BetDEX Labs Inc. has announced that it will launch cricket betting markets on its sports betting platform, BetDEX Exchange, just in time for the upcoming 2023 season. This addition marks a significant milestone for the company and is expected to attract many users interested in betting on Indian Premier League (IPL) games.
Cat is out of the bag officially now!
We are beyond excited to bring #Cricket on @BetDEXLabs very shortly.
While you are waiting for these markets to go live, here is our launch contest that you can participate to win 500 USDT https://t.co/mwQYUKBmao https://t.co/aGtLCEwcKB
— BetDEX (@BetDEXLabs) March 27, 2023
With cricket joining football, American football, and basketball as primary offerings, BetDEX hopes to increase its global presence in the betting market.
The IPL is widely regarded as one of the most popular leagues in the world, with the first week of the new season attracting 229 million television viewers. The cricket league is also one of the most valuable sporting events globally, making it an essential addition to BetDEX’s platform
Devs did something! #cricket is now live on the platform
While the first game is a few days away, the #sportsbettor interest has already started
Who are you going to bet on! #CSK v/s #GujaratTitans pic.twitter.com/JkkuE2APUB
— BetDEX (@BetDEXLabs) March 27, 2023
BetDEX Exchange is the first fully-licensed sports betting market on the blockchain and is based on the Monaco Protocol, a decentralized, open-source protocol that utilizes the Solana blockchain. The Monaco Protocol is specifically designed to support prediction and betting markets, providing higher network security and lower network fees compared to traditional platforms.
This innovative approach to online betting makes BetDEX Exchange an attractive option for users looking for a more secure and cost-effective platform for their betting needs.
Since its introduction in November 2022, BetDEX has continuously improved and expanded its exchange, adding a wide range of markets for different leagues, including the Bundesliga, Serie A, NFL, NBA, and NCAA Basketball. The English Premier League and FIFA World Cup markets were available at launch.
As BetDEX continues to grow its operations globally, the platform has launched in new markets, such as Canada and India, highlighting the company’s commitment to expanding its reach in the international betting market and providing users access to diverse betting options.
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