We have reached 50 User Registrations in just a few days of competition / Beta!

Keep the fantastic feedback

We are an exchange not a bookmaker. This means that all the odds and amounts you see on the site are other user's unmatched bets. Take a look at example below



In this example you can see that we have a back unmatched odd 4.2 @ 1dBTC stake and a lay unmatched 4.0 @ 1 dBTC.

This is "unmatched" because one user is asking at 4.2 while the other is offering at 4.0 ---> NO DEAL

If someone comes now and wants to back here at 4.0 or lower OR lay 4.2 or higher there will be matched bets.

If you still have doubts let me know

In order to clarify a few questions users are having, we decided to make this post.

At the moment, we don’t feel it is the proper time to disclose the team behind the project, when that time comes we will do that on our own interest since confident users are a major key to our success, however as we already referred, we are at a BETA stage, meaning that we are still testing the proof-of-concept, at the same time that all procedures are still being taken care of and improved.

Our exchange platform is unique at the moment, and there is no competitor that matches our features, we allow and provide tools for trading, as we just block the minimum necessary about to place a bet, a feature we call AutoPay System, that calculates for each market  and before/after each bet is placed, the minimum exposure and allow you to use profit to bet on other selections or simply reduce your liability or your loss!

That and many other features we developed, you don’t just see in other “exchanges” as some users said, but exclusively on few big players not operating yet in bitcoin, like Betfair for example…

To conclude, and just to clarify also the situation about the commissions:
1st if you register while we are at BETA stage, you will be eligible for a 1-year 2% only commission.
2nd that commission is only charged on net winnings meaning that we don’t charge you in every bet you put as regular sportsbooks do, by adding their margin (spread) do their bets. On BetBTC you only play commission when you win.

Hope to see you all and start referring people for more liquidity. Enjoy our temporary referral commission of 60%!

The referral system is completely operational. All you have to do is sign up for an account and look for the referral page on "My Account".
When we go Live, every active user you bring during BETA (active during beta) will give you 60% commission during the first year. Then the regular 30% from 2016.

The referral system is done an waiting for you (as the whole site itself).
Start promoting BetBTC and win 60% on referral commissions for one entire year.

Nice! If you have any question or trouble with anything on the site ping here. We want to get feedback from users

The BETA is running for more than 3 weeks but the trading contest only begun yesterday!

During the last year we spent more than 1000 working hours and more than 10.000$ on consumers and others just for to develop this entire original platform from scratch.

I know it would still need some time to have users' trust, however if you just open the site and take a look, it would be quick and easy to understand that we wouldn't have all this effort building such product to scam some people, make some thousands and then run away.. We thinked big and our goal here is to achieve a big number of players, staying for the long term.

If after visiting our site it still doesn't inspire you the necessary confidence, you can still register and stay for BETA, joining the contest we are running with a bounty of 1.8 BTC for the top3, it is free to participate and you have the chance to look by yourself all our potential and features.

To reward our first users and incentive the site activity, today we are presenting you 3 advantages we will offer to the first members that join BetBTC  and participate on the BETA.

• 1 | The BETA Trading Cup (1.80 BTC prize)

When | This competition starts today and will end on 15th December 2014, 23.59:59 UTC.
Every user that signs up before the ending date of the campaign are eligible and participating.

What | The objective is very simple, be the top trader during the campaign, multiplying the 5 BTC initial balance (demo) to the higher amount you could, beating all other participants. If you can't be the best don't worry because the prize pool is gonna be divided by the Top 3.

Rules | You are only allowed to have one account and it's expressly forbidden to intentionally match your bets with friends, family or related.

Prize | The prizes will be deposited on winner's account when BetBTC goes live, the prize is non withdrawable but all profits generated from it can be. Prize pool follows this structure:
1st | 1.0 BTC
2nd | 0.5 BTC
3rd | 0.3 BTC

Contest

• 2 | Pioneer Commission (ONLY 2% Commission)

The first 100 users that register on BTC during the Beta stage and be active, making at least 2 bets (back/lay), are going to to see their commission rates reduced by 50%. This premium commission is going to be effective till at least 31/12/2015.

• 3 | Pioneer Affiliate (60% of generated revenue)

Members that register and refer at least 2 members during the Beta phase will also see their affiliate reward increase by 50% till the end 31/12/2015.
Instead of the regular 30%, the "pioneer affiliates" will be rewarded with 60% on all net revenues that their referrals generate during the whole first year.
Referral system will be available tomorrow.


See you at BetBTC

We are in no way related to that website, neither even know they existed.
Check Our BetBTC account creation date, they are old and can assure you we are working on this project for even longer!

What we can say it is that we are working very hard to secure everything and have implemented a lot of security features (2nd-Auth, Site Audit, Deposits and Withdraws Audits) as well secure the funds using Cold Storage Psychical Hardware that are already in-place, tested and ready to be used.

Nevertheless, we are working in order to implement regular Public Audits to our Cold Storage Wallets, additionally we are structuring and trying to get a solution for multi-sig wallets with nLockTime implementation as a feature in order to protect for situations like that and protect our clients' interest.

We understand all the concerns, and we accept them as valid ones (after all we are talking about "internet businesses"), however, we think everyone should give it a try, at least for now, as we are in BETA stage, meaning that we are not accepting any deposit at this moment, the platform is operating with demo bitcoins in order to users to test it. After that period in Live, we are pretty sure the Features, Support Team and Public Information and Feedback in the community from our users will talk by itself and be very positive!

Any concerns or other questions we are widely open to discuss it, feel free to ask, now it is the time!

Thanks for your feedback!

We were thinking and maybe we would decrease minimum bet stake to 0.001BTC / 0.01 dBTC on the  future when we go to early phase of LIVE.

However that's not a problem for now, you can just register your account and we will automatically credit it with 5 demo bitcoins
With that amount you can test / bet everything on the website, so you don't have to bother making any deposits to see the BetBTC functionalities (excluding deposits / withdraws).

We are working to implement horse-racing! Who knows if it will come with the Live transition  

RESERVED