Nothing wrong with saying the bet was badly worded and couldn't be resolved.
So long as both sides get paid out as though they won. Then it would be a great gesture from the site - to pay both sides (not refund, pay out in full) when BFL clearly didn't deliver. If the site thinks THEY screwed up by offering a flawed bet then, rather obviously, the site should be the one to absorb any financial loss resulting from it.
Obviously what they've actually done is either a scam or gross incompetence. The reasons why have already been clearly detailed - which (scam or incompetence) is anyone's guess. I'd tend towards shipping a scammer tag then let them prove they really ARE That stupid to get it removed.
Topic: coinjedi / betsofbitco.in SCAMMERS: Declares "Push" on obvious win for BFL bet - page 14. (Read 27982 times)
April 04, 2013, 04:05:30 AM
April 04, 2013, 03:21:59 AM
I think the line between being a scammer and willfully being a clueless moron has been crossed often enough in bitcoinland.
We are talking of more than 70 000$ wagered... with little to no thoughtful process given on the outcome.
Scammer tag please.
And +1 to Genjix , Phantomcircuit and Zhougon while at it.
We are talking of more than 70 000$ wagered... with little to no thoughtful process given on the outcome.
Scammer tag please.
And +1 to Genjix , Phantomcircuit and Zhougon while at it.
April 04, 2013, 02:29:34 AM
BoB, the fake betting site, basically did exactly what MNW did, for which he got a scammer tag.
If one side of the bet had come in, in favor of BFL, then they'd have paid out.
When the other side came in, clearly and unambiguously, they said ha ha, just kidding. That's a scam.
I'm not going to give Matthew N. Wright a scammer tag. By betting in his game, you agree that he will decide the outcome. If one side of the bet had come in, in favor of BFL, then they'd have paid out.
When the other side came in, clearly and unambiguously, they said ha ha, just kidding. That's a scam.
April 04, 2013, 02:19:45 AM
I'm battin' a 1000 then, for you won't believe how high I rated InstaWallet.
(took no offense to your post, and do respect you (seriously))
(took no offense to your post, and do respect you (seriously))
That's okay, because while I had no clue wtf instawallet even is, I did say a few times that the bitcoin-central thing is pretty much the only trustable exchange. Of course I was going on the legal stuff, but still.
April 04, 2013, 02:04:40 AM
They should really clarify that all times refer to GMT unless otherwise specified.
http://betsofbitco.in/help
In "What is the difference between deadline and event date?"
Quote from: http://betsofbitco.in/help
All dates refer to end of day Eastern Time.
April 04, 2013, 12:15:33 AM
BoB, the fake betting site, basically did exactly what MNW did, for which he got a scammer tag.
If one side of the bet had come in, in favor of BFL, then they'd have paid out.
When the other side came in, clearly and unambiguously, they said ha ha, just kidding. That's a scam.
If one side of the bet had come in, in favor of BFL, then they'd have paid out.
When the other side came in, clearly and unambiguously, they said ha ha, just kidding. That's a scam.
April 03, 2013, 11:10:24 PM
I had no stake in this bet ... but
Some have lost so much to BFL already and used this to hedge their purchase.
Some have lost so much to BFL already and used this to hedge their purchase.
I'm having a very bad day which is rare for me, so forgive my tone, but...
If I understand correctly that MNW was given the tag because people hedged their position against Pirate and lost, then the same exact consideration would apply here if only I person (though possibly more) lost out due to them hedging their position.
On that note, I don't believe BoB deserves a scammer tag for the same exact reason now that MNW deserved one, for both situations are identical.
Feel free to set my thinking straight on this particular aspect, for I'm not really in the right state of mind right now due to IW going down. And what the fuck is going on over at Mt. Gox? Is day just a dream, or are aliens probing me--again?
~Bruno K~
April 03, 2013, 10:53:55 PM
I have the utmost respect for the crew running the mag.
You're like the only one.
I'm battin' a 1000 then, for you won't believe how high I rated InstaWallet.
(took no offense to your post, and do respect you (seriously))
April 03, 2013, 08:15:37 PM
This is pretty much an argument to ignorance. If you gamble, lose, and refund
This is pretty much an argument to what the fuck. You're describing the situation as if the judge and the betters were the same person, who refunded themself when they lost.
April 03, 2013, 08:01:21 PM
I'm not giving him a scammer tag. By using betsofbitco.in, you agreed that betsofbitco.in staff would be the ones to decide events. It's none of my business how he does this.
So if they decide bets based on who pays them the most under the table, would they still not be tagged as a scammer?Scammer tags here truly are useless.
Oh no! The tag doesn't apply to every possible situation that you don't like! It must be useless.
April 03, 2013, 05:49:20 PM
I had no stake in this bet ... but
Some have lost so much to BFL already and used this to hedge their purchase.
The device is arguably NOT A DEVICE, and LukeJR is arguably NOT A CUSTOMER.
