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[MLB Betting] Topic: Sporstbook rumors.... |
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vanzack |
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Legend
Joined: Nov 2001
Posts: 49693
Location: Equatorial Guinea |
#1 Posted: 2/27/2011 11:59:38 PM Guys - major rumors about the most popular sportsbook for MLB for Americans.
Do some reading.

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KktdocT |
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Covers Rehab
Joined: Jan 2006
Posts: 60701
Location: United Kingdom |
#2 Posted: 2/28/2011 12:04:16 AM What's that? Where can I read this? |
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vanzack |
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Legend
Joined: Nov 2001
Posts: 49693
Location: Equatorial Guinea |
#3 Posted: 2/28/2011 12:18:34 AM Go to the gaming industry forum here at covers. |
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vanzack |
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Legend
Joined: Nov 2001
Posts: 49693
Location: Equatorial Guinea |
#4 Posted: 2/28/2011 12:32:50 AM NOTICE Matchbook has been sold effective February 28th 2011. The new owners of Matchbook have been informed by its legal advisors that accepting wagers from anyone located within the United States might constitute a violation of United States law. Accordingly, Matchbook will no longer accept a participant located in the United States, where wagering on a sporting event or any other event in which chance predominates might be a violation of law. As a result, if you are a registered participant located in the United States, you will not be able to access your account for the purposes of placing a wager effective immediately upon the transfer of ownership of Matchbook on February 28th 2011.
The accounts of all registered participants located in the United States will be closed effective February 28th 2011. The new owners of Matchbook will work with the affected participants to ensure that all funds remaining in the registered participants’ accounts as of February 28th 2011 will be returned to the registered participants located in the United States within 31 days from the aforesaid date. Registered participants whose accounts will be closed effective February 28th 2011, will be sent, via email, detailed instructions as to the procedure required to receive the funds remaining in their respective accounts as of February 28th 2011. The new ownership will provide contact information for questions from registered participants whose accounts have been closed. Participant’s funds not claimed within the 31 days will be turned over to the Antigua Financial Services Resource Commission.
The new owners of Matchbook are in no way associated or affiliated with WSEX or the previous ownership of Matchbook prior to February 28th 2011.
The new owners and management look forward to heralding a new dawn in financial prudence and stability, while continuing to offer a world class betting exchange with improved global sports offerings. Matchbook intends to expand its operations into the European and Asian markets through encouraging a steady increase in event liquidity as well as expanding payment channels into these markets. Please stay tuned for further updates in the coming weeks.
The Financial Services Regulatory Commission, (FSRC) the agency responsible for overseeing the online gaming industry in Antigua and Barbuda has been advised of the transfer of ownership of Matchbook and has approved the transfer to the new ownership. The FSRC could be reached at www.antiguagaming.gov.ag.
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depressed |
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Banned
Joined: Oct 2009
Posts: 6583
Location: Metropolitan France |
#5 Posted: 2/28/2011 12:40:32 AM All done
Been with them for 4 years
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nbafan88 |
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Hall of Fame
Joined: Mar 2008
Posts: 26300
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#6 Posted: 2/28/2011 12:46:27 AM this sucks majorly for baseball.... holy garbage
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GameHunter |
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MVP
Joined: Dec 2006
Posts: 17382
Location: United States |
#7 Posted: 2/28/2011 7:56:48 AM Holy sh$%!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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timdogs17 |
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All-Star
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Location: New York |
#8 Posted: 2/28/2011 8:51:40 AM  |
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jagerfury |
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Veteran
Joined: Feb 2007
Posts: 2596
Location: Colorado |
#9 Posted: 2/28/2011 9:00:07 AM Best place to bet baseball, free market economy my behind... United States of Serfdom!!!!
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PINNACLE |
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Veteran
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Posts: 4356
Location: Ohio |
#10 Posted: 2/28/2011 9:21:02 AM Just out of curiousity, why are places like Pinny and Matchbook worried about violating United States law? Are their owners American? Why don't any of these other offshore places care about American law. I was under the impression that US law had no jurisdiction in these areas and the only REAL obstacle for us Americans was funding our accounts.
Could someone way smarter than me please explain ?
Thanks. |
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Call82 |
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Veteran
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Location: Germany |
#11 Posted: 2/28/2011 9:35:54 AM I tried to get to the MB page today a couple of times, the screen stays bank, does any of you are able to enter Matchbook? |
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vanzack |
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Legend
Joined: Nov 2001
Posts: 49693
Location: Equatorial Guinea |
#12 Posted: 2/28/2011 9:38:53 AM QUOTE Originally Posted by PINNACLE:
Just out of curiousity, why are places like Pinny and Matchbook worried about violating United States law? Are their owners American? Why don't any of these other offshore places care about American law. I was under the impression that US law had no jurisdiction in these areas and the only REAL obstacle for us Americans was funding our accounts.
Could someone way smarter than me please explain ?
Thanks.
The rumor is that the new owners are a larger European group, with already established licensed books.
Look - you are correct in your assessment above - but the US has come after book operators randomly, and almost all European books dont take US customers because of it. Carruthers and Cohen spent time in jail, and Im sure that is enough for bigger more established groups to not take the chance. They take a wait and see attitude - because if it is legalized or even semi-legalized here - the ones that behaved well and didnt take on the US when it was illegal will have a crack at getting licensed.
Pinnacle was a whole different story, from what I understand they were under direct attack because of credit group busts.
It is a real shame.

