April Metrics and Financials below.
Monthly Metrics: https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc#gid=16
P&L - https://docs.google.com/spreadsheets/d/1mFzQOuJ-8hBI8ftH75EEhRkcpLh8NbJMJPOoKhK17Yo
Sportsbook: + 2.738 btc
HTML5 Casino: + 5.3 btc
Bit777/ PeerBet (CBTC Share): + 0.776 btc
Overall Month: +8.824 btc
Noteworthy callouts
Controls we placed in our sportsbook, and our monthly casino promotions, have provided us with a consistent and steady month in all aspects, yielding us our 3rd positive revenue month this year.
Our development effort to redo our Sportsbook (new look and feel as well as a new backend)which will allow us to operate risk-free) has kicked off, we remain confident we will have this completed ahead of the US Football season and will market vigorously to win back some of our old players who we intentionally pushed away from our site in 2015.
As we keep enhancing our product, we must restart our marketing and organic search efforts. So in that capacity, we have struck a deal with one of the top UK SEO firms who has substantial experience in the iGaming sector (firm name withheld for NDA purposes). While this a relatively costly monthly expense ($1400), we feel it’s the best use of funds outside building our new sportsbook.
Topic: [HAVELOCK] CasinoBitco.in CBTC - page 7. (Read 149382 times)
this might qualify for the longest running current scam on here, anyone actually believe these monthly numbers? they are awfully convenient, there has never been a huge month for the investors, and for anyone doing gambling you know the variance swings both way especially when you run a +ev casino. just repeating small profit, big losses small profits, small profit big loss etc.
pretty clever approach, just skim any substantial winnings off forever, freerolling the whole site thanks to the investors.
pretty clever approach, just skim any substantial winnings off forever, freerolling the whole site thanks to the investors.
Right... Because compiling the metrics, and updating this thread monthly is just so much easier than running off with the seed investment of $54,000 we received nearly 3 years ago (e.g. See Every other Havelock company outside a select few).
The information we share is public, so you can fact-check me here. The casino is in-fact profitable, the sportsbook is not, but peppered through this thread you can see we are working towards no-risk models, but that costs money to build, integrate, etc.
Last, before the seed investment we received on Havelock - we've put in our money, and continue to do so today because we believe in the sector. Don't confuse us with some giant iGaming firm though, this is still an early term start-up that was built from scratch, 100% custom developed, 100% custom promoted and marketed.
this might qualify for the longest running current scam on here, anyone actually believe these monthly numbers? they are awfully convenient, there has never been a huge month for the investors, and for anyone doing gambling you know the variance swings both way especially when you run a +ev casino. just repeating small profit, big losses small profits, small profit big loss etc.
pretty clever approach, just skim any substantial winnings off forever, freerolling the whole site thanks to the investors.
pretty clever approach, just skim any substantial winnings off forever, freerolling the whole site thanks to the investors.
When will this share price pup up?
or at least div this year...
or at least div this year...
When the site gets into profit and has enough to pay out divs. I'm hoping to see this happen this year as well. It's been a while...
Me too.
my 3btc investment had become ....0.07
http://ppt.cc/zBdFW
It started so promising - could have been the next satoshidice investment return scenario.
When will this share price pup up?
or at least div this year...
or at least div this year...
When the site gets into profit and has enough to pay out divs. I'm hoping to see this happen this year as well. It's been a while...
Me too.
my 3btc investment had become ....0.07
http://ppt.cc/zBdFW
Oy 
When will this share price pup up?
or at least div this year...
or at least div this year...
When the site gets into profit and has enough to pay out divs. I'm hoping to see this happen this year as well. It's been a while...
Has anyone made any money in investing in Havelock funds?
From looking at their site all the funds go down over time.
Has anyone made money with them?
From looking at their site all the funds go down over time.
Has anyone made money with them?
I'm down this year, but up around 200% over the past 3 years. We're only talking about a fraction of one BTC though. I trade very infrequently, and stay close to 100% invested (Havelock is pretty sketchy, but I think/hope that CBTC would move everyone's shares elsewhere in worst case scenario).
Waiting for Ultrafinery or whatever his current login is to chime in now.
Not feeling the love, how is this possible?
My only fault is this Cassandraic gift, yet I'm reviled and shunned by the very same intrepid investors my prophesies meant to rescue from
They shoot prophets, don't they?
Actually, I listen carefully to your comments. Always have.
Has anyone made any money in investing in Havelock funds?
From looking at their site all the funds go down over time.
Has anyone made money with them?
From looking at their site all the funds go down over time.
Has anyone made money with them?
I'm down this year, but up around 200% over the past 3 years. We're only talking about a fraction of one BTC though. I trade very infrequently, and stay close to 100% invested (Havelock is pretty sketchy, but I think/hope that CBTC would move everyone's shares elsewhere in worst case scenario).
