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[pawel7777]

As far as I'm aware, there was at least one other member who was involved in developing Bitvest and 777Coin casinos, and that's Zodiac1233. Though he hasn't been active on the forum for a year, his latest post suggests that he's still a part of the team.

He better be haha, he's holding the majority of the site's funds (>50btc) in his cold wallet as mentioned here: https://bitvest.io/liabilities (credit to Hamphser for sharing that link)

The most important thing here is that, the casino is still acrive and providing services to their customer and to this point there is no complains and accusation against them, so it doesn't matter if if its only lightlord that is running the casino or there is other team members.

As long as their services are up to date and reaching and meeting players' expectations and satisfaction is the utmost priority.

The site can run on its own for quite some time on "autopilot", but if there's no active support, it's just a matter of time till some problems arise, most likely around hot wallets running out of funds.

Would be good if one of them popped in here once in a while, or, if they don't care about monitoring this thread, they could just say so.

[milewilda]

This thread was a hot thing I think a year or two years ago because of the hot wallet issue and thing. But then, I started to see that it's no longer like from this time or is it because they've got lesser players so complaints have became less already. Otherwise, the operation is running smoothly.

Their inactivity plus lacking of marketing affects their casinos performance so maybe this is the reason why the number of gamblers keep declining to them. This is supposed to be the old and cool casino before but now it seems their fame has been fading out and they have been near of their downfall, if they could just return their promotions or the marketing like reviving back their long time running sig campaign maybe they can get back their exposure to this forum.

I drop by there from time to time and it is definitely sad to see where it's gone. It used to be a fairly large site overall and now the volume is abysmal. Plus reading about LL not being responsive and everything is a bit concerning, so I doubt most people would trust it with many funds at this point.

You sure have a point, Bitvest was indeed one of the most vibrant casinos i knew of on this forum, they were really popular most especially in the days they had their signature campaign still active , but suddenly, after they closed their signature campaign, LL stopped posting here, and even up until now, it seems no member from the Bitvest team has ever come here to share with the community what is really going on, But the goodnews is that the site still online and from the activities, we can see that some person are still doing their gambling there, though this is what i personally would not do, but still, i would advice any body that wish to try out this casino to do so by starting with very minimal amount first, and make sure to try the withdrawal and pay attention on how long it took to receive the coin to your wallet, this should at least give an idea of how heathy the casino still is.

Remembering those years that they are one indeed the most popular which is Bitvest and 777 and their signature campaign does have lots of participants but as years passing by on which development and changes
plus those tough competitors do really make some good stir into this market.We didnt even see that Bitvest did make some overhaul which its design do end up on being that could easily be kicked up out of the competition.You could make out that huge comparison in between GUI/GUX which is really that different.Some say that why would fix if its not broken but we know that competition becomes fierce
as years going ahead and as a business owner who doesnt have plans about having some overhaul then sooner or later you would really be losing players.

[Wiwo]

---

When we do speak about against competitors or simply with the current competition in the market today then for in terms of profitability and overall bankroll that they do have but only a few does really have an

offering for which people could make out some investment to have at least some profit share in every month and most of them are stand-alone and doesnt really need one.There are ones who had started on getting some investors and later on they had closed up that line and operate solely which is understandable but on Bitvest case, they are still that continuing despite of the long time running which is really good.
Of course to those who are indeed sticking into this company and still seeing some progress and gains then it would be normal that they would be hanging around further.

I guess one of the reason for the casino to put a stop to most of their promotions and marketing is because they have already gain several loyal investors and their need for their casino operation to run smoothly without any cause for public noise, the light lord has shown to be an experience old player in the gambling business and he has been actively involved in the running of thos casino in the past which have built-in him the wealth of experience and expertise he employs in running the casino stress freely and effectively.
*bankroll is one of the oldest investment features on the site and to this point, there have done well and I must commend them on that.

