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  • Max009
    SBR Sharp
    • 10-13-09
    • 439

    #1
    Parlaymakers
    I am pleased to announce that Parlaymakers have agreed to allow SBR to act as the binding arbitrator for all disputes of $500 or less. We certainly hope to resolve any disputes with our customers without them having to exercise any formal dispute resolution mechanism, but I do think it is reassuring to our customers to know that they have an independent party they can bring their disputes to if needed.

    From the Parlaymakers website:

    "Parlaymakers dispute resolution policy:
    If you have any issue with or suggestion on any aspect of the Parlaymakers site or service please feel free to contact us at info@parlaymakers.com with your concerns and comments.
    Effective, April 19th, 2010, if for some reason your dispute can not be resolved to your satisfaction you may fill out this complaint form and submit to SportsBookReview.com. Parlaymakers and SportsBookReview have partnered to offer this service as binding arbitration on any dispute matter of $500 or less. Before filling out the complaint form you must contact us first to try and resolve the dispute.
    SportsBookReview is the leading independent site for reviews and information on the sportsbook industry. "



    Special thanks to Bill Dozer for his willingness to have SBR act in this capacity.
  • minet123
    SBR Posting Legend
    • 02-17-07
    • 10280

    #2
    I recommend that everyone try this book out
    Comment
    • trixtrix
      Restricted User
      • 04-13-06
      • 1897

      #3
      500 or less is really small potatos

      why are you not confident to let sbr handle higher disputes?

      off top of my head i'd say 5k is a much better limit than 500 in terms of the disputed amount limit
      Comment
      • Max009
        SBR Sharp
        • 10-13-09
        • 439

        #4
        Originally posted by minet123
        I recommend that everyone try this book out
        Thanks for the positive words.
        Comment
        • Max009
          SBR Sharp
          • 10-13-09
          • 439

          #5
          Originally posted by trixtrix
          500 or less is really small potatos

          why are you not confident to let sbr handle higher disputes?

          off top of my head i'd say 5k is a much better limit than 500 in terms of the disputed amount limit
          First, we are a recreational book with wager limits at $250 and with instant payouts there is no build up of funds held by Parlaymakers, so $500 will cover most if not of all of our potential disputes. Also, it is a reasonable starting point and there is no reason in the future that the dispute limits can not be raised.

          Finally, considering we are the only book that has given SBR binding arbitration over disputes, I think the question is why isn't everyone at least doing what Parlaymakers is doing?

          We like setting the standard though.
          Comment
          • katstale
            SBR MVP
            • 02-07-07
            • 3924

            #6
            Nice move on your part and certainly good for PR. Not quite as good I think as Moneybookers or better liquidity, but it's still going in the right direction.
            Comment
            • aggieshawn
              SBR MVP
              • 01-24-07
              • 4377

              #7
              i will have to check out this site.
              Comment
              • RichardGeorge
                SBR Wise Guy
                • 04-18-10
                • 640

                #8
                Alot of positives coming out of parlaymakers lately.... Might give them a chance soon.
                Comment
                • Fishhead
                  SBR Aristocracy
                  • 08-11-05
                  • 40179

                  #9
                  Comment
                  • Max009
                    SBR Sharp
                    • 10-13-09
                    • 439

                    #10
                    Originally posted by katstale
                    Nice move on your part and certainly good for PR. Not quite as good I think as Moneybookers or better liquidity, but it's still going in the right direction.
                    Yes, moneybookers is coming soon. Thanks for the positive words.
                    Comment
                    • Max009
                      SBR Sharp
                      • 10-13-09
                      • 439

                      #11
                      Originally posted by aggieshawn
                      i will have to check out this site.
                      We would love to have you try us out.
                      Comment
                      • Fishhead
                        SBR Aristocracy
                        • 08-11-05
                        • 40179

                        #12
                        Do they still take Gold-pay?
                        Comment
                        • Max009
                          SBR Sharp
                          • 10-13-09
                          • 439

                          #13
                          Originally posted by RichardGeorge
                          Alot of positives coming out of parlaymakers lately.... Might give them a chance soon.
                          Glad to hear it.
                          Comment
                          • trixtrix
                            Restricted User
                            • 04-13-06
                            • 1897

                            #14
                            is there any way to deposit to you pm acct w/out *******?
                            Comment
                            • Max009
                              SBR Sharp
                              • 10-13-09
                              • 439

