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At @Scoresby's request, this is a summary of the different places to engage in sports betting degeneracy with your bitcoin.

Predyx

Starting with ~Stacker_Sports' favorite, Predyx is a lightning only prediction market, where you can buy and sell shares directly with your own wallet. Despite still being in beta, they're already the most fun betting site and they offer better odds (i.e. lower spreads) than the regular sportsbooks discussed below. We also have access to one of the founders, @mega_dreamer, and devs, @emre, right here on Stacker News. They also took over ~oracle from @ek. These are our people.
The focus is more on longer term and more noteworthy outcomes (not exclusively sports), so they don't have the full offerings of parlays and moneylines and so forth that you might be looking for. However, the real-time odds adjustments as other participants buy and sell presents great opportunities to capitalize on price movements.

BetPlay

BetPlay is a traditional online sportsbook that allows lightning deposits and (I think) bitcoin denominated bets. They also accept various shitcoins, including fiat, and report all values in fiat terms, which is frustrating when you're trying to make a specific sats valued bet. The latter is useful for arbitraging odds mismatches with Predyx or Ember.
Also, my favorite thing about BetPlay is that you can watch live feeds of just about every sporting event in the whole world. It's amazing.

Ember

This one is fun, but comes with a major caveat emptor. Ember is a mobile app (referral code MNGKHFGBTRM) that streams sats to you at a fairly slow rate when you login. With those sats you can bet on upcoming sportsball matches from several different sports. While games are in progress, keep track of the odds over at BetPlay, just in case there are opportunities for arbitrage that you want to take advantage of.
The warning is that we've experienced inexplicable losses of sats from our balances and had difficulty withdrawing, so I strongly recommend against buying sats from them to increase your balance. Just play with the free sats and have some fun microbetting. I think Ember is supposed to have lightning withdrawals, but I have yet to be eligible for a withdrawal.

Freebitcoin

OGs remember freebitcoin as a faucet that used to give away ludicrous amounts of bitcoin, but they offer a seemingly random smattering of sports betting options too. The biggest downsides are being on-chain only (with a withdrawal fee) and the limited offerings.
What I most enjoy about Freebitcoin is that they have an unusual betting model and actually offer better-than-fair odds to early bettors. The rub is that when you place an early wager you have no idea what the odds will end up being, because it's a betting pool that divvies up the pot proportionally to those who picked the winner (usually). They have gotten outcomes wrong and never corrected their mistake.
I've described my approach thoroughly in RBOA: Risk Balanced Odds Arbitrage, but it's basically to bet early on all the outcomes and make a small not-quite-guaranteed return.
You can also check the odds right before a match begins to take advantage of mismatches with either BetPlay or Predyx.

Nitro Betting

Nitro Betting is very similar to BetPlay, but is on-chain. My cursory comparisons of odds on the two sites indicate that Nitro might have slightly lower spreads than BetPlay. However, I don't know if that compensates for on-chain fees for deposits. They also have higher minimum bets and a minimum withdrawal threshold. They do, however, express bets in bitcoin terms (rather than fiat), which is nice.

What are your favorites, stackers?
Are there any I missed?
42 sats \ 1 reply \ @seashell 1h
Interesting how most of these platforms still rely heavily on fiat pegged odds or on chain stuff that kills the lightning speed advantage. feels like the real edge will come from protocols that fully embrace lightning native liquidity and let you move sats instantly without confusing conversions or withdrawal headaches. until then, itโ€™s a bit like using bitcoin but stuck in the legacy sportsbetting mindset.
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Very much so.
Like I mentioned, freebitcoin is a very old site (by bitcoin standards) and they never added lightning functionality.
The two sportsbooks are trying to be user friendly, by catering to all currencies, which I suspect will become an administrative and accounting mess, eventually.
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42 sats \ 1 reply \ @Scoresby 3h
This is excellent! I haven't yet done much sports betting, but now I haven't got an excuse any more.
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Thanks! Not wanting to lose your sats is a perfectly good excuse. Check out Predyx, though, they cover lots other topics that I think you're interested in.
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147 sats \ 6 replies \ @grayruby 11h
A very nice recap of the options available.
It's too bad freebitcoin doesn't really have any sports markets anymore.
Ember banned me so screw those bastards. They are dead to me just like Glenallen Hill.
I didn't like the minimums in nitro betting.
BetPlay seems pretty good. If I am using it to watch a game I usually throw some sats down.
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I'm glad you replied so fast. I can't believe I forgot to mention the livestreams at BetPlay.
Haha! Ember is the Glenallen Hill of bitcoin sportsbetting.
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42 sats \ 4 replies \ @grayruby 11h
At least in my heart and mind.
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I will endeavor to refer to Ember that way whenever they're mentioned on the pod.
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42 sats \ 2 replies \ @grayruby 10h
Whenever we have siggy on we have to review all his lifelong sports grudges besides the whole NY fandom thing.
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Like the time Bill Walton didn't say hi to him at a Grateful Dead concert?
I don't really gamble much, but I know in the past I had bet on Sportsbet.io using sats/lightning. I think it was affiliated with Bitcasino, but not 100% certain. It was also denoted/settled in sats.
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Neat. I hadn't heard of that one before.
I don't actually bet much either, but I do like trying to find places to use information and incentives to make money. I also think this will be one of the early industries that bitcoin will take over, so I'm quite interested in it.
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21 sats \ 1 reply \ @BlokchainB 9h
Bet play ๐Ÿ‘€
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So far, I've only used it for watching games and arbitraging off of the other sites. I don't know how good their advanced features are.
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