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Peer-to-Peer Betting in Minnesota: How It Works

Updated: Apr 9

Peer-to-peer betting in Minnesota lets you bet directly with others, skipping the high "house" fees. Platforms like BettorEdge allow users to set their own odds, offering a 5–10% higher return compared to traditional sportsbooks. With a 40% chance of profit versus just 2% on regular betting sites, it's a game-changer for sports enthusiasts.

Key Highlights:

  • No House Edge: Keep more of your winnings.
  • Custom Odds: Set your own lines and stakes.
  • Social Features: Bet directly with others and follow top performers.
  • Wide Coverage: NFL, NBA, MLB, NCAA, and more.
  • User-Friendly Tools: Track bets, analyze performance, and join contests.

Getting Started in Minnesota with the local Minnesota company, BettorEdge:

  1. Must be of legal age in Minnesota to play.
  2. Download the BettorEdge app, verify your ID and location.
  3. Deposit funds via bank transfer, debit card, or digital wallet.

Why It’s Popular: Over 30,000 users on BettorEdge have placed $100M+ in bets through BettorEdge. With no high vig, transparent betting, and social engagement, it’s reshaping how Minnesotans are able bet safely and transparently on sports.


Minnesota Laws and Setup Guide


Sports betting became legal in the United States when PASPA was repealed in May 2018. Peer-to-peer betting is allowed as long as it follows state rules & regulations.

Here's how to get started.


How to Set Up Your Account

  1. Download the AppGet the BettorEdge app from the App Store or download the Android APK directly from BettorEdge.com/bettoredge-app.
  2. Create Your AccountHave the following ready to complete registration:
    • Government-issued ID
    • Email address
    • Phone number
  3. Verify Your LocationEnable location services to confirm you’re within a legal state like Minnesota.

Payment Methods

Payment Method

Processing Time

Minimum Deposit

Bank Transfer

1–3 business days

$10

Debit Card

Instant

$10

Digital Wallet

Instant

$10

BettorEdge also offers tools to set daily, weekly, or monthly deposit limits, promoting responsible gaming.


Placing Bets


Finding Sports Markets

BettorEdge offers a marketplace featuring major leagues and events like the NFL, NBA, MLB, UFC, WNBA, PGA, NCAA Football, NCAA Men's Basketball, and more. Users can explore events and choose from various betting options:

Market Type

Description

Common Uses

Winner

Simple bet on the game outcome

Popular for major league games

Spread

Bet on the point difference

Common in basketball and football

Total

Over/under on combined scores

Used across most team sports

The platform organizes events by sport and start time, making it easy to locate the markets you’re interested in. Once you’ve picked a market, you can either create your own bet or accept an existing one.


Creating and Taking Bets

BettorEdge gives you the flexibility to set your own odds. Here’s how you can engage in the marketplace:

Setting Your Own Odds:

  • Browse the available markets for your chosen event.
  • Decide on your betting position.
  • Set your custom odds.
  • Enter the amount you want to stake.
  • Wait for your bet to match with another user.

Taking Existing Bets:

  • Look through the bets already available.
  • Check the odds and stake amounts.
  • Place a counter-bet.
  • Get a confirmation once your bet matches.

Bet Management

BettorEdge provides tools to help you track and analyze your bets effectively. Key features include:

  • Live Orders Section: Keep an eye on active bets during games.
  • Analytics Dashboard: View your betting history and performance stats.
  • ROI Tracking: Measure returns across different sports and bet types.

These tools allow users to pinpoint successful strategies and identify areas that need improvement. All betting activity is automatically recorded, ensuring a clear and detailed history with performance insights.

BettorEdge combines betting options, social features, and performance tracking into one convenient platform.


Platform Features


Social Tools

BettorEdge brings bettors together with its interactive social feed, where all bets are automatically shared for everyone to see. This feature allows users to follow skilled bettors, share insights, and even tip influencers whose picks have led to wins.

BettorEdge social builds transparency directly into the platform.

Beyond the social feed, BettorEdge provides users with powerful analytics to refine their betting strategies.


Stats and Rankings

BettorEdge offers a variety of tools to help users analyze and improve their betting performance:

Feature

Purpose

Timeframe

ROI Leaderboards

Measure return on investment

7 and 30 days

Win Percentage

Track success rates

7 and 30 days

Bet Streaks

Monitor consecutive wins

7 and 30 days

Conference Breakdown

Review performance by sport

All-time

These features help bettors pinpoint their strengths and adjust their strategies. The leaderboard system adds a competitive edge, spotlighting top performers that others can follow for inspiration.


Betting Contests

BettorEdge spices up sports betting with public and private competitions. Users can join:

  • Pick'em Contests: Predict outcomes across multiple games.
  • Auction Squares: Pick numbers to forecast scoring patterns.
  • Office Pools: Set up private competitions with automated management.
  • Head-to-Head Challenges: Compete directly against another user.

The platform handles everything - from collecting dues to distributing payouts - without piling on excessive fees.

Introducing Competitions on BettorEdge has taken the platform to the next level, offering users a chance to test their skills against others in a structured and competitive setting. Whether you enjoy the thrill of head-to-head matchups or prefer the excitement of group competitions, there is something for everyone on BettorEdge.

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Benefits Summary

BettorEdge offers a peer-to-peer sports betting platform with features designed to give Minnesota bettors an edge. Thanks to its no-vig model, users can see a 5–10% boost in earnings per bet, with a 40% chance of turning a profit - making it 20 times more favorable than traditional sportsbooks.

Here’s a snapshot of BettorEdge's performance:

Metric

Achievement

Total Market Orders

Over $100 million

Active Users

30,000+

Total Orders Placed

1 million+

App Store Rating

5.0/5.0 (17 ratings)

The platform stands out by allowing users to set their own odds while offering detailed analytics. By removing traditional house fees, BettorEdge ensures a more transparent and user-friendly experience. These efforts haven't gone unnoticed - BettorEdge was named the Rising Star of the Year by SBC.

With its social features, straightforward processes, and no-fee structure, BettorEdge is redefining sports betting for Minnesota’s bettors.


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