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MadMarket Betting Broker Review: Edge, Probet42 and Sharp Exchange

Three products behind one login, and the terms that come with them.

This MadMarket review covers madmarket.io, a sports betting broker with no link to the restaurant or any other business of the same name. One MadMarket Portal login opens Edge, the Mollybet-powered trading platform; Probet42, the Pinnacle alternative; and Sharp Exchange, a back and lay exchange. Deposits start at €50 and run through cryptocurrencies, Visa, Mastercard, Jeton Bank and MiFinity. MadMarket states that winning players are welcome, and the maximum stake depends on the bookmaker or exchange, the match, the market and the odds.

The four brokers

MadMarket at a glance

Three products. One login. A €50 minimum deposit on every method.

MadMarket at a glance: operator, licence, products and payments

ItemMadMarket
OperatorPixel Tech Limited, a brand of Purple Dust Ltd
LicenceGovernment of the Autonomous Island of Anjouan, Union of Comoros
ProductsEdge, Probet42 and Sharp Exchange
Betting sites in the register6 bookmakers and 8 exchanges
Minimum deposit€50 on every method
PaymentsCryptocurrencies, Visa, Mastercard, Jeton Bank and MiFinity
WithdrawalsCryptocurrencies, Jeton Bank and MiFinity
Welcome offer25% on a first deposit, up to €150
Restricted countriesListed in clause 4.1.3 of the terms, France included

What is MadMarket?

MadMarket is a sports betting broker, and its official domain is madmarket.io. It has no link with a restaurant or any other business that shares the name.

A broker is not a bookmaker. MadMarket's SingBet page says it "acts as a broker and does not influence or take part in the settlement of bets." The betting sites set the odds and settle the bets; MadMarket gives you one door to 14 of them in our register.

How a bet broker connects you to the betting sitesYou open one account with a broker. The broker reaches Asian bookmakers and betting exchanges through its tools. You One broker BetInAsia AsianConnect MadMarket Sportmarket BLACK, Edge, Sharp Exchange,PS3838 and more Asian bookmakers Betting exchanges How a bet broker connects you to the betting sitesYou open one account with a broker. The broker reaches Asian bookmakers and betting exchanges through its tools. You One broker BetInAsia AsianConnect MadMarket Sportmarket BLACK, Edge, Sharp Exchange, PS3838 and more Asian bookmakers Betting exchanges
You, a broker and the betting sites it opens.

A broker for value and arbitrage bettors

The homepage headline, "High Stakes Sports Betting Brokerage for Value Bets", names the audience. The label we give MadMarket follows from it: best for value and arbitrage bettors on Edge, Probet42 and Sharp Exchange.

Screenshot of the MadMarket homepage: the menu above the headline High Stakes Sports Betting Brokerage for Value Bets, with Sign In and Get Started buttons.Open MadMarket in a new window
The MadMarket homepage, as its public site shows it.
Engraved hall with three arched doors in a row and one key on a ribbon hanging in the centre
One key, three doors: the shape of a MadMarket account.

How MadMarket makes money

MadMarket's FAQ explains the model in a sentence: it receives a commission from its operators, based on the turnover its customers generate.

MadMarket Edge: the multi-bookmaker trading platform

Where do most of the register's betting sites sit? On Edge, a Mollybet-powered trading platform: a white label of the Mollybet platform that MadMarket says caters to casual and professional bettors alike. Read how MadMarket Edge (Mollybet) works under the hood.

Bookmakers and exchanges on Edge

The access register gives Edge 12 betting sites.

  • Bookmakers: 3et, Sbobet, Singbet, Turf7 and SharpBet.
  • Exchanges: Betdaq, Betfair, Kalshi, Polymarket, Matchbook, Mollybet and Smarkets.

Pinnacle and Orbit Exchange come through Probet42 and Sharp Exchange, below. Reaching SBOBet via MadMarket shows the broker's role: MadMarket describes itself as an agent for SBOBet and offers it without fees or commission.

Engraved vaulted hall with one long wall of slate tablets in columns, each column in a different frame, and a brass pointer resting on one tablet
One screen, many betting sites: Edge sets the prices side by side.

Placing bets, Timeout orders and live trading

Edge sets the prices of the connected betting sites side by side, with the best odds and the maximum stake at each price. It covers pre-match and in-play markets.

The Classic view is for back bets and the Exchange view for lay bets. The Timeout feature places a price order that stays open for up to 72 hours, and Edge also offers cash out and partial cash out. When a large order cannot be filled in one betting site, Edge matches what it can in-house and spreads the remaining stake across its network of bookmakers.

Stakes from €1. Maximums set by the bookmaker or exchange, the match, the market and the odds.

MadMarket's Edge page states its policy in one line: "Edge won't close winning accounts or restrict players." Edge is also available for mobile.

