BetOnline acquires Sportsbetting.ag

[Beyond the Bets]

The official statement is below

* * *

BetOnline.ag Investors Acquire Majority Ownership of SportsBetting.ag

A group of investors, consisting of shareholders from BetOnline.ag, are excited to announce a sizeable investment into online gaming site SportsBetting.ag.

With the transition come significant improvements to the SportsBetting.ag brand; including bigger bonuses, faster software, better odds and most importantly – reliable payouts.

A representative from SportsBetting.ag touched upon the upgrades:

“The investors decided that if they were going to take over majority ownership, the site needed to be upgraded to ensure improved customer satisfaction. Instead of providing reload bonuses only on Thursdays, our members will now earn deposit bonuses every day of the week.”

The extra value doesn’t end with bigger bonuses; SportsBetting.ag members will experience better betting value as well. The SportsBetting.ag representative continued:

“Additionally, our players will have access to much improved betting value. At the old SportsBetting.ag, MLB dime lines didn’t exist. At the new and improved SportsBetting.ag, not only will they now get dime lines, but they’ll get the best dime lines in the business - all the way out to -199.”

Most importantly, the new investment team is committed to get SportsBetting.ag winners paid in a more expedited manner.

"The new shareholders unconditionally guarantee past and future payouts from SportsBetting.ag,” the rep stated. “However, since there is a sizeable backlog of pending payouts, they need to be run through various fraud checks, prioritized and fulfilled. Once the backlog is complete, clients will experience drastically improved payouts thanks in part to upgraded payment options, including same day options.”

SportsBetting.ag will continue to be a standalone brand offering sports wagering, horse betting, digital casino, poker and live casino. Backend services will be supplied by BetOnline.ag, ASI, DGS and other well known software and backoffice service providers.

[mjwu]

I opened an account with sportsbetting in 2000.....I eventually gravitated to Bodog--Bovada until they lowered my betting limits to 25 bucks...seriously!!! They refuse to raise them....and I am now at 5dimes....However I requested a check from sportsbetting on June 4....its now June 26 and my 1300 check is nowhere to be found. I sent an email to my account host and have got no reply. I really want to be able to talk to someone there but i have no reliable phone number to call. HELP ME PLEASE!!!

[Beyond the Bets]

Your payment is in a back log and will be processed sequentially. It will take some time to get all the payments through, but BetOnline has promised (on behalf of Sports Betting) to make good on all payouts.

Once they get caught up, it will be business as usual.

[mjwu]

Hope so, but I still would like the ability to talk to someone...I was expecting a check this week and now who knows when it will get here

[mjwu]

got this reply...the if you qualify part has me puzzled...I damn well better qualify for MY money

Unfortunately due to the system upgrade, we are not able to see any action in your account before June 25.

If you have a payout pending and you qualify for it, will have action.

[Beyond the Bets]

Yeah. Your pending payout will be processed. Wouldn't worry.

[wimph]

was a 10year customer at sportsbetting.Noticed problems months ago.100-1 pay out on exacta at Los alamitos.Have not received horse rebate in 5 weeks.They reply with stupid e mails dodging the question.Will not ever play with them again.I would think twice about using this sportsbook

[ChiefZilla]

I always thought sportsbetting.ag was associated with sportsbook.ag. Same interface, IIRC. Is that not true? Anyone know?

[Beyond the Bets]

Same interface but no affiliation. At least I don't think.

[mjwu]

now going on 60+ days and nothing from these guys ....1300 still waiting on the check that may never show

[Beyond the Bets]

File an SBR complaint or ask Justin7. I'd be interested in knowing what the hold up is.

[LOLstradamus]

Had a check bounce from sportsbetting.ag before. I know it happens some times when banks flag the offshore operations, but I only had it happen with them.

[mjwu]

Ha...get this...this is what I was told today

Ok we see that there is delay on your payout because of the transition made in the company there has been a delay on the payouts please wait until first week of April to receive your payout.


APRIL?!?!?!?!....ARE YOU KIDDING ME?!?

[Turnstone Money]

Seems like a good thing. Ever since I started wagering online, betonline has fast lines, GREAT customer service and fast payouts.

[Beyond the Bets]

(08-07-2012 10:03 AM)mjwu Wrote:  Ha...get this...this is what I was told today

Ok we see that there is delay on your payout because of the transition made in the company there has been a delay on the payouts please wait until first week of April to receive your payout.
APRIL?!?!?!?!....ARE YOU KIDDING ME?!?

No. Get someone on the phone. Start calm. Get meaner. Scream if you have to. At a minimum, file an SBR complaint.