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

[Josjac]

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.

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[leowonderful]

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.

[Josjac]

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.

Leo you are truly wonderful! I will check out them links,many thanks!

[arco-yabamba]

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.

Leo you are truly wonderful! I will check out them links,many thanks!

OP, you took the words out of my mouth, also a long-time Betfair user and can't believe there isn't a booming BTC betting exchange yet. 

Good links from leowonderful, I have checked both those out already...  they are the best I could find but let's just say they both leave a lot to be desired. Be interested to hear what others think about them. Also if any others on here use Betfair or another of the fiat exchanges. 

[meliquiades]

Betfair user for as long as I can remember (since early 2000s).

I haven't used the two Bitcoin sports betting exchanges mentioned here, but neither really look anywhere close to the experience.

It took awhile for Bitcoin sportsbooks to get close to the likes of bet365 (IMO they are still a little behind, but closing the gap fast). I fear it may still be awhile until we see a Bitcoin sports betting exchange that can compete.

Would be happy to be proved wrong...

[Josjac]

Cheers guys,agree re them two sites,potential for sure but a long way from what I'd be used too or indeed looking for at the minute.

Bookiepro look and feel last summer was more or less there as far as I can tell in terms of the user exchange  experience (backing/laying) but obviously trading was difficult  given the limited scope of the number of users and the amount of "currency" in play.

As we know an exchange lives or dies by it's liquidity!

I didn't join betfair til 2003 but would have liked to have seen the liquidity volumes in the very early years?

Is there anyone here that pre-dates 2003 and can remember how it was?

[Get-Paid.com]

You can use a betting agent with Bitcoin such as AsianConnect88, BetInAsia and others - and deposit your Bitcoin with them and withdraw via Bitcoin with them as well.

They can open for you an account with Orbit Exchange or 9Wickets which are BetFair clones!

This way you would participate, indirectly, in the real BetFair website - and would pay even smaller commissions (3% instead of 5% on the winnings).

[AB de Royse777]

You are in the right place to find a betting site which accept Bitcoin. There are already some good responses you can pick any from them or you can just explore the forum and find one suitable for you. You do not need to explore the entire forum, just explore the Gambling board

Cheers :-)

[meliquiades]

You can use a betting agent with Bitcoin such as AsianConnect88, BetInAsia and others - and deposit your Bitcoin with them and withdraw via Bitcoin with them as well.

They can open for you an account with Orbit Exchange or 9Wickets which are BetFair clones!

This way you would participate, indirectly, in the real BetFair website - and would pay even smaller commissions (3% instead of 5% on the winnings).

Couple of questions:

(1) My understanding was betting agents are only really for high rollers. Is that not the case anymore?

(2) Do Orbit / 9Wickets allow BTC deposits?

[arco-yabamba]

You can use a betting agent with Bitcoin such as AsianConnect88, BetInAsia and others - and deposit your Bitcoin with them and withdraw via Bitcoin with them as well.

They can open for you an account with Orbit Exchange or 9Wickets which are BetFair clones!

This way you would participate, indirectly, in the real BetFair website - and would pay even smaller commissions (3% instead of 5% on the winnings).

Couple of questions:

(1) My understanding was betting agents are only really for high rollers. Is that not the case anymore?

(2) Do Orbit / 9Wickets allow BTC deposits?

(1) That's my understanding as well. Another possible problem with these agents is that they act as a middleman between you and the exchange, which stops you being able to Back and Lay in real-time. Which defeats the purpose really.

(2) No, I couldn't see any mention of BTC deposits on their websites.

After digging a little deeper, I found that:
- Orbit minimum deposit is 500 EUR (!)
- 9 Wickets don't allow API access to Betfair.. which rules out most of the useful ways to interact with an exchange at scale.
- 9 Wickets don't allow Cash Out either... strange.

More info here:
https://acc-ex.com/9wickets/

[leea-1334]

I keep seeing people complain about liquidity at Fairlay but every time I check it out myself, I can see some pretty big orders there, for sure more than 1 BTC for even the lines I bet,,, I do not think there are that many whales who go for exchanges!

Keep promoting them and they will grow, just like OP says, Betfair took a long time to become popular and that is with fiat which almost everyone could use.

[arco-yabamba]

I keep seeing people complain about liquidity at Fairlay but every time I check it out myself, I can see some pretty big orders there, for sure more than 1 BTC for even the lines I bet,,, I do not think there are that many whales who go for exchanges!

Keep promoting them and they will grow, just like OP says, Betfair took a long time to become popular and that is with fiat which almost everyone could use.

I don't know what liquidity is like there, but the website is a nightmare to look at, let alone use. They have some very odd features and a lot of tech issues historically around bet matching errors. But they seem to be honest and doing their best, and that is to their credit.

I am not looking to 'promote' any product.. If the product is good and provides me with value opportunities, I will be a user.
I am amazed the BTC space doesn't yet have a dedicated betting exchange that is built to professional standards.

[Mister1k]

I think 1xbit works really well and has way more markets than betfair itself. I have a few friends who've switched from Betfair to 1xBit and they are satisfied with the results. I would throw in a word of caution about the scam accusations against them but I have been playing with them for over 2 years and never really faced any issues. They have a huge live betting markets as well. I have PM'd you about it sometime back. Do have a look into it. GL

Sorry, this is just spam. We are talking about betting exchanges.

