BetWay - #1 Scam Website — SCAMMED 275K

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  • igotscammed
    SBR Rookie
    • 08-22-21
    • 6

    #1
    BetWay - #1 Scam Website — SCAMMED 275K
    I started using Betway regularly on the 17th of July. Before using them regularly I confirmed with the live chat that I will not have any issues down the road, my account is in good standing etc. They confirmed this. So I started betting and winning on UFC, MLB, Tennis, Olympics. I built my account up to just under 275K. Upon trying to cash out, Betway requested proof of ID, and address. I submitted both and they were accepted. They also ran a “Source of funds check” on my account which I fully complied with and provided everything asked of me... This process took about two weeks of going back and forth over email, and after that I was told by my account manager that she is sending everything off for “final review and sign off”. A week later Betway contacted me and told me that my account is closed and will remain closed due to a “management decision”. I have done nothing wrong and complied with everything that was asked from me. I have every chat logged as well as all emails saved.

    I urge everybody not to use this website as it’s one huge scam, and if I will not get paid the least I can do is raise public awareness.
  • Alfie White
    SBR Wise Guy
    • 09-02-17
    • 680

    #2
    Where are you located? What was the total amount of deposits you have made there? What have you been wagering on? Can you share the list of bets?

    If you are from UK, then contacting UKGC would be your call, otherwise you need to contact MGA.

    If your case is crystal clear as you describe it to be, it shouldn't be too much of a problem to get UKGC/MGA to help you on this one.
    Comment
    • lonnie55
      SBR MVP
      • 04-08-16
      • 2689

      #3
      Originally posted by igotscammed
      Before using them regularly I confirmed with the live chat that I will not have any issues down the road, my account is in good standing etc.
      Why would anyone do this?

      Did you make screenshots of your bet history before they closed your account?

      Anyway, you say you got scammed 275k but it looks to me that they just make a final review.
      Comment
      • Poisec
        SBR MVP
        • 07-22-18
        • 1215

        #4
        "Management decision" usually means you are a winner and we kick you out, right?

        275k is a big amount for any bookmaker.
        Comment
        • luckylefty73
          SBR Hustler
          • 06-15-21
          • 61

          #5
          WTF
          Comment
          • Optional
            Administrator
            • 06-10-10
            • 60633

            #6
            Did they give any reason to justify not paying you?

            Did they pay out anything at all to you since joining?
            .
            Comment
            • Sea Turtle
              SBR Sharp
              • 06-14-21
              • 254

              #7
              Guy drops a couple thousand in and runs it to 275k and wonders what happened lol
              Comment
              • igotscammed
                SBR Rookie
                • 08-22-21
                • 6

                #8
                They did not give me any reason, just said a management decision.

                I’m from Canada, I have filed an ADR through e-Cogra as I was instructed to do so by the MGA.

                In total I deposited 9000.
                Comment
                • Sea Turtle
                  SBR Sharp
                  • 06-14-21
                  • 254

                  #9
                  So you deposit 9k in July and turn it into 275k and never thought of trying to withdraw before to test the waters.

                  Seems legit!!!
                  Comment
                  • igotscammed
                    SBR Rookie
                    • 08-22-21
                    • 6

                    #10
                    Originally posted by Sea Turtle
                    So you deposit 9k in July and turn it into 275k and never thought of trying to withdraw before to test the waters.

                    Seems legit!!!
                    I mean you can call it what you want to and you can side with the sportsbook. I hit a big parlay and that’s what put the majority of it in my account.

                    Sad part is if I put on $1000 a day and lost every day end of the year I will be out 365k they won’t hesitate taking your money, but closed my account due to a “management decision”

                    I’m not the only one saying betway is a scam, so please do your research before jumping to conclusions. Thank you
                    Comment
                    • jtoler
                      BARRELED IN @ SBR!
                      • 12-17-13
                      • 30967

                      #11
                      if u say u won 2k they say the book isnt trying to steal your measely 2k if u say 275k they imply it must be ill-gotten gains u just cant win
                      Comment
                      • Sea Turtle
                        SBR Sharp
                        • 06-14-21
                        • 254

                        #12
                        None of what you say makes an ounce of sense.

                        If you know they had problems why would you deposit there?

                        It seems from your first post where you say when you opened the account you asked a live chat clerk "Before using them regularly I confirmed with the live chat that I will not have any issues down the road, my account is in good standing etc. "

                        You were already anticipating there would be a problem OR you werent sure if they were a good book. Either way why wouldnt you research it before your deposit with outside sources rather then there live chat lol.

                        And its doubtful they took a parlay big enough for you to run 9k into 275k so just please with this story...




