sports betting sites that return your money when you lose.

[jrrsparkles]

You didn't mention that they are returning money when you lose the bet or lose the game?

If you are saying the site returns money when you lose the bet then you can simply assume that you are in a scam site because they can't make profit if they don't make any money and I hope you will understand how casinos and sport betting sites are making money then you won't expect them to give it back when you lose.

[Reatim]

You didn't mention that they are returning money when you lose the bet or lose the game?

If you are saying the site returns money when you lose the bet then you can simply assume that you are in a scam site because they can't make profit if they don't make any money and I hope you will understand how casinos and sport betting sites are making money then you won't expect them to give it back when you lose.

Yes it is incomplete what i believe , i checked the Link yet that is direct link in site and not what OP is asking to be answered .

Maybe op needs to refresh this thread and put a complete details in the above .

Because how can we share opinion when we don't really understand what he tries to ask .

[Maus0728]

This LMB Football Sportbetting shite is recognized as an investment scam^[1] in our country, which surprises me. And if this type of platform has a negative track history in the SEC, it's a hard pass.

It is disgusting to see that all of the red-flag you can think of are present in this garbage.

[1] https://www.sec.gov.ph/advisories-2022/lmb-football/

[traderethereum]

You didn't mention that they are returning money when you lose the bet or lose the game?

If you are saying the site returns money when you lose the bet then you can simply assume that you are in a scam site because they can't make profit if they don't make any money and I hope you will understand how casinos and sport betting sites are making money then you won't expect them to give it back when you lose.

If that happens, I wonder how the site can make a profit, whereas if the player loses the bet, the site returns their money.
But if it really happens, then it's an advantage for gamblers because they won't lose money at all in gambling
But that is only in dreams because the site will not refund us if we lose.
Let's just hope that we won't lose much money on many bets so that we won't be too sad.

[Desmong]

I tried to open the link, but the site says access denied.
Maybe the site is banned in our region. But I am amazed to see the sports betting site returning the money if you loose. What do they do? They give money if you win and they give money if you loose? Seems unreal.

The link is not also working here, maybe they have revoke the link to the website or is invalid. I think what op mean is that the gambling site will refund part of your money not when you loss the entire bet but when one or games loses. I have seen many gambling sites like this where you can cash out when you think your last game might not win the best and not the tire game. This kind of features is not new in gambling platforms.

[Darker45]

I cannot see the logic in such an offer. I have never encountered such a sport betting site. Whether such a site exists or not, I cannot be sure. However, my sense of logic tells me right away that such is not possible at all. Gambling sites are created to make money. If a site would give back a wagered money because it lost and would give the prize when it wins, then the company is operating like a charity.

I need more details, but I'm almost sure there is something that hides in their terms and conditions, if ever this kind of site is existent. The devil is always in the details.

[Saisher]

I tried to open the link, but the site says access denied.
Maybe the site is banned in our region. But I am amazed to see the sports betting site returning the money if you loose. What do they do? They give money if you win and they give money if you loose? Seems unreal.

The link is not also working here, maybe they have revoke the link to the website or is invalid. I think what op mean is that the gambling site will refund part of your money not when you loss the entire bet but when one or games loses. I have seen many gambling sites like this where you can cash out when you think your last game might not win the best and not the tire game. This kind of features is not new in gambling platforms.

If we can only check what's on the link we can read what's on it but the site is unclear and pages are not clickable we cannot extract information, and the idea of a sports betting site that returns your money when you lose is not existent and cannot exist, its not sustainable, no site can stand not even for a week, it may even be a scam and just lure people to deposit.

