1. #176
    SportsBettor74
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    Quote Originally Posted by raiders72001 View Post
    This is a very good post and I agree with most. In (4) if it does have the best line in the market, how much can you get down since the odds can change. I should have looked deeper since I didn't see that. For (5) using your criteria, if the value of the coin decreases, then you would have made more elsewhere. Also, I'm not sure if you looked at the order book at the centralized exchanges or volume being done at the decentralized exchanges. You take a beating when you go to cash in.
    re: 4 - the answer to this question is unknown. There will be cases where (presumably) the line and/or odds change immediately after a 10,000 WGR "max bet" and there are cases viewable on the blockchain right now (see earlier in the thread) where the user put down 10 or more "max bets" of 10,000 WGR and the odds did not shift. The odds movement or lack thereof is handled by the mysterious "oracle" which appears to be a collection of code that substitutes for the traditional "linesman"

    re: 5 - See my example with Betonline above. I would not have "made more elsewhere" because the only reason I took the Wagerr odds/line is because it was world leading. If the Wagerr odds / line did not exist I would have stopped after my single bet at Betonline (in this example).

    re: Taking a beating on cash in: I have not looked at this but I believe you. I see WGR as a "bonus" on top of traditional betting. I will amass WGR tokens with the expectation that in the future (3 months, 6 months, 12 months) they will be more valuable and easier to cash in. See my original post re: why I lose nothing by taking this approach
    Last edited by SportsBettor74; 09-21-21 at 06:19 PM. Reason: clarity
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  2. #177
    raiders72001
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    Quote Originally Posted by SportsBettor74 View Post
    re: 4 - the answer to this question is unknown. There will be cases where (presumably) the line and/or odds change immediately after a 10,000 WGR "max bet" and there are cases viewable on the blockchain right now (see earlier in the thread) where the user put down 10 or more "max bets" of 10,000 WGR and the odds did not shift. The odds movement or lack thereof is handled by the mysterious "oracle" which appears to be a collection of code that substitutes for the traditional "linesman"

    re: 5 - See my example with Betonline above. I would not have "made more elsewhere" because the only reason I took the Wagerr odds/line is because it was world leading. If the Wagerr odds / line did not exist I would have stopped after my single bet at Betonline (in this example).

    re: Taking a beating on cash in: I have not looked at this but I believe you. I see WGR as a "bonus" on top of traditional betting. I will amass WGR tokens with the expectation that in the future (3 months, 6 months, 12 months) they will be more valuable and easier to cash in. See my original post re: why I lose nothing by taking this approach
    Fees really the only thing that concerns me. Uniswap is a killer in fees and maybe slippage. Not sure how fast or at what price your order will be filled at Iomony. Pancakeswap obviously the best but don't know the slippage. Trying to buy through the Wagerr site is really high although I just looked at the fee and didn't buy.

  3. #178
    DontTailMe
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    Quote Originally Posted by SportsBettor74 View Post
    Re: Covering the up front investment - yes you are correct. I have already covered my up front investment. I have actually left it as WGR for now - and WGR would need to halve overnight for me to be back to a break even position. I doubt it will do this but all investment carries risk and I guess this is possible. I just can't be bothered to cash out my WGR to a mainstream coin right now - I would rather "let it ride" on the expectation that WGR is going up not down

    Re: Opportunity cost. This is not correct. Example: I had a line at Betonline which was X - N at 1.909. I bet the max at Betonline and the odds shifted to 1.87. Wagerr was 1.92 for the same line and I took it. There is no opportunity cost because Wagerr was the world leader on that line at that time. If the Wagerr line did not exist I would have stopped at the initial Betonline bet. There was no opportunity to place it elsewhere. If there was an opportunity to place it elsewhere at acceptable odds (at a traditional book ) I would have done this first and then review Wagerr
    Yeah, okay, if Wagerr really has odds which you would bet on, and no other book would have met your acceptable threshold, then I agree there is no opportunity cost. I just find it hard to believe that that's true all the time. Very often I like a play so much that I'd take the current odds available at almost every book, outside of the few worst. It just so happens that a few books are priced better, so I don't have to dip that low. That's where I was coming from.

    Anyways, I was just curious. I'm not knocking your approach if it works for you.

