Author

Topic: Directbet.eu - what seems to be the reason for the site closure? (Read 2618 times)

newbie
Activity: 2
Merit: 2
The revolutionary trading ecosystem
i missing , when direcbet open againt ? , i want gambling with doge or cheaps crypto .
newbie
Activity: 8
Merit: 0
Does anyone know how to reach the folks at directbet?
I had a long dated wager on the Houston Astros to win the World Series (Major League Baseball).
I heard they were honoring all outstanding bets, but I don't know how to get in touch with them to get this bet settled.
The website is gone, the email addresses bounce, and they have not been active on the forum since August.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
well they said in one pot that directbet.eu was not for sale, so that means they will probably come back.
I know they had some problems in some games, because it happened while I was participating in their tipster championship, so maybe they decided to stop for a while, fix things, create some new features that could interfere with their actual service, and then just come back even better than they already were. Don't know if dealing with BTC price is hard for sportsbookers as well, but since the others are still in business I don't think the price had anything to do with it.
If seen from their main threads, they do not lock or change the title of the thread to be closed or anything. They're just locking the game's thread prediction score, I think also directbet closes its site not because of the rising bitcoin price and that's not a reason that is acceptable to a great site like directbet. Maybe they just need a long enough time to vacation and refresh themselves and I'm sure they'll come back with a big surprise.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
well they said in one pot that directbet.eu was not for sale, so that means they will probably come back.
I know they had some problems in some games, because it happened while I was participating in their tipster championship, so maybe they decided to stop for a while, fix things, create some new features that could interfere with their actual service, and then just come back even better than they already were. Don't know if dealing with BTC price is hard for sportsbookers as well, but since the others are still in business I don't think the price had anything to do with it.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
I'm still trying to find another sports book like Directbet that takes bets on horse racing and also Super Rugby as I'm now back to betting with Bet365. I really hope that they return in the future as this sports book was the best cryptocurrency sports book to use in my opinion.
From their quote they are clear on their​ stand and focus on different services. If they have the plan of coming back to the service they might have not stopped it. They might have started the different services in a parallel manner because this was running in a perfect manner. I believe the closure might have happened because of pressure from government.
hero member
Activity: 1862
Merit: 590
I'm still trying to find another sports book like Directbet that takes bets on horse racing and also Super Rugby as I'm now back to betting with Bet365. I really hope that they return in the future as this sports book was the best cryptocurrency sports book to use in my opinion.
full member
Activity: 207
Merit: 100
They are saying the reason of closure was the growing price of Bitcoin, growing transaction fees, or both.
I actually don't understand why a site that holds a large amount of coins would be worried by them suddenly gaining value, and fees should be regulated in the near future.
They never said anywhere that they are closing the site because of price of bitcoin is growing or the transaction fees are bothering them,it is just a rumor spreading by people like you. Tongue ,what they said is that the admin wants to pursue other dreams and he wants to focus his attention to other ventures and if someone feels like he wants to do something else,so be it,despite that it is hard to see the site close too soon.
hero member
Activity: 1302
Merit: 532
Maybe they decided to cash out their bitcoins & crypto when prices rose higher than $2k btc?
That could explain the massive sell off and price decrease. Especially if many others decided to do something similar at the same time.

 Huh
They seemed to run a legit business, hope they did well for themselves.
It is quite possible that they wanted to take advantage of the current price and want to make a good profit out of the price of bitcoin rather than the profit earned through running the site,not only bitcoin but all of the alt coin had a good rally and the profit they will be havin selling off the coins will be much larger ,just my assumption. Smiley
legendary
Activity: 2562
Merit: 1441
Maybe they decided to cash out their bitcoins & crypto when prices rose higher than $2k btc?

That could explain the massive sell off and price decrease. Especially if many others decided to do something similar at the same time.

 Huh

They seemed to run a legit business, hope they did well for themselves.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
They are saying the reason of closure was the growing price of Bitcoin, growing transaction fees, or both.
I actually don't understand why a site that holds a large amount of coins would be worried by them suddenly gaining value, and fees should be regulated in the near future.
I agree it's a shame as it was a great site, but you always have Nitrogen Wink

Fees are really high to an average. There are lots of daily payment settlements in Directbet everyday that if you will sum up all the transactions fees, it is relatively high. Some regulations will solve the problem about their automatic payouts but too late to think of that since they are already close.

