After medicine, playing is the vice mostly associated with cryptocurrencies. While bitcoin has a wealth of functions, it’s no coincidence that bitcoin’s first “killer app” was hi-lo betting web site Satoshi Dice. Because of its statelessness, suitability for cross-border transfers, and pseudonymity, cryptocurrency is a pure match for on-line casinos.
Americans wagered $140 million on the 2017 Super Bowl, but when sports activities betting was authorized nationwide, that determine would have been nearer to $5 billion, it’s believed. Save for a handful of states comparable to Nevada, sports activities betting is outlawed within the U.S., although a Supreme Court ruling final 12 months appears to be like set to change that. In the meantime, decentralized protocols are making it simpler than ever for cryptocurrency customers to guess on a variety of occasions together with the Super Bowl.
Prediction Markets and Decentralized Sportsbooks
A string of supposedly decentralized sports betting sites has sprung up over the last 18 months, many of which were funded with ICO money at the peak of the bubble. Projects such as Wagerr will soon be joined by the likes of Block Sports, while the popularity of gambling dapps, which account for the majority of dapp usage on the Eos and Tron blockchains, attests to the lure of crypto-based betting. Decentralized prediction markets like Fairlay, Augur and the platforms built upon its protocol are the common examples of borderless betting that’s virtually impossible to censor.
We are not there yet, most dapps have not enough users or liquidity. In the meantime check out Fairlay as it provides many features of both traditional betting sites and dapps while allowing you to stay anonymous and having a stable and secure system where you can easily bet against other users.
Fairlay Betting Exchange
Predict sports matches like Football, Tennis, American Soccer, Rugby, Golf, Volleyball, NBA, NFL, HFL, MMA, eSports, Horse Racing, Motorsport, Table Tennis, Mixed Martial Arts, Winter sports, and events like elections using Bitcoins.
Fairlay offer game spread, outright, over/under, full-time and half-time betting options. Place your bets on Fairlay’s sportsbook betting exchange and enjoy the thrill of the game!
Predict election outcomes and Trump’s exit date on the Fairlay news section and swap cryptocurrencies instantly using the Fairlay Shift Exchange.
Enjoy an industry-low commission of 0.05% to 0.25% on Fairlay markets. The more you bet with us, more reductions you'll get. Visit this link to learn more about our market commissions https://fairlay.com/fees/. Get a revenue share of 50% from all the user's commission. Share your referral link https://fairlay.com/account/referral/
Fairlay provides the liquidity you require to get the most competitive odds in the prediction market industry. Fairlay has many sports and markets than any other betting exchange.
Sign up with one click here https://fairlay.com/