Topic: BitBet.us is live and accepting bets again (Read 1981 times)

Bitbet.us is down again, and this time it looks like it is down for good.
I thought this site was very interesting so I have hired a developer to create a similar one hosted by Bitcoin.com
I would love some feedback from the community on what features you would like it to have.
The developer has started a thread about it here: https://forum.bitcoin.com/topic32927.html
Please post your feature requests there, and we will build it.

I remember people talking about this. The best policy is not to honor the bet and refund it. Considering it a donation is wrong, as clearly it was intended to be a bet. If you start allowing the bets you'll open up yourself to being scammed.

Well, the site only takes a commission, so they're not opening themselves up to being scammed. The more bets the better as far as they're concerned. It's the other players who are vulnerable to getting scammed if you accept bets once the result is clear.

If you start allowing the bets you'll open up yourself to being scammed.

The "old" rule is in fact still in vigor. We are currently considering changing it,
hence this thread.

The rule in question is described here: https://bitbet.us/faq/#1121

In short, it states that bets received (where "receives" means "transaction is included in a block")
after betting closes or after the resolution event occurs will be considered "donations" to BitBet.

It's never too late to give it a try

I understand the tradeoff, and prefer protecting players from skimmers.

I very rarely bet on your site however, so it doesn't matter what I think.

    - on the one hand we want to protect legitimate bettors from skimmers
    - on the other hand, we do not want legitimate bettors who just bet late
       to be unjustly penalized by the rule

By changing this rule you are effectively telling the cheats that they will now be allowed to cheat again as long as they don't make it too obvious. You are also opening yourself up to accusations of favouritism yourself - maybe you refund some bets and not others because of who made them. We can't tell.

Using the old rule is much clearer and fairer for everyone in my opinion.

What was the old rule?

Nice site, are you planning on adding some extra features ?

Using the old rule is much clearer and fairer for everyone in my opinion.

We typically refund such bets unless they are a blatant attempt at taking advantage of the other
bettors

[...]

we did refund a very late bet even though it could in fact have been construed as a skimming attempt.

We would appreciate your perspective on this topic.

Dear BitBet users,

We are currently experiencing a DDOS attack very similar to the one our colleagues at
Betcoin.ag were subjected to a couple of days ago :

WE HAVE YOUR SITE DOWN LETS TALK

Hello Support,

We are a team of highly skilled independent security consultants. One of your competitors hired us to take your site offline for an entire month (which we have the resources to do but don't like the contact and might be able to work together instead) and I must say that we have seen ALOT of miss-configured sites with security issues but it took our DB expert less then 30 minutes to dump your sql database without setting off your IDS system.

We want to disclose some of the flaws we found with you and have already put a significant amount of time in researching, exploiting and then documenting the vulnerabilities we found. Unfortunately, most site owners don't give a shit and would rather wait for more malicious hackers to come along. We are going to stop that from happening.

We are taking your site offline until we here from you. Our initial consultation will cost 1 BTC. That price will go up half a btc for every 12 hours we have to keep your site offline. I want to personally assure you that we have the power to keep your site down for an indefinite amount of time. We are the ones who took down xbox live all week (testing ONE of our new servers). In addition to lletting your site up and giving you a report of what we found and how to fix it we will also let you know the ONLY way to stop a DDos attack the size we are capable of launching. We will also add you to a blacklist so no one else fucks with you.

The BTC can be sent to the following address :
14U5q4AJhKiefui7f2d3ZmSq4FWkLfnDjK

I know that you are going to try to mitigate but in the end that is only going to cost you a lot more money. You make enough from betting and advertising alone that just an hour of downtime wont justify the cost. Our team also understands that you will try to mitigate but nothing will stop the attack except my command. Your hosting provider will not be able to help, the authorities wont be able to help you, your firewall is easily bypassed and any ddos service you try to bring in we can bring down (we have done this for a long time). believe it or not we are not the masked assholes stealing credit card numbers. Most of us have families and can't find legitimate jobs in our fields right now and have families to feed.

You have active bets and every minute you spend trying to mitigate your losing more then our consultation fee. We took down xbox live for a week with one server, believe me no one can stop our attacks. Lets work together!

Regards,

GETDD0sed

Well, one of the best sites, hope new admins are honest too.