Money stuck on Ukrainian betting site.

Pages: [1]
Author Topic: Money stuck on Ukrainian betting site.  (Read 542 times)
wc_seeder
Gaining experience
*

Karma: 0
Posts: 2


View Profile

wc_seeder

Money stuck on Ukrainian betting site.
« on: May 26, 2021, 01:19:47 AM »
0

Hey all, I recently started arbing and I used a Ukrainian betting site which allowed deposit without entering personal information but not withdrawal. Since I'm not Ukrainian or have a Ukrainian ID my money is stuck there. I think I'll be fine if I lose the money on it when arb betting but is there a way for this to get sorted?
Logged
alealeale
Pro
****

Karma: 25
Posts: 436


View Profile

alealeale

Re: Money stuck on Ukrainian betting site.
« Reply #1 on: May 26, 2021, 06:35:03 AM »
0

Do you mean that you can't withdraw in any way?
If so, that money (let's say 10) is lost.
If you keep arbing you are not sure to lose 10 there and winning 11 on other bookies
where you can withdraw from.
This way you risk to lose 21 (or even more, if you persevere in arbing using that ukrainian
bookie).
By the way, I hope I've misunderstood.
Logged
risilloch
Has experience
**

Karma: 22
Posts: 122


View Profile

risilloch

Re: Money stuck on Ukrainian betting site.
« Reply #2 on: May 26, 2021, 08:11:48 AM »
0

...
If so, that money (let's say 10) is lost.
...

If you can't withdraw then you have lost the money.
Its a common misconception that you can 'withdraw' money by arbing the 'deposit only' bookie.

What you are actually doing is gambling on the 'honest' bookie and should you win then your winnings cover
the trapped funds at the 'dishonest' bookie. (Should you lose then you are simply increasing the amount of trapped funds)

I would take this as an expensive lesson and move on (also you could simply ask them to return your deposit but
a site that doesn't require registration before playing sounds pretty dodgy to me)

Logged
Wolfie
Pro
****

Karma: 40
Posts: 507



View Profile

Wolfie

Re: Money stuck on Ukrainian betting site.
« Reply #3 on: May 26, 2021, 09:17:06 AM »
0

You can use the account for paper trading to test your value betting strategies.
Logged
wc_seeder
Gaining experience
*

Karma: 0
Posts: 2


View Profile

wc_seeder

Re: Money stuck on Ukrainian betting site.
« Reply #4 on: May 26, 2021, 02:39:58 PM »
0


I would take this as an expensive lesson and move on (also you could simply ask them to return your deposit but
a site that doesn't require registration before playing sounds pretty dodgy to me)

It required an account but it didn't ask for my personal info, it only started asking for it when I wanted to withdraw.
Logged
Pages: [1]
Print

