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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.

03.29.2016

An Intertops Sportsbook (SBR rating A) player has opened a discussion thread at the SBR Sportsbook & Industry forum seeking feedback from other online sports bettors with respect to how Intertops handles wagering limits. The player disclosed that he is up a good sum with the sports betting site since creating his account.

03.29.2016

Betting exchange Smarkets (SBR rating C) has provided comment to Sportsbook Review concerning the €33,483 winnings complaint originally shared by a player on the SBR posting forum. The online betting site ultimately deferred to the ruling of the Malta Gaming Authority (MGA) if the player decides to launch a formal complaint.

03.29.2016

Online sportsbook 5Dimes was the subject of multiple reports in Costa Rican newspaper La Nacion in recent weeks. The reports, written in Spanish, accuse 5Dimes of owing taxes to Costa Rica's version of social security, the Caja Costarricense de Seguro Social, and of laundering funds. This article details what has been reported and what players need to know.

03.28.2016

There is a new leader of the free NCAA Bracket Contest at the Sportsbook Review posting forum: member 'convick' is presently locked in first place with 155 current points and 220 possible points. Convick has surpassed blankoblanco who held onto the leader for much of the previous week. Convick's predicted champion is Villanova.

03.28.2016

A sportsbook forum reader has shared a complaint against Smarkets. The player has claimed that €33,483 in winnings were retroactively voided by the betting exchange due to his accepting off-market positions. The player argued that the Smarkets terms and conditions specifically say that they are not responsible for users making bad offers.

03.27.2016

A 1XBet Sportsbook player has filed a wagering complaint. The player has accused the betting site of unjustly voiding two of his in-play winning hockey bets, while honoring other losing wagers on the game. 1XBet cited part of their terms and conditions allowing the bookmaker to cancel bets placed when the outcome is already known.

03.27.2016

The start of the 2016 MLB regular season is one week away. Sportsbook Review has compiled every MLB baseball prop betting market available from top sportsbooks including regular season win totals, Cy Young winner odds, and a large variety of outright betting markets including the World Series and pennant winners.

03.27.2016

Online sports bettors can find the latest and most real-time NCAA basketball betting odds for Easter Sunday using SBR Odds. The average line on Notre Dame is +9 -110, though bettors with discount line sportsbooks such as Heritage Sports, 5Dimes, and Pinnacle can save money whether betting the Irish or UNC.

03.26.2016

Sportsbook Review reported on March 13 that a BetDNA Sportsbook player had been owed $700 since December 2015. The player has since received only a partial payout through bitcoin in the amount of $357.14 on March 22. The online betting site has not followed up with the player confirming when the remainder of his payout will be completed.

03.26.2016

Eight teams remain in the hunt for the 2016 NCAA basketball national championship title. SBR Forum member blankoblanco leads the way with 133 current points and a predicted champion of Kansas still alive and well. SBR's own Peter Loshak and Mike Brenner have underperformed, which means hundreds of users will cash in with the 100 betpoint special.

03.26.2016

Update 4/5/2016: Cloudbet has provided comment on the complaint and stated that "draw" was a listed option on the third leg, meaning the parlay was graded correctly.

A Cloudbet Sportsbook (SBR rating C+) player has filed a wagering complaint. The online sports bettor has taken issue with the grading of a three-team parlay bet he feels he should have won. Two of the three parlay legs won, while the third leg resulted in a push, so the player pointed out that the payout should have reverted to a two-team parlay.

03.25.2016

A BetOwi Sportsbook player has filed a payout complaint. The player requested $500 by way of bitcoin on February 23. He holds a balance of more than $2,300 with the sports betting site, which is a sister sportsbook to SportsBettingOnline. The betting site has struggled to pay players on time as of late.

03.25.2016

Otobet.com Sportsbook has addressed the Skrill payout complaint reported by SBR on Wednesday. A player had complained that a Skrill payout request had not been made after a week, despite the sports betting website advertising 48 hour payouts through the popular eWallet method. The player has now received payment.

03.25.2016

Update 3/31/2016: MarathonBet has addressed the complaint with Sportsbook Review and stated that the player provided non-genuine ID.

A MarathonBet Sportsbook player has submitted a complaint against the sports betting website. The player's wagering account was blocked more than three weeks ago by MarathonBet. The player claimed that he was asked to send a series of documents to the sports betting website to regain access, but his account remains blocked.

03.24.2016

An online sports bettor who uses bitcoin to fund sportsbooks has had his account closed by Circle. Circle is one of the biggest and most well-known bitcoin exchanges serving the US market, second only to Coinbase. Both exchanges also function as wallets allowing users to store their funds and receive payments.

03.24.2016

An LSbet Sportsbook (SBR rating D+) player has filed a complaint. A player has claimed that he has been given unreasonably low wagering limits in relation to his outstanding bonus rollover requirement and has only 80 days remaining to complete rollover. The player can only risk a total of €3 per wager on major sports markets.

03.24.2016

A TopBet Sportsbook (SBR rating C) player has filed a complaint concerning an $1,100 outstanding withdrawal. The funds were deducted from the bettor's account on February 26. SBR spoke with Topbet management and learned that the player's payout was processed normally on their end and that the player received a phone call confirming as such.

03.23.2016

Online sportsbook GR88 remains off-line with players funds. Sportsbook Review reported on January 25 that the sports betting website claimed that their business would be reopened "as soon as possible". No comment was provided on the status of outstanding player balances or how many players have yet to be paid.

03.23.2016

The CEO of Amaya Gaming, a Canadian gaming and online gambling company listed on the Toronto Stock Exchange, David Baazov, has been charged with insider trading by the Quebec securities regulator. According to a report released by Reuters this morning, Amaya's shares took a 27.7% hit down to $10.30 to start the morning.

03.23.2016

An Otobet Sportsbook player has submitted a payout complaint. The player has claimed that he initiated a payout request via Skrill and that Otobet deducted his betting accounft accordingly, though it has been a week and the payout has still not been made. Otobet advertises 48 hour payouts for Skrill.

03.22.2016

Online sportsbook Pinnacle Sports (SBR rating A+) has launched a mobile application in the App Store for iOS [Apple] devices. A listing is coming soon in the Google Play store. Players based in Canada, Poland, Russia, Ukraine, and Finland are able to download the application as of this time.

03.22.2016

Sportsbook Review urges online bettors to avoid scam website ZenitBet (SBR rating F). A total of 40 payout complaints have been submitted by ZenitBet players since the betting websites inclusion in the betting sites rating guide in August of 25. ZenitBet has been officially lowered from D- to F on the worst sportsbook blacklist.

03.22.2016

Online sportsbooks are in agreement that North Carolina, Kansas, and Virginia are the three shortest priced teams to win the NCAA basketball men's national championship. Sports betting sites are offering +360, +370, and +475 respectively as of this publication. Long shots Notre Dame and Syracuse can be backed at +4500.

03.21.2016

Sportsbook Review reported on March 9 that online sports betting site BetPlay.com closed. SBR was advised that players would all be contacted and paid in full. A player has come forward stating that he was successfully paid his closing balance from the online sports betting site.