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News on scam sports betting operations, events and business deals within the offshore sports gambling industry.

BetAtHome Sportsbook player locked out of account with €1398 balance

08.29.2014

A BetAtHome Sportsbook (SBR rating C-) user has submitted an SBR complaint. The player opened his account with BetAtHome on August 24. He deposited €200 via Skrill and received a 50% signup bonus which added to his balance by €100. He experienced success following the deposit, increassing his balance to €1398. On August 28, he requested a withdrawal of €300. As part of meeting the Know Your Customer (KYC) requirements, he was asked to send a copy of his passport. He obliged the request within a day. BetAtHome meanwhile has suspended his account and allegedly declined to provide additional information to the client concerning his account status or ability to be paid his balance, which he claims to have earned fairly and in accordance with the terms and conditions of the sportsbook. Sportsbook Review is following up on the complaint.

Best Sportsbook Bonuses grid updated

08.28.2014
Sportsbook bonuses can be intimidating for new players. Navigating between bonus types is challenging enough — what between free play, cash, free bet — where's the sign up button? Throw rollover or play-through requirement in the mix and you might be ready to say to heck with the bonus and fire in a deposit with no frills. Sportsbook Review recognizes this uncertainty had by new players, and have attempted to simplify the shopping experience by reinventing the sportsbook bonuses directory.

The "True Bonus" formula is very simple. First, let's understand that online sportsbook require a certain amount of action before promo dollars can be withdrawn as cold, hard cash. This volume is generally referred to as the rollover or play-through amount. If you take a cash bonus of 10% - $30 on a $300 deposit - a single rollover is $330. Multiply this amount by whatever the required rollover is for your given bonus. A two-time rollover on a 10% cash bonus makes for a true bonus of 5%. With freeplays, you have roughly a 50/50 shot of winning your bet(s) and adding funds to your balance. A $500 freeplay bonus would automatically be valued at $250 — so a 100% free play with a 5X rollover would have its true bonus value computed by diving the bonus percentage in half. This is not to say all bonuses are created equal: It is very possible that more total value can be afforded with a free play bonus. As a result, Sportsbook Review has sorted the best sportsbook bonuses directory in order of the true bonus value per play.

Other columns include the maximum bonus redeemable in a given bonus, restricted countries, and rollover required. Sportsbook Review researchers update the bonus listings daily to ensure that players have a real-time information grid that makes their decision on where to deposit for football season that much simpler. Players should note that SBR has listed all sportsbooks rated C- or higher in the best sportsbook bonus directory; sportsbooks are not ordered in accordance to SBR standing.

08.27.2014

Bitcoins have soared in value and popularity since being put on the map by a research paper in 2008 under the name Satoshi Nakamoto. The cryptocurrency is traded in peer-to-peer fashion absent a central repository or overseer; the US Treasury has described bitcoin as a decentralized virtual currency. While users appreciate bitcoin for the low fees and relative anonymity behind online purchases, regulatory bodies are quick to point to the potential of money laundering and other evils associated with virtual currency. A crop of bitcoin ATMs have surfaced worldwide as bitcoin becomes increasingly mainstream: Bitcoin is recognized as a payment option among major online retailers such as Overstock.com and others; the negative press from black market sites like The Silk Road fading as the value of bitcoin climbs. As of this publication a single bitcoin (BTC) is worth $514.43.

Online sportsbooks & Bitcoin

There is plenty of technical mumbo-jumbo to get lost in when researching bitcoin, but one area of relevance to Sportsbook Review readers is the ease which bitcoin can be traded and used to deposit to betting sites. In an online sportsbook industry where processing costs are more exorbitant by the day, a low-cost option that allows clients to deposit without a trip to the local convenience store is welcomed with open arms. Still, there remain technical hurdles to properly implement bitcoin into online cashiers, as well as the fact that your average Joe may not even understand what a bitcoin is yet, and these areas still must be overcome for bitcoin to truly become commonplace in the online sportsbook industry. 5Dimes Sportsbook is the first major company to officially support bitcoin following the conclusion of a closed beta test between staff and players. 

