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Author Topic: #1 RATINGS and REVIEWS of SPORTS BOOKS thread. Poster input appreciated.  (Read 89460 times)
Bismarckbkk
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April 15, 2014, 09:58:49 AM
 #601

Bismarckbkk - we sent you a pm as well for privacy but what is your username?  Is your complaint with regards to the deposit bonus and how to redeem it?  We can email you this or write it hear, plus it is in our FAQ's.  Please let us know.

What email did we not respond back to?



Why dont you check your inbox for the email ? I sent 2. I read your FAQ, the reason for the email was that the FAQ speaks of a 100% match deposit Bonus while the banner with a half naked woman on poker table says 1 BTC for min of 5 BTC deposit.


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April 15, 2014, 10:15:17 AM
 #602

Peeps place, can you explain cloudbet rating? They odds look good all the time and they do offer a dep bonus but im afraid to deposit any significant amount there after trying a B rated book.

Are their withdrawal issues you know of?

Hi Bismarcbkk,

We process all withdrawals automatically and immediately, with the exception of very large withdrawals, which are processed within 24 hours (usually much sooner). All deposits go directly into cold storage.

Please let us know if you have any questions and we'll be happy to answer them directly.

Cheers,
Cloudbet

What is the defintion of " large " ? Is the deposit Bonus credited directly or credited as it clears?



Would like to know that too, because I like CloudBet a lot and I'm planning to use it in the future. + I would like to know whether there is a registered company / or some persons with real id behind CloudBet, this would increase my trust.

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April 15, 2014, 10:30:33 AM
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Would like to know that too, because I like CloudBet a lot and I'm planning to use it in the future. + I would like to know whether there is a registered company / or some persons with real id behind CloudBet, this would increase my trust.

Registered companys mean little as they can be incoorporated for a few thousand dollars at any offshore location. If they have a gambling license at some jurisdiction it means more but still there is very little to no oversight. Ive seen it many times where licenses comopanys did not hold segregated accounts for customer funds and even had faulty software.

I think the most important thing is customer service and withdrawal times. As soon as there is a problem with either of them its time to stay away.

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April 15, 2014, 10:51:27 AM
 #604

Peeps place, can you explain cloudbet rating? They odds look good all the time and they do offer a dep bonus but im afraid to deposit any significant amount there after trying a B rated book.

Are their withdrawal issues you know of?

Hi Bismarcbkk,

We process all withdrawals automatically and immediately, with the exception of very large withdrawals, which are processed within 24 hours (usually much sooner). All deposits go directly into cold storage.

Please let us know if you have any questions and we'll be happy to answer them directly.

Cheers,
Cloudbet

What is the defintion of " large " ? Is the deposit Bonus credited directly or credited as it clears?



Hi Bismarckbkk,

The bonus is credited to a separate "bonus" account. As you make wagers, you will earn loyalty points. Each 800 loyalty points you earn will release 0.01 BTC of bonus to your main account, at which point you can bet or withdraw with it as you please. So - you must playthrough before you receive the bonus.

As for what a "large" withdrawal is, this changes depending on our bitcoin holdings and we can't identify specifically what it is, in order to prevent abuse. If you can indicate what size withdrawals you are making, I can tell you if they would be processed instantly or require manual approval. Or, you could simply give it a spin yourself. Comfortably over 95% of our withdrawals are processed automatically.

Cheers,
Cloudbet



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April 15, 2014, 10:56:35 AM
 #605

What are the withdraw restriction as long as the bonus is running? Say I deposit 5 bitcoin to take full advantage of the bonus. Would you allow me to withdraw 3 Bitcoin and leave 2 ? I do sportsbetting and normally do not bet more then 2 BTC a day. SO I would waste 3 Bitcoin lying around for nothing.

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April 15, 2014, 11:12:36 AM
Last edit: April 15, 2014, 11:25:09 AM by Peeps Place
 #606

Peeps place, can you explain cloudbet rating? They odds look good all the time and they do offer a dep bonus but im afraid to deposit any significant amount there after trying a B rated book.

Are their withdrawal issues you know of?
Hi Bismarck,

Withdrawals are immediate. Cloudbet opened in Sept 2013. Because of the amount of bitcoin books that have gone under, a book must be in business for at least one year to get a "B" rating. Cloudbet has the highest rating that a book can get at "C+" for a book being in business less than a year.

