Bet Your Friends
Madness Challenge $250 Weekly Giveaway Rules
- The weekly contests will run every Thursday (12:01am PST) through Wednesday (11:59pm PST) commencing Thursday, March 21, 2024.
- The player at the top of our leaderboard with the most points at the end of each week will win the prize pool of $250 paid in the form of USDC deposited directly into the BLOK SPORTS wallet/account associated with that player. The exchange rate from a market source will be used to determine the exact payout at the time the funds are paid.
- You can wager on any event – make or take any wager – that is available in our app.
Points will be assigned as follows:
- Win a bet=4 points
- Tie a bet=3 points
- Lose a bet=2 points
If in BLOK SPORTS’ sole discretion we determine that a bot or similar method is utilized to manipulate the gameplay of a player’s account, then that account will be invalidated and ineligible for the weekly prize.
FAQ
**Beta version may have limited features and bet limits**
BLOK SPORTS is the most fun and social way to bet on your favorite sports with your friends or others on the app directly without having to deal with the House. No House means major benefits for our players:
- No deposits required. You make and take wagers via your own privately-held digital wallet that is created for you when you sign up. No one controls your funds except you.
- No payment or withdrawal delays
- No arbitrary restrictions placed on our players – since it’s peer-to-peer, it’s up to you and the other player to agree on a wager
- Better expected outcomes – we provide “market” odds for each event as a reference point; however, you can customize the odds and lines for any wager you create, giving you the opportunity for a much better outcome than wagering against the House.
BLOK SPORTS is built on next-gen blockchain, but don’t let that confuse you. It just means that your transactions are running securely, safely and reliably at all times without the risk of the House ruining your fun. AND THERE ARE NO GAS FEES!
We do require you to use a “digital casino chip” to wager called USDC, which is a secure stablecoin that is equal to $1USD. You can learn more at https://www.circle.com/en/usdc
Yes, you can. It is a simple iframe embed or it can also be managed through an ad server and placed within a designated 300×600 ad unit spot.
For website partners, we offer a generous revenue share. For details, please contact us at info@bloksports.bet.
BLOK SPORTS may modify or terminate any bonus program at any time with or without notice.
BLOK SPORTS will occasionally offer its users promotional bonuses for referring friends to sign up.
UPDATE 9/20/23: The current promotion offers $10 in Polygon USDC for referring a friend to sign up. Both the referrer and referee will receive the bonus once the referee signs up and completes at least $100 worth of wagers in the app. These must be active wagers between two players on events offered in the app. Bonuses will be deposited onto the smart contract as a credit for both referrer and referee once $100 worth of active wagers are placed by referee. The credit will be automatically applied to the very next bet placed.
- What is a Point Spread bet?
- With Point Spread betting, each team is given certain points that they’ll have to meet for you to win. Let’s say the lines say Bengals +3 and Rams -3. This would mean that the Bengals would have to win or lose by less than 3 for you to win and the Rams would have to win a game by more than 3 points. If the teams win or lose by the exact spread, then you tie and your original wager is refunded.
- With Point Spread betting, each team is given certain points that they’ll have to meet for you to win. Let’s say the lines say Bengals +3 and Rams -3. This would mean that the Bengals would have to win or lose by less than 3 for you to win and the Rams would have to win a game by more than 3 points. If the teams win or lose by the exact spread, then you tie and your original wager is refunded.
- What is a Total bet?
- Total bets are also called Over/Under bets and they are bets of the total amount of points scored by both teams. If it says Over 8 and you bet on this, this means that the overall score has to be higher than 8 for you to win. If it says Under 8 and you bet on this, this means the overall score has to be lower than 8 for you to win. If the total score is 8, then you tie and your original wager is refunded.
- Total bets are also called Over/Under bets and they are bets of the total amount of points scored by both teams. If it says Over 8 and you bet on this, this means that the overall score has to be higher than 8 for you to win. If it says Under 8 and you bet on this, this means the overall score has to be lower than 8 for you to win. If the total score is 8, then you tie and your original wager is refunded.
- What is a Moneyline bet?
- A Moneyline bet is when you bet on only one team to win. Let’s say the two teams are the Bengals (+150) and the Rams (-110). The +150 means you’ll win $150 if you place a $100 bet and the Bengals win. The -110 means you’ll need to bet $110 to win $100 if the Rams win. If the teams tie, then you tie and your original wager is refunded.
- A Moneyline bet is when you bet on only one team to win. Let’s say the two teams are the Bengals (+150) and the Rams (-110). The +150 means you’ll win $150 if you place a $100 bet and the Bengals win. The -110 means you’ll need to bet $110 to win $100 if the Rams win. If the teams tie, then you tie and your original wager is refunded.
