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Author Topic: Free Betting Competition $2000 in Prizes Sponsor: Betking.io (Discussion Thread)  (Read 110684 times)
Omikifuse
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January 08, 2016, 10:06:23 AM
 #221

One withdraw of mine resulted in error, but the funds have not been restored. Please verify

The playing wallet address is 1CmoutnFRVEENELbFTvyYutaiCPdCLGsNp

Thanks
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DirectBet
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January 08, 2016, 01:01:05 PM
 #222

One withdraw of mine resulted in error, but the funds have not been restored. Please verify

Hi Omikifuse,

Thanks for betting at DirectBet.

This error occurred because you were trying to withdraw Bitcoin into a Dogecoin address.

I canceled your withdrawals so that you may try again.

Please e-mail support@directbet.eu if you are in need of any more help.

FrueGreads
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January 08, 2016, 04:58:16 PM
 #223

Hello guys, last day for ROI reset and registration (or to add more addresses).

If you have any doubts just let us know.
Good luck!

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pandacoin
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January 08, 2016, 10:39:38 PM
 #224

Hi, I would like to learn that what happens when my roi gets into -100% and my available bankroll becomes 0?
u9y42 (OP)
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January 08, 2016, 10:52:29 PM
 #225

Hi, I would like to learn that what happens when my roi gets into -100% and my available bankroll becomes 0?

Hi pandacoin.

Well, the truth is, your bankroll can never actually reach 0, since the maximum bet stake you can wager is 5% of your current bankroll. So, as your current bankroll decreases (if you're losing bets), so does the actual maximum amount you can bet with (though it never reaches 0).
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January 09, 2016, 05:55:55 PM
 #226

I want to ask :
My bankroll is now 100mBTC and ROI of 0% minimum bet of  1mBTC (1 % Bankroll )
If I bet on two teams Barca and Madrid  Barca. odds @15 bet amount 1mBTC and  Madrid. odds @2 bet amount 1mBTC
Bet Barca win received 15mBTC certainly increased ROI 15 %, while wagering Madrid has not yet begun so if the bet Madrid win whether including eligible? because now ROI 15% Bet Madrid 1mBTC amount as should the ROI 15% minimum bet  1.15mBTC
patt0
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January 09, 2016, 07:43:49 PM
 #227

I want to ask :
My bankroll is now 100mBTC and ROI of 0% minimum bet of  1mBTC (1 % Bankroll )
If I bet on two teams Barca and Madrid  Barca. odds @15 bet amount 1mBTC and  Madrid. odds @2 bet amount 1mBTC
Bet Barca win received 15mBTC certainly increased ROI 15 %, while wagering Madrid has not yet begun so if the bet Madrid win whether including eligible? because now ROI 15% Bet Madrid 1mBTC amount as should the ROI 15% minimum bet  1.15mBTC

The last time I participated it did not work that way i think, because current bankroll was adjusted right after you place you bets and not after the bet was settled, so I think they would be eligible bets, but I'm not sure.

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January 09, 2016, 09:29:29 PM
 #228

I want to ask :
My bankroll is now 100mBTC and ROI of 0% minimum bet of  1mBTC (1 % Bankroll )
If I bet on two teams Barca and Madrid  Barca. odds @15 bet amount 1mBTC and  Madrid. odds @2 bet amount 1mBTC
Bet Barca win received 15mBTC certainly increased ROI 15 %, while wagering Madrid has not yet begun so if the bet Madrid win whether including eligible? because now ROI 15% Bet Madrid 1mBTC amount as should the ROI 15% minimum bet  1.15mBTC

The last time I participated it did not work that way i think, because current bankroll was adjusted right after you place you bets and not after the bet was settled, so I think they would be eligible bets, but I'm not sure.

