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SPORTS BETTING INDUSTRY NEWS RSS

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

12.05.2012
First Cagayan, the gaming license provider based in the Philippines, has addressed the DafaBet (unrated) syndicate betting disputes reported by Sportsbook Review.com earlier this week. A First Cagayan manager indicated that all player claims involving licensees are investigated, and that one of the DafaBet players has already contacted the company for help.

12.04.2012

Sportsbook Review.com news anchor Natalie Rydstrom and dispute analyst Justin give an SBR Industry News update for Tuesday, December 4th, 2012. Today's topics include the recent accusation of syndicate betting by two sports betting sites, as well as other outstanding news items from the SBR newswire.

12.03.2012

DafaBet (unrated) has accused a player of "illegal betting patterns" and confiscated €516 in winnings + bonus money. This is the second report from a DafaBet player in as many weeks. The two unrelated players detail similar events: Their funds were confiscated, a generic note given from customer service, and only their deposited funds left in their accounts.

12.03.2012

An EnterBet (SBR rating D-) claims a $4,000 balance has been confiscated. The player states that after two months of waiting for a status update on a requested payout, EnterBet claimed someone linked to the player reversed a charge. EnterBet closed the player's account and provided no other details. The player denies the charge. SBR is investigating.

12.03.2012

A BetPhoenix (SBR rating C) player reports that after more than two years, his $129,000 balance has nearly been withdrawn in full. The player tells SBR that the payment plan was at times slow-moving, with each payout request being accompanied by a $100 fee. A second BetPhoenix player reported publicly on a $100,000 balance being paid by BetPhoenix over a period of seventeen months. SBR notes that the two players were deemed non-recreational by the sportsbook. SBR encourages users who bet both big and small to submit payout feedback from BetPhoenix Sportsbook.

12.02.2012

The WagerWeb Sportsbook (SBR rating D+) player owed $2,500 from the payout dispute reported by SBR in August of 2011 has been paid in full. WagerWeb cited concerns that the player could have received the payout already via a bank processing situation as reason for the delay. This dispute is now closed.

11.30.2012
Betfair Sportsbook (SBR rating A-) has left the Greek market. This marks the second withdrawal of the month from a European market, as Betfair also announced its departure from German market. Betfair cited regulatory and tax concerns as contributing to their decision. SBR news anchor Natalie discusses this topic and more in today's SBR iGaming News program.

11.29.2012

A BetOnline Sportsbook (SBR rating B+) player reports that his $25,000+ balance has been locked, pending a poker audit. Management tells SBR that suspicious circumstances flagged the player's account — four players each transferred $470 to the poker room following a credit card deposit, then lost their funds to the player within a 24 hour window. SBR will update this report.

11.29.2012

ToBet Sportsbook (SBR rating C) is unwilling to revisit their decision to confiscate the winnings of a player they allege was part of a betting syndicate. Unlike one player working with others to circumvent limits or one player having multiple accounts, which is a clear violation of standard terms, these "syndicate" players could simply be friends with legitimate accounts who share the same opinion and are innocent of any wrongdoing. In the past we have seen SBG Global claim that innocent players following a winning local radio tout were guilty of syndicate play. They were cheated out of winnings and were not guilty of any wrongdoing.

11.29.2012

ToBet Sportsbook (SBR rating C) is unwilling to revisit their decision to confiscate the winnings of a player they allege was part of a betting syndicate. Unlike one player working with others to circumvent limits or one player having multiple accounts, which is a clear violation of standard terms, these "syndicate" players could simply be friends with legitimate accounts who share the same opinion and are innocent of any wrongdoing. In the past we have seen SBG Global claim that innocent players following a winning local radio tout were guilty of syndicate play. They were cheated out of winnings and were not guilty of any wrongdoing.

11.29.2012

ToBet Sportsbook (SBR rating C) is unwilling to revisit their decision to confiscate the winnings of a player they allege was part of a betting syndicate. Unlike one player working with others to circumvent limits or one player having multiple accounts, which is a clear violation of standard terms, these "syndicate" players could simply be friends with legitimate accounts who share the same opinion and are innocent of any wrongdoing. In the past we have seen SBG Global claim that innocent players following a winning local radio tout were guilty of syndicate play. They were cheated out of winnings and were not guilty of any wrongdoing.

