21.5 BTC TAKEN BY SPORTSBET.IO

[sportsbet.io]

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

Would you have offered a full refund if the OP had lost some of his deposit?

You keep claiming a double spent transaction without showing any proof. It isn't true simply because you say so, back it up.

At least the Op gets their deposit back if your offer is genuine. Other bettors beware though, this can happen to you to whenever they feel like it.

Hi TrumpD,

If a multi accounting fraudulent player lost their chips and committed double spending, then the deposit wouldn't have confirmed on the blockchain and therefore there would be nothing to refund.

Cheers,
sportsbet.io

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[TrumpD]

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

Would you have offered a full refund if the OP had lost some of his deposit?

You keep claiming a double spent transaction without showing any proof. It isn't true simply because you say so, back it up.

At least the Op gets their deposit back if your offer is genuine. Other bettors beware though, this can happen to you to whenever they feel like it.

Hi TrumpD,

If a multi accounting fraudulent player lost their chips and committed double spending, then the deposit wouldn't have confirmed on the blockchain and therefore there would be nothing to refund.

Cheers,
sportsbet.io

I get you, but I think you misunderstood my question. In this case if the OP had lost 5btc, would you refund 10btc instead of 15btc? And btw his transaction confirmed so you cannot prove doublespend. Saying he did, does not prove he did.

Regards.

[sportsbet.io]

I get you, but I think you misunderstood my question. In this case if the OP had lost 5btc, would you refund 10btc instead of 15btc? And btw his transaction confirmed so you cannot prove doublespend. Saying he did, does not prove he did.

Regards.

Hi TrumpD,

We’re sorry, but we will not go into details of how we (or other bitcoin casinos and sportsbooks) detect potential double spenders or our security procedures.

Further we take every incident on a case by case basis and thoroughly investigate everything; one of those things include the player being able to pass KYC. 

The OP has now responded to us and sent us a bitcoin address for the original deposit (15btc) to be returned to, which our accounting team will do tomorrow, so we  consider this case closed.

Cheers,
sportsbet.io

[fortunecrypto]

I don't think red tag should be taken out,I have seen sportsbet online when complainant was posting in their official thread he should posted that he will give answer in a proper time  instead of ignoring the complainant post,just when the issue escalate that he posted here,you have a very bad excuse in my opinion.

[Joel_Jantsen]

Hi TrumpD,
We’re sorry, but we will not go into details of how we (or other bitcoin casinos and sportsbooks) detect potential double spenders or our security procedures.

That is not rocket science.100 other open source tools are available to detect double spends.

Further we take every incident on a case by case basis and thoroughly investigate everything; one of those things include the player being able to pass KYC. 

Why not only allow players who pass KYC to play on your site to avoid all the hassle ? Makes more sense ? That would ensure you only have trusted,verified players using your website.

The OP has now responded to us and sent us a bitcoin address for the original deposit (15btc) to be returned to, which our accounting team will do tomorrow, so we  consider this case closed.

Cheers,
sportsbet.io

Let him update here if he needs to get 21 bitcoins as the title of the thread.Regardless,case isn't closed completely,the feedback stay's as a warning.

[game-protect]

The OP has now responded to us and sent us a bitcoin address for the original deposit (15btc) to be returned to, which our accounting team will do tomorrow, so we  consider this case closed.

Maybe he will remember what he said:

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

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.

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

[Joel_Jantsen]

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

We should really start a community for busting gambling scams.If it hadn't for our continuous efforts and of course support of fellow DT members like Lauda and other's,I don't think they'd even take his accusations seriously.

Next up : Powerbet.io

[game-protect]

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

We should really start a community for busting gambling scams.

It already exists!

If it hadn't for our continuous efforts and of course support of fellow DT members like Lauda and other's,I don't think they'd even take his accusations seriously.

I was contacted by Satoshidice after I called out their scam and they saw the necessity to move to a new domain.

Next up : Powerbet.io

Powerbet is beaten, I have everything. The only problem is that victims are brain washed and do not want to spend anything. They are happy to throw a ton of Bitcoins after scams, but they are not willing to spend some more to enforce their claim.

[erpbridge]

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

We should really start a community for busting gambling scams.If it hadn't for our continuous efforts and of course support of fellow DT members like Lauda and other's,I don't think they'd even take his accusations seriously.

Next up : Powerbet.io

There are already multiple threads and members in this community/forum that help with doing exactly that. Is Powerbet related to sportsbet or are they a separate gambling site ?

[game-protect]

There are already multiple threads and members in this community/forum that help with doing exactly that. Is Powerbet related to sportsbet or are they a separate gambling site ?

Separate gambling site.

[robelneo]

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

Joel_Jantsen has done a great job bringing this up and also the whole community 21.1 btc is such a huge amount to be ignored,here in our country you can buy a modest house and lot and cars great community efforts

[ExcessTest]

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

thank you all, I have not forgotten my promise to reward community members who have assisted me.

I will provide a detailed update to the community on the situation tomorrow once I receive my 15 BTC.

[TRF]

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

thank you all, I have not forgotten my promise to reward community members who have assisted me.

