Honest Joe betting exchange

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Derek27
Posts: 23471
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Naffman wrote:
Sat Jun 29, 2019 6:59 pm
Jesus just seen someone point out that if there is a non-runner then all bets will be void :P

More like Stupid Joe
At least they won't have many bets to void. ;)
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Dallas
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Naffman wrote:
Sat Jun 29, 2019 6:59 pm
Jesus just seen someone point out that if there is a non-runner then all bets will be void :P

More like Stupid Joe
All in all this is a very underfunded and rushed project
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Derek27
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Location: UK

Dallas wrote:
Sun Jun 30, 2019 1:54 pm
Naffman wrote:
Sat Jun 29, 2019 6:59 pm
Jesus just seen someone point out that if there is a non-runner then all bets will be void :P

More like Stupid Joe
All in all this is a very underfunded and rushed project
... by somebody who probably hasn't used an exchange before!
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ilovepizza82
Posts: 490
Joined: Thu Nov 02, 2017 3:41 pm
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Perhaps it wouldnt have been so bad from the very start if he had not implemented so many hidden costs.
He advertises 1% comm and "no hidden costs" and many people were actually looking forward to the openning but then when you go there you see horror things like:

- Deposits: Debit and credit card: 2.5% + £2.50
- Withdrawals: Debit and credit card: £1
:D
Dude...like...seriously ?
The costs might not be that scarry but it does scare people away.
Im surprised he doesnt charge just for using his website. ;)
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Derek27
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Just looked to see if there was any liquidity - a non-runner in the last at Haydock would have voided any matched bets if anyone placed a bet. :lol:
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Derek27
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Have to credit his perseverance, site still going hoping that an order might be placed. ;)
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LeTiss
Posts: 5386
Joined: Fri May 08, 2009 6:04 pm

There doesn't appear to be any money matched anywhere. If you're going to start an exchange, you need the funds to populate markets with your own money, just to give the impression there are people in the markets
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Derek27
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I think paying 2.5% on deposits without any guarantee of getting a bet placed, plus the all bets void on non-runner rule has eliminated any chance of people wasting their time with it!
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Derek27
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It appears Honest Joe is now specialising in horse racing markets and removed all other markets from the exchange, but still no liquidity.
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Derek27
Posts: 23471
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Don't know how long it's been like this but you wouldn't think an unvisited site would need any maintenance. ;)
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Kai
Posts: 6092
Joined: Tue Jan 20, 2015 12:21 pm

Derek27 wrote:
Thu Oct 03, 2019 1:00 am
Image


Except they were never up to begin with :| RIP Honest Joe 2019-2019.
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