Sportsbook.ag Review

Sportsbook.ag Review

Complete SportsBook Analysis

In this Sportsbook.ag Review, we’ll cover the brand and company as well as the product itself.

While the company and ownership history of Sportsbook.ag is murky at best, we took the dive and will report what we’ve found.

When and if you decide to play on Sportsbook.ag, utilize a Sportsbook.ag Promo Code when creating your account.

What has become the entity known as Sportsbook.ag, first began as the simple yet highly marketable and sought after url, Sportsbook.com. (More on that below.)

Sportsbook.ag is a well known gambling and sports betting website. It’s reason for being, begins with a story starting in the mid 1990’s, when even the idea of gambling online had just started to emerge.

Before we get into the nitty gritty, it’s important for new players to understand that the history of online gaming, gambling and sports betting is full with mystery founders, corporations, groups, shadowy players and shell corporations.

While Sportsbook.ag doesn’t have a romantic rags to riches or hiking up your bootstraps and getting to work founder history, the phrase, ‘it is what it is’ comes to mind. In this case, ‘it’ was the idea of hosting a digital product online that allowed people to gamble and or bet.

It just so happened that ‘it’, was frowned upon by most of the world, had never been done before (at least on a global scale) and was rife with potential fraud.

We’re going to try to summarize what could really have a great book or even movie produced to illustrate ‘it’s’ story.

Starting point: the sportsbook.com domain name. Essentially, Sportsline USA had the sense to purchase the sportsbook.com domain name in the early days of the internet boom. Sportsline USA however, operated the sportsbook.com domain privately, without including sportsbook.com on it’s public financial statement. Again, at this time Sportline USA was a publicly traded company with a near $1 billion market cap.

If it isn’t clear from the information above, it would have been an enormous scandal to find out that Sportline USA was operating a gambling website at that period in time.

Fast forward: CBS Corporation (a Viacom brand) acquired Sportsline, USA Inc. on December 10th, 2004.

It would have been an even larger scandal if CBS Corporation via Viacom had ties to a gambling website.

Importantly however, CBS Corporation or Viacom had more than one reason to acquire Sportsline USA. This is because Sportsline USA had built itself into a bit of a sports empire, launching it’s impressive IPO in 1997 with a $109 million valuation. Sportsline USA had additionally raised a ton of capital and forged relationships with the days hottest athletes, including but not limited to Michael Jordan, Shaquille O’Neal, Tiger Woods and Wayne Gretzky.

The most murky parts of the sportsbook.com domain history are finding out exactly who owned it and when they owned it.

In October of 2007, a book titled “Bets, Drugs, and Rock & Roll: The Rise and Fall of the World’s First Offshore Sports Gambling Empire” was published. It is authored by a man named Steve Budin, who claims that he was offered to buy the sportsbook.com domain for $1 million.

This story also suggests that Sportsline USA needed to sell the ‘private’ sportsbook.com portion of it’s business in order to make it’s Viacom deal happen.

Steven Budin, was the founder of an early offshore Costa Rican sports book called SBD Global. According to Budin, the the deal was in motion until of course, he was indicted by U.S authorities on bookmaking charges.

Sportsbook.com came back online in November of 1998 using the same exact software and banking methods as a domain called playersonly.com.

Enter Patrick Callahan: Founded in or around 1996, Canadian Patrick Callahan either created or was installed to manage playersonly.com operating out of Margarita Island, Venezuela (he also opened a bar called Fat Boys around the same time). An early offshore bookmaker, Callahan’s notoriety in the history of online gambling is the fact that the sports book he owned, operated or managed became the first to accept credit cards (January 1998).

The story of Patrick Callahan’s rise in the online gambling arena is quite interesting to say the least. It involves clever yet shady people, businesses, spinoffs and shell companies. A few of those names, should you be so inclined to dig are Ameridebit, Andris Pukke and John Vipulis.

If you’re still with us, a story was published in March of 1999 by espn.com over concern that CBS Network had ties to sportsbook.com. Notably, the article quoted then NCAA Executive Director, Cedric Dempsey.

