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

Winning Copa America quarterfinals wager voided

07.26.2007
BetUs (SBR rating D) cancels winning wager day after event
The player wagered on the Copa America quarterfinals match between Brazil and Uruguay and was initially credited with a win. The next day the bet was canceled due to being a "bad line." SBR will request that BetUS honor the wager at what it deems to be fair odds. Voiding winning wagers placed on bad lines puts the player in a situation where his funds are risked without the possibility of a return.

777Betz merger

07.26.2007
777Betz (SBR rating C) merges under 724Sports (SBR rating C+).

07.25.2007
The Interactive Gaming Holdings plc sportsbook has not offered an explanation to three SBR readers who have waited as long as two weeks for payment by both check and bank transfer. Customer service has been poor or unresponsive to both players and the SBR staff.

NETELLER Plc (NLR) stock resumes trading

07.25.2007

Neteller resumes trading on London Stock Exchange
Neteller Plc also published its 2006 annual report and audited accounts on the company’s website today. Neteller reported that available cash as of June 30th was $210.5 million. $60 million of that amount had been seized by US authorities. The company agreed to give an additional sum of approximately $76 million as part of its settlement with the USAO. Neteller will satisfy the obligation with a payment of $40 million to be paid on or before October 15th 2007, and the remaining balance to be paid on or before the 17th of January, 2008. Trading has been suspended since January 16th, 2006 after the arrest of the company's founding shareholders.

SCAM ALERT: BlackDog Sportsbook

07.24.2007
SCAM ALERT: BlackDog Sportsbook offering credit line to BetRoyal (SBR rating D+) users.
SBR has received reports from bettors that have been solicited from new Costa Rican sportsbook, BlackDogEG.com and offered to wager on credit. A former BetRoyal employee is representing the book, calling and emailing players he previously serviced. This is an extremely risky proposition for the player as well as bookmaker and is considered a reckless way of bringing in action. SBR has received many complaints from players who have been scammed as a result of similar offers. SBR can rarely assist in these situations which are usually based on hearsay verbal agreements.
 
Player: i recieved an email from a steven p***** said he used to be at betroyal said he is at a new spot that lets you play on credit players pay when they are 25 %loser over thier line and credit and can withdraw when 25% winner , and they can even have some one meet for payoffs, im sure this is a rippoff so thought you might want to check it out,to inform people im sure im not the only one they contacted. thier # is 1 800 583 8524, thanks

07.23.2007

Bet1128 (SBR rating C-) once again stands by decision to void winning wager due to "an obvious line error." For the second time in two months the sportsbook ignored the players' argument that the bet should stand. Bet1128's betting rules state that their policy is to adjust the payout of bad lines to reflect the correct odds.

OnlineLasVegas enters SBR rating guide at F

07.22.2007
OnlineLasVegas enters the SBR Rating Guide and Blacklist rated F. The book is a new listing for no-pay scam group, EZ Sports. Players reported $5,000 in confiscated NFL future bet winnings in February from sister sportsbook EZsportsbetting (SBR rating F).

07.21.2007
Former 2WagerSports (SBR rating F-) ownership pulls plug on new sportsbook project Sportsbook Latin America (SBR rating F). Sportsbook.LA was the newest book from the company that stole funds as 2WagerSports and UwagerSports (SBR rating F-). SBR identified the under-construction Sportsbook.LA in November of 2006.

SBR’s Sports Betting Rules Monitor

07.20.2007

SBR’s Sports Betting Rules Monitor:

BetWay (SBR rating C) changes rule on head to head poker match-up wagering. The winning poker bettor must finish in the money for the wager to have action.
DimeLine (SBR rating D) rewrites baseball proposition bet rules.
Canbet (SBR rating A-) changes expiration period of free-play bonuses."Free bets must be placed within 30 days of being issued. Free bets not placed within this timeframe will be revoked."
BetRoyal (SBR rating D+) removes all rules regarding -105 reduced juice lineset.

