Topic: 🚀 Sportsbet.io - Proud partner of Southampton FC 🚀 - page 997. (Read 410676 times)

there is none

How does Curacao eGaming regulate you and where are these regulatory requirements stated?

UPDATE: apologies for the late reply, we are human as well, and enjoyed the Easter break.

OP poster has been notified of repeated serious ID verification failure and following double spending fraudulent behavior, we have decided to close his account and offered to return his deposit of 15 BTC.

Sportsbet.io indeed allows instant betting at 0 confirmation deposits on blockchain for player experience (except for known double spending patterns) and instant withdrawals after 3 confirmations of initial deposit.  As any other BTC gambling operator offering the same, can attest to, there is a significant amount of abuse attempts around and we are simply preventing fraud here.

In a perfect world, we don't like having to KYC our players, except when absolutely necessary, and especially when certain players groups make multiple accounts and attempt to fraud us, through double spending.

We believe the experience for the player is best when they can play instantly with 0 confirmations, however, we then need to mitigate fraud, which includes knowing our customer and ensuring there are no multi accounters.

Regarding regulatory – sportsbet.io is regulated by Curaçao license as stated in https://sportsbet.io/about/gaming-licence, and we do have regulatory requirements to follow, which we continue to do so.

Best regards,
sportsbet.io

Sad news for sportsbet. I am also betting in this site and I like it actually better than directbet as it is faster and I never had problems too. Same with most people here I don't bet 10 bitcoins. These should be addressed well or they end up losing their reputation.

That is the entire point of avoiding these casinos ! They won't care for a few satoshi's,they only want to scam massive amounts and disappear one day when they have scammed the most out of the community.
I'd request everybody to stop playing here,avoid this casino,use directbet,nitrogensports as they're way better in service and certainly don't steal bitcoins.

Please stop promoting this shit.

Same here dude. This accusation will surely give them a negative review according to the complainant he submitted a verifcation ID and still hold the funds. Just withdraw all my funds when I read this

Been betting on sportsbet since a long time. Almost an year now. Hopefully they sort this out quickly and make everything good soon. I have personally never been asked for verification, but I have never had more than 10 btc on the site.

" previously abused IP addresses in Turkey " What kind of abuse are we talking about  ? I am a customer on sportsbet, but reading this it seems you are blaming the user for everything possible that can lead to his account being banned. I followed from his accusation thread he had a failed ID verification, but nothing about double spending/abused ip addresses. I would assume those are the casinos responsiblity to not let happen.

Hi all,

Regarding the complaint of player ExcessTest:

sportsbet.io is a regulated online gambling provider which does not withold customers funds and processes hundreds of withdrawals of BTC in a week.

Regardless the nature of Bitcoin payments as a regulated operator we are obliged to ID verification, KYC and AML (anti-money laundering) procedures by the regulator at certain withdrawal levels.

We have stated this clearly in our Terms & Conditions page available here –
https://sportsbet.io/about/general-terms-and-conditions
3.3.3. Sportsbet reserve the right to carry out additional KYC verification procedures for any withdrawals exceeding the equivalent of 10 Bitcoins or €2300 which ever is lower, and further reserves the right to carry out such verification procedures in case of smaller withdrawals, as demanded by our gaming license. Account Holders who wish to recover funds held in a closed, locked or excluded account, are advised to contact Customer Support.

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Regarding the OP post here in forums:

We have contacted the player to resolve the issues with the account (ID verification failure, transaction attributes related to bitcoin Double Spending patterns, related and previously abused IP addresses in Turkey etc) and will commit to full resolution or either returning the original deposit amount to player.

Cheers,
sportsbet.io

I also stopped betting on sportsbet.io anymore and moved all my funds to other sportsbook until they solve their problem at scam accusation. Thank god, i'm not deposit big on sportsbet.io. Please sportsbet.io solve the accusation as fast as possible, before it's too late.

Great Move.
I wish everyone understood how easy it is to bet on other sites and don't have to wait for their bitcoins stolen from a shady side.You can definitely promote other site here as on their current state,it is not advisable for players to even trust them with 1 satoshi.What's the point of running a business if you wanna blindly steal from your customers ?

Nope that wouldn't help either.If they can steal once,they can steal again.People should really stop playing here.

I have also stopped betting with them and moved to directbet.eu which doesn't have any KYC policy or verfication system. I am not trying to promote directbet but i find them far better than all this shady sportsbook.

Sportsbet need to solve this accusation as soon as possible to win our trust back. If not i will never bet with them again.

Sportsbet.io ,day 4 you still haven't responded at the open scam accusation against your shady business. https://bitcointalk.org/index.php?topic=1863248.20

This shows your interest in your customers and a fair way of running your scam.You have already been negative tagged and I will request more DT members to do so.It's time to shut down your Antonio Btc Scam agency.

Request all players to not play on this shithole anymore,since they are blatantly stealing money from poor customers.

I play on this site as well even though not everyday, but I was disappointed because OP do not perform further steps to eliminate red marks on his account. This will give a big impact if admin failed to rid that red trust from his account. Wish there's a win-win solution for both side!

I understand you are trying to protect gamblers. However anyone can deposit any account.
When you want to withdraw that much tough than you need to provide ID so that the casino knows who they are sending the Money to. With that way they can protect the gamblers not themselves, if you have an account with 15+ btc and get hacked, your ID is the only thing that protects your coins.

I have responded to you in the accusation thread: https://bitcointalksearch.org/topic/m.18552713

that logic really makes sense , sportsbet.io might have to change the T&C after this accedent
i know the feeling when your withdrawal stuck
and asked for KYC where actually it's not necessary just annoying
i have similar case like this on jetwin last year , hope sportsbet.io can find a good way to solve this problem, or have to lost some reputation.

When you can deposit without verification, then you can of course also withdraw without verification! That is why he is surprised!

Imagine you meet a girl and she let you go in and when you want to withdraw she suddenly ask for your documents! How stupid and unlogic would that be?

It will be played tomorrow. Now in here there are two possibilities that depends and differ from each bookmaker. The bookmaker can offer to void your bet and re put the odds for this game again on so you can bet again on this event. In the option 2 the bookmaker just don't do anything and wait for the event to finish tomorrow and then if your bet wins, you get your money, if it's lost you lose your money. No other alternatives as far as I know.

What will happen the Dortmund monaco soccer game? We will wait until tomorrow?