  4. #179
    SportsBettor74
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    Quote Originally Posted by DontTailMe View Post
    Yeah, okay, if Wagerr really has odds which you would bet on, and no other book would have met your acceptable threshold, then I agree there is no opportunity cost. I just find it hard to believe that that's true all the time. Very often I like a play so much that I'd take the current odds available at almost every book, outside of the few worst. It just so happens that a few books are priced better, so I don't have to dip that low. That's where I was coming from.

    Anyways, I was just curious. I'm not knocking your approach if it works for you.
    It's definitely not true all the time. But for me it is true enough of the time.

    It sounds like you're a "fundamentals" bettor - i.e. you know things about sports. One of these days I need to learn that stuff too :-)

  5. #180
    Optional
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    Quote Originally Posted by raiders72001 View Post
    I think you're right. I'm trying too hard to figure out a reason to play there because I like the idea but haven't found one yet.
    I loved the idea too.

    But as we saw in the original 3 year long thread about this as it was developed, it ended up being all about maximizing revenue for investors with hardly a word/thought about what would be great for bettors and attract them.

    As someone said above they are trying to make a sportsbook that makes enough juice/profit to pay investors instead of owners. But it still has "owners" who want to be paid for their time and efforts same as the "owners" of any sportsbook.

    Where the hell is all this extra profit coming from?

    What point of difference do they have in the bookmaking part of the model that is going to make all this extra profit from customers, above what a Pinnacle or Bookmaker can make, to pay all these people their profits?

    It's a ponzi scheme with zero chance to thrive. Too many parasitic profit leaks, and almost zero points that would make a regular bettor more likely to play there than other books. More hurdles in fact.


    Although I am sure sharp betting types like can see/find ways to exploit it as it goes down. So there are some profits to be made short term.

  6. #181
    Optional
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    Quote Originally Posted by Go_Rilla View Post

    I take back my comment of you being unbiased and rational, it was clearly explained that you that can make the 400$ aka 10,000 WGR bet as many times as you want per event. Which will move the line depending on how the algorithm reacts, sometimes the line will more sometimes it wont. It's clear you are not after the truth.
    You show your ignorance of betting constantly.

    There is a VAST difference between "No Limits" and a $400 limit with re-pops.

    Lots of books offer re-pops... can you even guess why that is very very very different than "No Limits" from a bettor perspective?


    Before you try to lecture another bettor here, prove you know that with an answer eh?

  7. #182
    Optional
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    Quote Originally Posted by sss_av_ltd View Post
    I really don't think I was trying to be misleading or Wagerr is trying to be misleading in saying no limits.

    I did post this on the 2nd or 3rd post to explain how it worked with the $400 slip.

    Well now that you KNOW that saying it has No Limits is at least incorrect, and really more like a complete lie.

    Will you ever say this again in your marketing at other sites?



    Quote Originally Posted by sss_av_ltd View Post
    I would still say this. See my post above.
    I get that you do not like Wagerr but to be fair I believe it was you that also thought it was a betting exchange earlier. This thread is trying to educate people on a new product. I have tried to be very clear in my responses, this is more about education than anything else.

    Oh so you will keep saying it eh, of course.

    Then at least own it that you will be lying



    "I get that you do not like Wagerr" <--- You get NOTHING. I have spent a lot of time listening to guys like you for years and think I understand your system better than you do. I have no personal feelings about it like you do. if anything, simply disappointment a bunch of idiot self promoters managed to take control of the project and did this to it.

    But "I get that you are so blinded with love for the scheme", that you cannot see the obvious problems right in front of you.

  8. #183
    Optional
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    Quote Originally Posted by SportsBettor74 View Post
    re: Taking a beating on cash in: I have not looked at this but I believe you. I see WGR as a "bonus" on top of traditional betting. I will amass WGR tokens with the expectation that in the future (3 months, 6 months, 12 months) they will be more valuable and easier to cash in. See my original post re: why I lose nothing by taking this approach
    Haven't you lost the real profits you would have made on these bets at another bookmaker?

    And it's fine to say I am just HODLing wgr and hoping it gets better and easier to cash out over time. But that isnt an argument that betting there is attractive.

    That's just another investment weighted interest in the thing.



    It can't work without real bettors bringing money into it for you. You need people with no interest in investing who see it as a great sportsbook for it not to slowly spin down the gurgler.

