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Author Topic: Exbet is LIVE >> The Bitcoin Betting Exchange [exbet.io]  (Read 13447 times)
exbet.io (OP)
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September 25, 2019, 08:26:34 PM
Last edit: December 21, 2020, 10:28:22 AM by exbet.io
Merited by suchmoon (4)
 #1



Exbet is now LIVE at exbet.io

Exbet is a Betting Exchange where you can Back, Lay, and Trade on sports using Bitcoin.

Exbet Betting Exchange gives the crypto sports betting community the P2P trading platform it deserves.

"It looks like we may finally have a Betfair for the Bitcoin age" - CryptoGamblingNews.com
https://www.cryptogamblingnews.com/news/exbet-bitcoin-betting-exchange/

Why use Exbet?
- Bitcoin betting exchange - Back, Lay, Trade
- Be the bookie - set your own prices
- Trade market movements, not just the sport
- Superb Betfair-style UI for easy bet placement and editing
- 1% commission, no hidden charges
- Exbet API allows algorithmic trading and market making

Check us out on Twitter!

++++++++++++

Exbet Public Beta
As a small thank you to all Bitcointalk members who took part in our Public Beta back in late 2019 (Full Member rank and higher) we held a prize draw for all participants, with one prize of 5 mBTC and five runners up prizes of 1 mBTC. These prizes will be credited to the Exbet account of winners after launch later in 2020. The prize funds will not be subject to any turnover conditions before withdrawal. Prize winners will be posted on this thread.

We appreciate all the feedback from Exbet Public Beta, and looking forward to full launch later this year.

Regards
The Exbet Team

Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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Oilacris
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September 25, 2019, 08:36:02 PM
 #2

"betting exchange will provide the crypto sports betting community with the P2P trading platform it deserves."

Rare to see these kind of sites collaborate two different areas.I might consider on following this one.

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exbet.io (OP)
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September 25, 2019, 08:47:41 PM
 #3

Thanks Oilacris, we aim to provide real value to the crypto betting space.

Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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September 25, 2019, 09:00:23 PM
 #4

Don't you consider opening up a bounty on the altcoin section. This will further help to advertise your site to gamblers. Just a suggestion though.
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September 25, 2019, 09:13:58 PM
 #5

Don't you consider opening up a bounty on the altcoin section. This will further help to advertise your site to gamblers. Just a suggestion though.

Yes, it is a good suggestion for when exbet.io goes LIVE (later in 2019).

But the Closed Beta that starts next week, October 1st (using "play money" Bitcoin) is to get feedback on the betting exchange from a smaller group of users before we go live. So we think this thread is enough for now.

Thanks!

Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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September 26, 2019, 03:46:36 AM
 #6

Remember to check that rule carefully, because running anything which breaks that rule will result in serious issues for both Exbet.io (OP) and participants in such thread.
Altcoin give-away rule results in temporary bans. Read before posting.

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September 26, 2019, 03:55:14 AM
 #7

I visit on your site. I see that the announcement page in front of your homepage. We need to subscribe before we can take a look at the inside of the website. I wonder how to close the announcement with the subscribe page so we can see what is inside the site without subscribing. I think that will be good if you can give a close button to the visitor so they can skip the subscribe page and they can read the early news on your site.

But that will be up to you, that is only a suggestion, you can use it if you want. But we cannot give advice without we can see the inside of the site. I hope that your site can achieve success in the short and long term goals so you can get more visitor to gamble on your website.
exbet.io (OP)
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September 26, 2019, 05:40:20 AM
 #8

Remember to check that rule carefully, because running anything which breaks that rule will result in serious issues for both Exbet.io (OP) and participants in such thread.
Altcoin give-away rule results in temporary bans. Read before posting.

Thanks - we do not want to break any forum rules.
We can't see any rules in that link that we are breaking - our prize draw for Beta participants is Bitcoin, not altcoin. And the feebdback will be given offsite - we are not asking users to spam post on this thread. But if anyone thinks we are breaking rules, let us know   Smiley

Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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September 26, 2019, 05:48:34 AM
 #9

Thanks - we do not want to break any forum rules.
We can't see any rules in that link that we are breaking - our prize draw for Beta participants is Bitcoin, not altcoin. And the feebdback will be given offsite - we are not asking users to spam post on this thread. But if anyone thinks we are breaking rules, let us know   Smiley
Nope, I simply gave you information, just in case you intend to run altcoin giveaways, that will not result in permanently ban, but sure temporary one (the period of temporary ban might be different from case to case, and from moderator to moderator).

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September 26, 2019, 07:52:34 AM
 #10

Awesome. The crypto community need a lot more BTC exchanges since Fairlay is the only legit exchange with decent liquidity at present thanks to BetBtc converting into a sportsbook sometime back.

Suggestions:

-I advise running a BTC signature campaign by hiring a reputed manager later on in order to help promote your exchange op instead of relying on giveaways.

-Also, the 1% commission structure is decent, but it should go down the more me wager on your exchange just like Fairlay.

