{"id":1585143,"date":"2024-06-19T10:20:03","date_gmt":"2024-06-19T14:20:03","guid":{"rendered":"https:\/\/sports7.us\/?p=1585143"},"modified":"2024-06-19T10:20:03","modified_gmt":"2024-06-19T14:20:03","slug":"a-bettors-winnings-could-become-dormant-if-their-sportsbook-account-is-not-used-regularly","status":"publish","type":"post","link":"https:\/\/sports7.us\/news\/a-bettors-winnings-could-become-dormant-if-their-sportsbook-account-is-not-used-regularly\/","title":{"rendered":"A bettor\u2019s winnings could become \u2018dormant\u2019 if their sportsbook account is not used regularly"},"content":{"rendered":"<p><span style=\"font-weight: 400\">In New Jersey, Jim Bob \u201cJ.B.\u201d Hartenstein is an avid sports bettor. He has several betting accounts opened in the Garden State. Earlier this year, Hartenstien opened an email from a New Jersey operator earlier this year. According to compliance laws surrounding internet gambling in NJ, wagering accounts that have been inactive for one year or longer are considered \u201cdormant\u201d. These types of accounts are then closed and any leftover funds are forwarded to the Division of Gaming Enforcement. That money is then deposited into the general state fund.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Mr. Hartenstein didn\u2019t have much money in that particular account. However, he is not happy with how the situation was handled. Operators are required to make a good-faith effort to try and track down the lapsed bettor. However, Hartenstein claims that he did not receive any warning before his account was declared dormant.<\/span><\/p>\n<h2>Why do bettors not receive an automated refund if their accounts become dormant?<\/h2>\n<p><span style=\"font-weight: 400\">For New Jersey specifically, accounts are rendered dormant if they are inactive for a year. Legislation has tried pushing for a three-year standard for dormant accounts. They\u2019ve been unsuccessful in doing so. While these rules may seem harsh, they are stated in the terms and conditions according to Brenden Bussman. He is the managing director for B Global, a gaming, sports, and hospitality, consultancy. Bussman says that most people do not read the terms and conditions when they sign up. It\u2019s something he thinks bettors need to start doing a better job of. He had this to say. <\/span><\/p>\n<blockquote><p><em>&#8220;<span style=\"font-weight: 400\">If it\u2019s your money, keep using your account, or empty it and put it into another place if you do not intend to use it. In most states, it is not hard to make a deposit to start up again.\u201d - Brenden Bussman <\/span><\/em><\/p><\/blockquote>\n<p><span style=\"font-weight: 400\">Bettors like J.B. Hartenstien question why sportsbooks cannot simply transfer their unused funds back to their banks. In 2024, it\u2019s shocking how easy it is to transfer money from your bank into a sportsbook account. It only takes a few simple taps on your screen to make it happen. Mobile sportsbooks should be able to refund the bettor, at least that\u2019s why Hartentein thinks. Jessica Fell is the VP of regulatory fairs and compliance at OpenBet. She noted that some states can directly refund players. However, accounts that have been dormant for extended periods still getting into a grey area. If it\u2019s three years or longer of dormancy, the sportsbook would be less inclined to issue a refund. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In New Jersey, Jim Bob \u201cJ.B.\u201d Hartenstein is an avid sports bettor. He has several betting accounts opened in the Garden State. Earlier this year, Hartenstien opened an email from a New Jersey operator earlier this year. According to compliance laws surrounding internet gambling in NJ, wagering accounts that have been inactive for one year [&hellip;]<\/p>\n","protected":false},"author":304,"featured_media":1585144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[447316],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A bettor\u2019s winnings could become \u2018dormant\u2019 if their sportsbook account is not used regularly<\/title>\n<meta name=\"description\" content=\"If a bettor\u2019s sportsbook account becomes considered \u201cdormant\u201d the money left over will be deposited into the general state fund.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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