#1 RATINGS and REVIEWS of SPORTS BOOKS thread. Poster input appreciated.

[Micon]

RTFT!


It's obvious you looked at the first page or a few pages and skipped most of it.

You skipped over the 2nd half of the thread where the majority of the posts were  discussing SBObitcoin.com beginning with post #83.

This is accurate.  I assumed the 1st post would be "current ratings"

I will read this entire thread starting now.  really curious more than anything.  Seems like a brand new model.

 "we use same conversion for deposit and withdraw to bitcoin" seems to be a fundamental flaw.  

My assumption of how it works is that you "sell" your bitcoins to them when you deposit and then "buy" bitcoins from them when you withdraw.  You basically place bets through them, not with them.  I could be mistaken though.

At first I read this as "SBO locks in a price and does both your deposit and withdraw at that price"

but then now I think it's something like "for every 1 bitcoin we give you 5k SBO units and upon cashout you give us 5k SBO units we give you 1 bitcoin"  

can't quite figure it out still.  The site looks very professional and it's possible whoever is operating it may have a novel idea here and I just don't quite understand it yet.



As for the rating system, IMO it seems the community love the very simple bitcoin-in-bitcoin-out | no dox | fast withdraw | long history of paying winners | never any fiat conversion books like bitbook / cloudbet / nitrogen.  There is something to be said (maybe B rating?) for btcsportbook / btcsportsmatch / anonibet and formerly bitcoinsports.eu (although to be fair I have not read that thread either and do not know what the issue is with bitcoinsports, I simply see ppl are pissed off)

the ones that aren't quite as pure, maybe taking longer to pay, offering less games, or requiring more personal info but still do function as a legitimate sportsbook I think should deserve a "B" level rating.  IMO reserve F for scams.

glglglgl to all the degens in this thread.

Every sharp in Vegas bet Seattle.

[1715021338]

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[1715021338]

1715021338

[Rating Place]

RTFT!


It's obvious you looked at the first page or a few pages and skipped most of it.

You skipped over the 2nd half of the thread where the majority of the posts were  discussing SBObitcoin.com beginning with post #83.

This is accurate.  I assumed the 1st post would be "current ratings"

I will read this entire thread starting now.  really curious more than anything.  Seems like a brand new model.

 "we use same conversion for deposit and withdraw to bitcoin" seems to be a fundamental flaw.  

My assumption of how it works is that you "sell" your bitcoins to them when you deposit and then "buy" bitcoins from them when you withdraw.  You basically place bets through them, not with them.  I could be mistaken though.

At first I read this as "SBO locks in a price and does both your deposit and withdraw at that price"

but then now I think it's something like "for every 1 bitcoin we give you 5k SBO units and upon cashout you give us 5k SBO units we give you 1 bitcoin"  

can't quite figure it out still.  The site looks very professional and it's possible whoever is operating it may have a novel idea here and I just don't quite understand it yet.



As for the rating system, IMO it seems the community love the very simple bitcoin-in-bitcoin-out | no dox | fast withdraw | long history of paying winners | never any fiat conversion books like bitbook / cloudbet / nitrogen.  There is something to be said (maybe B rating?) for btcsportbook / btcsportsmatch / anonibet and formerly bitcoinsports.eu (although to be fair I have not read that thread either and do not know what the issue is with bitcoinsports, I simply see ppl are pissed off)

the ones that aren't quite as pure, maybe taking longer to pay, offering less games, or requiring more personal info but still do function as a legitimate sportsbook I think should deserve a "B" level rating.  IMO reserve F for scams.

glglglgl to all the degens in this thread.

Every sharp in Vegas bet Seattle.

The ratings are updated so the first post has up to date ratings. Sharp action originally came in on Denver. Vegas books moved the line to 3 and all the sharp action came on Seattle. One book even put up 3.5 but it got knocked down immediately. I'd have to look back to make sure this is all accurate but that's from memory. I think LVH opened at Sea -1.5. By the time I made it there, it was Den -1.

[Charlie Robert]

Charlie Robert - "You are most welcome to visit us anytime. There is no hidden agenda here. Exposing our address can be good also bad thing for our business.
Thanks for all yout quiry"

"There is no hidden agenda here."

Then please answer  the questions I've asked you for the 2nd time in Post #171 above, rather than ignore them.

Also, when you enter the thread as a representative of one of the companies involved, it is helpful to state which company you are with and what your position is there.




" Exposing our address can be good also bad thing for our business."

Not sure what this means, but more importantly not sure why you even mention this. Are you taking obfuscation lessons from Peeps Place?

In all of the posting I've done in this thread, I have never asked for the physical address of sbobitcoin.com.

