Dexsport Crypto Betting Platform Review

ChainPlay

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one month ago

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GambleFi is an innovative niche combining DeFi, iGaming, and betting to create a transparent, blockchain-powered betting ecosystem. Dexsport, a leader in this space, offering freebets and special personalized promo codes to new customers, betting on top world championships, arcade games, and esports free bets up to $1,000 for betting. 

Emerging from the boom of the early 2020s, GambleFi platforms like Dexsport allow users to experience gamification on all levels, including product, community drivethru, leaderboards, etc. GambleFiplatforms arereshaping digitalgambling to be more transparent and community-driven. With instant blockchain-enabled payouts, GambleFi platforms are reshaping digital gambling to be more transparent and community-driven. In 2023, Data Bridge conducted an extensive study of the gambling market. At the time of the study's release, the market was valued at $160bn and with good growth prospects. The market is expected to double to 320bn by 2031.

Dexsport Review  

Dexsport is a safe betting protocol that combines decentralization with gamification and several elements of the traditional betting infrastructure. On the site you will find sports tournament betting, mini-games and arcades.

This platform is aware of the transparency issues and personal data leaks that are often associated with the betting sector, which is the reason behind its decentralized structure. Operating as a blockchain-based anonymous betting platform, Dexsport doesn’t collect any customers’ personal data and other sensitive information.

The major highlight of this betting platform is the intuitive and secure betting environment it provides, with no intermediaries. Also, there are no stringent registration requirements, and no user verification. Dexsport has its own token, but you can bet in any cryptocurrency supported by the bookmaker. interact with multiple blockchains including TON, Avalanche, Polygon, BNB, and others.

Although it started operations in 2022, Dexsport has obtained licenses as a standard crypto betting platform. It has a license under the laws of the Autonomous Island of Anjouan, Union of Comoros. 

Below in the Dexsport review, we will analyze some of the features that make this platform stand out from many other crypto and sports betting platforms. 

Web 3.0 Decentralized Betting 

Experienced bettors prefer platforms with no hidden charges and full transparency. Even while offering transparency, these gambling platforms must also ensure users' information privacy and security. The bookmaker does not collect personal information about customers, which makes the game more anonymous and safe. This is the reason behind the Web3 decentralized betting Dexsport offers. Bringing together blockchain technology, machine learning, and artificial intelligence helps Dexsport eliminate any form of centralization and censorship. 

Speedy Deposits and Withdrawals 

Some of the best crypto betting sites and platforms offer little deposits and withdrawals compared to Dexsport. Even crypto-accepting platforms will require a user to make deposits from separate wallets manually, as well as to go through KYC procedure. Hence, users often have to wait longer before they can access their winnings because of how time-consuming it can be. 

At Dexsport you will not have to wait for the verification of documents, as the bookmaker does not verify users. After authorisation on the portal and receipt of winnings, the player can immediately order a withdrawal.

Dexsport is one of the few betting platforms that simplifies the process by allowing users to connect their Trust Wallet or MetaMask. They can also use WalletConnect to Dexsport, making the process easier and faster than manual methods. 

Shared Pool of Liquidity 

Dexsport uses a shared pool of liquidity, which sets it apart from many other betting websites. Because of this structure, any money that is deposited or withdrawn from Dexsport must pass through the pool of liquidity. Here's how it works. 

If the player's bet is correct and calculated as a winning bet, their prize money is taken from this liquidity pool. However, if the user were to lose a bet, the funds stay back in this liquidity pool in case of future bets.

For instance, if the shared pool has around 200k tokens and 5 players deposit 2k tokens each, with a bet at an odd of two. If you add the players' deposits to the shared pool, it will have a total of 210k tokens. Assuming the players win their bet, the shared liquidity pool will have 190k tokens left. Basically, whatever betting transaction that happens at Dexsport regarding payouts passes through the shared liquidity pool. 

Improved Security 

Dexsport has more security than some of the best Bitcoin sports betting sites. It benefits from the security advantages of Web3 as hacking a decentralized system is more tasking than a centralized counterpart. The integration of encrypted connections and smart contracts ensures that user funds and money transfers are kept away from hackers. 

To back up their claim, Dexsport has several audits from external and independent organizations that uphold their security standards. For instance, the betting platform is audited by Certik and Pessimistic Security. Certik is more focused on DeFi and blockchain initiatives of the platform while the Pessimistic Security objective is on the security challenges for blockchain enterprises and projects. 
 

To join the portal you just need to complete a simple registration. Dexsport offers several options. A player can specify an email address or authorise through a Telegram profile. It is also possible to register by adding a cryptocurrency wallet: MetaMask, TrustWallet, Bitget wallet, OKX Wallet, KuCoin Wallet, 1inch Wallet, Tronlink.

Exciting Casino Gaming Features 

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Dexsport is among the best casino crypto betting platforms, introducing many exciting features that make their game stand out. The portal focuses on arcade and crash games. They differ from slots by the greater influence of users on the gameplay. In Dexsport you can play Crash X, AERO, Dice Twice and other games.  While the platform is committed to security and transparency in its operations, it lacks classic games like blackjack and roulette. Still, the exciting and intuitive interface it offers for existing cane titles makes all the difference.

The gamification Dexsport offers is something many other betting platforms don't have. Some betting websites are solely focused on bets, leaving out some exciting games and features. At Dexsport, users can start having fun immediately after signing up by playing games and bets with other players. They can compete for the leaderboard and other similar activities. 

