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Author Topic: CoinBet Casino & Sportsbook - 125% Match Bonus plus March Madness Contest!  (Read 25128 times)
quone17
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January 23, 2014, 03:38:07 AM
 #261

I will reiterate that I deposited .05 BTC And only got $50 in my account where it should have been over $55, according to the rate coinbet posted in their site. So is just warn people who choose to deposit to watch out for that.

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CoinBet (OP)
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January 23, 2014, 03:40:22 AM
 #262

I will reiterate that I deposited .05 BTC And only got $50 in my account where it should have been over $55, according to the rate coinbet posted in their site. So is just warn people who choose to deposit to watch out for that.

Really? Email this to support with the time of deposit and TXID and you'll be credited accordingly if there really was a discrepancy.

bitcoinsrock
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January 23, 2014, 03:51:44 AM
 #263

I will reiterate that I deposited .05 BTC And only got $50 in my account where it should have been over $55, according to the rate coinbet posted in their site. So is just warn people who choose to deposit to watch out for that.
.05 BTC is worth less than $50. You got overpaid instead of shorted.
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January 23, 2014, 03:56:47 AM
 #264

You should have been paid $47.43 to your account @ coinbet current exchange rate of 1 BTC = $948.66
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January 23, 2014, 04:03:56 AM
 #265

You should have been paid $47.43 to your account @ coinbet current exchange rate of 1 BTC = $948.66


Oops no sorry I put in .06.

And I know that sounds weird now but I obviously have proof but it's only $5, but I'd certainly provide it if someone was that interested.

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bitcoinsrock
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January 23, 2014, 04:40:33 AM
 #266

-computer- you really need to step back from the computer since you are just throwing a bunch of crap against the wall to see what sticks.  The Wire Act or Unlawful Internet Gambling Enforcement Act (UIGEA) may not cover BTC since it might not be considered a legitimate currency. All books are in the same quandary with Bitcoins and players from the US.

I don't know if coinbet will be a stiff book or great book. I'm just siding with coinbet against boss since I truly believe that boss tried to pull a fast one. Plus it looks like coinbet can use it little help since it's outnumbered. Smiley
Lucky Cris
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January 23, 2014, 12:45:25 PM
 #267

-computer- you really need to step back from the computer since you are just throwing a bunch of crap against the wall to see what sticks.  The Wire Act or Unlawful Internet Gambling Enforcement Act (UIGEA) may not cover BTC since it might not be considered a legitimate currency. All books are in the same quandary with Bitcoins and players from the US. I don't know if coinbet will be a stiff book or great book. I'm just siding with coinbet against boss since I truly believe that boss tried to pull a fast one. Plus it looks like coinbet can use it little help since it's outnumbered. Smiley
What's funny is that when I publicly asked Diaz and _computer_ to both provide proof that they're not the same person, Diaz/coinboss all of a sudden dropped his claim and settled for his initial deposit. But at any rate, I'm glad the 21k fiasco is over. I also don't know how great of a casino coinbett.cc will be... but I'm hoping that they become an asset to this community. We only have a handful of fair casinos, and we could definitely use another with a large variety of games. If they keep it up, I can imagine they could take a large chuck of the market share (fingers crossed).

US players are actually encouraged to use BTC to fund their accounts and to keep their accounts anonymous. The terms of certain payment processors require that we include the language you quoted in our terms and conditions, but bitcoin provides the anonymity needed for US players to still use our casino if they choose to. We have never terminated an account because it was from a particular country and we never will.
This is great! So one can deposit/withdraw BTC without actually signing up for an account? Since I already signed up I'll use mine but I'm making sure I understand. Actually, I tried to sign into my real account yesterday and got the error that my login was invalid Sad  but I was still able to sign into the first account that I asked to be cancelled. I'll contact tech support to fix it, but I just want to make sure before I do that I'm still able to play

If your deposit was converted improperly, please do email the info I requested above to support@coinbet.cc - we do NOT want you to have any discrepancies in your conversion, no matter how small. Sorry about that!
This is the type of customer service that keeps us coming back!  Smiley

