BitBet, January 2013 Statement
February 02, 2013 | Author: Mircea Popescu
Operational results

Received 268 new propositions, of which accepted 206, rejected 62.

Revenue : 2`528.7212092 BTC, of which :

  • bets made : 2`504.32293854 BTC
  • advertising : 22.00021882 BTC
  • house bets won : 2.39805184 BTC

Expenditure : 2`521.92173716 BTC, of which :

  • propositions refunded : 65.27801000 BTC
  • bets refunded : 51.74250000 BTC
  • winners paid : 475.49327425 BTC
  • referrals paid : 1.95967070 BTCi
  • not yet resolved : 1`907.22828221 BTC
  • house bets made : 20.22000000 BTCii

Profit : 6.79947204 BTCiii

Shareholders table

Total shares : 10`000`000, of which :

  1. Mircea Popescu 4`255`000 shares,
  2. Matic Kočevar 4`100`711 shares.
  3. Third parties 1`644`289 shares.iv

Total dividend : 6.79947204 BTC.

Miscellaneous

Site only operational since January 5th. Overall pretty good for a first month I would say.

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  1. Over 86 bets. Average bet 12.15690746 BTC, average referral payment 0.02278686 BTC (18.7%). Referral saturation 32.1% over bet count, 7.82% over bet value. Lot of work still to do, dear affiliates. [↩]
  2. Of which 5.01000000 BTC were resolved during the current month. [↩]
  3. Because bets made but not yet resolved are not counted this figure could be said to understate actual profit by as much as 80%. [↩]
  4. 1`210`500 shares still available as per original IPO terms. [↩]
Category : S.BBET  | 5 responses.