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?
I have always preferred to bet with fiat currency than betting with crypto, though crypto deposits and withdrawals are easier and faster, I prefer to bet and gamble using fiat currencies because this is the currency that is going extinct, they are losing value as each day breaks due to inflations, so I will rather spend this currency on gambling than spend crypto.
Crypto on the other hand is gaining much popularity and their value is grow rapidly as we all have witness overtime, I prefer to hold and keep cryptocurrency as an investment rather than spending it on gambling, because $10 worth of cryptocurrency lost to gambling today may be worth even $1000 in a couple of years, while $100,000 worth of fiat currency lost to gambling today may be worth $10,000 in a couple of years from now.