[ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties

[klixion]

can anyone explain what those odds numbers mean? what's -450 or +700?

If you bet on Mcgregor and he wins.  You'll get 4.5 wagerrs for every 1 wagerr you bet with.  If you bet on Mayweather and he wins.  You'll get 1 wagerr for every 7 wagerrs you bet with. 

[SoyLaCasa]

hahaha legit?

Have you seen their new announcement, where they proudly say they take bets on "the fight of the century"?

have you seen the odds they offer?

At the moment:

McGregor +450, which means you get $5.50 for every $1 you bet.

Mayweather -700, which means you get $1.14 for every $1 you bet.

The house juice is already 6% with these shitty odds, and they even want to charge you extra 2% for what they call "head to head" (8% total fee), as they say, and I quote "The standard Head-to-Head fee applies (2% of the payout)."
Isn't 6% juice big enough that you need to charge extra 2%?
Head to head against who? Head to head means I should offer whatever odds I believe are fair and wait for someone to take the other side (or viceversa), not take the odds provided by the bookie. This is NOT head to head.

Where can I see how much money was offered by anyone at any given odds? Wasn't head to head meant for a user to take the complete bet from another user (according to your own whitepaper)? How can I see when I have taken someone's entire bet? Where can I see if my stake will be fully matched? What happens if it's not? What if it's too large or too short? Where can I offer a different, more attractive price for others to take?

Have you seen the user interface for this event? It's absolutely embarrassing to see a company that raised about $20M display something like that. You can make something better with wordpress for free.
You cannot even place a bet intuitively, you need to send money to an address, which changes every time odds change. So what if when I'm sending money the odds are changing? What if my stake is larger than your limit? Who takes the extra risk?

Now let's take the odds of a real bookmaker (pinnacle) that does take large bets (over $60K on mayweather, and you can repeat as many times as you want).

McGregor +526, which means you get $6.26 for every $1 you bet.

Mayweather -667, which means you get $1.15 for every $1 you bet.

Juice is 3% compared to (6+2)% from wagerr. Who on earth would chose to bet with these scammers over a trusted company which doesn't require you to buy their volatile shitty tokens?

Have you seen the odds of a real exchange, such as betfair?
1.18 and 6.6, with over $10M liquidity. How does this even compare to wagerr joke?

How can people be so naive? I cannot believe people still fall for this scam, and even some say this is the future.
This is nothing but a scam. These people are lying in their whitepaper, over and over again.

[wafdawg]

hahaha legit?

Have you seen their new announcement, where they proudly say they take bets on "the fight of the century"?

have you seen the odds they offer?

At the moment:

McGregor +450, which means you get $5.50 for every $1 you bet.

Mayweather -700, which means you get $1.14 for every $1 you bet.

The house juice is already 6% with these shitty odds, and they even want to charge you extra 2% for what they call "head to head" (8% total fee), as they say, and I quote "The standard Head-to-Head fee applies (2% of the payout)."
Isn't 6% juice big enough that you need to charge extra 2%?
Head to head against who? Head to head means I should offer whatever odds I believe are fair and wait for someone to take the other side (or viceversa), not take the odds provided by the bookie. This is NOT head to head.

Where can I see how much money was offered by anyone at any given odds? Wasn't head to head meant for a user to take the complete bet from another user (according to your own whitepaper)? How can I see when I have taken someone's entire bet? Where can I see if my stake will be fully matched? What happens if it's not? What if it's too large or too short? Where can I offer a different, more attractive price for others to take?

Have you seen the user interface for this event? It's absolutely embarrassing to see a company that raised about $20M display something like that. You can make something better with wordpress for free.
You cannot even place a bet intuitively, you need to send money to an address, which changes every time odds change. So what if when I'm sending money the odds are changing? What if my stake is larger than your limit? Who takes the extra risk?

Now let's take the odds of a real bookmaker (pinnacle) that does take large bets (over $60K on mayweather, and you can repeat as many times as you want).

McGregor +526, which means you get $6.26 for every $1 you bet.

Mayweather -667, which means you get $1.15 for every $1 you bet.

