Bitcoin Forum

Site is easy.
Is this 5 minute only?

https://btcbet.cc (https://btcbet.cc) – The service where you can bet every 5 minute UP or DOWN on bitcoin price, and in 15 minutes right after betting closes you will see the result.

- We have two languages Russian and English.
- Our rules – https://btcbet.cc/rules/ (https://btcbet.cc/rules/)
- We have the API – https://btcbet.cc/api/ (https://btcbet.cc/api/)

- No commission for top up, minimum 0.001 BTC
- 0.001 BTC commission for withdraw (minimum 0.01 BTC)
- 5% commission for prize.

present market price (last price)

Whether the minimum withdrawal is not too high? i think 0.01btc it's seems too high and what do you mean with "0.001 BTC commission for withdraw"? it's means if we withdraw 0.01btc then we only received 0.009btc?

site does not work now!
Is this binary options?

Finally a working binary options :)
Do you plan to add 10 min, 30 min and 60 min options?

Site is easy.
Is this 5 minute only?

How are you calculating the price? Sources? Verification?
Regards

the site looks very simple to me and i thought this site similar just like secondstrade who provide binary options bets but seems i was wrong however minimum bet amount still pretty high for me and if it is possible could you please reduce it

should we select only up and down price or the fixed single price?

Hmm your betting site like a forex sir :D . But your minimum WD its to large for me, please reduce it if you want to attract more people from here.

Overall, I like your site its very easy to play but your minimum bet and WD its very large, I hope you can fix it .

https://btcbet.cc (https://btcbet.cc) – The service where you can bet every 5 minute UP or DOWN on bitcoin price, and in 15 minutes right after betting closes you will see the result.

- We have two languages Russian and English.
- Our rules – https://btcbet.cc/rules/ (https://btcbet.cc/rules/)
- We have the API – https://btcbet.cc/api/ (https://btcbet.cc/api/)

- No commission for top up, minimum 0.001 BTC
- 0.001 BTC commission for withdraw (minimum 0.01 BTC)
- 5% commission for prize.

it has been common lately for newbie accounts to open a casino . im so sorry but your casino could be the best in the world but i can not bring myself to send btc to a place with even a slight chance of achieving all requirements then a newbie take the dark road and- poof- gone! nope... sorry ! a bit more proof needs to happen for trust!

I agree with this. How can we know that the site is legit? Where is the proof that after depositing our money on the site we have a chance to see it again? I think we need at least couple of replies in this from reputable members of this forum that the site okay, otherwise I doubt anyone will deposit money on the site.

Looks good and it was pleasure to see this manual in english rather than in russian like whole chat window of site is full of russian posters. You should add seperate chat tab for english speakers.

I used to do some binary trading on secondstrade before and right now they are not in the business, so this one looks better alternative for me. Will definitely try this one...

https://btcbet.cc (https://btcbet.cc) – The service where you can bet every 5 minute UP or DOWN on bitcoin price, and in 15 minutes right after betting closes you will see the result.

- We have two languages Russian and English.
- Our rules – https://btcbet.cc/rules/ (https://btcbet.cc/rules/)
- We have the API – https://btcbet.cc/api/ (https://btcbet.cc/api/)

- No commission for top up, minimum 0.001 BTC
- 0.001 BTC commission for withdraw (minimum 0.01 BTC)
- 5% commission for prize.

I recommend this site. I started few days ago and everything is ok. I hope you won't finish hacked or something. Please take care of it. I can suggest you some kind of loyalty program - for example: if I invite someone then I will receive 1% of his commision fee when he wins (still 4% for you) or something like that. It would be great to have more people playing.

You are doing a great job. Best wishes ;)

This is good idea, and we also thought about it, soon we will make it, thank you.

Password must contain at least one lowercase char, one uppercase char and one digit, minimum 8 symbols, maximum 32

What's the max bet ? You willin to escrow funds for a big bet ? Or has anyone in here gambled big amounts ? I don't see anything in your trust regarding my question.

this is eassy but is this for 15 minuts only ?

