Man, what a week. On August 26 we woke to the news that our bookmaking partner, Sports Alive, went into liquidation without the funds to cover customer deposits.
Thousands of punters and investors were affected, and the ‘bet some bank some’ approach of punters clubs meant we were hit pretty badly by comparison.
Now here’s the good news. We are pumped to announce that we have concluded a deal with Luxbet to honour current account balances and process our bets. The deal was appropriately finalised while on a punters club trip to the Balaklava Cup last week, and we captured a little of that moment on a special episode of Punt Club TV.
WHAT THIS MEANS TO OUR CUSTOMERS
WHAT OUR CUSTOMERS NEED TO DO
Login to your account on PuntClub.com, and follow the prompts that will let you consent to:
All pretty simple really, and a great result. While blindsided like everyone else, we can only apologise for the Sports Alive debacle – having a bookie go tits up after spending everyone’s money is dead set un-Australian and we were bloody mortified to be involved. Many thanks to the Luxbet lads for filling the breach. We would also like to thank you for your patience, and especially thank all those who sent messages of support and encouragement when they could have been forgiven for sending bikies.
So please, jump in and approve your transfer and we’ll get your new account setup pronto. From there we will likely have the site operational and ready for the punt by Wendesday (our customers will be the first to know), along with a new edition of Punt Club TV and a newsletter with all the hot tips you’d expect in the lead up to footy finals and Spring Carnival.