In response, the following day CBS made an announcement that they were not aware of the relationship between Sportsline USA and sportsbook.com.

Sportsline USA founder Michael Levy quickly claimed that his company was leasing the domain to a company based in Margarita Island, Venezuela called Global Internet. Michael stated that he wasn’t sure if he informed CBS of the lease agreement.

Other noteworthy points relative to this part of the sportsbook.com domain are as followed:

1. Patrick Callahan was reported as being the ‘manager’ of sportsbook.com.
2. Sportline USA was reportedly also providing personnel and equipment to sportsbook.com
3. The sportsbook.com was the primary advertiser on other Sportsline USA owner entities, namely the Vegas Insider.

A shady history? A different time?

In July 2001, a publicly traded company listed on the London Stock Exchange known as Sportingbet bought entities known as Internet Opportunity Entertainment Inc. and Oak Ventures Corp for $51.25 million cash, loan notes and an undisclosed amount shares (with performance incentives?). Among the assets listed in the transaction were sportsbook.com and playersonly.

Operating out of Gibraltar, an British Overseas Territory? Turnover of $435 million – gross margin of $42 million – 347,650 registered accounts?

An entity known as Sportingbet PLC got involved between 2004 through 2006. Greatly increasing the sportsbook.com domain value and ‘business’ though integrating sports books, casino games and poker. Sportingbet PLC is known as the entity that brought the world of a 3 in 1 internet gambling hub to life.

Enter the Unlawful Internet Gambling Act. Sportingbet PLC sold their United States customers and domains sportsbook.com & playersonly.com to a company called Jazette Enterprises Limited in October of 2006.

Reportedly, Jazette Enterprises Limited and Domain Holdings currently actually ‘have interest’ in the sportsbook.com domain.

Virtually no information is available on exactly who owns or runs Jazette Enterprises Limited. Although, we’ve seen information that places their operations out of both Panama and Gibraltar.

Everything You Need to Know About Sportsbook.ag:

Types of Betting
Rollover Policy
Notable House Rules
Platform / App UI & UX
Sports Covered
Summarized Sportsbook.ag Review

sportsbetting.ag review of betting types

Sportsbook.ag Review of Betting Types

Sportsbook.ag offers all of the typical types of sports betting types along with live.

sportsbook.ag review of rollover policy

Sportsbook.ag Review of Rollover Policy

At the time of writing this Sportsbook.ag Review, the ‘House Rules’ indicate that the sports book has a 20X rollover requirement that must be met before a bonus amount is available for withdrawal (Section 6.13).

sportsbook.ag review of house rules

Sportsbook.ag Review of House Rules

Honestly, I wouldn’t go near this website. If however, you decide to for whatever reason, you’d better be prepared to read every single word of the House Rules. Frankly, even if you do and we’re to have a dispute, there’s almost zero legal recourse available. Again, if it wasn’t made clear from reading the rest of this review, this website is essentially ran by a shell company (at least in our estimation).

sportsbook.ag review of ui and ux

Sportsbook.ag Review of Platform / App UI & UX

Yeah, it’s not a bad platform on desktop or mobile. However, it seems to be simply duplicating whatever Intertops is doing (just in a less sophisticated and detailed way).

sportsbook.ag review of game menu

Sportsbook.ag Review of Sports Covered

They cover all of the major sports.

sportsbook.ag review summary

Sportsbook.ag Review Summary 2019

Look, we’ve seen too many fly-by-night internet businesses operate how they see fit with absolutely zero repercussions. You very well could deposit ‘money’ with sportsbook.ag, win your bet(s) and get a fast withdrawal. Our general policy is that if you can’t locate the website’s business information fairly quickly, it’s a red flag. In this case, it took almost a day of digging to only find a name that may or may not be operating out of Panama. In our opinion, that’s beyond a red flag, it’s a road sign that reads ‘enter here for trouble’.

No thanks. Pass. (Maybe sports betting laws change in The United States in the near future and a reputable business is created. Crossing our fingers.)

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