Canbet Sportsbook payout issues update - Canbet Director comments..

**mate** · 02-12-14, 04:37 PM

Hi!

I`m owed €3381,56 since the end of october. I`m impressed of the good work from everybody.

**jlin** · 02-12-14, 04:42 PM

Hello, I'm owed £939.90 - requested 6 October

**Ascot_Ed** · 02-12-14, 05:00 PM

Owed £2657.00 from 23 October

**sukre111** · 02-12-14, 05:04 PM

Hi, good work and many thanks for all of you that are actively included in finding the solution for this afere. If rest of us can do anything to help you please let us to know.

On account is 1609.23 EUR. I did ask withdrawal of 1100 EUR on cca 20.11.2013, but at moment would like to have all of 1609,23 EUR on MB (just I will not make any changes on account till this be over).

**Claret1985** · 02-12-14, 05:15 PM

Really appreciate what you guys are doing.

I am owed £3688.50 since the middle of October.

If you need any personal details please PM me with an email address and I will provide what you need.

**juxtapose** · 02-12-14, 05:27 PM

Signed up especially for this. Owed £2836.65 since November 13

**mojobullfrog** · 02-12-14, 06:10 PM

My concern is that the Australian directors will flee the country, to avoid the potential consequences of their "alleged" behaviour. I know Graeme White was a frequent visitor to the Phillipines and has a background in casino operations in the Caribbean. To my knowledge no criminal proceedings have begun against them, so what would be stopping them from taking an extended holiday overseas with all your "alleged" cashola?

**AlexABC** · 02-12-14, 06:58 PM

I'm a journalist from the ABC in Sydney.
We've been following this thread and would like to talk to people who are owed money.
Ideally, it'd be great to hear from people in the UK and Australia.
If you have some time to share your experience, please get in touch:
mcdonald.alex@abc.net.au

**FENDER1** · 02-12-14, 06:59 PM

Who would want to be on the run for the rest of their life, I would much rather pay what I owed, or do the time.

**shari91** · 02-12-14, 07:07 PM

Originally posted by AlexABC

I'm a journalist from the ABC in Sydney.
We've been following this thread and would like to talk to people who are owed money.
Ideally, it'd be great to hear from people in the UK and Australia.
If you have some time to share your experience, please get in touch:
mcdonald.alex@abc.net.au

Hey guys - I talked to Alex yesterday so he's fully aware of the story including the Ponzi scheme, the lies about "technical glitches" and that Peter and Graeme owe much much more than the 300k stated by the Herald Sun. Just look at this thread alone. I really urge those of you from Aus and the UK to contact him to get the truth out there. I'll be back in a bit with an updated total.

**muffins** · 02-12-14, 07:43 PM

Story is growing : http://www.heraldsun.com.au/news/law...-1226825190296

**cabbo** · 02-12-14, 07:52 PM

Is amazing to see the list double or triple into the hundreds since yesterday when I registered with SBR. A huge amount of respect goes out for Shari for her efforts as well as everyone else involved. If this goes to court, I'm willing to pay some of my 729 pounds if I get back, but I know so many here are owed in the thousands and I'm sorry to hear that. The whole episode by Canbet is an utter disgrace and hopefully they will be made to pay for all of this. Surely the amount of attention this thread is getting now can't be ignored. Hurrah for social media power!

**shari91** · 02-12-14, 07:59 PM

As of post #644, total amount owed in this thread is 344,127 GBP or $639,000 AUD

**chrisc156** · 02-12-14, 08:06 PM

Please add me to the list. Owed £1393.50 since 10th November.

**mojobullfrog** · 02-12-14, 08:58 PM

Originally posted by simply

Regarding this, all of sites from this list of serviced sites was on IGAS site also, and there are also was one more site , and you all guys can easy guess who missing.

It's interesting how the new company set up by Peter Lord and Graeme White - Results International (which is a direct template of iGas), was making reference to the TopBetta website last week before the page was pulled down, suggesting they were still providing them with data feeds. So here are some tweets from TopBetta last November, when I was enquiring about their association with iGas/Canbet.

I can only hope that TopBetta are now sourcing their data from a company other than Results International, since their public stance on companies that allegedly don't pay customers is rather blunt.

Attached Files

**mojobullfrog** · 02-12-14, 09:23 PM

For some reason the image of the attached tweets wasn't showing up.

