Sbg Global Sports Betting

Posted : admin On 3/29/2022

SBG Global Sportsbook Review BLACKLISTED – Since its inception in the late ‘90s, SBG has made a name for itself in the online betting industry — but for all the wrong reasons. The betting site has a long-lasting reputation for scamming its players.

SBG Global’s sportsbook odds can be seen on prominent sources such as Covers, ESPN, Yahoo, USAToday, MSNBC and AOL, and they maintain one of the highest credit card approvals in the industry with most transaction methods free of charge. Top 5 Reasons Why SBG Global.
SBG Global is one of the oldest offshore sportsbooks having been established in April 1999. They are currently rated D+ on our sportsbooks rating guide. Over the past couple years the number of complaints about them hitting forums has been low.
SBG Global is an online sportsbook for sports betting, casino, horse betting, online poker and wagering. Join us and play casino games, bet on sports & horse races.

SBG Global is one of the oldest offshore sportsbooks having been established in April 1999. They are currently rated D+ on our sportsbooks rating guide. Over the past couple years the number of complaints about them hitting forums has been low. Perhaps they are now better than they were in the past, or perhaps most players have heeded the warning not to use them.

There are certainly a considerable number of SBGGlobal scam warnings floating around the web. Long time industry watchdog SBR (Sportsbook Review) has them rated D- which is near their scam level, and has archived many past SBGGlobal complaints. In this article I will recap some of those. First our advice is that any very extremely dedicated advantage players might still want to hit this site up for a bonus, or for betting small on any soft lines they offer. They are not in the D to F range where getting stiffed is more certain, and they do issue payouts to most players. The risk of having issues probably makes them not worth it for everyone else. Alternatives can be found in our extremely detailed article on US betting sites (a must read for those new to betting online from the US) or by using our sportsbook ratings.

SBGGlobal Complaints

SGBGlobal scam warnings go back about a decade and a half. Sportsbook Review was simply a web-log of player/sportsbook disputes from other forums back then not having a their own forum, reviews, odds feeds, tools or any of that when on September 17, 2001 (13-years ago!) they placed them on the run list (about today’s equivalent of a D- or F rating). SBG did work their way back up to D+ and were rated this from 2004 to 2006. That changed in 2006 when a serious rash of complaints began to spawn. The bulk of what I am about to recap is as reported by SBR on their SBGGlobal Review page and our own additional research from forums.

It appears from 2006 on, the most common accusation that players were being scammed involved SBG Global allegedly confiscating account balances of winners who had an account with one of their sister sites. Today, their company owns two additional brands BetRoyal and Sports-Gambling, but in the past had others too. The allegation is that in their “too many words to read terms and conditions” they included small print that stated players were prohibited from having more than one account at SBG Global networked sites; listing the other sites this applied to. Many bettors were unaware of this term. From here SBG Global is said to have freerolled… meaning, anyone who lost was free to continue wagering. Anyone who won had their deposits refunded to them and told their winnings are void because they broke the duplicate account rule.

Rule 106-B Winners Not Allowed?

Articles about the alleged SBG freeroll scam caught on and the company stopped enforcing that rule. They however then added a wiseguy rule which made it against the rules for professional players to use their site. This is the type of rule other sportsbooks have used to steal from players using their own discretion to enforce vague terms. Complaints about SBGGlobal regarding this rule, started to flow in. In June 2006 one complaint involved a better who said he deposited $10,000 and ran it up to nearly $29,000 betting steam on NHL hockey. SBG Global told Sportsbok Review they “zeroed his account because he is not someone we wish to deal with”. From here it took almost three months of bad press to get back only the $10,000 he deposited back, while the winnings remained void.

In August 2006 there was a complaint that claimed SBG Global confiscated $3,000 from a player for being too sharp. In November that year a player reported having his account balance of $56,000 zeroed out. After much complaint he was given a onetime take it or leave it offer of $21,000, while another player reported having $13,500 zeroed, and yet another reported having over $100,000 confiscated late into that same month. You can visit the linked to SBR reports to see the madness of it all, but the company continued to rack up complaints in 2007, and in 2008 cumulative complaints alleged over $1 million USD total had been voided from player accounts.

Scam Targeting Smaller Bettors

In addition to there being alleged scamming of big winners, SBG Global did wrong average players involved in Formula 1 betting as well. In 2009 they had preseason F1 future odds of Jenson Button winning the championship at 70:1. After Button won the first 2 races, SBG Global voided wagers (later offered to adjust to 10:1) citing gross human error. This was absurd because other sites were offering around 50:1 on this future and 70:1 was not an obvious line error.

There are other betting sites that have used this tactic routinely. Bump the payouts on a big underdog extremely unlikely to win with no intent to pay if it does. Most times they upset no one, but the times the big underdog does win they get to keep 100% of the bets they took on that market, less mere refunds to the winners, by claiming it was a bad line. This is one of the oldest old school betting scams in the book and intentional (as it most likely was) or not (as it most likely wasn’t), this is was an unethical business practice SBG Global was involved in.

Other SBG Global Complaints

Going back even further, years ago there were forum posts about players losing their balances following a radio handicapper. After a hot streak, there were complaints that SBG accused these players of being part of a “betting syndicate” and zeroed their accounts. One player in this situation claimed to have had a balance of 80,000 dollars and there are no reports that any of it was ever paid. A quick Google search of “SBG Global Complaints” will turn up much more than what is covered in this article.

Slow Pay Complaints

The last real negative news from SBG Global came in May 2012 when there were a number of mid five-figure slow complaints. Press hit the forums over this and some were predicting this would be their end. That however turned out to be premature as within days of the bad press starting all players were paid. Prior to that they were running well for about 1-year too, and all books do sometimes have processor issues.

