[HAVELOCK] CasinoBitco.in (CBTC) IPO Official Thread

[casinobitcoin]

any chance we are gonna see a dividend this month

While we're making a lot of progress, and whlie the 2nd half of the month has been encouraging, we have to make up house losses in the sportsbook for the past few weeks before a dividend can be paid.

It's very important to us to pay a fair dividend, and we hope we can do this sooner than later. More details to come, but we're going to be embarking on some significant development and marketing investments over the coming weeks, and we expect this to increase our action and earnings significantly as we win both bitcoin and traditional players over.

From the perspective of a long-term investment, all signs are promising. Other questions for the report are welcome here or via PM.

Full details to come in our October report set to be released mid-day on Nov 1st.

[chinchs]

taking only the last 2 weeks, where are Green o Red? Not asking detail just some info.

[casinobitco]

taking only the last 2 weeks, where are Green o Red? Not asking detail just some info.

We've had a very strong last half of October on both the Revenue side as well as the Product Development side. Complete detailed information for the past 15 days as well as full October to be shared tomorrow afternoon!

[chinchs]

taking only the last 2 weeks, where are Green o Red? Not asking detail just some info.

We've had a very strong last half of October on both the Revenue side as well as the Product Development side. Complete detailed information for the past 15 days as well as full October to be shared tomorrow afternoon!

Ok, thanks for the info. I will see the detail tomorrow.

[casinobitcoin]

Hi all,

Report will be posted around (edit) 7 pm EST.

[casinobitcoin]

CasinoBitco.in - October end of month update:

Thanks as always to our investors for their gracious support and patience! We believe strongly in the power and potential of bitcoin, and are working diligently to make CasinoBitco.in the best place to play.

The monthly report can be accessed from HavelockInvestments:
https://www.havelockinvestments.com/reportdownload.php?id=37

From the report:
"October saw solid results, especially after mitigations were put in place to hinder sharp, or professional, sports betting. As previously mentioned mid-way through the month - players were up around 74 BTC from 10/1/13 to 10/15/13; however, for the tail end of the month (10/16/13 - 11/1/13) the house earned nearly 40 BTC signaling that mitigations and new product developments are helping CasinoBitco.in turn the corner."

-Metrics sheet updated:
https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc#gid=15
-Finances updated:
https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dDl0STVudkZBUm1fRTlXMUFzZ3dkUXc&usp=drive_web#gid=9

-As discussed in the monthly PDF, page 3, we are seeking additional capital outside our "betting bankroll" to utilize for fast-track development and marketing activites.  See the link here for more details: https://www.havelockinvestments.com/reportdownload.php?id=37

Thanks all for a great month of progress for bitcoin and CasinoBitco.in.

Please PM, post, or contact support@casinobitco.in with any questions.

[ranlo]

CasinoBitco.in - October end of month update:

Thanks as always to our investors for their gracious support and patience! We believe strongly in the power and potential of bitcoin, and are working diligently to make CasinoBitco.in the best place to play.

The monthly report can be accessed from HavelockInvestments:
https://www.havelockinvestments.com/reportdownload.php?id=37

From the report:
"October saw solid results, especially after mitigations were put in place to hinder sharp, or professional, sports betting. As previously mentioned mid-way through the month - players were up around 74 BTC from 10/1/13 to 10/15/13; however, for the tail end of the month (10/16/13 - 11/1/13) the house earned nearly 40 BTC signaling that mitigations and new product developments are helping CasinoBitco.in turn the corner."

-Metrics sheet updated:
https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc#gid=15
-Finances updated:
https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dDl0STVudkZBUm1fRTlXMUFzZ3dkUXc&usp=drive_web#gid=9

-As discussed in the monthly PDF, page 3, we are seeking additional capital outside our "betting bankroll" to utilize for fast-track development and marketing activites.  See the link here for more details: https://www.havelockinvestments.com/reportdownload.php?id=37

Thanks all for a great month of progress for bitcoin and CasinoBitco.in.

Please PM, post, or contact support@casinobitco.in with any questions.

It's great to see that income went up in the last two weeks. I'm hoping this wasn't just variance, though, and that it continues. If it does, we just might see dividends next month, .

