Topic: [Auction] 0.1% Share of bitcoinlivebets.com !! ~ 15btcs netprofit per month! - page 2. (Read 1848 times)

I have a question.
 
For all the extra hassle it will cause having multiple stakeholders looking for payouts when you inevitably have a bad month/run, what do you gain by making less BTC's overall in a one off sale of shares than you expect to make in a normal month?
 
Whats the legal status of shareholders RE:your local gambling legislation?  Do they need to be licensed?

What country is the site based in?  Is it likely to be shut down OR is it set up in a territory that offers no protection to punters?  If the latter then poor service regarding refusal to payout or even late payouts will simply drive everyone to better regulated services.
 
In Europe, you should never use an online bookmaker that isnt from Malta or Gibraltar.  As for the rest of the world, its a bit of a free-for-all, bookies can cut customers off at any point or change/refuse payouts.
 
Sure theres a lot of places where punters dont have a choice, you'll pick them up easily enough but you'll also have the option of shutting down the day one of them deposits 1000BTC into your accounts.
 
The reason I ask the above is theres no info on the site that I can see regarding where yours based.  You can't value an unlicensed bookmakers at anything like the value you have even if you were making 5 times the profit.

0.55

0.505

Well, the profit and conversions have a really great increase and for several reasons we have good chances on the bitcoin bet market soon: We have most in play games, most sports in the pre game section. Just our bitcoin bet sites is multilingual, our system offers 9 human translated languages and we offer support in 4 languages and want to increase that, too. We got good feedback for the page. We have a team with knowledge of experienced bookmakers. We plan to release mobile app, HTML5 live betting, even more in play odds and a faster support which is very important. The titled netprofit is the current profit which we want to rise, of course.

Per the website you pointed us to you are selling 0.1% for 3 BTCs. Thus your valuation is 3000 BTC or ~3,000,000 USD.

Seems a bit steep with lots of similar sites and only 14 BTC profit per month.

Am I missing something?

BTC0.5

sent you a pm few hours ago asking for some more trackrecord but no reply as of yet.

If there are any questions...feel free to ask us.

Bidding ends Friday January 10,2014 at 10PM EST.   

We sell here a 0.1% share of bitcoinlivebets.com.

more information you find here:


http://www.bitcoinlivebets.com/invest

Bidding starts at 0.5BTC

Bid in increments of 0.05BTC

Bidding ends Friday January 7,2013 at 10PM EST.