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Author Topic: #1 RATINGS and REVIEWS of SPORTS BOOKS thread. Poster input appreciated.  (Read 89153 times)
Peeps Place
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April 30, 2014, 07:24:10 AM
Last edit: April 30, 2014, 08:21:53 AM by Peeps Place
 #801

I'm not here to talk about myself but to squash the being paid for ratings I'll mention something. At peepsplace, I  once ran a section called TFZ (tout free zone). It was post by invite and it was very successful since we had bookies and some guys that were very good handicappers.

Because of the amount of views in that the section, books asked to pay for advertising. The owner was nice enough to give me the payments for books that advertised in that section. Two books advertised there. This wasn't even in the main forum but both books were paying me.

There were rumors that the books were in trouble. They weren't paying on the credit side and that is a sign that they will start having problems on the post up side. As soon as that started I voluntarily asked for the banners to come down and forfeited the money. Reagan will not keep banners up if he feels that books are in trouble. Peepsplace aka OGD and Offshore Gamblers Digest has been in business since 2003. Banners come down at the first sign of trouble.

 I owned a forum. Betonsports advertised at the forum. They went under and stiffed players that went through me. I paid all those players out of my own pocket. Players that were on sheets at the other forums were stiffed.

 Bitbook came down before they closed. Betcoin came down when there was a little trouble. Only the top books will be up there and if they are having trouble, they will come down. I hope that we are through with the personal attacks and can get back to book talk.

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April 30, 2014, 07:32:59 AM
Last edit: April 30, 2014, 08:13:13 AM by Peeps Place
 #802

DirectBet - Once again you are making untrue statements about lines that you have and those of other books. Would you like to take this argument to your Directbet thread and keep it out of here? I would appreciate if that could be done. I asked you to just talk about DirectBet but you continue to talk about other books. Other books abide by this request and have no desire to fight with a new start up book. Let the posters rip into Anonibet if they deem it justified.




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April 30, 2014, 07:56:01 AM
 #803

The guys who run direct bet seem like good people, and I think they are filling a gap created by the Bit365 / bitcoinsports.eu meltdown.

That being said, just wanted to add to the conversation a bit regarding the safety of user balances on bitcoin sportsbooks.

Books that offer instant (0 confirmation deposits) and instant withdraws can have the best of both worlds. While users are free to keep a balance on our website, we have some users who send funds to the site seconds before a game starts, place their bet, and withdraw right after the game is graded. The funds are only on our servers for the duration of the bet, and only for the amount they want to bet with.

Again, not saying one method is better than the other, just saying that the formula to being the 'safest sportsbook' is definitely a complicated beast!

Happy Betting!


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Peeps Place
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April 30, 2014, 08:00:21 AM
 #804

Nitrogen - Any time frame on the exchange? I know many are looking forward to it.

NitrogenSports
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April 30, 2014, 08:09:15 AM
 #805

Nitrogen - Any time frame on the exchange? I know many are looking forward to it.

We did a limited launch tonight with some of the NBA Playoff games. We got a lot of great feedback from our users, and are going to continue to tweak and add features over the next few days. Hopefully will be fully launched sometime next week. Most likely we will bump our thread at that time. You can get some more information on the 'Exchange Information' page under the 'Exchange' menu if anyone is curious about the details.


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▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
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Peeps Place
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April 30, 2014, 08:13:53 AM
 #806

Nitrogen - Any time frame on the exchange? I know many are looking forward to it.

We did a limited launch tonight with some of the NBA Playoff games. We got a lot of great feedback from our users, and are going to continue to tweak and add features over the next few days. Hopefully will be fully launched sometime next week. Most likely we will bump our thread at that time. You can get some more information on the 'Exchange Information' page under the 'Exchange' menu if anyone is curious about the details.
Thanks

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April 30, 2014, 08:38:42 AM
 #807

You want your money to be as safe as possible, that is the #1 criteria.

It doesn't matter how long the book is in business. All that matters is what practices they are taking to protect users funds.

Bitbook was considered by many the most trusted Bitcoin sportsbook, it was their slogan and they never failed to pay a winning bet. Yet one day they too disappeared without paying all their customers.

You might argue that the more time the book is in business, the less chance there is for them to disappear. But on the other hand, the more time the book is in business, the more customers they have, the more deposits they hold, the more incentive for them to steal it and disappear.

