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Author Topic: BetMoose.com - Betting Exchange | Prediction Market | Real World Events | P2P  (Read 19838 times)
BetMoose
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February 03, 2017, 05:01:30 AM
 #161

Angry

i know betmoose takes a 3% fee but its been 2 days & they have not paid. i sent numerous emails (email attached to this platform) & direct messages (logged into this site) to them with NO response. At this point im now posting on here. please help. i have sent NUMEROUS emails to betmoose support thru there email server as well as the host (garagedoorbaby) of the bet i won with no responses from either. (POTUS tweets from jan 24th-jan 31st) i am now stressed out because it has been over 2 DAYS and still 0% response from betmoose or the wager host. i do not have a good opinion of betmoose at this point and i will continue to write in this forum as well as others until i get a complete answer. i made a 1.7btc (estimate) (spread across 2 seperate wagers) bet on the amount of tweets donald trump would make (35 or more) between jan 24-31st. he ended up making 54 tweets shattering the over 35 mark i placed my bitcoin wager on. my orginial wager (1.7btc) was sent back to my betmoose account after the bet had resolved itself and now betmoose has NOT sent me my winnings from said bet. i want a response. respond betmoose. quit holding my bitcoin hostage

Hi Lars,

Sorry you're having such a hard time with this.

I have checked and all of your emails to us went answers within a few hours. Please check your junk mail or send us a PM on here. Furthermore, I checked your user account and all payouts have also been processsed for the propositions you bet on. In terms of withdrawal, you can see right at the top of your balance page this message:

"Some of your withdrawal address changes are less than 24 hours old, and you will not be able to withdraw to those addresses."

In other words, you must have just recently added a withdrawal address. We do this for your own security so that if your account was ever compromised, no one could withdraw funds to a random address.

BetMoose has processed over 1000 BTC in wagers; so it wouldn't really benefit for us to steal your 1.85BTC.

BetMoose.com - Wager on real world events. Profit from predicting the future. Create and share your own contracts.
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Larsthechamp
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February 03, 2017, 11:34:53 AM
 #162

sir;


i deposited a fixed amount on your site....i placed a bet.....i won said bet.......your site betmoose then paid me back the EXACT amount that i had placed down to wager. WITHOUT paying me my PROFITS from said wager. adding in the times multipler (1.46 , 1,47 respectively)(i have photos) would equal out to well over the total balance which is currently in my account right now. i am at my orginial balance when i orginally deposited onto your website, but before i placed a wager.


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February 03, 2017, 08:19:43 PM
 #163

can i get a response please betmoose,,,,i wrote the previous message over 15 hours ago in response to betmoose's orginial response to me and have yet to get a response or my bitcoin back from betmoose. very bad customer service Angry
kkris
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February 03, 2017, 09:36:12 PM
 #164

BetMoose has significantly more features and visual bulk than a stripped down basic site like bitbet. So yes, it will be more intensive on your CPU and require more bandwidth (and time) to load. The 2 websites are not comparable in terms of page-load response based on their design.

We are not aware of any big/fundamental changes that can be made to improve the performance of the site, outside of getting faster servers. As BetMoose is run by volunteers, 100% of our fees already go toward hosting and operational costs. If you'd like to make a donation, we will get faster servers just for you.

So I think you're caught in a vicious circle here. Without more volume, you won't have enough income to pay for faster servers. Without faster servers, you won't have a speedy website. Without a speedy website you won't have enough volume.
BetMoose
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February 06, 2017, 06:36:15 PM
 #165

can i get a response please betmoose,,,,i wrote the previous message over 15 hours ago in response to betmoose's orginial response to me and have yet to get a response or my bitcoin back from betmoose. very bad customer service Angry

We replied - the amount you bet on one side had very few bets on the other side. Your payout depends on how much volume is on the OPPOSITE side(s) of the proposition.

Please see https://www.betmoose.com/faq#resolution2

BetMoose.com - Wager on real world events. Profit from predicting the future. Create and share your own contracts.
BetMoose
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February 06, 2017, 06:40:48 PM
 #166

BetMoose has significantly more features and visual bulk than a stripped down basic site like bitbet. So yes, it will be more intensive on your CPU and require more bandwidth (and time) to load. The 2 websites are not comparable in terms of page-load response based on their design.

We are not aware of any big/fundamental changes that can be made to improve the performance of the site, outside of getting faster servers. As BetMoose is run by volunteers, 100% of our fees already go toward hosting and operational costs. If you'd like to make a donation, we will get faster servers just for you.

So I think you're caught in a vicious circle here. Without more volume, you won't have enough income to pay for faster servers. Without faster servers, you won't have a speedy website. Without a speedy website you won't have enough volume.

