I viewed many of Luckybit's advertisements before playing.
One was wager 10 BTC and receive 0.05 BTC. This influenced my decision to play there.
I know that the house edge is 1.76%. My probable loss would be 0.176 Bitcoin after wagering 10 BTC.
I wagered 7 Bitcoin with 3 Bitcoin left to go.
LuckyBit then reduced the 0.05 BTC to 0.005 BTC without warning or notification and then claimed it was well within their rights to take it as it was "free money".
I argued that playing towards a requirement costs money with a 1.76% house edge.
I tried to bring this dispute up and instead of answering all my questions, I was banned.
They claim that they can change whatever they want at any time. This includes depositing and cashout requirements.
I ask the community their thoughts and opinions on the matter and believe that this may warrant a scam accusation or at least a red warning to others.
A very common tactic that some casinos use is that in their terms of service they always add a rule that say that they can change the rules at any time, however I really think that when it comes to promotions like the ones you are speaking of players that got into the casino when the offer was in place should see that promotion be respected and only new players should see this promotion to be reduced. i agree with this 100% unless these type of 'promotions' have an expiry date- you can not just reduce the prizes by such a significant amount and expect the player to be okay |
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I am with OP on this
Any sportsbook who wants to have a decent reputation simply can not introduce promos to encourage people to wager high amounts (10 btc which is almost 200k usd right now) and then decrease the reward amount by 90%
They are providing an incentive to people to wager on their site, and people like OP who have already wagered thousands of dollars, in some part may have never used the site if that promotion was not there
It is definitely not ethical to change the prizes for people who have already completed most of the requirement
Ofcourse, going by their terms, they can literally do anything to your money once u deposit, so i will not concede to the argument that 'Its in their terms so its okay'
If i am taking part in a promotion on a site i expect them to hold to their promised prize money, this is very shameful behaviour by luckybit
Re: Price of bitcoin - That is in general a volatile market and highs and lows are to be expected. Answer me this - if Bitcoin price had dropped to 5k usd, would lucky bit have increased their 0.05 payout ? Definitely not.
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Will be a exciting Friday for sure! Great 3x 1mbtc giveaway too. Easy $55 in freebets right there. Steve/Sportsbet running on high gear nowadays  Why not give away 3x10 mbtc to make it more attractive? I think that 3x1 mbtc is not really an interesting amount to give away. they are giviing away 1700 mtbc on friday, i really dont think we should complain |
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Bitcoin keeps rising, will it be 20k by the time of black friday  if i win the huge 1 btc drop i will giveaway 50mtbc over here, thats my pledge!! LOL goodluck to everyone!! thought more people would follow me, but i guess not  we could have rooted for other forum members as well and had a nice black friyay |
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Bitcoin keeps rising, will it be 20k by the time of black friday if i win the huge 1 btc drop i will giveaway 50mtbc over here, thats my pledge!! LOL goodluck to everyone!! |
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^ iirc we had a similar promo for Black Friday last year: 8 lucky customers will have a chance to receive mɃ 100 this Friday just by being active on the site!
On Friday from 8am GMT - 16pm GMT we will drop mɃ 100 to a random account every hour. Can't wait to see the details for this one, and thanks @sportsbet.io @Steve for hosting such nice promos and looking out for the community. Hi morvillz7z + guys, Yep, the Black Friday Bitcoin Drop (Friday 27th November) will be very similar to last year. The boss confirmed to me yesterday that we are still going to offer the hourly prize in one account of 100mbtc, and then for one of the hours, 1 BTC will be placed into a user's account. With the price of BTC right now, this is a huge promotion and one to be a part of! Other promo deals over the Thanksgiving/Black Friday/Cyber Monday period will be released on this coming Monday. We will have great offers spanning the majority of next week! All will be revealed from Monday the 23rd of November. regards, Steve. Sportsbet.io that 1 BTC prize is HUGEEEEEE |
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Yay, I'm very happy that in the last minutes I placed a bet (even though a very small one) on Multi Magic, and that Steve was right! 7x win and the free bet are indeed already in my account  It's a very solid win for me, I don't remember winning at such odds before, actually. Now I'll choose on what to spend the free bet wisely. The terms are great, but if anyone can lose at 1.6 odds, it's me  Thanks for giving these opportunities! Yeah, I wish I had put some on this one too but already had my mbtc locked up in other bets. Exact same thing happened to me last week it hit because of those trump vs biden bets or would of put in that 4mbtc on the multimagic.  It would be some spending money for the black friday week starting today.  Oh well stuff like this happen for the best so congratulations to those who had faith in Steve's picks and kept up with him in the last three multimagic selections. The site seems to be back to normal and whenever you are having issues, just use the app as your back up to get to the site again and place those bets.  Hi Rdbase, Speaking of Black Friday.. we are going to be doing some serious activity leading up to, on the Friday and into the weekend! plenty of good offers to come! Including our Black Friday Bitcoin Drop! Free Bitcoin into your nominted sportsbook account.. claim it on the hour each hour, or its taken back out Literally free BTC, no questions asked.. yours to do what you want. 8 chances across Black Friday, 27th of November. MORE DETAILS TO COME! prizes from 100 mbtc to 1 BTC. Ill bring information back soon! regards, Steve. Sportsbet.io Absolutely can not wait for this!!! |
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Hi everyone, question please : Who and when will determine the outcome of the US elections? Tia. Can Sportsbet.io state on that please? For whats its worth, My Biden ticket was already graded was that on sportsbet,io ? |
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goodluck guys! cash it big!
