BitBet Stole ~$7,000 from me (10 BTC)

[Inspire]

Thanks OP for the heads up. I was going to place a bet but decided to search on the website first.

I only read the first 2 pages so forgive me if for not following through all the pages, but for a website to last long, the website should look after their Customers.

If the OP's bet was not in on time, then it should be refunded (minus the miners transaction fee).

Very easy, and everybody's happy.

I dont care what the terms and condition states - ethically it should be done right.
Its UNETHICAL to take your Customers money when their bets is not in on time - I dont care what the terms and condition states.

Good luck and thank you for saving me the hassle of dealing with this site!

[1715265261]

1715265261

[1715265261]

1715265261

[zolace]

Im sorry but newbies should be allowed to post websites until there members.   But seems the Moderators of these forums dont take care.  To be more strict with newbie accounts

[murfshake]

Sorry you went through this OP.  It is a shame and everything MPOE-PR said has fully made sure I will take my business elsewhere.  I will never bet or recommend a site run by such unprofessional and rude people.  OP, this really sucks but you have diverted a ton of business by showing the true side of BitBet and MPOE-PR.

[MPOE-PR]

Sorry you went through this OP.  It is a shame and everything MPOE-PR said has fully made sure I will take my business elsewhere.  I will never bet or recommend a site run by such unprofessional and rude people.  OP, this really sucks but you have diverted a ton of business by showing the true side of BitBet and MPOE-PR.

A bunch of forum retards != a ton of business. Sooner you learn this lesson, the better.

[dexX7]

Because this thread is now revived:

OP is a well known troll. I tried to give him direct instructions and assistance on IRC via PM about how he could rebroadcast/chain the transaction with a fee attached so it would confirm in time. He simply ignored my offer.

[porqupine]

I recently lost 10 bitcoin to a clusterfuck of poor service on the parts of Bets of Bitcoin and Bitbet.

I bet 10 bitcoin on this bet: http://bitbet.us/bet/591/bitcoin-price-to-rise-above-750-usd/

However, I transferred the 10 bitcoin from Bets of Bitcoin, which neglected to include a transaction fee (and gave me no option to do so), resulting in my transaction being delayed for ~24 hours: https://blockchain.info/tx/2af75fb4e50a14bf247575bf426615d01f9d6db4d88dc0668d27c88259f68691

As a result, due to this unfair technicality in Bitbet's rules: http://bitbet.us/faq/#151, I am now out 10 bitcoin. Adding insult to injury, the mod graced me with this snarky retort: "Unconfirmed bets are not refunded. Kindly see FAQ, and include tx fees next time. Think of the miners!"... More like "think of our pockets which our now 10 ill-begotten bitcoin richer."

If we are going to build an ecosystem that can support and serve the mainstream whose attention bitcoin has recently achieved, poor user experiences like this should not (and need not) happen.

I'd appreciate any advice on how to solicit/enact the refund of my stolen (I do think this is the appropriate term) coins.

If you feel so inclined, tweet to Bitbet that they should refund my coins: https://twitter.com/BitBets "@Bitbets It's unfair to keep @Snack_Man's 10 BTC that was sent to 13EW8oUL5mzLiBbYpZouNqjNsFhabiSoeX. Refund them!"

TL;DR: I lost a substantial amount of money to Bets of Bitcoin / Bitbet for no good reason. Beware of Bets of Bitcoin's lack of transaction fee on withdrawals and Bitbet's draconian, scammy rules.

Next time use Counterparty instead of shady betting websites.

[boogi]

Sorry you went through this OP.  It is a shame and everything MPOE-PR said has fully made sure I will take my business elsewhere.  I will never bet or recommend a site run by such unprofessional and rude people.  OP, this really sucks but you have diverted a ton of business by showing the true side of BitBet and MPOE-PR.

A bunch of forum retards != a ton of business. Sooner you learn this lesson, the better.

lol forum retards, yeesss I wonder how many people that were going to, or use bitbet havent looked at the forums before.

[kokonut]

It is unfortunate that you deemed it alright to wager your BTC with a service whose guidelines you had not read, and before you had grasped the concepts of transactions and confirmations in the first place. That you made these choices, however, is not anybody else's concern.

