Bet365 FY Profit Spikes As Turnover Nears £20b | Online

bet365 turnover

bet365 turnover - win

$700,000 Bet on Fintech - BFT

$700,000 Bet on Fintech - BFT
Alright Degenerates- I posted a small little snippet a day or so ago about BFT. I wanted to do a bit of DD on BFT but also wanted to highlight something that was brought to my attention by a degenerate gambler. Lastly, I wanted to compile some good little snippets that have been put together by some other members as well as from the investor presentation.
Before reading further please understand the major Risks.
  • This is SPAC with ~10.00 NAV, if the deal falls through it could drop to 10.00 USD
  • The warrants could be very lucrative but they can be called and if a deal fails to materialize, these can become worthless.
  • If you're ok with the above risks, continue reading.
Keep in mind that this merger is not complete, but the terms of the deal have been provided to investors and we will be able to either vote yes for the deal or vote no and redeem our shares in BFT for 10.00 cash. So there is downside to this play should the vote not go through or should the two entities terminate the agreement. Right now the downside is ~3 dollars per share according to the close price from today.

MY POSITIONS - Mostly PRPL, PSTH and BFT/BFT.W


https://preview.redd.it/ygrfo9vp0b461.jpg?width=1065&format=pjpg&auto=webp&s=ccd5cd4846d0cdcd6f1ed0e7a37548399a5cf461
https://preview.redd.it/fd3o99vp0b461.jpg?width=1072&format=pjpg&auto=webp&s=96faf02b077fc060c6025bbf7976b54edc6db493


The Customers and MOAT

  • Deep Customer Base with deep ties to gambling/betting industry with Deep penetration in Europe and growing customer bases around the world. Gambling is a tricky business and regulated differently than other industries. Many big players have avoided the industry and Paysafe has a great reputation and has become one of the early movers in the industry. The following are some notable customers.
https://preview.redd.it/0bhbpnvr0b461.jpg?width=473&format=pjpg&auto=webp&s=57ec71dfedd8c6eb1d604282021340fbd8d39025
https://preview.redd.it/cno03rvr0b461.jpg?width=285&format=pjpg&auto=webp&s=4281b8e0db4783b7b4b6cce74f62f0694bdbb008

----------------------------------------------------------------------------------------------------------------------------------------------------- I actually know Paysafe and the usage quite well.
PayPal has many restrictions in Europe regarding iGaming , so does Square.
This is a big play on iGaming for those that aren’t aware.
I was a mid- high stakes online poker player through the 2010-2018. Played a variety of sites. : iPoker; PokerStars, Paddy, MicroGaming, 888, Party. Why so many sites? Because I was always on lookout for where the action was, if a big whale sat down at one online casino; you bet your sweet ass I’m there.
So let me give you my take as a consumer that’s probably spent over $100,000 in transaction fees personally on Paysafe.
This was one of the cheapest and fastest ways to move money around online.
Unlike Stripe this which is against risky business such as CBD and gambling, paysafe is actually one of the leading payment providers in both UK/AUS / Ireland for iGaming.
Big example is William Hill, Bet365, Bwin.
Now why would you want to move money online around as a gambler ?
Well, Visa/MC charge close to 50%->75% more, online casinos = the merchant. They don’t wanna pay that, and in fact put limits on this type of payment processor. (Your visa’s credit cards etc). If a punter deposits / withdraws frequently, the online casino could literally be on the hook for like 20-30% of the turnover throughout the gambler’s period. (This assumes the gambler doesn’t lose all his money per deposit.
Imagine you’re a professional sportsbettor, you’re not loyal to one site. Different spreads / odds are offered on every site, you want to be able to move your money from one to another quickly and cheaply. Arbitrage opportunities do exist in sports betting as bookmakers hedge their books to minimize risk, diff frequencies of bets occur on each sports book; you get the idea.
For recreational punters, it’s simple: some sporting events that are smaller simply don’t exist on one site that exist on another. Eg. Perhaps you using Pinnacle / 10dimes for low spreads on high volume events, but perhaps you want to gamble on live events on bet365 on another day, and bet ponies on Hill.
What if you only have $5000 ? Giant pain in ass to deposit money to each site, paysafe lets you move it around easily.
Should you use visa, you may get blocked from depositing on various sites; Bodog, WHill, Bet365 just to name a few. Withdrawals and clearing deposits with bank transfers or checks takes days-> weeks and gamblers ain’t gonna wait for that shit.
You can also buy prepaid paysafe cards from stores if you don’t wish to use your real credit card; and load that shit up.
One of the biggest markets this is prominent in is South east Asia, they are some of the biggest punters and fucking loving gambling. Looking at you pinoys, Indonesians, Malays. Not everyone wants to fly to Macau to get their rocks off.
As much as this is a play on FinTech, please understand this company has more or less the best Payment service on online gambling globally.
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The Comparable VALUATIONS

