▲ 862 r/Coinbase+1 crossposts

Coinbase closed my account with $900,000+ still inside

Coinbase restricted my account with over $900,000 in it because I couldn’t provide enough “source of funds/source of wealth” documents.

Most of the money came from offshore sportsbook winnings. I showed them proof of my deposits, bets, and withdrawals, but these sportsbooks don’t exactly give you official documents showing years of betting history.

At this point, I don’t even care about keeping my Coinbase account. Close it.

Just let me withdraw my $900,000.

reddit.com
u/Tricky_Werewolf_1954 — 11 days ago

Over 727k frozen

I have an offshore sportsbook/casino account that has been frozen for a little over a year with 700k inside. Basically I did a combination of soccer, tennis, and esports bets and started with a 23k deposit. When I tried to withdraw it went through as it normally would but instead of showing as “transferred”, it was refunded. When I contacted support they said I needed to verify my account again and upload proof of funds. I provided everything they asked, then they accused me of betting on suspicious events that were later investigated and determined to be fixed. None of the bets I placed to my knowledge were fixed and I have been unable to find any news about it online. All I was doing at the time was looking at line movement and following a friends betting advice. Surely if players were rigging games there would be an article or two about it online.

For this specific account they did let me withdraw the deposit amount but I’m not satisfied with that. If anyone has experience with this kind of stuff, let me know. I’ve tried threatening to sue them, social media pressure, nothing seems to work. They make billions in profit every year. Anyone who helps me get this withdrawal will get to keep 10% of it.

I am also wondering if anyone knows how to avoid accounts getting frozen in the future. Every account I run up either gets limited or frozen within a month.

u/Tricky_Werewolf_1954 — 2 months ago

$171M wagered, $10M profit

That’s how much I’d be up if Stake didn’t confiscate nearly $5M from me over the last 2-3 years. Enough is enough, over $1M confiscated in the last 3 months alone.

Won a legitimate parlay with an NBA game as my final leg, but they go all the way back to my initial 40k bet on Ukrainian soccer? Saying it was rigged? Payout was over 100k. If that’s the case, sure take the 100k, what about the other 900k?

Don’t use offshores people. I’m sure there are people using offshore exchanges too, avoid those! When you win big they always find a way to confiscate. Even licensed casinos seem to be shady, oh you won a $1,000,000 jackpot? The machine malfunctioned! No payout.

u/Tricky_Werewolf_1954 — 2 months ago

POTD

Brann have had over 2.5 goals in 17 of their last 18 matches. I am 14-0 in lifetime bets involving Brann. I asked the owners to let me bet $1,000,000 and they said no. Do yourself a favour and bet the over if you like money.

u/Tricky_Werewolf_1954 — 2 months ago

1 leg away from nearly $1M

If you know me you know I’m not cashing out. But what would you do?

Knicks have won 8 straight games and they’ve covered the spread in 7 of their last 8 where they were the fav in all 8. Cavs have struggled on the road in these Playoffs and the Knicks are surely locked in after showing signs of rust in game 1. Go Knicks!

u/Tricky_Werewolf_1954 — 5 months ago

Buying all offshore sportsbook accounts

I’m sure there are plenty of gamblers and sports bettors in here who have lost substantial amounts. I need offshore sportsbook accounts like Stake that have big net losses and big sports bet limits, specifically for soccer. Most importantly I need verified accounts. Diamond accounts are preferred but I’ll take plat 3 and above.

Need video proof of everything and will use an escrow or middleman to get it done.

reddit.com
u/Tricky_Werewolf_1954 — 5 months ago
▲ 203 r/gambling+1 crossposts

I’ve done it again, let’s see if they pay me this time

Going to request smaller increments this time. Or should I just withdraw the full amount? They’ve already confiscated millions from me, this time I did it fair and square, and they can’t accuse me of rigging La Liga and the NHL, can they? Stay tuned folks.

u/Tricky_Werewolf_1954 — 5 months ago

Whether you’re a casino gambler or a sports bettor using advantage play methods, it’s a LOSE/LOSE!

They will take all of your deposits, doesn’t matter the amount. As long as you’re losing, they’ll take all your money. If you’re a losing sports bettor, they’ll up your limits. The moment you win big, no matter how you did it, they start delaying withdrawals, freezing funds, or often times in my case, straight up locking me out of my account. These crooks are evil. Their games aren’t even fair! If you’re going to gamble, do it at a real casino. Or if you’re going to gamble online, at least use a regulated site in your jurisdiction so that you’re protected.

If an offshore decides, FOR WHATEVER REASON not to pay you, YOU ARE SCREWED! Good luck suing a site licensed in Curaçao! I’ve had millions confiscated, fortunately I was able to withdraw a decent amount across multiple books over the years. But I got lucky. Things have gotten much worse in recent years. Do not trust these scumbags!

u/Tricky_Werewolf_1954 — 5 months ago

I’ve tried every form of advantage sports betting. Arbing, +EV betting, courtsiding. I’ve built models, I’ve bet on suspicious lines (fixed matches). Everything.

In the end, no matter what I did, I always ended up getting screwed over. I’ve been limited or banned from every legal sportsbook in my state. I’m not even allowed to play the lottery. Tried every offshore possible, same result. Millions of dollars confiscated, last month they confiscated another $700,000 USD. Worst part is there’s no recourse, these sites are licensed in Curaçao and not legal in the USA or most of Canada.

I’m done, I give up. Time to dump the rest of my bankroll into an ETF and quit sports betting once and for all.

u/Tricky_Werewolf_1954 — 5 months ago

This applies to any form of advantage betting, whether it’s courtsiding, arbing, +EV betting, whatever. Offshore books will gladly take your bets at first. No issues depositing, no issues placing bets, everything feels normal.

It’s all fun and games until you win big. All of a sudden your withdrawals get delayed, funds frozen, support starts asking for documents that don’t make sense, even though you’re already verified. Once you hit that point, it’s over. You can’t convince them to pay you. Doesn’t matter if you found a suspicious or bad line and hammered it. Doesn’t matter if you’re at a live game and the lines are slow to update, doesn’t matter if you got info that a match was fixed. They don’t care how you did it, you’re not getting paid.

The worst part? You don’t have any recourse. Most of these sites are licensed in Curaçao, so if something goes wrong you’re not protected the way you would be with a regulated book. Stick to regulated books people!!!

u/Tricky_Werewolf_1954 — 5 months ago

Started with 4k a little over a year ago. Was up 3M for a while but the rest of it was confiscated before I could cash out. Met a shady Turkish and Russian dude on a sports betting forum and have since bet on everything from Ukrainian table tennis to division 2 Romanian soccer. Last month I finally got banned from every legal Sportsbook in my state and even the offshores caught on. No regrets. If anyone knows any good private bookies let me know hahaha.

u/Tricky_Werewolf_1954 — 6 months ago

Where can I bet big on Iceland soccer for example? I’d like to bet 6 figures on an Iceland soccer match which starts in an hour the odds are only 1.60 but I’m limited to less than 1k on all my sites. I’ve already checked all legal and offshore I need a private bookie willing to accept this action I previously used stake but they limited me

u/Tricky_Werewolf_1954 — 6 months ago