Bitcoin Forum

Everyday I look at the gambling thread and the amount of sports guys we have in this forum and can't help but think why nobody has the anger as me when it comes to the vig in sports betting.

With bitcoin I think we have a huge advantage to eliminate this if we can a couple regulars that are up for some peer-to-peer wagering.

Here's an example of how a wager would be posted:
I want Heat -3.5. Risking .1 btc to win .1 btc.

If somebody comes back with "booked".

Then the wager is on. I'll document and post all of this in a google doc to track everything.

Interested members - PLEASE post or PM if this is something you would be up for and if you can make any suggestions.

FAQ

What Am I Proposing?
A way to bet on sports and/or entertainment vig-free.

How ?
Create a SELF MODERATED thread to would only allow verified members of the thread to post the wagers they want to make.

If there's an unverified member the post will simply be removed.

What's a verified member?
Somebody that has escrowed an amount of money to a wallet and verified they have btc to wager.

When do you escrow and when will you be paid out?
The best way this would work is once a week. For example, you would escrow the money you are willing to wager on Tuesday. Then have Tuesday-Monday to gamble. If you win, the moderator (me) will send you the payout. If you lost, then you don't really need to do anything.

What's in it for you?
I'm dying for vig-free action. So that's what's in it for me. I'll probably eventually ask to take a cut of the winnings once we get everything tweeked, but for now work off tips if winners are so inclined.

i may take part in this every once in awhile.  However, i am not going to escrow.  You are just going to have to trust me.

Also i do have a question.  When it comes to ML sports like NHL and MLB.  How is vig free calculated?  I should probably know this since i have been sports betting for years but i guess since i am never making a vig free bet i have never thought about it.

I respect this, but it would just never happen if you don't escrow. You're setting the wrong message.

I myself am willing to escrow and I'm the guy trying to run it.


Good question. We're so used to betting with house edge so we never come up with it.

Lets take a game tonight: Marlins @ Giants.

1. Go to pinnaclesports.com
2. Current line is: marlins +124 / giants -134
3. Enter these lines in the vig free calc @ 0vigcalc.150m.com/calc.htm
4. Get +/- 128

Make sense?

Lets see if we can get anything going here. Willing to bet up to .5 btc on these total.

NHL:
Rangers/Canadiens Over 5
Kings/Blackhawks Over 5
Canadiens ML

MLB:
Reds/Nats Over 6.5
Astros/Angels Over 7.5

Once again, vig-free .. escrow required.

Might take the rangers.  Like i said im not escrowing you will have to trust me just like i will have to trust you.  Ill let you know if i decide to take this bet.  Can you post the vig free line please

if this thing work, it will great for us sports better.

I think you can ask escrow.ms. He always ready to help in this kind . and he is also very trusted n BTCtalk.

Eh, sure. So yeah, just say:

"Risking X btc to win X btc on rangers"

Once you do that and i'll reply with "booked" and once that's done. Then it's complete and then it's on. Try doing that at least 30 minutes before the game.

ya no problem ill be sure to post in here if i decide to do so.  can you post the vig free line?

That one is odd .. It's actually 1:1 now.

So .1 btc to win .1.

Usually doesn't happen that way with ML, but public says it's going to be a close one :)

Ill know in about 30 min if im going to take this bet or not.  Ill post in the thread. It will probably be for 0.1 BTC

Looks like i wont be able to tell if i want to make this play until really close to game time.  So i dont know if you are trying to hold off from making a play at a sportsbook or not.  If you are i would say go ahead and book your play at a sportsbook because i am really not sure if i will end up making the play or not.

Oh i would like to add.

If i do end up deciding to take the play before the game starts ill post in here.  However, if youre making plays at a sportsbook i will not hold you to the play unless you respond within 10 min or so saying youre going to take the bet.  I dont care if you respond after the game has started as long as its within 10 min or so.

Just say booked or not. Just trying to get the thread rolling with some action. Once people see btc moving it'll attract more attention.

I'll give ya up til 8:05 PM EST.

Ball is in your court!

