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Author Topic: #1 RATINGS of BITCOIN SPORTSBOOKS : poster book discussion  (Read 227027 times)
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Gogo ppp
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May 14, 2015, 09:15:34 AM
 #1121

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.


"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?"

My only problem with that would be this:

"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."

Defining what is acceptable as far as "a couple of withdrawals taking longer" could be tricky.


I realize the books don't want to be specific with their red flags since that would alert people who are scamming what to avoid.

But there are some situations which don't make sense to me, and it seems to me that perhaps some books simply don't keep enough staff during the midnight to 7 am period USA time.

And also it seems that there is no one on duty during those hours with the authority to ok a large withdrawal.
But instead of stating that, they say "A security review is being conducted" which somehow takes hours and doesn't end until about 7 - 9 am USA time, when I am guessing someone with authority is back on duty.








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May 14, 2015, 10:31:02 AM
 #1122

But there are some situations which don't make sense to me, and it seems to me that perhaps some books simply don't keep enough staff during the midnight to 7 am period USA time.

We have staff with authority to approve large withdrawals on shift daily during those hours.

Cloudbet

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May 14, 2015, 12:01:01 PM
 #1123

But there are some situations which don't make sense to me, and it seems to me that perhaps some books simply don't keep enough staff during the midnight to 7 am period USA time.

We have staff with authority to approve large withdrawals on shift daily during those hours.

Cloudbet

That's good.

Can you explain why a large withdrawal could take up to 24 hours?

It's good that you state this upfront on your website, so people are forewarned.

But it doesn't take 24 hours to transfer from a cold wallet to a hot wallet, plus a security review.
An hour seems like plenty of time.

I have trouble understanding how that can take 24 hours?
An hour perhaps...
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May 15, 2015, 05:53:38 AM
 #1124

Update

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May 15, 2015, 05:57:40 AM
 #1125

Would you consider to add Fairlay to this overview?

www.fairlay.com - the Bitcoin prediction market - the future of reliable information
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May 15, 2015, 06:16:17 AM
 #1126

Would you consider to add Fairlay to this overview?

Will do.

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May 15, 2015, 01:38:35 PM
 #1127

Would you consider to add Fairlay to this overview?

Will do.

BetBTC is almost 5 month old and 100% good feedback. Still couldn't manage to leave the D rank.

A review on our services wouldn't be a bad idea. If you check our lattest posts you can check there was a boom on the usage since the last month or so (especcially since API is on).

On biggest matches we are already having 5+ Bitcoins matched, sometimes reaching more than 10.

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May 16, 2015, 01:54:32 AM
Last edit: May 16, 2015, 02:34:55 AM by Gogo ppp
 #1128

Nitrogen does not offer MLB with listed pitchers, all bets (including Totals!!!!) are action only.

This has to be the only sportsbook on Planet Earth that doesn't book MLB with an option of listed pitchers (which is frequently the default).

They deserve a downgrade for this alone.


Jenny in the Nitrogen thread frequently states "We've found that our users prefer..." yet I've never seen a poll or any sort of research on their part as to what their users prefer (on any issue).
I'd like to know how it is determined that "We've found that our  users prefer..." without polling the users?

If they've truly done research (which they haven't) to determine that the majority of their users who bet MLB want action only, then make that the default but give the option of choosing Listed Pitchers.

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May 16, 2015, 06:03:01 AM
 #1129

Would you consider to add Fairlay to this overview?

Will do.

BetBTC is almost 5 month old and 100% good feedback. Still couldn't manage to leave the D rank.

A review on our services wouldn't be a bad idea. If you check our lattest posts you can check there was a boom on the usage since the last month or so (especcially since API is on).

On biggest matches we are already having 5+ Bitcoins matched, sometimes reaching more than 10.
Some upgrades and downgrades will come out next week. Feel free to keep us updated on what's happening at BetBTC.

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May 16, 2015, 06:04:24 AM
 #1130

Nitrogen does not offer MLB with listed pitchers, all bets (including Totals!!!!) are action only.

This has to be the only sportsbook on Planet Earth that doesn't book MLB with an option of listed pitchers (which is frequently the default).

They deserve a downgrade for this alone.


Jenny in the Nitrogen thread frequently states "We've found that our users prefer..." yet I've never seen a poll or any sort of research on their part as to what their users prefer (on any issue).
I'd like to know how it is determined that "We've found that our  users prefer..." without polling the users?

If they've truly done research (which they haven't) to determine that the majority of their users who bet MLB want action only, then make that the default but give the option of choosing Listed Pitchers.


All action with adjusted prices?

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May 17, 2015, 12:04:31 AM
 #1131

Nitrogen does not offer MLB with listed pitchers, all bets (including Totals!!!!) are action only.

