Marginless — How we differ from others?
In 2016, the idea for Marginless was born. Our PRE-ICO round has just started where people, placing their trust in us, believe that we can deliver the system and technology to change the way the entire betting market is organized. Even more impressively, it seems the community even shared our goal of building a better and more decentralized betting environment on top of this already ambitious goal with their constant support on our social media pages, constant comments and suggestions. Thus our focus is on delivering our promises and the sustainable business model that would surround it. With this article we would like to cover some main aspects and ideas of Marginless and why we are different from others.
One of the biggest problems that current bettors face are unfair odds. This is one of the main and leading fears of bettors worldwide — regularly losing against bettors while also being regulated, charged and/or extra taxed by governments. This forces regular sportsbooks to charge up to 8.5% margin on all placed bets. We, at Marginless, believe that unfair odds and big margins are not the way to create and welcome users to the betting world and that is the first thing where we differ from others — due to the fact that Marginless is operating as a peer-to-peer betting operator and does not require huge risk management or a full team of traders, bettors will have a possibility to place bets with an industry leading 1% that will be charged from those who won only!
Most of the time bookmakers leave possibilities to change your betting selections, void your winning bets or decline your payouts. This is very popular in Arabic and European countries where well-known bookmakers are regularly not paying out their bettors winnings due to some non-existant errors. Marginless is here to fix that. No more worries about the bookmakers not paying out your winnings. Marginless offers the users to bet on events and celebrate winnings exactly after the finish of the event you have wagered on. All of your betting information will be stored in the blockchain which will allow its users to keep track of their betting history, review previous bets and find new ways to improve your betting results with our analyst tools.
Most of the time bookmakers from different betting organizations offer wagering options strictly in sports, that way forgetting other popular niches that people have a big interest in. The lack for different types of betting options creates a certain barrier that makes betting interesting for a limited sphere of people. Marginless believes that everyone should have a go and offers a possibility for ANYONE to become a bookmaker and create their own bets on which people can wager. For example, such niches like political elections, cryptocurrency price changes, different cultural events, eSports matches and much more… Your imagination is the only barrier that could stop you here, so feel free to create your bets and offer people a wider range of selection! Becoming a bookmaker has never been so easy! All you need to do is choose your markets from provided list or even create unique ones, select market rules where needed (inclusion/exclusion of overtimes etc.), choose between riskier or safer plans by selecting your starting margins and you are good to go! Marginless platform will provide full events and a Hybdrid Oracle integration, risk-management and accounting services that are needed for the full system usability. All of this while charging only up to 5% (subject to change) of monthly gross profit in MRS from profitable betting pages. Whilst a lot of bettors have the dream of becoming a bookmaker one day — currently this dream is reachable only for very few due to platform building and maintenance costs. Marginless is here to change that!
Face to Face betting was one of the main ideas at Marginless from the start. A specific and a unique feature which is not available on any other ICO and which allows two clashing users with different opinions to bet directly against each other. How does it work? You can send a bet offer to another user with a few simple clicks and after the bet was accepted by your opponent, placed bets will be locked using contracts and both of you will be placed into a Face to Face betting interface. In this interface you will be able to chat with each other by using our unique, betting related chat system. You can also offer your opponent to increase the stake or split the pot at any given time. After the event is finished, Marginless platform and the blockchain will ensure that the winner would receive his winnings instantly.
Today we presented four points of why you should choose Marginless and how we differ from other similar projects. We hope that you like our articles and we really appreciate your constant feedback. We love reading your comments and messages. Only with your suggestions we can make Marginless great. Big news are coming soon, so stay tuned!
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▪️ Reddit: https://reddit.com/r/MarginlessNetwork
▪️ Telegram: https://t.me/marginless