I have faith in CoinBet seriously and I've been doing this for a long time.  I seriously do not think these are the type of people to take your money and run like bitcoinsports which was obvious since day 1. Coinbet- Please don't let scammers and shills scare you off.  Tighten up your operation a bit, and pay out legit gamblers.  Don't pay assholes who take try to scam you and save your money for the legit gamblers.
If you broke down scams player to book, 95% of the time it's the player that is trying to scam.
I wouldn't go as far to say 95% is all on the players; it's pretty evident how often we get scammed, which is why we're so damn weary! But as long as coinbet.cc continues to provide great service, there should be no reason why it can't succeed.
@ PharaohUB who are you calling a shill? Don't think you're referring to me of course, but it would be nice to know Tongue  Also, can you link me to the threads about bitcoinsports? I'm not sure if you're referring to betcoinsports? I've gots to know! Once upon a time betcoinsports was my fav... I'm on the hunt now and so hoping coinbet.cc makes the cut.

Reading through this saga makes me have so many questions it's not even funny.
If I were Coinboss and everything he said was true, I would not even request my funds back, I would be pulling out the guns and looking for suspicious people. I've watched Casino and wouldn't want to end up in a shallow desert grave. How did he scam the casino? All I see is that multiple accounts were apparently opened which violated the T&C but that is not scamming. I don't know and really this has been a fun read but exhausting at the same time.
There are still unanswered questions we have but this thread is so freakin messy I can't even find specific posts! And I doubt that everything coinboss said is true. Did he win 21k? Sure, but by fraudulent means. No one should expect coinbet..cc to explain in grave detail how the scam was executed (putting ideas in the minds of some) so be satisfied with the explanation provided - it was enough for us to determine from the start coinboss tried to pull a fast one! Hell if I were coinbet.cc, I wouldn't give him the initial deposit back, but that's me. And what is Casino, a movie? lol, do you honestly think it's that serious?

Fun read indeed Smiley  No doubt informative on both sides.

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January 23, 2014, 12:59:30 PM
 #268

When I'm not too tired I will comeback and put into a neat, concise form of questions that have already been asked, and left completely unanswered by this PIECE OF SHIT SCAM ARTIST......I've devoted so much time to this stupid ass scam artist and making this crystal clear, if you are in any way UNCERTAIN that you should put your money into this casino

1) You should be absolutely certain; this place is not going to pay you a large win. Sure maybe little wins. Any big win... Goodluck:) ...
2) They are not provably fair. They have been PROVEN TO BE UNFAIR if you SIMPLY read through this entire thread you will see for yourself..

WHy the hell is CoinBet not answering questions and continuing to evade them, OVER AND OVER, and just change the subject... Because he's hoping you don't listen to the people telling the truth... Listen to the phone call, the read CoinBet's post......

This will be appreciated _computer_ but when you do - leave all bias aside! There hasn't been any solid proof to label coinbet.cc a scam. All we want is a list of the questions that haven't been answered, that's all. I'd hate for this to turn into a bashing event, because that's not the intent. Please don't make into that.

1) We don't know this yet. We can't use coinboss' win as a basis to make this accusation because the win was void from the start! What would be a nice to know is why coinboss had to pay the 6k to claim the 21k, keeping in mind this was before the rep knew his account was under investigation.
2) Fair, there was an issue with the slots' difficulty level and the vouchers (those are the claims relating to not being provably fair I recall, but there could be more), but they made attempts to correct the issue.

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January 23, 2014, 03:51:36 PM
Last edit: January 23, 2014, 06:34:21 PM by Jcw188
 #269

I would like to point out two things that I consider different from the norm at this book compared to other sportsbook I've played at.  

1.  If you bet a 2 play parlay, if you win one and push the second, the book counts the entire parlay as a push and does not pay you on the 1/2 of the parlay you won (i'm not sure what happens if you bet 3 or 4 teams and one of them push while the others win.)

2.  I bet a soccer team, +2 goals, and the team lost by 2 goals.  It was graded as a loss.  I have no idea why this isn't a push but support told me their grading was correct.  I have never seen this before at a sportsbook.  

I mention these because these are 2 things I haven't see at other sportsbooks and I wouldn't want people to be (sadly) surprised, like I was.



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BitcoinzRulez
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January 23, 2014, 06:32:54 PM
 #270

Just another reason to avoid this place.  Wagers aren't graded as they would be at the other 99.9% of the books out there.
Lucky Cris
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January 23, 2014, 06:43:02 PM
 #271

I made my first deposit today .1 BTC. I'm communicating with tech support right now via email and I'm told the issue should be fixed in a few hours. But here's what's going on....

