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If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? - Sports - Nairaland

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If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by Lindner: 12:05am On Nov 11, 2021
So , this is a question and straight to the point.

I was part of a distributed team of Blockchain Engineeres that developed an application and I feared the idea was not validated before development. All we had was just the optimism of the promoters.

This is it..

You placed a bet and you lost, the sports betting company refunds your money instantly. No stories, no bullshit. Guaranteed, everytime. Guaranteed because it's on the blockchain, cannot be manipulated. I know this because I was part of the team.

Now my question to the regular betters...

Would you use such an application?

To the non-betters...

Would you consider betting just because you know your money would always be returned to you even if you loose?

Don't bother about how the winners will be paid or the technicalities.

Note, this is just a personal survey, I'm not acting on behalf of any company. The project is completed and the team has been disbanded. The company is even foreign. I'm just curious.
Re: If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by Juliusmomoh: 12:27am On Nov 11, 2021
Refund my money shocked
I will play

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Re: If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by kennethfranc(m): 8:52pm On Nov 11, 2021
Oga as for me, I will play since I know I will be refunded even if I loose.

But on a second thought, any organization that runs the kind of business usually folds up when they get enough customers

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Re: If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by islamics(m): 10:33am On Nov 13, 2021
Lindner:

.
Saw a startup that does this advertising on Twitter and was wondering how feasible it is in terms of profit.
Op, please I will reach out to you for some clarification.
Re: If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by Lindner: 10:14am On Nov 19, 2021
kennethfranc:
Oga as for me, I will play since I know I will be refunded even if I loose.

But on a second thought, any organization that runs the kind of business usually folds up when they get enough customers

Nah!! Far from it. They'll make a lot of money from you guys but not by running away. In fact, the more users they have, the more money they make.

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Re: If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by Lindner: 10:15am On Nov 19, 2021
islamics:

Saw a startup that does this advertising on Twitter and was wondering how feasible it is in terms of profit.
Op, please I will reach out to you for some clarification.

It's very feasible. At least I've seen it work.
Re: If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by kennethfranc(m): 10:39am On Nov 19, 2021
Lindner:


Nah!! Far from it. They'll make a lot of money from you guys but not by running away. In fact, the more users they have, the more money they make.
Do you mind sharing sir?
Re: If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by Lindner: 12:59pm On Nov 19, 2021
kennethfranc:

Do you mind sharing sir?

I'd love to share more but I signed a non-disclosure agreement which means I can't share beyond what I've already done here.

If they launch, I see many more copy-cat projects replicating the idea.

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Re: If Your Money Is Returned Everytime u Lost A Bet, Would You Use The Betting App? by Sapeleboy911(m): 9:27pm On Dec 20, 2021
Lindner:


Nah!! Far from it. They'll make a lot of money from you guys but not by running away. In fact, the more users they have, the more money they make.

For real? for any bet placed if it is a lost bet, my stake will be refunded instantly? No rollover requirements or market restriction, no cock and bull story or flimsy excuses? Well, not until I read the terms and conditions of such an offer it looks too good to be true. I say so because, even without any promotional offers from bookies arbitrage, and value bettors are milking bookies on daily basis. Betting accounts are being restricted or closed completely every time. A bookie that has such an offer will be ripped apart by both even amateur arbers and value bettors. If you have any link to such a bookie connect me and let's do business together, you get to share in any profit I make.

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