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Promotions are always fun to watch and participate in. It would just be nice to be able to participate in a promotion that costs no money, that would be great fun.
Many sites have many different promotions. I'm just not a fan of promotions that you only qualify for when you make a deposit.
stake is running a EPL fantasy promotion as well as NFL survivor pool you can still enter the EPL one i believe they also do daily telegram challenges where u dont need to bet anything to win edit: the nfl survivor pool was not free, but only a 5$ entry fee for a pretty big prize |
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very curious to find out what the special offer will be for US politics, might put some dolla on biden |
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what sources do you use for the numbers?
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...
If I deposit $100 and play the full amount ($100 bet) did I or did I not meet the full rollover requirement?
Hello, if there were any confusion, I apologize. Your example is correct and you should meet the full rollover requirement. Thank you for the clarification. That's exactly what I wanted to know. So, as jaysabi pointed out, your previous statement was wrong? Maybe you should retract or explain in more detail (maybe your statement was meant for deposit bonuses or something...). ...
If player deposits $100 and bets it all, winning $50, the player still needs to play the $50 before being able to withdraw.
maybe its just me but i wouldnt ever play on a book whose representatives have a hard time explaining their rollover requirements, i dont think its incompetence, its deliberately vague |
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These rules are very scammy and predatory
This is not the NitrogenSports of old. No other book has similar rules
I fear they are close to going under and are trying to squeeze people as much as they can
I have raised a tag against them, no one should be playing on this site anymore, if they value their money
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Slowly I believe this NS employee does not know how to make his job.
The blog you posted is regarding rollover of BONUS MONEY!! Read it yourself. Your rules clearly state 1x rollover, nothing more nothing less. read the rules yourself instead of feeding us such idiotic stuff about bonus money.
WTF is wrong with you?
Rollover is ALWAYS in the deposit, NEVER on the winning.
Make this clear already!!
lol, this is classic tactic of keeping rules vague so people deposit on their site and then theyre fucked the 'guide' they linked here , just says what a rollover is, no mention of the rules nitrogensports actually follow. what a shitshow of a site, |
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Does someone here (preferably nitrogen officials) want to explain to me this new god awful rollover requirement?
If you deposit 0.01 BTC, bet for 0.01BTC and then win you are not allowed to withdraw because there is a rollover on the entire deposit (even though you bet the entire deposit).
Am I missing something here or are these new rules just botched?
The 1x rollover rule, to clarify, players need to completely rollover the deposited amount before being able to withdraw. If player deposits $100 and bets it all, winning $50, the player still needs to play the $50 before being able to withdraw. ~ Sometimes applying rollover rules on bonus money is acceptable, if the bonus amount is too large. But really, I can't understand the reason for applying rollover rules over my "deposited money and winning odds money"! You are not supposed to have any right over the money I have deposited. I strongly condemn this rule, You should highlight such kind of nonsense rules on your front page. Thats not just it, If u actually want to withdraw profit, U have to win two bets atleast ( one for deposit rollover and second for winnings rollover) Absolute horseshit predatory 'rule' Why the hell would any player play on this site is beyond me, get outta there people |
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Does someone here (preferably nitrogen officials) want to explain to me this new god awful rollover requirement?
If you deposit 0.01 BTC, bet for 0.01BTC and then win you are not allowed to withdraw because there is a rollover on the entire deposit (even though you bet the entire deposit).
Am I missing something here or are these new rules just botched?
Hi! Can you PM me your Nitro ID so we can investigate further? The 1x rollover rule, to clarify, players need to completely rollover the deposited amount before being able to withdraw. If player deposits $100 and bets it all, winning $50, the player still needs to play the $50 before being able to withdraw. Please let us know if you need further clarification. @Nitrogensports
Is there any update concerning Oberliga Germany Bets? You offered everything before the relaunch and now its deleted...
Hi Blogab, we are offering Oberliga Germany lines at the moment. Please view the lines on Soccer > Germany. Thanks. -Kevin what horseshit is this ? So if you bet that 50$ to win 50$ , u need to rollover the new 50$ In that case your rollover is never completed until you lose and you have nothing left to rollover so essentially players cant withdraw winnings, ever ? what the fuck nitrogen ? |
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This was a great line that i unfortunately missed! Congrats to people who took it! |
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