Dear Gogo,

Ole Group International is our Head Quarter and Sbobitcoin.com is under my supervision currently in Super-i Division. We based at Philippines.

I'm sorry for your inconvinient about Ole Group International email on the web (enquiries@oleintl.com), but recently i've tried to email that outside the web form and already aswered. Perhaps you can try again. We launched sbobitcoin.com about six months ago, so we may have not put into the list yet at Ole Group International web.

Personally I think in this igaming business, instead of what we build is trust we cannot actually expose our companies in the web. I hope this post will answer your question about us, and no longer an issue.

Thank you

Charlie Robert
Assistant Marketing Manager & Business Development
Super-i Division
Ole Group International

[Rating Place]

If you have a couple of seconds please check the boxes in the survey. This will be really beneficial to accurate ratings. Thanks

http://peepsplace.com/ratings/?page_id=115

[sosulon]

Today i made a withdraw of $409 from Coinbet.cc and the payout took only 5-10 minute .

Tx id

https://blockchain.info/tx/d45872fd729064a8d10d25bdcdbcc33e575ebcb162312f507a50e6503ea7c80e

[Rating Place]

Today i made a withdraw of $409 from Coinbet.cc and the payout took only 5-10 minute .

Tx id

https://blockchain.info/tx/d45872fd729064a8d10d25bdcdbcc33e575ebcb162312f507a50e6503ea7c80e

Thanks

More input would be appreciated. It would also help if some took the survey. Thanks
http://peepsplace.com/ratings/?page_id=115

[Rating Place]

This is what is asked. You just click the answers. It takes a few seconds. We'll wait a week and then update ratings.

User Survey
Player input is vital to an accurate rating system. Please fill out this survey as completely as possible, and give us additional information if needed at the end of the survey. Thanks!

*What sportsbook is being reviewed?

 Anonibet    Betcoinlive    Betcoinsports    Bitbm    BitBook    Bitbet    Bitcoinsport  Bitsaloon    BTCSportsbet    BTCSportsmatch    Casinobitcoin    Cloudbet    Coinbet  Darkbet    DirectBet    Jetwin    NitrogenSports    SBObitcoin    Stakebet    Other

How fast was your payout?
Under one hour    1-3 Hours    4-12 hours    12-24 Hours    More than one day

Does this sportsbook require a valid email address?
 Yes    No    Unsure

Does this sportsbook require a name or other personal information (not counting an email address)?
 Yes    No    Unsure

How Long have you played at this sportsbook?
 Under one week    Between one and four weeks    Between four weeks and six months  More than six months

Does this sportsbook require a post-up deposit?
 Yes    No    Unsure

How would you grade this sportsbook's payout speed?
 A    B    C    D    F    Unsure

How would you grade this sportsbook's lines?
 A    B    C    D    F    Unsure

How would you grade this sportsbook's customer service?
 A    B    C    D    F    Unsure

Then there is an area if you wish to post about your personal experiences with the book.

[Rating Place]

thx for the info, Very helpful

Thanks. It's only as good as the input from the whole community.

[Gogo ppp]

Charlie Robert - "You are most welcome to visit us anytime. There is no hidden agenda here. Exposing our address can be good also bad thing for our business.
Thanks for all yout quiry"

"There is no hidden agenda here."

Then please answer  the questions I've asked you for the 2nd time in Post #171 above, rather than ignore them.

Also, when you enter the thread as a representative of one of the companies involved, it is helpful to state which company you are with and what your position is there.




" Exposing our address can be good also bad thing for our business."

Not sure what this means, but more importantly not sure why you even mention this. Are you taking obfuscation lessons from Peeps Place?

In all of the posting I've done in this thread, I have never asked for the physical address of sbobitcoin.com.

Dear Gogo,

Ole Group International is our Head Quarter and Sbobitcoin.com is under my supervision currently in Super-i Division. We based at Philippines.

I'm sorry for your inconvinient about Ole Group International email on the web (enquiries@oleintl.com), but recently i've tried to email that outside the web form and already aswered. Perhaps you can try again. We launched sbobitcoin.com about six months ago, so we may have not put into the list yet at Ole Group International web.

Personally I think in this igaming business, instead of what we build is trust we cannot actually expose our companies in the web. I hope this post will answer your question about us, and no longer an issue.

Thank you

Charlie Robert
Assistant Marketing Manager & Business Development
Super-i Division
Ole Group International

Charlie Robert - Thank you for responding and giving a little more background.