Careful with this one ,,,cause profits very low I lost 0.005 then I bet 0.005 and then just been paid 0.00538...this is just for fun...earnings very low due to the risk... just bet yhe minimu...0.001 and after I bet 0.013 and I got 0.00135625...low profits and high risk --payout very low thats why They ll survive till the moment...I wthdraw 0.o1and in my coimbase walet says 0.090  but it stills pending ...really do the maths

I believe that you win what other people are betting. So if 10 people bet 0.01 on the price to go down and one guy bets 0.01 on the price to go up the 10 people betting on down will have to split the 0.01, but if it goes up the one guy will win the 0.1 total, I think. I like that kind of betting, to be honest as it opens up some opportunities.

Don't forget, if you looses – someone wins!  ;D

btcbetcc do you also participate in betting sometimes?

that's an excellent question ....  ::)

That is the reason of my question. btcbet it is not too late for you! If you do it just stop it now. Your site works really good and you will make more money playing fair!

That is the reason of my question. btcbet it is not too late for you! If you do it just stop it now. Your site works really good and you will make more money playing fair!

I have had a user send their worry to me with some information regarding this. It would appear that you, the operators of this site, are betting yourself, on both sides, meaning you make money either way and you are fooling the users. I will look at this further and give my verdict during the next few days. Hopefully this user is wrong and it is just a coincidence.

btcbetcc do you also participate in betting sometimes?

Hmm your betting site like a forex sir :D . But your minimum WD its to large for me, please reduce it if you want to attract more people from here.

Overall, I like your site its very easy to play but your minimum bet and WD its very large, I hope you can fix it .

At the first day of opening we made bets from users that have been created for testing to test the service. Last time we tested when we changed the amount of the minimum bet. We receive price from poloniex.com, so we cannot predict it, and if we make bets we wins and looses as anyone else.

We get messages about robots that bets at the last moment, and we are thinking how to avoid it and if we need to do so. We look at the users who play on our site, after API we have a lot of bots, some of them now make bets almost every period, and we cannot prohibit this.
One of the issues is to stop receive bets randomly from 1 to 10 seconds before the end.

Another 'problem' is that we receive messages mostly from the users that loose, those who wins just withdraw coins and don't even chat.

The issue that I raised was not one of you guys being able to predict the price.

If you are betting on both sides you can go with profit since you get the commission fees either way. And you will win the amounts that other users are betting. Could be impossible to prove but that is what one user sent me with some tangible proof. I am yet to make up my mind about this as it feels a bit unjust towards you guys to make these accusations but it is what it is.

We even thought to open information of the usernames that bets, but we think that it is not so good idea. Most of our customers is satisfied and we improve the service everyday as most of our customers want.

Sounds like a good model for the operators, since there's no way for players to game the system (what do you do, bet against yourself? Still lose out on commissions).

I do want to clarify one item here though: You say that a 0.01 withdrawal will only result in 0.009 after site commission. This is a 10% commission... in addition to 5% of winnings. Sounds slightly exorbitant for me.

A better way would be to just charge a flat commission on winnings, with the entire winning amount sent back to the person who won immediately. You still make profit like this, no?

Again, I don't think you are actually responding to what I am saying. So let's just leave it at that and I will conduct my own investigation to find out what is really going on. Hopefully I won't find anything fishy, but right now it does stink aa little bit.

I was the one who sent this message to Hhampuz

"I've been analyzing the betting pattern itself, when it is placed till finish the 5mn period, which I've been doing for few days and few hours a day without betting no emotions in it and it seems that placing bets where's nothing to lose just wins are very profitable. If you imagine, placing a minimum "bet" on both sides, where you are the operator, the profits you will get? besides the withdraw fee and the %5 on profits...Users can profit from that as well but need to understand when to do it not in every bet as the operator can...I'm not saying they are doing it but just imagine this reality... Roll Eyes

I think they are always betting on both sides as they have nothing to lose and to catch the big fish. Just analyze the bets when happens the first and second one is always on both sides"

I've been following btcbet the answers to Hhampuz questions and never respond directly and avoid to respond if you are doing or not bets on both sides.

