FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds

[_sunshine_]

do you have or do you have plan to build client for android or other OS?

No, our website is mobile friendly and there is no need for an Android app.


@albertorma

Our presidential election markets and all Bitcoin and News bets do have a commission:

https://www.fairlay.com/market/next-president-11/

We also take fees from our API users.

The 0% commission on sport markets is possible, as market creation and settlement is fully automated.

It's our current policy to not have any affiliate program.

I mean any client work with API  for pc or mobile. Is impossible trade in inplay in web browser

Sounds you have not try it first before commenting, right?
I suggest you give a try first it it does not work on the mobile as they claim because a times the device we use may the one causing the problem. But, when you try with another device you will find the differences.

English not native and i don't understand what you want say). I say about bot, that use for connect API.  It much better to trade, than when you need each time reload the page to know current odds. With API client the odds can be refreshed every second and even faster

[FairlaySupport]

The documentation is also available on github    

https://github.com/Fairlay/PublicAPI

We will update the link.

The general support also takes care of API questions....

[FairlaySupport]

@sunshine     We currently have other things on our list.  But if you or anyone else wants to create an open-source stand-alone windows client or an android app, we would support this project financially with a few BTCs!   We will move this matter up in our list once our live product has matured and we have more market makers there.

[_sunshine_]

The documentation is also available on github    

https://github.com/Fairlay/PublicAPI

We will update the link.

The general support also takes care of API questions....

Nice but i haven't the skills for

[_sunshine_]

And one more idea.  An example
Federer win
yes @2
no @2
I have 1BTC - is all what i have on my balance
next i make a bet  YES - 1BTC (all-in, my balance now is a zero)
Federer play nice and after a some time , i see that No is a @4
and i make a bet  No - 0.5BTC (in same time when i have zero on my balanse)
And what we have
Yes - profit +0.5BTC
No - profit +0.5BTC
I can't lose more than 1BTC but i make bet in a summ at 1.5BTC, at time when i have only 1BTC in my balance
if lose Yes - 1 and + 2-0.5 at No
if lose No  - 0.5  and + 2-1 at Yes

I hope you understand me)
with this step you can up  liquidity on your markets

also is work to another way
Let's say Federer play as sh*** and i want fix my losses and save some money
now odds to No @1.3
i make a bet  No - 1.54 BTC
Yes - lose -0.54BTC
No - lose -0.54BTC
I'm a save 0.46BTC . Still can't lose more than 1BTC but i make bet in a summ at 2.54BTC, at time when i have only 1BTC in my balance

So the more bets - the more fees
Also with this system, players can make much more bets. Because they will be have much more free money for another markets

[springbro2010]

And one more idea.  An example
Federer win
yes @2
no @2
I have 1BTC - is all what i have on my balance
next i make a bet  YES - 1BTC (all-in, my balance now is a zero)
Federer play nice and after a some time , i see that No is a @4
and i make a bet  No - 0.5BTC (in same time when i have zero on my balanse)
And what we have
Yes - profit +0.5BTC
No - profit +0.5BTC
I can't lose more than 1BTC but i make bet in a summ at 1.5BTC, at time when i have only 1BTC in my balance
if lose Yes - 1 and + 2-0.5 at No
if lose No  - 0.5  and + 2-1 at Yes

I hope you understand me)
with this step you can up  liquidity on your markets

also is work to another way
Let's say Federer play as sh*** and i want fix my losses and save some money
now odds to No @1.3
i make a bet  No - 1.54 BTC
Yes - lose -0.54BTC
No - lose -0.54BTC
I'm a save 0.46BTC . Still can't lose more than 1BTC but i make bet in a summ at 2.54BTC, at time when i have only 1BTC in my balance

So the more bets - the more fees
Also with this system, players can make much more bets. Because they will be have much more free money for another markets

From the above case, it looks like that you can make more bets but you will lose in total. That is what "margin" means on the market detail page.

[erol34]

Do you allow your market makers to know which Fairlay user just placed a bet against them?

Hi.  Can you please answer this question?

[FairlaySupport]

@erol34    I would have to check again, but I think it might be possible to retrieve the User ID via our API.  Even if it's possible,  I doubt that this information is used after all.

[erol34]

@erol34    I would have to check again, but I think it might be possible to retrieve the User ID via our API.  Even if it's possible,  I doubt that this information is used after all.

Why would you allow this?  That's an incredible violation of privacy.

[FairlaySupport]

To correct myself:  Private information like that are of course only available to admins, market makers do not have access to that information via our API.

[erol34]

To correct myself:  Private information like that are of course only available to admins, market makers do not have access to that information via our API.

So, what exactly do market makers have access to?  An account ID number, or no information about the source of the bet whatsoever?

[FairlaySupport]

Only admins (our staff) have access to the Account ID, market makers do not.

[erol34]

Only admins (our staff) have access to the Account ID, market makers do not.

So as an example:  if a MM receives two bets that are 10 minutes apart, he has no way to know whether they did or did not originate from the same account, correct?

[FairlaySupport]

Currently not, but a few words about your privacy concerns regarding the User ID:

In an effort to decentralize our infrastructure we are  storing all crucial data  like  market data,  relevant user data (User ID, bankroll, Public Key) and order data on different servers. Sooner or later this data will be made publicly available, so that anyone can process and verify bets, settlements and bankroll adjustments.  

Our next step in this direction will be the real time proof of reserve, which we will release till the end of the year.

Private data like email adresses, bitcoin addresses, private keys and password hashes will of course not be shared and be kept absolutely secure.  

If you want to be 100% sure you are not tracked or profiled via your User ID in the future, you may create a new account every other week.
This is similiar to Bitcoin, where you can either reuse Bitcoin addresses for convenience or use a new one for every payment if you value privacy.

[erol34]

Currently not, but a few words about your privacy concerns regarding the User ID:

In an effort to decentralize our infrastructure we are  storing all crucial data  like  market data,  relevant user data (User ID, bankroll, Public Key) and order data on different servers. Sooner or later this data will be made publicly available, so that anyone can process and verify bets, settlements and bankroll adjustments.  

Our next step in this direction will be the real time proof of reserve, which we will release till the end of the year.

Private data like email adresses, bitcoin addresses, private keys and password hashes will of course not be shared and be kept absolutely secure.  

If you want to be 100% sure you are not tracked or profiled via your User ID in the future, you may create a new account every other week.
This is similiar to Bitcoin, where you can either reuse Bitcoin addresses for convenience or use a new one for every payment if you value privacy.

Why would you ever want/need to make a user ID and his online activity available to the public?  No other sportsbook or exchange does this -- and for good reason. 

There should be no need for users to create new IDs every week if they do not want to be tracked and published.

[springbro2010]

Dear support,
Another question about API,
Is the BTC amount of unmatched bid/ask of Runners are updated real time?
I got a result of "partially matched" when I  submitted an order to take the bet which had enough unmatched BTC amount.

[FairlaySupport]

Unfortunately there is no way around some public unique identifier if we want to become more decentralized.  The very simple process of creating new accounts to protect your privacy can probably be automated.

[FairlaySupport]

Dear support,
Another question about API,
Is the BTC amount of unmatched bid/ask of Runners are updated real time?
I got a result of "partially matched" when I  submitted an order to take the bet which had enough unmatched BTC amount.

Yes the odds on the market page on Fairlay are updated in real time when you open it.

[vokain]

Is 2FA available?

[modulate]

Hi,

can someone tell me what happens to the bets placed on the "Next President" market if:

the election doesn't go ahead, or is somehow annulled?

do the "against" betters win by default?