This has to be the only sportsbook on Planet Earth that doesn't book MLB with an option of listed pitchers (which is frequently the default).

They deserve a downgrade for this alone.


Jenny in the Nitrogen thread frequently states "We've found that our users prefer..." yet I've never seen a poll or any sort of research on their part as to what their users prefer (on any issue).
I'd like to know how it is determined that "We've found that our  users prefer..." without polling the users?

If they've truly done research (which they haven't) to determine that the majority of their users who bet MLB want action only, then make that the default but give the option of choosing Listed Pitchers.


All action with adjusted prices?


Yes.
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May 17, 2015, 07:04:01 AM
 #1132

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.

I'd suggest getting started with this.
If you'd like to make it 15 minutes, use that.

If a book switches to instant withdrawals at any time, call attention to it.
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May 19, 2015, 06:11:22 AM
Last edit: May 19, 2015, 06:33:17 AM by Peeps Place
 #1133

Would you consider to add Fairlay to this overview?

Will do.

BetBTC is almost 5 month old and 100% good feedback. Still couldn't manage to leave the D rank.

A review on our services wouldn't be a bad idea. If you check our lattest posts you can check there was a boom on the usage since the last month or so (especcially since API is on).

On biggest matches we are already having 5+ Bitcoins matched, sometimes reaching more than 10.


BetBTC- I'm not looking for an argument but just a question on why you posted this?
Quote
We officially launched BetBTC on early 2015. BetBTC was the first Dedicated Sports Betting Exchange operating exclusively with Bitcoin (like Betfair)
. There are other bitcoin only exchanges out there such as Fairlay.

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May 19, 2015, 06:19:02 AM
Last edit: May 19, 2015, 06:51:58 AM by Peeps Place
 #1134

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.

I'd suggest getting started with this.
If you'd like to make it 15 minutes, use that.

If a book switches to instant withdrawals at any time, call attention to it.


We will implement the 15 minute rule June 1. If a high percentage of withdrawals are processed within 15 minutes, this will help in a book's rating. If withdrawals are taking more than 15 minutes, then downgrades will be given.

Books do go through automated checks with each withdrawal request. Some withdrawals may be held up for manual review.  There will be exceptions. Some books will manually review the first withdrawal that a player requests. A high majority of withdrawals should be made within 15 minutes. Feel free to report excessive withdrawal times.


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May 19, 2015, 06:25:02 AM
 #1135

 Betcoin raised from "B" to "B+". Betcoin has been in business close to 2 years. Betcoin and Nitrogen are the two fastest growing bitcoin sports books as far as player base and employees. Betcoin now has live baseball betting with both 2-way and 3-way betting along with alternate totals.

Some information from the Betcoin thread.
Quote
Some features include:
Sportsbook
- The most complete sportsbook of any bitcoin casino
- Parlays, Teasers, If Win Bet, If Win or Tie, Action Reverse, Round Robin
- Enormous selection of leagues
- In game betting, half time betting, spread, moneyline, over/under betting
- Props and futures, odds to win, conference champions, rookie of the year - Too much to name
- Easy to use interface

Casino
- Full casino with over 150 games at www.BetcoinCasino.com
- No downloads
- Games include: Blackjack, Roulette, Three Card Poker, Pai Gow, Craps, Baccarat, 9 different video poker games, 10 different slot machines

Horses
- Wager on a variety of horse races including Triple Crown (Kentucky Derby, Belmont Stakes, Preakness)
- Wager on tracks throughout the world

Leagues for sportsbook include:
- NFL, NBA, MLB, NHL, NCAA Football, NCAA Basketball, Golf, Tennis, Nascar, Formula 1, Boxing, UFC, Soccer - 1st Bundesliga, UEFA (Champions League), UEFA (Super Cup), La Liga, Primera Division, Rugby and More!

Poker Room
- Live at www.BetcoinPoker.com

How
- Go to www.betcoinsports.com and setup an account.
- Make a deposit and login to the casino
- Win bitcoins and litecoins

Our minimum bet is: 0.00001 credits
Our maximum bet is: 2,000 credits (Higher max bets can be arranged)

Login and see the difference using our demo account:  
http://www.betcoinsports.com

Bonuses:  We have frequent bonuses, please signup for more info.

We value all feedback, comments and concerns.  Join us today at www.BetcoinSports.com.

