Is there a "betfair" for bitcoin up and running yet?

[MyRealName]

Both Fairlay (click for link) and BetBTC (click for link) are sportsbooks and also betting exchanges, though I've personally never used either of them and they don't seem to have a lot of volume from what I can see right now. I don't currently see any active scam accusations against either site so they should be safe to use (BetBTC's thread dates back to Nov 2014 and Fairlay's to July 2014), though please feel free to correct me if I am wrong.

I signed up to Fairlay just this week and had a few bets.

Initial thoughts:
- easy deposit process (that's crypto for you)
- one of the most confusing UIs I have ever seen
- messy, busy, over-featured betslip - doesn't match up to the standard exchange experience at all
- no in-play betting (!)... did I miss something?

Any others have feedback (good or bad) on Fairlay? Would love to hear that it was just me, but right now this is not fit for purpose as an exchange product.

I totally agree with all you said about Fairlay. And will add some mine:

1. Built in crypto exchange. Very usefull when you want to place some bets but bitcoin mempool overloaded (like todays). Litecoin, BCH, ETH, DASH accepted.

2. You can place huge bets (compared to other bitcoin sportsbooks) and you can rebet the same market many times. You literally have pini line for Bitcoin sports betting with good limits . There are people who bet around 50 BTC on a single bet.
 
3. Well documented API (you can make your own script for market making or test some strategis, just carefully combine free and paid API's.

4. Lowest fees on the market.

5. No KYC.


If Fairlay had matchbook/betfair - like UI it would be the best place for crypto sports betting.

[1715643557]

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[1715643557]

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[1715643557]

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[arco-yabamba]

Thanks for feedback, good to hear other people's thoughts!

Just out of interest, what would you say are "huge bets" in the bitcoin sportsbook market?

[Yarex]

Long term user of Betfair betting exchange here, mostly soccer but also other sports. Not a big user of bitcoin for betting, but starting to get involved. Would love to see a proper betting exchange like Betfair with BTC and lots of liquidity!

I used bookiepro on their testnet during the world cup and even managed to bag a couple of small prizes but that seems to have died a death at minute?

I hear there is so much BTC being bet on sportsbooks, surely a betting exchange is the next logical step? Interested to hear others' opinions on this.

After the opportunity to bet on sports using cryptocurrency, I began to do it only in this way. I will not advertise the sites of firms that accept sports betting in cryptocurrency. There is a large number of them in Google. It became much more convenient for me to bet.

[STT]

I guess its possible to bet on sports via crypto  then take a hedge on the crypto vs fiat and lay off the bet in FIAT.   Thats introducing extra cost and hassle to the process is not really ideal.

Anything that adds certainty to crypto has a powerful creative effect for all the business that then can take place.  BTC being around 10 years even though its been up and down, accumulates into some certainty for business to expand.    Reading this thread seems like crypto lay betting could possibly be superior to betfair for some people, which is surprising how much its developed as an industry.   Makes me more bullish for crypto overall.

[MyRealName]

Thanks for feedback, good to hear other people's thoughts!

Just out of interest, what would you say are "huge bets" in the bitcoin sportsbook market?

May be I chose wrong words. Sorry. Non native speaker. I meant their limits mach higher compared to other crypto sports bookies. nitrogensports have similar limits but they offer lower odds and don't allow rebet. Anyway if you are not a highroller I would recomend bitcoinrash, they offer pini lines with 0.2% rakeback, and dont lower odds when you make parlays (compared to Pinnacle, betbtc). Bitcoinrash is the best chose for anyone who don't bet over 0.5 Btc IMHO. But they have the same cons - no live betting.

[arco-yabamba]

Thanks for feedback, good to hear other people's thoughts!

Just out of interest, what would you say are "huge bets" in the bitcoin sportsbook market?

May be I chose wrong words. Sorry. Non native speaker. I meant their limits mach higher compared to other crypto sports bookies. nitrogensports have similar limits but they offer lower odds and don't allow rebet. Anyway if you are not a highroller I would recomend bitcoinrash, they offer pini lines with 0.2% rakeback, and dont lower odds when you make parlays (compared to Pinnacle, betbtc). Bitcoinrash is the best chose for anyone who don't bet over 0.5 Btc IMHO. But they have the same cons - no live betting.

No, I think your words were correct!
I just wanted to know - how much money can you usually bet on FairLay?
And what are nitrgoensports limits?

[arco-yabamba]

Anything that adds certainty to crypto has a powerful creative effect for all the business that then can take place.  BTC being around 10 years even though its been up and down, accumulates into some certainty for business to expand.    Reading this thread seems like crypto lay betting could possibly be superior to betfair for some people, which is surprising how much its developed as an industry.   Makes me more bullish for crypto overall.

Agreed, crypto sports betting is maturing, just as so many other parts of crypto-industry are maturing. A Betfair for BTC is surely just a matter of time.

[MyRealName]

Thanks for feedback, good to hear other people's thoughts!

Just out of interest, what would you say are "huge bets" in the bitcoin sportsbook market?

