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Puntpal
There
are traditional bookmakers and then there are internet enabled
betting sites.Each bring their own advantages to the table
-the book-maker is an assured market maker who is always
there and you are sure to find somebody who will match your
bet.Peer-to-peer betting sites are dynamic in nature connecting
gamers with gamers,giving them better odds than the bookmakers
and are more nimble to change in market perceptions.
There was a need for a solution that marries these two concepts
and gives a seamless interface where customers can choose
between these two options and match their bets.Unlike existing
exchanges that bypass the traditional bookmaker to provide
a bet matching service for gamblers only,Puntpal will actively
encourage the participation of both bookmakers and gamblers
alike.The Puntpal Exchange will extend bet matching clearing
and settlement services to all participants on a true anonymous
peer-to-peer basis.
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