That definitely has some truth to it. However, we don't anticipate much more volume from a speedier site. The next thing on our dev agenda is to make BetMoose mobile-friendly. That will happen when we see the incentives to do so. The bitcoin ecosystem is still very tiny. We've been around for almost 3 years now and have been slowly building our reputation and trust with our thousands of users on the site. We do plan on adding new features and improving the platform with due time; we are just not in a rush to do so.

BetMoose.com - Wager on real world events. Profit from predicting the future. Create and share your own contracts.
Hatcher
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February 11, 2017, 01:12:07 AM
 #167

sir;


i deposited a fixed amount on your site....i placed a bet.....i won said bet.......your site betmoose then paid me back the EXACT amount that i had placed down to wager. WITHOUT paying me my PROFITS from said wager. adding in the times multipler (1.46 , 1,47 respectively)(i have photos) would equal out to well over the total balance which is currently in my account right now. i am at my orginial balance when i orginally deposited onto your website, but before i placed a wager.




You were only due the EXACT amount that you placed to wager because Betmoose takes a 3% fee from the entire pool, so this would actually result in you LOSING money if you did it on BitBet.us, but Betmoose will give you your original wager back if the fees put the winning party's ROI in the negative. 4.88128646 was wagered in total which would normally result in a fee of 0.1464385938 paid to Betmoose and the host, but since only .026 was placed on the losing sides, that's all Betmoose took in this instance and gave the winning parties their wager back. When you placed the bet you would've seen that you got a 0% ROI yet you made your bets anyways. The only reason for you to do this is to take the gamble that other people will give you action to propel you into ROI territory, otherwise it doesn't make any sense to bet like you did. You should read the rules. There is nothing incorrect here except your understanding of the way it works.
Larsthechamp
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February 11, 2017, 05:53:06 AM
 #168

The other players on tbe wager lost their initial bet, how is it they lose and we get our exact wager back with nothing extra?
Hatcher
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February 11, 2017, 06:20:36 AM
 #169

The other players on tbe wager lost their initial bet, how is it they lose and we get our exact wager back with nothing extra?


The winning side has Betmoose's fee deducted from it (which is 3% of the entire pool as explained above). Since the fee actually exceeded your profits, you only got your initial bet back, which is actually nice that they do that since the other main bitcoin parimutuel betting site does not (they would take the fee anyways causing you to lose money). You bet not knowing what you were doing, and without paying attention to the simple fact that it says 0% ROI in plain daylight when you are about to make such a big bet without any oppositional volume. As I said, unless you were hoping your bet was going to trigger some oppositional volume it makes absolutely no sense betting the way you did.
BetMoose
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February 16, 2017, 02:10:45 AM
 #170

Thanks for helping explain it Hatcher.

This is also explained in our FAQ:

https://www.betmoose.com/faq#resolution2

~BM

BetMoose.com - Wager on real world events. Profit from predicting the future. Create and share your own contracts.
freedomno1
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March 03, 2017, 01:48:26 PM
 #171

Hey Moose it's not too big an issue yet but I noticed that two of my withdrawals are stuck in the mempool using the standard fee. (0.0001)
It might also end up being an issue for others if they want to withdraw so I was wondering if you could implement an increased fee option for speedy transactions in the future as it doesn't allow me to set it.

Just to illustrate unconfirmed at time of posting.
https://blockchain.info/address/1PKG3V2aq7ppdFc8UHa5gekmjrJU4NjXQx

http://www.nigeriatoday.ng/2017/02/bitcoin-transaction-fees-are-up-more-than-1200-in-past-two-years/
BetMoose
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March 03, 2017, 03:43:26 PM
 #172

Hey Moose it's not too big an issue yet but I noticed that two of my withdrawals are stuck in the mempool using the standard fee. (0.0001)
It might also end up being an issue for others if they want to withdraw so I was wondering if you could implement an increased fee option for speedy transactions in the future as it doesn't allow me to set it.

Just to illustrate unconfirmed at time of posting.
https://blockchain.info/address/1PKG3V2aq7ppdFc8UHa5gekmjrJU4NjXQx

http://www.nigeriatoday.ng/2017/02/bitcoin-transaction-fees-are-up-more-than-1200-in-past-two-years/

Yes we're aware of this issue and have a fix in the pipeline. Sorry for the wait!

BetMoose.com - Wager on real world events. Profit from predicting the future. Create and share your own contracts.
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November 02, 2017, 04:08:16 PM
 #173

So, if I grasped it right, there's a 3% fee which makes any bet with a ROI with less than 3% basically pointless?

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