You are the sort of brainwashed halfwit who thinks the responsibility for the lost BTC of MtGOX customers lies with the customers, because "it's their fault for using MtGOX". Having just read this thread I have learned two things:

1) Bitbet is a scam site. I'm glad to know this before ever using the site. Not that I was likely to, as gambling isn't my thing, but still it's worth knowing. Thay actually have an entry in their FAQ that says "If you make any kind of mistake in sending money such that it cannot be used to place a bet, even if we're talking about many thousands of dollars, we're just going to steal that money and say "your fault for screwing up mate! lol". Clearly a site run by petty criminals and nothing more.

2) You, MPOE-PR, are the stupidest, least informed individual I have ever seen comment on the subject of cryptocurrency in any capacity, and that is a difficult title to earn!

[chopstick]

Sorry you went through this OP.  It is a shame and everything MPOE-PR said has fully made sure I will take my business elsewhere.  I will never bet or recommend a site run by such unprofessional and rude people.  OP, this really sucks but you have diverted a ton of business by showing the true side of BitBet and MPOE-PR.

A bunch of forum retards != a ton of business. Sooner you learn this lesson, the better.

I am absolutely appalled by your shitty scam-site and inhumane demeanor.

Yes, scamming people out of their money is OK.....and here's how we justify it.

[MPOE-PR]

You are the sort of brainwashed halfwit who thinks the responsibility for the lost BTC of MtGOX customers lies with the customers, because "it's their fault for using MtGOX".

That happens to be exactly correct. MP told you not to do it. So you figured you know better than MP? You figured you're not required to obey? Well enjoy then.

Bitbet is a scam site. I'm glad to know this before ever using the site. Not that I was likely to, as gambling isn't my thing, but still it's worth knowing.

Lolk.

I am absolutely appalled by your shitty scam-site and inhumane demeanor.

If your mother weren't a promiscuous whore, the world would conceivably be a better place. Not quite as amusing tho.

[jimmothy]

I'm with all 50 of you that think bitbet is a scam/bullshit.

Any company can parade around as a legit service and include bullshit in the fine print that screws over customers.

There is absolutely no reason that a bitcoin betting service should include an arbitrary rule that any late/incorrect bets will be confiscated. That is absurd. Anyone who uses bitcoin knows that a SECURE confirmation can take anywhere from 10 minutes to more than an hour (say ghash.io gets 4 blocks in a row) even when using a high transaction fee.

It is sad that such a nicely designed website can't be used because it is run by unethical thieves.

[tonyq]

If your mother weren't a promiscuous whore, the world would conceivably be a better place. Not quite as amusing tho.

You sir, come across as an absolute grade one cunt.

[11inches]

i used to think MPOE-PR was a respectable member of the community but this behavior is ridiculous and is really more self-harming than anything

[spixel]

That rule is bullshit, its plain stealing just disguised as a 'rule'

[davout]

Why do you insist on making everyone think MPOE-PR is not MP?

Because it's true, duh.

[tonyq]

The bottom line is that any decent sportsbook or bookmaker anywhere in the world would void a late bet, win or lose, and return the stake.
It has been industry standard practice for a long, long time, both on
and offline.

[MPOE-PR]

The bottom line is that any decent sportsbook or bookmaker anywhere in the world would void a late bet, win or lose, and return the stake.
It has been industry standard practice for a long, long time, both on
and offline.

That "industry" was just rendered obsolete.

[tonyq]

The bottom line is that any decent sportsbook or bookmaker anywhere in the world would void a late bet, win or lose, and return the stake.
It has been industry standard practice for a long, long time, both on
and offline.

That "industry" was just rendered obsolete.

Had it been my bet I would have already come face to face with you and extracted every last cent by now.

[MPOE-PR]

Had it been my bet I would have already come face to face with you and extracted every last cent by now.

[jimmothy]

Fun fact:

According to Bitbet financial reports, in the entire year of 2013 the revenue from stealing late bets accounted for a whopping 45% of their total revenue.

Great company.

Definitely going to give my business to this clearly ethical non-scam.