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Ok - As we mentioned earlier, looks like we made a mistake with rounds #2 and #3 in the March Madness Squares pool
Below is the updated winners list for Round #2.
0-3 - CFMS *
0-9 - hjbuell
1-4 - geniusboy91*
1-6 - ranchpowder *
3-2 (3) - 2008rain *
4-4 - delexis44 *
5-2 (2) - timw07 *
5-6 (2) - southpaw0 *
6-2 - bitworth *
6-3 (2) - fishtrader1 *
6-4 - frumpy *
6-5 (2) - jtimon *
6-6 - NiggasWitGuns *
6-7 - belt *
6-8 - deborameeks *
7-0 - glorg44 *
7-5 (2) - kingofsports *
7-6 - octopus41092
8-2 - eatchicken *
9-0 (2) - soupmoney *
9-3 - durkajones *
9-5 - hamster13 *
9-6 - 1gallon *
9-7 - bitboy11 *
* indicates their account has already been credited. Highlighted in bold are folks we missed. Anyone that was mistakingly paid previously can keep the mBTC we credited as a sign of good-will, doubt you'll see much of that in this forum.
Round #3 corrections coming up shortly
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And... As we mentioned earlier, looks like we made a mistake with rounds #2 and #3 in the March Madness Squares pool
Below is the updated winners list for Round #3 - winners received 20 mBTC!
0-4 - exther
1-8 - stefanv1993
2-5 (2) - hankerson *
2-6 - oureptsC *
3-8 - frankthetank *
4-1 - Cowboys4Life117 *
5-4 - polermarchus
5-7 - partypooper42 *
6-3 - fishtrader1 *
7-8 - victorhing *
7-4 - Tulkas *
7-8 - victorhing *
8-5 - sagrid
8-9 - Mayuyu48
9-9 - gamblerDB *
* indicates their account has already been credited. Highlighted in bold are folks we missed. Anyone that was mistakingly paid previously can keep the mBTC we credited as a sign of good-will, doubt you'll see much of that in this forum.
Round #4 and #5 will be credited by Monday for the Free Pools!
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Ok - As we mentioned earlier, looks like we made a mistake with rounds #2 and #3 in the March Madness Squares pool
Below is the updated winners list for Round #2.
0-3 - CFMS *
0-9 - hjbuell
1-4 - geniusboy91*
1-6 - ranchpowder *
3-2 (3) - 2008rain *
4-4 - delexis44 *
5-2 (2) - timw07 *
5-6 (2) - southpaw0 *
6-2 - bitworth *
6-3 (2) - fishtrader1 *
6-4 - frumpy *
6-5 (2) - jtimon *
6-6 - NiggasWitGuns *
6-7 - belt *
6-8 - deborameeks *
7-0 - glorg44 *
7-5 (2) - kingofsports *
7-6 - octopus41092
8-2 - eatchicken *
9-0 (2) - soupmoney *
9-3 - durkajones *
9-5 - hamster13 *
9-6 - 1gallon *
9-7 - bitboy11 *
* indicates their account has already been credited. Highlighted in bold are folks we missed. Anyone that was mistakingly paid previously can keep the mBTC we credited as a sign of good-will, doubt you'll see much of that in this forum.
Round #3 corrections coming up shortly
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yea, sorry to give you a bad impression on the free promotion we are offering  Expect the payouts to be completed tomorrow COB, we'll update the thread. We are working on it, recall this was a free pool, so other items - like re-doing our wallet implementation is taking precedence. Folks - Looks like we goofed on the payouts for March Madness Squares, using Home and Away instead of winners and losers.
We will make be making the adjustments shortly, so bare with us.. We will update the winners list in this thread once we are completed.
As for deposits, seems as though the BlockChain.info API which we leverage is running into issues. Noteworthy, there were several hundred attempts of double-spending this AM which is most likely the cause of the BCI outage. We are working with them on a solution - please contact support for any transactions which have not been credited!
Still not paid for the first round win........................ No worries, you said you were crediting correct payouts 2-3 days ago though. Don't give a timeframe if you don't meet it, bad impression |
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We are working on it, recall this was a free pool, so other items - like re-doing our wallet implementation is taking precedence. Folks - Looks like we goofed on the payouts for March Madness Squares, using Home and Away instead of winners and losers.