Waiting for Ultrafinery or whatever his current login is to chime in now.
Not feeling the love, how is this possible?
My only fault is this Cassandraic gift, yet I'm reviled and shunned by the very same intrepid investors my prophesies meant to rescue from
They shoot prophets, don't they?
Has anyone made any money in investing in Havelock funds?
From looking at their site all the funds go down over time.
Has anyone made money with them?
From looking at their site all the funds go down over time.
Has anyone made money with them?
I'm down this year, but up around 200% over the past 3 years. We're only talking about a fraction of one BTC though. I trade very infrequently, and stay close to 100% invested (Havelock is pretty sketchy, but I think/hope that CBTC would move everyone's shares elsewhere in worst case scenario).
Waiting for Ultrafinery or whatever his current login is to chime in now.
When will this share price pup up?
or at least div this year...
or at least div this year...
Has anyone made any money in investing in Havelock funds?
From looking at their site all the funds go down over time.
Has anyone made money with them?
From looking at their site all the funds go down over time.
Has anyone made money with them?
If anyone is interested in selling their CBTC shares (min 500 to 100k+) at 400 satoshi a piece please message me and we can arrange a deal (over Havelock).
Thank you.
Thank you.
^^ just as predicted. And yourself? Reaping the rich (and well-deserved!) rewards of your prudent investments, I see?
Heh. Not like I'm putting my retirement fund into BTC.
^^ just as predicted. And yourself? Reaping the rich (and well-deserved!) rewards of your prudent investments, I see?
Company made, what, 15 BTC this quarter? Extrapolate out to around $27k/year profit.
Probably not the best candidate for a publicly traded company < >
Probably not the best candidate for a publicly traded company < >
Company paid 0 BTC this quarter. Extrapolate out to around 0 BTC/year profit to marks.
Company lost ~ 97% of its share price during its lifetime. Extrapolate out to around ~ 97% loss to marks.
Probably not the best candidate for a publicly traded company, correct.
I see you're still around as well (wasn't sure before). How's it going?
This company's performance will depend a lot on how Bitcoin and Crypto currencies in general perform and grow in the general population.
And by the looks of things this is going to be a very slow process.
Judging by the financials, things are steady(ish) and growing slowly but still in its infancy. I wouldn't imagine handing out dividends at this stage would be wise, i think putting those funds back into the business is a better option.
I can understand if people have invested a lot and are not seeing any return might be a bit pissed. But anyone who has been watching the crypto space over the last few years should see that it was over hyped and over saturated with shit IPOs and shit coins most of which lost 97% of their value or just disappeared.
I am only a small shareholder (but still accumulating), i'm happy enough waiting plenty more years.
Its my view that when Crypto takes off properly so will every company that's still around that uses it.
And by the looks of things this is going to be a very slow process.
Judging by the financials, things are steady(ish) and growing slowly but still in its infancy. I wouldn't imagine handing out dividends at this stage would be wise, i think putting those funds back into the business is a better option.
I can understand if people have invested a lot and are not seeing any return might be a bit pissed. But anyone who has been watching the crypto space over the last few years should see that it was over hyped and over saturated with shit IPOs and shit coins most of which lost 97% of their value or just disappeared.
I am only a small shareholder (but still accumulating), i'm happy enough waiting plenty more years.
Its my view that when Crypto takes off properly so will every company that's still around that uses it.
Company made, what, 15 BTC this quarter? Extrapolate out to around $27k/year profit.
Probably not the best candidate for a publicly traded company < >
Probably not the best candidate for a publicly traded company < >
Company paid 0 BTC this quarter. Extrapolate out to around 0 BTC/year profit to marks.
Company lost ~ 97% of its share price during its lifetime. Extrapolate out to around ~ 97% loss to marks.
Probably not the best candidate for a publicly traded company, correct.
Company made, what, 15 BTC this quarter? Extrapolate out to around $27k/year profit.
Probably not the best candidate for a publicly traded company, but not vegetative either. The operators appear to know what they're doing, and they could increase the profitability in the short-term (with longer term ramifications) by cutting things like ads and new development.
Disclosure: I have a small (tiny?) investment in the company.
Probably not the best candidate for a publicly traded company, but not vegetative either. The operators appear to know what they're doing, and they could increase the profitability in the short-term (with longer term ramifications) by cutting things like ads and new development.
Disclosure: I have a small (tiny?) investment in the company.
Seems to be a lot of selling on Havelock 
I suspect some people got impatient looking for dividends. The downtime on Havelock likely made a few people skittish as well.
So this casino IPOd @฿0.00018000, and, after 2+ years in operation, is still not paying divs while trading @฿0.00000550? (what is that, ~ 97% loss?)
Reminds me of that debate a while back, whether pulling the plug on persistent vegetative state patients is the thing to do.
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