From this chart you can see that there looks to be some favorable multiples that could improve once a deal closes. Also, I'm very bullish on the great Margins as well as the conservative growth. I think Foley along with the growing Igaming undervalues the potential of this company. Just the Draft Kings relationship make me tingle.

CHART is COURTESY of u/CoachCedricZebaze
https://preview.redd.it/aozxwuft0b461.jpg?width=722&format=pjpg&auto=webp&s=e40cbc4538ff3bef87a31050dca316ecae996a9b

Management and Growth

  • Bill Effing Foley - I have a thing for guys name Bill and this guy get my nips hard.
    • This guy has turned shit into gold. See his previous ventures before and after....

https://preview.redd.it/dp6oe2ew0b461.jpg?width=386&format=pjpg&auto=webp&s=5e6f137c95fec971568dfa5bc07d0290997c753d
https://preview.redd.it/mhl9b7ew0b461.jpg?width=326&format=pjpg&auto=webp&s=f57ec2eb7c7c318323373af10c8bb12b03e9082e
  • Bill has connections and a strategy to dominate Igaming.
  • Igaming addressable Market is expected to grow immensely from a few billion to tens of billions.
https://preview.redd.it/qfacblzz0b461.jpg?width=241&format=pjpg&auto=webp&s=dbcdace95286ffccf613daa79b93554ca3e5728b

This is an end to end payment processor with big big big name relationships for very disruptive companies that have huge addressable markets. The reason I am excited is because IGAMING is just really starting to take off and Paysafe is a first mover with brand new experienced management and very very fair valuations that could pop after a merger.
TL;DR- BUY BFT stock and BFT.W because BFT stands for big freaking tenderloins.
submitted by dhsmatt2 to wallstreetbets [link] [comments]

Gambling industry analytics and sports betting exchange Si14.

Gambling industry analytics and sports betting exchange Si14.
Gambling industry analytics and sports betting exchange Si14. According to statistics, more than 25% of the world's population plays gambling. The pace of development of online and offline gambling shows impressive growth, steadily adding an average of 10-15% to the turnover per year. Online gambling accounts for more than 80% of the industry and that is over $500 billion a year, and these figures will only grow (witness the pandemic). In general, working with gambling becomes more relevant every year: you can earn good money and create sources of active and passive income. The most gambling countries in gambling: China, Australia, Singapore, Ireland, Canada, Finland. Approximate percentage of residents and gamblers in the country: Netherlands - 87%, Italy - 80%, Russia - 75%, Finland - 74%, Iceland - 69%, United Kingdom - 68%, Belgium - 60%, Ireland - 59%. This is the data from Nottingham Trent University. Si14 AG has concluded memoranda with the list presented. This allows the Si14Bet platform to obtain maximum liquidity for users. Follow our news and join in the success story. For more information, please visit https://Si14bet.io #Si14 #betfair #bet365 #Si14Bet #oods #livebetting #soccerbetting #bettingtip #soccerbetting #bookies #bettingexchange #rich #bookmaker #sportsgambling #millionaire #billionaire #makemoney #moneyonline #bettingexchang
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Si14 Betting exchange in Spain.

