Frankly speaking, i have never seen anything in betting industry based on smart contract or blockchain's perspectives, where they are truly fullfield.
Of course, there are some ico's for now, i've even read two or more wp, but they seems to be ordinary betting houses just with the great logo "WE DO IT BASED ON BLOCKCHAIN"
Yes, you are right. Almost everyone now can claim that they are trustworthy cause everything is made with the help of smart contract (you will not loose youre money in any case) and also with blockchain's new techno....