General information
A new top notch service is introduced to the ever-growing list of VIP-IBC. This new modern product is seen on the betting slips as a new bookmaker named Molly Exchange. Uniquely, this one allows the clients to bet against each other just like a betting exchange.
Once more, we have fulfilled our promises and added a new and exciting feature to our betting platform for multiple bookmakers.
It gets even better!
Betting against each other has its very own perks by default. However, Molly Exchange bring some additional advantages to our clients. Just like an ordinary exchange, punters can place wagers in favor of a result (“back” bet) or in opposition to one (“lay” bet). Just for this reason, a special bet slip was designed for this bookmaker. It shows both options side by side with the current liquidity provided via relevant bookmakers. If punters wish so, they can ask for a higher price than what is currently possible. The order will stay in the queue till others match it.
Additionally, on the top of the interface is an “aggregation line”. This feature shows the availability throughout all markets and fees from each bookmaker. These are split into three separate groups: “best”, “average” and “total”.
If they want, punters can cancel any open order they have. Unmatched quantities are eliminated from the trade at as soon as they do so.
Dark orders at Molly Exchange
While all these features are already great, there is more. This provider has a new twist to the betting process regarded as “Dark Orders”. In the most fundamental terms, the users will be able to wager at higher quantities than what he has available while not unveiling the size or the price. If one chooses to use this feature, their orders are added to the available liquidity queue. This queue is ordered by the odds and the placement time, to be matched as different bets are submitted. These orders can not be seen from the user interface or the API module.
The preliminary requirement for this option is that the price of the order has to exceed a set amount. Currently, it is £100. Additionally, a punter is allowed to specify a minimum limit, which any different participant must adhere to in order for the matching procedure to begin. This system is designed to protect the players from “price discovery” activities. For example, if a punter was to wager £2,000 on a lay bet, they could request a minimal incoming order of £1,000.
Market eligibility
For the early stages, bettors will only be able to deadball bet on full-time football results. The following markets will a be available: Asian Handicap, Over/Under, 1X2. Additional options are to be added gradually until the start of the 22/23 European Season.
It gets even better!
When it comes to betting, VIP-IBC is known as an innovator. By incorporating the best elements of a variety of bookmakers, the platform is a full package for any prospective client. You also can take advantage of all the features it brings if you open an account at the best betting platform now.
VIP-IBC has usually been an innovator when it comes to betting. With the incorporation of distinct elements of a variety of single bookmakers, the platform affords an entire package deal to any client. Open an account at the fine having a betting platform now to take gain of it early and begin prevailing big.