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1  Economy / Gambling / Re: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds on: December 25, 2020, 01:35:12 PM
Edit: Apperantly the site's been under attack and some services are not working including my balance update issue. They can't give any ETA for things going back to normal since almost all of their technical staff is on holiday.
Damn. Did hackers steal funds successfully or something? I tried accessing the site and it loaded up fine, but the message about the attack was displayed on top. Horrible time for an attack.

I was planning on betting on the Biden-Trump winner bet, but that might be risky considering current conditions. I hope they restore all services asap.

They said funds are secure. It's just you can't do much at the moment until they sort it out.
2  Economy / Gambling / Re: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds on: December 25, 2020, 09:46:14 AM
Quote
Is there a problem with the site?

The site looks fine to me

My last settlement has been on hold for 40 hours. It should take 24 hours at most for the largest settlement. It's also a very small amount of btc so I thought perhaps there's something wrong with the automated largest-settlement reserving process or something. Since it's on hold I can't do any betting, transfer, exchange or withdraw.

A couple of weeks ago the site was offline for a few hours also without any notice to be found in the site prior to going offline so it's a little bit surprising for a site that's been operating in the last 7-8 years to have such issues in relatively short amount of time.

Damn, have you contacted support?

I wanted to check here first if there's something wrong with the site in general since recently I saw a couple of tweets that mention problems with the site without going into details. Anyways, I'll contact support then.

Edit: Apperantly the site's been under attack and some services are not working including my balance update issue. They can't give any ETA for things going back to normal since almost all of their technical staff is on holiday.
3  Economy / Gambling / Re: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds on: December 25, 2020, 09:22:25 AM
Quote
Is there a problem with the site?

The site looks fine to me

My last settlement has been on hold for 40 hours. It should take 24 hours at most for the largest settlement. It's also a very small amount of btc so I thought perhaps there's something wrong with the automated largest-settlement reserving process or something. Since it's on hold I can't do any betting, transfer, exchange or withdraw.

A couple of weeks ago the site was offline for a few hours also without any notice to be found in the site prior to going offline so it's a little bit surprising for a site that's been operating in the last 7-8 years to have such issues in relatively short amount of time.
4  Economy / Gambling / Re: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds on: December 25, 2020, 07:37:53 AM
Is there a problem with the site?
5  Economy / Gambling / Re: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds on: December 07, 2020, 07:02:39 PM
The site has been offline today and still cannot be accessed.
6  Economy / Gambling discussion / Re: Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term? on: December 07, 2020, 01:39:24 AM


Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

There are a lot of reputable bitcoin sports betting exchange sites and they are and they are of the majority here, you just have to spend some time to research their reputation and see if it suits your preference, you are not really that good to win all the time and take down the whole gambling site, if you are playing in a big and reputable gambling site, you can win a big amount and cash it out.
I have seen big winnings cashed out, they will not suspend or restrict your account as long as you are playing fair, and they should be happy that the players able to cash out a big amount, it's a good promotional too.

So far I've only seen Fairlay and Exbet. Exbet has very little liquidty. Fairlay's decent but I think there's a conflict of interest there too. I read a post somewhere else about Smarkets and I think it may apply to Fairplay also. Here's a part of it.

Quote
It seems much of it stems from their use of market-makers who either work for Smarkets or work on their behalf who provide (artificial) liquidity to the exchange. So that when you are betting there, chances are you aren't betting with other customers but with Smarkets themselves. This of course creates a conflict of interest between the exchange and their customers, because you are betting directly against the exchange.

I've only been using them a short while but already I've witnessed their tricks, just because I have the audacity to win off them. Some of the tricks they do include:
(1) They use their liquidity providers to mimic Betfair prices. So you're not betting with other customers but with the exchange directly, which is a similar situation as with a regular bookmaker. Sometimes you can bust their risk limits, and you get the ridiculous and pathetic situation of what appears to be a liquid market with loads of participants turning into an empty market with about 5 orders. A high proportion of their revenue now comes from proprietary trading and I know they're recruited a lot of people into that area.

So far I'm testing Fairlay but it feels like their liqudity is artificial (provided by their guys) and eventually there'll be a conflict of interest between me and them if I profit consistently.

Any bitcoin exchanges besides Fairlay or do you think their liqudity is 100% natural?
7  Economy / Gambling discussion / Re: Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term? on: December 06, 2020, 12:09:15 PM
This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?
If you are winning a lot of money, you will most likely be investigated and asked to undergo KYC verification. Whether they will suspend/restrict/ban your account depends if you are strictly following the rules the casino have set (i.e. not playing from prohibited jurisdictions, not playing with multiple accounts, not underage, etc.)

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?
There are many reputable platforms here but do not mistake "reputable" as not having the ability to lock your account. AFAIK, all long time bookies here have had cases of account suspension/limitation in the past. Again, follow their T&C and you should be 90% okay playing.

I always abide by TOS since I don't want to give any excuse to bookmakers, but in the past I had trouble withdrawing from known fiat bookmakers although I had full verification (ID, bank account, photo etc.) and in total I broke even or made a very slight loss. Although I got my money back it simply took too much time, review process etc. and they made things really hard for me later.

I just wondered if things are better or worse in the bitcoin side and people sharing suspension/trouble reports about cloudbet, nitrogen etc. (rather known bitcoin bookmakers) has already made me suspicious. I hope to profit in very small amounts if at all since I think I'm better than an average better but if this is going to lead me to troubled times and losing money instead of earning, I shouldn't even think about starting.

This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

If you profit, you are not losing Wink In general bookmakers don't like winning players, which makes sense, because it reduces their own profits. So 99% of them will limit your account sooner or later, if you win longterm (and make frequent withdrawals). There is some threshold though, i.e. if you win $5 per month on average and withdraw them, this won't get you a limit. Things get different when it's $500 or more....

It kind of makes sense or is understandable, but I think bookmakers limiting policies are too strict nowadays. They are greedy just like all their customers are - human nature.

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?

Exbet launched their BTC betting exchange just recently and you won't get limited there for winning. As you anticipated correctly, they don't care, if you win or lose, they make their money with commission. They are still in early stages though and it will take some time until more markets are added and there is more liquidity. But it looks promising all in all.

Fairlay is another one.

Thanks, you confirmed my thoughts. I saw Fairlay and Exbet. Exbet seems very new so I think I'll try Fairlay.
8  Economy / Gambling discussion / Will Bookmakers Suspend/Restrict My Account if I Profit in the Long Term? on: December 06, 2020, 11:43:41 AM
This is something I don't get. If these bookmakers are going to suspend or restrict my account in the case of profiting too much, why should I even bother with sports betting in the first place? What's the point? Having fun while losing money?

Which leads me to the question, are there any reputable bitcoin sports betting exchange sites? And will they suspend/restrict my account too if I profit too much although they won't be affected by my winnings so logically they shouldn't care about it. In fact, since the pool and liqudity get bigger they should even support it. So, is it really the same case with bitcoin exchange sites too so that I should give up betting if I plan on winning in the end?
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