THE TESTED WORKING METHOD
To host servers, you will need an ethernet connection (wifi has not worked for me), port forwarding of the following ports: TCP/UDP 6500, TCP/UDP 22101, TCP/UDP 27900, TCP/UDP 28900, you will need an updated hosts file for your system32\drivers\etc folder (rename old hosts file example: hosts1), and the new masterserver.txt file (provided below). The masterserver.txt file goes in the same directory as stbc.exe
Simple as that.
I took the liberty to zip up my hosts file and masterserver.txt to make the process a little easier.