Si14 Betting exchange in Spain.
Si14 Betting exchange in Spain. Dear users! Our company is in the process of opening an official representative office of Si14 AG in Spain. The official representative in Spain is Betadvisor (http://betadvisor.com). The official representative of Pedro Alejandro Segovia Bertomeu. The success of the gambling sector in Spain, according to a financial report from the Spanish regulator, is comparable to last year's record, when the turnover of Spanish betting companies increased by 41.3%, corresponding to €5.39 billion. At the same time, according to the reports, the gross revenue of gambling operators in Spain increased by another third this year to €8.76 billion. In addition, economists say that the Spanish treasury received a total of €1.65 billion as taxes. An important strategic partnership has been concluded for Si14 AG, allowing it to increase the liquidity of the platform and become a leader in the betting industry. Our company is conducting the second investment stage of selling the company's share. You can leave a request for consultation at [email protected]. For more information, please visit https://Si14bet.io #Si14 #betfair #bet365 #Si14Bet #oods #livebetting #soccerbetting #bettingtip #soccerbetting #bookies #bettingexchange #rich #bookmaker #sportsgambling #millionaire #billionaire #makemoney #moneyonline #bettingexchang #bettingexperts #onlinesport #casino.
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Liquidity of Si14 betting exchange.

Liquidity of Si14 betting exchange.
Liquidity of Si14 betting exchange. Dear friends! Our company often receives questions about the liquidity of the Si14Bet bet exchange. The arsenal of Si14 AG includes tools for betting companies, which using API allows you to use the liquidity of the exchange for your bookmaker to hedge positions and weigh lines. The Si14 AG platform is also a liquidity aggregator for the Chinese market. Si14 AG is not a competitor in the gambling market for bookmakers. The business model is based on healthy and transparent partnerships. The platform's minimum commissions have attracted a large number of professional market players with turnover of over 300,000 USD per day. These facts make it possible to avoid liquidity problems with the platform and take a leading position in the betting market as a liquidity aggregator. Dear investors, You also have the opportunity to become a co-founder of Si14 AG. Our company is conducting the second investment stage of selling the company's share. You can leave a request for consultation at [email protected]. Follow our news and join in the success story. For more information, please visit https://Si14bet.io #Si14 #betfair #bet365 #Si14Bet #oods #livebetting #soccerbetting #bettingtip #soccerbetting #bookies #bettingexchange #rich #bookmaker #sportsgambling #millionaire #billionaire #makemoney #moneyonline #bettingexchang #bettingexperts #onlinesport #casino.
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Monetization channels of the Si14Bet exchange: - Commission from turnover.

Monetization channels of the Si14Bet exchange: - Commission from turnover.
Monetization channels of the Si14Bet exchange: - Commission from turnover. For each winning bet made on the Si14Bet platform, a commission of 1% of the winnings is deducted to us. - Decrease in commission. This option allows the user to reduce the exchange fee to 0.5%, 0.2%, or even 0% through a one-time payment or subscription fee. - Environment for developing robotic systems based on personal user strategies. Each user will be able to order and automate their unique strategies, thus freeing up their free time and increasing their income. - Sale of connections via API. The Si14Bet exchange offers the opportunity to set up a betting company or to provide access to liquidity and Si14Bet data to existing Bookmakers by connecting via API. - Asset Management. The ratings and statistics of the most successful players will be publicly available, so that each user will have the opportunity to bid both independently and to transfer capital to the management of professional players, separating the reward from the winnings. - Opening a representative office. Follow our news and join in the success story. For more information, please visit https://Si14bet.io #Si14 #betfair #bet365 #Si14Bet #oods #livebetting #soccerbetting #bettingtip #soccerbetting #bookies #bettingexchange #rich #bookmaker #sportsgambling #rich #bookmaker #sportsgambling #millionaire #billionaire #makemoney #moneyonline #bettingexchang #bettingexperts #onlinesport #onlinesport #casino
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Freedom with Si14 Betting exchange.