Neteller planning to begin processing withdrawals

07.18.2007

Neteller planning to process withdrawals to US players by July 30thIn a statement released earlier today Neteller announced there is "a resolution of the USAO’s investigation" and it planned to start accepting withdrawal requests  "no later than July 30th, 2007."

 

07.17.2007
Three weeks after the Sportsbook.com (SBR rating D+) Group has been notified of wager grading errors by SBR and players, wagers remain graded incorrectly. Sportsbook.com and sister books voided winning baseball bets when they received incorrect information regarding a change in starting pitchers. Players continuously complain that the sportsbook has not made the effort to look into the wagering dispute. BetUSA (SBR rating D+) appears to be the only exception. Ownership has manually credited players whose wagers were graded wrong by their service provider.

07.13.2007

Neteller fails to meet self-set deadline to "resolve the investigation" by the USAO. In a press release issued today Neteller said "The Company believes that it is making significant progress towards achieving a resolution and hopes to be able to announce this within a number of days." Neteller previously stated that it believes it will be able to execute its "plan" to distribute funds to US customers once the investigation has concluded. | July 13th press release

Bet1128 unjustly cancels winning bet?

07.12.2007
SBR receives 2nd complaint in a month from a Bet1128 (not rated) user of voided winning wager after the event was finished. Player: They cancelled match ONE DAY AFTER without any explanation. Ok - if the match odd on Monfils was too high - they had time 12 hours to correct the thing (i placed a bet 12 hours before match start), they could cancell the match, let all users got message and offer lower odd of 2.8 for example. They play dirty - let their customers live in fake that their bet is valid, they wait match to finish if Davydenko win, everything is good - they take money to their customer. If Monfils win - instead paying people at odd of 3.35 they CANCEL THE MATCH?! The player quotes Betfair (SBR raing A+) offering betting odds on Tennis player Monfils at +215 and +184 at Bet24 (not rated). The player wagered on Monfils at +235. Player also points out that the book's advertised policy is to regrade the wager at the correct market price. Bet1128 rules: If during transcription, typing or printing a quoted odds is visibly incorrect (e.g. 1.50/2.50) the company reserves the right to reinstate the original odds even after the result is known. In such cases comparison with other bookmakers currently on the market will, in good faith, give evidence of the error.

SBRodds.com: Opening week NFL Betting Odds Monitored

07.12.2007

SBROdds.com: TheGreek (SBR rating A+) and 5Dimes (SBR rating A) open week 1 NFL Odds. The first game of the regular season features the New Orleans Saints at the Indianapolis Colts who are listed as -6½ -110 favorites at The Greek and -7 +105 at 5Dimes. Visitors can monitor SBRodds.com for opening week odds as well as preseason NFL Odds from over 20 sportsbooks.

 

07.11.2007
SportsInteraction downgraded from C- to D+
The downgrade is a result of the latest funds confiscation complaint by a player who had five months of winnings voided as well as previous incidents over the past six months where SIA applied rules that did not exist. These players accuse SportsInteraction of taking a wait-and-see approach and applying unlisted policies to their large accounts. SIA has added to its rules pages after discussing incidents with SBR but refuses to honor the winnings in question.

07.10.2007
BetUs (SBR rating D) resolves remaining withdrawal complaintsThe sportsbook has addressed all pending slow-pay complaints, which at last count included 49 players. Recently paid players, some who have waited over three months, are currently testing BetUs.com with subsequent requests. BetUs credits progress in acquiring processor resources for the wave of successful withdrawals.

New Sports Betting Exchange Raided?

07.10.2007
Seattle Post Intelligencer reports Betcha.com (SBR rating D-) shut down
Washington State Gambling Commission investigators seized computers from a new Seattle-based Internet-betting site Monday, claiming the business violated the state's 2006 online gambling ban -- a contention the site's founder strongly disputes. Agents with a search warrant confiscated laptops and computer monitors before Betcha.com's seven employees arrived to work in the company's North Seattle office. More

The Seattle, Washington and Canada-based exchange was attempting to facilitate the matching of bets between two users for a fee. This model was deemed illegal by the Nevada Gaming Commission which arrested WagerFree (SBR rating F-) owner Garet Bradford. Bradford also claimed to be only facilitating bets between "club members." Despite the consumer fraud element to Mr. Bradford's scam operation, authorities ultimately charged WagerFree's owner with two felony counts relating to operating a gambling business without a license. Betcha.com maintains its server in Canada and is currently online.

