as with the traditional high street bookies offices that you're probably familiar with, most of the money laid in bets will go to the winning gamblers. unlike the high street bookies that are for-profit businesses generating profits for shareholders, moobet will generate funds for amatuer clubs and charities as decided by our gamblers.
we invite any organisation to contact us and get themselves listed as an option on our website, if you can provide a registered charity number you'll be listed as a charity, otherwise you'll be listed as an amatuer club.
as a business we have funding to cover startup costs but have built the running costs into the algorithm, so we'll be taking 3% to cover those (2% tax on each bet laid, 25c + 1.8% on all lodgements, 40c for each identity verification). if things scale up sufficiently i might even get to take a wage and make moobet my job, but while we're in start up mode no one in moobet is getting any financial reward