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Comment by jon_richards

I’ve thought about making a Venmo for betting.

Start a betting pool with a group of friends. Use an exchange (not sports book) internal to the group, so no external money needed. No commission.

It’s no fun realizing you and your friends have taken opposite bets and are just handing money to the house. Keep that money in your social group and make some friendly bets without worrying about the entire group being taken to the cleaners. The group leaves the Super Bowl party, horse races, etc with just as much money as went in (minus tickets, food/drink, etc).

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