                        Comment
                        • igotscammed
                          SBR Rookie
                          • 08-22-21
                          • 6

                          #13
                          Originally posted by jtoler
                          if u say u won 2k they say the book isnt trying to steal your measely 2k if u say 275k they imply it must be ill-gotten gains u just cant win
                          That’s exactly it.
                          Comment
                          • igotscammed
                            SBR Rookie
                            • 08-22-21
                            • 6

                            #14
                            Originally posted by Sea Turtle
                            None of what you say makes an ounce of sense.

                            If you know they had problems why would you deposit there?

                            It seems from your first post where you say when you opened the account you asked a live chat clerk "Before using them regularly I confirmed with the live chat that I will not have any issues down the road, my account is in good standing etc. "

                            You were already anticipating there would be a problem OR you werent sure if they were a good book. Either way why wouldnt you research it before your deposit with outside sources rather then there live chat lol.

                            And its doubtful they took a parlay big enough for you to run 9k into 275k so just please with this story...




                            This will be my last response to you as this thread is not about going back and forth with you.

                            I asked if my account was good to bet on and won’t have any issues down the road because I’ve seen a lot of people complain that the book didn’t pay out because of duped accounts, matching names, geolocation issues etc. So I went on the live chat before making it my main book to clarify from them that I will not have any issues down the road. So “please with this story”
                            Comment
                            • Mugsy777
                              SBR Sharp
                              • 08-26-20
                              • 429

                              #15
                              another shot taker , it never ends
                              Comment
                              • Optional
                                Administrator
                                • 06-10-10
                                • 60633

                                #16
                                Originally posted by igotscammed
                                They did not give me any reason, just said a management decision.

                                I’m from Canada, I have filed an ADR through e-Cogra as I was instructed to do so by the MGA.

                                In total I deposited 9000.
                                I guess they think you know why and they don't want to give you any clues about what they or not.

                                But just saying management decision to confiscate a quarter million balance is ridiculous.

                                And no reasonable book would also take your deposit if they also did not want to explain too much.

                                I'd suggest sending in an SBR complaint form but am sure they will decline to discuss if the official ADR is looking at it already.


                                I hope eCogra can get some answers for you. Please keep us updated? I'd like to hear how they handle a thorny one like this.
                                .
                                Comment
                                • igotscammed
                                  SBR Rookie
                                  • 08-22-21
                                  • 6

                                  #17
                                  Originally posted by Optional
                                  I guess they think you know why and they don't want to give you any clues about what they or not.

                                  But just saying management decision to confiscate a quarter million balance is ridiculous.

                                  And no reasonable book would also take your deposit if they also did not want to explain too much.

                                  I'd suggest sending in an SBR complaint form but am sure they will decline to discuss if the official ADR is looking at it already.


                                  I hope eCogra can get some answers for you. Please keep us updated? I'd like to hear how they handle a thorny one like this.

                                  I will as soon as they update me on what’s going on. It’s been about 10 days already since I filed through eCogra
                                  Comment
                                  • WillH
                                    SBR Rookie
                                    • 11-29-17
                                    • 1

                                    #18
                                    Were you able to resolve this issue? I'm having a similar issue with Betway, albeit for a significantly smaller account. I am also from ​Canada
                                    Comment
                                    • Shifty
                                      SBR Wise Guy
                                      • 08-10-08
                                      • 558

                                      #19
                                      This book is licensed in NJ so they have the money. Same lines as DraftKings. I had a bad experience with them too. Played there for about 2 weeks. Won most of my bets and got limited to $20 across the board. I passed their KYC check and cashed out. Took a few days to collect.
                                      Comment
                                      • Optional
                                        Administrator
                                        • 06-10-10
                                        • 60633

                                        #20
                                        Just had another case where Betway shut down operations in their euro country and failed to remit the players balance.

                                        Took a few weeks of annoying back n forth but they finally just paid that person.

                                        Not sure if they are slow on purpose or just disorganized.
                                        .
                                        Comment
                                        • newton0038
                                          SBR MVP
                                          • 03-07-07
                                          • 2366

                                          #21
                                          I started using them back in October. Nothing large under $200 deposit, took out $450. Mind you they leave any withdraw in limbo just incase you want to reverse it... fukoff thats a withdraw deterrent. Took 4 days to get my cash Gigdat Interac transfer. These interac transfers take less than a minute, yet takes near a week to receive your withdraw...fukoff.

                                          Hit Pittsburg@Calgary draw +275 last night as well a hefty KHL winner +250. Will see how my next ( hopefully) withdraw goes.
                                          Comment
                                          • Craig22
                                            SBR Sharp
                                            • 01-14-16
                                            • 369

                                            #22
                                            Originally posted by igotscammed
                                            I started using Betway regularly on the 17th of July. Before using them regularly I confirmed with the live chat that I will not have any issues down the road, my account is in good standing etc. They confirmed this. So I started betting and winning on UFC, MLB, Tennis, Olympics. I built my account up to just under 275K. Upon trying to cash out, Betway requested proof of ID, and address. I submitted both and they were accepted. They also ran a “Source of funds check” on my account which I fully complied with and provided everything asked of me... This process took about two weeks of going back and forth over email, and after that I was told by my account manager that she is sending everything off for “final review and sign off”. A week later Betway contacted me and told me that my account is closed and will remain closed due to a “management decision”. I have done nothing wrong and complied with everything that was asked from me. I have every chat logged as well as all emails saved.

