Bet25 introduces zero-margin sportsbook with flat 5% service fee
Bet25 has introduced a Zero Margin Sportsbook that removes traditional bookmaker margins from betting odds and charges a flat 5% service fee on the stake per bet slip. The platform calculates odds based on the true statistical probability of an outcome, without incorporating a house edge into the odds, according to the company. It said traditional sportsbooks typically reduce odds by 5% to 10% to...