Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 323. (Read 84981 times)

You're right, it takes time and I hope it doesn't take long because so far there is no reason for us to bet on Betfury sports betting, what are the advantages?
I already said promotion is something to be made as a newcomer this is the best way to get customers to try betting here

I believe it will take time for them to improve their services. But this is a good addition to the community of sports betting. As they continue to innovate their platform, and with this new addition of sportsbetting, I think they will have a lot of room for improvement. The good thing here is, they are continuing to improve their side. And they are pretty much active. I guess, they will see your post also about the features that you're looking for.

Good to hear they start a sports betting platform because I enjoy and do only sports betting. But!!, As people mentioned above, sports bettors feel like they are second class citizens placing bets on your platform, because most features are not available for them. Just look at stake for example, they provide the same odds with same margin but at the same time they run huge amount of promos and giveaways for sport bettors. And these perks keep me to place bets there even If I can find better odds in some asian sports-book. I hope You fix this unfairness between casino gamblers and sports bettors and make your sports betting platform even better. And then I will definitely join Betfury to place bets and be a full member of the community.

I am sure that will get better, it is just something that will take some time. I have to say when it comes to design, I haven't seen any crypto sportsbook that is really as good as the fiat ones, I have seen some fiat ones that are by far better than any other crypto sportsbook, don't know the reason because design and currency are not related stuff so there is no excuse for crypto sportsbooks to be not as good looking as the fiat ones but that is the case but that is for my taste, since design is something objective that means there could be some people who like it this way.

In any case, having their own token and now adding sportsbook is also another way that could earn some money for the dividends and I am very happy about it, that is not going to change anytime soon, it is really a great situation and I really like it this way all in all.

I like this conversion factor, for me it is much easier to place bets in USD and minimum bet is indeed 0.1$, which is low enough.


Agreed, also checked some of their odds on EURO 2020 matches and the odds are pretty good!

Do you have a definite schedule of BFG trading days? Do you have a definite schedule of BFG trading days?
this should be a good moment for BFG because at the same time biswap continues to grow

There's no harm in trying, but at least you need to love sports in order to appreciate sports betting.

Looking at the odds and compared it to other sites, i think they have decent odds.

For example game 3 between the Clippers and Jazz.

BetFury.io Clippers 1.54 Jazz 2.65
site A                    1.50        2.65
site B                    1.48        2.60
   

I've never used any betting in anywhere before so i don't know how is betfury compared to others, but from the looks of it it's clean and even first timer like me knows how to make bets so i guess it's well designed.

Now if i only knew anything about sports i might bet. But yeah, i don't follow any.

I don't know the exact reason why they decided to convert all cryptocurrencies to USD or EUR on their new sports betting platform, but it looks like Betfury set the minimum bet of 0,1 USD/EUR for sports events. Maybe they did it because of some legal restriction.

Sports betting design looks neat. I just wish the matches aren't placed on different pages. In UFC 263 for example, there are 14 matches to bet on but you need to open 3 pages just to see them all (6 matches per page). 14 isn't that long and all can be placed in the first page.

How about a little write up on how the quick bet works? I was just trying to figure it out but I ended up placing $1 bet Now I'm thinking of cancelling it and cash out $0.92 losing $0.08 in the process.

This is really great addition for betfury. Didn't see it coming this early that they will integrate sportsbetting on their platform.
This may further help in boosting the price of their BFG token once they started trading.
But why is it that they need to convert your balance to either USD or EUR?
Is there minimum amount to bet, as a requirement?

I've checked and the betting options are very complete the betfury team works based on the roadmap this is really cool
Unfortunately cashback and mining is not available for sports betting they only provide 1.5% referral bonus and rank bonuses
Btw we are waiting for the promotional bonus, if it is available  

I want to know the name of the website so we can make a comparison, we are all speculating honestly I'm not aware of the site and you are not going to shill it or you can pm me if you have the time.
I like CryptoNika's analysis so people who are predicting 25 cents and higher are going to lose in the prediction game, hopefully, we'll get better once we get in the market, I'm sure there will be a lot of chances to make it sustainable and profitable for developers and players.

Great news! And the perfect timing with the start of EURO 2020. I love sports betting and if the odds are OK, I will probably stick to Betfury. Too bad that it doesn't count to mine BFG tokens but you can't have it all.

You would think so but there was another website (I do not name it and sound like shilling), and that place had a ton of people gambling there, literally millions of dollars were gambled within the first few months and then when they got listed on binance dex, everything stopped and the amount gambled became so little that you would have to spend 20 thousand dollars to earn 100 bucks per week. That is why I think there is a problem about the fact that when the dividend gets lower and lower because people can earn their BFG by just buying it instead of spending time on it, or risk more money for it, then people just prefer that way and that is why I think there is a risk for betfury as well.

I am not saying that the same thing will happen here, I am just saying that we are may end up with the same problem in the end and there is no guarantee.

Well, it comes from the fact that $100 is actually a whole month's salary for some people, think about it this way, there are people who are college students in some third world nations, we are talking about like 200-300 dollars as whole month's salary for adults there, and this kid who knows how to code things can make 100 bucks per month just with one scam, it is seriously a lot.

Just the other day someone offered me $1000 for developing something similar for them, I could have taken it and not developed for them and that would be like a good salary for 2 months for me and I am a married person in a decent economy nation, think about someone in poor nation with bad economy, $1000 could be 10 months of life for them. So, it is definitely "profitable" to be bad person, no matter how much we dislike the situation it is unfortunately true.

In my bets I always prefer to make them with pennies on the dollar, so I have more opportunity, on the other hand when I make bets with only 1 usd it seems too risky and easy to lose because it is very easy to reach 10usd, unless you are very lucky, and speaking of Luck, I want to try it with Betfury sports betting, the fact that they already have sports betting is because things are going very well, great job they do.

Awesome!

There are many things in play we need to take into consideration:

- mining cost.
at this moment this is around 0.05$ I think. In the past this was (way) cheaper. So there are milions of BFG out there that were mined for much less.

- div payments
this is fairly stable at the moment at 0.08$ / 1000 BFG.
however, we just received sports betting which could mean an increase. Furthermore, for BFG to be tradable, there would need to be Liquidity on the exchanges. So this means less BFG staked, which means more div.

- APR of staking on Betfury.
taking the current mining cost and div payments, we are looking at around 58.4% APR.
However, this can easily increase by a lot if BFG is leaving the staking pool and entering liquidity pool.


Main question is (I think); what APR are people looking for when staking on Betfury?
100% would sound reasonable I think.
What's needed for that?
well, currently around 1.2bil BFG is staked. 20% outflow would mean 240mil BFG liquidity
This would already get you 100%  when BFG is 0.035$ AND div pool payment stays the same.
The aforementioned $0.06525 would be 53.7% APR for current div pool payments (with 20% outflow)

Then there will be the liquidity pool which will give rewards to people. There will be pure specalation and trading of the coin, so who knows what the price will become. But.... because mining has a certain cost I think that will counterbalance price movements (BFG too cheap; people buy. BFG too expensive, people mine and sell)

for me, any price below 0.035 is a buy for sure.
the sell price I'm not sure about yet

I have caught myself thinking that betfury.io starts to look like stake.com
Now they have added betting, the slots are almost identical. Great, because my internet provider blocks stake.com and now thanks to staking, I always have small balance that I dont worry to lose while making bets.