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Topic: Betbit.co| Dice game | 0.1% house edge | Referral program | Bonuses that shock! (Read 7114 times)

member
Activity: 73
Merit: 10
Dice with 96% win chance! Play www.BETBIT.co
We are selling project. If anyone interested in buying, please send us a pm.

Betbit.co is a provably fair dice game with house edge of 0.1%, hierarchical referral program and awesome bonuses!

We redesign our game and now ready to present it to You!

We have registration bonus - 1000 satoshi
We have faucet that gives 350 satoshis every 5 minutes

-- Updated (23 July 2016) --
- We have bonus for returning players:
1st day - 800 satoshis
2nd day - 1000 satoshis
3rd day - 1200 satoshis
4th day - 1400 satoshis
5th day -  1600 satoshis
6th day  - 1800 satoshis
7th day - 2200 satoshis

- Every time player wager 0.5btc he receives 5000 satoshis
- For every 0.05btc deposit we add 1 referral to player's referral tree


-- Updated (30 July 2016)--
- New provably fair system with server and client seeds
- New awesome awesome banners for affiliate program
- New affiliate program earning rates:
from 1st level referral - 0.03%
from 2nd level referral - 0.02%
from 3rd level referral - 0.01%


--- Visit Betbit.co! ---
newbie
Activity: 7
Merit: 0
Dear users.
Our game for sale
The price is very small.
If you interest, please contact us via emails
([email protected], [email protected])
newbie
Activity: 21
Merit: 0
hi, why i can't withdraw my coin in betbit.co? thx u.
my id referral is https://betbit.co/?r=2149
newbie
Activity: 18
Merit: 0
I have the same problem: I cannot withdraw 0.005 BTC.
I have send an email to support and waiting to hear from them.

Still not possible to withdraw.
Good that I did not deposit much.
full member
Activity: 127
Merit: 100
Nice looking casino Smiley
Add more features!
newbie
Activity: 5
Merit: 0
So i think this one is fake since it allows you to DEPOSIT but not withdrawal. LOL.
newbie
Activity: 18
Merit: 0
I have the same problem: I cannot withdraw 0.005 BTC.
I have send an email to support and waiting to hear from them.
sr. member
Activity: 363
Merit: 250
BTC will change the world
I have about 5EUR worth of btc in my wallet on betbitco and I cant withdraw it!
After I enter the amount and address, and hit submit, the page just refreshes.
I e-mailed support about this yesterday. Lets see...

Have you got any replies or have you received your withdrawal?
Now the owner is trying to sell the site, after they cant prove that they are able to pay any amount of btcs because they claims that there is no maximum winning limit on their game.


I just tried again now that I saw these messages. The payout went through instantly now...

Anyway, I suggest keeping an eye on this site for announcements before depositing funds. I am not implying they are scammers. NO! The site is really well made, I like the design a lot. It's just that I don't think they have a big bankroll right now and that might delay your withdrawal.
legendary
Activity: 3066
Merit: 1312
I have about 5EUR worth of btc in my wallet on betbitco and I cant withdraw it!
After I enter the amount and address, and hit submit, the page just refreshes.
I e-mailed support about this yesterday. Lets see...

Have you got any replies or have you received your withdrawal?
Now the owner is trying to sell the site, after they cant prove that they are able to pay any amount of btcs because they claims that there is no maximum winning limit on their game.
hero member
Activity: 698
Merit: 503
Substantiate your success.
So, this site is for sale? I got the following message on visiting the website...

Quote
WELCOME TO BETBIT

Friends! Betbit.co is for sale. If you are interested in buying great dice site with awesome features please contact us ([email protected]).

thats site?sell ?damn.the owner is kindly person guys
legendary
Activity: 1662
Merit: 1050
So, this site is for sale? I got the following message on visiting the website...

Quote
WELCOME TO BETBIT

Friends! Betbit.co is for sale. If you are interested in buying great dice site with awesome features please contact us ([email protected]).
sr. member
Activity: 363
Merit: 250
BTC will change the world
I have about 5EUR worth of btc in my wallet on betbitco and I cant withdraw it!
After I enter the amount and address, and hit submit, the page just refreshes.
I e-mailed support about this yesterday. Lets see...
legendary
Activity: 2940
Merit: 1330
I dont see any reason why some  big whale come here and try the site

Me neither. It looks very suspicious to me.

First there was the "bug" which caused people to lose far more often than they should. I can't imagine what kind of error could accidentally cause the site to pick losing numbers over and over however the player bets. And the site's explanation made no sense at all.

