Post
Topic
Board Gambling
Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site
by
Bazinga442
on 19/02/2019, 07:41:11 UTC
This is a good example of someone that let things be after cloudbet scammed him:

Avoid cloud bet at all cost. They owe me 35 bitcoins (from the time when bitcoin was trading at $13500/coin).  I am a high-roller who follows Betting resource.com's 10 unit picks. They recommend only to play at betcris and pinnacle but the limits there are low and decided to jump in on cloudbet since they offered the 5 bitcoin bonus plus high limits. I deposited 20 bitcoins and I received 5 bonus bitcoins. All was good. Limits were ridiculously high and and I was very happy following the tips. Long story short, I ran up my account to 60 units total in few months and problems arose when I requested the first withdrawal for 25 units. It staid pending for days without explanation. When i contacted them, they kept giving excuse of internal reviews and investigations. Then they asked so many documents, some were ridiculous requests and i complied with everything they asked. By this point i was suspicious and stopped betting with them. Their review/investigation last 2 months and finally they completed the investigation and concluded that my "betting pattern" is against their terms and conditions. I asked them which and they failed to explain further. They told me that my account has been closed and gave me option to withdraw my 20 bitcoin deposited and gave my 48 hour ultimatum and if I don't accept the offer, I get nothing. I had no choice but to accept the offer. At the time i deposited the 20 bitcoins, it was trading around 13.5k/coin. When i received the 20 bitcoins, bitcoin was worth about $8000. Not only did I lose my winnings and bonus but I also lost a lot of value on my deposit.

To date they haven't given me explanation on how I broke the terms and conditions. i did not have any betting pattern. all i did was follow my tipster and flat bet 4 bit coins on each tip. All bets for same amount. There is nothing in their terms and conditions that states this type of betting is disallowed.

This book is very bad. I guess many people don't know since they are losing gamblers but if you are a big winner, they will show their real colors.