SBR Bill Dozer reports: BetCasinoSports (SBR rating F-) players begin testing what appears to be a bailout offer from PlayWePay (not rated). SBR will continue to monitor the progress of these arrangements.
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I had an account with BetCasinoSports.com about 4 or so years ago. I won over $5k and requested a payout. I was given the run around for about a week. I should of known something was up when the same 2 people answer the phone every time taking wagers. Its a very small operation. Then I asked for a manager and the guy that got on (who was actually very nice) told me that baseball had killed them (this was 2 months into baseball) and that they were expecting a large sum of money from an investor to bankroll football and that I should wait a week. He also told me there was quite a few people on payment arrangements. Needless to say after 6 more weeks and no money and tons of calls and emails I gave up. I accessed my account bet the whole lot on a game (which lost) and never went to the site again. This might sound like a strange thing to do but as I felt I would not get paid I think in the back of my mind I wanted to see a zero balence. As the owner of an online book I can tell you that this is the worst run site there is. I just wish I knoew about SBR and as much about the industry as I do now. At the time they were offerring 100% cash bonus. Not a match play or free play but cash. My site offers 30% and that puts us on a razor thin margin so there is no way to pay 100%.
STAY AWAY FROM THEM.Comment
