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Topic: Overview of Bitcoin Accepting Sportsbooks (with margin/house edge comparisons) - page 3. (Read 25319 times)

jr. member
Activity: 141
Merit: 1
Please guys ,

Who knows bookies with large tennis ITF markets ( handicaps , totals games ) like marathonbet.com , olimp.com , fortunejack.com

Please share  Cry
legendary
Activity: 2772
Merit: 3284
Has DarkStar_ been keeping up to date with this?

Clearly https://www.bitcoinrush.io was the heavy favorite, but looking to see if someone is checking this regularly?

We'd love to be on http://bitedge.com/ , but the owner (James) has a bit of a beef with the founder of Rush... we're trying to mend that wound.

Been busy and haven't had much time unfortunately.

Changes for the top books would be:
* Betcoin no longer holds EPL crown I believe
* BetBTC needs to be added and trades blows with BitcoinRush (Pinnacle lines vs rounded Pinnacle lines)
legendary
Activity: 1833
Merit: 1030
Has DarkStar_ been keeping up to date with this?

Clearly https://www.bitcoinrush.io was the heavy favorite, but looking to see if someone is checking this regularly?

We'd love to be on http://bitedge.com/ , but the owner (James) has a bit of a beef with the founder of Rush... we're trying to mend that wound.

member
Activity: 77
Merit: 18
One more example:

EPL Southampton vs  Liverpool

Fairlay  ML market: 12:10 GMT 00
https://fairlay.com/market/southampton-vs-liverpool-113/?referral=81e186f2-0d5e-441c-be8c-d0c8badd1e3d


Liverpool ML BACK 1.427 <---> LAY 1.445
convert to asian handicap:
Southampton +0.5 3.247 vs Liverpool -0.5 1.427
The bookmaker takes a margin of 0.87% (payout is: 99.13%).
member
Activity: 77
Merit: 18
 EPL Southampton vs  Liverpool

Fairlay OVER 2.5 goals market: 12:00 GMT 00

https://fairlay.com/market/southampton-vs-liverpool-119/?referral=81e186f2-0d5e-441c-be8c-d0c8badd1e3d

BACK 1.752 <---> LAY 1.766
convert to asian total:
OVER 1.752 vs UNDER 2.305
The bookmaker takes a margin of 0.46% (payout is: 99.54%).

Even if you add exchange commission (up to 0.25%) you will not get better odds anywhere (except Asian brokers).
newbie
Activity: 77
Merit: 0
@DarkStar_   please i need your escrow service asap, can you please send me a message on telegram @greenblaze, i am limited to message you. awating your quick reply.
member
Activity: 77
Merit: 18
Bookie should offer some altcoins because some times people want to make quick depo + quick bet combination (late decision) and don't want to hold to mach money in sports book accounts.

That's true and that is the reason I started using wbet7. They accept deposits in ETH and few other alts. You can start betting after 3 confirmations for ETH, didn't try others. Usually, I have money in the account within few minutes. If you decide to use them just be careful that you deposit exactly the same amount as you enter in wbet7 site. They have a bit funny way of recognizing deposits (same address for multiple users I believe). I changed my mind once (didn't initiate new deposit) and had to wait for a day before they manually credited my account.

They had quite bad odds in the past but nowadays the situation looks a bit better.

Thanks for suggestion. Just made a cursory overview.

Pros:
+ Instant deposit / withdraw (only depends on block-chain confirmation time (looks like it's totally automatic).
+ Real multi-crypto-curency sports-book (ETH, ETC, BTC, BCH, DOGE, LTC, DASH, VTC, MONA) and you bet directly with currency you deposited (don't convert to some obscure shitcoins).
+ Withdrawal without any fees, (looks like it's unique feature nowadays) they pay transaction fees when you request withdrawal.
+ Very nice and convenient UI (a lot of bookies bloated with ugly javascript code and flash banners) this one looks nice, clean and fast.
+ Fast bet grading (unlike nitrogensports).


