LetBet-The Revolutionary Open Source Online Gambling Platform

Online Gambling Industry is one of the corrupted sectors of the online business market. Fraudulence, scams and fake promises of profit bonus are the major factors which have reduced the reliability of this prospective market. Not only that, there are many reports where clients got bankrupted by trusting the lucrative but fake offers of the various gambling platforms. These are the perfect examples which prove the fact of an old proverb “Looks can be deceiving.” And that is where we the have emerged with our LetBet online gambling platform. Our platform is integrated with the highly advanced decentralized Blockchain technology which along with the facility of smart contact system. Through our advanced Online Gambling Platform we guarantee the top quality service to our clients while providing them the opportunity to enjoy all the true ecstasies of the online gambling industry. We have a highly experienced team who are committed to work for their clients. We have faith that our LetBet platform will bring the light in the midst of dark and corrupt online gambling world.

How the Traditional Online Gambling System Works
The present gambling system functions through a trusted third party where players have to rely on them to carry out the game. The third party organizes the whole gaming system and that is where they take the opportunity to cheat their clients. Most of the time, they try to fix the games as per their own interests and results in a biased outcome which breaks the fair play spirit. Thus, the gambling industry is becoming more and more stagnated.
How LetBet Works
LetBet works in a decentralized Blockchain system where everything is fully automated. All the functions of the platform are transparent and highly secure. Our platform offers smart contacts system which is highly reliable and completely relevant. All the rewards are distributed among the key contributors, i.e. game developers, referrers and operators of independent platforms required for the game discovery through an automated system. Our LetBet team wishes to make be in the top by employing our technological knowledge like; proper addressing and perceiving the issues of the online gambling industry.

To know more about our work, please feel free to visit our official website
https://let.bet/
Or, you can read our whitepaper from,
https://static.let.bet/whitepaper.pdf
The Betting System
Betting system is an important arrangement which forms after an investigation of prior wins and misfortunes. It builds players’ odds of winning more wagers without wasting a lot of time. In other words, it should be able to do this function in a lesser time. Besides, there is an interminable truth about betting system and that is, no betting system functions all the time. The system is continuously filled with chances. In a betting system a player may looks like cash which is a very interesting and peculiar aspect.
Types of Betting Systems
The betting system can be categorized into three distinct systems-

1. Positive Betting System
2. Negative Betting System
3. Insurance Betting System
4. Positive Betting System
   In this system the players can increase their wagers each time they become winners. This the best of the three systems because, here players are not expected to have a major add-up to initiate the diversion.
5. Negative Betting System
   There are a few players who desire to wager much higher whenever they lose. The reason they do this, is their desire to resolve their past misfortunes through a single winning wager. To stay on this system a great amount of bankroll and courage is required. It is a very unsafe betting system considering the other systems for sure.
   To more about these two betting system please visit,
   https://www.onlinecasinoselite.org/post/ betting-system
6. Insurance Betting System
   In this type of betting system the player decreases his wager each time he loses. This system is more secure and considered as the perfect betting method. The ultimate goal is, to win cash. In the betting system each person has aim to increase the possibility of their winning by utilizing different techniques. And the interesting fact is this is the natural instinct of human kind. And, this intelligent effort they do whenever they take chances with their money.
   Many methodologies and betting systems have been created and implemented time by time. Some of them have brought extraordinary results and being adopted by the speculators from every part of the world. But, most of them have never been able to reach the general population. This is a huge failure as most of the methodologies do not function as expected. Moreover, experienced players who have figured out the winning methods they prefer not to share them with others.
   The Conventional Structures of Online Betting System
   Betting is always one of the most renowned and attractive internet-based businesses. According to the statistics of the Gambling Commission Industry, between April 2015 and March 2016 the total Gambling Yield (GGYI) of £4.5billion is generated by the online gambling operators. This has become possible due to the availability of betting alternatives which attracts a wide range of players.
   Another data we can get from an article written by Darren et al, which is based on an overview recorded in Australia shows that the most renowned types of betting and their contribution in the industry. The findings are the following,

To know more about the online gambling statistics you can visit,
http://www.gamblingcommission.gov.uk/news-action-and-statistics/news/2016/New-figures-show-online-gambling-is-largest-gamblingsector-in-Britain.aspx; and
Types of Online Gambling LetBet Platform Offers
There are various types of online gambling in the market. But not all of them can be done in our LetBet Platform. We introduce a typical number of popular games in our platform that can be played at present and these all are according to our road map. We are an open source and other game developers can easily join with us by signing up with us in order to list their developed games. These games will be available on the LetBet platform inline while complying with our goals. Some of the games are listed below,

1. Poker
2. Club
3. Games Betting
4. Bingo
5. Lotteries
6. UK National Lottery
7. Horse Racing
8. In Play Betting
9. Mobile Gambling
10. Advance Store Wagering
    LetBet is an exceptional online gambling platform which is trustless, borderless and fast online gambling platform integrated with the powerful Blockchain technology. Here, all the games are going to be written in the smart contact system, so no third party can manipulate the expected outcomes. Our goal is plain and simple, and that is ensuring fair online gambling for all. We are committed to provide quality service while ensuring the participation of all the game developers from every corner of the world. We believe we will become a platform where everyone can participate in a fair and square way. And we will make it through our unyielding team effort.
    For more information Please Visit the following Links:
    • Telegram: https://t.me/LetBetCoin
    • Twitter: https://twitter.com/LetBetOfficial
    • Facebook: https://facebook.com/letbetcoin
    • Github: https://github.com/letbetcoin
    • Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2683151.0
    • LinkedIn: https://www.linkedin.com/company/let-bet/