Comments on: BitBet, December 2013 Statement

By: I'll tell you what impressed me today. on Trilema - A blog by Mircea Popescu.

I'll tell you what impressed me today. on Trilema - A blog by Mircea Popescu. — Tue, 07 Jan 2020 00:23:23 +0000

[...] BitBet and the market moves to give me arguably correct odds. It won't be the last time. But for a year-old business to be this god damned fucking powerful... well what can I say ? Son, I am [...]

By: Mircea Popescu

Mircea Popescu — Mon, 06 Jan 2014 23:34:46 +0000

Aha, thanks for catching this oversight. It's getting rolled into next month's revenue.

By: mike_c

mike_c — Sun, 05 Jan 2014 03:07:46 +0000

"fees from refunds" isn't included in the revenue (it is neither added nor subtracted). Seems odd to have a line item that is just ignored in the sums.

By: kakobrekla

kakobrekla — Fri, 03 Jan 2014 16:40:12 +0000

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BitBet, December 2013 Statement

Operational results

Received 235 new propositions, of which accepted 69, rejected 166.i
Total bets in worth 840.19515077 BTC.ii
Revenue : 13.52671009 BTC, of which :

bets resolved : 9.45615473 BTCiii
fees from refunds : 0.00071109 BTC
advertising : 0 BTCiv
house bets won : 1.81924644v
gracious donations to shareholders : 2.25130892 BTC
Expenditure : 6.80113593 BTC, of which :

referrals paid : 0.00113593 BTC
house bets made : 6.80000000 BTC
Profit : 6.72557416 BTC, to be distributed as dividends.
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