Fairlay

[Frank]

Just joined and deposited here.

Is there a simpler way to set this up?

Or any way to format this differently?

As of now, it is so annoying having to scroll through dozens of bubble pictures to find a matchup.

Even if I narrow it down to say Mariners/Baseball/MLB/Overunder/Full Time, I still have to scroll through every single player prop just to find a full game total.

Any suggestions or help would be much appreciated.

[bookie]

Their layout is a flat out disaster.

The problem is that they want to pretend that they're a prediction market and that sports are just one of the type of events people can offer future positions on. But they know that 95% of their revenue will come from sports bettors. They need to do a redesign that acknowledges that reality.

Like you I figured there must be a way to filter things or jiggle the settings so the whole thing wasn't such a maze, but I looked and looked and found nothing.

Fairlay...wake up! We want to make you successful! But you're making it difficult.

[eaglesfan371]

Appearance / ease of use unfortunately is their biggest issue.

Use the search function to find specific games like type in the team, then filter full game and spread / ML / total. That’s what I usually do.

There is basically no way to look at the lines for everything. Fairlay offers pinnacle or better odds, so just look at SBR odds. You can also go to bitcoinrush.io, they use pinnacle odds and are laid out in an easy way to view. However they don’t accept US and have very low limits. I often will take a quick look at Bitcojnrush just to see odds presented quickly. Then once I want to bet a side, find it on fairlay.

[Optional]

If so inclined, someone could probably use their API to produce a sportsbook looking interface that displays markets like a bettor wants, and just links direct to the correct market on their site.

[Frank]

Thanks guys.

It doesn't seem like their exchange gets any looks either.

I offered a game at -103 when Pinnacle had -112/+102 and left it there from 40 minutes until game started until it went off and not a penny got matched

[eaglesfan371]

Thanks guys.

It doesn't seem like their exchange gets any looks either.

I offered a game at -103 when Pinnacle had -112/+102 and left it there from 40 minutes until game started until it went off and not a penny got matched

They have zero marketing and yes, you will often not get your bets matched. They offer the best odds in the business, show proof of 1000 bitcoin in their possession at all times, and allow instant withdraws. To me, that value outweighs any negative. Their odds have resulted in me getting paid at least $1000 more than I would at other books in just 2019 alone.

[Frank]

They have zero marketing and yes, you will often not get your bets matched. They offer the best odds in the business, show proof of 1000 bitcoin in their possession at all times, and allow instant withdraws. To me, that value outweighs any negative. Their odds have resulted in me getting paid at least $1000 more than I would at other books in just 2019 alone.

Yeah, despite a few negatives, they do have much better numbers than Nitrogen.

It just seems like they could be even better if they worked on some things.

[Barrakuda]

So infuriating to use. Trying to find the primary line of an NFL football game is a 1-2 minute scavenger hunt. Their old site was actually OK, but for some reason they redesigned it and lost of a lot of potential users in the process.

[Barrakuda]

LOL

https://fairlay.com/market/will-someone-write-a-stand-alone-fairlay-client/?referral=c5fd549f-7436-449e-aac8-1f645bf7032d

[TheMoneyShot]

Frank... there's a search feature I use 90% of the time. I typically already know what I'm looking for. Just type in the team name.... and all the events will pop up. Much more manageable.

[eaglesfan371]

LOL

https://fairlay.com/market/will-some...8-1f645bf7032d

Found that market hilarious as well. Basically Fairlay is like "are you interested in building us software"? Bet on it.

[littlekona]

Frank... there's a search feature I use 90% of the time. I typically already know what I'm looking for. Just type in the team name.... and all the events will pop up. Much more manageable.

Like Money said this is the easiest and what I do then you can even break it down more with the sub markets on top..
In Options I have Table, Taker and No ( Empty markets set) Also make sure you opt out of reserve fund rule if you need your fund avaiable right after settlement....They have their bugs but once you figure out and use right it is an awesome exchange to have access too

[mrpapageorgio]

The problem is that they want to pretend that they're a prediction market and that sports are just one of the type of events people can offer future positions on. But they know that 95% of their revenue will come from sports bettors. They need to do a redesign that acknowledges that reality.

My gut tells me they're doing that deliberately to try and have their cake and eat it too with the Feds. Similar to what Fan Duel and Draftkings were doing claiming their site wasn't gambling. Making their site look like a sports book makes that argument more difficult.

