Molly Exchange
Molly Exchange is the newest development, added to the Molly betting platform range. It allows the players to bet simultaneously on multiple betting exchanges’ offers from a single account.
BET-IBC understands that, when it comes to sport betting, even though beating the house is both fun and rewarding, sometimes bettors need the human touch that beating another punter represents. As contradictory as it might sound, wagering against someone else on your own terms truly is a unique experience that spices things up. And that’s precisely why the Molly Exchange is a great addition to the top betting services available currently on the market.
What Molly Exchange Offers
As usual, Molly offers the most competitive odds from their partners. However, thanks to the alternative bet slip, the players can now request the odds they want. After, they will wait for the opponents to accept the offer. As usual, they have the option to back (bet in favor) or lay (wager against) any offer. However, due to the module still being in its initial stages, the betting options Molly Exchange offer are limited to certain markets. Now, it works for Asian Handicap, Over/Under and 1X2. As the service proves to be more successful, the offer range will grow.
Taking the odds others offer is not the only way you can play against them, though. For the cases where you don’t like what you see, Molly Exchange gives you the chance to scrap everything and make a new offer. It will include your own preferences, which will be then placed in queue. Then, it will wait for other punters to match it.
There is more
So far, everything we have mentioned is, to some extent, what any regular exchange offers. Nevertheless, that’s not everything there is to Molly Exchange. In order to negate the chance of “price discovery” practices, which is something that most of its pairs fail to deal with, they designed the “Dark Orders”. In a nutshell, this option requires that the amounts and odds of the new offer surpass the existing ones. Only in such cases, it enables the orders to be placed without revealing the prices. The twist is that it will not be visible in any list whether it be the user interface or through the API module. Instead, it will be matched, completely or partially, according to the opposite wagers as they are submitted.
In essence, this option allows bettors to become a substitute for bookmakers, which in term brings about a new kind of excitement. Moreover, as long as there are other punters that find value to the proposal and match the bets, there are basically no maximums to either the odds or the amounts risked, which is a welcomed feature on the part of high rollers.
Conclusion
Many punters have been asking for these kinds of services for quite some time, making it evident that there still was an unattended betting need. Molly Exchange seems to come to solve such issue.