Degen.com Active

Degen.com Confiscated My Winnings

MA
MaxTher
Created Jul 03, 2026 21:46 Edited Jul 28, 2026 04:00 12 views View on BitcoinTalk
What happened:: I created an account on Degen.com and deposited funds using USDT (ERC20). I only placed regular bets on major League of Legends tournaments, mainly the MSI, using common markets such as total kills and match winner.

After winning several bets, When i try to withdraw Degen.com liquidated all of my winnings, claiming "sports betting abuse." They have not provided any evidence or a specific explanation of what I supposedly did wrong. Instead, they only quoted generic sections of their Terms of Service related to fraud, arbitrage, and betting abuse.

I have never used bots, arbitrage, or any unfair betting strategy.  https://imgur.com/a/vwKXfVt These are the bets I placed.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=3742927 

Reference Link: 
Amount Scammed: 117 USDT
Payment Method: USDT (ERC20)
Proof of Payment: https://etherscan.io/tx/0xa741552711c4753ed3b64a385ae0171b0424870b0b319d3ddd6f9a21f585217a, https://etherscan.io/tx/0xeaa9fd917d7a1aaa59c459b03bc6b6a41696519fbe1b5f6003e7fa539ca9974a, https://etherscan.io/tx/0x5372ff4d28e03a2376b3f274eaba15c07ee76f03b42a2c5a9f004d85658d8d1d 
PM/Chat Logs: https://pastebin.com/jZBMZY9r
Additional Notes: 

Comments (29)

LO
logfiles
Jul 03, 2026 22:41
You should have used other much friendlier image hosting websites like;
1. https://talkimg.com/
2. https://bitlist.co/upload
Imgur gives users of Tor browser and VPNs hard time.

This is the kind of case that is so hard to get resolved here, and you might need to use arbitration from a third party service. They are obviously not going to share all the specifics of their investigation to the public.
RO
rohang
Jul 04, 2026 08:55
As an avid Esports bettor myself i can confirm there is nothing suspicious about those 6 bets

They are all on Tier 1 League of legends tournament with the biggest teams where there is no chance if any fixing etc

Degen representative is pretty active here so i hope they can check and respond

Unless u had more beta you did not show or a multi account, this shouldnt have happened
CO
Cointxz
Jul 04, 2026 10:06
Quote from: rohang on July 04, 2026, 08:55:24 AM
WA
Warkop
Jul 04, 2026 14:29
Quote from: Cointxz on July 04, 2026, 10:06:36 AM
RO
rohang
Jul 04, 2026 10:06
PM logs says his account has been locked by betby, so maybe its because of some other actions done on another sportsbook

Almost every site uses betby nowadays so very difficult to get away from pulling an abuse on one site and then simply switching to another site

I sided with OP in beginning but after seeing the char log more closely, there must be something OP has done and its not the bets shown in the screenshot
MA
MaxTher
Jul 05, 2026 07:45
https://imgur.com/a/MdS85zc That's new, cant win money
TH
The Cryptovator
Jul 05, 2026 07:45
Quote from: MaxTher on July 03, 2026, 09:46:38 PM
MA
Mahdirakib
Jul 05, 2026 12:48
Quote from: MaxTher on July 05, 2026, 07:45:19 AM
DE
degencom
Jul 05, 2026 19:20
Hi all, thanks for the tag, happy to give our side here.

Over the past few weeks we've seen a wave of newly created accounts following the same cycle: deposit, place a specific pattern of sports bets, withdraw, and repeat. We flagged this activity to our sportsbook provider, who reviewed the accounts involved and identified the OP's account as part of this pattern of sportsbook abuse.

We understand it's frustrating not to get a detailed breakdown, but we can't publicly share the specifics of how this type of activity is detected, as doing so would only make it easier to repeat. What we can share are the numbers:

- Only the winnings from the flagged activity were confiscated, which was $108, not the player's deposits.
- In total, the OP deposited $358.50 and withdrew $468.36, meaning they left Degen in overall profit despite the confiscation.

