Kipthis offers a betting exchange app that lets users trade bets directly with each other in real time, providing market‑driven odds for in‑play wagering on major sports. The platform matches back and lay bets instantly, offers full market depth, and charges a low commission only on net winnings, enabling bettors to manage risk, lock profits, and react to live game events without bookmaker interference.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional sports betting platforms set fixed odds and act as the counterparty, limiting price competitiveness and preventing bettors from both backing and laying outcomes. This model also restricts real‑time adjustments during live events, reducing flexibility for risk management.
Solution
Kipthis operates a betting exchange that matches users directly, allowing them to place back or lay bets on major sports in real time. Odds are generated by market demand, providing potentially better pricing than fixed‑odds bookmakers. The platform offers instant matching, full market depth, and a cash‑out feature so bettors can enter, adjust, or close positions as a match unfolds. A low commission is applied only to net winnings, ensuring transparent cost structures without bookmaker interference. The service is accessible via a mobile‑optimized interface, delivering fast, precise decision‑making for in‑play wagering.
Target Audience
Primary users are active sports bettors who seek flexible, low‑cost in‑play trading and want the ability to both back and lay outcomes across major sports.
Features
- Real‑time odds matching that instantly pairs back and lay bets as liquidity becomes available
- Dynamic in‑play markets across major sports with continuously updating odds during events
- Full market depth view showing available stakes and unmatched bets at each price level
- Cash‑out functionality enabling users to adjust or close positions while the game is live
- Low commission charged solely on net winnings after market settlement
- Mobile‑optimized interface providing complete trading capabilities on both desktop and mobile devices