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Topic: ⚽️ SportBet.one - decentralized sports-betting platform ⚽️ - page 22. (Read 8213 times)

member
Activity: 77
Merit: 18

3% from every settled bet (no matter win or lose) goes to the dividend pool. That's why we can't afford too low vig.

To get dividends you need to buy and stake SBET token. No need to play. Dividends are distributed every Monday.

Then make it 3% why it's almost 8% ?
Hold your SBET token and make profit.
But I would reduce dividends to 1%  and try to offer competitive odds. You can't attract new customers with such high margin.

Also I can't find any info about SBET token. How it was issued, how it was distributed, how many in circulation, what is current inflation rate, what it's max supply? Where I can find this information ? 

member
Activity: 77
Merit: 18

This is not good. 5% average is decent, but close to 8% is pretty bad. Looks like the odds are close to Pinnacle odds in certain matches only. They need to reduce the margin if they wish to attract more punters to their site.


5% is ok for esports and some low liquid markets. But for top soccer leagues we can get nearly zero margin using any of the most popular sports-brokers or fairlay.
copper member
Activity: 186
Merit: 12
I have a question relating to dividends if a user buys and holds your coin will he get dividends for it, or he needs to play on bets and then only he’ll get dividends if you could clarify.

3% from every settled bet (no matter win or lose) goes to the dividend pool. That's why we can't afford too low vig.

To get dividends you need to buy and stake SBET token. No need to play. Dividends are distributed every Monday.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
Bournemouth - Manchester City
then look at most liquid market of this match:
asian handicap HOME TEAM +2 -- AWAY TEAM -2
then look at odds:
Odds outcome 1:  2.05
Odds outcome 2:  1.69
The bookmaker takes a margin of 7.95% (payout is: 92.05%).
This is not good. 5% average is decent, but close to 8% is pretty bad. Looks like the odds are close to Pinnacle odds in certain matches only. They need to reduce the margin if they wish to attract more punters to their site.

But I am curious if this sportsbetting site is registered somewhere? Since they listed their partners, do they have certain type of license to be acquired to get their business legal?
I have no idea about this. You could probably find more information about it in their FAQ section. Also, it doesn't really matter where they are registered since other factors matter more in comparison (Juice etc).
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Before commenting on this thread I already visited the site you have a good platform design for decentralized sports betting site but I have a  question since their a lot of sport betting site in the market how can you bring more player to bet in your site? How about marketing strategy do you plan to make a small promotion on this site?
As new sportbook site indeed marketing strategy is required to get new players and regarding the promotion it was available on the site that they have two promotions for their players that 3% cashback for every lost bets and affiliate program with 200 EOS prize pool but i think besides all of it added new coins such as bitcoin would be good because some of sportbook bettors have habits always betting use bitcoin instead of altcoins
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Just checked out your site and I like the dark look overall. The UI itself looks sleek and I had no trouble registering and logging in. I don't have any EOS currently though and I might buy some later, but the addition of BTC soon is a good move.

What is the juice(%) in this site? Observed that the lines are pretty close to Pinnacle lines which is a good thing. Overall, I am interested in this decentralized sportsbook.

BTC would be nice addition and if they can add doge as well. But I am curious if this sportsbetting site is registered somewhere? Since they listed their partners, do they have certain type of license to be acquired to get their business legal?
legendary
Activity: 2436
Merit: 1804
guess who's back
Are you kidding me guys.
Take a look at one of the most popular todays matches:
Bournemouth - Manchester City
then look at most liquid market of this match:
asian handicap HOME TEAM +2 -- AWAY TEAM -2
then look at odds:
Odds outcome 1:  2.05
Odds outcome 2:  1.69
The bookmaker takes a margin of 7.95% (payout is: 92.05%).

You guys have a good idea but with such low payout your sportsbook will be one of the worst on the market. Hope you change this attitude in the future.

that's true margin is really high , but to be fair as well I have found a couple of games where the prices for certain teams were higher than pinnacle
so in general if you keep using the site instead of pinnacle you will lose a lot of  value , but occasionally you may be able to find a good line for a certain selection
also the site seems to have a lot of betting options which is really nice , but of course lower margin would be much better

I guess this high margin is mainly due to their 3% lossback with SBET bets , but I guess the majority of bettors just want to use EOS or BTC
member
Activity: 77
Merit: 18
Are you kidding me guys.
Take a look at one of the most popular todays matches:
Bournemouth - Manchester City
then look at most liquid market of this match:
asian handicap HOME TEAM +2 -- AWAY TEAM -2
then look at odds:
Odds outcome 1:  2.05
Odds outcome 2:  1.69
The bookmaker takes a margin of 7.95% (payout is: 92.05%).

You guys have a good idea but with such low payout your sportsbook will be one of the worst on the market. Hope you change this attitude in the future.
hero member
Activity: 2646
Merit: 686
BTC betting will be offered soon.


interesting , that would be great actually
any idea how long it can possibly take to add it ? honestly I'm not into EOS at all and I don't feel safe holding anything that's not BTC

will give EOS a shot but there is noway that I will wager close amounts to what I usually wager with BTC

any idea how long it can possibly take to add it ?

We expect it in 2-4 weeks

EOS is getting quiet popular in the gambling industry but majority of the players yet prefer to play with bitcoins only, and if you take up to 4 weeks to get it then you’ll loose out on lots of revenue.

