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WATTO Betting Platform

DeFi / Betting

System Description

Solo-built decentralized betting platform concept with contracts and real-time backend components.

Technologies

SolidityReactSocket.IOWeb3.jsNode.js
WATTO Betting Platform
ROLE: SOLO_DEVELOPERDOMAIN: BLOCKCHAIN
!

PROBLEMThe Challenge

Needed fair result verification and tamper resistance while providing real-time odds and settlement.

SOLVEDThe Solution

Designed pool-style betting contracts and an oracle/verification flow with real-time backend updates via WebSocket.

Technical Deep Dive

Survival Content Betting Platform

Role: Solo Developer
Designed and built WATTO as a decentralized betting platform concept for survival-themed content, covering both smart contracts and supporting backend/UX flows.

Platform Concept

Decentralized Betting Ecosystem

Created a trustless betting system where users can wager on outcomes of survival content episodes and challenges.
Core Features:
  • Episode-based betting pools
  • Real-time odds calculation
  • Automated payout distribution
  • Transparent result verification

Smart Contract Architecture

Betting Pool Management

Designed smart contracts to handle complex betting mechanics with fairness guarantees. Key contract concerns were:
  • Time-windowed betting (open/close/finalize)
  • Pool accounting and payout calculation
  • Oracle-based result finalization
  • Abuse prevention (minimum bet, validation, replay/claim protections)

Oracle System

Result Verification

Implemented a multi-signature oracle system for trusted result reporting.
solidity
contract WATTOOracle { address[] public oracles; mapping(uint256 => mapping(address => address)) public votes; // episode -> oracle -> winner mapping(uint256 => uint256) public voteCount; uint256 public constant REQUIRED_VOTES = 3; function submitResult(uint256 episodeId, address winner) external onlyOracle { require(votes[episodeId][msg.sender] == address(0), "Already voted"); votes[episodeId][msg.sender] = winner; voteCount[episodeId]++; // Check if consensus reached if (hasConsensus(episodeId, winner)) { wattoPool.finalizeEpisode(episodeId, winner); } } function hasConsensus(uint256 episodeId, address winner) internal view returns (bool) { uint256 matchingVotes = 0; for (uint256 i = 0; i < oracles.length; i++) { if (votes[episodeId][oracles[i]] == winner) { matchingVotes++; } } return matchingVotes >= REQUIRED_VOTES; } }

Backend Development

Real-Time Odds Calculation

Implemented live odds engine that updates based on betting activity:
javascript
// Odds Calculation Service class OddsCalculator { calculateOdds(episodeId) { const episode = await getEpisode(episodeId); const contestants = episode.contestants; const odds = {}; for (const contestant of contestants) { const totalPool = episode.totalPoolAmount; const contestantPool = episode.totalBets[contestant]; if (contestantPool === 0) { odds[contestant] = 100.0; // Long shot } else { // Calculate implied probability and convert to decimal odds const impliedProb = contestantPool / totalPool; odds[contestant] = (1 / impliedProb).toFixed(2); } } return odds; } async broadcastOddsUpdate(episodeId) { const newOdds = this.calculateOdds(episodeId); // WebSocket broadcast to all connected clients io.to(`episode-${episodeId}`).emit('odds-update', { episodeId, odds: newOdds, timestamp: Date.now() }); } }

Episode Management API

Built RESTful API for content management:
  • POST /api/episodes: Create new betting episode
  • GET /api/episodes/active: List open betting episodes
  • POST /api/bets: Place bet (calls smart contract)
  • GET /api/bets/user/:address: Get user bet history
  • GET /api/odds/:episodeId: Get current odds

Frontend Implementation

React Betting Interface

Developed interactive UI for seamless betting experience:
Key Components:
  • Episode Carousel: Browse upcoming and active episodes
  • Contestant Cards: View contestant stats and place bets
  • Live Odds Display: Real-time odds updates via WebSocket
  • Bet Slip: Shopping cart-style bet confirmation
  • Wallet Integration: MetaMask connection for transactions

User Dashboard

Personal betting analytics:
  • Portfolio overview (active bets, potential winnings)
  • Betting history and performance statistics
  • Claimable winnings with one-click claim
  • Transaction history

Team Leadership

Project Management

As Team Lead, coordinated development across multiple workstreams:
  • Sprint planning and task delegation
  • Code review and quality assurance
  • Technical architecture decisions
  • Stakeholder communication

Technical Stack Decisions

  • Blockchain: Ethereum (reliability for financial operations)
  • Frontend: React + Web3.js (widely adopted, good libraries)
  • Backend: Node.js + Express (team expertise)
  • Database: MongoDB (flexible schema for betting data)
  • Real-time: Socket.IO (odds updates, notifications)

Security Measures

Smart Contract Security

  • Reentrancy guards on withdrawal functions
  • Time-lock mechanisms for result finalization
  • Multi-signature oracle system to prevent manipulation
  • Emergency pause functionality

Backend Security

  • Rate limiting on bet placement API
  • Input validation and sanitization
  • HTTPS encryption for all communications
  • JWT-based authentication

Technical Achievements

| Component | Implementation | |-----------|----------------| | Role | Team Lead, Full-Stack + Smart Contracts | | Smart Contracts | Betting pool, Oracle system, Escrow | | Backend | Real-time odds engine, API server | | Frontend | React betting UI, Live updates | | Security | Multi-sig oracle, Secure withdrawals |