Topic: BetMoose.com - Betting Exchange | Prediction Market | Real World Events | P2P - page 3. (Read 31845 times)

in theory, yes, it is a perfect tool. In practice the following solution is being proposed:

https://assets.circle.com/marketing/images/research/primers/markets/image9-8890055ad2a87a75e226543cb2fc7540.png

This 'ultimate oracle' has nothing to do with deciding the correct outcome and may eventually facilitate an Ethereum hard fork.
 My impression is that this clumsy procedure is the exact type of thing one may want to come up with if his actual purpose is to ridicule the idea of decentralisation or to suppress/subvert the development of prediction markets. I am not tech savvy though, may be the overcomplexity is the new fashion.

You are too sceptic about ETH and ERC-20 family. It is perfect tool for building prediction markets based on smart contracts; I don't know what technology is used behind Betmoose, maybe it is also some kind of smart contracts based on BTC?
I have to say, Betmoose is still one step ahead of competitors, but it is a ruthless race, more money=more traffic=more profit.

Pegging or locking to any particular crypto defeats the purpose of multi-currency; most users will likely place in BTC anyway, so the situation will not change - people with ETH or otherwise will be forced to convert to BTC via us (and we would have to charge a small % to do that for them), and they would get back BTC as a result.

Regarding ICO, we have not looked into that at this time; maybe in the future!

Good answer!)
Multicurrency is a tricky question. Maybe solution is to follow initial hosted currency, e.g. if the bet started by BTC, all the next bets should be in BTC, and so on.
I understand that you have lack of financing. But what about some external sources? There are many ways to get money for development. For example, Augur gained 90 millions USD during ICO.
Any ICO plans for Betmoose? This way is much better then just donation button hidden somewhere on the site.

Hi Romeo,

Thank you for your questions;
1. There are still some minor known bugs/features that are in our pipeline but our team went ad-hoc some time ago and have only been doing maintenance on the site. No further plans to expand are on the radar yet. The biggest reason for this is that the site does not make enough per user (~2%) to justify paying for more development work so we have moved on to other projects. Our core team is still around and checks up on the site routinely, we're not going anywhere, and we keep up to date with the latest security patches and changes to adapt to Bitcoin's evolution.

2. Same rationale as #1; BetMoose is more of a community site at this point and we cannot afford a social marketing manager.

3. You're welcome to share the prop wherever/with whoever you would like.

4. We do have plans and even UI design to support other cryptos, but have not settled on a good way to integrate them. For example, what happens if some people bet in Bitcoin and some in Ethereum? We would have to peg both currencies to something, otherwise, the value and weight changes as the cryptos fluctuate in value.

Yes it is possible for you to link directly to your profile and hosted bets. Simply go to your Hosted Bets page, and there's a share button at the top right! You can add the ?ref=RomeoDelta behind any BetMoose link to get the referral benefit.

Our team does not hide and is not in shadows by any means, we're not in this for fame or fortune; we saw a space in 2013 in the Bitcoin space and created BetMoose to fill that up. By being loud and public, it simply wastes our time having to field questions which do not lead anywhere + the constant influx of spammers and scammers. Our relative anonymity is for our, and our users' security. We've processed over 1500 BTC in total volume, including single props worth over 300 BTC, so if we wanted to run, we would have already. Hopefully you can understand our stance on this as well.

Happy betting!

BetMoose

 
Life is good when you have so much money in your pockets). You can buy Forbes promotion and you can attend a lot of events, exhibitions and so on. Betmoose is absolutely different, I agree.

Hi, RomeoDelta.
 To refer someone, simply add ?ref=RomeoDelta to the end of any betmoose.com link

  I've been a user of this site for 1,5 years and from my average gambler's viewpoint the great advantage of Betmoose is that it is an actually working platform with intuitive interface. The key to attract bettors to your propositions is to place early bets. Some things besides liquidity might be slightly improved, indeed, but that's just a matter of taste. The maximum number of outcomes can be increased to 6. The list of the featured bets probably should be a bit longer. A separate ranking page showing total commission earned by 50 most active bet creators could be possibly added as well.


