this post was submitted on 15 May 2024
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Monero

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Hello,

For background please check these posts: https://monero.town/post/2748829 https://monero.town/post/2818104 https://monero.town/post/2983582

Now we decided to remove fees in bets to see if it helps increasing adoption.

So far the biggest challenge has been for users to coordinate among themselves to create bets and the respective automatic multsig-wallet generation.

We changed the time window from 6 hours before event start to 1 hour. We saw some more bets taking place as a result, but because we have so few users right now, chances of bet offers being spotted and accepted by other users have been low.

On the bright side we see that the typical odds being offered tend to be 10 to 15% better that what you typically find in sports betting websites. That should not be a huge surprise since there is no "house" taking a huge spread in each bet, so all the bets tend to be fair bets. One more benefit of disintermediation.

We have also added a donation url for anyone that would like to support.

Costs so far are low but we are not Wikipedia, so any small tip helps :)

https://sigmanero.org/donation

43Gx7T673NsF7qEPvqqKeNdYF3ZQjb3HJhqcV85wfwxieJHCeB4aGyDEUHXWfqwDakfFZJya2KTwoXUqHKYpw7aASrwmx9k

Thanks!

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