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We traded $77,542 in college hoops markets last night. Bring your A game!:)
STE
Bill
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College Hoops Started out with a bang! Lots of offers on the Monday Games . Of course you can put up even better offers and meet another trader in the middle. Bill |
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I think it will take awhile for my concept to sink in here. However, there is a sportsbook charging a 4.55% vig that takes bitcoin exclusively. They are offering -117 on the Ravens in NFL tonight... A -Minus 8.5% .. On the exchange tonight there were trades worth $4,500 at Ravens +104 A plus 2% vig. If youre a serious trader/bettor, its a no brainer to go with the exchange. If a small action bettor with no concern for the math of investing/betting, maybe you stick with that sportsbook. Being a poker guy, I think you get it.
The world is made up of different viewpoints:)
Peace
Bill
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Lets keep each other in the loop. Seems like we have the same goals in mind. I like your site by the way. Hope biz is going well.
Bill
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All bets are in dollars. I guess time will tell on bitcoiners, but the users of the other digital currencies have adapted to it. Again , we are going after serious sports bettors who happen to use bitcoin. Its not really worth it to cater to $5 bettors for us. Our average player has over $1,000 on deposit. We are looking to build a large exchange that is viewed as more than a betting site.
I will listen to all feedback and adjust if there is a need, however. Maybe Im being myopic, but I dont think the 1st and 15th is unreasonable if you are a serious trader/bettor.
I truly appreciate the feedback.
Prosperous Day To You
Bill
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You are correct freemoney. I understand your view on withdrawals, but we dont want to sink massive funds into customer service for withdrawals. Our target market is the active/large trader , a little different than most bitcoin accepting sites. My feeling is we will find our niche. You can get -105 to
-110 on a sportsbook or get +-100 to +107 with us. Also our Binary Options pay out WAY better than the traditional binary option sites.
Lastly, you can get large bets down, contrary to the other bitcoin sports betting sites.
Enjoy,
Bill
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I think a lot of people are jaded by the three things when it comes to using bitcoin as a deposit withdrawal method:
1) Inconvenience - For years they were able to just pull out a credit card and bet
2) Bitcoin Volatility - To go from $30 back to $1 and stabilize a bit at $3 is an issue
3) Past Virtual Currency Issues - E-Gold and GoldPay both failed miserably and were used frequently by US players. Also they were tied to dollars and bitcoin isnt.
I have faith , but there are a lot of challenges to overcome
Bill
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Hi Bill,
Welcome to the community; at first glance, I like the site. Need to know, where are you based?
[/
We are based in Panama |
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I understand you view me as a competitor, so Ill say thanks for the comment. We've been accepting the other currencies listed for quite some time, so its not a hard sell. We are giving bitcoin a try now. When you have four currencies to move around , planned withdrawals work best Bets of luck to you as well.
BTW, we have tons of trades settling at ev or better everyday, but our market makers guarantee liquidity at -15 to -103
You may want to lay off some action with us in the future:). Regards
Bill
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This thread has been started to announce that Sports Trading Exchange is now accepting Bitcoin. Below are a few key points about our operation: Commission-free trading Strong Market-Making Liquidity Financial Binary Options Major US Sports Our Bitcoin system is manual to ensure security Check us out at www.sportstradingexchange.comIll be posting updates on our progress in this thread Bill Casher Director of Communications finance@sportstradingexchange.com |
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Our betting exchange www.sportstradingexchange.com is now accepting bitcoin. We offer commission-free trading in the following markets: NFL NCAA Football MLB NCAA Hoops NCAA Hoops Over / Under Wins for season NBA (when they open) NHL Financial Betting: Dow Gold Google Netflix Oil Apple Bitcoin Prices Check out our markets today! Please whitelist us admin:) Thanks Bill Casher Director of Communications NHL |
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