BitBet, September 2013 Statement

Thursday, 03 October, Year 5 d.Tr. | Author: Mircea Popescu
Operational results

Received 111 new propositions, of which accepted 16, rejected 95. Total bets in worth 236.15664585 BTC.i

Revenue : 5.60240124 BTC, of which :

  • bets resolved : 3.36095198 BTCii
  • fees from refunds: 0.00350000 BTC
  • advertising : 0 BTC
  • house bets won : 2.23794926iii
  • gracious donations to shareholders : 0.061 BTC

Expenditure : 1.74774867 BTC, of which :

  • referrals paid : 0.04774867 BTCiv
  • house bets made : 1.70000000 BTC

Profit : 3.85465257 BTC to be distributed as dividends.

Miscellaneous

Well at least BitBet did better than BTCtalk and Silk Road this month. I blame the Somalian.

Update : As pointed out by the astute FabianB, dividends actually paid for the month of August were in excess of the value actually owed. As a result the next month will carry a 1.88896099 BTC charge to compensate.

———
  1. Graphs :

    bitbet-intake-september-2013 [↩]

  2. 336.09519837 BTC total pool resolved this month. [↩]
  3. 2.90000000 BTC worth of house bets were resolved in the current month. [↩]
  4. Tenfold increase month over month. Keep it coming! [↩]
Category: S.BBET
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4 Responses

  1. kakobrekla`s avatar
    1
    kakobrekla 
    Friday, 4 October 2013
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    Hash: SHA1

    BitBet, September 2013 Statement

    Received 111 new propositions, of which accepted 16, rejected 95. Total bets in worth 236.15664585 BTC.i

    Revenue : 5.60240124 BTC, of which :
    bets resolved : 3.36095198 BTCii
    fees from refunds: 0.00350000 BTC
    advertising : 0 BTC
    house bets won : 2.23794926iii
    gracious donations to shareholders : 0.061 BTC

    Expenditure : 1.74774867 BTC, of which :
    referrals paid : 0.04774867 BTCiv
    house bets made : 1.70000000 BTC

    Profit : 3.85465257 BTC to be distributed as dividends.
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  2. mike_c`s avatar
    2
    mike_c 
    Sunday, 5 January 2014

    "gracious donation to shareholders" is not include in the revenue, and therefore not the dividend, and so it wasn't much of a donation after all!

  3. Mircea Popescu`s avatar
    3
    Mircea Popescu 
    Sunday, 5 January 2014

    Wait what ?!

  4. Mircea Popescu`s avatar
    4
    Mircea Popescu 
    Sunday, 5 January 2014

    Blergh, it got left out. Where were you in September ?

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