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Author Topic: If you were building a Sportsbook...  (Read 593 times)
paxmao
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December 29, 2022, 09:04:38 PM
 #41

Following on from one of my previous messages here, one thing I really like on some sports books is a partial cashout feature - its definitely something to think about in my opinion for new sportsbooks

I would never conceive a sportbook that would not allow a cash-out. It is quite elementary to allow full freedom to the users, as they are going to play on the grounds that eventually they can fully withdraw if they have some serious luck on their betting, or even if the simply get tired of the site and decide to look for alternatives. I think that feature is a given.

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December 29, 2022, 10:00:07 PM
 #42

I don't have much experience in games and casinos, but one of the things that I would like to see built in a casino is an internal excahgen, it is the most comfortable way for many players to come, but to set rules so that not all they only come for that, the other thing is that they leave bonus things and consrusops with so many things in exchange, without many requirements because it is very difficult to win when they give bonuses in exchange for playing.

That they make an internal forum where they reward for publishing without having to be in signature campaigns, it is a strategy that I really like that they did in some projects.



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EarnOnVictor
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December 30, 2022, 06:49:13 AM
 #43

I don't have much experience in games and casinos, but one of the things that I would like to see built in a casino is an internal excahgen, it is the most comfortable way for many players to come, but to set rules so that not all they only come for that, the other thing is that they leave bonus things and consrusops with so many things in exchange, without many requirements because it is very difficult to win when they give bonuses in exchange for playing.

That they make an internal forum where they reward for publishing without having to be in signature campaigns, it is a strategy that I really like that they did in some projects.
Oh, these are brilliant ideas from you, and I believe that some companies are now doing that. Though I have not seen much from a casino before, it shouldn't take long before they would start copying other companies. Internal exchange is good, but I would have loved it more in form of P2P. It would deal with more options of the payment system used so that different customers could cross-exchange what they have for what another could offer.

But for the forum, I will not really subscribe to it as it would be restrained and manipulated since they (companies) would be the moderator.

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December 30, 2022, 01:11:05 PM
 #44

Following on from one of my previous messages here, one thing I really like on some sports books is a partial cashout feature - its definitely something to think about in my opinion for new sportsbooks

I would never conceive a sportbook that would not allow a cash-out. It is quite elementary to allow full freedom to the users, as they are going to play on the grounds that eventually they can fully withdraw if they have some serious luck on their betting, or even if the simply get tired of the site and decide to look for alternatives. I think that feature is a given.

It appears that there may have been a misunderstanding here. From my interpretation of M1cha3lM's post, it seems that he wasn't discussing the process of withdrawing funds from the casino or bookmaker, but rather the option to cash out a bet before the end of the event. This is a common feature offered by many sports betting platforms, and allows bettors to sell their bet back to the bookmaker for a reduced price before the event has ended, rather than waiting for the outcome to be determined.

You can read more about it here:

What Is Cash out Betting?

It is a betting feature that allows gamblers to withdraw their bet before the game ends prematurely. Since the odds fluctuate based on the game's flow, the odds at the cash-out point are what the bettor gets. If the bet goes according to the initial prediction, the odds will rise, and vice versa.

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December 30, 2022, 01:54:11 PM
 #45

<snip>
It's a good feature. It's also related to a balance wherein your deposit of any accepted cryptocurrency (e.g., Bitcoin deposit) can be withdrawn with another method (Eth, Xrp, etc. or debit/credit card etc.)

Hello , Most crypto casino use Betby sportsbook like Rollbit , 500casino , bc.game , chips.gg, roobet but there are different websites that use other sportsbook provider like Altenar , Digitain or softswiss new sportsbook you can check them. I have tested most of them and i think ( Betby is the best )
I am familiar with all casino that you mentioned, except Betby how long have you been aware of them and how you discovered them?

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December 30, 2022, 03:40:38 PM
 #46

<snip>
It's a good feature. It's also related to a balance wherein your deposit of any accepted cryptocurrency (e.g., Bitcoin deposit) can be withdrawn with another method (Eth, Xrp, etc. or debit/credit card etc.)

