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Re: [ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 01/07/2017, 18:57:21 UTC
Click to right arrow. It is 2 (two) stages on 26 june. Or I don't understand a problem?
Are you say about withdraw?

The original page, in my screenshot, did not have an "extra arrow" or blip for a second 26 June entry... There was just one until I pointed it out on here.

Why even have 2 blips for the same date anyways? That makes no sense... it was added afterwards.

This coin is sketchy and I'll be getting out as soon as a possibly can. Good luck to anyone else who's invested even more than have.

PM me I'll buy your coins.
Sure. Add me on Skype: CryptoAnna

Haha! Yeah! They can simply wait for a day or two to piss off their stakes at Waves if they have no faith in it.

But I don't think one who is able to sabotage his own ship does actually have any coins!  Grin

It's been four so far, with no updates from the team. Doesn't give much confidence and lacks any professionalism. I'd even accept an email where they apologize for not sticking to their first important deadline, and that they were working on it with an explanation on why they're behind. Are they going to manually be giving out tokens, going through each account separately? They have funds now, they should at least hire someone competent enough to handle distribution. Or even pay someone to keep us updated, for that matter.

Also, since no one seems to point out the following inconsistency: "The blockchain network starts", which is listed on the 26th... but their TestNet releases late Q4 2017. I mean what blockchain network? They don't even have one... and we don't even know if anything is even in development because their github is still empty. Again, red flags everywhere, but I'll let you guys make your own judgement from now on because I really don't care if you end up losing from this.


This is all we literally have on the code side of things:

 # HTML5-Wallet
-Wagerr HTML5 Wallet Develeopment
+Wagerr HTML5 Wallet Development

A 2 lined readme... which needed typo fixing.


Please allow me to explain.

The typo on June 26th about the blockchain starting was written before the ICO started and ended, when we planned to fork Dash or issue ERC20 tokens.

I'll give you that it was not updated in a timely manner — please pardon our devs who were working overtime for most of the later rounds processing an enormous number of seriously delayed Ethereum transactions manually — but you're other two statements are incorrect.

- On your complaint of communication, we issued plenty of communications explaining the pivot to Waves. I recommend you subscribe to our newsletter or slack announcements, and read our news blog if you want the latest.

- Regarding the funds raised, we do not have unilateral access to the escrowed funds, and we have not received a penny of it yet.


The HTML5 wallet prototype actually does run a Wagerr daemon. Look at the files created and see for yourself.


Thank you for your time and interest in Wagerr and I hope you check it out again when we deliver testnet.
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Re: [ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 20/06/2017, 03:26:16 UTC
I just tried to buy 21306 WGR, transferred BTC from poloniex to the wallet generated by Wagerr, after 1 hour expired I did not get anything, got screenshots to prove it, got transaction id to prove it, now what do I do? Where did my BTC go?

Hello!

Perhaps you did not account for the withdrawal fee so our system did not receive a fully matching transaction. We'll need to manually process it.

In order to expedite your issue, please email support with the following info in plain text:

- email address
- WGR amount
- requested BTC amount
- payment address and transaction id

Include your aforementioned screenshots as that is very helpful as well. We'll review your transaction details and your account to be credited the proper amount of WGR.
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Topic
Re: [ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 13/06/2017, 14:36:09 UTC
So the US casino industry is trying to repeal the law that prohibits sports betting in most states.  This can only be good news for all gaming sites including Wagerr without having to worry about any US government regulation if it's repealed.

https://www.reviewjournal.com/business/casinos-gaming/casino-industry-boosts-effort-to-repeal-sports-betting-ban/

Wagerr is an open source peer to peer network, thus there is no central authority to worry about legality.
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Topic
Re: [ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 13/06/2017, 14:29:57 UTC
Ok.  In a peerless bet who is responsible for setting of odds.  Would these be lifted from other "legal" sites or will Wagerr employ rafts and rafts of risk analysts, odds compilers and traders to set each market - remember each individual sporting event would have its own vast array of betting markets for each individual match.  Setting of these odds would also require some degree of local knowledge.  Idiosynchrasises such as "Team or injury news" also go a a large way in determing how odds are set.