                                            I urge everybody not to use this website as it’s one huge scam, and if I will not get paid the least I can do is raise public awareness.
                                            Where are you located?
                                            Comment
                                            • newb101
                                              SBR Rookie
                                              • 11-30-16
                                              • 21

                                              #23
                                              I used BetWay before they limited me, cashed out around 7-8k with no issues.
                                              Comment
                                              • King_Suckerman
                                                SBR Wise Guy
                                                • 04-12-09
                                                • 945

                                                #24
                                                Originally posted by Craig22
                                                Where are you located?
                                                Someone else asked the same....he's in Canada
                                                Comment
                                                • Craig22
                                                  SBR Sharp
                                                  • 01-14-16
                                                  • 369

                                                  #25
                                                  Originally posted by King_Suckerman
                                                  Someone else asked the same....he's in Canada
                                                  Company is based in pro-business tax havens around the world. He can try suing in Canada, and getting a judgement enforced in the UK if they have assets there since they have a gambling license, but that might be his best bet.

                                                  Not sure how it is, but I feel like a lot of these gambling regulatory bodies are funded by the casinos themselves.
                                                  Comment
                                                  • winz
                                                    SBR Wise Guy
                                                    • 11-19-12
                                                    • 537

                                                    #26
                                                    Kool G Rap said it best..."gambling spots, just a poor mans jackpot, you're winning a lot you get shot"
                                                    Comment
                                                    • GigaOuts
                                                      SBR Wise Guy
                                                      • 01-02-12
                                                      • 527

                                                      #27
                                                      This story make me vomit, I feel like killing head of Betway if they take 10g from me. I only want few hundreds and they limit me to peanuts .... In hindsight, I like to thank you Betway for not stealing my money.
                                                      Comment
                                                      • WireWire
                                                        SBR Wise Guy
                                                        • 02-02-21
                                                        • 942

                                                        #28
                                                        Worried about raising awareness after quarter of a milly was just stolen from you? Lol, I wouldn't be able to see straight if that was my money.
                                                        Comment
                                                        • Optional
                                                          Administrator
                                                          • 06-10-10
                                                          • 60633

                                                          #29
                                                          Originally posted by Craig22
                                                          Company is based in pro-business tax havens around the world. He can try suing in Canada, and getting a judgement enforced in the UK if they have assets there since they have a gambling license, but that might be his best bet.

                                                          Not sure how it is, but I feel like a lot of these gambling regulatory bodies are funded by the casinos themselves.
                                                          This is true indirectly. The license fees pay for the regulator.

                                                          But the main difficulty trying to take court action is that in many cases the court defers jurisdiction to the regulator and will not address any technical arguments about betting or KYC procedures. Only if the sportsbook offends the common law.
                                                          .
                                                          Comment
                                                          • newton0038
                                                            SBR MVP
                                                            • 03-07-07
                                                            • 2366

                                                            #30
                                                            Took Betway around 2 hours to grade my 2 NCAA live draw wagers last night. Then the crooked fuks graded them as losses. Only $10 on each but at odds of +975 (Boise vs St Louis and +1050 Wake Forest vs Northwestern.
                                                            Comment
                                                            • GigaOuts
                                                              SBR Wise Guy
                                                              • 01-02-12
                                                              • 527

                                                              #31
                                                              I got nothing to add, I just want to keep this thread on top to call out SCAM books.

                                                              I have almost 20 years online gambling, this is the site have not steal from me and no run around
                                                              Sports Interaction
                                                              Pinnacle
                                                              Betonline
                                                              5dimes.
                                                              Comment
                                                              • ThaWoj
                                                                SBR Hall of Famer
                                                                • 03-09-10
                                                                • 6741

                                                                #32
                                                                Originally posted by Optional
                                                                Just had another case where Betway shut down operations in their euro country and failed to remit the players balance.

                                                                Took a few weeks of annoying back n forth but they finally just paid that person.

                                                                Not sure if they are slow on purpose or just disorganized.
                                                                so they paid this dude 275k or thats someone else??
                                                                Comment
                                                                • Optional
                                                                  Administrator
                                                                  • 06-10-10
                                                                  • 60633

                                                                  #33
                                                                  Originally posted by ThaWoj

                                                                  so they paid this dude 275k or thats someone else??
                                                                  Someone else and much less.
                                                                  .
                                                                  Comment
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