1. #1
    SBR Natalie
    SBR Natalie's Avatar Become A Pro!
    Join Date: 03-19-12
    Posts: 885
    Betpoints: 16905

    Bitcoin sportsbook BTCSportsBet refuses to pay $6,700

    Today's show is dedicated to a report which broke today on Sportsbook Review.com involving BTCSportBet.eu's refusal to pay a player $6,700 in winnings from four successful wagers.

    Leave your thoughts below!


  2. #2
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    I have said since day 1 you deserve to get stiffed at bitcoin books

    How dumb are gamblers??

    Bitcoin books are a scam

  3. #3
    bigboydan
    bigboydan's Avatar Become A Pro!
    Join Date: 08-10-05
    Posts: 55,425

    Hi Shari

  4. #4
    greenhippo
    greenhippo's Avatar Become A Pro!
    Join Date: 02-15-12
    Posts: 9,091
    Betpoints: 723

    Is that Nat in the jersey pic?

  5. #5
    bigboydan
    bigboydan's Avatar Become A Pro!
    Join Date: 08-10-05
    Posts: 55,425

    Quote Originally Posted by greenhippo View Post
    Is that Nat in the jersey pic?
    What do you think.

    BTW, I do believe you owe me some money sir.


  6. #6
    VegasInsider
    Update your status
    VegasInsider's Avatar Become A Pro!
    Join Date: 12-12-10
    Posts: 14,593
    Betpoints: 18

    I knew those plays look familiar. They were RAS plays on 11/29 (I'm assuming which is why they closed his account)

    11/29/2013 Vermont at San Francisco (-2.5) 1.00 UNIT 61-72 WIN -4.5 +2.0
    11/29/2013 Northern Arizona vs CS Bakersfield (-4.5) 1.00 UNIT 50-61 WIN -7.0 +2.5
    11/29/2013 Virginia at Southern Methodist (+6) 1.00 UNIT 76-73 WIN 5.0 +1.0
    11/29/2013 Pepperdine (+7.5) vs Denver 1.00 UNIT 68-56 WIN 5.5 +2.0

  7. #7
    23Edler_Salo6
    23Edler_Salo6's Avatar Become A Pro!
    Join Date: 02-08-12
    Posts: 200
    Betpoints: 60

    Quote Originally Posted by VegasInsider View Post
    I knew those plays look familiar. They were RAS plays on 11/29 (I'm assuming which is why they closed his account)

    11/29/2013 Vermont at San Francisco (-2.5) 1.00 UNIT 61-72 WIN -4.5 +2.0
    11/29/2013 Northern Arizona vs CS Bakersfield (-4.5) 1.00 UNIT 50-61 WIN -7.0 +2.5
    11/29/2013 Virginia at Southern Methodist (+6) 1.00 UNIT 76-73 WIN 5.0 +1.0
    11/29/2013 Pepperdine (+7.5) vs Denver 1.00 UNIT 68-56 WIN 5.5 +2.0
    RAS?


    Also.. can the individual provide consent for SBR to discuss his file?

  8. #8
    greenhippo
    greenhippo's Avatar Become A Pro!
    Join Date: 02-15-12
    Posts: 9,091
    Betpoints: 723

    Dan, I buried you, just yesterday. Why can't your brain process information like that of a normal person? Do you think it's comical or endearing that you continually are the last one to understand things? It's not even hard, this is all done in text, if you're in the middle of your daily struggling to comprehend; breathe, take a break, come back and reread it. Sure, it may take you half a dozen times when even the dimmest of posters here get it on the first try but don't let that dissuade you, keep at it.

  9. #9
    SBR Forum
    SBR Forum's Avatar Administrator
    Join Date: 12-02-06
    Posts: 4,551
    Betpoints: 993419

    Quote Originally Posted by 23Edler_Salo6 View Post
    Also.. can the individual provide consent for SBR to discuss his file?
    He did. They didn't care.

    He even CCed SBR on one of his many emails.