These are also happening in some of the institutions in bitcoin world. As an example, look at those famous web exchanges that offers free transactions fees to their users back then, now also applying some fees because they can't handled the current fees while at the same time, the massive volumes that is increasing everyday.
I don't see it as a real problem.
A casino doesn't have to pay high fees for instant transfers, but can keep them moderate.
Fees are paid by the user, not by the casino.
Users can wait until their balance is high enough before withdrawing, to save money on fees.

Fees don't discourage me from sending transactions, I usually send with average fees and I,m ok with waiting 24h for my transactions to confirm. No rush, it will go through sooner or later lol.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
They are saying the reason of closure was the growing price of Bitcoin, growing transaction fees, or both.
I actually don't understand why a site that holds a large amount of coins would be worried by them suddenly gaining value, and fees should be regulated in the near future.
I agree it's a shame as it was a great site, but you always have Nitrogen Wink

Fees are really high to an average. There are lots of daily payment settlements in Directbet everyday that if you will sum up all the transactions fees, it is relatively high. Some regulations will solve the problem about their automatic payouts but too late to think of that since they are already close.

These are also happening in some of the institutions in bitcoin world. As an example, look at those famous web exchanges that offers free transactions fees to their users back then, now also applying some fees because they can't handled the current fees while at the same time, the massive volumes that is increasing everyday.
hero member
Activity: 2184
Merit: 531
They are saying the reason of closure was the growing price of Bitcoin, growing transaction fees, or both.
I actually don't understand why a site that holds a large amount of coins would be worried by them suddenly gaining value, and fees should be regulated in the near future.
I agree it's a shame as it was a great site, but you always have Nitrogen Wink
full member
Activity: 280
Merit: 101
Why all of a sudden this site is surely one of a Successful in sportsbetting industry. This is huge really but business is business anyway thank you directbet for all this years for the great service i salute you for going this far just to end things smoothly
legendary
Activity: 1190
Merit: 1024
It's mostly because of huge loses. Now everyone says and thinks that gambling is a really profitable business for the owner and indeed it profitable but sports betting doesn't depend much on luck when compared with other sites and nowadays we see so many people predicting and most of those end up winning. At least they didn't scam anyone and made a public announcement before closure

Like I said before its likely not the fees because other sites have started charging players the fees, so that is not the reason.

I have a feeling they are rooting for a healthy retirement. I won't be surprised if they made over 2000-3000 btc over this entire ordeal. After all they have been here a long time.
and their side also says directbet success is great so the possibility of fee/finance is not possible. for retirement there maybe but it's better to keep running it to increase their retirement money if they have a family. Maybe also about gambling law in their country? I can't understand the reason why they decided to close it.

Directbet was one of my favorite site and it was so easy to use. There was no registration required to bet and i mostly bet on cricket matches. No other site offers so lots of betting option in cricket as direct bet offered and i really missing this site. I never face any type of probelm with the site and i heard thier support was also very supportive. Really a big loss in the gambling world.
hero member
Activity: 1666
Merit: 502
It's mostly because of huge loses. Now everyone says and thinks that gambling is a really profitable business for the owner and indeed it profitable but sports betting doesn't depend much on luck when compared with other sites and nowadays we see so many people predicting and most of those end up winning. At least they didn't scam anyone and made a public announcement before closure

Like I said before its likely not the fees because other sites have started charging players the fees, so that is not the reason.