Freedom with Si14 Betting exchange.
Freedom with Si14 Betting exchange. Dear Friends and potential Investors! We are happy to answer frequently asked questions: - What does the Si14 Betting exchange earn on? Our company earns on commission from a deal, which is 1% from a winning bet between platform participants. The planned turnover of the company (by preliminary requests) is more than 200 million dollars per month. - What licenses will Si14 AG have? We are in the process of opening licenses in Malta, Curacao, and the Russian Federation. Our legal department is actively licensing and will further expand our presence in the regulated markets (including England and Australia) once the Si14 AG platform is officially launched. Si14 Betting exchange is a P2P platform that allows you to feel free to bet on sports events. Our users do not experience the pain of the industry. Only a transparent betting exchange will be able to regulate the market and make the industry transparent. ATTENTION OF INVESTORS - the closing of the first investment round ends on 01.10.2020. Follow our news and join in the success story. For more information, please visit https://Si14bet.io #Si14 #betfair #bet365 #Si14Bet #oods #livebetting #soccerbetting #bettingtip #soccerbetting #bookies #bettingexchange #bookies #bettingexchange #livebetting #oods #rich #bookmaker #sportsgambling #rich #bookmaker #sportsgambling #millionaire #billionaire #makemoney #moneyonline #bettingexchang #bettingexperts #onlinesport #onlinesport #casino
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Win with Si14.

Win with Si14.
Win with Si14. Preliminary sales forecast The pre-registered user base of 300,000 people (including bookmaker liquidity). The community of 490.000 people. Preliminary daily turnover of Si14Bet after the launch of the platform - 5 million USD per day. Subscription to the strategy development and automation environment is over 11,000 people. Development Strategy The platform development strategy is based on marketing and user value. The weighted average price per user, which makes an annual turnover of 115.000 USD for sports events, is 120 USD. We invite future partners, who have their own betting community. https://si14bet.io #Si14 #betfair #bet365 #Si14Bet #oods #livebetting #soccerbetting #bettingtip #soccerbetting #bookies #bettingexchange #bookies #bettingexchange #livebetting #oods #rich #bookmaker #sportsgambling #rich #bookmaker #sportsgambling #millionaire #billionaire #makemoney #moneyonline #bettingexchang #bettingexperts #onlinesport #onlinesport #casino
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Each user is valuable to us.

Each user is valuable to us.
Each user is valuable to us. Si14 has no triggers to recognize users. After passing KYC for Si14Bet you have the same rights. We do not rank platform users according to deposit amounts or exchange turnover. Si14Bet is a fair exchange where every participant, regardless of deposit, has equal rights among users. We value every one of our customers. Join the success story of the Si14 exchange. https://si14bet.io #Si14 #betfair #bet365 #Si14Bet #oods #livebetting #soccerbetting #bettingtip #soccerbetting #bookies #bettingexchange #bookies #bettingexchange #livebetting #oods #rich #bookmaker #sportsgambling #rich #bookmaker #sportsgambling #millionaire #billionaire #makemoney #moneyonline #bettingexchang #bettingexperts #onlinesport #onlinesport #casino
https://preview.redd.it/xcwohpfrb2551.png?width=1182&format=png&auto=webp&s=52358984e73b8438290d997c4db1f14bb35b5860
submitted by Si14Bet to u/Si14Bet [link] [comments]

Partnership with Si14.

