💿6.3 Value proposition for the sports betting industry
Arbitrage through peerless direct on chain betting Traditional sportsbooks frequently find that they have taken on too much payout liability when their customers’ bets are unbalanced, strongly favoring one side. If the overweighted team wins, the sportsbook has to carry that cost against their bottom line. They typically manage their liability by placing bets, themselves, with competing sportsbooks. Winc offers lower fees, automated payouts, and strong security against manipulation. Even though Winc will function as a competitor to traditional sportsbooks, the blockchain also offers a potent solution at a competitive price. For additional information on mechanisms that safeguard the network for arbitrage functions, please see discussion of “dynamic odds balancing,” under, “Peerless direct chain betting.”
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