[TribalBob]

no one guarantees money can be returned if I see it because from a scheme like Ponzi, the end is entered in VIP for various reasons, just logically when you buy a lottery at street vendors they promise money back when we lose when you demand it from the seller it will definitely there are many reasons they give without giving results, all bullshit, they just give false promises , sorry a little emotional

[maydna]

no one guarantees money can be returned if I see it because from a scheme like Ponzi, the end is entered in VIP for various reasons, just logically when you buy a lottery at street vendors they promise money back when we lose when you demand it from the seller it will definitely there are many reasons they give without giving results, all bullshit, they just give false promises , sorry a little emotional

Yes, that's right. There is no guarantee of money back if we lose. If there's a casino that promises that, maybe it's just an attraction to attract more people to play. But in the end, people will find out that it is not true. We have to be careful if we find such ads and better not try them if we do not want to experience bad things. There are still many good casinos that we can use to gamble without taking risks on attractive offers.

[molsewid]

Yes, that's right. There is no guarantee of money back if we lose. If there's a casino that promises that, maybe it's just an attraction to attract more people to play. But in the end, people will find out that it is not true. We have to be careful if we find such ads and better not try them if we do not want to experience bad things. There are still many good casinos that we can use to gamble without taking risks on attractive offers.

Me being a gambler whenever I read and listened to the advertisements of gambling sites saying theres a money back guarantee when you lose I already felt its too good to be true. I mean, whose businessman will allow this to happen if this is the only way for them to earn, gambling sites or gambling establishments earned a profit from the losses of gamblers which if we remember that the house is difficult to defeat in gambling because that's the way they earned, so definitely for me there's no such thing like this, there is no guarantee of money back when you lose that's why as a gamblers we should have a self limitation on our gambling activities.

[Inwestour]

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 )

It is obvious that your friend wants to receive bonuses from your deposits when you will register through his link. But there is nothing wrong with that. Online betting can be interesting entertainment if gambling doesn't tighten you in and you don't play for big money. Different sites have different programs, bonuses and the ability to return your bet, even during the match. Once I bet on a team to win and they scored in the first half, I looked at the refund and was offered to refund my bet with a small win before the end of the match, it was funny and I wanted to try how it works. I returned my bet with a small win, and this team ended up losing. Try to treat it as entertainment, then everything will be fine!

[Doell]

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.

Did you try that for about $191? it's too big in my personal opinion, if you win and get lucky it's very good for you, I just want to give advice at least if there are references to something similar then you don't make a big deposit, just under $100 or at least $50 if you lose it won't feel stifling. Wish you luck.

[Similificator]

Okay, I'm getting a bit nervous about this LMB thing since just hours ago, another platform similar to LMB which was LFC(I think) had its users including another friend of mine to be locked out of their accounts unable to log in and of course withdraw their capital and winnings. He also said 20m just disappeared fast. So my, and my friend's conclusion is that they have been scammed already.

Many LMB users are also panicking but none has exited yet tho. Some even topped up even more. I saw screenshots with time and date that had huge deposits. These people are really brave, I don't even invest amounts like that on a single top 10 altcoin. Anyway, more updates in the coming days.

[Fortify]

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

The site is unclear it's not clickable, the domain is unsafe according to one article

Are .cc sites safe?
It should be noted that Google has dropped the . co.cc domain from its search index, which will prevent many users from getting infected, but this will not stop systems that are using . cc domain names from attacking enterprise networks. Security experts have suggested dropping all

It's not recommended for a casino to link their casino to a .CC domain and if it's true that they are returning your money when you lose, how can they sustain and how about when you win, will they allow you to withdraw any project that offers you unbelivable offers are dubious, and have hidden agenda.

It's quite clear that this whole site is a sham and a scam. The way the original poster even posed the question makes me think they are in some way connected to the whole operation, because nobody in their right mind would assume that losing bets would be returned - it undermines the whole point of a sportsbook, which would last about 5 minutes if it operated such a model. It's very useful to see that even the domain extension they used for it cannot be trusted, most likely because it is a free option and that helps keep this really low budget. They're literally trying to entice one or two people to deposit, after which they will run away, rename it and repeat.