[acorcos]

Great work casinobitco. Strong reviews and impressive progress with the site. I appreciate your candor with the professional betting issues and it appears your response was timely and effective. Keep to the grind and I, for one, am not terribly concerned about dividends. Keep reinvesting and growing the business.

On a separate note, Havelock has been acquired by The Panama Fund. Thoughts or concerns? When can we expect the next release of shares?

[casinobitco]

Great work casinobitco. Strong reviews and impressive progress with the site. I appreciate your candor with the professional betting issues and it appears your response was timely and effective. Keep to the grind and I, for one, am not terribly concerned about dividends. Keep reinvesting and growing the business.

On a separate note, Havelock has been acquired by The Panama Fund. Thoughts or concerns? When can we expect the next release of shares?

Thanks - we're working hard and are confident we're on the right path here!

We are very happy and thrilled that Havelock has been acquired by the Panama Fund, its great for us and even better for investors. We don't have an exact timeframe on the release of the next round of shares, and there is still a potential that we don't release those shares - but we will know by early next week the method in which we are going to pursue for additional funding.

[Jls.]

On a separate note, Havelock has been acquired by The Panama Fund. Thoughts or concerns? When can we expect the next release of shares?

Somehow related to CFIG ?

[freedomno1]

On a separate note, Havelock has been acquired by The Panama Fund. Thoughts or concerns? When can we expect the next release of shares?

Somehow related to CFIG ?

Promotes security exchange and stability so yes in a sense in my opinion

[zhangxiongfei]

Good job,you guys did a lot hard work.

[casinobitcoin]

As mentioned, we are seeking to raise an additional ~500 BTC or fiat on top of our current bankroll for the following immediate uses:

1) Completion of Affiliates (Will spread our SEO and # of views heavily, add repeat players, and immediately list us on top referral-based sites like BetWithBTC.com)
2) Launch of Roulette for our Casino (Currently in functioning developer alpha)
3) Extending our odds via rss/xml live feed (Enables our listing on odds tracking websites
including OddsShark.com and SBR.com, potentially bringing a lot of traffic).
4) Related to #3: addition of more sportsbook leagues features, including potentially cross-sport parlays, teasers, progressives, multichance, if-bets, reverses, and round robins, as well as buying/selling points functionality.
5) Launch of Sic-Bo (#2 Asian market game)
6) Native multiple language support and translations (Chinese, Russian, etc.)

- Once the above items are largely completed, we plan to execute promotional marketing campaigsn with one or more top-tier sportsbook portal/forums. We're currently in talks with Covers, EOG, TheRx, and other players, and are ready to start with these portals at any time, which will include banner/newsletter/forum/article and social media presence.

Edit: Our total spend on marketing may be ramped up to roughly the $5k a month range, once started.

Timing is key here to take advantage of peak season with all major sports in-season. We're willing to accept Bitcoin or fiat in exchange for equity in the form of CBTC shares. PM myself or casinobitco for more details.

[kololo]

1st Block - November 11th 2014 - 600,000 shares @ 0.00015 BTC per Unit
2nd Block - November 15th 2014 - 900,000 shares @ 0.00016 BTC per Unit
3rd Block -  November 18th 2014 - 900,000 shares @ 0.000175 BTC per Unit

So, is that your way to your first round shareholder who bought@0.00018 per Unit  still hold them now?

[casinobitco]

1st Block - November 11th 2014 - 600,000 shares @ 0.00015 BTC per Unit
2nd Block - November 15th 2014 - 900,000 shares @ 0.00016 BTC per Unit
3rd Block -  November 18th 2014 - 900,000 shares @ 0.000175 BTC per Unit

So, is that your way to your first round shareholder who bought@0.00018 per Unit  still hold them now?

You gotta keep in mind that this is a BTC & Fiat backed company. Our specific need for fundraising currently is to raise fiat to pay for development and marketing with firms that don't accept Bitcoin.

With that said:

USD Price of BTC on 9/10/13 (first round IPO) : $130
USD Price of BTC currently: $261.40

When we sold out (in less than 2 minutes flat btw) for our first round IPO at 0.00018 that was equivalent to $0.0234. With our next round (at .00015 BTC), we'd be looking at an equivalent of $0.039. Trust that there was a lot of thought and tough decisions to come up with this price, and if the price of BTC didn't double over the past month - we (a) would be trading much higher and (b) be opening up the next round at a much higher price point, probably .00036 minimum.

