Doubts about Betting Brokers

[VinagreSantos]

Greetings;
I´m getting mixed reviews about Betting Brokers and because i am in a country that doesn´t allow us to acess online bookmakers, i am thinking using a Bet Brooker.
I am an amateur punter, but sometimes i use betting exchanges to close bets. I´m far from being an Highroller, but can somebody help me, please with some informations/ advice?

Thank you very much

[Optional]

Plenty of people use them and there isn't a lot of complaints about any of the well known ones. But you are right to be wary.

Don't try to be clever with any bonus, or just dont take one, as that is an area that can get you into trouble. They don't always treat things the same way Westerners might expect so make sure you read all their rules and understand things like they won't help with grading disputes with the books and things like that. But they are worth a try to see if they suit you.

Which one/s did you have in mind?

[lecubs28]

i would recommend staying far away from asian connect. they are dishonest thieves.

[sheepgotwool]

i would recommend staying far away from asian connect. they are dishonest thieves.

What did they do to you or was it just stuff from the past that is written about them ?

[VinagreSantos]

I´ve been seaching and there´s mixed reviews, for example asian connect. There´s people saying good things and others not so positive. I saw something about Premium Tradings and Sports Market.
Which one would you advice, or is more trusted?

thanks

[VinagreSantos]

Why?
Can you elaborate?

[Optional]

I´ve been seaching and there´s mixed reviews, for example asian connect. There´s people saying good things and others not so positive. I saw something about Premium Tradings and Sports Market.
Which one would you advice, or is more trusted?

thanks

I would not like to recommend any specific one. Asianconnect88, PremiumTradings, Amvo and Bet-IBC seem to be the ones most talked about around here. If you are in a hard to service country I'd probably go with the one that could handle my country issues best.

[VinagreSantos]

Thank you very much for the information.

Best regards!

[Craig22]

Asian Connect

The general consensus I've received about Asian Connect, as they are the only option for U.S. punters, is be wary with large amounts of money on there(6 figures). Is there any people that could talk about their experience with Asian Connect because I'm strongly considering using them.

This is my first post by the way.

[cincy]

I have used asianconnect for 2 years with no problems. I did not accept any bonus. I deposit with bitcoins and they convert to eur currency and opened some accounts for me. I make 5 figure deposits and withdrawals regularly. I can also quickly transfer money between the accounts if I win in one account and lose in another account.

[Craig22]

I have used asianconnect for 2 years with no problems. I did not accept any bonus. I deposit with bitcoins and they convert to eur currency and opened some accounts for me. I make 5 figure deposits and withdrawals regularly. I can also quickly transfer money between the accounts if I win in one account and lose in another account.

Hi Cincy, I wanted to let you know I got your message and fully agree, but cannot PM you because of the 40 post rule. I'm looking to deposit around the same also.

[Caip34000]

I don't understand how they make business they open account for users but under what name? And why the Bookmaker accept that kind of things

[Optional]

I don't understand how they make business they open account for users but under what name? And why the Bookmaker accept that kind of things

The bookmaker gets their action at the same odds without the associated costs of support and money transfers. Non-English speaking books find it easier not dealing with us directly too.

The bookmaker software allows them to make the broker a master account and thay can open sub accounts for you under numerical IDs so only the broker knows who you really are.

[Caip34000]

The bookmaker gets their action at the same odds without the associated costs of support and money transfers. Non-English speaking books find it easier not dealing with us directly too.

The bookmaker software allows them to make the broker a master account and open sub accounts for you under numerical IDs so only the broker knows who you really are.

Thanks for the answer but what about money laundering and things like that? Like also isn't it q way for limited player to bet over the limits of having two accounts at the same book?

[Optional]

Thanks for the answer but what about money laundering and things like that? Like also isn't it q way for limited player to bet over the limits of having two accounts at the same book?

The broker will still KYC you and want ID docs.

The books that offer their service via brokers do not care about the issues you mention. They are all big limit books that generally dont collar players much anyway.

[Caip34000]

OK fair enough.

