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.
Simple model
Transparent because there is no hidden capital management or odds manipulation
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.
Last updated 2 years ago