TrueBet is a peer-to-peer sports betting platform that eliminates traditional bookmaker fees, or "juice," allowing bettors to place wagers directly with each other. This setup typically saves users around 5%, offering fairer odds by removing the standard sportsbook markup. Instead of needing to bet $110 to win $100, as in traditional betting, TrueBet allows you to bet $100 to win $100, aligning with the true 50% probability on most bets.