Update on poster jeffyeps prop bets at Stake on January 26. jeffyeps is a big player with multiple 5 figure deposits and withdrawals. His first day playing at Stake he made bets totaling $80,000. He's been playing at Stake for 3 years.Jan. 26 : Poster jeffyeps makes two prop bets, one a parlay and one straight, that include props on NBA player Jontay Porter. Both bets won at Stake paying out $42,463.48.
Jan. 27 : A US Sportsbook, Draftkings, sends out notice that the 3-point player prop bet on Jonyat Porter was the biggest winner for the players on Jan. 26. Draftkings paid all players.
Jan. 27 : Stake suspends the account of jeffyes. Stake's claim is that jeffyeps broke their ToS on having multiple accounts. jeffyeps had previously passed level 1 and 2 verification. Stake is now asking for more.
Feb. 24 : jeffyeps files a complaint in scam accusations here at BCT. jeffyeps also files a complaint with AskGamblers. Stake keeps denying verification
https://www.askgamblers.com/casino-complaints/stake-casino-stake-holding-43k-for-over-a-month-no-update . Stake has done this on multiple occasions, sometimes delaying payouts up to 5 months.
Mar. 20 : Similar to Jan. 26, a lot of wagers were made on Dontay Porter props. Draftkings contacted gambling regulators for unusual betting patterns. The regulators went back looking at more prop where Jontay Porter was involved with unusually high amounts of tickets. While still under investigation, it looks as though the Jan 26 and March 20 bets were rigged. Prior to March 20, no one suspected the Jan 26 game and all bets were paid at other sportsbooks except for jeffyeps bets at Stake.
Approximately Apr. 27 : Stake decides to confiscate jeffyeps' deposits and winnings.
Analysis : 1. No honest sportsbook with a license in Curacao is going to accept prop bets paying out $42,463.48. The most common limit on NBA props for Curacao sportsbooks would be winnings of $500.
2. Stake had no intention of paying this player. The player was a large player and Stake took the wager knowing that either the player was going to lose or they weren't going to pay the player. Big crypto books can get away with this tactic since they will get forum backing. Players profiled as losing players that don't hit for a large amount will get paid hassle free. If a player gets profiled as a winner, a substantial amount is won or the player gets caught in a random KYC search, then it will be different at each book. Some books ban, others limit wager amounts and some confiscate winnings and deposits.
3. Even though Stake was unaware until months later, because the game was fixed, Stake should have kept jeffyeps' winnings and returned his balance. There are no claims that jeffyeps was involved in fixing the game. jeffyps completed all verification including proof of employment and funds.
more on the game here
https://www.espn.com/nba/story/_/id/39808900/nba-eyes-raptors-jontay-porter-betting-issues
