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Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long]
http://www.reddit.com/r/Bitcoin/comments/23gklz/coinbet_is_now_closed/
Obtaining information from as many forums as possible seems like a good idea as well.
Obtaining information from as many forums as possible seems like a good idea as well.
Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long]
Problems with CoinBet casino?
APRIL 19, 2014 3:02 PM / LEAVE A COMMENT
It has come to our attention that players are having problems with a bitcoin casino called CoinBet.cc, according to threads on BitcoinTalk.org
We will not be linking to them in this post, because we do not want to send an alleged scam site any traffic. However, in the spirit of full disclosure, CoinBet has previously advertised on this site, and paid for promotional posts on our feeds on reddit and other sites, but it is now our recommendation that players avoid depositing on CoinBet for the time being. We prefer not to jump to conclusions or put an advertiser on blast like this, but its not looking good for them right now.
UPDATE: It has now come to our attention that on the date of one of our recent press releases, one of Coinbets players coincidentally received an email from a Coinbet executive that just so happens to have the same name of BitcoinSources CTO. Its not clear at this time whether they actually have someone on staff with the same name, or if they just lifted the name directly out of our press release to lend legitimacy to their scam (the latter seems much more likely), but we are investigating either way and will post if we find more info. BitcoinSource has no affiliation with Coinbet, other than the fact that they purchased paid advertising on our news portal and feeds.
We highly recommend that the bitcoin community avoid Coinbet like the plague, and withdraw any funds deposited there immediately.
If anyone from Coinbet, or any one else with any info, would like to contact us with any information that could help in our investigation, please do so using the contact us page on this site. We would especially like to hear from John Bauer, the apparent owner of Coinbet and VP of operations, but we will not be holding our breath.
APRIL 19, 2014 3:02 PM / LEAVE A COMMENT
It has come to our attention that players are having problems with a bitcoin casino called CoinBet.cc, according to threads on BitcoinTalk.org
We will not be linking to them in this post, because we do not want to send an alleged scam site any traffic. However, in the spirit of full disclosure, CoinBet has previously advertised on this site, and paid for promotional posts on our feeds on reddit and other sites, but it is now our recommendation that players avoid depositing on CoinBet for the time being. We prefer not to jump to conclusions or put an advertiser on blast like this, but its not looking good for them right now.
UPDATE: It has now come to our attention that on the date of one of our recent press releases, one of Coinbets players coincidentally received an email from a Coinbet executive that just so happens to have the same name of BitcoinSources CTO. Its not clear at this time whether they actually have someone on staff with the same name, or if they just lifted the name directly out of our press release to lend legitimacy to their scam (the latter seems much more likely), but we are investigating either way and will post if we find more info. BitcoinSource has no affiliation with Coinbet, other than the fact that they purchased paid advertising on our news portal and feeds.
We highly recommend that the bitcoin community avoid Coinbet like the plague, and withdraw any funds deposited there immediately.
If anyone from Coinbet, or any one else with any info, would like to contact us with any information that could help in our investigation, please do so using the contact us page on this site. We would especially like to hear from John Bauer, the apparent owner of Coinbet and VP of operations, but we will not be holding our breath.
Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long]
I would also add that a book that accepts these kinds of deposits and has the wagering limits that allow for 10k bets, should be made accountable and obligated to PAY out when they do lose. Obviously. Any other train of thought is just asinine and moot. When it is determined that the site is then scamming and lying, what would you have people do then? Keep their mouth shut while other people get ripped off?
Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long]
Legions - why exactly are you defending a shady, scamming, piece of shit sportsbook? Plenty of other people had more money than $1600 on there, including me. And yet I don't give a flying fuck that he posted, because the longer this scam went on the longer more people are going to lose their money. Obviously all you care about is the $1600 you're not going to see (and likely wouldn't have anyhow), and not the greater good of the community. Look in the mirror and ask yourself who the greedy one is?
Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long]
Also please take a look at this link:
http://bitcoinsource.net/author/bitcoinsource/
Please note the prominence of Coinbet promotions on this page. It is fairly obvious to me there is a connection as OP alleged in the first post. If I had to guess, Coinbet is merely a larger front to fund this business with the intent to either 'Gox' a lot of people all over again, or simply to fund the exchange.
http://bitcoinsource.net/author/bitcoinsource/
Please note the prominence of Coinbet promotions on this page. It is fairly obvious to me there is a connection as OP alleged in the first post. If I had to guess, Coinbet is merely a larger front to fund this business with the intent to either 'Gox' a lot of people all over again, or simply to fund the exchange.
Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long]
If you search reddit you will find a few Coinbet promos created by 'bitcoinsource'. After a few months of OP haggling with Coinbet, he then deals with a 'Michael Carter'. It is likely no coincidence that around March 17th, CTO of DCE-24 Michael Carter launched the new 'Bitsource' bitcoin exchange platform. I imagine if we connect the dots we can do something here.
Re: Coinbet.cc -- $340,000 stolen, the worst 45 days of my life. [Long]
I too was never paid by this site. I posted in another thread and nothing ever came of it. I am curious if I can take legal action against them somehow. I am willing to invest heavily into this.
Someone referenced another case where apparently something came of it. Please include details on what happened.
I would also suggest we check into this 'Michael Carter' character and see what we can come up with.
Someone referenced another case where apparently something came of it. Please include details on what happened.
I would also suggest we check into this 'Michael Carter' character and see what we can come up with.
Three press events! Where are they? Maybe John Bauer knows. Now JACK Bauer, there's a man who could find out =).
NEW YORK, Jan. 23, 2014 /PRNewswire/ -- Starting today, sports bettors in the U.S. have the chance to win $1,000,000 in cash, a 2014 Mercedes S550, 20 4K Ultra HD TVs, or 200 other high value prizes in a Huge Super Bowl Giveaway sponsored by CoinBet® Interactive Gaming, S.A., the leader in bitcoin based online sportsbetting, casino gaming, and multi-player poker.
CoinBet®,the company credited with bringing online gambling back for U.S. residents in all states, facilitated by a BTC workaround, has announced that for every new account created on their site between now and February 2, 2014, there will be an added bonus! A BIG bonus. One that will change one lucky sports fan's life $1,000,000 in cold hard cash! The only "catch" is the winner must be at least 18 years of age, and be available for three press related events. A small price to pay for the HUGE $1,000,000 prize!
Media Contact:
John Bauer
Vice President
CoinBet® Interactive Gaming, S.A.
support@coinbet.cc
855-600-COIN (2646)
NEW YORK, Jan. 23, 2014 /PRNewswire/ -- Starting today, sports bettors in the U.S. have the chance to win $1,000,000 in cash, a 2014 Mercedes S550, 20 4K Ultra HD TVs, or 200 other high value prizes in a Huge Super Bowl Giveaway sponsored by CoinBet® Interactive Gaming, S.A., the leader in bitcoin based online sportsbetting, casino gaming, and multi-player poker.
CoinBet®,the company credited with bringing online gambling back for U.S. residents in all states, facilitated by a BTC workaround, has announced that for every new account created on their site between now and February 2, 2014, there will be an added bonus! A BIG bonus. One that will change one lucky sports fan's life $1,000,000 in cold hard cash! The only "catch" is the winner must be at least 18 years of age, and be available for three press related events. A small price to pay for the HUGE $1,000,000 prize!
Media Contact:
John Bauer
Vice President
CoinBet® Interactive Gaming, S.A.
support@coinbet.cc
855-600-COIN (2646)
From coinbet:
Not even close. CoinBet has bent over backwards for you despite your multiple terms of service violations and we're getting a bit tired of it. Now you go and say something like that, ANOTHER violation of our terms? Where do you think this is going? What do you think happens when you violate terms of service so many times? I'll let you do the math.
I like how asking for your rollover number is a "violation of terms". Coinbet is the only online sportsbook that threatens to terminate your account for posting in forums..meaning either post something positive or nothing at all! We aren't allowed to legitimately provide any sort of negative criticism without the threat of our accounts being closed. I hope everyone seems the problem with this.
