#1 RATINGS and REVIEWS of SPORTS BOOKS thread. Poster input appreciated. - page 12.

hypersire

hero member

Activity: 596

Merit: 500

Quote from: casinobitco on July 10, 2014, 11:02:55 AM

... And how much BTC have we raised the past year with our offerings on Havelock and outside through VC?

The fact remains we've been operating for a full year, never missed any player payout or even been a hint of a scam like other sites that pop up and exit in months.. Knowing this very vocal community I can promise you if we didn't pay a user even fractions of a BTC, it would be plastered in many threads (including our own).... May I suggest you do further research and come back with a better informed opinion?

Quote from: evo34 on July 09, 2014, 02:11:21 AM

Regarding CasinoBitco.in, I applaud the transparency, but I have to say that I would never deposit at a book that has attracted a total player balance of ~$30k after being open for 14 months, and has yet to show the ability to make a profit as a sportsbook (ignoring casino PnL):

https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc&usp=sharing#gid=16

casinobitco - please add vfl virtual football!

casinobitco

legendary

Activity: 1833

Merit: 1030

... And how much BTC have we raised the past year with our offerings on Havelock and outside through VC?

The fact remains we've been operating for a full year, never missed any player payout or even been a hint of a scam like other sites that pop up and exit in months.. Knowing this very vocal community I can promise you if we didn't pay a user even fractions of a BTC, it would be plastered in many threads (including our own).... May I suggest you do further research and come back with a better informed opinion?

Quote from: evo34 on July 09, 2014, 02:11:21 AM

Regarding CasinoBitco.in, I applaud the transparency, but I have to say that I would never deposit at a book that has attracted a total player balance of ~$30k after being open for 14 months, and has yet to show the ability to make a profit as a sportsbook (ignoring casino PnL):

https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc&usp=sharing#gid=16

Rating Place

legendary

Activity: 3878

Merit: 1061

I want to bring this to the forum before making an upgrade. Betcoinsports now qualifies for a "B" rating since they opened in April of 2013. Betcoinsports was once rated "C+" but they were downgraded to "C" because of two hiccups. In both disputes the player and Betcoinsports posted their case in this thread. Posters agreed with the player in both instances and Betcoinsports paid the players.

Betcoinsports has now revamped their software. I personally feel that Betcoinsports should be upgraded to "B-". Is there anyone that feels the upgrade is unjustified?

evo34

newbie

Activity: 11

Merit: 0

Regarding CasinoBitco.in, I applaud the transparency, but I have to say that I would never deposit at a book that has attracted a total player balance of ~$30k after being open for 14 months, and has yet to show the ability to make a profit as a sportsbook (ignoring casino PnL):

https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc&usp=sharing#gid=16

Rating Place

legendary

Activity: 3878

Merit: 1061

Example for DirectBet.

Quote

Caution is Advised As New Ratings for Bitcoin Sportsbooks are Released
June 29, 2014Angela Burrows
Comments off
As the World Cup knock-out round continues, gamblers are advised to be careful when it comes to choosing sportsbooks that use bitcoins. The anonymity that makes bitcoin so attractive to sports bettors also carries a risk; sportsbooks can easily vanish overnight and take its deposits with them. Peeps Place, the gold standard when it comes to rating bitcoin sportsbooks, says this is a dangerous point of time for sports bettors.

“The World Cup is the most popular time for hit and run books. After that it’s the Super Bowl. I’m not saying that the new kids on the block are necessarily bad books,” says the poster Peeps Place at Bitcointalk.org. “The odds say that some will be out of business shortly after the World Cup walking off with funds. This is not the time to test out new books.”

Anonibet, the oldest and most reputable of bitcoin books, keeps improving its game and maintains its A rating. Anonibet is now adding more betting options for Americans, including competitive lines for baseball and the WNBA. They recently became a Gold Member of the Bitcoin Foundation, a further sign that Anonibet is focusing on the long-term when it comes to the sportsbook business. Anonibet is celebrating the World Cup by offering a 22 bitcoin contest for its customers.

NitrogenSports remains the sole B rated book. Like Anonibet, Nitrogen is running a huge bitcoin contest for the World Cup, giving away 20 bitcoins over the duration of the tournament.

Casinobitco.in remains at C+ but may soon be joining Nitrogen Sports in the B category. A solid book since opening business in June 2013, the Panama-based Casinobitco.com offers competitive prices with a focus on American sports.

