. When the TOS is as light as theirs they are expected to always give the benefit of the doubt to the player.

[SBR_John]

Have we asked the Rio group ownership if they back this shop 1,000%?

[Mudcat]

Have we asked the Rio group ownership if they back this shop 1,000%?

I'm not trying to be a smartass but according to your own Rating Guide, there is no Rio Group.

Betmania and Skybook are listed as Main Street Vegas Ltd.

As with the questions that have come up recently about Jazette (which appear to have been addressed - thank you very much), these are confusing times.

[SBR_John]

I'm not trying to be a smartass but according to your own Rating Guide, there is no Rio Group.

Betmania and Skybook are listed as Main Street Vegas Ltd.

As with the questions that have come up recently about Jazette (which appear to have been addressed - thank you very much), these are confusing times.

Right. Years ago it was the Rio Group and I'm a bit old school in addition to being just plain ole old. They were sued by the Rio Casino and changed the name but I still call them by their original name. Give me a few more years and I will adjust.

[Bill Dozer]

Have we asked the Rio group ownership if they back this shop 1,000%?

Both Skybook and Mania told us the money is the same but they want players to see the two sites as separatly managed sportsbooks. Both sites were branded as under the "RIO Group" until recently. I believe BetMania (pic) removed the name a few months ago. I'm expecting to talk to Skybook owner again this week if not tomorrow. He can give us a new official statement.

I'm not trying to be a smartass but according to your own Rating Guide, there is no Rio Group.

Betmania and Skybook are listed as Main Street Vegas Ltd.

As with the questions that have come up recently about Jazette (which appear to have been addressed - thank you very much), these are confusing times.

The group names aren't down to a science. If the book was public we used that company name. If they each listed the parent company like Main Street on their site, we might use that. If it's a scam group you'll probably see it labeled by the first website we fingered. The names serve the purpose of grouping affiliated sites, even if it's hosting services.

[louis]

I had duplicate parlays cancelled at Betmania

I am one of the players that had duplicate parlays cancelled, and I reported to SBR that I had worked out a deal with them to have the winnings restored.

They told me that every Monday they go through the weekend's bets, and all bets are cancelled, win or lose, that exceed their maximum.

This is very very unprofessional for a sportsbook to do this, and take no responsibility for their software, and not bother to clearly post their rules on their website.

I had no way of knowing that I had exceeded the maximum. The rules on their website, and the messages that appeared are not clear. They simply state a $1000 "maximum".

Many sportsbooks, such as 5 dimes, Wsex, etc. etc. allow betting multiple tickets at a maximum. How in the world am I suppose to know if this is a maximum per ticket, or overall maximum. The way I tried to find out was using their software, but oops what their software allows is not what they want to allow when you win.

For them to cancel bets after the game is completely unacceptable.

I wish I had just complained to SBR immediately instead of negotiating with these crooks.

[Mudcat]

They told me that every Monday they go through the weekend's bets, and all bets are cancelled, win or lose, that exceed their maximum.

This is very very unprofessional for a sportsbook to do this, and take no responsibility for their software, and not bother to clearly post their rules on their website.

That's putting it mildly.

[moses millsap]

Many sportsbooks, such as 5 dimes, Wsex, etc. etc. allow betting multiple tickets at a maximum.

Is this the case only if the line price changes? In the past, that was the case with small tennis props and/or matches that had $250/$500 limits. But as recently as a month ago, I was only allowed a $250 max on a match even after the line moved and I tried to bet it again.

[louis]

Betting multiple tickets at the maximum bet

My max at 5 dimes is $500, and I can bet it over and over again. It doesn't matter if the line changes or not. I can also bet multiple tickets at Canbet, at $1000 each, regardless if the line changes or not. At Wsex I can bet multiple tickets, but must wait 5 minutes between tickets.

[moses millsap]

My max at 5 dimes is $500, and I can bet it over and over again. It doesn't matter if the line changes or not. I can also bet multiple tickets at Canbet, at $1000 each, regardless if the line changes or not. At Wsex I can bet multiple tickets, but must wait 5 minutes between tickets.

Even for tennis challengers?

[custer]

Both 5 dimes and WSEX change the limits and the amount of times you can bet the limit on a per player basis. Some players they will allow to play the maximum multiple times, some players are only allowed to play a reduced limit once per bet.

[Chuck Sims]

Betmania is one shday book. I seriously doubt they cancel losing wagers.

louis, was this the first time you bet the max and then bet the max again?

[louis]

yes this is the first time

Yes this is the first time I bet the max and then bet the max again.

In my case it was a two team parlay, team A and team B. Then I bet team A and team B again.

I bet these two days before the game. They had a lot of time to cancel them.

But as they say, they wait until Monday, and then cancel all wagers that exceed the max.

They claim to cancel both winners and losers, but of course there is very strong suspision they only cancel the duplicates of those who have a net win from these parlays.