Dear Blogabet members,
This announcement is solely for active Paid Tipsters in the Market.
We have introduced two new rules that were obvious for a long time, but now have been officially added in written terms as well. It can be found in the Seller Admin >> Rules for Sellers and is effective with immediate effect.
EXCLUSIVITY
1. It is obligatory for Sellers to conduct business exclusively via Blogabet. Providing tips either free or paid via other websites, messaging apps or privately is strictly forbidden.
COMMUNICATION
1. It is obligatory for Sellers to communicate with their customers only via Blogabet. Private communication via emails or messaging apps is strictly forbidden.
Exclusivity is necessary to protect Blogabet revenue. We are fed up with many small and non-relevant sites, tapping up tipsters from Blogabet with sign-on money and then also trying to encourage them to move their subscribers as well.
We never really cared that much because the sites that are doing it have 30 to 50 times less traffic than Blogabet, but still such practises can not be tolerated in the long term as the damage is accumulating.
A ban on advertising Telegram channels and private contact with customers has always been in place as well. It is common knowledge that most Telegram tipsters are outright scams and, in general, any tipster that avoids independent 3rd party verification is not to be trusted.
Also, in recent years, we have seen a surge in tipsters trying to use Blogabet as a staging platform only to move to private sales once they get enough customers from us.
Also, many private staking schemes are outright scams, i.e., a tipster sends Home team -0.5 AH to one customer and at the same time Away team +0.5 AH to other customers and gets money from whichever outcome wins, while failing to compensate the losing staker, etc.
Of course, we can not tolerate any of these activities that are damaging both to our revenue and future growth and also pose risk to funds of gullible or less experienced customers.
Tipsters that currently operate services both in Blogabet and other platforms have up to 7 days to choose their future, after which we will start closing accounts that are found to violate the new rules.
Kind regards,
Blogabet Team
Crypto payments down, to be resumed soon...
Dear Blogabet members,
Unfortunately, BVNK has terminated our Crypto payments with immediate effect and without prior notice. As a regulated platform, they had too much trouble with parts of our customers, i.e. many transactions linked to Russia, Iran etc.
We can not disclose more details as they are confidential, but we will not change our policies and do not plan to implement KYC for customers at the moment.
We are working on a new crypto payment solution and it is expected to go live within 1–2 weeks.
Also, the offboarding procedures at BVNK are expected to take about the same time, during which we will not have access to the funds that were in that account, i.e. we are waiting for an withdrawal from BVNK account either bank transfer or crypto, they still have not communicated the exact procedure.
In result, Crypto deposits and withdrawals are currently on hold and expected to be resumed by the end of the month.
Also, Paypal withdrawal limits are temporarily decreased to 1000 EUR per tipster per 30 days as we expect some tipsters that were using both Crypto and Paypal to flock now for the Paypal option while the relevant funds are still locked in BVNK and not available yet.
Kind regards,
Blogabet Team