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Topic: DirectBet – LIVE Sportsbook & Racebook. Now Accepting Ether ! - page 353. (Read 759883 times)

legendary
Activity: 1288
Merit: 1010
Happy Birthday, DirectBet !

To celebrate our first birthday we're giving away 10 mBTC free bets to each and every member who contributed to this thread during the past year.

If you ever posted in this thread prior to this post, you are eligible for a 10 mBTC free bet !

If you win the free bet you get to keep both the bet stake and winnings.

To claim your free bet :

Go to www.DirectBet.eu and order any bet that you like.

If you select a sports bet, it must be ordered at least 7 hours before the start of the game.

Send me a private message with your bet ID and I will fund it with 10 mBTC. Please don't post free bets here.

To be eligible, you must have at least 1 post in this thread prior to this post.

Offer expires on December 31st at midnight UTC. You have until then to claim your free bet.

Good Luck !
legendary
Activity: 1288
Merit: 1010
For example in the last month I made a turnover more than 200 BTC. It is very very very much with betting on underdog.

If you bet 200 BTC during the month at DirectBet, you get 1.6 BTC in VIP Rewards. So even if you don't reach the highest VIP Reward milestone, that's still the most rewarding program among all other Bitcoin Sportbooks.

The other promo that you quoted gives a little bit extra pay to the most heavy bettor in exchange for not paying anyone else except the top 3 players, and even then the reward is still smaller than ours.

That's not a fair loyalty program in our opinion. We do not wish to limit the rewards to only 3 players.
legendary
Activity: 1036
Merit: 1002
Because I will never be able to score big points with such a system, as you have.

So your betting volume is not enough to reach the first VIP Rewards milestone ? Is that the problem ?
No, i have a good bet volume. More than many players. But with your rule i cant never get 500 000 points.
For example in the last month I made a turnover more than 200 BTC. It is very very very much with betting on underdog.
But it is only 200 000 point..... pffffffffffffff
It is too easy make 1000 btc turnover if placed bet with odds 1,01-1,1.......I can get 1000 000 point in 3 weeks with betting on odds 1,01-1,1. But this is not my strategy.
I find it better to play on betcoinsports, and always be the top 1 per week (it is very easy with my volume.....). Then I'll get more bonuses on 25% than on directbet ... min 1 btc (+every day bonus) in 1 month vs 0,75 btc...
YOUR LOYALITY SYSTEM FOR CASINO. NOT FOR SPORTBOOKS!
hero member
Activity: 504
Merit: 500
Because I will never be able to score big points with such a system, as you have.

So your betting volume is not enough to reach the first VIP Rewards milestone ? Is that the problem ?

Yeah its the problem for most of people, if possible make it possible that the Reward Points will rollover to next month Smiley
legendary
Activity: 1288
Merit: 1010
Because I will never be able to score big points with such a system, as you have.

So your betting volume is not enough to reach the first VIP Rewards milestone ? Is that the problem ?
hero member
Activity: 504
Merit: 500
How much max bet per toto parlay that can be played ?

0.05 milestone is weekly reward and can't be roll over ,right ?

Max win is 7.7 BTC so max bet on toto depends on odds Smiley , if 100x then i think 0.077 is max bet

The milestone is monthly and so easy to reach also no rollover to next month
legendary
Activity: 1218
Merit: 1001
How much max bet per toto parlay that can be played ?

