UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.3) 500.com Limited (Name of Issuer) American depository shares, each representing 10 Class A ordinary shares, par value US$0.00005 per share (Title of Class of Securities) 33829R100 (CUSIP Number) October 29, 2014 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) x Rule 13d-1(c) Rule 13d-1(d) The reminder of this cover page shall be filled out for a repoting person initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 33829R100 13G 1.NAME OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Prime Capital Management (Cayman) Limited 2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) x 3.SEC USE ONLY 4.CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5.SOLE VOTING POWER 0 6.SHARED VOTING POWER 8,941,920 (upon conversion of the American Depositary Shares) 7.SOLE DISPOSITIVE POWER 0 8.SHARED DISPOSITIVE POWER 8,941,920 (upon conversion of the American Depositary Shares) 9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,941,920 (upon conversion of the American Depositary Shares) 10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(see instructions) 11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.50% 12.TYPE OF REPORTING PERSON(see instructions) IA CUSIP No. 33829R100 13G 1.NAME OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Prime Capital Management Company Limited 2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) x 3.SEC USE ONLY 4.CITIZENSHIP OR PLACE OF ORGANIZATION Hong Kong NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5.SOLE VOTING POWER 0 6.SHARED VOTING POWER 8,941,920 (upon conversion of the American Depositary Shares) 7.SOLE DISPOSITIVE POWER 0 8.SHARED DISPOSITIVE POWER 8,941,920 (upon conversion of the American Depositary Shares) 9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,941,920 (upon conversion of the American Depositary Shares) 10.CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(see instructions) 11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.5% 12.TYPE OF REPORTING PERSON(see instructions) IA CUSIP No. 33829R100 13G 1.NAME OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Dragon Billion China Master Fund 2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions) (a) (b) x 3.SEC USE ONLY 4.CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5.SOLE VOTING POWER 0 6.SHARED VOTING POWER 6,447,800 (upon conversion of the American Depositary Shares) 7.SOLE DISPOSITIVE POWER 0 8.SHARED DISPOSITIVE POWER 6,447,800 (upon conversion of the American Depositary Shares) 9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,447,800 (upon conversion of the American Depositary Shares) 10.CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(see instructions) 11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.2% 12.TYPE OF REPORTING PERSON(see instructions) OO CUSIP No:33829R100 13G 1.NAME OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). Yijun Liu 2.CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) (b) x 3.SEC USE ONLY 4.CITIZENSHIP OR PLACE OF ORGANIZATION People's Republic of China NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5.SOLE VOTING POWER 0 6.SHARED VOTING POWER 8,941,920 (upon conversion of the American Depositary Shares) 7.SOLE DISPOSITIVE POWER 0 8.SHARED DISPOSITIVE POWER 8,941,920 (upon conversion of the American Depositary Shares) 9.AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,941,920 (upon conversion of the American Depositary Shares) 10.CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES(see instructions) 11.PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.50% 12.TYPE OF REPORTING PERSON(see instructions) IN, HC CUSIP No:33829R100 13G Item 1. (a) Name of issuer: 500.com Limited (b) Address of Issuers Principal Executive Offices: 500.com Building Shenxianling Sports Center Longgang District Shenzhen People's Republic of China Item 2. (a) Name of person filing: This statement is filed on behalf of each of the following persons (together, the Reporting Persons): (i) Prime Capital Management (Cayman) Limited (Prime Capital Cayman) (ii) Prime Capital Management Company Limited (Prime Capital HK) (iii) Dragon Billion China Master Fund (the Fund) (iv) Mr. Yijun Liu (Mr. Liu) This statement relates to Class A ordinary shares of the Issuer held by the Fund and two managed accounts in the form of American Depositary Shares. Prime Capital Cayman and Prime Capital HK are the Investment Manager and the Investment Adviser, respectively, for the Fund and have been granted discretion over the portfolio investments of the Fund, including the Issuer's American Depositary Shares. Prime Capital Cayman and Prime Capital HK are the Investment Advisor and the Investment Affiliate Advisor, respectively, for the two managed accounts