[Rating Place]

StakeBTC opened to forum members on January 18, 2014, although they have been open to a private group for a longer time. StakeBTC has a maximum bet of 30 BTC and many seem to play with StakeBTC for this reason. Others advertise higher limits but rarely is it available. There are a lot of good things about StakeBTC that I don't even want to mention at this time because of one point. When a sports book offers a 100% bonus with a 2x rollover, that's a huge red flag. The only thing keeping StakeBTC from being a "F", because of that bonus, is that they haven't had one complaint as far as payouts. StakeBTC opens at "D".

StakeBTC downgraded to "F"

[quone17]

Yeah I almost got sucked in by stake BTC bonus but it seemed too good to be true. And I didn't hear many good withdrawal experiences on there. The line about being open to a smaller group before going public set off red flags for me too. Can't believe they've just disappeared though

On another note will any BTC book be offering spring training betting?

[Rating Place]

Another bitcoin book has taken the money and ran. StakeBTC.com is now off line, owing thousands of dollars to its clients.

StakeBTC first made itself known just last month with an initial post on Bitcointalk.org. They promised instant deposits and withdrawals, top-notch customer service and live chat with its represenatives.

They also gave a 25% bonus on a bettor's initial deposit, requiring a three times rollover before withdrawal. That was just the beginning, however. They soon offered juice free wagering; each winning bet received an additional 10% bonus. Another bonus offer rewarded a bettor .5 BTC for winning three straight bets, with the minimum wager being .1 BTC.

More "free money" began to be handed out. StakeBTC's next bonus offer was a gift to gamblers, a clear red flag: 100% bonus requiring just 3x rollover. That brought in a nice chunk of money. So they next offered the same 100% bonus with just a 2x rollover. Still in effect was the juice free wagering with winning bets receiving a 10% bonus. The ponzi scheme, paying off early investors with new money, was well under way.

The first sign of trouble occurred on Thursday. A long-time forum poster, known to many as Doc Dekay http://www.peepsplace.com/showpost.p...62&postcount=6, reported on Bitcointalk.org that a Wednesday payout request still hadn't been processed. He then stated StakeBTC was taking a shot at him:

Quote:
"-Last night at 12:53 am Eastern I made a withdrawal request for 15 btc
-This morning my request had yet to be fulfilled.
-Since live chat was down i asked at 932 am est what the status was in this thread.
- at 1014 am est a reply on here said my account was entirely pending.
- these bets were made at 1012 and 1015 est.
- the three bets were on cbb moneylines. I have never once bet cbb MLs and have never bet this much. All my bets range from 500 credits to 2500 credits. i give this book a lot of action and have never once bet more than that (500 credits = 1btc).
StakeBTC stated that Doc had made 40 BTC worth of bets that morning, and that the withdrawal request had come in after those bets were made, not the previous night. This was shown to be a lie when Doc Decay produced an email from him to StakeBTC requesting the payout from the previous night, made right after the withdraw request was filed online.

And that was the last we heard from StakeBTC. The site is now offline. Emails are bouncing. Reports of other thefts are starting to trickle in as well.

"Most bitcoin sportsbooks have no history," says Adam Hart, known as Raiders at PeepsPlace.com. "The anonomyity that makes bitcoins popular also allows bitcoin sportsbooks to be anonymous as well."

Hart is in the process of rating these new books specializing in bitcoins. "The benchmarks are different from regular post-up sportsbooks," says Hart. "Payout speed is the key determination. With post-up books, it might be a week before a bettor has his check in hand. A good bitcoin sportsbook will pay out in hours.""

They will also be unknown to all. "We know who runs Bookmaker. We know who runs 5 Dimes. But we don't know who runs BitBook."

That's not entirely a bad thing, as anyone familiar with The Greek and Legends sportsbooks know. It does, however, increase a bettor's risk. "There's going to be a lot more StakeBTC's crawling out of the muck," says Hart. "That's the nature of the business. The key is to shine a little light on these guys before anyone gets burned."

[phibay]

Any one heard from Coinbet ?

[Rating Place]

Any one heard from Coinbet ?

Coinbet is going strong. They voluntarily closed their thread.

[phibay]

Any one heard from Coinbet ?

Coinbet is going strong. They voluntarily closed their thread.

What do you mean going strong ? have you heard from them ?

[Rating Place]

Yes. I was in contact with them by email two days ago. support@coinbet.cc

[phibay]

Yes. I was in contact with them by email two days ago. support@coinbet.cc

2 days ago...

[Rating Place]

Yes. I was in contact with them by email two days ago. support@coinbet.cc

2 days ago...

Yes. You can contact them by email. They respond fast.

[Rating Place]

Bitcoinlivebets upgraded from "F" to "D" as there are no reports of outstanding withdrawals.

Please add to the Book Survey http://peepsplace.com/ratings/?page_id=115 so that other adjustments may be made based upon feedback.

[Gogo ppp]

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