Current Status

SBG Global obviously has a poor reputation around the web. Of course, there is however no reason at all for them to be stiffing what appear to be recreational players cashing out small amounts. In this case they make a payout and then later get the player back, he loses many more deposits and they profit from those. Now there is risk always of a book disappearing, such as when BetIslands closed while holding over $1.5 million in player balances. But SBG has been around for a long time and the risk of that is smaller. They are rated D+ because this gives enough warning to players in hopes they research them, while still not putting them in the no pay range as this is not where they have belonged for a while now.

However, our opinion is that where there is smoke, there is mostly likely at least some fire. The majority of the smoke has come involving complaints with players who ran up large balances. This means if you decide to use SBG Global, our advice is to not bet any large parlays, large future bets, or anything else that could see your balance swell to a significant figure. If you play here keep it small and do straight bets or moneyline favorites, while avoiding the rest.

Be Careful of Affiliate Portals

In closing SBS reminds that there are several websites paid large commissions or advertising rates to promote less than reputable sportsbooks. An example until very recently was TheRX.com who for many years listed SBG Global at #2 behind EZStreetSports who we view as being scammers. Such recommendations are simply bought and paid for advertisements. Do your research and take anything found on review portals with a freight load of salt.

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Sportsbook Fantasy Betting - Straight Bets

Pick you choice of a side or a total on a single event or game. Your sportsbook bet is determined by the type of picks you choose wheter it is a pointspread, game total, money line, run line, or puck line. Your pick must either win the game or event, or cover the spread depending on the type of bet you have chosen. Your payout depends on the odds of the pick you have chosen.

Sportsbook Fantasy Betting - Parlay Bets

SBG Global offers the best parlay payouts in the industry, for every sport. A Parlay is a compound bet that includes two or more teams. All teams must cover in order to win your parlay bet. If one of your teams loses the entire parlay bet is lost.

The payout depends on the number of teams chosen to be included in your bet.
See the table below:

Number of Teams	Payout
2 Teams	2.6/1
3 Teams	6/1
4 Teams	12/1
5 Teams	24/1
6 Teams	47/1
7 Teams	91/1
8 Teams	175/1
9 Teams	335/1
10 Teams	642/1

Sportsbook Fantasy Betting - Special Teasers

On a Special Teaser you can choose between 2, 3, or 4 Teams.
Each selection in a Teaser receives extra points.

Teaser Type	Odds	Football Points	Basketball Points	Totals Allowed
2 Team Special	110/100	6	5	2
2 Team Special**	120/100	6.5	5.5	2
2 Team Special**	130/100	7	6	2
3 Team Special	110/100	10	7	2
4 Team Special	110/100	12	9	NO TOTALS

Special Teasers:TIES ARE CONSIDERED A PUSH AND THE JUICE ON SPECIAL TEASERS IS 110 TO WIN 100. EXCEPTIONS ARE HIGHLIGHTED ABOVE.

Example Tie:	Example Juice:
tie + loss = loss	Risk	Win
tie + win = push	110	100

Sportsbook Fantasy Betting - Vegas Teasers

Vegas Teasers: 6pt. Football, 4pts. Basketball. Ties will revert, the wager does not lose, the wager reverts to a lower number of teams and the payout is adjusted accordingly. If a in a 3T Vegas Teaser there is a puch it will revert to 2T Special Teaser. In a Vegas Teaser you can choose between 3 and 8 Teams.
Each selection in a Vegas Teaser receives extra points.
For Football Teasers - 6 points. For Basketball Teasers - 4 points.
Example: 4 Team Vegas Teaser: 3 Wins & 1 Push (Tie) = 3 Team Vegas Teaser.

Teaser Type	Odds	Basketball Points	Football Points	Totals Allowed
3 Team Vegas	2/1	4	6	ANY
4 Team Vegas	3/1	4	6	ANY
5 Team Vegas	4/1	4	6	ANY
6 Team Vegas	5/1	4	6	ANY
7 Team Vegas	6/1	4	6	ANY
8 Team Vegas	7/1	4	6	ANY

Sportsbook Fantasy Betting - If Win Only Bets

You choose two picks, they can be sides or totals. These are considered two straight bets based with a special condition. Your first bet has to win ONLY in order that you have action on the second bet. If your first bet wins, then the same amount as your initial wager can be placed on your second team. An If Win Only Bet also allows you to use your potential winnings on the second part of the If Win Only bet.
For example:

Pick	Line	Odds	Risk	Win	Grade
A) Toronto Raptors	-5 ½	-110	110	100	Win
B) Ravens/ Buccaneers	OV35 ½	-110	210	190	Lose

Sportsbook Fantasy Betting - If Win, Tie or Cancel Bets

This is very similar to an If Win Only Bet. The difference is that you have action on the second bet if your first bet wins, ties or the first bet is cancelled. Additionally, you CANNOT use your potential winnings from the first bet to cover your second bet because of the tie or cancel possibility. However, you can risk more in your second bet than in your first bet provided you have the balance to cover the wager.
For example:

Pick	Line	Odds	Risk	Win	Grade
A) T.B. Lightning	+1	+125	100	125	Push
B) Warriors/ Hornets	UN179	-110	100	90	Lose

Sportsbook Fantasy Betting - Reverses

Reverse bets are essentially two If Win, Tie or Cancel bets, the secon being in “reverse roder” than the first. You choose two picks, they can be sides or totals. If your initial bet wins, ties or is cancelled, then you will have action on your second bet. At the same time, if your second bet wins, ties or is cancelled, then you will have action on your initial bet. Essentially, you have created two straight bets. The amount of the reverse will be the amount of each straight bet. The maximum risk involved is twice the highest risk of your two bets. The maximum you can win is twice the winning amount of each pick you have chosen.*
For example: