https://bitcointalk.org/index.php?topic=1710755.0

History : https://bitcointalk.org/index.php?topic=1710755.msg17651351#msg17651351

Briefly : powerbet voided one of its user's bets (only winner ones) saying arbitrage betting,  (but they have no such rules, so they have no right to do so )


Powerbet deleted almost all my posts  from their topic, here are them again :



I tried to say that you have the same odds provider as 1xbet/1xbit (but your userinterface/ layout is different)


Please feel free to prove (link their rules/tos here) that exists any traditional or not traditional (btc) bookmaker who are againts arbitrage in their rules

As I remeber there was only one bookmaker (betway) who tried to apply such rules but they had to remove it .

I made at least 30.000 arbitrage betting in the last 7 years  using at least 100 bookmakers .

None of them dared to void any of my bets saying arbitrage.

You cant prove you cant say that the bet placed on your site is one side of an arbirage betting  , you can only suppose it, but it means nothing

You could only prove it if you are the owner of the other bookmaker where the other side of the arbirage betting was placed.

So here are  some questions:

If i place a bet :
Match:   ABC- XYZ  
Handicap: ABC  -5  @  2    but later i change my mind and place another bet but the other side after the line moved
XYZ +7   @ 2.1


What are you going to do?    
Void both , void only the winner one, void the 1st one or the 2nd one , void them only if both winners ?

i give you a hint:  you have to settle both bets according to the results

And what about middles or revers middles?
ABC -5 @ 1.9    XYZ  +7  @ 1.95     is it an arbitrage betting in your terms ?    


If i start to place bets with random stakes what will you do?
( So if here is somebody who wants to fuck up with this book , only place some random stakes 13.53, 15.75 and later can come here and make complaints )

Where is the limit ?     Should i use stakes with the last digit only 0 ?  or can  use the number 14 , will you void it?   (before voiding please check my balance because perhaps  i have only 14, lol)


So please do not lie that only pinnacle not against arbitrage betting, because the earlier discussed situtation is an  everyday situtation , that a bettor change his mind (for example an NBA player injury) and
place another bet on the same market but the other side  


i suggest spbettor to register to  http://www.sportsbookreview.com/forum/sportsbooks-industry/  and share your issue there too
and here https://bitcointalk.org/index.php?topic=717790.2380

I will register to your site in the next few weeks and will place only arbitrage bets.
Try to detect it and try to void it.  We will see whose reputation will suffer it.


I have been scammed many times by btc books.   (Bitcoinlivebets, betcoin.tm , betvip)
None of them in business now.

I tried and used almost all btc bookmakers.

You did nothing well, those are only words ,means nothing.   betvip said such huge words but i proved that they had only 15 bets daily.
bitcoinlivebets said that they had 1000 users and incresing but they had less than 100 users .


Another posts briefly:  

2, Powerbet voided only the winner bets.

3,

https://powerbet.io/pages/terms
As i see  there is nothing about arbitrage betting in your tos  

Which is mega lol because until now i thought you have such rules

So you have no right to void any bets saying arbitrage betting


Jetwin also using such words " for recreational players" but as I remeber they voided my bets because they were very slow to update their lines and they voided them before the match started not afterwards and not only the winner ones, so mega unfair from powerbet


For me is very recreational  to get out a lot of money from the sportsbet industry  via arbitrage betting, it is free money , very  recreational  , it is so refreshing for me

Please define what means recreational for you powerbet , i am not an expert in such not common words meaning

Directbet - 3.3
Cloudbet - 3.6
Sportsbet - 3.6
betcoin.ag - 3.3
Nitrogen - 3.9
1xbit - 2.8

I've seen so many people giving a book a 5 rating but that means they are the perfect sportsbook, which isn't the case. Every single btc book has massive room for improvement. Those of you that cling to Directbet because they are the most secure site should consider that mathematically with the odds they offer the house will always win in the long run so why even bother - if ever there was a case of gamblers-fallacy it is that one. Their website needs a massive overhaul, the functionality is archaic. Cloudbet and Sportsbet seem to gravitate in the same sphere for me. Very similar products, odds and set-up. They have decent live and pre-match with reasonable value of odds on offer. If i was really recreational bettor those would be my go to places. Betcoin seem to have good days and bad days and its hard to know whats going on with a company that has multiple brands in the marketplace from ultraplay. I think its always best to stick to proper b2c brand. Nitrogen, for me, is the book i would always bet on pre-match events all day long. It seems they pretty much just plug in Pinnacle with extra-juice. Anyone worth their salt knows that Pinnacle is possibly the most reliable book for payouts and margin in the world so with that engine and system behind it then its basically like playing at Pinnacle with an extra ¢ or two added to the lines. 1xbit website for mobile is remarkable, it is a beautiful website, without a shadow of a doubt and then you have to deal with 1xbet. Just google them and your fingers will be burned from just touching the keys. Even by Russian bookies standards these guys are bottom of the barrel.

I just want to mention Powerbet, its too early to rate them as I have yet to make a bet there but their ridiculous prices being offered on things like a 2-3% margin in live games is ridiculous. Those margins are impossible to actually trade for soccer as a sportsbook and make a decent vig in return. So either they are literally giving away cash or this is just a marketing ploy to draw the square punters in (who have a losing profile anyway) and they will void informed and lucky bettors, let alone sharp bettors. As they always say you don't get something in this life for nothing.

