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Topic: #1 RATINGS and REVIEWS of SPORTS BOOKS thread. Poster input appreciated. - page 13. (Read 89572 times)

legendary
Activity: 1288
Merit: 1010
Anonibet and Casinobitcoin have good sized staffs.

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

How many employees do they have ?
legendary
Activity: 3920
Merit: 1061
DirectBet- What is the size of your staff? Anonibet and Casinobitcoin have good sized staffs. Anonibet shelled out the most money for World Cup contests followed by Nitrogen. The top 3 books are good books.
legendary
Activity: 3920
Merit: 1061
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 Huh

Read their June report.

Quote
Today CasinoBitco.in reports its operationsal report for June 2014.  Despite being one of the
slower months of the year between March Madness and the start of NFL season, June was an
exciting one for CasinoBitco.in, with excellent progress in many critical areas where we’ve
underperformed in past months. We are proud to report revenues of 52.71 BTC across all the
CasinoBitco.in properties.  
 
The highlight of the month has certainly been the action of the World Cup where we’ve been able
to capitalize on our new third­party odds provider to offer excellent liquid markets with the best
limits & vig for our players while also limiting our downside risk!  
Quote
What started out as a 2 man operation a year ago has now grown into a well run skunkworks
team that includes Support Personnel, Developers, Testers, and Marketing resources. While this
growth has resulted in small, gradual increases in our expenses, we believe that the work these
folks are doing daily will result in a better CasinoBitco.in product and brand.
Quote
June expenses include the following (further breakout is later in this document, as well 
as full P&L located in the appendix) 
­1.09 BTC on advertising 
­6.3 BTC on player comps 
­14.3538 BTC on contractor development including spending on improved security measures 
­1.91 BTC in hosting expenses 
­1 BTC in Havelock expenses 
­5.3364 BTC in other expenses including our 3rd party bookmaker and seo costs.  
For a total: 29.9961 BTC in expenses. 
 
The remaining earnings of 22.7139 will be paid out in a dividend of 76 satoshi per Havelock unit
legendary
Activity: 3920
Merit: 1061

NR
Darkbet
Betmoose
Fairlay
Cointeller
Bitbook
xbet.io
Pocketrocketscasino.eu/sports
Predictious
tdsports


PRC is NR but should be an F just based on there dice site.   https://bitcointalksearch.org/topic/prcdiceeu-largest-dice-invest-site-open-since-2013-chat-play-invest-663326

 Putting a broken game out and not paying their players!
Thank You
legendary
Activity: 1288
Merit: 1010
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 Huh
legendary
Activity: 3920
Merit: 1061
Reminder- This is a players thread although books are free to post. We want information from books but do not want a book to turn this into a book vs. book war. Please make posts pertaining to your own book. The posters can compare and bash books.
legendary
Activity: 3920
Merit: 1061
If someone is playing at the non-rated books please post your experiences. Thanks
legendary
Activity: 3920
Merit: 1061
"A" rated books
Anonibet A (2011)

"B"rated books
NitrogenSports B+ (2012)
Casinobitcoin B- (2013)

"C" rated books
Cloudbet C+ (2013)
SBObitcoin C+ (2013) *
Betcoinsports C (2013)
DirectBet C (2013)
Jetwin C- (2013)
BetOWI C- (2014) *

"D" rated books
Coindraft D+ (2014)
Roadbet D+ (2012)
BetVIP D+ (2014)
Webetcoins D+ (2014)
Gobetgo D+ (2014)
Bitbm D
Bitcoinlivebets D- (2013)

"F" rated books
BetCas F
Bitcoinsport F
Coinbet F
Sportbet.im F
StakeBTC

NR
Darkbet
Betmoose
Fairlay
Cointeller
Bitbook
xbet.io
Pocketrocketscasino.eu/sports
Predictious
tdsports


* 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 slow paying or stiffing players
legendary
Activity: 3920
Merit: 1061
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. Here's some old news on Casinobitcoin that occurred after their C+ rating.

