Originally Posted by
own your risk
Whether we like it or not, sportsbook.com & all the other books out there are running a business. Who knows the actual people that are really behind it, but they have company bills to pay & employee wages to worry about, not to mention their own pockets to line. Like any unregulated business with a dominant market share, they are naturally going to jam their customers to the fullest tilt, for as long as they can get away with it...
If we want to deposit & wager there in the meantime, we will, but ultimately it's our choice (I'm not counting those of you who have withdrawn & are just waiting for the final funds to come, with no intention of playing again). They are clearly having issues with the ability to properly run their business, which leads to the question of how long they can remain solvent. Regardless, I believe they will do so until the bitter end, i.e. there is plenty of room for them to continue...
Based on my own experience with this book, as well as that of friends & the feedback from folks on this board, it is clear that they are tightening controls. In my opinion this is an attempt to shore up the core business they have (i.e. lower limit/consistent wagers that give them a 10% take on every matchup).
I have been with SB for years, & they have recently reigned in my limits on all sports bets. Granted, they haven't closed my account like they did marc's, who appears to be one of their size players, but they have sent a message that basically states "we cannot profitably take your size action". I find this extremely disappointing, but in the same breath realistic as a business concern. I do not believe these procedures would be taking place were it not for the absurd regulations of a certain North American government that have driven many customers completely out of the picture. However, I also believe there is little chance they will stiff any customers in the near term. Yes, it will take time to get your withdrawal, but the end is not near. As long as there is significant demand for this service (duh), they will continue as a going concern, albeit with customers they are confident they can consistently clear $$$ from...