More details on this rationale and strategy (as it relates to dividends) forthcoming tonight.

[kololo]

1st Block - November 11th 2014 - 600,000 shares @ 0.00015 BTC per Unit
2nd Block - November 15th 2014 - 900,000 shares @ 0.00016 BTC per Unit
3rd Block -  November 18th 2014 - 900,000 shares @ 0.000175 BTC per Unit

So, is that your way to your first round shareholder who bought@0.00018 per Unit  still hold them now?

You gotta keep in mind that this is a BTC & Fiat backed company. Our specific need for fundraising currently is to raise fiat to pay for development and marketing with firms that don't accept Bitcoin.

With that said:

USD Price of BTC on 9/10/13 (first round IPO) : $130
USD Price of BTC currently: $261.40

When we sold out (in less than 2 minutes flat btw) for our first round IPO at 0.00018 that was equivalent to $0.0234. With our next round (at .00015 BTC), we'd be looking at an equivalent of $0.039. Trust that there was a lot of thought and tough decisions to come up with this price, and if the price of BTC didn't double over the past month - we (a) would be trading much higher and (b) be opening up the next round at a much higher price point, probably .00036 minimum.

More details on this rationale and strategy (as it relates to dividends) forthcoming tonight.

Seriously? You are talking fiat now.Why don't I just hold btc till now. I bought beause I want to make more btc.If the
btc price rise to $10000, and you sell share @0.00001 btc equivalent $0.1. So, you will tell me I earn a lot of money?

[casinobitcoin]

kololo:

I appreciate where you're coming from. Trust me, we wish the BTC price was higher as well, so we could raise more capital. With this move, we have the best interests of CBTC and all shareholders in mind.

For any raise, we have to base it on market demand. As a gaming operation, our results and value are natrually pegged to a mixture of BTC and fiat. Once we show significant regular profits and pay a dividend, the market will increase our valuation.

To raise capital now, this price appears the best possible balance between demand and selling out quickly.

I encourage everyone to calculate what kind of dividend we'll be able to pay with earnings of 50 btc, 100, and higher per month at current prices - which we fully expect to achieve. More to come in a few hours!

[bitcoin carpenter]

soo... what happenned to the more to come?

[casinobitco]

soo... what happenned to the more to come?

Check out our new thread, and this post on our blog!

https://bitcointalk.org/index.php?topic=326666.0

http://gambleonlinewithbitcoin.com/blog/?p=65

[acorcos]

1st Block - November 11th 2014 - 600,000 shares @ 0.00015 BTC per Unit
2nd Block - November 15th 2014 - 900,000 shares @ 0.00016 BTC per Unit
3rd Block -  November 18th 2014 - 900,000 shares @ 0.000175 BTC per Unit

So, is that your way to your first round shareholder who bought@0.00018 per Unit  still hold them now?

You gotta keep in mind that this is a BTC & Fiat backed company. Our specific need for fundraising currently is to raise fiat to pay for development and marketing with firms that don't accept Bitcoin.

With that said:

USD Price of BTC on 9/10/13 (first round IPO) : $130
USD Price of BTC currently: $261.40

When we sold out (in less than 2 minutes flat btw) for our first round IPO at 0.00018 that was equivalent to $0.0234. With our next round (at .00015 BTC), we'd be looking at an equivalent of $0.039. Trust that there was a lot of thought and tough decisions to come up with this price, and if the price of BTC didn't double over the past month - we (a) would be trading much higher and (b) be opening up the next round at a much higher price point, probably .00036 minimum.

More details on this rationale and strategy (as it relates to dividends) forthcoming tonight.

Seriously? You are talking fiat now.Why don't I just hold btc till now. I bought beause I want to make more btc.If the
btc price rise to $10000, and you sell share @0.00001 btc equivalent $0.1. So, you will tell me I earn a lot of money?

Kololo,

This is precisely the problem with using Bitcoin to invest in enterprises that require conversion to fiat to run their business. Bitcoin is a currency that is appreciating so rapidly that exchanging it for shares in a corporation is extremely complicated and very risky. No security, bond, or fund shares will appreciate in the short or even medium term at a rate even close to Bitcoin, so if you elect to exchange your Bitcoin for shares of an enterprise, you had better take a long position, be patient, and don't commit any more than you can live with losing entirely.