At the same time we must assume that if this is a heavy spectator sport, and it exists on an unregulatable crypto platform, then there will also be a huge demand to place bets on the outcomes of the winners.

The first thing i thought of when i read this was... Peerplays. With the SPK network planning to leverage Peerplays why not set up betting for Ragnarok? Seems like a no brainer, huh @theycallmedan?