I have a feeling they are rooting for a healthy retirement. I won't be surprised if they made over 2000-3000 btc over this entire ordeal. After all they have been here a long time.
and their side also says directbet success is great so the possibility of fee/finance is not possible. for retirement there maybe but it's better to keep running it to increase their retirement money if they have a family. Maybe also about gambling law in their country? I can't understand the reason why they decided to close it.
newbie
Activity: 44
Merit: 0
They were one of the few crypto sites that offered bets on Test cricket. Hope Cloudbet opens up that market.
hero member
Activity: 644
Merit: 500
I hope next time directbet.eu can open service again
if fix closed never open again, i hope another gambling site can replace postion directbet
regular competition tipster contest, giveaway from prediction score match reward free bet, casiono game and more
sr. member
Activity: 686
Merit: 253
Directbet has left us all and we are going to miss them greatly. I wish they can reorganize and come back at least by allowing us to open an online wallet with the coins we've allocated to gamble so that we will withdraw like the fiat sportsbooks. We appreciate their service and hope they'll come back again one day.
legendary
Activity: 954
Merit: 1000
It's mostly because of huge loses. Now everyone says and thinks that gambling is a really profitable business for the owner and indeed it profitable but sports betting doesn't depend much on luck when compared with other sites and nowadays we see so many people predicting and most of those end up winning. At least they didn't scam anyone and made a public announcement before closure

Like I said before its likely not the fees because other sites have started charging players the fees, so that is not the reason.

I have a feeling they are rooting for a healthy retirement. I won't be surprised if they made over 2000-3000 btc over this entire ordeal. After all they have been here a long time.
hero member
Activity: 2996
Merit: 609
This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.

It is really sad to see the top betting site to be closed like this no one was expecting this so early. May be, this is what it means to say "Retire at the top of your career". There is no other place to bet like we used to now and there is no other site to vote as a top betting site.

They were not just the best website to put your bets, but they have been allowing us to do it with full anonymity and complete privileges are with us whether to give them an email to track all of our bets or not whereas none others in the market are allowing us to put bets on sports games without making an account, and that's the best part of Directbet.eu.

Having no account features on betting is the main reason why directbet are popular, But due to slow bitcoin network. They are forced to input huge amount fee in able to transfer fast. Directbet still didn't announce specific reason why they decided to close. But I guess now that it something personal to them. Someday it will gonna exposed.
Transaction fees might be one of the reason why they decide to close but thinking off that it doesnt affect too much if they are gaining huge profits from its players/bettors.There are no valid reason from directbet regarding on this and they decide to zip their mouths and avoiding on saying the whole truth of such closure.Directbet has features that cant really be seen on other sportsbook which makes them popular among others.
hero member
Activity: 812
Merit: 510
It's mostly because of huge loses. Now everyone says and thinks that gambling is a really profitable business for the owner and indeed it profitable but sports betting doesn't depend much on luck when compared with other sites and nowadays we see so many people predicting and most of those end up winning. At least they didn't scam anyone and made a public announcement before closure
hero member
Activity: 756
Merit: 505

Directbet site owners are the genuine guys who really cared for their reputation that is why i think that they closed the site down due to the loss they are occurring due to high Transaction fees to get confirmed the transaction and as they are having feature of no account and as soon as the game is finished they just clear the bets and send to the winners so for this lot of transaction have to be done and due to this they were facing loss as that fees is borne by the site and they are going in loss.

So without scamming the users they just stopped the service and moved on their life to another way. but still they are keeping the site active in hope that one day this problem will be solved so that they can start back this project.

Yeah I guess, or maybe they have cashed out what they can because of the bitcoin prices and they just want to exit it all and just live in the Bahamas. We'll never know unless they would make an official announcement somewhere. If there is, I hope to read it and know their reason. From their website there was no such explanation.
legendary
Activity: 1190
Merit: 1002

Directbet site owners are the genuine guys who really cared for their reputation that is why i think that they closed the site down due to the loss they are occurring due to high Transaction fees to get confirmed the transaction and as they are having feature of no account and as soon as the game is finished they just clear the bets and send to the winners so for this lot of transaction have to be done and due to this they were facing loss as that fees is borne by the site and they are going in loss.

So without scamming the users they just stopped the service and moved on their life to another way. but still they are keeping the site active in hope that one day this problem will be solved so that they can start back this project.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.

It is really sad to see the top betting site to be closed like this no one was expecting this so early. May be, this is what it means to say "Retire at the top of your career". There is no other place to bet like we used to now and there is no other site to vote as a top betting site.

