[I create a website dedicated for gambling. Outlined within the ToS are a few clauses that allow me to arbitrarily freeze player balances, all fit under one nice long section. One of them is based on if I have suspicion that they are using multiple accounts or money laundering. Another is simply, if at my discretion, I determine that you or your account is detrimental to the conduct of my business. I use this to freeze player balances when they win. When questioned, I respond that they violated the ToS by stating that they violated the section containing those clauses. I do not provide any evidence and then state, "we'll return the deposit though."
Fair, or not fair?
That is literally what is happening with Sportsbet.io.
Not fair at all.
Check out non custodial smart contract based sportsbooks, where the operator never has custody of the player's funds.
Only issue is they don't accept bitcoin, as they tend to be ethereum based. Degens.com is one such example.