[HAVELOCK] CasinoBitco.in CBTC

[QuanSushi]

Hello, didn't know where to contact staff, so I will do it here:

On your homepage the linking to http://www.soccerway.com is broken, there is a " in the hyperlink
http://www.soccerway.com"
Remove the "

[Stego]

Anyone know why price has decreased by 1/2 in the last week or so (from .00025 to .00013)? Is there any news I missed?

The volume was quite small until today, probably because they didn't consider NeoBee before today and now want a stake in that company too. The lack of news and talk in this thread may play a role, but if I didn't miss something too I don't think there's anything to worry about right now.
Besides you can't expect a stock to grow so fast, there must be some corrections along the way and investors be reassured with evidence of profits.

Lack of news ? We had plenty when the merger happened 10 days ago. The OP announced a full report for early march. I agree with you, there is nothing to worry about and we can't ask for daily updates

[Fabrizio89]

Yes, you are right, I worded that poorly. I was referring to the financial updates which now should be biweekly. They already said they would dilate for this month due to their busy schedule, but people gets worried easy by this kind of thing. Nonetheless I underline my appreciation for this stock performance thus far.

[CBTC_PR]

Since the new rules on the signature campaigns have been imposed we are asking that our loyal customers and investors add their signature.  (Note: signature campaign requirements in effect per https://bitcointalk.org/index.php?topic=484259.msg5395731#msg5395731)

Ad Campaign

Example

Bet Sports/BJ at CBTC - https://www.casinobitco.in/r?u=25 - Bet or Invest Dice at Peerbet.org - Bet at Bit777.com

Details on affiliates here
http://www.casinobitco.in/affiliates

Then signup for one of our March Madness Square competitions
https://www.casinobitco.in/squares/

CasinoBitco.in is hosting 3 diffent Squares, a Free Version* where we will add 1.0 BTC to the Prize Pool, and 2 paid versions with a price per square of 0.01 BTC and 0.05 BTC

[currencydebt]

Details on affiliates here
https://www.casinobitco.in/secure/affiliates

What's up with that link, it redirects me to the homepage

[casinobitco]

Details on affiliates here
https://www.casinobitco.in/secure/affiliates

What's up with that link, it redirects me to the homepage

Use this one: http://www.casinobitco.in/affiliates

We will have our February comprehensive report published Monday, 3/3/14

[Jungian]

Details on affiliates here
https://www.casinobitco.in/secure/affiliates

What's up with that link, it redirects me to the homepage

Use this one: http://www.casinobitco.in/affiliates

We will have our February comprehensive report published Monday, 3/3/14

Does it look good?

[_mr_e]

Interesting article on the state of Bitcoin and Gambling: http://www.pbs.org/newshour/updates/bitcoin-gambling-sites-fly-regulatory-radar/

[Jungian]

Today is the day. Can't wait!

[casinobitco]

Hi Everyone - We just posted our monthly report on Havelock - it can be found here: https://www.havelockinvestments.com/reportdownload.php?id=70

While we have a lot of positives outlined in the report, including increased traffic to CasinoBitco.in, and of course our acquisition of PeerBet and Bit777; we regret to say that our expenses outweighed our revenue so there is no dividend for the month of February.

Our biggest area of weakness was in our Sportsbook - and from what we've seen, similar negative results are happening at our competition. Most have already increased vig, and decreased max bets to compensate. We will be doing the same in March, as well as adding 7 other new features solely in the sportsbook to help attract more casual players.  

Much more data and analysis can be found in the report - I'll be around to help answer any questions.

Thanks - Tim

[_mr_e]

Hi Everyone - We just posted our monthly report on Havelock - it can be found here: https://www.havelockinvestments.com/reportdownload.php?id=70

While we have a lot of positives outlined in the report, including increased traffic to CasinoBitco.in, and of course our acquisition of PeerBet and Bit777; we regret to say that our expenses outweighed our revenue so there is no dividend for the month of February.

Our biggest area of weakness was in our Sportsbook - and from what we've seen, similar negative results are happening at our competition. Most have already increased vig, and decreased max bets to compensate. We will be doing the same in March, as well as adding 7 other new features solely in the sportsbook to help attract more casual players.  

Much more data and analysis can be found in the report - I'll be around to help answer any questions.

