We recently launched https://tru.bet: A peer to peer bitcoin sports bet exchange.
Brief run down of how it works
- [li]Bettor chooses event to bet on[/li]
[li]Bettor decides on what to bet (I.E. team, over/under)[/li]
[li]Bettor sets the spread [/li]
[li]Bettor sets the odds[/li]
[li]Bettor sets the max amount they would like to wager [/li]
There can be multiple takers for someone's bet.
Reasons to use a bet exchange:
- [li]It's peer to peer: no more bookies[/li]
[li]Anonymous: We will never ask for ID[/li]
[li]It's cheaper: We only take 3% of winning bets where traditional books charge 7 - 10% [/li]
[li]Set your own odds: This is a major advantage over traditional sportsbooks and can give you a major edge in many cases[/li]
[li]No betting limits: We will never bar you for winning too much[/li]
[li]It's social: you get to see everyone's username and there is live chat so you can get to know your opponents[/li]
[li]Arbitrage: with a plethora of bets and lines that could be available, this will open the doors to many opportunities for arbitrage[/li]
Just a note that we are giving new players a 0.00012 BTC Welcome Bonus to test it out with.
Good luck and have fun!!
The Tru.Bet team.