Fairlay

[70'sMan]

Wow amazing. I got out of there a few weeks ago. Just too much trouble.

[PharaohUB]

In case anyone is on the fence about Fairlay, this should settle it for you (from the publicly available trollbox -- I am not the guy asking the question). LOL:


bryyguy89: hi, why was my bet on this market (https://fairlay.com/market/thunder-p-vs-team-x-1/) voided? the bet was a win 2-1 for team X. two following links have proof https://liquipedia.net/dota2/Liga_Pro_Gaming/Season_2 http://en.game-tournaments.com/dota-...r-awaken-69834



● ognjen-support: The reason for this was probably within the rules but we are unable to provide it for free. So if you want additional checking, request it via 5mBTC@fairlay.com. Please note that by contacting us through this email you agree that a fee up to 5mBTC might be deducted for each ticket.



bryyguy89: am i guaranteed to be charged? that seems unfair to charge $50 just to clarify why something was misgraded, isnt that what this box is for?



● ognjen-support: Yes, but we are still unable to handle requests like this for free, so you can send an email and we reserve the right to charge 1mBTC for each 6 minutes spent on your ticket (maximum 30 minutes).

I've never been charged when it's their issue. They say that they will charge but i've never been charged FWIW

[littlekona]

I've never been charged when it's their issue. They say that they will charge but i've never been charged FWIW

same here i have had 5+ issues with late scratch in horses sent support message and never a charge...also if u see chat after that quote they say if it is an error there is no charge....to many scammers knowing they bet past post trying to scam deserved to be charged

[DroopyDog]

Ever experience deposit delays? my deposit has 10+ confirms and not credited. Sent email, no response.

Shit like this makes me nervous.

[littlekona]

Ever experience deposit delays? my deposit has 10+ confirms and not credited. Sent email, no response.

Shit like this makes me nervous.

I have a few times out of hundreds ive done...always pops up though nothing to worry...try refresh log in and out sometimes that updates

[DroopyDog]

Never heard this before... took 15 hours for my deposit to post.

Told me they "ran out of credits to post the deposit" and have to move BTC around first.

I am immediately withdrawing most of my deposit... Im sure there is a legit reason for "running out of credits" but, not gonna leave myself too exposed there anymore.

[littlekona]

Never heard this before... took 15 hours for my deposit to post.

Told me they "ran out of credits to post the deposit" and have to move BTC around first.

I am immediately withdrawing most of my deposit... Im sure there is a legit reason for "running out of credits" but, not gonna leave myself too exposed there anymore.

From what i here it is a security measure to protect players funds as that is a top priority....Some big deposits where made with the UK soccer starting back...Not sure how that works but no reason not to trust them...They also said they are working on a fix so it so does not happen again...I just made a 20 mbtc deposit and it was credited a few mins after 1 confirmation fyi

[Optional]

Ran across a 4 year old post from a Fairlay founder today talking about how they were surprised their most active markets were soccer world cup related in 2014, as they never planned it as a sports betting exchange.

http://forum.bitcoinhivemind.com/index.php?topic=126.0

[littlekona]

Ran across a 4 year old post from a Fairlay founder today talking about how they were surprised their most active markets were soccer world cup related in 2014, as they never planned it as a sports betting exchange.

http://forum.bitcoinhivemind.com/index.php?topic=126.0

haha those guys are brilliant technology guys and the site gets better and better as they are starting to understand the sports side more now...funny bunch brilliant Tech geeks didn't realize that sports gambling was the ticket to success

[icon]

I opened account there as I see they have UK horse racing...I played around little and totally confused by the website on how to buy or lay bets...Also can you do parlays? Looks like a good concept the site but I am totally overwhelmed by layout...someone who represents them should or SBR should do a video on how too wager and lay bets ect on the site

Ahh the good ole days ! Back before Kona knew anything about Fairlay!

[littlekona]

best advise I can give is learn exchanges..It is tough at first since as most of us are stuck in typical sportsbook box. But I will say that it has made my wagering options and odds so much better between Fairlay and AC88 (Orbitx/9Wickets/Pinny) I am so glad I found out about them here on SBR

[Darkside Magick]

Fairlay is the best option for USA bettors and it is not even close

[ping-pong-pop]

Fairlay is the best option for USA bettors and it is not even close

Not US-based but it got me thinking, how can they take US bettors as customers without getting busted?

[littlekona]

Not US-based but it got me thinking, how can they take US bettors as customers without getting busted?

Same way every other offshore book does...Owners Never visit USA...

[ping-pong-pop]

Same way every other offshore book does...Owners Never visit USA...

OK, that was easy

[littlekona]

OK, that was easy

Not sure of site offhand but I do remember reading offshore owner visiting USA and getting arrested

[icon]

Not sure of site offhand but I do remember reading offshore owner visiting USA and getting arrested

Has happened more than once. There are probably lots of outstanding warrants for bookies that would be enforced should they try to enter the USA.

USA is a flyover country for many people these days.

[eaglesfan371]

It seems like the majority of bets I make, or at least some, have 0.01 mbtc taken out of my balance with no explanation when making the bet (this is not the after win commission). I am not a market maker, I am taking offered odds. Randomly 0.01 mbtc will disappear. It is not much but it has happened many times and I don't understand why.

