Provable, Honestly Verifiable, Anonymous, Bitcoin Betting Exchange

[BitcoinBetting]

We've been working on a whole new idea for Bitcoin Betting and today we want to announce that we are open for BETA!  

So what's different about us?
Well, we've noticed a couple problems with the way betting websites and services are running these days and we think things can be done better.
Put simply, we offer the worlds only anonymous, auditable and fully automatic Bitcoin Betting Exchange:

https://bitcoin-betting.herokuapp.com/
https://i.imgur.com/Eh0doEz.png

So, what are the problems with the current websites and what do we offer?

• Well, firstly, many websites require you to create an account or give personal information (such as an email address) before you can start betting. But that means that the types of games you play and events you bet on can be tracked. What's more, if the website is not secure, or does not run over an encrypted connection (like https), people can so easily track the types of bets that you are placing, or steal your passwords, making you vulnerable! We don't do any of this. Instead bets can be placed anonymously, without ever having to create an account or give us any personal information. What's more we run over https meaning your communication with us is encrypted, so people can't track you.
• Secondly many websites these days require you to deposit and withdraw funds before betting, meaning you have to trust them with your money for much longer, and so there is a greater chance that if something goes wrong, your money could be taken! We don't do this. You only pay when you are placing a bet, and when the event/game is over, your winnings are paid directly into a Bitcoin account of your choosing! No need to deposit or withdraw.
• Thirdly, websites don't give you any way to prove your bets to the rest of the world. If the website acts dishonestly, refuses to pay or scams you, you have no way to verifiably and concretely prove it to the world. Sure, you might have an email from them for your bet or a screenshot, but emails can so easily be forged and screenshots photo-shopped. Meaning if you try to go online and claim that a website scammed you or paid you the wrong amount, people don't know who to believe, maybe you are lying, or maybe the website is lying? What we do is give you a concrete proof of bet before you pay (using provable properties in the Bitcoin Blockchain), meaning that you can verifiably prove your bet! What's more we also embed the result of all bets into the blockchain, so that there is no way we can lie or scam you and get away with it. All bets are 100% verifiable! You can prove it!
• And finally, many websites don't give enough consideration and attention to their security. Even if everything is working fine now, many of these websites are vulnerable to attack, and so private keys and funds might be stolen at any moment. We have designed our website to be secure, and paid close attention to that we store private keys and money. We have implemented an encrypted, decentralized and private key store that has been designed to never expose the private keys. In fact, we are currently working with security teams and hackers right now to make sure our site is solid and safe.

So, what does all this mean?
This means you can go online now and start playing around with our website. But there are a couple stipulations:

• We are currently operating in BETA and at the moment  are only running on the Bitcoin Testnet (this probably makes you sad, , we know). But we have decided to do this for several reasons. First we want to figure out what you guys want! What sports should we add, what do you think we should change, what features would you like, what do you think is good, what do you think is bad? We want to hear anything you might think is important! Comment below, send us an email (bitcoin.betting.exchange@gmail.com), or catch us on twitter (https://twitter.com/bitcoin_betting). We have decided to open in BETA first because we want to make sure everything is running correctly first. We want to be the best, highest paying, most reliable and safest betting website in the world (big aims, we know )
• The number of sports we offer are low at the moment. But no problem, but tell us what we should add and it'll be there!
• We are also planning on moving our website to a bigger server, to make things faster and better for you, and might even move to a better website address (have any suggestions? )

Challenges for you:

• Head on over to our website and start having a play around. Let us know what you think. We'd love to hear from you. What features do you want? What sports should we add? What isn't clear? What new games should provide?
• Maybe you are interested in trying to hack our website? If so, send us an email (we'd love that). But let us know first, we don't want you getting in trouble! Also we will provide you with some hints and tips that might make it easier! There's a reward waiting!  
• If you want to know more about how our proofs work, head on over to the site, and click the proof links on the bet pages. If you want to do more reading, check out the "How it Works" page. If none of these help, just contact us and we'll be happy to help!

How do you get started?
Well, it's free! First, simply get yourself a Bitcoin Testnet Wallet (there are loads of apps and websites available online), grab some free Test Bitcoin through various faucets online, and head on over to: https://bitcoin-betting.herokuapp.com/

All comments and questions are welcome (it's our first time here, so please, be nice)!   (Also moderators, if we've done anything wrong, please let us know! - we don't want to break the rules!)