They were not just the best website to put your bets, but they have been allowing us to do it with full anonymity and complete privileges are with us whether to give them an email to track all of our bets or not whereas none others in the market are allowing us to put bets on sports games without making an account, and that's the best part of Directbet.eu.

Having no account features on betting is the main reason why directbet are popular, But due to slow bitcoin network. They are forced to input huge amount fee in able to transfer fast. Directbet still didn't announce specific reason why they decided to close. But I guess now that it something personal to them. Someday it will gonna exposed.
legendary
Activity: 2618
Merit: 1105
This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.

It is really sad to see the top betting site to be closed like this no one was expecting this so early. May be, this is what it means to say "Retire at the top of your career". There is no other place to bet like we used to now and there is no other site to vote as a top betting site.

They were not just the best website to put your bets, but they have been allowing us to do it with full anonymity and complete privileges are with us whether to give them an email to track all of our bets or not whereas none others in the market are allowing us to put bets on sports games without making an account, and that's the best part of Directbet.eu.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.

It is really sad to see the top betting site to be closed like this no one was expecting this so early. May be, this is what it means to say "Retire at the top of your career". There is no other place to bet like we used to now and there is no other site to vote as a top betting site.
legendary
Activity: 2618
Merit: 1105
This is seriously one of the worst news I came to know today. I had been off since many days and when I came back over Bitcointalk, I had been just reading few posts and making few comments but didn't visit them since last 3 days as I was out of coins and when I visited the gambling section today, I got a shock seeing this thread. It was a pleasure for us too, Directbet Guys. We will always keep you in our hearts.
sr. member
Activity: 602
Merit: 252
One of the reason for closure is bankruptcy.If you we're in a business you only close if your bussiness is not working or it is not moving or you dont have profit entering to your account.How could I continue if im not gaining.

Its quite surprise to see them go bankrupt though. I think they are one of the most famous sites and they have a lot of customers. So I think going bankrupt is out of the question. I speculate the rising price of bitcoin drove them to close their betting site. But yeah, so sad to end this way.
They could have not gone bankrupt. They are the most popular gambling site with bitcoin acceptance. Probably bankruptcy happens with sites which are not good into their activities. Directbet was serving in a legitimate manner without making any flaws in settlement.
sr. member
Activity: 826
Merit: 265
One of the reason for closure is bankruptcy.If you we're in a business you only close if your bussiness is not working or it is not moving or you dont have profit entering to your account.How could I continue if im not gaining.

Its quite surprise to see them go bankrupt though. I think they are one of the most famous sites and they have a lot of customers. So I think going bankrupt is out of the question. I speculate the rising price of bitcoin drove them to close their betting site. But yeah, so sad to end this way.
newbie
Activity: 56
Merit: 0
One of the reason for closure is bankruptcy.If you we're in a business you only close if your bussiness is not working or it is not moving or you dont have profit entering to your account.How could I continue if im not gaining.
hero member
Activity: 1050
Merit: 529
I am very upset to see such a great and unique site closing. As far as I know this was the only betting site where you don't had to deposit anything and directly bet(hence the name). Ot was my go to website for betting, because of the obvious reason I didn't like depositing anywhere and then spend rather this direct betting on a match is much easier. Sad to see such a great website go.
hero member
Activity: 994
Merit: 515
Get'em boys
Directbet closing got me by surprise i thought this was a hoax not until i tried placing a live bet and saw the news..
Was expecting to at least get an email notification to make this as an official announcement about this...whatever the case Directbet was a great success and its unfortunate we will nolonger see the sports competition we got used to see not forgetting their no fee wallets.
Time to look for another reputable bitcoin sportsbook.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
Directbet also accepts different coins but they still closed down if confirmations are becoming a big problem for them they should stop accepting bitcoin temporarily and continue with their business. Who knows they could open again in the future and surprise us.
I also have this doubt, I don't know for what reason they closed the site, but in future, they may come with new design and new technic to solve this confirmation issue. But as for now, this is very sad news for all sports gamblers. Most of the sports gamblers use this site to do gambling because here we no need to create an account and easy to bet.
Almost every gambler who uses bitcoin might have used the website at least once. In future coming up with varied design is not sure, because what's mentioned is that they are interested to pursue on other services. But haven't given any outline about the further plans as well said that the domain too is not available for sale.
legendary
Activity: 1316
Merit: 1011
Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
Directbet also accepts different coins but they still closed down if confirmations are becoming a big problem for them they should stop accepting bitcoin temporarily and continue with their business. Who knows they could open again in the future and surprise us.
I also have this doubt, I don't know for what reason they closed the site, but in future, they may come with new design and new technic to solve this confirmation issue. But as for now, this is very sad news for all sports gamblers. Most of the sports gamblers use this site to do gambling because here we no need to create an account and easy to bet.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
Directbet also accepts different coins but they still closed down if confirmations are becoming a big problem for them they should stop accepting bitcoin temporarily and continue with their business. Who knows they could open again in the future and surprise us.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
That too could be a reason for the closure, because the confirmation of the events were happening in a short once after sending due to the amount indicated as unconfirmed but the same refunding for denied events and settlement on winning delays due to the lack of confirmations on the betting amount. This could have made a staggering of lots of pending settlement.
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.

