Curated News
By: NewsRamp Editorial Staff
March 19, 2024
SX Bet Revolutionizes Sports Betting with Zero Fees and Cross-Chain Launch on Arbitrum
TLDR
- SX Bet has eliminated commission fees, giving bettors the advantage of paying 0% commission on all bets, including parlay bets.
- SX Bet is the first cross-chain gambling application launching on Arbitrum, offering low-cost transactions and a PoS-based consensus.
- SX Bet's elimination of commission fees and expansion onto multiple chains increases fairness and welcomes a broader, crypto-native audience.
- SX Bet rewards bettors weekly in its native governance token $SX, effectively paying them to bet, while pioneering the industry as the first cross-chain gambling application.
Impact - Why it Matters
The elimination of fees and the launch on Arbitrum by SX Bet redefines the economics of sports betting, making it more accessible and attractive to a broader audience. This move also sets a trend for the industry, potentially influencing other platforms to follow suit and benefit bettors worldwide.
Summary
The SX Bet team has eliminated fees, making it the lowest vig sports betting platform with the best odds in the world. This groundbreaking change also marks the first cross-chain gambling application launch on Arbitrum, expanding its reach to a broader, crypto-native audience.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, SX Bet Revolutionizes Sports Betting with Zero Fees and Cross-Chain Launch on Arbitrum
![blockchain registration record for the source press release.](https://cdn.newsramp.net/qrcode/353b65b808d0aef1ade90edc2bf08049.webp)