[jeannemadrigal2]

The site looks good.  I would add these sports:

Boxing, MMA (ufc), all major american sports such as basketball, american college football, international soccer, major judo tournaments, horse racing, and political elections for starters.  Best of luck to you

[ticoti]

The site looks really good with that design but I need soccer !

[BitcoinBetting]

Thanks for your comments guys, new sports should be up by the end of the day! Will announce when!

[dominicg]

the site looks good. i want to try your site but why there is sub domain? that looks fishy

[twister]

Site looks promising but you need to add a lot of sports, just take a look at some of the famous sportsbooks like Directbet.eu, Nitrogensports.eu and add the sports that they're offering at their sites.

I have never used a testnet wallet, so I have to figure out how to test your site with that and will let you know afterwards how it went, if I am able to i.e.

[Slark]

the site looks good. i want to try your site but why there is sub domain? that looks fishy

You are right. Site name is not that impressive. Additionally I wanted to test it and it opened after a minute or so, what is with that slow speed? Is it only me?
I find idea of fully Anonymous betting very appealing but I am disappointed with range of sports you can select: American football, Tennis and Handball are not exactly my cup of tea.

[jeannemadrigal2]

the site looks good. i want to try your site but why there is sub domain? that looks fishy

You are right. Site name is not that impressive. Additionally I wanted to test it and it opened after a minute or so, what is with that slow speed? Is it only me?
I find idea of fully Anonymous betting very appealing but I am disappointed with range of sports you can select: American football, Tennis and Handball are not exactly my cup of tea.

I am glad that I am not the only one who found the handball sport a little odd.  Maybe it is really popular somewhere?  Is it like table tennis, or more like that game we used to play at school?  We called it handball.  You hit a bouncy ball at the wall and the other person had to return it.  I think it would make an awesome Olympic sport.

[BitcoinBetting]

Hi everyone, thanks for your feedback! All of these comments are really useful! We are currently working on adding the sports you've requested. We are also planning to migrate to better servers, and a registered domain name, so thinks run much more smoothly and more elegantly.

the site looks good. i want to try your site but why there is sub domain? that looks fishy

You are right. Site name is not that impressive. Additionally I wanted to test it and it opened after a minute or so, what is with that slow speed? Is it only me?
I find idea of fully Anonymous betting very appealing but I am disappointed with range of sports you can select: American football, Tennis and Handball are not exactly my cup of tea.

And Slark, we don't know why it was so slow for you? Everything seems to be running fine on our end.. We are constantly working on it though (making changes and running security scanners), so you may have been unlucky and caught it at the wrong time. If it is still slow for you, let us know.

Will keep everyone posted Thanks again!!

[boopy265420]

I just visited you site for me it is working without any problem of slow speed.Design and layout is very attractive but the name of site plus domain link doesn't look professional at all.It gives impression that this site is running on some free host if you want to succeed then come with proper url-link.

[crytoboost]

i would like to see betting option for cricket as now NatWest t20 Blast, 2015  and many other cricket event there.

[BitcoinBetting]

Some new sports are up, will be adding a few more in the coming days (e.g., soccer + mma!)

[LFC_Bitcoin]

Site looks cool, I do like the feature of anonymous betting, correct me if I'm wrong but you're now the only sports bookies that does this (re: bitcoin).
You need to make your site soccer/football dominated imo, that's nothing to do with it being my favourite sport to bet on  Just I think soccer attracts the most bets.
I saw a stat somewhere that sports wise soccer receives the most money gambled per year.

[BitcoinBetting]

Site looks cool, I do like the feature of anonymous betting, correct me if I'm wrong but you're now the only sports bookies that does this (re: bitcoin).
You need to make your site soccer/football dominated imo, that's nothing to do with it being my favourite sport to bet on  Just I think soccer attracts the most bets.
I saw a stat somewhere that sports wise soccer receives the most money gambled per year.

Thanks for the advice LFC_Bitcoin. We are now working on getting Soccer up too, finally! The majority of the sports have now been added! Enjoy!