SURVIVOR BETTING SUSPENDED AT BETWWTS.COM
BEFORE FIRST EPISODE AIRS
ST. JOHN'S, ANTIGUA (September 18, 2002)-BETWWTS.COM , a leading offshore
gaming company for over 10 years, has suspended betting on the latest
installment of Survivor before the first episode will air this evening.
Company suspicions arose when BetWWTS.com received a number of wagers all
placed on the same contestant from newly opened accounts originating from
Vancouver, British Columbia.
Company officials indicated that in the past betting on reality shows like
Survivor is extremely light before the first episode airs, but on this
occasion BETWWTS.COM has seen a deluge of bets on the show. Of all of the
money wagered on Survivor to date, nearly 95% originated from new accounts
in the Vancouver area and all was placed on the same castaway - leaving the
company with a liability in excess of $30,000 on one contestant. Management
investigated the origin of the betting yesterday and decided the risk was
too great to continue offering Survivor betting.
"In the past few days we have received an abnormally high amount of maximum
limit wagers on the same contestant from new customers in the Vancouver
area, which has forced us to suspend betting on Survivor," said Simon Noble,
CEO of BetWWTS.com. "Whether this is a case of one of the contestants or
someone involved with the show accidentally exposing the identity of one of
the two finalists or simply the by-product of rumor, it is still a highly
unusual betting pattern and we felt we must react accordingly."
This marks the third time that BetWWTS.com has suspended wagering on a
reality television show because of unusual betting patterns. In November
2002, BetWWTS.com halted betting on The Bachelor when it was discovered that
a number of new accounts originating from Springfield, Missouri - hometown
of bachelor Aaron Buerge - had all wagered on eventual winning bachelorette,
Helene. Earlier this year, the company suspended betting on Survivor: The
Amazon when it appeared that CBS employees had been placing wagers on Jenna
and Matt, who were ultimately the final two contestants vying for the $1
million grand prize.
"Although CBS may say this is simply another conspiracy theory about the
show, we've followed betting patterns on shows like this before and
discovered that in each instance, there were indeed people with inside
knowledge wagering on the outcome," concluded Mr. Noble.
About BetWWTS.com
BetWWTS.com (World Wide Tele-Sports) is the foremost offshore gaming
company offering both Internet and telephone wagering to its worldwide
customers. Fully licensed and regulated in St. John's, Antigua since 1995,
BetWWTS.com offers a complete range of online casino games and more than 150
betting options daily through its portfolio of companies and managed
services - BetWWTS.com, WagerOnSports.com, BetP2P.com, BetCasino.com and
BetAffiliate. With over 10 years of experience, BetWWTS.com has become one
of the most respected companies in the gaming industry by providing
unparalleled 24/7 customer support and timely payouts. BetWWTS.com is part
of the BetCorp group of companies that is publicly-traded on the Australian
Stock Exchange (ASX) under the symbol BCL. BetWWTS.com provides a secure
environment for sports and casino wagering and has been featured in numerous
media outlets, including USA Today, The Economist, ESPN, Associated Press,
New York Daily News, New York Post and HBO's Real Sports With Bryant Gumble
among others.
BETWWTS.COM
BEFORE FIRST EPISODE AIRS
ST. JOHN'S, ANTIGUA (September 18, 2002)-BETWWTS.COM , a leading offshore
gaming company for over 10 years, has suspended betting on the latest
installment of Survivor before the first episode will air this evening.
Company suspicions arose when BetWWTS.com received a number of wagers all
placed on the same contestant from newly opened accounts originating from
Vancouver, British Columbia.
Company officials indicated that in the past betting on reality shows like
Survivor is extremely light before the first episode airs, but on this
occasion BETWWTS.COM has seen a deluge of bets on the show. Of all of the
money wagered on Survivor to date, nearly 95% originated from new accounts
in the Vancouver area and all was placed on the same castaway - leaving the
company with a liability in excess of $30,000 on one contestant. Management
investigated the origin of the betting yesterday and decided the risk was
too great to continue offering Survivor betting.
"In the past few days we have received an abnormally high amount of maximum
limit wagers on the same contestant from new customers in the Vancouver
area, which has forced us to suspend betting on Survivor," said Simon Noble,
CEO of BetWWTS.com. "Whether this is a case of one of the contestants or
someone involved with the show accidentally exposing the identity of one of
the two finalists or simply the by-product of rumor, it is still a highly
unusual betting pattern and we felt we must react accordingly."
This marks the third time that BetWWTS.com has suspended wagering on a
reality television show because of unusual betting patterns. In November
2002, BetWWTS.com halted betting on The Bachelor when it was discovered that
a number of new accounts originating from Springfield, Missouri - hometown
of bachelor Aaron Buerge - had all wagered on eventual winning bachelorette,
Helene. Earlier this year, the company suspended betting on Survivor: The
Amazon when it appeared that CBS employees had been placing wagers on Jenna
and Matt, who were ultimately the final two contestants vying for the $1
million grand prize.
"Although CBS may say this is simply another conspiracy theory about the
show, we've followed betting patterns on shows like this before and
discovered that in each instance, there were indeed people with inside
knowledge wagering on the outcome," concluded Mr. Noble.
About BetWWTS.com
BetWWTS.com (World Wide Tele-Sports) is the foremost offshore gaming
company offering both Internet and telephone wagering to its worldwide
customers. Fully licensed and regulated in St. John's, Antigua since 1995,
BetWWTS.com offers a complete range of online casino games and more than 150
betting options daily through its portfolio of companies and managed
services - BetWWTS.com, WagerOnSports.com, BetP2P.com, BetCasino.com and
BetAffiliate. With over 10 years of experience, BetWWTS.com has become one
of the most respected companies in the gaming industry by providing
unparalleled 24/7 customer support and timely payouts. BetWWTS.com is part
of the BetCorp group of companies that is publicly-traded on the Australian
Stock Exchange (ASX) under the symbol BCL. BetWWTS.com provides a secure
environment for sports and casino wagering and has been featured in numerous
media outlets, including USA Today, The Economist, ESPN, Associated Press,
New York Daily News, New York Post and HBO's Real Sports With Bryant Gumble
among others.
BETWWTS.COM
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