Take for example Full Tilt Poker. They were the second largest on-line poker room for a decade, endorsed by dozens of top players, you would have rated them AAA+++ and players felt confident to keep there millions, yet they too stole hundreds of millions dollars from players deposits and had Poker Stars not buy them out, most of that money would have been gone. Same for Ultimate Bet, Absolute Poker, all top on-line poker rooms at the time with the exception Poker Stars.

If security is your concern, for rating purposes, you should dig deeper into what is done to protect users funds.

For your Bitcoins to be safe in a sportsbook account, the sportsbook needs to store all user-owned Bitcoins (deposits and winnings) in a separate account from the account used to pay for their daily operations, in a similar way that Poker Stars is doing for its Poker players. In addition, it needs to make sure that there is always more than enough funds in the segregated account to cover all user balances in the event that everyone will want to withdrawal their entire balances at the same time.

Furthermore, they need to prove that they control the Bitcoins in the segregated account, and allow an independent 3rd party to audit it at any time.

Finally, they need to demonstrate that access to the cold storage of Bitcoins is not limited to one or two persons, otherwise, in the unfortunate event that something terrible happens to them, the Bitcoins will be gone. For this reason, the sportsbooks need to provide a 3rd independent and trusted escrow service with an access to the segregated Bitcoins that are used to cover user balances, and an authorization to distribute them to their owners in unfortunate circumstances.

To the best of my knowledge, none of the Bitcoin sportsbooks follow this practice or a similar one, and therefore your Bitcoins are not safe in any of them, regardless of how long they are in business.

Stating that they have the Bitcoins in a cold storage is meaningless. They need to prove it, they need to allow an independent 3rd party to audit it at any time, and they need to show how you will get your Bitcoins in the unfortunate event that the people in control of it die.

Recently, there have been many Bitcoin sportsbooks that disappeared with all user balances. Unfortunately, as history has learned us, this will continue as long as there is no true protection to the users, similar to the one provided by Poker Stars in the poker industry.

Why DirectBet is the safest Bitcoin Sportsbook ?

We are the safest Bitcoin sportsbook for the simple reason that we do not take deposits and keep hold of your valuable Bitcoins, except during the lifetime of the bet and only the amount that you elected to bet. This period of time is kept to the minimum thanks to the fact that we settle all bets within an hour. Your Bitcoins are kept safe in your wallet under your control at all other times.

We are different than other Bitcoin sportbooks, who take deposits and keep hold of your Bitcoins for no good reason. By doing so, your Bitcoins are left vulnerable to theft or loss, and there is always the risk that the sportsbook will disappear, taking your Bitcoins along the way, or spend them on their operational costs, or use them to pay winning players, essentially turning into a Ponzi scheme, or otherwise prevent you from withdrawing for various dishonest reasons, as happened countless of times in the past.

In fact, to date, there hasn't been a single Bitcoin sportsbook that we are aware of, which ceased operation gracefylly and honored all withdrawal requests.

Currently, none of the other Bitcoin sportbooks take the necessary steps to truly protect deposits in a similar way that Poker Stars is doing in the on-line Poker industry for its Poker players, and therefore your Bitcoins are not safe in any of them.



Thank you, I will use your book in the future. I also appreciate the promotion.

Full Tilt Poker had terrible customer service with email replies taking weeks and  nothing getting solved. Their cashouts took long as well. The reason I never played there.

Any company can go broke , nothing is ever safe but there is a degree of certainty that comes with how long a book has been buisiness. In case of Full Tilt Poker or MtGox the writing has been on the wall for anyone who wanted to see. If nitroen or anoni started to delay withdrawals they would be downgraded here as well.

Yes a perfectly well run sportsbook can one day disappear into sun but that doesnt mean theyre less trustworthy then startup books.

Imho you should aim to satisfy your customers and build a reputation, then you will see your customer bade increase. To be honest the ratings in this book are just for beginners and therefore I think the ratings are fair.

Maybe your rating is unjustified but it will improve. Best of luck


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April 30, 2014, 08:39:30 AM
 #808

By the way cloudbet hasnt graded my mlb wagers as of yet. Some games finished 4 - 5 hours ago. I understand some delay but this is really long.

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April 30, 2014, 08:56:09 AM
 #809

@ directbet after looking at your odds I have to say I wont play at your book in the future

Here are some odds for mlb compared to cloud bet: cloudbet red directbet blue

MIL STL  - 196 / + 142 - 175 / + 154

CLE LAA  - 182 / + 132 - 166 / + 144

NYM PHI - 238 / + 172  - 222 / + 192

SEA NYY  - 182 / + 134  - 166 / + 146


You accused peeps place of bias earlier finding extreme examples and not comparing anonibet lines.

