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Author Topic: BitcoinRush.io - Bitcoin Sportsbook, and Casino (Live Wagering Now Available)  (Read 184843 times)
cryptosmoker
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October 29, 2015, 03:19:22 AM
 #1521

THIS SITE IS A SCAM

Was playing their "zero edge" game, and found out the whole site a scam. Even the title of the thread is a blatant lie. They say it's zero-edge, but they're actually applying 2% house edge. I was playing against a friend and we noticed something was wrong. So we compared the sum of our balances before and after playing, and found out they are skimming 2% on each game

I don't take make scam accusations lightly, so we carefully verified this 3 times. I would like to show a screenshot of our history, but they seem to try cover their tracks by making that unavailable.  I challenge anyone else to try this, and tell me the site isn't a total scam.

For an extra level of irony I mistaken typed in bitcoinrush.com (instead of .io) and it seems like they also have made some enemies scamming affiliates.

DO NOT PLAY HERE OR BE AN AFFILIATE TO THEIR SCAM

Bitcasino is going to claim that there is no house edge, because they charge a flat fee.

Technically they would be wrong:

Wizardofodds.com house edge definition:

"The house edge is defined as the ratio of the average loss to the initial bet. "



House Edge = Their expected profit per unit bet

Still don't think this makes them scammers though.  Just kind of ignorant.
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October 29, 2015, 03:43:21 AM
 #1522

THIS SITE IS A SCAM

Was playing their "zero edge" game, and found out the whole site a scam. Even the title of the thread is a blatant lie. They say it's zero-edge, but they're actually applying 2% house edge. I was playing against a friend and we noticed something was wrong. So we compared the sum of our balances before and after playing, and found out they are skimming 2% on each game

I don't take make scam accusations lightly, so we carefully verified this 3 times. I would like to show a screenshot of our history, but they seem to try cover their tracks by making that unavailable.  I challenge anyone else to try this, and tell me the site isn't a total scam.

For an extra level of irony I mistaken typed in bitcoinrush.com (instead of .io) and it seems like they also have made some enemies scamming affiliates.

DO NOT PLAY HERE OR BE AN AFFILIATE TO THEIR SCAM

Bitcasino is going to claim that there is no house edge, because they charge a flat fee.

It is not a flat fee, it seems to be 2% of your bet. I can't find where they say this though

Quote
Technically they would be wrong:
agree

Quote
Still don't think this makes them scammers though.  Just kind of ignorant.

I would be willing to accept they are ignorant but if you look at the language they use "a zero-house edge, peer to peer game"   and  "head-to-head match of winner takes all". Even reading the small print I can't find where they say they will take 2%. They are intentionally hiding it, while promoting it as "zero-house edge" while playing normal bitcoin dice would be better.  There is no where on the site that will tell you this, and no history to show you this. It's up to you to catch them in the act. Combined with this casinos past actions if they are not scammers they are extremely dishonest
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October 29, 2015, 04:42:24 AM
 #1523

still waiting for an answer...
Hi Luptin - An answer on what specifically? Feel free to contact us at admin[at]bitcoinrush.io, we'll be happy to help you out!
I think it would make more sense to answer Luptins questions publicly.  I'm sure I am not the only one interested in how BitcoinRush handles this situation.

So you understand "on what specifically"? Great, so should they...
tl;dr: Anything on the last page that's unanswered yet.



It is not a flat fee, it seems to be 2% of your bet. I can't find where they say this though

All I found was this:
Code:
While there is no house-edge, the site takes 1% of the pot for commission purposes.
Technically, it might not be house edge, since you're playing against another player and not the house,
in its function however, it does just the same.
If it was 2% though, there's something wrong, as the "commision" is stated as 1%.

Your zero house edge games makes your site worth investigating I be sure to try out your games once I get a good amount of mbtc unless of course there's some free to try  Grin
Zero house edge doesn't necessarily mean neutral EV, the house seems to take 2% as "fees" same as 1% house edge of most sites.
Anyway you can prove this? I don't want to play a game just to see if they take 2% while the rules say they "only" take 1%.


