Post
Topic
Board Gambling
Re: bitcoin-betting.com - DeFI Betting Exchange. No KYC, fully decentralized.
by
Ojima-ojo
on 11/11/2024, 19:43:39 UTC
1. Thank you for the nice words.

Wouldn't call it a casino.  Rather a betting exchange with a sportsbook front-end.


2. Withdrawal fees.

There are none.  You make a withdrawal by interactiving with a smart contract and the fees for that vary. It can be 30c  or 3 USD - depending on the market situation.
But thanks for the feedback. This info will be added to the homepage.

3. Invite-Only

As everything runs on a decentralized network, once invited it is not possible for us to freeze assets from users.  So we have to take some measures to not let bad actors in in the first place.  With Fairlay, some bad actors used to have several accounts and it was very hard to ban them.   With Bitcoin Betting everyone can easily see who was when invited by whom.

More here: https://github.com/Fairlay/Bitcoin-Betting?tab=readme-ov-file#getting-access--and-referral-bonus-system

Can we make a sport bet directly from your sport bet section?


And when you said betting exchange, it a kind of confusing to some of us here and this could build some misinterpreted I formation, so can you take the time to explain what are your service as a betting exchange, can one exchange their assets from one coin to another interacting with the site through the Smart contract?


How does this thing work, please more explanations is needed for clarity sake.