[dealer wins]

Been using PT for 16 months with issue. Great service and withdrawals within 10 minutes on the rare occasion I needed one.

[nymfan99]

Still don't get this completely, Just say I create an account at Asianconnect, am I betting with an agent or am I betting with the specific book that I specify? For example, I want a Matchbook account through AC, I deposit funds, how do I get MB odds, how does AC make money? How does MB allow this as they are regulated in the UK I would think there would be strict rules against this. For example, if I am in the US, then I would be able to use MB? Or is AC just a pass through service where they are looking for turnover? Does AC want me to lose my money like a traditional book maker? Or are their interests aligned with mine? Where is the risk?

[Caip34000]

Still don't get this completely, Just say I create an account at Asianconnect, am I betting with an agent or am I betting with the specific book that I specify? For example, I want a Matchbook account through AC, I deposit funds, how do I get MB odds, how does AC make money? How does MB allow this as they are regulated in the UK I would think there would be strict rules against this. For example, if I am in the US, then I would be able to use MB? Or is AC just a pass through service where they are looking for turnover? Does AC want me to lose my money like a traditional book maker? Or are their interests aligned with mine? Where is the risk?

That's exactly what I was asking about bevsu6i don't understand how does regulator can accept that

[dealer wins]

PT and AC are not regulated by the UK gaming commission. But its the only way to bet with Pinny so I am prepared to risk it.

@ nym, PT provide me with a user name for Pinny, and I log on to thier website as normal using details provided. The Pinny account has your balance in there, but and depsoits or witdrawals are done through PT not the site.

One big drawback is that you cannot query any bets/settlements/voids with the bookmaker. So I would not do live betting or bet very close to the start of events etc

[nymfan99]

But the question is PT taking on the other side of your bet or are they acting as a middle man? Pinnacle would not take your bet if you are in the US so this is basically a funny money account. Also if they act as middle man there would be some time needed for confirmation that they took the bet at xyz odds.

[HeeeHAWWWW]

Or is AC just a pass through service where they are looking for turnover? Does AC want me to lose my money like a traditional book maker?

They get a small % based on your turnover, so they don't care either way.

[jjgold]

I think only think brokers require is using non usa IP

[cincy]

I had account at pinnacle before they stopped taking usa players and an account at pinnacle now through Asian connect. There is no difference except the account at pinnacle that Asian connect setup for me is in EUR currency. There is not time delay when I place the bets. The bets go straight to pinnacle on the pinnacle website and do not go through Asian connect. The only time I deal with Asian connect is when I want to deposit, withdrawal or transfer money between my various accounts that Asian connect setup for me.

[nymfan99]

it seems that the sportsbook would be able to shut down this activity with a blink.of an eye and not sure if you would ever see your funds if they were caught. For AC are there sub brokers that control say 10 accounts or if i sign up there I would be under their entire umbrella. if the book suspects fraud under 1 account in the layering then your accpunt i woukd think woukd be at risk.

[raiders72001]

it seems that the sportsbook would be able to shut down this activity with a blink.of an eye and not sure if you would ever see your funds if they were caught. For AC are there sub brokers that control say 10 accounts or if i sign up there I would be under their entire umbrella. if the book suspects fraud under 1 account in the layering then your accpunt i woukd think woukd be at risk.

AC is the main agent. If you go through them, then you only deal with AC. AC may get .1-1% of volume. Pinnacle, or whichever book you choose, only deals with the agent, not you if there is a problem.

There will be sub agents under AC. The sub agent has his own clients and deals with the agent. The sub agent and agent have their own deal. The sub agent may get 10-30% of the losses. Players under the sub agent deal with the sub agent, not the agent or book.

Some sub agents may stiff the agent but don't worry about that. That's between the agent and sub agent.

[raiders72001]

When I used OleBitcoin, under the former name SBOBitcoin, they didn't require true KYC. They told me that I could use an alias and I did. I'm not sure if it still works that way. While there I deposited in BTC and they converted to your choice of Hong Kong or Singapore dollars.

