The first sign something was wrong came when I logged into my account and noticed that a winning wager had been marked as an “EARLY CASH OUT,” even though I had not cashed out the bet. I immediately contacted Bet105 support and wrote:

“I bet New Orleans -8 vs Dallas on the 16th. It was a winning bet, but you have it graded as an EARLY CASH OUT. I do not recall cashing out that bet or any other. Can you explain what went wrong.”

I did not receive any response regarding that security breach. The following day, I logged back into my account and discovered that my $4,000 balance had been reduced to 2 cents.

Shortly afterward, Bet105 sent me a response to an inquiry they had received about how long it would take to withdraw money from my account. The problem was that I had never sent the original inquiry that they were responding to. Initially, a Bet105 email claimed that the withdrawal request came from my IP address. Then in a subsequent email they provided a different IP address entirely — one that did not match my known IP address. They also stated that the login associated with the withdrawals came from a Windows device, even though I have only ever accessed my account from a Mac.

For several years every single one of the hundreds of times that I logged into my account it was from my home computer, a Mac, and from the same IP address. Then Bet105 gets a request from a Windows computer with a different IP address, and ships them my entire balance. Security had tons of forensics including blockchain addresses and email addresses that the hackers used, and the case should have been easily solved. I asked a dozen times for security to look into the case and was never contacted by security. My concern is not simply that unauthorized access occurred, but that the technical discrepancies surrounding the incident did not receive meaningful security review from Bet105.They refused to return my money, but instead offered a 50% bonus on a redeposit!
No sane person would put their money in a bank that didn’t have adequate security which is basically the situation at Bet105. But the bigger issue is that when they screw up bigtime they are not going to legitimately handle the matter and repay you for what they know is their mistake. These problems happen more often than you might think. If you were a hacker, a sportsbook without security is the perfect target because there won’t be any investigation and thus you will get away with the crime. Bet105 has clearly established itself as a feasting ground for hackers.