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https://mbet.io/Content/Images/mbet-logo.png (https://mbet.io/Home/BonusActive)

So we have now officially been open for a little over a week.

I wont mess about with a lot of marketing dribble, we are simply offering 6 BTC bonus balance with your first deposit of 5 mBTC or more.  At the moment it is only available for bitcoin we will look at including the other currencies in the future. You can see the terms and conditions on the site.

We are not going to promise the biggest bets, we are not going to give you first class tickets around the world, what we will offer is a great bonus with heaps of sports, stacks of leagues and a huge range of markets. We also accept bets in Bitcoin, Ethereum, Litecoin and Dash.


https://assets.mbet.io/claim-now.jpg (https://mbet.io/Home/BonusActive)


You can check out what other said about our platform during testing here:  https://bitcointalk.org/index.php?topic=2305013.0

As always we will be around to field questions.

6 btc? seriously??  :D
I imagine you have to wager all before withdrawing also a cent, am I right?

You can read the general terms here  https://mbet.io/Home/BonusActive

I dont find info about wagering requirement about the bonus. Does it mean once I collect 10,000 points and get 10mbtc, I can withdraw this 10mbtc?
It is obviously a new bonus as I have never seen similar bonus like what you have before, but I think it is very hard to get those 10,000 points. Sorry if my math is bad, but as per my calculation I need to wager on sportsbook 10,000/12.5= 800mbtc with 2x odds or higher (will need to wager more mbtc if the odds less than 2). Or I need to wager more than 2btc on casino games to get 10mbtc bonus. Correct me if I'm wrong.

Thanks for taking the time to review the terms.

Once you reach the 10,000 Bonus points you can withdraw the 10mBtc it will be deposited into your account as cash. 

Your correct if you were to place a number of bets that total a stake of 800 mBtc, with a price score of one, you would release a 10 mBtc into your player account as cash, this can be withdrawn with no further requirements.

There are no restrictions on the types or wagers you can place, or the events you can wager on.  All bets contribute to your bonus points balance. 

Unlike other bonus programs this doesn't just reward new players it rewards players for the entire 365 days.  Remember that you only have to deposit 5 mBTC to qualify for the 6 BTC bonus balance.

****  We will from time to time run 2x, 3x or 4x bonus point promotions on specific events or bet type,  giving our player the ability to release the bonus even faster.  ****

So you mean that if we deposit only 0.005 btc we might have a chance to get 6 btc but only if we achive 10,000 point to get 0.01 btc? That means we need to get 6,000,000 point in order to get 6 btc? Is this right? Or we might only get as much as we deposit?

And how much wagered for 1 point? I can't find it on your tab there

There is a clear information about the formula to calculate bonus points. Let me quote it for you:

So you can calculate with your calculator on how much you need to wager to get 1 point.  ;D

@BTCevo If you deposit 5 mBTC you will have a bonus balance of 6 BTC


@panjul07 Thanks

So if we will bet 5mBtc in any game with 2.5x odd than bonus point we can get is;

5 x (1.58113883008419 - 1 ) x 12.5 = 36 Bonus points


So basically we have to bet 5mBtc atleast 277+ times on game of similar odd to get 10mBtc from this bonus. Which is almost like 100x wagering requirement... ;D

Anyway nice promo and quite unique one for sportsbook.

Your calculation is correct.  But this is not like any other promo, in that it is on all bets, any time, all the time, until you have managed to release the entire bonus balance. 

When you bet with your current sportsbook they don't give you a bonus on the majority of your bets, so most of the time you are betting with them you're getting NO bonus.  We want to reward players all the time, rather than just giving them a carrot for a first deposit.

Okay, you're saying you have 6 btc and people can get some part of this money if they deposit some btc onto your website. Can you at least sign a message confirming that you have sufficient funds? And, as the casino is new, people probably need some confirmations that it is possible to withdraw money from out there.
You've got the hell lot of games out there, I guess I've never seen so many in one casino. However, what is kind of annoying is that it takes a lot of time for games to open...
What is interesting is that you're planning to launch your own ico. Perhaps you should start a sig campaign on that.

Hi kryptqnick,

We are no longer running an ICO as the community didnt seem to have the appetite for another gambling ICO.

I think you have the message in regards to the bonus a little confused.  We are offering normal betting activity with a bonus released based on the activity of the player.  The 6 BTC is the nominal maximum amount a player could receive from the bonus.

Im very interested in the speed issue you raised in relation to the loading of some match pages.  If its not to much to ask could you list the pages that you had a speed issue with so that we can attempt to address that, we are always trying to improve the player experience.