Partnership with Si14.
https://preview.redd.it/zyzscgtiqi151.png?width=1200&format=png&auto=webp&s=95bad2fbfffec7284968362a0317d96943dc9ce8
Partnership with Si14. Dear friends. Our company invites partners to attract new users to the exchange Si14Bet. If you have experience in the industry of gambling, as well as user base and methods of attracting - welcome. You can find detailed terms of partnership on our website, as well as ask the project manager u/BettingIrving (telegram) a personal question.
Sales Plan:
* 1 exchange user costs 128 USD * Weighted average monthly user makes a turnover of 5000 USD on the exchange according to the statistics of gambling. https://si14bet.io #Si14 #betfair #bet365 #Si14Bet #oods #livebetting #soccerbetting #bettingtip #soccerbetting #bookies #bettingexchange #bookies #bettingexchange #livebetting #oods #rich #bookmaker #sportsgambling #rich #bookmaker #sportsgambling #millionaire #billionaire #makemoney #moneyonline #bettingexchang #bettingexperts #onlinesport #onlinesport #casino
submitted by Si14Bet to u/Si14Bet [link] [comments]

Monetization Si14 has developed a step-by-step guide to the interaction between your company and your future betting exchange office: Si14 pays 0.2% of the turnover of winning users in your country.

Monetization Si14 has developed a step-by-step guide to the interaction between your company and your future betting exchange office: Si14 pays 0.2% of the turnover of winning users in your country.
Monetization Si14 has developed a step-by-step guide to the interaction between your company and your future betting exchange office: Si14 pays 0.2% of the turnover of winning users in your country. Suppose that you have been granted exclusive rights to represent the platform in Costa Rica. All users who are in your country and register on the Si14Bet platform will be under your structure. Your future office has from these users 0.2% of the turnover of the winning users. In the language of numbers it looks like this: Costa Rica has potential users today - 90,000 people. If you count the weighted average betting constant per day, the daily turnover will be at least $ 900,000 per day. The turnover of the office will be 900.000 dollars / 2 (number of wins and losses) * 0.02% (profit representation) = 9.000 dollars per day. https://si14bet.io #si14 #betfair #bettingsports #onlinebetting #bet365 #bookmakers #bookies #soccerbetting #si14_bet #bettors #coinmarketcap #bookmaker #bestservice #investment #investing #gambling #bettingexchange #betting #si14bet #casino #sportbookies #bettingtip #bettingonline #livebetting #bettingfootball #oods
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Solution Si14Bet is ready to change the situation in the market and eliminate the existing problems. Players will get full transparency, gaining full control over their bets. The created product has no analogs in the world market of bookmaker services.

Solution Si14Bet is ready to change the situation in the market and eliminate the existing problems. Players will get full transparency, gaining full control over their bets. The created product has no analogs in the world market of bookmaker services.
Solution Si14Bet is ready to change the situation in the market and eliminate the existing problems. Players will get full transparency, gaining full control over their bets. Si14Bet allows becoming strong in the international betting market and in the future to take the lead due to the quality of the service and financial company model. Unique trade offer in the betting market: - Si14Bet does not cut odds - Si14Bet makes payouts according to the gain - Si14Bet verifies a client once (no verification) - Si14Bet does not block accounts for unclear reasons - Si14Bet does not require turnover to withdraw funds - Si14Bet does not delay client withdrawals - Si14Bet does not sanction unwanted players - Si14Bet allows “arbitration" and “forks” and position hedging The created product has no analogs in the world market of bookmaker services. The system works as P2P, which eliminates difficulties with calculations by our users.
The hybrid financial interaction model allows our clients to have minimum fees of 1% per gain. Our company implements an environment for creating personal robots and mechanized trading systems for automatic bets according to your personal strategy. Presently there are plenty of strategies that require constant market surveillance. You have a unique opportunity to work mechanically. You only need to set the algorithm and compile the robot. The market of odds is formed by users. Lack of external factors for bet market formation. https://si14bet.io #si14 #betfair #bettingsports #onlinebetting #bet365 #bookmakers #bookies #soccerbetting #si14_bet #bettors #coinmarketcap #bookmaker #bestservice #investment #investing #gambling #bettingexchange #betting #si14bet #casino #sportbookies #bettingtip #bettingonline #livebetting #bettingfootball #oods

