Bitcoin-Betting DeFi with Pinny odds and totally anonymous.

[raiders72001]

We finally have a Pinny DeFi. This is the new Fairlay with a cleaned up look. Pinny odds and you're totally anonymous. Your funds are self custody. US needs VPN.

Bitcoin Betting Is Launching an Unstoppable DeFi App for Sports Betting and Prediction Markets With No KYC

Bitcoin-Betting is launching its cutting-edge DeFi app, designed for sports betting and prediction markets. The app targets semi-professional sports bettors who value privacy, high limits, great odds and peace of mind, knowing that their funds are secure and can always be withdrawn within seconds on the Ethereum blockchain. With no KYC requirements, identity management is handled entirely through DeFi wallets, ensuring privacy and security.

https://news.bitcoin.com/bitcoin-bet...s-with-no-kyc/

[raiders72001]

[Optional]

is it a sportsbook or still an exchange model?

[raiders72001]

is it a sportsbook or still an exchange model?

I'm new to it so maybe someone could help out with this. It's suppose to be an exchange. I know that there are a few market makers. I haven't figured out how to make offers yet. It's setup nice as a sportsbook and that's all that I've done so far. One thing to mention, since I didn't see it at first, is that there is a settings button top right.

Fairlay has been invite only for a year or so. This is invite only too. It seems they allow all those from forums to enter.

[raiders72001]

When I placed bets, it came back and immediately said matched.

[raiders72001]

I just found out that making offers isn't integrated into the UI. It's only possible via API. For most of us it's works as an anonymous Pinny. Bets are made in mBCT or mETH.

[Optional]

I just found out that making offers isn't integrated into the UI. It's only possible via API. For most of us it's works as an anonymous Pinny. Bets are made in mBCT or mETH.

So no lay betting for the average user? Seems like a key thing many people will want. These guys love to do it "weird".

[raiders72001]

So no lay betting for the average user? Seems like a key thing many people will want. These guys love to do it "weird".

Definitely, the weirdest part was when it was Fairlay. I stopped using it because it took too much time to find what I was looking for. Now I don't know why they are invite only and the way they on board players. They want pros so it seems they should open it to all.

They really do have a nice product now if you look at it solely as a sportsbook. They went from the worst interface to the best in my eyes.

[bookie]

Raiders what are the limits on NFL & NBA sides and totals during this time that it's operating as a sportsbook?

[raiders72001]

Raiders what are the limits on NFL & NBA sides and totals during this time that it's operating as a sportsbook?

I'd imagine the same as Pinny if not more. In minor markets there limits are higher than Pinny.

[raiders72001]

If anyone decides to play there or needs to know how to connect a wallet to a site here's a Metamask tutorial. Only connect to trusted sites and never share seed phrase if asked for. Metamask is intimidating at first but simple after a while. This is to play in ETH. You need to always keep a little ETH in your wallet for gas.

[raiders72001]

Here's a vid to play in BTC or transfer other coins.

[raiders72001]

I forgot to clarify. Everything is on the ETH chain. I'd assume most will play in ETH and your balance would be in mETH. If you want your balance in mBTC then you would send wrapped BTC which is an ERC20 token backed 1:1 with BTC.

[trytrytry]

how KYC is this metamask thing you have to sign up for?

[raiders72001]

how KYC is this metamask thing you have to sign up for?

No KYC at all. Make sure to write down the 12 word seed phrase and keep. https://metamask.io/download/ Never give out seed phrase.

I'll post some pics later for those that want to hold funds in wBTC instead of ETH. You should go with the one that you think will make the most profit. Metamask only carries ETH and ETH tokens. wBTC is an ETH token but is tagged to the price of BTC. Everything concerned with Bitcoin Betting is on the ETH blockchain for record keeping purposes. Everything is transparent at Bitcoin Betting.

[raiders72001]

If you want to play in BTC, then swap ETH for wBTC in Metamask. Now you can keep your balance in mBTC at Bitcoin Betting or if you want wrapped bitcoin for another reason.

[ichiro4thehall]

This has the potential to be HUGE. Thanks for posting Raiders. In a way, I'm very surprised it took this long to make such a product with how much a PIA KYC AML are this market was always available.

Two questions: Do you know anywhere where people have looked into/discussed the security of the actual smart contracts? They will obv be targetted attacks but the fact the Fairlay folk are behind it gives me confidence, as although that site was a navigational nightmare it had no tech issues/hacks that I know of.

Second question: If it is the Fairlay people behind this then governments either know or could find out who they are. There was an issue on here a few years back that caused me to stop playing at Fairlay. Can't recall exact details, guy was a big tennis bettor but weird dude, but I think my recollection is his funds were unjustly seized and Fairlay's excuse was some gov agency told them to do it. What if some gov agency tells them to freeze funds here? Can anyone guarantee these smart contracts have no backdoor?

[Optional]

This has the potential to be HUGE. Thanks for posting Raiders. In a way, I'm very surprised it took this long to make such a product with how much a PIA KYC AML are this market was always available.

