PiwiXchange Powered by Betfair

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  • Moneygreen
    SBR High Roller
    • 07-31-19
    • 148

    #1
    PiwiXchange Powered by Betfair
    I received this e-mail just now from Piwi247. They have lay betting options for horse racing


    Hello There,

    Good day!

    The long wait is FINALLY OVER!

    We are happy to inform you that our New Product: PIWIXCHANGE - Powered by BETFAIR is now UP on our Piwi247 platform and ready to take your bets!

    YES! You read it right!!! It's finally UP and ready to take your bets!

    The commission charged on every winning bet is 3%

    You may choose the BEST COUNTRIES TO CONNECT: NORWAY, BELGIUM, SWEDEN, SWITZERLAND, AND AUSTRIA

    Check it out now and place your bets by logging in our website : www.piwi247.com
    Last edited by Moneygreen; 06-25-21, 05:09 AM.
  • littlekona
    SBR Hall of Famer
    • 11-19-15
    • 5242

    #2
    have you tried them Money? will give them a try this weekend. they been around since 2019 and they do a KYC with payouts in 10 mins per Chat. Would be great to have another reliable lay option that has more options. But I will say Whitehorse via Brokerstorm has been outstanding for Lays.
    Comment
    • Moneygreen
      SBR High Roller
      • 07-31-19
      • 148

      #3
      I have been with them for sometime to bet on pinnacle. Haven't tried to bet on their newly up yet. I also received an email from Asianconnect, they offered piwi247. Did u received an email too?
      Comment
      • littlekona
        SBR Hall of Famer
        • 11-19-15
        • 5242

        #4
        No..ill ask them..I've been off ac88 since the commission increased....odsy88 and brokerstorm have stepped up and both been outstanding agents...FYI I checked out piwi and no lay bets are offered on horses..asked support waiting for upline response
        Comment
        • Poisec
          SBR MVP
          • 07-22-18
          • 1215

          #5
          Looks fishy, wouldn't trust them with a big deposit.
          Comment
          • littlekona
            SBR Hall of Famer
            • 11-19-15
            • 5242

            #6
            I checked out and No lay odds offered on Horses. Support said they would ask upline and get back to me but I have not heard anything for over 5 days.
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 60921

              #7
              Originally posted by littlekona
              No..ill ask them..I've been off ac88 since the commission increased....odsy88 and brokerstorm have stepped up and both been outstanding agents...FYI I checked out piwi and no lay bets are offered on horses..asked support waiting for upline response
              Thanks Kona. That's a shame after OP got everyone excited.
              .
              Comment
              • jamesrav
                SBR Hustler
                • 06-24-20
                • 92

                #8
                I currently use Orbit via AsianConnect and got the email too. I've asked them if there are any discernible differences between Orbit and Piwi Exchange (I think not, after checking the Piwi site). What i did notice was not beneficial though for horse racing: much of the screen is taken up by advertising, you have to scroll down to see the horses / odds. More importantly, the matched amount for a race tomorrow was about 2,500 on Piwi and 26,000 on Orbit (admittedly this is more than 12 hrs before racetime). I would think they'd be in perfect sync if they are using the 'real' Betfair amounts at that instant. The only reason to switch would be the bonus.

                Does anyone know if there's a 'Powered by Betfair' exchange that offers the BSP option? I doubt it, and probably will never happen but it would be great.
                Comment
                • littlekona
                  SBR Hall of Famer
                  • 11-19-15
                  • 5242

                  #9
                  Originally posted by jamesrav
                  I currently use Orbit via AsianConnect and got the email too. I've asked them if there are any discernible differences between Orbit and Piwi Exchange (I think not, after checking the Piwi site). What i did notice was not beneficial though for horse racing: much of the screen is taken up by advertising, you have to scroll down to see the horses / odds. More importantly, the matched amount for a race tomorrow was about 2,500 on Piwi and 26,000 on Orbit (admittedly this is more than 12 hrs before racetime). I would think they'd be in perfect sync if they are using the 'real' Betfair amounts at that instant. The only reason to switch would be the bonus.

