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Topic: ★BetBTC★ Sportsbook | Bitcoin Sports Betting | Since 2014 | Instant Withdrawals - page 95. (Read 144607 times)

hero member
Activity: 672
Merit: 502
will betting be done on domestic cricket like IPL which will be starting from 9th April?

For sure betbtc won't miss such an important event in the world of cricket betting. I just hope to see more lines like "toss" "most sixes" "best batsman" etc.  Smiley
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments
Hey BetBTC,

I'm having a problem understanding exchange, please take a look at this.

ATP: Djokovic v Goffin

Set Betting   

N Djokovic 2 - 0
BACK: 1.33
LAY: 1.4

Goffin 2 - 1
BACK: 17.5
LAY: 22

I fully understand how to "BACK", but I'm having problem how to "LAY".

Let say I want to lay N Djokovic 2 - 0 @ 1.4 and I press on box "LAY" in red.

Now I saw odd @ 1.4 and Stake 0.001 and the Liability: 0.0004, at this point I got confused.

I understand "LAY" is like you're the sportsbook, and now let say I have 10 BTC to risk. Can I put in 10 BTC in the stake box, and if I win. How much will I receive?

Also, what is Liability of 0.0004?


To lay bet at 1.4 with the stake 0.001, in case of lost you would have to pay 0.0004 to the winner (the winner betted back 0.001 at 1.4 and received 0.0004 - your loss)

When you lay bet, the required balance (liability) is not the same as stake amount except when odd is 2.0. When lay odd is below than 2.0 you can bet a stake higher than your balance and when odd is higher than 2.0 you would require higher balance to cover a smaller stake.

To check more instructions about how back and lay betting works you may check this video we produced - https://www.youtube.com/watch?v=32qxAOyVZlU
member
Activity: 87
Merit: 10
Hey BetBTC,

I'm having a problem understanding exchange, please take a look at this.

ATP: Djokovic v Goffin

Set Betting   

N Djokovic 2 - 0
BACK: 1.33
LAY: 1.4

Goffin 2 - 1
BACK: 17.5
LAY: 22

I fully understand how to "BACK", but I'm having problem how to "LAY".

Let say I want to lay N Djokovic 2 - 0 @ 1.4 and I press on box "LAY" in red.

Now I saw odd @ 1.4 and Stake 0.001 and the Liability: 0.0004, at this point I got confused.

I understand "LAY" is like you're the sportsbook, and now let say I have 10 BTC to risk. Can I put in 10 BTC in the stake box, and if I win. How much will I receive?

Also, what is Liability of 0.0004?



legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments
Sorry for the late replies, we were on a 10-day ban without any way to communicate - even with another accounts (https://bitcointalksearch.org/topic/ban-appealing-betbtc-1407840)

Hey betbtc,

How can I switch from decimal odd to american odd view?

Also, can betbtc upgrade their betting platform to allow user to have two factor authentication?

We will implement 2-auth authentication - we had it before but took it because of some incompatibilities.
Regarding the american odds it's not so simple because of the layout, we will check what's possible to do about that

will betting be done on domestic cricket like IPL which will be starting from 9th April?

Yes, we will have them. Just take in consideration that our events are only imported 5 days before the event beginning (in this case on 4th april)
hero member
Activity: 560
Merit: 500
will betting be done on domestic cricket like IPL which will be starting from 9th April?
member
Activity: 87
Merit: 10
Hey betbtc,

How can I switch from decimal odd to american odd view?

Also, can betbtc upgrade their betting platform to allow user to have two factor authentication?
member
Activity: 87
Merit: 10
Hello BetBtc,

How can I set up two factor authentication at www.betbtc.co ?
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
Anyone here bet on cricket?

All the time, won my bet on Australia and West Indies today but lost the championship bet on South Africa as they're out of the tournament now.

Lost 3.5 BTC on WI vs AFG match today
never expected WI to lose against associate teams..

In a badly depressed stage...
What did I tell you? Not to bet on cricket unless you are certain about the team. I bet on Australia to bet on New Zealand last week as I only knew about how they dominated last year, but they did not bowl first so I was watching New Zealand scoring one after another after another and that frustrated Australia to much when it was their turn up, they could not catch up to their high score they have accumulated at the start of the match.
Cricket is too unpredictable in the T-20s anyways as some mentioned already.
full member
Activity: 211
Merit: 100
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Well i was expecting this match to be in WI favour, as they win their last 3 matches against good teams..

damn, lost all my money... Cry

Big winnings for me today on that market (not all your 3.5 but 1+)

I was betting against favourite team always since some days ago on T-20s and I finally had my payout  Grin
hero member
Activity: 560
Merit: 500
Well i was expecting this match to be in WI favour, as they win their last 3 matches against good teams..

damn, lost all my money... Cry
hero member
Activity: 672
Merit: 502
Anyone here bet on cricket?

All the time, won my bet on Australia and West Indies today but lost the championship bet on South Africa as they're out of the tournament now.

Lost 3.5 BTC on WI vs AFG match today
never expected WI to lose against associate teams..

In a badly depressed stage...

Whoa!, I lost some money too but not even close to that much.

What were you thinking? if you bet on cricket you should know that T-20s are dicey, sorry for your loss man! there are 3 more matches to go in this tournament, you can make it up. GL
hero member
Activity: 560
Merit: 500
Anyone here bet on cricket?

All the time, won my bet on Australia and West Indies today but lost the championship bet on South Africa as they're out of the tournament now.

Lost 3.5 BTC on WI vs AFG match today
never expected WI to lose against associate teams..

In a badly depressed stage...
hero member
Activity: 672
Merit: 502
Anyone here bet on cricket?

All the time, won my bet on Australia and West Indies today but lost the championship bet on South Africa as they're out of the tournament now.
legendary
Activity: 1596
Merit: 1027
I really like BetBTC, but you still need to make more updates. You still have very few markets for soccer and no live markets.
You should also add combined bets and Parlay. But since the site is new I actually believe that you will be introducing changes slowly.
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
Anyone here bet on cricket?
I did once. Only due to someone on another gambling thread saying it was an easy bet. I would not bet on it unless you keep up with the results on a regular basis and are familiar with it.
hero member
Activity: 560
Merit: 500
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
I make bets but all my over/under picks are never right  Undecided
I tried the Lay bet but I thought I was betting on the winning team but instead it went the oppose way  Undecided
I have more losses than wins  Embarrassed
legendary
Activity: 1596
Merit: 1027
Last week I made a lot of bets and had more wins than losses Smiley

I have been betting on the portuguese, Spaninsh and english league, but this week I'm going to try other leagues.
legendary
Activity: 2014
Merit: 1028
BetBTC.co | Sports Betting | Instant Payments
Won two lost two today.
Have a bet sitting in limbo. The Formula 1 race is over and I picked Hamilton to win but it is still showing as still pending.

Hello.

If you are referring to the Driver's Championship, the bet doesn't belong to a race but to the complete championship.
https://www.betbtc.co/events/formula-1-2016-65675
Yes that is what I was referring to.
So my bet on Hamilton is not completed then? When will it be. Have a date for the out come?

That bet should be settled on the end of the 2016 season
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
Won two lost two today.
Have a bet sitting in limbo. The Formula 1 race is over and I picked Hamilton to win but it is still showing as still pending.

Hello.

If you are referring to the Driver's Championship, the bet doesn't belong to a race but to the complete championship.
https://www.betbtc.co/events/formula-1-2016-65675
Yes that is what I was referring to.
So my bet on Hamilton is not completed then? When will it be. Have a date for the out come?
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