Post
Topic
Board Gambling
Re: FAIRLAY - The BETTING EXCHANGE - super high liquidity, 0% fees on sports
by
bitwager
on 11/02/2016, 00:21:16 UTC
Thanks for the explanation, fairlay.

For the record, I definitely wasn't accusing you of dishonest practices.  I was just saying that a case of a losing bet that is canceled due to being past the closing time is much more illustrative of a fair policy than a winning bet that is canceled.  I haven't had a single wager canceled myself.

Similarly, after some time using a book a user will somewhat frequently encounter its "odds have changed" notice when trying to place wagers.  It pretty quickly becomes apparent if a book is only showing that notice when the odds move in the user's favor.  I suppose it's arguable that it is not dishonest for a book to do that, but that is blatantly unfair in my mind.  Bitbook, which in its heyday was a top BTC book, did this and did not respond when it was pointed out publicly.