betller.io (OP)
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October 31, 2019, 11:38:42 AM Last edit: January 22, 2020, 07:42:08 PM by betller.io |
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panjul07
Legendary
Offline
Activity: 3654
Merit: 1369
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October 31, 2019, 12:12:42 PM |
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Are you using 3rd party data for the price movement such as shapeshift or coincap? Or maybe you have your own real-live price data for the game you offer? Just to make sure that there wont be any manipulation of the price movement, so it should be clear where is the source of your price movement data. How about the fees? If you are taking fees for every single game then how much you take? Checked your site for a while and I can see that the minimum bet is 20k satoshi by default and it seems that it is indeed the minimum allowed bet which means that we cant bet lower than 20k satoshi. I suggest you to reduce it a bit, or at least give new users a one time bonus so it will attract new players to come and play. Surely you can set a requirement for the bonus such as wagering requirement so it wont be easy to be abused.
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betller.io (OP)
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October 31, 2019, 12:31:28 PM |
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Are you using 3rd party data for the price movement such as shapeshift or coincap? Or maybe you have your own real-live price data for the game you offer? Just to make sure that there wont be any manipulation of the price movement, so it should be clear where is the source of your price movement data. How about the fees? If you are taking fees for every single game then how much you take? Checked your site for a while and I can see that the minimum bet is 20k satoshi by default and it seems that it is indeed the minimum allowed bet which means that we cant bet lower than 20k satoshi. I suggest you to reduce it a bit, or at least give new users a one time bonus so it will attract new players to come and play. Surely you can set a requirement for the bonus such as wagering requirement so it wont be easy to be abused.
Hi. Thanks for your feedback! We use binance https://www.binance.com/en/trade/BTC_USDT API price data for every game. All games are 100% manipulation-free. We only profit from collecting service fees. The platform automatically debited 5% of each user win. We will consider the possibility of reducing the amount of the bet to 10k sat and add a 'Daily streak bonus' to all our customers. It's a great opportunity to test Betller.
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pakhitheboss
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October 31, 2019, 12:53:22 PM |
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In order to increase user base, you should start with deposit bonus rather than running a wagering contest. I was going through the contest and bonus page and was not happy with it. To attract new user you have to offer something from your pocket first. Your competitors are doing it why can't you?
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betller.io (OP)
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October 31, 2019, 12:59:35 PM |
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In order to increase user base, you should start with deposit bonus rather than running a wagering contest. I was going through the contest and bonus page and was not happy with it. To attract new user you have to offer something from your pocket first. Your competitors are doing it why can't you?
Hello, pakhitheboss Daily streak bonus page under development and will be adding at next week.
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Mahanton
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October 31, 2019, 02:28:03 PM |
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Are you using 3rd party data for the price movement such as shapeshift or coincap? Or maybe you have your own real-live price data for the game you offer? Just to make sure that there wont be any manipulation of the price movement, so it should be clear where is the source of your price movement data. How about the fees? If you are taking fees for every single game then how much you take? Checked your site for a while and I can see that the minimum bet is 20k satoshi by default and it seems that it is indeed the minimum allowed bet which means that we cant bet lower than 20k satoshi. I suggest you to reduce it a bit, or at least give new users a one time bonus so it will attract new players to come and play. Surely you can set a requirement for the bonus such as wagering requirement so it wont be easy to be abused.
Hi. Thanks for your feedback! We use binance https://www.binance.com/en/trade/BTC_USDT API price data for every game. All games are 100% manipulation-free. We only profit from collecting service fees. The platform automatically debited 5% of each user win. We will consider the possibility of reducing the amount of the bet to 10k sat and add a 'Daily streak bonus' to all our customers. It's a great opportunity to test Betller. So this do like an options trading but on a PvP way style of betting.It do reminds be of this site with Betinance where people need to choose up which direction the prices would go.Good thing to look at that it do make use of Binance API.Also i love the 5% deduction on each win made not like on traditional options that do give out 1.7-1.8 to their right predictions.
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logfiles
Copper Member
Legendary
Offline
Activity: 2156
Merit: 1813
Top Crypto Casino
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October 31, 2019, 02:56:01 PM |
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How are you going to ensure that the refferal program is not going to be manipulated by cheats since there won't be any KYC implemented? What will stop someone from creating multiple accounts and the use them to earn rewards from the referring account?
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CryptoVzla
Sr. Member
Offline
Activity: 560
Merit: 290
www.thegeomadao.com
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October 31, 2019, 03:24:51 PM |
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Hello sir, im just wondering why theres so many declined bet on all betting history? is that means they lose on thier predictions or something just weird, almost all betting history on website are status Declined
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NJB18
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October 31, 2019, 03:36:46 PM |
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This is a unique game. I was also into trading before but not leveraging. I don't know how much fees on leverage because normal exchanges like Bittrex and Poloniex in crypto currencies only have 0.5% or below. This game has a 5% fees on winnings.
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joksim299
Legendary
Offline
Activity: 2198
Merit: 1014
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October 31, 2019, 03:59:10 PM |
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Contest bonus promotion is awful
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ryzaadit
Legendary
Offline
Activity: 2646
Merit: 1257
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October 31, 2019, 04:53:06 PM |
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Betting?
I think it's just like an options trading, you just need to put your bet and choice where the price it's going will be "Up or "Down with some interval times. The difference they make a pool for the prize, it's better using an option platform trading you can get profit with around 75-85% from the amount you bet also you also get a feature tools trading to predict the price.
It's kinda scared for me, if they manipulated the movement/graphic price of bitcoin on their platform. However you should make a "proof of fairness" for your betting history, since everyone don't knows how to verify the fairness of the prize movement on your platform.
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kryptqnick
Legendary
Offline
Activity: 3276
Merit: 1402
Join the world-leading crypto sportsbook NOW!
