Beware of the Sportsbetting.com Group

[crow]

Racebook (SBR rating C-) confiscates player funds


The player deposited $1,000 and won an additional $200. The sportsbook told the player that because he previously had an account at sister sportsbooks Sportsbetting.com (SBR rating C-) and Win4Real (SBR rating C-) he is not eligible to have an account at Racebook. Racebook has confiscated his deposit and winnings citing their terms and conditions which state that accounts at more than one Sportsbetting.com Group book are not allowed. The player states that his accounts at Sportsbetting.com and Win4Real are in good standing and are inactive. Racebook.com's betting limits were not exceeded. SBR Dispute Manager Lou has asked the sportsbook to address the confiscation claim of both deposits and winnings. On May 5th, Racebook sportsbook agreed to credit a different player for deposited funds confiscated in 2008.:scared

Now, that's scary.

 

[MadJack]

Now, that's scary.

Yeah, but it's bullshit. You need to hear the WHOLE story before judging.

The player knew he was wrong.

This player opened a new account after sportsbetting restricted his betting limits on another account.

He got caught trying to circumvent their rules and he was restricted on his betting limits and they closed that new account, however his other accounts remain open.

They refunded his original deposit. He forfeited winnings due to fraud.

sportsbetting has been advertising here for about 8 years and have gotten 100's of players from here and there are ZERO unresolved complaints. And I'm not sure I ever had a complaint, come to think of it.

 

[crow]

This player opened a new account after sportsbetting restricted his betting limits on another account.

I suppose him having a winning account was the starter....

Whether they refunded his deposit or not, this is not the first time players are caught unaware of this rule of multiple accounts.

I wonder how hard it is for this group to solve the problem once and for all, so no one gets branded a cheat for not going through the fine print.