1. 06-02-19 09:28 AM #1
    Shev2
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    App to place bets with other players instead of book?

    Yo a few months ago I was high and thinking that there should basically be a Robinhood for sports betting markets and that would allow bettors to get higher payouts and books would obviously see less profits. Like me placing an over bet on the warriors - raptors game total tonight with someone else specifically taking the under so that we both come out at even money or so.

    A guy in my apartment building has his own company developing other apps for the casino industry. I asked him about it in the hall passing by and he said it’s already been developed and just waiting for more legal sports betting in the US for it to be publicly available to us. This was a couple of months ago. I don’t remember what he said it was called.

    Have any of you guys heard of such of a thing? If so, will you use it if available?
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  2. 06-02-19 09:28 AM #2
    jjgold
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    never

    just a gimmick will not work ..market too small

    most NJ books struggling already

    3 have 85% of market
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  3. 06-02-19 09:29 AM #3
    RudyRuetigger
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    never heard of it

    when you invent this, i think you should call it an "exchange"
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  4. 06-02-19 09:31 AM #4
    inmyownzone
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    It would work for sure. Might take a little while to catch on. But that’s something I feel everyone here would use
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  5. 06-02-19 09:49 AM #5
    pinnacle420
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    Sounds like the old days across the street in the “juice free” room
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  6. 06-02-19 10:07 AM #6
    Shev2
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    Quote Originally Posted by RudyRuetigger View Post
    never heard of it

    when you invent this, i think you should call it an "exchange"
    Don't know why I didn't think of this word when I first posted but yeah an exchange. Options contracts in financial markets are basically just bets on the price of stocks and etfs. I don't see how it's not possible to develop basically contracts for sports bets that trade on an exchange.

    Although as I'm thinking about it I'm starting to question the logistics of the exchange and how "traders" will try to make easy profits.
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  7. 06-02-19 10:10 AM #7
    funnyb25
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    Matchbook was ok
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  8. 06-02-19 10:23 AM #8
    RudyRuetigger
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    Quote Originally Posted by Shev2 View Post
    Don't know why I didn't think of this word when I first posted but yeah an exchange. Options contracts in financial markets are basically just bets on the price of stocks and etfs. I don't see how it's not possible to develop basically contracts for sports bets that trade on an exchange.

    Although as I'm thinking about it I'm starting to question the logistics of the exchange and how "traders" will try to make easy profits.
    bro it was a joke

    betting exchanges already exist
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  9. 06-02-19 10:31 AM #9
    swordsandtequila
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  10. 06-02-19 11:06 AM #10
    Shev2
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    Quote Originally Posted by RudyRuetigger View Post
    bro it was a joke

    betting exchanges already exist
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  11. 06-02-19 11:08 AM #11
    JayLA
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    Im down. Ill post up vía paypal
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  12. 06-02-19 11:12 AM #12
    Sam Odom
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    SBR App
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  13. 06-02-19 11:17 AM #13
    jjgold
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    exchanges all busts but betfair

    people want to bet traditional USA, will never ever change
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  14. 06-02-19 03:03 PM #14
    RangeFinder
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    Quote Originally Posted by jjgold View Post
    exchanges all busts but betfair

    people want to bet traditional USA, will never ever change
    jj exchanges will be the future if the U.S legalizes in most states
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