and have been granted discretion over the portfolio investments of the two managed accounts, including the Issuer's American Depositary Shares.Prime Capital HK is registered as an investment adviser with the SEC under the Investment Advisers Act of 1940.Mr. Liu is the Director of Prime Capital Cayman, Prime Capital HK and the Fund, and he is also the portfolio manager of the Fund. (b) Address of the Principal Office of Prime Capital HK and Mr. Liu is: Unit 2303, Low Block Grand Millennium Plaza 181 Queens Road Central Hong Kong Address of the Principal Office of Prime Capital Cayman and the Fund is: c/o Campbells Corporate Services Limited Floor 4 Willow House Cricket Square P.O. Box 268 George Town Grand Cayman KY1-1104 Cayman Islands (c) Citizenship: Prime Capital HK is a Hong Kong limited company. Prime Capital Cayman and the Fund are Cayman Islands exempted companies. Mr. Liu is a citizen of the People's Republic of China. (d) Title of Class of Securities: American depository shares, each representing 10 Class A ordinary shares, par value US$0.00005 per share (e) CUSIP Number: 33829R100 CUSIP Number: 33829R100 13G Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a : This Item 3 is not applicable. (a)Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b)Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c)Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d)Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e)An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f)An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g)A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h)A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i)A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j)Group, in accordance with 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. The percentages used in this Item 4 are calculated based on 198,709,412 Class A ordinary shares outstanding as of June 30, 2014 as reported in the Issuer's Form 6-K dated August 11,2014. Beneficial ownership information is presented as of October 29,2014. (a) Amount beneficially owned: As of October 29, 2014, Prime Capital HK , Prime Capital Cayman and Mr. Liu may be deemed to be the beneficial owner of 8,941,920 Class A ordinary shares (upon conversion of the American Depository Shares) and the Fund may be deemed to be the beneficial owner of 6,447,800 Class A ordinary shares (upon conversion of the American Depository Shares). (b) Percent of class: (i) Prime capital HK, Prime Capital Cayman and Mr. Liu: As of October 29, 2014: 4.50% (ii) the Fund: As of October 29,2014: 3.2% (c) Number of shares as to which the person has: Sole power to vote or to direct the vote As of October 29,2014: 0 Shared power to vote or to direct the vote : (i) Prime capital HK, Prime Capital Cayman and Mr. Liu: As of October 29,2014: 8,941,920 (ii) the Fund: As of October 29,2014: 6,447,800 Sole power to dispose or to direct the disposition of As of October 29, 2014: 0 Shared power to dispose or to direct the disposition of (i) Prime capital HK, Prime Capital Cayman and Mr. Liu: As of October 29,2014: 8,941,920 (ii) the Fund: As of October 29,2014: 6,447,800 Instruction:For computations regarding securities which represent a right to acquire an underlying security see 240.13d-3(d)(1) CUSIP No. 33829R100 13G Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [x] Item 6. Ownership of More than Five Percent on Behalf of Another Person. This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. This Item 7 is not applicable. Item 8. Identification and Classification of Members of the Group. Prime Capital HK and Prime Capital Cayman are the Investment Adviser and Investment Manager, respectively, of the Fund. Mr. Liu is the Director of Prime Capital Cayman, Prime Capital HK and the Fund, and he is also the portfolio manager of the Fund. Item 9. Notice of Dissolution of Group. This Item 9 is not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a Participant in any transaction having that purpose or effect. CUSIP No. 33829R100 13G JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned acknowledge and agree that the foregoing statement on this Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments and for the completeness and accuracy of the information concerning him or it contained herein or therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date:November 3,2014 Yijun Liu By: /s/__Yijun Liu__ Name: Yijun Liu Date: November 3,2014 PRIME CAPITAL MANAGEMENT COMPANY LIMITED By: /s/_Ling Jie_ Name: Ling Jie Title: Director Date: November 3,2014 PRIME CAPITAL MANAGEMENT (CAYMAN) LIMITED By:/s/_Ling Jie_ Name: Ling Jie Title: Director CUSIP No. 33829R100 13G Date:November 3,2014 DRAGON BILLION CHINA MASTER FUND By: /s/__Ling Jie_ Name: Ling Jie Title: Director