Duelbits Adds Predict as Prediction Markets Go Mainstream

1 month ago 20

Rommie Analytics

Prediction markets have become one of the fastest-growing trends in crypto.

New platforms are appearing almost weekly, driven by demand for markets that let users speculate on real-world outcomes rather than just prices or match results.

Politics, macroeconomics, culture, sports narratives, and even weather are now all fair game.

Against that backdrop, Duelbits has added “Predict”, a dedicated prediction market section built directly into its crypto casino platform.

While prediction markets themselves are not new, Duelbits is notable for being the first established crypto casino to fully embrace the trend as a core product rather than an experimental add-on.

Why Prediction Markets Are All the Rage

Prediction markets are increasingly being framed as tools for information discovery rather than pure speculation.

Ethereum co-founder Vitalik Buterin has written about what he calls “info finance”, a concept that positions prediction markets as mechanisms for aggregating knowledge about future events and turning that information into a public signal.

He has also described prediction markets as a potential third information layer alongside traditional media and social networks, capable of surfacing clearer expectations around elections, economic decisions, and major global events.

This view has been echoed outside of crypto as well. Elon Musk has publicly stated that prediction markets can be more accurate than traditional opinion polls because participants have real money at stake, arguing that financial incentives encourage more honest forecasting.

As these ideas gain visibility among influential figures in technology and finance, platforms built around real-world outcome markets have moved rapidly from niche crypto experiments into the mainstream conversation, helping explain why new prediction market platforms are appearing with increasing frequency.

Trump now leading Kamala by 3% in betting markets. More accurate than polls, as actual money is on the line. https://t.co/WrsqZ2z8pp

— Elon Musk (@elonmusk) October 7, 2024

What Duelbits “Predict” Is

Duelbits Predict is a dedicated prediction market hub that sits directly within the Duelbits platform. It is accessible from the top left of the Duelbits homepage, positioned between Casino and Sports, which signals that it is intended as a permanent core section rather than a promotional feature.

Predict allows users to take positions on outcomes across multiple categories, including:

Sport Politics Culture Crypto Finance Tech World events Markets that are nearing settlement

Each of these categories is further broken down into subcategories. For example, within Sport, markets are organised by football, American football, basketball, boxing, darts, golf, UFC, and others.

This structured approach mirrors how sportsbook users are accustomed to browsing, but the markets themselves behave differently from traditional betting.

Duelbits Predict market example showing decimal odds Duelbits Predict uses decimal odds similar to traditional sportsbooks, displaying each outcome as a fixed-price selection with familiar pricing such as 1.29, 1.57, and 1.75. Polymarket market example showing cents-style pricing and market depth Polymarket presents outcomes using share-style pricing in cents, where prices reflect implied probability and are shown alongside market depth and volume.

The Types of Markets Duelbits Is Offering

Duelbits Predict focuses on outcome-based questions rather than match-by-match betting. In sport, the emphasis is currently on longer-term or season-wide predictions rather than single-fixture results.

Examples include:

Will a player exceed a specific goal total across a full season Will a team win a trophy during the season Will a fighter perform a specific action or say a specific phrase during an event week

Traditional sportsbook markets such as 1X2 match results or daily fixtures remain in the Sports section, not in Predict.

This separation is deliberate and keeps Predict aligned with the broader definition of a prediction market rather than a sportsbook replacement.

Outside of sport, markets span:

Crypto price thresholds within defined time windows Central bank decisions such as interest rate changes Political and geopolitical outcomes Cultural moments and public statements Weather-based outcomes verified by official data crypto markets predictBitcoin and Tesla are often popular markets in Prediction sites

How Duelbits Predict Is Structured

Duelbits uses an odds-based presentation rather than probability shares. Users select an outcome and are shown a price in familiar betting odds format, with potential returns calculated upfront.

Each market includes a clear description of how the outcome will be verified, see examples such as:

Official statistics or governing bodies Broadcast footage or audible statements Recognised market price references for crypto Official records for weather or public data

Some markets also offer cash-out, allowing positions to be exited before settlement. This feature encourages active positioning around news and sentiment shifts rather than purely long-term holds.

Using Crypto on Duelbits Predict

One of the clearest differences between Duelbits Predict and most standalone prediction platforms is payment flexibility.

On Duelbits, users can participate using the crypto assets already supported by the platform. There is no requirement to bridge funds to a specific network or use a single stablecoin. This contrasts sharply with many prediction market platforms that are tightly bound to one chain or token.

For example, some newer prediction platforms operate exclusively on a single network and only accept one asset, such as USDC on Base. While this can simplify settlement on the backend, it adds friction for users who already hold crypto elsewhere.

Duelbits removes that friction by integrating Predict into an existing multi-asset crypto environment.

Duelbits Predict Launch Promotion

To mark the launch of Predict, Duelbits is offering a first-bet cashback promotion designed to let users try prediction markets with reduced risk. The offer applies only to Predict markets and is available for a limited time.

• 100% cashback on your first Predict market bet if it loses, up to $10
• Applies to bets placed at odds of 1.50 or higher
• Cashback is paid in cash after the market settles
• Cashback is credited within 72 hours of settlement
• Bets that are cashed out or voided do not qualify
• One entry per customer, household, IP address, and pay

Duelbits predict launchDuelbits marks the launch of Predict with a 100% cashback offer on a user’s first prediction market bet, capped at $10 if the wager settles as a loss.

Duelbits as the First Crypto Casino to Fully Embrace Prediction Markets

While other crypto casinos have experimented with novelty bets or short-term price direction games, Duelbits is the first to roll out a clearly defined, multi-category prediction market hub as a permanent feature.

The placement of Predict alongside Casino and Sports reinforces that this is not a test or seasonal promotion.

It reflects a belief that prediction markets are becoming a core part of how users want to engage with crypto betting platforms.

The Bigger Picture

Prediction markets are no longer a fringe idea. They are increasingly viewed as tools for crowd-sourced forecasting, entertainment, and speculation rolled into one.

With public discussion from influential figures in crypto and finance, and new platforms launching at a rapid pace, the trend shows no sign of slowing.

Duelbits’ move positions it at the intersection of crypto gambling and event-driven forecasting. By keeping Predict distinct from traditional sports betting while integrating it tightly into its platform, Duelbits is betting that prediction markets are not just a fad, but a long-term shift in how people speculate on the world around them.

Final Thoughts

Duelbits Predict represents a meaningful expansion rather than a surface-level addition. It combines the breadth and cultural relevance of modern prediction markets with the accessibility and asset flexibility of a crypto casino, while keeping prediction-style markets clearly separated from traditional sportsbook betting.

As prediction markets continue to grow in visibility and adoption, Duelbits stands out as the first crypto casino to fully commit to the model.

The launch is supported by a limited-time crypto casino promotion, offering 100% cashback up to $10 on a user’s first Predict market bet if it loses, giving new users a low-risk way to explore prediction markets.

Together, the product structure and launch offer position Duelbits Predict as a hybrid approach that differs meaningfully from decentralised prediction exchanges and regulated event contract platforms.

Want to learn more about Duelbits? Read our Duelbits review.

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