Predictious.com allows for a unique bitcoin betting experience by allowing customers to lay wagers (ie bets on future predicted events) on certain prediction markets and events. They keep it simple and to the point with their site layout and the types of events you can place bitcoin bets on.
Predictious is a sportsbook that looks and functions unlike any you have ever used before. Apart from the fact that it is not strictly limited to sporting events, the way in which you wager is entirely different from traditional sports betting sites. Rather than an oddsmaker setting lines and the associated odds, Predictious allows you to choose what you are betting on as well as what wagers you are able to place. Having been founded in 2013, Predictious was on the leading edge of the Bitcoin revolution that swept the web.
For those who might not be aware, Bitcoin is an online cryptocurrency that is truly changing the way in which people do business. Predictious, at the moment, only transacts in Bitcoin, so be sure to read up on the function and benefits of this cryptocurrency before jumping on board at Predictious.
The site itself is straightforward and laid out simply enough that anyone can navigate around and figure out how to pick and choose an event to bet on – but it gets a little trickier as you determine how to go about buying and selling shares of these events. We go on to explain a little better below on how this particular predictions betting website works.
Because Predictious is not like any other sportsbook you have encountered, it is important that we first talk about how it functions. Rather than wagering, exactly, you are putting stake in the likelihood that an event will or will not happen. You simply buy stake in one side or the other, and wait it out. Unlike traditional sportsbooks, where you are locked into a wager once it is placed, Predictious allows you to short sell a position you think you might have errantly taken.
For example, in a basketball game featuring the Cleveland Cavaliers and the Golden State Warriors, you might think the Warriors will be the victors, and will buy stake in that outcome. If, shortly thereafter, you discover a factor that might cause you to change your mind, you can short sell your position. Should you be right, and your original prediction not happen, your short-sell will be rewarded.
As you might expect, the cost to buy a position on a prediction coincides with how the public envision the event panning out. In other words, buying into heavily favored predictions will earn you smaller stake (potential winnings) than if you bought into a prediction that was not favored much at all.
The creators of Predictious.com didn’t exactly go “all out” in terms of design with this particular site. However, like most of its predictions markets competitors, they do keep it simple and clean. The site is very simple to navigate around and you can browse particular events and other popular betting trends without having to scroll up and down a whole lot.
There’s nothing that stands out as particularly striking about the layout overall, as the colors are bland but keeps everything easy on the eyes. The dev team did enable two-factor authentication, which comes in handy if you’re looking to make sure your account is always secure. You’ll also notice the “https://” protocol that is put in place within the URL, which ensures that the site is 100% safe at all times.
When you think of Predictious, you really need to think of it as a stock exchange more than anything else. Rather than a sportsbook, where you are basically pitting yourself against the house’s oddsmaker, Predictious pits you against others just like you. Rather than supplying a real, tangible sportsbook service, Predictious is more of a middleman that facilitates bets.
To make what can be a very long story quite short, the site DOES NOT offer any promotions. This is something we do not expect to change anytime soon. Most sites in this niche are not accustomed to offering new customers any type of added incentive to join up and register an account. The trend will not be bucked from the people at Predictious, however, they would most likely email you updates if this changes down the road.