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8 November 2006, 11:26 am
#1
BetOnSports' non-U.S. customers can access their accounts through BetCris
This is pretty interesting:
http://www.betcris.com/bos-non-usa-clients.aspx
Initially I thought this was a great thing-- finally, a little bit of relief for some BetonSports customers. Their not yet being paid the money in their accounts has been an ugly sore on the online gambling industry for several months now.
Ah, but there is of course a catch... BetCris' terms of agreement (pasted below) dictate that former BoS players cannot actually withdraw the money in their account until they wager it ten times over. Or alternatively then can deposit even more money in order to only have to wager the sum five times over. So BoS customers will be treated pretty much the same as new depositors, except they won't receive a bonus.
So I suppose this truly will be relief for bettors who don't worry about the rollover and just want access to their accounts so they can continue gambling. But for players who just want to cash out this could be a bit of a raw deal. I know that my money wouldn't survive a five or ten times rollover so I would be reluctant to accept such a deal and would probably be more inclined to see if the impending court decisions settle anything. My friend in BoS says that management still plans to pay its players, it sure is taking a long time though
- Option A (10x Rollover)
- BetCRIS will honor your ending BetonSPORTS balance, however, a rollover requirement of 10 times will apply before any withdrawal can be made.
- Example:Your BetonSports ending balance was $2000. You are not eligible for a payout until you have wagered $20,000 in total handle in sports wagers.
- Option B (5x Rollover)
- Players can match their ending balance with a deposit of equal amount and withdraw their funds after only a 5 time rollover.
- Example:Your BetonSports ending balance was $2000. You send BetCRIS and additional $2000 for a total of $4000. You are now eligible to receive a payout after you have wagered only $10,000 in total handle in sports wagers.
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