DirectBet – LIVE Sportsbook & Racebook. Now Accepting Ether !

[DirectBet]

Direct Bet, I don't get this:
After I made a toto bet. After I refreshed the page I saw 'Betting is suspended for this selection or the event is over.'
I already sent my money, but it didn't came through (my wallet didn't sign it yet).
After a minute, I refreshed again, and my bet was confirmed. I thought it would be refunded?

If the message says 'Betting is suspended...' and you transfer a bet, it will most likely get rejected upon arrival, but not necessarily.

For example, it is possible that by the time your transfer is received betting will resume.

When that is the case the message continues by saying "If you already transferred your bet keep refreshing until it is 'Confirmed' or 'Rejected'".

Please PM me the bet ID and I will tell you exactly what happened.

[1714631842]

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[DirectBet]

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UEFA Europa League

[DirectBet]

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Predict the correct score of basketball games and win big !

WNBA 2014

Chicago @ Atlanta

Prize : 190 mBTC Free Bet !

Post your predictions for the correct score in our Basketball Prediction Game thread : https://bitcointalk.org/index.php?topic=721578.0

Good Luck !

[Harib]

I've had more bets rejected by DirectBet than any book I've ever experienced - non-steaming lines which I'm surprised anyone else is betting.
I know they're not all being bet here.

I imagine your line service is taking them from elsewhere and moving them as they're moving elsewhere. I'll guess from Betfair.
But if you're constantly moving on air like that and rejecting bets, you're losing a lot of business.

The book whose lines you're copying took a bet and then moved. You've taken no bet but moved the line anyway.

Perhaps you could consider being a little more lenient on these.

I waste a lot of time sending these, and then checking to make sure they're returned.

I sent you a bet 17 minutes ago, it was rejected, it seems for some reason there are no confirmations yet so it hasn't been sent back yet.

[DirectBet]

I've had more bets rejected by DirectBet than any book I've ever experienced -

Would you please PM me your bet IDs, so that I can look into why they were rejected, advise you how to avoid such rejections in the future and see if there is anything that we can improve on our end ?

Generally, to avoid rejections you should use the Flexible Odds or Negotiate Odds betting option.

Consider this :

Instead of placing a bet at odds of 2 with the "Firm Odds" betting option, you can select "Negotiate Odds" and set the minimum required odds to 2.

Now if by the time your transfer is received the odds changes, then instead of getting a rejection you will have the following 3 options :

1) Cancel and reject the bet (just like the "Firm Odds" does).

2) Accept the new lower odds.

3) Wait for higher odds to become available again.

As you can see, using "Negotiate Odds" is superior to "Firm Odds". There isn't really any advantage or reason to use the "Firm Odds" betting option anymore.

[DirectBet]

Spanish Supercup

Atlético Madrid v Real Madrid

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[Rating Place]

I've had more bets rejected by DirectBet than any book I've ever experienced -

Would you please PM me your bet IDs, so that I can look into why they were rejected, advise you how to avoid such rejections in the future and see if there is anything that we can improve on our end ?

Generally, to avoid rejections you should use the Flexible Odds or Negotiate Odds betting option.

Consider this :

Instead of placing a bet at odds of 2 with the "Firm Odds" betting option, you can select "Negotiate Odds" and set the minimum required odds to 2.

Now if by the time your transfer is received the odds changes, then instead of getting a rejection you will have the following 3 options :

1) Cancel and reject the bet (just like the "Firm Odds" does).

2) Accept the new lower odds.

3) Wait for higher odds to become available again.

As you can see, using "Negotiate Odds" is superior to "Firm Odds". There isn't really any advantage or reason to use the "Firm Odds" betting option anymore.

Using negotiate is the same as making an offer on an exchange with only the book being able to accept it. In essence, playing against a bot that sees the changes in the game quicker than the player.

Personally, I like to make a bet and get instant confirmation/rejection. I don't want to be stuck with a stale line. I'm sure that others don't mind making an offer (negotiate).

[DirectBet]

[Using negotiate is the same as making an offer on an exchange with only the book being able to accept it.

Not exactly. If you use 'Negotiate Odds' and set the minimum odds to the current odds (default), then it's not really negotiating, it is EXACTLY the same as selecting 'Firm Odds', except that you are given more options in case your bet is not confirmed instantly.

These options are :

1) Cancel and reject the bet (just like the "Firm Odds" does).

2) Accept the new lower odds.

3) Wait for higher odds to become available again.

This is also applicable before the start of the game. There isn't really any reason to use the 'Firm Odds' option anymore, that's because if your bet is not confirmed upon arrival you have the option to cancel it immediately which is the exact same behavior of the 'Firm Odds' betting option.

Another usage of the 'Negotiate Odds' option is to set the odds to an unrealistic number. Once again the purpose is not really to negotiate but rather to make a deposit. Then, once your bet is transferred, you can set the minimum odds to the current odds for immediate bet confirmation, similar to the way it works with typical deposit books.

[Rating Place]

[Using negotiate is the same as making an offer on an exchange with only the book being able to accept it.

Not exactly. If you use 'Negotiate Odds' and set the minimum odds to the current odds (default), then it's not really negotiating, it is EXACTLY the same as selecting 'Firm Odds', except that you are given more options in case your bet is not confirmed instantly.

 Negotiate is not the same as placing a firm odds bet with a sports book.

Negotiate is identical to an exchange except you are only playing against a bot. Your offer can be accepted immediately. If it's not accepted, then you can take it down or leave it up.

