the testnet.xbet.io is saying "undefined", when trying to compose a bet offer
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Topic: [PRE-ANN] CounterSports - The world's first distributed betting application (Read 7573 times)
June 02, 2014, 02:20:33 AM
Please send us a link to where you see the issue and we will take care of it immediately.
June 01, 2014, 09:45:34 PM
the testnet.xbet.io is saying "undefined", when trying to compose a bet offer
June 01, 2014, 08:52:37 AM
Looks pretty cool. I have a few questions.
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
1) Bets are settled on the blockchain using a broadcast we provide, choosing the correct result out of options we display on the CounterSports application. Winners are awarded with their earnings automatically using bitcoin 2.0 protocol.
Does that answer the question??I think he meant to ask how do you get the result from the real life event. How do we know you can't make a mistake, accidentaly or maliciously?
Is it just done manually?
Anyway, it looks good!
Your question is an important one.
Regarding malicious tampering with the feed for our gain, an answer was posted by a user from the community, which we feel is well put:
Wow ! Countersports is greaaaaat ! I was waiting that from a long time 
But who is behind ? Because we need to trust the feed issuer.
But who is behind ? Because we need to trust the feed issuer.
That looks like betfair without betfair, really good job
Who we need to trust? Yourself so you dont play or offer too small or big odds
If i have understand right how that working? You have to trust the feed issuer. But he has nothing to win by rigging an outcome (maybe just a one time gain on a strong bet), because that would basically be the end of his business.
So basically yes, this is a nice step forward !
Regarding the possibility of a mistake:
We upload the results automatically. So far we have ran tests and did not encounter any mistakes.
In addition, to further scrutinize our results, and to make sure they are reliable, we have set up an intervention mechanism:
The results for each event are published 5 hours prior to the actual broadcast settling the bet on the blockchain, alongside a "report address" for filing appeals. Anyone can send 0.1 BTC to the report address and the broadcast settling the bet will be postponed until an admin manually approves the result. If a result that we were going to broadcast turns out to be false, the user that has notified us of the mistake will get his BTC back and an additional XCP bounty.
Furthermore, We sign broadcasts when we first publish the events online (before the event starts) from our main address, so users could be safe in the knowledge that we stand behind our word.
The thing is, if this did move a lot of money, maybe betting on a big market and rigging the result so you win and run away could be an option. It needs to be more secure before it starts to have a high volume.
I didnt understand well your system. You publish the result, and stays there for 5 hours until users are paid?
Im not saying you would do anything wrong
,but i find it as a weak point in the decentralized system. June 01, 2014, 06:00:46 AM
Looks pretty cool. I have a few questions.
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
1) Bets are settled on the blockchain using a broadcast we provide, choosing the correct result out of options we display on the CounterSports application. Winners are awarded with their earnings automatically using bitcoin 2.0 protocol.
Does that answer the question??I think he meant to ask how do you get the result from the real life event. How do we know you can't make a mistake, accidentaly or maliciously?
Is it just done manually?
Anyway, it looks good!
Your question is an important one.
Regarding malicious tampering with the feed for our gain, an answer was posted by a user from the community, which we feel is well put:
Wow ! Countersports is greaaaaat ! I was waiting that from a long time
But who is behind ? Because we need to trust the feed issuer.
But who is behind ? Because we need to trust the feed issuer.
That looks like betfair without betfair, really good job
Who we need to trust? Yourself so you dont play or offer too small or big odds
If i have understand right how that working? You have to trust the feed issuer. But he has nothing to win by rigging an outcome (maybe just a one time gain on a strong bet), because that would basically be the end of his business.
So basically yes, this is a nice step forward !
Regarding the possibility of a mistake:
We upload the results automatically. So far we have ran tests and did not encounter any mistakes.
In addition, to further scrutinize our results, and to make sure they are reliable, we have set up an intervention mechanism:
The results for each event are published 5 hours prior to the actual broadcast settling the bet on the blockchain, alongside a "report address" for filing appeals. Anyone can send 0.1 BTC to the report address and the broadcast settling the bet will be postponed until an admin manually approves the result. If a result that we were going to broadcast turns out to be false, the user that has notified us of the mistake will get his BTC back and an additional XCP bounty.