And now they're saying they have no maximum amount you can win? That's clearly crazy. What if I play and win more than the site owns? I suspect I would not "become a very happy". I suspect the site would refuse to pay my winnings. Every casino on earth has a maximum bet. Nobody is infinitely rich.

Could we get a proper explanation of (1) why exactly people were losing so often, like regularly losing 8 out of 10 99% chance bets? and (2) why you refuse to set a maximum bet or profit amount?

Thanks.
legendary
Activity: 1078
Merit: 1000
different from other site.
what max win limit?
its have unlimited btc?

It seems like you didnt read the post before but they said that they dont have any limited to max win but they only limited to the 25x multiplier and their ToS said that they have limited bankroll but they cant even get it for us because it is confidential. But still I dont see any reason why some  big whale come here and try the site
hero member
Activity: 1022
Merit: 521
Today I went to your site and started to play games at there (only for fun not for earning money, as I am a student and do not have money to loot on gambling sites) everything there was much better. The site is also attractive, including its look and the way we play at there.
newbie
Activity: 1
Merit: 0
 Cool Cool Huh Huh Roll Eyes
Yes there is no difference no difference in betting and the generated number are random. Our core doesn't changes.... I’ll try to explain on example. If you play with 99% win chance, that means that in about 100 games you may lose ~1 time. So because of the bug in the system, this started to work not for 1 player, but all the online players (about 200). So there were players who didn’t lose during 200 bets and players who lost more then they suppose to lose

That explanation doesn't make any sense. Your system should be generating a random number in the range of [0, 10000000) with an equal probability of each outcome. Doing anything different is as far as I'm concerned cheating. (Unless you explicitly and very clearly tell people otherwise)


My guess what happened, based on the freakishly weird streaks I and other players saw, and your explanation of making "1 player lose" -- you configured the system to predict peoples bets and picked a number that would make them lose. Perhaps it was an honest mistake and misunderstanding as you are trying to make people lose "the right amount". I'm guessing two things happened, your system was far too aggressive (it was hard to not notice) and what you also probably what you didn't realize is that it would also make you extremely vulnerable to exploitation yourself (if you were doing that, I could predict that you were going to try make me lose and unexpectedly reverse the bet and increase the wager amount). Because of your "provably predetermine" scheme, you would be forced to honor the bets.

So I guess that would also explain why you reversed it all.

I'm almost inclined to leave negative trust, as I really don't think anyone should be playing on your casino with the way you're running it -- but I'll try assume good intentions.

Here's what I think you should do to remedy it:

   * Switch to a proper provably fair scheme. Go to just-dice.com and steal theirs, it's become an industry standard. It will protect yourself and your players
   * Offer a full refund to all players
   * With your affiliate program, you have a negative house edge. It's not possible to run a legitimate business like that. If this is intentional,
      you should be explicit that you have a budget to run your casino at a loss to attract players. Because I'm very inclined to believe you either
      aren't realizing this, or hoping to make the difference by cheating players

 
member
Activity: 86
Merit: 10
different from other site.
what max win limit?
its have unlimited btc?
legendary
Activity: 2758
Merit: 3282
Sorry, but I can't answer to your question. The information about amount of bitcoins on our hot wallet is confidential.
How much BTC do you have stored in cold wallets? Are you willing to prove your solvency (though it can't really be proved since you don't have a max win).


Anyone have a deposit/withdraw transaction from Betbit.co? I'd like to try to do some blockchain analysis and see if I can find how much they have in their hot wallet.
newbie
Activity: 17
Merit: 0
Hello,

This is a nice game, but it is really possible to win with this game? Is there anyone here who has won and made a withdraw here? The settings looks good, but it's very had to win with the game.. Also, I would suggest that you add more games and also a chat room ( this will include a rain pool where active users in the chat can earn from it) so that other members can interact with each other to make it a little more social. It's just so boring playing alone without interacting with other members on the site as well as when it's hard to win here.
legendary
Activity: 3066
Merit: 1312
Is there a way to limit/turn off roll animation when rolling single bets? I find it unnecessary long an annoying after some time.

I read in your ToS that: "For safety, we store a limited amount of bitcoins in our hot wallet." - how high is this amount exactly?

Nope, you can't turn off the animation.

Sorry, but I can't answer to your question. The information about amount of bitcoins on our hot wallet is confidential.

Would you mind to reply DarkStar post about your bankroll? It is odd that you have no max winning on a single bet, how players will trust you that you will pay any amount of btc? You should learn on how to run a gambling site from the older/trusted sites like PD, betking, justdice etc.
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