Okay I understand but I also need an explanation of one of the competition committee to clarify this question
at least I do not wonder anymore.
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January 09, 2016, 09:45:07 PM
 #229

I want to ask :
My bankroll is now 100mBTC and ROI of 0% minimum bet of  1mBTC (1 % Bankroll )
If I bet on two teams Barca and Madrid  Barca. odds @15 bet amount 1mBTC and  Madrid. odds @2 bet amount 1mBTC
Bet Barca win received 15mBTC certainly increased ROI 15 %, while wagering Madrid has not yet begun so if the bet Madrid win whether including eligible? because now ROI 15% Bet Madrid 1mBTC amount as should the ROI 15% minimum bet  1.15mBTC

Yes it will count. The minimum bet size is calculated by the time the bet is placed and not when the bet is settled.

FrueGreads
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January 13, 2016, 02:47:54 PM
 #230

i do not get how i can bet with competition money ? who can show me little guide ? i`m in list with 100mbtc. but i do not know how to bet Sad

Hello Temo58, this is the discussion thread, and we answer these kind of questions here, because it's easier to read for everyone. The other thread is just to post bets.

You can not bet with competition money. Prizes are only paid when the competition is over.
You need to place bets with your own coins, and at the end of the competition if you are a qualified participant (meaning you placed 70+ bets with a minimum of 1% of your current bankroll) you will receive the 100mBTC participation prize, and any other prize if you place on the top7.

To place you bets you just need to go to the directbet website and place any bets you want on their markets, as long as you don't do it in dice or all-in poker, because those do not count.

Don't forget to use as a payout address, the address you provided when you registered for the competition.

(Just one more thing. Remember that you don't need to have the 100mBTC to bet, but you need to have enough coins to bet between 1%-5% of you declared bankroll.)

If you have any more doubts feel free to ask.

Good luck!

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FrueGreads
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January 16, 2016, 11:59:41 PM
 #231

Hello everyone, we are approaching the final 2 weeks of this competition.

Again I will remind that for full prizes to be paid we need at least 50 players with 70+ bet slips, and for now we only have 21 in those conditions. So right now prizes would be paid at half value, if the competition ended today.

We still have time, so guarantee you participation prize, by placing 70+ plus, and keep fighting for that top7.

Also congrats to Omikifuse and bitbollo, that have two accounts in the top 7, meaning that they have a good chance of winning 2 prizes each!

Good luck to all!

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BitcoinHunt3r
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January 17, 2016, 03:40:48 AM
 #232

Hello everyone, we are approaching the final 2 weeks of this competition.

Again I will remind that for full prizes to be paid we need at least 50 players with 70+ bet slips, and for now we only have 21 in those conditions. So right now prizes would be paid at half value, if the competition ended today.

We still have time, so guarantee you participation prize, by placing 70+ plus, and keep fighting for that top7.

Also congrats to Omikifuse and bitbollo, that have two accounts in the top 7, meaning that they have a good chance of winning 2 prizes each!

Good luck to all!

If it does not meet the requirements of 50 participants with 70 valid bets, What is a competition be extended?

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January 17, 2016, 03:12:04 PM
 #233

Guys, consider getting rid of the +13% in the rankings for the next competitions. According to the table I am up 40+ mBTC, I wish I were, I have barely got 13 mBTC as profit (and part of it with bets over my 5%). What is the point on it?, encouraging quantity over "quality" in bets?

Question: When you bet using Directbet's playing wallet the minimum bet is 1 mBTC, if your current bankroll were lower than 20 mBTC and you wanted to place more bets, your only option would be to send from an external wallet setting your playing wallet's address as the payout addres? (or to calm down and stop betting Grin).

The above situation seems very unlikely, though, just wondering... as well wondering, what is the lower your bankroll can get in this competition? (I think the worst scenario would be placing 5% bets and losing them all). According to my calculations you could finish with 24 satoshis, but I probably miscalculated something (for example, how many decimals are used to update the bankroll?).



Hello, at the end of the competition we will as usual analyze what happened and make any necessary changes. So we will talk about any possible issues at that time.

