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 is revolutionizing the betting industry. Bet against anyone, anywhere and anytime, using our unique Face to Face betting interface. Create your own, unique, betting markets and at the same time get industry-low 1% commission.
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. 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.
The main difference between Marginless and other betting platforms
There are several Marginless advantages over regular betting platforms. First of all - is the first betting exchange powered by blockchain. Secondly, using our platform absolutely ANYONE can become a bookmaker and create their own markets that people can wager in. Please check our whitepaper for more detailed comparison with different betting platforms.
Problem 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.
Solutions 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 traders team, bettors will have a possibility to place bets with an industry leading 1% that will be charged from those who won only !
For example, Golden State Warriors are playing against Cleveland Cavaliers. Player A places a bet of 100 MRS on Golden State Warriors for their win at the odds of 2.00 and the bettor is being matched against a Player B, who is betting 100 MRS on Cleveland Cavaliers at the odds of 2.00. Whichever team wins, the winner gets 198 MRS in return.
About Tokens Marginless
All rounds start at
10.00 AM UTC (+0) -29% 1 MRS = 0.000077 ETH Apr 10 – Apr 11
1 day -25% 1 MRS = 0.000080 ETH Apr 11 – Apr 15
3 days 03 hours 40 minutes 24 seconds -20% 1 MRS = 0.000083 ETH Apr 15 -Apr 30
15 days -10% 1 MRS = 0.000091 ETH Apr 30 – May 14
14 days 0% 1 MRS = 0.0001 ETH May 14 – May 31
17 days SOFT CAP 4 000 ETH HARD CAP 21 000 ETH
Tokens that are not sold during the Crowdsale will be burned automatically by the smart contract.
Why Blockchain?
By using blockchain, cryptocurrency provides the speed and anonymity that have made cryptocurrency ideal for people who want to bet safely and have provided alternative sports gamblers to traditional online books. The transaction speed of cryptocurrency makes using a cryptocurrency exercise book a much safer option for everyone than a traditional sportsbook. You can deposit, bet, withdraw, and refund your money in direct control.