                  Does anyone know if there's a 'Powered by Betfair' exchange that offers the BSP option? I doubt it, and probably will never happen but it would be great.

                  you still use AC88 for orbitx? what is your commission as they bumped up for near everyone where they are not usable ....Powered by betfair is slogan all Agents use for the bet faie white labels
                  Comment
                  • jamesrav
                    SBR Hustler
                    • 06-24-20
                    • 92

                    #10
                    I show 3% on net wins for a race. I like that it's only on the net winnings for a race, not the winning horse's profit (a surprise to me, but probably standard). And whether it's due to Orbit or the 'powered by betfair' aspect, I am pleasantly surprised that in almost all cases the payout amount is always boosted up by .1 to .5 (so I 'accept' 4.5 but get 4.9 - I wish things were always this way in life
                    Comment
                    • Jaug
                      SBR MVP
                      • 01-11-09
                      • 3087

                      #11
                      Originally posted by Moneygreen
                      I received this e-mail just now from Piwi247. They have lay betting options for horse racing


                      Hello There,

                      Good day!

                      The long wait is FINALLY OVER!

                      We are happy to inform you that our New Product: PIWIXCHANGE - Powered by BETFAIR is now UP on our Piwi247 platform and ready to take your bets!

                      YES! You read it right!!! It's finally UP and ready to take your bets!

                      The commission charged on every winning bet is 3%

                      You may choose the BEST COUNTRIES TO CONNECT: NORWAY, BELGIUM, SWEDEN, SWITZERLAND, AND AUSTRIA

                      Check it out now and place your bets by logging in our website : www.piwi247.com
                      This looks like a nice option for Sweden. Is this a legit site where you could deposit larger amounts?
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 60921

                        #12
                        Originally posted by Jaug
                        This looks like a nice option for Sweden. Is this a legit site where you could deposit larger amounts?
                        All these agents offering Betfair clones are not as safe as direct accounts.

                        If Betfair decides you have breached terms, they agents usually won't do much for you.

                        There are not a big number of previous problems though. Just some.
                        .
                        Comment
                        • jamesrav
                          SBR Hustler
                          • 06-24-20
                          • 92

                          #13
                          I didnt think that Betfair banned people, given that it's an exchange and nobody (even winning big) is affecting Bookmakers, just other traders. What terms could be broken? I'm sure the small print is extensive, but realistically what would BF find so egregious that they'd ban you? It would seem the 3rd party exchange is the riskier element here. Given that BF (and presumably the 3rd party) make $$ on commissions, why would they ban someone betting on the exchange, someone who is generating income for them?
                          Comment
                          • Alfie White
                            SBR Wise Guy
                            • 09-02-17
                            • 680

                            #14
                            You must be new here.
                            Comment
                            • jamesrav
                              SBR Hustler
                              • 06-24-20
                              • 92

                              #15
                              I have read about banning, but thought it was related to somewhat 'shady' activity by the bettors (using multiple 'free offers', things like that). I'm talking about just betting pure and simple on the exchange. I see no reason they'd ban anyone, they make commission on every win. A friend I was working with in London said BF lowers commissions and invites the big bettors to special events. That makes far more sense than banning. But on the sportsbook side, sure, if you win too much or do shady things, they probably want you gone.
                              Comment
                              • Moneygreen
                                SBR High Roller
                                • 07-31-19
                                • 148

                                #16
                                Originally posted by Jaug
                                This looks like a nice option for Sweden. Is this a legit site where you could deposit larger amounts?
                                Been using them for sometime to bet on PIN. I haven't place bets on their exchange yet but I keep checking it for reference. Their commission is same also with orbitx 3%. I got surprised they were being offered by AC88 so might be really legit
                                Comment
                                • Moneygreen
                                  SBR High Roller
                                  • 07-31-19
                                  • 148

                                  #17
                                  Originally posted by jamesrav
                                  I currently use Orbit via AsianConnect and got the email too. I've asked them if there are any discernible differences between Orbit and Piwi Exchange (I think not, after checking the Piwi site). What i did notice was not beneficial though for horse racing: much of the screen is taken up by advertising, you have to scroll down to see the horses / odds. More importantly, the matched amount for a race tomorrow was about 2,500 on Piwi and 26,000 on Orbit (admittedly this is more than 12 hrs before racetime). I would think they'd be in perfect sync if they are using the 'real' Betfair amounts at that instant. The only reason to switch would be the bonus.

