DexWin Web3 Sportsbook Review

What is DexWin?

DexWin is revolutionizing the sports betting landscape as the most fair and immersive Web3 sports betting platform. It stands out as the first and only Web3 platform offering LIVE BETTING on sports with the added benefit of Boosted Odds, ensuring bettors can enjoy a seamless and dynamic betting experience.

Security and Transparency

DexWin prioritizes user security by holding all funds in audited smart contracts, ensuring a fully safe and secure environment. Built on the blockchain, the platform offers a decentralized, transparent, and inexpensive betting experience, with no geographic restrictions or cumbersome KYC processes. Users enjoy near-instant deposits and withdrawals, putting control firmly in their hands.

Exciting Rewards and Bonuses

Betting on DexWin comes with lucrative rewards. Players earn DexWin Points and Azuro Score, paving the way for not one, but TWO substantial AIRDROPS simply by placing bets. Furthermore, DexWin offers the highest BONUSES among all sportsbooks globally, boosting your balance with every deposit and bet placed.

DexWin also offers Monthly Cashbacks and a % of referral stake.

Extensive Sports Coverage and Betting Options

DexWin caters to a wide range of sports enthusiasts, offering over 15 sports and an impressive array of betting markets, including Periodic, Exotic, Player Props, and Endings. The platform is also the FIRST LICENSED WEB3.0 SPORTSBOOK, providing LIVE BETTING, BOOSTED ODDS, and GAS-LESS BETTING OPTIONS. DeexWin is also LIVE with US Presidential Election prediction markets. Casino games will be coming soon. The variety and flexibility make DexWin a top choice for all sports bettors.

DexWin’s Unique Solution

15 Second Withdrawals: Enjoy the convenience of rapid withdrawals from anywhere with internet access.
Best Odds Globally: Benefit from the best odds available, with a 0.1% House Edge—50 times lower than the average competitor.
Hack-Proof Security: Blockchain technology ensures user funds are hack-proof and securely held.
User-Controlled Funds: Bettors retain trustless control of their funds at all times.
Simplified User Experience: The platform’s immersive UI/UX design enhances user engagement and activity.

Easy Sign-Up Process

DexWin understands the importance of a fast and user-friendly experience, especially for bettors new to Web3. DExWin makes it possible for users to access world-class betting markets using Metamask.

Once logged in, users can easily deposit tokens and start betting.

In this demonstration, weee’ll be using MetaMask.

You have the option to enjoy a no gas-fee experience if you choose to bet from the DexWin wallet but you can also opt to pay the gas fee since it is cheap on a layer 2 such as Polygon and bet without making any deposits.

You can buy crypto on an exchange such as Binance. Once you have some crypto to bet with you can proceed to place your bets.

Depositing Funds

Currently, DexWin supports betting with USDC and USDT on the Polygon Mainnet. Switching between these tokens is simple using the Token Switcher toggle on the app. Users can deposit USDC via a non-custodial wallet or exchange.

Placing Your First Bet

Once you have USDC or USDT in your DexWin wallet, you’re all set to place your first bet and start winning.

Simply choose the type of sport and event you wish to bet on. In this demonstration, we’ll place a bet on a boxing match and pick a favourite, choose how much we wish to place on the bet and we can also see how much we stand to win, odds considered.

You can set a spending cap to ensure that you only spend what you want to.

Approve the smart contract interaction with your wallet.

Pay the gas fee.

You’ll be notified of the bet confirmation.

We’ll place another bet on a different sport i.e. MMA.

The process is the same i.e. set spending cap, approve, and place bet, pay gas fee and get bet confirmed.

Claiming Your Winnings

Basketball Bets: Winning bets on Basketball are auto-claimed, with winnings credited directly to your DexWin balance.
Other Sports: For all other sports, winnings need to be manually redeemed by navigating to the “My Bets” section, clicking the “Redeem” tab, and selecting the “CLAIM” button.

Referral Program

You can join the referral program to earn passive income from a multi-level referral bonus structure.

Withdrawing Tokens

DexWin ensures you maintain ownership and control over your funds. Tokens can be withdrawn at any time using either of the following methods:

Withdraw to Wallet: Transfer your funds directly to your wallet.
Withdraw to Exchange: Move your funds to an exchange.

Tokenomics Overview

Total Supply: 100M
Initial Circulating Supply: 10M
Emission: Solely through vesting

Ecosystem and Community

Ecosystem: DexWin operates within a robust ecosystem, boasting over $390M+ in GambleFi Volume, particularly in Sports Betting.
Community: The platform has a thriving community of over 28,000+ crypto gamblers.
Dual Token Airdrop: Every wager made on DexWin is eligible for a Dual Token Airdrop, rewarding users with both $DWIN and $AZUR tokens. Two airdrop snapshots have already been completed.

Token Vesting Schedule

Vesting Schedule: The specific vesting schedule for $DWIN tokens will be determined based on market conditions closer to the token launch.

Token Distribution

Seed: 10%
Team: 15%
Private Token Sale: 10%
Other Web3 Projects: 8%
Independent Influencers: 7%
Community Airdrop: 12%
Ecosystem: 18%
Treasury: 15%
Highrollers: 5%

$DWIN Token Utility and Functionality

Placing Bets with $DWIN: $DWIN tokens can be used to place bets and participate in all activities on DexWin, including copy bets.
Bet with Boosted Odds: Users can stake $DWIN tokens to receive Boosted Odds, with the boost depending on the amount and duration of tokens staked.
Earning Platform Revenue: Staking $DWIN tokens allows users to partake in DexWin’s revenue generation model, earning a proportional share of the monthly revenue.
Rewards and Incentives: $DWIN tokens serve as rewards for participation, winning bets, referral bonuses, loyalty rewards, and engaging in platform activities like contributing to liquidity pools.
Governance: Token holders will have governance rights, enabling them to vote on platform upgrades, changes to tokenomics, or strategic decisions.

Points System and Factors Considered

Stake: The more $USDT staked on bets, the more points are earned.
Odds: Higher odds on bets lead to higher points accumulation.
Referrals: Referring friends who deposit and bet multiplies point accrual.
Win%: DexWin rewards players who lose more than they win, offering more points as a form of compensation.
Early Adopters: Early adopters and supporters of DexWin receive more points as a reward for their initial participation.
Loyalty: The longer a player has been betting on DexWin, the more points they can earn.
Vig or Spread: Betting on higher vig odds results in more DexWin points. Users can check the Smart option for each market.

Large Stake Multiplier:
- If stake > 500, LargeBetMultiplier = 2
- If stake > 1000, LargeBetMultiplier = 3
- If stake > 2500, LargeBetMultiplier = 4
- If stake > 5000, LargeBetMultiplier = 5
- If stake > 10000, LargeBetMultiplier = 6
- If stake > 25000, LargeBetMultiplier = 8

Conclusion

DexWin offers an unparalleled sports betting experience, combining the fairness, security, and transparency of blockchain with the excitement of live sports betting.