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May 19, 2015, 06:26:58 AM
 #1136

"A" rated books
Anonibet A (2011)
NitrogenSports A (2012)

"B"rated books
Betcoinsports B+ (2013)
Casinobitcoin B (2013)
Jetwin B (2013)
Cloudbet B- (2013)

"C" rated books
BetVIP C+(2014)
Fairlay C (2014)
Betmoose C- (2014)
BetOWI C- (2014)
OLEBitcoin C- (2013)*
Predictious C- (2013)

"D" rated books
Premiumtradings D+ (2014)
Roadbet D+ (2012)
Betbtc D (2014)


"F" rated books
Asianconnect F ....................accepting deposits but they have confiscated funds from multiple players.
Ball2Win F ..........................accepting deposits. They are under the same license as "F" book gobetgo
BetCas F ............................accepting deposits but they have confiscated funds from multiple players.
BTCBonusBook (2015).......... accepting deposits with no payout history.
BTCBook F (2014) ................no payouts are being made due to a DDoS attack. One player has been waiting since 4/17/05.
Casinoco (2015)...................accepting deposits but not paying out all players.
Coindrafts F (2014)
Webetcoins F (2014).............accepting deposits but not paying out all players.
Bitbm F .............................accepting deposits but not paying out all players.
Bitcoinsport F
Bitcoinlivebets F
Coinbet F
Gobetgo F (2013)
Sportbet.im F
StakeBTC F
Blockbet F
Bitbook F

NR
altbetfair.com
betbanks.com
betinbtc.com
betkurus.com
bitsportsbook.org
Coin178.com
Flutterclub.com
Planetofbets.com
tdsports.com
xbet.io


* longer accepting cash deposits

Maximum grade based upon time in business:

A - 2 years
B - 1 year
C - 3 months
D - 1 month
F - reserved for books that are scams, slow paying or stiffing players

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May 19, 2015, 07:07:17 AM
 #1137

Betcoin raised from "B" to "B+". Betcoin has been in business close to 2 years. Betcoin and Nitrogen are the two fastest growing bitcoin sports books as far as player base and employees. Betcoin now has live baseball betting with both 2-way and 3-way betting along with alternate totals.

Some information from the Betcoin thread.
Quote
Some features include:
Sportsbook
- The most complete sportsbook of any bitcoin casino
- Parlays, Teasers, If Win Bet, If Win or Tie, Action Reverse, Round Robin
- Enormous selection of leagues
- In game betting, half time betting, spread, moneyline, over/under betting
- Props and futures, odds to win, conference champions, rookie of the year - Too much to name
- Easy to use interface

Casino
- Full casino with over 150 games at www.BetcoinCasino.com
- No downloads
- Games include: Blackjack, Roulette, Three Card Poker, Pai Gow, Craps, Baccarat, 9 different video poker games, 10 different slot machines

Horses
- Wager on a variety of horse races including Triple Crown (Kentucky Derby, Belmont Stakes, Preakness)
- Wager on tracks throughout the world

Leagues for sportsbook include:
- NFL, NBA, MLB, NHL, NCAA Football, NCAA Basketball, Golf, Tennis, Nascar, Formula 1, Boxing, UFC, Soccer - 1st Bundesliga, UEFA (Champions League), UEFA (Super Cup), La Liga, Primera Division, Rugby and More!

Poker Room
- Live at www.BetcoinPoker.com

How
- Go to www.betcoinsports.com and setup an account.
- Make a deposit and login to the casino
- Win bitcoins and litecoins

Our minimum bet is: 0.00001 credits
Our maximum bet is: 2,000 credits (Higher max bets can be arranged)

Login and see the difference using our demo account:  
http://www.betcoinsports.com

Bonuses:  We have frequent bonuses, please signup for more info.

We value all feedback, comments and concerns.  Join us today at www.BetcoinSports.com.


I was wrong - Nitrogensports isn't the only sportsbook on Planet Earth to not offer listed pitchers for MLB.
Betcoinsports does this as well.

Additionally, they offer a lovely 28 cent line (-114/-114    1.8772/1.8772) for MLB totals.
Compare with Pinnacle's 10 cent line (-105/-105  1.9524/1.9524).

Has to be the worst odds (for this at least) of all the A and B books.

And how does any sportsbook not offer at least the option to select listed pitchers for MLB?
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May 19, 2015, 02:41:52 PM
Last edit: May 19, 2015, 03:07:56 PM by Peeps Place
 #1138

Betcoin raised from "B" to "B+". Betcoin has been in business close to 2 years. Betcoin and Nitrogen are the two fastest growing bitcoin sports books as far as player base and employees. Betcoin now has live baseball betting with both 2-way and 3-way betting along with alternate totals.

