Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long]

[Rating Place]

I wish that something could be done in the form of a bailout. Many times books require matching funds with bailouts. Because some of the balances are so high it doesn't make it realistic. It's unfair to the player to match a deposit that high. It's also unfair to a book to ask them to help with a bailout for this type of money.

[Legions36]

Legion- I agree with a lot of what you say but in no way can you blame OP on this. He didn't ruin it for the players. Coinbet sucked us all in with their rules. Everyone was afraid to speak up. Excuses such as rollovers forced OP to play this much. If complaints were to come in, as the would with other books, OP would never had let his balance grow that big.

There's a alot that we disagree with for post up books. BetPanAm was new and stiffed us millions. SBRJohn was partying with them in Panama and they stiffed players after that. SBRJohn refused to help. Heritage is invite only unless you go through SBR and you'll get booted and limited. Cash books are for another thread so this is the last I'll post about them here. It doesn't help anyone here owed money.

Look i'm just trying to get everyone to understand that what OP did here should "NEVER EVER" be done under no circumstances. I'm blaming him for his own actions not of what coinbet has done. Did anyone think that this couldn't happen? It had it written all over it, huge bonuses and dimelines, setup to fail. Thats why I always said to be careful with the ratings.
Let me say something- What does anyone have any reason to try and accumulate 20k, 50k, (340k LOL) at this book? I was skeptical to have more than 1k here and everyone should have also.
OP was just very greedy and couldn't have a stop loss and now he put himself into this spot that he probably knew in the back of his head would happen. Can anyone come out in the open and really say they felt safe with 20k or 10k here? Even the $ i have in here $1600 and i still didn't feel great about it but the bonus was worth the risk for me.

[Evil-Knievel]

This message was too old and has been purged

[Legions36]

I wish that something could be done in the form of a bailout. Many times books require matching funds with bailouts. Because some of the balances are so high it doesn't make it realistic. It's unfair to the player to match a deposit that high. It's also unfair to a book to ask them to help with a bailout for this type of money.

LOL OP has done so much to screw everyone else who played here because of his pure greed and lack of controlling himself. What more can I say.

[Evil-Knievel]

This message was too old and has been purged

[Legions36]

no he didn't.

Come on, you are an employee at this site aren't you?

LOL all i have to say is "340k", OP is an idiot. Fuk Coinbet that stiff book. But OP is the dumbest person that I have ever come across for doing this to himself, I don't recall ever coming across something as dumb as this. and let me tell you there are some real idiots out there.

[BitcoinzRulez]

I wish that something could be done in the form of a bailout. Many times books require matching funds with bailouts. Because some of the balances are so high it doesn't make it realistic. It's unfair to the player to match a deposit that high. It's also unfair to a book to ask them to help with a bailout for this type of money.

LOL OP has done so much to screw everyone else who played here because of his pure greed and lack of controlling himself. What more can I say.

he's obviously psycho and feels that my actions have ruined any chance he has at recovering his coinbet funds.  he prolly has money there and feels now he wont get paid and is taking it out on me which is just absurd.  

A player is never at fault when a book doesn't pay out.  I cant be blamed for winning as much as i did, but more importantly in the original post i tried cashing out much less along the way and was never allowed.  at no point in time were they legit.  Also, i never wagered more than 10k on any particular bet and was forced into continuing to play there while trying to meet ridiculously high and ever changing rollover requirements.  

I'm not sure what legion's agenda here is, but it seems like he has some emotional or personal issues.  just a couple snapshots from various days leading up to almost $5,000,000 wagered.

[Evil-Knievel]

This message was too old and has been purged

[Legions36]

Thanks for posting all that because everything I said to u proves how stupid u are. No normal person should be betting that kind of money in a place like this and his excuse is "because they allow me to do it, it has to be right". Your the biggest idiot I have ever met and I could care less about what I lose at this book because i already had a stop loss in place, I have about 40 other books i use and to chose from, I also know which ones I want my serious action to be at.
I can't believe that u don't see your a fool, I mean since u feel like throwing $ around I would be glad to accept money at least u know im not a scammer like coinbet and I will put it to good use.

[Legions36]

Make sure you print them all out. Also you should consider to take some "records" of that, which would be accepted at a court. Not sure what those requirements are exactly, but I maybe you could start off with a recorded screencast which proves that you legitimately logged in and got those results from their server.


just in case your account does the "hudini's magic dissapearence act" 

There is zero chance anyone could do anything for OP at this point, what court could help him?

[BitcoinzRulez]

Make sure you print them all out. Also you should consider to take some "records" of that, which would be accepted at a court. Not sure what those requirements are exactly, but I maybe you could start off with a recorded screencast which proves that you legitimately logged in and got those results from their server.


just in case your account does the "hudini's magic dissapearence act" 

oh no, my account was taken away late last night after i made this thread yesterday.  in addition to all the emails i posted (and another 150 i didnt' post) i have roughly 50 screenshots of my wagering action encompassing the 5mil i've placed.  i knew they were a scam when this whole ordeal started, but i had to ride their wave of BS in the hopes of a payday.  but along the way i kept plenty of records.

[Evil-Knievel]

This message was too old and has been purged

[John (John K.)]

BTW, the site is down as of now.

[jeremypwr]

Thanks for posting all that because everything I said to u proves how stupid u are. No normal person should be betting that kind of money in a place like this and his excuse is "because they allow me to do it, it has to be right". Your the biggest idiot I have ever met and I could care less about what I lose at this book because i already had a stop loss in place, I have about 40 other books i use and to chose from, I also know which ones I want my serious action to be at.
I can't believe that u don't see your a fool, I mean since u feel like throwing $ around I would be glad to accept money at least u know im not a scammer like coinbet and I will put it to good use.

Not to get off topic, but which books would you use if someone like myself wanted to play a rather hefty wager?  Some of the exchanges I have heard about went down    

[Evil-Knievel]

This message was too old and has been purged

[jeremypwr]

Make sure you print them all out. Also you should consider to take some "records" of that, which would be accepted at a court. Not sure what those requirements are exactly, but I maybe you could start off with a recorded screencast which proves that you legitimately logged in and got those results from their server.


just in case your account does the "hudini's magic dissapearence act" 

There is zero chance anyone could do anything for OP at this point, what court could help him?

Sadly this is true.  My best advice to you OP would be go my rout and become somewhat of an "advocate" for the BTC sportsbooks/casino.  

As fucked up as it is, OP has done absolutely NOTHING wrong here.  He took down the house but the house already left...

[kleineaap]

Bam! You could see that one coming! Incredible..

I suggest OP to promote bounties to find the identity of these people. There are some damn good internet detectives out there!

Best of luck man

[DiamondCardz]

BTW, the site is down as of now.

Damn...that's pretty bad for the OP. Looks like they've scammed and went AWOL.

[Evil-Knievel]

This message was too old and has been purged

[BitcoinzRulez]

While I certainly don't owe anyone apologies, I do feel bad for taking so long to post about my experience.  I knew on march 10th how this would probably end, but was never willing to risk posting about it.  it was pure math.  by posting there was a 0% chance i get paid.  by remaining silent i figured it was as high at 20% back then.  as the days wore on and the likely percentage slowly declined i held out lingering hope because of all the "negotiations" i was presented with on a daily basis.  it wasn't until Friday that i was positive that nothing would ever come from them.


this thread should probably be focused purely on posting the identities and information (any and all) behind the operators of coinbet.