SBR’s Sports Betting Rules Monitor record changes at four sportsbooks

07.09.2007

SBR’s Sports Betting Rules Monitor records changes at four sports betting sites
Canbet (SBR rating A-) adds stricter bonus terms
Canbet now requires signup and reload bonus requirements to be met within 90 days or they will be revoked.

Expekt (SBR rating B) also tightens bonus terms; prohibits residents of Turkey
Bonuses will be deducted from account balances if wagering conditions are not met in six months. Turkey and the United States listed together as restricted countries.

InternationalalAllSports, or IASbet (SBR rating B), changes bonus conditions and free bet bonus rule. Free-plays must be used within 45 days of date awarded. All bonus turnover conditions must be met within 90 days.

Fonbet (SBR rating C) adds soccer betting rule.

07.08.2007

BetOnUSA (SBR rating D+) is now officially owned by the Sportsbook.com Group
Shortly after Sportsbook.com told Sportsbook Review that they acquired BetOnUSA at the close of 2006, management from the former BetOnUSA Group informed us that they were only utilizing Sportsbook.com as a turnkey partner and they intended to bring BetOnUSA and account holders back under their new software platform. Our source informed us today that they have sold the brand. Sportsbook.com (Jazette Enterprises) is 100% owner of BetOnUSA, which is expected to remain on Jazette's World Gaming platform.

07.07.2007
The Gala Coral Group, Coral (SBR rating A-) and Eurobet (SBR rating A-), will close accounts from Australia, Switzerland, Ukraine, India, Singapore, and Thailand on Monday, July 9th. Coral banned a long list of countries including Brazil, Japan, Mexico and Costa Rica on June 1st. The bookmaker states that the latest change is a company decision made to focus more on European markets.

BetAndWin Group, or bwin International Ltd, raised from C- to C+.

07.06.2007
BetAndWin Group, or bwin International Ltd, raised from C- to C+. The company, which includes BetBull, Betoto, and flagship, bwin has earned praise from players and the SBR staff for a higher level of service. bwin has been observed using an objective and player-friendly approach with bettors who have filed a complaint, and engaging in dialogue with users under investigation for fraudulent activity. bwin has also succeeded in reducing the amount of complaints due to erroneously offered odds in the second quarter of 2007. SBR does not have any pending complaints from the BetAndWin Group.

07.06.2007
Tradesports (SBR rating C+) again changes fee schedule and agrees not to apply the 4% fee to contracts that were in place as of July 27th, when the new fees were instituted. Tradesports states it will issue refunds for the amount that exceeds the would-be cost of the previous price format. Some bettors who planned to trade out of their position are still upset that they are facing increased pricing and believe they should be grandfathered until the event is concluded. However, TradeSports warns players that fees may change and advises "only trade a contract if you are willing to hold that position until expiry."

07.05.2007

BetRoyal (SBR rating D+) placing a 7 day hold on new withdrawal requests. The sportsbook's customer service has told players that "because all customer information was migrated to the new platform any payout that is reuested will have a 7 day maturity period before it is approved."  BetRoyal Players whose accounts were moved successfully will see the switch from the ASI platform to Mercedes Software (demo users must select "Play For Fun").

07.04.2007
SportsInteraction (SBR rating C-) refuses to reconsider decision to confiscate player's $15,000 in winnings. The player was told that his account was closed yet was able to wager for an additional five months. SportsInteraction was asked to consider a settlement with the client due to the fact that if the bettor had lost all funds, it would be unlikely the account would be reviewed resulting in a refund. SBR's position has been made clear: SIA allowed the player to risk funds, benefited by the chance to win money from the player, and is responsible for the booked wagers. | Original complaint report