THE ROLE OF BITGOALS IN ENHANCING  SPORT BETTING INDUSTRY

in #blockchain6 years ago (edited)

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Betting has been an integral part of our sports and they have been partners for a considerable period of time. Be that as it may, the relations between the two have been wavering apart.

Most people engage in sport activities out of passion and some out of the need to exercise their body. Thete are some that tends to combine both passion and income. Most people now engage in sports activities to increase their income and one of the best way to do that is to place a bet with multiple odds outcome and if ur possible selectionsis correct you get paid.
This has driven many with large funds to engage in sport bet considering the high profits it generates. But many have lost a good amount of money ssue to illegal action of bookmakers who manipulate the outcome of the best to their favour. This illegal bookmakers are unfair in their odds distribution and some dont even payout on time to winners of bet. This has created a large speculation and distrust between the bookmakers and their customers and users. This illegal bookmakers operates under false or no license at all and most of these users can not easily differentiate between the legit bookmakers and illegal bookmakers.

Millions of users bet billions of dollars year in and year out, legally & illegally, and when they bet on sports in the underground market, they must trust crooked bookmakers and anonymous, illegal centralized websites that easily take off with their money, or get shut down by government regulators, leaving bettors without pay-outs and any chance to recover their earnings.
In order to reinstate the trust and drive sport bet forward there has to be a new technology that will establish absolute transparency and efficiency the game needs. Blockchain technology promises to be that awesome technology that will revolutionise the sport bet industry.

We live in an time that is increasingly influenced by technological innovations. Their roles and use in our daily lives have become increasingly more meaningful and, in many cases, indisposable. The 21st century will forever be remembered as the century
that introduced one of the most disruptive technologies in the history of mankind: the
blockchain. The breakthrough of this technological phenomenon continues to revolutionize all spheres of human endeavors.

Millions of people bet billions of dollars every year, legally & illegally, and when they bet on sports in the underground market, they must trust crooked bookmakers and anonymous, illegal centralized websites that easily take off with their money, or get shut down by government regulators, leaving bettors without pay-outs and any chance to recover their earnings.

THE ROLE OF BITGOALS IN ENHANCING SPORT BETTING INDUSTRY

Bitgoal is a decentralized qnd innovative sport bet platform whoch provides equality for each stakeholder in the system ensuring all fairness and transparency in the betting world.
bitgoals is a decentralized platform built on blockchain technology developed to help eliminate illegal sport betting platform that has caused many to loose funds due to their lack of trust and transparency. Bitgoals is a self-regulating platform that deliver secure, private, and safe sports betting on a global scale. Players avoid high fees, corruption, legal harassment, and violence, prevalent in today’s industry. Using bitgaols is easy, fair, secure and at the fingertips of every user and sport bet lover.
The decentralized nature of blockchain makes bitgoals platform one of the most transparent betting platform there by establishing trust between users and the platform. In addition bitgoals also provides instant payout once a bet is won without any billing system or credit card payment, no more having to wait any longer for pay which is common in other illegal sport betting platform.

Bitgoals platform is run by smart contracts execution which binds agreement marking it practically impossible fot anyone to manipulate or temper with bet results. This smart contracts also provides users the opportunity for them to place a bet with any amount they want no restrictions of whatsoever.
The registration process is quite easy and ambiguous registration process of other bookmakers. The fear of this bookmwmers is fraud but with bitgoals smart contract it eliminate every fraudulent activity.

INTERFACE

User-friendly interface
What will be an excellent platform if users can not daily navigate through The website. Bitgoals platform user interface is developed with Html and JavaScript. Which will be easy for users to navigate through and operate efficiently on the platform

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CONCLUSION

Unlike other sport bet platform bitgoals provides a betting platform that is secure, transparent, fair and guaranteed capable of providing the unique satisfaction users needs.

For more information visit:

Website: https://bitgoals.com

Whitepaper: https://bitgoals.com/wp-content/uploads/2018/06/Bitgoals_WP_3.pdf

Twitter: https://twitter.com/BitGoals

Facebook:* https://www.facebook.com/BitGoalsSTP

Telegram: https://t.me/BitGoals

Writer: ghandy

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2090033

ETH: 0x88D66Ac005F5C0D4cbCad33fe5A620571F65D5FF

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