Re: Sportbet.one uses bogus excuse to confiscate $13,705 from me
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Furthermore you go to significant lengths to sell your site on the fact that you have no custodial control over clients funds https://sportbet.one/OnePager.pdf "money not kept on company's accounts, "we wont block your money..we dont even have it on the platform", "winnings are paid directly to your wallet", "bet without addition risks and problematic withdrawals". These claims are at direct odds with what is happening to me right now. You require customers to relinquish custody of their funds and decided to unilaterally seize and confiscated them. There's nothing decentralized about that!
Bottom line is Sportbet.one how can anyone trust you?
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Explain why you claim that customers funds are in their control yet you have the ability to seize and confiscate them.
Furthermore you go to significant lengths to sell your site on the fact that you have no custodial control over clients funds https://sportbet.one/OnePager.pdf "money not kept on company's accounts, "we wont block your money..we dont even have it on the platform", "winnings are paid directly to your wallet", "bet without addition risks and problematic withdrawals". These claims are at direct odds with what is happening to me right now. You require customers to relinquish custody of their funds and decided to unilaterally seize and confiscated them. There's nothing decentralized about that!
Bottom line is Sportbet.one how can anyone trust you?
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Explain why you claim that customers funds are in their control yet you have the ability to seize and confiscate them.
If I may help answering this issue as I think I am quite familiar with this one, as I had a discussion about this topic once, they're referring about the web3 sign-in/sign-up [see image below], where you use your eos wallet as your ID and connect that wallet to their platform, thus accessing the fund directly from your wallet and they're not in custody of any fund.
They also offers "traditional" registration with email, of which you can deposit the fund to your account. Since your fund are in their custody, and for the lack of knowledge of this web-3 alternative registration, I assume you're having a traditional account one.
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2. You violated all the rules from "GENERAL TERMS AND CONDITIONS" section 2 (highlighted in bold):
"The betting company reserves the right to revoke the concluded betting agreement (including the bets placed before and after the beginning of the event), refuse to fulfill its obligations under this agreement (including paying out the winnings), or refuse to return any placed bets, if:
- bets are made by a group of clients acting in a coalition to bypass the restrictions established by the betting company;
- the client is suspected of using any software that automates the process of setting bets;
- the client uses the game account to play in arbitration situations;
- the client abuses the loyalty programs."
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2. You violated all the rules from "GENERAL TERMS AND CONDITIONS" section 2 (highlighted in bold):
"The betting company reserves the right to revoke the concluded betting agreement (including the bets placed before and after the beginning of the event), refuse to fulfill its obligations under this agreement (including paying out the winnings), or refuse to return any placed bets, if:
- bets are made by a group of clients acting in a coalition to bypass the restrictions established by the betting company;
- the client is suspected of using any software that automates the process of setting bets;
- the client uses the game account to play in arbitration situations;
- the client abuses the loyalty programs."
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Can you tell us what make you so sure and/or the proof that you have that OP coalited with someone or use software to gain advantages as you suspected him?