                              #15
                              Originally posted by trixtrix
                              is there any way to deposit to you pm acct w/out *******?
                              Moneybookers will be available in the next week or two for non-us. As of right now you would have to have a funded gold-pay account to use Parlaymakers. Gold-Pay has most of the funding options you are used too so it is not that much different. We do have a free baseball contest now that you could try out the site without funding your gold-pay account. Click on contests on the home page.
                              Comment
                              • thespeculator
                                SBR MVP
                                • 09-09-08
                                • 2999

                                #16
                                it is may still no moneybookers, but it looks like the action has picked up
                                Comment
                                • djefferis
                                  SBR MVP
                                  • 08-16-08
                                  • 1197

                                  #17
                                  Solid shop, nice contest going on and best parlay payouts.
                                  Comment
                                  • Doug
                                    SBR Hall of Famer
                                    • 08-10-05
                                    • 6324

                                    #18
                                    Originally posted by Fishhead
                                    Do they still take Gold-pay?
                                    They almost are Gold-pay, same account numbers at both.
                                    Comment
                                    • Max009
                                      SBR Sharp
                                      • 10-13-09
                                      • 439

                                      #19
                                      Originally posted by thespeculator
                                      it is may still no moneybookers, but it looks like the action has picked up
                                      We are working on this. I am not making that up. Little bit of a hold up with Moneybookers requesting some additional documentation but I expect this to be taken care of soon.
                                      Comment
                                      • thespeculator
                                        SBR MVP
                                        • 09-09-08
                                        • 2999

                                        #20
                                        Originally posted by djefferis
                                        Solid shop, nice contest going on and best parlay payouts.
                                        totally agree , solid, great variety and nothing beats the instant payouts
                                        Comment
                                        • THE_LOCKSMITH
                                          SBR Hall of Famer
                                          • 08-25-08
                                          • 7237

                                          #21
                                          Looks like they finally got the MoneyBookers up on Parlaymakers, curious to see how these instant payouts will work out on MoneyBookers
                                          Comment
                                          • vyomguy
                                            SBR Hall of Famer
                                            • 12-08-09
                                            • 5794

                                            #22
                                            They still have very low limits of $250. I remember max saying it will be increased in july/august. Any news?
                                            Comment
                                            • Chopsticks
                                              SBR MVP
                                              • 06-30-09
                                              • 1057

                                              #23
                                              Originally posted by THE_LOCKSMITH
                                              Looks like they finally got the MoneyBookers up on Parlaymakers, curious to see how these instant payouts will work out on MoneyBookers
                                              Actually they have had Moneybookers up for a while now. They do not offer the same instant payouts to Moneybookers as they do with GP, in that as soon as the wager is graded, you will be paid to your GP account. When I talked to them about it they said that it would be very expensive for all parties involved if they had the same system in place with Moneybookers. I am not sure if Moneybookers would be interesting in something like this either.

                                              However they do pay out instantly to Moneybookers upon requesting a payout. At least they did it for me maybe a month or so ago. There was a minor technical issue on my first request, but I talked to them on live chat and they fixed it for me quickly. I only requested something like $200 but it was sent to my Moneybookers account instantly without any fees.

                                              It looks like they are still not taking a lot of bets. I honestly can not understand why thiey only take something like 4-10 bets per day (there is a link to view all placed/settled bets on thesite) . For sure they are very small and you should always be careful with new bookies. However, if you use GP you get paid out your winnings to your GP account instantly. I understand that there is a fee involved on these transfers (slightly off-putting to say the least!), but as far as safety of funds go, this place should be very safe. Your liability here will be very limited because they keep sending your earned winnings your way instantly. If they were to run out of money you would know instantly because you would not get your winnings sent to your GP account. But because they do not actually hold any money if you are a GP depositor, so unless GP goes rogue it would be hard for you to have your funds stolen.

                                              If you place a $100 bet with PM and it wins, your $100 will as far as I understand it never leave your GP account. It will however be frosen. In Parlaymaker's GP account they will have the potential winnings frosen.

                                              So if (!!) Parlaymakers goes bankrupt, and if you are a GP depositor, the only thing you would lose is potential winnings from the bet you placed. Your stake will be safe and secure in your GP account. If your bet loses while they are bankrupt and have no intentions of paying, well then of course you will lose your stake, as you normally would.

                                              Lines are either Pinnacle lines or "bonus lines". No need to explain that, other than to say you should stick with the low juice (pinnacle) lines if you want to win in the long run.

