Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Online Gambling Platform
|
| gptkbp:allows |
Back betting
Lay betting Peer-to-peer betting |
| gptkbp:businessModel |
Commission on net winnings
|
| gptkbp:countryOfOrigin |
gptkb:United_Kingdom
|
| gptkbp:criticizedFor |
Complexity for casual users
Dependence on liquidity Potential for insider trading |
| gptkbp:currency |
Fiat money
Sometimes cryptocurrencies |
| gptkbp:defines |
A marketplace for customers to bet against each other rather than a bookmaker.
|
| gptkbp:differenceFromBookmaker |
No fixed odds set by operator
|
| gptkbp:fareControl |
Percentage commission on winnings
|
| gptkbp:feature |
In-play betting available
Market liquidity depends on user activity Odds determined by supply and demand Trading and hedging possible Users can both offer and accept bets |
| gptkbp:firstMajorPlatform |
gptkb:Betfair
|
| gptkbp:firstReleased |
2000
|
| https://www.w3.org/2000/01/rdf-schema#label |
Betting Exchanges
|
| gptkbp:impact |
Enabled new betting strategies
Increased transparency in betting markets Lower margins compared to bookmakers |
| gptkbp:notableEvent |
Betfair IPO in 2010
Introduction of cross-matching algorithms Regulatory scrutiny in Australia and UK |
| gptkbp:otherMajorPlatforms |
gptkb:Smarkets
gptkb:Betdaq gptkb:Matchbook |
| gptkbp:prohibits |
Some US states
Certain countries with strict gambling laws |
| gptkbp:regulates |
Subject to gambling laws in operating jurisdictions
|
| gptkbp:relatedConcept |
Sports betting
Bookmaker Arbitrage betting Matched betting Spread betting |
| gptkbp:riskFactor |
Market manipulation
Regulatory changes Liquidity shortages |
| gptkbp:targetUser |
Arbitrageurs
Professional gamblers Sports bettors |
| gptkbp:technology |
Online platform
APIs for automated trading |
| gptkbp:bfsParent |
gptkb:Prediction_Markets
|
| gptkbp:bfsLayer |
7
|