Hello , Most crypto casino use Betby sportsbook like Rollbit , 500casino , bc.game , chips.gg, roobet but there are different websites that use other sportsbook provider like Altenar , Digitain or softswiss new sportsbook you can check them. I have tested most of them and i think ( Betby is the best )
I am familiar with all casino that you mentioned, except Betby how long have you been aware of them and how you discovered them?
An exchange feature will be a special attraction for a casino because only a few have this feature. If they can have this feature, it will be easier for gamblers who want to exchange their coins for other coins. Apart from that, it can be an additional income for the casino because a price difference will be used as an additional fee for gamblers.

But for API issues, maybe you can look at isportsapi.com. I don't know much about APIs that can be used for sports betting, and I'm sure you can use tons of APIs.
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December 30, 2022, 07:59:06 PM
 #47

Following on from one of my previous messages here, one thing I really like on some sports books is a partial cashout feature - its definitely something to think about in my opinion for new sportsbooks

I would never conceive a sportbook that would not allow a cash-out. It is quite elementary to allow full freedom to the users, as they are going to play on the grounds that eventually they can fully withdraw if they have some serious luck on their betting, or even if the simply get tired of the site and decide to look for alternatives. I think that feature is a given.
Its a standard thing and who the heck would really be trying out to make that partial cashout feature if we do know that majority of gamblers wont really be that doing so.It would really be just pointless or useless

feature since no one would be ever using that.Whether it is really involving some huge or small amount then gamblers do really tend out to fully withdraw their money in according into their own decisions
on what they do have in mind.It would be no sense on adding up such option if it wont really be that be used on or simply its not really something that gamblers or bettors would really be doing so.
Instant and full withdrawal is a standard, dont know on why try to change up something or adding up which isnt really that needs to be changed.?

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December 30, 2022, 08:12:48 PM
 #48

If you were building a Sportsbook, what API would you suggest integrating?

Would like live betting & props too if there's anything out there that offers this!

Thank you  Grin
Your locality will tell you the kind of API that Will be integrated to the sportbook. If you add an API that is not popular in the area, gamblers or bettors might not play your sportbooks. So I will advise you to add the ones that are more popular and usefull in your territory and if you want to add more new sportbooks then you can add to attract customers.









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December 30, 2022, 08:17:28 PM
 #49

If you were building a Sportsbook, what API would you suggest integrating?

Would like live betting & props too if there's anything out there that offers this!

Thank you  Grin

The more bet types the better obviously.  Smiley  I think the most important thing would be not accepting deposits (which isn't popular).  If bets were made and settled on chain without having to deposit funds, just receive an address for the bet you want to make and send funds, that would be great.  The only casino to ever offer this as far as I am aware was directbet.eu and they shut down after being scammed via double spends.  I think requiring a certain number of confirmations would have likely saved the operation and kept it going.  I'm a little surprised nobody has filled the hole that directbet left, but it's still wide open for the taking.

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December 30, 2022, 09:29:44 PM
 #50

I don't have much experience in games and casinos, but one of the things that I would like to see built in a casino is an internal excahgen, it is the most comfortable way for many players to come, but to set rules so that not all they only come for that, the other thing is that they leave bonus things and consrusops with so many things in exchange, without many requirements because it is very difficult to win when they give bonuses in exchange for playing.

That they make an internal forum where they reward for publishing without having to be in signature campaigns, it is a strategy that I really like that they did in some projects.
Agree about setting a rule in case some casino will consider an internal exchange because money launderers can come only for this purpose although they still can launder money by placing a bet but this one is more risky since they can lose the money that they supposed to launder only. They can also use a crypto exchange to clean their coins.

For the bonus, it's normal for a casino to set a requirement because if they won't do that then each players will win it easily and it will now be a loss for them. The last thing that you said is also great. I know primedice and stake has this before. I mean the pay-per-post structure because they still have their forum up until now but users are not incentivized anymore for their post. I really don't know the reason why but I suspect it's because it's being abused.