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vanzack |
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Legend
Joined: Nov 2001
Posts: 49693
Location: Equatorial Guinea |
#13 Posted: 2/28/2011 9:39:18 AM QUOTE Originally Posted by Call82:
I tried to get to the MB page today a couple of times, the screen stays bank, does any of you are able to enter Matchbook?
I was in 10 minutes ago - keep trying. |
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jagerfury |
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Veteran
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#14 Posted: 2/28/2011 10:01:13 AM People targeted by the Justice department, especially in light of our secretive rendition program, were very concerned about being kidnapped from their own country, and brought to the US on various reasons, not the least material support to terrorism. The thought of an American gulag makes it easy to swear off the biggest gambling market in the world.
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TheGoldenGoose |
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MVP
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#15 Posted: 2/28/2011 10:05:21 AM Old News.
This was first talked about two weeks ago.
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AMAZINS_DEGEN |
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#16 Posted: 2/28/2011 11:05:03 AM YEA I JUST GOT THAT SAME E MAIL 
GH what are you going to do now? |
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Urbancaddie |
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#17 Posted: 2/28/2011 11:08:35 AM  |
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happycap |
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MVP
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#18 Posted: 2/28/2011 11:11:17 AM Hey Van, GH, boys - Betfair open to the US? I doubt it but not sure... anyway same "market" concept.  |
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james369 |
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Prospect
Joined: Apr 2007
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#19 Posted: 2/28/2011 11:11:44 AM 5Dimes is awesome book for baseball |
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vanzack |
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Legend
Joined: Nov 2001
Posts: 49693
Location: Equatorial Guinea |
#20 Posted: 2/28/2011 11:14:32 AM QUOTE Originally Posted by happycap:
Hey Van, GH, boys - Betfair open to the US? I doubt it but not sure... anyway same "market" concept.
Betfair is not open to the US.
And for all the good things Betfair is, they are also expensive commssionwise - especially for rec players. They start at 5% and work discounts for volume. One of the reasons MB was so good for rec players.
Unless something changes, I am not betting MLB this season. I will watch and wait as I think it is likely that you will see a startup exchange fill the void - but I dont know how it can take hold fast enough for this season.
GL

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The_JB_Show |
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Prospect
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Location: Canada |
#21 Posted: 2/28/2011 11:15:46 AM i can't get in either. should i be trying to pull all my cash out of it asap? What other sites would you recommend?
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C2Knuckles |
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Banned
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Location: Afghanistan |
#22 Posted: 2/28/2011 11:16:07 AM Damn, that suck for you guys. Matchbook is a great book. Goddam U.S. government. I'm a poker player first and they have fucked over poker community big time in the past couple of years.
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The_JB_Show |
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Prospect
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Location: Canada |
#23 Posted: 2/28/2011 11:19:00 AM QUOTE Originally Posted by C2Knuckles: Damn, that suck for you guys. Matchbook is a great book. Goddam U.S. government.  I'm a poker player first and they have fucked over poker community big time in the past couple of years.
Can you get in C2K? I live in Canada and can't....so frustrated
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vanzack |
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Legend
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Posts: 49693
Location: Equatorial Guinea |
#24 Posted: 2/28/2011 11:19:53 AM QUOTE Originally Posted by The_JB_Show:
i can't get in either. should i be trying to pull all my cash out of it asap? What other sites would you recommend?
I am getting in no problem.
They will pay everyone. It wont be convenient, but everyone is getting paid. |
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mrenigma |
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Captain
Joined: Aug 2009
Posts: 6709
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#25 Posted: 2/28/2011 11:20:19 AM Loss of Freedom

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