Topic: BTCBET.CC – Bitcoin price BETTING every 5 minute - page 3. (Read 3623 times)
There are lots of bots there which make bets at the last moment, my own bet sometimes up and down at once, the same was at btc-e, where guys get this idea from when btc-e closed. Many users here from btc-e betting.
Sounds like a good model for the operators, since there's no way for players to game the system (what do you do, bet against yourself? Still lose out on commissions).
I do want to clarify one item here though: You say that a 0.01 withdrawal will only result in 0.009 after site commission. This is a 10% commission... in addition to 5% of winnings. Sounds slightly exorbitant for me.
A better way would be to just charge a flat commission on winnings, with the entire winning amount sent back to the person who won immediately. You still make profit like this, no?
I do want to clarify one item here though: You say that a 0.01 withdrawal will only result in 0.009 after site commission. This is a 10% commission... in addition to 5% of winnings. Sounds slightly exorbitant for me.
A better way would be to just charge a flat commission on winnings, with the entire winning amount sent back to the person who won immediately. You still make profit like this, no?
We are trying to avoid the situation when someone deposits and immediately withdraws without any commission, in this situation we loose commission for transactions, because we have hot wallets, cold wallets and reserve wallets as any other service.
BUT, we are now about to make non-commission-withdraw codes for users that are active, or something like that.
The issue that I raised was not one of you guys being able to predict the price.
If you are betting on both sides you can go with profit since you get the commission fees either way. And you will win the amounts that other users are betting. Could be impossible to prove but that is what one user sent me with some tangible proof. I am yet to make up my mind about this as it feels a bit unjust towards you guys to make these accusations but it is what it is.
If you are betting on both sides you can go with profit since you get the commission fees either way. And you will win the amounts that other users are betting. Could be impossible to prove but that is what one user sent me with some tangible proof. I am yet to make up my mind about this as it feels a bit unjust towards you guys to make these accusations but it is what it is.
We even thought to open information of the usernames that bets, but we think that it is not so good idea. Most of our customers is satisfied and we improve the service everyday as most of our customers want.
Again, I don't think you are actually responding to what I am saying. So let's just leave it at that and I will conduct my own investigation to find out what is really going on. Hopefully I won't find anything fishy, but right now it does stink aa little bit.
The issue that I raised was not one of you guys being able to predict the price.
If you are betting on both sides you can go with profit since you get the commission fees either way. And you will win the amounts that other users are betting. Could be impossible to prove but that is what one user sent me with some tangible proof. I am yet to make up my mind about this as it feels a bit unjust towards you guys to make these accusations but it is what it is.
If you are betting on both sides you can go with profit since you get the commission fees either way. And you will win the amounts that other users are betting. Could be impossible to prove but that is what one user sent me with some tangible proof. I am yet to make up my mind about this as it feels a bit unjust towards you guys to make these accusations but it is what it is.
We even thought to open information of the usernames that bets, but we think that it is not so good idea. Most of our customers is satisfied and we improve the service everyday as most of our customers want.
That is the reason of my question. btcbet it is not too late for you! If you do it just stop it now. Your site works really good and you will make more money playing fair!
btcbetcc do you also participate in betting sometimes?
that's an excellent question .... 
btcbetcc do you also participate in betting sometimes?
At the first day of opening we made bets from users that have been created for testing to test the service. Last time we tested when we changed the amount of the minimum bet. We receive price from poloniex.com, so we cannot predict it, and if we make bets we wins and looses as anyone else.
We get messages about robots that bets at the last moment, and we are thinking how to avoid it and if we need to do so. We look at the users who play on our site, after API we have a lot of bots, some of them now make bets almost every period, and we cannot prohibit this.
One of the issues is to stop receive bets randomly from 1 to 10 seconds before the end.
Another 'problem' is that we receive messages mostly from the users that loose, those who wins just withdraw coins and don't even chat.
The issue that I raised was not one of you guys being able to predict the price.
If you are betting on both sides you can go with profit since you get the commission fees either way. And you will win the amounts that other users are betting. Could be impossible to prove but that is what one user sent me with some tangible proof. I am yet to make up my mind about this as it feels a bit unjust towards you guys to make these accusations but it is what it is.
Hmm your betting site like a forex sir 
. But your minimum WD its to large for me, please reduce it if you want to attract more people from here.
Overall, I like your site its very easy to play but your minimum bet and WD its very large, I hope you can fix it .
. But your minimum WD its to large for me, please reduce it if you want to attract more people from here. Overall, I like your site its very easy to play but your minimum bet and WD its very large, I hope you can fix it .
Yeah, it is seem like Forex trading, then better he use the name of Forex Gambling for his site name. But i like this site and it is easy to play and judge about the price up and down, this site will be attract to gamblers for play it. I also think to testing it so let see which i win or not. But mostly in these type of games, i have won, that's why i also want to play it.
That is the reason of my question. btcbet it is not too late for you! If you do it just stop it now. Your site works really good and you will make more money playing fair!
btcbetcc do you also participate in betting sometimes?
that's an excellent question .... btcbetcc do you also participate in betting sometimes?
At the first day of opening we made bets from users that have been created for testing to test the service. Last time we tested when we changed the amount of the minimum bet. We receive price from poloniex.com, so we cannot predict it, and if we make bets we wins and looses as anyone else.
We get messages about robots that bets at the last moment, and we are thinking how to avoid it and if we need to do so. We look at the users who play on our site, after API we have a lot of bots, some of them now make bets almost every period, and we cannot prohibit this.
One of the issues is to stop receive bets randomly from 1 to 10 seconds before the end.
Another 'problem' is that we receive messages mostly from the users that loose, those who wins just withdraw coins and don't even chat.