                                              I don't actually need to play with Parlaymakers at all since I can play with Pinnacle (and get higher limits), but I did leave a small balance with Parlaymakers anyway because I think their instant payout system is something that all bookies should look in to.

                                              Before signing up I was kind of put off by the fact that they advertise their risk pool so openly on the site. It is not something that gives clients a lot of confidence - "hey, you want to give us money? We will give you lots of money on your investment! This is a great investment blablabla". Obviously it does not exactly say that, but as a bettor you can't help it to get allusions to various HYIP/ponzi schemes. I think they should set up a seperate website on a seperate domain for this, and maybe don't feature it so openly on the site. If people are worried about power houses like BetPhoenix and other major players, then for sure they will worry about Parlaymaker's ability to pay. For sure most people who would be interested should have heard about the risk pool by now anyway, so no need to keep pushing it.

                                              All of the above though is based on my experience betting on the world cup, so things may have changed since that. Obviously be careful if you go in, but I (although just a random) think you should be safe.

                                              And if you are in to posting a lot on forums, they had something on their blog about how they want to sponsor people who provide quality content. You have to use their link in your signature and their logo as avatar though. Despite this being a very shill-ish post, I am not a Parlaymaker "panda" by the way. I just really like their GP system.
                                              Comment
                                              • THE_LOCKSMITH
                                                SBR Hall of Famer
                                                • 08-25-08
                                                • 7237

                                                #24
                                                Originally posted by Chopsticks
                                                Actually they have had Moneybookers up for a while now. They do not offer the same instant payouts to Moneybookers as they do with GP, in that as soon as the wager is graded, you will be paid to your GP account. When I talked to them about it they said that it would be very expensive for all parties involved if they had the same system in place with Moneybookers. I am not sure if Moneybookers would be interesting in something like this either.

                                                However they do pay out instantly to Moneybookers upon requesting a payout. At least they did it for me maybe a month or so ago. There was a minor technical issue on my first request, but I talked to them on live chat and they fixed it for me quickly. I only requested something like $200 but it was sent to my Moneybookers account instantly without any fees.

                                                It looks like they are still not taking a lot of bets. I honestly can not understand why thiey only take something like 4-10 bets per day (there is a link to view all placed/settled bets on thesite) . For sure they are very small and you should always be careful with new bookies. However, if you use GP you get paid out your winnings to your GP account instantly. I understand that there is a fee involved on these transfers (slightly off-putting to say the least!), but as far as safety of funds go, this place should be very safe. Your liability here will be very limited because they keep sending your earned winnings your way instantly. If they were to run out of money you would know instantly because you would not get your winnings sent to your GP account. But because they do not actually hold any money if you are a GP depositor, so unless GP goes rogue it would be hard for you to have your funds stolen.

                                                If you place a $100 bet with PM and it wins, your $100 will as far as I understand it never leave your GP account. It will however be frosen. In Parlaymaker's GP account they will have the potential winnings frosen.

                                                So if (!!) Parlaymakers goes bankrupt, and if you are a GP depositor, the only thing you would lose is potential winnings from the bet you placed. Your stake will be safe and secure in your GP account. If your bet loses while they are bankrupt and have no intentions of paying, well then of course you will lose your stake, as you normally would.

                                                Lines are either Pinnacle lines or "bonus lines". No need to explain that, other than to say you should stick with the low juice (pinnacle) lines if you want to win in the long run.

                                                I don't actually need to play with Parlaymakers at all since I can play with Pinnacle (and get higher limits), but I did leave a small balance with Parlaymakers anyway because I think their instant payout system is something that all bookies should look in to.

                                                Before signing up I was kind of put off by the fact that they advertise their risk pool so openly on the site. It is not something that gives clients a lot of confidence - "hey, you want to give us money? We will give you lots of money on your investment! This is a great investment blablabla". Obviously it does not exactly say that, but as a bettor you can't help it to get allusions to various HYIP/ponzi schemes. I think they should set up a seperate website on a seperate domain for this, and maybe don't feature it so openly on the site. If people are worried about power houses like BetPhoenix and other major players, then for sure they will worry about Parlaymaker's ability to pay. For sure most people who would be interested should have heard about the risk pool by now anyway, so no need to keep pushing it.

                                                All of the above though is based on my experience betting on the world cup, so things may have changed since that. Obviously be careful if you go in, but I (although just a random) think you should be safe.

