sports betting sites that return your money when you lose.

[Ziskinberg]

Yup. Just like what the title says. I have recently been recommended or referred (since it was a referral link that got me to register) by a friend of a friend into an online sports betting site. Being new to such things, I thought I should ask opinions from veterans here whether such things do exist or not. Although that friend claims that he had already made huge amount of cash from this site, I am still pretty skeptical and haven't topped up yet. But I gotta admit it is pretty fun and appealing to me, just wanna make sure before I put some money into it.
I would really appreciate some online gambling veteran insight )


Edit: this is the website - lmb.cc


Another Edit: I have tried the website out since I had a few extra profits on binance just to get it over with. Sent about 10k php and is now 12+k.
will be updating in a few weeks if I manage to get back my capital plus profits or I get scammed.

- One thing I've realized though is that it is pretty rare to get authentic help from people you don't know and so if you don't have anyone you know that can answer your questions, test things out yourself though you may suffer consequences, at least you save yourself from the hassle of being ridiculed or explaining you're not a scammer or anything.


Also, many thanks to everyone who have answered me seriously and had real intentions to help. I believe in good karma and so I hope someone helps you guys as well in times of need.

Another edit : I'm up 14k+ now

Another edit : apparently there are issues going on about LMB right now and the TG is not recieving messages anymore just a bet signal and a note that users who top up more than 20% of actual account balance will have hastened withdrawal processing time. Now it is really looking more of a scam.

Haven't tried withdrawing funds yet just to see what'll happen although I already know what will. Just trying to give it some benefit of the doubt I guess.

And for the one accusing me of changing the link or whatever to avoid suspicion of some sort, I didn't. And most of the people who were in this thread earlier than you can testify on that. The feeling of being at the recieving end of accusations isn't good. Hope it doesn't happen to you people.

Edit (April 25, 2022, 01:25PM):

Okay, so I am already up 17k+ but the withdrawal and deposit buttons have disappeared as seen below and the telegram is blocking messages now. Seems like the scammers finally decided to rake in the net.

With what I understood, the site was claiming to be a charitable something and they give signals for bets and the signals they give never lose so it seems with the time I've been there. So up to now, I really cannot confirm as to whether they would really return the money if bets ever lose. But yes, if by a miraculous chance they decide to come back(which is impossible in my opinion), I will post an update on this post.

This has been an amazing learning experience for me both in scams like this and the way some people are too lazy to look into details more and choose to accuse and conclude right there and then because it's easier.

Anyway, I hope that this experience that I have shared here would be able to help newbies like me in the online gambling space to avoid getting scammed or the hassle of having to ask random people about such things.

And once again, thank you so much for the people who genuinely tried to help me.

Thanks for sharing your experience, and i bet you learned your lesson as well. Because to be honest, there's no such gambling sites or casinos that will ever return your money when you lose. Business will always be business, and gambling sites or casinos will always have an edge over the players. And if ever you encounter any gambling site that will offer you a bonus that is too good to be true, then take it as a red flag. One mistake is enough for a wise man.

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[xSkylarx]

Bumping to spread awareness about this scam site.

Thanks for bumping this thread. While I was reading the title, the first thing that came to my mind was, "is this a scam?" or "is it just a point system that if you lose you will get points which you can convert later." But upon reading the whole post and visiting the website, I would say that the website is very poorly designed and you should really not trust this kind of website because, as you can see, the efforts of the websites of the legit casinos and how they made it." Also, you are earning way too fast and too big, which is really weird why they are giving that huge amount, but I don't know if you ever tried to withdraw your money, I think you can still get it since this was like a ponzi scheme or HYIP.

One of the few indicators of an illegitimate betting comapnies are enticing benefits that attracts people. If they keep giving back losses how would they pay thier bills or make profit, except they have other means of making profit which is unlikely. Just like Ponzi schemes they might give you back your loses which would spur you to keep betting. One-day you might bet with a large sum and you would not get it back when you win or lose.

Agree, they can't pay back people in the long run, yes at the start they can because that is their strategy to pay them at first so that they can say that it is legit and they can earn from it but people are not thinking for future like how do they pay their bills and other business expenses if no one is losing so that alone is a proof that it is a scam unless they are a charity and giving free money to gamblers lol. But i am also amazed that there are still people fall to this though they are kind of aware that it looks suspicious but still they put their money to it.

