Fairlay but the interface is poor and limits depend on their market makers.
Betcoin but they are quick to limit and I mean like micro limits.
Betcoin but they are quick to limit and I mean like micro limits.
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If you're betting the Preakness or other horse races, Nitrobetting is nice for that. 10% daily rebates.Comment -
Do any of these bitcoin books offer deposit and/or reload bonuses? I remember looking at a couple of them when they first popped up and they didn’t offer anything unless that’s changed?Comment -
What is this mili bitcoin they use. Find it confusing.Comment -
What is the latest with Nitrobetting.eu?
Are they considered safe to have funds with?Comment -
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Nitrobetting no fees on LTC withdrawals.
Good to see Nitrobetting added LTC with no fees for withdrawals. BTC fees are crazy.Comment -
Nitrobetting.eu
Nitrobetting.eu is falsifying betting history in order not to pay football year end rebates. This shady book screwing over their customers. Screwed me out over 25,000 dollarsComment -
Curious what percentage and what was there dealComment -
Wonder what the chances of winning a lawsuit against them in Costa Rica is? They do owe you the money if you have proof of the terms.Comment -
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I'm reading some of my old posts and found thisTalking Nitrobetting they have up to a 15% rebate for the NFLComment -
Dear ,
I trust this email finds you well. My name is Russell, and I am the manager of the Loyalty Team. I am reaching out to provide you with an update on your NFL Rebate inquiry.
Upon conducting a thorough review of your account, I observed that between August 26th, 2023, and January 7th, 2024, you actively participated in football action for 14 out of the 20 weeks. Unfortunately, the minimum requirement for eligibility was 15 weeks. Specifically, your account reflected football action in the following weeks:3,4,5,6,7,8,9,10,12,14,15,16,17,18 , and 19 . However, missed football action on your account during weeks: 1,2,11,and 13.
Besides, your total Net Loss, during these period, amounts to 18.32mBTC. Unfortunately, the minimum amount required to qualify for the NFL Rebate is 250mBTC, and as such, you do not meet the minimum criteria to receive the rebate.
It is important to note that eligibility for the NFL Rebate is determined solely based on your participation in NFL and College football.
Here are the key details considered in the calculation:
All action on game lines, halves, and quarters, whether pre-match or live options for college football and NFL matches.
All wager types, including straights and combo bets, were factored into the calculation.
For losing bets, the rebate considers the risk amount, while for winning bets, the winning amount is deducted without the risk figure. These amounts are aggregated for the specified timeframe.
The rebate amount is then multiplied by the percentage specified by the ranges published in our promotion rules, based on your Football rebate grand total:
Losses Ranking mBTC, Rebate Percentage:
250 – 499.99 = 5%
500 – 999.99 = 7%
1,000 – 1,999.99 = 10%
2,000 = 15%
I hope this information clarifies any inquiries you may have.
I appreciate your understanding in this matter, and if you have any questions or concerns, please feel free to reach out. Thank you for your continued loyalty.
Best Regards,
Russell
this is the email that they sent me. it is factually incorrect. I bet NFL games every day of the regular season. also, the rebate scale is very different than was advertised in August before the season began.Comment -
Do you have any record of any type to show what you bet at Nitro during weeks 1, 2, 11 and 13?
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Nitrobetting.eu not honoring posted racebook rebates
- We do offer rebates, but they are of poker. You are correct, on the website, on the bonus section, still appears the racebook rebate. I will report this situation, so we can update the website.
- i just copied that off your website
- what?
[COLOR=rgba(9, 30, 66, 0.54)]24 minutes ago[/COLOR]
[COLOR=rgba(9, 30, 66, 0.54)]Lucy[/COLOR]
I completely understand, but I am reporting this to the developers so they can remove that from the website since it is not updated. Thank you very much for bringing this to our attention!
- you need to pay for the racebook rebate
Comment - We do offer rebates, but they are of poker. You are correct, on the website, on the bonus section, still appears the racebook rebate. I will report this situation, so we can update the website.
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They have a term to try to cover themselves doing this;
Yet they also have still have the horse rebate offer in those same terms which they say are the last word on site rules.
I think your best option for the next step is to email help@nitrobetting.eu (not live chat) with an estimate of what you believe you are owed and ask for a manager to review the situation..Comment -
ok, so i got this resolved. this is the email i received.
Hope this contact finds you well.
My name is Renzo, part of the management team here at Nitrobetting.eu.
Your case was brought to me and I decided to review and send you an email with the actions taken.
You are correct, if the website still shows the Racebook rebate we should honor that, I am sorry for the inconvenience the removal of the benefit is causing you.
We already request the team in charge of the website to take care of this as soon as possible.
Platform wise, I am unable to make any credit as a Rebate but let me tell you what I did.
