Topic: XBet.IO– the world's first distributed betting application (Read 8758 times)

I think it's down and no similar sites are available at this time. I'd wait for smart contracts to come online and then allow some time for people to create solutions.

I can' t access xbet.io, is the site out of business? Are there similar sites?

Oracle bets are generated by the community.
This is where all oracle bets can be found: http://xbet.io/categories/oracles. You can also get here on XBet.IO from the "User Bets" tab on the top menu.

You can create one on your own and earn for every bet made on your line!
Becoming an oracle is free, easy and fun. All you need to become an oracle is a BTC address you control.
Becoming and oracle is made through this link http://xbet.io/oracles/join.

Hi All

Do u got link where i can find other oracle post of bet?
i have search xbet site but cannot found
Thanks

Come bet on today's Champions League matches, Group stage.

Main event for today, between the two giants-


Current odds: Home (4.17 - 4.25) Draw (3.72 - 3.79) Away (2.02 - 2.06)
American and fractional odds are also available for your convenience on XBet.IO.

This match promises to be an eventful one.

Other Champions League matches taking place today:

Atl. Madrid vs. Juventus
Manchester City vs. AS Roma
Sporting vs. Chelsea
Arsenal vs. Galatasaray
BATE vs. Ath Bilbao
APOEL vs. Ajax
Schalke vs. Maribor
Shakhtar vs. FC Porto
Zenit Petersburg vs. Monaco
Anderlecht vs. Dortmund
Basel vs. Liverpool
Bayer Leverkusen vs. Benfica
Ludogorets vs. Real Madrid
Malmo FF vs. Olympiakos Piraeus

All matches start at 2014-09-30 18:40:00 (UTC)

Place your bet through the following link:

http://xbet.io/categories/main_page/Soccer/europe/Europe:%20Champions%20League%20-%20Group%20Stage

Secondly, we would like to make a small feature announcement: we have added a new "Settings" section where you can save your preferences (including the type of display you wish to view your odds in) on your local machine. Do tell us what you think.

As always, no accounts, registration or login is required. Simply make a bet from your wallet at Counterwallet.co directly to the Bitcoin network or, if you do not have XCP yet, send some BTC to XBet.IO and we will place the bet for you.


Happy betting

Thank you for taking the time to help imrove XBet.IO.

As you can see, we are constantly improving and adding new features to enhance the user experience.

Your comments are to the point and well thought out and will be addressed in the upcoming enhancements we will be making.

I thnk xBet is fantastic, especially with the oracle feature, but I have some ideas for improvements of your UX. See here: http://imgur.com/4ZYicms

For your text I can recommend:
http://bootswatch.com/paper/ or http://bootswatch.com/flatly/

Please let me know what you think.

Firstly, we would like to apologize if you feel something did not work as you would have expected it too.

When you make a bet that is not identified as a bet that meets the odds posted on XBet.IO, your bet is displayed for other users to match. This is why your bet now appears on the other side - for users that wish to counter your bet.

After a first look at the system (we will of course look further, as this is just a quick response to let you know we are looking into it), it seems that no error has occurred so perhaps you have changed the default odds before making the bet? If not, and even if you did, please tell us, so we could look into this in depth. If you can provide some information on the specific bet you are referring to, we could better understand what has happened.

I have tried a few bets but unfortunately the amount of money available to bet is the fake available amount.When I put a bet, the bet is not accepted even though it said it has money available for my amount bet.Simply my bet is switched to the other side.!?

Come bet on today's Champions League matches, Group stage.

Main event for today, between the two giants-


Current odds: Home (1.75 - 1.79) Draw (4.25 - 4.33) Away (5.28 - 5.38)

This match may very well be replayed as the final of this year's Champions League.

Other Champions League matches taking place today:

Chelsea vs. Schalke
Barcelona vs. APOEL
Ajax vs. Paris SG
AS Roma vs. CSKA Moscow
Ath Bilbao vs. Shakhtar
FC Porto vs. BATE
Maribor vs. Sporting

All matches start at 2014-09-17 18:40:00 (UTC)

Place your bet through the following link:

http://xbet.io/categories/main_page/Soccer/europe/Europe:%20Champions%20League%20-%20Group%20Stage

As always, no accounts, registration or login is required. Simply make a bet from your wallet at Counterwallet.co directly to the Bitcoin network or, if you do not have XCP yet send some BTC to XBet.IO and we will make the bet for you.


P.S.

We wanted to let you know that we are under a DDOS attack (again).

Fortunately, the protective measures we have put in place are working well and you should not be affected by the attack.

However, if anything works in a different way than you would expect, please let us know here or on our chat.


Happy betting

The amounts represent how high of a bet a user can make and still get matched, with certainty, by a counter offer.

For example, if you see the number 10, that means that if you make that bet, you can place a wager as high as 10 and still get matched. If you place a wager of 12, 10 will be matched immediately and 2 will still be available for other users to match.

