Sports betting has a long-lasting history dating back to the Olympic Games which initially took place in Greece. The process combines a desire to win with the passion for sports. This powerful synergy has created a multibillion dollar industry with its opportunities and quirks. Back in the times of Roman Empire betting reached incredible popularity as crowds gambled on the outcomes of gladiators fights as well as many other sporting events.
Though technology has evolved beyond belief, the principles of betting remain exactly as they were thousands of years ago. In the past, it was more common to place bets against another person face to face. This sort of betting was perhaps a bit more intense and fueled some emotional involvement, yet it was alive and generated huge amounts of satisfaction in case of fortunate outcomes. Marginless will bring the good old times where individuals will have an opportunity to place a wager against other people directly on almost any sport or other activity. Friends, colleagues and many other sports lovers will be able to get back the control of their bets and place them against a real person.
Cleverly developed algorithms seem to rule today‘s betting industry, however, the decentralized approach of newly forming blockchain technology based solutions will change the way we live - making financial transactions, buying products and… betting.
One of the biggest problems that current bettors face is unfair odds. This is one of the main reasons why most of regular bettors are struggling to become profitable. The fear of regularly losing against bettors while also being regulated, charged and extra taxed by governments, forces regular sports books to charge up to 8.5% margin on all placed bets. For example, the biggest bookmakers in the world offers odds of 1.83 (on most markets) for selections they see as a coinflip. With these odds the bettor, in order to become or stay profitable, has to win at least 54,64% of bets placed.
Additionally, those bettors, who manage to beat these unfair margins, are being taxed by governments.
At Marginless you can not only bet on sports, but create your own bets in different kind of niches. The whole team at Marginless is ready to introduce the market leading margins along with an incredibly user friendly platform, where all users can share their betting insights, place bets against their friends or oppositors without being overcharged or simply tricked. We really appreciate your support and trust.
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