As the crypto space matures, one of the more quietly evolving verticals is decentralized betting, and few platforms illustrate that shift better than Bookmaker.xyz. Built on the Azuro protocol and integrated with Polygon, Bookmaker.xyz is hosting an open on-chain tournament with up to $100,000 in rewards, aimed at experienced Web3 bettors looking for trustless infrastructure and high-stakes competition.
The tournament is live until July 27, giving players just over a week to climb the leaderboard and compete for a share of the prize pool. Full details can be found here.
Bookmaker.xyz operates on a simple, uncompromising principle: users should be able to place bets without giving up custody of their funds, signing up with emails, or dealing with withdrawal friction. The platform removes the “house” altogether by routing all bets through Azuro’s smart contract infrastructure, with odds and outcomes resolved by decentralized data feeds.
No custodial wallets. No hidden rules. No delays.
What makes the user experience stand out further is a combination of key features that directly address the shortcomings of traditional sportsbooks:
This isn’t gamified speculation or token farming dressed up as a sportsbook. It’s a platform built for people who already bet, and want to do it transparently and efficiently.
The ongoing tournament is open to all users placing bets on Bookmaker.xyz via Polygon. No registration or opt-in is needed: just connect your wallet and start betting, eligible bets are tracked automatically.
Participants earn points based on winning bets using a simple formula:
Points = odds – 1
To qualify, individual bets must be at least 10 USDT. Lower bets won’t count toward the leaderboard.
A built-in performance boost helps active users: if your total betting volume exceeds the player average, your score gets a 2x multiplier: a strong incentive for consistency and size.
To encourage thoughtful betting, only the first bet on a given outcome counts. This discourages repetition and levels the playing field.
The prize pool up to $100,000 is split into:
All prizes are distributed directly to winning wallets with no delays, no manual claims, and no withdrawal friction.
Bookmaker.xyz’s model reflects a broader movement in Web3 away from hype-driven launches toward actual infrastructure and usable products.
The decision to integrate with Polygon is strategic: fast finality, low transaction costs, and a strong ecosystem make it ideal for real-time betting flows. Combined with Azuro’s decentralized protocol layer, the platform delivers a fully trustless experience with no centralized bookkeeper, ever.
What’s equally important is how naturally it all fits the Web3 ethos:
Bookmaker.xyz demonstrates that decentralized betting can match or exceed the UX of traditional platforms, without compromising on transparency or ownership.
While the current tournament wraps up on July 27, it’s unlikely to be the last. Based on engagement, betting volume, and the pace of product development, Bookmaker.xyz is clearly building for the long term.
Future updates could include new tournament formats, additional chain integrations, or even governance tools and liquidity incentives for power users.
But even today, the message is clear: decentralized betting is no longer an experiment. It’s fast, reliable, and already delivering value to real users and this tournament proves it.
Also read: Best Meme Coins Set to Explode in 2025: Is Future Pepe Better than SHIB and WIF?
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Dubai is taking a bold step in luxury and finance as Billiton Diamond and Ctrl…
US President Donald Trump has signed a massive $1.2 trillion government funding bill, bringing an…
The Bitcoin price is under pressure after slipping below its April 2025 low. The move…
The nomination of Kevin Warsh as the next Chair of the US Federal Reserve is…
Binance’s Secure Asset Fund for Users (SAFU) has made another big move in its ongoing…
Monero (XMR) is showing early signs of stabilization after a prolonged decline, rising over 3%…