  9. #184
    Optional
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    Maybe if the operators can produce a real time currency conversion system where WGR is changed to a tethered currency when deposited, so it is possible to produce a separate fiat currency accepting front end for regular bettors.

    But I imagine the overhead costs of that would mean the odds can't be sharp.

    Just can't see a hook that would get regular bettors interested at all.

  10. #185
    Go_Rilla
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    Quote Originally Posted by Optional View Post
    You show your ignorance of betting constantly.

    There is a VAST difference between "No Limits" and a $400 limit with re-pops.

    Lots of books offer re-pops... can you even guess why that is very very very different than "No Limits" from a bettor perspective?


    Before you try to lecture another bettor here, prove you know that with an answer eh?
    Fine, initial bet with unlimited re-pops, do other books offer unlimited repops?
    Call it what you want, you obviously know more about Wagerr than the people that have been using it and are involved in building it.

  11. #186
    Alfie White
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    Are you delusional on purpose?

  12. #187
    sss_av_ltd
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    Whatever Man.

    I think I've presented Wagerr well enough. The people that are interested can follow the links and DYOR.

    If you need any more info just ask Opti he clearly understands the system better than everyone.

  13. #188
    BrickJames
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    Quote Originally Posted by sss_av_ltd View Post
    Whatever Man.

    I think I've presented Wagerr well enough. The people that are interested can follow the links and DYOR.

    If you need any more info just ask Opti he clearly understands the system better than everyone.
    Why are you "presenting" it at all?

    You people have been on here for years talking about this.

    Go sell your snake oil somewhere else.

  14. #189
    sss_av_ltd
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    Quote Originally Posted by BrickJames View Post
    Why are you "presenting" it at all?

    You people have been on here for years talking about this.

    Go sell your snake oil somewhere else.
    It was suggested to me to put something in here. I didnt realise there was already a thread. It’s a simple as that.

    And to be fair a lot has changed since then. The few people that reached out to me had a good experience. Apologies for trying to educate others about a new type of sportsbook.
    Last edited by sss_av_ltd; 09-22-21 at 03:44 AM.

  15. #190
    Go_Rilla
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    Since there are so many professional gamblers here that know everything I will propose a bet to whoever wants to take it. If Wagerr price goes up 10X from current price 0.035 to 0.35 and stays above for more than a month you will get the Wagerr logo tattoed on your body and post pic here, and if Wagerr price drops 10X to 0.0035 per coin and stays below that price for more than a month I will get a tattoo of your name on my body and post the pic here. Any takers?

  16. #191
    raiders72001
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    Quote Originally Posted by sss_av_ltd View Post
    Whatever Man.

    I think I've presented Wagerr well enough. The people that are interested can follow the links and DYOR.

    If you need any more info just ask Opti he clearly understands the system better than everyone.
    You have to relax a little. SBR allowed you to start a thread, advertise, and pick up a few clients. It's a gambling forum and your main point is no max. Of course the bullets are going to fly when you make that claim. It scares me that Wagerr is running with that. I'd be saying thanks for the opportunity to discuss Wagerr if I came in and advertised.

  17. #192
    raiders72001
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    Quote Originally Posted by Go_Rilla View Post
    Since there are so many professional gamblers here that know everything I will propose a bet to whoever wants to take it. If Wagerr price goes up 10X from current price 0.035 to 0.35 and stays above for more than a month you will get the Wagerr logo tattoed on your body and post pic here, and if Wagerr price drops 10X to 0.0035 per coin and stays below that price for more than a month I will get a tattoo of your name on my body and post the pic here. Any takers?
    It's not a speculative coin at this point. The price isn't going up 10x since it's not even listed at a major exchange. Why aren't they up now after all this time. There will be more 100x/1000x coins if this market has more legs but WGR isn't one of them. Wagerr would have to do some heavy advertising or get mentioned by a WSJ/CNBC type media and get listed at a major exchange before I looked to profit from the token. WGR is down 96% from it's all time high and never had that 100x/1000x run.

    If I thought this coin were going up 10x, that would be a reason to play there. Instead they have enough of the coins and will dump on the market if they close. I'm almost all BTC for sports gambling and heavy on ADA/ETH for long term holds. NFT/games if you want all or nothing. The other boom or bust non NFT/games would be a HEX, SHIB or another DOGE knockoff such as a BONE or LEASH.
    Last edited by raiders72001; 09-22-21 at 07:19 AM.

