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Author Topic: Why would anyone use a betting broker? Have you tried it?  (Read 761 times)
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February 05, 2021, 04:15:39 AM
 #101

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.
See not all people that gamble thinks of it as an "enjoyment". Some think of it as a form of "investment", and yes I know its stupid to rely on luck as a form of investment but if you were to think about it, investing in stocks/cryptos are also a type of "gamble" so which is what they probably think anyway. They have money anyway, so I see no actual problem with said mindsets. Though not everyone who uses brokers think that way, some of them at least do, and yes, some of them think of it as convenient. And by that point, when you think of it as "convenient" it isn't, entertainment anymore, it's business imo.

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February 05, 2021, 10:41:08 AM
 #102

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.
Maybe they do that because of a comfortable feeling, as he said.
And if that is because of that feeling, that will be different from one person to the others.
But if what he means about the brokers is almost the same as the stockbrokers, hm I think I will not use that broker because they can make me lose the money. After all, they select the wrong team.
I think it will be better if we place the bet by ourselves and not depend on the broker because we need to responsible for our money, and if we lose, that is because of our mistake and not other people's mistake.
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February 05, 2021, 05:58:04 PM
 #103

Hello everyone,

We covered this topic in a separate thread, so we'll share it here too, since it should be exactly the info you would be looking for.

A detailed answer can be found in our blog post: https://betinasia.com/blog/academy/what-is-a-betting-brokerage/ but we'll try to provide a useful summary here:
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February 05, 2021, 06:16:27 PM
 #104

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.
Maybe they do that because of a comfortable feeling, as he said.
And if that is because of that feeling, that will be different from one person to the others.
But if what he means about the brokers is almost the same as the stockbrokers, hm I think I will not use that broker because they can make me lose the money. After all, they select the wrong team.
I think it will be better if we place the bet by ourselves and not depend on the broker because we need to responsible for our money, and if we lose, that is because of our mistake and not other people's mistake.

They would really be acting as a medium between the gambler and on the bookies that you are aiming to bet on on where  they do make out bets for you and choosing the best
odds that you can possibly bet on between exchanges which means this will really be just like a bridge and doesnt really connect about on losing just because they do make out a
mistake on what are your picks yet that would really be their responsibility for some patch up or refund on said scenario.Overall, this isnt really that much off needed if you
can directly make out bets on your own directly because using up brokers would really be just giving out another round of expense on using up their service.
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February 05, 2021, 06:21:41 PM
 #105

There is really no point for me to use brokers in accessing bet sites which ever criteria they might offer, its relatively insignificant. Ah mean, why should i, really?! Brokers are relevant in trading due to the leverage they offer traders to take trades but then, the case isn't same here and as such, i think the fee is still going to cover for which ever advantage you might seem to have and as such, its as good as using legit means of placing bets or accessing bet platforms within the jurisdiction of your nation. The points or reasons given doesn't add up more to me.
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February 06, 2021, 10:04:58 AM
 #106

betting broker! I never used it...
entrusting someone else to manage my funds is very risky IMO. they will only manage my money according to their wish and when I lose all the capital they will just say 'sorry'. I am much more comfortable betting alone and losing by choice.



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February 06, 2021, 02:24:07 PM
 #107

betting broker! I never used it...
entrusting someone else to manage my funds is very risky IMO. they will only manage my money according to their wish and when I lose all the capital they will just say 'sorry'. I am much more comfortable betting alone and losing by choice.
The same thing can be said with any other bookmakers that we're not familiar with so we always go with the most reputable sites. I haven't tried it as well but I don't see how using a broker overall becomes very risky knowing that a lot of serious bettors use these type of services. Also other sportsbook will probably say the same thing when we lose our deposit it's not like there's any better response than that though.

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February 06, 2021, 09:22:05 PM
 #108

It all depends on what kind of gambler you are. If you just make occasional bets, just for fun - it will be more convenient to do it without intermediaries, and, like you said, with a betting broker most likely you'd have to make a bigger deposit.
But if you gamble on an ongoing basis - it'll be very time-consuming and tiring to make deposits on various websites and search for the best odds.
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February 08, 2021, 11:34:57 AM
 #109

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.

I absolutely agree with this. "Don't make a job out of gambling!" - that's what I keep saying to my fellow gamblers. Use betting brokers only if it's an additional fun(those cases are possible), but don't turn gambling into tedious process of making money.

