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Title: Reserved Post by: bitbookie on June 04, 2014, 06:14:16 AM Reserved
Title: Re: bitbook.ie - *NEW* Easy Vig-Free Parimutuel Bitcoin Sports Betting. No accounts. Post by: 21pilot on June 04, 2014, 02:16:21 PM [
this sounds sick ;D Must be nice to win a huge bunch of BTC with such a tiny wager amount. Nevertheless Iīm still not sure if I understand your system correctly. Letīs say I want to bet on the World Cup winner Germany: American Odds -375.0 Decimal Odds 1.1258 1.2667 Pool Total - 0.003 If I would take the field vs. germany I would get 1.2667 odds (of course that is way better than at any other bookmaker). But what happens if I place a wager of e.g. 1 BTC but there is not enough money on the other side of the bet (a germany world cup win) ? The high odds are only attractive if my bet is matched. Otherwise it may sound nice that I would be able to get a 1.2667 odds, but this is useless for me if I canīt place substanstial amounts of BTC. And what exactly is the 0.003 pool total? Is this the total amount of BTC which is currently placed on this bet? Or on the other side of the bet? Sorry for this question, but I think many other newbies have the same questions as me regarding your website. Thank you :) Title: Re: bitbook.ie - *NEW* Easy Vig-Free Parimutuel Bitcoin Sports Betting. No accounts. Post by: 21pilot on June 04, 2014, 02:51:54 PM thank you for the explanation!
Now I understand this system. The biggest issue for your site for now is to attract new users, because liqudity is desperately needed in order to offer good odds to the players. Title: Re: bitbook.ie - *NEW* Easy Vig-Free Parimutuel Bitcoin Sports Betting. No accounts. Post by: jjc326 on June 04, 2014, 03:02:15 PM This is certainly interested with no vig. How do you make money? It's jut good for us to know, so we know there is no shady business going on (we'd have to assume you're making money somehow or else why do this?)
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