# Welcome to 4casters

**Introduction**

4casters, established in 2021, operates as an international sports trading platform. To date, the platform has seen over $1B million in wagers. Contrary to conventional sportsbooks that position you against a house, 4casters facilitates direct bets between users.

**Core Features:**

1. **Peer-to-Peer Betting:** Unlike traditional sportsbooks where you bet against the house, on 4casters you're betting against fellow users. This approach empowers every user to submit their odds to the marketplace.
2. **Offer Creation:** Set the odds and side you desire. For instance, seeing "Bengals +7 +110" implies that another user can bet against with "opponent -7 -110". (Note: This is in American odds format.)
3. **Dynamic Balance Management:** When you create an offer, your balance remains unaffected until the order is matched. Risk is dynamically calculated based on your worst-case loss scenario.
4. **Versatility:** Our platform accommodates a wide spectrum of user types and betting preferences. 4casters was designed to make taking bets as simply as on a sportsbook.
5. **Low fees:** A new user pays 0% commission on offers and 1% (less of risk/win on losses or winning amount) on taken bets.

**Basic Ground Rules:**

This guide will walk you through the fundamentals of using our betting exchange. For any questions or feedback, reach out to us at <hello@4casters.io>.


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