* By joining CoinBet.cc, you agree to keep all experience, winnings, losses, payouts, disputes, and gameplay confidential and are forbidden from releasing any information publicly, including but not limited to, message boards, news agencies, forums, blogs, or other websites, without the express written consent of CoinBet.cc. Any information publicized without the express written consent of CoinBet.cc will result in immediate termination of the account in question and forfeiture of any winnings or account balances.
Please direct me to one other sportsbook that has such wording in its terms and conditions. It's so outlandish that people feel are unable to post their experiences in a "legit" book.
Additionally, who won the 1 million superbowl promotion? I'd like to think that would be great publicity for your site but I've been unable to track down anything on it. Only been a few months..
Not even close. CoinBet has bent over backwards for you despite your multiple terms of service violations and we're getting a bit tired of it. Now you go and say something like that, ANOTHER violation of our terms? Where do you think this is going? What do you think happens when you violate terms of service so many times? I'll let you do the math.
I like how asking for your rollover number is a "violation of terms". Coinbet is the only online sportsbook that threatens to terminate your account for posting in forums..meaning either post something positive or nothing at all! We aren't allowed to legitimately provide any sort of negative criticism without the threat of our accounts being closed. I hope everyone seems the problem with this.
* By joining CoinBet.cc, you agree to keep all experience, winnings, losses, payouts, disputes, and gameplay confidential and are forbidden from releasing any information publicly, including but not limited to, message boards, news agencies, forums, blogs, or other websites, without the express written consent of CoinBet.cc. Any information publicized without the express written consent of CoinBet.cc will result in immediate termination of the account in question and forfeiture of any winnings or account balances.
Please direct me to one other sportsbook that has such wording in its terms and conditions. It's so outlandish that people feel are unable to post their experiences in a "legit" book.
Additionally, who won the 1 million superbowl promotion? I'd like to think that would be great publicity for your site but I've been unable to track down anything on it. Only been a few months..
From Peep's Place own thread:
"A" rated books
Anonibet A
Betcoinsports A-
"B"rated books
Casinobitco.in B
Cloudbet B
CoinBet B
DirectBet
NitrogenSports B
SBObitcoin B-
"C" rated books
Bitbm C
"D" rated books
BTCSportsmatch
Jetwin
Bitcoinlivebets D-
"F" rated books
Bitcoinsport
Bitsaloon
StakeBTC
BitBook (closed)
Surely you must have done some research on these sites to be able to offer reviews for each one. Are you personally willing to put your own reputation on the line in saying Coinbet pays out to its customers and treats them fairly? Did your research miss that they had a data processing license even when they posted in a thread awhile ago? Please tell me your credentials, sir, so I can feel better about everything. Because as it stands, I feel like I'm getting the runaround. And that sinking pit in your stomach telling you something is wrong...yeah, it's not going away. I was born at night, that's true. But it wasn't last night.
"A" rated books
Anonibet A
Betcoinsports A-
"B"rated books
Casinobitco.in B
Cloudbet B
CoinBet B
DirectBet
NitrogenSports B
SBObitcoin B-
"C" rated books
Bitbm C
"D" rated books
BTCSportsmatch
Jetwin
Bitcoinlivebets D-
"F" rated books
Bitcoinsport
Bitsaloon
StakeBTC
BitBook (closed)
Surely you must have done some research on these sites to be able to offer reviews for each one. Are you personally willing to put your own reputation on the line in saying Coinbet pays out to its customers and treats them fairly? Did your research miss that they had a data processing license even when they posted in a thread awhile ago? Please tell me your credentials, sir, so I can feel better about everything. Because as it stands, I feel like I'm getting the runaround. And that sinking pit in your stomach telling you something is wrong...yeah, it's not going away. I was born at night, that's true. But it wasn't last night.
Just a couple questions.
Peeps Place - I've seen you say Coinbet is 'solid' in a few forum threads. What gives you the credibility to say this? Have you cashed out? Have friends cashed out? Are you aware that myself and other people are having trouble with this site .. or do you choose to ignore this?