Anyone know?

[Darkside Magick]

It seems like the majority of bets I make, or at least some, have 0.01 mbtc taken out of my balance with no explanation when making the bet (this is not the after win commission). I am not a market maker, I am taking offered odds. Randomly 0.01 mbtc will disappear. It is not much but it has happened many times and I don't understand why.

Anyone know?

Is the amount on your statement... The only reason I'm asking is that fees are only taken on a winning bet.

[mrpapageorgio]

This is weird, I did decide to give Fairlay a shot again since that had decent odds on the alt total for last night's game, so I made a deposit to strictly bet the over. I now see my bet + winnings on hold which I expected, but now I see my available balance showing a -0.01 mbtc balance. I go to the statement which shows my bet paid that says "Settlement with commission" then another line showing -0.01 with the same comment. Anyone of the Fairlay users knows what that is?

[danshan11]

It seems like the majority of bets I make, or at least some, have 0.01 mbtc taken out of my balance with no explanation when making the bet (this is not the after win commission). I am not a market maker, I am taking offered odds. Randomly 0.01 mbtc will disappear. It is not much but it has happened many times and I don't understand why.

Anyone know?

the thing usually is that, the line they show is only a few decimals displayed on the screen but in reality, it may be a few more .

[Darkside Magick]

This is weird, I did decide to give Fairlay a shot again since that had decent odds on the alt total for last night's game, so I made a deposit to strictly bet the over. I now see my bet + winnings on hold which I expected, but now I see my available balance showing a -0.01 mbtc balance. I go to the statement which shows my bet paid that says "Settlement with commission" then another line showing -0.01 with the same comment. Anyone of the Fairlay users knows what that is?

The first line should be the amount that you won

The second line is the actual commission

[mrpapageorgio]

The first line should be the amount that you won

The second line is the actual commission

So shouldn’t it come out of my reserve balance then? Why make my actual balance negative?

[Darkside Magick]

So shouldn’t it come out of my reserve balance then? Why make my actual balance negative?

One would think that... But if you look at your statement... Winning are paid first then commissions are taken second

So your winnings was paid and put on hold and then your commission is taken as a negative

When your hold is over then the winnings will be added to the negative balance

[littlekona]

the thing usually is that, the line they show is only a few decimals displayed on the screen but in reality, it may be a few more .

I think your correct. I will get a message like 9.99 matched out of 10mbtc yet matched bet shows 10 on occasions....

[danshan11]

I think your correct. I will get a message like 9.99 matched out of 10mbtc yet matched bet shows 10 on occasions....

I concur LOL, anyway fairlay is still the absolute best, I guess the only reason people dont use it is because of the no parlays but man on lines you cant even come close, my profits have doubled since I switched, literally doubled!

[eaglesfan371]

I think your correct. I will get a message like 9.99 matched out of 10mbtc yet matched bet shows 10 on occasions....

I will go over the statement and take a look, it might be this. But its basically that, 9.99 matched yet shows up as 10 gone and the total balance in ( ) reflect minus 0.01.

[littlekona]

Fairlay is turning into SBR exchange....every time i log into and check chat it’s all sbr guys lol

[danshan11]

I think me and you harping about it all the time helped it! Fairlay should pay me a finders fee! LOL

[Darkside Magick]

Fairlay is turning into SBR exchange....every time i log into and check chat it’s all sbr guys lol

Maybe I should join chat....i love the place

[danshan11]

Maybe I should join chat....i love the place

I am on the chat 24 7 same username there

[eaglesfan371]

Always said the commission was so small

Then I saw that total commission taken was 0.064 BTC ~$330 USD.

Damn, it adds up lol. By far the best lines available though, worth it.

[Optional]

Always said the commission was so small

Then I saw that total commission taken was 0.064 BTC ~$330 USD.

Damn, it adds up lol. By far the best lines available though, worth it.

as a percentage of bets it's probably hardly any vig.

Imagine the tally if we kept track of the vig in normal book bets

[eaglesfan371]

as a percentage of bets it's probably hardly any vig.

Imagine the tally if we kept track of the vig in normal book bets

Oh I know, I've done the math. It doesn't even add a cent to the line in american odds. Nitrogen adds 2-5 cents to each side of fairlay/pinnacle odds, so still by far the best price.

[eaglesfan371]

Hey guys,

Check your statements if you make any live bets, a settlement tonight took too much commission. My commission rate after deductions is 0.081%. I won 86.2 mbtc in a live bet tonight and 0.16 mbtc was taken when 0.07 mbtc should have been.

I have "on hold" balance enabled so I am not subject to the extra 0.1% commission for that.

Not a huge deal but it can add up so tomorrow I will go through my history and make sure other bets have been settled correctly. Will update with Fairlay's response.

Edit: Very strange. Looks like a one-off type issue. My other live bet just graded +28.52 mbtc and they only took 0.02 mbtc commission (which would be correct at 0.081%). Definitely an error on their part for the +86.2 bet (which was in tennis).