Topic: Blockbet.net has not paid 172.1 BTC from Saturday's bets (Read 3259 times)

You're right.

Shit this guy must be so cool and rich must have bitches just swimming all over him!

U run good

It was probably the only day that I hadn't bet with him since he started.

He's a nice guy though I think you should give him a pass.

Were you paid on any wagers from last Saturday?

I'm surprised that Blockbet was losing. I also donated a lot to him.

Blockbet.net didn't return anything on graded bets.  I placed 15 bets on Saturday totaling 150 BTC.  Net winnings were 22.1 BTC on those wagers, 172.1 BTC owed.

HE PAID ZERO, 0, NOTHING, NADA!

The 20BTC sent on Sunday was from 2 NBA futures bets which he cancelled before completion.

I was down over 100BTC betting with Blockbet.net before his theft and now over 250BTC after his theft.

This would obviously be a much smaller issue if he had simply (yet unethically) cancelled ALL wagers and returned the 150BTC that I put at risk on Saturday.

What a load of rubbish. When you open a sportsbook, or anything that offers a payout, then you should be ready to cover what you offer. They are still technically x bitcoins less well off than they woulda been if they had been paid out appropriately.

The fact that they refunded the bet shows decency on behalf of blockbet.net, however it still doesn't change the fact people have been cheated out of their money. Who the hell would have bet knowing that the bEST case scenario was getting their investment back, with the worst being they lose it all?

Sigh..

I appreciate the ignored user's idiotic trolling for keeping this thread atop the forum.

So rude.

Wait, what?!

He didn't even have the decency to hire that Luke-jr sockpuppet like the betsofbitco.in scamsite. What world we live in. 

Absolutely false.  That kid is a stone moron.

where did you hear that Pinny backs anonibet? I don't think this is true, it's a different post up book.

uo can tryu anonibet they're financially backed by pinnacle so they're gonna pay out. they are a bit slow but certainly faster than normal nonbtc methods.

well the only thing left is open up an account with bet365 or betfair or any of those that will not go under on big rollers wining streaks i bet in bitcoin sites becuase i have no chioce live in the us it is fuking hard to cash out

blockbet isn't a scammer, he was just a bit over his and got done in by good bettors and ran out of funds. The only thing he could do was return the bets else he'd of gone under completely and probably go bankrupt and lose his home or something. Its not like you actually lost money, yet you file a scam report. If he was scammer he wouldn't have even done that.

Instead of being mad about, feel good about you actually beating a book out with uyour leet betting skillz

Well after BetsofBitcoin stiffed everyone on the BFL bets, I'm not sure it's safe to trust any at the moment...

And coming from a guy with documented, posted panty-twistage over .1 BTC bets in pre-boom February.  Sad to say he fits right in to this forum.

Of course this could happen at a post-up book.  They can and have done anything they wish, with the added leverage of holding more than your stake.  Not sure why you two are so desperately attempting to defend this preposterous position.

For a given bookmaker, you're seriously arguing that you would rather he hold your money than you hold your own money?  Lulz, the full-blown Stockholm Syndrome present among sports betting ploppies never ceases to amaze.

lol, sure, pocket change

gl OP, I'm constantly worried the same thing could happen at one of the BTC sportsbooks I have funds on.  Hopefully Pinnacle or someone else reputable opens up a BTC operation

Did you read what he wrote?  He said that he has heard of people sending coins and then finding out later that they did not get the same line they thought they were betting.  This cannot happen with a post up shop.

I am not disagreeing with your overall argument.

I agree that this theft is another black eye on the bitcoin gambling industry.  I really hope he is just short of BTC right now, but is a man about it and comes back to pay his debt. 

It's not clear to me why he would stiff the one largest bettor.  Why not stiff all bettors?  He sent me 64 BTC on Sunday, and clearly (from this thread) he did not have to do that.  The fact he has gone AWOL looks very bad though.  I hope he's not a true piece of garbage and that he contacts you with some kind of payment plan.

