SX #72 - SX Summer Kickoff Tournament
New portfolio page, $69,420 Arbitrum tournament, Brain Damage Bingo
Happy Monday Bettoooooors! This week- $69,420 worth of $ARB tokens available to earn in our SX Summer Kickoff tournament, a new portfolio page UI, updates to bet mining, and Brain Damage Bingo markets.
🎟 Promotions - $69,420 Tournament
As previously announced, we recently received a 498,000 $ARB grant (~$500K USD) from Arbitrum, which we must spend over the next 3 months to encourage growth of SX Bet and $SX on Arbitrum.
The first instalment of the grant has arrived, and to kick things off we’re running a $69,420 tournament from June 13th to July 14th. The top 100 biggest bettors on Arbitrum will receive their rewards for this tournament in $ARB!
This is only the first event to kick-off a load of opportunities to earn rewards on SX Bet this summer thanks to this massive grant. Keep an eye on your emails all summer long so you don’t miss out on giveaways, promotions, and tournaments.
📄 News and Updates
New Portfolio Page
A new portfolio page UI update went live recently! Users can now see a summary of their 7-day PNL, as well as a daily breakdown on the settled bets tab:
The unsettled bets tab also has a new summary of your open trades, including total stake, maximum potential profit, and the current value of your portfolio. You’ll also notice a column labelled “edge” that displays how much better the odds you took are in comparison to the top offer on the current market.
Maker-only bet mining
In accordance with the previous governance vote, we’ll be shifting to maker-only bet mining in the near future. In anticipation of this shift, we’ve paused bet mining altogether last week. All rewards will be paid out and the page will still be accessible through the old URL, but will hidden off the rewards page.
Brain Damage Bingo
Last week a new form of novelty market debuted on SX, coined “Brain Damage Bingo”. In a nutshell, each row/column on the Brain Damage Bingo card is a highly unconventional four-leg parlay that corresponds to a bettable market on SX Bet.
In summary: each bingo card is full of roughly 50/50 events. A bingo occurs when all four events in any of the above 8 lines happen. Users can bet on whether any column or row will, or will not be a bingo. Read more about it here on the SX Bet blog.
💰Best MLB, NBA & NHL playoffs odds in the world
SX Bet has been absolutely dominating odds for MLB this season with the best prices in the world day after day. You’re literally choosing to make less profit with each bet if you’re making MLB trades somewhere else.
📊 Betting Volume
Despite entering the slower season that summer brings, volume levels have stayed consistent with +$42M in bets over the past three months, and more and more users are signing up each day. All the pieces are coming into place for SX to see a massive start to NFL, NBA and NHL in the fall.
About SX Network
SX Bet is the largest blockchain betting platform in the world, with over $450,000,000 in betting volume since its inception.
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