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exbet.io (OP)
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September 26, 2019, 11:10:45 AM
 #11

Awesome. The crypto community need a lot more BTC exchanges since Fairlay is the only legit exchange with decent liquidity at present thanks to BetBtc converting into a sportsbook sometime back.

Suggestions:

-I advise running a BTC signature campaign by hiring a reputed manager later on in order to help promote your exchange op instead of relying on giveaways.

-Also, the 1% commission structure is decent, but it should go down the more me wager on your exchange just like Fairlay.

Thanks Haunebu.

Agree that when exbet.io goes live, a BTC signature campaign would be very good idea to consider.

Commission structuring is an interesting question. Some exchanges (Betfair) use a rebate model, while others (Matchbook, Smarkets) use a flat rate. We believe 1% flat rate is both competitive for experienced exchnage users, and simple to understand for people who are new to betting exchanges. But wWe will certainly be listening to sensible feedback like yours on this issue.

Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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September 26, 2019, 11:57:48 AM
 #12

Hello, I want to participate in the closed beta of exbet.io ...... The commission of 1% is excellent compared to competitors ... It would be desirable to use stablecoin instead of BTC
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September 26, 2019, 11:59:37 AM
 #13

I visit on your site. I see that the announcement page in front of your homepage. We need to subscribe before we can take a look at the inside of the website. I wonder how to close the announcement with the subscribe page so we can see what is inside the site without subscribing. I think that will be good if you can give a close button to the visitor so they can skip the subscribe page and they can read the early news on your site.

But that will be up to you, that is only a suggestion, you can use it if you want. But we cannot give advice without we can see the inside of the site. I hope that your site can achieve success in the short and long term goals so you can get more visitor to gamble on your website.

Thanks for comment, pieppiep.
You're right, the Closed Beta is not available until October 1st, next week. If you would like to take part, let us know here or in DM.

Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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September 26, 2019, 02:13:47 PM
 #14

A bitcoin betting exchange but the services offered are not in accordance or what an exchange does, the services are like that of a day to day bitcoin gambling site.
Even if it was an exchange people will not most likely exchange there bitcoin in an exchange with connection to gambling
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September 26, 2019, 02:36:58 PM
 #15

I have reviewed your link here and it is informative, however I have subscribed and the email has reached my inbox but I have not been able to update my preferences, however through Twitter I saw the announcement that they have launched. To update the preferences I got an msg like this:



In my inbox there is no link to do it ....



The letters marked in Blue do not direct me anywhere.

I will be watching. Thank you.

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September 26, 2019, 05:51:36 PM
 #16

I will be watching. Thank you.

Yes, we saw you got in touch on Twitter also, welcome!

A bitcoin betting exchange but the services offered are not in accordance or what an exchange does, the services are like that of a day to day bitcoin gambling site.
Even if it was an exchange people will not most likely exchange there bitcoin in an exchange with connection to gambling

exbet.io is a betting exchange. A betting exchange allows you to trade bets, not currency.

Betfair is a good example of a betting exchange.

exbet.io is like Betfair but we use Bitcoin as the staking currency, instead of fiat.


Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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September 26, 2019, 06:40:06 PM
 #17

Hello, I want to participate in the closed beta of exbet.io ...... The commission of 1% is excellent compared to competitors ... It would be desirable to use stablecoin instead of BTC

Hello elebor77, thanks for your interest! We added you to the list and will be in touch with details about how to access the Closed Beta next week  Smiley

Bitcoin vs stablecoin - there are pros and cons to each. Bitcoin's price volatility can of course be an issue for some, but we are committed to a crypto-native vision. It's a longer term play, but one we believe in.

Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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September 26, 2019, 10:53:27 PM
 #18

Upon visiting your site I noticed that we need to subscribe myemail to get announcement on your betting exchange site.
Do you have an exact date when your site launch? Its better to add a countdown on your site, I hope you will get more player.Good luck!!

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September 27, 2019, 06:01:54 AM
 #19

Upon visiting your site I noticed that we need to subscribe myemail to get announcement on your betting exchange site.
Do you have an exact date when your site launch? Its better to add a countdown on your site, I hope you will get more player.Good luck!!

Hello dark08. We will also be making all announcements here on this bitcointalk thread, so hopefully that works for you  Wink When we get a definite date for going LIVE we will definitely put that on the website and announce here.

Thank you for the good luck message!

Exbet is LIVE | The Bitcoin Betting Exchange | Back, Lay, and Trade Sports | 1% Commission | NFL, NBA, Soccer & Cricket
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September 27, 2019, 07:22:50 AM
 #20

Commission structuring is an interesting question. Some exchanges (Betfair) use a rebate model, while others (Matchbook, Smarkets) use a flat rate. We believe 1% flat rate is both competitive for experienced exchnage users, and simple to understand for people who are new to betting exchanges. But wWe will certainly be listening to sensible feedback like yours on this issue.
Good to know that you guys are listening to community feedback properly. I agree that a 1% flat commission rate would definitely be competitive, but I suggest implementing some kind of VIP tier system in order to make it even more competitive as I suggested earlier.

This would give your exchange an extra bonus point and would definitely draw in more punters. Liquidity is another factor which needs to be addressed to make your exchange more competitive.

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