[Ararbermas]

Agree, they can't pay back people in the long run, yes at the start they can because that is their strategy to pay them at first so that they can say that it is legit and they can earn from it but people are not thinking for future like how do they pay their bills and other business expenses if no one is losing so that alone is a proof that it is a scam unless they are a charity and giving free money to gamblers lol. But i am also amazed that there are still people fall to this though they are kind of aware that it looks suspicious but still they put their money to it.

you are correct, its very hard to trust especially if you use to gamble a huge amount of money because surely after all in the long run there's always a chance for such website to run your money without knowing.
. And definitely a good strategy to get more clients easily, so i hope everyone is aware especially if the website isn't trusted because its very skeptical.

[xSkylarx]

Agree, they can't pay back people in the long run, yes at the start they can because that is their strategy to pay them at first so that they can say that it is legit and they can earn from it but people are not thinking for future like how do they pay their bills and other business expenses if no one is losing so that alone is a proof that it is a scam unless they are a charity and giving free money to gamblers lol. But i am also amazed that there are still people fall to this though they are kind of aware that it looks suspicious but still they put their money to it.

you are correct, its very hard to trust especially if you use to gamble a huge amount of money because surely after all in the long run there's always a chance for such website to run your money without knowing.
. And definitely a good strategy to get more clients easily, so i hope everyone is aware especially if the website isn't trusted because its very skeptical.

It doesn't matter if you are gambling small or large sums of money; if you already know that it is a scam, if you smell or feel that this could be a scam, don't take the risk of trying it; you are just giving your money to them, which makes them even happier and more likely to scam other in the future. I get a lot of questions about whether or not this was a scam, and I get asked if I should invest in it because of the high return. I simply say no, because it was a scam, but you can try it with your money, which is why most of my friends can't persuade me to invest in Ponzi or HYIP schemes because I always say no.

[bitterguy28]

Agree, they can't pay back people in the long run, yes at the start they can because that is their strategy to pay them at first so that they can say that it is legit and they can earn from it but people are not thinking for future like how do they pay their bills and other business expenses if no one is losing so that alone is a proof that it is a scam unless they are a charity and giving free money to gamblers lol. But i am also amazed that there are still people fall to this though they are kind of aware that it looks suspicious but still they put their money to it.

you are correct, its very hard to trust especially if you use to gamble a huge amount of money because surely after all in the long run there's always a chance for such website to run your money without knowing.
. And definitely a good strategy to get more clients easily, so i hope everyone is aware especially if the website isn't trusted because its very skeptical.

remember that if the offer is too good to be true? then best to take away from that because most of those are just scam and promising something that they cannot bring to reality.
I don't say it was a scam site but with those promises ? why risk your money when you are surely in gambling losses are there and winning are small chances .

[rhomelmabini]

Agree, they can't pay back people in the long run, yes at the start they can because that is their strategy to pay them at first so that they can say that it is legit and they can earn from it but people are not thinking for future like how do they pay their bills and other business expenses if no one is losing so that alone is a proof that it is a scam unless they are a charity and giving free money to gamblers lol. But i am also amazed that there are still people fall to this though they are kind of aware that it looks suspicious but still they put their money to it.

you are correct, its very hard to trust especially if you use to gamble a huge amount of money because surely after all in the long run there's always a chance for such website to run your money without knowing.
. And definitely a good strategy to get more clients easily, so i hope everyone is aware especially if the website isn't trusted because its very skeptical.

remember that if the offer is too good to be true? then best to take away from that because most of those are just scam and promising something that they cannot bring to reality.
I don't say it was a scam site but with those promises ? why risk your money when you are surely in gambling losses are there and winning are small chances .

It smells fishy tbh, looks like they are just getting their reputation to increase, and then all of the sudden they'll turn out to be a rug pull as well. It's a possible scenario and we've seen that already in the past. I'd rather stay away or just put as little as possible on your account.

[ipanks]

snip

Yes, no gambling site or casino will ever refund your losing money and it looks like it would be great to be real. We can always learn from other people's mistakes not to do but sometimes we forget to avoid them because we see their offerings look very good and make sense. Maybe in the future, the other casino will try this method to get more new people who are curious about gambling and want to attract them to join the casino. So it will be good if we can share about their scamming method with many people out there so there are no people will follow. But yes, with this event, we all learn and get valuable lessons here. Thanks, @OP.