The bets are instant in many ways, no login is required, no registration and no need to wait for balances to confirm like in an exchange.
Bets on the Counterparty network take a mandatory 1 block to register and that is the timeframe we are working in. What is also special about XBet.IO is that if you use BTC to bet on XBet.IO, your bet is usually placed in a single block! This is the fastest way possible and nearly eliminates the gap between betting with XCP and betting with BTC. From the user's perspective it is all done behind the scenes- Simply place your bet with a push of a button and let the magic happen

Oracles are given an opportunity to present bets they are interested in, and have users bet on them while earning 50% of the fees collected. This is all done in a distributed way so they do not need to be entrusted with the funds of all participants. Making a decentralized pot has never so easy. All you need is a Bitcoin address you control and an interesting bet.

XCP, and the entire Counterparty network operate on top of the Bitcoin blockchain and thus are as secured as Bitcoin transactions. XCP and BTC can be stored and controlled from the same address. You can use BTC XCP and Counterparty assets by running a local Bitcoin-qt and counterpartyd on your machine or simply by using the official web wallet at Counterwallet.co. All of these are open source and free to use.

1. Fair enough, that appears to be how counterparty works. Note that there are betting exchanges, such as matchbook.com, that offer 1% fee on net profit. Even exchanges that offer 2% fee on net profit, such as smarkets.com, are better for the bettor for odds less than a certain threshold.
2. I see you've added it, thanks, as that's crucial when the site doesn't have that much liquidity and you are just the ones creating most of the odds. But I would just like to confirm: the amounts below the odds for LAYING are supposed to represent the BACKER's stake, not the layer's risk. Is that the way it is?
4. I'm not sure how that addresses what I wrote. I realize you automatically convert BTC to XCP, but betting, as far as the user is concerned, are in no way instant and in fact take whole minutes to register.

A new question regarding the new feature you introduced: what is the benefit to being an "oracle"?

Lastly, when attempting to bet using BTC I see this: "Your winnings and any unmatched part of your bet, will be sent as is, in XCP, to your bitcoin payout address. Next time you place a bet, you will be able to use them to bet safe without depositing". I don't understand how this works. How do you send XCP to my BTC address?

Hello Bettors,

Starting today, it is now possible to post bets on any subject that interests you in an easy and secure manner through a decentralized pot.

We are pleased to announce that we have integrated into our website the option of becoming an oracle – Posting and settling bets on top of the BTC network. Through this option you can offer users to make bets on anything that interests you.

The main categories featured are: "Sports", "Currencies", "Culture", "Politics" and "Global Events". anything else that comes to mind may be posted in the "Others" category.
            
You can access the users' panel through the following link:
http://xbet.io/categories/oracles

You can become an oracle and start posting your own lines through the following link:
http://xbet.io/oracles/join
            
The System is compatible with Blockchain.info and Bitcoin-qt. It is recommended to use any of these wallets to hold your oracle address.

We would also like to inform you that we are in the process of integrating a reputation system that would help users decide which oracle they trust most. Now is an excellent time for community members to post their bets, acquire reputation and gather followers.

In addition to integrating oracle bets on XBet.IO, we have also made it simpler for new and experienced users to get to know XBet.IO and the new features that are constantly being added to it. Simply click on "How to Bet?" on the main menu.



Tell us, what kinds of bets would you like to make on XBet.IO?

You have asked valid questions and we will address them in order:

1. The fee structure is embedded inside the counterparty technology we are using to keep users' funds safe in the protocol's escrow. The 1% fee is considerably lower than standard betting sites.

2. We are working on improving that display, We will update shortly.

3. We have received another report on this issue from another user but none of our tests has shown any problem with BTC addresses. Please PM the address you were using and we will take care of it.

4. In XBet.IO, bets are settled publicly on the blockchain. For that reason, only after one confirmation bets are considered valid by the Counterparty network. Normally, if a user has XCP, it can place a bet immediately from its own wallet. On XBet.IO, we have developed a system that allows users to make a bet just as fast using BTC. We have been able to cut down the delay and make it as fast as one block from the moment the BTC deposit is made, until the moment the bet is placed on the blockchain. From the user's perspective, a bet takes only seconds to make, and all the heavy lifting is made "backstage" by XBet.IO.

Thank you for your interest in XBet.IO.

As you can see, we are now quite busy but we will gladly answer any questions you may have after we are finished integrating the new feature.

We are integrating a new feature into XBet.IO.

To avoid disscomfort for users we have taken the website down until we can safely bring it back.

Will update here once we are back.

1. Why is the fee taken from the matched amount and not from the net profit like other exchanges?
2. Why am I unable to see the amounts in the "view market"?
3. It claims that some BTC addresses are invalid even though they clearly are not.
4. Your signature claims "instant bets" even though as far as I understand bets have to enter the blockchain (a matter of minutes) first.

Hi donesek,

XBet.IO is a social betting application in which users are encouraged to make all bets amongst themselves and counter each other's bets.

Users have always been able to make their own bets and allow others to counter their bets since XBet.IO went live.

In the past few days we have made improvements to the horse racing section and now we have restored XBet.IO's bets in that section as you can see.

Unfortunately there is no Liquidity on Horse Racing ?!

Hi
Thank you for support.
I have received my coins complete.
Once again,thank you for great support
Regards