                                  Does anyone know if there's a 'Powered by Betfair' exchange that offers the BSP option? I doubt it, and probably will never happen but it would be great.
                                  I think the difference between them is Piwi doesn't have Orbitx. When you log in piwi you will have an access in 3 books now, pinnaclesports, casino and exchange. While in orbitx when you log in there's no pin or piwi
                                  Comment
                                  • Optional
                                    Administrator
                                    • 06-10-10
                                    • 60921

                                    #18
                                    Originally posted by jamesrav
                                    I didnt think that Betfair banned people, given that it's an exchange and nobody (even winning big) is affecting Bookmakers, just other traders. What terms could be broken? I'm sure the small print is extensive, but realistically what would BF find so egregious that they'd ban you? It would seem the 3rd party exchange is the riskier element here. Given that BF (and presumably the 3rd party) make $$ on commissions, why would they ban someone betting on the exchange, someone who is generating income for them?
                                    It's usually to do with suspected money laundering activity.

                                    Which includes transferring funds to other accounts by "fake" exchange bets.

                                    So people sometime get caught up in it thinking no one will notice or that it doesn't matter.
                                    .
                                    Comment
                                    • jamesrav
                                      SBR Hustler
                                      • 06-24-20
                                      • 92

                                      #19
                                      Does anyone know if Nevada citizens can use the betfair.com site (and most importantly the Exchange). I've seen mention that Nevada, New Jersey, and Deleware can use betfair, but maybe only the Casino portion (unimportant). I assume New Jersey can at least do partial sports betting at Monmouth on betfair. I know things are constantly changing (SLOWLY) , if Nevada citizens have full betfair privileges that's a big step.
                                      Comment
                                      • Foosball Champ
                                        SBR Wise Guy
                                        • 10-19-10
                                        • 994

                                        #20
                                        Originally posted by Optional
                                        Thanks Kona. That's a shame after OP got everyone excited.
                                        what is OP? thanks
                                        Comment
                                        • Optional
                                          Administrator
                                          • 06-10-10
                                          • 60921

                                          #21
                                          Originally posted by Foosball Champ

                                          what is OP? thanks
                                          Original Poster.

                                          The one who started the thread.
                                          .
                                          Comment
                                          • Foosball Champ
                                            SBR Wise Guy
                                            • 10-19-10
                                            • 994

                                            #22
                                            Originally posted by Optional
                                            Original Poster.
                                            ok thx

                                            The one who started the thread.
                                            i contacted them . they are another phillipines based broker. cs is completely clueless had no idea of comm rates or bonus. no lay option on horses
                                            Comment
                                            • Poisec
                                              SBR MVP
                                              • 07-22-18
                                              • 1215

                                              #23
                                              Originally posted by jamesrav
                                              I didnt think that Betfair banned people, given that it's an exchange and nobody (even winning big) is affecting Bookmakers, just other traders. What terms could be broken? I'm sure the small print is extensive, but realistically what would BF find so egregious that they'd ban you? It would seem the 3rd party exchange is the riskier element here. Given that BF (and presumably the 3rd party) make $$ on commissions, why would they ban someone betting on the exchange, someone who is generating income for them?
                                              Now it seems Betfair brings most of the liquidity themselves on the exchange, which means if you win a lot, they are the counterpart losing money. Hence why they don't like winners.
                                              Comment
                                              • jamesrav
                                                SBR Hustler
                                                • 06-24-20
                                                • 92

                                                #24
                                                that's an interesting take on things, and worrisome if true. The whole point of the Exchange was betting against other people or syndicates or bots, and they (BF) could care less if you won or lost. They got the 5% commission. But if they are part of the equation in a big way, they (along with their 3rd party licensees i imagine) now care about people 'winning too much' if what you say is true. But I've always heard that BF loved winners, and other than the Premium charge, was still the best option for serious bettors. Kind of confusing.
                                                _______________

                                                I did get into a chat with a BF csr and after about 10 minutes of holding, he came back and said that the citizens in the 3 USA states that supposedly can "use the Betfair platform" are severely restricted in that capacity, only being able to do Fantasy Sports. Definitely cannot use the Exchange. So that's too bad, and I doubt is going to change anytime soon.
                                                Comment
                                                • lilman
                                                  SBR Rookie
                                                  • 07-16-21
                                                  • 11

