Purebet.io - The first on-chain sports betting aggregator

[Wiwo]

Thanks for the suggestion, I have edited the site to open "How it works" in the same tab.

Quick one, can I make withdrawal on any currency?

E.g if I make deposit in Bitcoin and. Places bet with bitcoin and want to withdrawing other cryptocurrency e.g USTD can I make that withdrawal automatically or I will have to use the inbuilt exchange to can't the bitcoin to ustd before withdrawal.

[entebah]

Thanks for the suggestion, I have edited the site to open "How it works" in the same tab.

Quick one, can I make withdrawal on any currency?

E.g if I make deposit in Bitcoin and. Places bet with bitcoin and want to withdrawing other cryptocurrency e.g USTD can I make that withdrawal automatically or I will have to use the inbuilt exchange to can't the bitcoin to ustd before withdrawal.

I think you don't need to make a deposit in bitcoin because it's on-chain betting and they use USDC tokens on the Solana blockchain.
so all you need is to connect your wallet and place a bet using USDC if your bet wins then you will receive your winning instantly in your wallet.

[notblox1]

Betting Aggregator is a great idea but I dont like Purebet is using centralized solana blockchain for this purpose because it keeps breaking and not working all the time.
I need simple betting aggregator that can compare all crypto gambling casino odds and make me choose the best option for betting on some event so I can have freedom to choose Bitcoin or other coins I want.
One of this aggregator websites for crypto is Bitodds, and it is showing me odds from six or more crypto casinos: https://bitodds.com/ufc

[Wiwo]

I think you don't need to deposit Bitcoin because it's on-chain betting and they use USDC tokens on the Solana blockchain.
so all you need is to connect your wallet and place a bet using USDC if your bet wins then you will receive your winning instantly in your wallet.

Ooh ok, I thought, that they accept other cryptocurrencies since I saw where there mentioned exchange on the first page of the casino and this have influenced my statement since I was having Bitcoin in mind as the primary first listed coin on any exchange.

But from your comment am now clear what he means by on-chain betting platform, but the question is how secure is the network since we have to connect our wallet, which may expose us to more danger because the wallet connection will have an option where the backend also has access to the connected wallet.

[Purebet_io]

Betting Aggregator is a great idea but I dont like Purebet is using centralized solana blockchain for this purpose because it keeps breaking and not working all the time.
I need simple betting aggregator that can compare all crypto gambling casino odds and make me choose the best option for betting on some event so I can have freedom to choose Bitcoin or other coins I want.
One of this aggregator websites for crypto is Bitodds, and it is showing me odds from six or more crypto casinos: https://bitodds.com/ufc

I understand that some people dont like Solana but it is the only blockchain that this is possible on. The structure of EVM does not allow for real (betting or crypto) exchanges. GMX for example does not actually have orderbooks and is more like a bucketshop that uses oracles. Solana is better than you sending your money to some shady centralised bookmaker.

...but the question is how secure is the network since we have to connect our wallet, which may expose us to more danger because the wallet connection will have an option where the backend also has access to the connected wallet.

We use the official Solana Wallet Adapter for connecting wallet. Transactions can only happen when you approve them in the wallet. You can preview the effect this will have (e.g. trying to bet 10 USDC will show -$10 USDC in the preview). We cannot pull funds from your wallet - Solana and Ethereum are different in this way. No token contracts with infinite approvals that can drain your funds.

[Broadanbig]

Welcome onboard OP. I had to read through to seeing things for myself and it seems good here with lots of observations and corrections going on. So far, from your response, I know you will make a good manager as your presence here says it all.

As a newbie here, I know you have no much clues on how things are done here so I would advise you to take out time to read through the forum policies so you could get some fact because I see your response pattern does not align well with the forum policies. You can not be spamming your own thread all in the name of responding or reply to questions but however, you can reply multiple comments by just quoting them and replying on one post.

