Sports Betting Blockhain Projects

I will continue these little reviews as new Sports Betting Related Blockchain Project keep popping up. Few of them so far have shown to be usesul when it comes down to fitting the needs for more Professional Players. My approach is to have an extremely critical view on all these ICO's which reflects on how I generally write about them. When they prove me wrong over time I will be happy to change my personal view!

Proof Of Toss is the next one on the list and right off the bat it was hard for me to take this serious since the first thing you see on their website in huge letters is "EVERYBODY WINS". This is simply factually incorrect even if they would offer 2.1-2.1 odds!

I still roughly went through their Whitepaper to get a better view on what they try to do. One of the first things they mention is their token sale (not a good sign), followed by how online betting currently operates is fraudulent, takes forever to verify, how you have no control,... I have said many times before that these are all non factors when it comes down to online betting which has proven to be very reliable, fast and safe for many years for me.

The reason blockchain will be able to revolutionise this industry is because it should allow much lower margins and always welcome winning players in a fair transparant way!

Proof Of Toss will for as far as I understand sell their tokens on Ethereum and swap them over afterwards because they will be using RSK Smart Contract platform (never heard of it) which it seems to operate with SBTC ( also never heard of it) as a form of gas. Their TOSS tokens of which there wil be 1 billion will have to be used to place the bets.

What they aim to do

The ecosystem is aimed at offering new opportunities for both the P2P and bookmakers. All parties engaging with the ecosystem will be able to do one or more of the following - create wagers, bet on various outcomes and/or verify the outcome of an event. The system will allocate funds automatically and instantly through the use of smart contracts, eliminating third parties, fraudulent activities and significantly reducing transactional costs.

Oracles This has been the most interesting idea of their project to me. From what I understand everyone would be able to participate as an oracle and wager their own TOSS tokens on giving correct outcomes. When you make a mistake you can lose what you put on the line while you can earn something for putting in correct results.

Conclusion

To me this project has got an interesting idea when it comes down to oracles, but just like most of the others does not really spark my interest in any way.

List of Available Blockchain Sports Betting Projects
(* The ones I look to try out myself)

Project	Type	Website
Wagerr *	Sports Betting	wagerr.com
Bookie *	Sports Betting Exchange	bookie.exchange
(^Peerplays)	(^Bookie Platform)	(^Peerplays)
Betterbetting *	Sports Betting Exchange	Betterbetting.org
Blitzpredict *	Betting Broker	blitzpredict.io
Sportcrypt	Smart Contract Betting	sportcrypt.com
Augur	Prediction Markets	augur.net
Gnosis	Prediction Markets	gnosis.pm
Stox	Prediction Markets	stox.com
decent.bet	Sports Betting - Casino	decent.bet
Fansunite	Sports Betting	fansunite.io
Proof of Toss	Sports Betting Platform	toss.pro
Marginless	Sports Betting Exchange	marginless.io
Graz	Sports Betting Exchange	graz-ico.com
Betrium	Sports Betting	betrium.co
Xwin Cryptobet	Sports Betting & Casino	xwin.io
Crypto Sportz	Smart Contract Betting	cryptosportz.com
Bethereum	Social Betting	bethereum.com
Gifcoin	ICO Book Profit Share	gifcoin.io
Hero	esports Betting	herocoin.io
Gimli	esports Betting	gimli.io
Unicoingold	esports Betting	unikoingold.com
Let.Bet	Betting, Poker & Casino	let.bet
Goal Bonanza	Correct Score Lottery	goalbonanza.com
Betmaster	Sports Betting	betmaster.io