Bitcoin Forum
May 10, 2024, 08:42:34 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Gambling / Biteller.com Cash-Back Betting Rewards - Feedback / Suggestions needed on: July 13, 2021, 04:10:19 PM



Hello BitcoinTalk.org Community members  Grin

We recently launched (in open beta) a cash-back / crypto-back rewards platform for the igaming market and would love to get some feedback from you!

Just like every other affiliate website, we get a commission from our partners when one of our users sets up a new wagering account using our affiliate link and begins placing wagers. If that user generates a commission we get paid … but instead of keeping all the money like the old school affiliate networks of yester-year - we share it with you!

We feel this segment of the industry is due for a little disruption!  It doesnt take too much searching (many are publicly traded) to see how much some of these other affiliate networks make on the backs of their referrals ... we think its time to pay it forward (or back Smiley ) and make the relationship more of a win-win.

We initially launched into the fiat based sportsbooks and casinos and we are now making a big push into the crypto gambling space.  And that's why we’re here … we would love to get feedback on a few things we are working on moving forward:

-  We’re adding new partners to the platform every week but are there websites you guys are using right now that you can suggest we add to the list of “Partners Coming Soon”?

https://biteller.com/category/All+Casino+and+Sportsbook+Partners

-  We currently pay our users monthly rewards with the currency we are paid by the partner … so if a partner pays us in USD we reward the user with fiat.  These USD rewards are paid through paypal but are there other wallets we should be looking at to make these fiat payments?  When it comes to crypto partners most of our commission payments are in BTC but we have partners that will be paying with whatever crypto the user plays with on their platform … any issues with us converting the crypto commission payments to BTC or should we be looking at implementing a payment system to rewards users based on whatever cryptocurrency we're paid with?

-  We're looking to build a pretty extensive blog strategy around different trading ideas that utilize the Biteller rewards and there has been chatter between a few active users that the Biteller rewards could be a useful tool for arbitrage traders.  Arb traders that use sportbooks like Pinnacle and other partners would probably see some value in gaining 12.5% cash back (or more!) on losses we would think!  We assume any partner that has a negative carryover would complicate things slightly but any useful trading ideas you see for arbing (as well as outside of arbing)?  Could cash back rewards be useful for completing bonus rollovers?  We would love to generate some valuable blog content around some trading ideas as we think the Biteller rewards platform could become a lucrative tool for the sportbetting 'trading' community Grin

-  Many crypto gambling partners pay commissions to Biteller based on a portion of the house edge and regardless of whether the player wins or loses the wager.  Enterprising Biteller users have been utilizing the rewards to reduce the house edge at these partner sites Smiley  We will be publishing some blog articles with the ability for users to reduce the house edge using the Biteller rewards platform .. stay tuned for that!

And here is a quick description of how the system works:

https://biteller.com/help/how-it-works

We would love to hear from you regarding any other comments, ideas and suggestions Smiley

Thanks in advance!

The Biteller Team

Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!