blink182:
This is taking it too far. Companies only do such when they give you bonus not when it is your money.

l3st3r:
I deposit some money into my nairabet account to bet a particular game.My intention was to bet the game and withdraw my money when I win.Luckily for me I won,I place a payout but was surprised to get a reversal(payout declined) after some days.I mailed their email support I was shocked the agent told me I can only withdraw my winnings and not my entire account balance.I asked him if nairabet is some cult one can't leave when he likes,he said that is their rule,cos it seem to me that way cos the only way you are leaving them is when you are bankrupt.I am just letting you guys know so you won't get hoodwinked into nairabet antics.Think twice before you deposit you money into some bookie whose intention is to defraud their customers of their hard earn cash.The next time you think of depositing your money into nairabet ask yourself,am I willing to part ways with this 5,000naira,am I willing to part ways with this 20,000naira,am I willing to part ways with this 50,000naira cos even if you win the best you can get is the profit.Once your money enter their account it is never coming back their T&C makes sure of that.Why would they be treating ones money like is on a bonus account where you can only withdraw your profit and not the capital.Have been using merrybet for some year now and have not ever encounter this problem,I withdraw my profit and capital anytime I want and am sure there are other naija bookies that does not have this fraudulent T&C.Why would one put up with this absolute greed when they are numerous options.THINK TWICE BEFORE YOU DEPOSIT YOUR MONEY INTO NAIRABET.

oyeme1:
Are you saying if for example, i deposit 5000 into my account and i play a game with the entire money and won lets say 10000, does it mean i cant withdraw the whole 10000?

oyeme1:
Are you saying if for example, i deposit 5000 into my account and i play a game with the entire money and won lets say 10000, does it mean i cant withdraw the whole 10000?

stanirems:
its obvious the op didnt read and digest their terms and conditions very well.....if u had, u would knw dat u cannot withdraw any deposit uv made....only ur winnings..
d only way to get ur deposit back is if u stake everything (in parts or whole) on a very sure game..if ur game wins..then d deposit has turned into a winning, which u can then withdraw along with its accrued bonus..

eckersley:


Hi. As much as I sympathize with you, I will b frank as well. Before you put pen[physical or electronic] to paper, always read the relevant T and C. Before signing up to bet9ja and nairabet for a friend[I always subscribe to a data bundle], I printed[and took screenshots of] their T and C. That way, they cannot change it and say some rubbish. Then I took the next couple of days studying and reading them. T and Cs are deliberately lengthily worded to cover every loophole and, most importantly, to discourage you from going thru the entire fine print.
My guy later got me to open a winnersgoldenbet acc for him. You won't believe it. When I checked they had no T AND C as of last year. They hastily drafted and uploaded one just about 3weeks ago. And its not as elaborate and comprehensive as the others.
I saw this same point you are complaining of.
SO NAIRABET DIDN'T DEFRAUD YOU and do not try to convey that impression to us. You could be sued for that[so don't state your bet username, if you want to continue doing so].
My advice to you is this. Withdraw your winnings. And keep playing.

l3st3r:
where in my post did I mentioned nairabet defrauded me.I just send their T&C is fraudulent cos most pple don't read T&C before they sign up online, how many people do you think actually read lengthy T&C online before they sign up with site,even you that is typing dis don't tell me the first time you signed up for [b]nairabet [/b]you read their T&C.my aim of posting this on nairaland is to let pple have awareness of this their T&C so they don't fall victim since there are other options.

oyeme1:
Are you saying if for example, i deposit 5000 into my account and i play a game with the entire money and won lets say 10000, does it mean i cant withdraw the whole 10000?

l3st3r:
where in my post did I mentioned nairabet defrauded me.I just send their T&C is fraudulent cos most pple don't read T&C before they sign up online, how many people do you think actually read lengthy T&C online before they sign up with site,even you that is typing dis don't tell me the first time you signed up for nairabet you read their T&C.my aim of posting this on nairaland is to let pple have awareness of this their T&C so they don't fall victim since there are other options.

eckersley:


Hi bro. Don't be paranoid abt this nor take it personal. Take a look at the bolded text in ur msg and go back to re-read my post. I NOT ONLY READ, BUT STUDIED d entire nairabet and bet9ja T n C before opening on behalf of ANOTHER PERSON. This my friend has been playing in bet shops but didn't even know that the market he usu goes for is for 90minutes. Nor that yellow/red cards given to coaches or anyone outside the pitch/on the bench do not count. I enlightened him after reading the T and C.