That is the reason of my question. btcbet it is not too late for you! If you do it just stop it now. Your site works really good and you will make more money playing fair!
No one knows the probable outcome. And that should be to the admin's bet too. But we would need a confirmation from the team.
That is the reason of my question. btcbet it is not too late for you! If you do it just stop it now. Your site works really good and you will make more money playing fair!
btcbetcc do you also participate in betting sometimes?
that's an excellent question ....
I have had a user send their worry to me with some information regarding this. It would appear that you, the operators of this site, are betting yourself, on both sides, meaning you make money either way and you are fooling the users. I will look at this further and give my verdict during the next few days. Hopefully this user is wrong and it is just a coincidence.
btcbetcc do you also participate in betting sometimes?
that's an excellent question ....
i seen that you open a signature campaign for your business and its good to promote your business inside this forum the success of your business
will be depend on how you handle those players who's looking for another alternative site to gamble. good luck to all the players that will play with
the current value of btc.
will be depend on how you handle those players who's looking for another alternative site to gamble. good luck to all the players that will play with
the current value of btc.
Sounds like a good model for the operators, since there's no way for players to game the system (what do you do, bet against yourself? Still lose out on commissions).
I do want to clarify one item here though: You say that a 0.01 withdrawal will only result in 0.009 after site commission. This is a 10% commission... in addition to 5% of winnings. Sounds slightly exorbitant for me.
A better way would be to just charge a flat commission on winnings, with the entire winning amount sent back to the person who won immediately. You still make profit like this, no?
I do want to clarify one item here though: You say that a 0.01 withdrawal will only result in 0.009 after site commission. This is a 10% commission... in addition to 5% of winnings. Sounds slightly exorbitant for me.
A better way would be to just charge a flat commission on winnings, with the entire winning amount sent back to the person who won immediately. You still make profit like this, no?
btcbetcc do you also participate in betting sometimes?
Careful with this one ,,,cause profits very low I lost 0.005 then I bet 0.005 and then just been paid 0.00538...this is just for fun...earnings very low due to the risk... just bet yhe minimu...0.001 and after I bet 0.013 and I got 0.00135625...low profits and high risk --payout very low thats why They ll survive till the moment...I wthdraw 0.o1and in my coimbase walet says 0.090 but it stills pending ...really do the maths
Don't forget, if you looses – someone wins!
that's a vague concept, I play BO and forex and it is the same, but here in small scale. Hedging can be a good strat. If you lose will be small if you win will be higher.
Careful with this one ,,,cause profits very low I lost 0.005 then I bet 0.005 and then just been paid 0.00538...this is just for fun...earnings very low due to the risk... just bet yhe minimu...0.001 and after I bet 0.013 and I got 0.00135625...low profits and high risk --payout very low thats why They ll survive till the moment...I wthdraw 0.o1and in my coimbase walet says 0.090 but it stills pending ...really do the maths
I believe that you win what other people are betting. So if 10 people bet 0.01 on the price to go down and one guy bets 0.01 on the price to go up the 10 people betting on down will have to split the 0.01, but if it goes up the one guy will win the 0.1 total, I think. I like that kind of betting, to be honest as it opens up some opportunities.
it seems it works like that but as most of the people bets 0.001, the most 0.002 but not many people are betting the most in one bet i got like 15, but rare and most bets in the last few seconds so you never know, at least you can have an idea so betting more than 0.002 is high risk for a good payout. Probably if more users come aboard turns to be more profitable. At the moment just for fun.
ps: I got my btc back and I will still be playing for the lower amount
Careful with this one ,,,cause profits very low I lost 0.005 then I bet 0.005 and then just been paid 0.00538...this is just for fun...earnings very low due to the risk... just bet yhe minimu...0.001 and after I bet 0.013 and I got 0.00135625...low profits and high risk --payout very low thats why They ll survive till the moment...I wthdraw 0.o1and in my coimbase walet says 0.090 but it stills pending ...really do the maths
I believe that you win what other people are betting. So if 10 people bet 0.01 on the price to go down and one guy bets 0.01 on the price to go up the 10 people betting on down will have to split the 0.01, but if it goes up the one guy will win the 0.1 total, I think. I like that kind of betting to be honest as it opens up some oppurtunities.
Careful with this one ,,,cause profits very low I lost 0.005 then I bet 0.005 and then just been paid 0.00538...this is just for fun...earnings very low due to the risk... just bet yhe minimu...0.001 and after I bet 0.013 and I got 0.00135625...low profits and high risk --payout very low thats why They ll survive till the moment...I wthdraw 0.o1and in my coimbase walet says 0.090 but it stills pending ...really do the maths
I just stumbled upon this thread and got surprised by the type of betting site that you got here. Just opened your website and everything's working fine on my end. If I'm not mistaken, it's like Binary options, right? I would definitely try this one but I'll have to read the manuals/rules first.
What is the minimum deposit for your site? I'll register later and will try to bet some.
What is the minimum deposit for your site? I'll register later and will try to bet some.
So I tried your website now, deposited 0.01 BTC and placed a bet for it.. So far so good, the issues I'm having (I know you recently linked a "manual"), it's kind of hard to understand what it is I'm doing. I think you should put some more emphasis on players current bets, like for me I'd like to see some sort of "pin" or mark on the chart where I placed my bet and perhaps some more information about my exact bet other than the small box to the left that really tells me nothing other than it looks like I lost (before it was done).
I think you are on to something and in time you'll make it better, I didn't really get hooked on this right now but as I said previously, in time perhaps. You should also consider adding a "nightmode" where you make everything darker, the bright white kind of hurts my eyes.
I think you are on to something and in time you'll make it better, I didn't really get hooked on this right now but as I said previously, in time perhaps. You should also consider adding a "nightmode" where you make everything darker, the bright white kind of hurts my eyes.
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