We went ahead and credited your account with 10 Mbtc.
This is us accepting our error and also expressing our respect for you and the time invested in to reporting this.
Funds are ready, you can use them at your convenience.
Even though we are no longer offering the Rebate as one of the benefits of playing with us you can from time to time ask the staff to escalate your account for a bonus review with management, we will be glad to see on the overall numbers in the account and if there is any room for perks we will be glad to proceed accordingly.
Again, thank you for your time and preference to the brand.
Best regards.
Renzo
Management Team Nitrobetting.euComment -
Great response. Glad to see they agreed and looked after you.
Thanks for updating the thread
.Comment -
Hats off to Nitrobetting - an interesting and cautionary tale
I have not posted here in maybe 2 years.
Today I post about the experience of my colleague with Nitrobetting.
You might describe my colleague as a high roller. Not because his stakes are particularly large (his average stake might be between 100 and 150 USD) but because of his dedication to executing his wagering method (24/7 as the opportunities arise) and his ability to build up a huge bankroll at a bookmaker with whom his method works.
In summary, over the course of around 3 years he amassed approximately 4 BTC at Nitrobetting. I write this on 13th March 2024 so anyone here can make the simple calculation of what that is worth today.
My colleague's method is excellent - and he is a briliant bettor and gambler. But his bank roll management is terrible - in that he allowed a 4 BTC balance to build up at Nitro without a single withdrawal. To be fair to him, he was caught out by the recent doubling of BTC value, although even had it stayed around 35K his balance at a single book was way too large (his average balance at other books is around 20K USD).
The entire Nitro balance represented approx one third of his total bookie balance and crypto stack - devastating to lose it.
So, my colleague had to withdraw. The max wd at Nitro is 1.5 BTC but he did his withdrawals in significantly lower chunks. The reasoning was that if any one withdrawal had an issue (e.g. Nitro claimed to execute it but it did not arrive / some kind of address transcription issue / some other unforseen issue) he would lose only a percentage of his stack and not 1.5/4 = 37.5% of it in a single transaction. In addition he had recently been somewhat limited at Nitro and wanted to withdraw the lot - but give the appearance that this was not his intention - just in case this made a difference to the chances of successfully withdrawing.
Anyone who is familiar with Nitro knows of the terror of the " Your Withdrawal Status" email from Nitro. "Your withdrawal has been selected for a random security review". Even if you have done nothing wrong, when large sums are involved this is terrifying. He considered, for example, the possibility that he had committed some kind of unintentional transgression that would cause Nitro's "security review" to flag up some kind of issue that resulted in Nitro refusing to pay.
The first, second and thrid withdrawals were successful and each review lasted approx 24 hours after which he was paid. The next review lasted several days - around 5 days. This seemed illogical as nothing had changed after the first few withdrawals. As each day passed my colleague's terror built but then after 5 days Nitro paid. Then all subsequent withdrawals had security reviews that lasted about 24 hours. I have changed the exact timings and numbers here to avoid any Nitro employee reading this from identifying his account - although it doesn't matter as he has drained his account and has a balance of 0 - and he has no intention of betting at Nitro again.
So in summary my colleague got all 4 BTC out - although during the 5 day 4th withdrawal ordeal he did not sleep properly (if that withdrawal had flagged up an issue he still had a significant portion of his stack at Nitro).
I am posting this not to chastise my colleague. As stated, his method is brilliant but his funds management was terrible and he walked eyes open into a huge risk position that was entirely avoidable. This time he was lucky and he has stated to me he has learned his lesson and will not allow this to happen again.
I am posting this to congratulate the Nitrobetting bookmaker for its honesty and integrity. Thank you Nitro for allowing my colleague to withdraw his 4 BTC without incident (contra Christian Bale in "Equilibrium").
Now then - although Nitro claims to be completely anonymous (I am sure I have seen the word "anonymous" used multiple times it its literature) I have seen certain cases on various forums where Nitro has asked for kyc and/or there have been some issues with withdrawing (although in the cases I am thinking of all clients got paid in the end).
Therefore, here is a list of things you must do (and things you must not do) when using Nitrobetting - if you want hassle free withdrawals:
1. Check t&c for any current country restrictions. If your country is restricted just forget about it. Don't try to work around this. If your country is not restricted then just in case jump on live chat "Hello. I am in country X. I see from your t&c that I can have an account. I am just checking". Then screenshot the reply.
2. Never multi account. Just don't do it. There are certain ways (depending on how you do it) that Nitro can work this out. I won't go into detail here but I think I know all the ways Nitro can either know or strongly suspect.
