A lot of people here are recommending Directbet. And I do agree their sports betting operation is good. There are no problem with cashouts, and their set up is pretty straight forward. But still needs a little getting used to if you're mainly a fiat sports book user.
What I hate about it is the odds. I could find way better lines at Nitrogensports or 5Dimes. So Dircetbet is a 3.5 at most for me.
Directbet is basically using Betfair prices with EXACTLY 10% margin added on. The reason why they accept anonymous bets is because they don't actually take a bet, they lay off to Betfair immediately through their API. People say its a good brand to use but how long Betfair will allow this to happen for in lieu of their licensing agreements is anyones guess. Directbet is basically an unofficial bet broker in bitcoin for Betfair, with much worse odds - its not a sportsbook.
Yeah may be everyone knows that their site has low odds and i am sure not all of them are into this matter since the difference is not that significant, around 0.1-0.2. But do you ever think that why many people still come here and bet huge all the time? This is because they have a good support and simple way to bet your balance. And it does not required any account to make sure that you can bet, everything is so smooth here. And this is why they will always be in top 3 on every ranking on sport betting
BTCevo, I won't speculate regarding your knowledge of sportsbetting but the price is 10% worse than Betfair and significantly worse than almost all bitcoin sportsbook on offer. I can do exactly the same if i wanted to and just do an 8% margin on top and undercut their odds. It is very easy with the Betfair API. Betfair have a licensing agreement to stop API customers - normally large bettors and professional gamblers - from being able to carry out this sort of business so I suspect Directbet isn't a long term business model. It's a great service if you statistically never want to make any money back.
Here is proof that they are using the Betfair API. Today BTCtalk users of Directbet complained that The Oscars Best Picture market had been incorrectly settled with Moonlight as a loser and La La Land as a winner - as did Betfair, unsurprisingly:
http://community.betfair.com/specials/go/thread/view/94178/30826345/la-la-land#flvWelcomeHeader not to mention they have exactly the same sports, competitions and events with always exactly a 10% margin added as a line fattener on top. Don't kid yourself, its not a sportsbook. Sportsbook means making a book(prices), taking a bet on that price for the risk. They just pass off the bet to Betfair and cream a 5% margin (minus 5% commission fee) off the top for relatively little effort.
It does not really matter, because most of people does not really complaint about the lower odds to other competitors. I know that his site has low odds but as long as there are people want to get this easiness of his betting(does not need an account to make bet). And everyone feel comfort with it, so why you still make this FUD? Many people already know this and some of them even make an comparison through every sportbooks. So what? I dont think that it will let directbet reputation fall