Thanks for the feedback.

Oh I have forgot about the ICO you guys where trying to run before, that might be the reason why I am not seeing those free 100 MBET token in my dashboard today  ;D ;D

Yeah I got that so minimum amount of bonus we can redeem is 10mBtc ?

We paid out all players that where eligible and had MBT tokens in ETH.  We thought it was only fair, since they helped us test the system, of course there were some guys that just camped on the 100 MBT's and there were others that had numerous accounts we didnt pay either of these groups.

We made the minimum 10mBTC so that the bonus would be substantial.  If the community would like to see the bonus be shifted to 5mBTC for 5000 points this is something we would entertain.

Yes, sure. At first I tried loading DaVinci codex. It took about 30 seconds to load (maybe that is not that much but it is still a lot longer than it usually takes for a page to load). Tesla gets loaded for 15 seconds, Cleopatra - almost 30 seconds. The spins in these games work at normal speed and all the animation is just fine. I guess all these games in the Slots section are loaded a bit slow, whereas all other pages are loaded in less than 5 seconds, so in general this website works fine for me  ;)

thanks for that

This bonus offer is absolutely misleading, because customers will be not able to even wager and receive a fraction of it! And how many customers read the terms and conditions? Maybe 1%? This promotion is clearly for people with a lower IQ range and this together with the circumstance that you are only since one week on the market, it looks like a deposit trap!

Their bonus terms is quite unique but I will not say it as just deposit trap, this sportsbook is around here for quite some time from beta to now full launch and many have already tried. I think I also have one account there but haven't played with real bitcoin.

This bonus is not mandatory one and it will not lock our initial deposit so I don't think we have to worry about getting stucked with wagering requirement.

Im sorry that you think so poorly of your fellow community members, to think that they wouldn't review the bonus terms.  Our link for the promotion takes the player directly to the page that has the details of the bonus on it. 

Our bonus is not about someone getting a lump sum bonus once, its about rewarding our players all year round. 

Also I find it a bit hypocritical that you are having a go at us for being a new operator, when your signature sponsor is an operator that is in "BETA"?????

Maybe deposit bonus .. but gonna check this out ..
Wow 6btc bonus ..

This promotion is useful if you bet regularly in a sportsbook. Although it takes a lot of bet before you can unlock the bonus, it is still a better deal than most sportsbook where you don't get any bonus even if you make lots of bet.

Ok so we have launched our affiliate program. I don't know if this is the right place to announce it (if not can someone point me in the right direction).

I will add screen grabs and a training video over the next few days, if anyone has any questions feel free to PM me.

You can access the program here:  https://partners.mbet.io

The offer seems to good to be true, by depositing just 5 mBTC into your account on the site, the user will get a 6 BTC welcome bonus from the admin, with the points system used by the site to finish up the bonus before users are allow to withdraw, it would take a super long period of time to complete that requirement.

The player can withdraw their deposit at any time! 

The bonus will be released as the points are earned, the bonus is about rewarding players all year round.  Every time the player earns 10000 points we will release 10 mBTC into the player wallet, the player can choose to withdraw that 10 mBTC or play with it.  We are not saying that the player will guaranteed release the full 6 BTC that will depend on how often they wager.

We will also on occasion run extra bonus point promotions that will make it faster to receive the 10 mBTC increments.

It is not too good to be true if you understand how the bonus works, as it is a hard thing to do to get the bonus points and get 10mbtc for every 10,000 collected points. The bonus is released per 10k points so if you are a regular sports bettor, I think it wont be so long to collect 10k points.

Okay, the bonus thing seems very logical and fair, but I do think that you should sign a message to confirm having 6 btc as well as provide some evidence that withdrawal from the website is really working. Don't get me wrong, I don't think you are trying to scam people but given that you're a newbie on this forum there isn't much for you to risk with the trust if something goes wrong. Why not to do that? I am sure it would encourage people a lot more to use your website.

You can make a poll about customers reading the terms and conditions and you will see that over 90% will not read it prior to depositing money!

If you want to reward your customers all year round then reload bonuses or VIP programs are better than promoting a first deposit bonus that can be never cleared.

"BETA"? The Jetwin sportsbook is surely since several years on the market.

@Tenderino  I would like to take the opportunity to defend the people on this forum, we have found them to be informed and helpful. 


They are NOT as you suggest all low IQ!


Im glad to see that you revised your numbers up from the 1% of users you first claimed read terms and conditions.  Our studies tell a very different story, that is; if you direct a user to the terms and conditions rather than hiding them and make them short and concise then most will read them.

