[ANN][TOKENPRESALE] mBet.io sportsbook platform - page 3.

penoze

legendary

Activity: 1235

Merit: 1003

https://minepi.com/cryptomeneer

Quote from: mBet_Shaun on October 24, 2017, 01:31:23 AM

Quote from: penoze on October 24, 2017, 01:23:40 AM

Put mbet on my watch list.

If I understand good so far mbit wants to offer a platform with an decentralized solution to wagering.

Going through the whitepaper tonight for getting more informed about this project.

Kind regards,

In the spirit of being totally transparent. We will launch with a traditional model, then release a decentralised parimutuel racebook in a few months. All the while trying to overcome the nightmare of concensus for a sportsbook. The minute we do we will move to a decentralised full service sportsbook.

Cheers

Sound great so far. Is this project the same like wagerr or must I imagine something else. Wagerr claims to build something similar with masternodes who's confirm bettingcontracts.

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: Muheng on October 24, 2017, 02:17:00 AM

i don't see the indonesian whitepaper on the thread above. can i help you to translate it?? PM me if you need it.

I sent you a PM. We would be keen for you to have a look at translating the website also.

bestino

newbie

Activity: 6

Merit: 0

Quote from: mBet_Shaun on October 24, 2017, 02:08:37 AM

Cheers.

Jump over, register and have a play around, worst thing that can happen is you end up with a few free MBT's

I already registered and got free MBT's Grin

Muheng

member

Activity: 160

Merit: 10

i don't see the indonesian whitepaper on the thread above. can i help you to translate it?? PM me if you need it.

bon3s90

full member

Activity: 434

Merit: 106

There is a HERO in everyone of us!

Quote from: mBet_Shaun on October 24, 2017, 02:08:37 AM

Cheers.

Jump over, register and have a play around, worst thing that can happen is you end up with a few free MBT's

Will do that for sure ;-)

mBet_Shaun

member

Activity: 307

Merit: 20

Cheers.

Jump over, register and have a play around, worst thing that can happen is you end up with a few free MBT's

bon3s90

full member

Activity: 434

Merit: 106

There is a HERO in everyone of us!

Quote from: mBet_Shaun on October 24, 2017, 01:16:48 AM

Hi Mate.

We are not ragging on Hero, they are a great product. We are just highlighting whats around in the wagering space.

Never said that ;-) Just wanted to say that you missed some aspects on your comparison chart

Quote from: mBet_Shaun on October 24, 2017, 01:16:48 AM

As for the transition to blockchain, we have been building wagering platforms for a decade now and we understand at this stage some things work commercially on the blockchain and some things don't. We are very excited about our parimutuel racebook that will be fully decentralised and operate wholly via a smart contract. But with a sportsbook to get consensus on the number of markets that are required to be competitive just isn't feasible at the moment. We didnt want to bullshit our community by saying things like "we are decentralised but we will operate centralised oracles" we just say that "at the moment we cant see a working solution for that amount of markets so we will use centralised oracles".

We are offering a full service sportsbook that is functioning and able to go to market immediately, that will help to fund the further development of our blockchain based offerings. Whilst providing revenue for our supporters and hopefully drive up token price as we deliver milestones.

Thanks for your answer.
For now it's not an investment case for me but I will follow you project!
Wish you all the best

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: penoze on October 24, 2017, 01:23:40 AM

Put mbet on my watch list.

If I understand good so far mbit wants to offer a platform with an decentralized solution to wagering.

Going through the whitepaper tonight for getting more informed about this project.

Kind regards,

In the spirit of being totally transparent. We will launch with a traditional model, then release a decentralised parimutuel racebook in a few months. All the while trying to overcome the nightmare of concensus for a sportsbook. The minute we do we will move to a decentralised full service sportsbook.

Cheers

penoze

legendary

Activity: 1235

Merit: 1003

https://minepi.com/cryptomeneer

Put mbet on my watch list.

If I understand good so far mbit wants to offer a platform with an decentralized solution to wagering.

Going through the whitepaper tonight for getting more informed about this project.

