Introduction
It’s clear that using crypto betting sites have made betting easier – you can bet on any crypto betting site like DexWin or Stake.com from anywhere on the planet. You wouldn’t need a country specific bank account for example an American, Canadian or French bank account. The future of prediction markets and sports betting is definitely global and permissionless. But the major centralized players like stake, cloudbet, sportsbet, etc are fooling sports bettors in the name of transparency and control of your funds.
Centralized Crypto Betting Site’s – A Hidden Danger
There are so many centralized crypto sports betting platforms all over the world that have been reported to be scams. The major problem with these platforms is, inspite of using crypto to bet, your private keys are controlled by the sports betting platform. This leads to the numerous scams where the platform owners just run away with your crypto. This also leads to the possibility of hacks, the top crypto sportsbook – stake.com was hacked was for $41 million. This was possible as all your private keys , thereby your betting money is controlled by stake.com, it could be stake performing robbery too, you never know.
Web 3.0 sports betting – the DexWin Solution
DexWin is here to stop the problem with hacks and scams on centralized crypto sports betting platforms. Your betting funds are controlled by your wallet here – your keys your crypto. DexWin places its bets on Polygon which is a sidechain to Ethereum which has 100s of thousands of computers running the network – all across the world, owned by individuals and different political entities. This means to steal your funds, all these computers across the globe have to be hacked and not just one in the case of stake.com. Even if we wanted to, we at DexWin can’t access your funds because they are all controlled by your Polygon Wallet address and private key.
So for the first time in history, while placing bets on the internet – your USDT remains completely in your control – from deposit, to placing bets, to withdrawals. The only time you gotta worry about the safety of your funds is when it hits your countries bank account in local currency from USDT, but that’s a topic for a whole another article.
Why USDT is better to place bets with than Bitcoin ? (Slightly Technical)
Barring the new surge of ordinals – bitcoin blockchain has been a single use blockchain – just to send Bitcoin between different addresses and track all balances. Polygon and Ethereum allow you to code anything you want which is what we have done to manage your funds and bets on DexWin. This means web 3.0 betting with Bitcoin is still impossible as we can’t run code to facilitate this on the Bitcoin blockchain. Safety first while betting, USDT is your best bet to bet with crypto. USDT is fixed to the value of the US Dollar which is the strongest currency in the world and barely fluctuates, unlike bitcoin that has huge price volatility.
These are the reasons USDT is superior to Bitcoin while betting on sports with crypto. Decentralized Crypto Betting Site’s like DexWin with stablecoin USDT Betting are gaining mass popularity amongst high rollers and VIP Bettors who prefer the decentralized experience.
What about the Web 2.0 World? FIAT Sports Betting Platforms
DexWin is adding a FIAT On/Off Ramp in the coming weeks. You will be able to buy USDT on DexWin directly with EUR, CAD, BRL, PHP, other global currencies. As a sports bettor, you must have faced withdrawal delays, unfair blockages due to the sports betting platform and your country’s payment gateways. These problems are even more prevalent in countries like the Philippines. We have over 1000 users from the Philippines, 300+ Monthly actives who can win and withdraw their winnings in seconds rather than hours and days on typical Filipino sports betting platforms. Users from Brazil also appreciate the instant withdrawals.
As we support more currencies, sports bettors who have been scammed and marginalized will finally get their power back. This is the true essence of blockchain tech being used to solve a real use case and not just pump some token.
As we add more FIAT currencies in the on off ramp, more users worldwide will get a seamless taste of the benefits of blockchain, it’s this fact that brings me great joy!
Okay it’s safe, what about the actual betting?
The UI and UX at DexWin speaks for itself as you might have noticed by now. We provide boosted best odds to all users and as low as 0.1% VIG to top 100 DexWin stakers in the last 30 days. On top of this, markets are available earlier on all sports. We have exclusive and exotic bets available too. Check out our insane instant USDT free bet bonuses and monthly cashback upto 10% of net losses, upto 5% of your friends net losses. All this with quick and friendly support makes DexWin the safest and most enjoyable sports betting experience.
You can also see top bettors, follow them and copy their bets – to enhance your winning strategy. Copy bet coming soon.. so stay tuned. Are you a top bettor? You can sell your picks for a fee or give them to the DexWin community for free.
Conclusion – DexWin is the Best Crypto Betting Site in 2024
Web 3.0 sports betting/ decentralized crypto betting site like DexWin using USDT is much safer than betting on current centralized sports betting platforms, including the crypto ones. On top of this, DexWin provides an insane sports betting experience with amazing UI, boosted odds, insane bonuses, exclusive markets and monthly cashback rewards. Experience and efficiency are both taken care of on DexWin, why bet anywhere else?
Top Crypto Betting Site / Site’s in 2024?
– DexWin – The First Licensed Decentralized bookmaker, offers best odds and is the most trusted
– Bookmaker.xyz – Decentralized crypto betting site, but the odds are lower than DexWin.
– Solcasino – a decentralized crypto betting site with fewer betting options, and favorable only if you’re familiar with the Solana ecosystem
– Stake.com – Centralized crypto betting site, recommended only for its popularity, though many users have lost funds via restrictions on withdrawals and hacks.
– Rollbit – A crypto betting site that is popular for casino games, though users seem to have switched preference towards decentralized crypto betting site’s like DexWin, Bookmaker etc.
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