BetDEX is a peer‑to‑peer betting exchange that matches users directly, allowing them to set their own odds and stake sizes without a traditional bookmaker margin. By eliminating premium fees and offering real‑time market depth across multiple sports, the platform delivers higher odds and transparent pricing while operating under regulated Irish and Comoros licenses.
Funding
$21M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
9OFFounders
Product
Problem
Traditional sports betting platforms often charge high commissions and offer less favorable odds because they act as the bookmaker, limiting bettors' potential returns.
Solution
BetDEX operates as a betting exchange that matches users directly against each other, allowing participants to set their own odds and stake sizes. By eliminating the bookmaker’s margin, the platform provides users with the best possible odds and removes premium fees typically charged on winnings. The exchange model ensures transparent pricing, with all bets settled through a secure, regulated system. Users can place and manage bets via an intuitive interface that displays real-time market depth and liquidity, enabling informed wagering decisions.
Target Audience
BetDEX targets individual sports bettors and traders who seek higher odds and lower fees, as well as professional gamblers looking for a transparent exchange platform.
Features
- Peer-to-peer matching engine that lets users create and accept bets without a traditional bookmaker spread
- Real-time odds and market depth display for multiple sports, including football, American football, basketball, and tennis
- No premium fees on winnings; only standard transaction costs apply
- Regulated operation under Irish and Comoros licenses ensuring compliance and consumer protection
- Secure betslip management with instant bet confirmation and settlement