Its taking weeks to confirm a particular transaction and it is affecting the gambling industry and many other industries. The sites should start accepting other coins too, may be ETH or LTC. Otherwise, it may be a dead end for many websites.
legendary
Activity: 1904
Merit: 1000
Directbet is a unique gambling site. We can place our bets without the need to make an account at the site. The reason why this site being closed maybe due to the fact that recently, bitcoin transaction can take days to get a confirmation. Hence the numbers of unsettled bets will grow from time to time and for sure that will be hard to manage.
legendary
Activity: 3094
Merit: 1127
It is really surprising and I don't think they will ever reveal the reason behind this decision they have made. May be it is something big that they can't/don't want to share with public. I can't find any reason for one of the biggest bitcoin sportsbook closing in this way.
I didnt expect to for one of the most or even top sports book in the market have closed unexpectedly whatever the reason do they have then we should respect it and for sure there are lots of sports enthusiast would really be sad on this sudden closure of the site but its still okay there are lots of sportsbook in the market to choose of.
sr. member
Activity: 561
Merit: 274
sr. member
Activity: 473
Merit: 251
DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at [email protected] if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet

This is indeed a black day and bad news for all the gamblers. Directbet was one of the trusted and mine favorite site to bet on. There sports betting features were marvelous and i will really miss them.
I just wonder there could be any legal obligation which made them close it , as in term of profits there was no problem and they were making good profits.
They were the only site I knew of that didn't need you to have a 1 confirmation before your bet was placed which was a major advantage to most sportsbetting sites.
Is there anyother site that offers this service and without having to register an account on their site to place bets? No I don't think so.
They were in a niche market if not the only one to offer this sort of service in the sports betting world.
hero member
Activity: 854
Merit: 500
It is really surprising and I don't think they will ever reveal the reason behind this decision they have made. May be it is something big that they can't/don't want to share with public. I can't find any reason for one of the biggest bitcoin sportsbook closing in this way.
legendary
Activity: 1414
Merit: 1002
= jasad =
We regret to inform you that we decided to close DirectBet in order to pursue other interests.
What could be their other interests for which they have to completely shut down their site.  Roll Eyes
I think they have gone through either huge loss or they got some legal complication lately. I am looking for alternative to them but couldn't find anyone.
It is really surprising news. I never expected that this site would close like this suddenly. The most reputed and trusted site is ended without any valid reason. That's ok we can not do anything who knows what problem they are facing. Anyway best of luck and I hope they will come back again. Now the other sportsbook gets more advantage, and they will make more profit.
really a big loss , directbet was a precious asset for bitcoin gambling world especially this forum ,
no wonder a lot of people put sympathy on them so deep ,
they are the most unique sportsbetting site ,
i frequently place bet there for years and feel so sad really about this.
legendary
Activity: 1092
Merit: 1000
We regret to inform you that we decided to close DirectBet in order to pursue other interests.
What could be their other interests for which they have to completely shut down their site.  Roll Eyes
I think they have gone through either huge loss or they got some legal complication lately. I am looking for alternative to them but couldn't find anyone.
It is really surprising news. I never expected that this site would close like this suddenly. The most reputed and trusted site is ended without any valid reason. That's ok we can not do anything who knows what problem they are facing. Anyway best of luck and I hope they will come back again. Now the other sportsbook gets more advantage, and they will make more profit.
legendary
Activity: 3122
Merit: 1140
One reason I believe is that they thought the price of bitcoins was way too much than anyone expected and if the price by chance drops to $600 odd mark again they already loose 1/3 rd of their capital and hence they played safe and withdraw all. As they mentioned in the pursue of some interests which I cannot think of anything else.

