P2P betting with crypto is super interesting! The idea of cutting out intermediaries means you get more control, lower fees, and a more transparent process overall. Since transactions are settled directly between users on the blockchain, it really removes a lot of the friction and trust issues you get with traditional betting platforms.
I haven’t tried it myself yet, but I can see how it could reshape the betting world. For one, the privacy aspect is huge—crypto allows for more anonymous transactions, which appeals to a lot of people. Plus, with smart contracts, you get that extra layer of security and fairness since the payout is automated based on predefined conditions.
However, the challenge will probably be ensuring that the platform can attract enough liquidity and participants to make the betting experience fun and competitive. Also, there’s always the risk of fraud or disputes, but blockchain could help with transparent records to resolve those issues.
Do you think P2P crypto betting has the potential to outshine traditional platforms in the long run? Or do you think it’ll be more of a niche thing?