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submitted by Si14Bet to u/Si14Bet [link] [comments]

Si14Bet payments:-Credit / Debit card (Min. deposit: 10$ Processing: Instant fee: 0%) - Alternative methods: PayPal, AdvCash, ePayments, Skrill, Perfect Money, Webmoney, Yandex Money, QIWI. It is planned to open more than 17 payment systems. (Min. deposit: 10$ Processing: Instantaneous fee: from 1%)

Si14Bet payments:-Credit / Debit card (Min. deposit: 10$ Processing: Instant fee: 0%) - Alternative methods: PayPal, AdvCash, ePayments, Skrill, Perfect Money, Webmoney, Yandex Money, QIWI. It is planned to open more than 17 payment systems. (Min. deposit: 10$ Processing: Instantaneous fee: from 1%)
Si14Bet payment systems.Within the framework of agreements with banks - our company will be able to replenish deposits in the following ways:-Credit / Debit card (Min. deposit: 10$ Processing: Instant fee: 0%)- Alternative methods: PayPal, AdvCash, ePayments, Skrill, Perfect Money, Webmoney, Yandex Money, QIWI. It is planned to open more than 17 payment systems. (Min. deposit: 10$ Processing: Instantaneous fee: from 1%).Our exchange is a self-regulating company and users will have a long-awaited opportunity to withdraw to debit and credit cards when entering from any payment system. The main condition of these transactions is the full authorization of users.
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Si14Bet platform does not require a mandatory turnover on the exchange. If users have entered funds, they can withdraw them freely by any means. We always go to meet our users and make work with our platform truly convenient.https://si14bet.io#si14 #betfair #bettingsports #onlinebetting #bet365 #bookmakers #bookies #soccerbetting #si14_bet #bettors #coinmarketcap #bookmaker #bestservice #investment #investing #gambling #bettingexchange #betting #si14bet #casino #sportbookies #bettingtip #bettingonline #livebetting #bettingfootball #oods
submitted by Si14Bet to u/Si14Bet [link] [comments]

The Si14 token compliance was carried out in accordance with the legislation for securities, exchange and investment activities, off-exchange trade.

The Si14 token compliance was carried out in accordance with the legislation for securities, exchange and investment activities, off-exchange trade.
The Si14 token compliance was carried out in accordance with the legislation for securities, exchange and investment activities, off-exchange trade. It is important to understand that token is used as a tool to reduce the commission of the Si14Bet exchange. When we conducted a detailed decomposition and analysis of all online Si14 business processes, we were unable to detect and identify any process that can be regarded as a relationship between an investor and an Issuer of securities. On the other hand, if we aim to register the issue of securities, we will not be able to prove to the regulator body that tokens are securities. In our opinion, the expertise of Si14 token under securities legislation cannot be applied to Si14 due to the following: - all business processes and relationships between platform users are traditional exchange trading relationships at sporting events. There is no contribution to each other business venture. Nowadays, the matters of cryptocurrency turnover and the production of digital assets have not special legal regulation. There are neither special laws nor separate legal Institutes or branches of law. Therefore, we cannot qualify a token as a «unique legal essence». https://si14bet.io #si14 #betfair #bettingsports #onlinebetting #bet365 #bookmakers #bookies #soccerbetting #si14_bet #bettors #coinmarketcap #bookmaker #bestservice #investment #investing #gambling #bettingexchange #betting #si14bet #casino #sportbookies #bettingtip #bettingonline #livebetting #bettingfootball #oods
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Sale or growth. Our company is often approached to buy a controlling stake in the company and there is always a choice whether to go for the deal or not.

