Bookmaker.xyz Launches $100,000 Tournament on Polygon for Web3 Bettors

Bookmaker.xyz, a decentralized betting platform built on the Azuro protocol and integrated with Polygon, has launched an open on-chain tournament with up to $100,000 in rewards. The tournament, which is live until July 27, is aimed at experienced Web3 bettors seeking trustless infrastructure and high-stakes competition. The platform operates on a principle that users should be able to place bets without giving up custody of their funds, signing up with emails, or dealing with withdrawal friction. All bets are routed through Azuro’s smart contract infrastructure, with odds and outcomes resolved by decentralized data feeds. This eliminates the need for custodial wallets, hidden rules, and delays.

The user experience on Bookmaker.xyz is enhanced by several key features that address the shortcomings of traditional sportsbooks. These include gasless betting, where users sign transactions but gas fees are covered by the protocol; fully decentralized operations with no single point of control or failure; fast withdrawals with winnings paid instantly on-chain; and a seamless user experience that requires only a wallet connection to start betting, with no KYC requirements. This platform is designed for experienced bettors who want transparency and efficiency in their betting activities.

The ongoing tournament is open to all users placing bets on Bookmaker.xyz via Polygon. Participants earn points based on winning bets using a simple formula: Points = odds – 1. For example, odds of 3.00 yield 2 points, while odds of 1.75 yield 0.75 points. Losing bets do not subtract points. To qualify, individual bets must be at least 10 USDT. A performance boost is provided for active users: if the total betting volume exceeds the player average, the score gets a 2x multiplier. Only the first bet on a given outcome counts, discouraging repetition and leveling the playing field. The prize pool, up to $100,000, is split into weekly rewards for the top 10 bettors and a final leaderboard payout on July 27. All prizes are distributed directly to winning wallets with no delays or manual claims.

Bookmaker.xyz’s model reflects a broader movement in Web3 toward actual infrastructure and usable products, rather than hype-driven launches. The integration with Polygon is strategic, offering fast finality, low transaction costs, and a strong ecosystem ideal for real-time betting flows. Combined with Azuro’s decentralized protocol layer, the platform delivers a fully trustless experience with no centralized bookkeeper. This aligns with the Web3 ethos of no KYC, no registration, no deposit requirements, and smart contract-based payout logic. Bookmaker.xyz demonstrates that decentralized betting can match or exceed the user experience of traditional platforms without compromising on transparency or ownership.

While the current tournament concludes on July 27, it is likely not the last. Based on engagement, betting volume, and the pace of product development, Bookmaker.xyz is clearly building for the long term. Future updates could include new tournament formats, additional chain integrations, or even governance tools and liquidity incentives for power users. The message is clear: decentralized betting is no longer an experiment; it is fast, reliable, and already delivering value to real users. This tournament serves as a testament to the platform's capabilities and the growing maturity of the decentralized betting space.