BetRevolution statement on syndicate betting case, players will not be paid
BetRevolution statement on syndicate betting case, players will not be paid
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BetRevolution Sportsbook (SBR rating D-) released a public statement an hour ago justifying their decision to confiscate $26,908 from two players accused of syndicate betting. The players, friends who maintained balances of $22,908 and $4,000, wagered $500 or less on all plays.
SBR first reported of the BetRevolution scam on April 3rd.
Player one deposited $5,209 in six transactions for $3,870 in cash bonuses, placed 874 wagers, and had been paid $8,220.
Player two deposited $900 for a $450 bonus, placed 76 wagers, and has never been paid.
BetRevolution conducted an investigation into the wagering history of each player which included locating their profiles on Facebook. The sportsbook uncovered that the two were friends and used that information to justify their theft.
In the five days since the case has been public a majority of betting forum posters, including those at EOG Forum, where BetRevolution previously advertised (banner removed as of this publication), expressed outrage over the $26,908 confiscation.
BetRevolution routinely hung odds that were slow to update and made itself a target for players who understood the value of beating the average market price. BetRevolution's definition of "syndicate betting" appears to be nothing more than friends sharing picks. The sportsbook would also confiscate winnings using their logic from professional handicapper subscribers, reminiscent of the infamous BetRoyal case for the same.
Put simply, BetRevolution booked the bets and must pay.
As it stands the two players were freerolled as they had every opportunity to lose their combined $26,908 balance, but no chance of getting paid.
Player feedback has fallen on deaf ears as BetRevolution released another novel of an explanation into why it is stealing the players' funds.
Sportsbook Review.com has downgraded BetRevolution to D-. BetRevolution is now on the scam sportsbook blacklist. | Read BetRevolution statement
<iframe src="http://www.sbrforum.com/video/embed/?videoId=13697" allowfullscreen="" frameborder="0" height="330" width="560"></iframe>
BetRevolution Sportsbook (SBR rating D-) released a public statement an hour ago justifying their decision to confiscate $26,908 from two players accused of syndicate betting. The players, friends who maintained balances of $22,908 and $4,000, wagered $500 or less on all plays.
SBR first reported of the BetRevolution scam on April 3rd.
Player one deposited $5,209 in six transactions for $3,870 in cash bonuses, placed 874 wagers, and had been paid $8,220.
Player two deposited $900 for a $450 bonus, placed 76 wagers, and has never been paid.
BetRevolution conducted an investigation into the wagering history of each player which included locating their profiles on Facebook. The sportsbook uncovered that the two were friends and used that information to justify their theft.
In the five days since the case has been public a majority of betting forum posters, including those at EOG Forum, where BetRevolution previously advertised (banner removed as of this publication), expressed outrage over the $26,908 confiscation.
BetRevolution routinely hung odds that were slow to update and made itself a target for players who understood the value of beating the average market price. BetRevolution's definition of "syndicate betting" appears to be nothing more than friends sharing picks. The sportsbook would also confiscate winnings using their logic from professional handicapper subscribers, reminiscent of the infamous BetRoyal case for the same.
Put simply, BetRevolution booked the bets and must pay.
As it stands the two players were freerolled as they had every opportunity to lose their combined $26,908 balance, but no chance of getting paid.
Player feedback has fallen on deaf ears as BetRevolution released another novel of an explanation into why it is stealing the players' funds.
Sportsbook Review.com has downgraded BetRevolution to D-. BetRevolution is now on the scam sportsbook blacklist. | Read BetRevolution statement
