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Author Topic: #1 RATINGS of BITCOIN SPORTSBOOKS : poster book discussion  (Read 224411 times)
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Gogo ppp
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January 08, 2016, 06:22:03 AM
 #1681

Hi folks

Our hot wallet was depleted for a while over the holiday weekend, so some customers had to wait a few hours to receive their withdrawals.

All withdrawals were processed within 24 hours.

Also - we encountered more ISP downtime as they were targets of a DDoS attack. Bets from this period took longer to grade than normal, but have now all been graded. We are putting in place additional redundancy so that this issue can be mitigated in the future.

Thanks for your patience and understanding.

Cheers,
Cloudbet

"Our hot wallet was depleted for a while over the holiday weekend, so some customers had to wait a few hours to receive their withdrawals.

All withdrawals were processed within 24 hours."




I've asked the following previously, and it's never been answered:

How can it take 24 hours to refill your hot wallet?

Fifteen minutes is understandable.
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January 08, 2016, 08:42:50 AM
 #1682

Hi folks

Our hot wallet was depleted for a while over the holiday weekend, so some customers had to wait a few hours to receive their withdrawals.

All withdrawals were processed within 24 hours.

Also - we encountered more ISP downtime as they were targets of a DDoS attack. Bets from this period took longer to grade than normal, but have now all been graded. We are putting in place additional redundancy so that this issue can be mitigated in the future.

Thanks for your patience and understanding.

Cheers,
Cloudbet

"Our hot wallet was depleted for a while over the holiday weekend, so some customers had to wait a few hours to receive their withdrawals.

All withdrawals were processed within 24 hours."


I've asked the following previously, and it's never been answered:

How can it take 24 hours to refill your hot wallet?

Fifteen minutes is understandable.


Hi Gogo

Refilling our hot wallet requires multiple individuals to sign a transaction offline from a secure location. As all of these individuals were at home with their families, this took a few hours.

I hope this clears things up and I hope you don't think a few hours over the holiday period is unreasonable.

Cheers,
Cloudbet

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January 08, 2016, 10:01:31 AM
 #1683

New site coinbet24.com

Some questionable items in their Rules:

"5.1.7. We reserve the right to apply a handling charge of up to 5%  on deposits and withdrawals to cover transaction costs."

[5% to cover zero deposit costs to coinbet24 and about 4 cents USD for a withdrawal (assuming they will pay the miniscule miner's fee)?]


"7.7. If the odds for a pre-live market move in your favor between the time that a bet on that market is submitted and the time that it is accepted by Coinbet24, the bet will be accepted at the odds at the time the bet was made. Your bets and prices can always be displayed by clicking “My Profile” and “Bets”."

[So if the odds improve for the bet we are trying to make, we get the original now worse odds.
But if the odds worsen, we get the worse odds.
Correct?]

Bump.

Hi Gogo ppp & all other Bitcoin talk members,

I see that there are some questions to our rules at coinbet24.com. I will here try my best to explain these.
Question 1:
5.1.7. We reserve the right to apply a handling charge of up to 5% on deposits and withdrawals to cover transaction costs.
The intention of this rule is to reserve a right, not to execute this for normal customers.
The reason for “deposits” being mentioned is, that we plan in the future to introduce other payment forms, from which we will be charged a certain percentage. Should we ever choose to make the customer pay part of such charge, then I can guarantee, that we will display this, when the customer is making such deposit.
The reason for reserving a right for a withdrawal fee is because we have during our combined 20 years+ experience in the gambling industry have seen the strangest things. Example would be a person repeatedly depositing money and then withdrawing these without any gambling action in between. So we process withdrawals manually, which means that a person has to take some actions to process each withdrawal. The costs of this is off course something we pay and do not mind paying for any customer betting with us. Both I am sure that you can understand, if a person let’s say 10 times repeatedly just deposit and then right after request withdrawal without any gambling action. Then we would probably execute this right.
I have made an internal suggestion, that we remove “deposits” from 5.1.7 and add any deposit fee for specific payment methods in separate clause. I hope this change will be approved and executed later today.
My last comment for this is that Coinbet24 have so far never executed this right.