[btc78]

Gambling sites are design to gather players and take their money , so why on earth that a Gambling site will bring back your losses? that is the most stupid way gambling sites will ever do.
because what is the sense of gambling business if you will just give them back to the players their Losses?
never trust a site that we knew only telling things just to lure gamblers.

[mrongoz_imut]

snip

Yes, no gambling site or casino will ever refund your losing money and it looks like it would be great to be real. We can always learn from other people's mistakes not to do but sometimes we forget to avoid them because we see their offerings look very good and make sense. Maybe in the future, the other casino will try this method to get more new people who are curious about gambling and want to attract them to join the casino. So it will be good if we can share about their scamming method with many people out there so there are no people will follow. But yes, with this event, we all learn and get valuable lessons here. Thanks, @OP.

Almost site gambling never refund your losing money and actually with sport betting when play with parlay or multiple betting way, although losing one match predicting keep not any refund fund. I think OP have different opinion here and looking gambling platform have refund rule when getting loss. What ever games kind between casino and sport betting keep never give chance for refund your fund when getting loss and not chance getting back our money when getting loss.

[Maslate]

snip

Yes, no gambling site or casino will ever refund your losing money and it looks like it would be great to be real. We can always learn from other people's mistakes not to do but sometimes we forget to avoid them because we see their offerings look very good and make sense. Maybe in the future, the other casino will try this method to get more new people who are curious about gambling and want to attract them to join the casino. So it will be good if we can share about their scamming method with many people out there so there are no people will follow. But yes, with this event, we all learn and get valuable lessons here. Thanks, @OP.

Almost site gambling never refund your losing money and actually with sport betting when play with parlay or multiple betting way, although losing one match predicting keep not any refund fund. I think OP have different opinion here and looking gambling platform have refund rule when getting loss. What ever games kind between casino and sport betting keep never give chance for refund your fund when getting loss and not chance getting back our money when getting loss.

Actually, no site will refund money if you lose your bet, if you know a site that will refund, you should consider them as a scam. There are plenty of that now that says they will refund, yes, they will do it at the beginning but eventually members will be scammed in the long run, and you don't call them gambling site but a ponzi scheme, there's a big difference so we should not be mislead.

[bisdak40]

Gambling sites are design to gather players and take their money , so why on earth that a Gambling site will bring back your losses? that is the most stupid way gambling sites will ever do.
because what is the sense of gambling business if you will just give them back to the players their Losses?
never trust a site that we knew only telling things just to lure gamblers.

Only a fool would believe such a promise but I've got nine colleagues who were victims of this scam. One of them even invited me to try the site but I refused and explained to them that was a 100 percent scam but my advice fell on deaf ears and just last they tell me that the withdrawal option of the site is not there anymore.

It's just a pity that even though this is an obvious scam but still many of us here got victimized by this modus.

[xSkylarx]

Agree, they can't pay back people in the long run, yes at the start they can because that is their strategy to pay them at first so that they can say that it is legit and they can earn from it but people are not thinking for future like how do they pay their bills and other business expenses if no one is losing so that alone is a proof that it is a scam unless they are a charity and giving free money to gamblers lol. But i am also amazed that there are still people fall to this though they are kind of aware that it looks suspicious but still they put their money to it.

you are correct, its very hard to trust especially if you use to gamble a huge amount of money because surely after all in the long run there's always a chance for such website to run your money without knowing.
. And definitely a good strategy to get more clients easily, so i hope everyone is aware especially if the website isn't trusted because its very skeptical.

remember that if the offer is too good to be true? then best to take away from that because most of those are just scam and promising something that they cannot bring to reality.
I don't say it was a scam site but with those promises ? why risk your money when you are surely in gambling losses are there and winning are small chances .

It smells fishy tbh, looks like they are just getting their reputation to increase, and then all of the sudden they'll turn out to be a rug pull as well. It's a possible scenario and we've seen that already in the past. I'd rather stay away or just put as little as possible on your account.

Yeah, just put in a little money to fulfill your curiosity. I know that there are some people that say that it is really a scam but still try it out just to kill their curiosity because they can't sleep thinking about it and really want to invest in it. Just to make sure that they will not think about it again, you will try to invest as little as possible so that you can live peacefully. But this is only a partial solution because if you continue to invest in this type of scam, you will eventually end up investing more and losing money.