I posted in your scam accusation thread asking that he be given a scammer tag, just in case he tries to come back here without paying.

Your argument is patently false and only gains any traction by ignoring the supposition "all else being equal."

Does the player gain security by adding the intermediate step of having his money held in a 3rd party account as opposed to wagering directly from his wallet?  OBVIOUSLY NOT, SOLVE BY INSPECTION!  Once again, surely you can't be so daft as to suggest otherwise.

You can say that a post-up book may effectively approximate the ad hoc approach by shifting onus to the player to request payouts after completion of each wager.  This only increases his relative risk by creating a barrier of inconvenience and tacitly grants that the post-up model is inherently less secure.

This is not an attack on your book.  (I have plenty of other things to criticize for that purpose.  )  It is an argument from basic reason on a topic which is ultimately unimportant.

I won't derail your thread - but yes, all else being equal posting up is just as safe, if not a safer model.

I've heard complaints about line changes with the guys running the 'send coins to bet xxxx' model. Send coins at one line, have it booked at another (typically worse) line.

The reason the post up model is just as safe, with a trusted bitcoin book that has automated deposits and withdrawals - is that many players post up, bet, and withdraw directly after a game. Rinse, repeat several times a day. Risk is exactly the same as the no-account model.

We're not talking about the dinosaur model of having to leave funds offshore because it's such a pain to fund.

Anyway, best of luck and please keep us updated on the situation!

 

Thanks for the sentiment.  I've been stiffed for much more several times.  It was a likely outcome with this operator, I understood that risk.

Ceteris paribus, the Blockbet.net model is obviously safer for players than posting funds.  Surely you are not asserting otherwise.

Definitely a black eye for the entire community, really hope you get paid.

There is a reason most people stick to the few established books, most of these places barely have 2 months experience let alone 2 years+

People thinking that making wagers by sending btc per bet is somehow safer than having accounts is clearly a joke. You must trust the operator period, end of story.

I PM'd him, emailed him, and sent messages via his site.  He did not respond.  You can see from his forum account that he hasn't logged on here since locking the Blockbet.net thread.  I gave him a few days to respond or settle before reporting.

I posted to the scam forum.

From my amateur sleuthing of blockexplorer, I noticed he did pay some smaller bets on Saturday.  It's pretty common in the sportsbook world to stiff only the largest players for obvious reasons.

As I said above, I'm DOWN over 100BTC betting with him.  Based on what I see of his action from the address histories, I was overwhelmingly his largest gambler.  This is absolutely not a case of him just going broke from getting beat and running away.  He flat out stole the coins.

Probably to start his exciting new Bitcoin opportunities!  Yay anonymity!

This theft accusation was reported on an online gambling site: http://news.rouletters.com/sports-betting-blockbet-net-closing-shop-0001264.html

I hope blockbet makes good. Bitcoin has had enough bad press due to all the scammers that it has seen. We don't need any more.

What were the max bets at BlockBet if any?

I can't see how anyone would bet more than 10BTC at a time without some serious reputation at a shop.

You trying to get on everyone's ignore list?


Henry,

I assume you PMed blockbet?  No answer?  Why did you wait a few days to come forward?  Have you opened a scam accusation thread?

I made some wagers on that last day.  The winners were paid.  I also received refunds on my NBA Series bets for the series that started on Sunday.  Maybe he paid what he could and ran out of BTC???  It seems strange that he would pay some customers and not others.

Anyone else who got stiffed needs to come forward now.  Blockbet mentioned that he was planning on pursuing other BTC related business ventures.  He needs to address this reported theft.

Fuck. Best of luck getting it sorted!

crying over a measly 170 bitcoins my sides

Yes, we have established that he stiffed 8 winning graded bets for 172.1 BTC and weaseled out of 2 booked pending bets for 20 BTC.

Go back to begging, pathetic little troll.

