The key driver of demand in the global gaming market is in Asia. China and India are leading countries where betting in sports is carried out on a large scale, amounting to billions worth industry. Gambling is fastest growing industry in 2017-18 and people are investing in millions for betting in some of the biggest sports of the sports industry. However, the gambling is completely unregulated and uncontrolled system. There is explosive growth in the current years and it is also predicted that gambling, most precisely online gambling could contribute in trillions to the market in the upcoming years.
However, gambling is quite risky as the transactions are more sensitive to threats. Lack of security and proper control, configures it as a weak management system which is currently running on obsolete rules. But the current big growth is noticeable that clearly indicates the growing interest of people for moving into the gambling world.
The online gambling offers huge opportunity to cryptocurrency holders. There is a humongous need for a platform where people can use crypto coins to bet online in major sports. Better Betting brings you this desired platform for cryptocoin gamblers to experience the same facet of online gambling.
SOLUTIONS :
Better Betting is unique platform which is going to offer complete decentralize betting over the internet, solving major budgeting problems and transaction risks. It is a peer to peer betting platform which doesn’t involve any third party. The software is specialized to capacitate easy methods of payment for making a bet. The BETR currency is used to make a bet with very convenient manner.
Better Betting needs sophisticated technology to empower its platform with better betting options that help make its customer larger bets.technically, the entire betting process is reserved over the Ethereum blockchain which offers the optimal solution for all online gambling issues. Moreover, the results are completely fair and unbiased as it will be safeguarded by the smart contracts of its platform.
Entire management network operates its functionalities over a distributed database called as Better Betting Node(BBN).
BBN is essentially an application software that can be downloaded and used. It incorporates an Ethereum wallet which users can use to store cryptocoins or make payments. The application is very easy to use just like any blockchain based application. Hence, there are no complications offered to users in having their transparent experience of betting.
ICO AND THE TEAM :
Tokens worth 2 million USD will be raised minimum while, it may range to a maximum value of 30 million USD. There is a targeted Hard Cap to achieve 650 million token generation in the ICO. The fund raised will be directed for Development and release of the better betting protocol, development and open-sourcing of dapps and node software, marketing to key stakeholders and consumers and legal and administrative costs.
The team of Better Betting consists of experienced professionals in the fields of marketing, sales, blockchain technology, smart contracts, API, etc, who are focussed on creating the biggest ever platform of decentralized online betting.
CONCLUSION :
It is quite exciting to see how gambling industry is hitting a trillions worth market today. People are focussed on easy money making methods which are offered by betting in various sports. There is where people also need a platform where they can effortlessly bet on any sports in an uncomplicated way. Better Betting makes it easy as a pie for people. It offers a sorted lists of all sports and games where there are innumerable betting options for people to choose and decide on which to bet on. This has never been so easy and sorted as this. All thanks to Better Betting !
People were also preoccupied with the risks of losing money via third parties. This is now eliminated by the peer-to-peer structure brought into operation by the BB platform. No more threat can be noticed for getting or making payments. The encryption technology used by blockchain will protect and secure all data on transactions. Now there is no requisite to think twice before putting in any resource into it. Better Betting has made the online betting experience hassle free and enjoyable.
For more details visit
Website: https://betr.org/
Whitepaper:https://betr.org/whitepaper-nov17.pdf
Username: Pooja Jur
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