A social network that is designed for gamblers? that's kind of new idea or it's not? there are tons of forums out there that are used to be a place for gamblers to stay.
I agree that there are a lot forums however it is for talking and discussion, they are not betting platforms that allow you post some odds (your own odds) and earn tokens, money from that. All gamblers have to play on odds that issued by some bookies. What would you do if you want another odd for some reasons (I know there are tons of reasons)? This make a free market for gamblers
Giving rewards to the users is what others have been looking for and it sounds good but you need to have a big budget for this one. It may not click in the first days or months of its operation.
You're right that it's need a huge budget to make this work, but it's not about "Giving rewards to the users"
Let's say that you've posted an odd and some others find out yours is better, then they join your odd.
The match finish, the winner earn tokens from losers, not me.
This will be ending up as an ICO thingy, you can gain marketing and investment through it.
I thought of an ICO, I think it is better to open beta before doing that