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Showing 20 of 184 results by coinjedi
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Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 13/05/2013, 03:06:11 UTC
Back to the site's basic service

why are withdrawls disabled?

"Your request can not be completed at this time. We are working hard to fix it. Please, try again later.
Your Bitcoins and data are safe and backed up regularly."

been doing that for days

Withdrawals are not disabled. We'll check our logs. If the problem persists can you PM me your OS and browser. Thanks for letting us know. Also I can generate a withdrawal for you right away if you want.
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Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 05/05/2013, 19:03:52 UTC
Probably made the assumption that the device shipped met the criteria, and thus the outcome known at this point.  I'm presuming what shipped doesn't meet the criteria thus the bet should remain open (as there could be et another product shipped before the deadline that does meet the criteria).

Exactly. The bet should have remained open. coinjedi, any answer on that?

We do not always close bets when the outcome is absolutely certain. For example we close a bet on a product shipping date, when the company announces an official shipping date, but we do not payout until they actually do. We judged that in this case starting of the initial batch releases significant enough information for the purposes of closing the bets. Initial reports tell that the performance does not meet the criteria, so we will wait until the announced event date in case they ship another product.

If you are the submitter and think that our decision is unreasonable, please contact in private and we will reimburse your submission fee. If you would like to continue betting on this event please submit a new statement so that the betting can continue under the new conditions.
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Topic
Board Scam Accusations
Re: coinjedi / betsofbitco.in SCAMMERS: Declares "Push" on obvious win for BFL bet
by
coinjedi
on 03/04/2013, 11:49:14 UTC
Our reasoning is already on the page, so I will not repeat it here. We do our best to judge by the user written descriptions of statements. Unfortunately sometimes the outcome is not as unambiguous as we want. I guess that is why lawyer-talk evolved to be so convoluted. This particular case does not meet the unambiguity criteria we set ourselves.

Everybody got their full bet back, including the original submission fee. We could choose to select one side and earn a significant commission, enough to buy a nice laptop these days, but we didn't.

I respect everybody who thinks that we didn't judge well enough, but scamming is a different matter. I hope at least some of the bettors understand and respect our decision when the dust settles.
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Board Hardware
Re: First BFL ASIC!
by
coinjedi
on 03/04/2013, 02:12:14 UTC
We have carefully examined both sides of the argument. First of all, on our site title is definitely part of the agreement. We do not count the current status as BFL "shipping" the products, therefore other bets are still open. On the other hand the conditions in the description are met. Unfortunately the statement description, as it is written, can be interpreted as complementary conditions to shipping for more clear evidence or the definition of shipping. As much as we would like to settle the bet on one side (as we would earn a significant commission) we do not think that the situation is unambiguous under these circumstances which would be very hard to foresee at the time of statement initiation. As we have been doing before, we will continue to call a draw if there is a such an ambiguity. All the bets will be refunded without any commission.
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Board Hardware
Re: First BFL ASIC!
by
coinjedi
on 02/04/2013, 03:12:00 UTC
Hello everyone,

As it is part of running a betting service, sometimes we have to make some decisions that will not please all of our users. This is certainly one of these cases. I agree that the bet description statements are barely satisfied but the bet is actually on "shipping" of a commercial product. To the best of our judgment the pictured device is still an internal development unit within the company premises, even if it is somehow "owned" by a non-employee. As far as I can see even BFL doesn't officially claim shipping. Under these circumstances we can not rule the statement as false. Our decision is currently not final and we will be listening your input for a few days before the final decision. Feel free to raise your opinion.
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Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 02/04/2013, 02:12:31 UTC
I have been looking for info on betsofbitcoins, but didnt find it.Can someone explain me how much return I would get for 10btc on the current Mtgox 110$ bet? I dont get it. 6.5 say yes, 1.7 say no - so, I will get like 0.2x?

You can check the "How are the losing bets distributed?" question on our help page for an example.
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Topic
Board Scam Accusations
Re: https://betsofbitco.in/ Password Trouble. I'm not the only one.
by
coinjedi
on 02/04/2013, 00:11:34 UTC
I think we have gone through all the password reset requests of today, including this one. Currently we manually reset the passwords by asking some extra confirmations where makes sense. We typically respond within 24 hours to every request. Please contact us here or by site email if you have any issues.
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Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 26/03/2013, 14:11:16 UTC
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Topic
Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 26/03/2013, 13:19:43 UTC
But the bet against Chavez was accepted Wink
For Ass.Market creation the ability to bet,
like this : "This person will be no longer ruler of the Far-Far-Away after the rain this Tuesday" might be enough.

