In a very short amount of time, the popularity of cryptocurrency market has exploded. As a result, blockchain technology has been brought to the attention of the general public. Some of the most brilliant minds in the world are now hard at work, building innovative blockchain solutions in order to realize the decentralized future first outlined in the original Satoshi white paper written a decade ago. His encrypted digital currency market has come a long way with the development of blockchain technology. Unfortunately, most of these exciting technological breakthroughs have yet to reach the hands of the average user; besides cryptocurrency speculation, blockchain technology has not found its way into our daily lives. This is due to the current limitations of blockchain networks: the computation power necessary to run a node and the increasing complexity of consensus algorithms make it restrictively difficult to implement some of the larger-scale blockchain projects. Given these facts, our goal is to ease the transition between now and the widespread integration of blockchain technologies, by investing in a more approachable application of blockchain. The application we have chosen is sports betting which is in the field of event prediction markets.