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Wagerr Weekly: 2/9

Wagerr Weekly: 2/9

🏈 XFL Opening Week
🎮 Team Complexity scores upset victory at BLAST
🎲 Wagerr betting volume over 7 million WGR

XFL Launches with Wagerr

Vince McMahon has gone all-in on the new XFL. The first weekend of games brought a new and entertaining brand of football to life. The rule tweaks made for a more exciting game with kick-offs and extra points after the touchdown.

The XFL is geared towards sports betting — it is a key part of their strategy for success. The XFL even went to the extent of inviting sportsbooks and gambling companies to a “mini-camp” to ask them what they wanted to see from the game.

Over 65k WGR was bet across 4 games with St. Louis Battlehawks looking to be the early favorite for punters after toppling the heavy favorite Dallas Renegades.

Complexity upset at BLAST: Week 2

Everyone loves an upset and the e-sports team Complexity pulled off one of the biggest in Counter Strike: Global offense’s history. Complexity ranked 45th took out the worldsbest team Astralis. Astralis now move to the losers bracket and if they are able to bounce back may just still face Complexity again in the final for what would be no doubt an epic rematch. Astralis hadn’t played together for two months and one punter sniffed opportunity, loading up on the underdogs to take home one healthy paycheck!

7 million WGR bet

This week saw more than 7 million WGR bet and 730k WGR minted across 365 events. The Wagerr network continues to strengthen with more than 36% of WGR coins now locked in Masternodes. The nodes this week received 33 WGR in betting fees. Oracle rewards coupled with the masternode block rewards at the historical rate would lead to annualized returns of 9.27%. Note that past performance is not an indicator of future returns.

The chart below breaks down betting activity by league. The red bars indicate the amount of WGR bet. The black bars indicate the amount minted (above the horizontal line) or burned (below the horizontal line).

This week the Wagerr network added support for the Japan Super Cup, Copa Sudamericana, and DFB Pokal.

Wagerr: The Private Betting Blockchain