Topic: sports betting sites that return your money when you lose. - page 6. (Read 865 times)

Many gambling platforms has this feature so gamblers can have alternative to either continue to wait for the outcome of the match or have another thought to withdraw from the final outcome with lesser pay. It may looks like the gambling platform will make losses from this feature but they have good chances from many more profits form it.

 My profits had been reduced countless of time because of this feature because me having fear of lossing big on bets.

What are they going to earn if they will just return the losers money? and if this thing is real then you will only just win and earn. This is a no-risk gambling at all but anyway I tried to visit the link and there's a "charity" word next to url but indeed they are like a charity but I still don't think this is real.

Stay away from this site at any cost. Anyone can make a good looking site and put some attractive text only to make it appealing but in the end they will just scam their users. You shouldn't focus on those details alone.

If you want a legit sports betting site, there is a couple of good quality and trusted sites here in the forum like sportsbet.io, stake.com, etc.. but except for 1xbit because they are a scam.

One of my friends had also used this site, you can really see that their money is growing every day, there are no losses had to happen to them in every bet they made. That is really tempting, in fact, many professional persons are already joining and they had never thought about the legality of the site, they just think about the money. But what if one day if the sites close they can no longer get their funds from the site?

This is what I'm worried about to the latecomers and those who are still holding their funds in their accounts.
SEC issues cease and desist order against LMB Football

The question deserve an answer because is not believing that sport bet will refund your money if the bet is against you, those their operating Cybers workers in what way they pay their workers. Their is some thing that what of understanding and trusting,

Should really be on this way or much preferable but since he's that keen enough to mind off about the differences then just let him be but at least you had already made out some explanation above which is totally on point.

You would really be mindful on when to get out if you are still able to do so.Not all or some betting sites does really offer than but most of the time they would really be closing that withdraw option on a particular time.

Btw, @OP that website isnt known nor heard of on this forum though.Site design looks awful. lol

Its definitely skeptical to trust because even your friend have experienced in it, wherein, he successfully made a withdrawal and already tried such cash back features it still not a valid reason to join immediately because that platform isn not even popular and seems new..
Actually i didn't click the link, but i have doubts its some sort of strategy to convince players and there's a possibility it will suddenly disappear without knowing. Lol

Hey !
You tell me, can you find a site which gives you money back when you loose again and again when at the end of the day they are still up and running?
How would a site continue to provide such Promotions? If they wanna stay in business? There are numerous sites which have promotions like :
1. Cashback on your first bet
2. Cashback if your horse finishes second ( even tho am against horse betting just citing here for educational purposes)
3. Cash back for a VIP member
4. Cash back for times like Christmas, New year etc.

The promotional offers are pretty limited therefore you must understand that of a site promises you over, I would never touch it. But you can definitely enjoy, they can give you an illusion that you are getting your money back but actually what's gonna happen is, you are going to loose a lot as well and it would equalize after a while.

Therefore it's all just an algorithm to keep you playing.

I've started reading again the responses in hopes of getting some good advice and I am very very thankful for the ones that genuinely wanted to help.

But I just got to say, wow. I am dumbfounded of how someone can be looked down upon, ridiculed and accused just for asking for some sinple insight about something he doesn't have any idea about. I mean I ain't perfect and may have had lots of lapses in explaining my question but is it really that awfully expressed that it would make me deserve such treatment? For heaven's sake! I already said I am not familiar with this yet and so I went looking for insights from people who knew better than me. I didn't even place the link at first and only did so because people were asking for it saying it would make determining the legitimacy of the site easier. And I'm very sorry I couldn't tell much about it since I really don't know what to look for or where to look for something. Heck, I'm even afraid to click links on that website.

I may not know a lot yet about these things but I sure know what respect is. If you don't have the intention to help, at least don't ridicule or accuse me so easily just for seeking out insights about something I don't know. No one is forcing anyone to respond to my post anyway so what's the point? Makes me wonder. Disgusting.

Hate me or not, this really pissed me off and just had to say something about it.

Again, thank you so much for everyone who responded that wanted to help genuinely, I really appreciate your advices.

The site based on the link provided by OP is really weird it's not only you, I even posted a screenshot in my early post, we already have hundreds of sports betting sites but none of them can offer what OP is posting on what the site is offering, that sports betting have to explain first how they can sustain their site if ever he creates an announcement but I doubt they will since we cannot read the TOS of the site, it's vague and what they offer is bogus.

