SX Bet: Winners Welcome

Leveraging Blockchain for Fair Betting: SX Bet is the Ultimate Safe Haven for Bettors Banned for Winning Too Much from Crypto Sportsbooks like Stake, Rollbit, Sportsbet.io, or Roobet

Andrew Young
SX Network
6 min readMay 19, 2023

--

https://twitter.com/TheSolanaCowboy/status/1626697647825498112

tl;dr

SX Bet transforms sports betting with blockchain technology, providing an unrestricted platform for winning bettors who have faced bans or limitations for winning too much on platforms like Stake, Rollbit, Roobet, and Sportsbet.io. SX offers:

  • 📈 Superior odds from its peer-to-peer betting exchange
  • 🔐 Unmatched security due to its web3 non-custodial nature
  • 📖 Full transparency with every bet recorded on-chain
  • 💰 Ownership opportunities with SX tokens
  • 👐 No limitations or bans on winning bettors

SX Bet (sx.bet) is the perfect blend of traditional betting dynamics and blockchain’s transformative potential, setting a new gold standard in the sports betting industry.

Crypto Sportsbooks Ban & Limit Winning Bettors

Crypto sportsbooks (like Stake, Rollbit, Roobet, and Sportsbet.io) only make money when their users lose. This is because they are on the other side of every bet. Therefore, to protect their profits, these sportsbooks engage in a very unethical practice of effectively banning or limiting winning bettors. They use automated software programs to raise betting limits for losing bettors, and lower them dramatically for winning bettors.

Rollbit

https://twitter.com/TraderKoz/status/1650643353917091840?s=20

Stake

https://twitter.com/kerneltrader/status/1308177953809985536

Sportsbet

https://twitter.com/Goathurin/status/1507053545169825801

Roobet

https://twitter.com/Micah0070/status/1318375742976086017?s=20

Crypto sportsbooks limit anyone who wins too much, while letting you bet as much as you want if you lose. The house always wins.

Introducing SX

SX Bet, is a revolutionary blockchain-based betting platform that is increasingly catching the attention of sophisticated sports bettors worldwide, particurlarly those who have been banned or limited on platforms like Stake, Rollbit, Roobet, and Sportsbet.io.

The reason is simple: SX offers an extremely secure, transparent, and non-custodial betting experience. SX is truly revolutionizing sports betting. In this article, I’ll delve into the top five reasons why smart crypto sports bettors, particularly those who have been banned or limited on other platforms for winning too much, are gravitating towards SX Bet as their primary betting platform.

1. 📈 Superior Odds

SX Bet’s peer-to-peer betting exchange ensures that bettors enjoy competitive odds, often better than what they’d find on traditional sportsbooks. With SX Bet, bettors aren’t subject to odds set by a centralized authority; instead, they are betting against each other, creating a dynamic and competitive market. This unique approach often leads to favorable odds for bettors while also giving them an opportunity to set their own odds and accept bets from others.

Side-by-side comparison of Bet365 odds vs. SX Bet odds

SX Bet often consistently outperforms traditional sportsbooks with higher payouts. This is because SX Bet has over 40 market makers competing with each other to give bettors better odds. With SX bet mining, bettors can see their payouts be +7% per higher per bet. For context, that means on a $1,000 bet at 50–50 odds, you’d stand to make a profit of $960 (1.96/-104) on SX Bet compared to $900 (1.90/-110) on traditional platforms.

You can go a step further and offer your own bets. This provides you with greater control and enables you to create customized strategies and preferences. You can even build your own quantitative sports betting strategy using the SX API docs. SX treats sports betting like a financial market where you can win, not a casino where you can only lose.

2. 🔐 Security

SX Bet’s non-custodial nature provides unmatched security, a critical feature for bettors who’ve faced issues with crypto sportsbooks like Stake, Rollbit, Roobet, and Sportsbet.io. Unlike centralized sports books, SX Bet doesn’t hold users’ funds centrally. Instead, bettors have complete control over their funds, securely stored in their personal non-custodial wallets (such as Metamask).

This security model dramatically reduces risks associated with the misappropriation of funds. You can place bets on SX Bet with peace of mind, knowing that your funds are securely stored and accessible at your convenience, in your own Metamask wallet. Your keys, your crypto; only at SX do you get to keep full control and bet on sports straight from the safety of your own Metamask wallet.

3. 📖 Transparency

SX Bet breaks the mold in an industry often criticized for lack of transparency and trust issues. Every bet is recorded on-chain, creating a public and tamper-proof record of all betting activity. This unparalleled transparency reassures users of the platform’s integrity and ensures the correct settlement of all bets.

SX shows you the order book, line movement, and every single bet on the market

SX Bet shows you the order book, line movement, and every single bet on the market. This fosters an environment of trust, essential for a thriving betting ecosystem. SX offers a level of transparency that resolves trust issues often associated with other sportsbooks like Stake, Rollbit, Roobet, and Sportsbet.io.

4. 💰 Ownership

The SX token provide another compelling reason for sophisticated bettors to embrace the platform. Every time a user wins a bet, they not only receive their winnings but also earn SX tokens. These tokens serve multiple purposes within the SX ecosystem, such as getting a discount on fees, earning staking yields, and powering governance.

Earning SX tokens gives you a stake in the platform’s future, opening up the possibility of reaping the benefits of its growth and success. This added incentive makes SX Bet even more attractive for sports bettors looking to maximize their returns.

5. 👐 Open Access

Finally, SX Bet’s commitment to open access is a major draw for sophisticated sports bettors. Unlike traditional sportsbook, SX Bet doesn’t ban, restrict, or limit winning bettors. This means you can win consistently without worrying about being penalized or limited — a unique advantage that sets SX Bet apart.

Check out API docs now to build your own betting bot!

SX’s also has completely open access to its APIs to encourage innovation and development of new betting tools, strategies, and applications. This open access empowers bettors to design custom tools and algorithms, giving them an edge in the highly competitive world of sports betting. The SX Bet API docs are incredibly easy to read and make it easy for anyone to build their own sports betting bot. We treat sports betting like a financial market, and give you the tools you need to trade it like one.

Conclusion

With its commitment to open access, non-custodial security, peer-to-peer betting, on-chain transparency, and advantageous tokenomics, SX Bet stands out as the preferred choice for sports bettors who’ve faced limitations or bans on platforms like Stake, Rollbit, Roobet, and Sportsbet.io.

As the sports betting industry evolves with blockchain technology, SX Bet is at the forefront, offering a secure, transparent, and decentralized betting experience tailored to the needs of today’s sports bettors.

About SX

SX combines smart contracts with an on-chain treasury and prediction market protocol. SX Network is perfect for developers with EVM-compatibility, low-cost transactions, and PoS-based consensus. SX.Bet is the #1 prediction market dapp by betting volume across all chains. All bets are peer-to-peer and settled on-chain. SX Bet has processed +$335,000,000 in betting volume. SX Bet is not available in the United States or other prohibited jurisdictions.

SX.Bet | Twitter | Reddit | Discord | Whitepaper

--

--