DeFight.io - Decentralized Sportsbook - Create, Promote, Get Paid. - No KYC!

mlotis

newbie

Activity: 75

Merit: 0

Quote from: beerlover on November 10, 2019, 10:38:41 AM

Basically instead of having some sort of website for your own sportsbook you are using this platform as a betting platform for your own bets. You start an event like lets say premier league game x vs y, then you promote it online, or tell the people you know at least and everyone gets together and bets on any side and whenever one side wins the other side pays for both the winning side plus 3% of all the pot in the middle goes to you.

So, let's say 50 bucks said x will win and 50 bucks said y will win, the x won so instead of getting 100 bucks as win they get 97 bucks and you get the 3 bucks as rake. Now, the website surely gets some too I haven't checked that but this has been quite common in sportsbook world. Not sure if there was any with dapp method but the idea has been around.

You got it. Site takes 2%, so the flat fee for any event is 5%.

mlotis

newbie

Activity: 75

Merit: 0

Quote from: LUCKMCFLY on November 10, 2019, 02:48:52 PM

Quote from: mlotis on November 10, 2019, 01:32:36 PM

Quote from: kryptqnick on November 10, 2019, 12:20:32 PM

Quote from: pakhitheboss on November 08, 2019, 12:18:06 PM

How much more these individuals can scam us! It is a scam. Try it! My friend.

Um, do you have any proof that this website is scamming people? Perhaps you are right, I don't deny it, but to me, it sounds like an interesting idea the op offers. Moreover, it seems that the financial operations are performed via smart contracts, so it might be that it's not even possible for the owner to scam people. Although what seems suspicious to me is that it's unclear what's the profitable part for the website's owner. I mean, people can bet on events or offer their own events and get the percentage of the pot. What about the website? What are the fees it takes or something?

There is a 5% fee on all events, the site takes fees on 2% of each event and the event creator gets 3%, unless the collateral used is BXY token (Beaxy.com), then the event creator takes all 5%. All actions are done via smart contracts and a 3rd party sports API to populate the event names and images. The only intervention allowed is disputes, which will be settled by the site admin if any of them arise.

I'd recommend looking into the site FAQ as most of the questions asked here are there (https://app.defight.io/#/faq)

Is there any way they can lower rates a bit? It is only a suggestion, to make people more attractive, when he is the creator of the event, there is an incentive, but seeing it from the player's point of view is a bit strong. Have you considered thinking about implementing Lightning Network to the platform to include payments with BTC? Many players prefer to use BTC.

The incentive goes to the event creators because they do the leg work to promote the events, if anything, I would probably increase the percentage that goes to them since without event creators no events would get created. The inevitable payout of winning is the incentive for players, they don't need to do anything but buy in. Regarding Bitcoin, it's not possible, as this is 100% decentralized platform running on the Ethereum network, we have no back-end to create BTC deposit addresses or even hold Bitcoin. The site is non-custodial, meaning the site never holds your funds. Each event is a unique smart contract and smart contract holds the funds for each event.

mlotis

newbie

Activity: 75

Merit: 0

Quote from: bitcoin-shark on November 10, 2019, 03:09:39 PM

the idea seems interesting to me, to create my own bet to advertise with friends, in exchange for the users brought to the site to bet you are rewarded with 3% of the pot in eth for example, the site does not seem really decentralized, but i believe that i will try anyway,at the moment there is only one active bet, you need a lot more advertising...

Can you explain to me what part don't you think is decentralized?

bitcoin-shark

hero member

Activity: 2968

Merit: 605

the idea seems interesting to me, to create my own bet to advertise with friends, in exchange for the users brought to the site to bet you are rewarded with 3% of the pot in eth for example, the site does not seem really decentralized, but i believe that i will try anyway,at the moment there is only one active bet, you need a lot more advertising...

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

Quote from: mlotis on November 10, 2019, 01:32:36 PM

Quote from: kryptqnick on November 10, 2019, 12:20:32 PM

Quote from: pakhitheboss on November 08, 2019, 12:18:06 PM

How much more these individuals can scam us! It is a scam. Try it! My friend.

Um, do you have any proof that this website is scamming people? Perhaps you are right, I don't deny it, but to me, it sounds like an interesting idea the op offers. Moreover, it seems that the financial operations are performed via smart contracts, so it might be that it's not even possible for the owner to scam people. Although what seems suspicious to me is that it's unclear what's the profitable part for the website's owner. I mean, people can bet on events or offer their own events and get the percentage of the pot. What about the website? What are the fees it takes or something?

There is a 5% fee on all events, the site takes fees on 2% of each event and the event creator gets 3%, unless the collateral used is BXY token (Beaxy.com), then the event creator takes all 5%. All actions are done via smart contracts and a 3rd party sports API to populate the event names and images. The only intervention allowed is disputes, which will be settled by the site admin if any of them arise.

