I try to stay up to date with all the latest news and developments from Blockchain Projects that offer Sports Betting making a report each month with my personal experience and insights on how this space is evolving.
Market Overview
December traditionally is a slow month as many devs take time off for the holidays. There have been a couple new project that caught my eye which I will be taking an initial look at in this post. The platforms that I'm currently still am most invested in and actually use on a regular basis are Sportbet.one | Betfury.io | Wagerr.com | Xfun.bet and in a small way sx.bet. Iit's nice to see all survived and most are among the best performers in the last year.
2022 Best Performers
Just for the start of the new year I'm breaking down the best (or least bad) performing Sports Betting related Coins...
| Rank | Project | Coin | 2022 Price | 2023 Price | % |
|---|---|---|---|---|---|
| # | Sportbet.one | SBET | 0.002609$ | 0.003015$ | +4% ** |
| # | Betfury.io | BFG | 0.01693$ | 0.012$ | -29% ** |
| # | FUNToken | FUN | 0.01019$ | 0.006083$ | -40% |
| # | Decent.bet | DBET | 0.0006723$ | 0.000354$ | -47% |
| # | Sx.network | SX | 0.3958$ | 0.15$ | -62% |
| # | Augur | REP | 14.74$ | 4.43$ | -70% |
| # | Dexsport | DESU | 0.02926$ | 0.0081$ | -72% |
| # | Wagerr | WGR | 0.02237$ | 0.0050$ | -78% |
| # | Zensports | SPORTS | 0.0001568$ | 0.00002098$ | -87% |
| # | BlitzPick | XBP | 0.001356$ | 0.00011$ | -92% |
| # | Vanilla Network | VNLA | 6.04$ | 0.4197$ | -93% |
| # | Betswap | BSGG | 0.04381$ | 0.0023828$ | -95% |
** Before Dividends Payout
These are the coins that made it as many others got delisted or are no longer tracking on Coinmarketcap. I will do another round of fully removing projects that failed like bethereum next month.
betu.io looks to be a centralized website and company that issues the BETU token which gives holders certain benefits. It seems to be split in 3 different projects that support this token. The betu.io site where you can bet, the betuverse.io which is a metaverse casino and earnu.io where players that hold BETU can freely make predictions to earn more BETU.
The main thing I look at always is if this is a platform I would use myself and to what degree. They do offer Belgian football and quite a large range of bets but the odds aren't really competitive.
Odds Comparison on Standard vs Stvv match
| Bookie | 1 | x | 2 |
|---|---|---|---|
| betu.io | 2.490 | 3.200 | 2.750 |
| Sportmarket Pro | 2.660 | 3.220 | 2.901 |
| Sportbet.one | 2.520 | 3.300 | 2.720 |
| Wagerr.com | 2.550 | 2.340 | 2.820 |
| Betfury.io | 2.490 | 3.200 | 2.750 |
| XFun.Bet | 2.450 | 3.200 | 2.680 |
| Bookie | O 2.5 | U 2.5 |
|---|---|---|
| betu.io | 2.010 | 1.720 |
| Sportmarket Pro | 2.143 | 1.780 |
| Sportbet.one | 2.080 | 1.740 |
| Wagerr.com | 2.120 | 1.760 |
| Betfury.io | 2.030 | 1.730 |
| XFun.Bet | 2.080 | 1.730 |
Pretty much their odds are the worst and Sportmarket Pro which is my main betting broker continues to be unrivaled when it comes down to offering the best odds.
Betu also doesn't seem to offer Asian handicaps, they require to create an account and deposit funds and also don't have corner markets which are the most interesting for me. So overall, there is not enough there to really get me as a potential customer let alone an investor in their coin.
The BetU token is sitting at 0.024$ which represents a 2.58 Million dollar market cap on the tokens that are in circulation and a 24 Million fully diluted market cap. Overall conclusion = in its current form not for me but I'm also not fully disregarding it.
aggle.io right now very much looks like an unfinished product the at first sight has not managed to convince me even though I also haven't looked that deep into it. There have just been too many of these projects that throw out the same catch phrases and I mosty look right now at what I actually would use. Aggle right now is just far away from that. This is what coinmarket says what they are about:
aggle.io is an innovative and readily developed sports betting exchange built on the Binance Smartchain. Our goal is to empower everyone on a global scale to get into the profitable driver's seat of a bookmaker. We want our customers to achieve positive results in the long run. Motivated by the devastating issues which the online betting industry is facing right now, we have developed a complete platform to: 1. Ensure long-term profitability potential for everyone. 2. Reduce unfair odds due to high implied bookmaker markups. 3. Eliminate artificial payout barriers for bettors with large winnings. 4. Prevent money laundering practices by dubious players. 5. Ensure trust within our community and customer base. aggle.io is not just another sports betting odds provider, but a truly revolutionary exchange, similar to AirBNB for holiday housing: Anyone can securely offer their own odds, which can then be purchased by other bettors. Our intelligent allocation of quotas ensures maximum odds for bettors and even allows safe bets, while properly valued odds also ensure expected profits for bookmakers
Wagerr.com/sportsbook remains one of the projects I follow the most and the longest as I still see some potential at least for a price pump at some point in time. I reduced the data in the chart below skipping previous years since I started tracking. The supply continues to go up which means that bettors are pretty much beating their system. It is not to the extent where the increased supply is a major issue at least not at current prices.