Fail, Fail and ...
• The device must achieve at least 75% of its advertised hashrate.
FAIL !
How retarded do you have to be to confuse 75% of advertised hashrate with ~50% ?
Rest In Peace betsofbitco.in we've lost enough time with you.
Some have lost so much to BFL already and used this to hedge their purchase.
The device is arguably NOT A DEVICE, and LukeJR is arguably NOT A CUSTOMER.
Fail, Fail and ...
• The device must achieve at least 75% of its advertised hashrate.
FAIL !
How retarded do you have to be to confuse 75% of advertised hashrate with ~50% ?
Rest In Peace betsofbitco.in we've lost enough time with you.
April 03, 2013, 05:47:29 PM
There really is no ambiguity. The only issue is how many of the points listed in the bet were not met. It is clear to anyone reasonable the TERMS of shipping were not met, the timeframe was not met and the no employee clause was not met.
It is great news that BFL has a working prototype of some form, but this does not meet the clearly stated terms of the bet.
It takes a LONG TIME to build up a reputation for a betting site. I really did like BoB and was a (small time) customer there. I will no longer bet there. This is a clear example that they make up the rules as they go along. Will a game be called a tie because it was close next?
That all being said, no scammer tag vote here. The mods can go after real scammers but they should not be the judge of the quality of a betting site unless the betting site actually steals customer money. And even under that this is a close call for me, because not paying out on a clearly stated bet is pretty close to stealing from the winner.
It is great news that BFL has a working prototype of some form, but this does not meet the clearly stated terms of the bet.
It takes a LONG TIME to build up a reputation for a betting site. I really did like BoB and was a (small time) customer there. I will no longer bet there. This is a clear example that they make up the rules as they go along. Will a game be called a tie because it was close next?
That all being said, no scammer tag vote here. The mods can go after real scammers but they should not be the judge of the quality of a betting site unless the betting site actually steals customer money. And even under that this is a close call for me, because not paying out on a clearly stated bet is pretty close to stealing from the winner.
April 03, 2013, 05:17:04 PM
Agree, the website and the pusher of the site should have a scammer tag.
April 03, 2013, 05:11:46 PM
From what I'm hearing a certain competitor to betsofbitco.in didn't have any problems in determining a clear outcome to the same bet...
betsofbitco.in allowed for +/- 25% on hashrate (which was met)Which product are you referring to? The bet clearly specified 3 products. Were you testing a Jalapeno?
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
Quote
1) BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149
2) BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299
3) BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899
2) BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299
3) BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899
April 03, 2013, 05:09:19 PM
As for Luke - By siding with the losing side on this with his supposedly-clever word-playing, he comes off, at the very least, as a major a bull***t artist. It's the same kind of bull***t artistry I got used to seeing from BFL over the time I've been following them since I ordered (and now - waiting for my refund).
Whether or not he's an actual scammer, and frankly, it looks like he is, it completely blows any remaining credibility this so-called betting service ever had. Nobody who intends their bets to be honored will ever place a bet again with this ripoff operation.
April 03, 2013, 04:17:46 PM
From what I'm hearing a certain competitor to betsofbitco.in didn't have any problems in determining a clear outcome to the same bet...
Not the same bet. betsofbitco.in allowed for +/- 25% on hashrate (which was met), but the competitior's bet only allowed +/- 10% (which was not met).+-25% of what product mentioned In the bet you scamming piece of shit?
Protip: the products were listed in the yahoo article mentioned in the bet.
I guess the math portion of your miner is still everything you stole from cgminer. Fuck off
April 03, 2013, 04:16:47 PM
(btw, Atlas, you still owe me 3 Bitcoins or something)
By now that'd be enough to pay for Banya's Armani suit.
LOL
Hey, you were supposed to buy me lunch! A real lunch, not a soup and sandwich!
April 03, 2013, 04:14:21 PM
(btw, Atlas, you still owe me 3 Bitcoins or something)
By now that'd be enough to pay for Banya's Armani suit.
April 03, 2013, 03:57:02 PM
From what I'm hearing a certain competitor to betsofbitco.in didn't have any problems in determining a clear outcome to the same bet...
Not the same bet. betsofbitco.in allowed for +/- 25% on hashrate (which was met), but the competitior's bet only allowed +/- 10% (which was not met).Winning by technicality.... Where did I hear that last time;)
-+25% of what product may I ask?!
April 03, 2013, 03:46:20 PM
I don't think a Draw is out of line. If you carefully read the terms of the bet,
If you carefully read the terms of the bet,
carefully read the terms
See, this right here? This? This is Atlas type stuff. "Reading the terms carefully" to arrive at some convoluted definition of the bet that the other 95% of the population (aka sane people) can only look at in stark bewilderment and disdain. Do you want to end up like Atlas? A burned out ideas-man with nary an accomplishment to himself but "building an IKEA desk once".
(btw, Atlas, you still owe me 3 Bitcoins or something)
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