You had me until here.  (if there was a cost to either bettor, it would no longer be vig-free!)

there are already software solutions for escrow.  hell, i did it over a year about for BFL bets using the btc-address tool (possibly renamed now, possibly just referred to as multi-sig transactions now) .  
IMO No money needs to be paid to the escrow-er ever.   If we all just want vig-free action then we can do this with the blockchain.

multi-sig escrow would work extremely well to settle sporting event bets IMO.

ill be back around 8pm est

Micon -

Do you have a thread or something that has all that information?

If you can kick some ideas around on how to make the idea more efficient AND possible for a "bitcoin noob" to figure it out. I'm down.

I kind of would like to know why it didn't work out? Sounds like a good idea!

EDIT: The original idea to take a cut of the winnings comes from the thought that I would be spending 40 hours a week documenting the wins/losses and balancing the weekly numbers. If you can eliminate that. And no reason for a middle man. Heck yes, lets do it!

Booked NY Rangers for 0.1 BTC.  Is that good for you six?

BOOM! First one. Could be the start of something legend .. wait for it .. dary!

Yes. it's good. good luck.

Alright im heading out to watch the basketball game.  I wont be back home until after the game is over.  I am also probably going to stop by the track on my way home and go for a jog.  I will send the BTC tonight if i lose right when i get home from that and ill still be on and off here during the game but wont be at my computer with my wallet.  If you win send me the address you want me to send the BTC to, either in here or via PM.  Whenever you receive it please post in here that i paid.  I will do the same for you.  If i win ill send you the address when i get back home this evening.  If you are already asleep at that time you can just send it in the morning when you wake up.

Don't worry about it until 5 EST tomorrow. That's probably when I'll send mine. But yeah, PM me you btc address you want me to send it to.

Sent six figures a PM with the address to send winnings to.  I will update thread when i receive funds and we can begin marking users as trustworthy.

Why not go all the way and have a Betfair type concept for Bitcoin - peer to peer betting?

Especially on the Football (soccer) Betfair is near 1% or less over-round (ie £101 - to win £100) you do have to factor in 5% commission but some money do have to go to the operators to provide the service.

I have thought about this for some time now

I personally was hoping we could just use this thread and a trust system.  post everything in this thread so there is a record of it.  i really wish this site did not allow editing of posts but we would have have to work around that.

Anyways we could post positive feed back and leave positive feed back on the user (the trust icon thing).  After a while there will be a nice little group of trust worthy people making plays.  Every once in a while you will run into someone just trying to get free bets but you can take the risk yourself.  If someone has a new account or very low post count you might decide not to make a bet with them or make a very small wagers with them to start out with.

Eventually, if there are enough people interested, we will get a nice little community in here of active users who are trustworthy and wont have to worry about making bets with new accounts.

I personally am not familiar with betfair. So I'm unable to make a comment. I'll look into it.

Trust system will never work.

Gamblers are shady -- bottom line. All you need is one person to mess it up.

BTC provides a quick and easy way to escrow money. So if one person can't escrow money once a week. Then that's just lazy.

Obviously us gamblers also like to get our winnings right away, but the model that I proposed would just take way to much time for me in order to ever to do that every day. Micon had some input. Would like to see if he can post more detail about what he was talking about and maybe we can bring that to life.

PS - Shipped yo funds, obv.

trust system can work.  When you have escrow how do you account for the transaction fee?  In a few min when i fire up my wallet comp ill add some trust to your account and document it in the thread.  Yes i agree some gamblers are shady but that is not all of them. 

Also you are talking about being the escrow person.  What happens if your harddrive crashes and you forgot to back up that wallet?  Or what happens if somehow someone gets into the escrow wallet and takes all the funds?  Do you really want to put your self in that position?  You are responsible for everyones funds.  Are you going to pay everyone back out of your pocket?  If not then people will always have the thought in the back of their head that you stole the funds.  Its just not worth trying to set up an escrow for multiple people.  I think the trustworthy system would work a lot better.  Dont make bets against new accounts or accounts with bad trust ratings.  If you do make them send half the bet amount first.  There are lots of ways to make this work.

Just take a look at twoplustwo's money trading section.  There is a mod but for the most part its run by the people in the thread.  People do their own due diligence when researching a trading partner and know the risks when they do it.  Some people get burned every once in a while but usually when this happens its because they didnt take the time to research who they were trading with.