Kind regards,

mBet_Shaun

member

Activity: 307

Merit: 20

Quote from: bon3s90 on October 24, 2017, 12:58:02 AM

In your Whitepaper, you have a comparison chart. What do u mean with Production System? A working product?
Also, there are several wrong information about your "competitors".
e.g. HERO has a working product, offers (theoretically) more than one sports type with their API for 3rd parties and if I understand your "Revenue Distribution" right than also this is done by HERO with the "Pool Reward".

And finally, what is the reason you offer your service in the blockchain when you still have bookmakers?
Why not cutting out the bookies like HERO does?

Hi Mate.

We are not ragging on Hero, they are a great product. We are just highlighting whats around in the wagering space.

As for the transition to blockchain, we have been building wagering platforms for a decade now and we understand at this stage some things work commercially on the blockchain and some things don't. We are very excited about our parimutuel racebook that will be fully decentralised and operate wholly via a smart contract. But with a sportsbook to get consensus on the number of markets that are required to be competitive just isn't feasible at the moment. We didnt want to bullshit our community by saying things like "we are decentralised but we will operate centralised oracles" we just say that "at the moment we cant see a working solution for that amount of markets so we will use centralised oracles".

We are offering a full service sportsbook that is functioning and able to go to market immediately, that will help to fund the further development of our blockchain based offerings. Whilst providing revenue for our supporters and hopefully drive up token price as we deliver milestones.

bon3s90

full member

Activity: 434

Merit: 106

There is a HERO in everyone of us!

In your Whitepaper, you have a comparison chart. What do u mean with Production System? A working product?
Also, there are several wrong information about your "competitors".
e.g. HERO has a working product, offers (theoretically) more than one sports type with their API for 3rd parties and if I understand your "Revenue Distribution" right than also this is done by HERO with the "Pool Reward".

And finally, what is the reason you offer your service in the blockchain when you still have bookmakers?
Why not cutting out the bookies like HERO does?

mBet_Shaun

member

Activity: 307

Merit: 20

Forgot to include the translation Bounty, we will give 4000 MBT's for the translation of the www.mbet.io site.

The translation will include:

Terms and Conditions
About Us
Rules
Responsible Gambling

and any thing else that may need translation.

Languages Required:

Spanish
Portugese
Portugese (Brasil)
Chinese
Japanese
Korean
German
Swedish
Turkish
Russian
French
Arabic

Just post in this thread with the comment I reserve XXX language.

mBet_Shaun

member

Activity: 307

Merit: 20

MBET.IO

MORE SPORTS, MORE LEAGUES, MORE GAMES

We are proud to introduce the mBet wagering platform. The platform is operational and can be tested at https://www.mbet.io

Firstly; the platform consists of a traditional fully functioning sportsbook that accepts multiple cryptocurrencies, this platform is proprietary software and integrates several third-party casino style games (slots and live dealer table games) to provide users a total wagering solution.

Further; in development is a decentralised parimutuel betting blockchain, based around an application specific smart contract. Initially focused on horse racing and later propagated to the entire wagering platform.

The mBet platform delivers:

Lower operational costs; with fixture creation automation, automated odds compiling, monitoring liabilities, resulting and settlement.
Open Architecture; in order to avail of integration opportunities with multiple third parties to expand market presence.
Product on shelf; More sports, more leagues, more games than any competitor.
Leading Industry Certification.

FIRST WEEKS RESULTS.

We have come to the end of the first week of the platform being available to the public and we thought that we would share the results.

The gross trading numbers are as follows:

Turnover : 161,207

Gross Gaming Revenue (Profit): 14,271

That's a profit on turnover of 8.7% on turnover.

HOW WE ARE DIFFERENT

For starters we have a fully functioning sportsbook, we are ready to hit the ground running. But most importantly, in the transition to an application specific smart contract parimutuel racebook (now that’s a mouthful), we bring years of industry experience.

BITCOINTALK CHATTER

https://bitcointalksearch.org/topic/mbetio-new-sportsbook-looking-for-feedback-100-free-mbts-to-test-the-system-2305013

Topic: [ANN][TOKENPRESALE] mBet.io sportsbook platform - page 3. (Read 1921 times)