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Author Topic: BETABIT.co.in - The Bitcoin Betting Exchange - Now in beta  (Read 8084 times)
BetaBit Support (OP)
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June 26, 2014, 06:13:13 AM
 #21

Thank you very much, we appreciate your help and will try to fix it as soon as possible. In the meantime we added a short tutorial and you can see it here https://betabit.co.in/info-and-tips. Any suggestions how to improve it are welcome Smiley
megamore
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June 26, 2014, 09:12:57 AM
 #22

PM sent  Wink

I'll waiting you for replaying my message Cool
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June 27, 2014, 12:07:25 PM
 #23

All the bonus links requested are sent and there are a few more available Wink
Rulishix
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June 28, 2014, 03:43:50 AM
 #24

Waiting on my withdrawal...
feryjhie
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June 28, 2014, 04:25:34 AM
 #25

Waiting on my withdrawal...

yeah mee too waiting on my withdrawal
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June 28, 2014, 05:13:38 AM
 #26

i want to try your site sir

give me the promo codes Cheesy

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CryptoKilla
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June 28, 2014, 05:41:01 AM
 #27

Please send me the bonus link.

Thanks Smiley

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June 28, 2014, 10:12:36 AM
 #28

Bonus is sent. As for the withdrawals - there was a bug in the system and they shouldn't have been allowed, because you haven't met the 10X rollover requirement for the bonus. However, since it is our mistake, we just sent them.
ctlaltdefeat
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June 28, 2014, 10:37:39 AM
 #29

You really need to show the full market to give some idea of quantities.
The amount of commission is also not clear. You say on the help page that it's 4%, but is that percent of net profits (like betfair), or percent of volume (like regular bookies).
Also your claim that "The juice is much lower – while bookies set it around 10-20%" is completely false and weird.
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June 28, 2014, 11:10:46 AM
 #30

Thank you for your feedback.
The commission is 4% from the net profits as in Betfair. As for the 10-20% stated - the only bookies with lower juice are Asian bookies like Pinacle and 188bet, the European bookies are working exactly in the 10-20% range.
As for the volumes - they are currently low, but we are still in beta and would like to fix possible bugs and issues on the site and then we will invest more in promotions and other means to attract users and increase liquidity.
arieq
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June 28, 2014, 11:12:28 AM
 #31

Bonus is sent. As for the withdrawals - there was a bug in the system and they shouldn't have been allowed, because you haven't met the 10X rollover requirement for the bonus. However, since it is our mistake, we just sent them.

i sent you a pm, please kindly check it. thank you

ctlaltdefeat
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June 28, 2014, 11:21:23 AM
 #32

Thank you for your feedback.
The commission is 4% from the net profits as in Betfair. As for the 10-20% stated - the only bookies with lower juice are Asian bookies like Pinacle and 188bet, the European bookies are working exactly in the 10-20% range.
As for the volumes - they are currently low, but we are still in beta and would like to fix possible bugs and issues on the site and then we will invest more in promotions and other means to attract users and increase liquidity.

Thanks for clearing that up. In any case even 10% is a bit exaggerated, but ok, it's hard to compare different methods of commission.
The main problem I have is not lack of volume but lack of knowledge of how much to bet. Is the lay that this guy offered for 0.0001bitcoin or 1bitcoin? I have no indication.
I'd also like to have an option of inputting an amount for my liability and having backer's stake calculated from it, rather than the other way around.
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June 28, 2014, 11:33:57 AM
 #33

Thank you very much for your suggestions, both are very reasonable and we will try to implement them in the next few days.
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June 28, 2014, 11:34:29 AM
 #34

Hi,

Odds on Brazil vs Chile for draw is wrong. please check its showing 1.4-1.5.

I know I can take benefit of this but just want to help.

Normal odds must be above 4 for back.

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ctlaltdefeat
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June 28, 2014, 11:43:02 AM
 #35

Hi,

Odds on Brazil vs Chile for draw is wrong. please check its showing 1.4-1.5.

I know I can take benefit of this but just want to help.

Normal odds must be above 4 for back.

The odds aren't set by them  Smiley
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June 28, 2014, 11:44:50 AM
 #36

Thanks for the remark, someone probably made a mistake. Since we do not want to directly interfere with user's bets, we will notify him, so he could cash out his bet, if he wishes so.
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June 28, 2014, 11:45:55 AM
 #37

http://prntscr.com/3xbm1d

hey Betabit support

there is bug bet not executing properly, 1 guy want to back @1.5 and another guy want to lay @1.6 so it must be execute automatically.

I saw this first time in any exchange that lay odds lower then back odds.

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June 28, 2014, 11:52:57 AM
 #38

Thank you for your report, there is no bug though. For some reason both bets are from the same user and this is the reason they are not matched.
deadley
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June 28, 2014, 11:59:49 AM
 #39

Thank you for your report, there is no bug though. For some reason both bets are from the same user and this is the reason they are not matched.

Ok, it was really strange when I saw this first time in my betting life. But its happen, let me use this opportunity to arbitrage my bet.

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June 28, 2014, 12:10:13 PM
 #40

sent you a pm, i want to try your system, perhaps there's still some bugs

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