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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 (Limit Order)

Posts a limit order to the order book – this order sits open until it is cancelled or filled.

Taker (Market Order)

Fills a maker’s existing limit order from the orderbook with a market bet. This is like placing a bet on a traditional sportsbook.
You don’t need to choose one role — when you place a market order (betting at the best available odds), you’re a taker. When you place a limit order (requesting specific odds), you’re a maker.

Your Wallet, Your Funds

SX Bet is non-custodial. Your account uses two connected wallets: Signing wallet
The wallet you control. It is used to sign and authorize actions on your account.
Trading wallet
A secure smart-contract wallet linked to your signing wallet. Your USDC trading balance is held here and bets settle here.

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

SX Bet also covers all gas (transaction) fees for betting, so there are no hidden costs. Learn more about fees on SX Bet.

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.
Last modified on September 4, 2026