New Sports Betting Platform BetDex Launches with Low Fees and Focus on Fairness

A novel sports wagering platform, BetDex, has commenced operations. The service aspires to provide the most favorable prices among competitors and levies a modest 3% fee solely on successful wagers. Consequently, patrons incur charges only when their predictions prove accurate.

BetDex encompasses a diverse selection of athletic contests, including football, baseball, hockey, and cricket. Participants can deposit funds into their accounts utilizing either digital or conventional currencies. The exchange underwent a beta trial period during the recent global football tournament.

BetDex Labs, the entity responsible for the platform, possesses licensing and regulation in Ireland, having obtained a gaming permit in the preceding year. Chief Executive Officer and co-founder, Varun Sudhakar, underscored the team’s expertise, drawing from members’ backgrounds in established firms such as FanDuel and Betfair. He stressed their objective to enhance fairness and transparency in sports betting, asserting that patrons should not be subject to penalties for their triumphs.

A well-known wagering platform, Sportsbet, has elevated its efforts to counter illicit financial activities and the funding of terrorism. The company has consented to more stringent regulations and is collaborating closely with Australian regulators to ensure complete transparency and compliance.