DeFight.io - Decentralized Sportsbook - Create, Promote, Get Paid. - No KYC!

[beerlover]

Basically instead of having some sort of website for your own sportsbook you are using this platform as a betting platform for your own bets. You start an event like lets say premier league game x vs y, then you promote it online, or tell the people you know at least and everyone gets together and bets on any side and whenever one side wins the other side pays for both the winning side plus 3% of all the pot in the middle goes to you.

So, let's say 50 bucks said x will win and 50 bucks said y will win, the x won so instead of getting 100 bucks as win they get 97 bucks and you get the 3 bucks as rake. Now, the website surely gets some too I haven't checked that but this has been quite common in sportsbook world. Not sure if there was any with dapp method but the idea has been around.

[nakamura12]

I just we t ahead and visited your website to understand the concept. Frankly speaking I do not have a clue how it will work?  The next big question that  comes to my mind is that how will you guys earn?

What exactly does decentralised means? Your platform is being controlled by you. Which means it is a centralized sports book.

I think I know how they will earn. When a user create an event then people will bet on it and then when a person lose the bet then they will take an amount of it. I really don't know about it if how much percentage of the amount they will get to earn from bets that are losing and then rest will be rewarded to the winners. In my opinion, it's much the same as the other sportbook but the difference is that the events are decided by users in the site. Not 100% sure so it's better that the op should clarify this question.

[kryptqnick]

How much more these individuals can scam us! It is a scam. Try it! My friend.

Um, do you have any proof that this website is scamming people? Perhaps you are right, I don't deny it, but to me, it sounds like an interesting idea the op offers. Moreover, it seems that the financial operations are performed via smart contracts, so it might be that it's not even possible for the owner to scam people. Although what seems suspicious to me is that it's unclear what's the profitable part for the website's owner. I mean, people can bet on events or offer their own events and get the percentage of the pot. What about the website? What are the fees it takes or something?

[mlotis]

How much more these individuals can scam us! It is a scam. Try it! My friend.

Um, do you have any proof that this website is scamming people? Perhaps you are right, I don't deny it, but to me, it sounds like an interesting idea the op offers. Moreover, it seems that the financial operations are performed via smart contracts, so it might be that it's not even possible for the owner to scam people. Although what seems suspicious to me is that it's unclear what's the profitable part for the website's owner. I mean, people can bet on events or offer their own events and get the percentage of the pot. What about the website? What are the fees it takes or something?

There is a 5% fee on all events, the site takes fees on 2% of each event and the event creator gets 3%, unless the collateral used is BXY token (Beaxy.com), then the event creator takes all 5%. All actions are done via smart contracts and a 3rd party sports API to populate the event names and images. The only intervention allowed is disputes, which will be settled by the site admin if any of them arise.

I'd recommend looking into the site FAQ as most of the questions asked here are there (https://app.defight.io/#/faq)

[LUCKMCFLY]

How much more these individuals can scam us! It is a scam. Try it! My friend.

Um, do you have any proof that this website is scamming people? Perhaps you are right, I don't deny it, but to me, it sounds like an interesting idea the op offers. Moreover, it seems that the financial operations are performed via smart contracts, so it might be that it's not even possible for the owner to scam people. Although what seems suspicious to me is that it's unclear what's the profitable part for the website's owner. I mean, people can bet on events or offer their own events and get the percentage of the pot. What about the website? What are the fees it takes or something?

There is a 5% fee on all events, the site takes fees on 2% of each event and the event creator gets 3%, unless the collateral used is BXY token (Beaxy.com), then the event creator takes all 5%. All actions are done via smart contracts and a 3rd party sports API to populate the event names and images. The only intervention allowed is disputes, which will be settled by the site admin if any of them arise.

I'd recommend looking into the site FAQ as most of the questions asked here are there (https://app.defight.io/#/faq)

Is there any way they can lower rates a bit? It is only a suggestion, to make people more attractive, when he is the creator of the event, there is an incentive, but seeing it from the player's point of view is a bit strong. Have you considered thinking about implementing Lightning Network to the platform to include payments with BTC? Many players prefer to use BTC.

[bitcoin-shark]

the idea seems interesting to me, to create my own bet to advertise with friends, in exchange for the users brought to the site to bet you are rewarded with 3% of the pot in eth for example, the site does not seem really decentralized, but i believe that i will try anyway,at the moment there is only one active bet, you need a lot more advertising...

[mlotis]

the idea seems interesting to me, to create my own bet to advertise with friends, in exchange for the users brought to the site to bet you are rewarded with 3% of the pot in eth for example, the site does not seem really decentralized, but i believe that i will try anyway,at the moment there is only one active bet, you need a lot more advertising...

Can you explain to me what part don't you think is decentralized?

[mlotis]

How much more these individuals can scam us! It is a scam. Try it! My friend.

Um, do you have any proof that this website is scamming people? Perhaps you are right, I don't deny it, but to me, it sounds like an interesting idea the op offers. Moreover, it seems that the financial operations are performed via smart contracts, so it might be that it's not even possible for the owner to scam people. Although what seems suspicious to me is that it's unclear what's the profitable part for the website's owner. I mean, people can bet on events or offer their own events and get the percentage of the pot. What about the website? What are the fees it takes or something?

There is a 5% fee on all events, the site takes fees on 2% of each event and the event creator gets 3%, unless the collateral used is BXY token (Beaxy.com), then the event creator takes all 5%. All actions are done via smart contracts and a 3rd party sports API to populate the event names and images. The only intervention allowed is disputes, which will be settled by the site admin if any of them arise.

I'd recommend looking into the site FAQ as most of the questions asked here are there (https://app.defight.io/#/faq)

Is there any way they can lower rates a bit? It is only a suggestion, to make people more attractive, when he is the creator of the event, there is an incentive, but seeing it from the player's point of view is a bit strong. Have you considered thinking about implementing Lightning Network to the platform to include payments with BTC? Many players prefer to use BTC.

The incentive goes to the event creators because they do the leg work to promote the events, if anything, I would probably increase the percentage that goes to them since without event creators no events would get created. The inevitable payout of winning is the incentive for players, they don't need to do anything but buy in. Regarding Bitcoin, it's not possible, as this is 100% decentralized platform running on the Ethereum network, we have no back-end to create BTC deposit addresses or even hold Bitcoin. The site is non-custodial, meaning the site never holds your funds. Each event is a unique smart contract and smart contract holds the funds for each event.

[mlotis]

Basically instead of having some sort of website for your own sportsbook you are using this platform as a betting platform for your own bets. You start an event like lets say premier league game x vs y, then you promote it online, or tell the people you know at least and everyone gets together and bets on any side and whenever one side wins the other side pays for both the winning side plus 3% of all the pot in the middle goes to you.

So, let's say 50 bucks said x will win and 50 bucks said y will win, the x won so instead of getting 100 bucks as win they get 97 bucks and you get the 3 bucks as rake. Now, the website surely gets some too I haven't checked that but this has been quite common in sportsbook world. Not sure if there was any with dapp method but the idea has been around.

You got it. Site takes 2%, so the flat fee for any event is 5%.