VIP Sports update

[SBR Lou]

VIP Sports tells SBR that all future bets were refunded to players on July 1st, 2011. VIP launched notices via its family of sportsbook websites and email asking bettors to withdraw their balances before the operation closed doors on August 1st, 2011.

Three players have written to Sportsbook Review stating that a total of $1,700 was not paid to them as they had not responded to VIP's notice to withdraw funds by the given deadline. SBR is discussing these players situations with VIP management asks all bettors who have not received balances held at VIP, Nine.com or BetGameday to write to help@sportsbookreview.com with their account usernames and balance information.

[Sd76er]

Thank you.

[Santo]

Whilst a refund is certainly preferable to not, was there not a ton of critique when MB left the US demanding all futures should be paid at current market value, not refunded?

[kisado]

I think Futures bets should stand.

[nyplayer33]

they are closing up shop..why should future bets stand...they didnt sell or transfer there book to another..they are out of business

[Santo]

When Aussie books went under in the past, they still paid futures bets at expiry (or the regulator did using bonded funds).

[Seattle Slew]

I never received one e-mail from VIP during the entire closing process. Fortunately, I read here that they were not taking US deposits anymore and was able to cash out.

I'd say there are many people who are going to try and log on in September and be in for a surprise.

[SBR Lou]

Anyone that didn't request their balance in time, please email help@sportsbookreview.com with your account username and what you're owed.