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

SBR Bill Dozer reports:

08.13.2006
SBR receives second payout complaint from ThePool (not rated) users in two months. Latest slow-paid player requested $4,000 on May 29th, July 4th and July 29th. ThePool has not responded to emails from player or returned phone calls to SBR.

EasyBets

08.11.2006

downgraded from D to D-. EasyBets is part of BetOnSports Plc which today announced that it does not have all player balances.

BetOnSports blaming processors for inability to pay.

08.11.2006


The manner in which BetOnSports handled the US District Court indictment has been scrutinized by everyone familiar with the situation. Now that the sportsbook has announced it will close and does not have all player funds, the finger pointing has ensued.

Recent reports suggested that BOS was unable to pay players because funds were inaccessible. An Associated Press news release published yesterday on Yahoo News stated "...because of the judge’s order on July 17, some payment processors, or e-wallets as they’re known, have stopped doing business with BetOnSports." AP News interviewed an unnamed BOS executive who stated, "BetOnSports has no way to transfer the bulk of the pending wagers or deposits to gamblers."

Today’s shareholder statement infers that the book’s ability to pay players depends on future earnings and "the Company’s ability to persuade banks and cash processors to release its funds." View full shareholders statement.

Neteller tells SBR that was not the case with its BOS merchant service. Once a sportsbook chooses to cease operating, Neteller’s policy is to freeze the merchant account. BetOnSports made its intention to suspend operating clear when it released a statement shortly after the indictment was unsealed.

Sportsbook operators and industry analysts tell SBR that BOS overreacted to the affect the indictment would have on the company’s public stock value. BetOnSports Plc is believed to have ceased operating

SBR Bill Dozer reports: BetonSports (SBR rating D-) to announce closure

08.10.2006


Inside sources tell SBR that BetonSports Plc will close its US-facing Costa Rican operation. The announcement to shareholders is expected at 7:00 am UK time.

Update from Mall San Pedro: All hourly employees dismissed.

8.10.2006 (2:04:23 PM): Tomorrow’s shareholder statement said to reference disbursement of "player balances" within 60 to 90 days. SBR will continue to pursue further information regarding fate of player funds. BOS Plc is expected to maintain relatively small Asian-focused sportsbook, EasyBets (SBR rating D).

SBR Bill Dozer reports: Scam sportsbooks sharing account details

08.09.2006


Player reports sportsbook opens account on his behalf, complete with password.

"Hi Bill, I received this today from scam book Bet33. As you can see they had already created an account for me. And I can log into using a password that I normally use. I have a feeling they got my password from either RichCoast Sports or NoJuice as I know from other forums that customers account details and passwords where sold. Just thought I’d let you know so you can warn people."
Players should always use a different password for each sportsbook account. If possible, a scam sportsbook will continue to steal even after its doors are closed. SBR has received multiple complaints of theft from players who now regret using the same password with multiple betting sites.

Player wins

08.08.2006

$429,000 on a Royal Flush hand playing Pinnacle Casino’s stud poker August 2nd. Pinnacle Sports’ Casino is powered by Blue Chip Games’ casino suite which is widely considered to be the fairest casino software online.

Temporary URL change for SBRforum

08.07.2006


SBR will be making updates to SBRforum.com tomorrow morning.  The SBRforum.com address is expected to be off-line from 4:00 am to 6:00 am central time. Posters will still be able to access SBRforum by clicking the "Forum" button on SBR or by using the address, www.sportsbookreview.com/forum.

SBR Bill Dozer reports:

08.06.2006

DragonWager (SBR rating D-) circles Thursday as date to clear all debts to players. Hosting and software provider, Capilleira S.A is expected to deactivate the  site’s sign-up function if the book does not uphold its promise to players.

ParlayCardz (SBR rating C) expects to be back online tomorrow

08.05.2006


The book’s website has been off-line since July 28th when the domain registration expired. The registration has been renewed and ParlayCardz says they are waiting for the wbsite to propagate. Players can manage their accounts over the phone by calling 1-877-288-6238 or  1-888-852-3409.

SBR Bill Dozer reports:

08.04.2006

TradeSports (SBR rating C+) botched contract decision results in downgrade from B- to C+. The exchange-style sportsbook attracts many players with its prediction markets, known as ’prop bets’ at other sportsbooks. It has not graded wagers according to contract stipulations and has failed to use applicable TradeSports prediction market rules. The latest trader complaint was received after an incorrect decision on a North Korea missile contract. Details of the dispute and SBR Josh West’s assessment can be found at ChrisMasse.com.

InstantActionSports

08.04.2006

(SBR rating C-) players requesting Neteller forced to wait or take Western Union and absorb fees. The sportsbook’s Neteller merchant account has been underfunded for over a month. SBR has advised IAS to refund clients for fees above the cost of the requested Neteller transfer.
Note: InstantActionSports has processed at least one Neteller payout today for $8,000.