Question 2:
"7.7. If the odds for a pre-live market move in your favor between the time that a bet on that market is submitted and the time that it is accepted by Coinbet24, the bet will be accepted at the odds at the time the bet was made. Your bets and prices can always be displayed by clicking “My Profile” and “Bets”."
I actually agree that the wording of this sound a bit strange.
Let me first assure you, that when you place your bet and see confirmation, then the price is fixed, no matter which way the price goes. If any changes happen between the time add the bet to your coupon and press submit, then a box will appear telling you that the price has changed and you will have the option whether you still want to make the bet.
Well, I believe that rule 7.7 was intended for a system feature, which we have still not introduced. This is when someone want to place a rather large bet, e.g. BTC 100 @ price 5.0. Such large bet might be accepted, but would enter into manual approval, which probably can take up to an hour. I think the rule then describes, that if the bet then in the mean time changes, then it is would be the price a the time of the bet that would be counting, if the bet is approved.
Again, I see no reason to have this rule before such feature is introduced and I have also put in request to have 7.7 removed for now.
 
We really appreciate all your inputs for Coinbet24.com and thank you for these, as we always want to improve all aspects. I hope you are also are happy with our answer to these. Should you have more questions about rules or other aspects, please feel free to write again. (Maybe let us know that there is a question on cj@coinbet24.com, since I do not constantly monitor all forum threads.)
 
Thanks again

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January 08, 2016, 01:01:36 PM
 #1684

Glad to see Direct and Peeps conversating in a way useful and helpful to the players. Cheesy
WBC is still online and not sending anything, starting to believe waiting them is a waste of time.
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January 09, 2016, 01:49:24 AM
 #1685

FairLay = D-/F

Always issues with cashouts of 2BTC+ (can take up to 3-5 days with them not responding to you for 24h+).

Site bugs that cost you your balance, always need to be extra-careful while playing the bets. Often times events are misgraded or not graded at all, and not corrected in 3days+.

Unnaccapteble behavior of "support". Attempted to hold customers coins, zero respect and action taken before it was all brought to the public after 48hours+. In general, they threat you like shit and lie as well.

https://bitcointalk.org/index.php?topic=673475.msg13485149#msg13485149

We kindly ask you to ignore that post. It's simply not true or issues that were fixed months ago. Our cashouts are very fast.  The user is upset about a denied bounty after he damaged our reputation by calling us thieves...

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January 12, 2016, 07:28:03 AM
 #1686

Update


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January 13, 2016, 07:34:32 PM
Last edit: January 13, 2016, 08:19:54 PM by Gogo ppp
 #1687

Betcoin takes 10 hours for a 2 btc withdrawal:

dooglus: "So I ended up redepositing to Betcoin and playing a little dice. I feel like an idiot for playing again after saying I wouldn't, but whatever.

I won a little, and tried to withdraw. It took over 12 almost 10 hours for the withdrawal to be made. Why is that? I understand if you need to check for collusion, but I was playing dice!"

https://bitcointalk.org/index.php?topic=424598.660

(Post # 680)
_________________________________-

Phishing emails sent to Betcoin's customers, with a link to reset one's password (leading to a Russian url).

Betcoin is aware of this so posts a notice in their chatbox that the emails are phoney, but doesn't bother to email their customers and notify them of this major security breach.
Nor explain how criminals got ahold of their email list.