We will make be making the adjustments shortly, so bare with us.. We will update the winners list in this thread once we are completed.
As for deposits, seems as though the BlockChain.info API which we leverage is running into issues. Noteworthy, there were several hundred attempts of double-spending this AM which is most likely the cause of the BCI outage. We are working with them on a solution - please contact support for any transactions which have not been credited!
Still not paid for the first round win........................ |
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No - that's not what we are saying at all. Deposits are delayed, simply because we use the BlockChain.info API and they have a known outage which they are working on. Withdrawals are working 100% fine. Folks - Looks like we goofed on the payouts for March Madness Squares, using Home and Away instead of winners and losers.
We will make be making the adjustments shortly, so bare with us.. We will update the winners list in this thread once we are completed.
As for deposits, seems as though the BlockChain.info API which we leverage is running into issues. Noteworthy, there were several hundred attempts of double-spending this AM which is most likely the cause of the BCI outage. We are working with them on a solution - please contact support for any transactions which have not been credited!
Wait, so you are saying that Casino is not working at 100% and we can't withdraw? Does it error only apply for people who already had coins in your system or new players who are playing right now are affected as well? |
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Noteworthy, per our screw up in March Madness Squares - anyone that's already been paid using the current methodology can keep their bonus as well.
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Folks - Looks like we goofed on the payouts for March Madness Squares, using Home and Away instead of winners and losers.
We will make be making the adjustments shortly, so bare with us.. We will update the winners list in this thread once we are completed.
As for deposits, seems as though the BlockChain.info API which we leverage is running into issues. Noteworthy, there were several hundred attempts of double-spending this AM which is most likely the cause of the BCI outage. We are working with them on a solution - please contact support for any transactions which have not been credited!
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Congrats to the round 3 winners in our March Madness Squares Pool! 20 mBTC (1%) of the prize pool has been credited to the followin accounts! https://www.casinobitco.in/squares/2-5 (2) - hankerson 2-6 - oureptsC 3-8 - frankthetank 4-0 - faince1985 4-1 - Cowboys4Life117 4-5 - biladelph 5-7 - partypooper42 5-8 - jeffthebaker 6-3 - fishtrader1 7-4 - Tulkas 7-6 - octopus41092 7-8 - victorhing 8-1 - Brimskie 8-9 - Mayuyu48 9-9 - gamblerDB |
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Congrats to the round 3 winners in our March Madness Squares Pool! 20 mBTC (1%) of the prize pool has been credited to the followin accounts! https://www.casinobitco.in/squares/2-5 (2) - hankerson 2-6 - oureptsC 3-8 - frankthetank 4-0 - faince1985 4-1 - Cowboys4Life117 4-5 - biladelph 5-7 - partypooper42 5-8 - jeffthebaker 6-3 - fishtrader1 7-4 - Tulkas 7-6 - octopus41092 7-8 - victorhing 8-1 - Brimskie 8-9 - Mayuyu48 9-9 - gamblerDB |
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Congrats to ALL March Madness Winners thus far, below is the list of "Round 2 (round of 64)" Winners - All accounts have been credited. https://www.casinobitco.in/squares/0-3 - CFMS 1-4 - geniusboy91 1-6 - ranchpowder 2-5 - hankerson 3-2 (3) - 2008rain 3-6 - renkcub 4-4 - delexis44 5-2 - timw07 5-6 (2) - southpaw0 6-2 - bitworth 6-3 - fishtrader1 6-4 - frumpy 6-5 (2) - jtimon 6-6 - NiggasWitGuns 6-7 (2) - belt 6-8 - deborameeks 7-0 - glorg44 7-5 (2) - kingofsports 8-2 - eatchicken 9-0 (3) - soupmoney 9-3 - durkajones 9-5 - hamster13 9-6 - 1gallon 9-7 - bitboy11 FYI - Paid Squares have been refunded, and we are working on getting the pay out for Round 3 updated shortly! |
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Congrats to ALL March Madness Winners thus far, below is the list of "Round 2 (round of 64)" Winners - All accounts have been credited with 10 mbtc (2000 * 0.005) https://www.casinobitco.in/squares/0-3 - CFMS 1-4 - geniusboy91 1-6 - ranchpowder 2-5 - hankerson 3-2 (3) - 2008rain 3-6 - renkcub 4-4 - delexis44 5-2 - timw07 5-6 (2) - southpaw0 6-2 - bitworth 6-3 - fishtrader1 6-4 - frumpy 6-5 (2) - jtimon 6-6 - NiggasWitGuns 6-7 (2) - belt 6-8 - deborameeks 7-0 - glorg44 7-5 (2) - kingofsports 8-2 - eatchicken 9-0 (3) - soupmoney 9-3 - durkajones 9-5 - hamster13 9-6 - 1gallon 9-7 - bitboy11 FYI - Paid Squares have been refunded, and we are working on getting the pay out for Round 3 updated shortly! |
