SportBet — the first decentralized sports betting platform, built on the EOS blockchain. Unlike traditional bookmakers, this project does not require identity verification or deposits. SportBet provides anonymous, transparent betting and direct payments to the user's account. You need to have an EOS cryptocurrency and an account in order to bet on your favorite sport.
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Brief information about the SportBet project
Sports fans who have bet online know the problems that can arise in the process. Moreover, if you manage to win, it will be difficult for you to get your money. Your funds are held in a company account and there is no guarantee that you will see them. The sports betting industry is starting to use blockchain, making betting more transparent.
Betting is popular and interesting for many people. With their help, you can test your intuition, knowledge of the features of the teams, have fun and make good money. Companies are starting to use blockchain in games in general and sports betting in particular. Launched in April 2019, SportBet was the first project to use EOS smart contracts for sports betting. Using the portal, you can make predictions for many categories. For example:
- football;
- baseball;
- basketball;
- hockey;
- tennis.
On the site, you can study the features of rates for different categories in detail. There is no White Paper or Roadmap here. There is also no information about the presence of an audit of a smart contract.
Why should you choose this project?
Crypto betting has some significant benefits for users and providers. Blockchain helps to solve the problems of sports events by providing new opportunities and improving the quality of customer service. Sports betting usually uses EOS. It is one of the fastest blockchains with zero fees making it ideal for betting.
Project advantages:
| Anonymity | In addition to the fact that there is no need to enter your details here, the company cannot keep your money in their account, as the nature of the blockchain provides instant payments. You create an EOS account and use it to log into the platform. Plus, no deposit is required here. |
| Can't block your money | The company does not have your money, it is stored in your wallet. The platform only knows your username and all transactions are public. Winnings are paid to the EOS wallet. If the match is canceled, the money will be returned to your wallet. |
| Active community and transparent communication | Reputation matters and, therefore, thoughtful comments and user feedback are processed and acted upon as soon as possible. Thus, SportBet is a dynamic and user-friendly platform where the team always keeps in touch with users. |
Setting up an EOS account can be the only difficulty on your way to betting. To meet customer needs, the SportBet team plans to introduce social media accounts. Users will be able to use their accounts via Facebook or Twitter.