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Author Topic: BTCBets.co Bitcoin Sports Book - FAST, HONEST and RELIABLE  (Read 618 times)
btcbets (OP)
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December 29, 2013, 11:24:07 AM
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After making numerous winning wagers that were never paid using existing Bitcoin sports books, we decided to start our own with complete transparency. If you are interested in Bitcoin sports betting, please try us out, you will not be disappointed!  BTCBets.co.  We are a UK based company, hosted on UK-based servers and accept Bitcoin wagers 24x7x365 starting on American Football this weekend!  We will rapidly expand out offerings in terms of more sporting events and more available wagers on each of the events.  We require and maintain no accounts which simplifies the entire process for all involved and eliminates the deposit and withdrawal and account balance issues and headaches associated with most sports books.  There are of course no credit cards and no credit card or other transaction processing fees.
bitcoiner222
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December 29, 2013, 11:40:47 AM
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After making numerous winning wagers that were never paid using existing Bitcoin sports books, we decided to start our own with complete transparency. If you are interested in Bitcoin sports betting, please try us out, you will not be disappointed!  BTCBets.co.  We are a UK based company, hosted on UK-based servers and accept Bitcoin wagers 24x7x365 starting on American Football this weekend!  We will rapidly expand out offerings in terms of more sporting events and more available wagers on each of the events.  We require and maintain no accounts which simplifies the entire process for all involved and eliminates the deposit and withdrawal and account balance issues and headaches associated with most sports books.  There are of course no credit cards and no credit card or other transaction processing fees.
A silly wordpress site? Go home...

You need to do your site professionally (order a pogrammer), otherwise you won't have success. Right now it looks like a typical scam site which is made within a few minutes.
Have a look at your competitors how they did their project (like www.bitcoinlivebets.com).



Cheers
Bitcoiner222
btcbets (OP)
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December 29, 2013, 11:43:58 AM
 #3

Type of site isn't what's important, what's important is actually paying winning wagers timely.  In time we will re-accomplish entire site with far more sophisticated techniques, we are simply building rapport with sports bettors who actually wanna get paid timely when they win!
forevernoob
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December 29, 2013, 03:56:54 PM
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No maximum wager?
Sorry pal sounds like scam to me.

btcbets (OP)
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December 29, 2013, 05:48:43 PM
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A well balanced Sporrs Book makes 5% of all action.  Why would anyone cap wagers?  There is zero risk of payment returns using Bitcoin.  The only risk a sports book takes on is if there is a large imbalance of wagers so the sports book is actually taking "the other side" of the wager.  Make sense?  Try it with small wagers, you'll see that they are always paid in full as stated.
leancuisine
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December 29, 2013, 07:10:24 PM
 #6

Placed a small BTC0.0109 bet, just over their minimum bet requirement of BTC0.01.
49ers @ Cardinals
Bet placed on Cardinals ML to win at +100 odds.

The transaction can be seen here: https://blockchain.info/tx/ddad0e06dcc884da42cc93c23f1f39f40b71d6a7323e4fc6c414a4fe27b3f543

Screenshot of the odds: https://i.imgur.com/lWa20Jm.png

Also of course the rules: http://img14.imageshack.us/img14/849/nhdw.png

If my bet does win, I expect my payment to be sent in full one hour after the end of the event. Let's hope this is real.  Wink

btcbets (OP)
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December 29, 2013, 10:06:40 PM
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Confirmed receipt of funds and action is on, good luck
leancuisine
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December 29, 2013, 10:30:53 PM
Last edit: December 30, 2013, 12:25:51 AM by leancuisine
 #8

Confirmed receipt of funds and action is on, good luck
Looks like this bet would be a loss, good thing I arb'ed it.  Grin

Edit: Nevermind. Wink

btcbets (OP)
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December 29, 2013, 10:42:56 PM
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Looking that way, either way thanks for your business and we all look forward to many more wagers in the future.
forevernoob
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December 30, 2013, 01:19:01 AM
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A well balanced Sporrs Book makes 5% of all action.  Why would anyone cap wagers?  There is zero risk of payment returns using Bitcoin.  The only risk a sports book takes on is if there is a large imbalance of wagers so the sports book is actually taking "the other side" of the wager.  Make sense?  Try it with small wagers, you'll see that they are always paid in full as stated.

So what you are saying is that if you see imbalance on a game you will have limits?

btcbets (OP)
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December 30, 2013, 01:24:13 AM
 #11

Yes, once volume is established it shouldn't be an issue and we can offset with other books.
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