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February 10, 2021, 09:38:05 PM
 #110

It all depends on what kind of gambler you are. If you just make occasional bets, just for fun - it will be more convenient to do it without intermediaries, and, like you said, with a betting broker most likely you'd have to make a bigger deposit.
But if you gamble on an ongoing basis - it'll be very time-consuming and tiring to make deposits on various websites and search for the best odds.
This is clearly meant for the tryharders who would want to gain more money, as casual players wouldn't even bat an eye to a broker since they're just in the game for a good time in the first place, so no point in paying dxtra for a broker when you can bet by yourself anyway.

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molsewid
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February 10, 2021, 10:43:29 PM
 #111

It all depends on what kind of gambler you are. If you just make occasional bets, just for fun - it will be more convenient to do it without intermediaries, and, like you said, with a betting broker most likely you'd have to make a bigger deposit.
But if you gamble on an ongoing basis - it'll be very time-consuming and tiring to make deposits on various websites and search for the best odds.
I agree why did he need to have a broker if he did not gamble often, and it will just only an additional expense for him instead of putting that fee to gambling assets, but I don't trust broker honestly I just want to bet on my own and not rely to any of their predictions i don't know the probability of my winning bets I rather trust my instincts and skills rather than pay them. If you are a gambler do not afraid to lose in a game it is normal and the feeling is normal so I suggest not to use it.
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February 10, 2021, 11:51:37 PM
 #112

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.
I get the point you're trying to put across but that's just weird. I mean people definitely use brokers but I never imagined it to be because they wanna take the time off of betting. Gambling is fun and exciting and should be done during your wee hours so using a broker feature to take time off of gambling kind of defeats the whole purpose.

I absolutely agree with this. "Don't make a job out of gambling!" - that's what I keep saying to my fellow gamblers. Use betting brokers only if it's an additional fun(those cases are possible), but don't turn gambling into tedious process of making money.
Yes, at all occasions they'll get the revenue through commission. People at times find money out of gambling and this is what drives them easily into gambling through brokers who serve same as the trading support service providers. Even if you prioritise gambling as a way of making money, just go for it on your personal interest and risk and depend another person for the same.
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February 11, 2021, 05:59:07 AM
 #113

They would really be acting as a medium between the gambler and on the bookies that you are aiming to bet on on where  they do make out bets for you and choosing the best odds that you can possibly bet on between exchanges which means this will really be just like a bridge and doesnt really connect about on losing just because they do make out a mistake on what are your picks yet that would really be their responsibility for some patch up or refund on said scenario.Overall, this isnt really that much off needed if you can directly make out bets on your own directly because using up brokers would really be just giving out another round of expense on using up their service.
If they can act as a medium who only place a bet for the gambler, we need to search for the right services because we do not want to risk our money to select the wrong broker.
It is not easy to search for the right broker as we might try one by one of the broker to find what we want.
If that broker can have good info about each match and know how to pick the right team, that will give us the benefit that can make us a winning.
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February 12, 2021, 08:51:56 PM
 #114

They would really be acting as a medium between the gambler and on the bookies that you are aiming to bet on on where  they do make out bets for you and choosing the best odds that you can possibly bet on between exchanges which means this will really be just like a bridge and doesnt really connect about on losing just because they do make out a mistake on what are your picks yet that would really be their responsibility for some patch up or refund on said scenario.Overall, this isnt really that much off needed if you can directly make out bets on your own directly because using up brokers would really be just giving out another round of expense on using up their service.
If they can act as a medium who only place a bet for the gambler, we need to search for the right services because we do not want to risk our money to select the wrong broker.
It is not easy to search for the right broker as we might try one by one of the broker to find what we want.
If that broker can have good info about each match and know how to pick the right team, that will give us the benefit that can make us a winning.
When it comes on choosing the right broker or service then you would just simply find some feedbacks and if you do see that those feedbacks were legitimate then its up to you if you
would proceed on trusting them or not.Its still depending on you on because no one would be forcing up to  do so but this is only to those people who are restricted or doesnt
have the access into those betting places but if you do then i dont see the point on using up these platforms.Ever in my gambling experience, i didnt able to test
these kind of betting brokers or something like that.
molsewid
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February 12, 2021, 09:05:33 PM
 #115

