I am experienced gambler who lives in Las Vegas. I had an account with Beted for a couple of years without incident. A couple of months ago they reduced my limits to $25 making my account effectively closed. I still had pending futures which I just had to wait until the results posted and if I won I would withdraw the money. I recently got a new roommate and I recommended Beted to him. He opened an account and he made wagers for approximately 5 to 7 days placing all of his wagers over the internet. Some of the wagers were placed on his laptop and some on a desktop in the common living area of my condo. He placed approximately 10 to 12 wagers during this period. Knowing that he had the account he allowed me to place 2 wagers in his account over the phone with his account information. His account went from $1300 to $7958. After capturing the bonus he tried to make a withdraw and Beted said the account is now under investigation and this process could take up to 72 hours. Over one week later they responded by saying that his account was closed due to one account being allowed per household and his account deposit of $1300 would be refunded only. They said that we were colluding against them and the phone records / IP address prove this. In addition they deleted all of MY pending wagers including Lebron MVP, Durant Scoring Title, Mariners Pennant Winner, etc were wiped out of MY account. I had not placed a wager in over a month. I have placed wagers in other people's accounts in the past and vice versa. I have accounts with The Greek and Bookmaker. After this Beted incident I have since contacted The Greek and Bookmaker to find out what would happen if someone placed a bet in my account. They both told me that it is my responsibility to keep my account information confidential and if someone placed a bet in my account it would be the same as if I had placed the bet. I am new to posting on SBR but have read the forums for years and have never seen a complaint like the one that I am making so I never knew that this could happen. Due to the fact that I have never seen a confiscation of funds due to this on any posts to know what I was doing is not allowed and my account could be terminated as well as the policies of other offshore books I find this decision by Beted to be completely unreasonable for both myself and my roommate. Sbr rates Beted as B- which is defined as "Good, minimal risk to funds. Top 10% of all books." In Las Vegas if someone is kicked out of a book and someone places a bet for that person the bet is honored and new person may be kicked out also. They don't confiscate the ticket and not pay the winnings. This book is obviously looking for a reason not to pay their account holders. If you look at the terms and conditions at Beted they are different than other books. Other books have similar terms and conditions to one another and Beted has a few different terms in attempt to freeroll against their account holders when the conditions are met. This is obvious if you look at their forum regarding claims against them. Can someone at SBR get Beted to step up and pay the balance owed where risk was taken?? I am surrendering to SBR to uphold the rating that many of us depend on when making decisions regarding what books to use as well as the many upgrades this book has been given recently. 
Jeff
Jeff