                                                  #25
                                                  i cannot find the piwi exchange site? is it still up?
                                                  Comment
                                                  • Moneygreen
                                                    SBR High Roller
                                                    • 07-31-19
                                                    • 148

                                                    #26
                                                    Originally posted by lilman
                                                    i cannot find the piwi exchange site? is it still up?
                                                    I just logged in. www.piwi247.com
                                                    Comment
                                                    • littlekona
                                                      SBR Hall of Famer
                                                      • 11-19-15
                                                      • 5242

                                                      #27
                                                      Originally posted by Moneygreen
                                                      I just logged in. www.piwi247.com
                                                      Money, they basically did the old bait and switch with this email they sent you. I contacted them weeks ago and set up an account to see if lay offered and the answer is NO. They said they would contact me when the UPLINE got back to them with an answer why no "LAY" they still have not contacted me back. Now they are a newer company and I showed interest so for them not to care to email me back with an answer even if was to say sorry we do not offer lay is just horrible customer service. Odsy88 and Brokerstorm both have proved reliable fast payers and very good customer service. These guys seem clueless
                                                      Comment
                                                      • lilman
                                                        SBR Rookie
                                                        • 07-16-21
                                                        • 11

                                                        #28
                                                        hey littlekona does Odsy88 and Brokerstorm offer Lay wagering for the horses? I am trying to find a broker site with it available things are tough since i cant find anyone who accepts USA players... your help and knowledge is much appreciated
                                                        Comment
                                                        • littlekona
                                                          SBR Hall of Famer
                                                          • 11-19-15
                                                          • 5242

                                                          #29
                                                          Originally posted by lilman
                                                          hey littlekona does Odsy88 and Brokerstorm offer Lay wagering for the horses? I am trying to find a broker site with it available things are tough since i cant find anyone who accepts USA players... your help and knowledge is much appreciated
                                                          brokerstorm does and is the best option. Also another site that offers is Mbet.IO they offer lay the favorite with more tracks then Betfair offers but odds are not as good. Fairlay is also another Lay option but it is very limited esp for USA tracks (Fairlay and Mbet are not agents)
                                                          Comment
                                                          • lilman
                                                            SBR Rookie
                                                            • 07-16-21
                                                            • 11

                                                            #30
                                                            thanks littlekona! Brokerstorm won't take USA players or do you just need to use a proxy/vpn for them.
                                                            Comment
                                                            • lilman
                                                              SBR Rookie
                                                              • 07-16-21
                                                              • 11

                                                              #31
                                                              is there any agent that offers BetDaq since they offer more US tracks than Betfair?
                                                              Comment
                                                              • littlekona
                                                                SBR Hall of Famer
                                                                • 11-19-15
                                                                • 5242

                                                                #32
                                                                Originally posted by lilman
                                                                is there any agent that offers BetDaq since they offer more US tracks than Betfair?
                                                                No ive never seen one..Odsy88 for orbitx is my number 1 for backing horses. they pay the fastest but they do have exposure limits of 3K which is fine for most horse players..if you can get AC88 orbitx under 3.5% thats another reliable option but most guys they bumped 10% and up so no useable obviously...if you find others post here
                                                                Comment
                                                                • lilman
                                                                  SBR Rookie
                                                                  • 07-16-21
                                                                  • 11

                                                                  #33
                                                                  its looks like BrokerStorm dont have lay wagering available anymore saying whitehorse exchange is offline for them... any other agents have the whitehorse exchange ?
                                                                  Comment
                                                                  • turk0011
                                                                    SBR Rookie
                                                                    • 09-16-13
                                                                    • 45

                                                                    #34
                                                                    I compared it to the original betfair. Volumes and open trades are 2x the original. Maybe he's taking risks. Not all of our bets are forwarded to betfair.
                                                                    Comment
                                                                    • Foxx
                                                                      SBR Hall of Famer
                                                                      • 05-25-11
                                                                      • 5825

                                                                      #35
                                                                      Originally posted by lilman
                                                                      is there any agent that offers BetDaq since they offer more US tracks than Betfair?
                                                                      Word on the street is the Stronach Group tracks are coming back online on Betfair exchange. That includes SA, GG, GP, LRL, PIM.
                                                                      Comment
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