In the beginning many of us complained of the slots not paying. It's true. There was a time I spun over 1000x without a single win. Of course I could care less because it was free voucher credit. We were told there was an issue with the slot difficulty level and the vouchers. Okay, I can live with that, but the problem is, it's still doing it and it's my btc this time! Plus, 3 scatters don't result in free spins as they should. I sent tech support an email with the screenshot and the rep said he didn't see the scatters. I would post it here, but I don't think there's a need. I just found it hilarious that I had to point them out! And I also did not receive the 200% bonus, but I'm sure this will be honored.

In the interim, I'm withdrawing what I have left. I just hope that when I make another deposit, the 200% will be granted since I didn't get it this time. I'm waiting to hear from tech support to see what they have to say about it.

bitcoinsrock
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January 24, 2014, 08:10:54 AM
 #272

Coinbet made yahoo finance with a $1m giveaway.

Quote
Online Sportsbook & Casino CoinBet® Unveils Million Dollar Super Bowl XLVIII Giveaway!
Everyone Who Opens a New Account At CoinBet® Has a Chance To Win $1,000,000!
PR Newswire CoinBet Interactive Gaming
17 hours ago
NEW YORK, Jan. 23, 2014 /PRNewswire/ -- Starting today, sports bettors in the U.S. have the chance to win $1,000,000 in cash, a 2014 Mercedes S550, 20 4K Ultra HD TVs, or 200 other high value prizes in a Huge Super Bowl Giveaway sponsored by CoinBet® Interactive Gaming, S.A., the leader in bitcoin based online sportsbetting, casino gaming, and multi-player poker.


CoinBet®,the company credited with bringing online gambling back for U.S. residents in all states, facilitated by a BTC workaround, has announced that for every new account created on their site between now and February 2, 2014, there will be an added bonus! A BIG bonus. One that will change one lucky sports fan's life–– $1,000,000 in cold hard cash! The only "catch" is the winner must be at least 18 years of age, and be available for three press related events. A small price to pay for the HUGE $1,000,000 prize!

Anyone who signs up and makes a bet of either $500.00 or the BTC value equivalent, will be entered for a chance to win.

CoinBet® is an award-winning, bitcoin processing, provably fair online casino, sportsbook, and poker website offering its worldwide clients, no max wagers, instant payouts on winning wagers, anonymous account set-up, along with the very best sports coverage, over 150 single player casino games, Facebook plug-in, mobile games and a secure multi-player poker network with HD desktop and mobile device support.

Registered site members who have created accounts and made deposits can tell their friends and family about the giveaway using Facebook, Twitter, email and other social media channels. If any of their referred friends win, the referring friend receives exactly the same prize, even if it is the $1,000,000 grand prize or an automobile. This means everyone involved with this promotion has multiple chances to win.

Here's how to enter and see if you've won:

Visit www.coinbet.cc and register for a new account.
Place a minimum wager of $500.00 dollars OR in the U.S., the BTC value equivalent on the NFL Super Bowl XLVIII
Check your CoinBet account to see if you are the grand prize winner, or one of hundreds of other prize winners, by opening any email you receive from CoinBet®.
"Everyone benefits, not only from instant cashouts, but also from eliminating the excessive fees generally associated with 'traditional sportsbooks,'" said John Bauer, V.P., of CoinBet® Interactive Gaming, S.A. "We all benefit from enjoying the game with family and friends, and maybe winning a few dollars as well. Now there is a third benefit. Check your player account today and on top of your team winning the big game, and winning a few bucks, you actually have a real shot at a million dollar win!"
http://finance.yahoo.com/news/online-sportsbook-casino-coinbet-unveils-142900537.html
bitcoinsrock
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January 24, 2014, 08:16:04 AM
 #273

Coinbet has a great marketing team. I just did a google search for the past 24 hours.

Quote
Thursday, 01/23/14 04:38:22 AM
Re: None   

Post #   of 24065    


THIS BITCOIN*********INDUSTRY IS GROWING BY THE DAY!!!!

CoinBet® Launches a "Game Changing" Bitcoin Processing Online Casino, SportsBook, & Poker Site

Marks 1st Time since Black Friday that a Fully Licensed & Trusted Provider Offers Real-Money Online Gambling in U.S.!

