Bitcoin Forum

Hello,

Since this forum is littered with newcomers in the sportsbetting arena, we thought we'd clarify a few things about our site as it has been mentioned before:

1) We are affiliated with BTCSportsBet - the oldest and most trusted Bitcoin Sportsbook. No concern about backing or financial stability of one of these newcomer sites.

2) We're a hybrid exchange; that is, like an exchange you match other users. Unlike a traditional exchange, the odds are constantly updated so all bets take place at the current, vig-free odds at the time of the match. This means that users don't have to watch the odds and adjust their orders all the time if the market moves.

3) What does vig free mean? We use the true vig-free calculation (overround correction) so that both sides receives the same, accurate odds at the time. Nearly all spread wagers are at EVEN (or +100, or 2.0, whichever you prefer). It means that a moneyline favorite of -247 means the person with the underdog gets +247

4) What's the catch? The winner of each bet pays a flat 1% fee on won amount only. That's it. That is cheaper than BetFair or Matchbook, and quite simply the best odds on the planet. It is like paying -100.5 or 1.99 on each bet instead of the normal -110 or 1.91

We've had some positive reviews on SBR (that have unfortunately been deleted with the other bitcoin threads) and 2+2. So if you are really concerned about getting the best odds for your sportsbets, check us out. If you don't get matched, then go ahead and bet at a traditional sportsbook like btcsportsbet.

We will also be seeding NCAA Tournament games so users can get action on either side at vig-free,

Let us know of any questions!
http://BTCSportsMatch.com (http://BTCSportsMatch.com)

I believe the BTC community owes thanks to early adopters like yourself for helping build the credibility of the currency. However, as we continue to grow bitcoin it is destructive to peddle fear to your advantage, like a cable news station looking to boost short term ratings.

Yes, the bitcoin community attracts scammers. Yes, some new sites will turn out to be fraudulent.

However, there are also many honest, trustworthy bitcoin sites being created that we should celebrate, not scorn. I say this as one of the newcomers that you say has “littered” this forum. My site, BitBook.biz (http://BitBook.biz), works very hard to build trust for bitcoin by processing deposits and withdrawals within minutes of blockchain confirmation (something notably absent from your service). We encourage new users to deposit and withdraw as frequently as they would like, so they can personally build trust for our service and bitcoin in general.

As a member of the BTC community I am grateful for your contribution, but competition from innovative newcomers is good for everyone.

this outfit   is absolutely my first out and will cont  to be, i always stop by here to see if i can get anything, cant pass up the 1 % juice, i  rather have the people profitin  rather than the corrupt sportsbooks . i guess their is some Symbiosis (i learn that word from spider man and venom) relationship goin on , sportsmatch profits and the people profits,  vice versa, and the people playin here are cool as well  u can chat with other members ,its  like a   btc  sports betting community up in there. cheers my btc  brethrens.  

Trust is built over time - I didn't mean to point the finger at anyone in particular, but the list of failed/scam ventures from 2011 and 2012 is unfortunately long. Good luck with your site!

The only bad thing is that the lines may change on you. There's no way that I could place a wager without knowing the line.  Other than that I really like it with the 1% fee on wins. No one beats that.

Yes, if you are concerned about lines moves, you should stick to matching other users existing open orders (so a bet is created right away, at the listed odds) rather than leave open orders yourself.

The lines moving is to protect users who don't want to stare at the screen all day and adjust their orders or get scalped by a pro like at a traditional exchange.

Thanks for the feedback!

    the line changing  did take  time for me to  adjust to when leaving my order up ,  but the  1 % fee ends  up giving  me more money  to work with  it makes a big diff.  if ur not comfortable leaving ur  wager up , just see if anyone one left there wager up,  stop by before making ur bets anywhere  else , if the line is to ur flavor grab it.  u will use  the line u just grabed.  were just helping each other save money and putting food on the table for cusipz (ahhah,im kidding).  later guys gals

Thanks very much. I appreciate it. Hopefully bitcoin continues to gain legitimacy and there will be room for many of us to do very well! The best thing we can do in the meantime is operate in a fashion worthy of such widespread adoption. There will always be scammers, but I'm confident that trustworthy sites (that, as you say, have earned their trust) will be the big winners.

it wont let me make an account

Hello, please contact email supoort for any issues - but on the Signup page, make sure the asterisks next to the fields are removed prior to hitting Submit. They enforce field length minimums, etc.

Thanks!

All games for Thursday's NCAA Tournament have now been 'seeded' with orders for 5BTC on each side. That means you can get up to 5BTC matched instantly vig-free on either side! A few have been taken but a lot are still available - check it out!

Will you be doing any "seeding" of the friday NCAA games? Liking a couple games on friday ATS wise and was hoping you'd be doing Friday as well.

Yes we will. check back later tonight!

All games have been graded - apologies it has been slower than usual today...best of luck to everyone!

Seeding is great. That's what I needed to play. Thanks!

MLB Baseball is back - look no further than the best odds around.

Opening game Texas vs Houston:

Sun 3/31 20:05    997    Texas Rangers
M. Harrison -1.5   +115            -145    OVER 8.5   +109
   
Sun 3/31 20:05    998    Houston Astros
B. Norris    +1.5   -115            +145  UNDER 8.5   -109    

True no-vig 1% fee on won amount only. Better than any book out there, and we will be seeding some MLB games!!

