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And now I can't even access the site, getting this: 502 Bad Gateway. Thay blocked me right after my registration.  I'm not mad. This is funny actually. Maybe there are too many hackers in the area where I live, so they have to block the whole area. Anyway, I think I will try to bet on Oscars next year. Thanks for your help though. Ah man, sorry to hear that! You really exhausted like every SINGLE option, haha. Next year! |
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Most bookmakers wait for Pinnacle to open their lines. Once Pinnacle have opened their lines, the sharpest punters will correct the wrong prices by betting on them (it usually takes a few minutes only, they are "professionals" after all). Once the lines are corrected to a more accurate prices, the rest of the industry will open the lines at a similar price to Pinnacle (but adding a bigger margin).
The only bookmakers I know which open the lines before Pinnacle, are Marathonbet and 1xbet, they offer crazy value early on but will limit your accounts very quickly if you win (Marathonbet do pay the winners though, but I would never recommend 1xbet, they will do their best not to pay you, absolutely not to be trusted).
Didn't realize that other sportsbooks waited for Pinnacle to open their lines. Makes sense now as I always hear about other people comparing/modeling their data in regards to Pinnacle's lines -> they must have some of the most accurate ones overall. Thanks for sharing. And that picture you showed, lol. Yeah, people are all over those lines within MINUTES. |
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Absolutely!
Preliminary thoughts are reduced rake, a focus on larger % of players winning, single entry tournaments and a social live chat. A few different bonus types, referral bonus, exclusive freerolls to early adopters/ for special events etc.
We are also considering offering incentive to early adopters in the form of dividend payouts, or an opportunity to buy in to part of the company. This will be done to gauge interest and would take a crowdfunding approach, using either a smart contract or escrow service. The thinking is if the user base has a vested interest, they would be willing to spread the word to friends etc.
Ideally, we just want to offer a great product, with a focus on transparency.
Thanks for sharing. I think you highlighted some pretty good points. A social live chat would definitely be fun to root for (or against) other people's lineups. I think FanDuel or Draftkings offered it a LOONG time ago, not sure why they discontinued it. Sports, DFS, betting all are experiences that are enhanced by sharing it with others, especially in real-time. Please keep us posted. Sounds great! |
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Unless you get very lucky with the faucet, most people aren't getting lots of satoshi's from that avenue. Saving up RP to buy RP boosters and subsequently "Free BTC Bonus" boosters though...
...now that's a different story.
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So, the question remains open for me. Where can I bet on Oscars 2018 with BTC?
Hm, so Bovada/Nitrogen don't work for you and you don't trust BetOnline. Consider 5Dimes (use bitcoin only, they've had issues with CC fraud in the past), Bookmaker, Heritage, Intertops, MyBookie, Sportsbook, BetDSI, and TopBet. Someone mentioned that list to me and I think they all have the Oscars. 5Dimes, Bookmaker, Heritage are probably your best options. @bbc.reporter - Nitrogen Sports actually doesn't allow bettors from certain countries. I think the list is always changing, but it is something like Russia, Ukraine, Costa Rica, Brazil, UK and Greece. |
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@reactorjuno - thanks for sharing that article. Yeah, betting the closing line in a consistent and significant fashion really isn't that easy to do, haha. Guess that's why most bettors are - ROI over the long-term.
@BoltBrownie - sounds like you are pretty good at live betting. Unfortunately, that really is one of my greatest weaknesses. Any particular strategies you use when betting live that you care to share?
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To flip it around, how about you tell us what YOU are considering? Then we can share out thoughts on that, |
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I've found this thread because I was looking for where can I bet on the Oscars, but ufortunately I can't access nitrogensports from where I live.
Since for some reasons I don't like using VPN, I want to ask you guys where else can I bet on the Oscars?
Bovada, Betonline are a few others that have Academy Awards props that also take bitcoin. Not sure about location restrictions based on where you are though... |
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Hm, interesting thoughts here. Some people like (Bolt Brownie) adjust it on a per time basis roughly (like a month) and is more conservative about increasing his/her bet size secondary to a bankroll (BR) increase while more liberal in decreasing his wager in response to a decreasing BR. I like it.
Yeah, personally I think 10% is a bit much to be wagering on any event, unless maybe it's like the "lock of the century" (and even still, I had those lose before, haha). But it's up to each bettors preference, right?
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Very bad idea.
Value is easier to be found when betting EARLY, simply because less bets have been placed, and therefore the odds are still not close to real probabilities of the different outcomes.
Pinnacle allows VERY HIGH STAKES close to the start of an event for a reason: because they know the lines are very close to the real probabilities of the different possible outcomes, therefore they will make money thanks to the margin applied on each odds.
When I was betting at Pinnacle, I found great value when they open the odds, especially in Davis Cup (tennis) and I remember they allowed me only 400 EUR stakes for one bet, not more until the odds dropped. Actually I could make the odds move by myself just with a bet of 400 EUR. It of course does not happen (on big markets) close to the start of an event.
It's extremely difficult to find a value bet close to the start of the event.
PS: Live betting is only recommended at Betfair Exchange, everywhere else they increase the margin on odds, which makes it impossible to get value.
