Rabu, 10 Januari 2018

BetterBetting-Providing a Global Liquid Betting Pool


A new methodology for using the advances in technology for decentralised transactions pioneered by Bitcoin and other crypto currencies to implement a truly peer-to-peer decentralised sports betting protocol. The proposed protocol will be opensourced and it is anticipated over time that numerous disparate software interfaces will be built (much as there are many flavours of Bitcoin wallet today) all using the common protocol with its underlying crypto currency.
Introducing BETR the betting cryptocurrency that will establish truly decentralised sports betting on the internet. Providing a Global Betting Liquidity Pool, BETR is being built by gaming industry veterans, for the industry.BETR will become the exclusive cryptocurrency of some of the world's leading gaming operators.Visit to Official website https://betterbetting.org/
                                 
The online betting industry has lacked innovative ideas for some time. Odds are massively in favour of the bookmaker, payment methods are outdated and regularly winning players are restricted or banned. There is a lack of security, lack of privacy, extortionate fees and low returns, all of which are factors which either put bettors off or drive them to underground betting.
- Solution BetterBetting
BETR is different.It is the betting crypto-currency that will establish truly decentralised sports betting on the internet. With BETR providing financial security true peer-to peer betting becomes possible on the internet with entities that have no prior relationship.Using blockchain we are able to provide sportsbook clients that operate with no human or business entity in the middle. The system is safe, the software and transactions are provably fair and robust.Add on the ease of paying for a bet through BETR currency and the fact that you can make larger bets, and you can see why BETR Betting is the future of betting.

Benefits of Joining
The benefits of the distributed model are numerous.
1. Peer to Peer betting with no central party
By providing a robust escrow and settlement service between 2 parties who do not know one another and have no common operator the system provides access to betting opportunities that did not previously exist.
2. Applicability to other activities
A transaction does not have to comprise a bet – the same system can be used for any activity where funds are escrowed prior to a result and then settled to the winner (eg. A game of poker) although we will focus on betting initially
3. Open source systems
Ultimately the software and standards that comprise the system will be open source and free for anyone to copy and use.
4. Access to much larger bets – the wholesale angle
There is a massive market for betting where the amounts exceed those that individual operators are prepared to risk.This system will provide the liquidity to enable these bets to be placed there are no system limits. Bets are pooled so many parties can match a single bet.
5. Provably fair and unbreakable
The software and transactions are provably fair and robust. Punters need to know that they will be paid their winnings no questions asked.
6. No risk to punters from underfunded operators
Punters have no risk of operators or layors who have insufficient funds to lay their bets in this system all bets are prefunded on both sides.
7. Ease of funding for bet placement
No more credit cards, wire transfers and other outdated payment mechanisms. BETR
(Betting coins) are ERC20 compliant coins and will trade on major crypto exchanges and can always be bought and sold against coins such as bitcoin and ethereum.
8. Instant access to winnings
Winnings are distributed as soon as a bet is resulted and available in instant crypto funds for use as the owner sees fit.

TOKEN SALE

Development and marketing of the system will be funded through the issuing of a betting token (BETR).The number of BETR tokens is hard capped, with liquidity increases facilitated by an increase in token value. There will be an early bird bonus system built into the ICO to incentivise early investment, according to the following schedule:
JOIN ICO https://betterbetting.org/ico-sales.html
Hard Cap : $30m
Suply Token : 650,000,000
Once the target $30M in ICO sales is reached there will be no further token sales part from maintenance tokens and reserve funds.


Early bird discount!
We are running an early bird bonus system in our ICO to incentivise early investment. The bonus tokens are allocated according to the following schedule:

Foto Bambang Widarto.
- Reserve Fund
A reserve fund of tokens will be created as part of the initial token event to be sold on the market at the discretion of the foundation. This reserve fund will be not more than 10% of the amount issued at the ICO and will be held in trust and not released for at least 12 months. No further tokens will be created apart from ongoing maintenance tokens.
Ongoing maintenance tokens will be created periodically by the foundation and sold on the market to replenish tokens that are burnt as part of transaction fees. Transaction fees will be based on the underlying gas price consumed by the transaction and will be fixed per transaction regardless of the amount of the bet.

Details Information :
https://bitcointalk.org/index.php?action=profile;u=1238810 
 

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