As for the betting situation, yes you could do just that. Pay from another address. You only have to keep setting as the payout address, the one you used to register for the competition.
As for the minimum your bankroll can get, I have not made those calculations. Your approach was correct though, keep losing 5% bet stakes.

If it does not meet the requirements of 50 participants with 70 valid bets, What is a competition be extended?

Yes as 98789 said, the prizes will be cut in half, if the minimum 50 qualified participants with 70+ bets, is not met. That information is explicit in the prizes announcement:

Important Note: The prizes above require at least 50 qualified entrants that place 70+ bets (including multi entries, see "Multi Entry" rule on the post bellow). If there would be less entrants, the prizes will be cut in half.

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January 21, 2016, 03:50:25 PM
Last edit: January 22, 2016, 11:19:05 AM by FrueGreads
 #234

Hello guys, we are approaching the final week of the competition.

Please remember that if you do not have the minimum 70 bet slips, you will not receive any prizes (including the participation prize).

You still have some time, so if fighting for the top 7 may be hard if you haven't place any bets yet, you can still secure your participation prize.

Good luck!

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January 21, 2016, 04:52:17 PM
 #235

Poster pandacoin is way out in the lead. It's going to take something special from somebody else to beat him.

His ROI is very nice.

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......PLAY......
pandacoin
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January 22, 2016, 07:54:12 PM
 #236

Poster pandacoin is way out in the lead. It's going to take something special from somebody else to beat him.

His ROI is very nice.
I'm also the last one too;D
I've lost a lot with 2 other addresses. I'm unlucky in these days.
patt0
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January 23, 2016, 05:21:09 PM
 #237

Poster pandacoin is way out in the lead. It's going to take something special from somebody else to beat him.

His ROI is very nice.
I'm also the last one too;D
I've lost a lot with 2 other addresses. I'm unlucky in these days.

lol that is true, it's funny to see you in first and last at the same time (not wishing you any bad luck, just saying it's funny)
What is also very interesting is this multi entry thing, I never thought that it would work so well for some players.

Top 7 spots right now are being paid for 4 players, and if Omikifuse manages to close that gap and goes to 7th we could see 7 prizes paid to just 3 players. Hope to see this multi entry thing again, and see if anyone can place 3 accounts on Top3 xD

u9y42 (OP)
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January 23, 2016, 07:15:10 PM
 #238

lol that is true, it's funny to see you in first and last at the same time (not wishing you any bad luck, just saying it's funny)
What is also very interesting is this multi entry thing, I never thought that it would work so well for some players.

Top 7 spots right now are being paid for 4 players, and if Omikifuse manages to close that gap and goes to 7th we could see 7 prizes paid to just 3 players. Hope to see this multi entry thing again, and see if anyone can place 3 accounts on Top3 xD

Bitbollo and Omikifuse were certainly close. Smiley

And, if I'm not mistaken, Omikifuse managed to get his third account in the top seven a few days ago, temporarily displacing mrs.van.braam, but eventually lost the position again (I assume some of Omikifuse's recent bets didn't go so well, as mrs.van.braam didn't place any bets this last week).





I would like to remind everyone that you need to place the minimum number of bets (70 in most cases) to qualify for the participation prize. Also, without the minimum of 50 qualified participants (which we haven't reached so far) all prizes will be cut in half, as explained in the rules (including the participation prize).
FrueGreads
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January 25, 2016, 11:02:53 PM
 #239

Hello everyone, we are now in the final week of this competition.

For those who are not in a paying spot, places 6th and 7th are quite easy to reach so don't give up the fight yet!

The top places might be harder to reach but anything is possible so give all you got on this final week!

Again I will also leave the usual reminders:
- All the prizes will be paid in half value if we do not reach 50 qualified participants (70+ bet slips)
- To get the participation prize you also need to be a qualified participant (70+ bet slips)

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Rubberduckie
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January 25, 2016, 11:31:47 PM
 #240

I would like to get in the next one if you guys have another.

Will there be a new thread? is it possible to get a pm when sign
ups start for a next one?

cheers Smiley

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