So the Blockchain actually predicted a Patriots win in the superbowl!
Decentralized prediction markets are finding more use cases. Super bowl betting is one such use case.( Although you probably do not need a sophisticated prediction market to predict a Patriots win). Starting off from a slow base, the diversity of categories covered in these prediction markets is slowly increasing.
Initially there were only crypto-related betting markets; and then arrived the abominable ‘assassination markets’ Now that’s changing with politics, sports and financial markets sprouting up. Veil is a peer-to-peer prediction market built upon Augur and has over a 100 markets currently listed on it. Veil provides a slicker interface than the plain vanilla Augur experience.
For what it is worth, the biggest betting market out there is in India, with cricket betting. While officially banned, as per some figures, each IPL (Indian Premier League) game, has almost $2.5 billion riding on it. At some point, this is going to open up and get regulated. Till then, it might be a great idea for a decentralized Augur market. Two pre-requisites though, it would require some slick UX/UI, and some savvy market making, and some regulatory hoops.