Just recently I encountered a problem that some casinos (not all) refuse to verify your account before you start playing! When asked why? they simply answer "we have such rules". Then I tried to convey to the Bitcointalk community that such a refusal may of course be in the casino rules, but it simply must have a negative rating! This is bad form! And the refusal to verify your account before you start playing directly indicates a dishonest trick on the part of the casino, which allows you to cancel your winnings in case of violating the casino rules, but does not prevent you from losing your new and new deposits over and over again. Considering that 98% of players lose everything over the long term, then there is a very high probability that, knowing in advance that you are violating the rules, the casino keeps silent about it and accepts your money until you suddenly get lucky and want to withdraw something! A representative of the Betcoin.AG casino wrote that everything about your account is immediately known at the time of registration. That no verification is needed. However, when asked why you provide a deposit address if you know in advance that such a player will be disqualified, the casino representative did not comment. But it is immediately clear that the casino will gladly accept your money, even if it knows in advance that no one will pay you any winnings, and maybe they will also take away your deposit.
And please do not write that only scammers have problems of this kind and that they are punished correctly. There are a huge number of cases when honest players are robbed under the pretext of violating the rules!
I hope that each of you has clearly established for yourself that it is necessary to permanently exclude casinos that refuse to verify your account at your request before the start of the game!!!
Now we will discuss another problem that I saw on the forum - theft of money from customer accounts under the pretext of arbitrage bets! There are a lot of such disputes. In some cases, bookmakers allow themselves to steal even the deposits of such a client. The purpose of my article is to very simply prove to you that such an action is illegal and immoral! I really hope that the all-knowing representative of the bookmaker Betcoin.AG will also comment on this issue. As a representative of the business, he will show us a view from the other side.
For those who do not know, an arbitrage bet is a bet that was made on a coefficient with a higher, relative to the market, valuation. If most bookmakers offer a coefficient of 1.4 for Barcelona to win, and your bookmaker offered 1.6 (why he did this, we will analyze further), then rest assured that the bet on this outcome will be regarded as an arbitrage!!!
I do not know how it works. But I know for sure that the bookmaker does not like when players place arbitrage bets, this is a fact. Another fact is that arbitrage bets are immediately determined. And if you made an arbitrage bet, rest assured that it will be 100% marked. And I really want to get an answer to the question -
WHY DO BOOKMAKERS OFFER ARBITRAGE ODDS FOR BETS, BUT SO CRUEL PUNISH THOSE WHO MAKE THEM??? Why are arbitrage bets so easy to determine, but why are they not excluded from the possibility of making them at all??? What is this, a provocation? Or does the bookmaker create a situation for itself in which, on the one hand, bets with an increased margin, and on the other hand, all bets will be canceled? One-way acceptance under the best conditions? I really want to hear a comment from a business representative, why do you offer such bets and then punish so harshly!?
I also came across some explanations from experienced bookmaker employees who explain the possibility of arbitrage situations in general. The thing is that when a situation arises when almost all players make the same bets, the bookmaker deliberately understates one side and unintentionally raises the other side. THIS IS DONE DELIBERATELY! The bookmaker also consciously accepts bets on arbitrage bets because everything is fine with him and there is an even win. And here we need to draw a conclusion: 1. the bookmaker is happy to accept your bets and he needs them 2. the bookmaker definitely does not like it if you bet only on such situations. Here it has become even more difficult to assess, so why do you punish such players so harshly if you do it all with your own hands??? the answer is simple, bookmakers with harsh punishments for arbitrage bets cannot be called bookmakers at all! in fact, they are copying stations that do not have their own opinion and only copy numbers without looking. So when a real bookmaker with a huge customer base is doing well, these small guys go betting in one direction and create risks to either win or lose. But even in this case, your odds were set with a pre-set margin! Why do you allow yourself to steal customers' money with such bets???
But things turned out to be even worse! In fact, this has become one of the forms of fraud by bookmakers! By accusing a player of arbitrage bets, a bookmaker gets an unsubstantiated base in which there is no way to dispute it! Moreover, the Bitcointalk community even takes the side of the bookmaker "aaah, he placed such bets. oh, not good. right that you take away all his money!" ARE YOU SERIOUS??? At what point did your community decide for itself that the odds that the bookmaker itself offers, suddenly cannot be placed??? Tell me, is the arbitrage bet highlighted in red? How can I know that it is definitely not arbitrage? I have a question for the bookmaker's representative (or maybe there is a very competent expert)
HOW CAN I, WRITING DOWN EVERY BET, IN CASE OF ACCUSATION OF ARBITRATION BETS, PROVE THAT THIS IS NOT SO? and even more importantly, will the bookmaker itself accept this evidence, hinting that it is all drawn, and that its data is correct!?
I was looking at this bookmaker
https://bitcointalk.org/index.php?topic=5177893.460and the last post, a community member with the status of a legendary writes that his account was closed due to arbitrage bets. I went to the website of this bookmaker and was simply shocked! These are super low odds! I am more than sure that no arbitrage situations can arise there at all in principle! That such tricky accusations are just another way of fraud! (I don’t want to say this outright, but it looks like that’s the case)
In the 21st century, I can easily register two good bookmakers and place bets on my favorite teams where they offer the best odds! BUT you are in the risk zone! An ordinary player cannot bet on a best offer from a bookmaker because you can get an arbitrage bet, and there they will take everything away from you at once. Do I now need to look at what other bookmakers offer and bet where the odds are lower??? And if there is one inadequate bookmaker who creates an arbitrage situation with everyone!? Will I be guilty again?
From this moment on,
I want to understand once and for all how I can 100% exclude the possibility that my future bet will be arbitrage? And how can I document such evidence???Now let's all prove to any bookmaker that canceling winnings in arbitrage bets is extremely illegal and immoral! And that this action must lower the bookmaker's rating and lead to its gradual withdrawal from the market! What if I make several arbitrage bets and document that the bets were arbitrage. Then, by chance, my bets lose. I submit a request on the forum that, according to the casino rules, arbitrage bets are prohibited and all such bets must be cancelled!!! WILL THE BOOKMAKER RETURN MY LOST MONEY IF I PROVE WITH DOCUMENTARY PROOF THAT MY BETS WERE ARBITRATION AND ACCORDING TO THE BOOKMAKER RULES THEY SHOULD BE CANCELLED?

I'll tell you how it will be. You will either be prohibited from placing bets for no reason, or you will simply be allowed to continue placing bets! THIS IS THE SAME FRAUD on the part of the bookmaker and nothing more! The arbitrage player himself is not a fraudster, because everything is fair!
There is a lot of text, but if you read it all, I hope you will once and for all look with a negative judgment at the bookmaker who stole the winnings from the client, referring to arbitrage bets! You must have the right perception.