I recently requested two payouts of $1005 and $1625. I received these payouts in 3 business days, I think sportsbook.com is back to paying people on time.
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Dream on! They're just stealing from big fish to pay little fish.Comment -
Did they pay any of the hundreds of thousands they stole from correlated parlay bettors?Comment -
To my knowledge, nearly all correlated bettors were stiffed by the Jazzette family of Books, including me for 9k back in Sept. The exceptions were a couple of their small brands that broke ranks and returned the confiscated funds.Comment -
Thanks for sharing your payout experiences with us sir.
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Two things need to be distinguished here.
This family of books has struggled more than most with speed of payouts, probably because they need to do an enormous number of transactions, and processors willing to process checks to the United States are few and are trying to fly under the radar by not sending too many payments at once. So these books have to abide by daily or weekly processor maximums that really are too low relative to their volume, or they have to try to push through more than they’re supposed to and risk being dumped by another processor for violating the limits.
So they have recurring periods where their payouts are delayed and the queues get longer and longer, and it’s unpredictable how long it will take them to get caught up.
The second, separate, issue is that this family of books is crooked. They’re not as far gone as out-and-out “deposit only” F–rated books, but they have the typical D-rated book’s willingness to selectively enforce ambiguous rules, make rules retroactive, and in general look for loopholes to steal from people who win against them. The most egregious recent case is that they decided after the fact just how much “correlation” gives a player an unfair advantage when betting parlays, and they went back and voided all the bets they decided were in this gray area, and simply stiffed those players.
If you absolutely must play at this family of books (and they definitely do offer value to the savvy player), you can protect yourself reasonably well against this second issue by choosing only the minority of their books that have chosen to not cheat their players but to make independent policy decisions from the main group. You can identify these books by checking the SBR rating guide, where you’ll find almost all books in this group down in the Ds, but a handful rated higher. These higher ones are the ones who “broke from the pack” when the main group decided to steal. I believe BetUSA, for example, is one of the “good” ones.
Unfortunately I don’t think you can mitigate the first problem by choosing one of their books over another. It appears all the transactions are centralized through that “EFS” outfit. If payouts seem to come faster from one of their books than another, it’s probably mere chance. In the end, your chances of suffering through a significant delay are the same whichever of the books from this group you play at.
So my advice would be either a) Avoid this group of books entirely, or b) If there are things of value here that you really can’t do without, play only at the higher rated books in this group that have not proven themselves to be crooks, and understand that you’re still somewhat more likely to suffer one or more slow pays during your time there than you would at most books (though it’s far more likely to be a slow pay than a no pay—you should get your money eventually).Comment -
SBR has yet to publish my dispute regarding >$150K which was blatantly stolen by Sportsbook.com.Comment -
When the Sportsbook.com family stole winnings from everyone with correlated parlays, they did NOT refund players who were net losers on it. We have several players who lost money, but sportsbook.com let those correlated parlays stand.Comment -
No one should play there
very high risk bookComment
