Betmarkets
Betmarkets is a betting exchange platform that allows users to bet against each other. It facilitates peer-to-peer betting with features like creating betting markets, setting odds, and a built-in wallet.
betting
gambling
exchange
odds
wallet
Betmarkets: Peer-to-Peer Betting Exchange
A betting exchange platform allowing users to bet against each other, with features like market creation, odds setting, and a built-in wallet.
What is Betmarkets?
Betmarkets is an online betting exchange that enables users to bet against one another, rather than betting against a bookmaker. It is built on blockchain technology to facilitate peer-to-peer betting and features no bookmaker commission fees.
Some key features of Betmarkets include:
- Betting exchange platform - Users can play the role of bookmaker by creating betting markets and setting their own odds.
- Peer-to-peer betting - The platform matches backers and layers directly for bet settlement without an intermediary bookmaker.
- Built-in crypto wallet - The platform has a native BMR crypto token used to place bets. Users can deposit, hold and withdraw winnings from the wallet.
- Lower commission fees - Without a traditional bookmaker, Betmarkets charges lower fees on winnings compared to most betting sites.
- Decentralized - As a DApp built on blockchain, Betmarkets offers transparency, automation and data integrity via smart contracts.
Betmarkets aims to deliver a next generation betting experience by leveraging blockchain technology. With its betting exchange model and peer-to-peer betting, it provides an open marketplace for online betting.
Betmarkets Features
Features
- Peer-to-peer betting exchange
- Creating and managing betting markets
- Setting odds and odds matching
- Built-in wallet for deposits and withdrawals
- Real-time betting and market data
- Mobile-friendly web application
Pricing
- Subscription-Based
Pros
Allows users to bet against each other directly
Offers more flexible and competitive odds compared to traditional bookmakers
Provides a platform for creating and managing custom betting markets
Integrated wallet simplifies the betting process
Cons
Smaller user base compared to established bookmakers
May have less liquidity in some markets
Requires users to actively manage their own positions and risk
Official Links
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