Now that the bots are on the game to me is even worst to be in this game, very small profits for high-risk trades, including your %5 in winnings and a withdrawing fee of 0.001. The main profits are for the operator and still mantain the question If you imagine, placing a minimum "bet" by a bot, at the moment the first bet is around 1m to the expiry the second on the other side it's like 30 seconds after, on both sides, where you are the operator, the profits you will get with 0 risk of losing? you don't manipulate the graph cause it is really from tradeview/ploniex if can be done on the bets!!! You don't make people lose the bets but if it is  a win it will be divided at least by 2, where I bet high risk 0.001 and you 0 risk and profit from the bet and plus %5 of my win. To be profitable here we have to have a %winlost ratio almost perfect or just luck in few betswhere you place a 0.001 or 0.002 in one side, where ther is 2 max 3 small entries and on the other one there is an amount of 0.03 and it goes in your favou...to much "ands" based on luck it's not for me...what it seemed interesting in the beginning already lost my interest...so Ill skip this one

As we understood, there is a lot of competition of gambling services. This is confirmed by the previous two posts from Hhampuz and lostinheaven. At first, unproved suspicions were brought against the administration of the btcbet.cc. Then allegedly an investigation. And now a hacker attack. Business is business, we are not offended.

For all our valued users, we are again ONLINE, we have changed the DNS, so there may be some delays.
We are ready to reflect any attacks as much as possible, some bets might be canceled or we will be unavailable for a while, but we are alive, your coins and our database are in the safe place.

Competition? You said yourselves that you are among the first to do this with BTC, no? So how would I be a competitor? If you can not even handle a simple question regarding suspicious things going on at your website that's not really at my fault. I have been around these forums for a while and I have built a reputation and as such I have to try and uphold some standards and point out wrongdoing if I see any.

Competition? You said yourselves that you are among the first to do this with BTC, no? So how would I be a competitor? If you can not even handle a simple question regarding suspicious things going on at your website that's not really at my fault. I have been around these forums for a while and I have built a reputation and as such I have to try and uphold some standards and point out wrongdoing if I see any.

It's not the first time I see you are trying to tarnish reputation of competitors while you are advertising the casino in your signature.

Please do point out where I have tried to tarnish the reputation of another gambling site without real points being made? Otherwise you are just talking out of your ass. And since btcbet is a completely different thing compared to fortunejack it's not really a competitor. Unless you are clueless when it comes to everything here in the world, lol.

As we understood, there is a lot of competition of gambling services. This is confirmed by the previous two posts from Hhampuz and lostinheaven. At first, unproved suspicions were brought against the administration of the btcbet.cc. Then allegedly an investigation. And now a hacker attack. Business is business, we are not offended.

For all our valued users, we are again ONLINE, we have changed the DNS, so there may be some delays.
We are ready to reflect any attacks as much as possible, some bets might be canceled or we will be unavailable for a while, but we are alive, your coins and our database are in the safe place.

Please, follow our twitter: https://twitter.com/btcbetcc (https://twitter.com/btcbetcc)

Hhampuz,

 In the beginning, I was really thinking of this one as an opportunity to invest BTC in bo, but as I started to analyze things up made me really doubt, unfortunately, cause there aren't many serious brokers accepting BTC .....

 Their just bullshit talking to keep their zero profit taking bets "business" ...lol

I'm glad I took my money out cause no one will make money expect them...
their funny answering simple questions..they won't cause they know that they are involved in short-term profit... and they talk about hack attack really funny, It's the false victim speech :D...
I'm sorry about the people that still put the money on their fake, I don't want to say it is a scam, cause I could withdraw my money...But till when?

That's why I contact you as a reputable member cause me as newbie, and nothing to do with any other sites, no one would give importance....

Hhampuz, it's so easy just look at the bets and timing, of course, needs to invest some time...I'm a BO and forex investor and I like to watch the markets even I don't put money on it...

Carefull guys, this one is a red flag ???

1rst I don't promote any gambling sites...so no competition.

2nd I said I could withdraw my money and as I said they don't manipulate the price, they can't make you lose a bet, like a casino... but the winnings can be manipulated in favor of the operator, spread the winning profit with fake users and besides of that the  %5 profit in every winning bet. The odds are very favorable to the house.

