SportingBet Casino Review

SportingBet Casino Review

"Unethical terms for progressive jackpot payouts"

Last Updated: Apr 16, 2020 - by
Rogue Casino
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SportingBet Casino Review

"Unethical terms for progressive jackpot payouts"

Accepted

Pros

  • Not many

Cons

  • Rogue payout terms

Overview

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.

Winners Screenshots

Deposit & Withdrawal

Accepted currencies:
Deposit Methods:
Bank wire transfer Laser Maestro MasterCard Money Transfer Neteller Paypal Paysafe Card Skrill Switch Ukash Visa Visa Debit
Withdrawal Methods:
Bank wire transfer Neteller Paypal Skrill Visa Visa Debit
Cashout time
96 hrs
Reverse time
24 hrs
Weekend Cashouts
Yes
Payout Limits
None
Lock Withdrawals
No

Games & Software

Rogue terms for their progressive jackpot games. This casino should be avoided at all costs.

General Information

Founded
July 2004
Accredited
December 2014 - March 2018
Publicly traded
Mobile
No Deposit Bonus
Affiliate program
SB Affiliates
Live Games
Jackpots
Loyalty program
Certified
Casino Reps
Review Published
Website
http://www.sportingbet.com/
Contact
Licensing Jurisdiction
Authorized Countries
Country Restrictions
Phone contact

24/7 assistance via live chat, phone, and email

User Comments and Experiences

Casinomeister's Verdict

Bryans Verdict
Rogue Casino

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

Rating

1/10

Forum threads

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Last post by Gemma A
5 years ago
Do NOT follow this link or you will be banned from the site!