Spin.io Stole My $710 Deposit After Only 6 Tennis Bets

[rxdtrip]

What happened:
Spin.io confiscated my entire balance after only 6 tennis bets. After I passed verification and sent all documents, they stole both my winnings ($181) and my full original deposit ($710). Their reason - "advantage play".
Scammers Profile Link:
https://spin.io
https://x.com/SpinIoOfficial
Amount Scammed:
$891 ($710 deposits + $181 profit)
Payment Method:
USDT (BSC-20)
Proof of Payment:
https://bscscan.com/tx/0xd7735b3c29b4d56cefa51fd9d2eedcc599a609b6dc42355130f8ee8e563325f2  first deposit
https://bscscan.com/tx/0x0a5871e165bc072d9c4c4739cb54f54154bee05ef83c4eb509bf9799ba004121 second deposit
Spin.io wallet address: 0x904E01F86df88973fD6e1aD8FdFEaE8E9acFF3C6

Screenshots of my bets, deposits + confiscation email:
https://i.ibb.co/LBqwwWk/bets.jpg
https://i.ibb.co/S46VkBHZ/deposits.jpg
https://i.ibb.co/XxTVySxr/spin-io-scam.jpg
Additional Notes:  
Only 6 tennis bets total (5 ITF Women + 1 French Open Qualification)  
4 wins, 2 losses  
Almost all profit ($175 out of $181) came from one bet on French Open (Roland Garros) - one of the most liquid Grand Slam markets  
No bonuses, no arbitrage, no software used  
Their odds provider(Betby) accepted all my stakes and settled every bet without any problems. Yet Spin.io still chose to confiscate my full deposit and winnings.

Even though Spin.io does not actively advertise or run an official thread here on BitcoinTalk yet, I felt it was my duty to warn the crypto community about Spin.io predatory practices before they scam anyone else here.

[julerz12]

Looks like a fairly new casino. Did they launch just this month? I can't find any other details about them in this forum.
It seems they do have a page in CasinoGuru, so you might want to file a complaint there; maybe they can help mediate and resolve your problem.
https://casino.guru/spin-io-casino-review

[rxdtrip]

Looks like a fairly new casino. Did they launch just this month? I can't find any other details about them in this forum.
It seems they do have a page in CasinoGuru, so you might want to file a complaint there; maybe they can help mediate and resolve your problem.
https://casino.guru/spin-io-casino-review

Thanks for the info. Didn’t know they’re listed on the CasinoGuru.
AFAIK CasinoGuru mostly handle complaints about slots and casino games, or at least that used to be the case.

Besides, I’ve just lodged a formal complaint with the Anjouan Gaming Board (Spin.io’s licensing authority) https://i.ibb.co/s9PMCVM5/image.png
Will update here once I receive their response.

[Coyster]

Advantage play, lol, how convenient for them to just put it that way, confiscate everything and move you on, crazy pattern for casinos these days. If they felt you were getting a few over them and they don't want you on their platform anymore, the right thing to do is let you withdraw your funds, then close your account.

That said, good to create awareness about this, though since they are not on the forum, you cannot get any solution here. Do give us updates when you make a report in CG. You can also report this in AskGamblers too.

[Zwei]

AFAIK CasinoGuru mostly handle complaints about slots and casino games, or at least that used to be the case.

you are correct on that.

Besides, I’ve just lodged a formal complaint with the Anjouan Gaming Board (Spin.io’s licensing authority) https://i.ibb.co/s9PMCVM5/image.png
Will update here once I receive their response.

don't keep your hopes up, anjouan gaming board is pretty much useless, they will just tell you to take it up with the casino directly or with a third party ADR.

Advantage play, lol, how convenient for them to just put it that way, confiscate everything and move you on, crazy pattern for casinos these days.

they don't call it the crypto wild west for no reason.

If they felt you were getting a few over them and they don't want you on their platform anymore, the right thing to do is let you withdraw your funds, then close your account.

exactly, confiscating his deposit is theft and is a scam. the industry norm is to pay up wins then limit the account after, or even if wins get voided for "advantage play", they need to refund his deposit.

[Perfectbaby]

Most time I wonder how you guys do came across these sites because to me I do not think I would be that Open to go used those site that are not mainly being advertised here or being posted over here. The reason is that people would have to rate them whether they are doing bad or good they would have to post them and if there is any shedy activity they would easily expose them or even given them trust ratings for their ill activities. Next I wouldn't mind encouraging you to use sites that are often advertised here.

[Coyster]

Most time I wonder how you guys do came across these sites because to me I do not think I would be that Open to go used those site that are not mainly being advertised here or being posted over here.

While it is true to play in more "popular" crypto casinos, like some of the platforms running campaigns in this forum, but that doesn't still mean you cannot be in the same situation as the OP if you use them. Even platforms that very popular do this, imagine what BC.Game did all the years they were in this forum, confiscating funds and taking peoples money with impunity.

they don't call it the crypto wild west for no reason.

Sure they don't. I hate that casinos can just do stuff like this arbitrarily. What could be a possible solution to this? Because it is like all of the power is in the hands of these casinos and they pay you when they want to.

[Perfectbaby]

Most time I wonder how you guys do came across these sites because to me I do not think I would be that Open to go used those site that are not mainly being advertised here or being posted over here.

While it is true to play in more "popular" crypto casinos, like some of the platforms running campaigns in this forum, but that doesn't still mean you cannot be in the same situation as the OP if you use them. Even platforms that very popular do this, imagine what BC.Game did all the years they were in this forum, confiscating funds and taking peoples money with impunity.

This is true and we can't be that certain on the casino that wouldn't confiscating people funds, although I have never experience what op is saying from casinos because I don't chase their bonus, or even ref neither do I try to meet up with any of their free offers, most times all these could be the cause why most people usually find it difficult on their accounts to make withdrawal so easily because some of these casinos are too sensitive, some of those things that leads to this problem could be abused of bonus, having multiple accounts and so on.
In most cases the accuser could be right, taking a look at the site he made mentioned to me it's the first time I am hearing about them so I wouldn't be surprised if that is coming from them.

[Zwei]

they don't call it the crypto wild west for no reason.

Sure they don't. I hate that casinos can just do stuff like this arbitrarily. What could be a possible solution to this? Because it is like all of the power is in the hands of these casinos and they pay you when they want to.

the most effective solution is for gamblers to stop playing on casinos who do stuff like this, and only gamble on casinos that would respect you as a player. vote with your wallet kinda thing.
the other is for regulators to stop sitting on their asses and start passing laws that would protect players, and i think we are heading there with everything turning into a casino nowadays.