Bet how much you want on sports, economics, world events and more.
A simple way for traders to buy and sell shares, and liquidity providers can supply liquidity to earn fees.
Today’s betting Industry trades on promises of getting rich quick, using every trick in the book to extract the maximum value from customers.
And at the same time, their best bettors are penalised by lowering their limits and closing their accounts.
"Blockchain-based prediction markets may be the one force strong enough to counterbalance the spread of incorrect information on social media. They give people a financial incentive to seek the truth and then protect them with the twin shields of pseudonymity and decentralization."
Users keep more of their winnings than any other exchange through low fees and the best odds. Augur doesn’t take a cut.
"Augur is a substitute for betting platforms that charge high fees, ban winners, delay withdrawals, freeze accounts, aren't globally accessible, lack privacy, and don't let you sell your bet mid-game."
Augur is a peer-to-peer, decentralized exchange, enabling universal and transparent access to its markets.
Augur is powered by Ethereum, which enables payouts to run as an automated process that no person or organisation, including Augur, can interfere with.