Molly Exchange
General Information
An excellent new brand is now part of the services offered by VIP-IBC. Molly Exchange is a new idea that changes how betting works on the platform. Now, clients can place bets against each other for the first time. This is just one of the great features added to the platform for high rollers and VIP players over the years as it keeps improving.
It gets even better!
Exchange-style betting has its own advantages and disadvantages of course. To capitalize on the benefits it brings, we have designed a new betting slip. It will show you both options for your bet side by side and their current liquidity as well. Punters will also be able to ask for better prices than the available ones. They can be added to the queue and matched when the price they are requesting is available.
Another good addition to the user interface is the “aggregation line”. This shows the total available for all bookmakers at all markets and prices. For your ease, we have also split them into three categories: “Best”, “Average” and “Total”.
If a customer changes their mind or makes a mistake, they can also cancel their orders immediately via an option under “My Orders”. Their unmatched stakes are removed from the exchange if they do so.
Dark orders
Alongside all those interface upgrades, Molly Exchange also has a special betting process simply known as “Dark Orders”. Basically, it’s a way of betting that lets a punter place bets with higher amounts than the ones currently available without disclosing either the size or the price. If a punter picks this option, their orders are placed in a queue. They are ordered by odds and time and will be matched by other incoming bets if possible. Dark orders, however, will not be visible via the UI or the API module.
To use this system, the punter’s order must exceed a set value. Currently, it is set at £100. In addition, a punter can set a minimal limit that the other players will adhere to so the matching process can start. This is a feature that works as a protection from “price fixing” activities. For example, if a punter was to bet £5,000 on a lay bet against a team, they could request a minimum entry order of £2,000.
Market admission
In the initial stages, punters will only be able to place Deadball bets on various football events. The available markets will also be limited to Asian Handicap, Over/Under, and 1X2 full-time. As the time goes on, additional options will be added.
The vision of VIP-IBC is to offer a complete package to their clients, as we know that’s where the future of betting is. As we integrate various different systems and improve our codes by day, our clients get the best and most efficient gambling experience possible. Open an account at the best betting platform now to become one of those clients and have the best betting experience.