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December 30, 2022, 10:14:28 PM
 #51

If you were building a Sportsbook, what API would you suggest integrating?

Would like live betting & props too if there's anything out there that offers this!

Thank you  Grin

The more bet types the better obviously.  Smiley  I think the most important thing would be not accepting deposits (which isn't popular).  If bets were made and settled on chain without having to deposit funds, just receive an address for the bet you want to make and send funds, that would be great.  The only casino to ever offer this as far as I am aware was directbet.eu and they shut down after being scammed via double spends.  I think requiring a certain number of confirmations would have likely saved the operation and kept it going.  I'm a little surprised nobody has filled the hole that directbet left, but it's still wide open for the taking.
Wondering about this thing or matter too on which there are lots of people who did really love that direct way of betting without needing to make out some registration and just simply make out bets directly on the given address and if you won then those winnings would be sent out on your wallet address directly without questions asked.I wasnt aware that the main reason on why directbet closed up its doors
due to double spend issues which it is really true that if they do really add up that confirmation time then it would really be definitely be solving up that main problem.
For those lines or games offered then it would be just standard that bookies should list out the most interesting ones rather than on having lots of options but crappy ones.

R


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December 30, 2022, 11:16:02 PM
 #52

I get that you are trying to gather opinions of actual Sportsbook user here but you can easily get all the answers you would need with a simple search on your search engine and this is not in anyway trying to invalidate the opinions of others or yours.
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December 31, 2022, 03:39:50 AM
 #53

If you were building a Sportsbook, what API would you suggest integrating?

Would like live betting & props too if there's anything out there that offers this!

Thank you  Grin

The more bet types the better obviously.  Smiley  I think the most important thing would be not accepting deposits (which isn't popular).  If bets were made and settled on chain without having to deposit funds, just receive an address for the bet you want to make and send funds, that would be great.  The only casino to ever offer this as far as I am aware was directbet.eu and they shut down after being scammed via double spends.  I think requiring a certain number of confirmations would have likely saved the operation and kept it going.  I'm a little surprised nobody has filled the hole that directbet left, but it's still wide open for the taking.
Wondering about this thing or matter too on which there are lots of people who did really love that direct way of betting without needing to make out some registration and just simply make out bets directly on the given address and if you won then those winnings would be sent out on your wallet address directly without questions asked.I wasnt aware that the main reason on why directbet closed up its doors
due to double spend issues which it is really true that if they do really add up that confirmation time then it would really be definitely be solving up that main problem.
For those lines or games offered then it would be just standard that bookies should list out the most interesting ones rather than on having lots of options but crappy ones.
However, this is actually very vulnerable to fraud and very detrimental to casino owners and their users too.
If indeed this way of betting is good and can attract users to bet in the casino, then surely many casino sites will implement it and Directbet will not go bankrupt and close because of being deceived.
Indeed, such a method might make it easier for gamblers to bet, but the risk is also very large. Sometimes someone will go crazy and want to commit a crime because of a large amount of money.

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December 31, 2022, 03:42:05 AM
 #54

I get that you are trying to gather opinions of actual Sportsbook user here but you can easily get all the answers you would need with a simple search on your search engine and this is not in anyway trying to invalidate the opinions of others or yours.
It is not as simple, while there is a lot of information on the internet about almost anything that you can imagine, when it comes to technical questions it is unlikely you will find the exact answer you are looking for.

And the question of the OP falls under that umbrella, only those which have created their own sportsbook or a similar service, or those which are developers will have the answer they are looking for.

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virasisog
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December 31, 2022, 09:55:51 AM
 #55

I get that you are trying to gather opinions of actual Sportsbook user here but you can easily get all the answers you would need with a simple search on your search engine and this is not in anyway trying to invalidate the opinions of others or yours.
It is not as simple, while there is a lot of information on the internet about almost anything that you can imagine, when it comes to technical questions it is unlikely you will find the exact answer you are looking for.

And the question of the OP falls under that umbrella, only those which have created their own sportsbook or a similar service, or those which are developers will have the answer they are looking for.

