SYNBET to open betting exchange to U.S. ??

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  • TMoney33
    SBR Sharp
    • 08-29-10
    • 388

    #71
    I just found this pplace, and it looked promising. I'm disappointed that no one here has anything good to report on them yet. I'll be looking forward to more info.
    Comment
    • physed
      SBR MVP
      • 12-29-09
      • 1176

      #72
      There's a reason no one has anything good to say about them.
      Comment
      • tblues2005
        SBR Hall of Famer
        • 07-30-06
        • 9235

        #73
        No report yet from SBR on these guys also. Maybe they are working on it. I would use caution until we know for sure on this one.
        Comment
        • todd73nj
          SBR Wise Guy
          • 08-09-08
          • 824

          #74
          Originally posted by tblues2005
          No report yet from SBR on these guys also. Maybe they are working on it. I would use caution until we know for sure on this one.

          Do books need to be submitted to them for review? Or do they just decide when to review them?

          Because I notice Betmaker is not even reviewed by SBR - they have been around a while and are part of the Bookmaker umbrella.

          If we need to tell SBR about this one.. how do we go about that?
          Comment
          • Ace_of_Spades
            SBR Posting Legend
            • 10-14-09
            • 13518

            #75
            It's going to take time for this exchange to build.
            Comment
            • Fishhead
              SBR Aristocracy
              • 08-11-05
              • 40179

              #76
              Any liquidity yet in the exchange?
              Comment
              • Ace_of_Spades
                SBR Posting Legend
                • 10-14-09
                • 13518

                #77
                Originally posted by Fishhead
                Any liquidity yet in the exchange?
                Nope.
                Comment
                • todd73nj
                  SBR Wise Guy
                  • 08-09-08
                  • 824

                  #78
                  I havent seen a single bid/ask placed - am I missing something?
                  Comment
                  • patswin
                    SBR MVP
                    • 09-05-06
                    • 1794

                    #79
                    i would like to know who these guys are too
                    Comment
                    • Fishhead
                      SBR Aristocracy
                      • 08-11-05
                      • 40179

                      #80
                      Originally posted by todd73nj
                      I havent seen a single bid/ask placed - am I missing something?
                      Comment
                      • todd73nj
                        SBR Wise Guy
                        • 08-09-08
                        • 824

                        #81
                        Originally posted by Fishhead
                        I know popcorn isnt all that fattening .. but with all the waiting you have been doing.. thats alot of popcorn - has to pose some health risk!!

                        Still nothing!
                        Comment
                        • Fishhead
                          SBR Aristocracy
                          • 08-11-05
                          • 40179

                          #82
                          Originally posted by todd73nj
                          I know popcorn isnt all that fattening .. but with all the waiting you have been doing.. thats alot of popcorn - has to pose some health risk!!

                          Still nothing!

                          Before the 8th of next month......................get funded if you dare.



                          Comment
                          • todd73nj
                            SBR Wise Guy
                            • 08-09-08
                            • 824

                            #83
                            Originally posted by Fishhead


                            Before the 8th of next month......................get funded if you dare.



                            Where do you see this info?
                            Comment
                            • todd73nj
                              SBR Wise Guy
                              • 08-09-08
                              • 824

                              #84
                              What are we less than 24 hours from football...

                              and nothing yet?

                              Youd think the kickoff would be a priority as people will find somewhere else to play!

                              Very disappointing.
                              Comment
                              • todd73nj
                                SBR Wise Guy
                                • 08-09-08
                                • 824

                                #85
                                So what ever happened to this?

                                Another hype job?

                                Disappointing that no one can actually do this right.
                                Comment
                                • ProfaneReality
                                  SBR Hall of Famer
                                  • 04-14-09
                                  • 7607

                                  #86
                                  Scam shop, they went under and told clients it was the processors fault
                                  Comment
                                  • vividjohn45
                                    SBR Hall of Famer
                                    • 11-21-10
                                    • 6331

                                    #87
                                    Originally posted by whatagoal1
                                    You have to be careful with spreadbetting the rake is very high

                                    take a soccer match the spread may be as follows

                                    Total goals in match 2.85/3.15
                                    so if the expected happens and their is 3 goals you will lose 15 dollars on every 100 you bet , the juice is outrageous.

