Bitcoin Forum
April 18, 2019, 07:32:04 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question:  
 
 

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 [39] 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 ... 97 »
  Print  
Author Topic: ★BetBTC★ Sportsbook & Casino | Bitcoin Sports Betting | Since 2014 | 100% Bonus  (Read 114233 times)
Kepler510
Member
**
Offline Offline

Activity: 112
Merit: 10

Power The world for FREE!


View Profile
February 06, 2016, 12:49:59 PM
 #761

I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

0.11 is a gift that you get when you win the bet. And if you lost the bet balance 0.01 will be lost. The number of supporters do not specify, which determines your win or not is in the game itself

1555615924
Hero Member
*
Offline Offline

Posts: 1555615924

View Profile Personal Message (Offline)

Ignore
1555615924
Reply with quote  #2

1555615924
Report to moderator
1555615924
Hero Member
*
Offline Offline

Posts: 1555615924

View Profile Personal Message (Offline)

Ignore
1555615924
Reply with quote  #2

1555615924
Report to moderator
100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
stingers
Legendary
*
Offline Offline

Activity: 1154
Merit: 1013


View Profile
February 06, 2016, 12:58:33 PM
 #762

I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?
twister
Hero Member
*****
Offline Offline

Activity: 672
Merit: 501



View Profile WWW
February 06, 2016, 01:05:18 PM
 #763

I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?

In the above example if you lose then you'd lose 0.1 but if you win you'd only win 0.01, since you're the one giving 11x odds.

 

██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
 
Get Free Bitcoin Now!
  ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦   
0.8%-1% House Edge
[/
BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 06, 2016, 01:45:03 PM
 #764

I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?

In the above example if you lose then you'd lose 0.1 but if you win you'd only win 0.01, since you're the one giving 11x odds.

Please tell me if this response cleared your doubts.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 06, 2016, 02:00:19 PM
 #765

2016 RBS 6 Nations is about to start.
There are 12.508 Bitcoin Matched.

stingers
Legendary
*
Offline Offline

Activity: 1154
Merit: 1013


View Profile
February 06, 2016, 02:06:06 PM
 #766

I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?

In the above example if you lose then you'd lose 0.1 but if you win you'd only win 0.01, since you're the one giving 11x odds.

Please tell me if this response cleared your doubts.
Yes it did. Sorry for being too naive. I am pretty new to this lay betting thing. Also, how do I know what is the profit involved for the website itself? What percentage of wins do you charge? Are they charged both on wins and losses?
BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 06, 2016, 03:59:19 PM
 #767

I just wanted to know that does my lay bet winnings depend upon the no. of people backing that bet? Suppose I put a lay bet of 0.01BTC  on 11x odds and my liabilities are 0.1BTC. So does that simply mean that if I win, I will be getting 0.11BTC(even if the number of backers are 0) and if I loose I will loose 0.1BTC. Or is my winning and loosing depends on the number of backers?
Please explain.

If your bet is matched and you win you'll get the return, if it isn't matched, it'll get cancelled prior to the start of the event.
It shows my bet has been matched. But as far as I understand lay betting, doesn't it mean that we are betting against the people who are backing the bet? The backer in my event has put less amount than what I am supposed to win if my bet wins. So hoe come I will receive the full return? Or is it that I will only win the amount that has been put on stake by the backer? Or will I get the full return as my bet has been matched?

In the above example if you lose then you'd lose 0.1 but if you win you'd only win 0.01, since you're the one giving 11x odds.

Please tell me if this response cleared your doubts.
Yes it did. Sorry for being too naive. I am pretty new to this lay betting thing. Also, how do I know what is the profit involved for the website itself? What percentage of wins do you charge? Are they charged both on wins and losses?

There's no problem on that, we appreciate clearing out customer doubts, we know it's not simple on the beggining.

We charge only 4% on gross market winnings, if your global figure on a market is negative (even though you may have win some bets) we won't charge you anything.

For anyone that wants to get a quick explanation of how back / lay betting work, check this video we produced:
https://www.youtube.com/watch?v=32qxAOyVZlU

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 06, 2016, 04:00:18 PM
 #768

#Scotland vs #England is about to start.
There are 12.004 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 06, 2016, 05:00:10 PM
 #769



#Southampton vs #WestHam is about to start.
There are 12.536 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 06, 2016, 06:00:07 PM
 #770



#Lorient vs #Montpellier is about to start.
There are 5.21 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 06, 2016, 07:00:08 PM
 #771



#Genoa vs #Lazio is about to start.
There are 5.978 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 06, 2016, 09:00:08 PM
 #772



#SportingGijon vs #Deportivo is about to start.
There are 5.944 Bitcoin Matched.

Anddos
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
February 06, 2016, 11:54:36 PM
 #773

Really feel like this one is the website which can give a though competition to its competitors in the bitcoin world. Will be trying out betting on Live Events really soon. Also, I find them better than directbet because they offer you to depsoit your BTC thus making it more convinient to play in live events.

What did you feel were your chances on the site? I haven't bet yet but I'm tempted. Still a bit afraid though about losing.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 07, 2016, 10:00:23 AM
 #774



#Levante vs #Barcelona is about to start.
There are 15.93 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 07, 2016, 11:00:08 AM
 #775



#Verona vs #Inter is about to start.
There are 6.166 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 07, 2016, 01:00:23 PM
 #776



#Bournemouth vs #Arsenal is about to start.
There are 20.986 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 07, 2016, 02:00:08 PM
 #777

#Ireland vs #Wales is about to start.
There are 14.06 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 07, 2016, 03:00:18 PM
 #778



#Chelsea vs #ManUtd is about to start.
There are 10.872 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 07, 2016, 05:00:14 PM
 #779



#CeltaVigo vs #Sevilla is about to start.
There are 9.282 Bitcoin Matched.

BetBTC
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile WWW
February 07, 2016, 05:48:08 PM
 #780

From tomorrow you will be able to choose your anonymous payout address! Shocked


Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 [39] 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 ... 97 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!