Marginless : The First Sports Betting in the Blockchain World
Sports betting has become the fastest growing market segment within gambling worldwide, and now dominates, accounting for nearly half of the total online market. A fifth of sports betting takes place via mobile, and this is expected to reach 45 percent by 2018. Also, a study, which was conducted by ESPN and the Norwalk research firm Markitecture in 2012, found that 50% of all Americans aged 16 and older have placed a bet within 12 month period.
A federally funded national gambling impact study reported in 1999 just as internet sports wagering started to take off - that estimates for the overall amount bet on sports were as high as 380 Billion a year. The study called sports betting “the most widespread and popular form of gambling in America”. According to Technavio media and entertainment research analysts, one of the top trends in the global sports betting market right now is increased availability of other cash alternatives, like cryptocurrency.
Marginless is a betting exchange and a social betting network, where all users can share their betting insights, create their own markets, place bets against their friends or oppositors without being overcharged or simply tricked. Marginless will guarantee quick payouts with industry leading, lowest fees. No more worries about bookmakers adjusting your bets or not paying out your winnings due to hidden rules or/and regulations. Marginless platform works with MRS Utility Tokens only, which means that in the whole betting process, Fiat currency is not used at all. With that, KYC procedure becomes really user-friendly and simple. Platform will also offer a simplified registration and will not centrally store any of your personal data.
“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. At Marginless you can not only bet on sports, but create your own bets in different kind of niches.” - says Marginless CEO Lukas Jonaitis.
Marginless is offering a perfect solution for this well-known problem - using our platform absolutely ANYONE can become a bookmaker and create their own bets that people can wager in. Using our user-friendly interface literally anyone can create their own and unique bets where people can wager.
Marginless betting platform is driven by MRS Utility Tokens, which means that in the whole betting process Fiat currency is not used at all. The use of Tokens and AltCoins as a reward for betting gives you a complete, secure and extremely fast reward payment in Tokens or AltCoins. Marginless tokens and the blockcain lets you confirm payouts immediately and payouts will be processed in a couple of minutes. Our partner’s wallet that will be integrated into platform will let you keep your betting assets in more than 30 different AltCoins. You will have a possibility to deposit or withdraw AltCoins as well.
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More Information About Marginless :
Website : https://www.marginless.io/
Whitepaper : https://www.marginless.io/docs/MRS_Whitepaper.pdf
Facebook : https://www.facebook.com/MarginlessCommunity/
Twitter : https://twitter.com/MarginlessNet
Telegram : https://t.me/Marginless
Author
Name : Muhammad Alpi Syahrin
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1324600
ETH Address :0xa47447E160AA47ceADc6F08E3BE007afaf3f56d7