[TimeTeller]

Okay, I'm getting a bit nervous about this LMB thing since just hours ago, another platform similar to LMB which was LFC(I think) had its users including another friend of mine to be locked out of their accounts unable to log in and of course withdraw their capital and winnings. He also said 20m just disappeared fast. So my, and my friend's conclusion is that they have been scammed already.

Many LMB users are also panicking but none has exited yet tho. Some even topped up even more. I saw screenshots with time and date that had huge deposits. These people are really brave, I don't even invest amounts like that on a single top 10 altcoin. Anyway, more updates in the coming days.

I also don't understand why they can trust that amount of money to sites that don't have credible reputation?
Maybe, they are just also trying their luck to get more money out of it.
But sites with shady operations, you won't expect that you will get your money back.
Once you have more updates, please share it to the community, so people are aware of what may possibly happen to their funds once accessing those sites. Thanks.

[Boristhecat]

It is obvious that such an honest site cannot exist as it will simply go bankrupt. What will be the profit of the business (even just covering losses to maintain its functionality) if it gives money to the better even in case of loosing?
If we are talking about a partial refund, then this is implemented by many bookmakers and casinos, but you need to understand that the refund is a small percentage of what you lose on average.

[Viscore]

That's not sports betting at all because terms like that in real sports betting do not exist.

When they return your money when you lose, they are like giving you free money. I'm sorry, but it sounds like a Ponzi scheme to me, and I also have some friends who market that to me but I never check the details of the site since the offer alone is too good to be true.

If the site is just giving free money, i don't think if its legit anymore. Don't be too greedy with the offer, always look for a red flag that will eventually tell you that all are just a scam. Once you gamble, there is always high probability that the house will always win, and not the players. But in this case, it seems that the players are not really in a loss, so definitely a big ponzi scheme.

[poldanmig]

Is there a site that refunds its users if they lose? if there is of course maybe the site is just like a charity site , all gambling sites are designed to benefit from their users, the losses that users get are an advantage for the site, so it doesn't make sense that the site will refund users' money if those users lost, then than they could have benefited all this time?
From a business point of view of course that is not the right step in developing a gambling site but in terms of marketing it will certainly be an attraction for new user, but in the end the site will only be accused of cheating by its users if later they don't do as they say, so I think better be wary of sites that offer something beyond logic.

[crzy]

no one guarantees money can be returned if I see it because from a scheme like Ponzi, the end is entered in VIP for various reasons, just logically when you buy a lottery at street vendors they promise money back when we lose when you demand it from the seller it will definitely there are many reasons they give without giving results, all bullshit, they just give false promises , sorry a little emotional

This is gambling as far as I know and the moment you gamble you can’t get that money back same thing with this kind of Ponzi scheme, if you trust them you’ll end up losing the money. You can’t just put money on a place you are not familiar, if you do gambling expect to lose money because there’s no legit site that can still pay you even if you lose on your bet or in a game, if there is a site like this most probably they are already bankrupt. 

[Fredomago]

Okay, I'm getting a bit nervous about this LMB thing since just hours ago, another platform similar to LMB which was LFC(I think) had its users including another friend of mine to be locked out of their accounts unable to log in and of course withdraw their capital and winnings. He also said 20m just disappeared fast. So my, and my friend's conclusion is that they have been scammed already.

Many LMB users are also panicking but none has exited yet tho. Some even topped up even more. I saw screenshots with time and date that had huge deposits. These people are really brave, I don't even invest amounts like that on a single top 10 altcoin. Anyway, more updates in the coming days.

I just saw some post from social media about LFC scam, no idea about this scam thing inside PH but with what I have read users needs to deposit 20% of their withdrawal amount before the platform will process their withdrawal to my surprise there are people who allowed that and deposit more, as they are now scam twice by LFC.

On your side about LMB, I also don't understand why such a risk to take after getting some hint that the business may follow LFC?

If you already gain from this ponzi, better to withdraw now while you can still get your money. Better to have small profits
compared to losing it all together with your initial deposit.