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I know that virtually every sporting event has been cancelled or postponed but are there any plans to add anything to bet on in the near future?
I'm just about to add more cryptocurrency bets but I'm open to any ideas of events people would like to bet on that haven't been cancelled. I would open bets related to the virus. When comes vaccine, when comes medicine, will Trump assign people back to their work during April, curfews etc. The virus is the only thing the world will follow in the coming months.
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It is true because your logic is completely flawed. We only take 5% from the prize pool so everyone gets the other 95%. The time weight multiplier is irrelevant to the house edge.
I'm sorry for the misunderstanding, but you explained the matter badly. So you are returning really 95%, though not for everyone but first bettors can get theoretically over 100% and have great advantage. You still haven't named a parimutuel betting site with a better house edge and are making comparisons of house edges in different betting types. If you don't like parimutuel betting then don't do it.
And I wont, I didn't claim to know a single one. And no I wont, I like betting, but not this time weighted system.
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You guess wrong. Our house edge is 5% which makes it the same or better than any other parimutuel betting site and fixed odds betting usually has a higher house edge as the bookie is taking a greater risk. You keep stating that there are better places to bet but so far a failed to name one.
This is not true, because bettor have to be very early. If he notices match even one day late, he can not have 95% percent return, it is allready under 90%. In Sweden and Finland have state-owned tipping companies that offers 85% percent return to horse races. It is lower return, but bettor can place bets to last minute before race with same conditions. What comes to fixed odds, here is sample of this evening CL-match between Dortmund and PSG: https://www.oddsportal.com/soccer/europe/champions-league/dortmund-paris-sg-UX5SubKs/#ah;2;0.00;0 There is 4 bookmakers that offer over 98% return, in Asian betting companies around 98% is common.
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You have to answer my question before you get to ask me another one.
Name a parimutuel betting site with a smaller house edge.
Well I dont know any other betting site with bitcoins and parimutuel. But I guess they all have smaller house edge, because freebitco has around 70 - 75% which is very small.
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I only know of one other Crypto site that does parimutuel betting which also has a 5% house edge. For fixed odds betting you will normally get a minimum of 5.5% house edge.
What is that site?
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You did not answer my question. Name a parimutuel betting site with a smaller house edge.
I did not know the term, parimutuel is like tote pool. Yes I dont know any tote pool betting with bitcoins in the whole internet. But it doesnt matter, rules of the game are too bad, when I can bet on fixed odds with 97% return.
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Also there is no accountancy of own bets and it is difficult to monitor bets. It would increase credibility if there was a total statement of how much money each option received and how much it was paid out in winnings.
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Name a parimutuel betting site with a smaller house edge.
There is a lot ~97% betting sites with bitcoins and all asians bookies have ~98% with fiat. You cant engage meaningful betting with 50% return, it is ridiculous. I looked their turnover and it is not much. They would do better to release just simple tote pool with 95% return and get 100x bigger volume or 98% return and 1000x bigger volume. These are researched stuff.
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This seems to be complicated. So first there is 5% cut and early bird can have 95% return, so last bettor can have only 47,5% return, is this correct?
no wonder they can afford to distribute lamborghins
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This seems to be complicated. So first there is 5% cut and early bird can have 95% return, so last bettor can have only 47,5% return, is this correct?
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What is "house edge" in betting? If formula is (Bet Amount)*(100%+(Time Weight Multiplier)%), is this still multiplyed by closing odds? Can I assume that early bettor can have 0% house edge and later bettors pay house edge?
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ponzi? From administrator Sent on May 17th 2014 You will. Hacked...not a ponzi.
---------------------------------- rynomster on 17/05/2014 04:45:58 are we ever going to get our property back? it seems like at the current rate it will take a year...
By my calculations, it takes 3 years
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Under no circumstances should anyone deposit any funds to btc-arbs.com
It is a ponzi scam. They are prolonging the operation to obtain more deposits and have stolen previous deposits under the guise of a legacy account (that people can't withdraw from).
CORRECT...no one shouldnt deposit before everybody here have confirm their withdrawals.
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i sent him total 0,113BTC (total 6 part) 3 parts 48/48 payout (+0,02464BTC) 1 part 42/48 payout (+0,026BTC) 1 part 30/48 payout (-0,002BTC) last part 24/48 payout (-0,00756BTC) now my profit => 0,01768BTC (around 8$) thanks $atoshihype lucky you
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Payments will resume in an hour or two, we're almost done!
Why wont you just fuck off, crook
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Again same issue. When I join in, ponzi collapses
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I have got my legacy fund back 30.04. and I guess now is everybody. Beacause todays report is"Arbitrage result 0.29%. Legacy transfer completed." But withdrawal is not working. I made my withdrawal 38 hours ago and nothin in wallet yet.
Wait? You got 30.04 btc back? Or do you mean on April 30th? Yep, april 30th I got my money back and made withdrawal @ 18.27 my time. Now my time is 09.02, so 39 hours past.
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I have got my legacy fund back 30.04. and I guess now is everybody. Beacause todays report is"Arbitrage result 0.29%. Legacy transfer completed." But withdrawal is not working. I made my withdrawal 38 hours ago and nothin in wallet yet.
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And now not even every two hour...
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c'ant you adjust the scrypt to pay 6% each two hours? i made quite a few deposits and it's hard to keep track in other way then the time line...
I am too recieving only 3% every two hour
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