Since its inception in 2019, the project has committed to spearheading the transformation of sports gambling, focusing on offering an experience that users can’t get in the traditional, off-chain sports betting world. Luckily for bettors, by innovating around blockchain technology, SX Bet has emerged as the largest Web3 betting exchange globally-a growing alternative platform that operates outside of the traditional industry’s confines and offers far more markets than other blockchain-native competitors.
In addition to users being permanent underdogs, off-chain gambling is ridden with issues that have been simply accepted as industry standards-a fact of life.
Goliath scenario-the old adage that “The House always wins” has stood the test of time, for good reason. This means that no matter what bet a user takes, they’re always in a disadvantageous David vs. In each bet a user takes, they’re up against the centralized entity that facilitates betting, whether that be an online platform or an in-person site. Dominated by large centralized entities, an everlasting theme of the $104.78 billion global sports betting industry is playing against The House.