Which statement are you referring to:
http://betsofbitco.in/closed_search?q=chavez
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Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 25/03/2013, 23:17:32 UTC
"Pope Benedict XVI will die by the end of September 2013"
This can't be refused Grin

We do not accept bets on the death of individuals.
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Topic
Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 25/03/2013, 01:44:20 UTC
Hello,

I submitted a few bets, and it says that they are waiting approval. They have been waiting for approval for a while now. How long does it usually take?

Thanks

They are usually moderated within 24 hours. This weekend we were slow but everything is moderated by now. Thanks for your patience.
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Board Services
Re: [HIRING] Python/Django web developer
by
coinjedi
on 22/03/2013, 13:15:13 UTC
Bump.
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Topic
Board Services
Topic OP
[HIRING] Python/Django web developer
by
coinjedi
on 20/03/2013, 12:43:21 UTC
We are hiring a Python/Django developer paid by revenue sharing for our new project. If you are interested please PM for details.
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Topic
Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 02/03/2013, 06:03:07 UTC
Just initiated a withdrawal, and it was broadcast with no fee! I might have to wait a long time before some generous miner includes the transaction.

Please consider at least allowing me to add a fee from my account for quick processing.

Thanks!

As a user I always like to have options too.

In this particular case we follow the fee suggestions of the Satoshi client. Fee is not the only factor for miners. Large transactions and old bitcoins in the account have priority as well. Client suggests a fee if the priority is low and it is automatically deducted from your account. So far we didn't have any issues with stuck transactions. Let us know if you think the transactions take too long.
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Topic
Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 28/02/2013, 18:43:06 UTC
Our service provider is having intermittent technical problems for the last few days. We are doing our best for uninterrupted service. Everything looks fine at the moment but let us know if you have any connection issues.
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Board Off-topic
Re: betsofbitco.in - beting site is not working
by
coinjedi
on 27/02/2013, 01:54:21 UTC
We are back!
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Topic
Board Service Discussion
Re: betsofbitco.in looks down
by
coinjedi
on 27/02/2013, 01:53:43 UTC
We are back!
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Topic
Board Service Discussion
Re: betsofbitco.in looks down
by
coinjedi
on 26/02/2013, 23:50:18 UTC
We hope to come back in a few hours. Please follow our Twitter account for updates.
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Topic
Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 24/12/2012, 05:56:40 UTC
Hi

Would it be a good idea to be able to post questions/remarks on specific statements?

For example I am looking at
" Existence of extraterrestrials to be officially confirmed by US government by the end of 2012", and I want to make sure we are talking about "Grey" alien-type stuff here, consciously visiting earth, not some sort of bacteria reaching earth from mars on an asteroid or whatever.  Seems like this is the intention, but I would not want to get screwed on technicalities.

Also, I am quite sure there is no way to lose money if your bet is correct, but a confirmation of this would ease my mind, I am not used to betting online Smiley.



You can always email or PM us if you need any clarification.

Description of the item says it requires ETs to "visit" Earth. Since "visiting" is a conscious act, such technicalities would not count.

Also there is no way to get less than what you put if you are on the right side. We only get a commission from the losing side, not the total bets.
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Topic
Board Service Announcements
Re: Bets of Bitcoin - Bitcoin betting on real world events
by
coinjedi
on 15/11/2012, 03:44:54 UTC
I hate to be a wet blanket on some light-hearted bet statements, but i don't think this bet statement is suitable for BetsOfBitco.in
 - http://betsofbitco.in/item?id=871

Technically, it should be disallowed because the outcome is easily manipulated.   

But even if it wasn't, the statement's scope is much too narrow in focus to be of interest to anyone except the two people in on the joke.


Well, I rejected it once but the submitter took effort to write it again and made it as precise as possible. Still not my favorite bet, but we try to accommodate everyone as long as it is precise enough. If you don't like it either, just ignore. The site is mostly for fun, don't over think.