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Topic: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds - page 70. (Read 135445 times)

newbie
Activity: 4
Merit: 0
Dear support,
I cannot place an order from API.
Is there any issue going on?
Market ID: 88769955928
sr. member
Activity: 280
Merit: 250
sr. member
Activity: 280
Merit: 250
And one more idea.  An example
Federer win
yes @2
no @2
I have 1BTC - is all what i have on my balance
next i make a bet  YES - 1BTC (all-in, my balance now is a zero)
Federer play nice and after a some time , i see that No is a @4
and i make a bet  No - 0.5BTC (in same time when i have zero on my balanse)
And what we have
Yes - profit +0.5BTC
No - profit +0.5BTC
I can't lose more than 1BTC but i make bet in a summ at 1.5BTC, at time when i have only 1BTC in my balance
if lose Yes - 1 and + 2-0.5 at No
if lose No  - 0.5  and + 2-1 at Yes

I hope you understand me)
with this step you can up  liquidity on your markets

also is work to another way
Let's say Federer play as sh*** and i want fix my losses and save some money
now odds to No @1.3
i make a bet  No - 1.54 BTC
Yes - lose -0.54BTC
No - lose -0.54BTC
I'm a save 0.46BTC . Still can't lose more than 1BTC but i make bet in a summ at 2.54BTC, at time when i have only 1BTC in my balance

So the more bets - the more fees
Also with this system, players can make much more bets. Because they will be have much more free money for another markets


From the above case, it looks like that you can make more bets but you will lose in total. That is what "margin" means on the market detail page.
so, is is possible to do what i said? I can't find "margin" on the page.I think is not work here. Now i'm in all-in and i can't hedging my profit without new deposit, only wait when market is resolved
legendary
Activity: 2772
Merit: 3282
Probably all AGAINST bets pay out.
I'd expect all bets to be void, since the election never happened. If a game never happens, everything is void, so I would assume that it would be the same case with elections.

im so confused about draw bets... for example i want to predict draw any game. am i supposed to bet "on" or "against". what does "against" mean in draw? is it mean of home(1) or away(2)?

and my next question > if i bet, odds are guranteed? or changing depends incoming bets untill close?
If you bet "On" an event, it means you are betting for it to happen. If you are betting "against" something, than you are betting for it to not happen. Laying (against betting) on draw would mean your bet wins if either 1 or 2 wins, but lose if it was a draw. Taker bet odds are guaranteed - maker bet odds might not be bet against and only partially/not accepted.
legendary
Activity: 1834
Merit: 1019
im so confused about draw bets... for example i want to predict draw any game. am i supposed to bet "on" or "against". what does "against" mean in draw? is it mean of home(1) or away(2)?

and my next question > if i bet, odds are guranteed? or changing depends incoming bets untill close?

on means you're betting on the outcome becoming true
against means you're betting against the outcome becoming true

odds I think are matched with betmakers, or takers if you are the bet maker
member
Activity: 93
Merit: 10
Srry 4 my bad English
im so confused about draw bets... for example i want to predict draw any game. am i supposed to bet "on" or "against". what does "against" mean in draw? is it mean of home(1) or away(2)?

and my next question > if i bet, odds are guranteed? or changing depends incoming bets untill close?
legendary
Activity: 1834
Merit: 1019
Hi,

can someone tell me what happens to the bets placed on the "Next President" market if:

the election doesn't go ahead, or is somehow annulled?

do the "against" betters win by default?



Probably all AGAINST bets pay out.
newbie
Activity: 7
Merit: 0
Hi,

can someone tell me what happens to the bets placed on the "Next President" market if:

the election doesn't go ahead, or is somehow annulled?

do the "against" betters win by default?

legendary
Activity: 1834
Merit: 1019
sr. member
Activity: 473
Merit: 252
please do not contact us here via PM.
Dear support,
Another question about API,
Is the BTC amount of unmatched bid/ask of Runners are updated real time?
I got a result of "partially matched" when I  submitted an order to take the bet which had enough unmatched BTC amount.

Yes the odds on the market page on Fairlay are updated in real time when you open it.
sr. member
Activity: 473
Merit: 252
please do not contact us here via PM.
Unfortunately there is no way around some public unique identifier if we want to become more decentralized.  The very simple process of creating new accounts to protect your privacy can probably be automated.
newbie
Activity: 4
Merit: 0
Dear support,
Another question about API,
Is the BTC amount of unmatched bid/ask of Runners are updated real time?
I got a result of "partially matched" when I  submitted an order to take the bet which had enough unmatched BTC amount.
newbie
Activity: 40
Merit: 0
Currently not, but a few words about your privacy concerns regarding the User ID:

In an effort to decentralize our infrastructure we are  storing all crucial data  like  market data,  relevant user data (User ID, bankroll, Public Key) and order data on different servers. Sooner or later this data will be made publicly available, so that anyone can process and verify bets, settlements and bankroll adjustments.  

Our next step in this direction will be the real time proof of reserve, which we will release till the end of the year.

Private data like email adresses, bitcoin addresses, private keys and password hashes will of course not be shared and be kept absolutely secure.  

If you want to be 100% sure you are not tracked or profiled via your User ID in the future, you may create a new account every other week.
This is similiar to Bitcoin, where you can either reuse Bitcoin addresses for convenience or use a new one for every payment if you value privacy.


Why would you ever want/need to make a user ID and his online activity available to the public?  No other sportsbook or exchange does this -- and for good reason. 

There should be no need for users to create new IDs every week if they do not want to be tracked and published.
sr. member
Activity: 473
Merit: 252
please do not contact us here via PM.
Currently not, but a few words about your privacy concerns regarding the User ID:

In an effort to decentralize our infrastructure we are  storing all crucial data  like  market data,  relevant user data (User ID, bankroll, Public Key) and order data on different servers. Sooner or later this data will be made publicly available, so that anyone can process and verify bets, settlements and bankroll adjustments.  

Our next step in this direction will be the real time proof of reserve, which we will release till the end of the year.

Private data like email adresses, bitcoin addresses, private keys and password hashes will of course not be shared and be kept absolutely secure.  

If you want to be 100% sure you are not tracked or profiled via your User ID in the future, you may create a new account every other week.
This is similiar to Bitcoin, where you can either reuse Bitcoin addresses for convenience or use a new one for every payment if you value privacy.
newbie
Activity: 40
Merit: 0
Only admins (our staff) have access to the Account ID, market makers do not.

So as an example:  if a MM receives two bets that are 10 minutes apart, he has no way to know whether they did or did not originate from the same account, correct?
sr. member
Activity: 473
Merit: 252
please do not contact us here via PM.
Only admins (our staff) have access to the Account ID, market makers do not.
newbie
Activity: 40
Merit: 0
To correct myself:  Private information like that are of course only available to admins, market makers do not have access to that information via our API.

So, what exactly do market makers have access to?  An account ID number, or no information about the source of the bet whatsoever?
sr. member
Activity: 473
Merit: 252
please do not contact us here via PM.
To correct myself:  Private information like that are of course only available to admins, market makers do not have access to that information via our API.
newbie
Activity: 40
Merit: 0
@erol34    I would have to check again, but I think it might be possible to retrieve the User ID via our API.  Even if it's possible,  I doubt that this information is used after all.

Why would you allow this?  That's an incredible violation of privacy.
sr. member
Activity: 473
Merit: 252
please do not contact us here via PM.
@erol34    I would have to check again, but I think it might be possible to retrieve the User ID via our API.  Even if it's possible,  I doubt that this information is used after all.
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