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Author Topic: [FOR SALE] ★BetBTC★ Sportsbook | Bitcoin Sports Betting | Since 2014  (Read 144335 times)
ultrloa
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September 02, 2021, 12:27:28 PM
 #2901

So I guess all the withdrawal request has been processed already?

Hopefully, there's no problem that will come up so they can exit with a good reputation, and you guys who have played with the site can post your best wishes and good luck to the next journey of BETBTC as this thread will surely be lock soon.

As the owner posted here he stated that he already paid out all the backlogs happened recently so maybe this could be their total shutdown as they don't have anything to work with. Maybe for now its good to lock this thread so that there's no question regarding on what happen and other things un related to the discussion and to avoid un necessary spam which is not totally contributes to the discussion.

Anyways good luck Betbtc devs and hope to see this platform open in future if they decide to open back again their business.

R


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September 02, 2021, 12:44:12 PM
 #2902

well the BetBTC team have done well by publicizing all the steps towards the exit from the gambling space, there were few complaints on withdraw in the last few days I believe there take actions to withdraw they found before the website goes offline.

According to their announcement, they have officially closed on September 1. Already all the players have been able to withdraw all their funds without any problem. Yes, there will be complaints in some cases, but if those complaints are properly resolved then it must have been a good thing. Many gambling websites come online every day but most of them do not have this attitude. They had a large amount of funds in their hands, they returned it to their customers. So I want to take it as a positive attitude.

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Quidat
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September 02, 2021, 11:59:42 PM
 #2903

well the BetBTC team have done well by publicizing all the steps towards the exit from the gambling space, there were few complaints on withdraw in the last few days I believe there take actions to withdraw they found before the website goes offline.

According to their announcement, they have officially closed on September 1. Already all the players have been able to withdraw all their funds without any problem. Yes, there will be complaints in some cases, but if those complaints are properly resolved then it must have been a good thing. Many gambling websites come online every day but most of them do not have this attitude. They had a large amount of funds in their hands, they returned it to their customers. So I want to take it as a positive attitude.
Any acts on returning their user funds is always been a positive attitude not just on closing their doors and locking users funds and wont have a chance for them to withdraw.
They had made out some announcement earlier about on the closure which you cant really make out any complaints in case you had past the due date on where this site totally closses.
You had been reminded and there would be no excuses because 1 week time frame should be enough to pull off your funds.

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acesseca
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September 03, 2021, 12:26:51 AM
 #2904

No update yet, but it´s been only 25 hours since I made my withdrawal so I am still hopeful it will happen. I made the withdrawal around 8PM 31st of August if going by Costa Rica time so I guess I just made the deadline.

Is was pure coincidence I noticed it on the 31st and not a few days later as I just returned from vacation. I hadn´t logged in since around August 1st before that.
On what they've said, you should be able to withdraw it immediately but if there's a delay with your withdrawal, I guess you're only waiting for the manual approval of their owners for your withdrawal request.

well the BetBTC team have done well by publicizing all the steps towards the exit from the gambling space, there were few complaints on withdraw in the last few days I believe there take actions to withdraw they found before the website goes offline.
They did well clearing their back logs and if there will be still some last minute withdrawals and users that haven't taken their funds, it will be now depending on them now if they'll still give the last chance.

I think you are correct. I guess we will see in a few days.
BetBTC (OP)
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September 03, 2021, 02:20:36 AM
 #2905

Greetings,

Quick update to inform that we will honor all the currently open pending withdrawals that were made even after 1st September at midnight UTC (defined as the deadline).

**No more withdrawals will be processed**

Processing will be made until mid next week.




We're considering proposals (minimum  BTC10)
If you may be interested, please contact us on Telegram @betbtcco for more info.


Reatim
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September 03, 2021, 02:58:16 AM
 #2906

Greetings,

Quick update to inform that we will honor all the currently open pending withdrawals that were made even after 1st September at midnight UTC (defined as the deadline).

**No more withdrawals will be processed**

Processing will be made until mid next week.




We're considering proposals (minimum  BTC10)
If you may be interested, please contact us on Telegram @betbtcco for more info.


Look how generous this company is? imagine after making an announcement of no withdrawal will be entertained in end of August 31 , yet not letting all withdrawals to be processed day after that deadline?

