Exbet is LIVE >> The Bitcoin Betting Exchange [exbet.io]

[exbet.io]

hiccups?

We suggest drinking water backwards. Or holding breath 

Should be another few hours... hold on to your hats.

Clock is ticking - I prepared some beer(s) for tonight's Nation League matches - will we be able to bet on these on Exbet???

Yes, you should be able to bet on Nation League tonight.

Launch soon!

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[exbet.io]

hiccups?

We suggest drinking water backwards. Or holding breath 

Should be another few hours... hold on to your hats.

We all waiting for launch to know, how it is and how much liquidity there, in Exchange without liquidity and low spread is waste of time.

Great to have you here waiting, deadley. As we all know, liquidity takes time to build.. but we hope the liquidity is strong enough an Day 1 to support first users.

[exbet.io]

Dear Bitcointalk people

Exbet is now LIVE!

Please go to exbet.io and take a look 

We'd like to thank everyone on this thread for their support and feedback so far. And we look forward to plenty more of your advice and thoughts on how Exbet can become the betting exchange we want it to be.

Anyway.. today is a special day for our team. We are very pleased to finally share Exbet with you all.

Regards
The Exbet Team

[efialtis]

Dear Bitcointalk people

Exbet is now LIVE!

Please go to exbet.io and take a look 

We'd like to thank everyone on this thread for their support and feedback so far. And we look forward to plenty more of your advice and thoughts on how Exbet can become the betting exchange we want it to be.

Anyway.. today is a special day for our team. We are very pleased to finally share Exbet with you all.

Regards
The Exbet Team

Congrats! Heading over to the site right away and will be making a news post on my site shortly as well! All the best to you!

[exbet.io]

Dear Bitcointalk people

Exbet is now LIVE!

Please go to exbet.io and take a look 

We'd like to thank everyone on this thread for their support and feedback so far. And we look forward to plenty more of your advice and thoughts on how Exbet can become the betting exchange we want it to be.

Anyway.. today is a special day for our team. We are very pleased to finally share Exbet with you all.

Regards
The Exbet Team

Congrats! Heading over to the site right away and will be making a news post on my site shortly as well! All the best to you!

Thanks efialtis! All soft launch accounts have been enabled again now that we have launched for real, but please let us know if things aren't working smoothly.

[Intrepidity]

I have 1.4 in account

i offer bet (lay england) & 1.76 stake=1
so =liab .76



I now cannot lay the draw @ 3.6 stake 0.5 =liab 1.3

insufficient fund error comes up

[qory]

Dear Bitcointalk people

Exbet is now LIVE!

Please go to exbet.io and take a look 

We'd like to thank everyone on this thread for their support and feedback so far. And we look forward to plenty more of your advice and thoughts on how Exbet can become the betting exchange we want it to be.

Anyway.. today is a special day for our team. We are very pleased to finally share Exbet with you all.

Regards
The Exbet Team

Congrats exbet on your launch! I do like the simple design it might be simple but it's elegant design do you offer some promotions if not do you mind having in the future?

[efialtis]

I have placed my first bet without problems - of course on tonight's Greece match!

[exbet.io]

Congrats exbet on your launch! I do like the simple design it might be simple but it's elegant design do you offer some promotions if not do you mind having in the future?

hi qory, thanks for checking the site out!

On this issue of promotions, Exbet is a betting exchange and so the normal promotions that you see on sportsbooks don't really make sense. tyKiwanuka put it best earlier in this thread:

It could be anything, maybe free bets for everyone who register on Day 1. 

This is not your traditional bookmaker and thus it makes no sense to give any free bets or bonuses. Any bonus given will be 100% lost money for Exbet (if we disregard commission) - a traditional bookmaker gets the overwhelming majority of their bonus money back, which makes it worth for them. Exbet doesn't earn anything with punters losing bets (=losing free bets/bonus money), they just live by 1% commission from winning bets.

I have placed my first bet without problems - of course on tonight's Greece match!

Good luck efilatis!

[romero121]

Is the site is down, I've tried with different browsers. I wasn't able to access exbet.io, with chrome the page is loading and nothing is visible on the landing page. After a long time the page is visible, the network is quite strong. Anyhow finally I was into exbet.io, and the interface is simple and easy usable.

exbet.io is registered on Curacao, I saw one of the casino registered with Curacao, but people from Curacao is restricted to use that respective website. Does exbet.io have any such limitations/restrictions.

[Intrepidity]

@exbet.io

what about the liabilty issue?

[ronaldo40]

Congrats exbet on your launch! I do like the simple design it might be simple but it's elegant design do you offer some promotions if not do you mind having in the future?

it's not common bookmaker they are betting exchange, i think some people are still confused about the two.  anyways congratulations on your launch many people waited on your launch and now you are now live.

