Sportsbook.com backtracks on plans to repay balance confiscations

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  • SBR Lou
    BARRELED IN @ SBR!
    • 08-02-07
    • 37863

    #1
    Sportsbook.com backtracks on plans to repay balance confiscations
    Sportsbook.com (SBR rating D-) backtracks on plans to repay balance confiscation victims

    SBR provided Sportsbook.com with account information for players, who were cheated over the past two years, in hopes that new management would follow through with plans to pay users back for stolen funds. Although some managers at Sportsbook.com want to see this debt cleared, Sportsbook.com tells SBR that board discussions have stalled and there are currently no plans to pay owed customers. SBR estimates Sportsbook.com and sportsbooks that the group service stole over $500,000.
  • HedgeHog
    SBR Posting Legend
    • 09-11-07
    • 10128

    #2
    SB never had any intention to pay back these funds. However, I'm glad that SBR keeps pressing them-- and this forum serves as a warning to potential SB.com clients.

    Thanks for trying guys
    Comment
    • Peep
      SBR MVP
      • 06-23-08
      • 2295

      #3
      Agree it is good SBR keep this issue front and center.

      Where in the Fck are all the rest of the watchpuppies? As Reagan says... "you can buy a lot of silence for $500K".
      Comment
      • Bill Dozer
        www.twitter.com/BillDozer
        • 07-12-05
        • 10894

        #4
        Hedge,

        Some of the smaller 4-figure confiscations were set to be paid early on. This was disappointing but not surprising.

        Sportsbook.com can make more money from clearing the debt sheet and get the best return on their marketing. If and when ownership realizes that, our door will be open.
        Comment
        • ryanspeer2001
          SBR MVP
          • 03-30-08
          • 3149

          #5
          This situation is just so horrible I'm sick of hearing about sportsbook.com

          They were my first online book and so good for a while back in 03-05 but to see what they have become....can someone just take them outback with a .22 and end it?
          Comment
          • The HG
            SBR MVP
            • 11-01-06
            • 3566

            #6
            500 grand is all they owe in total? I'm surprised they don't just pay it, considering the size of their operations they would make it back tenfold with a new rep and with the good publicity.
            Comment
            • punchmaster
              SBR Sharp
              • 09-29-05
              • 322

              #7
              Originally posted by CrazyLou
              Sportsbook.com (SBR rating D-) backtracks on plans to repay balance confiscation victims

              SBR provided Sportsbook.com with account information for players, who were cheated over the past two years, in hopes that new management would follow through with plans to pay users back for stolen funds. Although some managers at Sportsbook.com want to see this debt cleared, Sportsbook.com tells SBR that board discussions have stalled and there are currently no plans to pay owed customers. SBR estimates Sportsbook.com and sportsbooks that the group service stole over $500,000.
              What was the jist or bottom line of this deal. It was the correlated parlays- right? Do I understand correctly that in the fine print, these types of wagers were not allowed, however the bets were accepted, and when players cleaned up, they kept the $$$$$. If that's the case, it's a free shot for the book which is of course, wrong. At the same time, if your violating the rulebook, your always taking a chance.
              Comment
              • Boner_18
                SBR Hall of Famer
                • 08-24-08
                • 8301

                #8
                They have been soliciting a lot recently. All emails.
                Comment
                • BatemanPatrickl
                  SBR Posting Legend
                  • 06-21-07
                  • 18772

                  #9
                  Originally posted by Boner_18
                  They have been soliciting a lot recently. All emails.
                  Yep. Free NCAA bonus plays. I took a free play once and tossed it down on a parlay. One of the worst books in the biz.
                  Comment
                  • Thremp
                    SBR MVP
                    • 07-23-07
                    • 2067

                    #10
                    I agree totally with Dozer.
                    Comment
                    • bettilimbroke999
                      SBR Posting Legend
                      • 02-04-08
                      • 13254

                      #11
                      It was only 500k, hell pay it back and getting their reputation back would be worth millions, that name sportsbook.com along with their marketing should have them as the biggest sportsbook online if it wasn't for their terrible rep destroying thefts in the last 2 years. I thought they must've stolen millions and that was why they were refusing but 500k? Its a decent amount of money but for a book that used to be huge you wouldn't think theyd sell their rep for that little. Sportsbook.com is an absolute F- book just for pure stupidity alone, any board of directors that thinks this is a good idea is fukin absolutely retarded
                      Comment
                      • HedgeHog
                        SBR Posting Legend
                        • 09-11-07
                        • 10128