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casinobitco
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October 30, 2015, 01:26:56 PM
 #1524

THIS SITE IS A SCAM

Was playing their "zero edge" game, and found out the whole site a scam. Even the title of the thread is a blatant lie. They say it's zero-edge, but they're actually applying 2% house edge. I was playing against a friend and we noticed something was wrong. So we compared the sum of our balances before and after playing, and found out they are skimming 2% on each game

I don't take make scam accusations lightly, so we carefully verified this 3 times. I would like to show a screenshot of our history, but they seem to try cover their tracks by making that unavailable.  I challenge anyone else to try this, and tell me the site isn't a total scam.

For an extra level of irony I mistaken typed in bitcoinrush.com (instead of .io) and it seems like they also have made some enemies scamming affiliates.

DO NOT PLAY HERE OR BE AN AFFILIATE TO THEIR SCAM

Bitcasino is going to claim that there is no house edge, because they charge a flat fee.

Technically they would be wrong:

Wizardofodds.com house edge definition:

"The house edge is defined as the ratio of the average loss to the initial bet. "



House Edge = Their expected profit per unit bet


Hello!

BitcoinRush.io has always taken 1% of the pot in the peer to peer game, Bitcoin Rush - this isn't new at all and is all detailed under the "How to Play" Link on the game page: https://www.bitcoinrush.io/bitcoin-casino/bitcoinrush/index


Esally
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October 30, 2015, 10:07:30 PM
 #1525

Hello!

BitcoinRush.io has always taken 1% of the pot in the peer to peer game, Bitcoin Rush - this isn't new at all and is all detailed under the "How to Play" Link on the game page: https://www.bitcoinrush.io/bitcoin-casino/bitcoinrush/index

And you feel that it is honest and not misleading to promote as your "zero-house edge, peer-to-peer game"?

Serious question )
cryptosmoker
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November 01, 2015, 08:55:04 AM
 #1526

There is a reason poker rooms don't advertise "NO HOUSE EDGE"
casinobitco
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November 01, 2015, 01:53:28 PM
 #1527

You and crypto smoker make valid points here. We'll revisit the marketing material for the P2P Game BitcoinRush, and update the thread accordingly. Thanks for brining this to our attention.

Hello!

BitcoinRush.io has always taken 1% of the pot in the peer to peer game, Bitcoin Rush - this isn't new at all and is all detailed under the "How to Play" Link on the game page: https://www.bitcoinrush.io/bitcoin-casino/bitcoinrush/index

And you feel that it is honest and not misleading to promote as your "zero-house edge, peer-to-peer game"?

Serious question )


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November 07, 2015, 01:39:39 PM
 #1528

College Football Action!

https://www.bitcoinrush.io/sportsbook/ncaaf

First Half Odds:  https://www.bitcoinrush.io/sportsbook/ncaaf-1st-half

casinobitco
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November 13, 2015, 02:42:48 PM
 #1529

College Hoops are back! Bet with Bitcoin, and Confidence, now!

https://www.bitcoinrush.io/blog/college-hoops-are-back-bitcoin-sportsbook/

rouletteking
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November 25, 2015, 02:05:50 PM
 #1530

Still one of the juiciest Roulette Games around.

Seems like your Blackjack and Sportsbook are mobile-friendly, do you have plans to support a Mobile Version of Roulette?
casinobitco
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November 25, 2015, 11:17:31 PM
 #1531

Thanks!

We have mobile roulette on our roadmap, but we are not moving forward with that development effort until we sell PeerBet.org / Bit777.com. If you, or anyone you know, is interested in buying those properties - shoot me a PM!

Still one of the juiciest Roulette Games around.

Seems like your Blackjack and Sportsbook are mobile-friendly, do you have plans to support a Mobile Version of Roulette?


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December 01, 2015, 11:16:00 PM
 #1532

Will the Sixers get that first win tonight, or will Kobe leave his home town with a win?