Thank you for mentioning it this time around

I'm curious why you find this relevant and what color the sky is in your world?

thank you kindly for mentioning it.

Spare me your attitude.  He paid 0 BTC of 172.1 BTC owed on 8 winning wagers from Saturday.

Early Sunday, he did return 20 BTC in pending NBA first round series wagers.  This is unethical in itself, though obviously better than outright theft.

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are you conveniently forgetting to mention he refunded your bet??? or did he not do that?

Hope you get your coins back, best of luck to you.

    Domain WHOIS Look-up

    Whois lookup for Blockbet.net.
    [Querying whois.internic.net]
    [Redirected to whois.webnic.cc]
    [Querying whois.webnic.cc]
    [whois.internic.net]

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    Domain Name: BLOCKBET.NET
    Registrar: WEB COMMERCE COMMUNICATIONS LIMITED DBA WEBNIC.CC
    Whois Server: whois.webnic.cc
    Referral URL: http://www.webnic.cc
    Name Server: NS1.OFFSHOREDNS.CO
    Name Server: NS2.OFFSHOREDNS.CO
    Name Server: NS3.OFFSHOREDNS.CO
    Name Server: NS4.OFFSHOREDNS.CO
    Status: clientDeleteProhibited
    Status: clientTransferProhibited
    Status: clientUpdateProhibited
    Updated Date: 29-dec-2012
    Creation Date: 29-dec-2012
    Expiration Date: 29-dec-2013

    >>> Last update of whois database: Thu, 25 Apr 2013 01:13:52 UTC <<<

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    Domain: Blockbet.net
    Status: Protected

    DNS:
    ns1.offshoredns.co
    ns2.offshoredns.co
    ns3.offshoredns.co
    ns4.offshoredns.co

    Created: 2012-12-29 21:32:11
    Expires: 2013-12-29 13:32:10
    Last Modified: 2012-12-29 21:32:08

    Registrant Contact:
    CINIPAC IBC
    Team CINIPAC WHOIS PROTECTION Team CINIPAC WHOIS PROTECTION ([email protected])
    Unit No C-6-25 Centrio, Pantai Hillpark, No 1 Jalan Pantai Murni Pantai Hillpark
    Kuala Lumpur, Kuala Lumpur, my 59200
    P: +1.2024701095 F: +0.0

    Administrative Contact:
    CINIPAC IBC
    Team CINIPAC WHOIS PROTECTION Team CINIPAC WHOIS PROTECTION ([email protected])
    Unit No C-6-25 Centrio, Pantai Hillpark, No 1 Jalan Pantai Murni Pantai Hillpark
    Kuala Lumpur, Kuala Lumpur, my 59200
    P: +1.2024701095 F: +0.0

    Technical Contact:
    CINIPAC IBC
    Team CINIPAC WHOIS PROTECTION Team CINIPAC WHOIS PROTECTION ([email protected])
    Unit No C-6-25 Centrio, Pantai Hillpark, No 1 Jalan Pantai Murni Pantai Hillpark
    Kuala Lumpur, Kuala Lumpur, my 59200
    P: +1.2024701095 F: +0.0

    Billing Contact:
    CINIPAC IBC
    Team CINIPAC WHOIS PROTECTION Team CINIPAC WHOIS PROTECTION ([email protected])
    Unit No C-6-25 Centrio, Pantai Hillpark, No 1 Jalan Pantai Murni Pantai Hillpark
    Kuala Lumpur, Kuala Lumpur, my 59200
    P: +1.2024701095 F: +0.0

I had 15 bets total on the day.

I'm down around 100BTC overall since starting betting with Blockbet.net in March after hearing a few months of positive reports.  This theft is just unconscionable.

Wow- How many bets did you make that day?

Does anyone have contact info for the owner of Blockbet.net?  I am owed 172.1 BTC for 8 winning wagers placed last Saturday.  The site went offline early Sunday morning.