Dear AIBET Community,
With only a few days left until the release of the new version, we would like to take this opportunity to update you on the current situation and the upcoming features. We also want to express our gratitude for your continued support.
Introduction
The 2.0 version will require all users to register again. This will help us ensure a smooth transition to the new system.
However, all users who registered until version 1.35 will maintain their active accounts, along with their balances and surebet data.
If you wish to participate in the new version, you will need to register again. This also means creating a new affiliate network.
All major updates will be communicated on the release day, scheduled for Monday, October 28.
Version 1.35
In order to ensure a proper migration, we would like to share some important decisions made by the team, which we believe are necessary to discuss with the community.
1) Removal of Maximum Withdrawal Limit
The maximum withdrawal limit will be removed, giving users more flexibility in managing their funds.
2) Calculation of the Withdrawable Balance
The withdrawable balance will now be calculated as follows:
Withdrawable Balance = Deposits – Withdrawals + Amounts lost on the bookmaker – Winnings from the bot
This formula ensures that each user can withdraw the amount they deposited and the amounts they lost on the bookmaker.
Additionally, it introduces the concept of “Winnings from the Bot” to align with the new logic, which is designed to encourage users to collect their profits from the bookmaker, while using the bot as a cushion to recover lost bets from the bookmaker.
3) Introduction of the “Withdraw Debt” Button
This new feature allows users to receive their withdrawable balance through a gradual and monitored process. Withdrawals will be rolled out over several days for security and logistical reasons. Additionally 100% of all new deposits in version 2.0 will be used to fulfill withdrawals from version 1.35.
Version 2.0
Now let’s take a look at the main features that the new version will introduce:
1) Surebet Wins on the Bot
As mentioned earlier, surebet wins on the bot will only offer a reimbursement of the amount lost on the bookmaker. For example, if a user bets $80 on the bot and $20 on the bookmaker, the bot will return the $80 staked and only pay out the $20 lost on the bookmaker, without the 10% surebet profit.
This new feature encourages users to withdraw their winnings from the bookmaker.
2) Surebet Wins on the Bookmaker
Surebet wins on the bookmaker will continue to offer a 10% profit on the winning bets.
3) Total Cap
The new Total Cap will apply to the volume of all ongoing surebets. This limit is designed to balance the value of each surebet. The cap will be slightly below the average daily betting volume to encourage participation in all available matches.
A balanced distribution of bets across all matches will make the bot even more profitable, improving the user experience.
It is good to remember to place surebets on your favourite matches as early as possible, and to play surebets on other matches if your favourite matches are closed.
4) Active Withdrawals
Withdrawals will always be active, and the formula will be:
Withdrawable Balance = Deposits – Withdrawals + Amounts lost on the bookmaker
This formula ensures that users can withdraw the amounts they deposited and the amounts they lost on the bookmaker.
5) AIBET PowerStake Program
The staking program was originally scheduled for October 15th, but due to the release of version 2.0, it will be postponed. The new date for the staking program activation is October 28, 2024.
More information will be provided on that day.
Users will receive a percentage to withdraw based on their available balance, and not based on the amount of surebets placed, which was previously used for bonus calculations.
6) Surebet History and Other Data
Commands will be implemented to allow users to view the history of their surebets, deposits, withdrawals, and other account data.
This feature is expected to be available in version 1.36, allowing us to verify data accuracy before full implementation.
7) User Experience Improvements
Several improvements have been made to enhance the overall user experience.
Conclusion
We invite all users to read this announcement carefully and provide feedback, suggestions, and critiques to help us evaluate the proposed improvements.
Once again, we thank all our community members for your continuous support.
Sincerely,
The AIBET Revolution Team