Peeps,
Have spoken to the folks at PowerBet.io?
Where are they located?
Do you think they are on the up and up?
They may be okay but just very aggressive about penalizing professional players?
Limiting or banning players is one thing, but cancelling wagers and confiscating funds is another.
I've been in contact with them. From the contact that I've had with them, they seem to be good guys and I hope that they make it. At this time I have to respect their wishes to not publicly post some of the information that they have shared.
Their KYC rules are a negative. As you said, they penalize those that they
claim to be professional.
There's no reason to jump through hoops to receive a withdrawal. There are other books that aren't going to ask for KYC information unless they winnings are substantial. The top books aren't looking to confiscate funds, they want to make sure that they are paying the right person.
Their margins are great but players should stay away from this book until they have more history and stop confiscating players funds.
