Crypto Sports Betting Exchange Development � Everything You Need to Know

Exchangedevelopment09 Jan, 2024Business

The global sports betting business is rapidly expanding, enabling more equitable peer-to-peer trades between bettors. Historically, centralized sportsbooks imposed exorbitant bet fees, but a decentralized betting exchange allows users to determine their own odds. As mobile phone and internet connectivity expand globally and new sporting leagues arise, the sector is expected to exceed $135 billion by 2027, at a CAGR of 6.7%. Crypto sports betting exchanges enable users to bet against each other directly and settle smart-contract-verified bets without mediators. Launching a Bitcoin sports betting exchange may give you new business options as more people get interested in online gaming and betting.

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