Some information from the Betcoin thread.
Quote
Some features include:
Sportsbook
- The most complete sportsbook of any bitcoin casino
- Parlays, Teasers, If Win Bet, If Win or Tie, Action Reverse, Round Robin
- Enormous selection of leagues
- In game betting, half time betting, spread, moneyline, over/under betting
- Props and futures, odds to win, conference champions, rookie of the year - Too much to name
- Easy to use interface

Casino
- Full casino with over 150 games at www.BetcoinCasino.com
- No downloads
- Games include: Blackjack, Roulette, Three Card Poker, Pai Gow, Craps, Baccarat, 9 different video poker games, 10 different slot machines

Horses
- Wager on a variety of horse races including Triple Crown (Kentucky Derby, Belmont Stakes, Preakness)
- Wager on tracks throughout the world

Leagues for sportsbook include:
- NFL, NBA, MLB, NHL, NCAA Football, NCAA Basketball, Golf, Tennis, Nascar, Formula 1, Boxing, UFC, Soccer - 1st Bundesliga, UEFA (Champions League), UEFA (Super Cup), La Liga, Primera Division, Rugby and More!

Poker Room
- Live at www.BetcoinPoker.com

How
- Go to www.betcoinsports.com and setup an account.
- Make a deposit and login to the casino
- Win bitcoins and litecoins

Our minimum bet is: 0.00001 credits
Our maximum bet is: 2,000 credits (Higher max bets can be arranged)

Login and see the difference using our demo account:  
http://www.betcoinsports.com

Bonuses:  We have frequent bonuses, please signup for more info.

We value all feedback, comments and concerns.  Join us today at www.BetcoinSports.com.


I was wrong - Nitrogensports isn't the only sportsbook on Planet Earth to not offer listed pitchers for MLB.
Betcoinsports does this as well.

Additionally, they offer a lovely 28 cent line (-114/-114    1.8772/1.8772) for MLB totals.
Compare with Pinnacle's 10 cent line (-105/-105  1.9524/1.9524).

Has to be the worst odds (for this at least) of all the A and B books.

And how does any sportsbook not offer at least the option to select listed pitchers for MLB?
My next project is going to be odds comparisons but it is sport specific. One book offers better odds in baseball. Another book offers better odds in EPL. It has to be broken down further by match, handicap, total, vanilla, opinionated, etc.

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May 19, 2015, 03:41:29 PM
 #1139

Regarding Odds - have you ever checked out Jame's site that aggregates all the major btc sites? Pretty descent analysis, and its all automated.

example for MLB: http://bitcoin-betting-guide.com/odds-comparison-tables/major-league-baseball/

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May 19, 2015, 07:20:22 PM
 #1140

Betcoin raised from "B" to "B+". Betcoin has been in business close to 2 years. Betcoin and Nitrogen are the two fastest growing bitcoin sports books as far as player base and employees. Betcoin now has live baseball betting with both 2-way and 3-way betting along with alternate totals.

Some information from the Betcoin thread.
Quote
Some features include:
Sportsbook
- The most complete sportsbook of any bitcoin casino
- Parlays, Teasers, If Win Bet, If Win or Tie, Action Reverse, Round Robin
- Enormous selection of leagues
- In game betting, half time betting, spread, moneyline, over/under betting
- Props and futures, odds to win, conference champions, rookie of the year - Too much to name
- Easy to use interface

Casino
- Full casino with over 150 games at www.BetcoinCasino.com
- No downloads
- Games include: Blackjack, Roulette, Three Card Poker, Pai Gow, Craps, Baccarat, 9 different video poker games, 10 different slot machines

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I was wrong - Nitrogensports isn't the only sportsbook on Planet Earth to not offer listed pitchers for MLB.
Betcoinsports does this as well.

Additionally, they offer a lovely 28 cent line (-114/-114    1.8772/1.8772) for MLB totals.
Compare with Pinnacle's 10 cent line (-105/-105  1.9524/1.9524).

Has to be the worst odds (for this at least) of all the A and B books.

And how does any sportsbook not offer at least the option to select listed pitchers for MLB?



"Additionally, they offer a lovely 28 cent line (-114/-114    1.8772/1.8772) for MLB totals.
Compare with Pinnacle's 10 cent line (-105/-105  1.9524/1.9524)."

I guess I misread something at Betcoinsports - they're even worse than I stated.


nyy/WAS 7.5

Over:

Nitrogen +104.9/ 2.049
Betcoin   -109   /1.9174

[Unfortunately, Nitrogen's MLB is worthless also as they don't offer listed pitchers - sharing this aspect with Betcoin].


They don't have a 28 cent totals line, they have a 36 cent line:

-118/-118      1.8475/1.8475

Compare to Pinnacle's 10 cent line

-105/-105      1.9524/1.9524



Peeps - This deserves an elevation from B to B+?

I suppose they deserve an A+ for most horrendous juice among btc sportsbooks though...

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