Whats the use of blockchain here? What if i want to create a bet who will die first in mid ( i'm talking about dota 2 ). Who will verify the results? It's an impossible task to do something like that using blockchain. Makes no sense. There must be some normal system just like regular betting sites. I don't see any use of blockchain. In my opinion this project is just trying to gather some money and run away afterwards. I hope all buyers are cautious and realise that.
Hello!
With the use of blockchain, cryptocurrency provides the speed and anonymity that has made cryptocurrency ideal for people looking to wager safely and has given sports gamblers an alternative to traditional online books. The speed of cryptocurrency transactions makes using cryptocurrency sportsbooks a much safer option to everyone than traditional sportsbooks. You can deposit, wager, withdraw, and have your money back in an immediate control.
While using the Blockchain, your transactions are fast and cheap, it will reduce high fees and and will also ensure high levels of international liquidity. Blockchain-based system is universal and ideal for any country, so there is no need in modifying the program for every region or in adopting specific payment methods. Use of decentralized system eliminates the risk of fraud on the part of sportsbooks, the risk for an account getting blocked and problems with withdrawing funds for regular bettors. Also, blockchain highly reduces the costs of the infrastructure. Because of that, more funds can be used for the projects development.