[Wiwo]

We use the official Solana Wallet Adapter for connecting wallet. Transactions can only happen when you approve them in the wallet. You can preview the effect this will have (e.g. trying to bet 10 USDC will show -$10 USDC in the preview). We cannot pull funds from your wallet - Solana and Ethereum are different in this way. No token contracts with infinite approvals that can drain your funds.

Thanks for the response and further explanation to that effect. And how secured the wallet connection will be against every doubt due to past incidence of wallet connect fraud, that been said, I wish you the very best as you journey ahead and I. Encourage you to. Buy a. Copper member as soon as possible, so that you can make some of your comments via images from your site for more clarifications.

[dezoel]

Thanks for the suggestion, I have edited the site to open "How it works" in the same tab.

Quick one, can I make withdrawal on any currency?

E.g if I make deposit in Bitcoin and. Places bet with bitcoin and want to withdrawing other cryptocurrency e.g USTD can I make that withdrawal automatically or I will have to use the inbuilt exchange to can't the bitcoin to ustd before withdrawal.

Impressive, on how he made quick changes according to the users feedback. I hope he continues this kind of attitude because some casinos here have become inactive later on. It's funny how they got bore easily but maybe they already get their true intention and that is to scam the gamblers.

Moving on, about the withdrawal on other currency, that would be cool but I don't think it's possible in a off-chain betting site since all are processed here automatically i.e if the bets are won, it will automatically transferred to the same wallet address used when depositing. The only thing that they can do is to support cryptocurrencies other than bitcoin.

[Wiwo]

Impressive, on how he made quick changes according to the users feedback. I hope he continues this kind of attitude because some casinos here have become inactive later on. It's funny how they got bore easily but maybe they already get their true intention and that is to scam the gamblers.

Moving on, about the withdrawal on other currency, that would be cool but I don't think it's possible in a off-chain betting site since all are processed here automatically i.e if the bets are won, it will automatically transferred to the same wallet address used when depositing. The only thing that they can do is to support cryptocurrencies other than bitcoin.

Well the thing is that, any new casino will have high spirit in constant contact with their customers to collect their feedbacks and work on the improvement of they platform,  the second thought is their is high motivation since the team will still work actively to block and fix bugs and this bugs are easily discovered at the early stage of the casino development.

But later on when the have achieved high level development and build a large customer base and active community, their could possibly feel fulfilled and tend to lose contact and become less active, and from that moment the casino may start suffering loses of customers due to non satisfaction resulting from a backlog of spending unsettled issues from the player.

[so98nn]

Your casino is really attractive and very simple. The loading time is surprisingly way faster as compared to the centralized casinos out there. The UI says it all actually.
You directly get connected with the betting dashboard and can select the option or even interact even if you don't have any type of account online.

You have kept around 13 wallets in the options menu to connect with your blockchain-based casino/sportsbook and that's just what a user wants. Since you already have the popular wallets that are Wallet Connect and Coinbase wallet, there is hardly little chance any user would be disappointed.

I do not know the mechanism of to and forth algorithm here but it does seem to be pretty slick. How will your site keep a record of winning and losing bettors?

So if I win then winnings are automatically sent out to my wallet and who pays the fee for transfers?

[Purebet_io]

Apologies for the too-frequent posting. Will slow it down.

Thanks for the feedback on the "Exchange" wording being confusing to first time visitors. Hopefully navigating is more clear now.

How will your site keep a record of winning and losing bettors?

So if I win then winnings are automatically sent out to my wallet and who pays the fee for transfers?

All winning and losing bets are stored on the blockchain. The website does not keep any record or track any user - it is just an interface for creating blockchain transactions.

We pay the fee to send you the funds at the time the bet is settled. On Solana, the fee is very very small so it is not an issue.

I would first of all say, welcome to the forum, ive taken my time to read through the op, and honestly, I think you have a great business model, and one that could really fly if given the proper marketing it deserves..

I would have personally love to try out the platform for a first hand experience of how it all works, but unfortunately, I don't own a single sol for gas, I don't even have a sol wallet set up yet, I don't have any plans of buying sol now solely for this purpose, I will sure check this out once I have a good reason to buy some sol..

