π€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.
To deep dive into Azuro, go here https://gem.azuro.org/
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.
To deep dive into Overtime, go here https://docs.overtimemarkets.xyz/
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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