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Question: How was our overall rating since 2014?
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Author Topic: [FOR SALE] ★BetBTC★ Sportsbook | Bitcoin Sports Betting | Since 2014  (Read 144340 times)
LOBSTER
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November 25, 2014, 03:40:10 PM
 #21

Will try it later on
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BetBTC (OP)
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November 25, 2014, 04:57:48 PM
 #22

Will try it later on

Nice! If you have any question or trouble with anything on the site ping here. We want to get feedback from users

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November 25, 2014, 06:07:40 PM
 #23

How do we know you will not just run away after opening up and taking deposits? Are you a registered company? Who are the people behind this?

If you feel something is not right, then it is not right.

Be careful. Smiley

Not accusing them of anything yet, but whats the player's security in this? Do we just trust you OP? < That's gonna be very difficult Wink

During the last year we spent more than 1000 working hours and more than 10.000$ on consumers and others just for to develop this entire original platform from scratch.

I know it would still need some time to have users' trust, however if you just open the site and take a look, it would be quick and easy to understand that we wouldn't have all this effort building such product to scam some people, make some thousands and then run away.. We thinked big and our goal here is to achieve a big number of players, staying for the long term.

If after visiting our site it still doesn't inspire you the necessary confidence, you can still register and stay for BETA, joining the contest we are running with a bounty of 1.8 BTC for the top3, it is free to participate and you have the chance to look by yourself all our potential and features.

Ok lets see how it goes. BTW mind giving out the names and profiles of people behind this? Your office location?
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November 27, 2014, 07:08:05 AM
 #24

The referral system is done an waiting for you (as the whole site itself).
Start promoting BetBTC and win 60% on referral commissions for one entire year.

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November 27, 2014, 07:16:08 AM
 #25

4% is way too high for exchange market. Nitrogen and BTCsportsmatch were 1 and 2% fee respectfully on winnings only.

.







.
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November 27, 2014, 01:46:33 PM
 #26

page works very smoothly  Smiley

any eta when the real BTC offer is starting?
(not the beta, i´m talking about serious BTC wagers)

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November 27, 2014, 01:47:50 PM
 #27

4% is way too high for exchange market. Nitrogen and BTCsportsmatch were 1 and 2% fee respectfully on winnings only.

i think they also take the 4 % on net winnings only in a market

mllenios
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November 27, 2014, 02:30:01 PM
 #28

Is the referral system still on?

I will happy if I can join. I also told my friends about this.

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November 27, 2014, 03:17:33 PM
 #29

Is the referral system still on?

I will happy if I can join. I also told my friends about this.

The referral system is completely operational. All you have to do is sign up for an account and look for the referral page on "My Account".
When we go Live, every active user you bring during BETA (active during beta) will give you 60% commission during the first year. Then the regular 30% from 2016.

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November 27, 2014, 05:31:51 PM
 #30

4% is way too high for exchange market. Nitrogen and BTCsportsmatch were 1 and 2% fee respectfully on winnings only.

In order to clarify a few questions users are having, we decided to make this post.

At the moment, we don’t feel it is the proper time to disclose the team behind the project, when that time comes we will do that on our own interest since confident users are a major key to our success, however as we already referred, we are at a BETA stage, meaning that we are still testing the proof-of-concept, at the same time that all procedures are still being taken care of and improved.

Our exchange platform is unique at the moment, and there is no competitor that matches our features, we allow and provide tools for trading, as we just block the minimum necessary about to place a bet, a feature we call AutoPay System, that calculates for each market  and before/after each bet is placed, the minimum exposure and allow you to use profit to bet on other selections or simply reduce your liability or your loss!

That and many other features we developed, you don’t just see in other “exchanges” as some users said, but exclusively on few big players not operating yet in bitcoin, like Betfair for example…

To conclude, and just to clarify also the situation about the commissions:
1st if you register while we are at BETA stage, you will be eligible for a 1-year 2% only commission.
2nd that commission is only charged on net winnings meaning that we don’t charge you in every bet you put as regular sportsbooks do, by adding their margin (spread) do their bets. On BetBTC you only play commission when you win.

Hope to see you all and start referring people for more liquidity. Enjoy our temporary referral commission of 60%!

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November 27, 2014, 06:01:44 PM
 #31

I just take a look to this website and fast out.


Lokeren - Legia   Today | 18:00
   
   
2.0          1.01

Thats the ods for Legia??

In others betting websites start from 2.50


-2: -1 / +0
Warning: Trade with extreme caution!
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November 27, 2014, 06:13:28 PM
 #32

I just take a look to this website and fast out.


Lokeren - Legia   Today | 18:00
   
   
2.0          1.01

Thats the ods for Legia??

In others betting websites start from 2.50



We are an exchange not a bookmaker. This means that all the odds and amounts you see on the site are other user's unmatched bets. Take a look at example below



In this example you can see that we have a back unmatched odd 4.2 @ 1dBTC stake and a lay unmatched 4.0 @ 1 dBTC.

This is "unmatched" because one user is asking at 4.2 while the other is offering at 4.0 ---> NO DEAL

If someone comes now and wants to back here at 4.0 or lower OR lay 4.2 or higher there will be matched bets.

If you still have doubts let me know


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November 28, 2014, 01:10:49 PM
 #33

We have reached 50 User Registrations in just a few days of competition / Beta!

Keep the fantastic feedback

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November 28, 2014, 01:22:36 PM
 #34

We have reached 50 User Registrations in just a few days of competition / Beta!

Keep the fantastic feedback

Congratulations man..

I hope you get more and will be successful on your venture.

