Passionate sports lovers are very familiar with the gusto of watching their favorite team win a match. And for many of them following the major sports events is not just a fun hobby, but a great source of income.
Since ancient times sports and gambling were inseparable, creating extra layers of excitement and thrill the sports events.
In the civilized world, the traditional betting industry had to overcome multiple challenges, starting with the full ban and fear-mongering, and ending with strict regulations and laws that surround it.
Ironically the laws that were supposed to suppress the industry, gave it infinite power instead, creating multi-billion dollar monopolies, with people placing bets on various sports including baseball, basketball, football, and even Esports.
But the customers’ disappointment with the industry grew just as fast as the industry itself:
High fees charged by the biggest sportsbooks eat a solid part of winnings, and strict laws that are meant to control gambling make betting platforms much less user-friendly than you would expect them to be.
But sooner or later this had to change.
This change started with the creation of DexSport – a unique decentralized betting platform that revolutionized the whole sports betting industry, allowing customers to use cryptocurrency to place bets and get payouts quicker and smoother than ever.
The keyword “decentralized” is what makes the main difference between Dexsport and traditional government-controlled bookmakers. The decentralized betting model suggests that there is no authority over this platform.
Driven on a blockchain it involves all of the users, making each individual plays a part in a system. This innovative platform suggests to its users a wide range of betting options, ensuring that everybody will be able to find what they need.
Sports lovers can place bets on sports or Esports, or use a live sports betting feature; play-to-earn betting is available for those who like easy gambling without having to analyze multiple factors.
Not a huge sports fan, but know a lot about crypto? No problem, you can find marketplace predictions, betting on crypto exchange rates, and even NFTs there. The format of platform allows users to access a shared liquidity pool and utilizes blockchain technology to distribute their winnings.
Currently, there are four pools available, and each one of them runs on a different blockchain, providing a range of cryptocurrencies available. You can easily switch between four chains, accessing different pools.
The financial system is secure and transparent: Each user can see the dollar equivalent of tokens available in the pool, as well as a general amount of withdrawals and bets placed and amount of users.
The new platform gained incredible popularity during the UEFA Champions League 2022, and the 2022-23 NBA regular season:
Multiple sports lovers from every corner of the world joined the DexSport community, bringing the total amount of bets placed on the platform to the impressive number of 200,000.
If you are a passionate sports fan who wants to get into sports betting, or an avid wagerer with a big experience of in making money on sports bets, this platform might be what you need.