BetOnLow - anybody got any info?

Hi, I found this pretty nice site www.betonlow.com but I dont' know much about it wondering if any of you guys knew any info about it.?? It seems to be ok so far, but I could do with some company, fed up playing with myself. drag your butts down their so I can win some of your money!!!! :)

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Comments

CL-Ed
» May 8 2008, 12:39am
CL-Ed's picture

Interesting idea - its an online version of the old competition game where the person picking the lowest number with the least number of other bidders wins (kind of like a reverse auction). But sounds like you're the only one playing there!

We'll check it out and see if we can find out more info.

tinkerbelle
» May 13 2008, 1:38pm

hey did you find any dirt yet? heh heh. a little busier now which is good and I could win a couple of jacks too, but not got to the big test yet - the cash out stage :-)))) will let u guys know how it goes down when i get there. keep digging and let me know if you find any poop heh heh

CL-Ed
» May 13 2008, 11:07pm
CL-Ed's picture

Yes, so far very little which is not unusual for a brand new site (it has literally only launched in the last month). Just from my own research, it is run out of Costa Rica and uses a custom flash software which is played entirely in the browser, so no download and installation is required. The parent company is MGAME Solutions, which we have not come across before.

Interesting point is that if you look at the "Last 8 Hours" and "Last Day" results of the draws (bottom left of homepage), you can see that the winner almost always wins by picking the number 1, so there clearly are not a lot of players on there at the moment. This is both good and bad I guess - the jackpots are low but you have a very good chance of winning them.

tinkerbelle
» May 14 2008, 11:55am

yeh I was checking the last winners too, soemtimes i play a run from 1 othertimes just pick and mix kinda thing, depends how lucky i'm feelin :) there was a winner number the other day which was 340 or 350 something lol - wasn't mine, dont go that high!! anyways appreciate u guys checking this out, I like this forum too, most people cant be assed to help. i'll keep you posted if anything really exciting happens :))))) which it will soon cos i can feel it in my bones :) ciao!!!

CL-Ed
» May 16 2008, 3:10pm
CL-Ed's picture

I spoke to one of the managers there and got the following info (we're also checking the site out using one of our "mystery players"). The site only launched last month and currently has around one hundred active players. Players from the USA are not accepted.

The jackpot amount for each game is the sum of all bets placed in the game, minus a 15% "rake" that the house takes. So knowing this, you can get a pretty good idea about the number of bets that have been placed in a game by looking at the current jackpot amount like so...

Sum of bets placed = Jackpot / 0.85

They currently have a promotion where you get one free bet for every 2 bets placed on the same game, and a loyalty program that awards cash back based on the amount you wager.

I also see that people aren't winning with the number 1 much any more. ;)

Let us know if you have any problems cashing out.

tinkerbelle
» May 19 2008, 10:37am

lol I love that you guys do mystery players so devious!!! :) I had the jackpot thing figured out, like 34 euros on the 5 euro game means 8 bets, but theres free bets too... so its not 100 % method. not ready to cash my chips yet b ut will let u know. keep up the great work! thansk guys :)

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