  18. #193
    Optional
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    Quote Originally Posted by Go_Rilla View Post
    Fine, initial bet with unlimited re-pops, do other books offer unlimited repops?
    Hard to be sure, as no sane bookmaker would guarantee unlimited anything. But the most I personally know of for certain was a $50 limit bet hit 1000 times a few years back at 5Dimes.

  19. #194
    CryptoDgen
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    I think there is a lot of misconception and misunderstanding after reading through this thread. Let me lay out for you the reasons I, and others, bet on Wagerr:

    1. No geo-restriction- much of the world does not have legal sports betting options available to them. This means trusting an untrustworthy 3rd party with your bankroll.

    2. Security- You hold your own funds in your own wallet, NO ONE can steal these funds from you. This is important for people that fall into category 1. Also, you do not have to trust a person/company to pay out your winning bets, you trust a smart contract.

    3. No KYC- I don't know about you but I'd like as few people to have access to my personal info as possible. You don't have to give Wagerr your name, let alone your Social Security Number, to bet there

    4. Best Odds- Why do you want to give so much of your winnings to the sportsbooks? Wagerr doesn't have huge overhead, doesn't spend millions on advertising, doesn't have the same profit motive as traditional books do, so they can offer better lines. As volume increases and the platform continues to grow the odds will continue to get better

    5. No one is limited - If you are a winning bettor you are welcome, no limiting bettors on Wagerr. You can bet as much as you would like 10,000 WGR at a time.

    Also, I would like to address the "doomsday scenario" many have brought up: what if a sharp bets a million dollars on one side and wins, doesn't that devalue everyone's WGR? People asking this are only thinking about the end point, not everything that leads up to it. To bet a million dollars in WGR you would need to first buy a million dollars in WGR, this would cause the price of WGR to go parabolic at current value, the price of WGR would go through the roof. It would be VERY costly for someone to purchase this amount of WGR at this time. They would also have to realize dumping twice as much WGR on the market (if they win their bet) would crash the price. So in other words the person trying to do this would lose a ton of money and value, making it uneconomical. Also, this is not a "what if" scenario as Wagerr has been accepting bets for years and this doomsday scenario, or anything close to it has never happened.

  20. #195
    DontTailMe
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    Another Wagerr investor had to create an account to make a third attempt at cleaning up prior misstatements by other Wagerr investors.

  21. #196
    CryptoDgen
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    Quote Originally Posted by DontTailMe View Post
    Another Wagerr investor had to create an account to make a third attempt at cleaning up prior misstatements by other Wagerr investors.
    It just seemed this thread is 13 pages in and people are still asking why someone would bet on Wagerr, I wanted to clearly state why. If those reasons don't apply to you I get it, not saying it is the best option for everyone, but why the hate?

  22. #197
    Alfie White
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    The consensus is that there is too many moving parts which push any seasoned punter away from the platform.

    - You can get WGR on random exchanges only people who use Wagerr heard of so you need to jump through hoops to get it in the first place, not to mention getting FIAT back (and fees associated with it);
    - "No limit" is BS statement as there is ~$400 limit per bet;
    - You increase your exposure to WGR token as long as your funds as on the platform;
    - WGR token has volume of $10k last 24h, as noted on some Crypto tools (Gecko);
    - Odds are several clicks lower from the best;
    - If any shark were to join the Wagerr, it would "drain" the price down to <0.01 since so many WGR coins would be minted;
    - Average turnover is USD 24,000 give or take which is piss poor...

    The list can go on and on, if you are happy with it - that is completely fine; if you are part of the group and want to attract more people to it - that is completely fine as well; but you need to understand position from which some of us here are looking at Wagerr and understand our notion to present all narratives so potential customers can understand the risks which, in my opinion, are far too big.
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  23. #198
    raiders72001
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    Quote Originally Posted by CryptoDgen View Post


    5. No one is limited - If you are a winning bettor you are welcome, no limiting bettors on Wagerr. You can bet as much as you would like 10,000 WGR at a time.

