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Topic: Betting Odds comparison (Read 745 times)

newbie
Activity: 42
Merit: 0
September 03, 2020, 01:56:22 PM
#74
I found it very helpful for myself, thanks OP.
hero member
Activity: 3052
Merit: 606
August 25, 2020, 07:07:56 PM
#73
Who knows by law whether it is possible to organize bets in Ukraine?
I don’t know the actual situation with Ukraine, but in this Google search, you could see that it was considered illegal because of a tragedy with a casino That was set on fire, killing nine people. And it states there that it was a glaze just recently back in July 2020. I don’t know if this is reliable, though. You might want to consult a lawyer there or something for the legalities.

https://en.m.wikipedia.org/wiki/Gambling_in_Ukraine

I think they re-legalized gambling, we have the latest update just this month and hopefully the site gives a reliable information.

https://gamblingcompliance.com/premium-content/research_report/ukraine-country-report-0



This law hasn't been finalized yet I guess, so I agree with crwth to consult a lawyer just to ensure your prompt compliance on the legal matters.
copper member
Activity: 2870
Merit: 1279
https://linktr.ee/crwthopia
August 25, 2020, 06:59:38 PM
#72
Who knows by law whether it is possible to organize bets in Ukraine?
I don’t know the actual situation with Ukraine, but in this Google search, you could see that it was considered illegal because of a tragedy with a casino That was set on fire, killing nine people. And it states there that it was a glaze just recently back in July 2020. I don’t know if this is reliable, though. You might want to consult a lawyer there or something for the legalities.

https://en.m.wikipedia.org/wiki/Gambling_in_Ukraine
sr. member
Activity: 1232
Merit: 379
August 01, 2020, 12:44:35 PM
#71

Crypto give freedom even for betting Wink since everyone is able to place the bet at best odds in the place that he wants.
That's the reason why crypto casinos has a good potential in the future as we can gamble in different gambling sites still being anonymous. I don't know how the government can control on the regulation about this but I am one of the people who are enjoying gambling despite the fact that gambling is illegal in our country.
I don't think so, luckybit is not allowed in my country as stated not allowed my country side to register not even playing a game. I have really thought that since playing crypto casinos games is not regulated by government, but this case is the different in Nigeria.
full member
Activity: 1162
Merit: 168
August 01, 2020, 11:51:50 AM
#70

Crypto give freedom even for betting Wink since everyone is able to place the bet at best odds in the place that he wants.

That's the reason why crypto casinos has a good potential in the future as we can gamble in different gambling sites still being anonymous. I don't know how the government can control on the regulation about this but I am one of the people who are enjoying gambling despite the fact that gambling is illegal in our country.
I don't think you are doing the right thing then because once the casinos come to know that you are winning and you are registered illegally then they can always freeze your funds and you have to forfeit any winnings because they have a reason to do that.

By the way you should not post things like that in a public forum because a lot of gambling website owners are here in the forum too and they can easily locate your username on their casino and then they can ask your ID verification,etc since they know you are playing illegally.

But that said, as long as you are losing money no casino will ask any kind of KYC from you Grin.
full member
Activity: 1638
Merit: 122
July 24, 2020, 10:56:34 AM
#69
I guess another factor that really affects the Betting Odds are the volume of users who are betting on whichever is available. Having different betting odds comparison would be really helpful since you can see clearly on which would give higher rewards when you are placing bets. Its also better to place low bets on higher odds since that would really give you better profit.

if high odds gives you a better profit why need for different odd comparison ?

 we can just choose to place bet on higher odds then and why would you bet low amounts when you knew that itl give you better profit   ?   why not bet high amounts so that you can also win big  but of course winning is not predicted on gambling  .

 thats the only thing that limits gamblers from betting high  and that limits thier ability to earn huge sums  .
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
July 24, 2020, 10:48:46 AM
#68
I guess another factor that really affects the Betting Odds are the volume of users who are betting on whichever is available. Having different betting odds comparison would be really helpful since you can see clearly on which would give higher rewards when you are placing bets. Its also better to place low bets on higher odds since that would really give you better profit.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
July 22, 2020, 02:30:38 PM
#67
For those who suffer from illegal betting, using proxy,VPN will solve this problem unless there is a KYC requirement. For finding the best odds checking the live data of odd comparison is not enough, taking your bet few days ago before event is necessary too. Betfair has the exchange for gamblers and they only take 5% from the winnings.  Matchbook does the same thing but with lower percentages.

