Robinos leverages smart contracts and blockchain technology to create a fair and transparent platform, allowing sports enthusiasts to embark on their sports performance trading journey. Transparency is crucial to ensure that our users are aware of the highest possible payout at the end of the season since sporting events have a definite endpoint, unlike the never-ending trading market.
In contrast to traditional sportsbooks, we don't determine the returns and odds for each team. Instead, they are shaped by the supply and demand from everyone participating in the events.
<aside> 💡 For instance, Liverpool, a popular team with recent EPL and Champions League victories, would attract more backers in Robinos. As demand increases, the returns decrease accordingly.
On the other hand, less popular teams like Nottm Forest experience less demand, resulting in higher returns when they achieve unexpected successes, such as a top-seven finish at the season's end.
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In trading, sometimes we make mistakes and either hold on to remind ourselves of those errors or quickly sell to free up capital, reduce opportunity costs, or prevent further losses. With Robinos, it's essential to understand that holding until the end of the season may not be advantageous, especially if you've backed a team that falls short of expectations since everything concludes when the season ends. Conversely, you might consider taking profits early if a team performs exceptionally well initially but faces uncertain prospects later in the season.
The ability to trade is vital in Robinos, as it allows users to buy and sell shares in different teams based on their knowledge and skills. This user-to-user trading ensures that genuine supply and demand govern the prices throughout the season.