IDENA blockchain have run their own on-chain betting platform based on OracleLock principle.


In brief each of the match represents by 2 prize funds each of them has own independent on-chain OracleLock contract. Matches with possible draw result is not allowed for the current moment.
At the end of the match a special fact certification Oracle would be run to ask the network members about the winner of the match. So, after the end of the certification Oracle the winners will split the losers prize fund divided in proportion to individual bets each of the winner side bettors.

Quite interesting approach, the final WCUP 2022 match was quite successful and got a bit less than 20 000 iDNA prize fund.

The platform fastly evolving and now they are accepting bets for the final match of Supercopa de Brasil between Palmeiras and Flamengo which will take place on January 28th at 16:30 GMT-3.

It would interesting to know your opinion about the idea using certification Oracles to prove the sports event results to unlock and split the prize fund of the match via smart-contract.

More information about OracleLock principle is available here:
https://docs.idena.io/docs/developer/node/oracle-lock