Isn't it risky? I mean, if you get caught using VPN and your real IP was revealed, will your account be compromise.
I'm raising this as sometimes, when I am using VPN, my connection with my VPN server are disconnected, so if its on the gambling site, they might see some change of IP which they will see the real one. Do you have any experience like this?
That is a serious threat but if you are using a paid and genuine VPN you won't be disconnected unless you have a bad internet connection.

You can also try browser proxy like browsec to avoid such problems as browser proxy don't turn off automatically without your permission at least Browsec doesn't from my personal experience.

But all said, I would never recommend anyone to register to a casino where you are using a proxy because the casino can always seize their opportunity once you win big or something they can check your ISP provider and it is really easy to catch proxies to be honest and they will have a legal reason to forfeit your winnings.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
July 22, 2020, 11:12:19 AM
#66
For those who suffer from illegal betting, using proxy,VPN will solve this problem unless there is a KYC requirement. For finding the best odds checking the live data of odd comparison is not enough, taking your bet few days ago before event is necessary too. Betfair has the exchange for gamblers and they only take 5% from the winnings.  Matchbook does the same thing but with lower percentages.

Isn't it risky? I mean, if you get caught using VPN and your real IP was revealed, will your account be compromise.
I'm raising this as sometimes, when I am using VPN, my connection with my VPN server are disconnected, so if its on the gambling site, they might see some change of IP which they will see the real one. Do you have any experience like this?

well, if you're betting from a country "banned" ... it means that you're using also identity of another player.
So it means that you will not payed since you are using a fake account Wink
About another IP ... I think that you can play even from another country (likewise during an holiday) but you should follow strictly local regulations and bookie terms of service.
legendary
Activity: 3248
Merit: 1160
Fully Regulated Crypto Casino
July 22, 2020, 09:56:04 AM
#65
For those who suffer from illegal betting, using proxy,VPN will solve this problem unless there is a KYC requirement. For finding the best odds checking the live data of odd comparison is not enough, taking your bet few days ago before event is necessary too. Betfair has the exchange for gamblers and they only take 5% from the winnings.  Matchbook does the same thing but with lower percentages.

Isn't it risky? I mean, if you get caught using VPN and your real IP was revealed, will your account be compromise.
I'm raising this as sometimes, when I am using VPN, my connection with my VPN server are disconnected, so if its on the gambling site, they might see some change of IP which they will see the real one. Do you have any experience like this?
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
July 21, 2020, 07:55:03 PM
#64
For those who suffer from illegal betting, using proxy,VPN will solve this problem unless there is a KYC requirement. For finding the best odds checking the live data of odd comparison is not enough, taking your bet few days ago before event is necessary too. Betfair has the exchange for gamblers and they only take 5% from the winnings.  Matchbook does the same thing but with lower percentages.
hero member
Activity: 2926
Merit: 636
July 21, 2020, 07:45:41 PM
#63

Crypto give freedom even for betting Wink since everyone is able to place the bet at best odds in the place that he wants.

That's the reason why crypto casinos has a good potential in the future as we can gamble in different gambling sites still being anonymous. I don't know how the government can control on the regulation about this but I am one of the people who are enjoying gambling despite the fact that gambling is illegal in our country.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
July 21, 2020, 05:56:27 PM
#62
However sometimes it depends from the Country since were there is a monopole it's very easy find very bad odds Sad
No competition doesn't create any advantage for betters

You are right, and honestly, I'm thankful that we have the crypto sportsbook where we can easily bet because I heard before, in some countries there are middleman where they accept bet but you are given a bad odds since they also make money, so with crypto sportsbook, we can directly bet on the site, and take note, crypto sportsbook odds are very competitive with fiat sportsbook odds.