                        #12
                        Originally posted by bettilimbroke999
                        It was only 500k, hell pay it back and getting their reputation back would be worth millions, that name sportsbook.com along with their marketing should have them as the biggest sportsbook online if it wasn't for their terrible rep destroying thefts in the last 2 years. I thought they must've stolen millions and that was why they were refusing but 500k? Its a decent amount of money but for a book that used to be huge you wouldn't think theyd sell their rep for that little. Sportsbook.com is an absolute F- book just for pure stupidity alone, any board of directors that thinks this is a good idea is fukin absolutely retarded
                        The actual figure is likely over $1M. I think the $500k figure is just those that reported the theft.
                        Comment
                        • Peep
                          SBR MVP
                          • 06-23-08
                          • 2295

                          #13
                          I think the reported figure is probably pretty close to the total figure.

                          Not like everyone could even figure out this was an advantage bet on their own, the word was spread through the forums.

                          After all, the bet was there five years ago as well, every book was offering, hardly anyone was playing it. I remember poster "Old Friend" used to talk about it, couldn't get much interest going at the time.
                          Comment
                          • trixtrix
                            Restricted User
                            • 04-13-06
                            • 1897

                            #14
                            Originally posted by punchmaster
                            What was the jist or bottom line of this deal. It was the correlated parlays- right? Do I understand correctly that in the fine print, these types of wagers were not allowed, however the bets were accepted, and when players cleaned up, they kept the $$$$$. If that's the case, it's a free shot for the book which is of course, wrong. At the same time, if your violating the rulebook, your always taking a chance.
                            see this is the type of naive thinking that negatively impacts the players and industry as a whole, the fact that books can put in some sort of non-binding and non-specific clause somewhere deep within their T&C and then use it later to defend outright theft.

                            books have T&C that says they disallow steam plays also, imagine how pissed off you would be, if they use that same clause and went back a year later, and confiscated all funds that you have won in ALL instances when a line moves in your favour AFTER your bet is made..
                            Comment
                            • Bill Dozer
                              www.twitter.com/BillDozer
                              • 07-12-05
                              • 10894

                              #15
                              Originally posted by punchmaster
                              What was the jist or bottom line of this deal. It was the correlated parlays- right? Do I understand correctly that in the fine print, these types of wagers were not allowed, however the bets were accepted, and when players cleaned up, they kept the $$$$$. If that's the case, it's a free shot for the book which is of course, wrong. At the same time, if your violating the rulebook, your always taking a chance.
                              They only took the winnings back from a period where they took a beating. They needed profits up during the quarter and looked at all big winners. Prior to that, where the same player might have lost, they did nothing. Actually, most players didn't get their losses back from the period where they confiscated funds.

                              The sportsbook also confiscated accounts from players who won using multiple Sportsbook.com Family sportsbooks. Using the different brands was allowed and even encouraged by sales. They took well over $150k from these players as well. They initially cited vague rules and didn't offer any logical reason. Bonus hunting and circumventing limits were 2 reasons that didn't apply.
                              Comment
                              • BatemanPatrickl
                                SBR Posting Legend
                                • 06-21-07
                                • 18772

                                #16
                                Originally posted by trixtrix
                                see this is the type of naive thinking that negatively impacts the players and industry as a whole, the fact that books can put in some sort of non-binding and non-specific clause somewhere deep within their T&C and then use it later to defend outright theft.

                                books have T&C that says they disallow steam plays also, imagine how pissed off you would be, if they use that same clause and went back a year later, and confiscated all funds that you have won in ALL instances when a line moves in your favour AFTER your bet is made..
                                What about all of the delayed payments where people couldn't get honest winnings out? I turned $50 into $1,000 and they wouldn't pay me so I said f it, threw it down on one game and lost. They book is a joke and should be rated S for STIFF.
                                Comment
                                • Thremp
                                  SBR MVP
                                  • 07-23-07
                                  • 2067

                                  #17
                                  lol

                                  Their payouts are quicker than many A-rated books now. They'll take their beating like men (mostly) and let you take them for more than a few of the A/B rated books. They also take larger limits than many books. Their CS is on par with Cris. There are many things which are fine about Jazette, its just stealing from your players if like a chick having AIDs, everything else has gotta be perfect or your shouldn't even chance it... and even then you're on your own if you get ****ed.
                                  Comment
                                  • bettilimbroke999
                                    SBR Posting Legend
                                    • 02-04-08
                                    • 13254

                                    #18
                                    Are you defending the book or criticizing, thought u were defending then you compared it to having sex with a girl with AIDS, not exactly complimentary to their business model
                                    Comment
                                    • HedgeHog
                                      SBR Posting Legend
                                      • 09-11-07
                                      • 10128