- What are odds?
- Understanding betting odds is extremely important and essential if you’re going to have a successful betting career. The good thing is that it doesn’t take much to read odds and the math isn’t too complicated. Odds in different countries differ, but we’re going to focus on American odds.
You’ll see these on all sportsbook sites in the United States and you’ll see different titles, as a team, spread, moneyline, and total. These are in terms of 100 and each one will have a plus or minus. They are in 100 because it’s a 1:1 ratio, which means for every $1 you bet, you’ll win $1 if your bet wins. If it’s a plus, you’ll win more than $100 on a $100 bet and a minus means you’ll have to bet more than $100 to win $100.
For example, a Moneyline bet is when you bet on only one team to win. Let’s say the two teams are the Bengals (+150) and the Rams (-110). The +150 means you’ll win $150 if you place a $100 bet and the Bengals win. The -110 means you’ll need to bet $110 to win $100 if the Rams win.
- Understanding betting odds is extremely important and essential if you’re going to have a successful betting career. The good thing is that it doesn’t take much to read odds and the math isn’t too complicated. Odds in different countries differ, but we’re going to focus on American odds.
- What does Configure Bet mean?
- When you make a bet, you can always click to Configure Bet which means you can adjust the Odds, the Line and the Expiration time of your wager (i.e., how long the bet is available for others to take). If you don’t set an Expiration time, the default expiration time for your bet will be the official game start time.
- When you make a bet, you can always click to Configure Bet which means you can adjust the Odds, the Line and the Expiration time of your wager (i.e., how long the bet is available for others to take). If you don’t set an Expiration time, the default expiration time for your bet will be the official game start time.
- Can I take a portion of someone else’s or a market bet?
- Yes, you have the ability to take all (subject to any betting limit restrictions) or a portion of a bet. If you take a portion, that bet will continue to be posted until its expiration time with the new amount available (i.e., the original amount reduced for any amounts taken).
- What happens if my bet is not taken?
- Any unfilled bet you place will expire at the start of the game time or at the expiration time you set and will no longer be available for anyone to take.
- Where can I find the bet rules for each sport?
- You can find these in the Betting Rules article below
- How do I create an account or crypto wallet?
- We set up your own secure, privately-held wallet upon signing up. You can use it like any other web3 wallet. You can learn more at https://web3auth.io/
- Do I need a separate crypto wallet to play?
- No. We set up your own secure, privately-held wallet upon signing up. We will allow the import of your own wallets to be used in our app at a later date.
- What is Polygon USDC and why do I need it to bet?
- Polygon USDC (or Matic USDC) is the only token that we support today for wagers in our app. It is a version of USDC that runs on the Polygon network, which is the blockchain that BLOK SPORTS is running on.
USDC is a digital dollar, also known as a stable coin pegged to US$1. Be sure you have or purchase Polygon USDC, and not regular USDC, in order to transact in our app. You can learn more at https://www.circle.com/en/usdc - IMPORTANT UPDATE 3/20/24: We are in the process of migrating to support only the new native Polygon USDC, which was launched in October 2023. Currently, we support the Ethereum-bridged form of USDC (denoted on block explorers, like PolygonScan, as USDC.e). We will be deprecating the bridged version of USDC soon and will be notifying our users via email about this migration. You can also learn more at https://www.circle.com/blog/what-you-need-to-know-native-usdc-on-polygon-pos
- Polygon USDC (or Matic USDC) is the only token that we support today for wagers in our app. It is a version of USDC that runs on the Polygon network, which is the blockchain that BLOK SPORTS is running on.
- How do I deposit money or Polygon USDC?
- Today, we only support Polygon USDC for wagers in our app. You can either deposit Polygon USDC into your newly created wallet from another wallet or account you own. You can also purchase Polygon USDC via our fiat on-ramp providers available through our app. Be sure you deposit or purchase Polygon USDC, and not Ethereum USDC, in order to transact in our app. Please see our Notice above regarding our migration to supporting only native USDC on Polygon.
- If I have regular USDC, can I use that to wager? And how can I exchange it for Polygon USDC?
- You cannot use regular USDC in BLOK SPORTS. It must be Polygon or Matic USDC. There are bridge networks like Connext (https://bridge.connext.network/) as well as bridges available in wallets like Coinbase Wallet that easily allow you convert to Polygon USDC. Keep in mind that these bridges may charge their own fees to perform this conversion.
- We will soon be migrating to the native USDC on Polygon, so bridging will no longer be necessary. You will just need to purchase native USDC from any exchange or the fiat on-ramps available through our app.
- How do I withdraw money?
- You can withdraw your funds at any time since they are always held in your private wallet. You can withdraw them to any other wallet or account supporting Polygon USDC, such as Metamask or Coinbase.
