Beta Changelog and Read Me

Gambyl Support

Modified on: Thu, 25 May, 2023 at 5:15 PM

Account Set Up

You can create a new account at any time! When you do that, you will be redirected to DAMLHub to login.
You do not need to verify your account for our KYC.

All deposits will be accepted from our test credit cards. Test credit card information are for VIP Inner Circle members only during our private beta testing period.

Placing a back bet is the traditional form of gambling - you believe an event will happen and bet on it happening at the odds you want to take.
These odds are shown in purple on the exchange.

A lay bet is the opposite of a back bet. This is when you bet against something happening.
Typically, bookmakers represent the lay side, but on the Gambyl Exchange, customers can both back and lay themselves.
These odds are shown in yellow on the exchange.

If there is not sufficient liquidity in the market, or you have decided to place your bet at odds different to the current price, sometimes you don’t have any other player to bet against your bet at that specific price and set of odds.
Each market will show the current odds and liquidity so you are able to get your bet matched instantly.

If your bet is not fully matched, you can cancel all or part of your bet depending on the bet status. Keep in mind, you cannot cancel a Matched bet.
All unmatched bets will be cancelled automatically once the event begins.

Lower fees. Because you’re betting peer-to-peer, there are no sportsbooks to take their large cuts. You’ll be paying just 5 cents per dollar ONLY as the winning bettor instead of the 10-20 cents you see at a traditional sportsbook. Exchanges are very customer-friendly.
You can’t be banned or limited for winning (at least not by the operator). If you’re a professional bettor who has been limited by many traditional sportsbooks for winning, you might have more luck at an exchange.