Betezy Update – I would be taking my money out.
I posted in September about how I was worried about Betezy and its clones (dynabet, so on). I took all my money out and haven’t touched them since then. They stole over $4,000 in free bets from me and choose to not return any emails or calls. This to me was a terrible way to treat a customer and any business that works this way is not going to last long.
Recently this week I have heard from a number of current customers who are starting to receive more and more offers from Betezy to get them betting, ranging from 10% all the way up to 30% Deposit bonuses on any sum they wish to deposit. Yes, that’s right, someone can deposit $25,000 and receive a $7,500 bonus. There are so many terms linked to these offers and if you make one mistake they will revoke the bonus. Now this in itself is nothing new for Betezy, they have offered such generous bonuses before and I have taken them up and followed the rules and eventually (after many hassles) been paid, until this last time. If this was the only piece of news I had heard then I wouldn’t be writing this post.
Here’s the kicker, they are now telling players that they have offered this bonus to that they will also match the best prices found on the net. So if they offer $2 on a team and you use betbrain and see you can get them for $2.6 at a competing book all you need to do is call them up, show them the better price and they will match it. This is a massive warning sign to me that they are in big financial trouble. Again, this is just my opinion and hopefully this is just a new tactic they are testing to see if it brings in new revenue, but how they could offer this and make a profit is beyond me, it leads me to believe that they need new deposits to cover the withdrawals from other players.
I have contacted Betezy and asked for a reply about this as I feel it needs to be addressed.
Do you have an account with Betezy? have you been offered these terms? let me know in the comments below.
interesting, and good find. They could however believe that whilst some punters would take the time and effort to find better odds and then inform them of it, most wouldn’t. And if they have hassling punters constantly telling them of better odds, well, they would shut them down. Wouldn’t surprise me.
Well I would assume any punter depositing such a large amount would already be seen as either a winning punter or someone to keep their eye on. I know if I was given this offer from a sound bookmaker I would be moving all my bets there.
I hope this is the future of betting, bookmakers matching best odds, but I highly doubt it.
punters that constantly find the best price are the first ones to be shut down. sounds like betezy are lazy and getting the punter to declare them self the punter with knowledge, I have been shut down at books and the reason given is i was”taking the best prices so long term i would be a winning punter”. bet365 said that in an email, and i was in the hole for a few thousand with them, when i was shut down.
Hi Bazz,
I didn’t think of it like that, they are now outsourcing their own customer management to their customers. haha
It’s happened to me to Bazz, bookies closing my accounts even though I was down many thousands. If you take a top odd then your painted with a scarlet P for pro and that’s the end of it.