Rebate wager dot com where the players play.
RebateWager Exchange: $1,000 Beta Contest for Conference Tournaments
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ApricotSinner32Restricted User
- 11-28-10
- 10648
#106Comment -
sdtraderSBR Wise Guy
- 01-23-09
- 536
#107I am very excited about this!! With Matchbook not allowing US players this looks like it has great potential as a replacement.Comment -
Gio21SBR MVP
- 11-13-09
- 1594
#108if I want to pick seton hall -4 at a rate thats not being offered do i click on seton hall and then sell? because when it ask to confirm my pick it says rutgers +4. Hope my question makes senseComment -
iceminers26SBR Posting Legend
- 10-13-08
- 15600
#109
You can also do this vice versa and click on Rutgers 4, add odds, and sell it.
Hope that helpsComment -
GanchrowSBR Hall of Famer
- 08-28-05
- 5011
#110
So if you wanted to bet the favorite (Seton Hall-4) you'd click on one of the price cells next to the -4, enter your price and quantity and then click buy.
When using the sell button to place an order the price you'd enter would be the negative of the price at which you'd be looking to buy.Comment -
iceminers26SBR Posting Legend
- 10-13-08
- 15600
#111Gio
Easier way to explain it because I think you want to add own odds and not accept what is currently there.
If you look right now next to SH -4 there are 2 offers up, -115 to win a dime and -120 to win 100 but next to those two on the same line there are 3 add options, by clicking on add, you can set your own odds.Comment -
GanchrowSBR Hall of Famer
- 08-28-05
- 5011
#112Comment -
Gio21SBR MVP
- 11-13-09
- 1594
#113Gio
Easier way to explain it because I think you want to add own odds and not accept what is currently there.
If you look right now next to SH -4 there are 2 offers up, -115 to win a dime and -120 to win 100 but next to those two on the same line there are 3 add options, by clicking on add, you can set your own odds.
So I click on seton hall -4 when I go to confirm it says im betting ON rutgers +4. So does that mean I have rutgers +4. but I really want seton hall -4. So does it mean I have to create my own odds at rutgers+4 so I can be on Seton hall -4? First time doing this exchange thing and want to make sure I do it rightComment -
iceminers26SBR Posting Legend
- 10-13-08
- 15600
#114When I try to add my own odds. So I click on seton hall -4 when I go to confirm it says im betting ON rutgers +4. So does that mean I have rutgers +4. but I really want seton hall -4. So does it mean I have to create my own odds at rutgers+4 so I can be on Seton hall -4? First time doing this exchange thing and want to make sure I do it right
So you want SH so click on them then scroll over a few spots, click on an open add on SH line, then just enter odds and amount and the click BUY.
You can also click on Rut, do the same scroll over to an open add and enter odds and amount (remember these are odds selling) and then click SELL.Comment -
Gio21SBR MVP
- 11-13-09
- 1594
#115No, just depending on which one you pick, Rut or SH, will determine if you select BUY or SELL... really doesn't matter which one you click on, just matters you click the right option of buy or sell.
So you want SH so click on them then scroll over a few spots, click on an open add on SH line, then just enter odds and amount and the click BUY.
You can also click on Rut, do the same scroll over to an open add and enter odds and amount (remember these are odds selling) and then click SELL.Comment -
rumpleSBR MVP
- 06-19-07
- 2499
#116This is confusing, my offer was dismiised.Comment -
horja1SBR Hall of Famer
- 01-13-11
- 5646
#118ok ... but I need a Rebatewager acount, and I spoke to RW live support and I was told that they do not accept customers outside US
All contestants must register at X-Markets Exchange using promotion code SBR. Posters must have a RebateWager account to win prizes. Open one here to be prize-eligible.Comment -
Wulfman14SBR Hall of Famer
- 08-24-10
- 8869
#119yea i dont think rebate accepts customers outside the USComment -
Dark HorseSBR Posting Legend
- 12-14-05
- 13764
#120Looking nice, Ganch. High hopes. Hardest thing is to make something complex look simple, and it looks like you accomplished that. Can you tell us what makes this exchange different from others, and how you or Blackie intend to address the liquidity issue?
Suggestion. Tutorial looks good, but maybe chop it up in bite size pieces. One brief page for each part of the trading process. I've noticed that many people (these days) zone out as soon as something feels like a long read.Last edited by Dark Horse; 03-08-11, 05:24 AM.Comment -
shari91BARRELED IN @ SBR!
- 02-23-10
- 32661
#121
I know I was asked by Lou a few months back which banners I could see at the top of the page as SBR was making sure that banners weren't appearing for books if a poster in that country couldn't use the book. As of right now, I can see RebateWager which would lead me to believe that it's available to residents outside of the US. Maybe Blackie has changed his rules recently and SBR just hasn't updated the banners yet?Comment -
GanchrowSBR Hall of Famer
- 08-28-05
- 5011
#122
I know this probably won't mean much to the majority of people, but I think what really sets us apart is the flexibility of the exchange backend application software. I believe I've designed a highly flexible and horizontally scalable system that will allow us to seamlessly offer a wide range of betting options. To name but a couple:
- Mutually decrementing offers across multiple markets. For example, a player could simultaneously offer 100% of his bankroll across any number of disparate markets, such that a fill in any one offer would appropriately decrement the others.
