Sportsbook Review, The Online Leader of Sportsbook Ratings and Industry News Releases its 2012 Sportsbook Scam Alert for its 2012 Football Betting Season

SAN JOSE, COSTA, RICA, September 06, 2012

With the start of the NFL season comes a bevy of sportsbook promotions and seductive offers created to lure bettors into winning some serious cash. Within the sea of sportsbook offerings, you'll also find that not all offers are created equal and some are just complete scams. It's up to you to use the Sportbookreview.com rating guide to help you do your research and find the soundest offers on the net.

Below we have compiled a list of sportsbooks that bettors should stay clear from due to their faulty offerings. This is also an opportunity for players to buzz in and alert SBR in case you have been previously scammed by a sportsbook. They want you to share your story and who knows, they might just be able to help you recover your funds.

Topping the list of sportsbook scams includes:

1) Oddsmaker Sportsbook (SBR Rating F)
This sportsbook tops the SBR list and claims that while having outstanding customer service and a successful website, it has been reported by Sportsbook Review that Oddsmaker has had over $250,000 in confiscations. With their in-house rule of forbidding "non-recreational players", they are able to forfeit player balances while returning only deposits. They've also become notorious for closing player accounts who successfully won a promo.

2)WSEX (SBR Rating F)
Once a powerhouse, WSEX Sportsbook's debt has gone upward with a total of $845,316 overall, meaning that player balances are at stake here. According to SBR, WSEX player debts have been owed since 2009 with many "unsuspecting players realizing each day that the sportsbook is unable to pay.

3) Global Wagering (SBR Rating D-)
Global Wagering is fairly new on the scene and surfaced back in July of 2012. Just about one month into business SBR put them on their Scam Alert list. Sportsbook Review claims this may be one of the many operations that rise just before the NFL season to make a quick buck. Based in Nicaragua, their management is comprised of a "low-level" sales agent who recently set up shop along with five other employees.

SBR urges players to stay away from sketchy, unheard of bookmakers whose fly-by night scam operations have come and went, leaving players without funds.

4) Bet Royal (SBR Rating D-)
Bet Royal Sportsbook is a repeat offender and is on Sportsbook Review's blacklist. With claims of having confiscated $500K from a group of professionals, the sportsbook was surely under investigation. From SBR's findings, Bet Royal claimed to have operated in this instance with the sole agreement that said player was not to withdraw winnings only deposits. Bet Royal was not able to justify their actions, while the player claimed to never having made such an agreement. SBR claims, that it was believed that Bet Royal erased the balance in order to remove $500,000 in liabilities, actions that you would never hear from top sportsbooks such as 5Dimes or Pinnacle Sports.

5) ABC Islands Sportsbook (SBR Rating D)
ABC Islands Sportsbook is the #5 pick on scam list with over $200,000 in cash owed to players. As SBR reported, the sportsbook openly claimed that no payouts would be made until football season. Apparently, players are on payment plans in order to receive winnings but unfortunately some players end up losing their balances while waiting for processing times. SBR warns players to stay away from sportsbooks who have a history of bad payments.

In case you're not feeling so confident about the sportsbook you're dealing with, the Sportsbook Review Betting Guide can quickly help you sort through the sea of A+ books all the way to the ones with an F rating. With forums, sportsbook industry message boards and a free sportsbook dispute service, players should feel more secure as they navigate through hundreds of sportsbooks without becoming the next online sportsbook victim.

SBR Marketing is the leading source in sports betting news. To contact us directly, please reach us at marketing@sbrmarketing.com