We take your comments on reload bonuses and VIP programs on-board, but we stand by our promotion and believe that without a doubt that this is the best way to reward our players.

@kryptqnick    Let me assure you all players are getting paid.  You know as well as I do, the moment that we don't pay someone the forum will be the first to hear about it.

The only way we can prove to you that people are getting paid is if they come in here and confirm they have been paid, that's something I cant control.

Thanks for your input.

I spoke about your potential customer audience and not about the people on this forum! Wow, I deposit 10mBTC and will get 6 BTC as a bonus. No one clear in mind can believe that nonsense and they will indeed never see even 1% of that 6 BTC.

You can gladly publicise the result of your read the terms and condition studies, as I have never seen any, but reading the posts on this forum the number must be very low.

What are you terms and conditions for withdrawing ? Would you ask for documents/proof of identity of requested high withdrawals ? Is there a way to check the bonus is being distributed at regular intervals ? You know ,people like trans

[quote author=mBet_Shaun link=topic=2516933.msg25705827#msg25705827 date=
We are not going to promise the biggest bets, we are not going to give you first class tickets around the world, what we will offer is a great bonus with heaps of sports, stacks of leagues and a huge range of markets. We also accept bets in Bitcoin, Ethereum, Litecoin and Dash.
[/quote]
I see what you did there ,yes sportsbet.io are scammers.I hope you guys can become better than them by being transparent.

There's a progress bar that shows up in your navigation that tracks your bonus progress, that'll keep you up on the intervals you'll be receiving the bonus. There's no turnover requirements, see our Terms and Conditions (https://mbet.io/Policy/TermsAndConditions) for the specific rules surrounding withdrawals.

then feel free to not participate in this bonus promotion
all customers should read terms and conditions,what are you talking about? if you deposit to a site you have no idea what to expect from
i.e. you do not know if they even allow you to withdraw in your country of origin then you are low IQ indeed
this bonus is way better than the usual "deposit xxx and wager xxxxx times before withdrawing"
also something new and creative,well done!

Thanks for clearing this thing up for me so I will know how much I should need to wagered around

For OP, you said that there is min deposit around 5 mbtc to claim 6 btc, how about if I deposit more thsn 5 mbtc? The chance to get 6 btc will be increase? And how long this promotion will do?

5mBTC or 5 BTC will all give you the same bonus balance.  The promo is not about how much you deposit it is about how often you bet.  We will always have a similar bonus, the bonus balance will vary at different times.

I have to agree with you on this statement on the bonus terms being unique. Sometimes you get the people who just want to say negative reviews for anything it seems like without any proof. Now i know the bonus is not something that is earth moving compared to many upfront bonuses but at least something is being offered to players.

where slots game? i just interest with slots game in mbet with cheap minimum bet, but now, slots game are missing from this site

Fundamentally we are a sportsbook but we will bring back slots after an update to the slots interface. 

The bonus claims are 100% click bite.
But the bonus makes sense if you bet and wager a lot. Similar bonus with very very similar terms have Cloudbet from years (5 BTC Welcome bonus). The bonus is equal to 1.25% cash back on odds >2.

P.S. Just checked the site:

BUT odds are terrible... 7-9% cut-off @ on Ameicans. LOL

Sites who offer these kinds of amounts as a total win with to do with deposits, need to add this sort of thing so to have the player keep betting.
It is a tier system so the more you bet the more you level up so to get to the bonus stage in order to receive the bonus in the first place.
Usually you get only about 10%-17% of what you actually spend when you are claiming for bonuses to be paid out.

Wow that's awesome, because other bonus will locked your deposit will try to play in your game. How much the withdrawal fee from your site? and how about the house edge?

The house edge varies from sport to sport and league to league.  If you take NFL as an example we open the Money line at around 4% and get tighter closer to the jump.

Our withdrawal fees are fluid with the environment but as an example is about $0.30  Eth is around $1 Dash is about $0.4

But if you often wagered but you do not have enough wagered you can't get those points to get the 0.01 btc bonus right? This is the problem anyway, you need to have enough bankroll to roll that much to get those points. I think panjul already give the calculation anyway so by only having like 5 mbtc there is no way to wager for that huge amount

The only way to wager that amount with small deposit (5mbtc) is by keep on getting winning bets :) It is not impossible but it is just not an easy task to do especially if you have to bet on high odds on sportsbetting. Or by getting a great winning on slots game on your very first bets before you lost all your balance, but the casino games are not available now. I'm sure the game was there but I cant find it anymore.