3. Never use a vpn with Nitro. In exceptional circumstances where you think you have to, go on live chat and explain your reasoning and ask permission. Screenshot the conversation. I would never use a vpn with Nitro unless for some extraordinary reason I needed it to withdraw - and as stated I would ask permission first and screenshot it. In any other case don't do it - even with explicit permission.
4. BTC - this is an interesting one. Your BTC needs to be "clean". I am sure a few years ago I saw a thread here where player B's withdrawal was being contested by Nitro. What happened was: Player A was limited at Nitro. Player A withdrew his BTC. Player A transferred from address X to address Y. Player B joined Nitro and deposited from address Y. Nitro noticed this and there were issues with player B as Nitro thought A and B were the same person. In the end both A and B were paid I recall. The issue is that B's BTC was not clean with respect to Nitro. Because Nitro had paid to address X, Nitro could see on the blockchain that X went to Y and B deposited from Y.
5. Always use the same device to access the Nitro site. I know this one is controversial but for me it is simply not worth the potential hassle to not obey this.
Obviously my colleague obeyed 1 to 5 above. He got paid his 4 BTC and executed an Andy Dufrense from Shawshank (Andy Dufresne - who crawled through a river of sh*t and came out clean on the other side) - referring to the 5 day reveiw.
In summary - I am very impressed with Nitrobetting. They are honest as long as you don't break the rules.
During those harrowing 24 hours (and 5 days) you can be sure they are checking 1 to 5 above - and other things that I suspect I know but will not write here.
Thanks for being honest Nitro. My colleague wishes your company all the best.
Thanks for reading.Last edited by SportsBettor74; 03-13-24, 03:21 PM.Comment -
Interesting post.
Nitro are an interesting proposition. I am 100% convinced that they are trustworthy and will pay in almost all circumstances. One circumstance where they did not pay was when the player was in a prohibited country, the player knew they were in a prohibited country and the player took active steps to disguise their location. Nitro gave the player his deposit back but not winnings (as far as I reacall). I find this outcome fair. There's a strong argument that Nitro should be rated A and not B.
The idea of an "anonymous" sportsbook presents issues IF Nitro want to adopt the soft book model and not the sharp (e.g. Pinnacle) model. In the case of Pinnacle, for example, early lines come out with a low limit (and behind the scenes Pinnacle has a total max they are willing to take on that line). So, for example, A -5 at 1.92 with max bet of $100. If you take that line for $100 then Pinnacle immediately reacts and you might see A -6 at 1.92 or A -5 at 1.84 (for example). It is possible that the exact way Pinnacle reacts depends upon the profile of the account (sharp or mug punter). This kind of behaviour is that of a sharp book.
Soft books do not adjust like this - or they take their time to react. Therefore soft books need to limit players - otherwise sharps will put them in a position where they can never balance their markets pre-kickoff and they will enter the match in a position where they have been beaten by the closing line. If a book is consistently beaten by the closing line they will lose money and eventually go broke. I believe that for years Nitro has behaved as a soft book but in recent times there is evidence that they have transitioned into a semi sharp book model.
The model whereby a book is truly anonymous and soft at the same time simply cannot work. I think this is self-evident but I can elaborate if required.
So - IF it is true that Nitro has transitioned to a (semi) sharp book THEN there are strong arguments that Nitro should re-assess its t&c: No need to limit players, no need to police vpn use, no need to have security reviews where OP's 1 to 5 (+ other things) are analysed (with the exception of the banned country issue - Nitro needs to police this or get into trouble with that country's regulator = potential fines or worse).
In my opinion this is the only model that can work for a truly anonymous book (as Nitro claims to be) and I hope Nitro completes its transition this way.
I have huge respect for and trust in Nitro and I am very glad the OP's colleague was paid.Comment -
Otters????Comment -
Nitrobetting on Odds Comparison Websites
I use an odds comparison website from time to time. Nitrobetting used to be on it but around 1 month ago they just disappeared.
Does anyone know of an odds comparison website where Nitrobetting lines appear today? I am wondering if it is just the site I use or if Nitrobetting has just stopped its feed to all comparison sites.Comment -
The site that I use used to have Nitrobetting odds but no longer. I would also be curious to know of any site that still has Nitro odds.Comment -
I can now see Nitro odds on my odds comparison site ok. Maybe they fixed their odds feed.
While I am here I have another Nitro question.
I used to have a "max bet" button on the betslip. You would click it and see your max bet in mBTC. But that button has now disappeared.
So now I might try 2 mBTC and this gets rejected. Then I try 1 mBTC and it gets accepted. So I know my max for that particular market is somewhere between 1 and 2 mBTC.
The problem is that Nitro are making me guess with no counter offer in mBTC. This wastes my time and Nitro's time. It would be better if I could see the max bet button or at least they make me a counter offer if my bet is too high.
Can anyone reading this still see the max bet button or has it been removed for all customers?Comment