I'd recommend looking into the site FAQ as most of the questions asked here are there (https://app.defight.io/#/faq)

Is there any way they can lower rates a bit? It is only a suggestion, to make people more attractive, when he is the creator of the event, there is an incentive, but seeing it from the player's point of view is a bit strong. Have you considered thinking about implementing Lightning Network to the platform to include payments with BTC? Many players prefer to use BTC.

mlotis

newbie

Activity: 75

Merit: 0

Quote from: kryptqnick on November 10, 2019, 12:20:32 PM

Quote from: pakhitheboss on November 08, 2019, 12:18:06 PM

How much more these individuals can scam us! It is a scam. Try it! My friend.

Um, do you have any proof that this website is scamming people? Perhaps you are right, I don't deny it, but to me, it sounds like an interesting idea the op offers. Moreover, it seems that the financial operations are performed via smart contracts, so it might be that it's not even possible for the owner to scam people. Although what seems suspicious to me is that it's unclear what's the profitable part for the website's owner. I mean, people can bet on events or offer their own events and get the percentage of the pot. What about the website? What are the fees it takes or something?

There is a 5% fee on all events, the site takes fees on 2% of each event and the event creator gets 3%, unless the collateral used is BXY token (Beaxy.com), then the event creator takes all 5%. All actions are done via smart contracts and a 3rd party sports API to populate the event names and images. The only intervention allowed is disputes, which will be settled by the site admin if any of them arise.

I'd recommend looking into the site FAQ as most of the questions asked here are there (https://app.defight.io/#/faq)

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

Quote from: pakhitheboss on November 08, 2019, 12:18:06 PM

How much more these individuals can scam us! It is a scam. Try it! My friend.

Um, do you have any proof that this website is scamming people? Perhaps you are right, I don't deny it, but to me, it sounds like an interesting idea the op offers. Moreover, it seems that the financial operations are performed via smart contracts, so it might be that it's not even possible for the owner to scam people. Although what seems suspicious to me is that it's unclear what's the profitable part for the website's owner. I mean, people can bet on events or offer their own events and get the percentage of the pot. What about the website? What are the fees it takes or something?

nakamura12

hero member

Activity: 2268

Merit: 669

Bitcoin Casino Est. 2013

Quote from: pakhitheboss on November 08, 2019, 10:51:00 AM

I just we t ahead and visited your website to understand the concept. Frankly speaking I do not have a clue how it will work? The next big question that comes to my mind is that how will you guys earn?

What exactly does decentralised means? Your platform is being controlled by you. Which means it is a centralized sports book.

I think I know how they will earn. When a user create an event then people will bet on it and then when a person lose the bet then they will take an amount of it. I really don't know about it if how much percentage of the amount they will get to earn from bets that are losing and then rest will be rewarded to the winners. In my opinion, it's much the same as the other sportbook but the difference is that the events are decided by users in the site. Not 100% sure so it's better that the op should clarify this question.

beerlover

legendary

Activity: 3052

Merit: 1188

Basically instead of having some sort of website for your own sportsbook you are using this platform as a betting platform for your own bets. You start an event like lets say premier league game x vs y, then you promote it online, or tell the people you know at least and everyone gets together and bets on any side and whenever one side wins the other side pays for both the winning side plus 3% of all the pot in the middle goes to you.

So, let's say 50 bucks said x will win and 50 bucks said y will win, the x won so instead of getting 100 bucks as win they get 97 bucks and you get the 3 bucks as rake. Now, the website surely gets some too I haven't checked that but this has been quite common in sportsbook world. Not sure if there was any with dapp method but the idea has been around.

Zicadis

legendary

Activity: 1372

Merit: 1027

Dump it!!!

Quote from: Haunebu on November 10, 2019, 02:40:08 AM

Seems like your site is still in beta mode at the moment. The design is way too bland and needs improvements asap. Also, I observed that the accepted cryptocurrencies don't include BTC. Will you add BTC in the near future?

You mention natural odds. Is this basically proportional betting(1:1)? Also, the betting volume on your site is way too low which needs improvement op.

I agree with you that there's several things lacking and thus the website could do improvement on but let's not forget that these guys are new and maybe with time they'll listen to the useful comments left on here...or else there might not be much future

Haunebu

hero member

Activity: 3178

Merit: 977

www.Crypto.Games: Multiple coins, multiple games

Seems like your site is still in beta mode at the moment. The design is way too bland and needs improvements asap. Also, I observed that the accepted cryptocurrencies don't include BTC. Will you add BTC in the near future?

