In the recent years, gambling has become much more accepted globally. Between the years 2010 to 2016, the global market for online gambling has shown remarkable growth and extrapolations are made that the market would maintain the growth rates for the next 5 years. Asia is the prodigious market for gambling and sports bettin. By the end of 2017, the gambling market is projected to reach $533 billion with sports betting as the preeminent contributor.
Within oniline gamblimg, sports betting has become prominent as well as the fastest flourishing moiety worldwide. This is the era of innovation but the online gambling industry has been deficient in providing innovative ideas for a while. The bookmakers earn the highest profit, the payment methods are outdated and consistently winning players are either restricted or debarred. Lack of security, risk of privacy intrusion, exorbitant fees, and low returns, all of these are circumstances that either disappoints bettors or pushes them to underground betting.
Do yo think we can overcome the above mentioned challenges?
Do you think there is suitable solution?
Solution offered
Betr is the newest approach towards online betting industry. It is a betting cryptocurrency which will found a relaible decentralized sports betting on the web. Based on the Blockchain technology, it will provide sportsbook clients with no human or business entity in the middle of betting. The system is safe , the software as well as the transactions are decent and flexible.
The concept introduced by the platform is pretty simple. There is involvement of 2 parties in a bet. One one hand, there is a Bet Creator, the person who lays the bet and on the other hand, there is a Better, the person who takes the bet offer. It provides a path for 2 parties who do not know each other and have no common account possession to bet with each other. The platform's aim is to facilitate an one-on-one bet, that is, no influence or involvement of a third party. There is no percentage of wagers and no margins.
Peer-to-peer betting with no central party, appliability to other activities, open source systems, access to much lager bets (Wholesale market) , fair and unbreakable, no risk to punters from underfunded operators, ease of funding for bet replacement, and instant access to winning are some of the benefits provided to the consumers by the platform.
ICO information and team
10% of total is reserved for ICO. The funds will be spent on development and release of better betting protocol, development and open-sourcing of dapps and node software and marketing to key stakeholders and consumers. The team comprises of individuals expert in the fields of technology, finance and management.
Conclusion
Online sports betting is becoming popular worldwide. The current value of global online sports betting market is $205 billion.
Betr, an increduble platform, will provide a genuine peer-to-peer decentralized sports betting guidelines. This platform is a new method of using the advancements in technology for decentralized transactions initiated by Bitcoin and other crypto currencies. It promotes unrestrained and fee free betting.
The initiative will definitely change the face of online sports betting.
For more details visit
Website: https://betr.org/
Whitepaper:https://betr.org/whitepaper-nov17.pdf
Username: dammu
Btalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1307953