Salute to your management Mate , Hope that one day you will operate another gambling site in any form and using this attitude over there as you will count me as regular player then.

Best of luck BetBTC team.









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sunsilk
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September 03, 2021, 03:02:56 AM
 #2907

No update yet, but it´s been only 25 hours since I made my withdrawal so I am still hopeful it will happen. I made the withdrawal around 8PM 31st of August if going by Costa Rica time so I guess I just made the deadline.

Is was pure coincidence I noticed it on the 31st and not a few days later as I just returned from vacation. I hadn´t logged in since around August 1st before that.
On what they've said, you should be able to withdraw it immediately but if there's a delay with your withdrawal, I guess you're only waiting for the manual approval of their owners for your withdrawal request.

I think you are correct. I guess we will see in a few days.
And it didn't took long until BetBTC has given you guys a chance and consideration so I think that's already good enough on your end and there will be no more withdrawals as they've been generous enough to give some chance for those who have missed the exact date.

So long BetBTC and all the best to you guys.

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September 03, 2021, 03:18:43 AM
 #2908

Greetings,

Quick update to inform that we will honor all the currently open pending withdrawals that were made even after 1st September at midnight UTC (defined as the deadline).

**No more withdrawals will be processed**

Processing will be made until mid next week.
just to clarify, the ones that will only be processed until mid next week were the ones who made the withdrawals on September 1 and the one who made the withdrawals few hours after the deadline?

I was a bit confused since you put "no more withdrawal will be processed" then said "processing will be made until mid next week"

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September 03, 2021, 05:01:47 PM
 #2909

Greetings,

Quick update to inform that we will honor all the currently open pending withdrawals that were made even after 1st September at midnight UTC (defined as the deadline).

**No more withdrawals will be processed**

Processing will be made until mid next week.




We're considering proposals (minimum  BTC10)
If you may be interested, please contact us on Telegram @betbtcco for more info.



Really nice of you that you are trying your level best to let the users withdraw their money. Also i understand that you can't keep the site open forever, when you are closing the business, so there will be a deadline.

Let me know that you are looking for proposals to sale the site and the minimum bet is 10 bitcoin ? That's a big money for a gambiling site, isn't ?

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September 05, 2021, 10:22:14 PM
 #2910

Let me know that you are looking for proposals to sale the site and the minimum bet is 10 bitcoin ? That's a big money for a gambiling site, isn't ?
i don't think 10 BTC is too big, especially for a reputable gambling platform all the way from 2014. Of course investing in such is risk but with risk comes reward if all things go well.

Initially, I thought he meant that the proposed minimum withdrawal is 10 BTC now that the deadline has passed. Cheesy

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September 05, 2021, 10:54:04 PM
 #2911

Let me know that you are looking for proposals to sale the site and the minimum bet is 10 bitcoin ? That's a big money for a gambiling site, isn't ?
i don't think 10 BTC is too big, especially for a reputable gambling platform all the way from 2014. Of course investing in such is risk but with risk comes reward if all things go well.

Initially, I thought he meant that the proposed minimum withdrawal is 10 BTC now that the deadline has passed. Cheesy
Its just common sense that minimum withdrawal is 10BTC because no gambler would really be putting this amount on a gambling site for sure.

For sure this one talks about on the sale of such website but i dont think that someone will really be interested on buying it out and i would rather create
my own than on taking something which is something not really getting some interest anymore.

R


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September 11, 2021, 02:55:57 PM
 #2912

We're considering proposals (minimum  BTC10)
If you may be interested, please contact us on Telegram @betbtcco for more info.
Is it only for domain or for all existing database? I have few connects who were looking for acquiring a casino though I doubt they will be able to afford 10 BTC for buying the site only. Looking forward. Will drop PM soon after I have got a confirmation from my connects.

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September 11, 2021, 03:59:06 PM
 #2913

i don't think 10 BTC is too big, especially for a reputable gambling platform all the way from 2014. Of course investing in such is risk but with risk comes reward if all things go well.
I disagree. BetBTC shut their business due to constant losses which is pretty obvious which is why I doubt any investor would think about investing a huge amount like 10 BTC in a failed business in my opinion.

