nostekepannen
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8 September 2022 - 6:55am

Bet90.com - still not pay

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After several attempts to negotiate over livechat I have to bring this further.
A pending payout from 31.august on over 1270 euro is still pending.

Bet90? What is going on?

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usbarbadosslim93
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8 September 2022 - 7:03pm
#1

I've never heard of Bet90, and looking them up on the site here only generates a news story about them being blocked in Belgium for not having a license. I can't vouch as to whether they're legit or not. Anyone else heard of them?

auCL-Ed
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8 September 2022 - 11:38pm
#2

Never heard of them either - and the name immediately makes me think that they are a cheap imitation of Bet365. I mean Bet365 makes sense - they are saying that you can bet every day of the year if you want. What is Bet90 supposed to mean? You can bet 90 days of the year? 90 minutes in a game of football? I dunno, it just sounds crappy.

Anyway taking a look at them I see that they are a BetConstruct white label operation which isn't a good sign. It is kind of a "rent a sportsbook/casino" where the operator is basically just a marketer who shares the profit with the infrastructure supplier BetConstruct. We've reviewed a couple and I've not seen a good white label of theirs before. They have a Gaming Curacao license, which is another bad sign. This means that they are effectively unregulated and there are no official procedures that you can use in a dispute.

A quick look at the T&Cs and these clauses stand out:

Quote:

6.11. The Maximum total withdrawal amount from all available products within a 30-day time period is €10,000 (or currency equivalent), and the maximum per day (24 hours) is €2,000 (or currency equivalent).

6.13. Bet90 limits the amount of maximum winnings you may accrue to €5,000 or currency equivalent in one day (24 hours) and €10,000 or currency equivalent in one month (30 days period). The maximum you may win per bet is €5,000 (or currency equivalent).

Wow that clause 6.13... clearly it is not a well capitalised operation.

Edit: Also I just found that their operator B90 Holdings PLC trades on the London Stock Exchange under the ticker B90. The current share price is 4.63p, down from a high of 14.9p in the last year and over 88p in 2017. Their last annual report discloses that they lost £3.4m in 2021 on revenues of only £0.8m.

I'm speculating but that clause and the financial results suggest to me that they may be delaying because they don't have the money to pay you.

It is probably unlikely to work but if you go to the B90 Holdings website and use the contact form there perhaps it could apply some pressure from their corporate overlords to pay you.

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nostekepannen
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9 September 2022 - 3:44am
#3

Thank you for the comments barbadosslim93 and CL-Ed. Looks like the company are unknown...

And wow, CL-Ed...you have to be a real expert, I can't remember to have read a more professional statement in the industry of casinos/bookmakers😯

It would also be very interesting if you have any recommendations of bookmakers CL-Ed?
Like lately even sbobet and maby 188bet also have got some bad reviews.

CL-Ed

auCL-Ed
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11 September 2022 - 11:25pm
#4

Thanks stekepannen you are very kind. I have been doing this a long time so know some of the warning signs to look for. Though their annual report does not look good, at least there is a public face for the company, you know who is running it and they may be somewhat accountable. Hopefully the money will come through soon.

My favourite site for sports betting is Bet365, but other goods ones include Unibet and Betsson or one of their related sites.

stekepannen

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nostekepannen
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14 September 2022 - 5:45am
#5

For bookmakers who hardly limit Pinnacle is an option, they have been operating for long. When it comes to asian bookies I am more skeptical. Singbet and sbobet have got really harsh reputation. When corona hit in the 2020 sbobet maby got affected.
But I dont know all of this really. Just some stuff I have been reading around on forums.

nostekepannen
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22 September 2022 - 3:17pm
#6

Withdrawal still not paid out.
Bookmakersreview is contacted, but bet90 keep delaying to contact them back.
Askgamblers did not offer a complaint regarding bet90.
Any other who can clean up this?

deVivene
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7 October 2022 - 8:02pm
#7

Hi and wrote to a support team? Just often there are problems on the side of the bank and the casino is not to blame. I recently had such a situation at another casino had to wait long for the payment and it turned out that the problem was in the transaction on the side of the bank ...

auCL-Ed
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11 October 2022 - 12:30am
#8

Did you look up the B90 Holdings website? There is a contact form there. Perhaps some pressure form the corporate side may help.

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