Cons:
- Juice odds and poor bet options for major sports.
Example:
NBA Portland Trail Blazers v Oklahoma City Thunder
I see here only ML and OVER/UNDER markets (no spreads, no quarters, etc..)
with odds kike Portland 1.56 vs Oklahoma 2.46 (margin = 4.75%)
- wbet7 limits players.
- Some cases of voiding bets after match is started (this is a big red flag for me).

Conclusion:
This is a jock bookie (for recreational players) with trust issues (voiding bets) and should be avoided by everyone until wbet7 makes significant improvements towards their reputation.
legendary
Activity: 2646
Merit: 2691
Join the world-leading crypto sportsbook NOW!
Bookie should offer some altcoins because some times people want to make quick depo + quick bet combination (late decision) and don't want to hold to mach money in sports book accounts.

That's true and that is the reason I started using wbet7. They accept deposits in ETH and few other alts. You can start betting after 3 confirmations for ETH, didn't try others. Usually, I have money in the account within few minutes. If you decide to use them just be careful that you deposit exactly the same amount as you enter in wbet7 site. They have a bit funny way of recognizing deposits (same address for multiple users I believe). I changed my mind once (didn't initiate new deposit) and had to wait for a day before they manually credited my account.

They had quite bad odds in the past but nowadays the situation looks a bit better.
member
Activity: 77
Merit: 18
I added "Asian market" for comparison (odds you can get using a betting broker like vodds or sportsmarket). I think a crypto sports betting industry has a huge potential because operational cost  should be lower with crypto + anonymity. Also bitcoin is not the best option because of confirmation time. Bookie should offer some altcoins because some times people want to make quick depo + quick bet combination (late decision) and don't want to hold to mach money in sports book accounts.
member
Activity: 196
Merit: 13
Interesting comparisons, but SyGambler makes good points. Agree generally that Bitcoin sports betting still has space to mature, and not just %s.
legendary
Activity: 2436
Merit: 1804
guess who's back
Just for reference:

Uefa Champions League
Porto vs AS Roma -0.5/+0.5 Asian Handicap Market
                                  ODDS      (MARGIN)
asian market       1.900 / 2.070    (0.94%)
fairlay                  1.920 / 2.020    (1.59%)
bitcoinrush          1.880 / 2.050    (1.97%)
nitrogensports     1.877 / 2.033    (2.46%)
fortunejack          1.810 / 1.900    (7.88%)

odds presented at 12:00 GMT(00:00)

P.S. It's one of the most popular events today. Other examples have even worse results.

Conclusion: Bitcoins sports betting market is not developed yet.

while I do agree that asian market is still way better than most of bitcoin sites , but it's also better than pretty much all other big fiat names as well so it's not fair to do this comparison

also fairlay and bitcoinrush odds are from pinnacle , and pinnacle is the biggest brand in Asia
member
Activity: 77
Merit: 18
Just for reference:

Uefa Champions League
Porto vs AS Roma -0.5/+0.5 Asian Handicap Market
                                  ODDS      (MARGIN)
asian market       1.900 / 2.070    (0.94%)
fairlay                  1.920 / 2.020    (1.59%)
bitcoinrush          1.880 / 2.050    (1.97%)
nitrogensports     1.877 / 2.033    (2.46%)
fortunejack          1.810 / 1.900    (7.88%)

odds presented at 12:00 GMT(00:00)

P.S. It's one of the most popular events today. Other examples have even worse results.

Conclusion: Bitcoins sports betting market is not developed yet.
member
Activity: 196
Merit: 13
Hence why already existing fiat sportsbooks could add in crypto but the already existing crypto sportsbooks try NOT to add fiat.

This is true up to a point.. but sportsbet.io started accepting fiat some time ago (started in 2018 I think?). Because fiat is still obviously by far the biggest market, so it is very tempting to try and expand into it. What they don't seem to do is exchange fiat to crypto (or vice versa).. I guess this is because that makes them a crypto exchange and that kind of activity - when not carried out according to regulatory frameworks - attracts the attention of a *lot* of scary authorities.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
yes, can't believe a sportsbook offering fiat deposits without KYC would last very long....

hmm not sure about that to be honest , for example I use a fiat broker that accepts bitcoin and they told me they don't have KYC for bitcoin users
I have been using them for around 1 year now and still able to deposit and withdraw without KYC
so don't think that fiat always mean KYC applied
Brokers are different. Some do and some don't.