  10. #10
    VegasInsider
    Update your status
    VegasInsider's Avatar Become A Pro!
    Join Date: 12-12-10
    Posts: 14,593
    Betpoints: 18

    Quote Originally Posted by 23Edler_Salo6 View Post
    RAS?


    Also.. can the individual provide consent for SBR to discuss his file?
    Right Angle Sports, the absolute best (with years of transparent documentation) college basketball service. Ever. Hands down and it's undisputed by professionals and fellows services. Edward (believe his last name is Golden) continues to beat the book, but it's also impossible to get his number since all the books subscribe to his service too. It seems like this guy found a shop that wasn't quick enough to react to RAS's line moves and he took advantage. Good for him, all he did was place wagers. It's 99.99% that he was an RAS subscriber and got the email/text/website alert. Prob one of the only customers to get Edward's actual number
    Points Awarded:

    23Edler_Salo6 gave VegasInsider 2 Betpoint(s) for this post.


  11. #11
    VegasInsider
    Update your status
    VegasInsider's Avatar Become A Pro!
    Join Date: 12-12-10
    Posts: 14,593
    Betpoints: 18

    So was this BTC Book upset that he kept beating the number? Seeing his balance, he must have been doing alright. Maybe they were tired of losing?

    Interesting case.

  12. #12
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,760
    Betpoints: 9137

    What happens at other books with RAS bettors?

    Do they just let them bet it at worse odds or turf them out?

  13. #13
    VegasInsider
    Update your status
    VegasInsider's Avatar Become A Pro!
    Join Date: 12-12-10
    Posts: 14,593
    Betpoints: 18

    Quote Originally Posted by Optional View Post
    What happens at other books with RAS bettors?

    Do they just let them bet it at worse odds or turf them out?
    When books first started catching on (back when he went full season, sides and totals & reasonable rates) they would just take the game off the board. As technology and books got a little better, now they just start moving the line when they get action (and I'm assuming they're all subscribers). Nowadays, books just let them bet at worse odds and essentially try to take away the players edge.

    Back when RAS was running REALLY good, he was a primarily a Totals player and he's pretty much the reason that most books don't offer totals early in the season. 5Dimes does enough volume worldwide that they can post totals early and often. A lot of the smaller books (and even Heritage) only post totals for national TV games, big games or just post their totals an hour or two before tip.

    RAS still has a pretty solid following but he tried to "weed out" the casual bettors after they complained too much about not getting the posted number. Edward has said that he only wants clients that are serious about this, have the time and OUTS to get the best number available. It's my belief this is also why he raised his rates to such a level. It takes a serious player to pay his number.
    Points Awarded:

    Optional gave VegasInsider 15 Betpoint(s) for this post.


  14. #14
    LordVodka
    LordVodka's Avatar Become A Pro!
    Join Date: 08-17-09
    Posts: 5,206
    Betpoints: 156

    I've said this before and I'll say it again.

    Just because the method of depositing by bitcoin is supposed to be easier doesn't mean they won't stiff you.

  15. #15
    boondoggle
    99.82% of forum posters are idiots
    boondoggle's Avatar Become A Pro!
    Join Date: 09-29-10
    Posts: 3,014
    Betpoints: 61

    I would ike to hear more as that book has paid me out without any question NUMEROUS times. There is something we do not know as this book is the oldest bitcoin book and always pays out. What I find interesting is that they paid the dude 23k. Why stiff him 6k?

    The only bitcoin book I will not play at is bitcoinsports.eu. This site is having problems and I would advise all people to avoid until payouts resume.

  16. #16
    warbux
    warbux's Avatar Become A Pro!
    Join Date: 11-16-13
    Posts: 896
    Betpoints: 3369

    What I wanna know is how does this sportsbook react to the price fluctuating constantly/drastically. Lets say you lock in a bet for $800 worth of bitcoin. 2 Days later the price of bitcoin drops dramatically but you win your bet. Do they pay you at the value when you placed your bet or what it is currently?

