Either you or the publicly proven Sportsbet scam is lying!!!
Because according to their statement they are obligated to ID verification if withdrawals exceeds the equivalent of 10 Bitcoins or 2300.
Because according to their statement they are obligated to ID verification if withdrawals exceeds the equivalent of 10 Bitcoins or 2300.
Hi all,
Regarding the complaint of player ExcessTest:
sportsbet.io is a regulated online gambling provider which does not withold customers funds and processes hundreds of withdrawals of BTC in a week.
Regardless the nature of Bitcoin payments as a regulated operator we are obliged to ID verification, KYC and AML (anti-money laundering) procedures by the regulator at certain withdrawal levels.
We have stated this clearly in our Terms & Conditions page available here
https://sportsbet.io/about/general-terms-and-conditions
3.3.3. Sportsbet reserve the right to carry out additional KYC verification procedures for any withdrawals exceeding the equivalent of 10 Bitcoins or 2300 which ever is lower, and further reserves the right to carry out such verification procedures in case of smaller withdrawals, as demanded by our gaming license. Account Holders who wish to recover funds held in a closed, locked or excluded account, are advised to contact Customer Support.
Regarding the complaint of player ExcessTest:
sportsbet.io is a regulated online gambling provider which does not withold customers funds and processes hundreds of withdrawals of BTC in a week.
Regardless the nature of Bitcoin payments as a regulated operator we are obliged to ID verification, KYC and AML (anti-money laundering) procedures by the regulator at certain withdrawal levels.
We have stated this clearly in our Terms & Conditions page available here
https://sportsbet.io/about/general-terms-and-conditions
3.3.3. Sportsbet reserve the right to carry out additional KYC verification procedures for any withdrawals exceeding the equivalent of 10 Bitcoins or 2300 which ever is lower, and further reserves the right to carry out such verification procedures in case of smaller withdrawals, as demanded by our gaming license. Account Holders who wish to recover funds held in a closed, locked or excluded account, are advised to contact Customer Support.
You're quoting Terms & Conditions from 2017, and they have since changed.
9.2. Sportsbet.io reserve the right to carry out additional KYC verification procedures for any withdrawals exceeding the equivalent of 1 Bitcoin or 2000 as regulated by our gaming license.
All that means is that they reserve the right to KYC anything over 1 BTC, not that it is a requirement.
You seem to be confused, which isn't really much of a surprise.
Their own terms of service confirm their scam! Because if they are required by their regulator (whoever this is?) to do KYC, then they have to do this always and also in case of deposits!
And this confirms that they are not regulated and reserve the right to do KYC only in case of withdrawals to find a reason to defraud winnings and deposits!
The same "scam accusation" for 15 BTC (which was returned) is floating around the internet.
They caught him, and lucky for him, returned his 15 BTC deposit.
People don't understand that the scam artist attempted to defraud Sportsbet.
If you aren't familiar with the term "Double Spending," do yourself a favor and Google it.
How did they catch him and where is the proof of how they catched him?They caught him, and lucky for him, returned his 15 BTC deposit.
People don't understand that the scam artist attempted to defraud Sportsbet.
If you aren't familiar with the term "Double Spending," do yourself a favor and Google it.
The victim authorized sportsbet to publicise the proof and sportsbet denied! This says it all! At least for someone with a brain in his head.
If you have an issue with them, why do they offer to ask gamblers? How sick is this?