Better Betting : The future betting currency

reallinks (30)in #cryptocurrency • 6 years ago

The online gambling industry has lacked new ideas for some period of time. The bets are massively in favor of the betting house, the payment methods are obsolete and regularly the winning players are limited or prohibited. There is a lack of security, lack of privacy, exorbitant fees and low returns, all these factors are elements that discourage gamblers or lead to illegal gambling. That's why i am here to introduce you to betterbetting the future.

WHAT IS BETTER BETTING?

BetterBetting is a useful crypto currency for betting that will set bets in sports with a completely decentralized system on the internet. Just like all platforms in the crypto world, BetterBetting also creates a blockchain-based crypto currency with the BETR symbol that serves to alter the gambling system we've known by making the blockchain system instead. BETR is being built by a veteran in the gaming industry that will make BETR the exclusive crypto currency of some of the world's leading game operators. betterbetting brings new changes in sports gambling to ensure a fair and strong betting opportunity between the two sides, and will remove most of the friction associated with sports betting placements.

INTRODUCTION

Better Betting Foundation is a project to create a global pool of liquidity rates for use by creators of betting rates and betting players. This project relies on effective technical implementation to achieve its goal of providing Global Betting Liquidity Pool. Along with the development of business needs, technical inquiry has been conducted with the aim to find the optimal technical solution. Basically, the intention is to provide a pool of global betting liquidity for use by targeted market creators and bettors. In principle, anyone can make a Bet Offer based on a real sporting event, this is more traditionally known as a bet. Every project solves a problem which brings me to the need for the conceptualization of this project.

The betting acceptance process then involves blocking Ethereal to maintain an agreed bet contract which also has shares and liabilities in escrow — the system will use self-issued token bets (BETR). When the event is over, the bets associated with the event can be completed. To settle the bet, the result of the selection should be determined.

The smart bet contract will contain information about the parties that will supply the results of the selection. In the case of bets offered by these sports books generally the Bet Offer Creator (bet bet). Another solution is to direct a third party to the results (this could be a data feed) or point to a custom third-party node that is a knot node — it will be completed according to a set of rules based on all other similar settlements.

Advantages

Peer to Peer bet without central
Applicable to other activities
Open source systems
Access to the most important bets - the angle of wholesale
Probably fair and unbreakable
There is no risk for the customers of operators with insufficient financing
Financing for placing bets
Direct access to benefits
Authentication

The blockchain system helps with the open relation customs of transmission to offers public audience as might to join as gathering decision to get involves with the party as available and put of assessment as displacing use of submission of funds as regulated with the crypto finance administratives of independence entity with the open source system with no need of regulation from the third party moderation as the service goes on running exhibition.

How It Works For Everyone

There are two parties who bet. In our terms, we call the party that created (or put) a Bet 11 Offer a BET CREATOR. Traditionally this would be a sports book but in our case, anyone could be a Creator Bet. On the other hand, the party who took the offer offer (or part of it) is called BETTOR.

From the point of view of Bettors, they basically want to see a list of sporting events and betting options with the available obstacles and limitations. By selecting a bet option and applying the bet amount, a bet can be made. For CREATOR BET, they want to be able to create a Bet Offer series with betting options, opportunities and limits (maximum risk exposure) and place them into the betting directory so Bettors can select them as above. It is predicted that a standard BBN API will be created that allows Creator Bet to integrate directly with their own systems thereby offering automatic offer of creations.

Above all this system needs to know when the sporting event is scheduled and when the results. To do this, the same APIs available for sports books can be used to link samples of BBN and data feed providers. This will facilitate the creation of automatic events, markets and selection and can also facilitate the results. One of the main features of the directory is to provide Event ID, Market and Selection so that event data can be paired with the betting creator system. The Event ID will include the Primary Feed Provider ID and may also include the Creator ID.

FEATURES

To facilitate a super easy betting process, they have designed the distributed peer to peer model which has many benefits, and a few of them are mentioned below.

Open source system and access to much larger bets
Easy funding with instant access to winnings.
Peer to peer betting with BETTERBETTING software
Three layered structure on the Ethereum Blockchain
Escrow services and Easy settlement for funds for winning parties.

ABOUT ICO AND TOKENSALE

Betterbetting will introduce a crypto currency (BETR) through the ICO program and the token sale is part of a plan to facilitate peer-to-peer based transaction platforms that will make transactions transparent and secure.Token Details:

Name: BetterBetting
Symbol: BETR
Type: ERC20
Platform: Ethereum Blockchain
Payment received: ETH, BTC, BCH, DASH, LTC, and currency.
Distribution in ICO: 55%
HardCap: $ 30 000 000
Price: 1 BETR = 0.1 USD

Sales Token

about $ 2 million dollars to $ 30 million will be raised slowly in token sales. These funds are used to:

Better bet protocol development and release.
Software and node development.
Marketing to key stakeholders and consumers.
Legal and administrative costs.

IMPORTANT!!!

"The sale of Token (ICO) will soon end on January 31, 2018. For that friends must immediately rush to participate in the purchase of this BETR token because the sale is at the door."

For more information visit the links below

Website:https://www.betterbetting.org/

Whitepaper:https://betterbetting.org/BETTER_BETTING_Foundation_White_Paper.pdf

Facebook: https://www.facebook.com/BETRBetting

Twitter: https://www.twitter.com/BETRBetting

Telegram: https://t.me/betterbetting

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1082634