Well these are standard mlb runlines, hardly extreme examples and theyre the first 4 games beginning from top of the list, not selective and even anoni who has arguably the worst odds among the best rated books has better lines.


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April 30, 2014, 09:24:13 AM
 #810

By the way cloudbet hasnt graded my mlb wagers as of yet. Some games finished 4 - 5 hours ago. I understand some delay but this is really long.

Hi Bismarckbkk,

Our MLB result data arrives later than most other sports so unfortunately at the moment they can take a little longer than we would like to grade. We're working on it though, and will grade faster as soon as we can.

Thanks for the feedback!

Cheers,
Cloudbet

PS we are launching some awesome new stuff next week!

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April 30, 2014, 11:38:22 AM
 #811

The guys who run direct bet seem like good people, and I think they are filling a gap created by the Bit365 / bitcoinsports.eu meltdown.

That being said, just wanted to add to the conversation a bit regarding the safety of user balances on bitcoin sportsbooks.

Books that offer instant (0 confirmation deposits) and instant withdraws can have the best of both worlds. While users are free to keep a balance on our website, we have some users who send funds to the site seconds before a game starts, place their bet, and withdraw right after the game is graded. The funds are only on our servers for the duration of the bet, and only for the amount they want to bet with.

Again, not saying one method is better than the other, just saying that the formula to being the 'safest sportsbook' is definitely a complicated beast!

Happy Betting!

We too accept bets with 0 confirmations.

I agree with you. If your users can indeed withdraw their winnings immediately and automatically at the completion of the game, without limitations, then as far as safety is concerned, we have the same to offer.

But Anonibet, on the other hand, the top rated Bitcoin sportsbook in this list, and the only one who can get a rating of A according to Peeps, is processing withdrawals manually.

That means that if you make a withdrawal while they are sleeping, you may have to wait for hours. Therefore, they are much less safer than both of us, and since according to Peeps safety is the most important measure, they do not deserve to be rated above us.

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April 30, 2014, 11:40:06 AM
 #812

Would you like to take this argument to your Directbet thread and keep it out of here?

I believe our discussion here is relevant to this thread.

Would you please disclose which Bitcoin sportbooks are paying you to promote them in forums ?

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April 30, 2014, 01:33:37 PM
 #813

Dear Peepls Place,

I am sorry to misuse your thread, Anonibet has been victim of unnecessary dress down from our competitors here. So I allow myself to post the player special bets which we offer on tonight's Champions League match. I am sure that some of our jealous competitors are not able to offer such player special bets that we offer also on NBA matches time to time.
We believe the way to acquire customers is not to attack the first and oldest Bitcoin bookmaker. They should concentrate on how to develop themselves.



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April 30, 2014, 01:44:31 PM
 #814


You accused peeps place of bias earlier finding extreme examples and not comparing anonibet lines.

Well these are standard mlb runlines, hardly extreme examples and theyre the first 4 games beginning from top of the list, not selective and even anoni who has arguably the worst odds among the best rated books has better lines.


We usually offer much better odds as we get closer to the event start time. There are other reasoning, which we explain here :

http://www.directbet.eu/FAQ.cshtml#Odds

My argument here is that if our ratings is reduced because our odds are lower, then why the same reduction is not equally applied on Anonibet, the highest rated book in the list here ?

If you make a comparison across all sports you will see that on average, our odds are as good or better than the ones offered by Anonibet.

Keep in mind that if you bet frequently on our website, you also earn VIP rewards and other bonuses, so essentially, the odds that you are getting are much higher than the quoted odds. Anonibet does not offer any bonus.

We also accept much bigger stakes, which is relevant when comparing odds.

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April 30, 2014, 02:20:52 PM
 #815


You accused peeps place of bias earlier finding extreme examples and not comparing anonibet lines.

Well these are standard mlb runlines, hardly extreme examples and theyre the first 4 games beginning from top of the list, not selective and even anoni who has arguably the worst odds among the best rated books has better lines.


We usually offer much better odds as we get closer to the event start time. There are other reasoning, which we explain here :

http://www.directbet.eu/FAQ.cshtml#Odds

My argument here is that if our ratings is reduced because our odds are lower, then why the same reduction is not equally applied on Anonibet, the highest rated book in the list here ?

If you make a comparison across all sports you will see that on average, our odds are as good or better than the ones offered by Anonibet.

Keep in mind that if you bet frequently on our website, you also earn VIP rewards and other bonuses, so essentially, the odds that you are getting are much higher than the quoted odds. Anonibet does not offer any bonus.

