[Santo]

Main site now reads:

IN LIGHT OF COURT PAPERS FILED IN THE UNITED STATES, THE COMPANY HAS TEMPORARILY SUSPENDED THIS FACILITY PENDING ITS ABILITY TO ASSESS ITS FULL POSITION. DURING THIS PERIOD NO FINANCIAL OR WAGERING TRANSACTIONS CAN BE EXECUTED. FURTHER INFORMATION WILL BE POSTED ONCE THE COMPANY IS IN A POSITION TO DO SO.

The BETonSPORTS.com

[BigDog]

Damn!....looks the US govt is serious about online gambling after all

[SBR_John]

Ouch!

This is very bad.

[bigboydan]

not good at all indeed.

[poolstag]

Does anybody know what will happen to pending wagers? I spoke to Customer Services who said that pending wagers would be graded. But she seemed extremely uncertain!

I'm getting increasingly concerned about my Bet on Sports funds and whether I'll be able to withdraw them.

[JoshW]

I put a withdrawal request with MVP Sportsbook today and was paid alredy FWIW. I also have a request in to BetTheRock so will see how it goes.

Am a little surprised they went this way, but maybe they are trying to get David out of jail.

[SBR_John]

BetOnSports players:

While this book is in trouble due to charges filed by the US government they are not going out of business just yet. They do have your money according to their last reported balance sheet.

There is no reason to think you have lost any money. Be patient and follow the news.

[JoshW]

One would think ever worst case with their great recreational base would be a true buyout. At least this didn't happen during football.

[Dark Horse]

Man, I have a sudden desire to start an offshore sports book.

[RightAngle]

My guess is they shutdown to stop the flood of payout requests, simialr to a freezing trade on a stock because everyone is selling.

They will likely reopen once their position stabilizes.

[magnavox]

And there goes another TOW book.

[acw]

Originally Posted by RightAngle

My guess is they shutdown to stop the flood of payout requests, simialr to a freezing trade on a stock because everyone is selling.

My feelings too!

Originally Posted by magnavox

And there goes another TOW book.

Not only TOW book, EOG, TheRX, Majorwager, etc., but we all know where does guys come from long time. And trust me SBR has 7x more readers than the second best of the lot.

[Chuck Sims]

This is by far and away the best news possible for the off-shore gambling community.

Part of the fraud indictment against these scammers is their set up of 2 phony watchdog websites to sweep player siff job complaints under the rug.

The 2 websites owned and operated by BetOnSports are "OSGA" aka Offshore Gaming Association...and the International Sportsbook Council.

[ogdnutts]

can't see the twisted logic in finding any of this "good news".

even if you think the principles deserve it, the fact that a mainstream shop is in this situation, can't be good for the industry as a whole, puts everyone, and everything, under a microscope.

[Donny]

But rogue operations like BOS and Sportingbet are good for the industry? How lost would i feel as newbie without SBR?

This industry as whole is/was far from being good, and if it is cleanup time now - so be it. Maybe that shuts all the sellouts up.
Take a look at raiders in the private forum, he is a good example.

[Bill Dozer]

The BOS asian books like Easybets are still online. BOS said today that they are freezing the part of the business that operates out of the CR "facility".

[Chuck Sims]

Its great news because a very large criminal enterprise, BetOnSports has built their company on lies, and from scamming players have now been shut down. They have been doing this with impunity. Setting up phony watchdog sites to sweep player complains under the rug. Paying off sites like The Rx, MajorWager, and EOG...etc. to herd the sheep to slaughter.

Reptuable sportsbooks have been operating for years with their owners having been indicted. They keep a low profile and are not stupid to set foot on U.S. soil. As long as they do that the U.S will leave them alone.

[ogdnutts]

Originally Posted by Chuck Sims

Its great news because a very large criminal enterprise, BetOnSports has built their company on lies, and from scamming players have now been shut down. They have been doing this with impunity. Setting up phony watchdog sites to sweep player complains under the rug. Paying off sites like The Rx, MajorWager, and EOG...etc. to herd the sheep to slaughter.

Reptuable sportsbooks have been operating for years with their owners having been indicted. They keep a low profile and are not stupid to set foot on U.S. soil. As long as they do that the U.S will leave them alone.

right.


still think it sheds an unfavorable light on the industry in general, and opens up a huge can of worms.