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VIP Sports where Payment of Winnings is always Prompt


By Michael Williams (2/28/2007)

Have you ever had an experience where you won something but never got your prize? Every person who places a bet on anything does so in the hope of winning otherwise you would not place your bet at all. That is the reason why it becomes doubly irritating and painful if you do not get paid of your winnings. At VIP Sports they make sure that they pay everyone of their winnings and that is a fact.

The reason why VIP Sports can always pay winnings is that the company is very much stable and liquid. VIP Sports have placed money in a separate account in the bank, which will be used solely for payments of winnings. How can you be sure that it is there? As part of its licensing agreement with the Netherlands Antilles, VIP Sports shall put up a deposit in the bank to cover all winnings and withdraws of clients.

Non-compliance with this requirement would mean revocation of the licensing agreement. So since the licensing agreement is still very much alive and in full force, you can be rest assured that the money is still there. Another assurance you have that you will be paid is that the company is a member of the Leisure and Gambling Plc, a company that is publicly listed in the London Stock Exchange.

Companies who are listed in the London Stock Exchange go through very strict evaluation before they get listed. That means, only those companies, which are very reliable and have good financial backing are listed. That is your assurance that VIP Sports does have the money to pay winnings and it will pay winnings.

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