To be honest, I think ReactorJuno hit the nail on the head. While ROI is probably the most effective marker of a bettor's long-term success, something that is often overlooked in our results-oriented mindset is that successful bettors in general CONSISTENTLY beat the closing odds, and that is something you can only do when you bet early. By the time the game starts, the closing line is the most ACCURATE line (factoring in lineups/injuries, volume and amount of bets from all others, etc), but if you can beat that line consistently, that is a good sign. You won't ALWAYS beat it and sometimes you may unfortunately lock in a worse line (e.g. you take HOU -5.5 in NBA early on and then Harden randomly gets ruled out so it closes at HOU -2.5), but if with your modeling/knowledge of a particular sport you can identify which lines have value and bet them before they shift to the closing line, that is the mark of a long-term successful bettor. I'm really not a strong math/stats person, but someone referenced me these articles from Pinnacle that I find pretty informative, hope you do as well: https://www.pinnacle.com/en/betting-articles/Betting-Strategy/what-distinguishes-winning-from-losing-players/6BT2G5BMD43MYSKThttps://www.pinnacle.com/en/betting-articles/educational/beating-closing-line-profit-expectation/Y3U2RWVK4HCW76XU |
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Glad to have you join the discussion! I enjoy hearing others' thoughts especially when it comes to growing my bankroll more effectively.
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Hopefully with our communal effort, it can return to that time soon. Thanks for sharing.
I agree, consolidation of threads would be nice (guessing it's the mods that do that?). Like in the "Beginners & Help" thread, maybe there can be a sticked post at top for newbies to introduce themselves if they wish. Seems like a lot of the posts recently in that thread are just that.
I think it's a shared responsibility with users though to at least do an honest search to see if a topic that is relatively recent already exists before creating a new one. Or reading the stickied posts at the top first before doing anything. They are stickied for a reason.
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I don't think you quite understnd the purpose of this forum. I'm here to learn about Bitcoin, and to talk about it. I don't work for Bitcoin Talk, but I would like to see the board go back to being a useful asset for Bitcoin. I'm not going to spend time trying to teach people how to rank up sso that they can spam the boards with a load of spammy promotions that clutter the board. If I give merit, it's because I've seen a post that I feel is helping to rebuild Bitcoin Talk.
btw. I put you on ignore for disrespect.
Have been lurking and participating at Bitcoin Talk for less than a year, tell us more about the golden days of this forum. Hard to imagine it without the "spammy promotions" to be quite honest, though that'd be quite nice... A member here introduced me to "The Safelist" and "The Badlist" on badbitcoin.org as a useful resource in differentiating between credible and scammy crypto sites. Yes, Bitcoin Talk is on the former and not the latter, but I found its description pretty amusing: "Bitcointalk The original bitcoin forum, but be very wary of posting, unless you have a strong constitution, and then only if you really like shedloads of abuse from arrogant halfwits. This is also a favourite haunt of the bitcoin thieves who like to announce their crooked schemes and catch the 'newbies' - Sad but true."   http://badbitcoin.org/safelist/index.htm |
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Thanks for this incentive, enjoyed creating this video regarding an IMPORTANT topic for all Bitcoin users, especially newbies (the importance of double checking those BTC addresses). Hope you find it educational! https://streamable.com/x54l7Open to any and all feedback you have |
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Yeah, the odds really aren't great, but I really consider it almost a 100% lock that he will win it for Best Director so if you can get an opportunity to grow your bankroll by 10% for (in my eyes) a near certain win, it's worth the risk for me, IMO. But I definitely can understand why others may take a pass on it, especially if they don't share my sentiment.
Yeah, I think Baby Driver has some good value over Dunkirk in that category for like 0.5 unit or so.
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Live betting definitely is a whole different beast in itself, definitely.
I personally place wagers as early as possible in hopes of yield closing line value and +EV bets, but that's just my preference.
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I personally use 2% of my bankroll (BR) as 1 unit for me (which I feel is the general standard), though I know others are more conservative and set it at 1% = 1 unit while others are comfortable being riskier in using 5% = 1 unit.
Haven't really seen any threads on this recently and I know BR management is pretty unique to each bettor, but I'm curious when the community here decides to pull the trigger and change your betting size based on your current sports betting BR (as the title says).
I've seen betters say that change should happen anytime your BR increases or decreases by 25%, others go as conservative as requiring a 50% increase while maintaining the 25% decrease rule.
Example: If someone changes their bet size at BR changes of 25% AND 2% = 1 unit for him/her, then starting with a $10,000 BR, this individual would continue treating 1 unit as $200 until the BR was at $12,500 or $7,500, at which point he/she would consider adjusting to the new BR.
Thoughts? The first few bets after a size increase always make me a little nervous, haha.
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For you sports bettors out there, do you prefer to lock in your lines early or closer to the scheduled start time?
Early:
- chance of yielding closing line value (CLV) in locking in a line that beats the market, giving you +EV bets
Late:
- more confidence in lineups, injury situations
I guess it depends on how confident your picks long-term will yield CLV based on whatever model/projections/analysis/tipsters you use. I imagine most casual betters just place their wagers closer to game-time, though they will never yield CLV.
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