Bitcoin Forum

BitBook: Start Winning Even When You Lose

https://www.newsbtc.com/press-releases/bitbook-start-winning-even-when-you-lose/

The 20th century was characterized by the active development of information technologies and individual devices. People have a lot of smart products which can help simplify work or enhance daily entertainment.

The scalable changes haven’t bypassed one of the most popular industries, gambling. Players all over the world enjoy online casinos and make bets to get winnings. But sometimes, not everything goes as smoothly as possible. Despite significant inventions, the gambling industry has room for improvements, and most gaming issues need resolutions.

What Are The Pitfalls Of Gambling?
There is no smoke without fire, and gambling is no exception. The reasons for this situation are the following:

Legislation. Across the world, numerous countries are taking legal action or passing legislation aimed at limiting or outright banning online gambling. For example,  Singapore has run statewide campaigns against online gambling, while China and South Korea have closed down many illegally operated gambling sites and arrested site operators.
Frauds. In most cases, this applies to a few online casino operators whose practices damage the credibility and reputation of the entire industry. Likewise, online casino users try to use fraudulent practices like opening multiple accounts or gaining illegitimate access to bonus programs by signing up numerous fake accounts.
A 2017 study by the British Gambling Commission found only 33% of participants surveyed felt that “gambling is fair and can be trusted.” They decided fraud is a crime people commonly associate with gambling. The problems cause distrust, and it can both hinder new users from joining this market and make existing users hesitant to make further deposits and continue their online gambling.

To avoid these issues, companies began to implement blockchain solutions for their online systems. The technology allows decentralization of data and reduces the probability of unintended fraud attacks. Because of the way in which blockchains are set up, any record (transaction) passing through the chain needs to have the correct value in each block. This results in a much higher level of fairness, accuracy, and transparency.


Blockchain + BitBook = A Revolutionary Combo
BitBook began in December 2016. In this short time, the company has established itself as a Bitcoin-only, online casino amongst a worldwide audience of passionate players. The project provides users with different betting and gambling experiences. The primary goal of the company is to create a solution that is not only more fair, safer and cheaper than traditional sportsbooks, but also to provide players with better margins by paying them back through payback on losses and advanced token economic mechanisms. 

Bitbook offers a sports betting solution and advanced casino games at the same time. Its betting options and casino games are more advanced and miscellaneous than traditional gambling and betting solutions. The project offers a variety of games and betting options through the Sportsbook. The casino has 200+ games of different kinds, over 150 slot games and 9 different versions of roulette. The Sportsbook offer users the ability to place bets on the outcome of sporting events and functions worldwide from their computers and mobile devices. Football, soccer and basketball are some of the most popular categories among sports bettors.

Bitbook games are fully transparent and licensed by well-known, online casino providers like Betsoft, Bgaming, and Isoftbet. Moreover, the company doesn’t require credit card information and personal data. In this way, it reduces the risk of sensitive information being stolen by scammers.

Through the Bitbook platform, players can get  BXK Tokens and exclusive bonuses not available for other cryptocurrencies. Lower transaction costs allow Bitbook to offer this exclusively to its BXK Token users. The primary purpose of the token is to enable holders to purchase goods/services with it, and it is therefore classified as a utility token. Using the BXK token gives players the advantage of lower prices for participation in the games as well as further bonuses including loss compensation, exclusive giveaways, and lotteries. The gamblers are able to withdraw their winnings and receive them within a few hours in their cryptocurrency wallets where they can convert the BXK Tokens to other cryptocurrency or withdraw them in the currency of their choice.

The main benefit of BXK Tokens is that they provide 10% return on monthly losses for their holders. The Bitbook rate for sports betting starts from 5 to 8% and 2 to 2.5 % for casino games (card games and slots combined).

The New Gambling Era Is Coming
We are witnesses to significant changes in the gambling and betting system. Current issues in this field don’t look terrible when players have an incredible hero like BitBook. The company strives to develop a new gambling platform and to build a safe place with new profitable features for every user. Do not miss your chance and get your prizes right now!

I have not seen any side that is beneficial for the user. Gambling has always been dominated by dealers, casino owners or entertainment venues have always been the ones who have benefited the most. Controlling machine patterns, controlling gamblers' thinking, controlling the system. Is gambling still 100% fair and honest?

