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Topic: [ANN][ICO]Betrium —Worldwide Betting Exchange with API and Organizers Platform🎾 - page 8. (Read 8102 times)

member
Activity: 210
Merit: 16
Decentralize $15-Trillion Global Trade Industry
Why do we need blockchain technology for this?? And secondly isn't bet365 and betfair are already running good. So how you plan to take away the market share from them?
member
Activity: 108
Merit: 10
Meet Spanish website!
¡Sitio web en español disponible! https://betrium.co/es.html
member
Activity: 108
Merit: 10
For sure we plan. If everything will go successfully, in the next several years we may get licenses in the following territories: UK, Gibraltar, Malta, Australia.

What do you mean by securing licensing?


Quite an extensive whitepaper/roadmap with a registered company behind it as well which is very good to see!

How realistic is the possibility of securing licensing and do you plan on acquiring it anywhere else besides Cyprus?

member
Activity: 108
Merit: 10
Can't say now. Such stuff is for future 2-3 years.
Now we're focused on betting exchange and our platform for organizers.

Will you include 'exchange games', like that which betfair has, where you play games like blackjack, hilo and poker by betting on the probability  of a card occuring?
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
Quite an extensive whitepaper/roadmap with a registered company behind it as well which is very good to see!

How realistic is the possibility of securing licensing and do you plan on acquiring it anywhere else besides Cyprus?
newbie
Activity: 4
Merit: 0
Will you include 'exchange games', like that which betfair has, where you play games like blackjack, hilo and poker by betting on the probability  of a card occuring?
member
Activity: 108
Merit: 10
Andrey, our main sports analyst with 12+ years of experience, was developing some machine learning solution to explore play strategies and tactics (was more about arbitrage betting). Now we're integrating some if this stuff into the Betrium moderation panel.

If we talk about accurate odds — neural networks are about abstract thinking, whilst betting is more about precise mathematical calculations. However, anyway we are integrating neural system for analysis and to work with some big data.


Have you guys considered harnessing the power of neural networks and machine learning to get more accurate odds?

That could be very useful. Good question.
member
Activity: 108
Merit: 10
More about taking part in the content development.

Betrium is moving forward and looking for foreign sports traders from all around the world to take a part in the project!
Global expansion is the most important Betrium's mission. Worldwide network of professional traders and analysts is important to understand local differences of markets and national sports characteristics.
If you have more than 3 years of experience and want to be a part of our team, send us your proposals to [email protected]

Are these for advisor positions?
sr. member
Activity: 756
Merit: 250
Have you guys considered harnessing the power of neural networks and machine learning to get more accurate odds?

That could be very useful. Good question.
full member
Activity: 476
Merit: 100
Betrium is moving forward and looking for foreign sports traders from all around the world to take a part in the project!
Global expansion is the most important Betrium's mission. Worldwide network of professional traders and analysts is important to understand local differences of markets and national sports characteristics.
If you have more than 3 years of experience and want to be a part of our team, send us your proposals to [email protected]

What did you have in mind, I wonder?
full member
Activity: 248
Merit: 100
Have you guys considered harnessing the power of neural networks and machine learning to get more accurate odds?
full member
Activity: 486
Merit: 101
full member
Activity: 512
Merit: 101
Betrium is moving forward and looking for foreign sports traders from all around the world to take a part in the project!
Global expansion is the most important Betrium's mission. Worldwide network of professional traders and analysts is important to understand local differences of markets and national sports characteristics.
If you have more than 3 years of experience and want to be a part of our team, send us your proposals to [email protected]

Are these for advisor positions?
member
Activity: 108
Merit: 10
Betrium is moving forward and looking for foreign sports traders from all around the world to take a part in the project!
Global expansion is the most important Betrium's mission. Worldwide network of professional traders and analysts is important to understand local differences of markets and national sports characteristics.
If you have more than 3 years of experience and want to be a part of our team, send us your proposals to [email protected]
member
Activity: 108
Merit: 10
full member
Activity: 476
Merit: 100
0% on winnings.
0.5-1% on money deposit + 1.3% for fixing balance in USD
0-1% on withdraw.



What kind of betting fees will there be?

So if I were to make a $100 bet, and won another $100 off of it. I'd pay ~$.75 on the $100 deposit, $1.30 on fixing balance in USD, and then ~$1.00 on the withdrawal. A total of $3.05 on $200, not too bad really. That might even be cheaper than most platforms operating currently.
full member
Activity: 248
Merit: 100
Some of the users, and probably the most of users of betting services, don't care about crypto-currencies' prices. They simply want to earn in $ and save $ balance. So we don't stop dumps, we prevent loosing USD.
Have you looked at this https://betrium.co/pics/exchange_031.jpg

Today Betrium announces one more important feature we've been working on for the last months.
We offer crypto-currencies volatility stabilization for users. In Betrium, balances will be fixed in the virtual USD/EUR, so users are protected from loosing in regular dumps. We're going to achieve that by integrating some exchange functionality (USD/BTC/ETH) and future partnerships with different local and worldwide exchanges.


I'm still confused on exactly how this works. How does fixing balances in the virtual USD stop dumps?

That's a good point. Who cares how much token price drops in the 30m it takes to place a bet?
full member
Activity: 512
Merit: 101
full member
Activity: 486
Merit: 101
sr. member
Activity: 756
Merit: 250
Some of the users, and probably the most of users of betting services, don't care about crypto-currencies' prices. They simply want to earn in $ and save $ balance. So we don't stop dumps, we prevent loosing USD.
Have you looked at this https://betrium.co/pics/exchange_031.jpg

Today Betrium announces one more important feature we've been working on for the last months.
We offer crypto-currencies volatility stabilization for users. In Betrium, balances will be fixed in the virtual USD/EUR, so users are protected from loosing in regular dumps. We're going to achieve that by integrating some exchange functionality (USD/BTC/ETH) and future partnerships with different local and worldwide exchanges.


I'm still confused on exactly how this works. How does fixing balances in the virtual USD stop dumps?

Thanks for the explanation, this makes sense now.
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