[pawel7777]

...
I guess one of the reason for the casino to put a stop to most of their promotions and marketing is because they have already gain several loyal investors and their need for their casino operation to run smoothly without any cause for public noise,

Investors are there for profit, not loyalty. If there's no activity, then there's no profit to be made and they'd be just keeping their funds with 3rd party for no reason just taking unnecessary risk. Plus, from the site's perspective, having a "few" key investors is highly undesirable, as there's a risk of some of them pulling out at the same time, meaning the max winning would have to be massively reduced, to the point of site becoming unattractive to play.
Active players and their loyalty is what really matters.
No idea how is BitVest generating traffic though. Word of mouth could be a powerful tool, but probably they would have to launch some marketing campaign once in a while, for brand awareness and to bring more people in.

[Shamm]

...
I guess one of the reason for the casino to put a stop to most of their promotions and marketing is because they have already gain several loyal investors and their need for their casino operation to run smoothly without any cause for public noise,

Investors are there for profit, not loyalty. If there's no activity, then there's no profit to be made and they'd be just keeping their funds with 3rd party for no reason just taking unnecessary risk. Plus, from the site's perspective, having a "few" key investors is highly undesirable, as there's a risk of some of them pulling out at the same time, meaning the max winning would have to be massively reduced, to the point of site becoming unattractive to play.
Active players and their loyalty is what really matters.
No idea how is BitVest generating traffic though. Word of mouth could be a powerful tool, but probably they would have to launch some marketing campaign once in a while, for brand awareness and to bring more people in.

Bitvest is one of a big trusted casino once so we can not say that they are totally empty right now they have their little customers who are still laying with them but not just the same before I think that their betting is not like before that big bets. And if bit est want to pursue their casino they I think they need to catch the attention of the gamblers first and we all know that catching more gamblers is not just easy so they need to have a good plan .

[pawel7777]

...And if bit est want to pursue their casino they I think they need to catch the attention of the gamblers first and we all know that catching more gamblers is not just easy so they need to have a good plan

They would have to do something eventually. You can't solely rely on old, loyal players to keep playing forever. People go broke, stop gambling for whatever reason, get bored, move to other casinos, die etc. I don't think organic traffic from search engines will be enough and the activity will start to wane (if it hasn't already).

And marketing actions don't necessarily have to be big and expensive. Some small things can turn very effective, i.e. posting signature code(s) in the first post, for any investor/referrer to use (if they're not participating in any signature campaign) could drive some decent traffic in. That's something just-dice did successfully in the past and they didn't even have a referral programme.

[Eternad]

Bitvest is one of a big trusted casino once so we can not say that they are totally empty right now they have their little customers who are still laying with them but not just the same before I think that their betting is not like before that big bets. And if bit est want to pursue their casino they I think they need to catch the attention of the gamblers first and we all know that catching more gamblers is not just easy so they need to have a good plan .

Bitvest is not big anymore if you will compared it on the existing big casino. It only offers house game which every casino have while it doesn’t improve its feature since the last time I visit the casino. You should not focus on the name alone but on what’s the current reality when you visit the casino. It needs a total revamped in able to catch up to competitors.

It’s very hard to catch more gamblers to play with you when you are competing with the big boys using games that is already too common for all existing casino including mediocre one.

[Fivestar4everMVP]

(...) LL stopped posting here, and even up until now, it seems no member from the Bitvest team has ever come here to share with the community what is really going on (...)

The question that bothers me is - is there actually any "team" or is it just a one-man band (LL). Has anyone had any success in getting any response outside of bitcointalk, i.e. are they responding to submitted tickets etc?

Except by now, every other member of the team have left the profit, aside this, I am trying to really wrap my head around how possible it is to operate a casino as big as bitvest alone, this is talking the bitvest we knew way back during the days they still had their signature campaign running..
I don't think LL was the only one running the casino, he must have had a group of people who were working with him on this casino, this is why I am also of the opinion that, why don't LL hand over the casino to another trusted friend to manage, rather than leave it to die a slow death like this.??
Really not cool if you ask me.