I think you might be right. I presume they have collected enough bitcoins in their wallet and with the high bitcoin price, they have played it safe to stop and withdraw everything before the price goes down. Nice strategy though.
High probability that this might be the reason why they suddenly shut down because they do already secure their profits or capital they will loss up really some money if the price tends to go backwards again. Its really a smart move though but without thinking that they can able to generate more profit if they decide to continue their service knowing its popularity I can say that they are profitable.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
It is really a surprise that they are going to close done while seeing them as the first and top betting site (based on the votes) Everything good sometimes has to end in some way. People could now have a chance to try other websites and test them out if they would be lucky or something.
legendary
Activity: 966
Merit: 1006
We regret to inform you that we decided to close DirectBet in order to pursue other interests.
What could be their other interests for which they have to completely shut down their site.  Roll Eyes
I think they have gone through either huge loss or they got some legal complication lately. I am looking for alternative to them but couldn't find anyone.
sr. member
Activity: 526
Merit: 250
One reason I believe is that they thought the price of bitcoins was way too much than anyone expected and if the price by chance drops to $600 odd mark again they already loose 1/3 rd of their capital and hence they played safe and withdraw all. As they mentioned in the pursue of some interests which I cannot think of anything else.

I think you might be right. I presume they have collected enough bitcoins in their wallet and with the high bitcoin price, they have played it safe to stop and withdraw everything before the price goes down. Nice strategy though.
legendary
Activity: 3052
Merit: 1188
One reason I believe is that they thought the price of bitcoins was way too much than anyone expected and if the price by chance drops to $600 odd mark again they already loose 1/3 rd of their capital and hence they played safe and withdraw all. As they mentioned in the pursue of some interests which I cannot think of anything else.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
unfortunately the most trusted sportbooks will closed and during use this site they always be solving the users issue and i always satisfied with their service but it all their right even they not telling the truth what their main reason but we should be respect for their decission
legendary
Activity: 3066
Merit: 1312
DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at [email protected] if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet
I dont think he tell the truth due to play in directbet.eu we dont need to register seems this just a troll but i dont know what he looking find. perhaps he only want to breaking directbet.eu popularity.

Read their main thread, it is true they are going to close down. Indeed, most players play on directbet with no accounts but there are some players who have playing wallet on casino.directbet. Dont you understand the meaning of the sentence that you are focusing on?
legendary
Activity: 1232
Merit: 1029
Crazy, sad time in the bitcoin sports gambling scene. DirectBet.eu have always been my favourite site, thanks to everybody involved at DirectBet for everything over the years, you provided us all with a great service.
Yes and the reason is not the high price of bitcoins because if such was the reason, they could well have withdrawn the bitcoins and pay users through buying bitcoins all the time, the most annoying thing is that they haven't even gave a slight chance of some new site or service coming.