2p2 does have their problems. And that's what I'm trying to avoid. Debating the frequency on which it occurs or the $ amount lost in a certain period of time is mute. I'm trying to create a process where it's 100%.

As for me dealing with the possible problems that may occur -- Yes, I guess I would take accountability. Obviously, would like to finetune and make the process as stable and secure as possible.

I would really like to look into what Micon was talking about. Really wish somebody would share a link with more detail.

We launched the basic version of our betting exchange a few weeks ago.  We are taking member input into account as we continue to add features and sports/leagues. Those familiar with betfair will be right at home.

Exchanges are cool because you can't beat the odds and you there are no limits imposed by the house. Obviously these exchanges benefit from liquidity, which is what we are working on now!

While bet fair has 5% commission, we are offering 2% for the time being.

Let us know what you think!

I guess technically this is "thread capping", but oh well, can you update your thread with more information on this. Seems like most people are familiar, but I don't understand it totally.

I received payment from six figures

Left positive feed back.

Posting early.

Want up to 1.5 BTC on:

King/Blackhawks Under 5

Last minute bump

I have two plays i like for tomorrow if you are interested in taking the other side.  With baseball i would like to point out that if there is a pitching change on either side before the game starts then the bet is off.

Toronto ML
Buehler

San Fran ML
Hudson

no preference really on any of them, but i might take one. i'm assuming your max is .1 btc?

Yes my MLB plays are less than other plays since I don't have a strong system yet

Hope to get lucky = my system.

actually 0.05 BTC is what i want to play on either of the two.  Let me know if youre interested.  I am going to lock them in at a book tomorrow an hour or two before gametime

I'll take your action on SF. I have Red Sox. You have SF. Current line is -152/+140. Vig free line is +/- 145.

So I'm risking 0.0725 btc to win .05 btc.

Booked!

Ok booked.  I am going to lock the toronto one in at a sportbook.

umm ok you confused me and i see way.

You say you have red sox but you say youre taking my san fran action.

Toronto plays the red sox.  San Fran plays colorado.  Can you verify you mean you are taking the other side of my toronto bet?

Shoot my bad .. crossing games.

line is -112/+104. Vig free line is +/- 108

My 0.054 BTC to your .05 BTC

I have rockies. you have giants.

Sorry.

EDIT: I'll also take the other game if you want, but i though max you wanted to risk was .05 btc total.

.05 per game.  You dont have to take the other game unless you want it.  I have already put both in at sportsbooks anyways before i saw the confusion

Alright, we'll just leave it go for now. We got the one game anyway. No need to rush into things.

welp looks like san fran game got postponed which cancels the bet.  At least that is how it works at sports books so i would assume the same here?

Looking for 1 BTC match on the houston Team total for the 10pm game against seattle. I want the over 3 runs by houston, bookmaker.eu a cash book has it at -115 for the over 3. I'll do -111 with someone if they'll take it. The under is -105 on bookmaker.

Vig free would be -105 over 3, +105 under 3, but I'm looking for over 3 paying -111. Risking 1 BTC.

! this . Dont trust anyone in the gambling world ever.

I would be willing to partake if there is good way to escrow. Using OP as escrow is obviously stupid.

Trust system does work.  Dont make big bets with someone who has no trust.  Start off small and get trust built and make sure to give positive feed back as well as give them a plus on their user name.  That little +/- simple called trust next to their name.  If you a new person with little trust and you are betting against someone with a lot of trust he may require you send half the bet up front.  However you want to work it out.  It can work but wont work if you have zero trust yourself.  There are a lot of trust worthy people out there, more than untrustworthy.

Trust system is guaranteed to fail sooner or later. Its also a perfect angle shoot that im sure will be exploited by building trust and then disappearing at once with alot of coins.

How are you going to disappear with a lot of coins?  Please explain this?  What are you making a 5 BTC plus bet?  I dont think so and in that case sure grab an escrow.  What im saying is you dont need to have an escrow for small amounts.

I am very interested in hearing your reasoning on how someone is going to "take off" with a ton of coins?  By take off do you mean not pay a bet?  because technically speaking that would not be taking off, that would be not paying.  The winner of the bet would not have technically lost anything by the other person not sending the losing bet.