[Hamphser]

---

When we do speak about against competitors or simply with the current competition in the market today then for in terms of profitability and overall bankroll that they do have but only a few does really have an

offering for which people could make out some investment to have at least some profit share in every month and most of them are stand-alone and doesnt really need one.There are ones who had started on getting some investors and later on they had closed up that line and operate solely which is understandable but on Bitvest case, they are still that continuing despite of the long time running which is really good.
Of course to those who are indeed sticking into this company and still seeing some progress and gains then it would be normal that they would be hanging around further.

I guess one of the reason for the casino to put a stop to most of their promotions and marketing is because they have already gain several loyal investors and their need for their casino operation to run smoothly without any cause for public noise, the light lord has shown to be an experience old player in the gambling business and he has been actively involved in the running of thos casino in the past which have built-in him the wealth of experience and expertise he employs in running the casino stress freely and effectively.
*bankroll is one of the oldest investment features on the site and to this point, there have done well and I must commend them on that.

Yes, you are right on this one on which its up to their choice whether the owner or the company will decide to continue their promotions or completely stop because they had able to hit up their goal or target.

It is really just that there are people who do love to raise up some issues and trying to make on just to make them look bad or doesnt really have a good image because of what they are currently doing.

If the owner/s do tend not to make up some any noise and just decide to be quiet and wont be giving updates or whatsover then its their decision.Although its really that preferable on seeing
active interaction in between the community but it seems that they arent really that going into that path but rather going into the opposite.

[passwordnow]

Another thing is that, AFAIK, generally these bankroll investments used to be profitable before but I guess they've also changed a lot even if the market is turning bullish lately.

Yup, they used to be a big thing, but nowadays I'm only aware of 2 sites that allow BTC investments in the bankroll.
Strangely enough, them being less "popular" as investments, can make them more profitable. It's all about the wagered-to-bankroll ratio after all.

I suspect stats for BitVest presented here: https://dicesites.com/bitvest may not be accurate, but if they are, it looks pretty interesting:

I'm too lazy to manually calculate the daily/monthly wagered average, but assuming it's about 7btc/day, HE is 1% and the total bankroll (per dicesites) is 78btc - this gives:
(BTC7*0.01*365)/365=32.8% expected annual yield. And that's in bitcoin, which is likely to appreciate in value on its own in the near future.

Of course this is overly optimistic, as low HE sites often have a hard time to achieve profits at expected levels + this doesn't account for investment margins. But still hard to ignore.

So it mostly boils down to how trustworthy and reliable the owner is. Sadly, such sites tend to be one-man bands, so if something happens to that person, it all falls down.

ps. is anyone invested here and cares to share what are the real returns?

True, that it may not really be accurate if pertains to the stats as it changes at most times. I'm not invested in their bankroll but if you wanna go and continue I think you can just observe more and just go to their chat and ask people there as it seems that there's still quite a number that you can talk with. However, probably most of them aren't bankroll investors but you can still try though.

This thread was a hot thing I think a year or two years ago because of the hot wallet issue and thing. But then, I started to see that it's no longer like from this time or is it because they've got lesser players so complaints have became less already. Otherwise, the operation is running smoothly.

Their inactivity plus lacking of marketing affects their casinos performance so maybe this is the reason why the number of gamblers keep declining to them. This is supposed to be the old and cool casino before but now it seems their fame has been fading out and they have been near of their downfall, if they could just return their promotions or the marketing like reviving back their long time running sig campaign maybe they can get back their exposure to this forum.

As for their marketing, the campaigns that they've done before were effective and made them popular. The inactivity on the forum by the owner might have some impact but we don't know the reasons behind it. As long as there's someone that operates it and likely from the forum as well but no longer active too, just wishing all of the players here and there to not experience such problems.

[Wiwo]

I think lightlord and the team have made enough noise in the past already and with their long term campaign in this forum, I am sure the casino have build enough community members to sustain their business and that may be the reason why the admin have become less concern and silent on all matters as it relates to trying to buold a reputation or attracting newer players with promotion that will increase the visibility in this forum. And if that be the case, as long as the casino live support and chat are active in responding to players on their site and solving issues, that will justify the silent mode of operations.
*But should in case anything goes wrong with the site and it will need to have a rebuild or reshape then it will call for new awareness may be then lightlord will return to give an update on that also.
But till then all be can do is to wish them success.

