Crypto Betting Platforms basically fall under two categories :
1. Centralized Crypto Betting - like Stake.com, BC.Game etc. globalize betting but pose risk in withdrawals and control of funds by the user.
2. Decentralized Crypto Betting - like Polymarket, DexWin etc. both globalize betting and let users control their funds with smart contract regulated operations.
FIAT Betting platforms have long struggled with large dependency on payment solutions, trading solutions etc - which just makes the business expensive to expand - destroying the market for multiple sports betting tech organizations who have monopolized the industry.
What do you prefer in 2025?
Definitely the centralized platforms in betting. I'm with stake and been using them with the bets that I do for all of the interesting matches that I am looking to bet for. As for the decentralized betting platforms, there is not a lot from them because the most of them are not recognized and likely don't continue anymore. And with all of the existing decentralized betting platforms before, I think that it's polymarket as the most successful.