MineBit.com | 10,000+ Games | 20% of Gaming Revenue Shared Every Friday

[Ojima-ojo]

Was looking at the upcoming forum tournament and certainly would be interested to join but have a few questions;

• With barely 10days to go, can we know how the prize structure is going to look like, if this can be drafted now this will get people signing up asap
• Will players be allowed to join the race mid way once the tournament starts?
• Can prize be escrowed to remove the uncertainty of not getting prize after tournament is concluded.

Nice website btw, the UI is superb 👌 and another non betby bookie is a plus  

Thank you for those vital questions at least if not for your comment I would have missed out on that forum tournament from minebet, but now we have to know the structure of the tournament if we can join half way or have to subscribe from the very beginning.


The manager will inform us on how the tournament is expected to go and what rules to play by, what I will do right now is to get everything set and waiting for the D date for tournament regardless if any further information is given or not.

[Pat | Minebit]

💰 $72 → $15,246.88. Duck Hunters, 211.76x.

Wins like that closed last cycle at -$72,908. The numbers were public the whole way.

New cycle is already counting. Watch it live on the House Profit Share page: https://minebit.com/profit-share

The house wins. You get 20% of it.

[julerz12]

• With barely 10days to go, can we know how the prize structure is going to look like, if this can be drafted now this will get people signing up asap
• Will players be allowed to join the race mid way once the tournament starts?
• Can prize be escrowed to remove the uncertainty of not getting prize after tournament is concluded.

Thanks for showing interest in participating in the tournament.
I asked the MineBit team about your questions, and here's what they said:

1. The prize structure will be visible from the moment somebody is added to the tournament, so it'll be visible there.
2. Yes
3. I'm not sure about this.

I'll keep on encouraging them to have an escrow for the prize pool since, just like you said, it will remove that uncertainty of not getting the prize after the tournament has ended.

The manager will inform us on how the tournament is expected to go and what rules to play by, what I will do right now is to get everything set and waiting for the D date for tournament regardless if any further information is given or not.

Yes. Also, AFAIK, they are currently working on the tournament page on the website, which will show the full rules and terms of this tournament. I'll inform you guys as soon as it's published.

[Bitinity]

The manager will inform us on how the tournament is expected to go and what rules to play by, what I will do right now is to get everything set and waiting for the D date for tournament regardless if any further information is given or not.

Yes. Also, AFAIK, they are currently working on the tournament page on the website, which will show the full rules and terms of this tournament. I'll inform you guys as soon as it's published.

I am waiting for the full terms of the tournament first, I've experienced exclusive bitcointalk wagering contests few times held by different casinos and it was always nice experience because it was profitable for me most of the time since the competition is not as hard as when it is global wagering contest on the website. Will be there live leaderboard in the tournament page they are currently working on? The challenge of wagering contest is about leaderboard because if there is no real time live leaderboard, it is harder for participants to decide what to do. On the opposite side, hidden leadeboard can be something fun and challenging because participants will need to predict their opponent wager's power.

[Ojima-ojo]

• With barely 10days to go, can we know how the prize structure is going to look like, if this can be drafted now this will get people signing up asap
• Will players be allowed to join the race mid way once the tournament starts?
• Can prize be escrowed to remove the uncertainty of not getting prize after tournament is concluded.

Thanks for showing interest in participating in the tournament.
I asked the MineBit team about your questions, and here's what they said:

1. The prize structure will be visible from the moment somebody is added to the tournament, so it'll be visible there.
2. Yes
3. I'm not sure about this.

I'll keep on encouraging them to have an escrow for the prize pool since, just like you said, it will remove that uncertainty of not getting the prize after the tournament has ended.

The manager will inform us on how the tournament is expected to go and what rules to play by, what I will do right now is to get everything set and waiting for the D date for tournament regardless if any further information is given or not.

Yes. Also, AFAIK, they are currently working on the tournament page on the website, which will show the full rules and terms of this tournament. I'll inform you guys as soon as it's published.

Tournament will be a great way to go about it, I understand the excrow fund part, but never the less i know minebit casino team are able t distribute whatever prizes to be won by forum members.


I will keep an 👁️ eye out for when the tournament kick starts, good luck in advance everyone.

[Pat | Minebit]

🎮 You built this chart, not us.

Five games ate most of MineBit's spins last week. Sweet Bonanza 1000 would not let go of the top spot.

Disagree with the ranking? Go fix it → https://minebit.com

The house wins. You get 20% of it.

[Woodie]

I've experienced exclusive bitcointalk wagering contests few times held by different casinos and it was always nice experience because it was profitable for me most of the time since the competition is not as hard as when it is global wagering contest on the website.

You guys have been MIA when it comes to games and rounds activity , probably nothing interests you yet, but seeing you here shows something of your interest is on the radar which is a positive sign   hope to see your nemesis Mr R join this one too..

Btw, you guys are hall of fame candidates when it comes to these "slots" wagering contests and hope other users won't miss the announcement to compete.

~Snip~

Thanks for showing interest in participating in the tournament.
I asked the MineBit team about your questions, and here's what they said:

1. The prize structure will be visible from the moment somebody is added to the tournament, so it'll be visible there.
2. Yes
3. I'm not sure about this.

Thanks for the follow up .

Just hope catalog of games we can choose from are among those popular among the players  

[fritvalg]

Hello Pat. Why don't you help out your VIP host a bit more so she doesn't stand alone with all the problems on this site? It seems like EVERY single request has to go through a management that really doesn't give a f*ck about all the requests they get.

11 days as a DUKE 2 VIP transfer (requires 35 million xp.. compare it with Diamond 2 at Stake.)

