Do you allow your market makers to know which Fairlay user just placed a bet against them?
Hi. Can you please answer this question?
Topic: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds - page 71. (Read 135445 times)
October 27, 2016, 07:56:30 PM
Do you allow your market makers to know which Fairlay user just placed a bet against them?
Hi. Can you please answer this question?
October 27, 2016, 07:54:31 PM
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
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.
October 27, 2016, 02:22:06 PM
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
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
October 27, 2016, 02:07:41 PM
The documentation is also available on github
https://github.com/Fairlay/PublicAPI
We will update the link.
The general support also takes care of API questions....
Nice but i haven't the skills for https://github.com/Fairlay/PublicAPI
We will update the link.
The general support also takes care of API questions....
October 27, 2016, 02:07:10 PM
@sunshine We currently have other things on our list. But if you or anyone else wants to create an open-source stand-alone windows client or an android app, we would support this project financially with a few BTCs! We will move this matter up in our list once our live product has matured and we have more market makers there.
October 27, 2016, 02:04:09 PM
The documentation is also available on github
https://github.com/Fairlay/PublicAPI
We will update the link.
The general support also takes care of API questions....
https://github.com/Fairlay/PublicAPI
We will update the link.
The general support also takes care of API questions....
October 27, 2016, 02:03:22 PM
do you have or do you have plan to build client for android or other OS?
No, our website is mobile friendly and there is no need for an Android app.
@albertorma
Our presidential election markets and all Bitcoin and News bets do have a commission:
https://www.fairlay.com/market/next-president-11/
We also take fees from our API users.
The 0% commission on sport markets is possible, as market creation and settlement is fully automated.
It's our current policy to not have any affiliate program.
I mean any client work with API for pc or mobile. Is impossible trade in inplay in web browser
I suggest you give a try first it it does not work on the mobile as they claim because a times the device we use may the one causing the problem. But, when you try with another device you will find the differences.
October 27, 2016, 12:09:20 PM
Hi Support,
The document of public API is broken, could you upload a new one?
And do you have a dedicated email for API questions?
The document of public API is broken, could you upload a new one?
And do you have a dedicated email for API questions?
October 25, 2016, 05:40:38 PM
do you have or do you have plan to build client for android or other OS?
No, our website is mobile friendly and there is no need for an Android app.
I mean any client work with API for pc or mobile. Is impossible trade in inplay in web browser
I suggest you give a try first it it does not work on the mobile as they claim because a times the device we use may the one causing the problem. But, when you try with another device you will find the differences.
We will put it on our agenda to review our site on more mobile devices. If there is any concrete issue, please let us know.
October 25, 2016, 01:52:10 AM
Two quick answers:
1. We have a lot of action on the Presidential Election markets. Also some additional traffic is coming in via our API. Furthermore we operate at very very low costs by automating most ouf our internal processes, not offering any affiliate program or doing much advertisement. We also charge fees from our API users and market makers. We are still in the development phase and generating revenue is not our top priority right now.
2. One of our main market makers also hedges his position on Pinnacle from time to time. We can't comment on any deals between that market maker and pinnacle.
1. We have a lot of action on the Presidential Election markets. Also some additional traffic is coming in via our API. Furthermore we operate at very very low costs by automating most ouf our internal processes, not offering any affiliate program or doing much advertisement. We also charge fees from our API users and market makers. We are still in the development phase and generating revenue is not our top priority right now.
2. One of our main market makers also hedges his position on Pinnacle from time to time. We can't comment on any deals between that market maker and pinnacle.
Do you allow your market makers to know which Fairlay user just placed a bet against them?
October 24, 2016, 12:14:36 PM
do you have or do you have plan to build client for android or other OS?
No, our website is mobile friendly and there is no need for an Android app.
@albertorma
Our presidential election markets and all Bitcoin and News bets do have a commission:
https://www.fairlay.com/market/next-president-11/
We also take fees from our API users.
The 0% commission on sport markets is possible, as market creation and settlement is fully automated.
It's our current policy to not have any affiliate program.
I mean any client work with API for pc or mobile. Is impossible trade in inplay in web browser
I suggest you give a try first it it does not work on the mobile as they claim because a times the device we use may the one causing the problem. But, when you try with another device you will find the differences.
October 23, 2016, 06:34:49 PM
@sunshine
we are planning to introduce a bet slip and more tools to make live betting more fun. Unfortunately or live section still needs more market makers. Once we get more on board, we will intensify our efforts to improve the live product!
we are planning to introduce a bet slip and more tools to make live betting more fun. Unfortunately or live section still needs more market makers. Once we get more on board, we will intensify our efforts to improve the live product!
October 23, 2016, 06:29:53 PM
Once a market is created, it is not possible to change it anymore. You have to create a new one! @cc1184
Regarding the general situation: Some of our customers had to wait longer than usual for their settlements in the last days. We are sorry for the delays and our team is working hard to fix everything.
Automatic settlement are working again.
Regarding the general situation: Some of our customers had to wait longer than usual for their settlements in the last days. We are sorry for the delays and our team is working hard to fix everything.
Automatic settlement are working again.
October 23, 2016, 03:47:45 PM
Hey there ---
So, for the life of me I can't figure out how to add McMullin as an option in the Presidential market, uh is that something you guys have to do on your end? I don't want to create a second market just to do that, if I don't have to...
Thanks!
So, for the life of me I can't figure out how to add McMullin as an option in the Presidential market, uh is that something you guys have to do on your end? I don't want to create a second market just to do that, if I don't have to...
Thanks!
October 23, 2016, 06:45:47 AM
do you have or do you have plan to build client for android or other OS?
No, our website is mobile friendly and there is no need for an Android app.
@albertorma
Our presidential election markets and all Bitcoin and News bets do have a commission:
https://www.fairlay.com/market/next-president-11/
We also take fees from our API users.
The 0% commission on sport markets is possible, as market creation and settlement is fully automated.
It's our current policy to not have any affiliate program.
I mean any client work with API for pc or mobile. Is impossible trade in inplay in web browser
October 21, 2016, 11:18:50 AM
Everything will be fine. We are releasing new updates on the website as soon as we receive them.
October 21, 2016, 11:00:56 AM
Can you update us as to the future of sports betting on your platform?
October 19, 2016, 08:09:03 AM
Any updates about the cause of the current downtime (now 36 hours)?
October 17, 2016, 03:24:38 PM
We received a lot of requests to add the support for absolute dates in the past. You can now switch from relative to absolute dates in your Profile Preferences!
Your feedback is highly appreciated. Please leave it here: https://fairlay.uservoice.com/forums/239705-general.
If you check out https://fairlay.uservoice.com/forums/239705-general/status/1188811, you can also find out what we are working on. Currently we try to implement markets with decimal outcomes.
Your feedback is highly appreciated. Please leave it here: https://fairlay.uservoice.com/forums/239705-general.
If you check out https://fairlay.uservoice.com/forums/239705-general/status/1188811, you can also find out what we are working on. Currently we try to implement markets with decimal outcomes.
October 17, 2016, 12:12:09 PM
do you have or do you have plan to build client for android or other OS?
No, our website is mobile friendly and there is no need for an Android app.
@albertorma
Our presidential election markets and all Bitcoin and News bets do have a commission:
https://www.fairlay.com/market/next-president-11/
We also take fees from our API users.
The 0% commission on sport markets is possible, as market creation and settlement is fully automated.
It's our current policy to not have any affiliate program.
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