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Bet911 Five Minutes of Fame Over: Book is Insolvent

Written by:
Jagajeet Chiba
Published on:
May/04/2010

A small and poorly capitalized online sportsbook appears close to shutting down.  Bet911.com, which quite obviously attempted to capitalize on the Gambling911.com name but was never permitted to advertise on this website, now claims they have insufficient funds to pay players.

We already know the script.  It's been written several times before by these underfunded fly by nights.

Some customers have had troubles withdrawing monies from the online payment transfer firm Moneybookers, popular among Web gamblers.

Moneybookers.com explained why payments were not forthcoming from the troubled betting shop:

The customers didn't receive their payouts from Bet911.com because they don't have the funds to complete their payouts. If you have any questions on this please let me know.

Our advise to Gambling911.com readers who may be affected by this matter:  "Don't hold your breath waiting and try to patronize only Gambling911.com sponsor books as these appear to be the companies set for the long haul."

Sponsors pay a premium to be listed on the Gambling911.com website.  Fly-by-nights and financially troubled books need not apply as they won't be able to afford it.

Good grief people, stop playing at these sh** books already!

Jagajeet Chiba, Gambling911.com 

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