Want to know how someone could become greedy and take off with a bunch of coins?  Using an escrow, thats how. 

You do realize the whole idea behind using an escrow is using someone you "trust" right?  But in this case of trust everyone is sending one person their coins to hold and then disperse them according to bets.  Your logic makes absolutely no sense whatsoever.  If you are saying the trust system wont work then why are you trusting someone you dont know to hold a lot of coins instead of trusting the one person you make a bet with to send a small amount if they lose a bet.  On top of that over time people will gain trust and it will reflect in their trust rating.  Take a look at six figures, its +1 because i gave him positive feed back when he paid his loss. But you would rather everyone send amounts of BTC to someone who is deemed "trust worthy" and have them in charge of a large amount of coins?  Thats insane.  I dont trust any escrow, you want to know why?  Because how do i know you dont know the guy?  How do i know he will run away with the coins and then send you half of them?  I trust myself to send a losing bet.  If i dont pay a bet guess what?  I basically will be forced to leave the forum.

I agree, some people will take advantage of this and make bets with coins they do not have and will not pay when they lose.  However, if you are a trust worthy person, and your rating shows, and you have made, lost and paid a lot of bets you have the power to require a lesser known better who does not have such a rating to send a certain % of the bet before the game starts to hold on to.  This is how it is suppose to work.  I have been around this enough during the poker boom trading money on two plus two with people i didnt know.  If someone approached me wanting to trade i would do my research and figure out if their have been any complains.  I would see how many successful trades he has done and if he had done a lot more than me i would send my money first and he would send his second.  Then we would each leave positive feed back in the thread to be tracked by people later on.  This is how this stuff is suppose to work.

Oh and i was never once burned trading money on two plus two.  Others were but in almost all cases it was because the person wanted their money traded fast and did not do the research to see if he was trading with a new account or not.  Then he would transfer a very large some of money first to an account that had either not done any trades who done a few small trades and he would get burned.  I had a system for trading large amounts of money, i would do them in increments.  This why if i do get burned im going to get burned for a very small % of my money.  There are ways to figure these things out, an escrow holding a lot of coins worth a lot of money is not one of them.

Okay for a small amount I agree I would gamble for small amount with people who seem trustworthy.

Still ive seen it personally, I have been around gamblers and the best course of action in general is to NOT trust ANYONE no matter who.

This trust system seems like a perfect gound for desperate gambler to take a free shot. Ive seen it, a broke gambler will scam you for even small amounts, they will invent the biggest sob story just so you give them 5$ to eat which they hope they can spin up into 10k.

Its hard enough to trust friends, what about an anonymous gambling forum?

you keep referring back to a point i already made.  i know right now at this moment in time there is not really any trust for anyone bc this just started.  But months from now there will be people in here with trust and if someone comes in that is not known and has no trust then you can require them to send a portion of the bet before the game.

If they dont want to do it then dont bet with them.  They would probably be someone trying to scam.

Ive traded on 2p2 with trusted members , I havent been scammed either but others have. In the high stakes xfer thread there are actual known personalities with a track record. Who do you know Bitcointalk that has a track record as a sportsbettor?

Unless you're PROVEN and i mean truly PROVEN trustworthy, all vig free bets must be escrowed (if dealing with me). Localbitcoins or another escrow site works.

Glad no one took me up on the over 3 Team total for houston, made this play instead:

https://nitrogensports.eu/betslip/3721fd4RVZBMUtXV3dwMjRlenVJUTdsMnpWdz09/r/33588/

fair enough, I might take some action once in a while

Id have taken it for 0.1 BTC. Didnt see it in time. Pm me if you want a future team total, ill do up to 0.1 BTC. Maybe more

and what % does local bitcoins take ?

Having a fee for an escrow quickly becomes the opposite a vig free bet

1% afaik but it doesnt work as an escrow for btc / btc bets

This reminds me of the 2+2 betting thread, except they do it based on trusting each other, not escrow.  If someone does not pay up, they are never allowed to place a bet again.

I won't send someone my btc as an escrow, especially as I bet small time.  I wouldnt require the other person to escrow either.  If they dont pay out, they will be called out, and people will know not to bet with the welcher.  It's pretty simple.

then what are you proposing we use as an escrow for btc bets? Or are you proposing that we constantly bet between cash and BTC and have to convert it possibly losing or gaining money?