Thanks - Tim

Depressing. Small bump in the road I hope!

Does the +11.09 BTC in the Casino include PeerBet and Bit777?

[CoinClippers]

Can you provide more information on operating costs. How do we know you're not skimming the profits by claiming higher operating costs (I am not insinuating that this is occurring).

Can you also clarify your reasoning that bet volume was lower due to a higher price for bitcoins when the price was higher in Nov and Dec yet volume was higher then. A lower price would surely mean larger bitcoin bets and not smaller as suggested on page 4.

Also, SEO stands for search engine optimization, there is no need to call it SEO optimization. Inattention to basic details like that is concerning.

[Jungian]

I find it strange that the total amount won in the Casino for the period is lower than basically all other periods of comparative length (4 weeks, instead of 2), even with the acquisition a pure casino site and the addition of another casino game at CBTC and decreased volume.

When do you convert money from the other currencies to BTC?

[sooraw]

January and February are always the slowest months for every casino so hopefully nothing to worry about.

[casinobitco]

Can you provide more information on operating costs. How do we know you're not skimming the profits by claiming higher operating costs (I am not insinuating that this is occurring).

Can you also clarify your reasoning that bet volume was lower due to a higher price for bitcoins when the price was higher in Nov and Dec yet volume was higher then. A lower price would surely mean larger bitcoin bets and not smaller as suggested on page 4.

Also, SEO stands for search engine optimization, there is no need to call it SEO optimization. Inattention to basic details like that is concerning.

Hi - In the PDF, there is a link to the P&L which has a list of all expenses grouped by categorical area. If there is a question on a given expense, feel free to question it in this thread, or over PM.
https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dDl0STVudkZBUm1fRTlXMUFzZ3dkUXc&usp=sharing#gid=13

Bet volume is lower in February for a few reason, primarily there is no Football,  also our max bet in Basketball (College and Pro) is much lower than it was for Football, or other sports we offer.  Reason being, our historical edge thus far in Basketball is much lower than the other sports we offer.

Good call on SEO

[casinobitco]

Hi Everyone - We just posted our monthly report on Havelock - it can be found here: https://www.havelockinvestments.com/reportdownload.php?id=70

While we have a lot of positives outlined in the report, including increased traffic to CasinoBitco.in, and of course our acquisition of PeerBet and Bit777; we regret to say that our expenses outweighed our revenue so there is no dividend for the month of February.

Our biggest area of weakness was in our Sportsbook - and from what we've seen, similar negative results are happening at our competition. Most have already increased vig, and decreased max bets to compensate. We will be doing the same in March, as well as adding 7 other new features solely in the sportsbook to help attract more casual players.  

Much more data and analysis can be found in the report - I'll be around to help answer any questions.

Thanks - Tim

Depressing. Small bump in the road I hope!

Does the +11.09 BTC in the Casino include PeerBet and Bit777?

Yes it does, we've technically been able to claim revenue on those sites since the 13th of February. We'll have more of a breakdown for all the properties for our mid-month report on the 15th.

[casinobitco]

I find it strange that the total amount won in the Casino for the period is lower than basically all other periods of comparative length (4 weeks, instead of 2), even with the acquisition a pure casino site and the addition of another casino game at CBTC and decreased volume.

When do you convert money from the other currencies to BTC?

Hi Junigan - we assert this to variance. We do have a few recent players in the CBTC Casino that "hit and run" on a few of our games for a small profit - cash out, and come back the next day to to do it again. Of course over time this strategy will fail them, from my side - I'm closely monitoring the play - and am not concerned about the negative swings as it will come back our way.

Regarding the alt-coins; we are planning on converting profit at the end of each month. For February we didn't convert any of the alt-coins as the profit in those coins was relatively low for the short time we've owned Bit777/Peerbet.

[Stego]

Thank you these information and for your transparency.
Needless to say I'm a bit disappointed but I  have faith . The casino still looks promising.

[coinhuddle]

I'm really torn on this company. It appears the voice of the company is committed to transparent communications with investors. This is really great. The more detail the better. I've personally really enjoyed blackjack and the new video poker games. I'm +.2 btc over the past two months.