I was able to get into Pinny using a VPN. The agent may be able to give you an alternate URL if you don't want to use a VPN.

Personally, I didn't use AC because some time ago they confiscated deposits and winnings claiming bonus abuse. After SBOBitcoin switched their name to OleBitcoin, I stopped using them.

[nymfan99]

for the AC example that makes sense however the question is is it better to sign up straight through AC or through a sub agent. it seems that straight to AC is the better alternative.

MB allows customers from my region but if i get a MB account through AC it wont mattee if i use my real or fake credentials as all transactions go through AC. I woukd have no recourse if for example AC decided not to pay me.

[nymfan99]

for the AC confiscations do we know details on the case. bonus abuse it what sense. between AC accounts or with other books？

[raiders72001]

for the AC confiscations do we know details on the case. bonus abuse it what sense. between AC accounts or with other books？

Optional most likely has the best info on this and may be able to correct if the following is wrong. What I read elsewhere is that AC was giving away a bonus with the normal 1 account per household or IP.

In one case AC claimed that two people were related and abused bonuses. AC refused to give information to anyone as proof and just confiscated the money. There were a couple other similar cases.

[raiders72001]

for the AC example that makes sense however the question is is it better to sign up straight through AC or through a sub agent. it seems that straight to AC is the better alternative.

MB allows customers from my region but if i get a MB account through AC it wont mattee if i use my real or fake credentials as all transactions go through AC. I woukd have no recourse if for example AC decided not to pay me.

Go as high as possible. If you can't, or don't want to go directly through the book, then use AC. There's really no need for a sub agent under AC unless you are betting on credit.

[nymfan99]

Sorry I keep asking a million questions, but yeah I would like to know the confiscation issues. I wouldn't take a bonus and I think you are right just to go to AC directly if I decided to go this route. I have a MB account and haven't been able to fund it, but I've logged into it from my location, will there be an issue if now I go through one of these brokers with a different account? Also just say I decide to leave AC, can I go to another broker and get another MB account through them with no issues? Or would I have to use a VPN or something. My plan is to just use MB because they have best odds in most situations and I think less likely I would have issues but it may not matter. AC I believe has a platform where I can see odds across all the books they offer so if I find value in it I could fund one of those sub accounts. I would prefer to go with an agent where my location wont matter. SO when I go back to the US, I still have the same options. What would happen if I accidently logged into MB from the US and placed a wager or MB found out that my account was using VPN, would everything be gone or would they pay out and close the account. Its just hard to believe there aren't cases of this where AC accounts are flagged and then the Book wont want to deal with them anymore...

[Optional]

What Raiders said is about right.

A year or so ago there were several complaints about AC88 including the one he mentioned for 6 figures confiscated over a multi account allegation. I did not look after that one but believe it came to a stalemate with SBR wanting more proof and AC88 sticking to their decision anyway.

Another one I wasn't happy with their response to was a Ukrainian fellow who had about 10k confiscated because he failed KYC. He said his village had been destroyed in the war there and he had been moved to another town and could not receive the PVC letter at his original registered address.

They do hear a 'good story' almost every single time a PVC letter 'does not arrive' but in this guys case I did not see justification to confiscate anything over it. They claimed the action was warranted as the player had taken a bonus.

After speaking to them and hearing their attitude to bonus takers I have advised people to never accept any bonus offer from them since.

I don't think they are crooks though. Just have different cultural values about what is fair and how companies should react if thy suspect a player is breaking the rules.


You should be open and honest with them about where you are and what you want to do and they will tell you the exact solution you need. I'd do it by email so i'd have a record of the conversation too.

[thespeculator]

Been using PT for 16 months with issue. Great service and withdrawals within 10 minutes on the rare occasion I needed one.

i am planning on joining PT . Would i have to use a vpn , or is there another way around it

[nymfan99]

I started an account with AC.. if anyone have questions Ill try to answer as much as I can. I went with AC over PT since they have more of a track record. BTC allows for quick entry and exit, you should have to hold much of a balance as I see it which limits the downside.