Furthermore, We sign broadcasts when we first publish the events online (before the event starts) from our main address, so users could be safe in the knowledge that we stand behind our word.
June 01, 2014, 04:56:15 AM
Looks pretty cool. I have a few questions.
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
1) Bets are settled on the blockchain using a broadcast we provide, choosing the correct result out of options we display on the CounterSports application. Winners are awarded with their earnings automatically using bitcoin 2.0 protocol.
Does that answer the question??I think he meant to ask how do you get the result from the real life event. How do we know you can't make a mistake, accidentaly or maliciously?
Is it just done manually?
Anyway, it looks good!
Your question is an important one.
Regarding malicious tampering with the feed for our gain, an answer was posted by a user from the community, which we feel is well put:
Wow ! Countersports is greaaaaat ! I was waiting that from a long time
But who is behind ? Because we need to trust the feed issuer.
But who is behind ? Because we need to trust the feed issuer.
That looks like betfair without betfair, really good job
Who we need to trust? Yourself so you dont play or offer too small or big odds
If i have understand right how that working? You have to trust the feed issuer. But he has nothing to win by rigging an outcome (maybe just a one time gain on a strong bet), because that would basically be the end of his business.
So basically yes, this is a nice step forward !
Regarding the possibility of a mistake:
We upload the results automatically. So far we have ran tests and did not encounter any mistakes.
In addition, to further scrutinize our results, and to make sure they are reliable, we have set up an intervention mechanism:
The results for each event are published 5 hours prior to the actual broadcast settling the bet on the blockchain, alongside a "report address" for filing appeals. Anyone can send 0.1 BTC to the report address and the broadcast settling the bet will be postponed until an admin manually approves the result. If a result that we were going to broadcast turns out to be false, the user that has notified us of the mistake will get his BTC back and an additional XCP bounty.
Furthermore, We sign broadcasts when we first publish the events online (before the event starts) from our main address, so users could be safe in the knowledge that we stand behind our word.
May 31, 2014, 11:30:29 AM
Looks pretty cool. I have a few questions.
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
1) Bets are settled on the blockchain using a broadcast we provide, choosing the correct result out of options we display on the CounterSports application. Winners are awarded with their earnings automatically using bitcoin 2.0 protocol.
Does that answer the question??I think he meant to ask how do you get the result from the real life event. How do we know you can't make a mistake, accidentaly or maliciously?
Is it just done manually?
Anyway, it looks good!
May 31, 2014, 06:07:52 AM
why the test website is invalid now？
Hi guys,
We are moving to a new domain and setting everything up http://testnet.xbet.io
More surprises are coming.
Looks nice
You have to start promoting it aggressively.
May 30, 2014, 03:01:54 AM
why the test website is invalid now？
Hi guys,
We are moving to a new domain and setting everything up http://testnet.xbet.io
More surprises are coming.
May 29, 2014, 08:59:30 PM
why the test website is invalid now？
May 27, 2014, 07:09:28 AM
Looks pretty cool. I have a few questions.
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
2) Could this be forked to work with bitcoins instead of XCP?
3) Are there any fees involved with using the distributed betting exchange?
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
2) Could this be forked to work with bitcoins instead of XCP?
3) Are there any fees involved with using the distributed betting exchange?
Thank you for your feedback and interest.
1) Bets are settled on the blockchain using a broadcast we provide, choosing the correct result out of options we display on the CounterSports application. Winners are awarded with their earnings automatically using bitcoin 2.0 protocol.
2) Counterparty is the first platform to enable this sort of bets and broadcasts on real world events. At this time, there is no "fork" that allows this functionality that uses BTC alone. However, XCP can be directly purchased with bitcoins, on Counterparty's built in decentralized exchange, or through centralized exchanges, to a standard bitcoin address.
3) Feed addresses collect a predeclared portion of the pot for the service. Like any other action made on the blockchain, bitcoin transaction fees are necessary in order for the transaction to go through.
We offer the opportunity to find out more for yourself, using testnet bitcoins on the CounterSports application.