May be I chose wrong words. Sorry. Non native speaker. I meant their limits mach higher compared to other crypto sports bookies. nitrogensports have similar limits but they offer lower odds and don't allow rebet. Anyway if you are not a highroller I would recomend bitcoinrash, they offer pini lines with 0.2% rakeback, and dont lower odds when you make parlays (compared to Pinnacle, betbtc). Bitcoinrash is the best chose for anyone who don't bet over 0.5 Btc IMHO. But they have the same cons - no live betting.

No, I think your words were correct!
I just wanted to know - how much money can you usually bet on FairLay?
And what are nitrgoensports limits?

Look at this market for exampale:
https://fairlay.com/archive/washington-wizards-denver-nuggets-51/?referral=81e186f2-0d5e-441c-be8c-d0c8badd1e3d

Someone placed on Denver Nuggets -7.5 first half around 8000 mBTC = 8 BTC = 40 000 USD.
He placed seven consecutive bets (~1.3 BTC) to get amount he wanted. It's not a small amount for NBA second half  market. Nitrogensports will not allow you to place several bets at the same market, and their odds always lower.

Today's game: NCAA Wisc Green Bay vs Marshall -5.5 spread:
Nitrogensports: 1.909 vs 1.909 The bookmaker takes a margin of 5.21% (payout is: 94.79%).
Fairlay: 1.925 vs 1.925 The bookmaker takes a margin of 3.90% (payout is: 96.10%).

This is an early  line example. Close to game you will get even better odds. And you can make your own offer as well.

I suggest everyone to register on both and compare lines and limits before placing bets. I will assure you most of them will be on Fairlay platform.

 

[MyRealName]

Look at this right now:
One of the most popular soccer markets today.

https://fairlay.com/market/sevilla-vs-alaves-79/?referral=81e186f2-0d5e-441c-be8c-d0c8badd1e3d

Sevilla vs. Alaves.

Seviilla BACK 1.425 <---> LAY 1.445

lets convert it to asian handicap:
Sevilla -0.5 vs Alaves +0.5 = 1.425 vs 3.247 The bookmaker takes a margin of 0.97% (payout is: 99.03%).

I don't think anyone has a best margin at the moment. Even fiat bookies and exchanges like matchbook will not give you such a good odds becouse they will take at least 2% from your winnings.

[arco-yabamba]

yeh, some reasonable numbers there although i think the volumes are the exception rather than the rule.

[cryptograce]

Faireum.io is too fair, anytime and everytime.

[meliquiades]

Anything that adds certainty to crypto has a powerful creative effect for all the business that then can take place.  BTC being around 10 years even though its been up and down, accumulates into some certainty for business to expand.    Reading this thread seems like crypto lay betting could possibly be superior to betfair for some people, which is surprising how much its developed as an industry.   Makes me more bullish for crypto overall.

Agreed, crypto sports betting is maturing, just as so many other parts of crypto-industry are maturing. A Betfair for BTC is surely just a matter of time.

This is an interesting one. I remember sports betting in the early 2000s and the state of most sportsbooks was pretty dire. It was always a nightmare to find the market you wanted to bet on, the UI was horrible. It is basically where we are at with the vast majority of crypto sportsbook today.

It does seem the tide is beginning to turn though...

[arco-yabamba]

Still...nothing...?

[exbet.io]

Hello people!

We think it is relevant here to mention that exbet.io is going into Closed Beta next week (Oct 1st).

The OP asked if there was a "betfair" for bitcoin.. well that's exactly what exbet.io is.

In fact, CryptoGamblingNews said this of exbet.io - "It looks like we may finally have a Betfair for the Bitcoin age".

Please take a look at the ANN thread here, we'd love to have you join the Closed Beta before full launch later in 2019:
https://bitcointalk.org/index.php?topic=5187610

Regards
The exbet.io team

[meliquiades]

Nice, been waiting for something like this for awhile. Will check out the beta.

[exbet.io]

Nice, been waiting for something like this for awhile. Will check out the beta.

That's great to hear meliquidaes, pleased to have you on board for the Closed Beta.

[arco-yabamba]

Hello people!

We think it is relevant here to mention that exbet.io is going into Closed Beta next week (Oct 1st).

The OP asked if there was a "betfair" for bitcoin.. well that's exactly what exbet.io is.

In fact, CryptoGamblingNews said this of exbet.io - "It looks like we may finally have a Betfair for the Bitcoin age".

Please take a look at the ANN thread here, we'd love to have you join the Closed Beta before full launch later in 2019:
https://bitcointalk.org/index.php?topic=5187610

Regards
The exbet.io team

Interesting, if this does what it says on the tin. I'm withholding judgement until we see what is being delivered. Will sign up for Closed Beta.

[exbet.io]

Interesting, if this does what it says on the tin. I'm withholding judgement until we see what is being delivered. Will sign up for Closed Beta.

Hi, we saw that you signed up on the ANN thread, that's good news!
We really hope it lives up to your expectations - we have been working hard to bring a pure old-school  betting exchange to Bitcoin bettors. See you in the Closed Beta 

[exbet.io]

Thought the latest Exbet news could be relevant in this thread:

Curacao license granted, September launch date confirmed, and liquidity on its way  

Read more here:
Exbet awarded Curacao Licence ahead of September Launch
https://www.cryptogamblingnews.com/news/exbet-awarded-curacao-licence-ahead-of-september-launch/