Albetrage Platform - First arbitrage betting

in #albetrage3 years ago

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Everyone loves sport betting, it improve our socialization skills, serves as a good form of leisure and entertainment. Sport betting aids in learning new sports, it create the possibility and potential of winning big bucks which is probably the biggest reason why people choose betting in the first place. The gambling industry as of today is an enormous and ever growing enterprise that worths over $449.3 billion and has created millions of jobs all over the world.

Still with all the uncountable benefits that comes with sport betting, bettors today face huge problems when it comes to winning. The betting industry today is not just broken, but also exploitative. They operates on promises of making bettors rich, but use every trick in their book to confuse and manipulate customers, making them to lose more than they gain. They have mastered the art of using odds to confuse and manipulate bettors, indirectly making bettors to chose what they (the bookies) wants them to chose. They set their odds in a way that they can tell what majority of bettors are going to bet on. They know they are going to lose 80% of their choices. All that is about to change.

Albetrage will put power in the hands of the bettors, eliminating exploitations. Albetrage will achieve this by fostering a self-sustaining platform where everybody can bet with confidence of winning. It will provide the wider global community with ways to bet in sport, that will enable both the bookies and bettors to share betting revenue proportionately.

Albetrage platform eases a complete shift in the area of sport betting, it was developed with the aim of disrupting the betting industry using cryptocurrency and blockchain. It takes away absolute power from the bookies and gives it to the bettors. It will make use of Ate token which is a community driven decentralized crypto currency powered by a decentralized TRC-20 smart contract on the Tron blockchain, to enables global access to its markets

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Sport Betting

Sports betting is a form of gambling that entails placing a wager, also known as a bet, on the outcome of a sporting event. The primary intent of sports betting is to win additional money. it can also extend to nonathletic events, such as reality show contests and political elections, and non-human contests. it is, in fact, an ancient form of entertainment. It is estimated that the very first bets appeared along with the first sport disciplines. Then people quickly came up with the idea that you can bet on a particular event and even make money while having fun.

The essence of bets has changed over the centuries. Sports betting on the Internet appeared together with the development of the world wide web in the mid-90s. In the beginning because of several difficulties of technological attitude (few people had access to the Internet), Online sports betting was not so hugely demanded. Only after some time, when the Internet has become massively available in our homes, people could discern interesting spending leisure while setting bets on sports.

Advantages of sport betting

1. Play Every Day with Convenience : A lot of our favorite hobbies are great, but we just can’t play them every day. This can be because they are too expensive or maybe they are a physical hobby that our bodies aren’t strong enough to endure every day. Sports betting, on the other hand, is an affordable hobby (or profession) that you can play and enjoy every single day.

2. It’s a Good Source Of Entertainment and Fun : No matter what you’re betting for, it addsfun and entertainment to your daily routine. Not all the bettors run after money,some bettors gambles just for the fun of it. Gambling for fun has a huge added benefit, and that is the peace of mind. You won’t bother even if you loosing all the bets made in a day, and winning will be a bonus. Sports betting can add a whole lot of excitement in the matches, once you place a bet, you start enjoying every bit of the match being played. It increases the importance of a game manifolds even if it isn’t being played by your home team.

3. Socialization : Sports betting can also improve our socialization skills. Sports betting may come in two ways. First, you can witness a live sporting event where you can gamble while watching the match. In this way, you can meet lots of people in different age brackets, races, and traditions that take part in sports betting, and you can work with them on how you can effectively wager. Second, you can do it online where you play with other sports bettors and work with them virtually.

4. A Chance to make money : One of the best things about sports betting is that you get the chance to make some money. The possibility and potential of winning big bucks is probably the biggest reason why people choose betting in the first place. It doesn’t matter how much money you bet with, what matters is that at the end of the day, you can win some bets and get some money.

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The Solution

In order to win consistently, Bettors tries all form of tricks to beat the bookies, but we all know that sadly, for one reason or another, most bettors end up losing their money. One of the reason is that most bettors place bets with emotions, the bookmakers understands this fact. Though the bookies can’t control the outcome of sports events, but they can control what most bettors do. They have mastered the art of using odds to confuse and manipulate bettors, indirectly making bettors to chose what they (the bookies) wants them to chose. They set their odds in a way that they can tell what you are going to bet on. They know you are going to lose 80% of your choices. The second major reason is the fact that bookmakers use certain techniques to make sure they are always at an advantage. For you to win consistently, you basically have to overcome this advantage. Bookmakers are essentially your opponents, and you have to learn how to beat them. Before you can do this, you need to understand exactly how they are ensured to make money

Arbitrage Betting

In the financial world, Arbing (Arbitrage), is the process of purchasing something (mostly an asset or product) and then selling it almost immediately in another market for a higher price in order to profit from an imbalance in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms.