If you need some test BTC or test XCP coins for getting to know the CounterSports application pm us your address and we will send you some.
May 25, 2014, 06:36:04 PM
Looks pretty cool. I have a few questions.
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
2) Could this be forked to work with bitcoins instead of XCP?
3) Are there any fees involved with using the distributed betting exchange?
1) How are the winners/losers established? Is there a data feed hosted on a centralized server that relays the results of matches?
2) Could this be forked to work with bitcoins instead of XCP?
3) Are there any fees involved with using the distributed betting exchange?
May 25, 2014, 04:32:20 AM
Finally someone is making this! Thank you! But please make the logo lighter and larger, as well as the title text. It's too important for it to be so tiny.
I am a professional writer and I would be greatly interested in cooperating with you on your project. Please contact me on skype: cerem_uguz
I am a professional writer and I would be greatly interested in cooperating with you on your project. Please contact me on skype: cerem_uguz
May 24, 2014, 04:51:17 AM
is it a coin?or just a application?
Countersports is an application built on top of CounterParty protocol. not a coin. (countersports is like a facebook to counterparty's http:// - it's built on top)
but actually it's more than a simple website.
you use XCP to bet. XCP is the 'coin' which is used by CounterParty protocol, much like BTC is the 'coin' used by Bitcoin protocol.
May 24, 2014, 04:07:36 AM
is it a coin?or just a application?
May 24, 2014, 03:57:22 AM
The best way for us to improve would be through your feedback. tell us if anything is confusing, hard to use, or if you have an offer for an improvement.
A great place to start would be wagering on the Champions league final here http://test.countersports.com/categories/main_page/Soccer/europe/Europe:%20Champions%20League%20-%20Play%20Offs.
I will too.
Isn't there a mistake though? You can't choose a draw as a result for the final...
Thank you for your feedback.
In every match where extra time is possible, (that is, when the match is a part of a cup) there are seperate lines for "who will qualify" and "outcome after 90 minutes", in which a draw is an option. In this case, the line is for the "outcome after 90 minutes".
We will be including additional lines, including "Who Will Qualify" real soon.
We realize it is not clear for users and are at work to rectify the situation.
May 23, 2014, 09:35:03 AM
The best way for us to improve would be through your feedback. tell us if anything is confusing, hard to use, or if you have an offer for an improvement.
A great place to start would be wagering on the Champions league final here http://test.countersports.com/categories/main_page/Soccer/europe/Europe:%20Champions%20League%20-%20Play%20Offs.
I will too.
Isn't there a mistake though? You can't choose a draw as a result for the final...
May 23, 2014, 09:07:27 AM
Wow ! Looking real good
Nice.
wow~~~ BIG NICE
Fantastic work. Provably fair, distributed gambling. we are slowly coming to the future !
Definitely keeping an eye out on this.
Although this is fairly technical, and on testnet at this stage, a post in the Gambling section would be appropriate. After all, it is the primary target audience.
Definitely keeping an eye out on this.
Although this is fairly technical, and on testnet at this stage, a post in the Gambling section would be appropriate. After all, it is the primary target audience.
I'm here!
a bet?good,i like this
Well, I can see that you have done a real website.
So I will join this project.
Good luck!
So I will join this project.
Good luck!
Great to see this application, you have done a great work.
Thank you all for your kind words.
It would be greatly appreciated if you would try the application out for yourself, match each others bets and push the system to its limits.
The best way for us to improve would be through your feedback. tell us if anything is confusing, hard to use, or if you have an offer for an improvement.
A great place to start would be wagering on the Champions league final here http://test.countersports.com/categories/main_page/Soccer/europe/Europe:%20Champions%20League%20-%20Play%20Offs.
OK, I will
May 23, 2014, 08:21:59 AM
Fantastic ! I'l certainly lose some of my XCP there during the world cup
I will be losing with you
May 23, 2014, 08:07:16 AM
Countersports - you should use the new XCP logo and not the old one, maybe you can contact XCP team for this.
Thank you for your feedback IamNotSure,
we will create our own logo soon enough.
May 23, 2014, 07:54:15 AM
Looks decent. Good luck!
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