Creation of Bitcoin Sportsbooks review guide

Sportsbook Review has established a bitcoin sportsbooks guide which lists all known betting sites to offer bitcoin. The list is being updated daily as new websites surface, and only sportsbooks which have proven to be legitimate will carry an SBR Rating. SBR welcomes feedback from players on the categories which are important to them when choosing a bitcoin sportsbook. The first version of the bitcoin sportsbooks guide includes categories such as date established, server location, minimum and maximum payouts, as well as screenshots of each platform. The bitcoin sportsbook guide also features a real-time updating widget which shows the current BTC price in USD. Sportsbook Review news host Natalie Rydstrom introduces the bitcoin guide in a video released this morning, which can be found in this report's inner page.

BetUS player has account closed; winnings yet to be paid

08.26.2014

A BetUS Sportsbook (SBR rating D+) player has filed a complaint. The player has stated he made two $1,000 deposits last week through bank card. His balance was increased to $7,975.44. He tells SBR that he requested his first payout from BetUS Sportsbook today, the morning of August 26, and was told that his account was being closed on the grounds that he is not a recreational sports bettor. The player has no problem with his account being closed but rightfully demands his winnings. Sportsbook Review has followed up with the betting site to inquire on when the player will be paid his winnings.

5Dimes sportsbook adds 32 Emmy prop bets

08.25.2014

Online sportsbook 5Dimes (SBR rating A+) has added another 30 wagering markets on the 2014 Emmy Awards. The wagering options consist of a complete selection of 2-way markets for each bet vs. the field. Sportsbook Review has updated the Emmys Prop Betting directory with these wagering markets from top betting sites.

NFL Betting Contest: $20,000 + 1.5 million points

08.24.2014

The exclusive NFL Beat The Prick betting contest is up to 850 members since opening three weeks ago. The tenth edition of the contest gives away $20,000 in prizes to the top 25, as well as a pot of 100,000 points per week to all participants who outperform pro handicapper "The Prick". The contest is based on making five weekly NFL or NCAAF picks from the available pointspread and total wagers through the first 15 weeks of the NFL season. In a week where "The Prick" goes 5-0-0, nobody wins. Join the 10th annual Free NFL Football contest and pad your bankroll for the upcoming football season.

Sportsbook News week in review, iGaming video

08.23.2014
In this week's online sportsbooks and casinos news show, SBR newswoman Natalie covers the latest topics to hit the Sportsbook Review newswire. These topics include one recent report on blacklisted sportsbook VIPSports.eu (SBR rating D-) and a complaint filed by a player over a $2,000 winnings confiscation. The player told SBR that his profits were largely derived from his winning an NHL Playoffs MVP bet; he claims that VIPSports.eu shut down his account and refunded only his deposit, labeling him a "professional player" and refusing to honor his winnings. Sportsbook Review twice followed up with the online sportsbook and the manager behind its parent company — BTG Global NV — but was told that the sportsbook would not be discussing details of the complaint. The case remains open.

The online sportsbook news show also touches on more positive news, including popular online sportsbook Heritage and their announcement launching new player programs including debuting -105 style sides and totals. The change comes four years after Heritage lowered their reduced juice pricing from -110 to -108. For more information check the Heritage sportsbook review by SBR.

Three new Online Sportsbooks added to Emmys Betting List

08.22.2014

Three new online sportsbooks have been added to the Emmy Awards Categories prop betting list. The entirety of the selection on offer from 5Dimes Sportsbook, Bookmaker, and Youwager are available on the page. The best line is rated where an identical market is offered; for example, the page lists 2-way, 3-way, and multi-way markets and where applicable a label indicating the best available line. For bettors backing the favorite of a given market, such as Matthew McConaughey to win for outstanding lead actor in a Drama Series for his work in HBO's critically acclaimed "True Detective", the best available line has McConaughey as a 1 to 3 favorite or -300. This means a $300 wager returns $100 in profit. The best side to bet the underdogs in the market are listed on-page in accordance with the market type.

5Dimes only online sportsbook with lines on Saturday's first NCAAF game

08.22.2014

At the time of this posting 5Dimes and sister sportsbook Sportbet are the only online betting sites to offer odds on Sam Houston State @ Eastern Washington. The line opened back in June at 3.5 and was bet up to 7.5 by the start of July. The total is currently set at 71.5. BetOnline joins 5Dimes as the only other book to offer betting odds on the seasons second game Abilene Christian @ Georgia State. For bettors backing Abilene Christian SBR Odds shows BetOnline giving +5.5 at a price of -110. For those looking to back the favorite, 5Dimes is offering Georgia State at -4.5 -120. Most of Las Vegas and sports bettors worldwide consider the real start of the season August 28th where power teams like Texas A&M and Minnesota, which opened at a 33 point favorite, start their seasons. Nearly all online bookmakers are offering a full card for Thursday with the exception of the Minnesota super spread currently at -26. 5Dimes and BetOnline are also alone currently in offering a betting line.

