BitBet (S.BBET) November 2014 Statement

Monday, 01 December, Year 6 d.Tr. | Author: Mircea Popescu
Operational results

Received 35 new propositions, of which accepted 17, rejected 17.i

Total bets in worth 127.57781681ii in 260 bets.iii

Revenue : 11.4666638 BTC, of which :

  • bets resolved : 9.58947489iv
  • fees from refunds : 0.00010000 BTC
  • advertising : 0.1 BTC
  • house bets won : 1.77708891 BTCv
  • gracious donations to shareholders : 0.0 BTC

Expenditure : 1.70325892 BTC, of which :

  • referrals paid : 0.00325892 BTC
  • house bets made : 1.70000000 BTC
  • Taxvi, 0.009763405 BTC

Profit : 9.76340488 9.753641475 BTC.

Miscellaneous

As announced in the September statement, the owner shares have been released into the owners' accounts. Kinda curious if this does anything.

———
  1. Marked improvement over last month (75% more propositions), but the best part is : significant improvement in acceptability percentage, now up to half. Half! It's like a blessing, thanks heaven Kako suggested the 1 Bitcent minimum, best idea ever. [↩]
  2. Weak month, though not the weakest on record. [↩]
  3. Graph:
    bitbet-intake-nov-2014 [↩]
  4. 958.94734328 BTC total pool resolved this month, one of the largest in history. Most of it is accounted by that yearold BTC price bet. [↩]
  5. 2.70000000 BTC worth of house bets were resolved during the current month, which is pretty wow. [↩]
  6. Owed to Bitcoin's Sovereign. [↩]
Category: S.BBET
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5 Responses

  1. kakobrekla`s avatar
    1
    kakobrekla 
    Monday, 1 December 2014
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    Hash: SHA1

    BitBet (S.BBET) November 2014 Statement

    Operational results

    Received 35 new propositions, of which accepted 17, rejected 17.i
    Total bets in worth 127.57781681ii in 260 bets.iii

    Revenue : 11.4666638 BTC, of which :

    bets resolved : 9.58947489iv
    fees from refunds : 0.00010000 BTC
    advertising : 0.1 BTC
    house bets won : 1.77708891 BTCv
    gracious donations to shareholders : 0.0 BTC
    Expenditure : 1.70325892 BTC, of which :

    referrals paid : 0.00325892 BTC
    house bets made : 1.70000000 BTC
    Profit : 9.76340488 BTC.
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  2. Mircea Popescu`s avatar
    2
    Mircea Popescu 
    Friday, 5 December 2014

    Updated to reflect that BitBet will be paying 0.00976340 BTC in tax.

  3. Rick`s avatar
    3
    Rick 
    Wednesday, 10 December 2014

    I withdrewed some bitcoin,please check it for me,thank you.
    and when will the profit be paid?

  4. Mircea Popescu`s avatar
    4
    Mircea Popescu 
    Wednesday, 10 December 2014

    Should be ok.

  5. Mircea Popescu`s avatar
    5
    Mircea Popescu 
    Monday, 22 December 2014

    Meh it'd seem I fucked up the dividend payment again, and dividends were twice what they should have been ;/

    We're back to the credit thing next month.

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