Betting Insider

Frequently Asked Questions - Betting Insider

Betting Insider is a social network for gamblers, where tips are published by hundreds (soon, thousands) of players. Bet tips are handily organized for each football match (other sports will be added soon). You can like and comment on each bet.

Betting Insider is the easiest way to get football predictions for free. Also, Betting Insider gives you an opportunity to make a name for yourself as a tipster. Soon, we’ll provide top performing tipsters an option to sell their betting tips.

Download our apps in AppStore and Google Play and bookmark our website www.betting.team!

Frequently Asked Questions

Registration

Placing bets

Calculation of rates

Bet settlement

Balance

ROI

Settings

Plans and development

Registration

Why do I need to register?

You must be registered to use all of the features of Betting Insider. Registration in Betting Insider will allow you to place bets, share your predictions, subscribe on tipsters, hang out in chats and comments, as well as participate in betting competitions.

Your account will be working in our Android and iOS apps as well as on betting.team.

How do I register with Betting Insider?

The registration is as simple as possible: click "Sign in" on betting.team, then select"Sign up". To validate your registration, you need to confirm your email.


You can also log in Betting Insider using via Facebook, Google+ or VK.

In mobile apps, registration is available in the profile menu.


Placing bets

How to bet?

To place a bet, go to the match center, select the match and choose the odds.

You can add a text description to each bet. The predictions with detailed descriptions are collected at the main page of the website.


Placing bets is available only after you have confirmed your e-mail.

How to bet on real money?

Betting Insider app allows you to bet only on virtual currency. We do not provide betting on real money.

How many bets can be placed on one match?

You can make no more than 3 bets on one outcome (total over/under, asian handicap and so on).

Will you add new sports?

The Betting Insider team is working on expanding the lines and adding new sports. Now we accept bets only on the main outcomes of football matches (result, total, BTTS).

What bookie provide odds?

We integrate the odds of Marathonbet. All odds are relevant at the time of the bet.


Bet settlement

How long does it take to calculate bets?

We will strive to get your bet settled immediately after the event has finished, but please bear with us at busy times and allow up to 48 hours for your winnings to be in your account.

The match ended 1:1! Why is my over 1.5 goals bet lost?

Bets on football matches (including cup matches) are accepted on regular time (90 minutes of play consisting of two halves of 45 minutes each plus injury time). Extra time and penalty shootouts will not count.

For example, if a bet was placed on over 1.5 goals and the second goal was scored at 97 min of extra time, the bet will be settled as lost.

What if my bet was settled incorrectly?

Our support team is at your disposal: support[a]betting.team

Balance

What is my account currency?

It is the virtual currency of Betting Insider.

How do I withdraw funds from my account?

It is impossible. Betting Insider is a virtual bookmaker. You can not make a deposit or withdraw money.

How to top up my balance?

We will show you a pop-up in Android/iOS app if your balance is less than 1000 coins. You will be offered 5000 free extra coins.


To pop-up coins from betting.team website, click the green icon near the avatar.

My balance is less than 1000 coins, but I still can't pop-up my balance

All bets shall be settled. After that, you can top up your balance.


ROI

What is ROI?

Return on investment (ROI) is a performance measure used to evaluate the efficiency of a tipster. To calculate your ROI, you need to divide the return (net profit) by the resources that were committed (starting bankroll).

For example, you have a starting bankroll of 5000 coins and after 3 bets you have 5500 coins after taking a bet of 1000 coins in each bet. Your ROI would be:

(5500 - 5000) / 1000*3 = 16,6%

My ROI is incorrect!

We slightly changed the ROI formula to pessimize users who made a small number of bets.

Our ROI formula is:

ROI= ((a-b)*100.0/b) *(exp(2.0*n/x)-1)*1.0/(exp (2.0*n/x)+1),

n – number of bets,

x – coefficient for the given time period,

a – amount of virtual currency won,

b – amount of virtual currency for the specified time period.

x-factor is different for different time intervals:

  • for all-time rating: 150
  • for monthly rating: 50
  • for weekly rating: 15

Why did you change the formula?

This formula gives a greater advantage to those who show good results at a long distance.

I made 18 bets but you've counted only 6 of them!

Multiple bets on the same outcome (for example, Real over 3.5 goals at 1.80, 2.10 and 3.00) are calculated as one big bet.


Settings

How can I change language in Betting Insider?

The Betting Insider app uses the default language of your smartphone. You can change it in the settings menu.


Change of language on bettting.team website is availiable in the footer of a page.

How can I change notifications in Betting Insider?

To enable / disable push-notifications in Betting Insider, tap on “Notifications” in Settings menu.


Development plans

When will you add bets on the statistics markets?

Adding new markets is listed in our plans, but this task will not be completed in few days.

When will other sports be added?

First, we want to make the perfect service for football fans. Right now we are working on two major updates: advanced statistics and predictions marketplace. After that we will integrate other sports in Betting Insider.

What about user statistics? Are you planning to update it?

Yes, we will add detailed data in our next major update. You will be able to choose only prematch/live stats and build weekly ROI charts

If you have any questions please do not hesitate to contact us via email: support[a]betting.team

Comments
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Newest first
Greetings admins, I am kindly requesting you to help me settle my tip of Peralada vs Valencia B both teams to score yes which played yesterday.
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more games and leagues should be included daily. some games are to be play today but is not included in the league. e.g United Arab Emirates league is not included today and they have match to play today
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mancity vs Liverpool
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Hi Betting team I have a complaint,I played Italy serie C game Virtus vs Pordenone and I gave the away team and it actually won how come the results show that I have lost.please clarify.
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Hi there! I’m admin of Betting Insider. Please, tell me about your experience of using our service. What don’t you like here? What features would you like to be added?
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