BetterBetting - For a decentralised sports betting on the internet

Introduction to BetterBetting:

The gambling industry is one of the largest entertainment industry in the world. Besides casino gambling, sports betting is very popular and has the biggest share in the gambling industry. With BetterBetting, a betting crypto-currency that will establish decentralised sports betting on the internet is created based on the blockchain technology. BetterBetting aims to provides a global betting liquidity pool and builds up on gaming industry veterans.

Current problems in the sports betting industry:

  • Online betting industry is lacking innovative ideas
  • Lack of security, privacy and high fees
  • Betting pools have a limited
  • Restricted payment methods

The solution and advantages by BetterBetting:

  • Peer to Peer betting with no central party
  • Access to betting in jurisdictions where dealing with operators is illegal
  • Provably fair and Unbreakable
  • Instant access to Winnings
  • Applicability to other Activities
  • Open Source Systems
  • Ease of funding for betting
  • No requirement for a regulated entity
  • Access to large wholesale bets
  • No risk to punters from underfunded Operators
  • And much more...

For a easier to understand video, please take at the short, but informative Youtube video by BetterBetting:

BETR-Tokens and distribution:

With BETR-Tokens, the official cryptocurrency of BetterBetting, things will change.
In total there are 650,000,000 Tokens, with each Token worth 0.1$ at the ICO price. The hardcap of BetterBetting is set to be at 30 million USD. 55% of the total token amount will be provided in the ICO. The rest will be distributed as followed:

Update: How to obtain BETR-Tokens?

Since the ICO has recently ended with a big success many people are asking where they can still buy BETR-Tokens. Currently the Tokens are traded on IDEX and Etherdelta. For mid february 2018 the trading on the big exchange HitBTC is already confirmed. BetterBetting is also currently in progress to list BETR on Bittrex.

Achievements and Roadmap:

Started in the end of october 2017, BetterBetting has quite a few achievements to celebrate. The further look at the roadmap for 2018 looks quite promising.

The team:

The team behind BetterBetting already have a lot of experience not only in the gambling industry but also in the blockchain technology. On their website (link will be provided below) you can check out their profiles in more detail with each including a short summary as well as links to their linkedin page.

Besides the team, their advisor team also looks very good. With having the greatest snooker player on board, Ronnie O’Sullivan, this project will benefit from his expertise in the sports business. In the advisor team, there is also Jon Matonis, the founding director of the Bitcoin Foundation as well as many more.

Strategic partners:

A good project and a good team is great, but in order to have success, strong strategic partnerships are required. BetterBetting has teamed up with 3 quite experienced and famous partners, 2Bet2, OptimaPlay and CoinPoint.

My opinion:

As I'm a sports better myself for several years now, I can really tell that currents' problems in the sports betting industry is true. I have also faced several problems such as betting restriction/limitation, as well as slow payment methods over the past few years. With BetterBetting, this looks so much different now. I'm very fascinated by their idea behind this project. Being able to use cryptocurrencies and combine that with the sports industry is a great step forward into the right way. I have high expectations about BetterBetting and truly believe that this project will come up big. I'm already excited to see what will become of BetterBetting in the upcoming few months.

Further information:

For more detailed information about BetterBetting I highly can recommend to take a look at their official website, as well as join and follow their official communication channels.

Bitcointalk ANN:

My Bitcointalk Profile:;u=904089
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