Also, the dynamic odds situation is a tool that is used by all bookies.  It doesnt necessarily mean that the book isnt overly balanced on one side of a market. Sometimes the house just has to assume that risk.

do you mean "isn't overly unbalanced?"

There is no way to perfectly balance as you mentioned, it's about reducing the risk of overly unbalanced events so that the "house edge" is maintained, on average, over a long period of time.

Lines are initially pulled from existing sources, part of the data gathered by the Oracles. As more bets are placed one way due to "news" or whatever, the lines are adjusted to encourage more bets the other way. No knowledge is required.

The player sets or chooses their own lines with H2H and MU bets.

Thanks for the response.  I did indeed mean unbalanced.  I have invested some in this project.  I feel the market is potentially huge.  I guess time will tell just how many markets each event will have and indeed how many events will be covered.  Will inplay betting also be on offer or is that still very much further down the pipeline.

The beauty of Wagerr's betting contracts is that there does not need to be many participants per event. Unlike prediction markets, which require a large number of participants to work efficiently. In fact, with Direct Chain betting, it is 100% peerless.

Yes, we have achieved the milestone for Live Betting (see Round 15, https://wagerr.com/ico).
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Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 13/06/2017, 00:47:36 UTC
Ok.  In a peerless bet who is responsible for setting of odds.  Would these be lifted from other "legal" sites or will Wagerr employ rafts and rafts of risk analysts, odds compilers and traders to set each market - remember each individual sporting event would have its own vast array of betting markets for each individual match.  Setting of these odds would also require some degree of local knowledge.  Idiosynchrasises such as "Team or injury news" also go a a large way in determing how odds are set.

Also, the dynamic odds situation is a tool that is used by all bookies.  It doesnt necessarily mean that the book isnt overly balanced on one side of a market. Sometimes the house just has to assume that risk.

do you mean "isn't overly unbalanced?"

There is no way to perfectly balance as you mentioned, it's about reducing the risk of overly unbalanced events so that the "house edge" is maintained, on average, over a long period of time.

Lines are initially pulled from existing sources, part of the data gathered by the Oracles. As more bets are placed one way due to "news" or whatever, the lines are adjusted to encourage more bets the other way. No knowledge is required.

The player sets or chooses their own lines with H2H and MU bets.
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Topic
Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 08/06/2017, 02:42:19 UTC

How much left ICO end ?


june 25th 2017 end

There is only 56.732M WGR left available and we are in Round 14 of 20.
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 06/06/2017, 21:04:24 UTC
About how much time will this transition time of using Wawes blockchain take? After the ICO ends on 25 June, Wawes WGR will launch, but how much till real WGR launches, approximately?

wagerr.com/roadmap
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 06/06/2017, 15:53:14 UTC
The First Golden Ticket raffle draw for Rounds 6-10 is starting live in a few minutes!

http://youtu.be/qL-tKPVHu2c
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 05/06/2017, 04:18:37 UTC
I see that we're in Round 9 today, and it looks like we'll be going into the extended rounds 11+  Grin

I haven't seen it anywhere, but can someone confirm if the bonus structure for getting into the earlier rounds will continue?  So that Round 1 participants would get a 10% bonus, Round 2 would get 9%, and so on when Round 11 is completed.

Thanks.

First half investors continue to receive additional bonuses in the second half. Smiley

There are no bonuses for new investments in the second half, and 100M WGR is offered. Price starts at $.06 in Round 11.
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 03/06/2017, 21:51:39 UTC
I want to buy Wagerr with ETH and then I see this: Most wallets deduct fees from your transaction. Dont forget to add the fee to the total due.

How do I know how much fee I have to add? I use Bittrex

Thanks!

The fact that you don't understand that you should NEVER use an exchange address to send coins anywhere but your own wallet disqualifies you from the ICO. Just don't.

