Not sure if your questions were answered:
Peerplays takes bets using consensus markets and centralized platforms. Therefore it is not very accessible, secure, or technically efficient.
Wagerr uses a consensus blockchain to securely accept hundreds of smart contract bets per second, anywhere.
How long do you envisage payouts taking on average? (From event finishing to receiving winnings)
Ideally most payouts happen in 1 hour but allow for up to 24 hours for a super majority to confirm.
Also will you allow bets to be placed with the Wagerr token itself, possibly at a discount or will betting be exclusively in ETH?
($X million in fees on $100 million in volume is lucrative but driving some of the betting volume/demand through a lower market cap token like Wagerr is even more lucrative)
WGR tokens are the exclusive currency of betting contracts.