BitBet, March 2014 Statement

Operational results

Received 130 new propositions, of which accepted 31, rejected 119.

Total bets in worth 1`659.80496480 BTC.i

Revenue : 4.31105524 BTC, of which :

bets resolved : 1.15441662ii

fees from refunds : 0.01916049 BTC

advertising : 0.3 BTC

house bets won : 2.82737715 iii

gracious donations to shareholders : 0.01010098 BTC

Expenditure : 3.11710000 BTC, of which :

referrals paid : 0.01710000 BTC

house bets made : 3.10000000 BTC

Profit : 1.19395524 BTC.

Because last month the MPEx shareholders were paid 3.68215306 BTC instead of the 1.10464591 BTC they were actually due, 30% of profits going forward will be allocated to covering that credit, in lieu of MPEx dividends. This sum comes to 0.35818657 BTC this current period, leaving the credit to be covered in following months at 2.21932058 BTC.

Miscellaneous

Well at least we're doing better than either NeoBee or Coinbase...

———Last month this was ~20x less. Kinda volatile this thing.

Also, to clarify, BitBet is not giving anyone the finger. It's just fingershaped happenstance. [↩]115.44166213 BTC total pool resolved this month. [↩]3.00000000 BTC worth of house bets were resolved in the current month. [↩]

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Category: S.BBET

Tuesday, 01 April, Year 6 d.Tr.