    Also, I would like to address the "doomsday scenario" many have brought up: what if a sharp bets a million dollars on one side and wins, doesn't that devalue everyone's WGR? People asking this are only thinking about the end point, not everything that leads up to it. To bet a million dollars in WGR you would need to first buy a million dollars in WGR, this would cause the price of WGR to go parabolic at current value, the price of WGR would go through the roof. It would be VERY costly for someone to purchase this amount of WGR at this time. They would also have to realize dumping twice as much WGR on the market (if they win their bet) would crash the price. So in other words the person trying to do this would lose a ton of money and value, making it uneconomical. Also, this is not a "what if" scenario as Wagerr has been accepting bets for years and this doomsday scenario, or anything close to it has never happened.
    I'll play devil's advocate again and be repetitive since the same points keep being pushed. Replace no one is limited with no one is banned. You do have a limit of 10,000 WGR ($352) per bet at this time. You have to consider the audience that you are addressing. If you talk to a tech forum, no one is limited won't be questioned but here it's different.

    There is a doomsday scenario with the amount of coins owned by Wagerr. We don't know what that is but the top 10 wallets own 24% of the coins. Top 3 own 17%. Dumping those coins does crash the market. This will happen if you close shop. Then there's still the very high fee to cash out at this time.

    edit- I missed Alfie's post so I repeated some of what he said. Alfie also explained the costs better than I did.
    Last edited by raiders72001; 09-22-21 at 02:33 PM.

  24. #199
    CryptoDgen
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    Quote Originally Posted by Alfie White View Post
    The consensus is that there is too many moving parts which push any seasoned punter away from the platform.

    - You can get WGR on random exchanges only people who use Wagerr heard of so you need to jump through hoops to get it in the first place, not to mention getting FIAT back (and fees associated with it);
    - "No limit" is BS statement as there is ~$400 limit per bet;
    - You increase your exposure to WGR token as long as your funds as on the platform;
    - WGR token has volume of $10k last 24h, as noted on some Crypto tools (Gecko);
    - Odds are several clicks lower from the best;
    - If any shark were to join the Wagerr, it would "drain" the price down to <0.01 since so many WGR coins would be minted;
    - Average turnover is USD 24,000 give or take which is piss poor...

    The list can go on and on, if you are happy with it - that is completely fine; if you are part of the group and want to attract more people to it - that is completely fine as well; but you need to understand position from which some of us here are looking at Wagerr and understand our notion to present all narratives so potential customers can understand the risks which, in my opinion, are far too big.
    Hey, I totally get what you are saying. If you have legal betting options and you're not into crypto Wagerr probably won't be the best fit for you at this time because it is still in its infancy and there are too many hurdles for those types of people. I think at this time Wagerr is great for people that don't have legal betting options and/or are crypto savvy. Once the product matures I think it will be the best option for all bettors, but we are a ways away from that.

  25. #200
    CryptoDgen
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    Quote Originally Posted by raiders72001 View Post
    I'll play devil's advocate again and be repetitive since the same points keep being pushed. Replace no one is limited with no one is banned. You do have a limit of 10,000 WGR ($352) per bet at this time. You have to consider the audience that you are addressing. If you talk to a tech forum, no one is limited won't be questioned but here it's different.

    There is a doomsday scenario with the amount of coins owned by Wagerr. We don't know what that is but the top 10 wallets own 24% of the coins. Top 3 own 17%. Dumping those coins does crash the market. This will happen if you close shop. Then there's still the very high fee to cash out at this time.

    edit- I missed Alfie's post so I repeated some of what he said. Alfie also explained the costs better than I did.
    I'm not the marketing guy, I'm not the grammar police, just trying to explain in simple terms for those interested to learn about how it works. You can call it whatever you are most comfortable, that is of no concern to me.

    In regards to your doomsday scenario, you are assuming those top 3 wallets are the team, and they could sell 25% of the coins and kill the project. I agree this could happen, but a couple of things to consider. First, why would they do that, kill the project and sell the coins for pennies after developing it for years? It is in their best interest to see the project succeed so their coins are actually worth a substantial amount in the future.