If you find spam you can always report to moderator to take action on it to dude. I am not sure whether he explained the real experience on it or what. Public troll of any user id not recommended in the forum. Cheers.

[FrueGreads]

Hello Josjac, the ones I know of, were already recommended to you (Fairlay and BetBTC).
Once you try them out I would like to ask you to leave a vote in my rankings thread. You can vote for other bookies as well.

Here is the Sports Book rankings thread
https://bitcointalk.org/index.php?topic=1820529.0

Fairlay is actually ranked 3rd there, with 17 votes, so you can also check for players reviews on the thread as well.

Good luck!

[SyGambler]

You can use a betting agent with Bitcoin such as AsianConnect88, BetInAsia and others - and deposit your Bitcoin with them and withdraw via Bitcoin with them as well.

They can open for you an account with Orbit Exchange or 9Wickets which are BetFair clones!

This way you would participate, indirectly, in the real BetFair website - and would pay even smaller commissions (3% instead of 5% on the winnings).

Couple of questions:

(1) My understanding was betting agents are only really for high rollers. Is that not the case anymore?

(2) Do Orbit / 9Wickets allow BTC deposits?

1) no they aren't for high rollers , been using them for over a year a now and did many small deposits and withdrawals ( I'm using Asianconnect88 )

2) thing is that you aren't directly depositing to orbit or 9wickets , you create an account with asianconnect then you ask their support to open an account for you in orbit
they will create your account and send you your login details

after that you deposit bitcoin to asianconnect and transfer it to orbit , so both of your deposits and withdrawals are through the broker ( which is Asianconnect in my case )

they are really great and I'm using them a lot for horse racing

[arco-yabamba]

You can use a betting agent with Bitcoin such as AsianConnect88, BetInAsia and others - and deposit your Bitcoin with them and withdraw via Bitcoin with them as well.

They can open for you an account with Orbit Exchange or 9Wickets which are BetFair clones!

This way you would participate, indirectly, in the real BetFair website - and would pay even smaller commissions (3% instead of 5% on the winnings).

Couple of questions:

(1) My understanding was betting agents are only really for high rollers. Is that not the case anymore?

(2) Do Orbit / 9Wickets allow BTC deposits?

1) no they aren't for high rollers , been using them for over a year a now and did many small deposits and withdrawals ( I'm using Asianconnect88 )

2) thing is that you aren't directly depositing to orbit or 9wickets , you create an account with asianconnect then you ask their support to open an account for you in orbit
they will create your account and send you your login details

after that you deposit bitcoin to asianconnect and transfer it to orbit , so both of your deposits and withdrawals are through the broker ( which is Asianconnect in my case )

they are really great and I'm using them a lot for horse racing

Thanks for sharing your experience, very interesting.

How easy was it to set up the account with Asiaconnect?
And when you deposit BTC with them, how do they handle the conversion to fiat (and back again)?

[buwaytress]

I had really high hopes for OneHash. Check it out and you'll see what I mean. Design wise, far ahead of say fairlay, and really smooth navigation.

Only issue is very poor size of orders, and very limited markets, at least that would interest me.

They appear to be trying hard to gain users and volume so am always hopeful but if it took Betfair ages, not sure when we can expect the same. Got to focus on users for Bitcoin first I guess.

[SyGambler]

Thanks for sharing your experience, very interesting.

How easy was it to set up the account with Asiaconnect?
And when you deposit BTC with them, how do they handle the conversion to fiat (and back again)?

it's really easy mate , back when I started using them it was complicated and everything related to deposits and withdrawals was through support but now it's way easier
just create account with asianconnect then login to your dashboard , you can find all what you need there

they have 24/7 live support , you can ask them whatever questions you have and they reply really fast
for deposits and withdrawals you will see the rate in your dashboard once you want to make a deposit or withdrawal and the rates are really accurate

reason I recommend Asianconnect is that in my case they never asked for KYC , and their deposits and withdrawals fee are close to zero while other brokers take 1-2% on every transaction

[arco-yabamba]

it's really easy mate , back when I started using them it was complicated and everything related to deposits and withdrawals was through support but now it's way easier
just create account with asianconnect then login to your dashboard , you can find all what you need there

they have 24/7 live support , you can ask them whatever questions you have and they reply really fast
for deposits and withdrawals you will see the rate in your dashboard once you want to make a deposit or withdrawal and the rates are really accurate

reason I recommend Asianconnect is that in my case they never asked for KYC , and their deposits and withdrawals fee are close to zero while other brokers take 1-2% on every transaction

It sounds v decent, no KYC obviously a huge attraction. What is the commission rate? Does it work just like on Betfair (5-7% base rate with discounts for volume players)? Or better? And what about premium charge?
Really appreciate the info, bit of an eye-opener after using vanilla Betfair for so many years!

[SyGambler]

It sounds v decent, no KYC obviously a huge attraction. What is the commission rate? Does it work just like on Betfair (5-7% base rate with discounts for volume players)? Or better? And what about premium charge?
Really appreciate the info, bit of an eye-opener after using vanilla Betfair for so many years!

commission in both of Orbit and 9wickets is 3% on winnings , which is lower than the standard betfair but as I understood from support commissions don't get lower lower even if you wager hundred of thousands with them unlike betfair where high rollers get discounts

I didn't get what you mean about premium charge , can you explain it ?