When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of BetterBetting.
As of today the global gambling market, regulated and unregulated, turns over around $550 billion. So, it’s safe to say that many players wants a piece of the cake, while the market is fairly saturated with look-alike services. Anyone savvy enough to create a service or product that has a one of a kind market fit, has some good volume coming their way. Technavio, a leading market research company with global coverage, expects this market to grow tremendously over the coming five years in the digital aspect.
Betterbetting is a blockchain organization that has created BETR, a “betting cryptocurrency”. BETR will be utilized in a way that will decentralize the gambling aspect. Furthermore, the organisation believes that through the implementation of cryptocurrency, they will solve some of the main pain points in today’s gambling industry.
According to themselves; “The BETR token provides financial security with true peer-to-peer betting by eliminating the middle man and using blockchain technology. The software is safe and transactions are provably fair, secure and robust. The future of betting is BETR.”
As many other projects, the main reason for Betterbetting’s blockchain implementation is to create a secure platform without any costly intermediaries or middle-men. The system also diminishes the risk for collusion. Because, it can ensure that participating parties have no prior relationship to one another. So, with easy payments, secure transactions and a fairly creative anti-collusion system, BETR will definitely revolutionize the gambling market.