What Makes a Sportsbook Web3? 8 Platforms Checked on Wallets, Settlement, and Custody

Plenty of sportsbooks accept crypto, yet only some of them use blockchains for more than deposits. Operators apply the Web3 label to both, which makes it hard to tell a crypto cashier from an on-chain betting system. Four practical tests separate the two. They ask how a player signs in, who holds the funds, where the platform records settlement, and whether a token gives holders any role. Each platform, run through those tests, shows how far Web3 design reaches into the betting itself. Each test looks at a different layer of the platform.

Source: Crypto Daily