Juice is 3% compared to (6+2)% from wagerr. Who on earth would chose to bet with these scammers over a trusted company which doesn't require you to buy their volatile shitty tokens?

Have you seen the odds of a real exchange, such as betfair?
1.18 and 6.6, with over $10M liquidity. How does this even compare to wagerr joke?

You clearly are not a gambler because everyone and their mother would be betting Mayweather with the dollar amounts you wrote.  If Mayweather is -667 then you have to wager 667 to win 100.  Clown.

[SoyLaCasa]

hahaha legit?

Have you seen their new announcement, where they proudly say they take bets on "the fight of the century"?

have you seen the odds they offer?

At the moment:

McGregor +450, which means you get $5.50 for every $1 you bet.

Mayweather -700, which means you get $1.14 for every $1 you bet.

The house juice is already 6% with these shitty odds, and they even want to charge you extra 2% for what they call "head to head" (8% total fee), as they say, and I quote "The standard Head-to-Head fee applies (2% of the payout)."
Isn't 6% juice big enough that you need to charge extra 2%?
Head to head against who? Head to head means I should offer whatever odds I believe are fair and wait for someone to take the other side (or viceversa), not take the odds provided by the bookie. This is NOT head to head.

Where can I see how much money was offered by anyone at any given odds? Wasn't head to head meant for a user to take the complete bet from another user (according to your own whitepaper)? How can I see when I have taken someone's entire bet? Where can I see if my stake will be fully matched? What happens if it's not? What if it's too large or too short? Where can I offer a different, more attractive price for others to take?

Have you seen the user interface for this event? It's absolutely embarrassing to see a company that raised about $20M display something like that. You can make something better with wordpress for free.
You cannot even place a bet intuitively, you need to send money to an address, which changes every time odds change. So what if when I'm sending money the odds are changing? What if my stake is larger than your limit? Who takes the extra risk?

Now let's take the odds of a real bookmaker (pinnacle) that does take large bets (over $60K on mayweather, and you can repeat as many times as you want).

McGregor +526, which means you get $6.26 for every $1 you bet.

Mayweather -667, which means you get $1.15 for every $1 you bet.

Juice is 3% compared to (6+2)% from wagerr. Who on earth would chose to bet with these scammers over a trusted company which doesn't require you to buy their volatile shitty tokens?

Have you seen the odds of a real exchange, such as betfair?
1.18 and 6.6, with over $10M liquidity. How does this even compare to wagerr joke?

You clearly are not a gambler because everyone and their mother would be betting Mayweather with the dollar amounts you wrote.  If Mayweather is -667 then you have to wager 667 to win 100.  Clown.

I shouldn't even be answering someone so stupid like you.
Nobody is talking who you should bet on, that's up to you to decide (although you personally don't seem clever enough to decide).

-667 is better odds than -700, you smart guy
As well as +526 is better than +450.

but hey, feel free to throw your money at worse odds, you clearly have no clue about this.

[klixion]

hahaha legit?

Have you seen their new announcement, where they proudly say they take bets on "the fight of the century"?

have you seen the odds they offer?

At the moment:

McGregor +450, which means you get $5.50 for every $1 you bet.

Mayweather -700, which means you get $1.14 for every $1 you bet.

The house juice is already 6% with these shitty odds, and they even want to charge you extra 2% for what they call "head to head" (8% total fee), as they say, and I quote "The standard Head-to-Head fee applies (2% of the payout)."
Isn't 6% juice big enough that you need to charge extra 2%?
Head to head against who? Head to head means I should offer whatever odds I believe are fair and wait for someone to take the other side (or viceversa), not take the odds provided by the bookie. This is NOT head to head.

Where can I see how much money was offered by anyone at any given odds? Wasn't head to head meant for a user to take the complete bet from another user (according to your own whitepaper)? How can I see when I have taken someone's entire bet? Where can I see if my stake will be fully matched? What happens if it's not? What if it's too large or too short? Where can I offer a different, more attractive price for others to take?

Have you seen the user interface for this event? It's absolutely embarrassing to see a company that raised about $20M display something like that. You can make something better with wordpress for free.
You cannot even place a bet intuitively, you need to send money to an address, which changes every time odds change. So what if when I'm sending money the odds are changing? What if my stake is larger than your limit? Who takes the extra risk?