[Quidat]

This thread was a hot thing I think a year or two years ago because of the hot wallet issue and thing. But then, I started to see that it's no longer like from this time or is it because they've got lesser players so complaints have became less already. Otherwise, the operation is running smoothly.

Their inactivity plus lacking of marketing affects their casinos performance so maybe this is the reason why the number of gamblers keep declining to them. This is supposed to be the old and cool casino before but now it seems their fame has been fading out and they have been near of their downfall, if they could just return their promotions or the marketing like reviving back their long time running sig campaign maybe they can get back their exposure to this forum.

As for their marketing, the campaigns that they've done before were effective and made them popular. The inactivity on the forum by the owner might have some impact but we don't know the reasons behind it. As long as there's someone that operates it and likely from the forum as well but no longer active too, just wishing all of the players here and there to not experience such problems.

So far, we arent that seeing complaints into their main thread if ever there are players on this forum into their site which does shows and means that they are doing well.
They have ran a long time running campaign on this forum and then stopped due to some issues of the owner arent paying its participants.Dont know if its been settled
already but since there are not complaints then assuming that it had been resolved out.They have just decided to be silent and just like the rest been
saying that they are still operating as usual.

[pawel7777]

...
They have ran a long time running campaign on this forum and then stopped due to some issues of the owner arent paying its participants.Dont know if its been settled
already ...

Thanks, I did not know that. That's a big, red flag for me. I do understand that any business operator can experience some liquidity issues once in a while which can cause delays but I can't relate to people owing money to others and just staying quiet and not responding for prolonged periods of time.

I understand that all the participants (and staff) got paid eventually, but LL still has some negative feedback which probably won't go away, as the reason for that feedback was the way he conducted his obligations, rather than just a fact of not making payments.



Maybe that's the reason LL is not active on bitcointalk anymore...

[Wiwo]

...
They have ran a long time running campaign on this forum and then stopped due to some issues of the owner arent paying its participants.Dont know if its been settled
already ...

Thanks, I did not know that. That's a big, red flag for me. I do understand that any business operator can experience some liquidity issues once in a while which can cause delays but I can't relate to people owing money to others and just staying quiet and not responding for prolonged periods.

I understand that all the participants (and staff) got paid eventually, but LL still has some negative feedback which probably won't go away, as the reason for that feedback was the way he conducted his obligations, rather than just a fact of not making payments.



Maybe that's the reason LL is not active on bitcointalk anymore...

Haven't received red flags for delayed campaign payment, lightlord activeness on this forum have not changed since the reason for the red tag was on his inactiveness to attend to campaign issues and other questions that requires his action at that time.
* what I think about this is that lightlord already have other engagement that is taking him off from the forum because even with all the attempt made by members of this forum to get Lightlord to respond to enquiries he has remain mute,  even though he has been online on one or two occasion.

[Agbe]

The most important thing here is that, the casino is still acrive and providing services to their customer and to this point there is no complains and accusation against them, so it doesn't matter if if its only lightlord that is running the casino or there is other team members.

As long as their services are up to date and reaching and meeting players' expectations and satisfaction is the utmost priority.

That is good but what are the expectations of the customers? I just think the major expectations of the customers are fair smooth gambling atmosphere. When the gamblers play bet there should be no extra questions when the gambler wins because there will no question when the gambler losses a game. And the cash out should be smoothly. If there is no complain on a casino for very long run of the company then that casino has created a very good reputation in the gambling world.  Lightlord is just staff to run the ANN thread so no crucification should for him

[Fivestar4everMVP]

...
They have ran a long time running campaign on this forum and then stopped due to some issues of the owner arent paying its participants.Dont know if its been settled
already ...

Thanks, I did not know that. That's a big, red flag for me. I do understand that any business operator can experience some liquidity issues once in a while which can cause delays but I can't relate to people owing money to others and just staying quiet and not responding for prolonged periods.