SBR Bill Dozer reports:

08.03.2006

DragonWager (SBR rating D-) unable to pay clients. Dragon blames their financial woes on "massive player chargebacks." The sportsbook’s software provider tells SBR it will consider turning the software platform off if withdrawals are not processed soon. Dragon has been downgraded from D to D-. Players should aggressively pursue all balances.

SBR Bill Dozer reports:

08.03.2006

SBR receives three slow-pay complaints from Royal Sports (SBR rating C-) bettors in two weeks. The latest complaint comes from a player who requested $3620 via bankwire on July 10th. Management assures the client that his funds will be processed today, meaning the player is looking at a one month turnaround. BetRoyal CFO tells SBR that strict new accounting policies will keep payments from being delayed and will be in place later this month.

PartyGaming Plc acquires Gamebookers (SBR rating C+)

08.03.2006

PartyGaming.com: PartyGaming, the world’s leading online gaming company, announces today that it has acquired the business and assets of Gamebookers, an online sports betting business, from Trident Gaming PLC (“Trident”) for an estimated net cash consideration of €102 million (after estimated working capital adjustments of €3.0 million).

SBR Bill Dozer reports: DimeLine Sportsbook

08.02.2006

is the latest FutureBet sportsbook to be inserted in the SBR rating guide. DLS has received an initial rating of D. The new book has chosen to use its own payment processor in an effort to avoid being financially dependant on slow-paying Futurebet. Players will likely be confused by the sportsbook’s name, as DimeLine Sportsbook does not have a dime line.

SCAM ALERT:

08.01.2006

Bet4Aces (SBR rating F) advertising new sportsbook, Sportsbook777. Viet777.com advertisements are currently running in a Vietnamese newspaper. Viet777.com redirects to Sportsbook777, which is a homepage for the same Bet4Aces system.

SBR Bill Dozer reports: PlayWePay (SBR rating D+)

07.31.2006

not honoring ’BetCasinoSports bailout’ terms. The bettor received a free account balance as part of a bail-out package for BetCasinoSports (SBR rating F) users and went on to win an additional $15,310. PlayWePay has increased the rollover requirement and is limiting the amount the player will receive to $6,885. SBR has received multiple complaints from players with other sportsbooks who were offered "relief" after being a victim of a fallen book, only to see the ’rescuing’ sportsbook fail to pay. Sports-Gambling (SBR rating D) received positive press for coming to the rescue of SunsetSports (SBR rating F-) victims but later deleted winning accounts.

SBR Bill Dozer reports:

07.30.2006

PointBet (SBR rating D+) management informs SBR that the sportsbook has obtained a UK bookmaking license and an office in London. SBR will pursue UK banking information before reevaluating Pointbet, which many players feel is an underrated sportsbook. Pointbet was downgraded from C- to D+ last year when SBR learned that the sportsbook was operating from Batam Island, Indonesia.

BookTheBet (SBR rating F) player owed $28,000

07.29.2006


The bettor originally requested his funds July 3rd and claims BookTheBet owner, Tony has only provided him with excuses. He states he was told that Tony was currently traveling, attempting to redeem funds owed to him by another player. The bettor tells SBR he was attracted to the site because it offered American Express as a deposit method. The no-pay sportsbook accepted the AMEX transfer under the name Business Plus Inc Hinsdale IL.

Bet7Moons enters SBR rating guide at D-.

07.29.2006

The sportsbook began online as GogoBet (not rated) over one year ago. Bet7Moons operates on the 3rd floor of Oficentro’s Building 4 and its customer service is managed by former manager and minority owner of failed sportsbook RichCoastSports.

SBRforum:

07.28.2006
Today is the last day new contestants will be eligible for the Grand Prize, A Trip for Two to Curacao, for the VIP Sports Bases Bankroll Contest. Current standings show posters Kdmfox, Manly and Stump in the lead and less than one unit apart! All players are eligible for monthly cash prizes through the end of the MLB regular season.

SBR meets with Sportingbet Plc management; year old dipsutes resolved.

07.27.2006

The sportsbook agreed to reevaluate previous decisions which resulted in multiple balance credits. Bonus and winnings confiscations have been reversed, as well as voided winning wagers dating back to last year’s British Open bet on Tiger Woods. The sportsbook is addressing the policies, or lack thereof, responsible for these actions. It is expected to stand by new universal policies that treat all players equally regardless of the type of action given to the book. New procedures include prorating bonuses for players asked to leave any of the many websites and settling winning bets made on obvious or gross errors at the correct market price (average betting odds) instead of canceling. The Sportingbet Plc family will be reevaluated once all pending issues are concluded and these new policies are solidified. Players with a complaint against the Sportingbet Group, which include Sportsbook.com (SBR rating D+), should contact SBR.