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Topic: MBET.IO RISK FREE FIRST BET. MORE THAN 100K RACES PER YEAR - page 8. (Read 19529 times)

member
Activity: 307
Merit: 20
@LuckyCL

There was an error in the deduction calc. 

You should have been paid 49.62 as there was only 2 places paid in that race.  I will adjust your account ASAP.

The calc is as follows:

The horse scratched was paying 6.5 at the time of scratching, that's a deduction of 14 for the win and 16 for the place ( I previously told you 13 for the place on the assumption that 3 places would be paid)

THE WIN
5mBTC x 9 = 45
45 x .14 = 6.3
45 - 6.3 = 38.7

THE PLACE
5mBTC x 2.6 = 13
13 x .16 = 2.08
13 - 2.08 = 10.92

So total payout should be:  49.62 mBTC 


Thanks
member
Activity: 307
Merit: 20
Quote
And do wagers on the scratches horse get refunded?

Yes the wagers on the horse that has been scratched gets refunded.

Quote
I still do not understand my case

I bet stake 5mbtc x 9 odds  + 5mbtc place (Each way). I can win 58mbtc.
But with the scratches horse the deduction are 14% win and 13% place

Finally I won 46.66. I dont know how calculated it

I will look into this now and get back to you shortly

Quote
can you please add the handicaps for all the soccer games cause not all of them have betting option on handicap , for example was going to bet PSG -2.5 and couldn't find any handicap line for that specific game
other games have these but not all of the games , so it would be nice to have them for all games or at least games that involve the big teams like PSG where betting on ML usually have so tiny odds

Its up to the traders what markets they put up.  But I see your point.  I will bring it up in the products meeting tomorrow morning.
legendary
Activity: 2436
Merit: 1804
guess who's back
can you please add the handicaps for all the soccer games cause not all of them have betting option on handicap , for example was going to bet PSG -2.5 and couldn't find any handicap line for that specific game
other games have these but not all of the games , so it would be nice to have them for all games or at least games that involve the big teams like PSG where betting on ML usually have so tiny odds
newbie
Activity: 50
Merit: 0
Yes, refunded


Shaun, I undestand.

I still do not understand my case

I bet stake 5mbtc x 9 odds  + 5mbtc place (Each way). I can win 58mbtc.
But with the scratches horse the deduction are 14% win and 13% place

Finally I won 46.66. I dont know how calculated it

member
Activity: 153
Merit: 10
Hey all,  Just sticking a post to let you know that we are taking down the faucet. 

We are sorry for the players that use it within reason, its the faucet leeches that have ruined it.  We dont mind that they come along and play that's what it is there for, it is when a user has dozens of accounts and more than 70% of live chat time is eaten up by guys that have had accounts for months and never deposited that we had to put a stop to it.

Again sorry for any inconvenience, but if we don't stop it now the live chat support will start to be effected.


Wow your site must be total shit if it can’t have a faucet giving less then  2 cents. Must have almost no customers. Just shut down. Play at nitrogen. Having free nfl survivor pool with prizes https://nitrogensports.eu/r/721425
member
Activity: 153
Merit: 10
Hi Shaun

I see the deductions table but I'm trying to do the calculation and it does not fit me. You could explain it using an example please


Say you place a $100 bet on a horse with fixed odds of $2.50. There was a late scratching and there was a 36c deduction per dollar (36%). To calculate the payout:

$100 stake x $2.50 odds = $250 face value of ticket (this is what you would have been paid if there were no deductions)
$250 face value of the ticket x 36c deductions per dollar = $90 deducted amount
$250 face value of ticket - $90 deducted amount = $160 actual payout.
And do wagers on the scratches horse get refunded?
member
Activity: 307
Merit: 20
Hi Shaun

I see the deductions table but I'm trying to do the calculation and it does not fit me. You could explain it using an example please


Say you place a $100 bet on a horse with fixed odds of $2.50. There was a late scratching and there was a 36c deduction per dollar (36%). To calculate the payout:

$100 stake x $2.50 odds = $250 face value of ticket (this is what you would have been paid if there were no deductions)
$250 face value of the ticket x 36c deductions per dollar = $90 deducted amount
$250 face value of ticket - $90 deducted amount = $160 actual payout.
newbie
Activity: 50
Merit: 0
Hi Shaun

I see the deductions table but I'm trying to do the calculation and it does not fit me. You could explain it using an example please
hero member
Activity: 1344
Merit: 507
Do I have to make a deposit to receive the "Risk Free Bet"?

Because if I have to make a deposit it is anything but risk-free, considering that you use a domain of the Coingaming scam group and hide the operator! Cheesy
member
Activity: 307
Merit: 20
Hey all,  Just sticking a post to let you know that we are taking down the faucet.  

We are sorry for the players that use it within reason, its the faucet leeches that have ruined it.  We dont mind that they come along and play that's what it is there for, it is when a user has dozens of accounts and more than 70% of live chat time is eaten up by guys that have had accounts for months and never deposited that we had to put a stop to it.

Again sorry for any inconvenience, but if we don't stop it now the live chat support will start to be effected.