   As concerns Ethereum, I personally couldn't wrap my head around how its wallet (or network) works - compared to Bitcoin it looks like a total nightmare.
 It seems that some people are attached to Ethereum (and copycat ERC20 tokens built on top of it)   for no good reason.
 

   Augur is heavily promoted by Forbes and in my opinion it is hardly a good sign. The whole project looks like a deliberate parody on a smoothly working prediction market. Not sure who is actually betting there besides the devs themselves. The timing of their launch and the choice of a betting currency couldn't have been any worse!
I also wonder why Gnosis still hasn't launched and has no clear ETA with all the funding they have... Perhaps it is for the reason outlined above?

Hi, Betmoose team.
I just registered on the site(2 weeks) and have some questions and proposals.
1. Why Betmoose is still in beta? What criteria should be met to issue full version?
2. Why no social activities? Last Twitter post was in 2017, FB is also not so active.
3. Incoming traffic is scanty. What is the point to host a bet when nobody even come to see it?
4. When other cryptos will be accepted? At least ETH, LTC, DASH.
Team and founders are in shadow. There is a lot of information about Augur or Gnosis team and founders. Last interview with Adam dated back to 2014. Come on guys, we need to hear your voices.
One important referral proposal. Is it possible to link hosted bet with profile? For example: I want to share my hosted bet with my friends. At the same time I want they register by my referral link. How to merge these two links?

First of all, do not take a throw-away account's word for anything.

Secondly, we have a number of improvements and additions in the pipeline. At this time, as the site is mostly autonomous, our team is spread out and working on other projects in the crypto space. You're welcome to post ideas here and we can see if we can fast-track any of them.

In addition, we are always open to any serious buyer requests, however, the site is not formally for sale.

Is the site going to be sold then? I mean this is a pretty good idea but if it isn't going to be improved further than whats the point of keeping the project?

Thanks

There arent any

I really like this site.

What are the plans for moving forward? What plans are in place to help it grow etc?

That is because you are not getting "odds" with us on the parimutuel bets (the ones that have horizontal coloured lines for the options). For these bets, you win depending on how many wagers on on the opposite side, calculated based on your wager weight. We DO have fixed odds betting, but it seems our community does not use them often. See the FAQ.


That is because the "No" side is already heavily favoured, and so your wager would get diluted by everyone else's. See https://www.betmoose.com/faq#resolution2

Great concept, however I think there's a bug in the site.

https://www.betmoose.com/bet/will-btc-hit-100-000-before-dec-2018-leech-protected-3742#bets-1

When I go to place a 0.1 BTC bet on NO here, it says the ROI is 0%, but technically it should be about 10% since I would be contributing 10% of the new total pot?

Can somebody explain how this is wrong?

Some interesting wagers that can be made on this site:
Italy's credit rating, Amazon stock price, and the Elon Musk bet 

My question is how much of an advantage (odds wise) is it to bet on a sports match at this site rather than @ another sportsbook?

Seems like you're getting worse odds here.

Thank you. I see services are restored now. I have never been on a website like this. I really like the idea. Good work.

Service has been restored.

Thank you all for your patience.

Team BetMoose

Hey everyone,

Sorry about the downtime, it's a technical issue we are investigating. We actually had a bug with our emails hence why we didn't react to this in a timely manner.

We're not going anywhere, don't worry. Give us another day or so.

Avalon

I have a really really bad feeling about this. If the moderator Avalon had any sense at all he would catch us up to speed here on the forum or on twitter or on reddit. The fact he has said nothing is beginning to confirm my worst fears. His silence is deafening. If the site was hacked and the funds cleaned out at least fucking tell us.

there are several  topics popping up discussing whever its an exit scam
or just poor and unprofessional handling of a force majuere situation like DDOS or anything else
admins or support stuff should have announced in this topic what was the reason behind the site being down
in any case, I hope they resolve their issues and come back , but personally, I would never bet there even if they do