Initially, I thought he meant that the proposed minimum withdrawal is 10 BTC now that the deadline has passed. Cheesy
10 BTC is roughly close to half a million bucks which is why I have no idea why you thought that such a huge figure would be set as the minimum withdrawal amount.

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September 11, 2021, 04:58:02 PM
 #2914

I disagree. BetBTC shut their business due to constant losses which is pretty obvious which is why I doubt any investor would think about investing a huge amount like 10 BTC in a failed business in my opinion.
I'm not really sure if they had loss or not although that's pretty obvious as you said but that doesn’t mean that someone else will have loss from the business. Changing some strategy would bring profit in the table. And 10 BTC isn’t quite high if you consider the domain name, the reputation it has built and the user they have on their platform. All together it may not be a huge amount.

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September 11, 2021, 05:32:27 PM
 #2915

Changing some strategy would bring profit in the table. And 10 BTC isn’t quite high if you consider the domain name, the reputation it has built and the user they have on their platform. All together it may not be a huge amount.
Possible, but very risky. Many investors would think twice before investing because of the competitive crypto gambling market at present. I can't think of a single crypto gambling site that resurrected successfully after shutting down their business.

I think that it would be better to invest such a big amount in a popular casino's bankroll for long-term profits instead.

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September 11, 2021, 05:54:28 PM
 #2916

Changing some strategy would bring profit in the table. And 10 BTC isn’t quite high if you consider the domain name, the reputation it has built and the user they have on their platform. All together it may not be a huge amount.
Possible, but very risky. Many investors would think twice before investing because of the competitive crypto gambling market at present. I can't think of a single crypto gambling site that resurrected successfully after shutting down their business.

I think that it would be better to invest such a big amount in a popular casino's bankroll for long-term profits instead.
^ But I think if the gambling casino is trusted just like this casino, they will return the fund to the players and the investors as well.
If you trust the casino, 10 BTC is worth it to invest and it has a good return at the right time, I saw gambling casinos that allow investors are their profit depended on the casino revenue. I remember Yolodice when there is someone invested there, after that they temporarily close the investing options until such day they declare of shutting down but right after they distributed the left fund from the investors and players.
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September 11, 2021, 08:50:10 PM
 #2917

I disagree. BetBTC shut their business due to constant losses which is pretty obvious which is why I doubt any investor would think about investing a huge amount like 10 BTC in a failed business in my opinion.
Who knows?

Maybe they just wanted out. Maybe the owners just wanted to move on to the next venture. The only people who know why the decided to shut down the business and sell it are the owners. Do you have any evidence to back your claim that it's a failed business?

If New owners came up with new good marketing strategies. Do you think they can't make any money out of BetBTC?

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September 11, 2021, 08:54:52 PM
 #2918

I disagree. BetBTC shut their business due to constant losses which is pretty obvious which is why I doubt any investor would think about investing a huge amount like 10 BTC in a failed business in my opinion.
Who knows?

Maybe the just wanted out. Maybe the owners just wanted to move on to the next venture. The only people who know why the decided to shut down the business and sell it are the owners. Do you have any evidence to back your claim that it's a failed business?

If New owners came up with new good marketing strategies. Do you think they can't make any money out of BetBTC?

I don't know how profitable a crypto business is, but selling it for less than half a million dollars, I think it's fair enough since they build their name for many years and they maintain their good reputation. Probably if the new owner will go for a more aggressive marketing strategy, they can make this site to be more profitable, and in just a few months or years, that ROI will be achieved.

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Stalker22
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September 11, 2021, 10:22:24 PM
 #2919

In my opinion, this isn't a lot of money for a crypto casino with a good reputation and a great domain name. I have seen some domain names alone sell for much more than this. (List of most expensive domain names)
But I'm not an expert. Cryptocasinos can probably generate a large amount of revenue, but I'm not sure how much money has to be allocated to marketing, promotions, etc. It's possible that they ran out of liquid funds to continue operating, but that's just speculation. I do not believe they were at a loss. As some have mentioned, they may simply wish to pursue some other opportunities, much as the Yolodice owners did last year.

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rclaus
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September 12, 2021, 04:24:57 AM
 #2920

Is anyone still waiting for a payout? I requested my last payout on the day the site closed, and still have not received payment. It has been over a week.
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