Post
Topic
Board Gambling
Re: BetBTC | The Bitcoin Sports Betting Exchange | Betfair Alternative
by
BetBTC
on 24/08/2015, 19:39:11 UTC
i am from india and i am not using any proxy or like that , i use 3g dongle , other sports betting websites are opening without any problem, only your site is giving this type of problem.

i mostly use trading for cricket , soccer and tennis sports matches.

Please message us with your IP address.

would you be interested in selling the script of BetBTC?

I think your site has not enough liquidity currently (not even 0.050 BTC in most markets and too big spreads) and I would be interested in buying it from you  Wink

The software is not for sale. Contrary to what you wrote, betbtc is growing each day and we are verifying more liquidity every month Smiley

Let´s look at an example match, champions league qualifier between Tel Aviv and Basel  Wink
Quote
3,25 Back / 3,75 Lay
2,14 Back / 2,42 Lay
3,40 Back / 3,85 Lay

Market "depth" at the odds posted above:
13 mBTC Back / 26 mBTC Lay
531 mBTC Back / 335 mBTC Lay
2 mBTC Back / 1 mBTC Lay



Conclusion:
-market depth / available volume is a joke, the only selection, which is remotely acceptable is the volume for Back or Lay Basel... and even these numbers are way too low
-spreads are way too big (and I have not even included your commission in my calculations)


This of course only was one example market, but by looking at other available matches the situation is very similar at all markets.

Don´t get me wrong, I like your site and I would be very happy if it would grow but at the current liquidity I simply cannot use it. And with these big spreads
BetBTC is no competition for most of the other sportsbooks/exchanges  Sad




You may be aware that all liquidity available on BetBTC is provided by our users, this way you can't compare with the lines offered by regular sportsbooks because the spreads and the low liquidity are not BetBTC's fault.

If you had used BetBTC since the beggining (especcially before the API was implemented, just like 4 months ago) you would know the growing that I'm talking about. At that time there were only just little markets with unmatched volumes and users deposits were too low comparing to now. Believe me, we keep growing...  Grin

Keep offering a good service, always paying on time, and keep staying on the market for long enought like the "other sportsbooks" that you are reffering to, would bring the more users and liquidity that we are missing at the moment.

We have no hurry to break our milestones. We know the amazing solution we developed, mow we need to wait and the time will talk by itself