Perfect sportsbook: Security of Directbet, good live markets like cloudbet and sportsbet, esports like betcoin, pre-match and (true) overound of nitrogen combined with a website/UI/UX as hot as 1xbit then sir you have yourself a 5!

Wow that's sad! Now I know what to avoid. Anyway, I would recommend you to open a scam accusation as the scam accusation can really deter people from betting there. Voice out your concern! Don't just post here, you won't get any action here. Just remember to get your evidences ready! I hope you get that money from you bet!

Peeps Place, сould you edit your message?

bitgame.com - Invalid domain, bitgame.online - correct!

Thank you!

Here is the real top of sportsbooks, based on their odds and margin:

https://bitcointalk.org/index.php?topic=1737548.0

Powerbet is best casino at the moment, with instant-automatically processed withdrawals (others sportsbooks claim that they have instant withdrawals, but they process them manually), excellent odds and very good bonus. A real bonus, not a cashback like directbet.

Unfortunately this forum section is full of shills for the olds sportsbooks and their advices contradict reality and facts.

Lately I tried 1xbit and my overall satisfaction is positive. I like to play for specific bets, which they offer and other sportsbooks don't, so I tried playing with them. Betting options is very good. Site is problematic sometimes and doesn't load very quickly, it's hard to make parlays. Some games are only restricted for one single/parlay bet. Deposits are super fast, withdrawals are on time (2-10 minutes) for less than 1 BTC. D+ is fair rate.

Would like to suggest Directbet as well at the moment. They support both live and prelive bets and at the same time they also payout immediately after the bet which is good as they will never hold any of your btc for the duration after the bet.


I see that DB is rated D in your book, but since they don't hold funds after the bet, it is probably the safest way to gamble without the worry of the site taking the funds.

Go ahead. Cause I did everything that they asked for. Submitting my identification on their site to receive payment from what their support told me. I have that archived. But they base it on not knowing that there are several individuals who use the internet connection where I was staying at during that time period I was using their site. It was the freaking holidays for god's sake!
There are 25 people visiting and in the very same house hold. If half of them want to use the same internet connection on their devices then who am I to regulate who goes to which site on the connection?
That is their basis of not allowing me to withdraw within a 24 hour period of the last one that was successfully processed mind you only 60 mbtc and not the 429mbtc that I requested that was denied all the sudden because they saw the same connection come in just a week ago which was Christmas day for fucks sake. I have over 10 cousins and brothers that go on the internet and are wanting to use the same sites as the others use. They are sheep you know that want to go and do what the others are doing to "get into the action" so to speak.
It is wifi and it is secured so they do not have right to come up with excuses such as these that they have given me.
I have since asked them to close the account so I have nothing more to do with them.
If they argue with me on this or do anymore accusations on me with my internet activity using their site I will sue them because they asked me to send in my passport and proof of address which is illegal where I live! These companies do not have the right to give out any confidential information about their players and in closing my account none should be on their system and on their files about me.
You can ask them but all they can tell you is of what happened as I have just told to you right here.
Once closed it should be erased from them and their customer database. Which I highly doubt it either.

So you have tackled the problem that unscrupulous sportsbook can vanish without a trace, with your outstanding rating system? Dare to explain how?

Do your homework: Betcoin.ag scam

Recent Betcoin Sports was ranked an A- and we will continue to improve Betcoin Sports and expect several upgrades over the next 4-6 weeks. The following was posted by Angelea Burris and the full link can be found below:


Who Are the Elite Bitcoin Sportsbooks in the World? Two Stand Out

As bitcoin enters the new year at near record highs, it is time to take another look at which bitcoin sportsbooks are still thriving. Bitcoin offers an ease of funding and withdrawal unseen to the U.S. gambling community since the days of Neteller. But with that ease, comes the danger of fly-by-night sportsbooks. An unscrupulous sportsbook can vanish without a trace, taking all the funds with them and leaving its customers with little chance of recovering their money. Peeps Place at bitcointalk.org has tackled this problem with his outstanding rating system, taking into account the input of each sportsbooks’ customers as well as other variables to help determine a book’s quality.

In his latest ratings, Nitrogen and Betcoin.ag remain the class of the bitcoin sportsbooks. In business for through the various booms and busts of bitcoin, both sportsbooks have shown the ability to withstand the vast changes that have occurred with bitcoin. Peeps Place entire ratings, as shown at Bitcointalk.org

“A” rated books
nitrogensports.eu A+ (2012)
betcoin.ag A- (2013)

http://news.rouletters.com/elitebitcoinsportsbooks-0003189.html

You might want to put Sportsbet.io in a D rated site to place bets on.
They freeze you from making withdraws when they just feel like it or when you have a substantial amount of bitcoins to withdraw.
You can read about it on my thread when i won more than 1 bitcoin in my account and had my withdrawal denied all the sudden when I just did 1 withdrawal previously of 60mbtc with in a time frame of 24 hours prior.
https://bitcointalk.org/index.php?topic=1738312.msg17590963#msg17590963

If that is unethical to do to a participant on a site that they place alot of bets on then I don't know what is.
They also are the same owners of bitcasino.io and several others under the same brand.
All from the same pile.