BITGOALS-REVOLUTIONIZING SPORT GAMBLING USING BLOCKCHAIN TECHNOLOGY

There are so many sport books in the traditional sports industry that you can’t just bring yourself to trust them with your money, personal information and verification documents. This t result in a situation were players opt for shadowy sport bookmakers to protect their privacy and seek more gains from games played. Players have lost money to may classy book maker companies because they paly according to the bookmakers coefficients that are often lowered and infact dictated by the bookmakers. There are also situations of loss of funds were bookmakers for one flimsy reason or the other refuse to pay players or in some cases reduce the winnings of players for flimsy excuses. Many players have lost have lost o shadowy bookmakers due to foul committed by underground bookmakers. There have always been the issue of trust and cost in the traditional sports industry therefore the major players still rely on authoritative bodies and regulations to instill trust, this results in tedious verification process for players, lack of anonymity and government intervention, cost here remain high for all involved parties. There is also the problem of delayed deposit or in some cases deposit made by players in some sports betting platform do not reflect at all, same problem applies to the issue of withdrawal were most players experience delayed withdrawal process by traditional bookmakers, maximum amounts of money is also set by traditional bookmakers that a payer can withdraw or deposit. With the proliferation of bookmakers there are so many shady bookmakers out there leaving players confused as to which is legal or not legal. To put an end to all this problems Bitgoals is introducing a platform which takes care of and brings together all role players in the industry so they can share the revenues and harmoniously co-exist. This would bring about an ecosystem that is full of trust and transparency as people can now participate in sport activities, administered by cryptogrphically verifiable code.
Bitgoals eliminates all the above mentioned problems by decentralizing the whole process of sport gambling, players get many benefits from this blockchain mechanism , eliminating many risk factors as all processes are transparent and payment is quick and anonymous. Bitgoals is a decentralized system, designed particularly for all players in the sports industry. As the platform is based on blockchain and smart contracts, no one can influence the results and jackpot payouts.

Advantages of Bitgoals over other traditional sport gambling platforms
• Simple registration to participate in draw games:
you only need to register a wallet and play anonymously unlike other traditional sport gambling platforms that require tedious identity verification process.
• Ability to use as much funds as possible: with bitgoals decentralized system the amount of deposit a player can make is not limited unlike centralized services in the industry. With smart contracts in place in the bitgoal system everything is handled properly with fairness.
• The ability to get an almost instant payout: unlike traditional platforms were large payouts is withdrawn in bits by players, at bitgoals players withraw their rewards and get it in the shortest possible time.
• Full independence: Bitgoals is fully independent from regulation, including regulation of the government that can lead to financial losses and problems for players because of unforeseen circumstances.
BITGOALS PLATFORM OBJECTIVES
• Speed up the payout process
• Make the jackpot generation and access to the information about it transparent
• Eliminate the fraud risk
• Anonymize the participation- no third pary is going to keep your data
• Get rid of the hidden fees and manipulations with the betting and payout amount – the information on all rewards is public.
Users can select any of the approved and supported sports activities in the BITGOALS PLATFORM which include; Football Basketball, Baseball, hockey, cricket, tennis, rugby, golf, boxing, olympics, and horse riding.
In conclusion using blockchain technology Bitgoals ensure adequate transparency for each participant using smart contract and ensures fast payout, at Bitgoals everything is clear for everyone to see.

BITGOALS TOKEN

This is the digital-currency that will be used for transactions in BITGOALS platform. It is an ERC20 token launched on ETHEREUM blockchain network. The token will be used in several ways such as transaction fees, betting currency, as a reward for users of the platform, and likewise, it will be used as a form of payment.

TOKEN DETAILS

Token symbol STP

Token type => ERC20

website whitepaper Bitcointalk Ann telegram facebook twitter

Author bitcointalk username: wapfire
Bitcointalk profile

ETH ADDRESS: 0x4B8818dCCbC9a72c6F3B74549738fbc1F6d41eDb