But anyways, I think you guys should expand the bonus to accommodate new users, that could really encourage some of us to take that big step you know..

Sorry I missed this post. Thank you for the kind words If you have funds on chains like ETH, Arbitrum, Binance Smart Chain, Avalanche, you can use the Mayan Finance bridge to bring the funds to Solana and receive a small amount of SOL so you can make transactions. We have a widget on our onboarding page (needs a small bug fix which will come today). As little as $1 of SOL will be enough to place some bets.

We have the $10 risk free bet offer open to forum members. With our current system, we can only offer refunds after bets lose as the offer, and cannot give out free bet tokens or the like. This will come in the future.

[Coin_trader]

Sportsbook already appeared when I click the exchange button. It took some time to fully load the sportsbook though. Much better if you will have separate button for sportsbook and exchange to avoid confusion.

Sorry for any confusion on my original description. Let me explain in more detail to clear things up.

The base layer and the UI design is that of an exchange. We allow anyone to put up offers (maker orders) at any odds with any stake for any event we have online. On top of this exchange layer, we built a liquidity aggregation layer which pulls odds and liquidity from other venues and shows them in the orderbook. This provides instant liquidity for those looking to place bets as taker orders.

Now I properly understand how your exchange works. It's an odds exchange to make it simple however my comment will still remain simce not all users are familiar on the exchange terms when they are looking for a sportsbook. Your main target on opening Announcement thead here in the forum gambling section are gamblers. I believe using an appropriate word suitable to your target market here is much better rather than stick to exchange because I’m sure someone will commit same mistake as me by assuming that your service is more on a DEX rather than sportsbook since the order book is slow to fully load for first time opening.

It is essentially a hybrid of Betfair exchange and Mollybet which aggregates asian bookmakers - but we aggregate on-chain venues.

This is an interesting idea. Your platform can be use by 2 individual that wants to bet against each other with their customized odds. I will bookmark on your services.

Do you have a smart contract audit done by reputable company like Certik?

[piebeyb]

Nice to welcome a new sports betting site in this forum, especially is no KYC and I see this site doesn't require KYC because no need to sign up just linking wallet , but unfortunately I'm not a solana fan and don't have it to test it, but all the community would love to welcome whoever the owner Gambling sites like sports betting or casinos promote their sites in these forums.

I see everything is pretty good in writing and you can upgrade your bitcointalk account to copper member as other friends here recommended, I'd love to see this thread grow and at least add a graphic design view to make it look interesting, Btw welcome to the bitcointalk forum, maybe sometime when will I test your site if on any other network than Solana 

[borovichok]

Nice to welcome a new sports betting site in this forum, especially is no KYC and I see this site doesn't require KYC because no need to sign up just linking wallet , but unfortunately I'm not a solana fan and don't have it to test it, but all the community would love to welcome whoever the owner Gambling sites like sports betting or casinos promote their sites in these forums.

I see everything is pretty good in writing and you can upgrade your bitcointalk account to copper member as other friends here recommended, I'd love to see this thread grow and at least add a graphic design view to make it look interesting, Btw welcome to the bitcointalk forum, maybe sometime when will I test your site if on any other network than Solana 

I've seen a nice  structuring sport betting site in the community, at least it's effective and reliable. The service also offers big odds to players, making it simple to make 2x your initial funding. Purebet's moderators will make every effort to match the buzz around their newly launched sports betting service which will benefits more gamblers in the space. Purebet.io is one of the fastest growing betting sites in the industry since it meets the basic needs of gamblers. Linking our wallets is a basic strategy for making an easy accessible path to the sites.

[AbuBhakar]

I've seen a nice  structuring sport betting site in the community, at least it's effective and reliable. The service also offers big odds to players, making it simple to make 2x your initial funding. Purebet's moderators will make every effort to match the buzz around their newly launched sports betting service which will benefits more gamblers in the space. Purebet.io is one of the fastest growing betting sites in the industry since it meets the basic needs of gamblers. Linking our wallets is a basic strategy for making an easy accessible path to the sites.