Bet on it at Bitcoin Rush - https://www.bitcoinrush.io/sportsbook/nba


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December 13, 2015, 12:47:14 PM
 #1533

Get in on the NFL Betting Action this week, at one of the oldest Bitcoin Casino and Sportsbook's around, BitcoinRush.io, established 2013!

casinobitco
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December 15, 2015, 02:20:50 PM
 #1534

Is your favorite site doing maintenance in the middle of the day and down?

Well - try an old favorite that's been around since 2013: https://www.BitcoinRush.io

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December 19, 2015, 03:02:31 PM
 #1535

https://www.bitcoinrush.io/blog/the-best-bitcoin-sportsbook-action-is-here/

Sports Bettors Rejoice!
It’s no doubt the most wondering time of the year for anyone that loves betting sports with bitcoin!

The Bowl Games start for College football today, the NFL is making a playoff push, hockey action is heating up, the NBA is in full swing and most importantly we have big time college basketball with 62 games available to place a bet on today!

As an early holiday present for you, we’ve compiled some of our favorite trends in the NFL for you to wager on this week at the BitcoinRush.io Sportsbook!

The total has gone UNDER in all 5 of Atlanta’s last 5 games
Chicago is 5-0 ATS in its last 5 games on the road
Cincinnati is 5-0 ATS in its last 5 games on the road

The Best Promos in Town
Do not forget that BitcoinRush.io is the only Bitcoin Sportsbook and Casino that offers players automated comps daily based on how much you play, not win or lose like some of the other guys!

Whether you like playing Provably Fair Blackjack, Baccarat, or Roulette – we are sure to have your bitcoin gaming desires covered.

Play for Fun, Win for Real!

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December 20, 2015, 07:10:32 PM
 #1536

@casinobitco

I just bought some shares of the company at Havelock. I must say, after reading the public documents you had available, and then the ones that were only available after buying shares where quite different.
I notice that you the latest document that you have posted (which are quite well done) was Q2 there wasn't a Q3, is there a reason for this? Being invested in the company I like being kept in the loop, good or bad.
How is december doing so far? I looked at the P&L and saw how October and November did, was curious if you think December will do good enough to pay a dividend? Whats your plans for this company, just saw in the thread for November that you were planning on selling the other website that you operated, were you successful in this?
Did you find another company to mitigate sportsbook losses?

https://www.miningsweden.se?affiliates=1589
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December 20, 2015, 10:59:03 PM
 #1537

Hi -

Please direct investor related commentary in this thread: https://bitcointalk.org/index.php?topic=326666.msg13220033#msg13220033

Updates are supplied in the "Updates" Module of Havelock for the fund: https://www.havelockinvestments.com/fund.php?symbol=CBTC

December, and Q4 results are posted after the month (next year)

All the best.


@casinobitco

I just bought some shares of the company at Havelock. I must say, after reading the public documents you had available, and then the ones that were only available after buying shares where quite different.
I notice that you the latest document that you have posted (which are quite well done) was Q2 there wasn't a Q3, is there a reason for this? Being invested in the company I like being kept in the loop, good or bad.
How is december doing so far? I looked at the P&L and saw how October and November did, was curious if you think December will do good enough to pay a dividend? Whats your plans for this company, just saw in the thread for November that you were planning on selling the other website that you operated, were you successful in this?
Did you find another company to mitigate sportsbook losses?

casinobitco
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December 26, 2015, 11:02:08 PM
 #1538

Redskins +3 vs Eagles

Bet it now, with confidence, at BitcoinRush.io - Established 2013

https://www.bitcoinrush.io/sportsbook/nfl

znickelbackz
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December 27, 2015, 09:39:02 AM
 #1539

Is your favorite site doing maintenance in the middle of the day and down?

Well - try an old favorite that's been around since 2013: https://www.BitcoinRush.io

these words actually make me think u are behind those ddos att

casinobitco
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December 28, 2015, 11:12:30 PM
 #1540

Cincinnati + 3 at Denver Tonight in MNF

Place your full-game, or first-half bets here!

https://www.bitcoinrush.io/sportsbook/nfl

https://www.bitcoinrush.io/sportsbook/nfl-1st-half

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