[arie1985]

I don't know how to use this site, gave up on trying - you never get the odds on both outcomes right, sometimes you only get an option to bet only on 1 side, seems like a terrible design/site, without changing its layout I think many people would do the same.

[littlekona]

My gut tells me they're doing that deliberately to try and have their cake and eat it too with the Feds. Similar to what Fan Duel and Draftkings were doing claiming their site wasn't gambling. Making their site look like a sports book makes that argument more difficult.

These guys are brilliant tech and crypto guys who when started this had no idea the sports side of site would be huge...they really had no sportsbook knowledge just technology side...Site is in exchange format and since most usa peeps dont have experience it has learning curve...for me i can find and get a bet down on fairlay as quick as i can on orbitx or pinny...i dont see any fan duel dfs comparison...

[littlekona]

I don't know how to use this site, gave up on trying - you never get the odds on both outcomes right, sometimes you only get an option to bet only on 1 side, seems like a terrible design/site, without changing its layout I think many people would do the same.

For horse ive moved most of my action to 9WICKETS orbitx main reason is fairly takes about half an hour to grade horses and i hate the late scratches rule....plus USA market maker sucks....but for sports i find fairly has best odds since commission is so tiny and great liquidity w odds partiality better then pinny at times...the site layout is fine just takes time to learn to maneuver for maximum efficiency

[PharaohUB]

Couple said it before the search feature is your friend.

[mrpapageorgio]

These guys are brilliant tech and crypto guys who when started this had no idea the sports side of site would be huge...they really had no sportsbook knowledge just technology side...Site is in exchange format and since most usa peeps dont have experience it has learning curve...for me i can find and get a bet down on fairlay as quick as i can on orbitx or pinny...i dont see any fan duel dfs comparison...

I use the search feature just fine and have no problems with it. But I doubt they haven't had complaints about the site design itself. I'm just saying it wouldn't shock me they haven't had other people tell them to let sleeping dogs lie and let it stay looking like an exchange than trying to adjust and look more like a sportsbook (especially since they are a .com) since the obvious strategy would be to try and pivot to what's bringing in the money.

[Optional]

The problem is not that it is in "exchange format". Plenty of people work out Matchbook or Betfair or Smarkets and they are all quite different formats of an exchange.

Fairlay is simply a hot mess UI wise.

It's clunky and non-intuitive as a prediction market, a sportsbook or an exchange.


I like that suggestion for local client software in that market but don't think it needs to be that difficult. Just an HTML skin would be enough.

[bookie]

Based on people here saying "use the search function," I did.

I can't imagine I didn't try search when I have fooled around on Fairlay before, but maybe not because using it did give me a new found sense of it as a plausible place to play. And once you get the game you want, they have further filters you can check to make it even more manageable.

So once again I learn something on SBR. Thanks littlekona and others for pointing me in the right direction.

I still agree with Optional that the UI is a hot mess, but it's not as impossible as I thought.

BTW...I read that you only pay the .25% commission when you win, but do you just pay it on what you won, or on winnings plus original bet?

[Frank]

Another question if anyone can help.

Won a wager but it seems as though it is "on hold".

What does that mean?

It looks like there is a fee of .1% to disable it.

Is this in addition to the commission fee or part of it?

Is this something you need to do to have winnings available to you to wager with?

[eaglesfan371]

Another question if anyone can help.

Won a wager but it seems as though it is "on hold".

What does that mean?

It looks like there is a fee of .1% to disable it.

Is this in addition to the commission fee or part of it?

Is this something you need to do to have winnings available to you to wager with?

The largest win + risk is unavailable to be used for 24 hours. This is to counter the bet was grade incorrectly and the user withdrew funds immediately (downside to instant withdrawals).

To hedge this risk for them and allow you instant access, you can pay an additional 0.1% in commission.

Only the largest bet + win is on hold. So if you risk 10 mbtc on 5 wagers, lose 2 and have three wins at 2.0 odds, then 20 mbtc (1 bet of 10 mbtc + 10 mbtc winnings before commission) would be on hold for 24 hours. You would have immediate access to the two other winning bet funds.

[littlekona]

Another question if anyone can help.

And and neWon a wager but it seems as though it is "on hold".

What does that mean?

It looks like there is a fee of .1% to disable it.