Just closed it, the good thing is they haven't scammed anyone even when their exit was near. A lot of sites end on a scamming note since they feel that's the best. I had some funds in the casino wallet, withdrawn them without any issues.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
They have stopped, thankfully you watched it. It was one of the sport-books where I at least knew that I won't get scammed, maybe the odds are a bit low and the settlement is a bit delayed but the team was quite impeccable and never doubted that. I think the dogecoin's bump was one reason and the latest BTC price jump due to the wannacry virus was the main reasons.
This is simply unexpected, because it have been in the lead as the best sports book for the gamblers. The anonymity is the best it provides to the users with perfect odds and the settlement taking place in the perfect manner with the perfect support from team. Recent virus attack might have created a misconception in bitcoin usage as they hold huge volume of bitcoin.
legendary
Activity: 1442
Merit: 1025
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
They have stopped, thankfully you watched it. It was one of the sport-books where I at least knew that I won't get scammed, maybe the odds are a bit low and the settlement is a bit delayed but the team was quite impeccable and never doubted that. I think the dogecoin's bump was one reason and the latest BTC price jump due to the wannacry virus was the main reasons.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
For me they closed for two reasons. One is that they took a big hit or several big hits lately as all soccer games are coming like predicted in these last days or Two they are closing because they have won enough bitcoins to not bother anymore with the site and start enjoying their different lifestyle. It is a sad event for the bitcoin gambling community knowing how easy was to bet at the site without the need to have an account.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
Can we just discussed this matter right directly to their main thread than making another thread? For sure, more threads will be made regarding this. The discussion at their ANN thread is active about the closuse and no need to have a separate discussion for this.

For now we don't know the real reason but as Michelle stated,


The reason for the closure is to spare time for the DirectBet team to pursue other interests even though DirectBet was a great success and very profitable.

legendary
Activity: 1932
Merit: 2272
~snip~
I dont think he tell the truth due to play in directbet.eu we dont need to register seems this just a troll but i dont know what he looking find. perhaps he only want to breaking directbet.eu popularity.
In case you missed it: https://bitcointalksearch.org/topic/m.19130468
They really are closing.  Roll Eyes
sr. member
Activity: 826
Merit: 265
What a surprised!!! Directbet.eu is one of the trusted sites as far as sports bet is concern. I don't think it has to do with the high transaction fee's. They have been in the business for quite some time now so I think they know about the issue with the fees. I don't know what to speculate, we just have to wait if they are going online again with other alts as options for betting.
hero member
Activity: 1694
Merit: 541
This is a huge set back for sports fans as this is the only site that accepts alt coins for sports betting and i really could not believe that they are closing the doors all of a sudden,what about the future bets we already waged ,will they be returning the coins,what is the real reason for the closure,really sad to see a sports book closing their doors,i think the main reason would be the increase in price for all the alt coins.
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at [email protected] if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet
I dont think he tell the truth due to play in directbet.eu we dont need to register seems this just a troll but i dont know what he looking find. perhaps he only want to breaking directbet.eu popularity.
legendary
Activity: 1190
Merit: 1024
DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at [email protected] if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet

This is indeed a black day and bad news for all the gamblers. Directbet was one of the trusted and mine favorite site to bet on. There sports betting features were marvelous and i will really miss them.
I just wonder there could be any legal obligation which made them close it , as in term of profits there was no problem and they were making good profits.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Crazy, sad time in the bitcoin sports gambling scene. DirectBet.eu have always been my favourite site, thanks to everybody involved at DirectBet for everything over the years, you provided us all with a great service.
legendary
Activity: 3094
Merit: 1127
Speculation on the reason why they suddenly close its doors keeps coming but as they said they are pursuing other things in life.We wont know what would be the exact reason on such closure.If we are talking about bitcoin fees i dont think it can affect too much since they are considered as profitable and top betting site.If theres one did able to manage big winning then its possible but i cant see any news about it Smiley or just maybe they are saving their profits knowing on the current price of bitcoin.
legendary
Activity: 2674
Merit: 1048
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.
Now i'm curious since you can't bet anymore on directbet, how would they spent the freebet that they'll receive?
Imo the reason they close is because of the network getting busy and the double spending issue that they keep getting.
Will miss their live lines though it's the only thing that makes me bet on their site.

IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
I think the fees aren't a problem for directbet because their lines are so juiced compared to other bookies.
since they did not reveal what is the real reason why ( which i think other sportsbook/any business company will not explain clearly about it ) , but if i have to make a speculation they are anticipating from a bankruptcy after have to pay someone huge win .

i don't know what exactly , and they choose to reveal publicly about the clear and real reason why , just let's respect them have been in bitcoin community for years.
legendary
Activity: 1932
Merit: 2272
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
I don't think high fee is a reason.
They could just deduct fee from users balance on withdrawal, right?
sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.