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October 31, 2019, 06:33:23 PM |
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Are you using 3rd party data for the price movement such as shapeshift or coincap? Or maybe you have your own real-live price data for the game you offer? Just to make sure that there wont be any manipulation of the price movement, so it should be clear where is the source of your price movement data. How about the fees? If you are taking fees for every single game then how much you take? Checked your site for a while and I can see that the minimum bet is 20k satoshi by default and it seems that it is indeed the minimum allowed bet which means that we cant bet lower than 20k satoshi. I suggest you to reduce it a bit, or at least give new users a one time bonus so it will attract new players to come and play. Surely you can set a requirement for the bonus such as wagering requirement so it wont be easy to be abused.
Hi. Thanks for your feedback! We use binance https://www.binance.com/en/trade/BTC_USDT API price data for every game. All games are 100% manipulation-free. We only profit from collecting service fees. The platform automatically debited 5% of each user win. We will consider the possibility of reducing the amount of the bet to 10k sat and add a 'Daily streak bonus' to all our customers. It's a great opportunity to test Betller. It's good that you use objective data from an independent source for this game. The whole idea is quite catchy, it's engaging to follow the price dynamics and bet on it. But I am not sure I understand how it's PvP bets. Is it, like, whose prediction was the closest to the truth? If so, is there a certain range into which another player cannot enter? I mean, if one predicts that the price will be, say, $9300, can another player bet on $9305..? Or how does this prediction game work? And by the way, why is it just PvP, why not player versus what really happens? Say, the player says the price will be below $9k. If it's truly below, the player wins. If not, the player loses. Maybe these questions are irrelevant and I just don't get how this specific game works. Sorry about that.
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notblox1
Legendary
Offline
Activity: 2240
Merit: 1314
Logo Designer ⛨ BSFL Division1
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October 31, 2019, 06:51:37 PM |
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We use binance https://www.binance.com/en/trade/BTC_USDT API price data for every game. All games are 100% manipulation-free. We only profit from collecting service fees. The platform automatically debited 5% of each user win. We will consider the possibility of reducing the amount of the bet to 10k sat and add a 'Daily streak bonus' to all our customers. It's a great opportunity to test Betller. How about lowering that 5% fee for first users or some other promotion. Do we need to register with our personal information and is there mandatory KYC or not? I also wonder how much is withdrawal fee?
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rijaljun
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October 31, 2019, 07:06:29 PM |
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The platform automatically debited 5% of each user win.
Means 5% for the fee? That's pretty high I think. And betting on price movements is just like an option trading, is there any different between both?
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Nadziratel
Sr. Member
Offline
Activity: 1568
Merit: 321
★777Coin.com★ Fun BTC Casino!
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October 31, 2019, 07:09:07 PM |
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Am I wrong or is it another call / put game platform?
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jz00
Member
Offline
Activity: 108
Merit: 10
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October 31, 2019, 07:10:30 PM |
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is site fully up and running? doesnt look like it
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AmoreJaz
Legendary
Offline
Activity: 3276
Merit: 1103
Leading Crypto Sports Betting & Casino Platform
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October 31, 2019, 09:19:59 PM |
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We use binance https://www.binance.com/en/trade/BTC_USDT API price data for every game. All games are 100% manipulation-free. We only profit from collecting service fees. The platform automatically debited 5% of each user win. We will consider the possibility of reducing the amount of the bet to 10k sat and add a 'Daily streak bonus' to all our customers. It's a great opportunity to test Betller. How about lowering that 5% fee for first users or some other promotion. Do we need to register with our personal information and is there mandatory KYC or not? I also wonder how much is withdrawal fee? they dont have KYC and if you want to sign up, they only need your nickname, email and pw. as per faq, their withdrawal fee is 20k sats with min withdrawal of 200k sats your other questions might be found from their faq section https://betller.io/en/site/faqbtw, how do you know that you are playing against a real human and not a bot? how can you verify that?
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tippytoes
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October 31, 2019, 10:01:01 PM |
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The name sounds like bitsler.. What is the meaning of declined on the corresponding bet? Betting?
I think it's just like an options trading, you just need to put your bet and choice where the price it's going will be "Up or "Down with some interval times. The difference they make a pool for the prize, it's better using an option platform trading you can get profit with around 75-85% from the amount you bet also you also get a feature tools trading to predict the price.
It's kinda scared for me, if they manipulated the movement/graphic price of bitcoin on their platform. However you should make a "proof of fairness" for your betting history, since everyone don't knows how to verify the fairness of the prize movement on your platform.
Yes, where can we verify the provable fairness on their system? There's no tab for it yet?
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Upgate
Member
Offline
Activity: 560
Merit: 14
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October 31, 2019, 10:13:08 PM |
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The topic makes me to understand that we betting on the price movements of bitcoin however the body of the message is going deeper touching on price of finances not just bitcoin alone
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Lanatsa
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October 31, 2019, 10:39:48 PM |
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Betting?
I think it's just like an options trading, you just need to put your bet and choice where the price it's going will be "Up or "Down with some interval times. The difference they make a pool for the prize, it's better using an option platform trading you can get profit with around 75-85% from the amount you bet also you also get a feature tools trading to predict the price.
It's kinda scared for me, if they manipulated the movement/graphic price of bitcoin on their platform. However you should make a "proof of fairness" for your betting history, since everyone don't knows how to verify the fairness of the prize movement on your platform.
Better to read up first before you do post because you are just asking non-sense on here since those question you had asked is already being clarified above. How they do get the current price movement? They are using Binance api so manipulation isn't possible. How much they do deduct? 5% deduction on winning bet.Its way higher than playing dice game where 2x multiplier with 1% HE but well this options trading is different though.
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