mBet.io Sportsbook 6 BTC Welcome Bonus - page 2.

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: Barcode_ on December 07, 2017, 08:42:23 AM

The offer seems to good to be true, by depositing just 5 mBTC into your account on the site, the user will get a 6 BTC welcome bonus from the admin, with the points system used by the site to finish up the bonus before users are allow to withdraw, it would take a super long period of time to complete that requirement.

The player can withdraw their deposit at any time!

The bonus will be released as the points are earned, the bonus is about rewarding players all year round. Every time the player earns 10000 points we will release 10 mBTC into the player wallet, the player can choose to withdraw that 10 mBTC or play with it. We are not saying that the player will guaranteed release the full 6 BTC that will depend on how often they wager.

We will also on occasion run extra bonus point promotions that will make it faster to receive the 10 mBTC increments.

Barcode_

staff

Activity: 3206

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Join the world-leading crypto sportsbook NOW!

The offer seems to good to be true, by depositing just 5 mBTC into your account on the site, the user will get a 6 BTC welcome bonus from the admin, with the points system used by the site to finish up the bonus before users are allow to withdraw, it would take a super long period of time to complete that requirement.

mBet_Shaun

member

Activity: 307

Merit: 20

Ok so we have launched our affiliate program. I don't know if this is the right place to announce it (if not can someone point me in the right direction).

I will add screen grabs and a training video over the next few days, if anyone has any questions feel free to PM me.

You can access the program here: https://partners.mbet.io

shanem

legendary

Activity: 1344

Merit: 1000

This promotion is useful if you bet regularly in a sportsbook. Although it takes a lot of bet before you can unlock the bonus, it is still a better deal than most sportsbook where you don't get any bonus even if you make lots of bet.

mafia15

member

Activity: 245

Merit: 10

Maybe deposit bonus .. but gonna check this out ..
Wow 6btc bonus ..

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: Tenderino on December 06, 2017, 02:10:45 PM

Quote from: piloder on December 06, 2017, 03:43:20 AM

Quote

Bonus points = stake (in mBTC) x price score (up to 1) x 12.5. The price score is the square root of the odds, minus one (decimal odds). The maximum price score is 1.

So if we will bet 5mBtc in any game with 2.5x odd than bonus point we can get is;

5 x (1.58113883008419 - 1 ) x 12.5 = 36 Bonus points

Quote

We’ll release 10 mBTC for every 10000 bonus points you earn.

So basically we have to bet 5mBtc atleast 277+ times on game of similar odd to get 10mBtc from this bonus. Which is almost like 100x wagering requirement... Grin

Anyway nice promo and quite unique one for sportsbook.

This bonus offer is absolutely misleading, because customers will be not able to even wager and receive a fraction of it! And how many customers read the terms and conditions? Maybe 1%? This promotion is clearly for people with a lower IQ range and this together with the circumstance that you are only since one week on the market, it looks like a deposit trap!

Im sorry that you think so poorly of your fellow community members, to think that they wouldn't review the bonus terms. Our link for the promotion takes the player directly to the page that has the details of the bonus on it.

Our bonus is not about someone getting a lump sum bonus once, its about rewarding our players all year round.

Also I find it a bit hypocritical that you are having a go at us for being a new operator, when your signature sponsor is an operator that is in "BETA" Huh

??

amacar2

legendary

Activity: 1120

Merit: 1008

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Quote from: Tenderino on December 06, 2017, 02:10:45 PM

This bonus offer is absolutely misleading, because customers will be not able to even wager and receive a fraction of it! And how many customers read the terms and conditions? Maybe 1%? This promotion is clearly for people with a lower IQ range and this together with the circumstance that you are only since one week on the market, it looks like a deposit trap!

Their bonus terms is quite unique but I will not say it as just deposit trap, this sportsbook is around here for quite some time from beta to now full launch and many have already tried. I think I also have one account there but haven't played with real bitcoin.

This bonus is not mandatory one and it will not lock our initial deposit so I don't think we have to worry about getting stucked with wagering requirement.

Tenderino

full member

Activity: 336

Merit: 103

Quote from: piloder on December 06, 2017, 03:43:20 AM

Quote

Bonus points = stake (in mBTC) x price score (up to 1) x 12.5. The price score is the square root of the odds, minus one (decimal odds). The maximum price score is 1.

So if we will bet 5mBtc in any game with 2.5x odd than bonus point we can get is;

5 x (1.58113883008419 - 1 ) x 12.5 = 36 Bonus points

Quote

We’ll release 10 mBTC for every 10000 bonus points you earn.

So basically we have to bet 5mBtc atleast 277+ times on game of similar odd to get 10mBtc from this bonus. Which is almost like 100x wagering requirement... Grin

Anyway nice promo and quite unique one for sportsbook.