Now let's take the odds of a real bookmaker (pinnacle) that does take large bets (over $60K on mayweather, and you can repeat as many times as you want).

McGregor +526, which means you get $6.26 for every $1 you bet.

Mayweather -667, which means you get $1.15 for every $1 you bet.

Juice is 3% compared to (6+2)% from wagerr. Who on earth would chose to bet with these scammers over a trusted company which doesn't require you to buy their volatile shitty tokens?

Have you seen the odds of a real exchange, such as betfair?
1.18 and 6.6, with over $10M liquidity. How does this even compare to wagerr joke?

It depends on which sportsbook you use.  Odds for Mcgregor is anywhere from +400 to +550 and for Mayweather -600 to -900.  
http://www.oddsshark.com/boxing/odds

[wafdawg]

Mayweather -667, which means you get $1.15 for every $1 you bet.

No dick you don't get $1.15 for every $1 you bet if Mayweather is -667. 

[klixion]

Mayweather -667, which means you get $1.15 for every $1 you bet.

No dick you don't get $1.15 for every $1 you bet if Mayweather is -667. 

He's including the original $1 bet which is confusing for some.  You're really only "winning" 15 cents. 

[SoyLaCasa]

Mayweather -667, which means you get $1.15 for every $1 you bet.

No dick you don't get $1.15 for every $1 you bet if Mayweather is -667.  

I'll help you with the math, as I see you are struggling.

If you have $1 and decide to place a bet for Mayweather to beat McGregor, at odds of -667 (equivalent to 1.15 in decimal odds).

If Mayweather beats mcgregor, you will get $1.15 (1$ was your original stake, and $0.15 is your profit, and 1 + 0.15 = 1.15)

You are welcome

It depends on which sportsbook you use.  Odds for Mcgregor is anywhere from +400 to +550 and for Mayweather -600 to -900.  
http://www.oddsshark.com/boxing/odds

Fair enough. Why would you chose a lower payout over a higher one?
What's the edge that wagerr provides for you or anyone else to bet on their site and earn significantly less than on any other trusted bookie with higher odds (and no obscure fees, and clear stake limits, and friendly user interface, and so on)?

[stupid_seb]

Mayweather -667, which means you get $1.15 for every $1 you bet.

No dick you don't get $1.15 for every $1 you bet if Mayweather is -667. 

He's including the original $1 bet which is confusing for some.  You're really only "winning" 15 cents. 

Makes more sense!
One bet reward should be <$1 in return.

[Bigbobbasher]

Wagerr email was huge!! Obviously im taking mayweather!! This is going to be awesome!!

[klixion]

Mayweather -667, which means you get $1.15 for every $1 you bet.

No dick you don't get $1.15 for every $1 you bet if Mayweather is -667.  

I'll help you with the math, as I see you are struggling.

If you have $1 and decide to place a bet for Mayweather to beat McGregor, at odds of -667 (equivalent to 1.15 in decimal odds).

If Mayweather beats mcgregor, you will get $1.15 (1$ was your original stake, and $0.15 is your profit, and 1 + 0.15 = 1.15)

You are welcome

It depends on which sportsbook you use.  Odds for Mcgregor is anywhere from +400 to +550 and for Mayweather -600 to -900.  
http://www.oddsshark.com/boxing/odds

Fair enough. Why would you chose a lower payout over a higher one?
What's the edge that wagerr provides for you or anyone else to bet on their site and earn significantly less than on any other trusted bookie with higher odds (and no obscure fees, and clear stake limits, and friendly user interface, and so on)?

Convenience.  No want wants to have to sign up at a new sportsbook just for a little better odds.  You might end up with 20 different accounts.  It's a pain and getting your deposits in could take days.  Wagerr is pretty much instant.  If you need more Wagerr just purchase them in DEX.  

[SoyLaCasa]

Mayweather -667, which means you get $1.15 for every $1 you bet.

No dick you don't get $1.15 for every $1 you bet if Mayweather is -667.  

