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Author Topic: Directbet.eu - what seems to be the reason for the site closure?  (Read 2535 times)
johnwest
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May 23, 2017, 05:44:59 PM
 #41

Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.

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AjithBtc (OP)
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May 24, 2017, 07:42:48 AM
 #42

Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
That too could be a reason for the closure, because the confirmation of the events were happening in a short once after sending due to the amount indicated as unconfirmed but the same refunding for denied events and settlement on winning delays due to the lack of confirmations on the betting amount. This could have made a staggering of lots of pending settlement.

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May 24, 2017, 11:26:00 AM
 #43

Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
Directbet also accepts different coins but they still closed down if confirmations are becoming a big problem for them they should stop accepting bitcoin temporarily and continue with their business. Who knows they could open again in the future and surprise us.

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May 24, 2017, 12:23:39 PM
 #44

Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
Directbet also accepts different coins but they still closed down if confirmations are becoming a big problem for them they should stop accepting bitcoin temporarily and continue with their business. Who knows they could open again in the future and surprise us.
I also have this doubt, I don't know for what reason they closed the site, but in future, they may come with new design and new technic to solve this confirmation issue. But as for now, this is very sad news for all sports gamblers. Most of the sports gamblers use this site to do gambling because here we no need to create an account and easy to bet.
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May 24, 2017, 04:15:56 PM
 #45

Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
Directbet also accepts different coins but they still closed down if confirmations are becoming a big problem for them they should stop accepting bitcoin temporarily and continue with their business. Who knows they could open again in the future and surprise us.
I also have this doubt, I don't know for what reason they closed the site, but in future, they may come with new design and new technic to solve this confirmation issue. But as for now, this is very sad news for all sports gamblers. Most of the sports gamblers use this site to do gambling because here we no need to create an account and easy to bet.
Almost every gambler who uses bitcoin might have used the website at least once. In future coming up with varied design is not sure, because what's mentioned is that they are interested to pursue on other services. But haven't given any outline about the further plans as well said that the domain too is not available for sale.

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May 24, 2017, 04:36:26 PM
 #46

Directbet closing got me by surprise i thought this was a hoax not until i tried placing a live bet and saw the news..
Was expecting to at least get an email notification to make this as an official announcement about this...whatever the case Directbet was a great success and its unfortunate we will nolonger see the sports competition we got used to see not forgetting their no fee wallets.
Time to look for another reputable bitcoin sportsbook.
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May 24, 2017, 04:41:23 PM
 #47

I am very upset to see such a great and unique site closing. As far as I know this was the only betting site where you don't had to deposit anything and directly bet(hence the name). Ot was my go to website for betting, because of the obvious reason I didn't like depositing anywhere and then spend rather this direct betting on a match is much easier. Sad to see such a great website go.
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May 24, 2017, 09:33:31 PM
 #48

One of the reason for closure is bankruptcy.If you we're in a business you only close if your bussiness is not working or it is not moving or you dont have profit entering to your account.How could I continue if im not gaining.
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May 24, 2017, 10:32:09 PM
 #49

One of the reason for closure is bankruptcy.If you we're in a business you only close if your bussiness is not working or it is not moving or you dont have profit entering to your account.How could I continue if im not gaining.

Its quite surprise to see them go bankrupt though. I think they are one of the most famous sites and they have a lot of customers. So I think going bankrupt is out of the question. I speculate the rising price of bitcoin drove them to close their betting site. But yeah, so sad to end this way.
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May 25, 2017, 02:05:29 PM
 #50

One of the reason for closure is bankruptcy.If you we're in a business you only close if your bussiness is not working or it is not moving or you dont have profit entering to your account.How could I continue if im not gaining.

Its quite surprise to see them go bankrupt though. I think they are one of the most famous sites and they have a lot of customers. So I think going bankrupt is out of the question. I speculate the rising price of bitcoin drove them to close their betting site. But yeah, so sad to end this way.
They could have not gone bankrupt. They are the most popular gambling site with bitcoin acceptance. Probably bankruptcy happens with sites which are not good into their activities. Directbet was serving in a legitimate manner without making any flaws in settlement.
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May 25, 2017, 02:22:58 PM
 #51

This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.
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May 25, 2017, 02:35:38 PM
 #52

This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.

It is really sad to see the top betting site to be closed like this no one was expecting this so early. May be, this is what it means to say "Retire at the top of your career". There is no other place to bet like we used to now and there is no other site to vote as a top betting site.

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May 25, 2017, 02:50:35 PM
 #53

This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.

It is really sad to see the top betting site to be closed like this no one was expecting this so early. May be, this is what it means to say "Retire at the top of your career". There is no other place to bet like we used to now and there is no other site to vote as a top betting site.