[Cling18]

Agree, they can't pay back people in the long run, yes at the start they can because that is their strategy to pay them at first so that they can say that it is legit and they can earn from it but people are not thinking for future like how do they pay their bills and other business expenses if no one is losing so that alone is a proof that it is a scam unless they are a charity and giving free money to gamblers lol. But i am also amazed that there are still people fall to this though they are kind of aware that it looks suspicious but still they put their money to it.

you are correct, its very hard to trust especially if you use to gamble a huge amount of money because surely after all in the long run there's always a chance for such website to run your money without knowing.
. And definitely a good strategy to get more clients easily, so I hope everyone is aware especially if the website isn't trusted because it's very skeptical.

They could get clients but they couldn't sustain them especially if some users would take advantage of it. It will only be an effective strategy in the beginning but wouldn't work in the long run. As for me, anything that pays a huge profit easily has a huge risk as well and we should be skeptical about it.

[rhomelmabini]

It smells fishy tbh, looks like they are just getting their reputation to increase, and then all of the sudden they'll turn out to be a rug pull as well. It's a possible scenario and we've seen that already in the past. I'd rather stay away or just put as little as possible on your account.

Yeah, just put in a little money to fulfill your curiosity. I know that there are some people that say that it is really a scam but still try it out just to kill their curiosity because they can't sleep thinking about it and really want to invest in it. Just to make sure that they will not think about it again, you will try to invest as little as possible so that you can live peacefully. But this is only a partial solution because if you continue to invest in this type of scam, you will eventually end up investing more and losing money.

It's not bad I guess to put even at the range of $20-$100 then gamble it, the thing is if you get hooked that's their advantage at all. That's the disadvantage of people getting hooked because it will trigger them more to get their initial investment or losses until they realize that it wouldn't go them too far or they wouldn't get it. TBH, I'd better play on reputed site than taking risks at all.

[Boristhecat]

snip

Yes, no gambling site or casino will ever refund your losing money and it looks like it would be great to be real. We can always learn from other people's mistakes not to do but sometimes we forget to avoid them because we see their offerings look very good and make sense. Maybe in the future, the other casino will try this method to get more new people who are curious about gambling and want to attract them to join the casino. So it will be good if we can share about their scamming method with many people out there so there are no people will follow. But yes, with this event, we all learn and get valuable lessons here. Thanks, @OP.

The adequacy of the proposed conditions can be easily assessed by projects that have been operating on the market for a long time. If I remember correctly, Sportsbet.io offers a risk-free bet from time to time when there are various big events like the final games of the championships. But the size of this bet does not exceed 5-10 dollars, and in order for the "insurance" to work, certain conditions must be met that relate to your account and the events in the game.

[AicecreaME]

Bumping to spread awareness about this scam site.

Thanks for bumping this thread. While I was reading the title, the first thing that came to my mind was, "is this a scam?" or "is it just a point system that if you lose you will get points which you can convert later." But upon reading the whole post and visiting the website, I would say that the website is very poorly designed and you should really not trust this kind of website because, as you can see, the efforts of the websites of the legit casinos and how they made it." Also, you are earning way too fast and too big, which is really weird why they are giving that huge amount, but I don't know if you ever tried to withdraw your money, I think you can still get it since this was like a ponzi scheme or HYIP.

One of the few indicators of an illegitimate betting comapnies are enticing benefits that attracts people. If they keep giving back losses how would they pay thier bills or make profit, except they have other means of making profit which is unlikely. Just like Ponzi schemes they might give you back your loses which would spur you to keep betting. One-day you might bet with a large sum and you would not get it back when you win or lose.

I cannot agree more. These kinds of offer are indeed too good to be true. And if a thing is like that, it probably is. Because just like you said, if a company or business will return back the losses of players every single time, how would they even profit? And would it even be worth it to call it a business if that's the situation. They are merely giving endless opportunities to the players to win without getting in return. They should have established a charity instead of gambling business if that's their goal.

If anyone would stumble upon one that claims like this, beware of them. They could instantly take everything you worked hard for. Promises like these are most of the time fake and just a deception to make more people invest, buy, or try their products or services.

