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Question: What bets would you like offered on BitBook?
NFL futures
Golf
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Author Topic: BitBook.biz - Bitcoin sportsbook - Instant Withdrawals - Widely Trusted  (Read 200467 times)
Jcw188
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June 20, 2013, 04:07:22 PM
 #341

Just wanted to report the site works great, I received payout very quickly.  If you're going to join, I'd appreciate if you joined with this:

https://bitbook.biz/?referer=jjc326



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icey
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June 20, 2013, 05:26:52 PM
 #342

Is it possible to see a 'Withdrawable' Balance somewhere? Its probley there somewhere but I can't see it
bitbook.biz (OP)
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June 20, 2013, 06:03:53 PM
 #343

Just wanted to report the site works great, I received payout very quickly.  If you're going to join, I'd appreciate if you joined with this:

https://bitbook.biz/?referer=jjc326

Thanks!

bitbook.biz (OP)
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June 20, 2013, 06:05:18 PM
 #344

Is it possible to see a 'Withdrawable' Balance somewhere? Its probley there somewhere but I can't see it

We show your total balance and your pending balance on the right side of the top nav. The amount you can withdraw is the difference between the two, which we currently don't display anywhere independently, but we can see about adding it next to the withdraw section. Thanks!

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June 20, 2013, 06:13:32 PM
 #345

Golf would be awesome!

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June 20, 2013, 06:14:34 PM
 #346

Is it possible to see a 'Withdrawable' Balance somewhere? Its probley there somewhere but I can't see it

We show your total balance and your pending balance on the right side of the top nav. The amount you can withdraw is the difference between the two, which we currently don't display anywhere independently, but we can see about adding it next to the withdraw section. Thanks!



Thanks for that Im just being lazy that's all  Grin
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June 20, 2013, 06:26:15 PM
 #347

Golf would be awesome!

BitBook does offer Golf.

BEEP BEP
Jcw188
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June 20, 2013, 09:06:14 PM
 #348

I'm not allowed to place any money on the Heat -5.5 right now.  It says basically there is no money left for the Heat bet.  I have to say this is pretty weird and a little worrying - I mean I was only going to do a .01 BTC bet and it wouldn't let me...does this happen often here, or?



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stayeduptolate
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June 20, 2013, 09:13:26 PM
 #349

I'm not allowed to place any money on the Heat -5.5 right now.  It says basically there is no money left for the Heat bet.  I have to say this is pretty weird and a little worrying - I mean I was only going to do a .01 BTC bet and it wouldn't let me...does this happen often here, or?

hmm interesting it would let me place at least 5 btc if I wanted to ?
Jcw188
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June 20, 2013, 09:18:27 PM
 #350

I'm trying to do a 3 play parlay for .01 and won't let me.  I'm talking about actually pressing the "place bet" button, that's where it stops me.  It lets me select the Heat -5.5 but not play it.

It's got me worried about the capitalization of the book.  Like, can it pay out?  Lower the max bet if it's a problem!



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June 20, 2013, 09:20:32 PM
 #351

are any of the other 2 bets in the parlay from the same game?
stayeduptolate
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June 20, 2013, 09:23:00 PM
 #352

I'm trying to do a 3 play parlay for .01 and won't let me.  I'm talking about actually pressing the "place bet" button, that's where it stops me.  It lets me select the Heat -5.5 but not play it.

It's got me worried about the capitalization of the book.  Like, can it pay out?  Lower the max bet if it's a problem!

what does it say to you when you press it?
Jcw188
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June 20, 2013, 09:44:38 PM
 #353

No, it was a valid parlay (no other bets from same game).  It said something like Heat -5.5 too popular, bet remaining 1.5000 -e  or something like that.  I gave up but it would be nice if owner of site explained.

Just checked - still not letting me bet Heat -5 straight up. 



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vlees
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June 20, 2013, 10:19:02 PM
 #354

No, it was a valid parlay (no other bets from same game).  It said something like Heat -5.5 too popular, bet remaining 1.5000 -e  or something like that.  I gave up but it would be nice if owner of site explained.

Just checked - still not letting me bet Heat -5 straight up. 

I had this issue once with a straight bet on a tennis match. Quickly forgot about it and moved on.