Quote
CASINOBITCO.IN (CBTC) ACQUIRES BIT777, PEERBET
CasinoBitco.in (Havelock Investments ticker symbol: CBTC) today announces the acquisition of popular Bitcoin Gaming properties Bit777.com, Peerbet.org, and Peerdice.org from Ultraplay, Ltd. Terms of the deal have not been disclosed.
CasinoBitco.in (CBTC) was the first Bitcoin-only gaming establishment to offer unique, provably-fair games along with a full Sportsbook. Operating successfully since May 2013, they offer HTML5 Blackjack, Roulette, Baccarat, Video Poker and Hi-Lo in their Casino.
Bit777 is a Bitcoin-only Casino, designed by Ultraplay Ltd, offering over 50+ flash-based games and have taken in over 1 million bets!
Peerbet.org is a popular community-based Bitcoin Gambling site offering chat, raffles, a proprietary “Wheel” game, dice, and more.
Peerdice.org, an offshoot of Peerbet.org, is a unique new community “versus” style dice game with only a 0.3% house edge. Players select their rolls and bet against each other on the site. Since launching February 1st, the site has already supported over 250,000 P2P games.
CasinoBitco. in first announced their goal of growth via an acquisition on Havelock Investments in December 2013. Since then, CasinoBitco.in has been in negotiations with Ultraplay and other Bitcoin Gaming operators looking for a deal favorable to all parties involved. Ultimately, the acquisition of Bit777/Peerbet was a the best fit for CasinoBitco.in not only due to the strong financials Bit777/Peerbet bring to the table, but also the opportunity to bring awareness of CasinoBitco.in to over 15,000 registered users on Bit777/Peerbet.
CasinoBitco.in is extremely excited to add Bit777/Peerbet to their current assets and eagerly looking forward to integrate all sites under the CasinoBitco.in brand
Ultraplay will continue some involvement in operations of the acquired properties for the foreseeable future, and there is no immediate impact to players on Bit777/Peerbet. CasinoBitco.in ultimately intends to merge many of the feature and functionalities between the various sites over the next 6 months to build the largest and best Bitcoin Gaming network around.
member
Activity: 112
Merit: 10
I've made about a dozen bets at DirectBet and always found they worked as they're supposed to.

My problem 3 times has been my wallet - Coinbase - taking much too long to send out the bet to Direct - sometimes about 4 hours.

(I have problems with Coinbase, as do many others, and started a thread about it on one of the subforums here).

I'm working on setting up my own wallet which will hopefully alleviate the problem.


If DirectBet did accept deposits, I would still be betting there.

I've had quite a few bets rejected due to line change, even when my bet got there rapidly.
If DirectBet accepted deposits, it's more likely I could have gotten the bets accepted before the line changed.


On another topic -

Peeps - You have to realize that if you're accepting payments from books for promoting them in other forums, that there will inevitably be issues about this.
I'm sure you have criticized other forums in the past for not being impartial due to their accepting payments for banner ads and/or their getting affiliate payments via links on their sites.

Stating that you are accepting payments at peepsplace.com but it does not influence your ratings at bitcointalk.org is difficult to accept.
I dont know why people like you keep on bringing up the "accepting" payments issue, why is it always referenced by sympathisersod DirectBet and DirectBet itself. Am sure in the same way peeps started his thread , you can start your own ratings thread like RyanK, where you will call the shots. No fee is required to start a thread.
member
Activity: 112
Merit: 10
For example your A and B rated bookies are missing important sports and horse racing books. Are you rating solely on website design and functionality ? If so they both look great but I wouldn't use them because
1. they require registration so the problem I ran from the standard bookies of restricting accounts could happen again so whats the point
2. I bet mostly on horse racing and they don't provide any bets for that

Without the reasoning behind a bookie rating it really looks like you're rating them higher as more money they give you, This tactic seemed to be the cause of issues with Directbet which refused to pay you so you downgraded them, however they should be at least been given a mention that 1. they don't provide registration so they can't restrict you which is a huge plus, and 2. they accept the widest variety of bets from the entire crypto bookies. That would be fair and if you find problems with their site also mention those so that newcomers can make educated decisions, you instead provide 5-10 bookies with A, B and C+ ratings and ask them for 1-2 btcs privately.