08.21.2014
A VIPSports.eu (SBR rating D-) player has blogged on the Sportsbook Review forum that more than $2,000 in winnings have been confiscated. He claimed that his deposit was refunded but his winnings were not paid. The bulk of his balance was generated by a winning bet on Justin Williams to win the Conn Smythe Trophy — the NHL's equivalent of the playoffs MVP — and that the wager paid far less than the price offered by online sportsbooks such as Betsson and others. He has claimed that VIPSports.eu labeled him a "professional bettor" and denied his winnings after closing his account. Sportsbook Review followed up with VIPSports.eu and its parent company BTG Global NV; no comment was given on the sportsbook dispute. SBR agreed to post a statement on behalf of the sportsbook if one were provided. The dispute remains open. Sportsbook Review will update this report. The player's full complaint can be accessed from the article view of this industry news piece.

Sportsbooks Bovada and SportsInteraction first to publish Emmy odds

08.20.2014

Online sportsbooks Bovada (SBR rating A) and SportsInteraction (SBR rating B+) are the first to release Emmy odds. Sportsbook Review has a listing of all Emmys prop bets which is being updated hourly as odds move and markets are added. Based on last year's market, it is expected that at least five more online sportsbooks will release a serving of Emmy prop odds. These wagering markets typically provide good value and are added more as entertainment than profit generators from the perspective of online bookmakers. The 66th annual primetime Emmy awards take place Monday August 25 from downtown Los Angeles.

08.19.2014

Online sportsbook HeritageSports.com announced this morning that it has lowered its reduced juice offering from -108 to -105. In 2009 Heritage officially moved to reduced juice by lowering from standard vig at -110 to -108. Heritage tells SBR that the lower pricing has increased customer retention; additionally players have consistently voted Heritage in the top five online sportsbooks poll in part due to the discounted pricing model. Players should note that Heritage also has other linesets that can be chosen in lieu of the -105 style pricing if a bonus program were preferred. There are three account programs: -105 style pricing for sides and totals, -108 style pricing with cash back and contest perks, or a 50% free play big bonus model. Players can change their selected program semi-annually; two weeks prior to and after October 1st and April 1st. Users are advised to select the program that best suits them for football wagering as soon as possible. As a result of the offering, Heritage has moved to the #2 spot in the SBR reduced juice sportsbook list and has been ordered higher on the best sportsbook bonuses page with the addition of the larger deposit bonus.

BetSonic player files Bait & Switch sportsbook bonus complaint

08.18.2014
A BetSonic (unrated) player has claimed to have been victim of bait and switch tactics. The player tells Sportsbook Review that he received a targeted email promotion advertising a €50 cash back incentive. The mailer confirmed that the perk was open to all clients from a certain region - where the player resides - and that aside from location, the only other requirement was an account balance of less than €1. As for the redemption of the cash back wager, the client was instructed to place his first bet following his deposit on any English Premier League event for €50 or more. Should the wager lose, a cash back credit equivalent to the amount lost on the wager would be credited by the sportsbook. The player followed the sportsbook bonus terms exactly as outlined, but upon his requesting the bonus be applied to his account, he was told that BetSonic has decided to not apply the player the backend bonus. The following terms and conditions were cited when the player inquired what gave the sportsbook the right to rescind the offer:

BetSonic "The company reserves the right to deny any bonus to any client without explanation."

Sportsbook Review is following up on the player's complaint.

Free NFL Contest registration open

08.17.2014

The annual and exclusive Beat The Prick handicapping contest has had 678 players join in the less than two weeks since the contest has been open. The flagship football contest is in its 10th year and gives away a jaw-dropping $20,000 in prizes, plus 100,000 points per week to all users who outscore contest mascot "The Prick". The premise of the contest is to pick 5 NFL or NCAAF picks per week from the pointspreads and totals offered by SBR Contests. The lines update in real time; the caveat is that you cannot pick exactly the same or opposite as "The Prick"; those who do better in a given week while maintaining at least positive units receive their share of the weekly prize-pool, and credit toward the season ending cash prizes. The free football contest remains open for registration and is slated to begin the first week of the 2014-15 NFL season.