Probet42: the Pinnacle alternative at MadMarket

One door in the register leads to Pinnacle (the book Probet42 is presented as an alternative to), and it is this one. Probet42 via MadMarket covers the route in detail.

MadMarket's own title for the sportsbook is "High Odds Pinnacle Alternative". It opens over 30 sports and thousands of markets, Asian handicap included, plus teasers and parlays of 2 to 10 selections.

There is no cash out, and MadMarket says that is how Probet42 prioritises a lower vig, the margin built into the odds, and better odds. Limits are dynamic, with a re-bet function, and the maximum stake shows on the betslip. Probet42 runs as a responsive website on mobile, with no dedicated app.

Better odds instead of promotions

In the site's words, "the company has decided to exchange all promotional value for better odds and betting limits."

Sharp Exchange via MadMarket

A flat 3% on winning bets, nothing on losing ones: that is the number to remember at Sharp Exchange.

Sharp Exchange, nicknamed SharpX, is a peer-to-peer exchange where you back and lay across more than 20 sports, in-play included, with cash out, partial cash out and automatic cash out. MadMarket offers access as a verified agent for the platform, and the minimum stake is €10. In the access register, Sharp Exchange at MadMarket opens Betfair and Orbit Exchange.

Engraved scene of two facing wooden counters with a brass balance scale between them and an equal stack of coins on each side
Back on one side, lay on the other: an exchange matches the two.

Commission and liquidity

The commission (the fee an exchange charges on your winnings) is a flat 3% on winning bets only, with no premium charges or hidden higher-rate tiers. Funds move between Edge, Probet42 and Sharp Exchange instantly, with no transfer fees.

Prediction markets on MadMarket: Polymarket and Kalshi

Edge carries two prediction markets, Polymarket and Kalshi. The register files both under exchanges, and Edge is the only MadMarket tool that opens them. If the format is new to you, read how prediction markets differ from betting exchanges.

MadMarket deposits and withdrawals

Four ways in, three ways out.

MadMarket payment methods: minimum deposit and withdrawal route

MethodMinimum depositDepositWithdrawal
Cryptocurrencies€50Six to 25 network confirmations; no deposit feeYes, in a coin already deposited
Visa and Mastercard€50For users in selected locations, depending on country of residenceDeposits only
Jeton Bank€50Instant; no deposit feeYes
MiFinity€50Quick; no deposit feeYes

Minimum deposit and withdrawal

The minimum deposit is €50, or the equivalent in British pounds or US dollars, on every method, and a transfer from the MadMarket Wallet to a product account starts at €50 as well. You request a withdrawal from the Wallet in the Portal, and the terms say MadMarket aims to process it within 48 hours. Default limits are €5,000 per day, €10,000 per week and €50,000 per month, with larger amounts handled case by case.

Turnover requirement

Every deposit must be turned over, which means wagered, at least once before you start a withdrawal.

Identity verification

MadMarket's know-your-customer policy, known as KYC, decides when documents are needed. A first withdrawal triggers the request, and the policy sets full verification once lifetime deposits pass €2,000. You upload a valid photo ID, a passport, ID card or driving licence, and proof of address under three months old, such as a utility bill or bank statement, as PDF, PNG or JPEG up to 5 MB. One KYC covers all three products.

Open the verification step early

The first withdrawal request is what triggers the check. Upload your documents before you ask; it speeds up your first withdrawal.

MadMarket Portal: registration in three steps

  1. Create an account. Press "Get Started" on the homepage.
  2. Fill in your details. Give the basic information and confirm your email.
  3. Verify and go. Create your password.

Then deposit into the MadMarket Wallet and, on the Products page, press "Create Account" for Edge, Probet42 or Sharp Exchange, choosing a username and a preferred currency. You must be over 18 or of legal age where you live, each person holds one account, and VPNs and proxies that mask your location are not allowed.

MadMarket bonus and welcome offer

25% on your first deposit, up to €150. A deposit of €600 earns the full amount.

  • The offer is for new customers, on the first deposit only, credited to the product account you choose.
  • The deposit plus the bonus must be wagered 5 times at minimum odds of 1.60. Only settled bets count, and when you bet both sides the smaller stake counts.
  • Moving the bonus out of the product account cancels it. One offer per person, household, email address, phone number and payment account.

MadMarket also runs a VIP club, with bonuses and cashback; you ask for entry through support. The Probet42 FAQ states that there is no welcome bonus on Probet42.

Which countries does MadMarket accept?

MadMarket's terms, in clause 4.1.3, do not accept residents of the following countries, or people accessing the website from them.

