Degens, formally known as SportCrypt is a decentralized peer to peer sports betting exchange that has been live on the ethereum blockchain since 2017.
With a typical sportsbook, the players bet against the house at odds determined by the house. No wonder the house always wins!
Enter Degens, where you can be the house and set your own odds.Your bets are matched peer to peer with those with a contrary opinion on the outcome of a match, eliminating the house and its associated fees from the equation.
Degens didn't invent the sports betting exchange concept, Matchbook and Betfair pioneered this concept over a decade ago, proving the viability and popularity of the exchange model. Degens has taken this model and integrated revolutionary ethereum smart contract technology which provides the following advantages for players:
#1) Self custody.
Degens is decentralized and uses open source smart contracts thus player funds are always in your control.
No sign-up required. Privacy ensured.
#3) Unstoppable winning.
Degens doesn't block any players nor any regions.
#4) Industry's lowest fees.
0.5% on winning bets.
Bets are made using Ether, the native cryptocurrency of the ethereum blockchain as well as DAI, the leading decentralized stablecoin that tracks the US Dollar.
Visit us at https://www.Degens.com