  17. #17
    byronbb
    byronbb's Avatar Become A Pro!
    Join Date: 11-13-08
    Posts: 3,067
    Betpoints: 2284

    A lot of these guys dont know jack about sports betting or booking action. I am sure they have no idea what kind of bankroll is required not to get buried. I am suprised we havent had more incidents like this one. One thing the books like about difficult payment processing is they can basically run a ponzi, paying out winners with new deposits. Some bitcoin books dont even hold player balances, they just payout each bet automatically back to the deposit address, so they must have a large bankroll all the time to facilitate withdrawals. Banks do the same thing. If everyone went to the bank to get their money it would be "sorry we dont have enough". This is what buried Full Tilt Poker, and why pokerstars has segregated accounts where ALL deposits are actually on hand to payout each player.

  18. #18
    BIGDAY
    angelman.org
    BIGDAY's Avatar SBR PRO
    Join Date: 02-17-10
    Posts: 48,241
    Betpoints: 24866

    Opie1988 subscribes to RAS. PM him and he'll forward anyone who wants the picks.

  19. #19
    Legions36
    Legions36's Avatar Become A Pro!
    Join Date: 12-17-10
    Posts: 3,032
    Betpoints: 7744

    Quote Originally Posted by jjgold View Post
    I have said since day 1 you deserve to get stiffed at bitcoin books

    How dumb are gamblers??

    Bitcoin books are a scam
    Umm 2 minutes after this thread was made here u are, SBR troll #1. U guys be the judge.

  20. #20
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Never understood why guys play at sucker books where you will have issues

    Is it the $50 bonus you desperately need??
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: Stumpage

  21. #21
    TheKLB
    TheKLB's Avatar Become A Pro!
    Join Date: 09-26-12
    Posts: 173
    Betpoints: 636

    Quote Originally Posted by warbux View Post
    What I wanna know is how does this sportsbook react to the price fluctuating constantly/drastically. Lets say you lock in a bet for $800 worth of bitcoin. 2 Days later the price of bitcoin drops dramatically but you win your bet. Do they pay you at the value when you placed your bet or what it is currently?
    Bitcoin is a currency. You bet .1 BTC and you win whatever BTC is the payout. Then you convert it to FIAT (USD)

  22. #22
    Legions36
    Legions36's Avatar Become A Pro!
    Join Date: 12-17-10
    Posts: 3,032
    Betpoints: 7744

    Quote Originally Posted by jjgold View Post
    Never understood why guys play at sucker books where you will have issues

    Is it the $50 bonus you desperately need??
    So i guess u bookmark these bitcoin threads so u can be the first to respond anything not good. Keep up the good work.

  23. #23
    zizoudane10
    SPECIAL MODERATOR
    zizoudane10's Avatar Become A Pro!
    Join Date: 03-27-12
    Posts: 7,276
    Betpoints: 287

    Don't want to watch a 5 minute video tbh...

    Cliffs?

    Any reasoning behind it, or just stiffing the player?

  24. #24
    Bill Dozer
    @BillDozer110
    Bill Dozer's Avatar Become A Pro!
    Join Date: 07-12-05
    Posts: 10,894
    Betpoints: 21705

    Quote Originally Posted by VegasInsider View Post
    I knew those plays look familiar. They were RAS plays on 11/29 (I'm assuming which is why they closed his account)

    11/29/2013 Vermont at San Francisco (-2.5) 1.00 UNIT 61-72 WIN -4.5 +2.0
    11/29/2013 Northern Arizona vs CS Bakersfield (-4.5) 1.00 UNIT 50-61 WIN -7.0 +2.5
    11/29/2013 Virginia at Southern Methodist (+6) 1.00 UNIT 76-73 WIN 5.0 +1.0
    11/29/2013 Pepperdine (+7.5) vs Denver 1.00 UNIT 68-56 WIN 5.5 +2.0
    It looks like one of two things happened... They didnt like he played moves or more than one bettor was playing RAS and they didnt like all the action on one side. Im guessing it was simply #1. In the end it doesn't matter why. Scam book pretending they have some reason for doing it that they can't tell the customer about which is ridiculous.

