NitrogenSports 10k confiscation (Case Closed)

[Ace7550]

Most of the best shops are not A.

It's true. I mean Everygame (formerly Intertops) is still rated an A. That's an absolute joke.
And Gtbets is still an A too

 

[elihu.feustel]

Every book has a rule somewhere that basically says they can take your balance for any reason. Their rules don't mean anything. This is a lawless industry where only reputation matters. And you went looking into costa rican law? Are you serious?

They used that as a justification. I don't think this law exists, but you can look for yourself here:

http://www.pgrweb.go.cr/scij/Busqueda/Normativa/Normas/nrm_texto_completo.aspx?param1=NRTC&nValor1=1&nValor2=5027&nValor3=110628&strTipM=TC

If such a law claimed by Nitro does not exist, does that affect their reputation in this lawless industry?

 

[elihu.feustel]

Dumb question. Rewrite as "If a BTC only sportsbook slow pays 0.25k in BTC ..." you get your answer.

If BTC goes to 0, does that mean there was no harm? If BTC goes to 2m, do they owe me 500k?

Normally, you measure the damage when the harm occurs, and you measure that harm in dollars (or local fiat). The theft occurred in February, and it was worth 10k. A villain doesn't get to argue currency fluctuations when a person can avoid that risk.

 

[rolandcorts]

Their reputation was harmed when they didn't pay. The minutiae of the rule cited aren't relevant.

As for your 2nd post, it's the same bizarre legal mentality you take to this lawless industry which... by the way... I think is still wrong.

BTC is considered property. Just because you and others frequently liquidate it into fiat doesn't mean they owe you the fiat equivalent after a slow pay. If I break into your house and steal your baseball card collection and then a year later a judge rules that I have to return it, do I owe you extra cash on top of the cards if your collection appreciated over that time? If it depreciated, do you owe me cash when I return it to you? Lawyered!

 

[elihu.feustel]

A baseball collection is not a currency, and is not fungible. Crypto is a currency, and is fungible. I don't see this analogy as being on point.

 

[rolandcorts]

If BTC is a currency then your argument makes even less sense. Imagine Nitro was a book that only dealt in Euros. If you were slowpaid 100 EUR for a month and over that time the euro depreciated relative to the USD, you would ultimately demand they pay you more than 100 EUR? And let me guess, if the euro appreciated over that time, you would be completely fine with them giving you less than 100 EUR?

 

[elihu.feustel]

If BTC is a currency then your argument makes even less sense. Imagine Nitro was a book that only dealt in Euros. If you were slowpaid 100 EUR for a month and over that time the euro depreciated relative to the USD, you would ultimately demand they pay you more than 100 EUR? And let me guess, if the euro appreciated over that time, you would be completely fine with them giving you less than 100 EUR?

This is why I use legal frameworks. You get consistent results. If I were in Europe, Europe would be the local fiat. If my currency were dollars, my damages would be in euros at the time the harm occurred.

 

[sportsbettor5]

Back in my day at SBR, I investigated 1000's of disputes as Justin7.

Wait...what? You are Justin7 from SBR?

 

[rolandcorts]

This is why I use legal frameworks. You get consistent results. If I were in Europe, Europe would be the local fiat. If my currency were dollars, my damages would be in euros at the time the harm occurred.

yes and in this case you’re in BTC world. The website Nitro deals in BTC. That’s its whole idea. It has no association with the US or USD.

The hilarious thing is you’re citing Costa Rican law to argue you’re owed .25 BTC but actually you want more than .25 BTC because it depreciated relative to your home country’s currency. Can’t make this stuff up!

 

[BMR Disputes Matt]

Nitrogen have engaged now and we are attempting to work through their issues with Oli.

 

[elihu.feustel]

Nitrogen have engaged now and we are attempting to work through their issues with Oli.

This is good to hear. Has anything developed in the last month?

 

[venditto]

A baseball collection is not a currency, and is not fungible. Crypto is a currency, and is fungible. I don't see this analogy as being on point.

Crypto is a meme that you've fell for. It can go to 500k or 0 I expected more out of justin7 I guess everyone is wrong sometimes.

 

[BMR Disputes Matt]

Crypto is a meme that you've fell for. It can go to 500k or 0 I expected more out of justin7 I guess everyone is wrong sometimes.

Me too.

@elihu.feustel I do not want to discuss Oli's case with you, or in public, unless he asks me to explain here.

 

[elihu.feustel]

Me too.

@elihu.feustel I do not want to discuss Oli's case with you, or in public, unless he asks me to explain here.

That's an interesting position to take. Your advertiser is accused of theft. Their claim -- that Oli violated local gambling law is unsupported (they won't show the law, and there is no law on point).

Your mission statement says "At Bookmakers Review (BMR), our mission is to deliver players accurate information on trusted sportsbooks. BMR is not a website that will recommend sportsbooks that are known for cheating players out of their winnings or slow-paying come withdrawal time." How can you possibly accomplish this if you don't share your findings with the public?

 

[Ace7550]

While I understand that you want to discuss this with Oli and not Elihu, it would be nice to get some idea of what is happening in this case.
I still wont play at Nitrogen unless this gets worked out.

 

[sportsbettor5]

If I break into your house and steal your baseball card collection and then a year later a judge rules that I have to return it, do I owe you extra cash on top of the cards if your collection appreciated over that time?

I would think that many jurisdictions would indeed require the thief to compensate the victim for the fluctuation in value, likely via a separate civil damages case.

How can you possibly accomplish this if you don't share your findings with the public?

Maybe he meant he won't discuss this in public until either a) Oliver requests it b)the case is resolved.

 

[oligibbons]

I would think that many jurisdictions would indeed require the thief to compensate the victim for the fluctuation in value, likely via a separate civil damages case.


Maybe he meant he won't discuss this in public until either a) Oliver requests it b)the case is resolved.

I have no problem with any of this case being disclosed publicly. As I understand the position right now: on the 18th of July BMR submitted a petition of my position, clarification on some questions, and we are waiting for a reply from Nitrogen. @BMR Disputes Matt may have more information.

 

[rolandcorts]

 

[elihu.feustel]

BMR,

During your initial investigation, could you find the law Nitro claims exists? Which says it's illegal for people in CR to bet online in CR? There's a lot of effort spent looking into Oli's claims, but what about Nitro?

 

[elihu.feustel]

Crickets.