Split Aces, Play Poker, or Place a Sports Bet with Bitcoin on CoinBet.cc

NEW YORK, Jan. 22, 2014 /PRNewswire/ -- A new era of gaming begins as CoinBet® launches its new online gambling site and wins the race to become the 1st fully licensed gaming operator to bring legal online gambling back for U.S. residents.


CoinBet® is an award winning online casino, poker & sports betting site dedicated to offering the safest and most trusted online gaming platform on the planet. Players worldwide will benefit from bigger bonuses, better odds, and access to more betting events, while U.S. based players can benefit from a world class platform (the first of its kind) that can legally accept real money bets from U.S. Players!

CoinBet® uniquely enables U.S. gamblers to instantly and safely move U.S. dollars in and out of their accounts using the increasingly popular cryptocurrency bitcoin. Privacy minded gamblers are calling this the ultimate betting account, because of the anonymous registration option, which requires only an email and password!

Offering real money online gambling for U.S. residents is a huge move from CoinBet® and has many in legal communities scratching their heads, but since bitcoin isn't officially recognized as currency by the U.S. government, online gambling with Bitcoin is not an illegal event under the Wire Act or Unlawful Internet Gambling Enforcement Act.

CoinBet® is excited to become the premier provider in the underserved U.S. gaming market that experienced a mass exodus of gaming operators on April 15, 2011 a day that has since been called "Black Friday" in the industry.

CoinBet.cc is not only the first to bring legal gambling back for U.S. residents, but they are also the first online casino & sportsbook ever to process cash payouts for players within minutes of a wagering result becoming final.

"Effectively, this means that you can place a wager before, or even during a game, and have your cash winnings hit your e-wallet before your team has even left the field!"

CoinBet Interactive Gaming, S.A. (CIG), is offering completely safe, trusted, and even anonymous gaming services, and digital funding options to U.S. players that many recognized gaming experts and Bitcoin devotees are calling "game changing" or incredibly disruptive right out of the gate.

"With industry-leading technology, Bitcoin processing for players worldwide, more sports betting options, zero transaction fees, lightning fast deposits and instant payouts, and even anonymous betting, we know consumers will quickly see why CoinBet is the best place to go for real money online casino games, poker games and for the most amazing online sports betting options worldwide." He added, "It's a very exciting time for us. We're literally leading a revolution!"

CoinBet(R) is not only the first to bring legal online gambling back for U.S. residents, but we are also the first bitcoin processing online SportsBook & Casino EVER to process cash payouts for players within 30 minutes of a wagering result becoming final! With instant BTC deposit, instant BTC cashout, no max wagering, facebook plugin, mobile app, and even a fully anonymous registration option, We clearly offer you and advantages and options that you cant find anywhere else!
Voted #1 BitCoin based online sports book and casino.
Video with caption: "CoinBet® Was Voted #1 Bitcoin Accepting SportsBook, Casino & Poker Site offering its Worldwide Clients, No Max Wagers, Instant Payouts on Winning Wagers, Anonymous Account Set-Up, Along With the Very Best Sports Coverage, Facebook Plug-in, Mobile App and Over 150 Games To Choose From!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96244521
bitcoinsrock
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January 24, 2014, 08:22:23 AM
Last edit: January 24, 2014, 08:34:51 AM by bitcoinsrock
 #274

Coinbet- Don't let us down. You are the first to state that online gambling is legal in the US. It could have some future impact.
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January 24, 2014, 08:37:18 AM
 #275

1m give away . seriously?

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January 24, 2014, 02:47:52 PM
 #276

Coinbet- Don't let us down. You are the first to state that online gambling is legal in the US. It could have some future impact.
+1

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January 24, 2014, 02:54:56 PM
 #277

Where is the $1 million coming from?  Is this for real Coinbet?  How many prizes in total will you have, and all I need to do is wager $500 on the game?  no other catches (assuming I'm over 18, which I am).

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January 24, 2014, 11:15:54 PM
 #278

I had to break this up... Just the important lines, some bolded for emphasis.

Why do I ask for my deposit back some ask? Because I honestly believe thats all ill get from the person that operates this site.