[DirectBet]

Negotiate is not the same as placing a firm odds bet with a sports book.

I'm specifically referring to the unique 'Negotiate Odds' feature at DirectBet and not to other books.

At DirectBet, if you use 'Negotiate Odds' and set the minimum odds to the current odds (default), then your bet will be processed EXACTLY the same as selecting 'Firm Odds' except that with 'Negotiate Odds' you are given more options what to do in case your bet can not be confirmed instantly due to odds decrease.

[DirectBet]

DirectBet Basketball Prediction Game *** Win 190 mBTC ! *** Free to Enter !

Predict the correct score of basketball games and win big !

WNBA 2014

Chicago @ Atlanta

Prize : 190 mBTC Free Bet !

Post your predictions for the correct score in our Basketball Prediction Game thread : https://bitcointalk.org/index.php?topic=721578.0

Good Luck !

[DirectBet]

Did you know ?

DirectBet offers a unique feature where you can parlay a provably fair dice roll along with horse racing bets and a wide range of sport bets !

[Harib]

I'm specifically referring to the unique 'Negotiate Odds' feature at DirectBet and not to other books.

At DirectBet, if you use 'Negotiate Odds' and set the minimum odds to the current odds (default), then your bet will be processed EXACTLY the same as selecting 'Firm Odds' except that with 'Negotiate Odds' you are given more options what to do in case your bet can not be confirmed instantly due to odds decrease.

'Negotiate Odds' is worthless to me for multiple reasons:

1) If I accept lesser odds, in many cases I'm going to bet less.

2) I want to make a bet, not possibly make a bet. I'll look elsewhere.

3) If I send "Negotiate Odds" and the odds are now worse (which is the case about 80% of the time I'd estimate), I'm going to look elsewhere.
So 5 minutes later I find what I want on that play and bet it elsewhere.

Now I return to your site to cancel, and find that the odds have returned to my price, your system has auto bet it for me (as it's supposed to)and now I've double bet the play.

I could find the play elsewhere, and first go back to your site and cancel, then return and bet it elsewhere. But in the interval that may cost me the play at the other site due to movement.

4) It's pretty easy to forget about cancelling the "Negotiate Odds" play, especially if it's for much later or another day.
I may no longer want it.

5) As Peeps points out, if the line moves back, it's because your bot or scraper has recorded it moving back elsewhere. I can perhaps  get a better price at the "elsewhere" books.

6) The time going back and cancelling, etc., is a time waster and a needless extra task.

I could come up with more, but basically, "Negotiate Odds" benefits DirectBet, not this customer.

All of the above should be apparent to anyone who has spent time sportsbetting.

[Harib]

I may as well mention:

To date, although I've lost over $2500 all together at DirectBet, I have never received one Satoshi from your bonus program, nor do I ever expect to.

I would guess that this is the case for about 90% of your customers.

[Rating Place]

DirectBet- You should listen to Harib. He knows what he's talking about. Even your push rules where you refuse to refund bets benefits DirectBet.

[Harib]

To be clear - Unlike Peeps, I like many things about DirectBet. It's the btc book I use 2nd most (although a lot less than the 1st  I use).

If you had a deposit feature, I'd be able to get in more bets. It's frustrating to lose so many.

Perhaps "Negotiate Odds" helps other customers who approach things differently.

Perhaps also the Bonus program benefits other customers. I only mention it because you always point it out if someone says your odds are low on something, and wanted to point out that for me at least it does not help lower the price.


I'd also like to mention that unlike Peeps and some others, once I send a bet, it is always either Confirmed or Rejected rapidly.

I've never had a problem regarding this.

[Harib]

I should add that I've never Live bet on the site.

[Rating Place]

I should add that I've never Live bet on the site.

What sports do you bet at DirectBet? I've never seen the best price, or even close, in any American market. The loss on a push nullifies all plays on quarters and halves. It occurs approximately 6% of the time.

Why the back track on negotiate odds? You already posted the pitfalls.

[Rating Place]

If I were going to bet on the Mariners vs. Boston baseball game and I chose the Mariners, does the @1.92 mean that I would win 192% of my bet back. And if I were to bet on the other thing that wasn't the money and it says SEA -1.5 @ 2.44 would that mean I win 244% of my bet back? Can someone explain this to me please?

If you bet $1 @ 1.92 then you would get $1.92 back so you would win $.92
If you bet $1 @ 2.44 then you would get $2.44 back so you would win $1.44

If you are more familiar with American odds, then you can switch. On the bottom right above where is says bitcoin, click decimal and it will switch to American odds.

[Rating Place]

If I were going to bet on the Mariners vs. Boston baseball game and I chose the Mariners, does the @1.92 mean that I would win 192% of my bet back. And if I were to bet on the other thing that wasn't the money and it says SEA -1.5 @ 2.44 would that mean I win 244% of my bet back? Can someone explain this to me please?

If you bet $1 @ 1.92 then you would get $1.92 back so you would win $.92
If you bet $1 @ 2.44 then you would get $2.44 back so you would win $1.44

If you are more familiar with American odds, then you can switch. On the bottom right above where is says bitcoin, click decimal and it will switch to American odds.

I'm not very familiar with either one. The SEA -1.5 @ 2.44 is in a different category than the money line. So the money line is just whoever wins you get that amount back?

Sea would have to win by 2 runs or more for you to win. Then betting $1 would win you $1.44.