The betscorum.com Sports Betting Exchange went live again today and many tried to get their bets matched on it which is not always easy. Most odds that are available to take can be concidered "scam odds " as people put up ridiculous offers in the hope that someone who is rather uneducated when it comes down to sports betting takes them. This account was created a while back by @costanza in order to provide some basic fair liquidity on the betting exchange.
I made a post about the idea a couple weeks back talking about why betscorum would benefit from people acting as the bookmaker on the platform. (Read Here)
The idea of a 0% fee exchange is great but in order to be able to take these kind of odds compared to the normal betting marktes you first need to find someone who is on the other side willing to take your bet offer. This can be a huge challenge even when offering the highest odds on the market on the other side because there are still only a limited amount of users on Betscorum. Taking up what is offered right now will most of the time leave you with worse odds than most 1X2 bookies who charge huge amounts of juice.
In order to help solve this issue we created the #match-my-bet channel on the SBC Discord Server. The main idea is that nobody has to take odds on betscorum that are worse compared to what Pinnaclesports are offering (They are market leaders when it comes down to low juice odds and have a very fair business model.) So if you want a specific bet and can't get it matched on the exchange you can always request the same odds pinnacle is offering and we will see if we can match those for you regardless the type of bet you want.
Bets are not 0% Fees...
Before someone starts shouting that the offered odds are not 0% fees and unfair. The main purpose for this account is not to make as much SCR as possible, but to provide a fair deal and hopefully for the account funds not to get slaughtered and if possible make even a small profit. Every kind of bet can be requested and offering those with 2.00-2.00 odds instead of the 1.952-1.952 odds pinnacle are giving would be like playing poker with 1 side always being in position. The deal is that the one who requests a bet gets to be "in position" at a fair price (the low juice odds pinnacle offer). These odds tend to be set quite sharp but they are definitely beatable.
So if you want to take a bet and can not find anyone that will take up your offer or if you simply don't want to wait hoping someone will take it, feel free to drop by the #match-my-bet channel. Whenever @Scorum Bookie#1260 is online it should be possible to request the bets you want and get them quickly accepted at pinnacle odds. I'm hoping more will join me in providing some more liquidity in this channel or on betscorum since the reach of what I am able to provide is limited. I know @btb is also willing to help out with this.
This account that will be used exclusively for this started with 5000 SCR in it (5000 SCR more is still in he exchange) Minimum bet requests will be around 10 SCR and Maximum bets I'm willing to accept right now are around 100 SCR since I need to make sure to balance my books in order to survive the huge amount of variance this inevitably will bring along. The next couple weeks will mostly be seen as a test to see if it is all viable and if there is enough demand for something like this and there is.
I will also be putting up Pinnacle odds on some of the matches that are about to start and on the matches on top with most activity so people who visit betscorum for the first time will see there are actual available bets at decent odds. I do not plan to make a lot of posts with this account but might do a weekly or monthly recap including all the provided liquidity to the exchange with the actual results in a very transparent way.
Scorum Bookie Results So Far...
The ones who took the offered pinnacle odds managed to beat the Scorum Bookie account on both days it provided some liquidity to the exchange. While it is not the intention to ban or limit winning players, adjustments might be made in order to keep things going and provide liquidity to betscorum. I've heard that the scorum team are working on a bot that automatically offers pinnacle odds which would be great news. There is nothing official yet though.
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Date: 24/11/2018
Bets Provided: 14
Liquidity Provided: 745.205 SCR
Account Result: -36.68 SCR LOST
ROI: -4.92%
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Date: 13/12/2018
Bets Provided: 22
Liquidity Provided: 651.15 SCR
Account Result: -49,13 SCR LOST
ROI: -7.55%
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Pending Balance: 22.50 SCR
Account Balance: 4891.651 SCR
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Total Balance: 4914.151 SCR
Total Result: -85.849 SCR LOST
Places where you can find the Pinnacle odds
- Pinnaclesports Website
- Betexplorer
- Oddsportal
- ...
Feel free to leave some Feedback and Suggestions in the comments below...
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