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Author Topic: Directbet.eu - what seems to be the reason for the site closure?  (Read 2612 times)
AjithBtc (OP)
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May 22, 2017, 12:18:19 PM
Last edit: March 14, 2019, 07:22:19 PM by AjithBtc
 #1

DirectBet is now closed.

May 21, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at support@directbet.eu if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet

erpbridge
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May 22, 2017, 12:22:22 PM
 #2

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
marlboroza
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May 22, 2017, 12:54:52 PM
 #3

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.
AjithBtc (OP)
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May 22, 2017, 12:56:25 PM
 #4

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
That might be the reason. The site closure is for specific Countries around the world. Here it's not at all possible to access even the direct dice. This might cause other gambling website to become ​more popular as the number one betting site has stopped service.

erpbridge
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May 22, 2017, 01:06:46 PM
 #5

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
Wandika
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May 22, 2017, 01:10:58 PM
 #6

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.

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May 22, 2017, 01:13:04 PM
 #7

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
They always suggested the players to use their casino wallet to reduce the fee and for instant confirmation . I don't think that's the reason because they were operating with many other coins too ( which has less tx fee) .



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May 22, 2017, 01:15:36 PM
 #8

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.
Now i'm curious since you can't bet anymore on directbet, how would they spent the freebet that they'll receive?
Imo the reason they close is because of the network getting busy and the double spending issue that they keep getting.
Will miss their live lines though it's the only thing that makes me bet on their site.

IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
I think the fees aren't a problem for directbet because their lines are so juiced compared to other bookies.

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Wandika
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May 22, 2017, 01:17:12 PM
 #9

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
They always suggested the players to use their casino wallet to reduce the fee and for instant confirmation . I don't think that's the reason because they were operating with many other coins too ( which has less tx fee) .

But the majority of their customer are using bitcoin and the timing of their closed are almost in sync with the rise on the price of transaction fee. Anyway I'm not certain with that.

babsalt1975
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May 22, 2017, 01:20:54 PM
 #10

DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at support@directbet.eu if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet

I thought this was a hoax until i accessed the site a while ago which is displaying this same message. I read some red flags yesterday when someone on this forum complained that his payout was not given. He won on a bet but his payout was pending. When he inquired, he was informed that he did a double spend and therefore could not withdraw the payout. The same day, I placed a bet for two matches with odds totaling 52. When I transferred 0.01 btc, the bet was rejected and the bitcoins send to my btc address. From this, I now know that they might have been facing problems.
erpbridge
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May 22, 2017, 01:22:49 PM
 #11

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.

If that was the case, they could have just started charging for the bets. That should fix almost all the things. A lot of other merchant bitcoin sites which used to offer free withdrawals started charging too. Even other gambling websites started charging. I don't think that can be the main reason if the whole venture was profitable for them.
Wandika
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May 22, 2017, 01:25:13 PM
 #12

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.

If that was the case, they could have just started charging for the bets. That should fix almost all the things. A lot of other merchant bitcoin sites which used to offer free withdrawals started charging too. Even other gambling websites started charging. I don't think that can be the main reason if the whole venture was profitable for them.

Let's just what will be their action regarding this, I'm hoping that their decision of closing their site is just for temporary because they still allowed their site to run for a few days. And their announcement is unexpected. I still don't find another betting site that can replace them.

marlboroza
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May 22, 2017, 01:34:36 PM
 #13

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
I don't think high fee is a reason.
They could just deduct fee from users balance on withdrawal, right?
EdenHazard
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May 22, 2017, 01:38:41 PM
 #14

Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.
Now i'm curious since you can't bet anymore on directbet, how would they spent the freebet that they'll receive?
Imo the reason they close is because of the network getting busy and the double spending issue that they keep getting.
Will miss their live lines though it's the only thing that makes me bet on their site.

IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
I think the fees aren't a problem for directbet because their lines are so juiced compared to other bookies.
since they did not reveal what is the real reason why ( which i think other sportsbook/any business company will not explain clearly about it ) , but if i have to make a speculation they are anticipating from a bankruptcy after have to pay someone huge win .

i don't know what exactly , and they choose to reveal publicly about the clear and real reason why , just let's respect them have been in bitcoin community for years.

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May 22, 2017, 01:47:17 PM
 #15

Speculation on the reason why they suddenly close its doors keeps coming but as they said they are pursuing other things in life.We wont know what would be the exact reason on such closure.If we are talking about bitcoin fees i dont think it can affect too much since they are considered as profitable and top betting site.If theres one did able to manage big winning then its possible but i cant see any news about it Smiley or just maybe they are saving their profits knowing on the current price of bitcoin.

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May 22, 2017, 02:32:54 PM
 #16

Crazy, sad time in the bitcoin sports gambling scene. DirectBet.eu have always been my favourite site, thanks to everybody involved at DirectBet for everything over the years, you provided us all with a great service.

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taxmanmt5
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May 22, 2017, 06:27:25 PM
 #17

DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at support@directbet.eu if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet

This is indeed a black day and bad news for all the gamblers. Directbet was one of the trusted and mine favorite site to bet on. There sports betting features were marvelous and i will really miss them.
I just wonder there could be any legal obligation which made them close it , as in term of profits there was no problem and they were making good profits.
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May 22, 2017, 06:36:03 PM
 #18

DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at support@directbet.eu if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet
I dont think he tell the truth due to play in directbet.eu we dont need to register seems this just a troll but i dont know what he looking find. perhaps he only want to breaking directbet.eu popularity.

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May 22, 2017, 06:54:31 PM
 #19

This is a huge set back for sports fans as this is the only site that accepts alt coins for sports betting and i really could not believe that they are closing the doors all of a sudden,what about the future bets we already waged ,will they be returning the coins,what is the real reason for the closure,really sad to see a sports book closing their doors,i think the main reason would be the increase in price for all the alt coins.
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May 22, 2017, 07:13:50 PM
 #20

What a surprised!!! Directbet.eu is one of the trusted sites as far as sports bet is concern. I don't think it has to do with the high transaction fee's. They have been in the business for quite some time now so I think they know about the issue with the fees. I don't know what to speculate, we just have to wait if they are going online again with other alts as options for betting.
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