I will provide a detailed update to the community on the situation tomorrow once I receive my 15 BTC.

Good luck! 

[nemgun]

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

thank you all, I have not forgotten my promise to reward community members who have assisted me.

I will provide a detailed update to the community on the situation tomorrow once I receive my 15 BTC.

I think this is the most important, please advise us when you recover your Bitcoins. I will then remove the negative trust, at least untill someone else opens a scam accusation against them.

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

We should really start a community for busting gambling scams.

It already exist!

If it hadn't for our continuous efforts and of course support of fellow DT members like Lauda and other's,I don't think they'd even take his accusations seriously.

I was contacted by Satoshidice after I called out their scam and they saw the necessity to move to a new domain.

Next up : Powerbet.io

Powerbet is beaten, I have everything. The only problem is that victims are brain washed and do not want to spend anything. They are happy to throw a ton of Bitcoins after scams, but they are not willing to spend some more to enforce their claim.

I don't think they will pay anyone as long as they get their money back. Could you give use more informations about the community who busts scam casinos ? or you are talking about bitcointalk ?

[hermanhs09]

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

thank you all, I have not forgotten my promise to reward community members who have assisted me.

I will provide a detailed update to the community on the situation tomorrow once I receive my 15 BTC.

Well, that's nice to hear for sure.

Hopefully you do get your money back but it seems very unlikely they would not pay you as they have already promised in public in front of all of our eyes. I mean the move by them might be questionable but after all they do have a licence and have a reputation in the community before all this happened.

Good luck with the reclaiming process, all the best to you!

[game-protect]

We should really start a community for busting gambling scams.If it hadn't for our continuous efforts and of course support of fellow DT members like Lauda and other's,I don't think they'd even take his accusations seriously.

But despite of all the negative trust, they still steal 6,5 BTC! And if they would have proof of their accusation, they would not give back 15 BTC.

It looks like the possible court case concerned them. Now they give 15 BTC back, knowing that the remaining 6,5 BTC are not really worth to start a court case. Without proof, they would have lost the court case and they know it!

Id like to thank this community for assisting me in recovering my stolen funds, I honestly thought I would just be ignored or only get 1 or 2 replies. But I am overwhelmed by the support offered by some of the people in this forum. Hopefully when this is over I can offer a few of you a reward.

We should really start a community for busting gambling scams.

It already exist!

If it hadn't for our continuous efforts and of course support of fellow DT members like Lauda and other's,I don't think they'd even take his accusations seriously.

I was contacted by Satoshidice after I called out their scam and they saw the necessity to move to a new domain.

Next up : Powerbet.io

Powerbet is beaten, I have everything. The only problem is that victims are brain washed and do not want to spend anything. They are happy to throw a ton of Bitcoins after scams, but they are not willing to spend some more to enforce their claim.

I don't think they will pay anyone as long as they get their money back.

Based on my experience, 90% are not willing to contribute anything even if they do not get their money back!  

Could you give use more informations about the community who busts scam casinos ? or you are talking about bitcointalk ?

Is my signature too small? Should I make it larger?

Hopefully you do get your money back but it seems very unlikely they would not pay you as they have already promised in public in front of all of our eyes. I mean the move by them might be questionable but after all they do have a licence and have a reputation in the community before all this happened.

What exactly does it mean that they have a license?

[sportsbet.io]

OP - your deposit of 15btc has been returned, pls see tx: https://blockexplorer.com/tx/5b327205888be7cb3fdb5f5e371a565de9cd1e1ed6ab28c38832e1c52b30df97

Please confirm you have received it.

Cheers,
sportsbet.io

[TRF]

OP - your deposit of 15btc has been returned, pls see tx: https://blockexplorer.com/tx/5b327205888be7cb3fdb5f5e371a565de9cd1e1ed6ab28c38832e1c52b30df97

Please confirm you have received it.

Cheers,
sportsbet.io

Quote for reference: we wait for confirm by user too

[Joel_Jantsen]

OP - your deposit of 15btc has been returned, pls see tx: https://blockexplorer.com/tx/5b327205888be7cb3fdb5f5e371a565de9cd1e1ed6ab28c38832e1c52b30df97

Please confirm you have received it.

Cheers,
sportsbet.io

After continuous jabbering from community members you do.But hey ,we got another surprise for you : https://bitcointalk.org/index.php?topic=1876144.0 Although I didn't had the time to check what he is bragging about but you should definitely start actively responding to your customers apart from your official thread.This time he has something against  your agency. 

[shield132]

Sportsbet
Can you tell me why is your website regulated  by curacao license? I'll answer this question, It's because to protect yourself in many situation and don't be afraid if you scam anyone, it's safe zone for you, that's why you choose this.
And read this:
You aren't going to give him bitcoins which he won but if he lost 15 bitcoin, would you give him those bitcoins back? Answer this. You want only profit and you aren't giving customers what they deserve, you hang on this.
It's still a little good that you gave him those bitcoins but you still did that action for yourself, to keep your small reputation but for me and for most people that doesn't make sense. If you want to show us that your website is place to bet, than give him amount of won bitcoins.