What are Crypto Smart Contracts? Crypto smart contracts are one of the most transformative innovations in blockchain technology. They enable decentralized, automated, and trustless interactions between parties without the need for intermediaries. Smart contracts are the backbone of decentralized finance…

What are Crypto Sports Betting Market Contracts? Sports betting market contracts are financial derivatives that allow users to trade on the outcome of a sporting event, rather than placing a traditional bet against a bookmaker. These products are legally defined…

What are Some Trading Strategies for Sports Event Contracts? Just like with traditional financial derivatives, trading strategies for sports event contracts can be categorized into speculating on price movements, hedging, and identifying market inefficiencies. Since the price of a contract…

Examples of Exploiting Price Inefficiencies in Sports Event Contracts The core principle of exploiting price inefficiencies in sports event contracts is arbitrage, which involves finding and profiting from pricing discrepancies. In traditional markets, this is often done by comparing different…

What other ways are sports event contracts used besides speculation and arbitrage? In addition to speculation and arbitrage, sports event contracts are used for several other purposes, including hedging, insurance, information gathering, and brand engagement. For both retail and institutional…

How are Crypto Prop Bets Resolved When Outcomes are Subjective or Complex? Resolving crypto prop bets for subjective or complex outcomes requires a human-powered, decentralized arbitration process, as a simple automated oracle can’t determine the truth. Platforms typically use a…

How do Decentralized Prediction Markets Verify Real-World Event Outcomes? Decentralized prediction markets verify real-world event outcomes primarily through oracles, which act as a bridge between the real world and the blockchain. This system replaces a single, central authority with decentralized, trustless…

Crypto Prop Bet: A New Frontier in Speculative Trading Based on Futures Contracts Crypto Prop Bet: Trading Based on Futures Contracts In the evolving landscape of digital finance, the intersection of cryptocurrency and predictive betting is giving rise to a…

Example of a Player-Based Crypto Prop Bet on a Decentralized Platform like Polymarket:  How to Bet on NFL Contracts The scenario: Week 1 of the 2025 NFL season Game: Buffalo Bills vs. Baltimore Ravens. Prop Bet Question: “Will Buffalo Bills quarterback Josh…