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Topic: ★BetBTC★ Sportsbook | Bitcoin Sports Betting | Since 2014 | Instant Withdrawals - page 110. (Read 144595 times)

legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#CeltaVigo vs #Sevilla is about to start.
There are 9.282 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#Chelsea vs #ManUtd is about to start.
There are 10.872 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments
#Ireland vs #Wales is about to start.
There are 14.06 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#Bournemouth vs #Arsenal is about to start.
There are 20.986 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#Verona vs #Inter is about to start.
There are 6.166 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#Levante vs #Barcelona is about to start.
There are 15.93 Bitcoin Matched.
sr. member
Activity: 378
Merit: 250
Really feel like this one is the website which can give a though competition to its competitors in the bitcoin world. Will be trying out betting on Live Events really soon. Also, I find them better than directbet because they offer you to depsoit your BTC thus making it more convinient to play in live events.

What did you feel were your chances on the site? I haven't bet yet but I'm tempted. Still a bit afraid though about losing.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#SportingGijon vs #Deportivo is about to start.
There are 5.944 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#Genoa vs #Lazio is about to start.
There are 5.978 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#Lorient vs #Montpellier is about to start.
There are 5.21 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments


#Southampton vs #WestHam is about to start.
There are 12.536 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments
#Scotland vs #England is about to start.
There are 12.004 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments
I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?

In the above example if you lose then you'd lose 0.1 but if you win you'd only win 0.01, since you're the one giving 11x odds.

Please tell me if this response cleared your doubts.
Yes it did. Sorry for being too naive. I am pretty new to this lay betting thing. Also, how do I know what is the profit involved for the website itself? What percentage of wins do you charge? Are they charged both on wins and losses?

There's no problem on that, we appreciate clearing out customer doubts, we know it's not simple on the beggining.

We charge only 4% on gross market winnings, if your global figure on a market is negative (even though you may have win some bets) we won't charge you anything.

For anyone that wants to get a quick explanation of how back / lay betting work, check this video we produced:
https://www.youtube.com/watch?v=32qxAOyVZlU
legendary
Activity: 1184
Merit: 1013
I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?

In the above example if you lose then you'd lose 0.1 but if you win you'd only win 0.01, since you're the one giving 11x odds.

Please tell me if this response cleared your doubts.
Yes it did. Sorry for being too naive. I am pretty new to this lay betting thing. Also, how do I know what is the profit involved for the website itself? What percentage of wins do you charge? Are they charged both on wins and losses?
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments
2016 RBS 6 Nations is about to start.
There are 12.508 Bitcoin Matched.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments
I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?

In the above example if you lose then you'd lose 0.1 but if you win you'd only win 0.01, since you're the one giving 11x odds.

Please tell me if this response cleared your doubts.
hero member
Activity: 672
Merit: 502
I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?

In the above example if you lose then you'd lose 0.1 but if you win you'd only win 0.01, since you're the one giving 11x odds.
legendary
Activity: 1184
Merit: 1013
I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?
member
Activity: 112
Merit: 10
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I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

0.11 is a gift that you get when you win the bet. And if you lost the bet balance 0.01 will be lost. The number of supporters do not specify, which determines your win or not is in the game itself
hero member
Activity: 672
Merit: 502
I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.


If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.

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