You are 100% correct.
SBObitcoin has been in business for six months with bitcoin accounts and seven years overall. SBObitcoin states that they are one of the products of Ole Group Philippines Inc., and are licensed and regulated by the Government of the Philippines under First Cagayan Resort & Leisure Corporation.
There have been no reports of payout problems with SBObitcoin. Both Pinnacle Sports and SBOBET are top rated sports books in the world taking the highest wagers. Pinnacle takes the largest wagers on American sports while SBOBET takes the largest wagers in soccer. The book hold at Pinnacle is the lowest in the industry and SBOBET is not far behind.