Recourse, Rules and Limits: What a Licence Changes at a Web3 Sportsbook

Two sportsbooks can price the same Champions League tie at identical odds and still treat a disputed result in completely different ways. Much of that difference comes down to the licence. At a Web3 sportsbook, the licence decides who hears a complaint, which betting rules the operator must publish, and how openly it states stake and win caps. It also leaves plenty to the operator's discretion. Knowing which half is which helps a bettor read a sportsbook's terms before money moves, and judge what a footer badge actually offers when a bet goes wrong.

Source: Crypto Daily