This bonus offer is absolutely misleading, because customers will be not able to even wager and receive a fraction of it! And how many customers read the terms and conditions? Maybe 1%? This promotion is clearly for people with a lower IQ range and this together with the circumstance that you are only since one week on the market, it looks like a deposit trap!

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: kryptqnick on December 06, 2017, 12:41:44 PM

Quote from: mBet_Shaun on December 06, 2017, 04:46:23 AM

snip

Im very interested in the speed issue you raised in relation to the loading of some match pages. If its not to much to ask could you list the pages that you had a speed issue with so that we can attempt to address that, we are always trying to improve the player experience.

Thanks for the feedback.

Yes, sure. At first I tried loading DaVinci codex. It took about 30 seconds to load (maybe that is not that much but it is still a lot longer than it usually takes for a page to load). Tesla gets loaded for 15 seconds, Cleopatra - almost 30 seconds. The spins in these games work at normal speed and all the animation is just fine. I guess all these games in the Slots section are loaded a bit slow, whereas all other pages are loaded in less than 5 seconds, so in general this website works fine for me Wink

thanks for that

kryptqnick

legendary

Activity: 3248

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Join the world-leading crypto sportsbook NOW!

Quote from: mBet_Shaun on December 06, 2017, 04:46:23 AM

snip

Im very interested in the speed issue you raised in relation to the loading of some match pages. If its not to much to ask could you list the pages that you had a speed issue with so that we can attempt to address that, we are always trying to improve the player experience.

Thanks for the feedback.

Yes, sure. At first I tried loading DaVinci codex. It took about 30 seconds to load (maybe that is not that much but it is still a lot longer than it usually takes for a page to load). Tesla gets loaded for 15 seconds, Cleopatra - almost 30 seconds. The spins in these games work at normal speed and all the animation is just fine. I guess all these games in the Slots section are loaded a bit slow, whereas all other pages are loaded in less than 5 seconds, so in general this website works fine for me Wink

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: piloder on December 06, 2017, 05:21:59 AM

Quote from: mBet_Shaun on December 06, 2017, 04:46:23 AM

We are no longer running an ICO as the community didnt seem to have the appetite for another gambling ICO.

Oh I have forgot about the ICO you guys where trying to run before, that might be the reason why I am not seeing those free 100 MBET token in my dashboard today Grin

Quote from: mBet_Shaun on December 06, 2017, 04:08:25 AM

Your calculation is correct. But this is not like any other promo, in that it is on all bets, any time, all the time, until you have managed to release the entire bonus balance.

Yeah I got that so minimum amount of bonus we can redeem is 10mBtc ?

We paid out all players that where eligible and had MBT tokens in ETH. We thought it was only fair, since they helped us test the system, of course there were some guys that just camped on the 100 MBT's and there were others that had numerous accounts we didnt pay either of these groups.

We made the minimum 10mBTC so that the bonus would be substantial. If the community would like to see the bonus be shifted to 5mBTC for 5000 points this is something we would entertain.

piloder

legendary

Activity: 966

Merit: 1006

Quote from: mBet_Shaun on December 06, 2017, 04:46:23 AM

We are no longer running an ICO as the community didnt seem to have the appetite for another gambling ICO.

Oh I have forgot about the ICO you guys where trying to run before, that might be the reason why I am not seeing those free 100 MBET token in my dashboard today Grin

Quote from: mBet_Shaun on December 06, 2017, 04:08:25 AM

Your calculation is correct. But this is not like any other promo, in that it is on all bets, any time, all the time, until you have managed to release the entire bonus balance.

Yeah I got that so minimum amount of bonus we can redeem is 10mBtc ?

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: kryptqnick on December 06, 2017, 04:33:17 AM

Okay, you're saying you have 6 btc and people can get some part of this money if they deposit some btc onto your website. Can you at least sign a message confirming that you have sufficient funds? And, as the casino is new, people probably need some confirmations that it is possible to withdraw money from out there.
You've got the hell lot of games out there, I guess I've never seen so many in one casino. However, what is kind of annoying is that it takes a lot of time for games to open...
What is interesting is that you're planning to launch your own ico. Perhaps you should start a sig campaign on that.

Hi kryptqnick,

We are no longer running an ICO as the community didnt seem to have the appetite for another gambling ICO.

I think you have the message in regards to the bonus a little confused. We are offering normal betting activity with a bonus released based on the activity of the player. The 6 BTC is the nominal maximum amount a player could receive from the bonus.

Im very interested in the speed issue you raised in relation to the loading of some match pages. If its not to much to ask could you list the pages that you had a speed issue with so that we can attempt to address that, we are always trying to improve the player experience.

Thanks for the feedback.

