How Many Sportsbooks You Think Have Segregrated Accounts For Deposits?? Important??

[jjgold]

I think some of these big time UK Books have to by law as well as financial trading brokers in the UK, now European books I do not know about, Aussie must have strict regulations also. Asia Boos?? No idea

[minet123]

Not counting UK or Oz books
Than ZERO

[Hareeba!]

The Aussie books are required to by law. One hopes the authorities ensure that happens now, unlike the ACT administered SportsAlive scandal.

I'm sure the big name UK books including Betfair do.

Pinnacle and Matchbook say they do.

I think SBO do too.

This really is something any rating entity such as SBR should be including in their assessments. No book should ever be rated A unless they do.

[byronbb]

Obviously most books run ponzi schemes, aka fractional reserve banking, payout winners with new deposits.

[Hareeba!]

Obviously most books run ponzi schemes, aka fractional reserve banking, payout winners with new deposits.

If you're talking CR, you're most probably correct to a fairly large degree.

I certainly wouldn't send funds to any such book.

[Cessation]

You'd think the stock exchange listed ones would be required to and that they would get audited to ensure it.

The smaller books in the uk and aus I wouldn't be trusting the various gaming commissions to oversee shite (see Sports Alive and Canbet).

[Hareeba!]

You'd think the stock exchange listed ones would be required to and that they would get audited to ensure it.

The smaller books in the uk and aus I wouldn't be trusting the various gaming commissions to oversee shite (see Sports Alive and Canbet).

Canbet didn't have a bookie licence in Australia so you can't condemn the Aussie authorities any failure on that one.

SportsAlive was supposedly administered by the ACT gaming commission.

Most Aussie books are administered in the NT. I'm confident that they are a lot more on the ball than their ACT counterparts were.

[jjgold]

I doubt man CR books have segregated accounts except a rare few. I thought Canbet back in the day was licensed in AU?? The ownership changes did canbet in.

[Hareeba!]

I doubt man CR books have segregated accounts except a rare few. I thought Canbet back in the day was licensed in AU?? The ownership changes did canbet in.

Certainly Canbet started life in Australia, in Canberra, hence the name. But after IAS sold it, they moved their licence to the UK.