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SX Bet is a decentralized, peer-to-peer sports prediction market. Instead of betting against a house, users trade directly against each other through an open orderbook — the same model used by financial exchanges, applied to sports markets. On SX, bettors set their own odds, and the market determines fair prices through competition.

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How it works

1

Makers post orders

A user (the maker) submits an order specifying an outcome, stake amount, and desired odds. This order sits in the orderbook until matched.
2

Takers fill orders

Another user (the taker) submits a fill order against it. Both sides’ funds are locked in the Escrow smart contract.
3

Game settles

After the game concludes, a reporter submits the result on-chain. The Escrow contract automatically pays out to the winner.

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Tokens

SX Bet uses USDC as the primary wagering token.

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The exchange model

Because SX Bet is a true orderbook exchange — not a traditional sportsbook — the dynamics are different from what most bettors are used to.

Exchange model

Understand how makers, takers, and the orderbook interact.

Odds and tokens

How SX Bet represents odds and token amounts internally.