Hello,
Since this forum is littered with newcomers in the sportsbetting arena, we thought we'd clarify a few things about our site as it has been mentioned before:
1)
We are affiliated with BTCSportsBet - the oldest and most trusted Bitcoin Sportsbook. No concern about backing or financial stability of one of these newcomer sites.
2)
We're a hybrid exchange; that is, like an exchange you match other users. Unlike a traditional exchange, the odds are constantly updated so all bets take place at the current, vig-free odds at the time of the match. This means that users don't have to watch the odds and adjust their orders all the time if the market moves.
3)
What does vig free mean? We use the true vig-free calculation (overround correction) so that both sides receives the same, accurate odds at the time. Nearly all spread wagers are at EVEN (or +100, or 2.0, whichever you prefer). It means that a moneyline favorite of -247 means the person with the underdog gets +247
4)
What's the catch? The winner of each bet pays a flat 1% fee on won amount only. That's it. That is cheaper than BetFair or Matchbook, and quite simply the best odds on the planet. It is like paying -100.5 or 1.99 on each bet instead of the normal -110 or 1.91
We've had some positive reviews on SBR (that have unfortunately been deleted with the other bitcoin threads) and 2+2. So if you are really concerned about getting the best odds for your sportsbets, check us out. If you don't get matched, then go ahead and bet at a traditional sportsbook like btcsportsbet.
We will also be seeding NCAA Tournament games so users can get action on either side at vig-free,
Let us know of any questions!
http://BTCSportsMatch.com