You mention natural odds. Is this basically proportional betting(1:1)? Also, the betting volume on your site is way too low which needs improvement op.

mlotis

newbie

Activity: 75

Merit: 0

Quote from: Patatas on November 08, 2019, 05:08:10 PM

Well, not sure about all the praises above but this is how I see it.
- I get the players, I create tournaments, I mean I put all the efforts to get them to use your platform and I get only 5% of the pot? How retarded does that sound? I'd rather use a forum escrow and pay 5% of the total pot to him to organize the tournament.

I'm open to modifying the percentage, what would be a good percentage for event creators to receive?

mlotis

newbie

Activity: 75

Merit: 0

Quote from: tippytoes on November 09, 2019, 05:32:56 PM

Quote from: mlotis on November 09, 2019, 03:17:20 PM

Quote from: Nadziratel on November 09, 2019, 02:58:38 PM

Unfortunately, there is a common mistake. I think you should have paid more attention to the title here. Such short and non-detailed topics arouse suspicion in me.

I understand the suspicion, especially with dApps. However, I implore you to give the site a try, everything on the site is done through smart contracts from creating events to settling events. There is absolutely nothing done within a database or backend server, just the display of the site. The only 3rd party intervention would be disputes and are handled by me, which should occur rarely.

On the site itself, there are detailed FAQ's to help you navigate the functionality much better.

https://app.defight.io/#/faq

Seems that your site is pretty much easy to use. However, even if you are aiming to be decentralized sportsbook, are you considering to have btc as accepted currency in the future? Or is it already out of your plans to include other crypto and just focus on being decentralized?

The goal of the site is to be completely decentralized, so using a smart contract platform is the only way to achieve that. Unfortunately, that means that we won't be accepting BTC directly but we could expand what we allow in the future for collateral as long as it's an ERC-20 coin, which means we could accept WBTC, currently we only support ETH, USDC, and BXY.

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: mlotis on November 09, 2019, 03:17:20 PM

Quote from: Nadziratel on November 09, 2019, 02:58:38 PM

Unfortunately, there is a common mistake. I think you should have paid more attention to the title here. Such short and non-detailed topics arouse suspicion in me.

I understand the suspicion, especially with dApps. However, I implore you to give the site a try, everything on the site is done through smart contracts from creating events to settling events. There is absolutely nothing done within a database or backend server, just the display of the site. The only 3rd party intervention would be disputes and are handled by me, which should occur rarely.

On the site itself, there are detailed FAQ's to help you navigate the functionality much better.

https://app.defight.io/#/faq

Seems that your site is pretty much easy to use. However, even if you are aiming to be decentralized sportsbook, are you considering to have btc as accepted currency in the future? Or is it already out of your plans to include other crypto and just focus on being decentralized?

Oceat

sr. member

Activity: 2506

Merit: 368

I did go straight to your site and hit that "Play Now" button but it doesn't seem to work in me yet because I am on my phone right now, or is it not working for phone. I might try it later when I get home and by looking at the design of your website it's not that kinda appealing IMO.

mlotis

newbie

Activity: 75

Merit: 0

Quote from: Nadziratel on November 09, 2019, 02:58:38 PM

Unfortunately, there is a common mistake. I think you should have paid more attention to the title here. Such short and non-detailed topics arouse suspicion in me.

I understand the suspicion, especially with dApps. However, I implore you to give the site a try, everything on the site is done through smart contracts from creating events to settling events. There is absolutely nothing done within a database or backend server, just the display of the site. The only 3rd party intervention would be disputes and are handled by me, which should occur rarely.

On the site itself, there are detailed FAQ's to help you navigate the functionality much better.

https://app.defight.io/#/faq

Nadziratel

sr. member

Activity: 1568

Merit: 321

★777Coin.com★ Fun BTC Casino!

Unfortunately, there is a common mistake. I think you should have paid more attention to the title here. Such short and non-detailed topics arouse suspicion in me.

mlotis

newbie

Activity: 75

Merit: 0

We're back!

Apologies to those trying to get on the site, we had to conduct some temporary maintenance to the site.

The objective of the site is to allow users to create their own betting events, promote those events and then get paid a percentage of the pot. Event creators have the ability to tag each event with their twitter account as a way of "verifying" their event and you can search for the events of the creators you trust.

There are no odds, it's a straight up win or lose and payouts are proportional to the amount you paid into on your side of the wager. This I hope will create a natural odds system.

You can message me on here or our twitter it https://twitter.com/defight_io if you have any questions

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

I would like to know if the platform has social networks? And if there is the possibility of squaring an event, does the platform also advertise for more people? Or is it the account of the creator of the event?

Patatas

legendary

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Well, not sure about all the praises above but this is how I see it.
- I get the players, I create tournaments, I mean I put all the efforts to get them to use your platform and I get only 5% of the pot? How retarded does that sound? I'd rather use a forum escrow and pay 5% of the total pot to him to organize the tournament.

Topic: DeFight.io - Decentralized Sportsbook - Create, Promote, Get Paid. - No KYC! (Read 441 times)