Always remember that what we could read on the internet isn't always reliable. Suggestions could only be answered through questions like this or through surveys.
It would be better to get technical ideas directly from Sportsbook users and developers. As for me, the polished and smooth deposit and withdrawal or cash-out transactions would be good enough and great betting features would just be additional.
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December 31, 2022, 12:02:37 PM
 #56

I get that you are trying to gather opinions of actual Sportsbook user here but you can easily get all the answers you would need with a simple search on your search engine and this is not in anyway trying to invalidate the opinions of others or yours.
It is not as simple, while there is a lot of information on the internet about almost anything that you can imagine, when it comes to technical questions it is unlikely you will find the exact answer you are looking for.

And the question of the OP falls under that umbrella, only those which have created their own sportsbook or a similar service, or those which are developers will have the answer they are looking for.
Even though there is a lot of information on the internet, it doesn't answer all of his questions because he still has to find more information and compare it to find the answer he is looking for. Nowadays, search engines have provided more and more answers which are sometimes invalid so this is where we are required to be able to find what suits us.

And that's why it's better for him to contact the developer directly to find the exact answer because we here don't know too much about it. Thus, he would get answers straight from the source and he could come to his conclusions later.

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December 31, 2022, 07:05:44 PM
 #57

I get that you are trying to gather opinions of actual Sportsbook user here but you can easily get all the answers you would need with a simple search on your search engine and this is not in anyway trying to invalidate the opinions of others or yours.
It is not as simple, while there is a lot of information on the internet about almost anything that you can imagine, when it comes to technical questions it is unlikely you will find the exact answer you are looking for.

And the question of the OP falls under that umbrella, only those which have created their own sportsbook or a similar service, or those which are developers will have the answer they are looking for.
Even though there is a lot of information on the internet, it doesn't answer all of his questions because he still has to find more information and compare it to find the answer he is looking for. Nowadays, search engines have provided more and more answers which are sometimes invalid so this is where we are required to be able to find what suits us.
Well, as much as I agree with you, i will still like to let you know that search engine really are doing great in providing answers or possible answers to most of our queries.
But then, it would be worth noting that not everybody know how to use search engines, one who knows how to use search engines is likely to find answers to whatever he or she is looking for, answers to questions are lurking everywhere on the internet, like YouTube, Twitter, Facebook, medium, blogs etc, but then, our knowledge of how to use the proper keywords in our searches is what determines our success in finding the answers we seek.

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January 01, 2023, 02:34:57 AM
 #58

I get that you are trying to gather opinions of actual Sportsbook user here but you can easily get all the answers you would need with a simple search on your search engine and this is not in anyway trying to invalidate the opinions of others or yours.
It is not as simple, while there is a lot of information on the internet about almost anything that you can imagine, when it comes to technical questions it is unlikely you will find the exact answer you are looking for.

And the question of the OP falls under that umbrella, only those which have created their own sportsbook or a similar service, or those which are developers will have the answer they are looking for.
Even though there is a lot of information on the internet, it doesn't answer all of his questions because he still has to find more information and compare it to find the answer he is looking for. Nowadays, search engines have provided more and more answers which are sometimes invalid so this is where we are required to be able to find what suits us.
Well, as much as I agree with you, i will still like to let you know that search engine really are doing great in providing answers or possible answers to most of our queries.
But then, it would be worth noting that not everybody know how to use search engines, one who knows how to use search engines is likely to find answers to whatever he or she is looking for, answers to questions are lurking everywhere on the internet, like YouTube, Twitter, Facebook, medium, blogs etc, but then, our knowledge of how to use the proper keywords in our searches is what determines our success in finding the answers we seek.
That's true and I agree. I'm talking about it for most people who may be familiar with search engines but don't yet know or learn how to use the engine operators well so they tend to get general answers to their questions. There are several other things to use or get a complete answer than just using it because we can use the right signs or keywords that most don't know about.

That is why some people still need more accurate information about what they want. And they really need to find out a lot more.

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