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1  Economy / Gambling / Re: ★BetBTC★ Sportsbook & Casino | Bitcoin Sports Betting | Since 2014 | 100% Bonus on: November 08, 2019, 02:46:42 PM
hi guys

I use your site a lot as I like how simple it is, its very easy to navigate

but your range of markets is quite low, where are you getting your odds feed from?!
2  Economy / Gambling discussion / Re: How people fund their Sportsbooks on: August 20, 2019, 04:17:58 PM
Some insightful points here by all. Trust seems to be the recurring factor, I guess the landscape and the sheer number of failed ICOs contributes to this and a lack of accountability on those that are raising the capital (they can take the money and essentially never be seen again)

Whilst volatility of any cryptocurrency is a factor, a new unproven token would be more of a risk too. So certainly going down the private route seems to be the most sensible choice.

I do wonder though if there is a way in which a sportsbook could gain private funding but also enable the platforms users to buy a part of the house bankroll for a certain time period with (expected) profits paid out in a major crypto as oppose to a 'token'. This in my eyes would be a great way to use a proven crypto currency to engage the users and get them to essentially help to market the product themselves. Maybe similar to what you were saying @DarkDays
3  Economy / Gambling discussion / Re: How people fund their Sportsbooks on: August 20, 2019, 10:57:38 AM
I personally prefer privately funded sportsbooks that provide players the opportunity to invest in the bankroll. I'm not really a fan of sportsbooks or other casinos that are forced to raise funds by providing some sort of token, since they almost invariably fail to live up to the expectation of the investors. With that said, I'd like to see a sportsbook that offers investors improved odds and a few other features in exchange for part-funding.

That's the impression I get also. It seems that a lot of these token based Sportsbooks I see have all these glossy whitepapers but when I have checked to see their progress in a lot cases they have overpromised and underdelivered with their product. Not to generalise but I sense a lot of people seem to have been proverbially sold down the river in this way
4  Economy / Gambling discussion / How people fund their Sportsbooks on: August 20, 2019, 10:45:50 AM
Hey guys.

Keen to get the thoughts of the community on the following and hopefully this may open an interesting discussion. I have many years of experience within the fiat gambling industry in terms of designing and managing sportsbooks but have little crypto experience. From what I can see there seems to be a split in terms of the type of operators in the market.

•   Traditional sportsbooks (usually BTC focused) that are predominantly self-funded or with private investment and offer customers the chance to bet with a wide range of the major cryptos available
•   Sportsbooks that launch their own ‘token’ which can be traded on an exchange, and used to raise initial funding for development/marketing/bankroll. I am guessing a lot of companies like to do this as their risk is limited and also gives a chance to get capital appreciation on the tokens also

Are there any legal implications for going down one route vs another (i.e. do Sportsbooks go down the token route because it enables them to trade in more jurisdictions given customers are betting with a ‘utility token’ versus a cryptocurrency coin?)

Which route do you prefer as an investor or customer?
5  Economy / Investor-based games / Re: CryptoCasino - New Project Seeking Investors / 10% Profit Share Quarterly on: August 20, 2019, 10:04:52 AM
Hey guys, out of interest why do some crypo gambling companies adopt the model of producing their own 'coin' rather than just allowing people to directly bet with any of the major coins? I understand they are hoping the coin will appreciate over time, and some may use it to raise funds at beginning to fund bankroll etc, but are there any other benefits vs just a normal sportsbook that allows you to bet with the major cryptos? Seems there is a split between sportsbooks that do one or the other. Apologies if I am on the wrong thread for this.
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