Either way if that is how you want to do it that is fine.  Personally i dont mind paying the vig at a sportsbook and that is why i make the majority of my bets there.  I only check here to see if certain people want to take the other side of any of my plays before i put them in at a book.

Thank you i have mentioned the two pus two thread for trading money in here multiple times but i do not think they understand how it works.  The difference here is that its a lot safer.  You dont techincally lose money if someone doesnt pay up their bet.  As if you were burned when trading money you would have sent your portion of the money and received nothing in return. 

This site has trust on the account which makes it even easier than two plus two where you would have to search through thousands of pages to figure out if the guy had a positive rep.

Agree on that 100%.  You arent out anything, and its really easy to let people know the person did not pay out. 

If anyone wants to make a small bet vig free, I may take on one if I like the other side.

If anyone is on the opposite of these three plays tomorrow please let me know, im gonna hold off putting them in a sports book for now.

Miami ML

White Sox ML

Dodgers ML

I was just pointing out that localbitcoin doesnt work.

I will take MIL ML tomorrow, risk up to .05 btc on it.  If you want it, post the current vig free odds and reply booked.

Interesting.  I am attempting to flush out a possibly scammer . . . . signing up today and showing up in this thread and seem to be the only person besides me who endorses the trust system.  What i did with this post was stick bait out there but your response intrigues me.  The HUGE red flags are not there.  I would have expected you to want to book all three or take the bigger favorite (yankees). 

I honestly can not make a decision by this response from you picking milwaukee and nothing else.  I was not planning on playing this game but ill take miami ML if you still want to make the bet. 

However, since you are indeed a new account that signed up today and showed up in this thread during the debate over scammers i would require you to send half the placed bet ahead of time.

I would be willing to bet up to 0.05 BTC on this game if you are willing to do that.  If not that is fine no harm done and you can try your luck with someone else.

Require the FULL AMOUNT in escrow. You're asking for a scam here brian...

I understand this and that is why im asking to have him send me half of the betting amount up front.  If i lose the bet i send my full payment plus his original half back.  If i win the bet he either sends the other half or is a scammer and is still out money.

I am not putting up ANY amount of the bet up front, if I want to do that, I can bet at a sportsbook.  

I will say that I did not sign up today.  And I am on 2+2 also, but it is up to you.  .05 or less, if you want the bet,

You are 100% a scammer. Obviously brian don't do the bet.

ALSO, for anyone who wants to know what bets I will match in advance. I tail two cappers currently on ALL their plays on sportsbookreview.com: "Bigpage25" and "NoCoincidences".

I tail their bets unit for unit (my unit being 0.20 BTC at least). If you find their threads on SBR and like the opposite side they are on let me know. I am fine with using an escrow for the match vig-free bet. Minimum 0.20 BTC match though so that my time is not consumed with the process. Will not "book" a bet without money in escrow or upfront unless you have truly proven yourself trustworthy here on the forums.

For the nitro guys that have asked bout me in chat, I went 2-0 today on personal plays for +0.933 BTC (Houston FF +0.5) and +0.96 BTC (Chase Buchanan -2 games). Will be back tomorrow in chat, good luck to sports bettors especially nitro chatters.

I am 100% not a scammer.  He can decline, and I won't be upset.  If he wants the btc sent to him first, he can start up his own sportsbook.  I place bets weekly on 2+2, using this exact method, and never have issue. 

Don't call someone a scammer without any proof of such things.  I have not stolen from you, or anyone, and have no intention of doing so.

Thank you.

I wont take the bet.

Not a problem.  If you open up a legitimate sportsbook, and have a good track record, I will consider becoming a customer. 
Good luck on your bets tomorrow.  I like the side you are picking on the other two games.  Also, consider SEA ML tomorrow as well, for another good pick.

HOLY SHIT THERE'S ALOT OF TALK IN HERE!


Yeah, it's canceled.


I'll gladly take these bets. Next time PM me and escrow. No way in hell I'm taking somebody for a $500+ bet on their word.


