Re: #1 RATINGS of SPORTSBOOKS. Please post any payout delays. Input wanted from all.
I give A+ to Directbet! They are #1!
they are A+ for most of bitcointalk community members i know it, but we can't ignore current directbet case about a double spending attempt and confiscated funds worth thousands dollar. complicated case and still no solution to solve the problem.Sometimes attempted double spend show without a person trying to double spend. If DirectBet confiscates the $16,500, it sets a precedent that DirectBet can confiscate money any time attempted double spend shows.
peeps the player clearly tried to double-spend, however even if he wouldn't I don't understand why he keeps refusing to comply with the requisites to receive the payout..
DirectBet have on their rules:
Quote
"We reserve the right to confiscate wagers when we believe that fraudulent activity is involved, including but not limited to, hacking attempts, double spends and odds manipulation. By placing a bet at DirectBet you agree that in case of any dispute DirectBet decision is final."
In this case they are not just confiscating the funds, they are offering to refund the funds if user perform 2 simple actions.
I may be missing something here but I as others have previously said we need to check also from the bookmaker perspective, if not all bookmakers would go bankrupt in 2 weeks.
I don't think any site should get a pass for seizing funds because they reserved the right to do so in their fine print. In fact, I consider the fine print pretty useless in an unregulated environment, once they have your money, they can do whatever they want with it no matter what anyone says or does, what are you gonna do, call someone?
The only thing they can't completely control is their reputation. (signature campaigns are often a desperate attempt to)
It's up to the players to asses what kind of behavior should be acceptable or not.
Is it ok for a site to advertise this on their front page:
And then hold a players money hostage in exchange for personal details?