Complete ratings from Peeps Place:

“A” rated books
Anonibet A (in business since 2011)

“B”rated books
NitrogenSports B+ (2012)

“C” rated books
Casinobitcoin C+ (2013)
Cloudbet C+ (2013)
SBObitcoin C+ (2013)
DirectBet C (2013)
Betcoinsports C (2013)
Jetwin C- (2013)
BetOWI C- (2014)
Bitbm C- (2013)

“D” rated books
Coindraft D+ (2014)
Roadbet D+ (2012)
BetVIP D+ (2014)
Bitcoinlivebets D- (2013)

“F” rated books
BetCas F
Bitcoinsport F
Coinbet F
Sportbet.im F
StakeBTC

http://news.rouletters.com/caution-is-advised-as-new-ratings-for-bitcoin-sportsbooks-are-released-0002339.html

Rating Place

legendary

Activity: 3878

Merit: 1061

Quote from: DirectBet on July 09, 2014, 12:55:03 AM

Quote from: DirectBet on July 08, 2014, 08:48:14 AM

Quote from: Rating Place on July 08, 2014, 08:18:57 AM

Anonibet and Casinobitcoin have good sized staffs.

You ignored my question. I will ask it again :

How do you know how many employees Anonibet and Casinobitcoin have ? Have you met them in person to verify that ?

People here are following your advices and ratings and so you should be responsible and back up your claims.

If Anonibet needs extra man power to process manual withdrawals, manage risk and set up lines (as you claimed in an earlier post), while we have invested in a state of the art proprietary software that does that automatically with 0 employees, do we need to get discredit for that ?

Since Peeps failed to reply, we have to assume that he does not know how many employees Anonibet and Casinobitcoin have.

That didn't stop him from claiming that "Anonibet and Casinobitcoin have good sized staffs.".

This is yet another false and misleading information from Peeps in an attempt to lure his followers to bet on the Bitcoin Sportsbooks that pay him to advertise and promote them in forums.

I feel that I have a good idea of the size of the staffs of the top 3 books. That information was given privately. I can't guarantee that the information that I have is correct but all three of the top books have been completely honest with me in all other areas so there is a trust that has not been broken to date.

You have been untruthful many times. In your post above you claim that Casinobitcoin pays me. Casinobitcoin does not pay me individually or peepsplace.com. They don't pay flat fees and they aren't affiliates. Ratings aren't bought.

Advertising dollars are spent to convert cash players to bitcoin players. We are also open to interviews. Our articles are published and hit the top of google news. I send the links to the advertisers so that they know where their advertising dollars are going.

.

DirectBet

legendary

Activity: 1288

Merit: 1010

Quote from: DirectBet on July 08, 2014, 08:48:14 AM

Quote from: Rating Place on July 08, 2014, 08:18:57 AM

Anonibet and Casinobitcoin have good sized staffs.

You ignored my question. I will ask it again :

How do you know how many employees Anonibet and Casinobitcoin have ? Have you met them in person to verify that ?

People here are following your advices and ratings and so you should be responsible and back up your claims.

If Anonibet needs extra man power to process manual withdrawals, manage risk and set up lines (as you claimed in an earlier post), while we have invested in a state of the art proprietary software that does that automatically with 0 employees, do we need to get discredit for that ?

Since Peeps failed to reply, we have to assume that he does not know how many employees Anonibet and Casinobitcoin have.

That didn't stop him from claiming that "Anonibet and Casinobitcoin have good sized staffs.".

This is yet another false and misleading information from Peeps in an attempt to lure his followers to bet on the Bitcoin Sportsbooks that pay him to advertise and promote them in forums.

Rating Place

legendary

Activity: 3878

Merit: 1061

Quote from: darkx3 on July 08, 2014, 02:35:48 PM

I've been using Casinobitco.in and Betcoin and can recommend both books. I tend to use Casinobitco.in more for sports since they have better odds, but I have placed quite a few bets at Betcoin and while I've had some minor issues with them their support is very responsive here in the forum and through email.

Both books offer contests but I believe only Betcoin offers a signup bonus, but that signup bonus has to be wagered in their casino (slots) and there is a rollover req. Betcoin also has a lot of promotions for their poker room and you can seamlessly use your chips for either the sportsbook, casino, or poker room. if you have no interest in poker or the casino I would go with Casinobitco.in for the better odds.