I'll help you with the math, as I see you are struggling.

If you have $1 and decide to place a bet for Mayweather to beat McGregor, at odds of -667 (equivalent to 1.15 in decimal odds).

If Mayweather beats mcgregor, you will get $1.15 (1$ was your original stake, and $0.15 is your profit, and 1 + 0.15 = 1.15)

You are welcome

It depends on which sportsbook you use.  Odds for Mcgregor is anywhere from +400 to +550 and for Mayweather -600 to -900.  
http://www.oddsshark.com/boxing/odds

Fair enough. Why would you chose a lower payout over a higher one?
What's the edge that wagerr provides for you or anyone else to bet on their site and earn significantly less than on any other trusted bookie with higher odds (and no obscure fees, and clear stake limits, and friendly user interface, and so on)?

Convenience.  No want wants to have to sign up at a new sportsbook just for a little better odds.  You might end up with 20 different accounts.  It's a pain and getting your deposits in could take days.  Wagerr is pretty much instant.  If you need more Wagerr just purchase them in DEX.  

If we are talking about convenience for general public (aka average joe), it's much easier and faster to deposit through credit/debit card at a user friendly website, which is instant and no fees, rather than having to create an account at an exchange (which usually requires KYC process) to purchase bitcoin, then purchase wagerr with your bitcoin, then move it from exchange to wallet (with all the fees and volatility risks this implies), and then send it to another wallet to place the bet.

Even for me, having both crypto and fiat, it's still cheaper and more convenient to bet with USD/EUR/BTC rather than this kind of obscure crypto tokens.

Even for you or anyone else who uses crypto, it is far more convenient to deposit and bet on BTC bookies (there are many out there with real competitive odds and no need to go through KYC), rather than incurring in the risk of a new token, and the fees attached to using it.

[c0in_junkie]

There are any plans wagerr gets listed on other exchanges or we have to wait Q4 when mainnet release?

[$dakini]

There are any plans wagerr gets listed on other exchanges or we have to wait Q4 when mainnet release?

Would it be possible to sell the WAVES' child token in any exchanges yet? I havent see any exchanges other than tidex. With the mainnet release in Q4 will there be a separate coin/token for WAGER independent of WAVES?

[klixion]

Mayweather -667, which means you get $1.15 for every $1 you bet.

No dick you don't get $1.15 for every $1 you bet if Mayweather is -667.  

I'll help you with the math, as I see you are struggling.

If you have $1 and decide to place a bet for Mayweather to beat McGregor, at odds of -667 (equivalent to 1.15 in decimal odds).

If Mayweather beats mcgregor, you will get $1.15 (1$ was your original stake, and $0.15 is your profit, and 1 + 0.15 = 1.15)

You are welcome

It depends on which sportsbook you use.  Odds for Mcgregor is anywhere from +400 to +550 and for Mayweather -600 to -900.  
http://www.oddsshark.com/boxing/odds

Fair enough. Why would you chose a lower payout over a higher one?
What's the edge that wagerr provides for you or anyone else to bet on their site and earn significantly less than on any other trusted bookie with higher odds (and no obscure fees, and clear stake limits, and friendly user interface, and so on)?

Convenience.  No want wants to have to sign up at a new sportsbook just for a little better odds.  You might end up with 20 different accounts.  It's a pain and getting your deposits in could take days.  Wagerr is pretty much instant.  If you need more Wagerr just purchase them in DEX.  

If we are talking about convenience for general public (aka average joe), it's much easier and faster to deposit through credit/debit card at a user friendly website, which is instant and no fees, rather than having to create an account at an exchange (which usually requires KYC process) to purchase bitcoin, then purchase wagerr with your bitcoin, then move it from exchange to wallet (with all the fees and volatility risks this implies), and then send it to another wallet to place the bet.

Even for me, having both crypto and fiat, it's still cheaper and more convenient to bet with USD/EUR/BTC rather than this kind of obscure crypto tokens.

Even for you or anyone else who uses crypto, it is far more convenient to deposit and bet on BTC bookies (there are many out there with real competitive odds and no need to go through KYC), rather than incurring in the risk of a new token, and the fees attached to using it.

