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Author Topic: #1 RATINGS of BITCOIN SPORTSBOOKS : poster book discussion  (Read 228823 times)
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Peeps Place
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May 01, 2015, 04:54:30 AM
 #1101

It looks like Casinobitcoin is the only books to have an over/under on the PacMan/Mayweather fight.

Nitrogen is the only one to have props, live betting, round specials, method of result, and grouped round betting.

I'm really looking forward to this fight although it should have taken place years ago.

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May 01, 2015, 05:47:40 AM
 #1102

BetCoin is screwing me over big time
Waiting over 2 days for my 1.84 btc withdrawal
im super-pissed right now ,am i ever gonna receive my money

A guy posts the above 5 days ago, buy you've still got BetCoin listed as a B book?

Followup?
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May 01, 2015, 05:49:09 AM
 #1103

Jetwin is one of the best books. It is the only one that really offers instant withdrawals, great bonuses and decent limits. System works smoothly, huge range of bets. You will not often meet such service even with the largest non-BTC sportsbooks.

"decent limits"...

Disagree. Ridiculously low limits.
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May 01, 2015, 06:59:51 AM
 #1104

BetCoin is screwing me over big time
Waiting over 2 days for my 1.84 btc withdrawal
im super-pissed right now ,am i ever gonna receive my money

A guy posts the above 5 days ago, buy you've still got BetCoin listed as a B book?

Followup?

joegamble- Has this been paid?

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May 03, 2015, 06:20:24 PM
 #1105

CasinoBitco.in delayed 21 BTC withdrawal - I e-mailed them and asked them if they could change it to 18 so I could play with 3 more BTC.

I made another HUGE run last night.  Went up 17BTC (from 3BTC).  I e-mailed them and they have temporarily removed 20BTC from my account while their security team is validating my blackjack play.  They've been in contact and responding to my e-mails / PMs.

Huge delay in withdrawal...   I've also posted in their thread https://bitcointalk.org/index.php?topic=228243.msg11273495#msg11273495

Here is their latest response

Quote
No, we don’t normally see players play like this or run against “expected variance” this much.

Ou security team will have to review this in detail on Monday when they are in the office. Out of precaution, we are going to remove the 20 btc in your account until the review is completed.

As you’re well aware, we have a very generous bug bounty system in place, and have pride ourselves on fair gaming for over 2 years. There have been instances when a player takes advantage of us, but that hasn’t benefited for the player as cheating is against our Terms and Conditions.

We are not implying your have cheated at all, but our security team has access to web logs and other tools and can make the correct determination.  We will be in touch with the outcome of the team’s audit with 36 hours.

I edited this post for clarity's sake.. I was jumbling up numbers and repeating words. Smiley

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May 07, 2015, 02:41:20 AM
 #1106

Fairlay
Quote
A message we got today:

"hi,
Please Send 2 Bitcoin for me,
Send BTC to Stop DDoS Attack for ever and i leave you forever,
I promise ! I'm not a liar.
this attack is for test.
Send 2 BTC to stop it.
my BTC address: 1MJ8yBfFKVVzUr3XFoP37unwDDx4sjyMZi
Thanks"

obviously we will not pay. But if fairlay.com does not response in the next time this might be the reason. We will see how it goes but we are pretty confident that we can handle it even if fairlay.com is only hardly reachable for a short period of time.

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May 07, 2015, 04:58:32 PM
 #1107

As far as we monitored there was no delay for users at all.

www.fairlay.com - the Bitcoin prediction market - the future of reliable information
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May 07, 2015, 05:02:42 PM
 #1108

Another update worth mentioning: we just added eSports to our site: https://www.fairlay.com/event/category-decimal/esports/

www.fairlay.com - the Bitcoin prediction market - the future of reliable information
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May 11, 2015, 12:18:08 AM
 #1109

Update


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May 11, 2015, 07:39:03 AM
 #1110

Jetwin offline for about 15 hours, 5 hours longer than they said they'd be offline for "maintenance", and have not updated in their thread. No explanation offered thus far.
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May 11, 2015, 08:14:25 AM
 #1111

Jetwin offline for about 15 hours, 5 hours longer than they said they'd be offline for "maintenance", and have not updated in their thread. No explanation offered thus far.

Jetwin is now alive, they changed the domain to jetwin.ps
It is not installed with a valid ssl certificate yet, but they will install it later today.


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May 12, 2015, 06:47:32 AM
Last edit: May 12, 2015, 07:31:19 AM by Peeps Place
 #1112

I contacted many of the books to talk about withdrawal times. We are all frustrated when we don't get instant withdrawals. It seems that withdrawal times have slowed down in some cases rather than speed up. Here are some of the thoughts and feelings that I ascertained.

The solid bitcoin books are no longer one or two man operations. Most have double digit full time employees and have work outsourced as well. Full time employees include those in IT, trading, support and marketing. Some have locations in multiple countries.

The player base is growing at a fast rate. Unfortunately, with an increase in players comes an increase in fraudulent activity including hacking. All money is not kept in hot wallets. Players aren't required to give personal information to bitcoin books. Withdrawal amounts are becoming larger. If a book sends money to the wrong person, there is no recourse for the book. Because of this, books should be required to offer us a form of 2FA for our safety.

