πŸ€–Bookiebot Indepth

Bookiebot is a robust and rewarding protocol. Go in-depth and learn more below.

See First-Time User for an easy to read guide

What are the fees for using Bookiebot?
  • There are no user fees charged by Bookiebot, nor does Bookiebot take any cut of users' winnings.

  • See Overtime docs for any info on fees/spreads/odds on Optimism: https://docs.overtimemarkets.xyz/

  • See Azuro docs for any info on fees/spreads/odds on Polygon: https://gem.azuro.org/

How does Bookiebot earn revenue?
  • Whenever you bet through Bookiebot, your wallet interacts with either the Azuro or Overtime betting pools. The liquidity pools earn through a spread embedded in the odds on which bettors place bets. The profit from the difference is taken by Azuro/Overtime.

  • With bets placed through Azuro's liquidity pools Bookiebot earns 60% of the profit from the pools.

  • With bets placed through Overtimes liquidity pools Bookiebot earns 1% of all betting volume.

What security measures does Bookiebot have in place?
  • Users private keys are encrypted using industry standard encryption.

  • Bookiebot is never in custody of users' funds. The wallet created by the bot is a self-custodial wallet.

  • Upon creation of the new wallet users are given their private key.

  • Users may store their private keys or import the wallet into Metamask to use just like any other EOA wallet.

  • Always treat your wallet as a hot wallet. You can find additional information about keeping your wallet secure here.

What is Azuro?
  • You can think of Azuro as a suite of upgradable smart contracts that together create a protocol which can be used permissionlessly for the creation of applications & products for betting with ERC-20 tokens on EVM-compatible blockchains.

  • Bookiebot is an Affiliated front end of Azuro.

What is Overtime?
  • Overtime is a positional market for popular sporting events that operates without relying on a centralized entity, utilizing Automate Market Maker smart contracts for single and parlay bets as well as Chainlink oracles for data feeds.

  • Bookiebot is an gold tier affiliated front end of Overtime.

Bridge Partner - Stargate
  • For our custom built-in bridge service, Bookiebot utilizes Stargate/Layer Zero, the most secure and well tested bridge available.

  • Please see Stargate's documentation to dive deep into Stargate, https://stargateprotocol.gitbook.io/stargate/

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