Our goal isn't to punish anyone, it's to stop abuse from continuing. We never want to get in the way of players genuinely enjoying Degen, but once our provider flags an account, we have to act.

The OP is welcome to reach out to our support team if they'd like to discuss their account further.
PX
PX-Z
Jul 05, 2026 19:20
Quote from: Mahdirakib on July 05, 2026, 12:48:17 PM
YA
yahoo62278
Jul 05, 2026 20:21
Quote from: PX-Z on July 05, 2026, 08:04:39 PM
MA
Mahdirakib
Jul 06, 2026 05:05
Quote from: PX-Z on July 05, 2026, 08:04:39 PM
TH
The Cryptovator
Jul 06, 2026 10:12
Quote from: degencom on July 05, 2026, 07:20:56 PM
HO
holydarkness
Jul 06, 2026 16:23
OP, though Degen representative already give their explanation, if you [as well as the overseers here] are not satisfied with the explanation enough, do you mind to escalate it to ContestHunters like what Mahdirakib suggested? It is a new project of a prominent member of this forum, and the dispute page is specifically being watched by me.

Clicking on my signature [below this post] will directly bring you to dispute page. I'll try and give my best to reach and get Degen compliance team to answer there, where evidence and private information can be freely shared.
MA
MaxTher
Jul 06, 2026 19:10
Quote from: degencom on July 05, 2026, 07:20:56 PM
RA
Rating Place
Jul 05, 2026 19:20
Payouts at one sportsbook have nothing to do with payouts from a different book even with the same provider. Each book can customize payouts on value bets. Some may pay in full and limit. The limit at each book can be different. We have to stop allowing sportsbooks to confiscate money because of same provider. Most people don’t check provider. It’s stealing and we have to stop enabling this practice.

The provider can auto limit based on the book’s setting. The provider doesn’t take the money. There have been many cases in the last few months where books went against the provider recommendation.

There is no need for arbitration if books MUST listen to providers.
SH
Shishir99
Jul 06, 2026 19:49
Quote from: Rating Place on July 06, 2026, 07:49:49 PM
RA
Rating Place
Jul 07, 2026 06:25
Quote from: Shishir99 on July 06, 2026, 09:05:34 PM
MA
MaxTher
Jul 06, 2026 21:05
Quote from: Rating Place on July 07, 2026, 06:25:32 AM
SH
Shishir99
Jul 08, 2026 13:05
Quote from: MaxTher on July 08, 2026, 07:51:52 AM
HO
holydarkness
Jul 08, 2026 17:26
Quote from: Shishir99 on July 08, 2026, 01:05:33 PM
SH
Shishir99
Jul 10, 2026 11:53
Quote from: holydarkness on July 08, 2026, 05:26:41 PM
HO
holydarkness
Jul 10, 2026 16:30
Quote from: Shishir99 on July 10, 2026, 11:53:38 AM
MA
MaxTher
Jul 11, 2026 11:02
I suspect the problem lies with Betby's AI, which is flagging false positives; it happened to me again with Bitz.io and confiscated my winnings, and I found someone else with the same issue. https://imgur.com/a/1yiqqtL
HO
holydarkness
Jul 11, 2026 11:02
Quote from: MaxTher on July 11, 2026, 11:02:00 AM
LO
LoyceV
Jul 13, 2026 17:07
Quote from: degencom on July 05, 2026, 07:20:56 PM
DO
Don Pedro Dinero
Jul 05, 2026 19:20
Quote from: LoyceV on Today at 07:57:15 AM
LO
LoyceV
Jul 13, 2026 17:07
Quote from: Don Pedro Dinero on Today at 08:02:36 AM
DO
Don Pedro Dinero
Jul 13, 2026 17:07
Quote from: LoyceV on Today at 08:21:42 AM

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