In sport, arbitrage is quite similar to the financial world, bettors takes advantage of arbitrage betting by exploiting odd differences in multiple bookies for the same event. The point of arbitrage betting is to cover all of the possible results of a sporting event in order to guarantee a profit, regardless of how the event plays out. Arbitrage works when a bettor takes advantage of the different odds offered by different bookmakers, by placing multiple bets on each of the possible outcomes of an event, so long as the odds guarantee you a profit. Arbitrage betting is the only way to make constant profits from sports betting. You don’t even have to rely on your knowledge of sports. Once you have placed an arbitrage bet you have already made profit.

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Albetrage Platform

We believe that betting can actually be a source of income for both the bookies and the bettors, it should not work for only the bookies as is obtainable now, who pockets huge sums of money, at the expense of majority of bettors who ends up losing money in the long run. We want betting to be another form of investment where a bettor can bet with the confidence of winning something at the end of the day, rather than depending on luck, that 80% of the time will not work. We wants to put power in the hands of the bettors, eliminating exploitations.

Albetrage Features

  • ANONYMOUS BETTING : Albetrage was built around protecting our users’ privacy. we are not interested in your identity, we only want to see you win.
    GLOBAL MARKETS : Albetrage makes use of ATE Token, which enable faster transactions and break regional restrictions that associates with fiat payment.

  • USER FRIENDLY : We have one of the best user interface, making it easier for our users to navigate.
    LOWEST FEES : Bettors pay the lowest fees you can get anywhere, you can keep 99.99% of your winnings.
    BIGGEST ODDS : We offer the biggest odds in the world, we don’t reduce our odds like others, we increase it to match their reduction.

  • 24/7 SUPPORT : Albetrage platform has well trained customer relationship officers, readily available to help you resolves any issue.

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Ate Token

ATE Token is the fuel of the Albetrage’s platform, it is a community driven decentralized cryptocurrency powered by a decentralized TRC-20 smart contract on the Tron blockchain to nourish the connection between blockchain and betting. Ate token will help Albetrage to break the barrier of location which has been a major hindrance to many bettors all over the world. It can be transfered peer to peer and easily traded on cryptocurrency exchanges. it tends to disrupt the way the gambling industries operates because of many advantages it has over fiat, some of which includes.

  • faster settling times
  • lower transaction fees
  • higher privacy
  • transparent and immutable record keeping

Ate token will enable global access to Albetrage markets. Mere holding ate token will not make the holder a shareholder in Albetrage Ltd, neither will it give the holder any right (of any kind or nature) to the profits generated by Albetrage Ltd.

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Token Details

  • Name : ALBETRAGE
  • Ticker : ATE
  • Maximum Supply : 5,000,000,000
  • Blockchain : TRON

Token Distribution :

  • 5% Airdrop and Bounty
  • 5% Legal
  • 10% Team and Advicers
  • 30% Marketing and Adoption
  • 50% Foundation

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Albetrage Roadmap

June 2019

  • Completed
  • Idea Conception
  • More team members
  • Consultations.

December 2019

  • Completed
  • Albetrage Foundation Formed
  • White Paper
  • More Consultations.

May 2020

  • Completed
  • Platform and Website Development
  • Chatbettor Partnership
  • More Consultations

October 2020

  • Completed
  • Ate Token Created
  • Website Launch
  • Social Media Presence

Ongoing

  • Airdrops and Bounties
  • Translation Campaign
  • Social Media Campaign

Coming Soon

  • Platform Gamification (Dice, Casino, Lottery, Etc)
  • More Airdrops

Conclusion

Albetrage is not the normal betting platform you know, it is unique and different, it offers only arbitrage odds, let’s me give you an example, let’s say Nadal and federa are playing a match, on bet365, Nadal to win is 1.7 odds, and federa to win is 2.3 odds. Now what Albetrage does is to offer Nadal to win as 2.0 odds, and federa to win as 1.01 odds. If you bet both options on bet365, you may win or lose. But is you select Nadal to win on Albetrage platform and federa to win on bet365, you have covered the two options. A user with 100 USD, using our Arbitrage calculator to calculate how much to bet on each platform, will bet 46 USD on federa (2.3 odds) at bet365 and 54 USD on Nadal (2.0 odds) at Albetrage platform, it can only end in profit for the bettor no matter how the game ended, he will make 6.9% gain on his capital either at bet365 or Albetrage platform. It is no more betting for the user, the betting now is between Bet365 and Albetrage. I encourage everyone to read Albetrage whitepaper to understand more.

#Albetrage #ATE #Crypto #Bet #Arbitrage

Learn more about the project:

Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
Albetrage Account : ozie94

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Crypto only adds complexity to the process. Why invent something new? There are after all ordinary sports betting.

Arbitrage betting has become an intriguing approach for bettors looking to maximize their profits. With the emergence of platforms like Albetrage, it's now easier than ever to engage in arbitrage betting strategies. These platforms provide opportunities to take advantage of discrepancies in odds across different bookmakers, allowing bettors to secure guaranteed profits. If you are interested in sport betting, check how does 1xBet Bangladesh works. This bookmaker is one of the best in my opinion.

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