Sports Betting Blockchain Projects | April 2020 Report

By costanza | costanza | 29 Apr 2020

There are many Sports Betting Blockchain projects in development. I'm trying to stay up to date and make a roundup of the listings, price action along with news updates on a monthly basis...

Market Overview

Green across the board this month despite the Corona Situation which should in theory cause issues for most projects that have a working product out. The trend of all coins moving up if the market moves up regardless fundamentals remains so far and only Bethereum managed to lose ground in the last 30 days (-30%)

In last months report (Link) I wrote this:

The price back then was at 0.000164$ and it exploded last month to 0.0017$ to drop back down to ~0.0008$ good for a 400%+ increase. I did take some profit selling 20% of my bags on the way up but missed the top. There was no news whatsoever until today where they announced that they will be adding more casino-style gaming to be less reliant on Sports alone partnering up with Goldenrace and earnings (minus costs) will get Burned in BETR reducing the supply which increases the price in the process. The news announcement can be found here. Esports bets are also still available to bet on using EOS, ETH or BETR on Betr.bet

Not much news from Scorum as Betscorum remains a ghost town. When it comes down to the blogging part of the platform, adds seem to have been added (I don't see them using an ad blocker) and the reward pool seems to have gotten reduced by 80%+ with a certain period has passed as stated in the white paper. I guess the reward pool from now on will be more based more on actual revenue. The price might go up because of reduced selling pressure, but it's a big question mark if there is going to be enough reward pool from ad revenue to keep the activity going.

I continue to actually enjoy Wink.org, at least the dividend earnings and Poker who are the 2 beatable things on the platform. They actually have a lot of active users and are earning a daily revenue of over 40k Dollar right now based on the Dividend calculations (If I did them right). They also continue to grow according to their MonthlyWink Report (See Article) seeing an increase of paid out TRX from 124 TRX to 240 TRX for 1 Million WIN Frozen.

Some bad news last month from Sportbet.one as they got hacked losing part of their funds in the process. No user funds were lost and they seem to have been able to not suffer all too much from it financially. The trading pair one Newdex was halted for a while but everything has resumed as normal by now with the team still offering both a buy and sell wall on the exchange. They did change their logo and also added USDT as an option to take bets with moving the project forward at a nice pace as usual. The Betting drought has put a lot of pressure on the dividends causing the price to drop a bit.

Bookies with a working platform are getting creative and Degens.com added politics to their events to bet on and still have around 38k betting turnover on esports the last 7 days.

Wagerr.com updated their Roadmap recently, they also continue to add more leagues and extended their partnership with Techpas to improve their UI/UX. Overall they continue to make good progress moving forward with their plans.