
P2P betting platforms
P2P betting platforms connect individuals directly to place wagers against each other, rather than through a traditional bookmaker. Users propose their own bets or accept others’ offers on various events, with the platform acting as an intermediary to ensure security and transaction management. This approach offers more flexibility, a wider range of betting options, and potentially better odds. However, it also requires careful vetting of counterparties and understanding of the platform’s rules and protections to mitigate risks like fraud or dispute.