Betway continues to steal player winnings; players also report theft of deposits

[bigboydan]

Betway (SBR rating D-) continues to steal player winnings; players also report theft of deposits

The sportsbook initially told players their winnings were void due to their style of play. Betway targeted users who wagered in order to meet the rollover requirement for the bonus as fast as possible before withdrawing. Players have since reported that the sportsbook is closing accounts and confiscating winnings as well as deposits without attempting to explain its actions. This progressive level of theft is often a sign of financial problems. Balance confiscation is likely the sportsbook's only answer to dealing with winning players. Betway does not appear to employ a risk management department or attempt to safeguard promotions against non-recreational players. Users are advised to withdraw their funds as soon as possible. The sportsbook has been downgraded to D-, one month after a downgrade from C.

[Champi]

10 Jul 08 Receive Money from moneybookers@gnuf.com 456.00 USD processed

Now i will reduce my balance to minimum there.
I found in last month that my limits are better 100-200 (50-98 max before).

[HeeeHAWWWW]

Really odd this - you can understand when books with huge bonuses, ultra low juice or terrible line management get into trouble, but betway have none of these. Their bonus is tiny, juice is high, and line management merely average (my oddstracker software hardly ever shows them with the market's best price).

[Champi]

Really odd this - you can understand when books with huge bonuses, ultra low juice or terrible line management get into trouble, but betway have none of these. Their bonus is tiny, juice is high, and line management merely average (my oddstracker software hardly ever shows them with the market's best price).

True i dont want to defend Betway-but all problems are connected with their crap bonus

This dont give them a reason to steal players funds(same situation like Gold Victory i think) ,but bet process is Ok and i dont expekt void of bets and slowpay mode.
For me they cant be F rated at the moment because i and few my friends players with old account still can bet and cashout without problem.

This is from today

Gnuf Limited (moneybookers@gnuf.com).

Payment details

Amount: USD 330.00

[moonbeam]

withdrawal received within 18 hours from betway via moneybookers

I can´t confirm they are a shit book

also they never void any of my bets

but there´s a lot of shit books with a A or B rating around.

[Stumpage]

Really odd this - you can understand when books with huge bonuses, ultra low juice or terrible line management get into trouble, but betway have none of these. Their bonus is tiny, juice is high, and line management merely average (my oddstracker software hardly ever shows them with the market's best price).

Perhaps they're just simply run by morons...Or outright thieves.....

[Justin7]

We just received a slow-pay complaint dating back to May 28th. I hope this is simply a misunderstanding, but I'll detail more when all is done on Betway's end.