    Now let's say this did happen, it would tank the price, but I would still have my coins, the project is open source and it could still continue. I could still get something for my coins. Now what is my risk if my traditional sportsbook cuts and runs? Let me tell you because it happened to me with World Sports Exchange, you lose EVERYTHING. This is a huge risk for people that have to use offshore books, could potentially even happen with legal books. So as you can see worst case with Wagerr is actually not as bad as traditional sportsbooks (although I admit for legit legal books this chance is much smaller)

  26. #201
    raiders72001
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    Quote Originally Posted by CryptoDgen View Post
    I'm not the marketing guy, I'm not the grammar police, just trying to explain in simple terms for those interested to learn about how it works. You can call it whatever you are most comfortable, that is of no concern to me.

    In regards to your doomsday scenario, you are assuming those top 3 wallets are the team, and they could sell 25% of the coins and kill the project. I agree this could happen, but a couple of things to consider. First, why would they do that, kill the project and sell the coins for pennies after developing it for years? It is in their best interest to see the project succeed so their coins are actually worth a substantial amount in the future.

    Now let's say this did happen, it would tank the price, but I would still have my coins, the project is open source and it could still continue. I could still get something for my coins. Now what is my risk if my traditional sportsbook cuts and runs? Let me tell you because it happened to me with World Sports Exchange, you lose EVERYTHING. This is a huge risk for people that have to use offshore books, could potentially even happen with legal books. So as you can see worst case with Wagerr is actually not as bad as traditional sportsbooks (although I admit for legit legal books this chance is much smaller)
    Once again, it's know your audience. We all know about the risks of sportsbooks here going all the way back to Aces Gold and BetPanAm. We don't know how many coins you have but yes, you will dump your coins if the project ends. If you don't own the bigger wallets, the people that do will know what's happening financially at Wagerr before we do. You aren't more secure than the top bitcoin books such as Nitrogen, Betcoin and some others when it's considered that Wagerr has it's own chain and coin.

  27. #202
    raiders72001
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    Another thing, if you play at a bitcoin book, you can withdraw from one book and get it in another within an hour. If you buy WGR tokens you're stuck at one book. At this point, you should take it as constructive criticism instead of trying to persuade us.

  28. #203
    raiders72001
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    If the chain gets hacked, there's an inside job or there's a 51% attack, all our money could be gone. Sure, we have our own wallets but that doesn't mean much when Wagerr has it's own chain and coin.
    Last edited by raiders72001; 09-22-21 at 04:05 PM.

  29. #204
    CryptoDgen
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    Quote Originally Posted by raiders72001 View Post
    Once again, it's know your audience. We all know about the risks of sportsbooks here going all the way back to Aces Gold and BetPanAm. We don't know how many coins you have but yes, you will dump your coins if the project ends. If you don't own the bigger wallets, the people that do will know what's happening financially at Wagerr before we do. You aren't more secure than the top bitcoin books such as Nitrogen, Betcoin and some others when it's considered that Wagerr has it's own chain and coin.
    The problem is traditional books can, have, and will screw people over individually. Nitrogen doesn't have to run off with everyone's money to freeze my account with a BS excuse and then individually I'm screwed with no recourse. This is impossible with Wagerr.

    Also, since WGR is transparent you would see if the team wallet is selling, unlike what you said you would be able to know what is happening financially. On the other hand Nitrogen could sell off your BTC the moment you deposit it and you would have no idea.

    Lastly your coins are not "stuck" on WGR, not sure what you mean by that. I can send you some more and you'd have it in literally 1 minute. No request to withdrawal, no waiting for days to get your own money.

  30. #205
    raiders72001
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    Quote Originally Posted by CryptoDgen View Post
    The problem is traditional books can, have, and will screw people over individually. Nitrogen doesn't have to run off with everyone's money to freeze my account with a BS excuse and then individually I'm screwed with no recourse. This is impossible with Wagerr.

    Also, since WGR is transparent you would see if the team wallet is selling, unlike what you said you would be able to know what is happening financially. On the other hand Nitrogen could sell off your BTC the moment you deposit it and you would have no idea.

    Lastly your coins are not "stuck" on WGR, not sure what you mean by that. I can send you some more and you'd have it in literally 1 minute. No request to withdrawal, no waiting for days to get your own money.
    If I'm playing at Nitrogen and see a bet that I love at Betcoin, I can withdraw my money from Nitrogen and deposit it in to Betcoin to make the wager at Betcoin. I've been at both books since 2013. The same goes for Fairlay and the other bitcoin only. Some of the fiats allow fast withdrawals but bitcoin only allow multiple same day withdrawals.