On the news about the platform it is mentioned as a binding of blockchain with the gambling platform providing with safer and cheaper way to gamble. Also, it is described about the number of games available for the gamblers. And a new technique of loss back is mentioned, I didn't understand clearly about the feature. Importantly they've come up with their token that can be used to gamble and for eliminating the transaction fee on the bet amount transactions. Much advanced gambling services were available in the market. Now how this is gonna contribute seems really a myth.

Very interesting the idea, it seems a project to follow very intersting project

It may be cheaper but they're not the only one who come up with an idea but I didn't see any similar feature where you can earn 10% of your monthly losses in other online casino out there. I only found an affiliate program where you can earn much more than the 10% of monthly losses unless you are a spender (the higher you lose money the higher you earn.

What do you mean? I don't understand what you're trying to tell.

Who is the operator?

Excellent casino with a smart approach to the players. BXK Token will be valid.

Very interesting the idea, it seems a project to follow very intersting project! I like this project!

The power of blockchain technology at the service of players is one of the best advances that gives quality and peace of mind to users. Bitbook a project to keep in mind

At least some of the money I lost to get back was legendary. ;D ;D ;D
But I still find it provocative ::) ;D :D

Regarding loss back or payback, Bitbook.ag actually has their own utility token and I think some of the profits they receive will be distributed to their token holders. Or maybe those bets where the player loses, may able to get a portion back by holding utility tokens.

50% or more would be better for losing i believe. If bitbook wants to promote it then it should be greater than or atleast 50%. more than 50% would be a positive promotion!

Not enough markets when it comes to sportsbooks. Online Chat Support seems to be fairly active and have more or less answered my questions. I would like a lot more markets to bet on though. Giving 150% first deposit Bonus but it comes with terms and conditions. 150% deposit upto 1BTC but you need to rollover 25x on Sportsbook and casino to be able to withdraw. Which I think is a lot.

That's how deposit bonus works, it does give an edge to the house as they calculate it very well already. If deposit bonus gives you higher chance to make profit then all casinos will go bankrupt :)  In this case, since it is about sports betting and if you are a well experienced sports bettor so I think it wont be that hard to complete the wagering requirement.

Please be aware that the team operating this was nothing but a fake, likewise the OP had already been red tagged.


Don't bother to use this site.

"There is no smoke without fire" this was your words and can be applicable to your profile questionable character. The legendary was able to found evidence against you and your team that you guys are fake and not legit and your are unable to the aligation wrong.
Guys be careful of the site above.

The site seemed to be new, but you cant hide any bad thing right? So did the legandary ranked player caught you in front of everyone. The above site tried to scam users and for that reason the OP got painted.
We at bitcointalk really hate that kind of shady behaviour you should already enquired OP.
Better find another place to try your luck to Scam.
Don't try this site guys.

Btc based betting platform is quite good, I think people would like it.

You've clearly payed some low-level members to bump the thread with useless positive comments. That's a bad thing to do on this forum. People notice when the reviews are not real. Moreover, the casino is accused of faking a team member, and that's a really bad start. Gaining trust of the community members is very important, and it's hard to do it even without faking info. You should rehabilitate yourself by resolving the matter with the fake member and by encouraging honest reviews. You might still be able to start over. But you should do something asap.

Be careful of op products as it was alleged that the team are all fake and they are yet to debunk the allegation level against the op and his team and I believe that will make it difficult for op to get investors via this forum except some where else.

Stay away from this Sportsbook! The OP is already red tagged and he can't even afford to have a copper membership. Team members are fake and their way of marketing is one of the worst one I have ever seen.
See the scam accusation thread: https://bitcointalk.org/index.php?topic=5109763.0

If you are talking about Bitbook gambling this site is very well known in 2018, with offers to yourself, with gambling products with a list of charities and organizations, if you suffer in this situation, do not hesitate to ask for help to calm yourself andall elements can be involved in this problem.
But now Bitbook gambling is a big problem with scamer, and fraud.

Being a 2018 website doesn't stop them from being scammers. Scammers are looking for new smarter ways of scamming, and so we should also think a step ahead before investing or using their websites.

Yeah, I like how people think because some website been in the business for a year it's totally legit, and more importantly they see 1 year of experience as a lot to exit scam for, websites with way more reputation exit scam nowadays...