Crypto betting remains a niche in the online betting industry. The gambling world generally revolves around fiat.

Is it right to label the likes of Polymarket as decentralized simply because it uses the blockchain technology or that it supports non-custody of bettors funds? At most, it's partly decentralized and partly centralized. But if it's centralized in certain aspects especially in decision making, then it isn't decentralized at all?

I guess everybody loves decentralization here. It's probably needless to ask whether one prefers a centralized platform or a decentralized one, but it isn't the only thing that counts.