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In recent years, sports betting has become a vital part of the sports industry, growing into a multi-billion-dollar market. Polymarket, being one of the biggest in the gambling industry, made its entry into sports betting in late 2024 to catch a share of the market, and since then, it has seen significant success.
At the moment, Polymarket offers people the ability to create and bet on everything from wins, goals, drafts, league champions, and even Ballon d’Or winners.
Open Interest on @Polymarket is 60%+ ($45m) higher than @Kalshi.https://t.co/E7PIA7FyY0 pic.twitter.com/QjUjJxtKeL
— Polymarket Analytics (@poly_data) April 23, 2025
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Sports Betting: How Polymarket and Crypto Are Changing the Game
Betting is always a fun way for fans to engage with their favorite sports and players. Crypto expansion in recent years added a new dimension to the experience, making sportsbooks much easier due to the increased availability of decentralized betting platforms.
These platforms allow bettors to make their wagers easily while still being anonymous. This combination is creating a new environment and attracting new generations of gamblers.
Polymarket decided to capitalize on the growth of decentralized sports betting. Launching its sportsbook in October 2024, the platform has already seen significant success, with an estimated 500,000+ users engaging with its sports betting markets.
No KYC, no hassles. Signing up to Polymarket requires the least effort, and having good knowledge about various sports, Polymarket offers the opportunity to make some extra money, though, as always, nothing is guaranteed.
This seamless and user-friendly approach has drawn the attention of many Gen Z users as Betting volume increased massively during big sports events like the 2025 NFL Super Bowl, with approximately $1.1 billion wagered making it the highest sports event on Polymarket to date, also 2025 NBA Championship, is still available to bet on with over $411 million wagered.
Other sports, like football, have people betting massively on the Champions League and other local league winners, like La Liga, where approximately $300 million is wagered on Barcelona to win both.
Of course, we have the massive Premier League title winner, for which a total of $13.4 million has been wagered. These numbers speak volumes about Polymarket’s success.
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FantasyPepe (FEPE): Rising Polymarket Competitor on Presale
While Polymarket is still a good way to bet on sports, it still lacks many features and sometimes messes up some odds. FantasyPepe, on the other hand, is a newly rising betting platform that offers a new way to interact with sports betting.
It offers AI-generated football matches that include 60 seconds of action-packed, text-based commentary generated by AI models. ChatGPT and DeepSeek create radio-style commentary via text, while Grok referees to ensure fairness.
Users predict the match winner, total goals, correct score, and other popular football markets. Successful calls receive prediction rewards in the project’s native $FEPE meme coin.
Payouts are based on the stake and respective odds (determined by market forces like Polymarket), with up to 1,440 AI-hosted fantasy sports games daily.
$FEPE tokens sit at the heart of the Fantasy Pepe ecosystem. Users need $FEPE to predict fantasy football results, and tokens give holders staking and governance rights.
The Fantasy Pepe staking system comes with dynamic rewards. Early adopters receive higher rewards, with staking APY of up to 1295%. The presale price begins at $0.0003 per token and gradually increases as demand surges. The current amount raised is $216k out of $250k before the next price raise.
Stay up to date with the project by joining the online communities at X and Telegram.
Be an early adopter and click here to participate in the presale
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Key Takeaways
- The betting market has become a vital corner in the sports industry.
- Polymarket is leading the market while the rising FEPE is seeking to compete with innovative features.
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