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It should be noted that Predyx being in beta, besides the costs of operations, has lost a ton of sats standing up all these markets with very little fees earned so we can all essentially beta test the product. They are far from making a killing, quite the opposite in fact.
I mightâve used a bit too strong wording, that wasnât what I meant. Go easy on me, English isnât my first language.
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I think you should start using Predyx just casually maybe and you will better understand it's not similar to betting or sportsbook providers at all.
You can even start with 1 sat, also Predyx is a Bitcoin product which we can appreciate.
To that point, the reason they charge higher fees on purchases than sales is that they lose money on average when people participate in their markets.
Thatâs not specific to Predix, itâs how the whole betting industry works.