                                    Or another example us football total points 47/50, if you go high and the result is 51, its obvious the no juice price is the middle of the 2 prices(48.5) instead of them paying you 3.5 times your stake you end up with only 1 point profit so the juice is over 70% .
                                    Be very careful if trying spreadbetting for the first time

                                    yah. stupid form of gambling. when things go wrong they go wrong bad.
                                    Comment
                                    • Ace_of_Spades
                                      SBR Posting Legend
                                      • 10-14-09
                                      • 13518

                                      #88
                                      It appears this site has attracted bad news from players.
                                      Comment
                                      • offshoregenius77
                                        SBR High Roller
                                        • 05-26-08
                                        • 154

                                        #89
                                        A slightly lesser scam than Parlaymakers. At least Synbet didnt set up a scam digital currency an steal from both the currency and the "sportsbook". I could tell Synbet was a scam when I talked to 'customer service', but Max / *******/ Parlaymakers got me for three figures . ***holes!!
                                        Comment
                                        • todd73nj
                                          SBR Wise Guy
                                          • 08-09-08
                                          • 824

                                          #90
                                          Originally posted by ProfaneReality
                                          Scam shop, they went under and told clients it was the processors fault
                                          Originally posted by Ace_of_Spades
                                          It appears this site has attracted bad news from players.
                                          Wonderful news. Cant say it wasnt expected though.

                                          Seems like a lot of sites are hiding behind processor issues now.

                                          Glad I didnt put any money into this site
                                          Comment
                                          • gridiron guru
                                            SBR Sharp
                                            • 02-21-07
                                            • 255

                                            #91
                                            i wanna know about the deposit options. you can say you're opening up to the US market but make it hard to get money to the site, whats the point
                                            Comment
                                            • gridiron guru
                                              SBR Sharp
                                              • 02-21-07
                                              • 255

                                              #92
                                              just read sbr ratings and its F....stay clear
                                              Comment
                                              • todd73nj
                                                SBR Wise Guy
                                                • 08-09-08
                                                • 824

                                                #93
                                                Originally posted by gridiron guru
                                                just read sbr ratings and its F....stay clear

                                                Dont even know why you bothered to check lol.

                                                Thats what the above messages just said.
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388179

                                                  #94
                                                  all exchanges fail except betfair
                                                  betdaq is safe but low volume
                                                  matchbook basically nothing there
                                                  Comment
                                                  • offshoregenius77
                                                    SBR High Roller
                                                    • 05-26-08
                                                    • 154

                                                    #95
                                                    Originally posted by jjgold
                                                    all exchanges fail except betfair
                                                    betdaq is safe but low volume
                                                    matchbook basically nothing there
                                                    I dont agree that betfair will be the only successful xchange. Matchbook and Betmaker just didnt know how to execute
                                                    Comment
                                                    • raydog
                                                      SBR Hall of Famer
                                                      • 11-07-07
                                                      • 6984

                                                      #96
                                                      Originally posted by offshoregenius77
                                                      I dont agree that betfair will be the only successful xchange. Matchbook and Betmaker just didnt know how to execute
                                                      there is no reason to use either of them if Betfair is available to you... the U.S market is the only reason matchy was prospering..
                                                      Comment
                                                      • todd73nj
                                                        SBR Wise Guy
                                                        • 08-09-08
                                                        • 824

                                                        #97
                                                        Originally posted by jjgold
                                                        all exchanges fail except betfair
                                                        betdaq is safe but low volume
                                                        matchbook basically nothing there
                                                        Originally posted by offshoregenius77

                                                        I dont agree that betfair will be the only successful xchange. Matchbook and Betmaker just didnt know how to execute
                                                        JJ is 1000% percent right.