    Anyone who looks up this book brand is going to see this complaint unless they decide to pay. It also hurts all the books doing anonymous bitcoin booking but that might be inevitable. The novelty of the bitcoin-only bookie idea will wear off and people will avoid them. These guys can do fly by night all over the world like the old days.

  25. #25
    VegasInsider
    Update your status
    VegasInsider's Avatar Become A Pro!
    Join Date: 12-12-10
    Posts: 14,593
    Betpoints: 18

    Quote Originally Posted by Bill Dozer View Post
    It looks like one of two things happened... They didnt like he played moves or more than one bettor was playing RAS and they didnt like all the action on one side. Im guessing it was simply #1. In the end it doesn't matter why. Scam book pretending they have some reason for doing it that they can't tell the customer about which is ridiculous.

    Anyone who looks up this book brand is going to see this complaint unless they decide to pay. It also hurts all the books doing anonymous bitcoin booking but that might be inevitable. The novelty of the bitcoin-only bookie idea will wear off and people will avoid them. These guys can do fly by night all over the world like the old days.
    I agree. Seems like they didn't like he was on the "right" side. From what I read in the report, it seems like this customer got the exact lines that RAS got. The book is obviously slow to the game and got pissed when he had a great number and went 4-0. If he goes 2-2, this probably doesn't happen. Very unfortunate but just an example of "fly by night" books. Good post, Bill

  26. #26
    Jim_Gunn
    Update your status
    Jim_Gunn's Avatar Become A Pro!
    Join Date: 11-19-13
    Posts: 542

    One advantage of Bitcoin is that the sportsbook pays you back to your email nearly immediately after your wager with every transaction. Not like regular sportsbooks where they keep your currency balance that you have to request a payment every month or whenever you want. I know at least one of the online Bitcoin sportsbooks has stiffed players but there are others that haven't. I think it has some potential. You can read reviews and give feedback directly to the owners of a couple of the popular online Bitcoin sportsbooks on the official Bitcoin forum.

  27. #27
    Bill Dozer
    @BillDozer110
    Bill Dozer's Avatar Become A Pro!
    Join Date: 07-12-05
    Posts: 10,894
    Betpoints: 21705

    Quote Originally Posted by VegasInsider View Post

    I agree. Seems like they didn't like he was on the "right" side. From what I read in the report, it seems like this customer got the exact lines that RAS got. The book is obviously slow to the game and got pissed when he had a great number and went 4-0. If he goes 2-2, this probably doesn't happen. Very unfortunate but just an example of "fly by night" books. Good post, Bill
    A lot of these bitcoin books are groups we would already know if the curtains were pulled back. We are going to do a Bitcoin section soon and research them. They aren't as anonymous as they think they are... At least in the sense of if they are on the same platform as a blacklisted book.

  28. #28
    lakerboy
    lakerboy's Avatar SBR PRO
    Join Date: 04-02-09
    Posts: 94,057
    Betpoints: 7635

    Quote Originally Posted by vegasinsider View Post
    right angle sports, the absolute best (with years of transparent documentation) college basketball service. Ever. Hands down and it's undisputed by professionals and fellows services. Edward (believe his last name is golden) continues to beat the book, but it's also impossible to get his number since all the books subscribe to his service too. It seems like this guy found a shop that wasn't quick enough to react to ras's line moves and he took advantage. Good for him, all he did was place wagers. It's 99.99% that he was an ras subscriber and got the email/text/website alert. Prob one of the only customers to get edward's actual number


    just stop. Ras has barely hit enough to make money te last 4 years.

  29. #29
    Bill Dozer
    @BillDozer110
    Bill Dozer's Avatar Become A Pro!
    Join Date: 07-12-05
    Posts: 10,894
    Betpoints: 21705

    Quote Originally Posted by lakerboy View Post



    just stop. Ras has barely hit enough to make money te last 4 years.
    I'm not a fan of services but it depends on how you use them. If RAS #s are moving lines, win or lose the info is valuable. He has 2 types of subscribers... those who want action but don't trust their coin flips and those playing the market.