| Month | Total Supply Change | Change | Total Bet | Volume $ |
|---|---|---|---|---|
| July 2020 | +7,546,461 WGR | - | - | - |
| January 2021 | +9,418,870 WGR | +779,991 WGR | 570M WGR | - |
| January 2022 | +29,269,337 WGR | +10,747,096 WGR | 1,165B WGR | 2.9M |
| February 2022 | +31,819,476 WGR | +2,550,139 WGR | 1.217B WGR | 1.1M |
| March 2022 | +28,303,524 WGR | -3,515,952 WGR | 1.284B WGR | 1.6M |
| April 2022 | +37,689,941 WGR | +9,386,417 WGR | 1.351B WGR | 1.4M |
| May 2022 | +38,914,960 WGR | +1,225,019 WGR | 1.383B WGR | 462k |
| June 2022 | +38,514,659 WGR | -400,301 WGR | 1.393B WGR | 123k |
| July 2022 | +38,819,256 WGR | +304,597 WGR | 1.403B WGR | 77k |
| August 2022 | +39,234,305 WGR | +415,049 WGR | 1.423B WGR | 136k |
| September 2022 | +38,180,565 WGR | -1,053,740 WGR | 1.449B WGR | 171k |
| October 2022 | +39,566,970 WGR | +1,386,405 WGR | 1.484B WGR | 280k |
| November 2022 | +40,953,375 WGR | +1,386,405 WGR | 1.518B WGR | 190k |
| December 2022 | +43,794,404 WGR | +2,841,029 WGR | 1.579B WGR | 306k |
Listed Projects (CoinMarketCap)
30/11/2022 --> 05/01/2023
| Rank | +/- | Project | Token | MCap | Price | 24h Vol |
|---|---|---|---|---|---|---|
| 264 | (-9) | FUNToken | FUN | 67M | 0.006083$ (-6.9%) | 1M |
| 330 | (-49) | Augur | REP | 49M | 4.43$ (-24.9%) | 10M |
| - | (-) | Betfury.io | BFG | 37M | 0.012$ (-14.347%) | 362k |
| - | (-) | SX Network | SX | 15M | 0.15$ (-5.7%) | 226k |
| 1049 | (New) | betu.io | BETU | 2.6M | 0.02415$ (-%) | 148k |
| xxx | (-) | Sportbet.one | SBET | 1.5M | 0.003015$ (+26.5%) | ??? |
| 1313 | (-14) | Wagerr | WGR | 1.1M | 0.0050$ (-10.6%) | 1.3k |
| 1405 | (-23) | Dexsport.io | DESU | 832k | 0.0081$ (-19.88%) | 1.7k |
| 1809 | (-123) | Vanilla Network | VNLA | 238k | 0.4197$ (-35.43%) | 53$ |
| 2152 | (+300) | Decent.Bet | DBET | 9k | 0.000354$ (+600%) | 13$ |
| 2259 | (-24) | Blitzpick | XBP | 42k | 0.00011$ (-9.3%) | 245$ |
| 3272 | (+696) | OwlDAO | OWL | - | 0.008129 (-32%) | 151k |
| 3307 | (-) | Betswap.gg | BSGG | - | 0.0023828$ (-30.5%) | 141k |
| 5528 | (+32) | zensports | SPORTS | - | 0.00002098$ (+11.2%) | 1.3k |
| - | (-) | Scorum | SCR | -k | -$ | -k |
| - | (-) | Acedbets.io | ACED | - | - | - |
| - | (-) | Bitbook Gambling | BXK | - | - | - |
| - | (-) | Degens | DEGENS | - | - | - |
| - | (-) | Peerplays | PPY | - | - | - |
| - | (-) | Bethereum | BETHER | - | - | - |
| - | (-) | Stox | STX | - | - | - |
| - | (-) | Defibet.pro | DBET | - | - | - |
| - | (-) | betswamp | BETS | - | - | - |
| Project | Token | Type | Website |
|---|---|---|---|
| Fairlay | BTC | Exchange | Fairlay.com |
| Marginless | MRS | Betting Exchange | marginless.io |
| Fansunite | FAN | Sports Betting | fansunite.com |
| Mevu | MVU | Social Betting | mevu.bet |
| Gifcoin | GIF | ICO Book Profit Share | gifcoin.io |
Previous Monthly Reports On Blockchain Betting Projects
Crypto & Blockchain-Based Bookies and Exchanges that I'm personally using as they allow anonymous betting with no KYC or personal restrictions...
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