Why exactly shouldn't you do it? Possible problems with escrow if needed?

In the event of a refund from escrow, it does create problems because hosted wallets send from addresses that aren't unique to the investor.

Additionally, the Wagerr.com checkout system allows for 1 hour to receive funds, on all WGR price quotes. This is resulting in many investors purchases requiring manual confirmation.

If you want the price that the system quotes, in the Round you want, don't send from online wallets or exchanges.

We are fine with this trade off, to protect us and the investor against price volatility.
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 02/06/2017, 04:45:21 UTC
If you have issues please email support@wagerr.com ... please include your issue, your wagerr email, your txid and your deposit address.

I sent them, but no reply for resolving it yet.  I sent 1 BTC this morning, I should get the 9% Bonus,  but it's not showing in my WGR balance.  My ETH went thru.  It's been over 30 confirmations at least.

I sent to the BTC address generated and after a few minutes, I refresh the page with the timer still counting down.  After 3 confirmations I decided to close the browser and relogin, but due to site slowness of this mornning, I can't get back in.   I'm in now and I still don't see my updated balance from the BTC deposit.

I had sent support an email this morning with all the info already.



I'm pretty sure the bonuses are dependent upon the number of rounds completed and aren't paid out until the completion of the ICO.

You will only see your 9% bonus if all 10 rounds sell out

Yeah.  R they going to honor the TX ID from this morning when it was at round 1 or R they going to credit/update my BTC at current round 4 level instead.   It's been over 14 hours from when I sent them an email to suppot.   R they going to resolve folks who deposited BTC, then their website crashed after we sent the BTC.  I'm not seeing my balance credited with WGR.


Sorry about your BTC investment not being credited. What is your ticket number?

As long as it's confirmed during Round 1 you're good. We will always do the right thing with respect to things like that.
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 01/06/2017, 15:04:43 UTC
This isn't looking good for Wagerr, especially being a sportsbook.  What if it happens right before a game/match that someone plans to bet big on?  They could be losing out on some serious cash.  

This is why centralized systems suck. On the other hand, we preferred this risk to avoid the pitfalls of it selling out to a handful of whales in 5 minutes.

Wagerr is a fully decentralized betting system that just does one thing well, so it is designed to handle the level of scale big events require.

Can you explain, how to claim back BTC that weren't confirmed in wagerr.com?

I sent from exchange.

Thank you!

Please email support@wagerr.com with your wagerr.com registered email address and TX ID, and we will verify everything is correct. Thanks!
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 01/06/2017, 14:58:26 UTC
This isn't looking good for Wagerr, especially being a sportsbook.  What if it happens right before a game/match that someone plans to bet big on?  They could be losing out on some serious cash.  

This is why centralized systems suck. On the other hand, we preferred this risk to avoid the pitfalls of it selling out to a handful of whales in 5 minutes.

Wagerr is a fully decentralized betting system that just does one thing well, so it is designed to handle the level of scale big events require.
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 31/05/2017, 14:46:14 UTC
For the Investors that like their odds...brilliant.
Until WAGERR came along I thought VSL was the bomb...good luck here all, I love the odds here...
Bodhi

Thanks! I think I came up with that line... lol

See you tomorrow, 1PM GMT!
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 31/05/2017, 14:41:35 UTC


Ayyyy there we go. Reading it now Smiley

EDIT: thanks for getting the whitepaper up... What I dont see is the POS staking rate? Can you share a little bit about that?

1% of the total issuance per year as a fixed block reward. This translates to a decent APR individually since not all the network will stake 24/7.

Reason we didn't include this info is because it is not a critical number for us, but we will make sure to include it in the next update. Interestingly, it is also one of the parameters Oracles will likely vote on keeping or changing every year.

It will be interesting to see where the market finds equilibrium with this inflation rate combined with the destruction of 48% of betting fees.  Shocked

Great, thank you for the prompt response. Reading through the white paper has definitely pushed more of my interest towards the project. I guess it doesnt really matter how you developed the algorithms for the value coupling and deflationary systems but I am assuming I will be able to review them once the open source code gets pushed to github?

