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Activity: 1232
Merit: 1014
FPV Drone Pilot
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February 21, 2014, 03:50:39 AM |
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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.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Rating Place (OP)
Legendary
Offline
Activity: 3692
Merit: 1058
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February 21, 2014, 03:55:31 AM |
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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.
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Charlie Robert
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Activity: 3
Merit: 0
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February 21, 2014, 05:16:04 AM |
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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
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Rating Place (OP)
Legendary
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Activity: 3692
Merit: 1058
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February 22, 2014, 04:50:53 AM |
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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.
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Rating Place (OP)
Legendary
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Activity: 3692
Merit: 1058
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February 22, 2014, 05:52:31 AM |
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thx for the info, Very helpful
Thanks. It's only as good as the input from the whole community.
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Gogo ppp
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Activity: 1078
Merit: 1000
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February 22, 2014, 07:36:10 AM |
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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.
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Rating Place (OP)
Legendary
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Activity: 3692
Merit: 1058
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February 23, 2014, 04:03:58 AM |
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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"
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quone17
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February 23, 2014, 04:53:07 AM |
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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?
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Rating Place (OP)
Legendary
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Activity: 3692
Merit: 1058
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February 24, 2014, 11:18:45 AM Last edit: February 24, 2014, 02:57:45 PM by Peeps Place |
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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."
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phibay
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February 24, 2014, 11:29:42 AM |
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Any one heard from Coinbet ?
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Rating Place (OP)
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Activity: 3692
Merit: 1058
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February 24, 2014, 11:34:40 AM |
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Any one heard from Coinbet ?
Coinbet is going strong. They voluntarily closed their thread.
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phibay
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February 24, 2014, 11:40:45 AM |
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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 ?
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Rating Place (OP)
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Activity: 3692
Merit: 1058
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February 24, 2014, 12:05:03 PM |
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Yes. I was in contact with them by email two days ago. support@coinbet.cc
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phibay
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February 24, 2014, 12:22:56 PM |
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Rating Place (OP)
Legendary
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Activity: 3692
Merit: 1058
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February 24, 2014, 12:25:29 PM |
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Yes. You can contact them by email. They respond fast.
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Rating Place (OP)
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Activity: 3692
Merit: 1058
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February 24, 2014, 05:13:14 PM Last edit: February 24, 2014, 07:00:49 PM by Peeps Place |
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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.
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Gogo ppp
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Activity: 1078
Merit: 1000
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February 24, 2014, 05:36:21 PM |
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