0.05 milestone is weekly reward and can't be roll over ,right ?
hero member
Activity: 504
Merit: 500
I have send you a message with designing queries Smiley
legendary
Activity: 1036
Merit: 1002
Betcoinsport also include coefficient in calculating reward of their bonus programm
Why does it matter for you whether other players win less or more rewards ? It doesn't affect your reward at all.
Because I will never be able to score big points with such a system, as you have. I play bet on the outsider. This is a game with a lot of risk and in your sytem of rewards it is (strategy with high risk) encouraged less than sports betting with less risk. Any guy can easily collect 500,000 points, making a lot of bets with odds of 1.1. I can not do it ever. For me and for all the players who tied for outsiders, your reward system does not work well. You have to come up with a system that encourages the risk. Otherwise, for many players your loyalty program is not be interesting.                    Risk (odds) must be considered!
legendary
Activity: 1288
Merit: 1010
Betcoinsport also include coefficient in calculating reward of their bonus programm

This program that you're quoting awards the top 3 players, all other players don't get anything, so it's like a contest.

In a contest, you may be right and some adjustments may be needed, to factor in the odds \ risk.

But our VIP Rewards Program is not a contest. You earn rewards based on how much you bet, regardless of what the other players are doing.

Why does it matter for you whether other players win less or more rewards ? It doesn't affect your reward at all.
legendary
Activity: 1036
Merit: 1002
Betcoinsport also include coefficient in calculating reward of their bonus programm https://www.betcoin.ag/bonuses/highest-win-margin-0
legendary
Activity: 1036
Merit: 1002
But you can read about such programm of LEON bets here http://www.leonbets.net/sportsbook?do=bonuspointscalc

Lets say that you place there bets at odds of 3 (decimal) and that you are expected to win 1 out of 3 on average (for simplicity I assume no house edge).

I dont care about the size of the award. Though at least 0 BTC or 100 BTC. I want the conditions were FAIR! Now it is not fair! By your rules some players have an advantage over others in getting bonus points!
legendary
Activity: 1288
Merit: 1010
But you can read about such programm of LEON bets here http://www.leonbets.net/sportsbook?do=bonuspointscalc

Lets say that you place there bets at odds of 3 (decimal) and that you are expected to win 1 out of 3 on average (for simplicity I assume no house edge).

So in their program, for every 3 bets that you place of $1 each you are supposed to get on average 4 points.

1 point * 2 losses = 2 points. 2 point * 1 win at odds of 3 = 2 points. 2 + 2 = 4.

So you get 1.33 point for each $1 worth of bets. Now you need 150,000 points to get iPhone 5.

So you need to bet $112,500 to get iPhone 5 worth $500.

That's equal to 350 BTC in bets, which at DirectBet will earn you between 2.8 BTC and 3.5 BTC.

What do you prefer, iPhone 5 or 3 BTC ?

Also, at DirectBet you get points for pushed bets, but not on the other site.

I hope this convinces you that our VIP Rewards Program is more rewarding for you in its existing terms.
legendary
Activity: 1036
Merit: 1002
I dont need more reward. I only need quitable redistribution of reward between all players with different betting strategy!
With your suggestion you will still earn the same rewards as you do now (because it's the maximum we can give back), but others who bet on the favorite will get less rewards.
NO NO NO NO!!!!!!!!!
This is your main misstake!
Player 1 and Player 2 can make MORE bets and BIG size of each bets than Player 2 with the same risk. And they will be able to earn as much points as there are player number 2, if you will provise fair rule for all. I think that you've never placed a bet, if you do not understand that!
I cant see now rules of binside programm of bwin too. But it exist 100%. But you can read about such programm of LEON bets here http://www.leonbets.net/sportsbook?do=bonuspointscalc
Also you can read the rules of similar programs from any favorite bookmakers. All of it include COEFFICIENTS which made sports betting.
legendary
Activity: 1288
Merit: 1010
I dont need more reward. I only need quitable redistribution of reward between all players with different betting strategy!

With your suggestion you will still earn the same rewards as you do now (because it's the maximum we can give back), but others who bet on the favorite will get less rewards.

Is that what you suggest ? It's actually better for us, we will have to pay less rewards, but those who usually bet on the favorites will not like it, why reduce their rewards ?

Bwin has such loyality programm for sports bet as you have. But they do not award points for the low rates (1,01-1,1), and calculate reward point with the potential gain rather than the entire bet!