- Teasers/pleasers/parlays/point buying and selling -- market makers (an indeed ANY interested player) will have access to a simple interface that would facilitate efficient liquidity provision in derivative and compound markets. This would be based based on just a small number of input variables (with default values available) and would obviate traders of the burden of monitoring any more the associated underlying markets.
What we figure is that the greater the extent to which we can meet the needs of the recreational player, the more profitable a trading environment we'll be able provide the professional player ... and the more profitable the trading environment the greater the extent to which professionals players will be interested in offering liquidity.
While we've yet to publicly release our API, it’s clear that an exchange requires a robust API product to have any chance at real success. Taking that a step further we also aim to provide dedicated API support along with open source libraries of automated trading tools developed and maintained in-house.
Of course this is all a bit down the road … this is very early in our lifecycle. My primary concern over the next month or so is getting the current vanilla front-end beta tested and properly tweaked.
And please keep the feedback coming.Comment -
GanchrowSBR Hall of Famer
- 08-28-05
- 5011
#123
However I can confirm that any non-US player who qualify for a prize in this contest will be paid through RW.
I should also note that the Exchange itself will have no such geographical restrictions.Comment -
mrmarketSBR MVP
- 01-26-10
- 4953
#124The idea seems very interesting. I will sign up for it soon.Comment -
GanchrowSBR Hall of Famer
- 08-28-05
- 5011
#125
I'll be posting some information about our anticipated commission structure once this contest completes.
What I can say now is that we'll be offering several options each designed for different types of players.
And in any event players will be able to trade commission free for the first few months.Comment -
mdemps9190SBR MVP
- 11-08-07
- 1957
#126Looks good Ganch, but why don't you guys have more games available? Kind of disappointed to see I couldn't bet Butler today or a lot of the college hoops games.Comment -
GanchrowSBR Hall of Famer
- 08-28-05
- 5011
#127
If anyone wants me to post a particular spread or total on such a game just let me know.Comment -
horja1SBR Hall of Famer
- 01-13-11
- 5646
#128Comment -
mdemps9190SBR MVP
- 11-08-07
- 1957
#129Butler -3 would be great, as well as all the NBA games. Thought this contest allowed for all sports. If you're going to test out the platform, why not open it up to all the pro games at least so you can get a real feel for some sort of liquidity and heavy use?Comment -
elgrecoSBR Wise Guy
- 12-16-09
- 988
#130I have a quick question that hope someone is kind enough to answer for me.
How come most exchanges are built in a way where there are essentially two markets for the same game, one for each side? Whats wrong with the tradesports model where you either went long or short on an individual game contract that encompassed both sides?
I'm not a math guy, so maybe they are one and the same... but it seems like room is left opened for inefficiencies between the sides.Comment -
horja1SBR Hall of Famer
- 01-13-11
- 5646
#131Just talk to Scott from X-Markets Excange CS and I can say that they have a great CS so farComment -
GanchrowSBR Hall of Famer
- 08-28-05
- 5011
#132
This contest is the precursor to the larger Beta contest we'll be running for the Div I NCAAB Championships.Comment -
iceminers26SBR Posting Legend
- 10-13-08
- 15600
#133I have a quick question that hope someone is kind enough to answer for me. How come most exchanges are built in a way where there are essentially two markets for the same game, one for each side? Whats wrong with the tradesports model where you either went long or short on an individual game contract that encompassed both sides? I'm not a math guy, so maybe they are one and the same... but it seems like room is left opened for inefficiencies between the sides.
If Blackie and Ganch get this exchange established and running, I will fund an account and go through the tweaking stages if they continue to make improvements to it. I just feel you have to have an exchange as one of your outs.
Best of luck to all.Comment -
mdemps9190SBR MVP
- 11-08-07
- 1957
#134Players may wager in all posted markets, markets will include NCAA Basketball conference tournaments.
Wouldn't that include WHATEVER you wanted to post in your market?Comment -
TWEETSSBR MVP
- 10-22-08
- 2114
#135Is there going to be a way in the future where we could put up our own lines, like right now UConn is at -14.5 for roughly -110, I would like to offer something like -15 @ +100.Comment -
mdemps9190SBR MVP
- 11-08-07
- 1957
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wrongturnSBR MVP
- 06-06-06
- 2228
#137How did I missed this thread? Guess it is too late to sign up.Comment -
GanchrowSBR Hall of Famer
- 08-28-05
- 5011
#138
As far as this contest gies, if you want me to put up a particular line for a posted game just let me know.Comment -
ttwarrior1BARRELED IN @ SBR!
- 06-23-09
- 28454
#139im lost,, how do u make picks on this exchange site, im there now and got a headacheComment -
acaSBR MVP
- 03-20-06
- 2111
#140If you don't clue try use tutorial!Comment
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