Payments are NOT instant. They need to be approved.. It happens fast but if it's over 2k.. it will take over half an hour or an hour.. It's not automatic as the ANN banner says.. Support is super wierd.. Waited for withdrawals to clear for over 1,5 hours and went to live chat where a super wierd guy named Wilson introduce himself not 1 but 2 times.. and the second time is it " Manager Wilson here".. Like it was some kind of sketch.. When he saw i complained about pending withdrawals suddenly all of them were approved instantly.. but he still tried to convince me that it doesnt matter it says pending.. becaus e pending means they are sent out to the payment system already.. why does he think i would believe that?

Weekly bonus was not issued to me.. because i won 20k.. fair enough.. next week i lost 4-5k.. and still no weekly for me. I spend all weekend texting with vip host that i had a losing week.. but the people she speak with kept saying i was in profit.. After 3 days they managed to bring up the numbers and i was in profit.. because they did cut the weekly midweek to midweek instead of saturday to friday as there website shows.. After explaining to them how there own weekly bonus works.. they suddenly found out i should have 40$ bonus. I got under 1% of my loss in rewards.. after speaking more with the vip host and explaining that on my rank it says "Elite" under weekly bonus.. they found out i should have 160$ instead. They have issued the 40$, so i can get the rest on the 15th august. They could not add it now.. but when i have bonus i am entitled to, and i speak directly with a vip host.. then it should be added instantly.. and after some time she found a way to add it.

Now i see upon a succesful vip transfer you get 200$ when you have wagered 100k. I just asked for it, and the answer is that its only on top of a deposit.. lets check their vip transfer page..

Benefits
20% Cashback During Your First Month
Enjoy 20% cashback for 30 days, credited weekly on Mondays, on top of your regular loyalty rewards.
Instant VIP activation after approval

No idea if are getting it.. didnt even ask as i guess it does not reset every monday.. but i know if i ask for it.. they say it.. I dont even want to give them the offer reject once again.
Instant VIP activation after approval
Immediate VIP access with a dedicated VIP Manager and priority support.
Only $100 deposit required

She is dedicated for sure.. but she is only a messenger in between a management in denial which also is the people handling everything.. does not seem like she manually can do anything.. only communicate. Its sad cause she seems intelligent enough to understand clear facts.. so it must be so hard for her to hear the absurd managements answers which she has to try to express in a way so the no-logic answer makes sense.. and thats tough when its so obvious the people behind are totally off..

Only $100 deposit required
Start your VIP journey with a low entry deposit and instant perks.
30 day VIP trial period

Despite there low bonuses.. 100$ seems fair as they are looking for players who think under 1% cashback weekly is fair.. so mostly small fish. VIP Sardines.
30 day VIP trial period
Enjoy full VIP benefits including faster withdrawals and exclusive rewards.
Personalized bonus after 2 weeks

Wait wait wait.. were the withdrawals not instant?

Personalized bonus after 2 weeks
Receive a tailored VIP reward based on your activity and playstyle.
$100,000 wagering target to maintain VIP status

A personalized bonus after 2 weeks.. Lets test it!

I got the answer that: those are like missions, special bonuses.. while she tagged an earlier message offering me a wager target. So there is NO bonus after 2 weeks.. You need a wager target! 500k wager = 550$ .. how generous.

$100,000 Wager to Keep VIP Status
Unlock a $200 reward + ongoing bonuses, events, and Wheel of Fortune access.

Uhh this one is exciting.. because the rule is very clear.. wager 100k and get 200$.. the answer was: so, it's bonus on deposit

hmm...

Once again i misunderstood the text on there website.. how stupid can i be.

Despite still being the worst weekly bonus i have ever seen.. i feel bad for the host. She should not stand there and wait days for lazy people who dont want to sort things out now.

So back to the weekly bonus issue that did led me here is:

How Your Bonus Is Calculated
Your weekly bonus consists of two components:
Rakeback and Cashback.
The bonus is calculated using the following formula:
Bonus = (Real Money Wager × House Edge × Rakeback Coefficient) + ((Total Real Bets − Total Real Wins) × Cashback Coefficient)
The Rakeback and Cashback coefficients depend on your loyalty level and the specific bonus.

Example 1 — Player with Net Losses
Wagered: 1,000 USDT
Wins: 200 USDT
House Edge: 1%
Cashback Coefficient: 0.5%
Rakeback Coefficient: 10%

Calculation:
1,000 × 0.01 × 0.10 + (1,000 − 200) × 0.005
= 1 + 4 = 5 USDT
The player receives a 5 USDT bonus.

Example 2 — Player in Profit
Wagered: 1,000 USDT
Wins: 1,200 USDT
House Edge: 0.25%
Cashback Coefficient: 0.5%
Rakeback Coefficient: 10%

Calculation:
1,000 × 0.0025 × 0.10 + (1,000 − 1,200) × 0.005
= 0.25 − 1 = −0.75 USDT

Since the calculated result is negative, the player receives 0 USDT.

Your Result for the Previous Period
For the previous reporting period, June 27–Aug 02, your total wins exceeded your total real-money wagers:
Total Real Money Wager: 288,255.45 USD
Total Real Money Wins: 310,100.23 USD

This means that you were in profit during this period, so your calculated bonus was 0 USD.

Please note that this does not mean you will not receive a bonus in the future.
Your losses and gaming activity during the current reporting period will be included in the next calculation, and if the final result is positive, your bonus will be available according to the regular payout schedule.

My answer was that the dates you specify are between "2 weeklys" Your weekly goes from Saturday Aug 1 to Friday Aug 7. You include my winning period from the week before and thats not cool. I dont know why its so hard to understand.. and guys this is the recipe on how you spend a whole weekend fightning for a justice but then finds out the general rewards is so low that 160$ on a 5k loss was not worth the fighting or signup. (and that is with my BETTER cashback percent) You NEW guys out there could look forward to a juicy 40$ bonus.