Bitcoin sportsbook BTCSportsBet refuses to pay $6,700

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  • SBR Natalie
    SBR Wise Guy
    • 03-19-12
    • 885

    #1
    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!

    <iframe src="http://www.sbrforum.com/video/embed/?videoId=17943" allowfullscreen="" width="560" frameborder="0" height="330"></iframe>
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    I have said since day 1 you deserve to get stiffed at bitcoin books

    How dumb are gamblers??

    Bitcoin books are a scam
    Comment
    • bigboydan
      SBR Aristocracy
      • 08-10-05
      • 55420

      #3
      Hi Shari
      Comment
      • greenhippo
        SBR Hall of Famer
        • 02-15-12
        • 9091

        #4
        Is that Nat in the jersey pic?
        Comment
        • bigboydan
          SBR Aristocracy
          • 08-10-05
          • 55420

          #5
          Originally posted by greenhippo
          Is that Nat in the jersey pic?
          What do you think.

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

          Comment
          • VegasInsider
            SBR Posting Legend
            • 12-12-10
            • 14593

            #6
            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
            Comment
            • 23Edler_Salo6
              SBR High Roller
              • 02-08-12
              • 200

              #7
              Originally posted by VegasInsider
              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?
              Comment
              • greenhippo
                SBR Hall of Famer
                • 02-15-12
                • 9091

                #8
                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.
                Comment
                • SBR Forum
                  Administrator
                  • 12-02-06
                  • 4558

                  #9
                  Originally posted by 23Edler_Salo6
                  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.
                  Comment
                  • VegasInsider
                    SBR Posting Legend
                    • 12-12-10
                    • 14593

                    #10
                    Originally posted by 23Edler_Salo6
                    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
                    Comment
                    • VegasInsider
                      SBR Posting Legend
                      • 12-12-10
                      • 14593

                      #11
                      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.
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 61747

                        #12
                        What happens at other books with RAS bettors?

                        Do they just let them bet it at worse odds or turf them out?
                        .
                        Comment
                        • VegasInsider
                          SBR Posting Legend
                          • 12-12-10
                          • 14593

                          #13
                          Originally posted by Optional
                          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.
                          Comment
                          • LordVodka
                            SBR Hall of Famer
                            • 08-17-09
                            • 5206

                            #14
                            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.
                            Comment
                            • boondoggle
                              SBR MVP
                              • 09-29-10
                              • 3014

                              #15
                              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.
                              Comment
                              • warbux
                                SBR Wise Guy
                                • 11-17-13
                                • 896

                                #16
                                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?
                                Comment
                                • byronbb
                                  SBR MVP
                                  • 11-13-08
                                  • 3067

                                  #17
                                  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.
                                  Comment
                                  • BIGDAY
                                    SBR Aristocracy
                                    • 02-17-10
                                    • 48245

                                    #18
                                    Opie1988 subscribes to RAS. PM him and he'll forward anyone who wants the picks.
                                    Comment
                                    • Legions36
                                      SBR MVP
                                      • 12-17-10
                                      • 3032

                                      #19
                                      Originally posted by jjgold
                                      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.
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388179

                                        #20
                                        Never understood why guys play at sucker books where you will have issues

                                        Is it the $50 bonus you desperately need??
                                        Comment
                                        • TheKLB
                                          SBR High Roller
                                          • 09-26-12
                                          • 173

                                          #21
                                          Originally posted by warbux
                                          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)
                                          Comment
                                          • Legions36
                                            SBR MVP
                                            • 12-17-10
                                            • 3032

                                            #22
                                            Originally posted by jjgold
                                            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.
                                            Comment
                                            • zizoudane10
                                              SBR Hall of Famer
                                              • 03-27-12
                                              • 7272

                                              #23
                                              Don't want to watch a 5 minute video tbh...

                                              Cliffs?

                                              Any reasoning behind it, or just stiffing the player?
                                              Comment
                                              • Bill Dozer
                                                www.twitter.com/BillDozer
                                                • 07-12-05
                                                • 10894

                                                #24
                                                Originally posted by VegasInsider
                                                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.
                                                Comment
                                                • VegasInsider
                                                  SBR Posting Legend
                                                  • 12-12-10
                                                  • 14593

                                                  #25
                                                  Originally posted by Bill Dozer
                                                  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
                                                  Comment
                                                  • Jim_Gunn
                                                    SBR Wise Guy
                                                    • 11-20-13
                                                    • 542

                                                    #26
                                                    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.
                                                    Comment
                                                    • Bill Dozer
                                                      www.twitter.com/BillDozer
                                                      • 07-12-05
                                                      • 10894

                                                      #27
                                                      Originally posted by VegasInsider

                                                      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.
                                                      Comment
                                                      • lakerboy
                                                        SBR Aristocracy
                                                        • 04-02-09
                                                        • 94379

                                                        #28
                                                        Originally posted by vegasinsider
                                                        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.
                                                        Comment
                                                        • Bill Dozer
                                                          www.twitter.com/BillDozer
                                                          • 07-12-05
                                                          • 10894

                                                          #29
                                                          Originally posted by lakerboy



                                                          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.
                                                          Comment
                                                          • bigboydan
                                                            SBR Aristocracy
                                                            • 08-10-05
                                                            • 55420

                                                            #30
                                                            Originally posted by greenhippo
                                                            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




                                                            Comment
                                                            • Chi_archie
                                                              SBR Aristocracy
                                                              • 07-22-08
                                                              • 63172

                                                              #31
                                                              I might go to federal prison for ghosting as Kraken???


                                                              shit
                                                              Comment
                                                              • noyb
                                                                SBR Wise Guy
                                                                • 09-13-05
                                                                • 971

                                                                #32
                                                                Originally posted by bigboydan
                                                                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.
                                                                Comment
                                                                • bigboydan
                                                                  SBR Aristocracy
                                                                  • 08-10-05
                                                                  • 55420

                                                                  #33
                                                                  Originally posted by Chi_archie
                                                                  I might go to federal prison for ghosting as Kraken???


                                                                  shit
                                                                  Comment
                                                                  • Chi_archie
                                                                    SBR Aristocracy
                                                                    • 07-22-08
                                                                    • 63172

                                                                    #34
                                                                    Originally posted by bigboydan
                                                                    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.
                                                                    Comment
                                                                    • bigboydan
                                                                      SBR Aristocracy
                                                                      • 08-10-05
                                                                      • 55420

                                                                      #35
                                                                      Originally posted by Chi_archie
                                                                      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.
                                                                      Comment
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