Here's the facts, I guess by rule I did break the t & c. But only by me and some of my buddies logging in to their site from the same location ( mind you I don't see how this is scamming or how it gives the player any edge.) I didn't even play in the same vicinityas those guys ( our stations are on compleatly different sides of the building) so doing this wasn't a problem before as we explained it to coinbet before the big winning when they asked why we had the same ip we explained and it was okay then.(note before I had won it was fine that we played from the same network becuase they told us it was).

I used only one voucher on the account I registered and it was erased along with any money won using the funds from that voucher. I deposited my own btc. (note at this point I have no funds from any vouchers or bonuses in my account balance). I use my own btc to win around 26-27 btc.

When I ask to withdraw the funds I'm told that my accounts been placed on hold until the fraud team determines if I was a legitimate player or not. Get a call the next day claiming that my account has cleared manual review and is currently available to be withdrawn from. I asked to call them back later (sleeping at the time and don't wanna make and calls while asleep)call back ask to withdraw my funds and am told the story about the software and win rate percentage being to high.

Am told I need to deposit 1/3 of whatever I wanna withdraw.

Come to bitcoin talk and explain my story to you guys. (mixed responses but mostly called a scammer and people siding with coinbet) am told by friend to inform casino obese retaining lawyer and then got death threat. Ill be following up on this situation more off this forum were I will get results and not trolls. But really guys just ask yourself what type of program requires you deposit 1/3 of what ever your trying to withdraw really just ask yourselfs

Interesting. Im glad you decided to post your side of the story. I'm sure there will be lots of questions. If this is really the way it went down, coinbet.cc's T&C is going to cause a lot of headache down the road for many.

Makes you wonder, if the slots' difficulty was initially too high (experienced by most to be true), how are we not to believe the win rate wasn't set too high, even if by accident?

Now I'm asking myself, did coinbet pull their T&C card so they didn't have to pay? My husband set up an account on his computer, only played for a short while... But what's stopping coinbet from using the 'multiple accounts in one environment' stipulation on me??? Technically, I did violate (as I'm sure 99% of us are in violation), unknowingly or not.

I think it's time for those Terms and Conditions to be read by everyone who plays, or is considering to play here.

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January 24, 2014, 11:53:30 PM
 #279

The problem with coinbet.cc using there terms and conditions to disqualify me is that we opening stated that this is what we where doing so ask to be transparent what I want to know is why my account was cleared by the fraud team manually and then only roughly 6btc would unlock my funds. It makes you wonder. Cause at this point coinbet isn't paying cause I violated the terms but has yet to explain the 1/3 rule.

Yes, it does. And I don think we'll get a response, but we'll see. Actually the way the terms are written, I'd be surprised if anyone could win an argument regarding it.

Yesterday I deposited BTC and didn't get the 200% deposit bonus, or the Thursday deposit bonus either. The slots still weren't not paying and I didn't want to risk my coins as I've played 1000x in a row with a single win. Because I made an actual deposit and wasn't using free credits, it couldn't be an issue with free vouchers like we were initially told. I can't believe that now.

I requested a withdrawal, which was processed quickly, but I've yet to hear from support about getting the first time deposit bonus, if I make another.

At this point, I still don't know who to believe, but if what you said is true, why give in? That's a lot of money to just let go, especially if it was because you played in the same environment as someone. So if my girlfriends and I are hanging out in a coffee shop using their wi-if... Guess what, if one if us wins big and coinbet didn't want to pay, we could be disqualified, plain and simple. That's there rule, not my interpretation.

I'm starting to wonder if they had the money to pay. Having to deposit 6btc just to turn around and withdraw doesn't make any sense. But I bet... Had you done so, you'd probably have to meet roll over requirements on it!

Your choice, but lots of us are subscribed. And since you seem to be back now, my offer still stands. I'm willing to verify that you and computer are not the same person.

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January 25, 2014, 12:12:36 AM
 #280

The distraction trick will not help. We are not the same people but if we are what does it do for coinbets argument why are people focused on that verses why coinbets hasn't provided any evidence that couldn't be facted by a desperate person trying not to pay 26 btc. And I never said I give up I just choose not to continue this battle on this battle ground I choose to fight or in the real world where I already have a police report processing.

Distraction? Seriously? Lol. If you don't see how proving you're not him gives coinbet no more fuel, then gawd help you in the real world.

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