They should have voided your over 2.5 bet also, because the odds dropped to 1.25 before kick off...
Exactly. That's exactly what it's all about. They will cancel your winning bet every time, but never your losing one, even it's a 5$ bet. They just don't care.
My strategy in sports betting is to find value bets, which was the case with that bet today that was voided after the match ended and my team won 1-0.
I can understand your disappointment. Value betting isn't illegal, but the odds provider judge it in a negative way if any user keeps making profits by using this strategy. Is 'value betting' mentioned in the reason of your cancelled bet? Why don't you take necessary steps to get your winnings if you think that it was unfair? Anyway, I just checked the issue of a different user on a different betting site where the odds provider is same, it is clear that Betby doesn't like value betting.
Our sportsbook provider (Betby) contacted us on the 21st of March, alerting us to the fact that your account was conducting fraudulent bets on our sportsbook. After confirming with them via Skype, we were told you have been placing value bets + betting on low-cat events, and your account had been flagged elsewhere too.
Look at it this way. As a sportsbook provider, you have your own risks. Just like any other job. As I said above in the previous post, you will always have some players who will take your money. In the case of sports betting, these are value-bet players, for example. Some are successful, some less successful. You have different ways to fight them, one of those ways is not to accept his bet. Simple. No one is forcing you to accept his bet.
But if you accepted a bet, it carries its own risks for you. The bet can be a winner, right? But to equate fraudulent betting with value betting is ridiculous to say the least. Then the best thing for you is to write a rule and allow only losing bets on your platform. If he wins by any chance? Cancel it. That way, you have absolutely no risk as a sportsbook provider. All customers just lose. Funny, isn't it?
Of course, something like this is unimaginable at regular, land-based betting shops. You can't label someone as a fraud just because he placed a value bet. It's just fascinating to me how they, Betby, don't see a problem with that.
If you don't want to your customers place bets on certain competitions, say low-market competitions. Then why do you offer it? Why don't you just leave the Premier League, NBA, Bundesliga, NFL, Ligue 1 and all those big-market competitions. You are the safest there, no one will placed value bets there. And in case someone wins a large amount there, you can always cancel his bet, just say that the odds were wrong, even though it is obvious and easy to check that they were not.
The most fascinating thing to me is that there are users on this forum who know a little about sports betting and see nothing wrong with this. I guess the whole point of sports betting is that someone can win some money. If he spotted a value bet in any competition, placed a bet before some important news from that team, he is guilty? Welcome to crypto-sports betting 2024. Sit back and enjoy.