    You haven't sent me any coins, so don't say "more" and I'm not asking for any coins. You guys have your own chain and coin, you're really the least secure.
    Last edited by raiders72001; 09-22-21 at 04:23 PM.

  31. #206
    SportsBettor74
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    Some interesting arguments presented by both sides.

    I am a believer in the Wagerr system because I have a very high probability of losing nothing by adopting the Wagerr system [see prior post for the rationale] and at the same time I have a significant, non-zero probability of gaining something significant by adopting the Wagerr system.

    Therefore - for me - utilising Wagerr **in conjunction with my existing, traditional bookmaker betting system** is a "no brainer".

    Anyone on this forum who is interested in Wagerr - feel free to DM me. There is a dedicated telegram channel with at least 6 of the dev staff in daily attendance. The dev team plus all the early adopters there will be pleased to take anyone through the step by step process of acquiring WGR tokens and using the product. The telegram channel is very open and friendly and no question is too simple or obvious. We all had to start somewhere.

    Regards to all - irrespective of your particular position re: Wagerr.
    Last edited by SportsBettor74; 09-22-21 at 04:25 PM. Reason: typo

  32. #207
    CryptoDgen
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    Quote Originally Posted by raiders72001 View Post
    If I'm playing at Nitrogen and see a bet that I love at Betcoin, I can withdraw my money from Nitrogen and deposit it in to Betcoin to make the wager at Betcoin. I've been at both books since 2013. The same goes for Fairlay and the other bitcoin only. Some of the fiats allow fast withdrawals but bitcoin only allow multiple same day withdrawals.

    You haven't sent me any coins, so don't say "more" and I'm not asking for any coins. You guys have your own chain and coin, you're really the least secure.
    Ok I see what you are saying and yes that could be perceived as a limitation but that is a pretty one off situation. Most casuals don't shop for lines like that and the legit bettors that do practice bankroll management will have needed funds to bet with on hand at the books they use. Additionally many "legit " books don't allow you to withdrawal for days. Last week I took some profits on Fanduel, took them 3 days to process and to receive funds, you can exchange Wagerr to dollars much faster

  33. #208
    raiders72001
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    There were 3 different 51% attacks against ETC. SOL went offline this month. There are real concerns for us players having your own chain.

  34. #209
    DontTailMe
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    Quote Originally Posted by CryptoDgen View Post
    The problem is traditional books can, have, and will screw people over individually. Nitrogen doesn't have to run off with everyone's money to freeze my account with a BS excuse and then individually I'm screwed with no recourse. This is impossible with Wagerr.

    Also, since WGR is transparent you would see if the team wallet is selling, unlike what you said you would be able to know what is happening financially. On the other hand Nitrogen could sell off your BTC the moment you deposit it and you would have no idea.

    Lastly your coins are not "stuck" on WGR, not sure what you mean by that. I can send you some more and you'd have it in literally 1 minute. No request to withdrawal, no waiting for days to get your own money.
    The reality - known by anyone who studies this and other sports betting forums - is that this doesn't really happen at A rated books because their reputation is their business. If someone claims this happened to them at one of these sportsbooks, they're almost always in the wrong.
    Points Awarded:

    raiders72001 gave DontTailMe 2 Betpoint(s) for this post.


  35. #210
    SportsBettor74
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    Quote Originally Posted by raiders72001 View Post
    If I'm playing at Nitrogen and see a bet that I love at Betcoin, I can withdraw my money from Nitrogen and deposit it in to Betcoin to make the wager at Betcoin. I've been at both books since 2013. The same goes for Fairlay and the other bitcoin only. Some of the fiats allow fast withdrawals but bitcoin only allow multiple same day withdrawals.
    If you adopted the Wagerr system you could continue to do all these things. In fact, anyone adopting the Wagerr system should continue to do everything they currently do (assuming you are profitable).

    It's not an either/or scenario. The question you must ask yourself is this: If I continue doing what I do ** AND IN ADDITION I adopt the Wagerr system *** - what is my likely result?

    If you conclude that making this additional move will result in a net loss then pass. If you conclude that making this additional move gives you a > 50% chance of making money (substitute % dependent on your appetite for risk) then go for it.

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