They were not just the best website to put your bets, but they have been allowing us to do it with full anonymity and complete privileges are with us whether to give them an email to track all of our bets or not whereas none others in the market are allowing us to put bets on sports games without making an account, and that's the best part of Directbet.eu.
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May 25, 2017, 08:46:36 PM
 #54

This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.

It is really sad to see the top betting site to be closed like this no one was expecting this so early. May be, this is what it means to say "Retire at the top of your career". There is no other place to bet like we used to now and there is no other site to vote as a top betting site.

They were not just the best website to put your bets, but they have been allowing us to do it with full anonymity and complete privileges are with us whether to give them an email to track all of our bets or not whereas none others in the market are allowing us to put bets on sports games without making an account, and that's the best part of Directbet.eu.

Having no account features on betting is the main reason why directbet are popular, But due to slow bitcoin network. They are forced to input huge amount fee in able to transfer fast. Directbet still didn't announce specific reason why they decided to close. But I guess now that it something personal to them. Someday it will gonna exposed.
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May 25, 2017, 09:23:15 PM
 #55


Directbet site owners are the genuine guys who really cared for their reputation that is why i think that they closed the site down due to the loss they are occurring due to high Transaction fees to get confirmed the transaction and as they are having feature of no account and as soon as the game is finished they just clear the bets and send to the winners so for this lot of transaction have to be done and due to this they were facing loss as that fees is borne by the site and they are going in loss.

So without scamming the users they just stopped the service and moved on their life to another way. but still they are keeping the site active in hope that one day this problem will be solved so that they can start back this project.
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May 26, 2017, 03:05:05 AM
 #56


Directbet site owners are the genuine guys who really cared for their reputation that is why i think that they closed the site down due to the loss they are occurring due to high Transaction fees to get confirmed the transaction and as they are having feature of no account and as soon as the game is finished they just clear the bets and send to the winners so for this lot of transaction have to be done and due to this they were facing loss as that fees is borne by the site and they are going in loss.

So without scamming the users they just stopped the service and moved on their life to another way. but still they are keeping the site active in hope that one day this problem will be solved so that they can start back this project.

Yeah I guess, or maybe they have cashed out what they can because of the bitcoin prices and they just want to exit it all and just live in the Bahamas. We'll never know unless they would make an official announcement somewhere. If there is, I hope to read it and know their reason. From their website there was no such explanation.
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May 26, 2017, 03:06:36 AM
 #57

It's mostly because of huge loses. Now everyone says and thinks that gambling is a really profitable business for the owner and indeed it profitable but sports betting doesn't depend much on luck when compared with other sites and nowadays we see so many people predicting and most of those end up winning. At least they didn't scam anyone and made a public announcement before closure
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May 26, 2017, 03:31:30 AM
 #58

This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.

It is really sad to see the top betting site to be closed like this no one was expecting this so early. May be, this is what it means to say "Retire at the top of your career". There is no other place to bet like we used to now and there is no other site to vote as a top betting site.

They were not just the best website to put your bets, but they have been allowing us to do it with full anonymity and complete privileges are with us whether to give them an email to track all of our bets or not whereas none others in the market are allowing us to put bets on sports games without making an account, and that's the best part of Directbet.eu.

Having no account features on betting is the main reason why directbet are popular, But due to slow bitcoin network. They are forced to input huge amount fee in able to transfer fast. Directbet still didn't announce specific reason why they decided to close. But I guess now that it something personal to them. Someday it will gonna exposed.
Transaction fees might be one of the reason why they decide to close but thinking off that it doesnt affect too much if they are gaining huge profits from its players/bettors.There are no valid reason from directbet regarding on this and they decide to zip their mouths and avoiding on saying the whole truth of such closure.Directbet has features that cant really be seen on other sportsbook which makes them popular among others.

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May 26, 2017, 08:41:43 AM
 #59

It's mostly because of huge loses. Now everyone says and thinks that gambling is a really profitable business for the owner and indeed it profitable but sports betting doesn't depend much on luck when compared with other sites and nowadays we see so many people predicting and most of those end up winning. At least they didn't scam anyone and made a public announcement before closure

Like I said before its likely not the fees because other sites have started charging players the fees, so that is not the reason.

I have a feeling they are rooting for a healthy retirement. I won't be surprised if they made over 2000-3000 btc over this entire ordeal. After all they have been here a long time.
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May 26, 2017, 07:54:09 PM
 #60

Directbet has left us all and we are going to miss them greatly. I wish they can reorganize and come back at least by allowing us to open an online wallet with the coins we've allocated to gamble so that we will withdraw like the fiat sportsbooks. We appreciate their service and hope they'll come back again one day.
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