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

[FairlaySupport]

Good idea.  We thought about it.  We would have to convert the altcoin to bitcoin and when you exchange currencies there are always fees.  But if you only deposit 10mBTC, these fees would probably be lower than Bitcoin transaction fees right now.  

Anyway, we hope the community will get rid of Core devs like Luke Jr and Greg Maxwell who promote full blocks and high fees.   It's a real pitty that most Core devs have no knowledge of and no feeling for business and economics and are also too arrogant to listen to the most successful business men in the space.  

By limiting the supply for onchain transactions  they also stall the demand for it, because people will use alternatives.  Every drug dealer knows, that you first have to provide a cheap and large supply before you can expect high demand.    The self-righteous  behaviour of Blockstream is hindering the growth of the network and also the amount of transaction fees in the future and therefor the security of Bitcoin.

Lightning network is a good idea and we think it should be tried. But every business man knows, that the path from a good idea to a product that can and will be used by millions is a long and difficult one.   Unfortunately Core devs are horrible entrepeneurs, their Company generates a loss of about 1m per month with no light at the end of the tunnel.  We are again asking all our customers not to trust Core with any economic decisions.

[kkris]

betmoose and bitbet are rather primitive betting sites. Betfair, Betdaq, Smarkets and so on are more serious ones.

If by primitive you mean usable without needing a tutorial, then yes, they're primitive. You should make your own website fairlay.com more primitive.

[ctlaltdefeat]

New UX when 

betmoose and bitbet are rather primitive betting sites. Betfair, Betdaq, Smarkets and so on are more serious ones.

If by primitive you mean usable without needing a tutorial, then yes, they're primitive. You should make your own website fairlay.com more primitive.

I find it hard to believe that you would bet without understanding backing/laying decimal odds.

[8xbt.com]

Prices are about the same?! @8xbt.com

I think so, just very slight difference right now. More terrorist attack should favour Corbyn now. Really not much correlation with bitcoin issue.

[Fixelifix]

Placed a bet  Kevin Krawietz vs. Andrej Mart...   2.220   Kevin Krawietz   Yes   19.10   1 hour, 29 minutes   0 minutes

When will it be settled?

[Samarkand]

Good idea.  We thought about it.  We would have to convert the altcoin to bitcoin and when you exchange currencies there are always fees.  But if you only deposit 10mBTC, these fees would probably be lower than Bitcoin transaction fees right now.  

Anyway, we hope the community will get rid of Core devs like Luke Jr and Greg Maxwell who promote full blocks and high fees.   It's a real pitty that most Core devs have no knowledge of and no feeling for business and economics and are also too arrogant to listen to the most successful business men in the space.  

By limiting the supply for onchain transactions  they also stall the demand for it, because people will use alternatives.  Every drug dealer knows, that you first have to provide a cheap and large supply before you can expect high demand.    The self-righteous  behaviour of Blockstream is hindering the growth of the network and also the amount of transaction fees in the future and therefor the security of Bitcoin.

Lightning network is a good idea and we think it should be tried. But every business man knows, that the path from a good idea to a product that can and will be used by millions is a long and difficult one.   Unfortunately Core devs are horrible entrepeneurs, their Company generates a loss of about 1m per month with no light at the end of the tunnel.  We are again asking all our customers not to trust Core with any economic decisions.

I´m glad you are considering it.

This is simply a big problem for small deposits if the bitcoin transaction fee is developing like this:
https://bitinfocharts.com/comparison/bitcoin-transactionfees.html

[FairlaySupport]

@Samarkand  - all our focus is on the new site right now.  After that we will look deeper into it.



All withdrawals are currently halted  as someone sent funds to our dispute address.  We will look into the raised issue within the next 24 hours.

[FairlaySupport]

We resettled a bunch of markets in the Esports category.   Please note:
If you knowingly bet on non-inplay markets after the game started, we might consider this betting fraud and will close the account if it happens several times.
We will also adjust the closing date and void all these bets as soon as we get a notification.



We are going to clear our dispute address shortly. Once it's empty, withdrawals will automatically resume  after 6 hours.  
Everytime our dispute address 1B9UmvQSeRkpAotgZbc7TZTaup7zxrwJ3Y contains at least 10mBTC all withdrawals are automatically halted.

EDIT:  Withdrawals are working again.


  

[ctlaltdefeat]

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

[Samarkand]

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

How high is it currently in mBTC?

[FairlaySupport]

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

You are right.  We will reduce it to 1mBTC in the following days.

This will apply for all past and future markets. You may already go ahead and create a market.

[ctlaltdefeat]

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

You are right.  We will reduce it to 1mBTC in the following days.

This will apply for all past and future markets. You may already go ahead and create a market.

Thanks, created. Where do you think Alexis Sanchez will sign?

https://fairlay.com/market/football-transfers-alexis-sanchez/

[8xbt.com]

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

You are right.  We will reduce it to 1mBTC in the following days.

This will apply for all past and future markets. You may already go ahead and create a market.

Thanks, created. Where do you think Alexis Sanchez will sign?

https://fairlay.com/market/football-transfers-alexis-sanchez/

Bayern is the favorite I think.

Nice market. Can create more players transfer market.

[adaseb]

Just wondering if you guys are going to have a "Flippening" type of bet if/when ETH surpasses BTC marketcap?

I haven't searched your site but I am wondering if you are planning on introducing this type of instrument, I think it will be useful for most since it looks like they are pretty close.

[FairlaySupport]

Just wondering if you guys are going to have a "Flippening" type of bet if/when ETH surpasses BTC marketcap?

I haven't searched your site but I am wondering if you are planning on introducing this type of instrument, I think it will be useful for most since it looks like they are pretty close.

Yes it's strange noone created that market yet.  You might have to do it yourself

[faitaccompli]

Why are there no baseball markets today?

[FairlaySupport]

There are plenty....

[faitaccompli]

yes I see them now. But not when I initially made the post and it wasn't just 1 game that was missing which wouldn't be strange, it was that there were no games at all on the board.

[faitaccompli]

site appears down now. hopefully won't be for a long time?

[FairlaySupport]

site appears down now. hopefully won't be for a long time?

Sorry, it was  a small problem when pushing an update.