Quote from: deadweasel on November 21, 2013, 02:20:22 PM

Quote from: Beans on November 21, 2013, 07:37:53 AM

If they didn't receive your money until after betting was closed, then you didn't purchase anything. Whatever is written in the rules can't take away your consumer rights. If they don't provide the service paid for or send a refund it's just theft. There not protecting anyone by keeping the money, just lining there pockets.

The service is GAMBLING. GAMBLING is risky. When bets are time average weighted you must discourage late bets. Why?

Masses of idiots like you would spam the blockchain at the last possible second when the bet outcome is known, for even a 1% winnings. This screws early bettors and creates 95% of the work for bitbet admins for 5% of the customers. The same 5% of childish people that bitbet is discouraging, because they are the worst kind of customers.

This OPEN discouragement of late betting is clearly explained as such, in the faq.

You're telling me you went and sent 10btc, at the time, ~$8,000, without even reading the faq? And you're blaming others for this oversight?

This could be solved easily I think . Their rules could include this for ex: all bets entered 30 minutes before bet outcome is known will be cancelled and refunded with a 1%.
Is it? I'm not an expert on betting, correct me if I'm wrong.
But seems like they prefer to steal the money.

and FAQ says:

http://bitbet.us/faq/#152
What if I bet after the bet has been satisfied, but before it is actually closed?
Your bet will be refunded, minus BitBet's 1% fee.

Our bets were done BEFORE the bet was closed.