π΅How Does It Work?
How does sportsbooks work?
We provide a simple model to bet on sports events using stable coin. We don't need capital or liquidity providers to back-up sports bettings.
Even though we provide the simple model for sportsbooks, it has Pros & Cons.
Pros
Simple model
Transparent because there is no hidden capital management or odds manipulation
Cons
No profit generated when no one bets on the opponent team.
We support multiple stable coins: USDC, USDT, and BUSD. Here's diagrams that help you understand how it works.
Rewards are granted in $ERA, you can find the details in Rewards.
Also there's platform fees applied that you can look at Platform Fees.
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