The NHL 2022-23 season has started relatively recently, on October 7th, but it seems that Canadian bettors and passionate hockey fans have already found their new favorite platform to place their bets on: Dexsport.
Dexsport, a new entrant in the online sports betting market, has quickly gained popularity among Canadian bettors due to its user-friendly interface and wide range of betting options, and revolutionary features. Users can place their bets with various cryptocurrencies by simply connecting a Web3 wallet to their account. The platform offers a variety of bets on all NHL games, including traditional bets such as moneyline and point spread, as well as more unique options like alternate lines, grand salami and puck line. The website is very easy to navigate even for those who are not very familiar with betting and cryptocurrencies.
“But I know other websites that allow using crypto. Why not use them?” – You might ask. Well, here is the answer to this question: What really sets Dexsport apart and makes it so innovative is that it’s the first decentralized betting platform in the world that uses blockchain to provide its users a safe space for betting, without any regional or bank restrictions. Canadian bettors can place bets on a wide range of in-game events not only when it comes to hockey but for various sports and esports without having to worry about the transactions being declined by their bank, and regardless of their physical location. This feature helped Dexsport to gain popularity among sports fans all around the globe. Regular centralized bookmakers, even the ones that allow users to place bets with crypto tokens, have to abide by the strict local laws. Each platform that wants to operate in Canada has to get licensing in each province it’ll be available in, and is going to be strictly managed by the local authorities. This system is proven to help the creation of gambling monopolies, and as a result customers get unfair odds, low coefficients and high withdrawal fees. But it’s not the case with Dexsport. Being a decentralized platform it exists solely in Web3 space, therefore it has complete autonomy. It allows the company to provide fair odds and a wide range of betting options.
Another innovative feature of this platform is a shared pool of liquidity. If you ever used traditional betting exchanges, you know how difficult and time-consuming it might be to find a deal. Let’s say you want to lay a $1000 bet using your regular betting exchange. For the deal to be made you have to either find an opponent who will be willing to risk the same amount of money, 10 opponents who’d place 100 dollar bet each, or 100 opponents who’d bet 10 dollars each. Sometimes it takes hours. But in case with Dexsport all the tokens are deposited into a shared pool. When you win a bet, your winnings just get pulled out of the pool. This helps to get your payout immediately in the case of winning a bet, and helps the platform provide the best odds possible.
It's clear that Dexsport is poised to be a major player in the Canadian sports betting market. Its combination of user-friendly interface, availability, wide range of betting options and unique features have made it a hit among Canadian bettors, and it looks like it will only continue to grow in popularity as the season goes on.
