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  • Profile Type: Super Admin Member
  • Profile Views: 71 views
  • Friends: 2 friends
  • Last Update: Feb 1
  • Last Login: Mon at 10:33 PM
  • Joined: January 19, 2017
  • Member Level: Super Admins

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  • tango is now friends with GalaxyGds.
    Feb 1
  • tango is now friends with HVAC.
    Jan 25
  • tango Welcome to the new smartbet.io website! We are excited to unveil our new and improved platform.

    As pioneers in betting automation since 2016, we understand the challenges associated with maintaining an edge in the betting world. Recognizing the...  more
    Welcome to the new smartbet.io website! We are excited to unveil our new and improved platform.

    As pioneers in betting automation since 2016, we understand the challenges associated with maintaining an edge in the betting world. Recognizing the significance of utilizing cutting-edge technology, we have been creating sophisticated automation tools that assist our users in staying ahead of the curve in an ever-evolving betting industry.

    We are always looking for ways to enhance our platform, and currently, we are focusing on incorporating the following new features:

    -Expanding our automation support to include more bookmakers, including bet365
    -Updates to our market scanner to offer more options for arb/value scanning and broader coverage of books, sports and markets for your autosources.
    -Innovative new features on our website and client application to allow for more efficient management and monitoring of your pick sources, and betting performance.

    We are committed to providing our users with the most advanced betting automation platform in the industry. Keep an eye out for these updates and more in the coming days and weeks!  less
    Jan 24 - edited
    • obas likes this.
  • tango posted a topic in the forum General FAQ:
    Jan 24
    How are source fees calculated?
    Source fees are charges paid by followers to the source owner. The source owner determines the fee structure for each source and keeps 100% of the revenue earned. Fees are calculated as a percentage of the risked stake on each successfully executed order...  moreSource fees are charges paid by followers to the source owner. The source owner determines the fee structure for each source and keeps 100% of the revenue earned. Fees are calculated as a percentage of the risked stake on each successfully executed order that results in a placed bet. The fees are deducted in real time from the follower's smartbet.io balance and credited to the source owner's balance. Examples: 1.00% of stake (minimum 0.10 EUR) When a bet is placed with a stake of 100 EUR, the source owner will receive a fee of 1.00 EUR (1.00% of the stake). Likewise, for a 5 EUR bet, the source owner will receive the minimum fee of 0.10 EUR (as 1.00% of the stake is less than 0.10 EUR).  less
  • tango posted a topic in the forum General FAQ:
    Jan 22
    What do the Profit and ROI with level stakes figures represent?
    Profit with level stakes is the simulated pick source's profit if all picks were placed with a flat stake equal to the average stake. Similarly, ROI with level stakes is the simulated pick source's ROI on the same condition. These two figures help you...  moreProfit with level stakes is the simulated pick source's profit if all picks were placed with a flat stake equal to the average stake. Similarly, ROI with level stakes is the simulated pick source's ROI on the same condition. These two figures help you assess the impact of variable staking on a source's profitability.  
  • tango posted a topic in the forum General FAQ:
    Jan 22
    What do the Profit and ROI without slippage figures represent?
    Slippage refers to the difference between the originally quoted pick odds and the actual odds at which the bet is placed. Profit without slippage is the profit that would have been made if the quoted odds for all bets were taken. Similarly, ROI without...  moreSlippage refers to the difference between the originally quoted pick odds and the actual odds at which the bet is placed. Profit without slippage is the profit that would have been made if the quoted odds for all bets were taken. Similarly, ROI without slippage is the return on investment that would have been achieved if all bets were placed with the originally quoted odds. Comparing these figures to your actual profit and ROI can give you an understanding of the impact of odds availability on your profitability and allow you to assess what is realistically achievable by following a pick source. It also helps you understand the impact of market liquidity and dropping odds on your performance so that you can adjust your strategy accordingly.  less
  • tango posted a topic in the forum Questions:
    Jan 22
    Getting help
    We've put together a detailed list of answers to common questions in the "Answers to Frequently Asked Questions" section of our Forums. Use the present forum to ask any questions regarding smartbet.io that are not addressed in our FAQ or anything else...  moreWe've put together a detailed list of answers to common questions in the "Answers to Frequently Asked Questions" section of our Forums. Use the present forum to ask any questions regarding smartbet.io that are not addressed in our FAQ or anything else you need clarification on.For technical issues and support, please reach out to our customer support team through the chat feature located at the bottom right corner of this page.  
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Forum Posts

  • tango
    • 4 posts
    Posted in the topic How are source fees calculated? in the forum General FAQ
    January 24, 2023 12:32 PM GMT

    Source fees are charges paid by followers to the source owner. The source owner determines the fee structure for each source and keeps 100% of the revenue earned.

    Fees are calculated as a percentage of the risked stake on each successfully executed order that results in a placed bet.

    The fees are deducted in real time from the follower's smartbet.io balance and credited to the source owner's balance.

    Examples:

    1.00% of stake (minimum 0.10 EUR)
    When a bet is placed with a stake of 100 EUR, the source owner will receive a fee of 1.00 EUR (1.00% of the stake). Likewise, for a 5 EUR bet, the source owner will receive the minimum fee of 0.10 EUR (as 1.00% of the stake is less than 0.10 EUR).


  • tango
    • 4 posts
    Posted in the topic What do the Profit and ROI with level stakes figures represent? in the forum General FAQ
    January 22, 2023 11:00 AM GMT

    Profit with level stakes is the simulated pick source's profit if all picks were placed with a flat stake equal to the average stake.

    Similarly, ROI with level stakes is the simulated pick source's ROI on the same condition.

    These two figures help you assess the impact of variable staking on a source's profitability.

  • tango
    • 4 posts
    Posted in the topic What do the Profit and ROI without slippage figures represent? in the forum General FAQ
    January 22, 2023 10:59 AM GMT

    Slippage refers to the difference between the originally quoted pick odds and the actual odds at which the bet is placed.

    Profit without slippage is the profit that would have been made if the quoted odds for all bets were taken. Similarly, ROI without slippage is the return on investment that would have been achieved if all bets were placed with the originally quoted odds.

    Comparing these figures to your actual profit and ROI can give you an understanding of the impact of odds availability on your profitability and allow you to assess what is realistically achievable by following a pick source. It also helps you understand the impact of market liquidity and dropping odds on your performance so that you can adjust your strategy accordingly.

    This post was edited by tango at January 22, 2023 10:59 AM GMT
  • tango
    • 4 posts
    Posted in the topic Getting help in the forum Questions
    January 22, 2023 3:50 AM GMT

    We've put together a detailed list of answers to common questions in the "Answers to Frequently Asked Questions" section of our Forums. Use the present forum to ask any questions regarding smartbet.io that are not addressed in our FAQ or anything else you need clarification on.

    For technical issues and support, please reach out to our customer support team through the chat feature located at the bottom right corner of this page.

    This post was edited by tango at January 22, 2023 3:50 AM GMT
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