11.29.2012

ToBet Sportsbook (SBR rating C) is unwilling to revisit their decision to confiscate the winnings of a player they allege was part of a betting syndicate. Unlike one player working with others to circumvent limits or one player having multiple accounts, which is a clear violation of standard terms, these "syndicate" players could simply be friends with legitimate accounts who share the same opinion and are innocent of any wrongdoing. In the past we have seen SBG Global claim that innocent players following a winning local radio tout were guilty of syndicate play. They were cheated out of winnings and were not guilty of any wrongdoing.

11.28.2012
A DafaBet (unrated) player submits a sportsbook complaint. The player registered on November 6th, depositing €160 and receiving an unspecified deposit bonus. The player states that he increased his balance to approximately €700 after one day.  DafaBet then shut the player's account and refunded his deposit

MarathonBet added to ratings guide, SBR Industry News

11.27.2012
News anchor Natalie Rydstrom and dispute analyst Justin give an SBR Industry News update for Tuesday, November 27th, 2012. Discussed are outstanding items from the SportsbookReview.com newswire, as well as the recent introduction of MarathonBet to the SBR sportsbook ratings guide.

11.26.2012
Intrade, the popular online trading exchange, will no longer serve the US market. In a letter explaining the decision to account holders, Intrade cited mounting legal and regulatory pressure. US customers have been instructed to close all open predictions and withdraw their balances prior to December 31st.

11.26.2012

Earlier today, SBR reported on a BetRevolution (SBR rating D+) NFL betting dispute. A punter had his wager voided rather than settled, with a generic e-mail note indicating that such cancellations are normally attributable to pricing mistakes. SBR verified that the bet was in-line with the market prior to closing, and approximately 20¢ behind at kick-off.

11.26.2012

A BetRevolution (SBR rating D+) player submits an NFL betting dispute. The player made a first half wager on the New York Giants, priced at -130, for $650. The bet was placed at 7:55PM, approximately 35 minutes before kick-off. The player claims that after the first half wager had been decided, his wager was cancelled with a generic note from BetRevolution.

11.23.2012
SportsbookReview.com news anchor gives an SBR iGaming News video update, reporting for Friday, November 23rd, 2012. Topics include acquisitions and deals made by select companies, as well as an update on the US Department of Justice appointing a claims administrator to handle repayment of US-based Full Tilt Poker player balances.

11.22.2012

Congrats to the winners of tonight's free SBR Poker tournament held in honor of Thanksgiving. SBRforum poster "RudyRuetigger" took down the top spot, winning a brand new iPad. SBR Poker is a free, points based platform available to SBR Forum community members. Visit SBR Forum Poker for program details.

11.21.2012

A BetWay Sportsbook (SBR rating D-) players files a bonus dispute. The player claimed he deposited €200 to BetWay two months ago, receiving a 25% bonus. The player claims that he has since been limited to less than €40 per wager, making his bonus rollover more difficult. SBR is following up with the sportsbook on the player's behalf.

11.20.2012

Sportsbook Review.com news anchor Natalie Rydstrom and dispute mediator Justin7 combine to deliver an SBR industry news update for Tuesday, November 20th, 2012. A BetUS Sportsbook dispute is discussed as well as other items from the SBR news bag.

11.19.2012

Win United Ltd. CEO John Overett joins SBR for a telephone interview to discuss YouWin Sportsbook as well as the recent rebranding of Sportsbook.com Global to UWin. On September 28th, 2011, Win United Ltd acquired all Sportsbook.com (SBR rating D-) non-US based, rest of world players.

11.18.2012

Bookmaker Sportsbook (SBR rating A+) has added the open parlay betting option to their sportsbook. Open parlays have increased in popularity and allow a player to keep slots open in a parlay to be filled at a later date. SportsbookReview is preparing a video review update to highlight this and other changes to the Bookmaker platform.

11.17.2012

Update 12AM CST: BetIslands is back online.

Update 8PM CST: BetIslands tells SBR the server related outage should be resolved within two hours. The BetIslands Sportsbook (SBR rating B) website and its mirror are currently inaccessible. Players are able to call in for CS or to place wagers by dialing 1-877-314-6605. SBR will update this report as more information becomes available on the status of the website.

11.16.2012
SBR news anchor Natalie Rydström provides an SBR iGaming News update for Friday, November 16th, 2012. Today's topics include an update on Full Tilt, PokerStars, and French accounts; as well as an update on the controversial gaming legislation proposed by US Senators Harry Reid and Jon Kyl.