DeFi Intel

How Crypto Sportsbook Settlement Actually Works: Step by Step

The article explains how crypto sportsbook settlement works step by step, starting with how a bet locks into a contract. It describes how an oracle or grading process brings the result on-chain and how markets are graded. It also covers how a payout moves to a wallet and compares on-chain and hybrid models.

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DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Cryptodaily.

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