This is undoubtedly the most unprofessional website (and business in general) of all that are on Peep's ratings list.

https://bitcointalk.org/index.php?topic=424598.660

(Posts # 682 -688)
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January 13, 2016, 07:40:08 PM
 #1688

Peeps - "Casinobitcoin" on your ratings list:

Didn't they change their name about a year ago?
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January 13, 2016, 08:18:48 PM
 #1689

DuddlyDoRight - "...betcoin.ag has been hacked."


https://bitcointalk.org/index.php?topic=424598.680

(Post # 690)


[I'm posting this here to warn current and potential customers, as Betcoin has taken no steps to notify customers other than a notice in their on-site chatbox].

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January 14, 2016, 03:09:57 AM
 #1690

Peeps - "Casinobitcoin" on your ratings list:

Didn't they change their name about a year ago?
yes. I just noticed that the old URL doesn't even work. I'll change it to Bitcoinrush.io. Thanks

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January 14, 2016, 03:57:27 AM
 #1691


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January 15, 2016, 01:09:46 AM
 #1692

Quote
Betcoin.ag has not been hacked but just a target of a pretty elaborate phishing scheme for which we have developed an email security verification system which will be further explained in the next post and Betcoin.ag will never ask you for your password or to download anything via an email anytime.  Thank you.

Quote
Increased Email Security With Email Verification Code at Betcoin.ag

In order to increase our player security and prevent against phishing attempts and unauthorized messages going to players we have instituted an Email verification system.

https://www.betcoin.ag/increased-email-security-email-verification-code-betcoinag

To ensure that emails received to your email address are sent from Betcoin.ag and not an impersonator we include an email security code with every email that is sent to you. This security code is unique to your account. You can verify the authenticity of any email from us by pasting the security code in the following textarea here:

https://www.betcoin.ag/mail_security_verify

or clicking the verify button directly from your email. If your email does not have a security code or it is unable to be verified here DO NOT PROCEED FURTHER WITH THE EMAIL. Please contact us if you have any questions.

At the bottom of each email you will have the following unique verification code:



You must be logged into Betcoin.ag to verify the email and clicking the link will take you to the email verification page. The message give will be the code matches and the email is legitimate if the email was sent out from Betcoin.ag

We remind you that Betcoin.ag will never ask for your password or ask you to download any link direct from an email at anytime nor ask you to login to a page that isn't directly at www.betcoin.ag. As we continue to increase in size, unscrupulous people will try to game, scam, steal and do whatever they can, but we remain committed to providing you exceptional service and security and we are here for you anytime

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January 15, 2016, 01:15:20 AM
 #1693

Update: Added 2FA to Betcoinsports


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January 15, 2016, 07:51:00 AM
 #1694

Quote
Betcoin.ag has not been hacked but just a target of a pretty elaborate phishing scheme for which we have developed an email security verification system which will be further explained in the next post and Betcoin.ag will never ask you for your password or to download anything via an email anytime.  Thank you.

Quote
Increased Email Security With Email Verification Code at Betcoin.ag

In order to increase our player security and prevent against phishing attempts and unauthorized messages going to players we have instituted an Email verification system.

https://www.betcoin.ag/increased-email-security-email-verification-code-betcoinag

To ensure that emails received to your email address are sent from Betcoin.ag and not an impersonator we include an email security code with every email that is sent to you. This security code is unique to your account. You can verify the authenticity of any email from us by pasting the security code in the following textarea here:

https://www.betcoin.ag/mail_security_verify

or clicking the verify button directly from your email. If your email does not have a security code or it is unable to be verified here DO NOT PROCEED FURTHER WITH THE EMAIL. Please contact us if you have any questions.

At the bottom of each email you will have the following unique verification code:



You must be logged into Betcoin.ag to verify the email and clicking the link will take you to the email verification page. The message give will be the code matches and the email is legitimate if the email was sent out from Betcoin.ag

We remind you that Betcoin.ag will never ask for your password or ask you to download any link direct from an email at anytime nor ask you to login to a page that isn't directly at www.betcoin.ag. As we continue to increase in size, unscrupulous people will try to game, scam, steal and do whatever they can, but we remain committed to providing you exceptional service and security and we are here for you anytime

They have not explained how every single users email and user name got into the hands of whoever sent the email.