Two questions: Do you know anywhere where people have looked into/discussed the security of the actual smart contracts? They will obv be targetted attacks but the fact the Fairlay folk are behind it gives me confidence, as although that site was a navigational nightmare it had no tech issues/hacks that I know of.

Second question: If it is the Fairlay people behind this then governments either know or could find out who they are. There was an issue on here a few years back that caused me to stop playing at Fairlay. Can't recall exact details, guy was a big tennis bettor but weird dude, but I think my recollection is his funds were unjustly seized and Fairlay's excuse was some gov agency told them to do it. What if some gov agency tells them to freeze funds here? Can anyone guarantee these smart contracts have no backdoor?

That was a weird one and don't blame you for being wary after it.

To best of my recollection it was one manager who came across like he was just using that as an excuse, and had it blow up his face as bad PR.

I "think" SBR got the guys money back for him in the end. Do you recall?

[raiders72001]

This has the potential to be HUGE. Thanks for posting Raiders. In a way, I'm very surprised it took this long to make such a product with how much a PIA KYC AML are this market was always available.

Two questions: Do you know anywhere where people have looked into/discussed the security of the actual smart contracts? They will obv be targetted attacks but the fact the Fairlay folk are behind it gives me confidence, as although that site was a navigational nightmare it had no tech issues/hacks that I know of.

Second question: If it is the Fairlay people behind this then governments either know or could find out who they are. There was an issue on here a few years back that caused me to stop playing at Fairlay. Can't recall exact details, guy was a big tennis bettor but weird dude, but I think my recollection is his funds were unjustly seized and Fairlay's excuse was some gov agency told them to do it. What if some gov agency tells them to freeze funds here? Can anyone guarantee these smart contracts have no backdoor?

This could be a game changer. I'm trying to contact them since I'd like to know exactly how bets are graded and address what I'm unsure of in your questions. I know that they are now set up as a DAO. This helps distance themselves against any personal liabilities. The only way someone can hack money is to hack the ETH chain. Bitcoin Betting can't take funds. You can see everything that they do online including votes.

They have over $75,000,000 in cold storage. This BTC run has been good to them.

https://www.blockchain.com/explorer/addresses/btc/1EV8YeieYEZ7iksGT9jS7KdcbE12pk4FwZ

[bookie]

Raiders have you thought about starting a Substack newsletter to educate value conscious sports bettors about the future that's coming?

You're so on top of this, and it feels like such a waste to have all your good information languish on these hidden forums.

Bitcoin Betting, you've got a great potential product, but you've got a lot of educating to do before it's going to be widely adopted. Have you thought of hiring someone like Raiders as a liaison between yourselves and the betting public? He's a non-tech guy who is and has been committed to figuring crypto and DAO stuff out and has educated a lot of us. He could do great stuff for you as your customer education point guy.

I don't know Raiders or if he'd be interested, but it just seems like a good match.

[raiders72001]

Raiders have you thought about starting a Substack newsletter to educate value conscious sports bettors about the future that's coming?

You're so on top of this, and it feels like such a waste to have all your good information languish on these hidden forums.

Bitcoin Betting, you've got a great potential product, but you've got a lot of educating to do before it's going to be widely adopted. Have you thought of hiring someone like Raiders as a liaison between yourselves and the betting public? He's a non-tech guy who is and has been committed to figuring crypto and DAO stuff out and has educated a lot of us. He could do great stuff for you as your customer education point guy.

I don't know Raiders or if he'd be interested, but it just seems like a good match.

I just like to do my own thing. I really have a love for crypto.

You are 100% right about Bitcoin Betting. It's a great product, maybe the best, but it seems people are afraid and don't understand Metamask. I was the same way at first with Bitcoin. It's somewhat intimidating. Then you jump in and after a while realize that it's pretty simple.

[raiders72001]

This has the potential to be HUGE. Thanks for posting Raiders. In a way, I'm very surprised it took this long to make such a product with how much a PIA KYC AML are this market was always available.

Two questions: Do you know anywhere where people have looked into/discussed the security of the actual smart contracts? They will obv be targetted attacks but the fact the Fairlay folk are behind it gives me confidence, as although that site was a navigational nightmare it had no tech issues/hacks that I know of.

Second question: If it is the Fairlay people behind this then governments either know or could find out who they are. There was an issue on here a few years back that caused me to stop playing at Fairlay. Can't recall exact details, guy was a big tennis bettor but weird dude, but I think my recollection is his funds were unjustly seized and Fairlay's excuse was some gov agency told them to do it. What if some gov agency tells them to freeze funds here? Can anyone guarantee these smart contracts have no backdoor?

There was a legal reason for why the funds were held. It is legit. I'd assume that SBR knows what happened. This type of thing can no longer happen.

[Optional]

There was a legal reason for why the funds were held. It is legit. I'd assume that SBR knows what happened. This type of thing can no longer happen.

It could happen again if the same manager is making decisions.

He made it clear and stuck to his guns that they should help the US feds if asked, even when they had no jurisdiction.

Player only got paid after the horrible PR generated over it.