Yup.  And why not go deposit straight to a BTC sports betting site directly?  Much easier and more convenient that way...  And faster deposits/withdrawals.
legendary
Activity: 3878
Merit: 1061
yes, can't believe a sportsbook offering fiat deposits without KYC would last very long....

hmm not sure about that to be honest , for example I use a fiat broker that accepts bitcoin and they told me they don't have KYC for bitcoin users
I have been using them for around 1 year now and still able to deposit and withdraw without KYC
so don't think that fiat always mean KYC applied
Brokers are different. Some do and some don't.
The difference is if you are a fiat currency sportsbook there is only two way of doing it, either you do it legally and try to open bank accounts and have accountants and lawyers and KYC as well which allows the sports book to be as legit as it gets or you open something like curacoa or whatever type place and run a shady fiat sportsbook which allows you to be more free but also creates a chance of scamming the customers.

When the sportsbooks are crypto they do not need to be based anywhere and they do not need to involve fiat to be legit, they are just crypto to crypto, you deposit btc and you withdraw btc without a need for a bank, if they want to put fiat into that it will create a whole type of problems for them. Hence why already existing fiat sportsbooks could add in crypto but the already existing crypto sportsbooks try NOT to add fiat.
True. In the UK they do it legally. In Curacao they get a sublicense that doesn't mean a thing. A lot open in Costa Rica since they only need a Data Processing License. What's nice about Nitrogen is even though they are in Costa Rica, some of the names are public knowledge. The shops in Costa Rica and Curacao that are heavy handed on asking for KYC are just doing it to grab our money.
legendary
Activity: 1512
Merit: 1041
yes, can't believe a sportsbook offering fiat deposits without KYC would last very long....

hmm not sure about that to be honest , for example I use a fiat broker that accepts bitcoin and they told me they don't have KYC for bitcoin users
I have been using them for around 1 year now and still able to deposit and withdraw without KYC
so don't think that fiat always mean KYC applied
Brokers are different. Some do and some don't.
The difference is if you are a fiat currency sportsbook there is only two way of doing it, either you do it legally and try to open bank accounts and have accountants and lawyers and KYC as well which allows the sports book to be as legit as it gets or you open something like curacoa or whatever type place and run a shady fiat sportsbook which allows you to be more free but also creates a chance of scamming the customers.

When the sportsbooks are crypto they do not need to be based anywhere and they do not need to involve fiat to be legit, they are just crypto to crypto, you deposit btc and you withdraw btc without a need for a bank, if they want to put fiat into that it will create a whole type of problems for them. Hence why already existing fiat sportsbooks could add in crypto but the already existing crypto sportsbooks try NOT to add fiat.
legendary
Activity: 3878
Merit: 1061
yes, can't believe a sportsbook offering fiat deposits without KYC would last very long....

hmm not sure about that to be honest , for example I use a fiat broker that accepts bitcoin and they told me they don't have KYC for bitcoin users
I have been using them for around 1 year now and still able to deposit and withdraw without KYC
so don't think that fiat always mean KYC applied
Brokers are different. Some do and some don't.
legendary
Activity: 2436
Merit: 1804
guess who's back
yes, can't believe a sportsbook offering fiat deposits without KYC would last very long....

hmm not sure about that to be honest , for example I use a fiat broker that accepts bitcoin and they told me they don't have KYC for bitcoin users
I have been using them for around 1 year now and still able to deposit and withdraw without KYC
so don't think that fiat always mean KYC applied
member
Activity: 196
Merit: 13
yes, can't believe a sportsbook offering fiat deposits without KYC would last very long....
legendary
Activity: 2772
Merit: 3284
and for smaller withdrawals they do not require kyc even if deposit were made in eur?
btw is there any good sportsbook without kyc for fiat deposits/withdrawals?
I think all fiat requires KYC. For bitcoin, Nitrogen, Betcoin and Bitcoinrush don't require KYC.

I believe Peeps' is correct for fiat. kuko7, try contacting Sportsbet (either through email or live chat) and see what they say.
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