                                                And if you are in to posting a lot on forums, they had something on their blog about how they want to sponsor people who provide quality content. You have to use their link in your signature and their logo as avatar though. Despite this being a very shill-ish post, I am not a Parlaymaker "panda" by the way. I just really like their GP system.
                                                ok, thanks
                                                Comment
                                                • Max009
                                                  SBR Sharp
                                                  • 10-13-09
                                                  • 439

                                                  #25
                                                  Originally posted by Chopsticks
                                                  Actually they have had Moneybookers up for a while now. They do not offer the same instant payouts to Moneybookers as they do with GP, in that as soon as the wager is graded, you will be paid to your GP account. When I talked to them about it they said that it would be very expensive for all parties involved if they had the same system in place with Moneybookers. I am not sure if Moneybookers would be interesting in something like this either.

                                                  However they do pay out instantly to Moneybookers upon requesting a payout. At least they did it for me maybe a month or so ago. There was a minor technical issue on my first request, but I talked to them on live chat and they fixed it for me quickly. I only requested something like $200 but it was sent to my Moneybookers account instantly without any fees.

                                                  It looks like they are still not taking a lot of bets. I honestly can not understand why thiey only take something like 4-10 bets per day (there is a link to view all placed/settled bets on thesite) . For sure they are very small and you should always be careful with new bookies. However, if you use GP you get paid out your winnings to your GP account instantly. I understand that there is a fee involved on these transfers (slightly off-putting to say the least!), but as far as safety of funds go, this place should be very safe. Your liability here will be very limited because they keep sending your earned winnings your way instantly. If they were to run out of money you would know instantly because you would not get your winnings sent to your GP account. But because they do not actually hold any money if you are a GP depositor, so unless GP goes rogue it would be hard for you to have your funds stolen.

                                                  If you place a $100 bet with PM and it wins, your $100 will as far as I understand it never leave your GP account. It will however be frosen. In Parlaymaker's GP account they will have the potential winnings frosen.

                                                  So if (!!) Parlaymakers goes bankrupt, and if you are a GP depositor, the only thing you would lose is potential winnings from the bet you placed. Your stake will be safe and secure in your GP account. If your bet loses while they are bankrupt and have no intentions of paying, well then of course you will lose your stake, as you normally would.

                                                  Lines are either Pinnacle lines or "bonus lines". No need to explain that, other than to say you should stick with the low juice (pinnacle) lines if you want to win in the long run.

                                                  I don't actually need to play with Parlaymakers at all since I can play with Pinnacle (and get higher limits), but I did leave a small balance with Parlaymakers anyway because I think their instant payout system is something that all bookies should look in to.

                                                  Before signing up I was kind of put off by the fact that they advertise their risk pool so openly on the site. It is not something that gives clients a lot of confidence - "hey, you want to give us money? We will give you lots of money on your investment! This is a great investment blablabla". Obviously it does not exactly say that, but as a bettor you can't help it to get allusions to various HYIP/ponzi schemes. I think they should set up a seperate website on a seperate domain for this, and maybe don't feature it so openly on the site. If people are worried about power houses like BetPhoenix and other major players, then for sure they will worry about Parlaymaker's ability to pay. For sure most people who would be interested should have heard about the risk pool by now anyway, so no need to keep pushing it.

                                                  All of the above though is based on my experience betting on the world cup, so things may have changed since that. Obviously be careful if you go in, but I (although just a random) think you should be safe.

                                                  And if you are in to posting a lot on forums, they had something on their blog about how they want to sponsor people who provide quality content. You have to use their link in your signature and their logo as avatar though. Despite this being a very shill-ish post, I am not a Parlaymaker "panda" by the way. I just really like their GP system.
                                                  Thanks for providing your experience with Parlaymakers here at SBR. We agreed with you about the Risk Pool and given our current level of investment we thought it was a good time to take that off the website. The risk pool is still available but we will no longer publicly advertise it. Thanks again and best of luck to you in the future.
                                                  Comment
                                                  • Max009
                                                    SBR Sharp
                                                    • 10-13-09
                                                    • 439

                                                    #26
                                                    Originally posted by vyomguy
                                                    They still have very low limits of $250. I remember max saying it will be increased in july/august. Any news?
                                                    Thanks for asking. I was a little slow in answering this question because we just launched our increased wagering limits today so I wanted to give you the latest information. The limits of course depend on the sport and early lines will have lower limits. For example, Baseball games for tonight have run line limits between $2000-$4000, moneyline limits of $4000, and total limits of $2000. Our overnight MLB lines are pretty much limited to $1000 max across the board at the moment.