If they handle this situation the way they have handled similar issues in the past, they will either refuse to address the issue any further or lie about it.  Then some sort of giveaway or freeroll which involves posting good things about them to qualify.  This will make them too busy thanking everyone for the compliments to respond to those "trolls who even complain when they give away money"

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January 15, 2016, 01:22:16 PM
 #1695

We have already added a ton of extra sports and leagues to BetBTC. (Horse-Racing still incoming)

Positive Feedback keeps coming on our topic like the  deposits, freebet requests and liquidity.
Features like instant deposits, live chat support, API betting, anonymous betting and more were released.
We are operating for more than 1 year.

Our C- rating on this topic keeps unchanged  Sad

The only thing holding you back is liquidity. It's checked often. There will be some upgrades/downgrades in the next couple of weeks.

1 more month have passed, our rank is the unchanged C-

Don't know what to say more, the evidence is everywhere, you should visit our site, topic, or search for "betbtc" anywhere at least once.
http://www.bitedge.co/bitcoin-sportsbook-reviews/betbtc-review/

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January 15, 2016, 02:00:16 PM
 #1696

We have already added a ton of extra sports and leagues to BetBTC. (Horse-Racing still incoming)

Positive Feedback keeps coming on our topic like the  deposits, freebet requests and liquidity.
Features like instant deposits, live chat support, API betting, anonymous betting and more were released.
We are operating for more than 1 year.

Our C- rating on this topic keeps unchanged  Sad

The only thing holding you back is liquidity. It's checked often. There will be some upgrades/downgrades in the next couple of weeks.

1 more month have passed, our rank is the unchanged C-

Don't know what to say more, the evidence is everywhere, you should visit our site, topic, or search for "betbtc" anywhere at least once.
http://www.bitedge.co/bitcoin-sportsbook-reviews/betbtc-review/

Imo the user vs user betting is what it made you got graded c- because time will be wasted if no one takes on your bet and itll just get cancelled rather than betting straight on

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......Play......
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January 15, 2016, 02:07:59 PM
 #1697

We have already added a ton of extra sports and leagues to BetBTC. (Horse-Racing still incoming)

Positive Feedback keeps coming on our topic like the  deposits, freebet requests and liquidity.
Features like instant deposits, live chat support, API betting, anonymous betting and more were released.
We are operating for more than 1 year.

Our C- rating on this topic keeps unchanged  Sad

The only thing holding you back is liquidity. It's checked often. There will be some upgrades/downgrades in the next couple of weeks.

1 more month have passed, our rank is the unchanged C-

Don't know what to say more, the evidence is everywhere, you should visit our site, topic, or search for "betbtc" anywhere at least once.
http://www.bitedge.co/bitcoin-sportsbook-reviews/betbtc-review/

Imo the user vs user betting is what it made you got graded c- because time will be wasted if no one takes on your bet and itll just get cancelled rather than betting straight on

I really don't understand how a positive feature like that can be converted to a negative like you're saying.

If you don't like an odd you don't pick it. If you are not patient for your bet to be taken (place unmatched) just pick something and match instantly.

What you're saying is the same as telling you don't like bitcoin exchanges because you are buying or selling coins to / from other people, cause you would prefer to have a centralised entity to transact with.

On BetBTC some months ago our unmatched and matched transaction volumes used to be kinda low, and I understand the critics at that time, however it makes no sense to keep complaining about that now.

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January 15, 2016, 02:25:54 PM
Last edit: January 15, 2016, 02:38:14 PM by Peeps Place
 #1698

We have already added a ton of extra sports and leagues to BetBTC. (Horse-Racing still incoming)

Positive Feedback keeps coming on our topic like the  deposits, freebet requests and liquidity.
Features like instant deposits, live chat support, API betting, anonymous betting and more were released.
We are operating for more than 1 year.

