[bigboydan]

Scam Alert: No-pay book AtlantisBets (SBR rating F) involved in scam to defraud players.

Pay-service “Handicappers” offers player selections in exchange for a percentage of winnings. Players are promised that if the plays lose, the lost money will be reimbursed. After the player loses money with his bookie, the player is asked to deposit money at AtlantisBets where it will be matched with the handicappers’ “promotional money." AtlantisBets and the touts threatened the player after SBR began the investigation. His balance at AtlantisBets was zeroed out, and withdrawals refused. The sportsbook initially told SBR the funds were removed from the account for a payout. It is common for scam books and touts to work together to bring money in, especially via the anonymous transfer method, Western Union.