Attached Files

**dirtdog52658** · 02-12-14, 09:30 PM

New statement from the gambling commission.

You're not allowed to see the requested page - Gambling Commission

http://www.gamblingcommission.gov.uk/gh-contact_us/complaints/canbet_response.aspx

How are you responding to complaints about Canbet?

12 February 2014

Since we became aware of Canbet’s problems in November last year, we have kept in close touch with the company whilst they try to resolve matters. During that period the Gambling Commission has received some assurances about Canbet’s financial circumstances, most recently in a report from the company’s Group Auditor, dated 24 January 2014. Nevertheless, the backlog of customer payments has grown and deadlines for resolving the problems have passed.
This is a matter of great concern to us and there are difficult choices to be made. We are mindful of the need to balance the risks to the licensing objectives in the Gambling Act 2005 against the possible impact that any action the Commission takes against Canbet may have on its customers. Whilst we can stop a firm from trading if there is a risk to the licensing objectives, in cases such as this, suspension or revocation of an operating licence is highly likely to result in the company closing and customers having no chance of being repaid.

**dirtdog52658** · 02-12-14, 09:37 PM

We need someone relaying information on to the rpoints thread. Need to be a U.K. resident to sign up so I can't do it.

http://www.rpoints.com/forum/f21/canbet-new-existing-ongoing-offers-38845-83.html

Thanks in advance.

**cabbo** · 02-12-14, 10:24 PM

I received this email from the GTC today after complaining for a few weeks and then complaining and being ignored. This may be of some interest.

Dear Mr C******

Thank you for your email regarding a dispute with Canbet Sports Bookmakers UK Limited .

Since we became aware of Canbet’s problems in November last year, we have kept in close touch with the company whilst they try to resolve matters. During that period the Gambling Commission has received some assurances about Canbet’s financial circumstances, most recently in a report from the company’s Group Auditor, dated 24 January 2014. Nevertheless, the backlog of customer payments has grown and deadlines for resolving the problems have passed.

This is a matter of great concern to us and there are difficult choices to be made. We are mindful of the need to balance the risks to the licensing objectives in the Gambling Act 2005 against the possible impact that any action the Commission takes against Canbet may have on its customers. Whilst we can stop a firm from trading if there is a risk to the licensing objectives, in cases such as this, suspension or revocation of an operating licence is highly likely to result in the company closing and customers having no chance of being repaid.

We understand that the company has now written to customers to update on the current position and we will continue to provide updates on our website as appropriate.

Kind Regards,
Sonya Khan
GAMBLING COMMISSION
Victoria Square House
Victoria Square
Birmingham
B2 4BP
Tel: 0121 230 6666
Fax: 0121 230 6720

**pareto12** · 02-12-14, 11:15 PM

Canbet say " We acknowledge that we had made previous statements that were made on the belief that these funds would be forthcoming and apologise for the inconveniences that this has caused. Such statements were made in good faith."

How can statements made in good faith also be dishonest? The previous statement, still showing on the Canbet website, informs us that a technical solution to a software problem is required. The latest update from the directors mentions nothing about a technical problem, but rather a financial problem. It seems as though Delta Corp have been ploughing money into Canbet over the last few years, but decided to withdraw support to a sinking ship.

Rather than a scam, I see the bonus offers last year as a poor attempt to generate more cash to keep the ship afloat. Was the company so incompetent that they did not spend enough money to ensure a better designed and implemented bonus system? Instead of remedying the financial situation, the bonus system made it much worse. This together with the poor quality of communication from Canbet (grammatical errors etc) suggests that those in charge are at best incompetent and not fit to run a company. Any financial irregularities should result in a prosecution for fraud.

**shari91** · 02-13-14, 01:06 AM

Originally posted by pareto12

Canbet say " We acknowledge that we had made previous statements that were made on the belief that these funds would be forthcoming and apologise for the inconveniences that this has caused. Such statements were made in good faith."

How can statements made in good faith also be dishonest? The previous statement, still showing on the Canbet website, informs us that a technical solution to a software problem is required. The latest update from the directors mentions nothing about a technical problem, but rather a financial problem. It seems as though Delta Corp have been ploughing money into Canbet over the last few years, but decided to withdraw support to a sinking ship.