A direct fiat off-ramp to convert the Polygon USDC to your local fiat currency may be available via our fiat on-ramp providers. Be sure to check if they support this feature.
- You can withdraw your funds at any time since they are always held in your private wallet. You can withdraw them to any other wallet or account supporting Polygon USDC, such as Metamask or Coinbase.
- Are there any fees being charged on my wager?
- 9/20/23: For a limited time, there will be NO FEES on all wagers. Bet as much as you want commission-free.
- Normally, we charge a 3% fee only after a wager is resolved and only on the winning amount (and not on the total payout) in order to support our platform and operational costs. We do not charge any fees for placing or taking a wager or on losing wagers.
- Am I charged gas fees in order to place or take any wagers?
- No. We cover any gas fees associated with placing, taking and resolving any wager transactions.
- Am I charged gas fees to deposit or withdraw funds?
- We cover gas fees for withdrawals from your account. However, you may be required to pay gas fees for deposits to your account from outside wallets or accounts. Be sure you have sufficient Polygon (MATIC) tokens in your external accounts in order to deposit.
- Is there a limit on how much I can wager?
- During our beta period, the maximum you can wager on any single bet is $100. We will be increasing this amount soon.
- What happens if I lose my credentials and/or password to my wallet?
- The private digital wallet we set up for you upon sign-up does not require a password to interact with the BLOK SPORTS app.
However, your private keys are always recoverable through a secure method via our wallet provider https://web3auth.io/
- The private digital wallet we set up for you upon sign-up does not require a password to interact with the BLOK SPORTS app.
- Can I transact on the BLOK SPORTS app even if I login into the app on various websites?
- Yes, our app will recognize you and your account from whichever BLOK SPORTS app you log in through, unless it states otherwise.
- Is my region restricted for betting?
- Bloksports.bet is licensed under a Curacao license and is approved to operate in certain international markets. You must abide by any local restrictions in your jurisdiction as well as comply with our Terms of Service and Privacy Policy available in our app and website www.bloksports.bet
- Bloksports.bet is licensed under a Curacao license and is approved to operate in certain international markets. You must abide by any local restrictions in your jurisdiction as well as comply with our Terms of Service and Privacy Policy available in our app and website www.bloksports.bet
- Is there an age restriction to use the BLOK SPORTS app?
- You must be at least 18 years of age or the age of majority in your jurisdiction.
- Can I use any web browser to access the BLOK SPORTS app?
- We strongly recommend using Google Chrome. You can use other browsers but they may not perform as reliably as Chrome.
- We strongly recommend using Google Chrome. You can use other browsers but they may not perform as reliably as Chrome.
- Can I use BLOK SPORTS on mobile?
- BLOK SPORTS can be used in a mobile web browser. We do not yet have a native mobile app available. Be sure to enable pop-ups in your browser to ensure you can register and login through our app.
Betting Rules
General
Football
Basketball
Hockey
Soccer
Baseball
Rugby
Mixed Martial Arts
General
BLOK SPORTS does not recognize postponed games, protests or overturned decisions for betting purposes. As long as the game is played on the scheduled day, all bets have action. If a game is not started within 12 hours of its originally scheduled time, all bets will be void.
If a game is suspended after the start of the game, then the rules we specify for that sport will apply to any bets on those games.
If a sport-specific rule contradicts a general rule, then the sports-specific rule will apply.
BLOK SPORTS shall not be held responsible if information made available on its Services is not accurate, complete, or current – such information may include, but not be limited to, event odds data, live scores, and designation of home and away teams. For clarity, you are relying on any information at your own risk.
You are responsible for reviewing your wagers and confirming the bet information is correct before submitting them. Once a wager is secured between users or completed, it cannot be changed. We do not take responsibility for failed transactions on the blockchain, pending (but unconfirmed) bets that you have made or accepted, or duplicate bets that you have made. You may review your transactions in the bets section and profile section of the application to ensure all requested wagers were accepted.
A wager on an event will be valid as long as the team matchup is correct, regardless of the information displayed for that matchup, including designation of home and away teams.
BLOK SPORTS reserves the right to remove or modify events, markets and any other information from its Services at any time with or without notice.
In the event there is a discrepancy between the English language version of the information related to a wager or matchup and any other language version, the English language version will be relied upon to resolve any wagers.
In the case of any situations not covered herein, BLOK SPORTS in its sole discretion will determine the resolution of any transactions.
Football
If a game is suspended after 55 minutes of play and not resumed the same day, then regardless of whether the game is completed at a later date or not, the score when the game was suspended will determine the betting results.
If a game is suspended before the completion of 55 minutes and not resumed the same day, all bets on the full game will be void and all monies refunded.