And please do not run with the BTC.

CoinTheCoin
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November 28, 2014, 11:49:57 PM
Last edit: November 30, 2014, 03:17:47 AM by CoinTheCoin
 #35

Please be careful with this site.  There might be a connection with betabit.co.in which turned out to be a scam as there's some similarities in style and graphics, but at this point there is no proof of any kind.

edit; removed trust and big red letters

edit2; removed generalizations about betbtc and betabit.co.in after some information provided by betbtc that corroborates their story.

 
BetBTC (OP)
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November 29, 2014, 03:43:22 AM
Last edit: December 02, 2014, 04:24:09 AM by BetBTC
 #36

Hello.

We understand your frustration as another site already scammed you, however it's not correct to start accusing with absolutely no valid proof or even reasonable argument a brand new site that is nothing related with that. We are not anyhow related/affiliated with the website referred, neither we were aware of the existence of that website.

Although we are aware that few users might think there are some similarities  between BetBTC and the website you referred,on our opinion there are no similarities at all, just a site with the same "idea", from the print screens you provided there is nothing special we could found that is even similar (site design).

We are very confident that our Support Team is and will always be able helping in everything needed, and our user's feedback will start talking by itself soon.

Our site was inspired on Betfair(http://imgur.com/P8k8i4E,eBdybWp,O2gGodQ#2). As it is will known, they are the market leaders. Many of our features were inspired on theirs. As we did, many other sports exchanges like BetDAQ(http://imgur.com/P8k8i4E,eBdybWp,O2gGodQ), SMarkets(http://imgur.com/P8k8i4E,eBdybWp,O2gGodQ#1), or apparently that BetaBIT was also a (failed) inspiration.
All these sites are on different magnitudes, and as you can see that doesn't mean they need t be that different and be operated by the same users, they are similar because they just run on the same  business.

Talking now about the market 1x2 market. Not only Betfair uses the notation you identify as a “similarity”, the 1 X 2 is a common notation  used in the global Sportsbook betting industry to represent the regular time winner ----> https://www.google.pt/search?client=safari&rls=en&q=1x2+betting+explained

It is not a BetBTC vs betabit issue, it's more like a global term used in the industry, won't lose more time here..

Going now to the color similarity issue used for the Back/Lay tables, it's more or less the same as previous point.. you can check that SMarkets is using that same style… And Betfair uses a style of colors for that elements, that we don’t consider that would fit well in our layout, so we went with the common and standard style, in terms of buy/sell (referring to trading situations) colors - > buy is green and sell is red.

If you, or someone have more print screens from the website you referred, we would appreciate that you share them with us as we are now a little curious. However we are 100% certain that the similarities you are talking are very weak and vague because we developed everything and there's no chance anybody had cloned us so far (never been hacked or stolen)

Just to conclude, we would like to referrer one more time, that we are not accepting deposits at this time.

We are in a BETA Stage, and you will not need to put even a satoshi in our website to test it now, our goal is only to gather feedback from users and improve our platform.

Please stop accusing BetBTC without having valid arguments while we are working the best we can. We are trying to build our reputation providing all the class and professionalism we can.

If our goal was to scam people, we won't need any beta time and our cashier won't be closed.. think about that.

Thank you for your attention
BetBTC

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November 29, 2014, 04:14:34 AM
Last edit: November 30, 2014, 03:19:22 AM by CoinTheCoin
 #37

Will keep an eye out and keep following.  Wish all the best if ran right.

edit; removed generalizations about betbtc and betabit.co.in after some information provided by betbtc that corroborates their story.
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November 29, 2014, 04:51:14 AM
 #38

I don't believe I have accused your site of anything just yet.  I am simply letting people know that there is a great similarity between your site and one that was opened up earlier in the year that ended up running away with the funds.  I am also very willing to remove all trust and messages if this does turn out to be legitimate and that there are zero connections between your site and the one that scammed. 

I think it's quite hard to say that you see no resemblance whatsoever.  None of the sites you listed are even close to the colour schemes and design that both your site (one that was supposedly written from scratch) and betabit.co.in feature.

It's also amusing that you closed with the argument that it's not a scam because your site is first opened up in beta.  It just so happens that betabit.co.in also started up opening as a beta.

Furthermore you haven't addressed the fact that you guys use the same back and lay system and that you are both charging the same 4% fee.

I will be asking users that posted in the other thread and had actual experience with them to check out your site to see if they find any similarities as well.

Hopefully this is all just a big coincidence, and I profusely apologize if so, but I believe the safest measure is to warn people that there is a possibility of something foul.  I think potential customers at least deserve that.

We would really appreciate if you can call users that used the other site to confirm this misunderstand and clarify to all our users / potential users that there is absolutely no relationship between both sites.
We putted a lot of work and money on this project during the last year, and we don't want to be confused with a site like that just because we have similar minor things.

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November 29, 2014, 05:22:01 AM
 #39

Good one mate, will try it for sure.

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ctlaltdefeat
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November 29, 2014, 10:17:42 AM
 #40

As a previous user of betabit.co.in, there really are some striking similarities between the sites as CoinTheCoin pointed out, as well as a few other subtle things.
It's nothing close to conclusive at the moment, but even disregarding this potential avenue, I would still highly suggest to be extremely cautious as befitting such a site and given the "rich" history of bitcoin gambling site scams.
It especially doesn't help when it all sounds so sleezy. "The First Dedicated Bitcoin Sports Exchange", definitely not. Trying to deflect all criticism with the claim that it's just a beta? Having a Support "Team" when you aren't going to get basically any liquidity in the near future?
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