I couldn't find any information on their sports betting loyalty program. Where did you find it ?

I want to show you that our VIP Rewards Program is better for you.
legendary
Activity: 1036
Merit: 1002
Its unfair. You dont understand me.  And these system of reward is not interesting for people who bets on underdog. They never return 1% of their bets stake back with that rules, as you think.
I'm sorry but I don't understand. Why do you not find our VIP Rewards Program appealing ?
Say for example that you bet a total of 100 BTC. You get 0.8 BTC back through our VIP Rewards program.
To the best of our knowledge no other book gives you back that much. Where do you find a better deal ?
What I was trying to explain in my previous post is that no matter how we change the loyalty points distribution, you will still not be able to get more than 0.8 BTC back for betting a total of 100 BTC as in the example above, so it will not make any difference. You are already getting the maximum possible.
Reward is not smooth for everyone.  Someone can the best chance to score more points (who play with favorite and can make many many many bets....) Your system is good for the casino, but not for sports betting, where everything depends on the coefficients.
Now we have 1 point for each 0,1 LTC of the bet. We must have, for example,  1 point for each 0,1 LTC of the potential gains of the bet.  I'm not saying that this should be so. But there must be changes. Mb not 1 point, mb 0,5 point or 0,1, but ONLY for potential gains of the bet.
FOR EXAMPLE:
Player 1 make bet for 100 LTC on event with rate 1.7. He has potential gains 170 LTC. His point reward is (170/0,1)*0,5 = 850 points (if we have 0,5 point for each 0,1 LTC of the potential gains).
Player 2 make bet for 100 LTC on event with rate 3.7. He has potential gains 370 LTC. His point reward is (370/0,1)*0,5 = 1850 points (if we have 0,5 point for each 0,1 LTC of the potential gains).
Player 3 make bet for 100 LTC on event with rate 1.1. He has potential gains 110 LTC. His point reward is (110/0,1)*0,5 = 550 points (if we have 0,5 point for each 0,1 LTC of the potential gains).
IT WOULD BE FAIR!
I dont need more reward. I only need quitable redistribution of reward between all players with different betting strategy!
Bwin has such loyality programm for sports bet as you have. But they do not award points for the low rates (1,01-1,1), and calculate reward point with the potential gain rather than the entire bet!
legendary
Activity: 1288
Merit: 1010
Its unfair. You dont understand me.  And these system of reward is not interesting for people who bets on underdog. They never return 1% of their bets stake back with that rules, as you think.

I'm sorry but I don't understand. Why do you not find our VIP Rewards Program appealing ?

Say for example that you bet a total of 100 BTC. You get 0.8 BTC back through our VIP Rewards program.

To the best of our knowledge no other book gives you back that much. Where do you find a better deal ?

What I was trying to explain in my previous post is that no matter how we change the loyalty points distribution, you will still not be able to get more than 0.8 BTC back for betting a total of 100 BTC as in the example above, so it will not make any difference. You are already getting the maximum possible.
legendary
Activity: 1288
Merit: 1010
It's also possible for you to manipulate "SHA256 cryptographic algorithm". SHA = Secret Hash Algorithm? What a fucking joke.

Perhaps you can tell us how ?

First off, you created it (or contracted someone to create it for you).

Publish the algorithm.

It's published here : http://www.directbet.eu/Rules.cshtml#Dice

Everything you need in order to verify that Direct Dice is provably fair is in the link above.

We describe the exact algorithm of how the dice is rolled, so you can run it yourself and verify.

It's not possible for us to influence the roll of the dice. If you disagree please show us how.
legendary
Activity: 1288
Merit: 1010
Your entire betting network is down. Directdice, live betting, pre-game betting, etc...

Betting was suspended for a few minutes.

All bets are back up now.
hero member
Activity: 560
Merit: 502
Your entire betting network is down. Directdice, live betting, pre-game betting, etc...
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