Below is the email that everyone this affected received:

Dear Player,

BetABit.Casino decided to remove the initial sign up bonus offering credits from a select number of accounts due to a number of factors. Faucet rewards have also been temporarily disabled.

If this has not affected you then please just ignore this email.

Those affected will have there balances reduced for the exact amount of bonus offered and any profit derived from the bonus.

Understandably this will cause some upset, however please understand that players were trying to abuse the offering, which has resulted in the change. We further believe that 'bonuses' make it more difficult for players to manage there accounts and wagering limits and as strong supporters of responsible gambling, we believe that players have a more 'realistic' gaming experience without the use of a bonus.

However this decision may change in the future please accept our apologies for any inconveniences caused.

The Casino will continue to operate normally and you can check for any updates on our faqs page of any changes in the future: https://www.betabit.casino/pages/Faqs.

Thank you for playing at BetABit.Casino

Support
http://Https://www.betabit.casino

Quote - Good To hear that you removed the Sign-up Bonus system. Since Players have to play with points, not with selected currency. So it's better to remove the sign-up Bonus.

I just Visited your website again. And Saw, Dice Has Maximum Win Chance of 50% And Payout is 0.8 at 50% win chance.

Most of the Dice Has a 98% Win chance And the payout is about 1.01x for 98% Win Chance.

Could You Please explain?

Dice has now been adjusted too payout 1.00x for 98% win chance.

Numbers were initially set wrong - apologies

Thank you Cav, I'm trying to do exactly that - be transparent. I'm not coming with massive sales pitches or lies about my product.

What I'm offering works and I've been open with you guys from the start - I've changed many things as per your requests, but there are always 2 sides to the coin and unfortunately not everyone is always happy.

However I'm trying to take a different approach and be as open as possible, however ultimately I have a business to run and some decisions are tougher than others but that's business!

The fact that I'm here means that I'm ready to back my site and offer the best I can, and if people can't trust that then I cant do more.

The scrutiny has definitely slowed down on this thread barring a few that shout scam for every blip! However don't see many of those speaking earlier trying out the site so not sure what to do next.

I kindly ask that if there is any problem with the site, payments, discrepancies, or whatever - can you PLEASE WRITE ME AN EMAIL FIRST or at least try to resolve the issue and give me a day or 2 to resolve before screaming scam all over the internet and ruining everything good that I am trying to build.

Thank you

Yes - Everyone who signed up with the initial bonus - your bonuses have been removed as per the change on the sign up bonuses - no deposits were removed from any user - only the sign up bonus.

Please read the previous messages - this has all been discussed and updated on our faqs page.

Please stop slandering me for being a scam unless you make a deposit and are unable to withdraw.

You all complained about the signup up bonus being too much and a scam - and now when I remove it I am a scam too - cant win with some people.

I definitely will upgrade on here - time isn't really my friend right now though, want to see some positive results before I progress...

Minimum deposits and withdrawals are now set to $10.

Thanks

I personally don't see $50 as a high risk amount of money and think $5-$10 isn't really enough to test. However I will test the waters on this one and be flexible. Ill work on getting all the numbers down. Maybe that way we can see a thousand deposits and go from there! Just don't really see how there is a real chance to make a decent profit with $5 but there is always a chance I suppose.

Anyway I'll update when the changes are made...

Thank you Sovie

Both email encryption and payment encryption setup and tested.

Site is also running a valid ssl certificate. No fiat deposits are accepted on the site and no personnel information is required other than a valid email address.

Hope this settles your security question.

Ms Kaelynn Mann - is a test bot that was used to get rid of the 0's on the site - hopefully someone real will replace her very soon!

I've had some interest from a few players over the weekend - some good some bad.

Updates

Shiba Inu has now been added as a deposit and withdraw method - (I just had to add it, love the coins potential!)

Previously withdraws were only in Bitcoin however I believe there is a possibility to withdraw in other currencies as per deposit methods.

Theme changed from dark to light - maybe that will lighten up the look a little, who knows.

Bet limits were also reduced to a lower amount of $250 as requested by a few of you - once player liquidity comes on board then this will increase.

Minimum deposit amount was reduced to $50 as requested - same for withdrawals.

Also made a few videos of gameplay on a few of the main games, just so you guys can see how it all operates etc.

Hope this meets closer with you guys and your recommendations - look forward to seeing some of you as players soon...

Calling me a scam after all the responses I've given and the very fact that I came here in the first place to openly discuss all these issues and concerns is extremely unfair and out of order. Slander without evidence is suable in a court of law. Please provide evidence.

Regarding withdrawing in Bitcoin, i use coinpayments.net for the transactions and the api im using seems to only pay in bitcoin, no other reason unless anyone out the can help me adjust the api differently to allow for different currency withdrawals.

Yes currently one man, however I do have a service team ready and available for support should it grow. To be honest though, once everything is set correctly and faqs page is finished, everything should practically run by itself. Maybe would need a couple of guys offering support via email, not sure. Obviously if there was a massive spike then I would have to take a more structured approach regarding employees.

In fact, you actually have me thinking that maybe its a good idea to lower the maximum bet amounts to a more reasonable level so that my bank roll can keep healthier.

I think perhaps a $250 max bet is more reasonable as opposed to $1000?

Question regarding liquidity is a good one. I have been investing in various cryptos for the last 10 years. My current bank roll is close to 10 bitcoins.

However understanding the nature of a casino, you will realise that the chance the you will deposit $1000 off the bat, bet one max bet spin on a slot wheel and hit the jackpot is rather unlikely, however there is liquidity there and I would pay it.

However I am am sure by that point that there will be some unfortunate players that lose in order to pay the players that win. Just like buying and selling with trading. All the concepts are the same, there has to be a winner and a looser.

The casino takes the slice in the middle, just like an exchange or bank, its fair and everyone is happy.

Not sure why any casino or financial site should just be expected to hand out free money to everyone!

All in all I can't please everyone, but in order to make an honest review, people should back there comments with trying out the site instead of just name calling.

Thanks for all your comments so far, you have all given me plenty to think about.

Faqs page now created as requested

https://www.betabit.casino/pages/Faqs

Signup bonus removed.

Perhaps I'll use the Faqs page to better explain all this, thanks for the heads up

Its a good idea to have a FAQ section, ill try getting this added asap.

And regarding withdrawing the credit bonus on sign up. I'm sure that there is no casino on this earth will just hand out free money without the user making some type of deposit. I'd like to see a model like that!

Perhaps from the comments it sounds like scrapping the sign up bounus may be a better idea going forward.

Hi, both the above sites are nothing to do with us. Betabit.casino is the name

Congratulations to El Savador on taking the forward steps into Bitcoin incorporation.

Seeing as Bitcoin was released back in 2008, its about time there is some serious acceptance of this nature.

Its definitely game changing for the crypto world as a whole.

Had our first player in our casino from El Savador a few days ago, good to see that Bitcoin is flowing there nicely.

Hopefully other countries will follow suit and if that happens then expect prices of many assets to rocket.

Thank you for highlighting the withdraw amount discrepancy error - this has now been updated and minimum deposit and withdraw are set to $100 - 100 credits.

Bonus is now reduced to 500 on signup

100 for email confirmation.

Thanks

By the way, if there is any constructive criticism or ways you think I could better the site, then I'm more than open to accept respectful feedback.

Thanks