Sale or growth. Our company is often approached to buy a controlling stake in the company and there is always a choice whether to go for the deal or not.
Sale or growth.
https://preview.redd.it/0zomedz603l41.jpg?width=840&format=pjpg&auto=webp&s=1c3adc0baf65e6f903bbbdbd51e153312f021ae9
Our company is often approached to buy a controlling stake in the company and there is always a choice whether to go for the deal or not. When we find out who is planning to buy us, we find out that these are mostly the leaders of the betting market (for most of Europe). At this stage, we conclude that this acquisition is an unfriendly takeover of the company for our future partners and further removal from the market.
Si14 is planning an IPO in 2021, which is a turning point in the history of the company. By that time, we plan to have more than 300,000 platform users in turnover. We have signed memoranda of cooperation in emerging markets, such as: - Africa - Brazil - Costa Rica
Our services have innovations and are interesting for the market and professional industry players. Join our community and keep an eye on our development! We have many surprises for you. https://si14bet.io #si14 #betfair #betfair #bettingsports #onlinebetting #bet365 #bookmakers #bookies #soccerbetting #si14_bet #bettors #coinmarketcap #bookmaker #bestservice #investment #investing #gambling #bettingexchange #betting #si14bet #casino #sportbookies #bettingtip #bettingonline #livebetting #bettingfootball #oods
submitted by Si14Bet to u/Si14Bet [link] [comments]

What's the investor's benefit? 1)After the ICO - on the funds received will be purchased Eurobonds. The planned fundraising is 19.2 million USD. 2)Si14Bet platform has more than 10000users.3)The platform has a number of services for its innovative products, which will be are in demand by the market

What's the investor's benefit? 1)After the ICO - on the funds received will be purchased Eurobonds. The planned fundraising is 19.2 million USD. 2)Si14Bet platform has more than 10000users.3)The platform has a number of services for its innovative products, which will be are in demand by the market
What's the investor's benefit? 1) After the ICO - on the funds received will be purchased Eurobonds, which automatically participate in the distribution of shares. The planned fundraising is 19.2 million USD. 2) Si14Bet platform has more than 10.000 users, who afterward the implementation and launch of the program will start on our platform. The simulated daily turnover of the company after the launch of the platform will be over 5 million USD at the launch stage. 3) The platform has a number of services for its innovative products, which will be are in demand by the market. https://si14bet.io/ #si14 #betfair #betfair #onlinesport #bettingsports #onlinebetting #bet365 #bookmakers #bookies #soccerbetting #si14_bet #bettors #coinmarketcap #bookmaker #baseball #winner #sport #bettingexperts #arbitrage #football #soccer #trader #profit #cash #tennis #trading #exchange #basketball #hockey #invest #investor #trade #cyberport #cashout #ico #ico #bestservice #money #investment #investing #gambling #bettingexchange #betting #si14bet #casino #sportbookies #bettingtip #bettingonline #livebetting #bettingfootball #oods
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submitted by Si14Bet to u/Si14Bet [link] [comments]

Sports betting is very popular in our country at the moment. More people should understand how crooked bookmaking is and how morally questionable bookmakers are.

