wsbofficial (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/lamp.gif) |
May 16, 2019, 06:06:02 AM |
|
hey guys we're looking for A user that can provide trusted escrow services for sports betting products that we plan on running on bitcoin talk we'll be offering daily and future betting markets with maximum betting markets of between 5 to 10BTC
this is how we wish to utilize escrow services
1) gamblers will send money to A trusted Escrow BTC wallet 2a) if a bet wins the bet stake is send back to the deposit wallet with the remanding winning BTC to be sent from wsb cold wallets 2b) if a bet losses the escrow will send the bet stake to a nominated wsb btc wallet
the escrow will also be responsible for 1) refunding bet stakes to client btc deposit wallets after we have closed betting markets and 2) refunding bet stakes to client btc deposit wallets if the stake goes over the maximum bet limit
thanks guys please pm with any questions or with your interest in providing these services
|
|
|
|
LoyceV
Legendary
Offline
Activity: 3416
Merit: 17277
Thick-Skinned Gang Leader and Golden Feather 2021
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 06:08:56 AM |
|
2a) if a bet wins the bet stake is send back to the deposit wallet with the remanding winning BTC to be sent from wsb cold wallets If the escrow doesn't hold the amount to be won, what guarantee does a player have that you'll pay out his winnings?
|
|
|
|
wsbofficial (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 06:19:13 AM |
|
2a) if a bet wins the bet stake is send back to the deposit wallet with the remanding winning BTC to be sent from wsb cold wallets If the escrow doesn't hold the amount to be won, what guarantee does a player have that you'll pay out his winnings? ok we are looking at stakes of 10/1 15/1 to 20/1 with a maximum bet pool of 10BTC how many escrows on here would you trust with 200BTCs
|
|
|
|
petahasher
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 316
Merit: 25
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 06:21:50 AM |
|
I'll step in -
Ok, obviously I'm not too trusted, but I can do it with multi-sig? Are you expecting that for all transactions? Or the escrow gets full control of the BTC?
|
|
|
|
wsbofficial (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 06:36:12 AM |
|
ideally we are looking for a legendary member and they will have full control of the BTC all betting pools will be between 5Btc to 10Btc
Our first offering will be a futures market we will only accept a maximum of 10Btc @ 30/1
Golden State to WIN nba championship Australia to WIN CWC Liverpool FC to WIN CL Nadal to WIN the French Open
|
|
|
|
yahoo62278
Legendary
Online
Activity: 3710
Merit: 4496
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 07:16:01 AM |
|
Wouldn't it be easier to just open a sportsbetting site? Seems like if you have a large amount of bitcoin to pay these bets, assuming players win, you should be able to get a site coded.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
wsbofficial (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 07:24:29 AM |
|
im a domestic sports bet trader for a sportsbook atm so it leaves my options very limited, i'm launching a website and a betting product very soon it's a live betting platform and battle arena for robots like robot wars in 2005
|
|
|
|
stadus
Legendary
Offline
Activity: 3206
Merit: 1303
Hhampuz for Campaign management
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 07:33:50 AM |
|
Honestly though this is complicated, what odds will you offer? will your odds will be different from the popular sportsbook? I'm afraid people abuse it using arbitrage betting, and speaking of the amount, since it's a decent amount, the escrow fee you have to pay will be higher as well.
|
| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
|
|
|
Parodium
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1036
Merit: 332
DMs have been disabled. I am busy.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 07:40:59 AM |
|
I recommend using either a highly trusted member, or a multi-sig wallet with lesser trusted members.
|
|
|
|
wsbofficial (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 07:43:52 AM |
|
ideally escrow fees should be 1 percent, bet stakes and max betting markets will be limited to 5 to 10btc, as we are providing sportsbet multis/accumulators arbitrage betting shouldn't be an issue and by using the bitcointalk.org platform and having bitcoin wallet addresses public this simplifies the betting process
|
|
|
|
wsbofficial (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 07:50:32 AM |
|
I recommend using either a highly trusted member, or a multi-sig wallet with lesser trusted members.
thanks Parodium do you have anyone in mind
|
|
|
|
|
wsbofficial (OP)
Newbie
Offline
Activity: 8
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 08:37:07 AM |
|
thanks shdvb we will be using bL4nkcode for our first couple of bets then ill reassess from there
|
|
|
|
Parodium
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1036
Merit: 332
DMs have been disabled. I am busy.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 08:51:00 AM Last edit: May 16, 2019, 11:20:44 AM by Parodium |
|
I recommend using either a highly trusted member, or a multi-sig wallet with lesser trusted members.
thanks Parodium do you have anyone in mind There are only a few members I think can be trusted with these amounts, e.g. Lauda, MinerJones and DarkStar_ If you're going to go the multi-sig route, I'll throw my hat into the ring also. Edit: make sure anybody you deal with can prove they have held at least 10 BTC in escrow in the past.
|
|
|
|
shdvb
Legendary
Offline
Activity: 1606
Merit: 1001
Click the globe below to talk on live chat!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2019, 08:58:58 AM |
|
thanks shdvb we will be using bL4nkcode for our first couple of bets then ill reassess from there
Okay no worries.
|
|
|
|
|