BetChance scam continues after scattered payouts

[bigboydan]

BetChance (SBR rating D-) scam continues after scattered payouts

Many players who filed a complaint reported payment at the start of April. BetChance failed to pay players at the close of 2007 and beginning of this year. The sportsbook was upgraded from F to D- in April to reflect the possibility of payment. Players have since wrote to SBR strongly objecting to the sportsbook having a rating above F-. BetChance payouts have not continued while its marketing campaign has. BetChance is telling players they are only able to withdraw the amount they deposited. The result is new players depositing in an effort to win money the book will not pay.

Player to BetChance:

I am still waiting on a response to my email from 31st January 2008 (10 weeks ago !!!). Furthermore there are 5 open withdrawals over 5000 Euro in total. Please let me know within 7 days when you will payout this amount. Please regard that sportsbookreview.com has changed your rating from F to D- on 7th April and I think that you won't be pleased if your rating will changed again to F.

[citlec]

I was very surprised Betchance was upgraded even with all the payouts still pending. I have a payout request of $2000 still pending since August 2007 and i cant withdraw my balance of $8,000 either. I can not believe they are still offering deposit bonuses for new customers with the intention of not paying them. There is no other way in describing this bookmaker than a scam bookmaker.

[katstale]

I can not believe they are still offering deposit bonuses for new customers with the intention of not paying them. There is no other way in describing this bookmaker than a scam bookmaker.

Sounds like they borrowed the Lenny/Cascade method of running a book.

[lucky]

I was very surprised Betchance was upgraded even with all the payouts still pending. I have a payout request of $2000 still pending since August 2007 and i cant withdraw my balance of $8,000 either. I can not believe they are still offering deposit bonuses for new customers with the intention of not paying them. There is no other way in describing this bookmaker than a scam bookmaker.

i have $6000 pending since august 2007 too

[bigboydan]

Sounds like they borrowed the Lenny/Cascade method of running a book.

Fits the LazerWager method too Katstale.

[JoshW]

It seems that mainly deposits were refunded as payouts. Any wins as a rule don't seem to have been paid out. It is something positive, but a long way to go to get hundreds of players paid hundreds of thousands of dollars.

[chachi]

I know of dozens of players from another forum site who are owed over $40k , not counting one who claims a $50k + balance being stranded there for over 9 months now.

Seems the Malta regulators can't be bothered to intervene in any meaningful way (apparently as long as BC continue to make occasional payouts of a hundred here and a hundred there they are willing to let the charade continue)