With the bonus, they release the bonus slowly into your account based on loyalty points. Even though I play there I'm not 100% sure how the loyalty points work. It does seem to take a lot of play to earn the bonus. They did have some technical problems with deposits that have been solved.

 These guys seem to have been in the business for a long time prior to opening Cloudbet. Overall, I think it's a very good book. There haven't been any problems with payouts.

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April 15, 2014, 11:30:42 AM
 #607

Does any one have a sucessfull withdraw from coinbet ?
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April 15, 2014, 11:40:02 AM
 #608

Does any one have a sucessfull withdraw from coinbet ?
I've had a few but haven't taken one in at least a month. Only one complaint has come in since then and it was a case of a player that hadn't met his rollover. They have responded to all of my PMs and emails promptly. One downfall that they do have is the rollover of 25x so be aware of that. You can decline the bonus if you choose and take your money out at any time.

If anyone else has comments on coinbet, please post.

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April 15, 2014, 11:43:36 AM
 #609

The "C+" books are fairly strong. I still feel that your funds are much more secure with the "A" and "B" books. It wouldn't shock me if a C+ book or lower went under. This isn't a criticism of the intent of "C" books, it's the state of the industry. Until the Bitcoin books convert more players from cash to bitcoin, they are all fighting for the same customers and just playing tug of war.

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April 15, 2014, 11:48:20 AM
 #610

What are the withdraw restriction as long as the bonus is running? Say I deposit 5 bitcoin to take full advantage of the bonus. Would you allow me to withdraw 3 Bitcoin and leave 2 ? I do sportsbetting and normally do not bet more then 2 BTC a day. SO I would waste 3 Bitcoin lying around for nothing.

Hi Bismarckbkk,

There are no withdrawal restrictions while the bonus is running. You can withdraw at any time without affecting your bonus.

Cheers,
Cloudbet


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.CLOUDBTCET
ESTABLISHED 2013
       ▄▄▀▀▀██████▄
   ▄
██████▀▀███████▀▀▄
 ▄█[/color]█████▀▄███████████▄▀▄
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Bismarckbkk
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April 15, 2014, 03:50:25 PM
 #611

Thank you , it seems cloudbet is good news then. Especially the fact that they let the player withdraw  without affecting the bonus is really nice.

But one thing I have to criticize is the amount how loyalty points are earned. Its the most complicated thing I ever saw. And how they exchange into BTC is also questionable. Who came up with it and thought it a good idea.

Why not just make it x wagered  1 or 10 loyalty points and redeem for 0.01 BTC. Since 800 redeem for 0.01 BTC I dont see why it couldnt be 1 or 10. What do I need 800 for?

Otherwise everything seems good. I will make a deposit after tonight games.


Btw still nothing from betcoin if you can believe that.

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April 15, 2014, 06:29:48 PM
 #612

Thank you , it seems cloudbet is good news then. Especially the fact that they let the player withdraw  without affecting the bonus is really nice.

But one thing I have to criticize is the amount how loyalty points are earned. Its the most complicated thing I ever saw. And how they exchange into BTC is also questionable. Who came up with it and thought it a good idea.

Why not just make it x wagered  1 or 10 loyalty points and redeem for 0.01 BTC. Since 800 redeem for 0.01 BTC I dont see why it couldnt be 1 or 10. What do I need 800 for?

Otherwise everything seems good. I will make a deposit after tonight games.


Btw still nothing from betcoin if you can believe that.
They haven't paid you the 1 BTC yet? Did they say anything about it in their PM/email? It's unacceptable to wait this long for a withdrawal. They will get a downgrade if this is the case since they were well aware of the situation.

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April 15, 2014, 06:35:10 PM
 #613

Thank you , it seems cloudbet is good news then. Especially the fact that they let the player withdraw  without affecting the bonus is really nice.

But one thing I have to criticize is the amount how loyalty points are earned. Its the most complicated thing I ever saw. And how they exchange into BTC is also questionable. Who came up with it and thought it a good idea.

Why not just make it x wagered  1 or 10 loyalty points and redeem for 0.01 BTC. Since 800 redeem for 0.01 BTC I dont see why it couldnt be 1 or 10. What do I need 800 for?

Otherwise everything seems good. I will make a deposit after tonight games.