BEEP BEP
bitbook.biz (OP)
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June 20, 2013, 10:26:36 PM
 #355

I'm not allowed to place any money on the Heat -5.5 right now.  It says basically there is no money left for the Heat bet.  I have to say this is pretty weird and a little worrying - I mean I was only going to do a .01 BTC bet and it wouldn't let me...does this happen often here, or?

Hey guys, sometimes we get highly disproportionate action on 1 side of a match, so we put a temporary hold such that we don't take on an irresponsible amount of risk. Our book is very well capitalized, but for very popular events it can still be responsible to manage our risk at a certain point.

In this case we received many max bets on the Heat -5.5, so we had to stop taking bets until we got more action on the Spurs. As we get Spurs bets we automatically adjust to accept more on the Heat.  We actually just got a few Spurs bets so at the moment there is room to bet on the Heat spread. We also still can accept quite a bit more action on the Heat ML and the over/under.

Jcw188
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June 20, 2013, 10:34:21 PM
 #356

I'm not allowed to place any money on the Heat -5.5 right now.  It says basically there is no money left for the Heat bet.  I have to say this is pretty weird and a little worrying - I mean I was only going to do a .01 BTC bet and it wouldn't let me...does this happen often here, or?

Hey guys, sometimes we get highly disproportionate action on 1 side of a match, so we put a temporary hold such that we don't take on an irresponsible amount of risk. Our book is very well capitalized, but for very popular events it can still be responsible to manage our risk at a certain point.

In this case we received many max bets on the Heat -5.5, so we had to stop taking bets until we got more action on the Spurs. As we get Spurs bets we automatically adjust to accept more on the Heat.  We actually just got a few Spurs bets so at the moment there is room to bet on the Heat spread. We also still can accept quite a bit more action on the Heat ML and the over/under.



I appreciate the explanation and the book not being reckless.



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.
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icey
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June 21, 2013, 11:06:30 AM
 #357

Are you putting up a outright winner for Wimbledon market?
KingOfSports
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June 21, 2013, 06:12:47 PM
 #358

I'm trying to do a 3 play parlay for .01 and won't let me.  I'm talking about actually pressing the "place bet" button, that's where it stops me.  It lets me select the Heat -5.5 but not play it.

It's got me worried about the capitalization of the book.  Like, can it pay out?  Lower the max bet if it's a problem!

I discussed this awhile back with the owner of bitbook, to me they are very well funded, however there is always a risk of a book going broke. I honestly think this managing risk thing is a good sign though that the book is here to stay for a long time and not run off or run out of funds. They manage their risk effectively whereas previous books have no and will accept ALL wagers. IMO you should keep most of your funds in a wallet outside of bitbook and not keep all your eggs in one basket so to speak, just in case someone hacked all accounts or they ran off / shut down. Also visiting the site today I noticed the max bet was increased to 15 BTC, interesting that you did this. I wish both the players luck and the book luck, personally I can't wait for NFL season. Always my strongest time of the year and has been since I began betting. Will throw down a lot of 5 and 10 BTC bets come NFL sundays Smiley

.







.
stayeduptolate
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June 21, 2013, 06:23:50 PM
 #359

I'm trying to do a 3 play parlay for .01 and won't let me.  I'm talking about actually pressing the "place bet" button, that's where it stops me.  It lets me select the Heat -5.5 but not play it.

It's got me worried about the capitalization of the book.  Like, can it pay out?  Lower the max bet if it's a problem!

I discussed this awhile back with the owner of bitbook, to me they are very well funded, however there is always a risk of a book going broke. I honestly think this managing risk thing is a good sign though that the book is here to stay for a long time and not run off or run out of funds. They manage their risk effectively whereas previous books have no and will accept ALL wagers. IMO you should keep most of your funds in a wallet outside of bitbook and not keep all your eggs in one basket so to speak, just in case someone hacked all accounts or they ran off / shut down. Also visiting the site today I noticed the max bet was increased to 15 BTC, interesting that you did this. I wish both the players luck and the book luck, personally I can't wait for NFL season. Always my strongest time of the year and has been since I began betting. Will throw down a lot of 5 and 10 BTC bets come NFL sundays Smiley

nfl season!!!!!!!!!
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June 21, 2013, 06:30:46 PM
 #360

Are you putting up a outright winner for Wimbledon market?

We will not be offering outright winner for Wimbeldon, but we will have all of he matches up (including many up already).

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