That said, the decision came from a place wanting to be seen to be responsible and not damage the business' standing in the eyes of US authorities. Not trying to take advantage of players.

[raiders72001]

It could happen again if the same manager is making decisions.

He made it clear and stuck to his guns that they should help the US feds if asked, even when they had no jurisdiction.

Player only got paid after the horrible PR generated over it.


That said, the decision came from a place wanting to be seen to be responsible and not damage the business' standing in the eyes of US authorities. Not trying to take advantage of players.

Governance is now controlled by a DAO but more importantly Tornado Cash just won a court case in a similar vein. Even if illegal, there's nothing that can be done.

The court concluded that immutable smart contracts—self-executing code that runs autonomously on a blockchain—do not constitute property because they are not capable of being owned or controlled by any individual or entity. This distinction is crucial, as the IEEPA grants the Treasury the authority to regulate or prohibit transactions involving foreign property interests but does not extend to autonomous code without ownership.
The court stated, “Immutable smart contracts are autonomous and self-executing pieces of code that function without human intervention. They do not possess the attributes of property as traditionally understood under federal law.”

The Coinbase CLO emphasized the court’s recognition that “blocking open-source technology entirely because a small portion of users are bad actors is not what Congress authorized.” He added that the sanctions “stretched Treasury’s authority beyond recognition,” and the court’s decision corrects this overreach.

https://bitcoinist.com/tornado-cash-...ry-for-crypto/

[raiders72001]

I should add, USDC can be frozen but not ETH and WBTC. Bitcoin Betting uses ETH and WBTC. Polymarket uses USDC.

[raiders72001]

Low vig on will Trump meet with Putin.

[raiders72001]

Tulsi confirmed Yes -127
TikTok sale no-109
Trump declassifies JFK files yes -300
Musk no -270
Trump ends taxes on tips no -366
Poilievre PM yes-490
Nuclear war detonation no -427 yikes
Trump acquires Greenland No -735

[raiders72001]

Every time that a Philadelphia player touches Patrick Mahomes there's a 15 yard penalty Yes -250

[raiders72001]

The Degen1/Fairlay case was referenced above so I'll bring the court case here too. You can find the court case info https://www.sportsbookreview.com/for...gen1-case.html

bookie

Here's the TLDR version I got when I popped the court documents into an AI:

Based on this court filing from July 2020, Douglas Jae Woo Kim was charged with wire fraud for running a cryptocurrency investment scheme between October 2017 and July 2019. Here's what happened:

Kim approached friends and acquaintances claiming to be a cryptocurrency trader, asking for loans supposedly for business purposes and cryptocurrency trading. He promised to repay the loans with interest.

Three main victims were identified:

• Victims 1 and 2 lost approximately 91 Bitcoin and 15,252 Ethereum
• Victim 3 lost $30,000 in USD

Instead of trading cryptocurrency as promised, Kim transferred the funds to online gambling sites like Nitrogen Sports and Fairlay, which operate outside the US. None of the victims knew their money would be used for gambling - they stated they wouldn't have made the loans if they had known.

The specific wire fraud charge stems from a June 27, 2019 transfer, when Kim received $30,000 from Victim 3 and immediately moved $59,000 to a crypto exchange, converted it to Bitcoin, and sent it to Fairlay gambling site.
The total scheme netted over $4.5 million in assets. While one victim (Victim 3) eventually received their money back in May 2020, the FBI learned Kim was still actively soliciting new loans as of February 2020.

[raiders72001]

Their X account says that Rootstock is being implemented. This is a BTC sidechain which will make depositing and withdrawing easier.

Yesterday I couldn't get a prop matched so I switched nodes and it was matched. Click settings top right then switch nodes.

[Vene1616]

This could be a game changer. I'm trying to contact them since I'd like to know exactly how bets are graded and address what I'm unsure of in your questions. I know that they are now set up as a DAO. This helps distance themselves against any personal liabilities. The only way someone can hack money is to hack the ETH chain. Bitcoin Betting can't take funds. You can see everything that they do online including votes.

They have over $75,000,000 in cold storage. This BTC run has been good to them.

https://www.blockchain.com/explorer/...7KdcbE12pk4FwZ

Have you ever found out how bets are graded?

Is it true they have a simple command where you can see all user's balances and action?

[raiders72001]

Have you ever found out how bets are graded?

Is it true they have a simple command where you can see all user's balances and action?

https://bitcoin-betting.org:1443/

type in "leaderboard 240"

I'm not sure how to see all the transactions and bets but they are on the chain. They do have a chat room to find out.

[noflexzone]

Do they allow VPNs? Says it's not available in this region.

[raiders72001]

Do they allow VPNs? Says it's not available in this region.

Yes, I use a VPN.

[raiders72001]

To check wagers of yours and others

this is on the block explorer https://bitcoin-betting.org:1443/ enter "getmatchesbyuser 240,account number". There's no need to type help.


Very Simple Command Line Block Explorer

Blockheight:260027

Version : eccbfd5 last100

Build: 04.02.2025 03:01:52

Type 'help' to start

Input: Submit