Btw still nothing from betcoin if you can believe that.
They haven't paid you the 1 BTC yet? Did they say anything about it in their PM/email? It's unacceptable to wait this long for a withdrawal. They will get a downgrade if this is the case since they were well aware of the situation.
Bout time. In my experience went up 2 coins months back from a .35 BTC deposit. Made a withdraw for full amount, no response to emails or anything for 24+ hours. I then gambled a bit and went down to 0.50-0.75 BTC and requested full cashout. That amount was sent within 30 minutes.

Gave them two chances and they failed awfully both times. In my opinion, they should be a D until this magical instant withdraw is enabled. At which point I'd give them a C+.
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April 15, 2014, 06:39:38 PM
 #614

Yes I can confirm that withdrawal still has not been made.

PM asked for my username/email.

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April 15, 2014, 06:41:24 PM
 #615

Yes I can confirm that withdrawal still has not been made.

PM asked for my username/email.
How long have you been waiting for your withdrawal? When did you PM them back with username/email?

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April 15, 2014, 06:46:38 PM
 #616

Thank you , it seems cloudbet is good news then. Especially the fact that they let the player withdraw  without affecting the bonus is really nice.

But one thing I have to criticize is the amount how loyalty points are earned. Its the most complicated thing I ever saw. And how they exchange into BTC is also questionable. Who came up with it and thought it a good idea.

Why not just make it x wagered  1 or 10 loyalty points and redeem for 0.01 BTC. Since 800 redeem for 0.01 BTC I dont see why it couldnt be 1 or 10. What do I need 800 for?

Otherwise everything seems good. I will make a deposit after tonight games.


Btw still nothing from betcoin if you can believe that.
They haven't paid you the 1 BTC yet? Did they say anything about it in their PM/email? It's unacceptable to wait this long for a withdrawal. They will get a downgrade if this is the case since they were well aware of the situation.
Bout time. In my experience went up 2 coins months back from a .35 BTC deposit. Made a withdraw for full amount, no response to emails or anything for 24+ hours. I then gambled a bit and went down to 0.50-0.75 BTC and requested full cashout. That amount was sent within 30 minutes.

Gave them two chances and they failed awfully both times. In my opinion, they should be a D until this magical instant withdraw is enabled. At which point I'd give them a C+.
They won't be a C+ for a while if they are making Bismarck wait 2 days for a withdrawal without some type of technical problem.

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April 15, 2014, 06:52:20 PM
 #617

I recieved withdrawal confirmation email 5:52 am GMT +7  which is 40 hours ago.

I replied to their pm april 15th 6:35 am . 20 hours ago.


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April 15, 2014, 07:09:41 PM
 #618

I recieved withdrawal confirmation email 5:52 am GMT +7  which is 40 hours ago.

I replied to their pm april 15th 6:35 am . 20 hours ago.


Unacceptable. There aren't any valid excuses outside of technical problems to make you wait this long.

Betcoinsports downgraded to "C".

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April 15, 2014, 07:12:40 PM
 #619

"A" rated books
Anonibet A (2011)

"B"rated books
NitrogenSports B+ (2012)

"C" rated books
Casinobitcoin C+ (2013)
Cloudbet C+ (2013)
SBObitcoin C+ (2013) *
CoinBet C (2014)
Betcoinsports C (2013)
DirectBet C (2013)
Jetwin C- (2013)
BetOWI C- (2014) *
Bitbm C- (2013)

"D" rated books
Coindraft D+ (2014)
Roadbet D+ (2012)
BetVIP D+ (2014)
Bitcoinlivebets D- (2013)

"F" rated books
Bitcoinsport
StakeBTC

* longer accepting cash deposits



Maximum grade based upon time in business:

A - 2 years
B - 1 year
C - 3 months
D - 1 month
F - reserved for books that are slow paying or stiffing players

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April 15, 2014, 07:20:28 PM
 #620

I recieved withdrawal confirmation email 5:52 am GMT +7  which is 40 hours ago.

I replied to their pm april 15th 6:35 am . 20 hours ago.


Unacceptable. There aren't any valid excuses outside of technical problems to make you wait this long.

Betcoinsports downgraded to "C".

They claim theyre upgrading to automated withdrawals.

Even if that turns out to be true whats the reason they do not reply to email? The only way to talk to them is through public pressure.

Also their pms didnt state when the withdrawal would be done, no apologies either.

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