Dude, I get you, you don't know me. So asking you to escrow money is crazy. I was just trying to eliminate some factor where I would get scammed. Pretty much I'm just trying to get vig-free sports betting community here with a lack of scam potential.


brian - I get ya bud. I really do, but the fact is that I might make a .1 bet with you tomorrow and I could lose. I have two options:
1. Pay you.
2. Sign off bitcointalk and never talk to you again.

I mean, it sucks saying it that way, but there's a lot of shit that happens in the life of people that might cause them to do this ... especially in the gambling world.

I know you mean good .. I can feel it, but dude, with gambling + btc. It can easily be scam central. Whether it's planned or not!

Oh, and you mentioned that you were never once burned on 2p2. Could very well be true, but you gotta look at this as a scalable opportunity. Like, if Joe Shhhmooe comes in and wants to bet. You need to protect his money. That's how I'm looking at it.

You've been joined for less than a month ..

True.  It was an offer, and it was for a very small amount, because of that fact.

He declined, no hard feelings.  I also gave him my opinion on another game I believe is a good bet.  Regardless of the fact that he did not take me up on my bet, this is still a good idea, and it follows along with the thread of the same type on 2+2.  I forsee that people will become regulars in this thread, and it will be successful.

I'll take all of these ..

Miami vs Milwaukee - My .05 to your .05 btc

White sox vs yanks - My 0.067 to your .05 btc

Dodgers vs Phils - My 0.028 to your .05 btc

If anybody wants to "steal" any of these let me know. I'll give them up. You just need to escrow the money to me. Thanks.

You claim to be a 2p2 reg. Post your name.

Not going to happen.  The fact that I know of the thread and know how it works is enough for me.  I keep my BTC accounts unlinked to any other accounts, for the simple fact that I am not prepared to allow any way for the government to link me personally to btc.

I will post any bets I would like here, and offer to take sides occasionally as well when I see something I like.  I have no issue being told no, or being ignored.  Just as I would expect the other side to accept me declining if I ever felt the need.

I understand the paranoia, and it is sad when a person on this forum cannot be trusted to ~25.00 bet.  But looking in the scammer forum, there is a need for the paranoia.

There is only one site where i would agree giving your forum name out is out of question and that is reddit.  Asking for a 2p2 username is not absurd and there really shouldnt be a reason to be hiding something over there.

Interesting idea. I'll be looking to get in on some NBA games

I was never planning on playing any of these.  I was trying to get this other guy to jump on them. I would be willing to play the following games at very very small amounts since all three are a new system i am testing out and have zero back tracking.

Miami ML 0.0125 BTC

Seattle ML 0.025 BTC

Oakland ML 0.025 BTC

if any of those interest you for those amounts reply back booked either way ill be locking them in at sports book tomorrow.  Im going to brush my teeth and get ready for bed.  Ill check the thread one more time before i call it a night.

My real name is part of my 2+2 name, and also my real name is linked to my forum name from poker stakes I have accepted for WSOP poker tournaments over the years.  Therefore, I will not be providing.  

Sorry.

You're Brian "The Icon" Micon.

What do i win?

No.  I do know him a little though.  He doesn't realize it though.

Six ill check the thread in the afternoon before locking in my bets to see if you want the other side to any of these.

Ok cancel our bets for now. I hate to come off as mr. big baller but those amounts are just way to small :\

No action for now.

Interesting and I will be following this thread closely!

Will book no vig action on any of the following games, I have listed the no vig lines as well.  Max of .05 on each individual game.

I want:

WASH ML  +111

OAK ML -114

MIL +112

Quote to book bet.

Nobody is going to take your action.

I'm thinking about locking this thread up and doing a self moderated thread.

Better yet, escrow your measly .15 btc to me and I'll take action on all of them.

You have no more trust than me big boy.  Lock the thread.

He actually does have more trust than you.

https://bitcointalk.org/index.php?action=trust;u=142697

Then lock the thread.  Simple. 

^^Makes a vig free thread, only to try to charge an escrow fee later on  ^^   ::) ::) ::) ::)

Just trying to stick by the rules. If you want vig free action I'll give it to you. Just need to escrow (no fee) first.

