LSbet Sportsbook Complaint: $5,000 in Winnings Confiscated
An LSbet Sportsbook player has claimed that approximately $5,000 in winnings were confiscated from his betting account following a conference via Skype.
The player claimed that he was asked a series of questions by the online sportsbook pertaining to the markets and sports leagues he wagered in accumulating the balance.
When asked about the type of bet known as an Asian handicap, the player claimed that he 'improvised' an answer to avoid acknowledging engaging in arbitrage wagering where he would bet one side at LSbet at favorable odds to break even or guarantee a profit at another sportsbook.
Betting sites typically do not want to extend bonuses to players who look to poke holes through their sportsbook lines by only betting with the best of it, however, after not giving a satisfactory answer in the eyes of LSbet, the decision was made to confiscate the player's entire balance.
Sportsbook Review has asked LSbet for comment.
LSbet is a D+ rated betting site in the online sportsbooks rating guide. Players are advised to limit their transactions to well-rated sportsbooks to avoid hassle when it comes to withdraw their profit.