Rather than a scam, I see the bonus offers last year as a poor attempt to generate more cash to keep the ship afloat. Was the company so incompetent that they did not spend enough money to ensure a better designed and implemented bonus system? Instead of remedying the financial situation, the bonus system made it much worse. This together with the poor quality of communication from Canbet (grammatical errors etc) suggests that those in charge are at best incompetent and not fit to run a company. Any financial irregularities should result in a prosecution for fraud.

When I went to their offices I was told Delta had given these guys millions and it finally got to the point where they were baffled as to where their money went so they jumped ship. That seems to have been corroborated by what we've seen now but the question is when did Delta pull the plug? The "technical glitches" excuse started in July, if not sooner as I haven't searched every forum yet. And it's documented over at rpoints that most of the people who were waiting for payouts for weeks would be paid a day or two after another crazy bonus offer was sent out. They were even making jokes about it because it was so obvious as to what was going on. Based on the continual lies fed to everyone by these guys, I suspect Delta pulled out months ago.

**vlindqvi75** · 02-13-14, 01:30 AM

Please add me to the list. 1143,94 EUR since 20th Oct.

**hlorenz81** · 02-13-14, 02:01 AM

Please add me.
Waiting for 2245,80 EUR since 20 of November 2013.
Italian user. Name: M. Grimolizzi.

Informed SBR and spoke to GC on 30th november. Got emails to prouve all regarding bonus received on 19 september.

Email from 30-9-2013 (after that i did turnover more than 2k and did my withdraw as said on 20-11-2013)

Hi Matteo,

Thank you for your withdrawal at Canbet.

Please be advised that your recent withdrawal request was declined.

Please note you have a bonus balance 550, you need to meet remaining turnover requirement which is 147.50 before withdrawal.

Should you have any further question or need assistance, please feel free to contact us again.

Kind Regards,

Jacky

Thanks

Matteo

**dwc777** · 02-13-14, 02:06 AM

Please add me to the list. £1160.60 since November.
I was not aware of this thread until yesterday. I spoke to the GC last week and they told me Canbet were still solvent at that time, but obviously the situation is even worse than I imagined.
Thanks for every bodies efforts on this thread.

**samika** · 02-13-14, 03:29 AM

Thanks for all your help especially to shari.
I'm from hungary and owed €2120 since early november.
Please add me to the list.

**shari91** · 02-13-14, 03:42 AM

PEOPLE OWED IN THIS THREAD

I'll update once a day and tomorrow I'll grab names from the other forums but please help to spread the word. "Unsure" next to your name or if the amount is bolded means I know you're owed but you havent said exactly how much so please let us know.