I understand that all the participants (and staff) got paid eventually, but LL still has some negative feedback which probably won't go away, as the reason for that feedback was the way he conducted his obligations, rather than just a fact of not making payments.



Maybe that's the reason LL is not active on bitcointalk anymore...

Haven't received red flags for delayed campaign payment, lightlord activeness on this forum have not changed since the reason for the red tag was on his inactiveness to attend to campaign issues and other questions that requires his action at that time.
* what I think about this is that lightlord already have other engagement that is taking him off from the forum because even with all the attempt made by members of this forum to get Lightlord to respond to enquiries he has remain mute,  even though he has been online on one or two occasion.

The way LightLord actually handled the payment of those who promoted his casino through signature campaign is really not encouraging I must say, and if I must be sincere with the way I feel about it, I will tell you he deserved the red trust he got for..
Maybe this contributed to him deciding to give up on this forum, all the same, whatever he reasons were that lead to him deciding to stop posting here, i just hope he's ok health-wise, as I've heard, or rather read sometime last year that he was seriously ill .

[jamyr]

. . .whatever he reasons were that lead to him deciding to stop posting here, i just hope he's ok health-wise, as I've heard, or rather read sometime last year that he was seriously ill .

One of the patron of the (advertise on this forum thread)--
Hosted one of the longest running signature campaign, which I could prolly join if it is still running, lol. Thanks lightlord.


Speaking of bitvest, earlier massive raindrops of BCH , LTC , TOKENS and blank messages was seen in the bitvest chat..
courtesy of whoever is in control to the handle "Promo".

[Wiwo]

. . .whatever he reasons were that lead to him deciding to stop posting here, i just hope he's ok health-wise, as I've heard, or rather read sometime last year that he was seriously ill .

One of the patron of the (advertise on this forum thread)--
Hosted one of the longest running signature campaign, which I could prolly join if it is still running, lol. Thanks lightlord.


Speaking of bitvest, earlier massive raindrops of BCH , LTC , TOKENS and blank messages was seen in the bitvest chat..
courtesy of whoever is in control of the handle "Promo".

It's good to know that Lightlord is in his best condition and also to see that the casinos are up and running since the live chat is still very active and promotions are going on in the live chat.
*This shows that Lightlord or whoever that's in charge is still doing the best in promoting and keeping the casinos running.
*one thing I am sure of is that Lightlord is not the only one running the casino, and there is the possibility that other team members of the Bitvest are active here in the forum but are not commenting here but reading every feedback from this thread.

[tabas]

*one thing I am sure of is that Lightlord is not the only one running the casino, and there is the possibility that other team members of the Bitvest are active here in the forum but are not commenting here but reading every feedback from this thread.

That is for sure, I don't know if this table is updated or not but that's certain that there are other people that's part of their team that helps in operating and maintaining the business. The closest one to the position of lightlord is Zodiac. Then the rest of the folks that are part of the team can be seen on their website. Just go to the Help>Bitvest Family and you'll see the other people that are working for them but as I've said, I don't know if that's an updated one thus, still, there goes the people behind it that works for it.

[Wiwo]

*one thing I am sure of is that Lightlord is not the only one running the casino, and there is the possibility that other team members of the Bitvest are active here in the forum but are not commenting here but reading every feedback from this thread.

That is for sure, I don't know if this table is updated or not but that's certain that there are other people that are part of their team that helps in operating and maintaining the business. The closest one to the position of lightlord is Zodiac. Then the rest of the folks that are part of the team can be seen on their website. Just go to the Help>Bitvest Family and you'll see the other people that are working for them but as I've said, I don't know if that's an updated one thus, still, there goes the people behind it that works for it.

May be we should give it some time to see if the gs changes and Lightlord decide to become active again or appoint a representative to work on this thread as that is very necessary at this point,  there is a need for an active admin to monitor and answer questions in this thread as regards to Bitvest casino and if that is not happening we may have bigger trouble in the feature because members will continue to make some random comments here, and if there is no admin to counter that it may lead I to spam mega thread and moderators will have to lock this thread to avoid that from happening.