Do every bookmaker have a reliable license? Bitgoals is here to check!
Advertising avalanche
Now it is hard to imagine, how much money bookmakers spend on advertising. Maybe, they could spend it on developing of some great technology, which will make gambling fair and clear, but it has no chance to happen in the nearest feature. And the reason is not only the will of owners of such platforms to remain things unchanged, but also the bettors themselves. They keep on going and play by the rules, so the companies do not feel a need to change something.
Most of bettors could say that they do not have any choice, but in fact, they are able not to use platforms, which have already lied to them. In most cases, when account was blocked or suspended, person goes and registers new account in the same betting portal. You have already got used to the interface, know many people from the group chat and, possible that they offer some unique betting opportunities. However, none of this features give betting portal right to fool your or steal your money.
In perfect world, any similar issues should be investigated by the country or organization, which is responsible for providing betting website with license. Some companies even build their marketing campaign on underlining of owning a license. In other cases, license will grant that you are able to trust this company, but in the field of online betting, licenses do not matter at all.
Most of license makers are small island countries that try to earn money in any possible way. They give an opportunity to create offshore zones, and provide online gambling portals with licenses. They do not care about real incenses, so even fake portals and frauds can be licensed. When you are going to sue them, there is no change of winning.
Blockchain is here to help
Nevertheless, blockchain revolution is on the rise, and it could help to change the rules. Above we have described the order of things in the centralized world, but decentralized solutions are able to make bookmakers and gambling portals honest and transparent. Several years ago owners of such companies could say that there are not enough tools on the market, but after creation of Bigoals, everybody could make gambling clear and transparent.
Bitgoals provide bookmakers with ability to store all the data about games and payouts on the blockchain, which grants that it will remain unchanged. This is the real feature, which allows increasing trust. In the same time, bookmakers got an ability to perform secure KYC procedure, where people do not fear about using their data, or to remain all the players completely anonymous. It will eliminate the need to track users with multiple accounts.
Bitgoals had successfully passed through the ICO and now Bitgoals Team is hardly working on the new project. You still have an ability to buy tokens, which will be the only available payment method within Bitgoals ecosystem. If you are going to step aside the revolution in the gambling market, you will regret about it.
Website – https://bitgoals.com/
Whitepaper – https://bitgoals.com/wp-content/uploads/2018/06/Bitgoals_WP_3.pdf
ANN Thread – https://bitcointalk.org/index.php?topic=4428882.0
Author bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1380108
MEW Author: 0xc6a39838977927e7e0e6C7B1014273C8E4f0D41c