We also accept much bigger stakes, which is relevant when comparing odds.



"We usually offer much better odds as we get closer to the event start time."

"We also accept much bigger stakes..."


I would suggest you offer competitive odds with  lower  limits, and raise the limits later.

Instead you are offering high limits with odds in most cases that only a lost newbie or a total degen would accept.
Currently you have perhaps the highest limits but with unplayable odds in most cases.


"We usually offer much better odds as we get closer to the event start time."

Yes, every book that is properly bankrolled should be happy to take as much action as possible on settled lines.

But as you can see from the frequent criticism of your odds, many bettors want to bet early lines, and if you want that action you need to offer competitive odds.


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April 30, 2014, 02:28:45 PM
 #816

I would like to point out that we have nothing against any other Bitcoin sportsbook here.

We are very ambitious and aim to be the best, and therefore we compare ourselves to the top rated Bitcoin sportsbook in this ratings list, whichever that book is.

We don't mind that others are rated A, and we are not asking to downgrade any book. What we are arguing is that if our betting service is as good or better than a book that is rated A then we should be rated A as well.

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April 30, 2014, 02:48:06 PM
 #817

Because of the system that you use that doesnt hold customer funds I find it okay for you to be at least B rated.

I also agree anoni isnt an A rated book. You have to remember that bitcoin sportsbooks are all very young, anoni is the oldest and therefore have an edge, justified or not.

In time they will forfeit this bonus and recieve a fairer rating.


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April 30, 2014, 03:30:12 PM
 #818

I would like to point out that we have nothing against any other Bitcoin sportsbook here.

We are very ambitious and aim to be the best, and therefore we compare ourselves to the top rated Bitcoin sportsbook in this ratings list, whichever that book is.

We don't mind that others are rated A, and we are not asking to downgrade any book. What we are arguing is that if our betting service is as good or better than a book that is rated A then we should be rated A as well.
Can u say that being as new as u r that players should feel safe betting 10k, 20k,50k to deserve this A rating u r claiming u deserve? Look at that poster who trusted that new book Coinbet with that kind of money and bets and look at where it got him. U can also claim all u want that yes yes u can trust us with this but does that mean people should at fairly new places do this, no way ever.
U really need to stop looking for yourself at this and start to understand this is done because players like myself and others don't need to get screwed by shops for no reason. Seriously there is zero chance u deserve an A rating being this new, a C is a good starting points for books as new as u.
Just for the record i see u keep calling out PeepPlace about books paying this and that for ratings bs, well part of the rating changes was because myself and other posters brought it to PeepsPlace's attention that such new books need not get a high rating to start or it will eventually turn out bad, and guess what happened "Coinbet" as an example.
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April 30, 2014, 04:25:02 PM
 #819

Anonibet posted here their offering on today's UEFA champions league match between Chelsea and Atletico Madrid.

For comparison purposes, we will do the same.

Anonibet offers 30 different bets on this game. DirectBet offers more than 70 different bets.

Anonibet claims that other books should be jealous because they offer a special bet on which player will score. But if you look closely, you will see that there are only 7 players to pick from.

DirectBet on the other hand allows you to bet on 13 different players to score, more will be added closer to the event start time and there is also a bet on who will score first.

Our odds are also much better, and that's before you factor in our bonuses and other promotions (Anonibet does not offer any promotion).

Here is an example. DirectBet odds are in green. Anonibet odds are in red.

Match Odds

Chelsea 2.3    2.3
Atletico Madrid 3.25    3.15
Draw 3.1    3.15

Draw No Bet

Chelsea 1.62    1.6
Atletico Madrid 2.32 2.15

Double Chance

Home or Draw 1.35    1.35
Draw or Away 1.62    1.55
Home or Away 1.38    1.35

And so it goes on. Take a look and judge for yourself :

DirectBet offer on Chelsea vs Atletico Madrid :

Anonibet offer on Chelsea vs Atletico Madrid :

DirectBet accepts much larger bets than Anonibet.

If you are fortunate to win a bet, DirectBet will pay you out automatically, within minutes of the event completion. Anonibet on the other hand will process your withdrawal manually, and you may have to wait hours.

Peeps gave Anonibet A and to DirectBet a lousy C.

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April 30, 2014, 04:56:54 PM
 #820

Ok we get it you offer slightly better odds then anoni yet along with anoni still miles behind nitro and cloudbet who are also worse rated then anoni. Cloudbet is also a C here.


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