                                                        Matchbook was trash before Tradesports closed. No volume to speak of. When TS closed - they got volume by default. Awful management team did nothing with it. Sell it to another bunch of morons who still leave events open with not a cent of volume.

                                                        Betmaker has had even a better opportunity. Cant say they have done enough with it. I must admit, at least they got rid of the stupid commission structure, and now have more live wagering than Matchbook ever had - but thats still not enough given the chance they have as the only game in town for US players.
                                                        Comment
                                                        • offshoregenius77
                                                          SBR High Roller
                                                          • 05-26-08
                                                          • 154

                                                          #98
                                                          Originally posted by todd73nj
                                                          JJ is 1000% percent right.

                                                          Matchbook was trash before Tradesports closed. No volume to speak of. When TS closed - they got volume by default. Awful management team did nothing with it. Sell it to another bunch of morons who still leave events open with not a cent of volume.

                                                          Betmaker has had even a better opportunity. Cant say they have done enough with it. I must admit, at least they got rid of the stupid commission structure, and now have more live wagering than Matchbook ever had - but thats still not enough given the chance they have as the only game in town for US players.
                                                          Tradesports was a successful us facing exchange, but they didnt want to deal with deposits other than ************.
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #99
                                                            Originally posted by todd73nj
                                                            JJ is 1000% percent right.

                                                            Matchbook was trash before Tradesports closed. No volume to speak of. When TS closed - they got volume by default. Awful management team did nothing with it. Sell it to another bunch of morons who still leave events open with not a cent of volume.

                                                            Betmaker has had even a better opportunity. Cant say they have done enough with it. I must admit, at least they got rid of the stupid commission structure, and now have more live wagering than Matchbook ever had - but thats still not enough given the chance they have as the only game in town for US players.

                                                            Comment
                                                            • todd73nj
                                                              SBR Wise Guy
                                                              • 08-09-08
                                                              • 824

                                                              #100
                                                              Originally posted by jjgold



                                                              Betmaker did 73k in live betting on he Sunday night game.. Thats over a years worth of volume in game for the current MB.

                                                              Could you imagine the market out there for this if someone would just listen to what the players want.
                                                              Comment
                                                              • jjgold
                                                                SBR Aristocracy
                                                                • 07-20-05
                                                                • 388179

                                                                #101
                                                                matchbook is a disaster, no clue how they are not bankrupt
                                                                Comment
                                                                • todd73nj
                                                                  SBR Wise Guy
                                                                  • 08-09-08
                                                                  • 824

                                                                  #102
                                                                  Originally posted by jjgold
                                                                  matchbook is a disaster, no clue how they are not bankrupt

                                                                  JJ - Honestly, I think they were - hence the reason they sold - and there was no money on hand to pay current client accounts - causing that slow pay. We dont know the standing that they had causing the sale.
                                                                  Comment
                                                                  • backdoorcover777
                                                                    SBR Rookie
                                                                    • 11-27-11
                                                                    • 14

                                                                    #103
                                                                    I don’t think they were bankrupt at all. They seem to be making a small go of it.
                                                                    Comment
                                                                    • appleman
                                                                      Restricted User
                                                                      • 11-06-11
                                                                      • 98

                                                                      #104
                                                                      why would you deposit there they said they can not pay people come on now get real
                                                                      Comment
                                                                      • todd73nj
                                                                        SBR Wise Guy
                                                                        • 08-09-08
                                                                        • 824

                                                                        #105
                                                                        Originally posted by backdoorcover777
                                                                        I don’t think they were bankrupt at all. They seem to be making a small go of it.
                                                                        Then what was it??

                                                                        All these players who claim to be making and wagering thousands - figure out how much that would have earned them in commissions. A huge amount of money.

                                                                        So for one - why did they sell? And why did it take them so long to pay US players? They had no money. YOu cant claim processor errors before you even try to pay anyone.
                                                                        Comment
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