If a game is not started within 12 hours of its originally scheduled time all bets will be void.
The final score (including overtime) is used to determine the winners and losers on full-game wagers, subject to the game has been played for at least 55 minutes.
If a game venue is changed, bets already placed will stand providing the home team is still designated as such. If the home and away team for a listed game are reversed, then bets placed based on the original listing will be deemed no action.
Basketball
Data provided by the official score(s) provider or the official website of the relevant league or competition will be used to settle wagers.
NBA games must go at least 43 minutes to have action. If play is suspended before the minimum time has been reached and not resumed the same day, all wagers on the event will have no action.
If an event is not played on its scheduled date all wagers on the event will have no action.
The final score (including overtime) is used to determine the winners and losers, subject to the game has been played for at least 43 minutes.
If a match venue is changed, bets already placed will stand providing the home team is still designated as such. If the home and away team for a listed match play the fixture at the away team venue then bets will stand providing the home team is still officially designated as such, otherwise bets will be void.
Hockey
Games must go a minimum of 55 minutes for action. If a game is suspended before 55 complete minutes are played, all bets on the outcome of the game are void and monies refunded.
If a game is suspended before the completion of 55 minutes and not resumed the same day, all bets on the full game will be void and all monies refunded.
Full-game wagers are resolved based on official final scores, including overtime and penalty shootout periods.
If a game venue is changed, bets already placed will stand providing the home team is still designated as such. If the home and away team for a listed match play the event at the away team venue then bets will stand providing the home team is still officially designated as such, otherwise bets will be deemed no action.
Soccer
Wagers will be decided on games with two halves of 45 minutes of regulation time as well as any injury time and stoppages. It does not include periods of extra time nor penalty shootouts. If a match is finished or abandoned before the completion of 90 minutes of play all bets on the Match-period are void. The exception to this rule is if a referee ends a match with an official result with a time different than 2 halves of 45 minutes each. If a match is suspended before full time is reached, and not completed the same day, (local time of the match site) wagers on the outcome of the match are considered void and all monies will be returned.
For money-line wagers without a draw line, any match that ends in a tie after regulation time (including injury time and stoppages) will result in the wager being graded as a tie and monies will be returned.
If a match venue is changed (other than to the away team’s ground) then bets already placed will stand providing the home team is still designated as such. If the home and away team for a listed match are reversed (e.g. match is played at the original away team’s ground) then bets placed based on the original listing will be deemed no action.
Baseball
Statistics provided by the official score(s) provider or the official website of the relevant competition will be used to settle wagers. Where statistics from an official score(s) provider or official website are not available or there is significant evidence that the official score(s) provider or official website is incorrect, we will use independent evidence to support bet settlement.
All games must start on the scheduled date (local time) for bets to have action. If a game has been postponed or canceled before its due start time then all bets are deemed no action.
If a game has been suspended after the game has started, due to a weather delay or other deferral, and resumes within 36 hours after the original start time, all wagers will stand. If a suspended game is called or resumes more than 36 hours after the original start time, regardless of the number of innings completed, ALL wagers will be cancelled even those that have been unconditionally determined prior to the game’s suspension.
All bets are action, at prices taken, regardless of who pitches for each team. Displayed pitchers are for information purposes only.
All pre-game bets include extra innings unless otherwise stated.
If a game venue is changed then bets already placed will stand providing the home team is still designated as such. If the home and away team for a listed game are reversed (e.g. game is played at the original away team’s ground) then bets placed based on the original listing will be deemed no action, with the exception of NCAA Baseball specifically, where bets stand irrespective of either a change in venue, or the home and away team being reversed for a listed game.
In the event of a playoff or postseason tournament game that is suspended after the game has started, all bets will stand through any case of suspension until the game is officially completed as per the relevant governing body. In the event of a date change prior to the event starting, all wagers will be cancelled.
Where Mercy Rule is applied, all bets will stand on the score at the time.
Rugby
Matches must start on the scheduled date and time for bets to stand.
All Rugby matches must go at least 80 minutes to have action, except for pre-season matches that are scheduled to play less time.
If a Rugby match is postponed for more than 48 hours from its original starting time, all bets on the match will be void/no action and the wager amount will be returned to your account.
For wagering purposes, winners and losers are determined by the final score (including overtime, if applicable). In the event of a draw (tie) as the final result – moneyline wagers on either team will be graded as a tie and your wager amount will be returned to your account.
ALL bets on a match which starts but is then abandoned or postponed will be void, including bets where settlement has been determined, unless the match is rearranged and played on the same scheduled day (local stadium time).
If the venue is changed from the one advertised, all bets on that match are void. In the event of a change of opponent from the one advertised, then all bets for that match will be void.
Mixed Martial Arts
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