In Italy (my country) I can't bet with betfair.com that has the highest odds of the market .
But I am allowed to play with betfair.it . There is an impressive difference for the odds in exchange games. Plus some markets like "greyhounds" or "Horse Racing" are completely not quoted. Sad
Crypto give freedom even for betting Wink since everyone is able to place the bet at best odds in the place that he wants.
legendary
Activity: 3248
Merit: 1160
Fully Regulated Crypto Casino
July 21, 2020, 05:50:22 PM
#61
However sometimes it depends from the Country since were there is a monopole it's very easy find very bad odds Sad
No competition doesn't create any advantage for betters

You are right, and honestly, I'm thankful that we have the crypto sportsbook where we can easily bet because I heard before, in some countries there are middleman where they accept bet but you are given a bad odds since they also make money, so with crypto sportsbook, we can directly bet on the site, and take note, crypto sportsbook odds are very competitive with fiat sportsbook odds.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
July 21, 2020, 05:46:04 PM
#60
@bitgolden
sportsbook have this difference in odds since they should equilibrate betting made and reduce the risk of losing their money Wink
best definition that I have found:
Quote
Prices are set in a way that reduces variance and ensures profit while still roughly reflecting the real probability of an event occurring.  This is a balance of making a profit and ensuring punters are still attracted to bet on the outcome.

For reference and more info
https://www.onlinebetting.org.uk/betting-guides/how-do-bookmakers-set-odds-and-make-money.html

However sometimes it depends from the Country since were there is a monopole it's very easy find very bad odds Sad
No competition doesn't create any advantage for betters
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
July 21, 2020, 05:29:17 PM
#59
Only after this topic, I just came to know about existence of these many different odds in sportsbetting world. Unfortunately where I do gamble mostly is not showing up anything like this kind of different odds but only some numbers which are usually 1.1 to 3.5 or something Grin Grin. Surprisingly I have been into sportbetting for years by assuming odds are just the multiplier while winning and nothing more Shocked.

I guess for the people who get into gambling only after adopting bitcoin and then dicing is the only way for favorite gambling, sportsbetting are something to risky to go with. This is what my level of expose in gambling. But like trading, gambling is also having lots of aspect to learn and make use for better experiences.
sr. member
Activity: 1876
Merit: 318
July 21, 2020, 02:33:40 PM
#58
For me, bitedge is the best site for odds comparison, at least it helps to choose a probability sportsbook that can provide profit.
Only a small number of betting odds comparison sites accept all cryptocurrency, usually only accepts with fiat. I also like the look
of the website Bitedge is simple and eye catching. Even the features available are quite complete, so it really makes it easy for users.

legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
July 21, 2020, 10:12:39 AM
#57
I am using Bitedge website for some time and I found it very useful.
For example let's look at todays Premiewr League match Manchester United vs Watford
We can clearly see different odds in bookies, and we should use that in our advantage.

https://bitedge.com/odds-comparisons/english-premier-league/
legendary
Activity: 2464
Merit: 1943
Leading Crypto Sports Betting & Casino Platform
July 10, 2020, 04:59:58 PM
#56
The crowd is always betting on favorites. And as far as I know, studies have been conducted and it turned out that the bet on the favorites is the least profitable.

If we look at the overall result, we can only choose between "profitable and not profitable", so I would like to tag the public to be not profitable.

That would be great, but we have no such choice in this case. There is a choice between "unprofitable and very unprofitable"  Cheesy

You are right here. But the problem is that on average the bet on an outsider is also unprofitable, although the loss is less than in the first case.
Therefore, even such a strategy loses to the strategy "do not bet at all"  Cheesy

I'm just referring on the overall bets and I'm glad that you have agreed that the public are betting on the favorites all the time, so they will lose most of the time. How I wish I can always follow this method, but TBH, it's hard to follow as sometimes you also like to enjoy watching and your favorite team is sometimes a public bet.

I hope that if you find time to test this method, you will start not with real money bets, but with a theoretical check  Smiley
hero member
Activity: 2716
Merit: 904
July 09, 2020, 05:29:49 AM
#55
Oddsportal is the best I have ever used and I still use this service for more than 6 years. The total odds selections and variety of choices in real-time odds update page is second to none for me, the simplicity of live data comparison let me choose the best bookie from  100 alternative websites. Pinnacle has the juicy odds and the second bookie is Asianodds.

You are referring to this site (https://www.oddsportal.com/bookmakers/)?

I think I didn't find the names of the popular sportsbook in the forum, unlike what OP linked to us.
To my knowledge,  in the list, only 1xbet  accept bitcoin, can you enlighten me if there's more?
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