If I'm not mistaken, Cloudbet has been around since 2013. I doubt they could've lasted this long if their biz model is to scam people. I was on Reddit the other day and I noticed all of the pinned posts on r/cloudbet are scam accusations... their competitor or at least someone is trying to mess with them...
BTW guys, I'm not into blatantly accusing various accounts of being shill accounts because at times it can be out of line.
However cryptofiend01 is 100% a shill account. Their first post was commenting on betting on the US presidential odds.
For a sportsbook, taking bets on long term events is a serious money grab. Bets are tied up for months, and the site can then use those funds to make more profits elsewhere while waiting to pay out (if they even pay out at all)The account has 4 posts. first one being commenting on a presidential betting thread from cloudbet or something. Next one a random post with zero value and zero interest, no idea why they'd post and then 3rd one this post. last one is just "bitcoin to the moon yo". check the history.
If I were Cloudbet, I'd constantly be hiring reputation management and shill accounts to build history over time and sway the opinion in the forums. It's standard business practice these days.
Seriously, defending Cloudbet a site that just stole $15,000 from me. This is only beginning if they don't return the money. This shouldn't ever happen to anyone.