BetterBetting- More fair Winnings.

emilyearl (45)in #blockchain • 6 years ago

betr head.png

Sports betting over years, is something that people have come to love especially the male folks. This is as a result of its ability to provide them with a passive source of income and it has been doing that for some lucky ones and those who have always been unlucky, they have not been able to win any bet thus far. The internet, has provided people with the opportunity to partake in online betting and no longer the traditional way of betting. Online betting ahs made betting easier and more rewarding for people who take part in it. This can be seen in the sky rocketing figure which the global sports online market is net at, ‘‘the market is valued at $205 billion’’, this report is as reported by Statista. This only goes to show how valued and how large, this market is and how much the players gains from placing their bets.

Despite this large figure, the market has some setbacks. Over the years, this space has majorly been to the benefit of the owners of the bet house as the odds are always in their favour. This is because he is the only one who has access to his backend, despite these exorbitant fees are always charged from the players and they have little or nothing in return from the bets. The betting market has as well lacked privacy and openness to its participants.

Blockchain technology has brought about open source and verifiable transactions and this has made it easier for the track of activities and privacy as well as transactions on the blockchain is anonymous.

BETR is a betting platform built on the blockchain, BETR is revolutionizing the betting industry and establishing a decentralized sports betting platform on the internet. BETR, being built on the blockchain will ensure that bets are free from middlemen interference, it will also ensure players gets more fair bets unlike what is seen in the traditional betting industry today. This is because the BETR platform is truly on a peer to peer operations and no intervention of external forces.

On the BETR platform, will be able to pay for their transactions, through the BETR tokens which will ensure fast and cheaper transaction charges to the participants. The blockchain will be able to ensure everyone gets a fair game and no manipulation by anyone whatsoever.

The unique feature of the BETR platform that distinguishes it from every other bet house or platform, is that BETR will not be collecting any percentage of the bets placed or bets won. The wins are all rewarded to the players. Every bet will be on the blockchain(ethereum) and can be verified by anyone at any point in time. BETR is also eliminating the issue of payment using credit cards or bank wires and assisting everyone to make payment using their token. This will enable anyone anywhere to participate in the bet house and irrespective of their location. The cryptocurrency payments will ensure fast transactions and eliminate the limit of transactions which the banks always place on individuals, thereby giving every individual the opportunity to bet as much as they want on a daily basis without any limit.