Yes, at all occasions they'll get the revenue through commission. People at times find money out of gambling and this is what drives them easily into gambling through brokers who serve same as the trading support service providers. Even if you prioritise gambling as a way of making money, just go for it on your personal interest and risk and depend another person for the same.
Revenue or Commission is fine as long as you always gamble for fun or because that is the nature of your work and business. It is fine to use broker to help you in your plays. He can play while his broker is also playing there's a win win scenario between them, he can learn his broker strategy as well but if your only an occasional player so why bother hiring or using a broker? just waste of time and funds you can do it on your own and it more fun.
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February 14, 2021, 02:39:24 PM
 #116

I strongly advise against anyone using betting brokers. They just play for free with your money, and they never answer for anything in case of losses.
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February 14, 2021, 06:00:05 PM
 #117

I saw a thread about a betting broker on Bitcointalk yesterday, and I started wondering why it's even a thing if it's not hard to register and use a betting website directly.
I read this article which states 5 reasons to use such an intermediary:
Quote
Access to bookmakers that you are already limited on
Use bookmaker that aren't available in your country
High limits and best odds
Access Asian bookmakers odds
Less administration
The first and the second point sound like cheating because one shouldn't play from a restricted jurisdiction. As for the third one, good websites can offer odds boosts which are also beneficial (I'm thinking of Sportsbet.io where I use the odd boost very often), and the broker's fee will also undermine the better odds one might be getting. Here are a couple of examples of boosted odds on my recent bets:
Another downside of brokers for me personally is that they seem to have a very significant minimum deposit of $150-200, whereas I tend to deposit about $10-$30 to a sports betting website, and it lasts me for a long time.
Overall, is it really worth it? Have you ever used a broker and do you think it's truly useful and profitable to do so?
At least to me this has more to do with people being unable to adapt to the new times, we must remember that in the past gambling was not as socially acceptable as it is right now, so back in the day you did not wanted to be seen at the casino or to have anything to your name that could indicate that you were a gambler for the fear of social ostracism, so people preferred to use a broker to help them with that, it is obvious that now they do not need a broker but those people are so used to do it that they just keep doing it as a matter of habit.
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February 14, 2021, 06:43:44 PM
 #118

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.

I wouldn't use it for the same reason. It's just another site you have to register on and I see it as another vulnerability.

I've never used such broker and for now I don't see a reason to. Maybe if you like to make a lot of bets every day it can help you, but for an occasional gambler it's nothing special.
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February 14, 2021, 10:22:34 PM
 #119

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.

I wouldn't use it for the same reason. It's just another site you have to register on and I see it as another vulnerability.

I've never used such broker and for now I don't see a reason to. Maybe if you like to make a lot of bets every day it can help you, but for an occasional gambler it's nothing special.

i guess, a lot of us here are not using betting broker because we dont see the need to. but consider other gamblers who have restrictions from their countries, i believe thats one reason why betting brokers exist. also, those gamblers that dont want to handle their bets personally because they have other things to attend to, as you already mentioned. and for others that dont know much about gambling but want to gamble, some will depend on these betting brokers.
but users or gamblers from the forum - i know, we enjoy betting on our own as it is easy peasy for us.

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panganib999
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February 15, 2021, 07:28:38 AM
 #120

The reason might simply be, it is convenient. Betting takes your time away from other things that you can use to increase your cashflow. This is the first time that I have heard of betting brokers but I am familiar with this scheme because this is how stock brokers work too. The exception here is that, you really can lose your money because of other people, the bets they put might put you in a bad place. Although it looks good on paper, it is a bad thing for me, this can be used as a way to scam someone without knowing so, they can bet in their accounts in opposition to your account.

I wouldn't use it for the same reason. It's just another site you have to register on and I see it as another vulnerability.

I've never used such broker and for now I don't see a reason to. Maybe if you like to make a lot of bets every day it can help you, but for an occasional gambler it's nothing special.

i guess, a lot of us here are not using betting broker because we dont see the need to. but consider other gamblers who have restrictions from their countries, i believe thats one reason why betting brokers exist. also, those gamblers that dont want to handle their bets personally because they have other things to attend to, as you already mentioned. and for others that dont know much about gambling but want to gamble, some will depend on these betting brokers.
but users or gamblers from the forum - i know, we enjoy betting on our own as it is easy peasy for us.

I think using a broker doesn't mean that you are that so noob about gambling. There is always a positive side of using is and thats also the reasom why it is invented. And as we all know betting brokers are definitely highly suggested for those who wants to start but doesn't have knowledge in it. The broker will be the one to guide for his gambling journey and also it is up to the person if he will stop for asking the broker right? I personally experienced use a betting brokers but I think it only lasts 1 month and then I self taught myself after that and started to be on my own. And now, I am learned.
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