Introducing SportX

Welcome to the Future of Sports Betting

Quick Links

• Click here to try SportX
• How a crypto betting exchange works
• V1 update summary

Our Vision of a Fair Sports Betting Market

Online sports betting is systemically rigged against bettors.

Sportsbooks like Bet365 are the definition of “the house.” They set their own odds and take the opposite side of every bet made by their users. For Bet365 to make money, they need their customers to lose more than they win.

The CEO of Bet365 made $465M last year. That’s a lot of losing bets.

To increase profits, sportsbooks do a number of things:

1. 💸 High Fees: Sportsbooks charge extremely high transaction fees. The current industry average for “rake” hovers around 5–10% per bet. This means that a user betting on a coin toss needs to win 55–60% of the time just to break even.
2. 🤫 Low Transparency: Sportsbooks provide little information to their users. Bettors have no way of knowing how odds are set, how maximum bet sizes are calculated, and how other bettors are betting. This important information is hidden from bettors, to increase sportsbook profit.
3. ❌ Winners Are Banned: Sportsbooks systematically ban winning bettors from using their platform. Less than 10% of bettors are thought to be profitable in the long-run and the few bettors that do win consistently face betting restrictions and/or account suspensions.

Since we believe that sports betting should be a fair market and a company should never bet against their users, we built a sports betting exchange with blockchain technology.

Welcome to SportX, the world’s first crypto sports betting exchange.

There are five unique advantages to SportX:

1. 📊 Set Your Own Odds: On SportX, users set their own odds and bet peer-to-peer. Bettors compete with each other to offer bets, similar to how the stock market works. This competition leads to better odds for everyone.
2. 😀 Complete Transparency: Every bet on the platform is settled on the Ethereum public blockchain, which creates a verified trail of every transaction. Bettors have access to all betting market data.
3. 🏆 Built For Winners: It’s impossible to ban bettors from using SportX. Users log in to SportX through a crypto wallet that the users themselves control. We never touch your money. Funds are stored in your wallet until the moment you place a bet.
4. 🏦 Easy Deposits: Buy crypto directly on SportX or deposit with over 300+ cryptocurrencies. Bettors no longer have to pay 10% credit card fees or send a wire to the other side of the world.
5. 📈 Earn Tokens: Imagine if Bet365 let you own part of their company every time you made a bet. On SportX, users earn tokens for every bet they place. These tokens represent ownership in SportX and the number of tokens you earn is proportional to how much you bet. As SportX grows, we want to make sure that our users share in our success.

Welcome to the future of sports betting.

🚀 Explore SportX 🚀