BetVIP claimed they are world’s first licensed Bitcoin sportsbook, founded in 2014 but they quickly closed their business in Friday 12th June, and it seems that Cloudbet take them over.
To all our users
The shareholders of BetVIP have decided to suspend trading of the business as of Friday 12th June. Due to the early nature of Bitcoin sports betting and an increasingly restrictive legal environment, BetVIP was unable to reach a viable revenue in order to make it feasible to continue operating the business going forward.
All withdrawal requests will be honored and paid. Please lodge your request to
info@betvip.com with subject ‘Withdrawal Request’. Please lodge your withdrawal request before 28 of June 2015 and any payments will be authorised at the latest by 30 June 2015.
Regards
BetVIP
I don't know who controls their Bitcoin wallet (Cloudbet maybe) but few days ago this address received 100 BTC after one whale moved 21,446 BTC and sent them to 3 adresses:
https://www.blockchain.com/btc/tx/8697c6cbdae4cc9831deaac5178907d855e1a842d1bd77d3710a7837598c1da4Owner for one address was identified as BetVIP, and it has been very active in this year:
https://bitinfocharts.com/bitcoin/address/3DivdQbk6s8FB2RBoaRssTU7UNG7wbLKn5Website:
https://www.betvip.com/Archive:
https://web.archive.org/web/20150518145022/https://www.betvip.com/It is interesting what happened with their domain now showing bet365 website in chinese language:
Archive1:
https://web.archive.org/web/20180110082751/https://www.betvip.com/Archive2:
https://web.archive.org/web/20201108133409/https://www.betvip.com/new update
https://www.betvip.com"Site Message
The shareholders of BetVIP have decided to suspend trading of the business as of Friday 12th June. Due to the early nature of Bitcoin sports betting and an increasingly restrictive legal environment, BetVIP was unable to reach a viable revenue in order to make it feasible to continue operating the business going forward.
BetVIP 30 June 2015 Update:
Cloudbet has acquired BetVIP's client account database and player liabilities
All withdrawals requested will be honoured by Cloudbet as of immediate effect via Cloudbet login.
A new Cloudbet account has already been created, with the same email address as your BetVIP account. Simply browse to Cloudbet.com and use the "Forgot your password?" link to set your password for the first time. It will send you an email with instructions on how to reset your password.
Log in to your Cloudbet account, click Withdraw, and input your bitcoin address and withdrawal amount. That's all there is to it.
There are no requirements at all. You are free to withdraw immediately.
Please see
https://cloudbet.com/en/betvip_faq for any further assistance in this regard.
Please contact us at
info@betvip.com before 31 July 2015 if you believe your Cloudbet account was credited with an incorrect amount, or if you would like your bet history.
This move benefits BetVIP customers, and the entire betting community. BetVIP customers can access their accounts and funds immediately, and gain access to all of Cloudbet's exciting casino and sports betting services. In particular - for the first time ever - BetVIP customers can play casino games with huge jackpots, and bet on sports and casino games from their mobile phones Cloudbet's industry-leading mobile service.
Deposits and withdrawals at Cloudbet are instant, all player funds are stored in cold storage, and players can secure their accounts with 2-factor "
So now everyone's accounts have been transferred to Cloudbet, with whom I've had an account for over a year but Cloudbet tell me my amount owed by Betvip is zero as my total did not cover a bonus work through!
That has to be absolute cobblers as I joined around 9 months ago with a deposit of 1 bitcoin and got a 100% bonus with terms and conditions that it had to be turned over a few times. I can't recall exactly but I believe it was somewhere in the 3-5 times region.
Seeing as I used to have a couple or more bets a day ranging in stake from between 0.3 and 1.0 bitcoin I would have done that in a few months easily!....let alone 9 months.
I even looked at how much was available to withdraw a few days before the site folded and the figure was the whole amount that was in my account whereas in the early days it was always less than I had showing due to the bonus work through.
I've now had to email and request my betting record to try to sort it all out.
So far of course, I've heard nothing back.
BetVIP have to go down as the very worst outfit to have ever run an online sportsbook.
The people responsible should be ashamed of themselves.
Have now sent TWO requests for my betting history as it says on the front page at
www.betvip.com so that I can prove they are holding back my bitcoin wrongly........of course I have had nothing back yet.
What a fucking bunch of useless bastards.
