A fresh sports wagering hub, BetDex, has formally debuted, striving to deliver top-tier odds to its clientele.
This platform, boasting a minimal 3% fee on successful wagers, encompasses a diverse array of sports such as soccer, basketball, baseball, and cricket. A standout characteristic of BetDex is its intuitive payment framework: patrons are only levied a commission on victorious bets.
BetDex enables users to supply their accounts utilizing both digital and conventional currencies. The platform underwent a fruitful trial period during the recent global soccer tournament.
Holding a license and operating under regulations in Ireland, BetDex secured its wagering permit in the preceding year. This action underscores the company’s dedication to functioning within an established regulatory framework.
Varun Sudhakar, Chief Executive Officer and Co-Founder of BetDex Labs, highlighted the company’s objective to reshape the sports wagering sector. He remarked, “The BetDex team comprises former pioneers and engineers from FanDuel, Betfair, BetDAQ, and BoyleSports who are enthusiastic about enhancing the sports betting experience. Despite being a multi-trillion dollar sector, sports betting has been hampered by a subpar user experience arising from high-profit products and arbitrary limitations on winning participants. We initiated BetDex with the conviction that users should not be penalized for their success and are pleased to introduce a product designed with the user in mind.”
This announcement arrives amidst other shifts in the sports wagering realm, including activity from AUSTRAC, the Australian Transaction Reports and Analysis Centre.
A prominent wagering platform in Australia, Sportsbet, has committed to enhancing its protocols for combating money laundering and the financing of terrorism. This obligatory agreement will guarantee the service adheres to the nation’s rigorous regulations designed to prevent financial misconduct.
admin