Also, let's revisit a post from Coinbet in another thread:
"You're seriously an idiot and it's getting old. I told you numerous times we were licensed in Costa Rica. I never said we have a GAMBLING license in Costa Rica. Costa Rica does not issue gambling licenses, they issue data processing licenses (you're 100% incorrect when you say they do not).
...
You're intentionally trying to mislead our customers and it's not going to work.
As I've said before, you're an idiot and have no idea what you're talking about.
Quit wasting my time and go play in traffic or something, Alan."
A) This looks like they do indeed have a license of some kind. I would like to see said gaming license.
B) It also looks like they aren't exactly the most professional of companies when their public rep department is telling people to "go play in traffic". I am the owner of a civil engineering company and I can assure you, regardless of what a client/customer says..calling them an 'idiot' or telling them to 'playin traffic' is pretty much the WRONG approach. In light of this, Peep's Place, are you still on record as calling this company 'solid'?
Peeps Place - I've seen you say Coinbet is 'solid' in a few forum threads. What gives you the credibility to say this? Have you cashed out? Have friends cashed out? Are you aware that myself and other people are having trouble with this site .. or do you choose to ignore this?
Also, let's revisit a post from Coinbet in another thread:
"You're seriously an idiot and it's getting old. I told you numerous times we were licensed in Costa Rica. I never said we have a GAMBLING license in Costa Rica. Costa Rica does not issue gambling licenses, they issue data processing licenses (you're 100% incorrect when you say they do not).
...
You're intentionally trying to mislead our customers and it's not going to work.
As I've said before, you're an idiot and have no idea what you're talking about.
Quit wasting my time and go play in traffic or something, Alan."
A) This looks like they do indeed have a license of some kind. I would like to see said gaming license.
B) It also looks like they aren't exactly the most professional of companies when their public rep department is telling people to "go play in traffic". I am the owner of a civil engineering company and I can assure you, regardless of what a client/customer says..calling them an 'idiot' or telling them to 'playin traffic' is pretty much the WRONG approach. In light of this, Peep's Place, are you still on record as calling this company 'solid'?
Can anyone direct me to where I can view Coinbet and Nitrogen gaming licenses? I'm interested in verifying these licenses, owner names, legalities. I never received answers to any of my questions in e-mails, nor do I see anything on this forum page that would indicate anything other than 'promises of things to come in the future' or 'we should have this in 48-72 hrs'. I am tired of these companies not answering questions directly and appropriately, but instead with obvious vague and 'delaying' tactics/promises. I thank anyone, especially Coinbet.cc, if they can provide me with how to proceed in personally viewing all legal licenses and information associated with them.
Regards.
Regards.
Awesome! One quick question while I have your ear. Am I allowed to bet both sides of a game? I don't see why not but wanted clarification (especially if I mistakenly enter a 3 btc bet when I wanted it to be .3 ...I would think I could take the other side). Let me know. And thanks again for your fast response.
Thanks. Appreciate the knowledge that it's coming back up in 3 hrs! 
How have the cashouts been for everyone? I'm nearing the end of my rollover and hope to make one soon lol. Hope they are fast and smooth like bitbook/nitrogen!
How have the cashouts been for everyone? I'm nearing the end of my rollover and hope to make one soon lol. Hope they are fast and smooth like bitbook/nitrogen!Re: BitBook.biz - Bitcoin sportsbook - Instant Withdrawals - Widely Trusted
All the people want at this point is a little communication and something to put their faith back into. Radio silence is a little disturbing to those that have significant monetary value still on site. For a site that runs exclusively on customer goodwill towards the site (ie they could choose to bet where they feel the most comfortable at) this seems like a peculiar line to take. If we can all take the time to post a comment here on the forum I would respecfully ask the management at bitbook do the same.
Re: BitBook.biz - Bitcoin sportsbook - Instant Withdrawals - Widely Trusted
I would think if they had plans to run with the btc they wouldnt have bothered to come here and say they were being DDos and to be patient. I am also 100% sure i saw my funds in their entirety, being a "newbie" notwithstanding. So take that for what you want.