1. Yuretz: 4850 EUR

2. LN95994: 1400 EUR

3. diter: 195 EUR

4. atasway: over $5000

5. saltare33: 2900 EUR

6. stolarzz: 1000 GBP

7. Lodo: 730.81 ?

8. intergagne: 1425-1500 EUR

9. bancoricardo: 4,330 EUR
10. brockerly11: 2,711 GBP

11. the unheardof: 1,294 GBP

12. Sensible1: 1838.97 GBP

13. endtoend: 970.75 GBP

14. BIGB21: unsure

15. kholoshian: 532.04 GBP

16. Zdenaaa: $450 USD

17. tristan727: 6000 GBP

18. fidelio: similar to ^^^

19. dirtdog52658: $1924 CAD

20. Tommyarmouriii: 4,878 GBP

21: Maziolena: 10,686 EUR

22. MiloRambaldi: $3,004 CAD

23. MichelleV: $9560.25

24. charbish: unsure

removed

26. Julian495: unsure

27: mhodge24: 127 GBP

28. mart sinc: 2.5k

29: beachlover5: 2,600 GBP

30. FENDER1: unsure

31. Fred87: 650 EUR

32. smiffywhu: 4.3k

33. wpet99: 4,783 GBP

34. Krashman: $1545.30 USD

35. Joker10: 3100 EUR

36. Patryk: 4,897 EUR

37. hlorenz81: 2,245.80 EUR

38. delneri: $4,689 USD

39. Rikki: unsure

40. benashey79: 1026 GBP

41. vladimir0v: unsure

42. Aitch: 3k

43. TG104: unsure

44. rogerh: 291 GBP

45. fraud-canbet: 4,000 GBP

46. GuybrushT: 12,000 EUR

47. RyDLloyd: 3,254.77 GBP

48. CunningStutns: 5,060 GBP

49. simply: 10,400 EUR

50. tomallen123: 570 GBP

51. panki: 5,000 GBP

52. oxo: 725.99 GBP

53. janetf8: 5,033.40 GBP

54. AS19: 6,500 GBP

55. lockstock777: 1,651 GBP

56. qinling: 443.42 EUR

57. VIRTUAL DAVE: 4,500 GBP

58. Pleased to Michu: Unsure

59. pitrs: 2,730 GBP

60. WesternWolf: 6,300 GBP

61. Namechanger: 1,385 GBP

62. aroberts77: 1,327.50 GBP

63. Peniosz: 6,100 GBP

64. Jor-El: 600 GBP

65. TARUN: 3,692 EUR

66. karli87: 2,200 EUR

67. smallplayer: 3,508 GBP

68. King_Suckerman: 2,460 GBP

69. SpiderBoy: $1380.93

70. rolandd86: $2,757.49 USD

71. Removed

72. barcir: 405.38 EUR

73. paybk99: $5,000

74. superhands27: 3,400 GBP

75. hatke: 1,810 EUR

76. nelon: 4,900 EUR

77. etelna: 4,638 EUR

78. jenjoh: 465.09 EUR

79. icestorm: 285 GBP

80. pareto12: 2211.15 GBP

81. marinemonk: 1,140 GBP

82. Halifax: $4,960

83. kensei12: unsure

84: lolly22: 1424 GBP

85. amali83: 477.96 EUR

86. ghipuca: $280.16 USD

87. Vilmer: 558 GBP

88. whuscott: 322.50 GBP

89. NaidenMB: 2,212.39 EUR

90. NaidenMB's friend Roya: 1,346.52 EUR

91. callirye: 1,137 GBP

92. coronalime: 400 GBP

93. stoffnilsson: 499.46 GBP

94. samuelson: 10,000 GBP

95. DenverLewis: 1,500 GBP

96. bigmiky: 700 GBP

97. Roaldos: 960 EUR

98. avee: 1,800 GBP

99. wailoktam: $7,368.67 USD

100. lolo72: 1,228.85 EUR

101. Greekvik: $558 USD

102. cabbo: 729 GBP

103. sampou: 3,676.90 EUR

104: edsisto: 797.18 GBP

105. leeboo: 540 GBP

106. duncanbruce93: 1,867.75 GBP

107. marsima: $750 USD

108: Hendrik: 1,436.26 EUR

109. poncco: 500 EUR

110. Tomislav K: 5,455.10 EUR

111. Kackey: 2,007.36 GBP

112. BETTIX: 560

113. CM1979: 1,607.60 EUR

114. matcyklop: 3,907.83 EUR

115. skunkbentley: 877.44 GBP

116. Philbrix: 1,773 GBP

117. linkatine: 1,298 GBP

118. Arinosa: $2020.19 AUD

119. juhka: 3,377.69 EUR

120. LEONIDAS79: 1,505 EUR

121. grimoopnorth: 3,269 GBP

122. prema09: 748 EUR

123. MLZ3211: 2523 GBP

124. snoooze: 221.33 GBP

125. mewerik07: 1,545 EUR

126. mramor: 1,060 EUR

127. JayZ: 132.61 GBP

128. mistaya: 1,096.50 GBP

129. egypt1312: 8,100 EUR

130. Shiva: 3,738.49 GBP

131. StickyIcky: 2,500 GBP

132. victoria: 3,000 EUR

133. andrei: 2,694 EUR

134. dnl: 900 EUR

135. TomB121: 1,600 GBP

136. bojidardimov: 2,655 EUR

137. Kulfono: $3,502.08

138. G - 5,000 EUR

139. ggplayer333: 2,800 GBP

140. James: 2,302 GBP

141. alexcarroll: 3,820 GBP

142. nicwelsh: 3,160.56 GBP

143. RoepStoep: 2,700 EUR

144. adam7dalby: 716 GBP

145. chriswood: 780 GBP

146. eeewqaewa: 2,872.70 EUR

147. lelicek: 344 EUR

148. atasway: $5,896.03 AUD

149. diondublin: 559.35 GBP

150. Kaiaiaia: 1,266.88 EUR

151. Lodo: 730.81 EUR

152. Ogurr: 462.23 EUR

153. janbanan: $1,424

154. ahibbo12: 760 GBP

155. kmy1: 3,538.98 GBP

156. countdacash: 4,934 GBP

157. Latexi77: 5,425 EUR

158. mate: 3,381.56 EUR

159. jlin: 939.90 GBP

160. Ascot_Ed: 2,657 GBP

161. sukre111: 1,609.23 EUR

162. Claret1985: 3,688.50 GBP

163. juxtapose: 2,836.65 GBP

164. chrisc156: 1393.50 GBP

165. vlindqvi75: 1,143.94 EUR