Just checked out your site and I like the dark look overall. The UI itself looks sleek and I had no trouble registering and logging in. I don't have any EOS currently though and I might buy some later, but the addition of BTC soon is a good move.

What is the juice(%) in this site? Observed that the lines are pretty close to Pinnacle lines which is a good thing. Overall, I am interested in this decentralized sportsbook.

@Haunebu I’ll second that thier UI is very good, and I liked the fact they have chosen dark mode as it’s the latest trend in designing websites. I have a question relating to dividends if a user buys and holds your coin will he get dividends for it, or he needs to play on bets and then only he’ll get dividends if you could clarify.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
Just checked out your site and I like the dark look overall. The UI itself looks sleek and I had no trouble registering and logging in. I don't have any EOS currently though and I might buy some later, but the addition of BTC soon is a good move.

What is the juice(%) in this site? Observed that the lines are pretty close to Pinnacle lines which is a good thing. Overall, I am interested in this decentralized sportsbook.
copper member
Activity: 186
Merit: 12
any idea how long it can possibly take to add it ?

We expect it in 2-4 weeks
legendary
Activity: 2436
Merit: 1804
guess who's back
BTC betting will be offered soon.


interesting , that would be great actually
any idea how long it can possibly take to add it ? honestly I'm not into EOS at all and I don't feel safe holding anything that's not BTC

will give EOS a shot but there is noway that I will wager close amounts to what I usually wager with BTC
hero member
Activity: 1204
Merit: 630
BTW, have you any promotions or reward program for users?

Yes, one of our promos will end in 2 days.

Kindly check this link: https://medium.com/@SportBet/sportbet-promotion-e946b218754e

More promos coming soon

Good to hear. I will play with your platform definitely ASAP.

I looked at the platform and liked it. But I have to examine the platform for a while.
copper member
Activity: 186
Merit: 12

As I can see you are trying to log in from the desktop browser. You need to run Scatter EOS wallet to do that. If it isn't running, our system is trying to detect it for around 15 seconds and shows a pop-up after.
Yeah i did try to logged in and it should show up that you would need some EOS wallet to go in but thats not the case here because even i already add up
scatter- I do still have the same problem.Why?

It's really strange. Please, check if there is any scatter update available. If no, please try to use any other dapp and report the result to Karin Russel in our Telegram group https://t.me/SportBetOfficial
hero member
Activity: 2730
Merit: 632

As I can see you are trying to log in from the desktop browser. You need to run Scatter EOS wallet to do that. If it isn't running, our system is trying to detect it for around 15 seconds and shows a pop-up after.
Yeah i did try to logged in and it should show up that you would need some EOS wallet to go in but thats not the case here because even i already add up
scatter- I do still have the same problem.Why?
copper member
Activity: 186
Merit: 12
BTW, have you any promotions or reward program for users?

Yes, one of our promos will end in 2 days.

Kindly check this link: https://medium.com/@SportBet/sportbet-promotion-e946b218754e

More promos coming soon
hero member
Activity: 1204
Merit: 630
I understand now. Well, how can we know that you can pay us back in every bet results? For example, what happens if any errors occur? I bet and I won. But my prize did not come to my wallet? This is a problem on ordinary betting sites. As a decentralized project, can there be such situations?

A chance of error always exists. You can track all your bets not only on the UI under My Bets tab but also in the blockchain explorer. If something wasn't paid - just contact us via telegram https://t.me/SportBetOfficial and we will look into it.



Thank you for your good answer. I'll think about betting and will look at how it works completely.

BTW, have you any promotions or reward program for users?
copper member
Activity: 186
Merit: 12
A decentralized e-sport betting is a good one and I don't know how it will work as it seems from the site that you are still in control. I will like to ask the plan you have concerning marketing because it is new ideas and many people did not know about your decentralized betting platform!

There are not many decentralized betting platforms but this one can create a lot of attractions because of it decentralized nature.
Also I would like to know that we can only bet with EOS on this site and not the bitcoins ?



So far you can bet only with EOS and our native token - SBET. We are going to offer bitcoin betting soon, but it will require deposits (however we will record all the bets in the EOS blockchain).
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
A decentralized e-sport betting is a good one and I don't know how it will work as it seems from the site that you are still in control. I will like to ask the plan you have concerning marketing because it is new ideas and many people did not know about your decentralized betting platform!

There are not many decentralized betting platforms but this one can create a lot of attractions because of it decentralized nature.
Also I would like to know that we can only bet with EOS on this site and not the bitcoins ?

copper member
Activity: 186
Merit: 12
I understand now. Well, how can we know that you can pay us back in every bet results? For example, what happens if any errors occur? I bet and I won. But my prize did not come to my wallet? This is a problem on ordinary betting sites. As a decentralized project, can there be such situations?

A chance of error always exists. You can track all your bets not only on the UI under My Bets tab but also in the blockchain explorer. If something wasn't paid - just contact us via telegram https://t.me/SportBetOfficial and we will look into it.

Before commenting on this thread I already visited the site you have a good platform design for decentralized sports betting site but I have a  question since their a lot of sport betting site in the market how can you bring more player to bet in your site? How about marketing strategy do you plan to make a small promotion on this site?

You are the 2nd one to ask about promo on this site. We will definitely think about it.

Using up chrome and had decent internet speed but this loading took forever.


Any ideas?

As I can see you are trying to log in from the desktop browser. You need to run Scatter EOS wallet to do that. If it isn't running, our system is trying to detect it for around 15 seconds and shows a pop-up after.
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