Most of the well respected casinos are offering the option to cashout at almost anytime if you feel for it,of course certain conditions should be met like the score to not be for your team to be losing by 3 goals and you want to cashout as that doesn't make sense,but if your team is leading 1-0 you can cashout with a much lower odd during the live game,or if the game is draw and is just started by 20 minutes and you see that your team is not playing well you can cashout less money than your initial bet in order to save some money.

These options are much better than any cashback when you lose your bets.

I can't even access this website, it's hard to give you an advice here if you should put money in it or not. The link already looks very wierd for a website to be honest. Maybe it's blocked in my country or by my provider, both of it doesn't sound very good. I don't want to say it's fake without looking at the site properly, but using VPNs for gambling or sports betting is not a good option also. The whole offer that the bookmaker would cover your losses if you lose sounds misleading. How are they going to make money then if they pay for you? If you win they have to pay and if you lose they also have to pay. If this is true than the company would be out of of business very quickly. Would be needed to check the fineprints of the terms to see what exactly is included in that promotion. There must be some limits to the offer, can't believe for that to be a constant opportunity.

If he is claiming to be His friend then i think it is safe to follow right? not unless it is not His real friend instead just someone he use to know then best to think twice.
or at least if the site can be configured as legit and trustworthy then why not?
but for me? i am afraid of believing if the promise is too good to be true.
that is not what i tend to believe and that is not what i go and grad easily.

It seems suspicious and I don't trust that kind of betting site, I feel like it's a scam cause of my own experience, my friend did invite me to the betting site before like an online casino, it seems good to me and I try it. I put my money in and the saddest part is that I had to refer other friends so that I can cash out. You can have a profit by referring it to your friend so the more people join your referral the more profit you can make.

Lesson learn I don't trust any betting site anymore 

Some sportsbooks do offer certain promotions like money back or insurance on specific markets when you lose but there are certain terms and conditions that you have to follow like max and minimum stake, eligible markets, etc. But the site that you linked seems fishy though so it's better to stick with the reputable ones and avoid the lesser-known bookies even if they offer way better promotions.

Specifically this and it's tough to believe the offer from his friend when bigger bookies can't afford to refund most of the losing bets.

I didn't visit the site but only saw it from what @robelneo showed. I wonder how come that site was a good sports betting site for your friend. But I understand if that works for your friend, and I think you can join him. But I guess the site is not legit like the other site, but I don't know

What if you suggest your friend join you playing sports betting sites from the sites you know well here? I think he will like to see that you have many good sports betting sites.

I don't want to click on that link.Seems too suspicious to me.
Sports betting platform refunding your money when you lose?
1.It doesn't make any sense.How are they going to make money,if they refund all lost bets?
2.It sounds too good to be true,which means that it is too good to be true.Which means that this is a just a scam,trying to deceive many gamblers with false promises.
3.I assume that this "friend of a friend" tried to refer you to this website,only for the sake of getting a referral commission or something.
I would stay away from such websites.

Myself too had the same thought, because every gambling site focus on profit and they doesn't want to go bankrupt. As said this is something a new kind of scam to target gamblers. As more cryptocurrency accepted gambling platforms are emerging regularly they might've thought of creating a new plan to scam. It is like, they'll try to make a little out of the plan and go away.

LOL can't believe anyone will believe that if you lose they'd return your money after. This bookie is not even popular to do something like what other sportsbookie are doing and they thought of giving away? If it's for gambling, they are up to taking money from users unless you won.

There are typos in the slides and not even english so it won't take time maybe after seeing deposits reach up to $500, they'd figure it's enough to shut the site.

What the hell is a bookie that returns your money, that's not a bookie, that's a scam trying to look like a sportsbook and are doing a really bad job at it. If you're really keen on betting, just use any other reputable sportsbook out there, why bother trying out a dubious one. It's a friend of a friend, that's basically a stranger ain't it? Pretty sure no one in their right mind would willy nilly follow a recommendation by a stranger (so OP did a gj asking around first).

And most importantly, just the link itself looks dubious. Hard pass for me.

Quickly looking at the site and doing some researching:


https://www.scamadviser.com/check-website/lmb.cc

Hmm, it has a low score, so I doubt that veracity of the claims.

So I would rather stay away from it, and better just stick with crypto betting sites that has gain reputation here.