[bitzizzix]

snip

Yes, no gambling site or casino will ever refund your losing money and it looks like it would be great to be real. We can always learn from other people's mistakes not to do but sometimes we forget to avoid them because we see their offerings look very good and make sense. Maybe in the future, the other casino will try this method to get more new people who are curious about gambling and want to attract them to join the casino. So it will be good if we can share about their scamming method with many people out there so there are no people will follow. But yes, with this event, we all learn and get valuable lessons here. Thanks, @OP.

Almost site gambling never refund your losing money and actually with sport betting when play with parlay or multiple betting way, although losing one match predicting keep not any refund fund. I think OP have different opinion here and looking gambling platform have refund rule when getting loss. What ever games kind between casino and sport betting keep never give chance for refund your fund when getting loss and not chance getting back our money when getting loss.

And if there is a gambling site like that there will be many people who enter because the money will not be lost or returned and the question is if the customer wins the bet is it paid?
I find it very strange because gambling sites work to make money by taking their money while betting and it is a business to be able to make money from customers who bet and lose.
and until now I have not found or heard of such a method, and if any gambling site offers such a thing, I will go in to find out if it is true.

[dunfida]

snip

Yes, no gambling site or casino will ever refund your losing money and it looks like it would be great to be real. We can always learn from other people's mistakes not to do but sometimes we forget to avoid them because we see their offerings look very good and make sense. Maybe in the future, the other casino will try this method to get more new people who are curious about gambling and want to attract them to join the casino. So it will be good if we can share about their scamming method with many people out there so there are no people will follow. But yes, with this event, we all learn and get valuable lessons here. Thanks, @OP.

Almost site gambling never refund your losing money and actually with sport betting when play with parlay or multiple betting way, although losing one match predicting keep not any refund fund. I think OP have different opinion here and looking gambling platform have refund rule when getting loss. What ever games kind between casino and sport betting keep never give chance for refund your fund when getting loss and not chance getting back our money when getting loss.

And if there is a gambling site like that there will be many people who enter because the money will not be lost or returned and the question is if the customer wins the bet is it paid?
I find it very strange because gambling sites work to make money by taking their money while betting and it is a business to be able to make money from customers who bet and lose.
and until now I have not found or heard of such a method, and if any gambling site offers such a thing, I will go in to find out if it is true.

You cant see since these casinos are businesses and not charities on where they are giving off some free service into the community or public on placing up some bets and return those funds if they lost

but what if they have won a certain bet? For sure they would need to pay or else they would be sued out.This is just like they are putting a gun into their heads and just tending to give out free money into the

public which we know its totally contrary for a gambling business that existence which is typically for making more money out of those gamblers around.

[Smartvirus]

I don't know if it's just me but my level of skepticism is on another level. I don't mind if it turns out that I'm missing out on an opportunity to get some free grants or being the early bird to get the early worms. Once I see something fishy on the details of an investment, I panic and ask myself some serious questions.

I was met with this sort of sites as described in OP twice some weeks ago. It's not upto a month for sure but then, these guys which were some junior colleagues came to me with what they feel is an opportunity to get me in as a big investor, becomes my referrer and earn bonuses on my stakes. Unfortunately for them, I don't like things being free and don't go into anything without proper clarity.

The point that raised my skepticism up was, they stood to gain almost nothing, they were to refund you on lost bets, they would give you up to 3-5% daily depending on the packages you pick, there bookmakers options for a bet seemed far too favourable to the gambler and so many other so good to be true promises.

In the line of business, all the odds are often against you as the business owner needs to make profit but in this case, it was different and I don't worl that way. I have to see the point where I can loose so I would guide against it and sadly, there was non in this. Just win, win and win. They are still at it o suppose and I guess, I'll get the update from them and relate it here later on.

Here are the sites they met me with: w86.com and luckyfootball1.com.
I haven't and won't try it and I hope you guys don't too!

[mrongoz_imut]

Actually, no site will refund money if you lose your bet, if you know a site that will refund, you should consider them as a scam. There are plenty of that now that says they will refund, yes, they will do it at the beginning but eventually members will be scammed in the long run, and you don't call them gambling site but a ponzi scheme, there's a big difference so we should not be mislead.

Have indicate become scam gambling platform when returning your money after loss, I don't think why OP really brave asking this question here because gambling is risk and not guarantee with return money back when getting loss, before playing here have term of service what happen when losing fund on gambling platform. Actually true when have bet return money back when losing will not called as gambling platform but looks as hype platform.