Why Are There No Sports Betting Platforms? Seems Like An Obvious Use Case For Smart Contracts.

[swartz]

To my knowledge, there isn't a single decentralized platform out there yet to bet on sports. How awesome would it be to simply match bets on the blockchain without charging the juice you normally pay at a sportsbook. This should be a massively popular thing, why doesn't it exist yet? Can anyone point out the projects that are the most far along so far?

 

[poliq]

I've always thought this would be an excellent use case as well.

Would be cool to bet some Bitcoin on the Conor/Khabib fight this weekend without going through a centralized sportsbook.

 

[lookingforadvice]

Looks like spam to me! How can you pay nothing to the betting platform? How on earth would it cover costs?

 

[getsukurokoshi]

Looks like spam to me! How can you pay nothing to the betting platform? How on earth would it cover costs?

everything seems spam to you)

 

[LucasMay]

Perhaps it should go without saying: Betting on the outcomes of sports contests depends on sports contests actually taking place. For stakeholders in the sports betting community — such as online sportsbook platforms, brick-and-mortar casinos, and bettors themselves — the effect of the COVID-19 pandemic on sports has directly and negatively affected their interests in making and taking bets on sports. Below, we briefly address the state of play for most live sports leagues and franchises, note how stakeholders in the sports betting community are trying to adapt, and identify key regulatory issues for those stakeholders to consider in the days, weeks, and months ahead.