Most famous online books that stiffed customers or went bankrupt

[99steak]

with the exception of wsex, all the other books listed have always been shady and winners should know better not to play in those.

 

[Mr.Jones]

About 10 years ago a shop called Gamblers Avenue went belly up. They had just sponsored an NBA contest on this site which I was fortunate enough to win, so I had a few bucks in there. Luckily, GA was bailed out by BetRoyal, home of soft lines and late line moves, so most of us easily made the rollover and things worked out well. Could have been a bad deal however. I would still like to thank Royal. Thanks Royal wherever you are.

 

[Bourn]

Lazer Wager was sponsored here and got me for 3k

 

[neverbend]

Aces Gold was HUGE. What was a total Forum Book that closed and stiffed was BetCamelot. It was the BetIslands of it's day, a Book started by a long time, "trusted" poster that used his forum rep to steal thousands of dollars from players when his Book folded.
Another Popular at the time Book that stiffed was New Age Bets(NAB).

Aces Gold before it went under after the NE-StL Super Bowl, was the greatest money maker for me of all
time. If you bankwired them 10,000 they would give a 15% bonus so you would automatically be ahead
1500. When all the other big book had an underdog ML at +240, +230 & sometimes +260 on Friday after
12 noon AG at -6 1/2 set th at either -200e ML at -200. For 2 years we'd spread maybe 20,000 on the underdog among Olympic,
Chris, Las Palmas, WWTS, Carib, Rio, Intertops, & Jaguar at anywhere from +220 to +260 & scalp with a similar amount at
Aces Gold at either -210 or -200. This happened 2 or 3 times every Sunday. Easy 600 a game in the black & must have
received 30,000 in bonuses from them in 2 years. The gravy train ended after that Super Bowl and I had 26,000 unrecoverable
in Aces when it went under.

 

[silver7]

with the exception of wsex, all the other books listed have always been shady and winners should know better not to play in those.

WTF are U talking about?? That shit book & the Jew bastard that ran it were NEVER on the up & up. Nearly every Mod here was kissing his ass for being such a "hero" standing up to the US Gov.! He got busted, just not soon enough! Prick him not U!!

 

[GoBlue34]

SportsInteraction still owes me over 3 dimes from 5 or 6 years ago, maybe it's been even longer.

 

[Redagger029]

Aces Gold / 1 dime ...gone

 

[REDEYE]

SportsInteraction still owes me over 3 dimes from 5 or 6 years ago, maybe it's been even longer.

SIA sent me a check when they cut off the US players....

 

[Hotpizza]

No mention of Bet Islands and what ever happened to that book the guy called "Eddie" ran. Supposedly his parents were royalty or had super deep pockets.

 

[okie77]

Sportsinteraction had been nothing but awesome for me. Yeah the lines are not the greatest but quick payouts(all between $3000-$5000) straight into my bank account makes up for that. Have never had a single problem with them, pinny, or Bet365.

 

[The Guesser]

No mention of Bet Islands and what ever happened to that book the guy called "Eddie" ran. Supposedly his parents were royalty or had super deep pockets.

Eddie Hadeed, and Bet Aladdin, another stiff, and the Antiguan Gov't itself was a big stiff, as they were supposed to guarantee funds of books that had an Antiguan License and stiffed, like WSEX.

 

[The Guesser]

SportsInteraction still owes me over 3 dimes from 5 or 6 years ago, maybe it's been even longer.

Never heard of SIA stiffing anyone. What happened?

 

[The Guesser]

Sportsinteraction had been nothing but awesome for me. Yeah the lines are not the greatest but quick payouts(all between $3000-$5000) straight into my bank account makes up for that. Have never had a single problem with them, pinny, or Bet365.

Actually their lines ARE the greatest. That's why I and so many wish we could still play there.

 

[SheriffJoe]

Eddie Hadeed, and Bet Aladdin, another stiff, and the Antiguan Gov't itself was a big stiff, as they were supposed to guarantee funds of books that had an Antiguan License and stiffed, like WSEX.

Eddie Hadeed paid off everyone at Premiere League and had every intention not to stiff Bet Aladdin customers but was ripped off by a bank scam for millions and never recovered.

 

[The Guesser]

Eddie Hadeed paid off everyone at Premiere League and had every intention not to stiff Bet Aladdin customers but was ripped off by a bank scam for millions and never recovered.

I call BS on that. Aladdin's Gold went belly up in 2002. Hadeed and his family were still worth millions at that time, probably still are. WSEX uses the Stanford Bank scam as it's excuse, and that didn't happen untl 2009, when WSEX started slow paying and eventually stiffing. Hadeed was a straight up stiff. Maybe Premier League was a test to establish cred so he could make the big score.

 

[SheriffJoe]

I call BS on that. Aladdin's Gold went belly up in 2002. Hadeed and his family were still worth millions at that time, probably still are. WSEX uses the Stanford Bank scam as it's excuse, and that didn't happen untl 2009, when WSEX started slow paying and eventually stiffing. Hadeed was a straight up stiff. Maybe Premier League was a test to establish cred so he could make the big score.

There's another one...

For years WSEX was one of most respected books in the industry (never any slow pay/no pay issues)...until the US government targeted them and started a war against offshore books in general.

 

[The Guesser]

There's another one...

For years WSEX was one of most respected books in the industry (never any slow pay/no pay issues)...until the US government targeted them and started a war against offshore books in general.

The Gov't did not target WSEX specifically, only Jay Cohen, and their stiffing people had nothing to do with the Gov't. The Gov't targeted Neteller. They paid every cent owed. We are in agreement that the US Gov't policy towards Offshore sportsbooks is disgusting, but no Book that has stiffed people can legitimately blame the US Gov't for the stiff jobs, not even BetOnSports. Other Book owners have been detained/Arrested, but those Books did not stiff. Legendz, Spiros, etc.

 

[golfaddict]

Those thieves at acesgold stole large 5 figures from me. I put a large amount on the Patriots moneyline against the Rams in the superbowl. In a matter of days I went from ecstasy to wtf is going on.

 

[GoBlue34]

Never heard of SIA stiffing anyone. What happened?

I won about 5500 and they only paid me about $2500. Claimed processor issues, etc for about 9 months. I finally gave up

 

[The Guesser]

I won about 5500 and they only paid me about $2500. Claimed processor issues, etc for about 9 months. I finally gave up

I wouldn't give up, unless the money is meaningless to you. If they still have your account data on file, pursue it. Maybe file a complaint. Good luck whatever you decide.