No house edge

A betting app with no house edge.

There is no bookmaker margin because there is no bookmaker. The two sides agree the terms, and the pot is whatever the two sides put in.

Where the edge normally hides

It is priced into the line

The margin is not a line item you can see. It is baked into the number you are offered.

It applies every single bet

You pay it on the way in, on every wager, regardless of how the bet turns out.

The book cannot lose

A balanced book profits either way. That is the business, and it is working as designed.

How a bet with no house edge works

  1. 01

    Write the question

    Any yes or no question. Name the two sides in your own words and set the stake. There is no list of approved markets to pick from.

  2. 02

    Share the link

    Send it to the group chat. A private bet opens only through that link, so it stays between the people you sent it to.

  3. 03

    Everyone stakes to join

    Taking a side means putting the money in. The stake is held until the bet settles, so nobody is owed anything at the end.

  4. 04

    The group calls it

    Everyone who wagered votes on the result and the majority decides. The pot pays out onchain, with no bookmaker taking a cut of the line.

What we charge instead

No margin in the price

Nobody quotes you a number, so there is no margin to bury in it. The terms are whatever you and the other side agree.

A fee on winnings only

Poll takes a small percentage from winning payouts. Cancelled and tied bets carry no fee at all.

The pot is the pot

What the group staked is what gets paid out, minus that fee. There is no third party on the other side of your bet.

Questions people ask

So how does Poll make money?

A small percentage of winning payouts. Adding funds is free, and cancelled or tied bets carry no fee. Withdrawals cost $1 to $2.

Is no house edge the same as no fees?

No, and it is worth being precise. There is no margin built into a price, because there is no price. There is still a fee on winnings.

Could the other side and I just settle between ourselves?

You can, and plenty of groups do exactly that. The difference is that here the stake is already in, so nobody has to be chased.

Does anyone else do this?

Several apps cut out the bookmaker. They differ on whether real money is involved and whether the stake is held. There is an honest comparison of each.

Settle it properly.

Write the question, share the link, and let the group decide.