My concern with this company is entirely around user experience and the overlap this has with SEO. I also think a proper investment ($10-$25k) into a well done design and front-end development would have been a better investment than purchasing the Peer/bit777 casino properties. The following statement is entirely speculation, but I'm concerned that the desire to grow fast may have resulted in purchasing sinking ships. I don't know this for certain, and I apologize if I'm way off. I hope I am wrong, and that bit777/peerdice/etc. provide great immediate profits. If they require re-working to become profitable, it may have been a poor purchase given their lack of credibility in Google.

The slight upgraded design that was applied to casinobitco.in a month or two ago was in fact a downgrade. While the design philosophy of having all of your content above the fold is dated, the practice of prioritizing content above the fold still remains. The shift in thinking (a few years established now) it that users will scroll vertically, and scrolling should be encouraged. It can be further encouraged by applying 'big design' principles to help instantly communicate to the user that they will be scrolling. In fact, it has been made clear by Google that their robots pay attention to your content above the fold, and some of their recent tools (e.g. pagespeed) are starting to objectively measure user experience factors; starting with mobile first.

Taking just the home page into consideration, which is the most important page to compete in Google for "bitcoin casino", the design is very bad. The large image/tout area pushes the most important content down without any important context. I understand design styles like this were popular a few years ago, but it is standard now to provide context with large images. At a minimum, the games should be over-layed on top of the large roulette wheel image.

I generally approve of your <heading> and <title> tag decisions.

I'm also generally concerned with the new purchased properties not ranking anywhere in Google for the top generic terms associated with the business (e.g. "bitcoin dice", "bitcoin casino").

These thoughts are all over the place, but I think it's important to call out the design decisions. They are absolutely critical to this business, especially in the 2014 world of SEO.

tl;dr - The user experience and design decisions feel lazy and this is a huge concern given the convergence of UX and SEO.

[casinobitco]

I'm really torn on this company. It appears the voice of the company is committed to transparent communications with investors. This is really great. The more detail the better. I've personally really enjoyed blackjack and the new video poker games. I'm +.2 btc over the past two months.

My concern with this company is entirely around user experience and the overlap this has with SEO. I also think a proper investment ($10-$25k) into a well done design and front-end development would have been a better investment than purchasing the Peer/bit777 casino properties. The following statement is entirely speculation, but I'm concerned that the desire to grow fast may have resulted in purchasing sinking ships. I don't know this for certain, and I apologize if I'm way off. I hope I am wrong, and that bit777/peerdice/etc. provide great immediate profits. If they require re-working to become profitable, it may have been a poor purchase given their lack of credibility in Google.

The slight upgraded design that was applied to casinobitco.in a month or two ago was in fact a downgrade. While the design philosophy of having all of your content above the fold is dated, the practice of prioritizing content above the fold still remains. The shift in thinking (a few years established now) it that users will scroll vertically, and scrolling should be encouraged. It can be further encouraged by applying 'big design' principles to help instantly communicate to the user that they will be scrolling. In fact, it has been made clear by Google that their robots pay attention to your content above the fold, and some of their recent tools (e.g. pagespeed) are starting to objectively measure user experience factors; starting with mobile first.

Taking just the home page into consideration, which is the most important page to compete in Google for "bitcoin casino", the design is very bad. The large image/tout area pushes the most important content down without any important context. I understand design styles like this were popular a few years ago, but it is standard now to provide context with large images. At a minimum, the games should be over-layed on top of the large roulette wheel image.

I generally approve of your <heading> and <title> tag decisions.

I'm also generally concerned with the new purchased properties not ranking anywhere in Google for the top generic terms associated with the business (e.g. "bitcoin dice", "bitcoin casino").

These thoughts are all over the place, but I think it's important to call out the design decisions. They are absolutely critical to this business, especially in the 2014 world of SEO.

tl;dr - The user experience and design decisions feel lazy and this is a huge concern given the convergence of UX and SEO.

All very good points, we are actively seeking UI/UX experts to help reshape CasinoBitco.in (we are already in the process of re-skinning Bit777 and PeerBet) - but if anyone is interested, please PM me.

Regarding the acquisition, Bit777 and Peerbet are profitable - and they have 10x the users CasinoBitco.in has! PeerBet itself has 5x the traffic CasinoBitco.in has! I'm very confident we'll be able to convert these users just as well as we do on CasinoBitco.in, and in time - as we merge the sites together, we will be one of the biggest Bitcoin Gambling destinations on the web.