HRWager Sportsbook complaint

08.15.2014
Update: Sportsbook Review has spoken with both the player and HRWager management. A statement was provided by HRWager concerning the dispute; the player has confirmed that he was told his payout was erroneously voided by the third party processor in question, and is following up with the third party to correct the situation. The dispute is considered closed.

An HRWager Sportsbook (SBR rating C-) player has launched a complaint in the SBR posting forum. The player has claimed he has not received $700 allegedly sent by the sportsbook in a withdrawal requested this week. He has been advised by the payment processor in question that the funds could not be retrieved.

HRwager Sportsbook players with feedback are encouraged to write to mail@sportsbookreview.com.

08.14.2014

Update: The Netbet Sportsbook complaint reported on in the iGaming News video has been resolved. Sportsbook Review reported that a Netbet player complained that his €800+ in winnings were unfairly confiscated after Netbet accused him of violating their terms and conditions due to his having previously created an account in 2012. The account was dormant, and SBR argued that an inactive account which went unused is irrelevant should not cause a funds confiscation to be enforced. While Netbet did not respond to the SBR complaint, the player has confirmed that the betting site reversed their decision and agreed to pay his earned winnings. Sportsbook Review considers the dispute against Netbet closed.
 

Other topics covered in the online betting sites news video include a dispute raised by a player against Matchbook (SBR rating B+). The player is attempting to withdraw a $9,200 balance following Matchbook's exit from the Canadian market as reported by SBR on 21 July 2014. The player's situation was complicated by his leaving Canada for the United States (where he is from originally) one month prior to the Matchbook exit. He intended to travel to another location to resume his play with Matchbook but was advised his closing balance would have to be paid out back to his Canadian bank account. The player has claimed that upon his exit of Canada he closed his bank account. In order to comply with Matchbook's request, he tells SBR that he returned to Canada on 4 August 2014 and opened a new bank account.  The player has reported being told he must produce six months worth of banking statements from the newly created account in order to be paid his closing balance. SBR has confirmed through the branch that a non-resident is required to open an account in person; there appears to be no dispute the player is presently in Canada. SBR is asking Matchbook if a notarized letter from the bank itself could allow the player to be paid his closing balance.

Online sportsbooks Bodog and Bovada tech issues

08.14.2014

Update 11:39AM ET: The websites are back online.

Online sportsbooks Bodog (SBR rating A) and Bovada (SBR rating A) have been down since approximately 1AM. Sportsbook Review has been told by a manager familiar with details of the outage that the downtime has been caused by technical failure of a main switch. The sportsbooks are expected to be back online today although no timeline has been offered.

NFL Prop Bets Directory at SBR

08.13.2014

Sportsbook Review has updated the NFL Football Prop Bets page with a directory of proposition bets offered by online sportsbooks. These markets include the Super Bowl winner, division and conference winner bets, the Regular Season wins market as well as obscure prop bets. In addition to the futures markets, individual game propositions will be loaded throughout each week of regular season play. The online sportsbooks listed in the directory are all in good standing; gamblers eager to post up for the upcoming NFL and NCAAF campaigns should consider standing of a potential betting site. SBR resources such as the sportsbook blacklist are updated with betting sites which should be avoided, as well as the companies that are known as outright scams.

Netbet player vs. Sportsbook: Unused 2012 account

08.12.2014

A Netbet Sportsbook player has submitted an account dispute. The player registered with the betting website earlier this month and had some initial success with his bets, winning €832 off a €20 deposit. He submitted his account ID and had his documents approved. He then tells Sportsbook Review that he requested his first payout from Netbet. The player states that Netbet then advised him that his withdrawal could not be processed as he has another account with the shop - registered in 2012 - and that he violated their multiple accounts policy. The player counters with the argument that he had never funded his first account making it inactive and irrelevant and forgot it even existed. He was advised that his deposit would be refunded and given no update on the status of his winnings. The player's confusion may stem from Netbet migrating his player details over from Bet770 Sportsbook, which rebranded under the Netbet Group in the summer of 2013. Sportsbook Review is investigating the complaint. If the complaint is as simple as stated by the player and he did not already use a free bonus offer on the old account, he would be owed his winnings. Having old dormant accounts at an online sportsbook is not a reason to confiscate winnings after the book allowed him to risk his funds. In this scenario he would not be eligible to receive his losses if the outcome was reversed; this equates to the sportsbook taking a shot at him where he can only lose money.

