SUMMARY

Betrium is the solution developed by group of entrepreneurs and MIT & MIPT graduates offering the first partlydecentralized worldwide betting service (betting exchange & sportsbook) with zero-commissions accepting crypto-currencies and offering platform for event organizers, developers and thirdparty service providers.
As 2017, the global regulated gambling market is about $533b. The betting market accounted for $70b in global gross
yield. The unregulated sector is many times larger.
*Today’s online betting services have a several disadvantages: *
— They’re not worldwide and allow withdrawals in limited countries only.
— Most of betting services does not accept cryptocurrencies at all.
— They take high commissions.
— Some of betting services automatically take taxes on personal income.
— Makes profit for beneficiaries only.
Some of the today's decentralized solutions have the following problems:
— Slow bets processing. Any solution powered just by Ethereum blockchain simply can’t provide the speed required for
professional betting/trading on sports.
— Crypto-currencies volatility.
The solution is Betrium.
— Betrium accept crypto-currencies from all around the world.
— We can process bets fast on our decentralized platform.
— We stabilize crypto-currencies volatility.
— We offer the lowest commission and the most profitable odds possible.
— We optimize our customers’ taxes and fees.
— We provide platform for event organizers (such as esports streamers, sport leagues etc.), so they create own matches /games on a blockchain and can earn money.
— Finally, Betrium is 20% more profitable for customers than any other service.
Moreover, we are the first to offer a powerful betting API for developers, third party apps and betting bots. In future, Betrium may become a worldwide betting processing center providing its core to the huge number of services.
So, to make the world’s largest betting service, Betrium is doing an initial coin offering and issuing its tokens on a public
blockchain. Betrium is a project, where a real business meets new-generation technologies.
Join our ICO and get your own Betrium tokens!

INTRODUCTION

As a part of an IT outsourcing firm, our Team once had a project related to sports betting services (odds analysis and betting automation). During the process of development, we faced the three obvious problems: in most cases, bookmakers' commissions and fees are absolutely unfair; they accept only national currencies (USD, EUR, RUB) and allows money withdrawing in limited countries only; the betting providers are completely unfriendly to developers and bots.
We made some research of the betting and gambling markets and bookmakers' business model. After months of analysis, our Team came to the conclusion of building own advanced and fair service based on powerful blockchain technology.
In Betrium bets happen off-chain and only added when the event happens and the outcome is undeniable. However the bets are broadcasted all over the network instantly for the odds to be recalculated. That means, in contrast to competitors, we are able to provide high-speed betting service built on decentralized IT architecture.
In project financing, called "Initial Coin Offering" (ICO) has caused a breakthrough. That has contributed to the development of a new economy, which in its turn has opened up opportunities unimaginable in any traditional economic system. The phenomenon is ICO got world's resonance because of its ability to provide access to the global investment market for fast and safe project fundraising.
The main difference between Betrium and other projects is the business model that actually makes money for founders, investors and customers. So Betrium is launching ICO to raise funding and to make the world's most advanced gambling
platform.

See More Details
White Paper: http://betrium.co/betrium_whitepaper.pdf