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March Madness Squares is Live for our Free Pool! Check out the number you have (all tourney long), and good luck! https://www.casinobitco.in/squares/?val=1Looks like we didn't get enough players in the paid pools, so we will be refunding users their balance over the next 24 hours! |
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You'll have to run through the P&Ls to find that... It's there. We only share company reserve details with unit holders that own at least 5% of the units on Havelock or 1,500,000 units. Just share your Havelock username with me over PM and I can get your the hookup. We do this for a variety of security reasons, and you know... public companies on Nasqaq don't just let their investors know what their account number and balances are, if you don't trust our operational reports - no one is preventing you from selling your units on the Havelock marketplace. Feel free to follow up via e-mail, or IM if you have further concerns or questions. We are well funded, and have confidence in where we are headed regardless of losses in the Sportsbook, which again - were insured.
Just to be clear: of the net -68.8262 btc loss over the last six months, how much of that is covered by insurance? Where can I find information regarding the size of the company's remaining reserves? Thanks |
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Correct, it's not massive - especially as it relates to the amount of bitcoin raised on Havelock during our offerings in 2013. We are well funded, and have confidence in where we are headed regardless of losses in the Sportsbook, which again - were insured. We have no intentions of going anywhere, and if you tracked our development progress you'd know we continue to move quicker on making strategic changes to both the CasinoBitco.in and Peerbet applications as we believe Bitcoin Gambling IS the future. Being an early, trusted, leader in that marketplace is paramount for our success - and our unit holders success. So casinobit.co is net -68.8262 btc over the last six months. It's not a massive amount (~$19,864 at today's rate), but it must surely be a concern for you and the other investors.
Given the relative consistency (i.e. of losses each month), what is your opinion as to how long you can keep the business afloat? If you are eating into company reserves each month - or throwing your own money at the project - how long can you keep that up?
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We have plenty of reserves to cover the limits we allow, and we were also insured in the Sportsbook with the 3rd party. You'd know that by reading the monthly reports in detail of course. Now, if you've spent 5 minutes in the gambling forum, you'd be well aware that if we were a scam, or had any risk of paying customers, there would be at least 50 people jumping on us claiming we are running with the funds - literally every other thread has those accusations! But instead you'll find that we are a well-respected bitcoin casino and book that's been operational for 2 years that continues to add new features and options for our players. Just last month we paid out nearly 200 btc to large bettors in our sportsbook as they were forced to check out alternatives since our margins were altered by our third party. https://bitcointalk.org/index.php?topic=717790.msg10744612#msg10744612The team here is more than happy to have an intelligent debate, but not with folks that spread FUD for the sake of it. Another report, another enormous loss/expense in one area that decimates any gains in other areas.
Serious question: how long can this go on? What level of reserves do you have?
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Woo hoo!!
Wait till our next version of PeerBet.org is launched!
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With the tourney seeds being set today, spots are running out in our 100% FREE NCAA March Madness Squares Giveaway where you can win your share of 2 bitcoin, no strings attached! Check it out here - https://www.casinobitco.in/squares/indexIf you miss out on the Free Pool, don't fret - we have spots open in our 0.05 and 0.1 btc pools, with guaranteed prize pools of 5 BTC and 10 BTC respectively! The game itself is easy, and fun, generating action for you all tournament long! All you have to do is buy an entry and look for games ending in your assigned given score on the left and top axis for each game. It's simple - Click here for more info. |
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