AN IMPROVEMENT IS CAUSED IN THE SPORTS BETTING SECTOR WITH "BITGOALS".

in blockchain •  6 years ago 

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ABSTRACT
Sport generally infuses into its enthusiasts a passion that seems like a wild fire which is almost hard to quench. To say that sports is a form of entertainment is an understatement of the true nature of this activity, it is way beyond entertainment and the pleasure that comes from being a part of it is unfathomable. At present, both the young and old delight in sporting elements like betting and the likes and this has kept their love and passion for sports growing steadily. Due to this fact however, many companies have emerged as a subtle project to amplify these elements of sports like the sport betting and although they have contributed to it in one way or the other, they have also dwindled the desires of sport lovers as they pose many unjust factors in their operations and betting activities. Seeing that this sector of the sport industry i.e sport betting, needs to be well groomed and nurtured to improve the sport betting industry, BITGOALS came up to take the reins from the incompetent existing sport betting platforms.

HOW BITGOALS PLANS TO IMPROVE THE SPORT BETTING SPHERE
Bitgoals has advanced above the existing platforms for the main reason of altering the composition of the old disastrous sport betting style. For the information of sport lovers and enthusiasts all across the globe, the faulty betting scheme will cease as bitgoals take over. On a full edge, this platform will restructure the industry by taking charge of the betting process from its initial government of the centralized networks which have now become obsolete and unable to meet up with certain expectations of users in this recent times in sports. In many ways, many transactions have been averted and canceled on account of inappropriate governance of the old sport betting companies. This has caused havoc to users as they innocently be a part of them. It is quite unfair that as much as many participants have put in their efforts and goodwills just to ensure the continuity and advancement of the industry, they have been cut short and the industry is now at the mercies of the low quality offerers of the sport betting schemes. But as Bitgoals has come forth with quite a lot of restructuring tools and strategies just to revamp the industry, participants are promised to have a better and much more profitable betting structure such that all the misfortunes they have once faced in the past, Bitgoal regulates all transactions carried out by the users and make their verification possible without complications. It seeks to share revenues also with the participants and instill a perfect trust and unity amidst the participants of Bitgoals.
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This project has a plan of reducing or totally eradicating the fluffs in the sport betting industry by working hand in hand with the blockchain tech and the provisions available from it. This helps it to access smart contracts and other useful infrastructure necessary to rid participants of the payment issues associated with betting. The problem is such that users don't get paid on time and this is actually due to the improper management of the reward distribution system. The use of smart contract will suffice for this purpose and there would be a drastic improvement in this operation. More often intermediaries have interrupted the smooth running of the flow of services in the betting structures but as smart contracts are employed by Bitgoals, this will be taken care of.

As vulnerable as the old sport betting system was, the results of the games played among participants are always prune to the tampering, thus the game is rendered unoriginal and uninteresting since only the participants with the falsification skills are given the prices or reward. To end this, Bitgoals has ensured to have the games controlled with smart contracts such that no one is able to predict the games and the activity is left as fair as it ought to be. There is no more limits to the amount used and the number of games that can be played using bitgoals platform. More so, offering a mono wallet system to users is part of the credible provisions by Bitgoals and this goes a long way to ensure that they are able to relate and contribute to different games as long as they have a verified account which is valid in the platform.

PROJECT ROADMAP
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To certify the effective functioning of this platform, alliance is formed with credible companies that are able to cause the adequate revamping of the industry. These companies help to empower and reinforce the Bitgoals platform even as it continues to thrive amongst other platform on the blockchain. All these factors and features places Bitgoals in a good position to effect the desired change and bring solace to the sport betting phase. Watch out for Bitgoals!

For more informations about BITGOALS project, visit the following links;

Website: https://bitgoals.com/

Whitepaper: https://bitgoals.com/wp-content/uploads/2018/05/Bitgoals_WP.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4447485.0

Twitter: https://twitter.com/BitGoals

Telegram: https://t.me/BitGoals

Youtube: https://www.youtube.com/channel/UC-u6-DFb6pglkB9ksvAXIAw

Medium: https://medium.com/@Social_4834
Facebook: https://www.facebook.com/BitGoalsSTP

AUTHOR'S DETAILS

BTT Username : Chomsy

BTT Profile link : https://bitcointalk.org/index.php?action=profile;u=1759759

ERC20 Wallet Address : 0x2249C7eEd5CF914d391916E2736774Bfb5Db4905

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Can sports betting become a source of income? I'm wondering if this is possible, or if it's better not to waste my time on betting.

I'm not sure that sports betting can be the main source of income because it is a risk and lack of any kind of stability.