SX Bet

SX Bet (formerly SportX) is the largest blockchain-based sports betting exchange by volume. Built on the Polygon network, it allows users to bet peer-to-peer using cryptocurrency (USDC, ETH) directly from their non-custodial wallets like MetaMask.

Because it is a decentralized exchange (DEX) for sports, SX Bet does not hold user funds, eliminating custodial risk. It offers better odds than traditional bookmakers and rewards users with SX tokens for betting (bet mining). It is a legitimate Web3 betting platform that is transparent and governed by its community.

Frequently Asked Questions

1. specific gas fees?

Since SX Bet runs on the Polygon network (and its own SX Network), gas fees are extremely low, typically fractions of a cent. This makes it viable to place small bets without the fees eating into your potential profits.

2. Do I need to deposit?

No, SX Bet is non-custodial. You bet directly from your Web3 wallet (like MetaMask or Email/Magic Link wallet). The funds move to a smart contract escrow for the duration of the match and return to your wallet instantly if you win.

3. What is the SX token?

The SX token is the governance and utility token of the platform. You earn SX tokens as "staking rewards" simply by betting on the platform. Holding staked SX tokens can also reduce your betting fees and give you voting rights.

4. Is it available in the US?

SX Bet uses geo-blocking to restrict access from the United States and other sanctioned jurisdictions to comply with regulations. Users in restricted areas cannot access the trading interface.

5. specific betting limits?

As an exchange, limits are determined by liquidity (how much other users are willing to bet against you). However, SX Bet has deep liquidity for major sports, often allowing for wagers in the thousands of dollars.