If that was the case, they could have just started charging for the bets. That should fix almost all the things. A lot of other merchant bitcoin sites which used to offer free withdrawals started charging too. Even other gambling websites started charging. I don't think that can be the main reason if the whole venture was profitable for them.

Let's just what will be their action regarding this, I'm hoping that their decision of closing their site is just for temporary because they still allowed their site to run for a few days. And their announcement is unexpected. I still don't find another betting site that can replace them.
legendary
Activity: 954
Merit: 1000
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.

If that was the case, they could have just started charging for the bets. That should fix almost all the things. A lot of other merchant bitcoin sites which used to offer free withdrawals started charging too. Even other gambling websites started charging. I don't think that can be the main reason if the whole venture was profitable for them.
sr. member
Activity: 526
Merit: 250
DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at [email protected] if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet

I thought this was a hoax until i accessed the site a while ago which is displaying this same message. I read some red flags yesterday when someone on this forum complained that his payout was not given. He won on a bet but his payout was pending. When he inquired, he was informed that he did a double spend and therefore could not withdraw the payout. The same day, I placed a bet for two matches with odds totaling 52. When I transferred 0.01 btc, the bet was rejected and the bitcoins send to my btc address. From this, I now know that they might have been facing problems.
sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
They always suggested the players to use their casino wallet to reduce the fee and for instant confirmation . I don't think that's the reason because they were operating with many other coins too ( which has less tx fee) .

But the majority of their customer are using bitcoin and the timing of their closed are almost in sync with the rise on the price of transaction fee. Anyway I'm not certain with that.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.
Now i'm curious since you can't bet anymore on directbet, how would they spent the freebet that they'll receive?
Imo the reason they close is because of the network getting busy and the double spending issue that they keep getting.
Will miss their live lines though it's the only thing that makes me bet on their site.

IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
I think the fees aren't a problem for directbet because their lines are so juiced compared to other bookies.
legendary
Activity: 1414
Merit: 1008
★Bitvest.io★ Play Plinko or Invest!
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
They always suggested the players to use their casino wallet to reduce the fee and for instant confirmation . I don't think that's the reason because they were operating with many other coins too ( which has less tx fee) .
sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
IMHO, The high fee for a transaction is the main reason why decided to close their website. Today's transaction is very expensive and directbet are really affected by it because they send tons of transaction without any charges to the receiver and they're no account features make this issue bigger to them.
legendary
Activity: 954
Merit: 1000
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.

It could be that they had a high roller wipe them out, or their max bet out. It is strange. Could also be some legal trouble which could have come up suddenly, and they have to close to protect themselves.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
That might be the reason. The site closure is for specific Countries around the world. Here it's not at all possible to access even the direct dice. This might cause other gambling website to become ​more popular as the number one betting site has stopped service.
legendary
Activity: 1932
Merit: 2272
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
But it was surprisingly sudden closing, i mean 2 days ago their community manager said they are the most trusted and number 1 bitcoin sportsbook, next day there was usual free bet announcement and after only 8 hours they decided to close doors? Very strange.
legendary
Activity: 954
Merit: 1000
Are you sure ? I can still access the site just fine without that message. It might be that they closed only for your particular country.

edit; just saw this on their thread. Big loss for the sportsbetting community :O
They do have the reason on their thread that they are pursuing other things in life.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
DirectBet is now closed.

May 21th, 2017

Thanks for betting at DirectBet.

We regret to inform you that we decided to close DirectBet in order to pursue other interests.

DirectBet was a great success and it was our pleasure serving you.

Effective immediately, we will not be accepting new bets.

We left the All-In Poker bet open for you to claim your VIP rewards.

All confirmed bets stand. They will be settled automatically at the completion of the event, as usual.

In addition, this website will remain online in the near future to allow you to check the status of your bets.

If you have coins in your Playing Wallet, please withdraw them now.

We are available via e-mail at [email protected] if you have any questions or need assistance.

Thanks again for choosing to bet with us.

Good Luck !

DirectBet
Jump to: