SportingBet Review

Unethical terms for progressive jackpot payouts

Written By: Casinomeister
Nov 26, 2024
Affiliate Disclosure Affiliate Disclosure Our content contains affiliate links and, yes, we may earn a commission if you sign up or deposit through them. At Casinomeister, we’ve been an advocate of fair play since 1998 so you can rest assured we don’t endorse just anyone. We only back operators who are licensed, regulated, and have passed our no-nonsense vetting process. Gamble responsibly, know the rules, and make sure you’re of legal age in your country.

Casinomeister's Verdict

Avoid this casino at all costs. If you happen to win a progressive jackpot, you will be screwed.

Avoid this casino

1 Our Rating
1 Player Rating
sportingbet.com
July 2004
Payout speed
starstarstarempty starempty star
Withdrawal limits
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Customer service
empty starempty starempty starempty starempty star
Software & Games
starstarstarstarempty star
Licensing
starstarstarstarempty star
Gibraltar, UKGC
4ThePlayer, Microgaming, NetEnt, GameAccount, Evolution Gaming, Play'n Go...

First Impression

Please note: SportingBet Casino and all UKGC Casinos no longer accept credit cards.

 

Once an accredited casino – but barely. They always had an issue with maintaining a forum presence, or answering any questions when it came to player complaints. It was only a couple of years ago that they had a new manager who actually had his act together, and Sportingbet remained in the Accredited section.

But he’s gone now, there is no representative in the forum, and they have added rogue terms to their payouts of progressive jackpots:

10.3

You agree that the maximum amount that You may withdraw is twenty thousand US Dollars ($20,000) (or the equivalent amount in EUR or GBP currency) every 30 business days. All amounts larger than twenty thousand US Dollars ($20,000) will be paid every 30 business days until the full withdrawal amount is reached. This condition also applies to winnings of progressive jackpots.

This is such a load of crap – it’s unethical because it is not their money to begin with – and it is probably illegal. If any player wins a progressive jackpot – even a small one like Luck o’ the Jackpot (which is at $2.5 million right now) – it’s going to take over ten years to pay this out. The only reason a casino puts payout limits on progressive jackpots is to make sure the player plays the money back – money that never belonged to the casino in the first place (the winnings are pooled funds – not exclusively the casino’s). There is more information about that here: Playtech Progressive Jackpot Scandal.

Operators who try to pull this scam ought to be drummed out of the business. It’s abhorrent – and for a licensing jurisdiction that condones and justifies these terms should be lambasted: UKGC and Gibraltar. Just goes to show they either do not care about the player, or they are too preoccupied to do their jobs properly and ensure players won’t be scammed by their casino properties. Take your pick.

And since this is a publicly traded company, someone ought to ensure that this Rogue listing is included in their quarterly report.

But we all know the answer to this one: it’s all about the money – f*&% the player.

Pros

  • Not many

Cons

  • Rogue payout terms

BONUSES AND PROMOTIONS

 

Exclusive offers

 

Welcome Offer

 

No-Deposit & Free Spins Offers

 

VIP and Loyalty Programs

 

Cashback

 

Bonus Terms

 

Sign up process

 

Banking & Payment Methods

 

Withdrawal Speed

 

Average Based on 2 real users

REQUEST DATE
COUNTRY
BANK METHOD
REVERSE TIME
PAYOUT HRS:MIN
ID REQUIRED
WEEKEND REQUEST
AVERAGE
13:30
49:30
01 July, 2015
Canada
EcoPayz
24:00
55:00
No
No
08 March, 2016
United Kingdom
Debit Card
3:00
44:00
No
No

Responsible gaming

 

Customer support

 

KYC

 

Website Experience and Features

 

Brand games

Providers

 

Slots

 

Live Dealer Games

 

Table Games

 

Progressive jackpots

 

About the Team and History

 

Complaints and Track Record

 

Casino Facts

FoundedJuly 2004
AccreditedDecember 2014 - March 2018
JurisdictionsGibraltar, UKGC
Casino representativeVIP Manager
Affiliate programSB Affiliates
Is this casino certified at CasinomeisterNo
Payout Time96 hrs
Reverse Time24 hrs
Payout LimitsNone
Weekend PayoutsYes
Locks WithdrawalsNo
Austrian German, Bulgarian, Croatian, Czech, Danish, English, French, Greek, Hungarian, Italian, Norwegian, Polish, Portuguese, Romanian, Russian, Spanish, Swedish
Laser, Maestro, MasterCard, Money Transfer, Neteller, PayPal, Paysafecard, Skrill, Switch, Ukash, Visa, Wire Transfer
Neteller, PayPal, Skrill, Visa, Wire Transfer
Casinomeister
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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
bryan@casinomeister.com

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