Tipico Sportsbook's letter to player:
What is 'organised betting' or syndicate play?
A betting syndicate is a stable of sports bettors who work in collusion to beat sportsbooks. Often, bettors pool together their resources to attack sportsbooks, circumvent their limits, beat them to line moves, and to conspire to place wagers on the same events simultaneously in a very short amount of time.
Tipico's Malta gaming license
Online sportsbook operators have favored Malta for the country's lax gaming license requirements. The following sportsbooks have flatlined, completely going offline whilst proudly displaying a Lotteries and Gaming Authority license on their homepage footers: Sportsbook Review (SBR rating F), Sportsbook Review (SBR rating F), Sportsbook Review SBR rating F). Other sportsbooks like Sportsbook Review (SBR rating D+), ComeOn (SBR rating C-), and Sportsbook Review non-US (SBR rating D-) are also headquartered in Malta with a respective gaming license.
Tipico has been assessed with an initial rating of D-, good for a spot on the scam sportsbook blacklist. SBR will attempt to reach Tipico management to discuss this complaint.