Related Topics

  Subject / Started by Replies Last post
3 Replies
5255 Views
Last post April 18, 2014, 04:36:50 AM
by johnson
0 Replies
3674 Views
Last post October 08, 2012, 09:47:52 AM
by francescosol
3 Replies
18728 Views
Last post September 21, 2013, 05:28:40 PM
by Yngwie/Sawyer
9 Replies
6404 Views
Last post October 10, 2013, 12:49:04 PM
by qbet
9 Replies
3696 Views
Last post February 22, 2014, 12:51:36 PM
by Yngwie/Sawyer
39 Replies
15779 Views
Last post September 26, 2014, 12:37:54 PM
by Peterpal237
4 Replies
4250 Views
Last post September 26, 2014, 09:44:55 PM
by RaidTheBookie.com
2 Replies
2979 Views
Last post September 28, 2014, 01:15:30 PM
by sandman1111
6 Replies
7719 Views
Last post October 21, 2014, 09:19:55 AM
by fnatic91
0 Replies
3271 Views
Last post October 24, 2014, 04:19:11 PM
by GLopez
30 Replies
7397 Views
Last post December 12, 2014, 03:29:23 PM
by M
2 Replies
4089 Views
Last post December 09, 2014, 05:29:59 PM
by Alfons
2 Replies
3275 Views
Last post January 05, 2015, 06:03:43 PM
by fnatic91
9 Replies
4254 Views
Last post February 16, 2015, 04:13:25 PM
by Alfons
2 Replies
4507 Views
Last post March 21, 2015, 12:10:28 PM
by ArbMagnet
4 Replies
4345 Views
Last post June 24, 2015, 06:31:37 AM
by MUCHBET
6 Replies
5156 Views
Last post July 09, 2015, 03:38:30 PM
by sttony
2 Replies
5317 Views
Last post January 22, 2019, 10:58:00 PM
by ilovethisforum
5 Replies
2785 Views
Last post October 16, 2015, 07:56:15 AM
by Rudolpho
5 Replies
3832 Views
Last post November 05, 2015, 01:00:32 PM
by ivo_stoqnov
10 Replies
3928 Views
Last post January 07, 2016, 03:09:53 PM
by Trevorr
8 Replies
2878 Views
Last post January 13, 2016, 02:14:08 PM
by Dentz
9 Replies
4879 Views
Last post July 06, 2016, 02:03:29 PM
by FreelancerStar
14 Replies
4361 Views
Last post January 18, 2016, 11:12:18 PM
by Alfa1234
4 Replies
3009 Views
Last post July 05, 2016, 03:33:26 PM
by water_element
7 Replies
3592 Views
Last post July 21, 2016, 10:20:11 PM
by dealer wins
0 Replies
1666 Views
Last post October 13, 2016, 10:44:02 AM
by rup_verma12
50 Replies
11379 Views
Last post December 27, 2016, 09:45:21 PM
by geomak
8 Replies
3107 Views
Last post December 07, 2016, 04:47:46 PM
by Gamblers Ruin
0 Replies
2170 Views
Last post February 12, 2017, 08:19:34 AM
by svevlad
9 Replies
7861 Views
Last post June 18, 2018, 04:27:22 PM
by ebpastor1
1 Replies
1966 Views
Last post March 05, 2017, 02:41:20 PM
by rup_verma12
3 Replies
1976 Views
Last post March 06, 2017, 04:12:25 PM
by AceJack
0 Replies
2207 Views
Last post June 14, 2017, 10:12:44 PM
by Stelle222
4 Replies
1755 Views
Last post May 12, 2018, 05:48:40 PM
by jazzmonkey
18 Replies
4025 Views
Last post May 24, 2018, 04:39:57 PM
by arbusers
2 Replies
2287 Views
Last post February 06, 2019, 06:47:06 PM
by profitfella
7 Replies
2169 Views
Last post July 25, 2019, 06:18:06 PM
by arbusers
1 Replies
945 Views
Last post March 27, 2020, 03:03:22 PM
by JamesMiller
Mistake money

Started by jagas « 1 2 » Rest Area

22 Replies
2853 Views
Last post October 08, 2020, 04:32:20 PM
by dealer wins
0 Replies
883 Views
Last post May 04, 2020, 02:21:07 PM
by Thorgrimm
Sportmarket froze my money

Started by asterix « 1 2 » Sportmarket

18 Replies
2788 Views
Last post June 08, 2020, 08:17:09 PM
by arbusers
10 Replies
2541 Views
Last post May 01, 2021, 09:20:51 AM
by neopas
3 Replies
1184 Views
Last post July 29, 2020, 08:18:07 AM
by arbusers
7 Replies
1541 Views
Last post November 19, 2020, 10:21:51 PM
by Camma23
4 Replies
1115 Views
Last post October 19, 2020, 01:25:09 AM
by dealer wins
4 Replies
1251 Views
Last post December 16, 2020, 06:12:06 AM
by neopas
24 Replies
3183 Views
Last post March 26, 2021, 05:32:48 PM
by Cozetti
1 Replies
837 Views
Last post June 21, 2021, 09:42:32 PM
by Samael
1 Replies
336 Views
Last post July 02, 2021, 08:51:51 PM
by Calibermonkey