This sportbook is really new and the best but still it’s not enough to beat the current sportsbook offered by centralized casino. There’s no transaction fee on every bet on centralized casino compared to this while the only convenience that it can give is the ability to set odds but it’s useless of no one from the other side will accept your bet. In the end you will just rely on the odds offered by the casino.

Linking our wallets is a basic strategy for making an easy accessible path to the sites.

This is the crucial part. Linking our wallet might result to a total loss of our money if the service got compromised. Not only our gambling bankroll but the total money on our wallet. Convenience is always less priority than safety. Purebet needs to boost their reputation in able to gain trust from players.

[vennali]

Interesting idea, I'll look more into it when more markets are involved. I see that the website isn't mobile friendly yet. Please do work on it. I'd also like live matches being part of the aggregation. I couldn't find any when I looked into it. Will add more feedback in a couple of days. Welcome to the forum.

[Purebet_Wes]

This sportbook is really new and the best but still it’s not enough to beat the current sportsbook offered by centralized casino. There’s no transaction fee on every bet on centralized casino compared to this while the only convenience that it can give is the ability to set odds but it’s useless of no one from the other side will accept your bet. In the end you will just rely on the odds offered by the casino.

I think a lot of people might not be familiar with fees on Solana. Each transaction costs $0.0001, and there is also a ~$0.03 fee called rent exemption that you pay and get refunded when your wager settles. The fees on Purebet are very very low and basically non-existent.

Linking our wallets is a basic strategy for making an easy accessible path to the sites.

This is the crucial part. Linking our wallet might result to a total loss of our money if the service got compromised. Not only our gambling bankroll but the total money on our wallet. Convenience is always less priority than safety. Purebet needs to boost their reputation in able to gain trust from players.

When you connect your wallet to our site, it only allows the site to ask your permission to approve transactions. We cannot move money from your wallet without approval from you. Once your bet has been placed, it is held by the Purebet smart contract and we cannot touch it. When the wager settles, the money is paid to the winner. You have full control over your funds at Purebet.

Interesting idea, I'll look more into it when more markets are involved. I see that the website isn't mobile friendly yet. Please do work on it. I'd also like live matches being part of the aggregation. I couldn't find any when I looked into it. Will add more feedback in a couple of days. Welcome to the forum.

Of course, we will work on making the site mobile friendly. We recently made the navigation bar more mobile friendly.  Anything specific you would like to point out?

As for live matches, the other protocols from which we aggregate odds don't offer live matches yet, and so we don't have it. Maybe they may offer it in the future, and if that day ever comes we will definitely offer live betting on Purebet

[Purebet_Wes]

Interesting idea, I'll look more into it when more markets are involved. I see that the website isn't mobile friendly yet. Please do work on it. I'd also like live matches being part of the aggregation. I couldn't find any when I looked into it. Will add more feedback in a couple of days. Welcome to the forum.

We recently built a mobile-friendly version of Purebet here: https://swipe.purebet.io
It lets you bet by swiping in the style of tinder. Hope you enjoy it!

[vennali]

Interesting idea, I'll look more into it when more markets are involved. I see that the website isn't mobile friendly yet. Please do work on it. I'd also like live matches being part of the aggregation. I couldn't find any when I looked into it. Will add more feedback in a couple of days. Welcome to the forum.

We recently built a mobile-friendly version of Purebet here: https://swipe.purebet.io
It lets you bet by swiping in the style of tinder. Hope you enjoy it!

Wouldn't it be annoying for someone looking to bet on something specifically? When someone visits a sportsbook, they usually have a purpose and are not there for window shopping. Maybe look into that.
Edit: I suppose, they wouldn't use this function in that case*

It does look interesting, but the games seem limited to only baseball? maybe add a tab for specific sports available on top.