BlitzPredict is an aggregator of blockchain prediction markets and sportsbooks, ensuring users will always get the best odds available in the marketplace. In addition to the aggregator, BlitzPredict will offer a suite of smart contract tools providing function and liquidity to its users. BlitzPredict’s decentralized liquidity reserve will guarantee that users can always get paid immediately upon conclusion of an event, no more waiting days or weeks for a site to cash them out.
BlitzPredict’s users can set up smart contracts to automatically wager when certain criteria are met. E.g. the current best line on the Patriots is -7 -110. A user can set up a smart contract with the function of “bet 1 ETH on Patriots -6.5 -110 or better.” If the line reaches -6.5 anywhere in the marketplace, the contract will automatically execute.
BlitzPredict will incentivize sports analytics experts to contribute to the platform and work with them to create powerful predictive models. Models will be tested publicly and predictions must be made using actual odds available in the marketplace at that time. BlitzPredict will use a portion of its holdings to sponsor tournaments for its users to enter free-of-charge. BlitzPredict will provide tools for syndicates to use throughout the marketplace and allow users to back syndicates for a share of the profits.