5BTC or 111% + 111 Free Spins!
New players only. Exclusive 111% Welcome Bonus + 111 Free Spins
A state-of-the-art prediction market called DuelNow has opened with the goal of revolutionizing sports betting by doing away with conventional house odds. With the help of this innovative technology, bettors may now choose their own odds, enabling a decentralized, peer-to-peer (P2P) betting environment with drastically lower costs and no commissions. DuelNow provides customers with quick, safe, and transparent transactions by running on the Ethereum Layer-2 blockchain, or Arbitrum.
DuelNow enhances user engagement by allowing fully customizable bets, enabling sports enthusiasts to shape their predictions based on personal insights. This flexible approach removes the need for house-set odds, letting bettors take control. The platform’s wide sports coverage includes Basketball (NBA/NCAA), Baseball (MLB), American Football (NFL/NCAA), MMA, and Soccer (EuroCup 2024/Premier League), with plans to expand further.
At launch, the platform supports payments in $USDT, $ETH, $ARB, and $STMX, with more payment options planned. DuelNow’s upcoming native token aims to fuel its unique token economy, providing users with bonuses as they engage in betting activities, enhancing the overall experience.
DuelNow also caters to various betting styles, such as “Pick ’em Bets,” which are available daily or weekly. For example, weekly pick’em challenges fit NFL and NBA games, while daily challenges are tailored to MLB’s schedule. Bettors can further explore player prop bets, allowing wagers on individual performances like rushing yards, completed passes, or rebounds, appealing to those keen on specific athlete achievements.
The platform’s versatility extends to multiple odds formats, including American Moneyline, European Decimal, and British Fractional, ensuring users can choose their preferred viewing style. DuelNow also plans to launch ‘Custom bets’ later this year, expanding its scope beyond sports to global events like the 2024 USA Presidential Election, appealing to a wider audience.
DuelNow’s launch has attracted significant attention and investment, securing $11 million from notable backers including GEM Group, Litecoin creator Charlie Lee, Quantstamp CEO Richard Ma, and Dogecoin creator Billy Markus. Their support strengthens DuelNow’s mission to give bettors control and redefine the prediction market landscape.
“DuelNow is not just a platform; it’s a complete overhaul of how sports betting and prediction marketplaces work,” said Simon Yu, CEO of DuelNow. “We’re blending the excitement of sports with the innovation of blockchain technology to create an unparalleled user experience. Our goal is to empower users with a decentralized, transparent, and secure way to engage with sports predictions, transforming both the crypto and betting landscapes in the process.”