## New Sports Betting Platform Debuts
A groundbreaking sports wagering platform, BetDex, has just gone live, guaranteeing users top-tier odds. This innovative exchange eliminates concealed charges and unjust limitations, implementing a transparent 3% fee solely on net profits. In essence, payment is only required upon winning.
Currently, the platform facilitates wagers engaging in popular sports such as Soccer, Baseball, Ice Hockey, and Cricket. Users can opt to fund their accounts utilizing either digital or conventional currencies.
This official launch follows a successful beta test conducted during the recent FIFA World Cup. BetDex operates under full licensing and regulation from Ireland, having secured a gaming permit last year.
Varun Sudhakar, Chief Executive Officer and co-founder of BetDex Labs, emphasized the team’s extensive experience, with core members originating from industry leaders like FanDuel, Betfair, BetDAQ, and BoyleSports. He underscored their objective to establish a sports betting environment characterized by fairness and accessibility for all.
“The sports wagering sector, despite exceeding \$2 trillion in annual value, frequently suffers from a subpar user experience attributed to concealed charges and constraints imposed on frequent victors,” Sudhakar elaborated. “We constructed BetDex upon the foundational principle that participants should not be penalized for their triumphs. We are elated to finally introduce a sports betting exchange genuinely crafted with the player’s best interests at its core.”
A well-known Australian digital wagering service, Sportsbet, has entered into a legally enforceable agreement to enhance its adherence to national regulations concerning Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF).