Busy times are afoot for WagerWeb for the upcoming football season. Out of the myriad of possible motivations, two stand out above the others.
- Legends wishes to stay in the US market by rebranding/purchasing a book that has fewer connections to Spiros/thegreek than heritage had.
- BI version 2.0. The buildup of a pump and dump through an association with a former A+ book in the efforts of making a go of it in the US market. The pump and dump would be the golden parachute if profit projections are not met or losses occur.
The sportsbook ratings services whose ratings increase through sponsorship dollars will gradually lift this books ratings to a recommend or at least to a B+ level by the time football season nears. What was the real motivation behind the choice of Wagerweb for the legends transition will not be known to most people until it actually plays out. The 10x rollover is clearly a delay tactic on having the run on the bank occur. The 10x prevents people cashout's from being rejected due to lack of funds. 10x plus the lines offer substansil protection from having to pay people. Funds will be lost, and players that had legends rolls are in jeopardy.
Proactive Measures
For anyone that has been on this site for months or longer. The inclination might be to deposit in this book. Your funds if they existed are being held hostage with the 10x rollover. I would rather trust a high ranking official in the Nigerian government than the book in this situation.
Do not deposit in this book. 5Dimes and especially Bookmaker have withstood previous DOJ actions. If you must invest offshore and are in the US, these two books might be your only outs.
Just a warning to anyone who would consider depositing in this book......might as well go to that red sports variant that was BI.
How do you see it playing out?