Updated In January, 2021 - 1BetVegas is a sports betting management platform. Most people assume that the 1BetVegas.com web site is an actual sportsbook but they would be mistaken. There have been a number of 1BetVegas scams reported online. On this web site I will be reviewing 1 Bet Vegas, providing some warnings and sharing a list of genuine online sports books, bookmakers, bookies and sports betting sites that are open to Americans and have excellent reputations. 1BetVegas and the company that operates the web site are not actually scammers and con-artists to the best of my knowledge. They do appear that way at a glance but it is a complex situation. I will be providing some examples of 1BetVegas scams to show you how people abuse this bookie service. To be completely honest I am not sure why people choose to deal with personal bookies when online sports books like Bovada are available. Most bettors who fall victim to 1BetVegas.com related scams are referred to the site by the person they bet with over the phone. 1BetVegas's sister site - Betcapri - is essenially the same thing but they are far more popular in 2014. could not place wagers that way. I'd prefer betting with a billion dollar company that has millions of happy customers from America and a spotless track record. To each their own though. Here is a list of the leading US sportsbooks in 2014. Millions of Americans bet with these companies because they payout so quickly, they have better lines, excellent bonuses, promotions, 24/7 support, live in-play betting (bet on if the Bears will get a 1st-down on the next play), mobile betting and other perks and features that bookies simply cannot match.
USA Bookmaker | Bonus - January, 2014 | Visit |
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50% bonus up to $250, Free $5, 5% Rebate On Horse Bets | Visit Bovada |
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50% bonus up to $2,500, 7% Rebate, $135 in Free Bets | Visit BOL |
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$10 Free (No Deposit), Free $5 Bet, 50% Bonus Up To $250 | Visit Topbet |
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Free $25 Bet, 8% Daily Rebate, 25% Bonus Up To $250 | Visit Carbon |
What prompted me to create this web site about 1BetVegas? A buddy of mine got scammed/conned out of several thousand dollars. I've working in the online sports betting and gambling business for years so I looked into it for him. I came to realize that many people use the 1BetVegas.com sportsbook web site but there is almost no information about them online, except for complaints on sports betting forums and reports on fraud report sites. Most online betting sites have thousands of reviews and such online but 1BetVegas.com has next to nothing. This 1BetVegas review will look at how this sports book works.
So instead of being a sportsbook www.1BetVegas.com is a web site that hundreds of bookies and betting agents use to track wagers, balances and all of that. There is also a casino at 1BetVegas. Customers do not need to deposit money to play at the casino. They will be given a balance of chips and the software will track their wins and losses. For instance, let's say I bet with an agent that uses 1BetVegas and I wanted to gamble at the casino. I would ask my bookie or agent to fund my account with $1,000 in casino chips. These chips are basically "fun chips", the bookie just clicks a few buttons and the money is credited to my account.
If I turn the $1,000 into $5,000 the bookie will pay me - however he normally does so. If I lose I will owe my bookmaker $1,000 and I will pay him in the usual manner. In a perfect world that is how it works.
Lets say that your bookie told you to start placing your wagers at the www.1betvegas.com web site. Lets also say that you have a $5,000 running balance with your bookie. When your account is created he will input $5,000 and that is what your account will show. From there your sports wagers and casino action will be taken off or added to the $5,000. Some agents and bookies who use the 1BetVegas platform use the following scam to steal your money:
Many victims assume that 1BetVegas is responsible for stealing their money. I cannot say with absolute certainty that they are innocent in all of this but from what I understand they are simply the company that manages the software. A 1BetVegas representative has stated on an online betting forum that users can call 1BetVegas.com's 1-800 number or email support to report any fraudulent activity. He claims that 1BetVegas regularly investigates scams like this and bans any agent found guilty but since 1BetVegas is never in possession of customer funds they cannot help the victims recover stolen money.
I could understand it is a sports bettor was not comfortable placing wagers online but since 1BetVegas customers are doing just that I do not know why they would risk their money in this fashion. Even if your bookie is legitimate has never done anything wrong it is extremely risky to bet with individual bookies and even larger organizations. Plus there is always the possibility of a busted kneecap. Personal bookies and services like 1BetVegas are simply obsolete in 2014. Online sportsbooks have many advantages:
The only disadvantage online sportsbooks have over services like 1BetVegas and the bookies who use it relates to the ability to be fronted money to bet. At an online bookie like Bovada Sports, , CarbonSports, BetOnline or TopBet you must deposit the money into your account before you place a wager. You can not simply call them and request a $5,000 bet on a upcoming football game. You can essentially only bet what you have in your account. This may seem limiting to some bettors but others will appreciate the fact that you cannot get carried away and lose more than you can cover. Another plus is the payment processing. Here are some examples on how U.S. sportsbooks will pay you and how long it takes:
Our sportsbooks for US citizens accept a wide range of deposit options. You can use Visa, Mastercard, Moneygram/Western Union (online or in-person) and bank wires to fund your account. Unlike balances at 1BetVegas, the funds you have at an online sports book are real money, not funny money. Every penny you deposit is held in a separate bank account and is completely secure. Here are special bonus links for the best US sports betting sites in 2014.
USA Bookmaker | Bonus - January, 2014 | Visit |
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50% bonus up to $250, Free $5, 5% Rebate On Horse Bets | Visit Bovada |
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50% bonus up to $2,500, 7% Rebate, $135 in Free Bets | Visit BOL |
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$10 Free (No Deposit), Free $5 Bet, 50% Bonus Up To $250 | Visit Topbet |
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Free $25 Bet, 8% Daily Rebate, 25% Bonus Up To $250 | Visit Carbon |
If you need to contact 1BetVegas.com's customer service there is a phone number you can use to reach them. Remember though, the customer support people at 1BetVegas do not work with or for your agent or bookie. They are not the people you place wagers with. They are basically a third-party who managers the sportsbook service. They can help you if you have been ripped off but they are not responsible for it and do not have the money that was stolen from you. The company behind 1 Bet Vegas simply collects a fee from the agents who use their service.
The 1BetVegas sportsbook is just a platform bookies and sports betting agents use to give their customers a place to enter their wagers, track bets, play casino games and monitor their finances. The balance of your www.1BetVegas.com account is not real money unless your personal bookmaker chooses to and is able to honor it. You should use extreme caution when wagering on sports in this fashion. That concludes this 1BetVegas review for 2014.
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