Wow your site must be total shit if it can’t have a faucet giving less then  2 cents. Must have almost no customers. Just shut down. Play at nitrogen. Having free nfl survivor pool with prizes https://nitrogensports.eu/r/721425

Its not about the $$  its about faucet leeches doing nothing other than complaining on live chat.  We are one of the only sportsbooks that provide a live chat support feature, I'm sure our players would much prefer that live chat stays and we dispose of the faucet leeches rather than the alternative.

Thanks for your input.

EDIT: for the record I know that you are Iwuti*****@***oud.com and  Iwutita***@gm***.com you are exactly one of the faucet leeches we are talking about.  

Quote
@Heritagesports From a post in Re: *KOMOBIT* is looking for beta testers - help us and get your reward
My sign up is iwutitan
I’m playing on my phone and the bottom of the page is all jumbled, can’t read or see it. Also I’m not seeing a rules page or an explanation of how the outcomes are decided

@Heritagesports thats a quote from another thread that you have posted in, so you have gone to the trouble of using two accounts to complain in this one thread you are clearly both @Heritagesports and @iwutitan  frankly get a life man. You are the exact reason we have closed the faucet down, the faucet was for people to demo the site have a bit of fun or try a new betting strategy.  NOT FOR GUYS LIKE YOU TO OPEN MULTIPLE ACCOUNTS AND DRIVE US MAD!

Also I would like to congratulate you on having two accounts with negative trust ratings!
legendary
Activity: 2436
Merit: 1804
guess who's back
Your site has two major issues: long grading times and small pool of sports. Many other sites grade way faster and offer way more lines.

AFAIK grading isn't slow for all the markets , it's only slow for some of the markets and you can contact live support in case you waited long for your bet to be settled
but yeah making it faster is better of course
and I have asked before about adding more lines and more types of sports , the answer has always been is that mbet focuses more on horse racing but with time they may start taking care of the other sports as well
jr. member
Activity: 87
Merit: 1
Your site has two major issues: long grading times and small pool of sports. Many other sites grade way faster and offer way more lines.
member
Activity: 307
Merit: 20
Hey all,  Just sticking a post to let you know that we are taking down the faucet. 

We are sorry for the players that use it within reason, its the faucet leeches that have ruined it.  We dont mind that they come along and play that's what it is there for, it is when a user has dozens of accounts and more than 70% of live chat time is eaten up by guys that have had accounts for months and never deposited that we had to put a stop to it.

Again sorry for any inconvenience, but if we don't stop it now the live chat support will start to be effected.
newbie
Activity: 50
Merit: 0
member
Activity: 307
Merit: 20
Hi Shaun

I have a question

If I bet:

Stake: 10mbtc
Odds: 4.0

How many points do I accumulate?


10 x 12.5 x (4.0 - 1) = 375 points?



Ok so this may sound a little confusing but I will try and explain it as simple as I can.  Always remember that the price score can never be greater than 1 (1 is Max).

Price score is Square root of Odds, then -1.

So square root of 4 = 2.
2-1 = price score of 1. (The max)


So equation for your bet is:

10 x 12.5 x 1 = 125

I hope that helps.
member
Activity: 307
Merit: 20
The biggest problem with this site is the slow grading. It takes hours for things to get graded, especially tennis. I’ve already contacted chat this morning and even after five hours my bet isn’t graded

yeah had this slow grading happening to me once , but it was graded right after I contacted the live support so no big deal with that since a lot of other sites as well have slow grading for some sports or events
it's only annoying when you are waiting the winnings and have no balance to bet on an event that will start soon , but guess live support can handle that

Feel free to contact us on livechat if you ever come across any sort of issue like this.  As @SyGambler pointed out for his case, if you hit the livechat up they will get a trader to deal with it ASAP.
legendary
Activity: 2436
Merit: 1804
guess who's back
The biggest problem with this site is the slow grading. It takes hours for things to get graded, especially tennis. I’ve already contacted chat this morning and even after five hours my bet isn’t graded

yeah had this slow grading happening to me once , but it was graded right after I contacted the live support so no big deal with that since a lot of other sites as well have slow grading for some sports or events
it's only annoying when you are waiting the winnings and have no balance to bet on an event that will start soon , but guess live support can handle that
newbie
Activity: 50
Merit: 0
Hi Shaun

I have a question

If I bet:

Stake: 10mbtc
Odds: 4.0

How many points do I accumulate?


10 x 12.5 x (4.0 - 1) = 375 points?

member
Activity: 307
Merit: 20
The biggest problem with this site is the slow grading. It takes hours for things to get graded, especially tennis. I’ve already contacted chat this morning and even after five hours my bet isn’t graded

Can you tell me what match you are referring to.  Also can you let me know what your username is via PM so that I can review.  I cant see any tennis that hasn't been resulted.

Ok.  I have just reviewed both your live chat and your bets.  I must say I feel that your comments are a little harsh.  Your Chat was answered by the operator Stephen within 1 minute and he continued to chat with you for the next 2 minutes. 

The next thing is. We give out Faucet drips for people to try out the system and yes I'm sure we have some failings, but; you have had the account since 25th of October last year, you have never deposited and in the past 7 days alone you have had 14 faucet drips. 

We appreciate feedback and we are always striving to improve not only the system but our procedures as well.  We look forward to the day you become a depositing customer!
newbie
Activity: 50
Merit: 0

Yes!!!

It is the reason of my love for mbet


but I liked it a lot more when we can see fixed odds early
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