1. #1
    thehun
    thehun's Avatar Become A Pro!
    Join Date: 10-18-11
    Posts: 20
    Betpoints: 114

    Beware of Oddsring

    I made a deposit of 130€ with this sportsbook, looking forward to place a certain bet. When I tried to place the bet, I got a message in the last second saying the odds had changed. I tried afterwards to bet on several other events, about 10 DIFFERENT ONES, and in EVERY SINGLE CASE they modified the odds (in their favor) sharply in the last second.

    Feeling scammed, I decided not t place any bet and request a withdrawal from my account. However, it was cancelled and I received the following message from their support team, talking lots of money laundering BS (when the money would have gone to the same account) and even threatening to forfeit my funds:

    ---------------

    Dear Oddsring customer,We hope this e-mail finds you well.We regret to inform you that your current withdrawal request has been declined and the funds have been returned to your account's balance.We would like to bring to your attention that the game play on your account is not sufficient for your withdrawal to be processed. Kindly use the whole amount deposited to your player account on our products in order to be able to withdraw your funds safely.

    Please note that depositing funds and then requesting their withdrawal with no or low gaming activity is perceived as possible money laundering or manipulating with fraudulently obtained funds. Furthermore, wagering deposited funds on very low odds may be also considered an activity linked to possible money laundering and treated as such. This kind of activity may eventually result in your account being frozen and funds forfeited.

    This measure is taken in accordance with our Anti Money Laundering Policy which can be found and reviewed at
    https://www.oddsring.com/terms#6.We apologize for any inconvenience caused and thank you for your understanding.--

    Should you have any queries please feel free to contact us.

  2. #2
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,795
    Betpoints: 9194

    It is normal to be required to wager at least the deposit amount before withdrawing.

    But I understand why you want to withdraw without playing.

    I'd just place the required bets and get out.

    If you continue to have trouble getting paid feel free to submit a complaint form. http://www.sportsbookreview.com/sportsbook-complaint/

  3. #3
    the_orangekat
    the_orangekat's Avatar Become A Pro!
    Join Date: 12-08-07
    Posts: 1,267
    Betpoints: 48

    I thought I was the only one who had every single line move against me when placing bets. This happened at a couple other outlets but makes you wonder.

  4. #4
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,795
    Betpoints: 9194

    Quote Originally Posted by thehun View Post
    I made a deposit of 130€ with this sportsbook, looking forward to place a certain bet. When I tried to place the bet, I got a message in the last second saying the odds had changed. I tried afterwards to bet on several other events, about 10 DIFFERENT ONES, and in EVERY SINGLE CASE they modified the odds (in their favor) sharply in the last second.

    Feeling scammed, I decided not t place any bet and request a withdrawal from my account. However, it was cancelled and I received the following message from their support team, talking lots of money laundering BS (when the money would have gone to the same account) and even threatening to forfeit my funds:

    ---------------

    Dear Oddsring customer,We hope this e-mail finds you well.We regret to inform you that your current withdrawal request has been declined and the funds have been returned to your account's balance.We would like to bring to your attention that the game play on your account is not sufficient for your withdrawal to be processed. Kindly use the whole amount deposited to your player account on our products in order to be able to withdraw your funds safely.

    Please note that depositing funds and then requesting their withdrawal with no or low gaming activity is perceived as possible money laundering or manipulating with fraudulently obtained funds. Furthermore, wagering deposited funds on very low odds may be also considered an activity linked to possible money laundering and treated as such. This kind of activity may eventually result in your account being frozen and funds forfeited.

    This measure is taken in accordance with our Anti Money Laundering Policy which can be found and reviewed at
    https://www.oddsring.com/terms#6.We apologize for any inconvenience caused and thank you for your understanding.--

    Should you have any queries please feel free to contact us.
    Oddsring say they are happy to allow you to withdraw in these circumstances and would like you to contact them to make sure you have been looked after properly.

    I've PMed you an email address.

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