We generally do not comment publicly on individual account investigations. However, following the accusations made against EarnBet, we will address the matter directly.
The account was restricted after our sportsbook provider, a leading specialist in the iGaming industry, flagged fraudulent betting patterns on live tennis markets. This alert originated from the specialist provider responsible for operating and securing the sportsbook markets.
Following this alert, we conducted an internal investigation which identified 3 additional accounts connected to the one making this accusation, bringing the total to 4 accounts .
All 4 accounts were linked through on-chain transaction evidence. All 4 accounts were active on the sportsbook and showed the following:
- They bet on the same live tennis markets
- They followed matching betting patterns
- They were flagged for suspicious betting behaviour
- On-chain evidence connecting the accounts
The funding address is not associated with any major exchange. It is an unlabelled wallet with limited activity, a modest balance, and a relatively small transaction history, behaviour consistent with a privately controlled wallet.
The fund flow patterns were also highly similar. Separate wallets received funding from same address and deposited almost the entire amount to EarnBet.
The user originally stated in his Bitcointalk post that he had experienced similar issues with multiple other bookmakers, writing:
"I saw many times bookies removed my winnings..."
This statement was later edited out. The original wording remains publicly visible in the post’s edit history:
https://bitlist.co/post/66952588/versionshttps://bitcointalk.org/index.php?topic=5103576.msg66954438#msg66954438This edited statement has no impact on restriction. However, its important context as the original post showed that the user has had similar issues with multiple other bookmakers, suggesting the problem lies with the user’s betting activity rather than with EarnBet.
Our terms prohibit multi-accounting and any form of fraudulent or improper activity. The restriction was based on multiple converging indicators, including on-chain linkages between accounts and fraudulent betting patterns identified by our sportsbook provider. This was also communicated to the user by our support team when his withdrawal request was rejected under Section 6 of our Terms & Conditions.
At EarnBet, we are committed to fair play, transparency, and protecting legitimate users. We take all feedback seriously and investigate thoroughly. However, we also have a responsibility to act when clear evidence points to coordinated or prohibited activity. We stand by our decision.