                                      #19
                                      Originally posted by Thremp
                                      lol

                                      Their payouts are quicker than many A-rated books now. They'll take their beating like men (mostly) and let you take them for more than a few of the A/B rated books. They also take larger limits than many books. Their CS is on par with Cris. There are many things which are fine about Jazette, its just stealing from your players if like a chick having AIDs, everything else has gotta be perfect or your shouldn't even chance it... and even then you're on your own if you get ****ed.
                                      Yeah if their check doesn't bounce. I thought Shamswoof was the only forum moron that backs this shit book. I guess this village has two idiots.
                                      Comment
                                      • Thremp
                                        SBR MVP
                                        • 07-23-07
                                        • 2067

                                        #20
                                        If you're using checks with them, you're the idiot. Their wires and *** are hitting accounts in under 5 days as of last week.

                                        Cris has been getting checks in hand that take 3 days. They're the only place I know of that can put their funds in my accounts quicker.

                                        Facts are facts man.
                                        Comment
                                        • Bill Dozer
                                          www.twitter.com/BillDozer
                                          • 07-12-05
                                          • 10894

                                          #21
                                          Originally posted by Thremp
                                          If you're using checks with them, you're the idiot. Their wires and *** are hitting accounts in under 5 days as of last week.

                                          Cris has been getting checks in hand that take 3 days. They're the only place I know of that can put their funds in my accounts quicker.

                                          Facts are facts man.
                                          I wouldn't be real worried once they actually attempt to send the money. Some players had three or four bounced checks in a row for the same withdrawal but they will get it eventually.

                                          Their rating is based largely on the fact that they will steal from players, especially in bursts that they feel is PR managable, that they feel they won't turn a profit on. If you keep your balance low, you might get the best of them. Never dangle the big balance carrot in front of them if you do play there. How they treat you is directly related to how much of your money they are holding.
                                          Comment
                                          • Spanks
                                            SBR MVP
                                            • 04-12-07
                                            • 2040

                                            #22
                                            they should let their spokesmodel Nikki Cox give 500,000 bj's to all the people they robbed to clear the debt...
                                            Comment
                                            • Thremp
                                              SBR MVP
                                              • 07-23-07
                                              • 2067

                                              #23
                                              Bill,

                                              I have to say that I was told before the account seizures that I was only allowed to play on one account at at time and had bets no-actioned due to double tapping them. So I can't really feel that bad over that seizure.

                                              But yes, they will steal. And I understand why their rating is very low since this is totally justified. It doesn't mean they are guilty of another 8000 problems though. Their payouts are now extremely fast (Much how Bookmaker had some issues with their check payouts for a period, but have fixed them as well) and they offer a ton of lines and take more action than many A/B ranked books without whining, etc etc.
                                              Comment
                                              • cinpls081
                                                SBR Wise Guy
                                                • 05-09-08
                                                • 655

                                                #24
                                                Thremp, it is truly amazing how much better sportsbook.com is today then they were in August. *** is a breeze 2 days for me this week for 5 large. I know people have had issues with them in the past but if you play by the rules they are fair IMO. They are better then some of the A rated books in my opinion. better lines better bonus' etc.
                                                Comment
                                                • InTheHole
                                                  SBR Posting Legend
                                                  • 04-28-08
                                                  • 15243

                                                  #25
                                                  ^
                                                  Comment
                                                  • Thremp
                                                    SBR MVP
                                                    • 07-23-07
                                                    • 2067

                                                    #26
                                                    I'm not going that far. But their payouts are markedly better by a country mile. ***/Wire both under 1 week? Solid IMO. Of course the whole "Maybe we'll steal, maybe we won't" is a monster issue.
                                                    Comment
                                                    • fiveteamer
                                                      SBR Posting Legend
                                                      • 04-14-08
                                                      • 10805

                                                      #27
                                                      great domain name.
                                                      Comment
                                                      • ryanspeer2001
                                                        SBR MVP
                                                        • 03-30-08
                                                        • 3149

                                                        #28
                                                        Originally posted by Spanks
                                                        they should let their spokesmodel Nikki Cox give 500,000 bj's to all the people they robbed to clear the debt...
                                                        This would bring me back to sportsbook.com.
                                                        Comment
                                                        • Spanks
                                                          SBR MVP
                                                          • 04-12-07
                                                          • 2040

                                                          #29
                                                          Comment
                                                          • ShamsWoof10
                                                            SBR MVP
                                                            • 11-15-06
                                                            • 4827

                                                            #30
                                                            Originally posted by HedgeHog
                                                            Yeah if their check doesn't bounce. I thought Shamswoof was the only forum moron that backs this shit book. I guess this village has two idiots.
                                                            You are far too to act like a child... sh*t you are far too old to act like a senior citizen but my memory is still good enough to remember you PURPOSELY putting in a 1st Half correlated paraly AFTER knowing this is not allowed... YOU even SAID that the software accepted it so why not..? Well this is why not dipsh*t so stop your crying...

