P2P vs ATH Markets

SportsBull offers both P2P (Peer-to-Peer) and ATH (Against the House) market formats. The key difference lies in who you are trading against.


P2P (Peer-to-Peer) Markets


In a P2P opinion trading market, every trade takes place between two users who hold opposing views on the same outcome.


One user believes an outcome will happen

The other believes it will not happen


Users trade directly with each other


SportsBull does not take a position in the trade. The platform acts only as a facilitator, handling order matching, trade execution, and settlement once the outcome is known.


P2P markets are driven by user demand, supply, and sentiment, enabling transparent price discovery.


ATH (Against the House) Markets


In an ATH (Against the House) market, users trade directly against the platform, not other users.


SportsBull acts as the counterparty to every trade


If a user “buys” an outcome, the platform “sells” it, and vice versa


Prices and odds are set and managed by the platform


ATH markets are suited for users who prefer fixed or platform-defined pricing structures.


Both market types offer different experiences, allowing users to choose how they want to participate based on their trading style and preferences.

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