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14681860 No.14681860[DELETED]  [Reply] [Original]

New Dapp on Ethereum claims Bet365 is unfair etc etc and lists 6 reasons why crypto is better for sports betting. Thoughts? Does sports betting need blockchain? Alleged reasons:
1)Bet with Dai Stablecoin – On other sports betting dapps, betting with a volatile cryptocurrency makes it hard to estimate profits. On SportX, all bets are placed in Dai, a stablecoin pegged to the US Dollar. 1 Dai = 1 USD, always.
2)Set Your Own Odds – SportX is a peer-to-peer sports betting app, where users set their own odds and bet against other users. SportX bettors have total freedom to set their own odds using Bookmaker mode.
3)Get the Best Odds – SportX is a betting exchange, so odds are automatically sorted from best to worst. SportX bettors always get the best odds available with Bettor mode.
4)Earn Protocol Tokens – To make sure that our users come first, we give them ownership over the SportX protocol. Bettors earn protocol tokens for every bet placed on SportX and the number of tokens you earn is proportional to how much you bet. These tokens represent ownership in the SportX protocol.
5)Control Your Funds – Your funds are stored in your personal crypto wallet until the moment you place a bet. SportX bettors will never have to deposit funds with us.
6)Complete Transparency – Every bet is settled on the Ethereum public blockchain, creating a verified trail for every transaction. SportX bettors have access to all betting data.

>> No.14681945

centralized resolution and 2% fees , better than centralized sites but still large rentseeking and still can do the greatest exit scam resolving any market as they want when they see the opportunity.

Better than centralized but still far from perfect solution

>> No.14682028

lol fair enough but i've been betting casually for couple months now works fine 4 me. U think they spending all this time building just to exit scam on one market? Would have to be insane amount of volume 2 be worth

Also here's link for those curious lol https://www.sportx.bet/

>> No.14682107

Slick UI, on the site it says protocol token is going to be called Apex. Coin not out yet though, 4chan is a place for coin shilling, not real use cases, fuck you.