Bet

We support users to bet with a variety of cryptocurrencies, including stablecoins (USDC/USDC/DAI…), mainstream coins (BTC/ETH/MATIC…), PXT. And support Back, Lay and other different betting methods. In operation, users deposit a variety of cryptocurrencies as collateral (Collateral) into the betting account, and the account automatically calculates the amount that can be bet (in USDC as the denomination unit).

The available betting amount for the betting account is:

Available betting amount = collateral value (betting) + profit and loss - betting amount

Collateral value (betting) = collateral market value × discount coefficient (betting)

Discount coefficient (betting): 0 < discount coefficient (betting) ≤ 1.0. The stable currency is 0.95-1.0, the mainstream currency is < 0.7, and the PXT is < 0.5. For details, please refer to the discount coefficient table.

At the same time, we also support different betting markets, including 1X2 (win-lose-draw), Asian handicap, goals and other markets