SBR Top-Rated Sportsbooks
SBR Sportsbook Ratings Fatally Flawed
The overwhelming #1 issue in grading a sportsbook has to be its financials and in particular the separation of owner and player funds. Nothing in SBR's explanation of its processes suggests they do that.
No shop which relies on player funds to pay for rent, wages, advertising, computers etc. should be afforded any rating at all. Players should be warned to avoid them.
Those who send money to a book in an unregulated jurisdiction which doesn't insist on player funds at all times being kept separate are most probably in effect making unsecured interest free loans to that book. The almost inevitable end result is that players lose their funds when the book's business fails or the owners decide to pull the plug and run.
Such shops simply regard player deposits as their own money and count it as revenue rather than treating it as an outstanding liability.
I've said all this before in this forum and been largely shouted down for doing so.
Hopefully some did take notice. Hopefully others will do so this time.
Quite frankly, players who continue to send money to such books are fools.
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Originally Posted by Isaiah