Our C- rating on this topic keeps unchanged  Sad

The only thing holding you back is liquidity. It's checked often. There will be some upgrades/downgrades in the next couple of weeks.

1 more month have passed, our rank is the unchanged C-

Don't know what to say more, the evidence is everywhere, you should visit our site, topic, or search for "betbtc" anywhere at least once.
http://www.bitedge.co/bitcoin-sportsbook-reviews/betbtc-review/


I like BetBTC. The site is looks great, is user friendly and the hold is low. Here are a couple of reasons why BetBTC isn't being upgraded at this time.

BetBTC offers ML betting in the NFL. Other books offer ML, sread, totals, alt. spreads, alt totals, HT betting and prop betting.

BetBTC offers 1x2 betting in soccer. Other books have totals, half time, corners and other prop betting.

BetBTC offers 6 different soccer leagues. Other books may offer more than 50 leagues. Right now Nitrogen has a 6 BTC limit on Iran soccer u23. The limit is much higher in major soccer markets.

In the NFL Nitrogen's max bet is 30 BTC right now and will be much higher on game day.

BetBTC has a total of 10 different sporting events listed. Others may offer cycling, handball, golf to name a few that BetBTC isn't offering.

It's not that BetBTC is a bad book, it's that the books rated above BetBTC are very good.

The guidelines and requirements for top ratings here are more comprehensive and not as lenient as review sites elsewhere.


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January 15, 2016, 02:32:23 PM
 #1699

BetBTC - My goal isn't to shed a negative light on BetBTC but here are some of the features and markets of top books.



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January 15, 2016, 02:37:00 PM
 #1700

We have already added a ton of extra sports and leagues to BetBTC. (Horse-Racing still incoming)

Positive Feedback keeps coming on our topic like the  deposits, freebet requests and liquidity.
Features like instant deposits, live chat support, API betting, anonymous betting and more were released.
We are operating for more than 1 year.

Our C- rating on this topic keeps unchanged  Sad

The only thing holding you back is liquidity. It's checked often. There will be some upgrades/downgrades in the next couple of weeks.

1 more month have passed, our rank is the unchanged C-

Don't know what to say more, the evidence is everywhere, you should visit our site, topic, or search for "betbtc" anywhere at least once.
http://www.bitedge.co/bitcoin-sportsbook-reviews/betbtc-review/


I like BetBTC. The site is looks great, is user friendly and the hold is low. Here are a couple of reasons why BetBTC isn't being upgraded at this time.

BetBTC offers ML betting in the NFL. Other books offer ML, sread, totals, alt. spreads, alt totals, HT betting and prop betting.

BetBTC offers 1x2 betting in soccer. Other books have totals, half time, corners and other prop betting.

BetBTC offers 6 different soccer leagues. Other books may offer more than 50 leagues. Right now Nitrogen has a 6 BTC limit on Iran soccer u23. The limit is much higher in major soccer markets.

In the NFL Nitrogen's max bet is 30 BTC right now and will be 100 BTC on game day.

BetBTC has a total of 10 different sporting events listed. Others may offer cycling, handball, golf to name a few that BetBTC isn't offering.

It's not that BetBTC is a bad book, it's that the books rated above BetBTC are very good.



Ok so I think I got it now, slightly 90% of the rating weight is based on 2 factors: the sport/league offer and betting liquidity volumes; all the rest ( Instant Payments, Anonymous Betting, User vs User Betting, Clean Site Navigation and Menus, etc...) accounts for the little rest of the rating. (luckily we have the c-)

I am sorry but we will definitely unsubscribe from this topic since this rating criteria makes absolutely no sense. You seem to not understand that we are a betting exchange and having more sports and events will only spread the liquidity even more.

We are expanding the offer for some months already but that must be made progressively and not from one day to another, following the user grown.

If any user wants to address us something here, please pm us the post directly.

Thanks

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