  • Afghanistan
  • Australia
  • Austria
  • Aruba
  • Bonaire
  • Curacao
  • Comoros
  • Democratic People's Republic of Korea
  • France
  • French Guiana
  • French Polynesia
  • Germany
  • Guadeloupe
  • Iran
  • Kazakhstan
  • Martinique
  • Mayotte
  • Myanmar
  • Netherlands
  • Saba
  • Reunion
  • Russia
  • Saint Barthelemy
  • Saint Pierre and Miquelon
  • Saint-Martin
  • Spain
  • New Caledonia
  • North Macedonia
  • Singapore
  • Sint Eustatius
  • United Kingdom
  • United States of America
  • Wallis and Futuna Islands

Clause 4.1.2 adds any country where online gambling is prohibited for its residents, and under clause 3.4 the legality of your use of the service is your sole responsibility.

MadMarket licence, operator and security

  • Operator. The terms name Pixel Tech Limited as the operator and describe MadMarket as a brand of Purple Dust Ltd.
  • Licence. MadMarket is licensed and regulated by the Government of the Autonomous Island of Anjouan, Union of Comoros, and its terms are governed by the law in force in Anjouan.
  • Payments and data. The payments page cites strong encryption protocols and PCI security certificates. MadMarket states that it never shares customer details with the bookmakers or third parties it cooperates with.
  • Disputes. A complaint about a bet decision goes to MadMarket within three days, and the external dispute service CADRE is free for the player.
  • Support. Live chat runs 24/7, with email, Instagram DM and X as further channels.
  • Responsible gambling. Self-exclusion requested by email takes effect within 24 hours; see our page on responsible gambling.

MadMarket vs BetInAsia, AsianConnect and Sportmarket

MadMarket compared with BetInAsia, AsianConnect and Sportmarket: betting sites and route to Pinnacle

BrokerBookmakersExchangesRoute to Pinnacle
BetInAsia78PS3838
AsianConnect52PS3838
MadMarket68Probet42
Sportmarket57PS3838

One difference stands out: BetInAsia, AsianConnect and Sportmarket reach Pinnacle through PS3838, and MadMarket reaches it through Probet42, the Pinnacle alternative.

Each pairing has its own page: MadMarket vs BetInAsia, MadMarket vs AsianConnect and MadMarket vs Sportmarket. For the whole field, see where MadMarket ranks among the best bet brokers, or start with bet brokers explained.

MadMarket pros and cons

What MadMarket does well

  • One login for Edge, Probet42 and Sharp Exchange, with free instant transfers between them.
  • A trading platform that sets the prices of many betting sites side by side, with stakes from €1.
  • A flat 3% commission, on winning bets only, at Sharp Exchange.

What to know before you join

  • A €50 minimum deposit on every method, built for serious stakes.
  • Withdrawals go through cryptocurrencies, Jeton Bank and MiFinity; cards are for deposits.
  • Verification starts at the first withdrawal request.
  • Probet42 has no cash out and no dedicated app.

Our verdict on MadMarket

Serious stakes? The €50 minimum deposit was built for them. MadMarket states that winning players are welcome, and its three products give value and arbitrage bettors Edge to compare prices, Probet42 as the Pinnacle alternative and Sharp Exchange for back and lay.

Best for value and arbitrage bettors on Edge, Probet42 and Sharp Exchange

Create the account, fund the MadMarket Wallet with €50 or more, and open the product that matches how you bet.

MadMarket FAQ

What is MadMarket Edge?

Edge is MadMarket's sports trading platform, powered by Mollybet. It shows the odds of several bookmakers and exchanges side by side, with a Classic view for back bets and an Exchange view for lay bets. Stakes start at €1.

Who operates and licenses MadMarket?

MadMarket's terms name Pixel Tech Limited as the operator and describe MadMarket as a brand of Purple Dust Ltd. It is licensed and regulated by the Government of the Autonomous Island of Anjouan, Union of Comoros.

Which cryptocurrencies does MadMarket accept?

The coins named include Bitcoin, Ethereum, Tether USDT, Litecoin, Dogecoin, Cardano, Tron, Solana and XRP. Withdrawals go back in a coin you have already deposited with.

Can I deposit with a card at MadMarket?

Yes, with Visa or Mastercard, for users based in selected locations; availability depends on your country of residence. Cards are for deposits only.

What is the minimum deposit at MadMarket?

The minimum deposit is €50 on every method, or the equivalent in British pounds or US dollars. A transfer from the MadMarket Wallet to a product account starts at €50 as well.

Which countries does MadMarket accept?

MadMarket does not accept residents of the countries listed in clause 4.1.3 of its terms, France, Germany, Spain, the United Kingdom and the United States among them. The list applies to anyone accessing the website from those countries too.

Is there a MadMarket bonus?

New customers receive a 25% bonus on their first deposit, up to €150, wagered 5 times with the deposit at minimum odds of 1.60. The Probet42 FAQ states that there is no welcome bonus on Probet42.

Is MadMarket the same as the restaurant?

No. MadMarket at madmarket.io is a sports betting broker, with no link to a restaurant or any other business that shares the name.

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