Thanks for the input. Good information.

darkx3

sr. member

Activity: 402

Merit: 250

I've been using Casinobitco.in and Betcoin and can recommend both books. I tend to use Casinobitco.in more for sports since they have better odds, but I have placed quite a few bets at Betcoin and while I've had some minor issues with them their support is very responsive here in the forum and through email.

Both books offer contests but I believe only Betcoin offers a signup bonus, but that signup bonus has to be wagered in their casino (slots) and there is a rollover req. Betcoin also has a lot of promotions for their poker room and you can seamlessly use your chips for either the sportsbook, casino, or poker room. if you have no interest in poker or the casino I would go with Casinobitco.in for the better odds.

BetMoose

sr. member

Activity: 372

Merit: 250

Real Bets. Real People. By Anyone, on anything

Quote from: moneyt on July 08, 2014, 12:39:02 PM

Looking for a sports book preferably one with a sign up bonus, account creation/btx holding, and maybe loyalty rewards/contest going on...any suggestions???

Well BetMoose just added easy category sorting on our https://www.betmoose.com/bets page so you can find sports bets outside of the rest of our event betting. We also have strong account creation and bitcoin holding (with email notifications, 2FA, withdrawal-address locking, privacy settings etc), and we have a 20% referral program going on so you can refer your friends and get 20% of their lifetime revenue. No sign up bonus YET sorry; but we're also not a house (it's a P2P platform).

Rating Place

legendary

Activity: 3878

Merit: 1061

Betcoin just made a nice improvement. When changes occur in a line it will blink red or green and refresh automatically every 5 seconds. In the live section there is constant line movement.

Rating Place

legendary

Activity: 3878

Merit: 1061

Posters, any input for moneyt's question? Books, now's a time to make a pitch.

moneyt

newbie

Activity: 8

Merit: 0

Looking for a sports book preferably one with a sign up bonus, account creation/btx holding, and maybe loyalty rewards/contest going on...any suggestions???

ctlaltdefeat

sr. member

Activity: 464

Merit: 250

It doesn't seem like enough people find it weird that a guy who runs a sportsbook rating thread on a bitcoin forum:
1. Does not seem to understand that odds move over time (see discussion with directbet)
2. Does not seem to understand that it takes time for bitcoin transactions to propagate (see discussion with directbet)
3. Is paid by some books ("oh but that's ok, it's for my website not this forum")

casinobitco

legendary

Activity: 1833

Merit: 1030

Just to chime in here, briefly..

Being publicly traded on Havelock is fantastic for players and investors as we are required to report full transparency and are regularly audited to ensure our books are clean.

In our year of operations we are in fact down in the Sportsbook - but have NEVER missed a payment or handled risk inappropriately. Having a profitable provably fair casino and deep pockets from the capital we've raised has helped us weather the storm per se. And as reported in our monthly report we are now on a 3rd party odds provider which does help us offer more liquid markets and much larger wager sizes, and we seem to have turned a corner (but it's still a bit too early to tell). Honestly, if I were a player and saw a book has lost, but consistently paid out winners, I'd be more than willing to play at that site than a new comer --- but that's just me.

Rating Place

legendary

Activity: 3878

Merit: 1061

Quote from: DirectBet on July 08, 2014, 08:48:14 AM

Quote from: Rating Place on July 08, 2014, 08:18:57 AM

Anonibet and Casinobitcoin have good sized staffs.

You ignored my question. I will ask it again :

How do you know how many employees Anonibet and Casinobitcoin have ? Have you met them in person to verify that ?

People here are following your advices and ratings and so you should be responsible and back up your claims.

If Anonibet needs extra man power to process manual withdrawals, manage risk and set up lines (as you claimed in an earlier post), while we have invested in a state of the art proprietary software that does that automatically with 0 employees, do we need to get discredit for that ?

DirectBet- You are very dishonest and I don't trust you at all. You will post any confidential information that you have on a player if the player disagrees with you. I've never seen another sportsbook post emails or player's wagers without approval of the player. Many of your posts are blatant lies or distortions.

I'd appreciate if we can take further arguments to your thread. This thread is not for one book to bash another book. Let the posters discredit books if they feel the need.

DirectBet

legendary

Activity: 1288

Merit: 1010

Quote from: Rating Place on July 08, 2014, 08:18:57 AM

Anonibet and Casinobitcoin have good sized staffs.

You ignored my question. I will ask it again :

How do you know how many employees Anonibet and Casinobitcoin have ? Have you met them in person to verify that ?