Is this in addition to the commission fee or part of it?

Is this something you need to do to have winnings available to you to wager with?

I opted out so i get all my funds release immediately after settlement...I don’t use any bankroll management and I risk full balance at times so I want it Available ASAP...also like security of having access in case btc drops big to get funds out....it’s addition to commission...they started this after big player cashed out over 2 btc over 20k at time on a mis grade

[Frank]

Thanks.

That makes sense.

As long as my balance is healthy and can wait 24 hours, will it be removed from "on hold" automatically?

Or will it need done manually?

[littlekona]

Thanks.

That makes sense.

As long as my balance is healthy and can wait 24 hours, will it be removed from "on hold" automatically?

Or will it need done manually?

Auto

[Frank]

Thanks guys for the help.

I am sure I will probably have more questions until I get used to this site.

[arie1985]

Is Fairlay linked to BetFair or Matchbook's odds in some way?

[arie1985]

Just tested Fairlay laying a horse in the 16:50pm UK time race in Kempton, race was over 1 hour ago - bet is still unsettled:



Is it normal?

[littlekona]

Just tested Fairlay laying a horse in the 16:50pm UK time race in Kempton, race was over 1 hour ago - bet is still unsettled:



Is it normal?

Ive made thousands of horse bets and find the average settle Time is half an hour or so UNLESS a late withdrawal occurs then it’s much longer in some cases...

I still do some uk horse on Fairlay as price is about same maybe a tad better due to commission but moved most due to what you are experiencing and the scratch rule which I do not like....since I like to wager many races and my whole role at times and the half hour grade hurts me.....

[arie1985]

Ive made thousands of horse bets and find the average settle Time is half an hour or so UNLESS a late withdrawal occurs then it’s much longer in some cases...

I still do some uk horse on Fairlay as price is about same maybe a tad better due to commission but moved most due to what you are experiencing and the scratch rule which I do not like....since I like to wager many races and my whole role at times and the half hour grade hurts me.....

I wish it was 30 minutes, been 2.5 hours so far and nothing, support doesn't respond neither.
Really poor site, can't see why to use it.

[littlekona]

I wish it was 30 minutes, been 2.5 hours so far and nothing, support doesn't respond neither.
Really poor site, can't see why to use it.

Site support is fine but In this case all they will say is it will grade within 24 hr automatically if not contact us...All sites have there bugs....Orbitx I have had numerous times miss grades due to dead heats or couples runners in USA and always takes a day or more to fix and I even have to prove I’m right...

Now arie If this is first time for you have you opted out of the reserve fund rule? If not it may be graded but just held for 24 hours

[arie1985]

Site support is fine but In this case all they will say is it will grade within 24 hr automatically if not contact us...All sites have there bugs....Orbitx I have had numerous times miss grades due to dead heats or couples runners in USA and always takes a day or more to fix and I even have to prove I’m right...

Now arie If this is first time for you have you opted out of the reserve fund rule? If not it may be graded but just held for 24 hours

I've opted out previously, it's not my balance that is not available to be used but the bet itself - it's unsettled.

[littlekona]

BTW...I read that you only pay the .25% commission when you win, but do you just pay it on what you won, or on winnings plus original bet?

Let's say, for example, that you win a bet of 10mBTC at 2.3 odds. You'll get a gross profit of 13mBTC. As our base commission is 0.25%, you'll pay a commission of 0.0325 mBTC and get a net profit of 12.96mBTC. Now many of us have a much lower commission too like I am at 0.05% per settlement...Pretty Sweet!

[raiders72001]

The problem is not that it is in "exchange format". Plenty of people work out Matchbook or Betfair or Smarkets and they are all quite different formats of an exchange.

Fairlay is simply a hot mess UI wise.

It's clunky and non-intuitive as a prediction market, a sportsbook or an exchange.


I like that suggestion for local client software in that market but don't think it needs to be that difficult. Just an HTML skin would be enough.

this

[eaglesfan371]

Let's say, for example, that you win a bet of 10mBTC at 2.3 odds. You'll get a gross profit of 13mBTC. As our base commission is 0.25%, you'll pay a commission of 0.0325 mBTC and get a net profit of 12.96mBTC. Now many of us have a much lower commission too like I am at 0.05% per settlement...Pretty Sweet!

You pay commission only on what you win as Kona states.

My commission currently is 0.081%.