bet365 have a £20 Billion turnover with £213.8 million profit they're the biggest sports betting company in the world.
Allow me to explain how sports betting companies like them make so much damn money, and why I believe it's an immoral system, which exploits human nature and punishes it.
How bookmaking works:
Sports betting is the act of placing bets on markets in sport such as football or horse racing, where the odds are set by bookmakers. These odds are based on the mathematical likelihood of events occurring - except that a significant portion of the probability is kept in favour of the bookies, to ensure profits regardless of outcome. For example:
Two identical football teams play in fair and unbiased playing conditions going to penalties in the event of a draw. Each team to win should have odds of 1/1 (even money) so 50% probability.
However a betting company would supply odds of 5/6 in this situation, with 5/6 being a ratio of money won: to money put on.
In this example probability likelihood is proportional to money spent vs. money put on, so as a probability it would be 5 out of 11 parts so 45% likelihood.
You can see straight away that the betting company is therefore making 10% profit for themselves in any eventuality.
That's just football, in horse racing bookmakers can make gross profit of up to 90% because the more participants in a competition the easier it is to disguise the trick of odds setting, and make it seem like probabilities of events occurring when in fact the only certainty is the old adage "the bookmaker always wins."
These markets then change based upon what punters back, the odds go in or out for each selection, but the bookmaker's slice of the pie is always maintained.
Why is this bad?
Obviously it's bad because it's addictive but we'll get on to that. It's bad on more mechanical terms because it's a very well disguised trick, and one that punters hardly ever truly understand the dangers of. The more times you play into a crooked system the less likely you are to succeed, for all your sporting know-how and for all your early successes the system will nearly always catch up with you. You see your friends facebook statuses talking about their big accumulator? Well the betting company sees their account history and it's heavily in the red.
It's also highly addictive, the punter savours the wins, and feels intoxicated with the idea that they know more about it than your averge betting Joe. They're wrong. Your average power-bettor is a clever middle aged man who thinks he knows more than the other million clever middle aged men. They can't all be right can they? No, is the answer, however those early successes that they bragged about to their friends, they chase the magic dragon trying to recapture that early glory so they can finally quit for the month 'up on the bookies' unless they're keeping count, which is very depressing business', they often feel like the last win they had somehow recouped all their losses when in fact it barely scratched the surface. Instant deposit accounts and in-play markets will do that for you. Sorry for staring to heavily generalise but I can't help it.
Why are bookmakers immoral?
They're immoral because not only do they reap the harvest of this glorified carnival trick, they also add insult to injury by carefully and unscrupulously monitoring their customers. The best customers (the heaviest losers) are given bonuses as rewards for their repeated losses, with the heaviest losers being given the biggest rewards, this often comes in literal bonuses on their accounts. The worst customers (those that somehow manage to win in such adverse conditions) are treated with extreme prejudice and when they get to a certain ratio have their accounts analysed, their details monitored and passed to other betting firms. If you somehow win in betting you're a cheat - that's how the betting companies view you, you know things they don't know, you know too much. They restrict the amount you can bet as much as they can without alarming the customer, they'll just see the 'maximum stake' for a bet lower itself dramatically only on their account. In extreme cases they have their accounts closed, however this is a last resort. In the very worst cases and I'm talking Robert De Niro from Casino levels of betting prodigy - they're contacted and offered jobs as traders to ensure the system is kept in favour of the bookies at all costs.
So not only are the odds stacked, the punters themselves are knee capped should they somehow succeed.
Tips:
  • Only bet for fun, never for profit.
  • Only bet what you're prepared to lose.
  • Only seriously bet if you actually know specialist information about the sport you're betting on, not just that you've played Football Manager and have a hunch.
  • Take your friend's wins with a gigantic pinch of salt, as they're not telling you their losses.
  • Accumulators are the worst kind of bets relative to the probabilities involved. They favour the betting companies at a disproportionate rate the more bets you add to your accumulator. The returns of winning do not multiply in a way that offsets this.
  • Singles are the markets betting company's like least as the trick of bookmaking is disguised the least.
The above was obviously a simplification of bookmaking theory, infused with my own opinions. My background was as a Maths graduate working in a betting call centre for two years occasionally hearing grown men have emotional break downs.
Feel free to do your own reading:
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Bet365 reload bonuses?

Just got an email from bet365, and wanted to hear other opinions on this. Basically the offer is a 100% match on any deposit between $50 and $500, but the requirement is a turnover of 25 times the deposit+bet amount in 7 days. It also says in the terms that they can take away any winnings if they suspect minimal risk betting.
This seems like a huge long shot to me, having to wager $2500 to keep a $50 bonus for example. Maybe it would be doable if constantly betting on picks with odds under -1000, but is that considered minimal risk?
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bet365 turnover video

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How To Make Money With Matched Betting BET365 WALKTHROUGH

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