BX.BET is a blockchain-based betting and prediction market ecosystem, designed to change the way the world bets. With BX, we are creating a decentralized betting exchange without a middleman and centralized structures, that has the ability to disrupt and redefine the traditional betting industry by offering its users a unique and enhanced experience.
BX.BET is a global, decentralized peer-to-peer betting and prediction market ecosystem that will allow its users to place bets on any market created by the community using the BX token.With the smart contract power of the ethereum blockchain, BX is able to cut out the middleman and give its users full control over their funds and betting transactions at all time.BX aims to completely disrupt and redefine the traditional betting industry by offering its users a unique betting experience.A 60 billion $ market is about to be revolutionized...
PROBLEMS OF THE BETTING INDUSTRY
LACK OF TRUST
Traditional betting operators require a high degree of trust - which is sometimes exploited by the bookmakers, to the detriment of their users. On the other hand, this responsibility results in high procedural and financial expenditures for the bookmakers as well.
LACK OF TRANSPARENCY
The processes of traditional bookmakers remain hidden, giving no insights into what information led to specific odds and making it impossible to ascertain whether the odds are fair or set too far in the bookmakers' favor.
INTERFERENCE OF PROVIDERS & LIMITATIONS
Within the current sports betting landscape, the players are very limited in their freedom of betting. bookmakers can limit the players in their betting behaviour and even penalise players who frequently win, by banning or restricting them.
High costs are required to run a traditional betting operator safely and efficiently for both the players and the company. These costs are reflected in high margin odds and directly charged to the players.
Our decentralized, blockchain based approach eliminates non-distributed processes and allows players to benefit from full transparency and total control over their betting experience. We remove the middleman and hand control back to the user.
BX.BET neutralises all problems and weaknesses from the current betting market, by introducing a powerful and distributed ecosystem running on self-executing smart contracts, which significantly cuts transaction and operational costs.
ADVERTISER's (Maxi32) ETH ADRESS: 0x3d4d2404bf9baaa9096f705f10341f892294b498
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