#1 RATINGS and REVIEWS of SPORTS BOOKS thread. Poster input appreciated.

[DirectBet]

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.

[DirectBet]

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 ?

[info@anonibet.com]

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.

[DirectBet]

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.

[Gogo ppp]

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.

[DirectBet]

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.

[Bismarckbkk]

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.

[Legions36]

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.

[DirectBet]

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.

[Bismarckbkk]

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.

[Rating Place]

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.

You've been in business less than 4 months. Bitbook, Blockbet and Bit365 were very good books at one point. All 3 went under.

Maximum grades:
A - 2 years
B - 1 year
C - 3 months
D - 1 month
F - reserved for books that are slow paying or stiffing players

[Rating Place]

DirectBet:

How much volume do you do compared to Anonibet? When you do their volume, you won''t be able to keep all your funds in a hot wallet. How many linesman do you have? Anonibet has multiple linesmen. How many employees do you have dedicated to fraud and risk management? Anonibet has multiple people. Anonibet has been in business for 3 years and you haven't even been in business 4 months. Which book has a better chance of being open one year from now?

[DirectBet]

DirectBet:

How much volume do you do compared to Anonibet? When you do their volume, you won''t be able to keep all your funds in a hot wallet.
 

I don't know. What is their betting volume ?

How many linesman do you have? Anonibet has multiple linesmen. How many employees do you have dedicated to fraud and risk management? Anonibet has multiple people. Anonibet has been in business for 3 years and you haven't even been in business 4 months. Which book has a better chance of being open one year from now?

If they need extra employees to process manual withdrawals, manage risk and set up lines, while we have invested in a state of the art proprietary software that does that automatically with 0 employees, do we need to get discredit for that ?

 

[Rating Place]

DirectBet:

How much volume do you do compared to Anonibet? When you do their volume, you won''t be able to keep all your funds in a hot wallet.
 

I don't know. What is their betting volume ?

How many linesman do you have? Anonibet has multiple linesmen. How many employees do you have dedicated to fraud and risk management? Anonibet has multiple people. Anonibet has been in business for 3 years and you haven't even been in business 4 months. Which book has a better chance of being open one year from now?

If they need extra employees to process manual withdrawals, manage risk and set up lines, while we have invested in a state of the art proprietary software that does that automatically with 0 employees, do we need to get discredit for that ?

 

Other books that do it the same that you do go under. How are your lines set? Which book are you cloning and how much juice are you adding to their lines? If your profit margin is 2-3% then you are definitely doing something wrong since your theoretical hold is vastly higher.

[Rating Place]

Directbet - When players confirm a bet, why do you hold it so long before accepting or rejecting the bet? Are you waiting for the next line move? If the line moves in our favor, will you accept the change as CRIS/Bookmaker does with their live betting?

CRIS/Bookmaker protects the player by rejecting line moves in their favor. The same goes for every other book. If we make a bet with some of your other options is there a possibility of getting worse odds?

How many years have you been in business as a bookmaker? Have you also been on the other side of the counter? Did you write your own software or buy it?

[Rating Place]

DirectBet- Should the established bigger books come in here to refute the claims of a new start up book? I'm 100% sure that some of your allegations in this thread are false.

[DirectBet]

Directbet - When players confirm a bet, why do you hold it so long before accepting or rejecting the bet? Are you waiting for the next line move?

As soon as your bet transfer is received, our automated betting system will either confirm or reject it within a few seconds.

We do not hold the bet, except when betting is temporarily suspended. When that happens, we wait up to 1 more minute for betting to resume and otherwise reject and refund the bet immediately. This rarely happens and we do not gain any advantage for doing so. We do that to avoid the inconvenience of a rejected bet.

You can read more about how we handle received bets here :
http://www.directbet.eu/Rules.cshtml

If the line moves in our favor, will you accept the change as CRIS/Bookmaker does with their live betting?

If by the time we receive your bet transfer, the odds have increased in your favor, your bet will confirm at the greater odds.

As soon as we receive your bet transfer, we immediately make a single inquiry to the current odds, and these odds are used to process the bet.

This is true for all betting options. Under no circumstances will you get worse odds than the current odds.

I invite you to audit and confirm this.

You can read more about how we process bets here :

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

Did you write your own software or buy it?

We have implemented our own software.

Peeps, you ask a lot of questions here and I am doing my best to answer all of them, but I can not answer some of your questions as I do not wish to reveal confidential information that might tip our competitors.

That's said, I asked you just one question and you ignored it, so I will ask it again :

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

[BitcoinzRulez]

I wrote up some solid reviews a couple pages back so i'll weigh in.  I think most of the ratings here are decent based on the "time" criteria.  I do think cloudbet might be the best right now, but if you cap what a book can achieve based on time in existence than cloudbet is where it should be.

however, that being said, JUST because a book is the oldest (anonibet) doesn't mean it should be rated the highest.  the review i posted about anonibet and several others here are pretty scathing when you subtract out the fact that they've been open the longest.  they are pretty much the worst across the board on 5 other criteria points.  frankly the book itself is D+ to C- at best when you take EVERYTHING into consideration (other than time open).  i DO think that other peoples complaints about anonibet are legit and it should be downgraded considerably because all aspects of that book suck other than the fact that they've been in business the longest.

there is one other thing to consider though.  i think anyone can open up a bitcoin book like anonibet with roughly 50 bitcoins in cold storage.  the fact is that the average bettor probably wagers .05 BTC and so when anonibet caps action about as low as possible there is almost 0 risk to them as far as someone like me ever winning big.  i would be shocked if they could release a cold storage wallet address proving they had 500-1000 bitcoins to back their book.

I would rather play at a brand spanking new book who released a signed wallet transaction showing good backing (1000 btc) then a lowly capped book like anonibet that prays off people who are zero risk to them (especially when their posted odds are so terrible they they gain a extra 10% handicap advantage over all the other books).

[Rating Place]

I really hate talking about Anonibet again and repeating this, but a poster vote was taken and Anonibet was number 1. Posters voted them #1 and they have been in existence longer than other books. I'm not sure how they can be moved down.

There are valid criticisms of Anonibet and those posts are appreciated. All books don't target the same market and have the same offerings. The World Cup is coming up. This would be the best time to compare books and limits.

[Rating Place]

If you guys have a question for a book, just ask here. If they don't reply, then I'll shoot them a PM to see if they would like to reply/