The Texas/Houston game has been seeded!

Currently -149/+149 on the moneyline. Ridiculously better than 'dimeline' or whatever the others are claiming to be the best odds of a bitcoin book :)

good luck everuone!

This site deserves a bump...great odds for high rollers wagering 1+ BTC on games. Join now! (I am a not an affiliate, just a player myself, promoting this site so more traffic = more of our wagers being matched).

My deposit had a problem with being credited. Sent 4.10 BTC even to my acccount and was credited 4.09 only. Can you please credit my account the .01 owed?

EDIT: .01 BTC added to correct the issue. Thanks!

Will try out the MMA sportsbook this weekend. Cheers!

If this is a betting exchange where are the ask/bid pairs?

It's a hybrid-exchange. An exchange meaning you wager against other players, not the site. You do not post bids and offers based on odds, the site calculates all odds at true vig-free (overround correction) and keeps them updated. That is why you see NY Knicks +187/Indiana Pacers -187, for example. True-vig free, good luck finding better on either site!

You can think of it as a vig-free bet matching service rather than an exchange. Someone can post for the Knicks, someone else comes along and wants the Pacers, then they are matched and a bet is created. You can see the open orders (people listed directly under the side they want, with amount) - but you cannot see what has already been matched. So the liquidity is greater than what is visible.

Feel free to pm or email with any other questions!

No Fees til Football promo! July 4 - August 4.

The usual 1% fee on won amounts is waived during this time. This means you can wager at true vig free odds, try it out!

You guys need to implement instant deposits. It's hard for you to compete against the likes of NitrogenSports when it can take 45 minutes or longer for a deposit to show up. I know you have better odds, but many people do not like the idea of having the lines move while they are waiting for their deposit to show up.

Sometimes I wonder if any professional athletes bet on/against themselves using (potentially) anonymous Bitcoin Betting sites? Nah. Wouldn’t be ethical. Heh.

Thanks everyone for making the No Fee promo a huge success.

But now that Football is back, we are seeding many of the NFL Preseason games with 5 BTC on each side - so pick your side and get instantly matched action!

Compare the odds with anyone, they are simply the best!!

I have an 8 BTC deposit with over 20 confirmations that has not showed up. Can you please fix this? Thanks.

Edit: Issues solved quickly through email support. Thanks.

The site's owner(s) generally are not on the forums too much. Email their support or contact user "Cusipz" in the chat. He is a worker or is the owner of the site, still cannot tell which. He'll help you with your problem.

Yeah I usually just talk to Cusipz if I have a problem, but I have not seen him online today. Guess I'll try the email support. Thanks for the suggestion.

Apologies for the processing issue - it has been resolved and all deposits credited. Email support is usually the fastest way - thanks!

First weekend of NCAA Football is up for wagering, and we already have over 100 BTC in open orders that can be matched immediately.

We have the biggest players in the Bitcoin world, with no max wager amount - true viig-free lines, and only 1% fee on won amounts The best odds by a mile of any bitcoin shop! Serious NCAAF bettors check us out!

GL to everyone, football season is back!

nice site! we are self running a page with livebetting. We are specialized on soccer.

Sucess with your page!

Thanks! But we're not new, this is our 3rd NFL/NCAAF season, the longest of any bitcoin sportsbook :) - we have earned the trust of our players over a very long time.

Good luck with your site as well.

site down? will it be back today.

back up that was fast nevermind ,n  thanks  for a great site

this thread is quite dead.
how about the liquidity in certain markets (NFL, NBA...) ?

And what is with the problem the user bitcoinrocks pointed
out regarding line changes?

Is there still this 1 BTC min. bet?
1 BTC is currently rougly 900 $, which is quite a high min bet.

You can now bet in increments of 0.1 btc.

Liquidity is pretty good for NFL playoff games.  Sometimes everyone wants one side though.  You might see 15 btc in unmatched offers on one side and then you know you have little to no chance of getting matched if you want that same side.

It's a great site to have an account at because you can occasionally get the best line there.  More often than not you won't be able to get down, but it's still worth it to have an account.  Especially if you are betting major events like NFL playoffs...

To give an idea of the liquidity for NFL playoffs, here's the reqests I see now (you can take other side):

Game 1

Saints +10 -109 2.5 btc

Seahwaks ML -372 3.0 btc

Under 43.5 +100 0.8 btc


Game 2

Colts +7.5 -110 7.3 btc
Patriots Ml -265 25.0 btc

Tomorrow's games:

Game 3

Panthers ML -105 45.0 btc


Game 4

Broncos ML -345 34.7 btc

Site is down. Is the show over?

Did the players get paid? Some people had large amounts of BTC on there.

Looks like it:

"Due to a legal issue, we are suspending operations. Please cancel any orders and withdraw your balance or email support from your authorized email address for a manual withdrawal. Matches for March 27 and beyond have been voided. We appreciate your support over the last 3 years"

http://forum.sbrforum.com/sportsbooks-industry/2841470-btcsportsmatch-eu.html

And according to the posting on that thread withdrawals weren't working after that post was made.  I'm sure the operator made off with a bunch of BTC as there were probably accounts on there that people haven't checked/used in awhile.

Sickening. The site operator, Cusipz was pretty shady from the very beginning.

From out of the ashes of so many bitcoin books something better will arise. That is for sure.

I miss this site a lot.