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Over the last six months, the US Congress has riled up the intensity, on the war against online sports betting industry. As a result, many shops across North America have been put into bankruptcy, which has forced bettors to open accounts in Europe. One sportsbook that has been the beneficiary of the war on North American gambling is Ladbrokes. Based out of the United Kingdom, Ladbrokes is one of the oldest bookie software websites. For bettors looking for a new shop, here is a review of Ladbrokes.
For ourselves and many of our colleagues, Ladbrokes is an elite level online sportsbook, because it meets several must have criteria. Firstly, Ladbrokes prides itself on having two of the most integral pieces to a successful business, an excellent customer care program and quick payouts. Speaking from experience, the customer care agents at Ladbrokes are second to none in the industry, as they will answer all of your questions, no matter how important they may be. Simply put, at Ladbrokes whether you are risking five dollars or $5000 the agents have ability to make you feel special. As well, the two to three day payouts are some of the fastest in the industry.
On the other side of things, Ladbrokes has taken some criticism in the past, because of a few different issues. The one big issue that sticks out for most NFL cappers, is Ladbrokes need to upgrade their website. Known as a sportsbook for anyone, the reality is, that the old school feel of the website tends to only attract casual bettors and sharps that enjoy calling in their wagers. Sure Ladbrokes has a high payout rate, but when you only have a few thousand customers a year, it’s not really that difficult to accommodate all of your customers is it?
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BetFair is one of the most powerful sports betting websites in the industry today. As a result, it seems as though every one in the industry, is aspiring to find a way to join BetFair talented roster of executives or customer service agents. In November, BetFair was criticized for poaching the bookie software talent from their rivals, as they acquired the services of Breon Corcoran from rival shop Paddy Power.
The addition of Breon Corcoran has bettors at BetFair praising the company, after a short time of uncertainty. Essentially, it was during the spring, that former BetFair CEO David Yu left the company to seek other opportunities. For this reason, customers left the world’s top NFL website, out of fear that the company may be closing. However, with the addition of the aforementioned Corcoran, many customers both old and new should join BetFair in the coming months.
Corcoran will replace Yu as the CEO of BetFair. This in turn, will allow Corcoran the opportunity to be the top executive in the company, something that was unlikely to happen with Paddy Power. But it should be noted, that Paddy Power covered their tracks in case Breon Corcoran ever left. In essence, Paddy Power had Corcoran sign a contract, which would give the company six months notice as well as a two and a half no compete clause. What this means is, the earliest Corcoran could have left Paddy Power was this past August.
As we pointed out earlier, BetFair has had some difficulty over the past couple of months. The loss of Yu was a big one, as the company has struggled ever since they went public in the United Kingdom a year ago. Technically, with the addition of Corcoran things may start to stabilize.
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October was one of the busiest months in terms of news for the sports betting online industry. From former tycoons getting released from prison, to several important members of certain shops stepping down, the online gambling industry appears to be in a state of flux. One story that flew under the radar, was the bookie software dilemma faced by William Hill. Here is the story and some thoughts.
William Hill is one of the biggest online sportsbooks in the industry, servicing Europe and parts of Asia, with offices in Tel Aviv, Israel. In the middle of October, Eyal Sanoff the Chief Marketing Officer resigned from his position atop the William Hill pedestal. As a result of the resignation, William Hill owners and customers alike couldn’t imagine what came next. Essentially, 200 workers for the company in a show of protest walked off the job. Thus, William Hill went from a strong online NFL shop, to one that may go bankrupt soon.
What’s interesting to note, is that all of the workers who walked off the job, were directly subordinate to the aforementioned Eyal Sanoff. The 200 workers are all apart of the online marketing and customer service team, which harbors the majority of the company’s bets. A reason provided by the tabloids in Tel Aviv for the giant walk off, is the belief by the workers that William Hall CEO Ralph Topping, wants to move the companies operations back to the United Kingdom.
William Hill has been a main stay in Tel Aviv for the last decade, thanks in large part to tight restrictions on online gambling in the UK. But in the last couple of years, parliament has elected to legalize online betting. This in turn has brought many companies back from the international waters.
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New online Breeders Cup betting site GTBets.com has taken over accounts for the now defunct VIP Sportsbook, BetGameDay.com and Nine. With the US Department of Justice seemingly shutting down NFL betting sites by the month, is it only a matter of time before America’s newest online gambling hub bites the dust or will they flourish as well? Here is a bookie software look at the recent GTBets.com take over.
Of the three newly acquired sportsbooks, GTBets biggest acquisition by far was VIP Sportsbook, which had been a staple in the industry since 1997. However, due to the previously mentioned US DOJ crusade against the online betting industry, VIP Sportsbook and its peers were forced to shutdown. VIP Sportsbook final day under its old management was on August 1. However, as luck would have it, with GTBets now in charge, VIP Sportsbook should be up and running by the beginning of 2012 similar to BetGameDay.com and Nine.
According to a slew of reports about the acquisitions, GTBets is attempting to purchase a wide array of different sportsbooks and putting them under the same banner. For bettors that have been online for a while, consider GTBets to be somewhere in between Jazette and BetCris. That is to say, they are a middle of the pack betting conglomerate hoping to one day be and industry leader similar to BetCris.
One of the most intriguing aspects of GTBets is that they are aiming to focus their customer base in the United States. As we have discussed throughout this article, the US DOJ is on a crusade to shut down the American online betting industry. Yet, GTBets apparently is taking on US customers, in anticipation of several new alterations to the Anti-Gambling Act, which are set to be released before January.
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While some are preparing for free online fishing games, a lot of players are getting ready for football season, and the NFL kicked off on Thursday with a barnburner between Green Bay and New Orleans, with the Packers claiming a 42-34 win. You may have wanted to put a sizable stack of cash down on this game, but some sportsbooks will limit your bets. At BetOnline, you can play with the big dogs.
BetOnline has announced that players looking to bet football online will be able to wager up to $25,000 on a single matchup, as they look to soak up some of the customers leaving BetUS and The Greek, a site that is known for playing to high rollers. BetOnline has worked incredibly hard over the summer to step up their sportsbook (as well as their racebook and online casino), while BetUS and The Greek have taken a step backward, deciding not to accept American customers for the upcoming NFL football season. With this move, BetOnline are showing that they can handle the traffic that high rollers produce, and it could be just the beginning.
BetOnline is also boosting their profile in the mainstream media and are working diligently to be one of the first books with lines up, which is something that the sharpest sports betting players look for when trying to select a book. Head over to BetOnline now for more information on their new limits, and you’ll see what they are the sportsbook of choice among online betting players.
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