Take facebook as an example. Even after you've deleted you account, they hv the right to everytn u ever typed and uploaded[images] from the very day u signed up. It's all stored in their servers. I'm not on facebk but know this.
Na money and privacy matter we dey talk and these r very weighty issues. Will I signup to FB sometime? I dunno. But shd I, I will endeavour to print and read their ENTIRE T and C before doing so.
That's how I roll. Dunno abt u

l3st3r:
I hear you MR.ITK,everybody is a superman on the internet.

akinalabi:
If you deposit 10k and win 15k for example, you can withdraw the entire 15k.

Here is where we have restrictions. . .

Assuming you deposited 10k and you bet with N200 and won N250, you won't be able to withdraw the entire N10,250 because it will raise a red flag. Why deposit an amount you won't bet with and then withdraw immediately? We will wonder why?

Did the customer use another person's card to deposit?

Is there a sort of laundering taking place?

We will ask questions. . . To protect YOU.

Meanwhile, you did not even state your username so we can take a look for you.

Your money is safe with us.

Thank you for using

akinalabi:
If you deposit 10k and win 15k for example, you can withdraw the entire 15k.

Here is where we have restrictions. . .

Assuming you deposited 10k and you bet with N200 and won N250, you won't be able to withdraw the entire N10,250 because it will raise a red flag. Why deposit an amount you won't bet with and then withdraw immediately? We will wonder why?

Did the customer use another person's card to deposit?

Is there a sort of laundering taking place?

We will ask questions. . . To protect YOU.

Meanwhile, you did not even state your username so we can take a look for you.

Your money is safe with us.

Thank you for using

akinalabi:
If you deposit 10k and win 15k for example, you can withdraw the entire 15k.

Here is where we have restrictions. . .

Assuming you deposited 10k and you bet with N200 and won N250, you won't be able to withdraw the entire N10,250 because it will raise a red flag. Why deposit an amount you won't bet with and then withdraw immediately? We will wonder why?

Did the customer use another person's card to deposit?

Is there a sort of laundering taking place?

We will ask questions. . . To protect YOU.

Meanwhile, you did not even state your username so we can take a look for you.

Your money is safe with us.

Thank you for using

akinalabi:
If you deposit 10k and win 15k for example, you can withdraw the entire 15k.

Here is where we have restrictions. . .

Assuming you deposited 10k and you bet with N200 and won N250, you won't be able to withdraw the entire N10,250 because it will raise a red flag. Why deposit an amount you won't bet with and then withdraw immediately? We will wonder why?

Did the customer use another person's card to deposit?

Is there a sort of laundering taking place?

We will ask questions. . . To protect YOU.

Meanwhile, you did not even state your username so we can take a look for you.

Your money is safe with us.

Thank you for using

l3st3r:
forget about that you are explaining I bet my entire bankroll,u still didn't allow me withdraw.I talk to your agents several times,they stood their ground that they I can't withdraw the money I deposited.What I will advice you guys is prevention is better than cure,when you would be arguing with their agent,akinalabi is not going to be there.

goldenval:


Hello Sir,
I think this makes sense because I so much love Nairabet because of the bonus they are given from small odds to big odds , anyway, if I wanted to deposit like 20k and I managed to grow the money to 50k, I my allowed to withdraw the whole 50k? Why am asking this because, I want to deposit 20k for this coming weekend games as I normally stake high.

Thanks

l3st3r:
forget about that you are explaining I bet my entire bankroll,u still didn't allow me withdraw.I talk to your agents several times,they stood their ground that they I can't withdraw the money I deposited.What I will advice you guys is prevention is better than cure,when you would be arguing with their agent,akinalabi is not going to be there.

l3st3r:
I deposit some money into my nairabet account to bet a particular game.My intention was to bet the game and withdraw my money when I win.Luckily for me I won,I place a payout but was surprised to get a reversal(payout declined) after some days.I mailed their email support I was shocked the agent told me I can only withdraw my winnings and not my entire account balance.I asked him if nairabet is some cult one can't leave when he likes,he said that is their rule,cos it seem to me that way cos the only way you are leaving them is when you are bankrupt.I am just letting you guys know so you won't get hoodwinked into nairabet antics.Think twice before you deposit you money into some bookie whose intention is to defraud their customers of their hard earn cash.The next time you think of depositing your money into nairabet ask yourself,am I willing to part ways with this 5,000naira,am I willing to part ways with this 20,000naira,am I willing to part ways with this 50,000naira cos even if you win the best you can get is the profit.Once your money enter their account it is never coming back their T&C makes sure of that.Why would they be treating ones money like is on a bonus account where you can only withdraw your profit and not the capital.Have been using merrybet for some year now and have not ever encounter this problem,I withdraw my profit and capital anytime I want and am sure there are other naija bookies that does not have this fraudulent T&C.Why would one put up with this absolute greed when they are numerous options.THINK TWICE BEFORE YOU DEPOSIT YOUR MONEY INTO NAIRABET.

akinalabi:
I'm still waiting for your username bros so I can help you take a look.

Thanks.