166. dwc777: 1,160.60 GBP

167. samika: 2,120 EUR

168. eddie701: 2,700 EUR

169. Jusben: 1,812.75 GBP

170. apower: 1,300 GBP

171. VOLIAS1979: 434 EUR

172. intergagne: 1,525 EUR

173. AceRothsteinCL: 807 GBP

174. Mauro77: 1,616 EUR

175. scoundrels: 4,895 GBP

176. gianted: 1,527 EUR

177. szipszil: 1,123 EUR

178. zochris: 1,600 EUR

179. zochris' friend: 2,900 EUR

180. jone: 6,472.18 EUR

181. Sliphod: 1,172.25 GBP

182. mermers: 2,185 GBP

183. Rikki: 560.06 GBP

184. fcbarca42: 9,724.84 EUR

185. vaidqs: 786.79 EUR

**eddie701** · 02-13-14, 04:34 AM

Add me, eddie701 €2,700 + £280 Legal fees from a CCJ.

**mhodge24** · 02-13-14, 04:43 AM

see GC updates continue to be as useless as ever - useless civil servant mugs!!

**mhodge24** · 02-13-14, 05:00 AM

Originally posted by AlexABC

I'm a journalist from the ABC in Sydney.
We've been following this thread and would like to talk to people who are owed money.
Ideally, it'd be great to hear from people in the UK and Australia.
If you have some time to share your experience, please get in touch:
mcdonald.alex@abc.net.au

can you also run a story on how terrible the GC are and the fact that they add ZERO protection to customers, you might aswell licence yourselves in a south pacific island as you would have the same levels of protection. Cheers.

**RyDLloyd** · 02-13-14, 05:11 AM

I've contacted Alex at ABC shared my story with him and several pieces of correspondence received from Canbet over the past few months.

**pareto12** · 02-13-14, 05:24 AM

I wonder how much the directors were getting paid for running the company so badly? Their annual financial statements never looked good, maybe they were milking the company dry with abnormally high remunerations.

**mhodge24** · 02-13-14, 05:30 AM

Originally posted by pareto12

I wonder how much the directors were getting paid for running the company so badly? Their annual financial statements never looked good, maybe they were milking the company dry with abnormally high remunerations.

this is how all badly run companies work, cream massive salaries off with no regard for the underlying customer, staff or long term viability of the company. it is quite clear they ran this as a ponzi knowing they could continue to cream large salaries whilst adding funds through bonuses knowing that punters are going to sign up to these and give them money. the ponzi will always break at some point and lets hope they now pay with long prison sentences and get their arses raided inside!! good luck running boys!!!

**Jusben** · 02-13-14, 05:32 AM

Please may I be added to the list. I'm owed 1812.75 GBP since October. Thanks to everyone for their hard work.

**apower** · 02-13-14, 05:36 AM

Hi, great work all. Please add me to the list - I am owed £1300 since October. Thanks

**the unheardof** · 02-13-14, 06:45 AM

Originally posted by AlexABC

I'm a journalist from the ABC in Sydney.
We've been following this thread and would like to talk to people who are owed money.
Ideally, it'd be great to hear from people in the UK and Australia.
If you have some time to share your experience, please get in touch:
mcdonald.alex@abc.net.au

AlexABC, I will be contacting you shortly. (As long as you keep my identity anonymous. My mum will kill me if she finds out that I have thrown money into a ponzi scheme.) No just kidding but joking aside I will tell you my story and I also intend to contact the UK media. I'm not quite sure yet who though I note that somebody posted earlier in the thread about contacting the Daily Mail which might be a decent shout. The reason being I think that the Gambling Commission's role should now come under serious scrutiny going forward as they are a UK Government body who are funded by the UK taxpayer. IMHO this is tax dollars wasted as they have let the players at Canbet down badly as they should have intervened months ago. Their lack of information to the players has made my blood boil and I reminded them when I was letting rip at them in my FOI request email that it is us the players who are owed money and not them. Unacceptable! Right now i'm not sure who i'm more angry with the GC or Lord & White.