BetChance sends a "client contract" to owed players
BetChance (SBR rating F) sends a "client contract" to owed players saying they will provide payment within 20 months and asks the player to agree he/she will not sue the gaming company. Players should ask the sportsbook if it intends to steal account balances if this agreement is not signed under duress. The agreement gives the sportsbook reassurance that the player does not intend to pursue the sportsbook and meaninglessly suggests that by signing it, the player has waived the right to pursue funds. BetChance previously offered 30% (now 25%) or payment in full within 15 months. in 2007 players agreed to payment plans which were not honored. SBR will contact Malta Gaming authorities to ask if the latest BetChance payment promise is the result of influence of the regulating body. Malta and its Lotteries and Gaming Authority have not proven to offer added player security to date. Defunct sportsbook Portlandbet (SBR rating F) is also confiscating a piece of player balances. | see BetChance agreement