                                                    As some of you may know, our lines are very competitive with everybody and we have an excellent variety of sport selection. For example in MLB we will be sometimes better than MB on runlines, and routinely better for totals, alt runline, 1st halfs, and first half totals. Plus, we have the early lines for baseball which MB does not. NFL this year will be at -104 on the spreads.

                                                    To see what the current limit is on any giving wager just hover over the check box for that wager and the max wager amount will pop up.

                                                    Thanks again for the question.
                                                    Comment
                                                    • Bill Dozer
                                                      www.twitter.com/BillDozer
                                                      • 07-12-05
                                                      • 10894

                                                      #27
                                                      Originally posted by trixtrix
                                                      500 or less is really small potatos

                                                      why are you not confident to let sbr handle higher disputes?

                                                      off top of my head i'd say 5k is a much better limit than 500 in terms of the disputed amount limit
                                                      It's good that Parlaymakers wants to accelerate the feedback process. It's also a vote of confidence in their own service that they wont be sending complaints to SBR or the forum that SBR wouldn't normally see from "players that use the forum". If there is a dispute above $500 you'll hear about it like do elsewhere. Maybe PM will raise it along with their limits.
                                                      Comment
                                                      • Max009
                                                        SBR Sharp
                                                        • 10-13-09
                                                        • 439

                                                        #28
                                                        Originally posted by Bill Dozer
                                                        It's good that Parlaymakers wants to accelerate the feedback process. It's also a vote of confidence in their own service that they wont be sending complaints to SBR or the forum that SBR wouldn't normally see from "players that use the forum". If there is a dispute above $500 you'll hear about it like do elsewhere. Maybe PM will raise it along with their limits.
                                                        Bill,

                                                        Thanks for your response. It must have been a long day because you are normally very articulate and that post comes off a little hard to understand. Are you saying that we should raise the dispute limit for binding arbitration? What do you think the dispute limit should be? I am open to the idea.

                                                        I would also point out that we are the only sportsbook that has agreed to binding arbitration of any sort for any amount with SBR.
                                                        Comment
                                                        • Igetp2s
                                                          SBR MVP
                                                          • 05-21-07
                                                          • 1046

                                                          #29
                                                          Max, is it true what somebody said a few posts back that you are only taking 4-10 bets a day? And now you're upping limits to $4,000? That seems kind of scary. With that kind of volume, can't 1 hot streak by 1 guy wipe you out financially?
                                                          Comment
                                                          • Max009
                                                            SBR Sharp
                                                            • 10-13-09
                                                            • 439

                                                            #30
                                                            Originally posted by Igetp2s
                                                            Max, is it true what somebody said a few posts back that you are only taking 4-10 bets a day? And now you're upping limits to $4,000? That seems kind of scary. With that kind of volume, can't 1 hot streak by 1 guy wipe you out financially?
                                                            Thanks for the question. We would not have increased the limits if that were the case.
                                                            Comment
                                                            • BigDaddy
                                                              SBR Hall of Famer
                                                              • 02-01-06
                                                              • 8378

                                                              #31
                                                              max are you guys rated by SBR?
                                                              Comment
                                                              • THE_LOCKSMITH
                                                                SBR Hall of Famer
                                                                • 08-25-08
                                                                • 7237

                                                                #32
                                                                don't see it rated
                                                                Comment
                                                                • Igetp2s
                                                                  SBR MVP
                                                                  • 05-21-07
                                                                  • 1046

                                                                  #33
                                                                  Originally posted by Max009
                                                                  Thanks for the question. We would not have increased the limits if that were the case.
                                                                  You can see though why raising your limits from $250 to $4,000 looks a little suspicious right? Most books don't raise their limits 16X just like that.
                                                                  Comment
                                                                  • thespeculator
                                                                    SBR MVP
                                                                    • 09-09-08
                                                                    • 2999

                                                                    #34
                                                                    are the higher limits going to be available for teasers in football
                                                                    Comment
                                                                    • katstale
                                                                      SBR MVP
                                                                      • 02-07-07
                                                                      • 3924

                                                                      #35
                                                                      Originally posted by THE_LOCKSMITH
                                                                      Looks like they finally got the MoneyBookers up on Parlaymakers, curious to see how these instant payouts will work out on MoneyBookers
                                                                      Por favor, if anyone can give a report/details about how their system works with Moneybookers--or if they would explain it here--I am sure their liquidity would jump quite a bit.
                                                                      Comment
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