Look out at DAFABET

31 December 2016
tenisinsig

Player
german

Don't know why I can't write in initial post so Im starting discussion one more time:

Initial post:

Quote:
I deposited money and win some. On chat I was ensure that the fee don't apply to me so I demand a withdrawal. Of course 2,5% fee was charged lol.

From a quite long experience with dafabet:
-they have been change their policy since some months
-they limit winning players by charging fee 2,5% during cash out
-they have the worst sports odds from "asians"
-they have the worst money limits on bets from "asians"
-their support is incompetent (yes I have some talks with them on chat and by phone)
-their support is laying (I have print screens)
-they suck in much more aspects

DAFABET is not an asian as a lot people think since some months they are just a typical EURObook.

So please be carefull when u want to deposit money to dafabet becouse if u are a winner u will get 2,5% less on ur account.

Last quincunx post:

Quote:
Okay,tenisinsig,if what you say is true then they are charging a fee when they should not be - but that is not quite the same as limiting winning players - because you could roll up your winnings and only pay the fee on withdrawals - even though that is still not good.

The charging this fee even if u made roll up so it's just limiting winnig players.

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02 January 2017
quincunx

Citizen
Edgware,Middlesex,UK

TBF,tenisinsig,that 2.5 % withdrawal fee is about what E-wallets deduct from the deposits that you make with bookies.Most bookies choose to absorb those deductions through their profit margins on bets - which is why they charge punters who withdraw money that they haven't bet.Assuming that what you say is true,Dafabet have decided not to.
This issue flared up a while ago when Skrill started refunding punters a portion of their fees as bonuses - if I remember correctly - prompting some bookies to adopt this policy to prevent punters from withdrawing and depositing to get the bonuses.

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02 January 2017
quincunx

Citizen
Edgware,Middlesex,UK

Dafabet use IBCbet's odds.I am guessing that they may have hedging arrangements with IBCbet.IBCbet themselves are true Asians,so they work to low percentages and tight profit margins.This means that by using IBCbet's odds,Dafabet themselves are working to low percentages and tight profit margins.That makes it harder for them to absorb the deductions that E-wallets make from deposits to businesses than it would be for a European bookmaker taking higher percentages by offering less attractive odds.Dafabet would be making very thin margins indeed on the portion of bets that they chose to hedge with IBCbet.

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02 January 2017
tenisinsig

Player
german

quincunx wrote:

...Most bookies choose to absorb those deductions through their profit margins on bets - which is why they charge punters who withdraw money that they haven't bet...

Like I said I made full turn over with deposited money.

But I understand ur point but can't agree that it's justified.

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03 January 2017
ThePrisoner

Player
United Kingdom

quincunx wrote:

Dafabet use IBCbet's odds.I am guessing that they may have hedging arrangements with IBCbet.IBCbet themselves are true Asians,so they work to low percentages and tight profit margins.This means that by using IBCbet's odds,Dafabet themselves are working to low percentages and tight profit margins.That makes it harder for them to absorb the deductions that E-wallets make from deposits to businesses than it would be for a European bookmaker taking higher percentages by offering less attractive odds.Dafabet would be making very thin margins indeed on the portion of bets that they chose to hedge with IBCbet.

I don't think dafabet use IBC any more - not for their UK site anyway.

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03 January 2017
quincunx

Citizen
Edgware,Middlesex,UK

I haven't checked recently,but a while ago Dafabet were offering reduced odds to UK punters with money in their account - the odds would fall when they logged in,so I was told.Sadly,there is a perfectly valid reason for that - the UK's infamous piece of cr er,sorry,point-of-consumption tax ! Dafabet's odds on oddsportal seem to be identical to those of 12bet - who also used to use IBCbet's odds - perhaps that also has changed.They must both be getting their odds from some similar source,anyway.Any ideas ?

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03 January 2017
ThePrisoner

Player
United Kingdom

quincunx wrote:

I haven't checked recently,but a while ago Dafabet were offering reduced odds to UK punters with money in their account - the odds would fall when they logged in,so I was told.Sadly,there is a perfectly valid reason for that - the UK's infamous piece of cr er,sorry,point-of-consumption tax ! Dafabet's odds on oddsportal seem to be identical to those of 12bet - who also used to use IBCbet's odds - perhaps that also has changed.They must both be getting their odds from some similar source,anyway.Any ideas ?

Just had a quick look. Oddsportal not updating Dafa or 12bet at the moment but looking on site at tonight's EPL games they are all different. I think 12bet get odds from 10bet. I agree they both used to use IBC (like SBO did or maybe still does).

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03 January 2017
quincunx

Citizen
Edgware,Middlesex,UK

Thanks,ThePrisoner.I can categorically state that SBObet do not use IBCbet's odds.Oddsportal's failure to update 12bet/Dafabet's odds sometimes explains why they are often standout/obviously wrong,though.
Apologies,tenisinsig,for wandering off - topic here.

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