Post
Topic
Board Scam Accusations
Re: BitBet Stole ~$7,000 from me (10 BTC)
by
octopus
on 22/11/2013, 21:59:56 UTC
Regardless of what you think of bitbet's behavior, this snackman guy is an asshole.  Is there a tag for that?

Mtgox price hits 750  (Bet is decided)
Nov. 18, 2013  21:25 GMT
http://api.bitcoincharts.com/v1/trades.csv?symbol=mtgoxUSD&start=1384809900


Nov. 18, 2013  21:42 GMT  (Snackman tries to rip off other bettors)
https://blockchain.info/tx/2af75fb4e50a14bf247575bf426615d01f9d6db4d88dc0668d27c88259f68691

Trying to bilk a parimutuel bet after the result is known is very scummy.


how many times does it have to be said? it is the responsibility of the POS system to prevent this.

it is no more of a scam than if i submitted a lottery ticket after the numbers had been announced. the lottery company would have to be really fucking stupid to award me the jackpot, and somebody would have to be really fucking stupid to claim i was trying to scam them.

it is trivial to stop taking bets once the bet has closed. it should be expected that some bets will receive wagers when closed. a proper POS system will handle this eventuality by refunding the coins.

unfortunately in this case, POS seems to stand for "piece of shit" rather than "point of sale"

so is this your business model? steal from people who use your site, then redistribute some of that money to "shareholders" (paid shills) to attempt to keep your reputation afloat by continually reposting arguments that have already been thoroughly deconstructed?