People here are following your advices and ratings and so you should be responsible and back up your claims.

If Anonibet needs extra man power to process manual withdrawals, manage risk and set up lines (as you claimed in an earlier post), while we have invested in a state of the art proprietary software that does that automatically with 0 employees, do we need to get discredit for that ?

Rating Place

legendary

Activity: 3878

Merit: 1061

Quote from: DirectBet on July 08, 2014, 08:31:34 AM

Quote from: Rating Place on July 08, 2014, 07:43:32 AM

Quote from: DirectBet on July 08, 2014, 07:26:43 AM

Quote from: Rating Place on July 07, 2014, 07:20:28 PM

Casinobitcoin raised from C+ to B-.

Casinobitcoin had the top rating for a book in business less than 1 year. Casinobitcoin has now met the criteria for an upgrade. the next 6 months to build the largest and best Bitcoin Gaming network around.

We wouldn't have said anything about this upgrade, but since CasinoBitco.in came to advertise themselves and brag about this upgrade in our own thread, we were left with no choice but to respond.

CasinoBitco.in raises funds on Havelock Investments for their operations and as such are required to publish their earning reports.

https://www.havelockinvestments.com/reports.php

If you sum up their Sportsbook earnings since they started reporting on September 2013, you will see that they lost approx. 70 BTC to date, and that's just from bets, before you factor in operational expenses.

Perhaps Peeps Place can explain why he is upgrading a Sportsbook that lost money from bets since its inception ?

Are you feeling confident depositing Bitcoins to a Sportsbook that is losing money

Read their June report.

Yes I read the reports and yes they earned in June, but you are misleading your followers by publishing incomplete information.

Overall since inception their Sportsbook lost 70 BTC, and that number is much higher once you add up the operational expenses and salaries, especially if they have many employees as you claim.

Please explain why you are upgrading the rating of a Sportsbook that lost money from bets since its inception ?

Are you feeling confident depositing Bitcoins to a Sportsbook that is losing money

Casinobitcoin was able to survive early losses. That's a great sign for a sportsbook as well as any other business. Many businesses aren't able to survive early losses and go under.

DirectBet

legendary

Activity: 1288

Merit: 1010

Quote from: Rating Place on July 08, 2014, 07:43:32 AM

Quote from: DirectBet on July 08, 2014, 07:26:43 AM

Quote from: Rating Place on July 07, 2014, 07:20:28 PM

Casinobitcoin raised from C+ to B-.

Casinobitcoin had the top rating for a book in business less than 1 year. Casinobitcoin has now met the criteria for an upgrade. the next 6 months to build the largest and best Bitcoin Gaming network around.

We wouldn't have said anything about this upgrade, but since CasinoBitco.in came to advertise themselves and brag about this upgrade in our own thread, we were left with no choice but to respond.

CasinoBitco.in raises funds on Havelock Investments for their operations and as such are required to publish their earning reports.

https://www.havelockinvestments.com/reports.php

If you sum up their Sportsbook earnings since they started reporting on September 2013, you will see that they lost approx. 70 BTC to date, and that's just from bets, before you factor in operational expenses.

Perhaps Peeps Place can explain why he is upgrading a Sportsbook that lost money from bets since its inception ?

Are you feeling confident depositing Bitcoins to a Sportsbook that is losing money

Read their June report.

Yes I read the reports and yes they earned in June, but you are misleading your followers by publishing incomplete information.

Overall since inception their Sportsbook lost 70 BTC, and that number is much higher once you add up the operational expenses and salaries, especially if they have many employees as you claim.

Please explain why you are upgrading the rating of a Sportsbook that lost money from bets since its inception ?

Are you feeling confident depositing Bitcoins to a Sportsbook that is losing money

Rating Place

legendary

Activity: 3878

Merit: 1061

Quote from: DirectBet on July 08, 2014, 08:23:04 AM

Quote from: Rating Place on July 08, 2014, 08:18:57 AM

Anonibet and Casinobitcoin have good sized staffs.

How do you know ? Have you met them in person ??

How many employees do they have ?

How many employees are on your staff? I would guess that you are a two man operation. It's not a bad thing as long as you are paying players but the top books are expanding at a higher rate. They seem to engulf the smaller books over time.

Topic: #1 RATINGS and REVIEWS of SPORTS BOOKS thread. Poster input appreciated. - page 12. (Read 89556 times)