  30. #30
    bigboydan
    bigboydan's Avatar Become A Pro!
    Join Date: 08-10-05
    Posts: 55,425

    Quote Originally Posted by greenhippo View Post
    Dan, I buried you, just yesterday. Why can't your brain process information like that of a normal person? Do you think it's comical or endearing that you continually are the last one to understand things? It's not even hard, this is all done in text, if you're in the middle of your daily struggling to comprehend; breathe, take a break, come back and reread it. Sure, it may take you half a dozen times when even the dimmest of posters here get it on the first try but don't let that dissuade you, keep at it.
    First things first.... I never played these reindeer games everyone does so I don't know how it works. I treated this like a real job and if I had any questions about things I asked what the correct protacall was and always remained neutral.


    You know it's funny I always took the high road even and you and others still hunted me down on the grid for years and stole all my concepts and passed them off as your own to the point you pissed me off so bad that I want to create and hand over a master ghost list over to the feds along with precise details. Does that give you an indication just how far over the top you went to provoke me to even think about considering this option?

    See that conspircy badge I'm sporting right now.... Here's a tip for everyone.... decrypting it in real time and dedicating it you.


    Say anything you want about me because at this point I don't care however, remember this... It wont be pretty because you can't defend it or know whats coming.

    All I have to say is IF I don't receive it on the 16th then I'll start "swinging" for the fences too.

    R.I.P. PO69





  31. #31
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2368

    I might go to federal prison for ghosting as Kraken???


    shit

  32. #32
    noyb
    noyb's Avatar Become A Pro!
    Join Date: 09-13-05
    Posts: 971
    Betpoints: 6821

    Quote Originally Posted by bigboydan View Post
    First things first.... I never played these reindeer games everyone does so I don't know how it works. I treated this like a real job and if I had any questions about things I asked what the correct protacall was and always remained neutral.


    You know it's funny I always took the high road even and you and others still hunted me down on the grid for years and stole all my concepts and passed them off as your own to the point you pissed me off so bad that I want to create and hand over a master ghost list over to the feds along with precise details. Does that give you an indication just how far over the top you went to provoke me to even think about considering this option?

    See that conspircy badge I'm sporting right now.... Here's a tip for everyone.... decrypting it in real time and dedicating it you.


    Say anything you want about me because at this point I don't care however, remember this... It wont be pretty because you can't defend it or know whats coming.

    All I have to say is IF I don't receive it on the 16th then I'll start "swinging" for the fences too.

    R.I.P. PO69




    why not just stay on-topic, and post your childish little fights nodody cares about somewhere else.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: retard

  33. #33
    bigboydan
    bigboydan's Avatar Become A Pro!
    Join Date: 08-10-05
    Posts: 55,425

    Quote Originally Posted by Chi_archie View Post
    I might go to federal prison for ghosting as Kraken???


    shit

  34. #34
    Chi_archie
    GASPING FOR AIR
    Chi_archie's Avatar SBR PRO
    Join Date: 07-22-08
    Posts: 63,130
    Betpoints: 2368

    Quote Originally Posted by bigboydan View Post
    Dan don't do it

    I beg you

    I know the FEDS are really hot and heavy about wanting a master ghost list of SBR posters, they want it almost as bad as Pavyracer

    but you can't give that kind of incriminating evidence up.

  35. #35
    bigboydan
    bigboydan's Avatar Become A Pro!
    Join Date: 08-10-05
    Posts: 55,425

    Quote Originally Posted by Chi_archie View Post
    Dan don't do it

    I beg you

    I know the FEDS are really hot and heavy about wanting a master ghost list of SBR posters, they want it almost as bad as Pavyracer

    but you can't give that kind of incriminating evidence up.
    Sure I can sir. I mean if people are going to hunt me down on the grid and steal my concepts. Then turn around and call me crazy then why not.

12 Last
Top