I look forward to participating in the ICO tomorrow. If ETH price keeps rising the ICO will sell out pretty damn fast I am assuming haha

You can see how it works on github in a few months. Smiley

We understand it is desirable for transparency, but need to protect the interests of the project right now...
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 31/05/2017, 14:37:26 UTC
do we able to send BTC directly from exchange?


This is a bad idea. Your purchase would likely fail to confirm in time and your coins in that round would be re-allocated to someone else.

It is better to convert to something with faster block times - ETH, Dash, LTC, USDT, basically any of the others accepted, and send from a regular wallet. If you must use an exchange, please don't use BTC.
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Topic
Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 31/05/2017, 14:35:18 UTC
so wait, if the crowdsale sells out before the 14th you will issue another 100m tokens to the market for sale? Sorry in advance if i have this wrong

Thats how i understand it. I surely will not try to advertise it if we hit the 100 million.  I have a felling that the first 100 million will sell out, probably not in record time, but sell out... could be wrong, but lots of interest in the last couple days..

thanks for your reply. Personally I dont understand why they would start a second crowdfund for another 100 million tokens diluting the original investors investment by 50%. Why not just set a hard cap for the full amount you wish to raise, which from what I can see is $9.25 million

I like your project Wagerr team but I am now cautious investing on first day, I would rather lose the bonus than invest and not know if my coins are worth 50% less in a few weeks because an extra 100 millions tokens have been sold

However i will be watching closely and invest once i feel comfortable about numbers of token supply

Interesting viewpoint but not correct, the market cap would double and your coins would be worth exactly the same.

Thanks for your reply, i am a little clearer now. I wish Wagerr team all the best success in this exciting project and will be waiting for June 1st

The value of your tokens won't half but your equity might nearly half.

So if the market valued wagerr at $15 million after the ICO, $100 worth of shares would be worth $150 if there are 200 million shares issued vs. being worth $300 if there are only a 100 million issued. So be vewwy vewwy quiet about promoting Wagerr till June 15th Smiley

I get what you're saying but bonuses for Rounds 1-10 do continue so it's not quite that extreme. And I still contend that wider initial distribution equates to a higher market cap and greater chance of success in the end.
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Topic
Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 31/05/2017, 14:29:32 UTC
I've just read through the white paper and the concept seems sound for an industry that is ripe for disruption.

My biggest remaining question is to do with marketing. As I see it, to use the network and bet you need to hold wagerr tokens. What will drive people to seek out and use wagerr over other services. Even if wagerr does provide a superior service they will need to coax users over; especially when the platform first opens.  Otherwise it will be a ghost town with no one to bet against. I'm worried it might end up like Google Plus; really good technical execution but not enough initial users and advertising.

So I guess my question boils down to how will the development team ensure that there's enough "punters" to ensure a viable product from the get go. Is the fact gamblers will always seek out the best returns/odds which wagerr can provide owing to the reduction in compliance and associated costs?  

Have you seen our marketing so far?  Wink
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Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 31/05/2017, 13:30:05 UTC


Ayyyy there we go. Reading it now Smiley

EDIT: thanks for getting the whitepaper up... What I dont see is the POS staking rate? Can you share a little bit about that?

1% of the total issuance per year as a fixed block reward. This translates to a decent APR individually since not all the network will stake 24/7.

Reason we didn't include this info is because it is not a critical number for us, but we will make sure to include it in the next update. Interestingly, it is also one of the parameters Oracles will likely vote on keeping or changing every year.

It will be interesting to see where the market finds equilibrium with this inflation rate combined with the destruction of 48% of betting fees.  Shocked
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Topic
Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
by
msilk
on 31/05/2017, 01:37:39 UTC
Since the tokens are valued at $0.05, how and when is going to be fixed the price in $ of the different supported cryptos to participate ?

You can see pricing quotes right now in your dashboard on wagerr.com!

It's like a store, choose the amount of WGR to buy and "checkout."