A Betting Exchange, Not a Sportsbook
This peer-to-peer model means better odds, because you’re not paying a bookmaker’s fixed margin. Dynamic, competitive pricing sets the odds on SX.Makers and Takers
Every bet on SX Bet involves two roles:Maker
Posts a limit order to the order book – this order sits open until it is cancelled or filled.
Taker
Fills a maker’s existing limit order from the orderbook with a market bet. This is like placing a bet on a traditional sportsbook.
Your Wallet, Your Funds
SX Bet is non-custodial — your funds stay in your personal wallet, not in an account controlled by SX Bet. This is fundamentally different from traditional sportsbooks where you deposit money into a company’s account.You place a bet
When you bet, you authorize the transfer by signing the transaction. Nothing moves without your approval.
Funds move to escrow
Your stake and the other bettor’s stake are held in a secure escrow smart contract. Neither party can touch the funds — the contract holds them until the game ends.
Betting Currency: USDC
All bets on SX Bet are placed using USDC, a stablecoin pegged 1:1 to the US dollar. 1 USDC = $1 USD, always.Fees
| Bet Type | Fee |
|---|---|
| Single bets | 0% |
| Parlays | 5% (winning bets only) |
Next Steps
Quickstart
Sign up, fund your wallet, and place your first bet.
Reading the Order Book
Learn how to find odds and navigate the live order book.