Tonight at 6:30 PM EST traders will tear themselves away from exchanges around the United States and turn on the Superbowl. It’s unfortunate, but if they miss it, there’ll be very little to talk about with their non-crypto friends on Monday. This year cryptocurrency professionals and enthusiasts around the world can combine their two loves with an Ethereum smart contract they can use to gamble on the Superbowl.
Gambling with cryptocurrencies is nothing new. As a matter of fact, in a report by Credit Suisse this summer gambling ICO’s dominated the market by sheer number. As a matter of fact, whole ICO’s, such as XWIN have been dedicated to creating a trustless platform for sports gambling.
None of these platforms are live yet and many are still months out from conducting ICO’s. Even so, what differentiates CryptoBowl is how simple it is. It’s about 1200 lines of code on an Ethereum contract. It simply checks WolframAlpha‘s API to see who won the Superbowl and makes payouts accordingly. The smart contract utilizes Oraclize.it’s API in order to communicate the results back to the smart contract. In the midst of the cryptomania as of late, it’s simplicity is incredibly refreshing.
For more details, please visit:
https://www.ccn.com/you-can-now-bet-on-the-superbowl-in-etherum/