3rd I didn't say Victim card but victim speech when they posted:
 "As we understood, there is a lot of competition for gambling services. This is confirmed by the previous two posts from Hhampuz and lostinheaven.
At first, unproved suspicions were brought against the administration of the btcbet.cc. Then allegedly an investigation. And now a hacker attack. Business is business, we are not offended". Never feel sorry for this guys... of course, we can't prove they are in control of everything, even we don't who was betting, even can be a false user... so it is impossible in this manners. One thing I'm sure, they are here to make money from us and from one day to another they will be gone with their profits, this is my own experience. They appear as humble disciples of the good, manipulate with their false good intentions and after disappear as Judas with no explanations. Don't go easy on them

4rth I have the right to ask questions if I put my money on their business and 2 questions that started to make me think twice was:

 When a user Logan12321 asked" btcbetcc do you also participate in betting sometimes?"
and after user buwaytress posted "Sounds like a good model for the operators, since there's no way for players to game the system (what do you do, bet against yourself? Still lose out on commissions).
I do want to clarify one item here though: You say that a 0.01 withdrawal will only result in 0.009 after site commission. This is a 10% commission... in addition to 5% of winnings. Sounds slightly exorbitant for me.
A better way would be to just charge a flat commission on winnings, with the entire winning amount sent back to the person who won immediately. You still make profit like this, no?"

As this questions never were addressed and after being analyzing the bets coming in for few a hours a day...I just thought and if they make opposite bets in every bet, the losing ones don't count cause they are the operator the winnings one can spread the profit into different players and they are there. I'm not saying they are doing it and it is impossible to prove it, it is one of the scenarios that anyone should pose before putting the money in.

As I see, at the moment, things can change and improve, this is a high risk, high fees no profit or just a few pennies and as they referred bots coming in a system based on opposite bets. Unfortunately, this is not for me but in the beginning, I was excited about it. I like the site design simple and very functional.

I hope I could clarify better my point and I wish good luck on this one ::)

Ps: This is a bet where you can earn a good profit with a small amount but high probability to lose only happens in extreme conditions not often; to catch this one you have to be a robot who bets in every bet and in the opposite, and as someone said and I agree cause I tested, it is not profitable to bet on both sides, cause you will have to do it in every bet to catch these ones, so my question who was the user who bet down?In my opinion a visionary or the operator.

ID       Period           Base price          Last price      Count       Amounts
17606| 01:30–01:50 |4301.00000004 ↓↓4288.00000001| 5  ↑4  ↓1 |0.015  ↑0.013  ↓0.002| User bet down 0.002, and won 0.01435

@veleten when I posted my questions I invested small to test and after I did the hard job of analyzing the bets patterns and repetitions, what time they come in and for a period of time without investing.
My questions aren't based on what someone else says only or what it seems, I invite you to the same, play the game, analyze and then post your  2nd opinion about it, probably can be different from mine and I accept it. I'm not looking for perfection but for excellence :) I can be a newbie here but don't discredit just because of that...

I will say the last thing about the accusations towards them. I have spent a lot of time on analyzing data and possible strategies. Finally I discovered something which changed my mind completely. I won't tell you what is that (now it is a bit harder to see it, but still possible). Nevertheless, I decided to continue playing, but when I play with a bot my balance is 0 (no gain, no lose). If they reduce a commission or the minimum bet amount I will stay with them a bit longer. If nothing change I will try my luck few days more and probably resign. In my opinion it is possible to have (more less) constant income on this site, but it requires to be pretty smart.

Hello Everyone,
I try this site with 0.03 BTC, and I loose all. Firstly, I think this btcbet.cc is fair, but after all, I think again, Here is reason WHY?:
- Whenever I bet, Bots(or btcbet.cc) will automaticly bet on my side. Bots dont even care about the last or base price. All they care about is reduce my profit
- So whenever I bet, I will take a high risk. If I have chance to win, I take just a low profit. For example, When I bet 0.005 BTC, I win 0.0003 BTC, it about 5-10 % of my bet, but when I loose, I loose All.
- Even I bet agains the trend, For Example, Base price is 4800, last Price is 4840, I bet DOWN( Against the trend), but Bots will automaticly bet on my side with huge amount of btc,(of course they will bet on other side ).
- Eventualy, even If I win 4 times,  I still Loose

Dear Btcbet.cc, If you do not stop this, I think number of user will go down, and they never come back yoursite

You are my refferral so I know how you play from very beginning. Why don't you try betting both sides? If you think the price will go up you can bet 0.002 up and 0.001 down. In this case even if organizers wants you to lose, they can not do much. Play a little bit more tricky and you can win. I play when I have some time and I haven't lost money in the last 2 weeks (I won 0.02, some of it is probably your money; at the beginning I also lost).