08.11.2014

The InstantActionSports (SBR rating C) payout complaint reported on July 22 remains outstanding. The betting site owes a player $5,000. The player claims to have received the run around when inquiring on when his funds would be paid. He is up over $8,000 lifetime with InstantActionSports. Sportsbook Review reported in April of last year that InstantActionSports credited a player with $5,000. The player previously operated an account with 24SportsWeb, a sportsbook which went off-line without paying all of their players, and used the InstantActionSports eWallet processing to accept deposits from some international players. 24SportsWeb went off-line on January 21st, 2013. Sportsbook Review reported in February that management initially dodged questions on 24SportsWeb, which had $35,000 in no-pay complaints submitted by users. InstantActionSports later agreed to pay all players who lost their balances with 24SportsWeb who deposited via Skrill. 24SportsWeb clients that had deposited directly without using eWallet never recovered their funds. Sportsbook Review video host Natalie expands on the slow-pay complaint in an online sportsbook news video released earlier today.

Sportsbook Bonuses page updated

08.10.2014

Two new online sportsbooks have been added to the best sportsbook bonuses directory. The bonus page contains a list of online sportsbooks rated C- or better by SBR and is ordered by what is referred to as the "True Bonus". The true bonus is an amount which measures the ratio of the strength of the bonus offering by the rollover or play-through requirement. If you're looking for a top sports betting site ahead of the upcoming Americna football season, the best sportsbooks directory is a good place to start.

08.08.2014

In today's sportsbook iGaming news video, host Natalie covers the recent sportsbook report on Triobet Sportsbook (SBR rating D) and their decision to confiscate a player's earned winnings. Triobet accused the player of violating their terms and conditions; Triobet cited two rules which did not apply to the situation and would not expand with additional details by blaming their privacy policy. SBR pointed out that the player electronically consented to having the case mediated, though the dispute remains outstanding. The full video report is accessible by continuing to the full page of this sportsbook news entry.

Youwager Sportsbook removes Skrill from cashier

08.07.2014

Youwager Sportsbook (SBR rating B+) no longer offers Skrill to their international customers. Management has told SBR that it is a business decision. International users who are located outside of Canada are able to use bank transfer to reload or take payouts from their accounts. Youwager players with feedback on the policy change are encouraged to write to mail@sportsbookreview.com.

08.06.2014
Sportsbook bonuses can be complicated for new gamblers. There are offerings ranging from the usual cash bonus that works by being credited to the player's balance, to freeplays where only the bonus winnings are returned to the player's balance, as well as match bets that can be tied to specific events and are typically more nominally priced. Sportsbook Review has broken down sportsbooks bonuses and sorted them by the "True Bonus". The best sportsbooks bonuses page was updated today with a video guide from newswoman Natalie.

The True Bonus formula is very basic and easy to follow. Essentially, every online sportsbook bonus has a requirement of betting the deposit amount times bonus amount. This is referred to as the play-through or rollover requirement. For example, if you were to take a bonus of 10%, say $10 on a $100 deposit, one play-through amounts to $110. So with a 3X play-through, the total wagering amount required before a withdrawal of funds is $330. Now if you have been credited with a freeplay, and this is a simplification, you have a 50/50 shot of winning your bet(s) and at adding those winnings to your balance. A $100 freeplay bonus is automatically being valued at half that as $50.  If you received that freeplay following a deposit of your own $100 cash, and the play-through requirement is 3 times, you are required to bet the amount of your $100 deposit multiplied by your bonus amount three times, for a total of $600 in action required.

Players sometimes remark that they dislike freeplays or even match bets, however if you have a low rollover requirement of just 1X, versus a 10X for a typical cash bonus, the freeplay of the same amount is much more valuable. This is why Sportsbook Review has ordered the bonuses page by the amount given per play-through required; this places “bonus amounts” on a similar scale. This is the science behind the bonus per rollover or "True Bonus".