This is a step by step guide about what to do when a bookmaker refuses to pay you. This is not a clickbait, but a real help for those who got scammed by a bookmaker or even a casino. The only condition is that this casino has to have a sportsbook. There is a lot to learn about what to do when a bookie steals your money, here we try to spare your time by pointing out the most relevant steps.
First let me describe a scenario that might lead (and many times leads) to the drama when a bookmaker or casino is not paying you. There are many bookmakers and casinos with a licence that is not the one of your country. For some reason you decide to bite the hook and play and bet with that operator. This bookie most of the time operates under a Curacao licence… and guess what. There is no way for you to get justice under that licence. First you will not notice any issues and all will be fine till the moment you win.
The next thing that happens is you being spun in circles by their departments and support staff.
● The answers from the support will be: Our finance department is going to look at it
● The answer from finance department will be: Our risk management is going to look at it
● The risk department is going to send you to some kind of supervisor until you reached the point when nobody is communicating with you at all
There is however one thing you will still be able to do. What is it? You are still able to bet. They simply count on it that you will be stupid enough to keep on betting. But that is exactly what you are supposed to do. What? Here comes the step by step guide. You will however not be able to get the full 100% of your funds. 1-3% is the price you would have to pay.
Step 1
Make sure to open an account with a bookie that is fully legal in your country (or is guaranteed to pay the wins). This is an important step, since you will be withdrawing the money through this one.
Step 2
Pick a sport you understand and within that sport pick an event that you have an opinion about the outcome. There are 2 conditions
1. The same event is in offer by both bookies
2. The probabilities of winning e.g. tennis player 1 is similar to the win of tennis player number 2. The odds 1.09 and 7.53 will not do the job. Search for odds equal like 1.9 and 1.9.
Step 3
Let’s say you picked a Over/Under 2.5 market with odds 1.94 for Over 2.5 goals and 1.95 for Under 2.5 goals. In this case you will lose 2.75%. Now, you have to bet the amount stuck by the scammer bookie on the result that you believe will not occur. How to spread the stakes you can find here (since the odds are similar it doesn’t matter that much. Use that calculator when the odds are like 1.7 and 2.3 and make sure to spread the stakes like calculated).
Look at the image below and you will understand. In order to get the 100 that are stuck by the “scammer line”, you have to fool around with the “Total amount you want to risk” until you get the “100” in the line with the scammer bookie line.
Step 4
Take the 100 and bet on the odds 1.95 odds by the scammer bookie. Then, take 100.51 and bet on the odds 1.94 by the licensed bookie. Remember it is the same sports event and one of the 2 bets will for sure win. To get your money back you have to lose it to the scammer as soon as possible. He will indeed keep your funds, but you will get around 97% back.
Step 5
In the case, if your bet is won by the scammer bookie and lost by the regular bookie, you have to repeat the cycle until you get all your funds back. Also if you have stuck more than a 100, you must divide it into smaller chunks. At least from the beginning since bookies set limits to new accounts.