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

Okay, you're saying you have 6 btc and people can get some part of this money if they deposit some btc onto your website. Can you at least sign a message confirming that you have sufficient funds? And, as the casino is new, people probably need some confirmations that it is possible to withdraw money from out there.
You've got the hell lot of games out there, I guess I've never seen so many in one casino. However, what is kind of annoying is that it takes a lot of time for games to open...
What is interesting is that you're planning to launch your own ico. Perhaps you should start a sig campaign on that.

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: piloder on December 06, 2017, 03:43:20 AM

Quote

Bonus points = stake (in mBTC) x price score (up to 1) x 12.5. The price score is the square root of the odds, minus one (decimal odds). The maximum price score is 1.

So if we will bet 5mBtc in any game with 2.5x odd than bonus point we can get is;

5 x (1.58113883008419 - 1 ) x 12.5 = 36 Bonus points

Quote

We’ll release 10 mBTC for every 10000 bonus points you earn.

So basically we have to bet 5mBtc atleast 277+ times on game of similar odd to get 10mBtc from this bonus. Which is almost like 100x wagering requirement... Grin

Anyway nice promo and quite unique one for sportsbook.

Your calculation is correct. But this is not like any other promo, in that it is on all bets, any time, all the time, until you have managed to release the entire bonus balance.

When you bet with your current sportsbook they don't give you a bonus on the majority of your bets, so most of the time you are betting with them you're getting NO bonus. We want to reward players all the time, rather than just giving them a carrot for a first deposit.

piloder

legendary

Activity: 966

Merit: 1006

Quote

Bonus points = stake (in mBTC) x price score (up to 1) x 12.5. The price score is the square root of the odds, minus one (decimal odds). The maximum price score is 1.

So if we will bet 5mBtc in any game with 2.5x odd than bonus point we can get is;

5 x (1.58113883008419 - 1 ) x 12.5 = 36 Bonus points

Quote

We’ll release 10 mBTC for every 10000 bonus points you earn.

So basically we have to bet 5mBtc atleast 277+ times on game of similar odd to get 10mBtc from this bonus. Which is almost like 100x wagering requirement... Grin

Anyway nice promo and quite unique one for sportsbook.

mBet_Shaun

member

Activity: 307

Merit: 20

@BTCevo If you deposit 5 mBTC you will have a bonus balance of 6 BTC

@panjul07 Thanks

panjul07

legendary

Activity: 3500

Merit: 1354

Quote from: BTCevo on December 05, 2017, 10:07:55 AM

And how much wagered for 1 point? I can't find it on your tab there

There is a clear information about the formula to calculate bonus points. Let me quote it for you:

Quote

Sportsbook:
Bonus points = stake (in mBTC) x price score (up to 1) x 12.5. The price score is the square root of the odds, minus one (decimal odds). The maximum price score is 1.

Casino:
Bonus points = stake (in mBTC) x 4.25

So you can calculate with your calculator on how much you need to wager to get 1 point. Grin

BTCevo

legendary

Activity: 1834

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So you mean that if we deposit only 0.005 btc we might have a chance to get 6 btc but only if we achive 10,000 point to get 0.01 btc? That means we need to get 6,000,000 point in order to get 6 btc? Is this right? Or we might only get as much as we deposit?

And how much wagered for 1 point? I can't find it on your tab there

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: Bitinity on December 05, 2017, 06:17:05 AM

I dont find info about wagering requirement about the bonus. Does it mean once I collect 10,000 points and get 10mbtc, I can withdraw this 10mbtc?
It is obviously a new bonus as I have never seen similar bonus like what you have before, but I think it is very hard to get those 10,000 points. Sorry if my math is bad, but as per my calculation I need to wager on sportsbook 10,000/12.5= 800mbtc with 2x odds or higher (will need to wager more mbtc if the odds less than 2). Or I need to wager more than 2btc on casino games to get 10mbtc bonus. Correct me if I'm wrong.

Thanks for taking the time to review the terms.

Once you reach the 10,000 Bonus points you can withdraw the 10mBtc it will be deposited into your account as cash.

Your correct if you were to place a number of bets that total a stake of 800 mBtc, with a price score of one, you would release a 10 mBtc into your player account as cash, this can be withdrawn with no further requirements.

There are no restrictions on the types or wagers you can place, or the events you can wager on. All bets contribute to your bonus points balance.

Unlike other bonus programs this doesn't just reward new players it rewards players for the entire 365 days. Remember that you only have to deposit 5 mBTC to qualify for the 6 BTC bonus balance.

**** We will from time to time run 2x, 3x or 4x bonus point promotions on specific events or bet type, giving our player the ability to release the bonus even faster. ****

Topic: mBet.io Sportsbook 6 BTC Welcome Bonus - page 2. (Read 1219 times)