[exbet.io]

Is the site is down, I've tried with different browsers. I wasn't able to access exbet.io, with chrome the page is loading and nothing is visible on the landing page. After a long time the page is visible, the network is quite strong. Anyhow finally I was into exbet.io, and the interface is simple and easy usable.

exbet.io is registered on Curacao, I saw one of the casino registered with Curacao, but people from Curacao is restricted to use that respective website. Does exbet.io have any such limitations/restrictions.

Thanks for checking out Exbet, romero121.

Yes, there are some restricted territories, as required by the Curacao license.
For example the US, Netherlands, and Curacao.

@exbet.io

what about the liabilty issue?

hey Intrepidity, which liability issue is that?

[Fredomago]

Is the site is down, I've tried with different browsers. I wasn't able to access exbet.io, with chrome the page is loading and nothing is visible on the landing page. After a long time the page is visible, the network is quite strong. Anyhow finally I was into exbet.io, and the interface is simple and easy usable.

exbet.io is registered on Curacao, I saw one of the casino registered with Curacao, but people from Curacao is restricted to use that respective website. Does exbet.io have any such limitations/restrictions.

No any experienced issues from my end, the sites loads fast and like what you have said everything is simple and easy, don't have funds yet but soon once I've got spare I'll try it out.

Congrats Exbet, now everything is fully functional and gamblers/bettors can start enjoying the platforms and choose events that they've wanted to gamble with.

Let see how this first day will bring decent traffics and volumes for more available
sports to be added.

[Intrepidity]

the one about 6 posts above this

I have 1.4 in account

i offer bet (lay england) & 1.76 stake=1
so =liab .76



I now cannot lay the draw @ 3.6 stake 0.5 =liab 1.3

insufficient fund error comes up

[exbet.io]

the one about 6 posts above this

I have 1.4 in account

i offer bet (lay england) & 1.76 stake=1
so =liab .76



I now cannot lay the draw @ 3.6 stake 0.5 =liab 1.3

insufficient fund error comes up

Ah sorry, we missed that.

So, there are two checks on Exbet to see how much mB is required to fund a bet:
1. Check before placement if you have enough funds for the whole stake of the bet in isolation, without considering liability
2. Check after placement to see what funds are required after taking overall liability in that market into account

We believe that your final lay bet is failing at step 1, so that it doesn't get to step 2. This could cause some frustration, as you have experienced, but currently the system is engineered this way intentionally. We hope that explains it, thanks for taking the time to post.

[Intrepidity]

 I can see no reason why someone would intentionally programme this way.
All It will result in is 10x less liquidity.

Without liquidity the exchange has no chance of success.

[BitellerRewards]

Congrats on the launch Exbet!!  Site looks very well put together ... with any exchange liquidity is the key ... so fingers crossed for high volumes .... being Canadian its great to have an option to exchange bet again .... all other "bigger" exchanges are a no go for us ... good luck!!  

[exbet.io]

I can see no reason why someone would intentionally programme this way.
All It will result in is 10x less liquidity.

Without liquidity the exchange has no chance of success.

hi Intrepidity, the issue you encountered is an edge case - it only occurs where a new bet's stake/liability exceeds the funds left in the user's account. We do not believe this feature will significantly affect liquidity in any way (although we do not underestimate the general challenge of building liquidity on Exbet). But we appreciate you bringing this up and will take it back to our dev team for review. Thanks!

Congrats on the launch Exbet!!  Site looks very well put together ... with any exchange liquidity is the key ... so fingers crossed for high volumes .... being Canadian its great to have an option to exchange bet again .... all other "bigger" exchanges are a no go for us ... good luck!! 

Thanks BitellerRewards, really appreciate the kind words
We are well aware of the lack of exchange options for you folks in Canada, and hope to be able to fill that gap. Liquidity is the alpha and omega, like you say. We're working on this hard behind the scenes.
Regards

[Intrepidity]

[/quote]

hi Intrepidity, the issue you encountered is an edge case - it only occurs where a new bet's stake/liability exceeds the funds left in the user's account. We do not believe this feature will significantly affect liquidity in any way (although we do not underestimate the general challenge of building liquidity on Exbet). But we appreciate you bringing this up and will take it back to our dev team for review. Thanks!



[/quote]

i see what you are saying, but have you thought of this scenario?

A punter pre match has a backof 1 @ odds of 4, this is his total account balnce so his balance now is 0

with 5 mins to go his team is winning and he wants to trade his bet so he wins whatever the result.

On what you are saying he will not be able too. when the equaliser arrives you will have a disgruntled punter.

Not knocking your site, think you have done a great job, but this is serious flaw.