Want Balt ML today, risk .1 to win .1 (even money bet)

Will escrow, just to show I am not full of shit as was insinuated,  want the bet Six?

You actually get .104 here, but yeah, I'll take it.

Send here before 12:30 EST and it's booked:

1ECF62GDrDUg341nv3fmRgqzYmN52Zihe3

I'll payout right away if you win.

Sent:  https://blockchain.info/tx/bd3f780fea6a18afa771ec7c69583985cf6e4dfdb11c3fb275d21792025b9373

If I win, send .204 to:  16geuF25dkPt7Su6FyXTyWnWSCVcVMHuk4

Good luck

What confuses me here midwest is that i offered to take bet with you the other day asking you to send half the bet up front. You refused but now your willing to send the whole bet amount up front to an "escrow" which is a wallet of the person you're betting against

Shouldnt be too confusing, he has a ton of trust entries....you have one. (from him)

Oh ok, was just wondering what cause you to make that decision.

Is anyone interested in taking the otherwise of

Detroit ML?

I'm looking to bet to win 0.05 BTC

Believe you want texas. I am also looking for a match to my texas bet: risking 0.20 on Texas +160.

if I understand his post correctly he wants Detroit and is looking for someone who wants to back texas.

current line is -168/+155. vfl is +/- 160

I'll take rangers. Your .08 btc to my .05 btc.

If brian meant he wants -160 on Tigers I'll do that for up to 0.32 BTC on tigers. I would have Texas.

Booked. My .08 to your .05 BTC

I am also interested in taking Washington ML but only for 0.025 BTC so not sure if that is too low for you six or not.  if anyone else is interested on going on the other side of washington for around 0.025 let me know

washington is currently underdog so i would risk 0.025 to win vig free line

If you want anymore on Detroit let me know. I will send first to you for my amount of the bet.

thats all i want on them sorry.  six might take it though.  I sorta feel like hes trying to be a bookie without the vig

Lol not trying to be a bookie just trying to get this thread rolling with interest and/or players.

Six can I please get my trust reive and post in thread of my bet payment to you for the bet today

I'd be interested in this too as long as six keeps up the honesty with being escrow. Six I was a little disappointed with your comment that you will eventually take a
Percentage cut. Isn't that what we are all trying to avoid?  You taking a cut would be the same as a vig...

I sent my losing bet to him in the 8th inning of the Detroit/rangers game today. So I'm just waiting for him to confirm it in this thread and give me a review. I want my trust points damn it.

LOL!

Yes, I can confirm brain123321 sent right away!

Leaving positive feedback in the next five minutes.

Racing? Tennis? Golf anybody?

I'm gone from home today, on my phone, but I like Oklahoma city tonight. If you want to book it, I like them -2.5 our whatever the current spread is, for up to .1

sixfigures wanna try Cricket.

Glad I didn't get this, I booked a three team parlay, ny rangers, Oklahoma city, and cardinals for .13 btc, won .83

Ah, not today, not really in a gamblin mood believe it or not. Maybe somebody else can take the action though?

not today, I means in future. IPL is running and its reached in qualifier stage and we will try in international match too.

FYI, I just launched bitbook.ie (https://bitbook.ie (https://bitbook.ie)). It's vig-free, parimutuel sports betting. It has scores and informational Vegas odds (the real odds are derived from user bets) for the World Cup, NBA, NFL, MLB, NCAA Football and more. The Blockchain is the Book.

No accounts or deposits. Bet by sending a transaction to the specified Bitcoin address. All bets and payouts are shown in the Ledger for verification by the public.

It's as decentralized as I can make it, but I would very much like to decentralize it further using coloured coins / smart contracts. Let me know if you can think of a clean way to do that.

Lot of action this weekend with the world cup and ufc. Let me know if anybody wants a little action. Once again .. must escrow.

I would like to bet against germany winning the world cup.
anyone interested in backing germany at vig-free odds?

What odds do you want?

pinnacle currently has no odds because of the running match between brazil and colombia.
As soon as they release the new odds for germany lifting the trophy / not lifting the trophy I´ll post them here.

in general you can simply get the odds from pinnacle and insert them into this calculator:
http://sportsbettingsites.org/betting-tools/no-vig-calculator/

I am interested with World cup matches.