Some books have casinos as well as poker rooms. Casinos tend to bring about more fraudulent activity. There are a few more things that can trigger a manual review such as making multiple withdrawals in a short period of time, win rates above a certain amount of standard deviations, total amount of withdrawal, multiple accounts to circumvent limits or abuse bonuses.

Books may use a third party for grading purposes, in house grading, or two sources for verification. No matter what means are used, human input is needed in the process that can lead to mistakes. Manual grading may be required in small markets as well as prop bets. Outside of those two exceptions, grading should still be done at a very fast rate so that we can make additional bets if wanted.

Most books are stating that they are working to make withdrawals immediate if they aren't currently doing it. My personal feelings on withdrawals have changed somewhat after getting responses from the sports books. I feel that a vast majority of the withdrawals be done within a 15 minute period. Some withdrawals will take longer for above reasons, but it should be a low percentage. We should set some type of standard that books should adhere to when making withdrawals for the purpose of grades. Does anyone have opinions on withdrawal times?

Books- Feel free to chime in or discuss withdrawal times of your book.






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May 12, 2015, 09:06:35 AM
 #1113

Peeps - " Does anyone have opinions on withdrawal times?"

Yes. Instant.

As you mentioned, several books (like Nitro) have regressed.
Instant withdrawals were great for the customer, but now it can take 2.5 - 5 hours.

If they had specific problems with their instant withdrawals, then remedy the problems by improving their systems and software, rather than penalizing their customers with long wait times for withdrawals.

And honesty about withdrawal times would be refreshing. Don't state "It may take a few minutes once in awhile" if it's going to take hours fairly often.


The books should also allow one to opt out of Casino and Poker access, which are frequently used by hackers once they steal one's sportsbook funds, to move the funds out of the book, or gamble them away.
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May 12, 2015, 09:24:27 AM
 #1114

Peeps - " If a book sends money to the wrong person, there is no recourse for the book."

The player is responsible for sending the correct btc address to the book for the withdrawal.

The book is responsible for sending to the btc address that was provided by the customer.
This should be automatic - manual review is unnecessary.



" All money is not kept in hot wallets."

The books have the responsibility to keep refilling the hot wallet in a timely manner as needed.
This does not take hours.
It should be a quick procedure to refill the hot wallet, and books should be able to anticipate and refill or partially refill in advance.

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May 12, 2015, 09:26:08 AM
 #1115

It's already been 27 minutes that I'm waiting to receive a couple btc from Nitro.

This is ridiculous, and poor cs.

The btc has been in the account all week, so it's not an issue of waiting for confirmations for a very recent deposit that I'm now withdrawing.

I haven't made a bet there in 4 days.



There's no acceptable reason for it to take this long.

Trying to increase their profits by having a skeleton crew on at night is not acceptable.
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May 12, 2015, 12:57:08 PM
 #1116

Nitrogensports is the only Bitcoin book with E-Sports.  Anonibet doesn't have them. 

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May 12, 2015, 01:01:16 PM
 #1117

Nitrogensports is the only Bitcoin book with E-Sports.  Anonibet doesn't have them. 

We added eSports just a few days ago. Check it out: https://www.fairlay.com/event/category-decimal/esports/all/match/

www.fairlay.com - the Bitcoin prediction market - the future of reliable information
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May 12, 2015, 05:15:40 PM
 #1118

Nitrogensports is the only Bitcoin book with E-Sports.  Anonibet doesn't have them. 

Thanks


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May 12, 2015, 05:23:12 PM
 #1119

Nitrogensports is the only Bitcoin book with E-Sports.  Anonibet doesn't have them. 

We added eSports just a few days ago. Check it out: https://www.fairlay.com/event/category-decimal/esports/all/match/
Nice addition.

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May 12, 2015, 06:28:25 PM
 #1120

Peeps - " Does anyone have opinions on withdrawal times?"

Yes. Instant.

As you mentioned, several books (like Nitro) have regressed.
Instant withdrawals were great for the customer, but now it can take 2.5 - 5 hours.

If they had specific problems with their instant withdrawals, then remedy the problems by improving their systems and software, rather than penalizing their customers with long wait times for withdrawals.

And honesty about withdrawal times would be refreshing. Don't state "It may take a few minutes once in awhile" if it's going to take hours fairly often.


The books should also allow one to opt out of Casino and Poker access, which are frequently used by hackers once they steal one's sportsbook funds, to move the funds out of the book, or gamble them away.


Gogo- You stated that books should pay us instantly. To avoid arguments with books on whether a withdrawal was instant or it took a few minutes, would you have an objection to setting a 15 minute rule?

Books/exchanges that can't consistently meet a 15 minute withdrawal rule will have their rating decreased. There are going to be exceptions since some withdrawals will be red flagged for security purposes so a couple of withdrawals taking longer will be acceptable.

If we do implement this rule, it won't go into affect for a month. Some books have stated that they will have instant withdrawals in place soon.

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