Do you have an ETA on when you will launch ?
We are in final stages of license process - we'll launch as soon as that process is complete.
But we don't have a date that we can publicly release yet, we're just respecting the license process which has been very thorough and professionally managed by the licensing authority so far.
Don't worry, we will be letting the world know as soon as we have a launch update
I hope this will be not like Degens, who fooling bettor by exchange name, they are just sportsbook and giving laying option with big vig.
Will it be P2P with marketmaker without any vig? How much will be commission on winning?
Cricket is 1 of the best sports for exchange, why not launch cricket too in beginning?
Hi deadley. Thanks for your interest.
Exbet is a betting exchange. Just to confirm: We are not running a sportsbook. We are a platform for P2P betting.
At launch there will be liquidity provided by a number of market makers. It is up to the market makers what prices they put up, and how much vig they want to bake into their prices. Building liquidity on any exchange takes time, but we expect to see competitive prices from day one that will attract bettors, new market makers, and eventually traders. And then better prices, less vig .. and more bettors, traders.. and so on.
Anyone interested in market making on Exbet should DM us - we would be very happy to discuss how we can support your efforts to bring liquidity to Exbet. Maybe you're interested, deadley?
Commission on net winnings in a market will be 1%.
Cricket is a great call - it has seen a huge growth in volumes on exchanges in recent years. The cricket calendar is getting back to normal more slowly than soccer, which is one reason that we may not support it at launch. But please be sure that it is at the top of the list for new sports on Exbet.