Marginless - revolutionizing the betting industry

With the use of blockchain, cryptocurrency provides the speed and anonymity that has made cryptocurrency ideal for people looking to wager safely and has given sports gamblers an alternative to traditional online books. The speed of cryptocurrency transactions makes using cryptocurrency sportsbooks a much safer option to everyone than traditional sportsbooks. You can deposit, wager, withdraw, and have your money back in an immediate control.

While using the Blockchain, your transactions are fast and cheap, it will reduce high fees and will also ensure high levels of international liquidity. Blockchain-based system is universal and ideal for any country, so there is no need in modifying the program for every region or in adopting specific payment methods. Use of a decentralized system eliminates the risk of fraud on the part of sportsbooks, the risk for an account getting blocked and problems with withdrawing funds for regular bettors. Also, blockchain highly reduces the costs of the infrastructure. Because of that, more funds can be used for the project’s development,visit here https://www.marginless.io/docs/MRS_Whitepaper.pdf

What is Marginless?

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.

Face to Face betting will work

Face to Face betting is a new type of betting that lets the user to place a bet against his friends or simply other users that have different opinions. Face To Face betting allows 2 clashing users with different opinions to bet on a different outcome against each other directly. You can send a bet offer to other users with a few simple clicks and after the bet has been accepted by another user – placed bets will be locked using Smarts Contracts and both of you will be placed in a Face to Face betting interface.

TOKEN SALE INFORMATION

SOFT   CAP     4.000 ETH

HARD CAPn 21.000 ETH

ROADMAP

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For more information and updates, and development, nothing of interest from team composition, support and technology, interested parties are invited to join the whitelist with the appropriate list contained on its website https://www.marginless.io/

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