Quote from: sbrzol on January 28, 2017, 01:24:04 PM

https://bitcointalk.org/index.php?topic=1710755.0

History : https://bitcointalk.org/index.php?topic=1710755.msg17651351#msg17651351

Briefly : powerbet voided one of its user's bets (only winner ones) saying arbitrage betting, (but they have no such rules, so they have no right to do so )

Powerbet deleted almost all my posts from their topic, here are them again :

I tried to say that you have the same odds provider as 1xbet/1xbit (but your userinterface/ layout is different)

Please feel free to prove (link their rules/tos here) that exists any traditional or not traditional (btc) bookmaker who are againts arbitrage in their rules

As I remeber there was only one bookmaker (betway) who tried to apply such rules but they had to remove it .

I made at least 30.000 arbitrage betting in the last 7 years using at least 100 bookmakers .

None of them dared to void any of my bets saying arbitrage.

You cant prove you cant say that the bet placed on your site is one side of an arbirage betting , you can only suppose it, but it means nothing

You could only prove it if you are the owner of the other bookmaker where the other side of the arbirage betting was placed.

So here are some questions:

If i place a bet :
Match: ABC- XYZ
Handicap: ABC -5 @ 2 but later i change my mind and place another bet but the other side after the line moved
XYZ +7 @ 2.1

What are you going to do?
Void both , void only the winner one, void the 1st one or the 2nd one , void them only if both winners ?

i give you a hint: you have to settle both bets according to the results

And what about middles or revers middles?
ABC -5 @ 1.9 XYZ +7 @ 1.95 is it an arbitrage betting in your terms ?

If i start to place bets with random stakes what will you do?
( So if here is somebody who wants to fuck up with this book , only place some random stakes 13.53, 15.75 and later can come here and make complaints )

Where is the limit ? Should i use stakes with the last digit only 0 ? or can use the number 14 , will you void it? (before voiding please check my balance because perhaps i have only 14, lol)

So please do not lie that only pinnacle not against arbitrage betting, because the earlier discussed situtation is an everyday situtation , that a bettor change his mind (for example an NBA player injury) and
place another bet on the same market but the other side

i suggest spbettor to register to http://www.sportsbookreview.com/forum/sportsbooks-industry/ and share your issue there too
and here https://bitcointalk.org/index.php?topic=717790.2380

I will register to your site in the next few weeks and will place only arbitrage bets.
Try to detect it and try to void it. We will see whose reputation will suffer it.

I have been scammed many times by btc books. (Bitcoinlivebets, betcoin.tm , betvip)
None of them in business now.

I tried and used almost all btc bookmakers.

You did nothing well, those are only words ,means nothing. betvip said such huge words but i proved that they had only 15 bets daily.
bitcoinlivebets said that they had 1000 users and incresing but they had less than 100 users .

Another posts briefly:

2, Powerbet voided only the winner bets.

3,

https://powerbet.io/pages/terms
As i see there is nothing about arbitrage betting in your tos

Which is mega lol because until now i thought you have such rules

So you have no right to void any bets saying arbitrage betting

Jetwin also using such words " for recreational players" but as I remeber they voided my bets because they were very slow to update their lines and they voided them before the match started not afterwards and not only the winner ones, so mega unfair from powerbet

For me is very recreational to get out a lot of money from the sportsbet industry via arbitrage betting, it is free money , very recreational , it is so refreshing for me Wink

Please define what means recreational for you powerbet , i am not an expert in such not common words meaning

I'm preaching to the choir here. Books can ban, they can limit, but they should never confiscate winnings.

I like these guys from the little interaction that I've had with them. That said, it will be tough for some of these new books to stay in business with their low holds, bonuses and confiscation rules.

Almost every book has the "recreational player only" clause. That just means they can boot or limit. If the rules say they can confiscate winnings, and they hold true to this, then they'll never be rated high here.

Some books don't allow you to come back on the other side of a bet to in-house scalp two way betting. I can agree with the book on this if it's in their rules.