Post
Topic
Board Gambling
Re: FAIRLAY - The BETTING EXCHANGE - super high liquidity, 0% fees on sports
by
ryhel
on 18/07/2015, 21:48:15 UTC
#1
Maybe enable stats for anonymous users?

example:
https://www.fairlay.com/user/public/your_cashout_address/
https://www.fairlay.com/user/public/your_cashout_address/?category=

without showing them there ("Public profiles") -> https://www.fairlay.com/highscore/

I mean:...only who knows own cashout address, will be able to check stats.

#2
...we like to point out, that we currently offer 0% fees in the whole sport & fun section. We will add these infos to the website soon. 

I analyzed some addresses and transactions...

0% fee - it is not true. Let's take some bet for example (tennis bets on Fairlay - Winnings: 1 BTC):

https://www.fairlay.com/anonymous/13aHxeXx8M8YqbeshqYPzdquuDnKj9n57y/
mBTC accepted: 200
odds: 1.251
cashout: 249.73
Transaction fee: 0.5 mBTC

https://blockchain.info/tx/489efb1e1f1b182d19cafac6d8506b03dc1aa49098bffda4fa9065c0a2bf9edb
Fee: 0.1 mBTC

so you take 0.4 mBTC every cashout to yourself

sometimes you take 0.5 mBTC, example:
https://www.fairlay.com/anonymous/1UZVZeu2ygCxzsEmzbWYAaJB8ecjNdtCJ/
mBTC accepted: 1,000.00
odds: 1.143




If you put 0.1mBTC as a fee the transaction will usually be in the next block.



We both know that 0.1 mBTC and 0.5 mBTC is the same speed (usually be in the next block). You wrote 0.5 mBTC per transaction only because you want take 0.4 to your pocket and now you tell people that there is 0% fee on sports.

https://www.fairlay.com/anonymous/19BkX2C9AWKjrdLvy7pQeMmDYM69PDghtt/
https://blockchain.info/tx/155763445e2e48c69ee64c85f15f6f453792849a5d5ffe061d42c9a633ebcf8e



300.00 * 1.383 - 0.1(fee) = 414.80 not 414.40

conclusion: there is no 0% fees in the whole sport & fun section because there is hidden extra charge (0.4 mBTC fee on every cashout) which does not mention anywhere. If you have 10000 cashouts per month you take 4BTC to yourself (transparently). Better to tell people the truth that there are additional charges than pull the wool over their eyes that there is no fees at all.