If you know a little bit probability theorem you can compute expected values as a functions of your bets and probability induced by other bets (you have to estimate real "up" probability somehow). The result proves that playing both sides is not as stupid as it seems.

After some time you will also understand how bots work ;).

If you really were to be able co calculate how the price would move and place your money on it due to that you are extremely stupid if you bet on both sides.

You can't say that, "I'll bet on both sides because you can some what see where the price will move".

At the end of the day Btcbet.cc is ripping their customers off and they are making tons of money doing it.

If you really were to be able co calculate how the price would move and place your money on it due to that you are extremely stupid if you bet on both sides.

You can't say that, "I'll bet on both sides because you can some what see where the price will move".

At the end of the day Btcbet.cc is ripping their customers off and they are making tons of money doing it.

Betbtc will win all your bitcoin in the end. if BTCBET do not stop their own BOTS, someday there is no one play it anymore, cause it is not fair

I totally agree with you Hhampuz "At the end of the day Btcbet.cc is ripping their customers off and they are making tons of money doing it."

Now that Logan12321 is promoting their referral program comes and say he is profitable and but most of the guys are losing, cause he is very clever
with his computational theories. BS 

You are right :). I want to catch some people on my refferral program, but all I told you is true. True is also that I haven't told you everything (I haven't spent many hours on analyzing it just to show you my results). I'm still here, because it is only site where you can use some statistics to win with other players (small community without experts etc). So if someone is still interested, tips from me are: 1. Don't invest much money. 2. In the most of cases bet both sides (in some ratio) and observe. If you notice something you will improve your strategy (even sometimes you can play one side, but it is hard even for me to do it correctly).

True is that before you realize what's going on I (if I will be online, I wrote a bot, but I don't use it) will win with you and earn your money. Then you can win money from the others (or from me, if you will be smarter). If someone become my refferral and play I can write something more.

Now I think I'm fair towards users of this forum :)

Betbtc will win all your bitcoin in the end. if BTCBET do not stop their own BOTS, someday there is no one play it anymore, cause it is not fair

I'm already out of there (just receiving a bit from referrals), so I can write you what I noticed. There is almost no one playing there except organizer's bots (it is not accusation, just my opinion  :)). They bet both up and down of course, but in the way that the ratio up amount/down amount is the same as the ratio of users bets up/down. It should be clear that this way it doesn't have any effect on users (0.001 up, 0.002 is exactly the same for users as 0.012 up, 0.024 down), just making impression that there are more people. But what happen if there is only one side bet from users? Then the ratio is huge and after 5 wins and 1 lose user loses.

Conclusion: bet when there is someone playing, then you can win. You can even sometimes lure players bet side you want (by manipulating the ratio at the beginning [bots will induce ratio similar to yours even during the betting time] and change it at the end). Manipulating price at Poloniex when it is possible is also helpful (but not neccessary).

My usual strategy was: wait for someone, wait for bet when you think the chance up/down is 50/50, bet both sides 0.001. If someone bet one side 0.001, then the ratio is 2:1. The chance is 50:50 so if you lose one time and win one time in this case you win 0,000375.
I sometimes played 2:1 when I thought the chance up is 66% and my expected value was also positive (but it is harder).

Summarizing, I maked some profit, but it costed me too much time to wait for some good opponent (some players are online, but play only when the propability of up/down is higher then 80% - it was hard for my to deal with them). I prefer to trade altcoins than spending time there now.

Still some users are not aware of how it works (1 month ago it was easier to realize it, now there are some "distractions", but general rule is the same).

If you think you can try it (I don't want to encourage or discourage you) and what I write is useful then you may use my link https://btcbet.cc/r/iWUcbG/ to register.

Anyway have fun, don't take it too serious (as I did). Good luck!

Yep, they does! and today they changed the design btw.

As Long as you turn off your bots, everyone will play. But you don't stop your bot, you try to take bitcoin from user. It's not fair play.

Don't expect to get a response to this.. I tried in the past but they deny that they have a bot that's playing for them.. They told me that I was outright lying as I was a competitior (due to my signature, while I'm not working for any casino or betting site..). Hopefully they'll learn soon enough that it is holding them back.