Variety of Languages and Cryptocurrencies 

Some betting platforms are only available in English and sometimes other popular languages like French. That's not the case for Dexsport. It offers more than 5 languages, including Portuguese, German, Japanese, Turkish, Mandarin, English, Spanish, French, and Hindi. 

It is also a fact that some of the Bitcoin best betting apps only accept Bitcoin as their crypto deposit and withdrawal method. That's not the case for Dexsport. The betting platform offers 40+ cryptocurrencies such as AVAX, TON, TRX, PEPE, DOGE, ETH, USDT, BNB, BCH, NOT, BTC, USDC, LTC, and POL. Assuming a user doesn't want to use stablecoins, they have a wide range of other cryptocurrencies to choose from. 

Absence of KYC 

Dexsport KYC is a term users won't come across when using this platform because it doesn't exist. This is one of the features that makes Dexsport the best betting platform in this category and truly a Web3-native project. For the registration, users can either complete this by submitting their email address or connecting their wallet. Personal data such as user name, date of birth, ID card number and others are not requested by Dexsport. It uses the blockchain smart contract, allowing users to feel the transparency and avoid sharing sensitive information. 

Interesting Live Betting Feature 

The live betting feature on Dexsport is a also a convinient one, providing sports fanatics with an average of 30 live matches during the active hours of the day. One of the exciting details about this feature is there are a variety of sports such as football, hockey, basketball, and many others. As the action unfolds in different sporting events and arenas, Dexsport allows users to place their bets and win big. 

User-friendly Interface 

One of the defining features of Dexsport is the user-friendly interface it offers. In some betting websites, the services on their interface are often scattered and old-fashiend, making it hard for users to find what they are looking for. Furthermore, they are usually centralized, with so many intermediaries, leading to a complex procedure. However, in the case of Dexsport, it has a very intuitive interface that streamlines every process. Signing up is easy and making deposits and withdrawals is smooth and takes a few minutes to process. In some betting platforms, it can take hours or even days before users can receive their payouts. 

VIP Program 

The VIP program Dexsport offers competes with some of the top betting websites. Those within the VIP program can earn cashback and other rewards depending on their level. There are levels 1 up to level 4 at Dexsport, and the amount of cashback a user receives depends on their amount of losses. For instance, those in level 1 can receive cashbacks if they had losses of 2.500 USD and more. Those in level 2 receive cashback if they have losses of 7.500 USD and more. Level 3 requirement is 15.000 USD and more while level 4 is 30.000 USD and more. 
 

New customers are welcomed by the bookmaker with a freebet on their first three deposits. Players can pick up a free bet of $100 for each deposit. The size of the reward is +15% of the first, +20% of the second and +25% of the third deposit.With the start of the NBA regular season, Dexsport offers a $20-1000 freebet once a week. The size of the free bet depends on the total amount of bets on NBA and cyberbasketball for the previous week:

$20 freibet - bet turnover 200-499;

• 50 - 500-999;
• 100 - 1000-1999;
• 250 - 2000-4999;
• 500 - 5000-9999;
• 1000 - 10,000 or more.

The promotion will run until the conclusion of the 2024/2025 NBA playoffs.

Is Dexsport a scam or legit?  

Many readers will ask, is Dexsport a scam? It is a legitimate blockchain-based decentralized betting platform designed to bring transparency, user control, and accessibility to online gaming. By using smart contracts, the platform ensures that all transactions and bets are tamper-proof and verifiable. This decentralized approach removes the need for traditional intermediaries. Dexsport’s approach helps bring fairness and reduces the risk of manipulation.

Besides this, Dexsport is also backed by some of the top organizations in the world. DAO.vc - a decentralized autonomous, all-in-one solution for the venture capital industry is among the supporters of Dexsport. Furthermore, the first decentralized IDO platform for the Binance Smart Chain network named BScPad supports Dexsport. Other supporters of this decentralized project include DEXT Force, Black Dragon, YAY Games, Kanga Exchange, BlueMoon, SuperLauncher, and many others. 

The platform operates on blockchain technology, which ensures that all transactions are recorded transparently and immutably. Its $DESU token is important to the betting platform, used for betting, tipping, and rewards, adding utility and value for users. Features such as the donation and referral systems foster a sense of community and encourage user interaction. Dexsport uses Provably Fair technology. Provably Fair is a cryptography-based provable fairness technology that helps to ensure that an online casino is playing fair.

Dexsport’s reputation in the crypto and blockchain community is supported by its innovative features and user engagement tools. However, as with any blockchain-based platform, it is essential to approach with caution. The decentralized nature of such platforms carries inherent risks, including market volatility and potential technical issues.

While Dexsport appears to be a legitimate platform, users are advised to perform their research and assess all gambling-associated risks before participating. Ensuring due diligence is important to having a secure and positive experience.

Conclusion

In our review, we believe Dexsport makes some difference among many other betting platforms with its blockchain and web3 integrations. Fast payment systems, no KYC, massive rewards, decent VIP program, security, and an intuitive interface are among the differential features of this betting platform. 

Our editorial team believes Dexsport is a trustworthy platform. They have completed a Certik audit and have been established on the market for several years. We encourage readers to try it out and DYOR (Do Your Own Research).