Not all credit cards will allow transactions on gambling sites.  Anyways, this debate of what's better or not can go on forever.  We all know you're not here to support the Wagerr project since all your posts have been to shit on WGR.  

[klixion]

There are any plans wagerr gets listed on other exchanges or we have to wait Q4 when mainnet release?

Would it be possible to sell the WAVES' child token in any exchanges yet? I havent see any exchanges other than tidex. With the mainnet release in Q4 will there be a separate coin/token for WAGER independent of WAVES?

You can always "try" to sell them in DEX.  If there's a buyer or not that's another question. 

[FlavCoin]

Great news, a serious first attempt for Wagerr to demonstrate ....

[Munz77]

Mayweather -667, which means you get $1.15 for every $1 you bet.

No dick you don't get $1.15 for every $1 you bet if Mayweather is -667.  

I'll help you with the math, as I see you are struggling.

If you have $1 and decide to place a bet for Mayweather to beat McGregor, at odds of -667 (equivalent to 1.15 in decimal odds).

If Mayweather beats mcgregor, you will get $1.15 (1$ was your original stake, and $0.15 is your profit, and 1 + 0.15 = 1.15)

You are welcome

It depends on which sportsbook you use.  Odds for Mcgregor is anywhere from +400 to +550 and for Mayweather -600 to -900.  
http://www.oddsshark.com/boxing/odds

Fair enough. Why would you chose a lower payout over a higher one?
What's the edge that wagerr provides for you or anyone else to bet on their site and earn significantly less than on any other trusted bookie with higher odds (and no obscure fees, and clear stake limits, and friendly user interface, and so on)?

Convenience.  No want wants to have to sign up at a new sportsbook just for a little better odds.  You might end up with 20 different accounts.  It's a pain and getting your deposits in could take days.  Wagerr is pretty much instant.  If you need more Wagerr just purchase them in DEX.  

If we are talking about convenience for general public (aka average joe), it's much easier and faster to deposit through credit/debit card at a user friendly website, which is instant and no fees, rather than having to create an account at an exchange (which usually requires KYC process) to purchase bitcoin, then purchase wagerr with your bitcoin, then move it from exchange to wallet (with all the fees and volatility risks this implies), and then send it to another wallet to place the bet.

Even for me, having both crypto and fiat, it's still cheaper and more convenient to bet with USD/EUR/BTC rather than this kind of obscure crypto tokens.

Even for you or anyone else who uses crypto, it is far more convenient to deposit and bet on BTC bookies (there are many out there with real competitive odds and no need to go through KYC), rather than incurring in the risk of a new token, and the fees attached to using it.

In 1994 I'm sure a lot of people were saying the same thing about the internet: Its much easier to take your cash down to the local bookie than to go buy a computer, set up TCP etc etc

Your either a supporter of the very early days of crypto, or not. If not, why are you on here? Go use your fiat and be done with it.

[stupid_seb]

Great news, a serious first attempt for Wagerr to demonstrate ....

Yes but... even if I love the idea, this 1st attempt is done is a pretty stupid way... almost amateurish in terms of Customer Aquisition and Marketing.

WGR raised a heck-ton of money with the ICO, and now they propose bets which costs are way above the market.
If they want to do it right, they should accept to make less cash, even to burn some (albeit I do not see the increase in opex for this event) and propose fees that are LOWER than the market. The buzz will speak by itself.

Good idea, badly done. Disappointing, but still a good news in the end: betting gets real!

[Bigbobbasher]

Great news, a serious first attempt for Wagerr to demonstrate ....

Yes but... even if I love the idea, this 1st attempt is done is a pretty stupid way... almost amateurish in terms of Customer Aquisition and Marketing.

WGR raised a heck-ton of money with the ICO, and now they propose bets which costs are way above the market.
If they want to do it right, they should accept to make less cash, even to burn some (albeit I do not see the increase in opex for this event) and propose fees that are LOWER than the market. The buzz will speak by itself.

Good idea, badly done. Disappointing, but still a good news in the end: betting gets real!

Agree. Im glad to be able bet with wagerr, but this does seem a little rushed!