                                                            If all of you thiefs, like HedgeHog, are looking for someone to take advantage of well "BOOKMAKER/DSI" has been leaving their lines up well after the 2 half starts... I have memtioned this time and time to the stupid CS Reps. and even "CRAZYLOU" observed this... The CS Reps. on the phone actually tell me this is normal.. are you f*ckin' kidding me..? This is a dream for past posting but I do not want the hassle and I know it's wrong anyway... Take a lesson HedgeHog.. you are close to meeting your maker and I would think you would not try and do sin in your last days... It looks like they have been doing software upgrades and I am not like you f*ckin' crooks so I am not going to take a shot.. I will wait until "BOOKMAKER/DIS" fix things to come back...

                                                            I PMed you last month about this "Cedrick" and they have not corrected it...

                                                            Comment
                                                            • cinpls081
                                                              SBR Wise Guy
                                                              • 05-09-08
                                                              • 655

                                                              #31
                                                              Shams sportsbook always has lines up after the half etc. THe other night i saw a soccor game that was 2-1 and the total was 2.5....it was still on the board.

                                                              There software is soft but you have to know the right and wrong thing is to do.

                                                              There are situations EVERY night. In the long run its not worth it IMO. I

                                                              Just my 2 cents. I think the bonus is great and I have ZERO problems getting paid. I don't play parlays and will NOT take shots with past posts. They will catch you.
                                                              Comment
                                                              • HedgeHog
                                                                SBR Posting Legend
                                                                • 09-11-07
                                                                • 10128

                                                                #32
                                                                Originally posted by ShamsWoof10
                                                                You are far too to act like a child... sh*t you are far too old to act like a senior citizen but my memory is still good enough to remember you PURPOSELY putting in a 1st Half correlated paraly AFTER knowing this is not allowed... YOU even SAID that the software accepted it so why not..? Well this is why not dipsh*t so stop your crying...

                                                                If all of you thiefs, like HedgeHog, are looking for someone to take advantage of well "BOOKMAKER/DSI" has been leaving their lines up well after the 2 half starts... I have memtioned this time and time to the stupid CS Reps. and even "CRAZYLOU" observed this... The CS Reps. on the phone actually tell me this is normal.. are you f*ckin' kidding me..? This is a dream for past posting but I do not want the hassle and I know it's wrong anyway... Take a lesson HedgeHog.. you are close to meeting your maker and I would think you would not try and do sin in your last days... It looks like they have been doing software upgrades and I am not like you f*ckin' crooks so I am not going to take a shot.. I will wait until "BOOKMAKER/DIS" fix things to come back...

                                                                I PMed you last month about this "Cedrick" and they have not corrected it...

                                                                Get your facts straight, moron. My correlated bets were full game side to full total, or 1st half side to 1st half total. Nothing wrong with those type of bets if the Book accepts them. Thremp and you treating SB like an A Book shows how fukking stupid you both are.
                                                                Comment
                                                                • UntilTheNDofTimE
                                                                  SBR Hall of Famer
                                                                  • 05-29-08
                                                                  • 9283

                                                                  #33
                                                                  what did you guys do so wrong to not get paid, last year it was real bad it took like 3 months to get paid but i did, i haven't played with sportsbook in about 8 months but they paid me over 12,000 in payouts and it was never a hassle
                                                                  Comment
                                                                  • topdogceo
                                                                    SBR High Roller
                                                                    • 04-11-09
                                                                    • 117

                                                                    #34
                                                                    7500 paid in the last month, no problem
                                                                    Comment
                                                                    • tacomax
                                                                      SBR Hall of Famer
                                                                      • 08-10-05
                                                                      • 9619

                                                                      #35
                                                                      Originally posted by topdogceo
                                                                      7500 paid in the last month, no problem
                                                                      Thanks for signing up today and placing 2 posts with 30 minutes telling us how you've received a large payment from them.
                                                                      Originally posted by pags11
                                                                      SBR would never get rid of me...ever...
                                                                      Originally posted by BuddyBear
                                                                      I'd probably most likely chose Pags to jack off too.
                                                                      Originally posted by curious
                                                                      taco is not a troll, he is a bubonic plague bacteria.
                                                                      Comment
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