you are right in that they will never GROW unless you can confirm a wager instantly  especially in horse racing the waiting to see if it was taken "in time" or not raises questions to the actual person risking the money.  its understandable that the person not risking the money would say its all in the system and the clocks and they dont choose which to take or not.  but they dont put the money up first... will hinder growth.  s


sill in the early phase of bitcoin books at least they are offering something unique here.  I like it overall.  but wonder how much they will actually be able to grow with no way to confirm wagers instantaly so you know one way or the other if your bet is in...

Thanks for your feedback but I don't quite understand.

Can you please clarify and provide the problematic bet ID(s) ?

Following is an explanation from our Rules page in regards to the process in which we confirm bets.

What exactly is it that you don't like ?

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As soon as we receive your bet, we will either confirm or reject it within a minute. Refresh the Bet Status page to determine whether your bet was confirmed or rejected. If the status is 'No bets were received', it means that your bet transfer has not been delivered yet. If the status is 'Pending', it means that we received your bet and it is being processed.

If your bet transfer is delayed by the Bitcoin network or by your Bitcoin wallet or for any other reason, it will be processed as soon as it is received.

If the odds have increased by the time your bet transfer is received, your bet will be confirmed at the greater odds. If on the other hand the odds have been decreased, your bet will be rejected and refunded if you selected the 'Firm Odds' option and confirmed at lower odds if you selected the 'Flexible Odds' option or if you selected the 'Negotiate Odds' option, as long as the odds are higher than the minimum negotiated odds.

If the event is already over by the time your bet transfer is received, your bet will be refunded regardless of the result.

If your bet is confirmed then the bet will stand and can not be canceled by either you or us. If your bet is rejected, it will be refunded as soon as there are 6 confirmations for the Bitcoin transaction that you sent.

Once the bet status is either 'Confirmed' or 'Rejected', it can not be changed the other way around. A rejected bet can not turn into a confirmed bet and a confirmed bet can not turn into a rejected bet. A rejected bet will always be refunded and a confirmed bet will always get settled.

In the rare event that our system is malfunctioning while your bet is received, the bet status will remain 'Pending' or 'No bets were received', meaning it is neither confirmed nor rejected. In such a case, our system will attempt to confirm the bet as soon as it is back up. If the event is already over by that time, your bet will be refunded regardless of the result.

That's normal. It does take a few seconds to confirm bets as we need to obtain the most up to date odds, validate the bet and publish the confirmation to our website.

this is a problem  you dont get to decide to confirm or reject a wager where money is sent up front and confirmed.

that needs to be eliminated imo if you are going to grow.  

a minute in horse racing is forever!  

"As soon as we receive your bet, we will either confirm or reject it within a minute"  
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I have had wagers I put in with the pick your negociated price option.  well before the gates open and when your screen shows the race is yet to jump...  The price of my horse does not creep up to where I need it so should be no play..but then you guys get the transaction and wait the minute and all of a sudden im confirmed at my price  in the LIVE racing portion of your offereings, whicih I dont want at all cause if the odds start to climb then your screwed, and those bets have been accepted and graded a loss..  they were small wagers and buyer beware but that is a major flaw to your advantage in your set up there.  

far as I can tell you cant cancel a best offer price so if this happens your screwed..  and thus this statement you made below is 100% not true  
If the event is already over by that time, your bet will be refunded regardless of the result.

please dont take these comments as a negative condemnation, what you have is unique and Im figureing out the flaws and sorting it all out.  but imo you need several improvements if you are going to draw in serious volume and members in horses..

for the record I totally do not think that any wager pre starting should auto turn into an INPLAY wager at all.    Only your europe and australia turn inplay but that is really bad to accept a pre race wager and then allow it  in play.  two totally different bets.. but as you say you can avoid with flexible odds or fixed odds right?  those would never automatically remain active IN play?

so you an confirm that
using firm odds or flexible odds for the normal RACE to win, those wagers will never be ACTIVE (always a full refund)  once the sytstem switches to LIVE IN race?

Horse racing is not very popular stuff here on this form most of peoples like soccer NBA NHL AND MLB   

I am watching this stuff first time on this forum and site but sadly I am away from this horse racing for long time so not able to do this all right now