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Topic: BitcoinSports.eu - Bitcoin Sportsbook - Parlays & Teasers - No Registration! - page 22. (Read 117184 times)

newbie
Activity: 14
Merit: 0
Bit,

It's good to hear from you.  As a show of good faith just to demonstrate that this isn't a liquidity issue, could you make it a point to stop what you're doing for just a moment and just pay out one of the larger outstanding bets that has been brought up in this thread?  I don't care if my investment takes a little longer, but I would really like to see the player base get paid and restore some faith in you guys.
sr. member
Activity: 350
Merit: 250
Hi everyone,

We are currently working through investment payouts, but it is taking about 1 day for each as we manually go through all bets for each investment. All pending bets and support requests will still be sent. We will honor all bets.

Thank you for your patience.
sr. member
Activity: 437
Merit: 250
perhaps bitcoinsports should stop taking bets until the payouts get paid.

Some people here are CLUELESS, they are reading the comments and continue to bet.. Why are you guys doing this? Just stop.. Report this post to moderators.
newbie
Activity: 10
Merit: 0
Hello...this one graded as won but not been paid out since last night....Thanks in advance.

www.bitcoinsports.eu/bet/095d8
member
Activity: 98
Merit: 10
perhaps bitcoinsports should stop taking bets until the payouts get paid.
newbie
Activity: 18
Merit: 0
Parlay win with no payout:
Saturday games - day 4 without a payout
http://www.bitcoinsports.eu/bet/c7dc1
sr. member
Activity: 437
Merit: 250
hero member
Activity: 886
Merit: 500
sr. member
Activity: 336
Merit: 250
This bet was marked as a win in a timely fashion but has yet to send the payout:
http://www.bitcoinsports.eu/bet/24e0e

Still waiting for this bet. This is the longest I've ever had to wait for a payout.
member
Activity: 98
Merit: 10
what bit should do is suspend all betting activities until the bets have been paid and find a better way to settle bets to make this a smoother process..

It is not good for this thread to be filled with links to their bets.
newbie
Activity: 47
Merit: 0
My correspondent notes no payment so far.

The 40btc guy notes no payment so far; he added that this point, Bitcoinsports.eu, he would be satisfied if you simply returned his investment and he would be willing to call things even with that.
member
Activity: 82
Merit: 10
Guys,

Does someone knows why all the bets are haven't been paid yet ? Is there any kinda problem with the site or something ? I am still waiting for my bet to get paid but no updates from bit365 ..

BTC365 had a problem with investments. They were paying out too much. As a result, "cash" crunch. (Is it okay to refer to bitcoin as "cash"? ... I think so).

Also, he has a bug with the automatic payouts. A few pages back he said that payouts are now manual.

As such, his first unpaid bet in this forum is:  http://www.bitcoinsports.eu/bet/63398

It is page 52 in this thread. Which is about a week ago. So ... be patient. He seems truly legit. Just totally swamped.
legendary
Activity: 930
Merit: 1010
Guys,

Does someone knows why all the bets are haven't been paid yet ? Is there any kinda problem with the site or something ? I am still waiting for my bet to get paid but no updates from bit365 ..

No, very little in way of communication.
newbie
Activity: 28
Merit: 0
Guys,

Does someone knows why all the bets are haven't been paid yet ? Is there any kinda problem with the site or something ? I am still waiting for my bet to get paid but no updates from bit365 ..
newbie
Activity: 210
Merit: 0
I don't know the guy (bit365). So don't think I'm being biased or partial.

If I read him correctly, payouts for investments were higher than they should have been. THAT issue has been fixed. But there are issues that resulted: Having paid more to investors, liquidity seems a real issue. People who invested 10 btc are not being paid, while people who invested 0.01 btc are getting paid. There is an issue with the "cash flow."

So to recap so far:

1) There was an issue that is fixed.
2) That issue seems to have stressed the business's margin (arguably a low-margin business to begin with).

I believe that BTC365 is legit. I have placed 148 or so bets and have been paid out on every single one (that I won).

So I propose that people invest in his business. Again, I do not know this guy. I have one more game this season, after which I will invest my bitcoins myself. Until the 2014 season kicks off.

It's either that or we be very patient with the payouts. But it does not seem to me that we should be swinging at a guy between a rock and a hard place.
JJ

I agree and second this...I have placed bets as high as 7-9 btc and have been payed out by bit no problems.  I think he is legit but this is definitely a problem that has hurt his business which really sucks and I am still waiting on a large WIN payout that hasn't been payed now for 9 days.  It's really a shame to see this happen to such a great book.  I've been playing on several other books lately and I don't like them as much as I like this book but as you say it's all about investor "confidence".  If you don't have that then you cant run the business successfully.  If they could get their issues resolved with the investments I actually liked the investment option (that most other books DONT have).  C'mon bit lets get this place back to where it once was!

Covertops 
member
Activity: 82
Merit: 10

Interesting solution to the problem. Heck, at this point, if they're really suffering liquidity problems to that extent, I'd be willing to let him turn my investment + payout of 10.5btc to an "investment" in bitcoinsports.eu, with a definitive payment date down the road, along with a portion of any winnings the site has gotten from now until then.



That's really what he SHOULD have done. He bit off more than he could chew with the open-ended investments.

And, yeah... communication has never been his strong point. For a long time you couldn't even email him. This forum was the ONLY way jr. members could contact him.
sr. member
Activity: 336
Merit: 250
This bet was marked as a win in a timely fashion but has yet to send the payout:
http://www.bitcoinsports.eu/bet/24e0e
newbie
Activity: 23
Merit: 0
http://www.bitcoinsports.eu/inv/67440

I'm still owed 26BTC from my investment. No one should be giving these guys any action until this is resolved. I can't believe that they still have the invest option turned on at this point.
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