WAGERSTREET WILL CONFISCATE YOUR FUNDS!! DO NOT USE!!

[mr.sokol.math]

DO NOT USE WAGERSTREET!!!!!!
They confiscated over SEVEN THOUSAND DOLLARS!!

I had been using them for two months, received payouts previously, verified my identity with them, etc. All of a sudden they closed my account and said they were KEEPING ALL MY FUNDS. $7,149,79!!! (Including the remaining amounts of my deposits)

When I pressed for a reason, they said they had problems with the fact that I was mostly placing player prop bets. They tried to call that dishonorable for some reason. But they clearly just didn't want to give me my winnings.

DO NOT USE WAGERSTREET! IF YOU WIN MONEY WITH THEM, THEY'LL KEEP YOUR FUNDS!!!!

 

[phillyflyers]

DO NOT USE WAGERSTREET!!!!!!
They confiscated over SEVEN THOUSAND DOLLARS!!

I had been using them for two months, received payouts previously, verified my identity with them, etc. All of a sudden they closed my account and said they were KEEPING ALL MY FUNDS. $7,149,79!!! (Including the remaining amounts of my deposits)

When I pressed for a reason, they said they had problems with the fact that I was mostly placing player prop bets. They tried to call that dishonorable for some reason. But they clearly just didn't want to give me my winnings.

DO NOT USE WAGERSTREET! IF YOU WIN MONEY WITH THEM, THEY'LL KEEP YOUR FUNDS!!!!

That's fukkin crazy. Sorry to hear that, bro.

 

[titan]

There's a discussion on how this is unfair and there are certainly other ways to handle situations from the books' end of it but there's fair and there's what is reality. (It's the books' responsibility to handle risk management in their system before they are exploited but we are in new territory still and they don't have an army of traders and AI systems to combat this quickly that Flutter and DK will)

I'm assuming this was PropBuilder action. This is one question every person that uses PropBuilder needs to ask themselves. If they can get more than $25 down on a bet and they are mostly just firing on PB and not much else, especially live and if all of this is true and you haven't been cut off or limited long before you hit 5K. The question would be if this is a book that's going to payout or not, chances are, no.

BetOnline/SBAG no longer services Live NBA Props and most other books will pull PB from your profile or hit you with $10 limits. The people that ask here and in Discords to "please list sites with PropBuilder" are still trying to find ways around this like some silver bullet exists. It doesn't, not any more. The OddsJam secret is not a secret anymore.

Now, I love the prop market but I understand the limitations, especially domestically, where they'll cut us off at the knees within days and set $2 limits. The answer to this will be Exchanges and the liquidity moving over there so we can get fair and legit action down.

 

[flyingillini]

Sorry to hear, it is best to play at more reputable books. Sorry to say that any book can screw any player if they want. If you have the ability to play in your state, I advise you you to do so. Your funds are safer than any offshore book.