Markets Overview: How BettorEdge Works

Traditional Betting Models have users betting against "the house," which builds in high fees to ensure profits. BettorEdge eliminates these high fees by creating a marketplace where users bet directly against each other on sporting events.

• Event-Based Marketplaces: Each sporting event has its own dedicated marketplace
• Opening Line: When a market opens, it establishes an initial line
• Dynamic Movement: After opening, the market evolves through users buying and selling positions

When you want to place a bet on BettorEdge, you do this by placing an order. The platform then works to match your order with opposite positions from other users.

1. You place an order for a specific outcome (e.g., Over 220.5 points)
2. BettorEdge automatically matches your order with existing or future orders for the opposite outcome (e.g., Under 220.5 points)
3. Depending on your bet amount and odds/price, multiple opposing orders might be needed for a complete match
   
   

• Open Order: Any portion of your order that hasn't been matched yet
• Bet Position: The portion of your order that has been successfully matched

• Placed at the current line and odds
• Based on the most recently fulfilled order
• Quickest way to secure a position
• Cannot adjust line or odds
• Placed with a collar for higher match likelihood
  

• Similar to market orders but with adjustment options
• Allow you to modify:
  • The line (e.g., change a spread from -3 to -5)
  • The odds (e.g., adjust from -110 to +100)
    
• Key Function: Limit orders are what move the market
• When a limit order at a different spread/line is fulfilled, it becomes the new market standard

1. A user creates a limit order with modified terms
2. Another user accepts and fulfills that order
3. The market price/line adjusts to reflect this latest transaction
4. New market orders will be based on these updated terms

Unfilled Orders

If your order remains partially or completely unfilled:

• Check if your proposed odds are competitive with the current market
• Consider modifying your limit order to match current market conditions
• Be patient during less popular events where matching might take longer or send it to a foe to take the other side.

• Your order may be filled through multiple smaller opposing orders
• You can see both filled and unfilled portions in your account
• You can cancel the unfilled portion of an order at any time

Ready to place your first order on BettorEdge? Here's how:

1. Create an account and deposit funds
2. Browse available markets for your preferred sporting events
3. Decide whether to place a market order (quick execution at current terms) or limit order (customized terms)
4. For beginners, market orders provide the simplest entry point
5. As you gain experience, experiment with limit orders to get more favorable lines or odds
   
   

Remember, BettorEdge gives you the power to bet directly against other users without the higher fees of traditional sportsbooks.