You surely dont have an idea of what you are talking about. I have used the A and B books and how on earth does registration limit you. They do not track who owns the email so you can have as many accounts as you desire so on hat one you dont have a point at all. I have placed bets on The US Open, Formula 1 , Tour De France and Pesapallo with Anonibet, and have also declared they deserve to be up there because i dont bet on horses. I used to question teir customer support , but they use Live Chat now, how f^$#n cool is that. In as much as Peeps may or may not take money from bookies, i believe these ratings would still apply from any angle you look at it from. Check RyanK`s ratings https://bitcointalksearch.org/topic/m.7423750 and you will see that even though they use a different grading rule, they echo peeps ratings
legendary
Activity: 1078
Merit: 1000
I've made about a dozen bets at DirectBet and always found they worked as they're supposed to.

My problem 3 times has been my wallet - Coinbase - taking much too long to send out the bet to Direct - sometimes about 4 hours.

(I have problems with Coinbase, as do many others, and started a thread about it on one of the subforums here).

I'm working on setting up my own wallet which will hopefully alleviate the problem.


If DirectBet did accept deposits, I would still be betting there.

I've had quite a few bets rejected due to line change, even when my bet got there rapidly.
If DirectBet accepted deposits, it's more likely I could have gotten the bets accepted before the line changed.


On another topic -

Peeps - You have to realize that if you're accepting payments from books for promoting them in other forums, that there will inevitably be issues about this.
I'm sure you have criticized other forums in the past for not being impartial due to their accepting payments for banner ads and/or their getting affiliate payments via links on their sites.

Stating that you are accepting payments at peepsplace.com but it does not influence your ratings at bitcointalk.org is difficult to accept.
legendary
Activity: 3920
Merit: 1061
It's been reported that Coindrafts is having problems slow paying players. Is anyone currently playing at Coindrafts?

I have played at Coindrafts pretty much from the beginning, I have spent most my time on the DFS side but I have placed many bets as well, one time I had to wait to get my withdrawl but the admin were in contact with me on the chat and I received it hassle free.
thanks
member
Activity: 63
Merit: 10
It's been reported that Coindrafts is having problems slow paying players. Is anyone currently playing at Coindrafts?

I have played at Coindrafts pretty much from the beginning, I have spent most my time on the DFS side but I have placed many bets as well, one time I had to wait to get my withdrawl but the admin were in contact with me on the chat and I received it hassle free.
legendary
Activity: 3920
Merit: 1061
It's been reported that Coindrafts is having problems slow paying players. Is anyone currently playing at Coindrafts?
legendary
Activity: 3920
Merit: 1061
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 slow paying or stiffing players
legendary
Activity: 3920
Merit: 1061
For example your A and B rated bookies are missing important sports and horse racing books. Are you rating solely on website design and functionality ? If so they both look great but I wouldn't use them because
1. they require registration so the problem I ran from the standard bookies of restricting accounts could happen again so whats the point
2. I bet mostly on horse racing and they don't provide any bets for that

Without the reasoning behind a bookie rating it really looks like you're rating them higher as more money they give you, This tactic seemed to be the cause of issues with Directbet which refused to pay you so you downgraded them, however they should be at least been given a mention that 1. they don't provide registration so they can't restrict you which is a huge plus, and 2. they accept the widest variety of bets from the entire crypto bookies. That would be fair and if you find problems with their site also mention those so that newcomers can make educated decisions, you instead provide 5-10 bookies with A, B and C+ ratings and ask them for 1-2 btcs privately.
The poster's feedback is the engine for the ratings. There are always reasons given for upgrades and downgrades. Below is criteria that is used. The posters wanted a change where the ratings were more stringent and books had to earn their rating so a cap was placed on a book rating based upon time in business.

1. A heavy emphasis will be placed on speed of payments. Several books immediately pay out after the game has been graded. Those are the books with the least risk involved. Sweat the game, not the payout is not just a slogan. It should be a way of life for these bitcoin books. Bitcoin books have a much higher standard involved than post-up books because there are no fees involved and no need for a third party processor.

2. Grading time. Most postup books have automated grading; the winners and losers are determined minutes after the game is over. Bitcoin books that do this show that they have invested in their software. Books that rely on an individual to grade all games tend to have a high degree of risk.

3. Books not requiring personal information including an email address will be graded higher. Anonymity is a plus.

4. Date opened if less than 2 years. Bitcoin has just taken off in the past year, so it's unfair for one to compare a top bitcoin book with a post-up book like Pinnacle. But it is still important that a book shows itself to not be a flash in the pan. The longer a period of time a book has been open, the better its track record.

5. Limits. In general, the higher the limits, the deeper the bankroll of the sportsbook. If a bitcoin book takes high limits and pays out quickly, it shows its strength.

6. Sports and options offered. Uniqueness of lines and betting options is a positive.

7. Mobile betting. The ability to bet on the go can be important to some.

8. Live betting. The more, the better. Offering live betting isn't easy; the ones that do offer live betting lines tend to be stronger in general.

9. Customer service. The better the customer service, the more professional the book.

10. Interface. Ease of use is important.

11. Whether or not the book requires a deposit account. Depositing into a bitcoin book is a much bigger risk to the bettor, especially since these books have not built up a strong history that shows their staying ability.
sr. member
Activity: 462
Merit: 250
For example your A and B rated bookies are missing important sports and horse racing books. Are you rating solely on website design and functionality ? If so they both look great but I wouldn't use them because
1. they require registration so the problem I ran from the standard bookies of restricting accounts could happen again so whats the point
2. I bet mostly on horse racing and they don't provide any bets for that

Without the reasoning behind a bookie rating it really looks like you're rating them higher as more money they give you, This tactic seemed to be the cause of issues with Directbet which refused to pay you so you downgraded them, however they should be at least been given a mention that 1. they don't provide registration so they can't restrict you which is a huge plus, and 2. they accept the widest variety of bets from the entire crypto bookies. That would be fair and if you find problems with their site also mention those so that newcomers can make educated decisions, you instead provide 5-10 bookies with A, B and C+ ratings and ask them for 1-2 btcs privately.

DB does not offer "the widest variety of bets"

Ok, then which does, lets compare directly, which crypto bookie offers horse racing around the world, cricket, golf, cycling, poker, snooker, mix martial arts, on top of all the normal sports ?

We have golf, cricket, motorsports, snooker, floorball, darts - even Aussie Rules rugby!

BetVIP.com is also the only licensed Bitcoin sportsbook.
sr. member
Activity: 392
Merit: 250
For example your A and B rated bookies are missing important sports and horse racing books. Are you rating solely on website design and functionality ? If so they both look great but I wouldn't use them because
1. they require registration so the problem I ran from the standard bookies of restricting accounts could happen again so whats the point
2. I bet mostly on horse racing and they don't provide any bets for that

Without the reasoning behind a bookie rating it really looks like you're rating them higher as more money they give you, This tactic seemed to be the cause of issues with Directbet which refused to pay you so you downgraded them, however they should be at least been given a mention that 1. they don't provide registration so they can't restrict you which is a huge plus, and 2. they accept the widest variety of bets from the entire crypto bookies. That would be fair and if you find problems with their site also mention those so that newcomers can make educated decisions, you instead provide 5-10 bookies with A, B and C+ ratings and ask them for 1-2 btcs privately.

DB does not offer "the widest variety of bets"

Ok, then which does, lets compare directly, which crypto bookie offers horse racing around the world, cricket, golf, cycling, poker, snooker, mix martial arts, on top of all the normal sports ?
sr. member
Activity: 593
Merit: 271
For example your A and B rated bookies are missing important sports and horse racing books. Are you rating solely on website design and functionality ? If so they both look great but I wouldn't use them because
1. they require registration so the problem I ran from the standard bookies of restricting accounts could happen again so whats the point
2. I bet mostly on horse racing and they don't provide any bets for that

Without the reasoning behind a bookie rating it really looks like you're rating them higher as more money they give you, This tactic seemed to be the cause of issues with Directbet which refused to pay you so you downgraded them, however they should be at least been given a mention that 1. they don't provide registration so they can't restrict you which is a huge plus, and 2. they accept the widest variety of bets from the entire crypto bookies. That would be fair and if you find problems with their site also mention those so that newcomers can make educated decisions, you instead provide 5-10 bookies with A, B and C+ ratings and ask them for 1-2 btcs privately.

DB does not offer "the widest variety of bets"

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