Online betting (or Web betting) includes games such as
poker, clubhouse and other conventional games played over the internet. In 1994
when online gambling became popular, numerous countries limited online betting
while some others construed it an illegal venture or practice. However, some
regions in Canada, some European countries, and a few Caribbean islands allowed
online gambling as a legal venture or practice. Since then, the online gambling
industry has grown to what is now, valued at 500 billion USD. It continues to
increase at a steady rate, with some indications that it will grow With the
development of internet and mobile technology, the online gambling industry is
forecasted to experience a boom in the near future. Now there are many online
games for gambling. Some of them are: sports betting, casino games, live
casino, e-sports betting and others. There are many problems with online
gambling like: Illegal Tax Avoidance, Conceivable Issues, Player Discernment,
Trust and Security.
Let.bet is made to create a revolution in the online
gambling industry. The aim of Let.bet is to create a platform that creates an
innate trust in a system for one to win a game, get rewarded and fair gambling
through a decentralized system. Let.bet has a lot of benefits that will fix
the online gambling problems. The first thing is that Let.bet offers anonymity.
Since bitcoin offers anonymity, where it allows users to make transactions
without leave anything private behind. What this means is that if you play
games online with our platform, the chances of your transaction being tracked
are slim.
Another benefit from Let.bet is that their platform is
freedom and flexibility because it is an online betting platform that is
conducted through smart contracts rather than on a centralized network of
computers.
Secure Platform: Online gambling with LetBet
is secure. This means that no one has prior knowledge or access to your online
wallet.
Fast Platform: Let.bet has created an optimized
platform that ensures fast content and service delivery anytime.
Anonymous Platform: You are hidden from the
internet, our platform is only interested in your optimal satisfaction while
placing your bets online rather than focusing on knowing your name and etc.
A Trust-less platform: You don’t need to trust
the system, everything is written in Smart Contract.
To provide a
trust-based, unlimited, secure, and fast web-based betting stages driven by
blockchain.
The final client (player) is very important in the LetBet framework. From then on, all transfers will be organized into smart contracts, in which no one can control the excitement. They provide reasonable and sufficient entertainment for every player.
Their stage extends to designers who are interested to take along their action plan through our stage; and bets to join and make other web based betting stages that are helpless, seamless, secure, fast and controlled by blockchain. In addition, the most important part is that their blockchain is not limited to internet bets, but can be used for several different purposes. This, similar to all the different blockchains, is a completely open source, hyperledger free and secure that can be used to have a variety of different items.
The final client (player) is very important in the LetBet framework. From then on, all transfers will be organized into smart contracts, in which no one can control the excitement. They provide reasonable and sufficient entertainment for every player.
Their stage extends to designers who are interested to take along their action plan through our stage; and bets to join and make other web based betting stages that are helpless, seamless, secure, fast and controlled by blockchain. In addition, the most important part is that their blockchain is not limited to internet bets, but can be used for several different purposes. This, similar to all the different blockchains, is a completely open source, hyperledger free and secure that can be used to have a variety of different items.
Unlike others, it's not just P2P-Based Smart Games, but
tailored to the online gambling industry in a way that will simultaneously help
third-party online gambling developers, and end users (players).
With our P2P smart
contract, ever since the game started, to the point where your results are
seen and the funds sent, you remain anonymous and secure through a smart
contract with a blocking system.
Seamless Flow of Gaming: Enjoy a seamless gaming
activity without the usual distractions. With our concept, you just have to
look around the game you want, pick it up, activate your wallet on it, make a
deposit (through smart contracts in seconds), play and end the game, then pull your
funds into your wallet anonymously.
The Gambling Market is filled with reliability and trust
issues that affect industry growth. LETBET Believe that blockchain technology
could be the biggest change in the industry. The P2P smart contract allows the
gambling platform to allow security and transparency on the platform. To start
playing games, you've purchased tokens and participated in the platform.
Nothing good comes from looking for trouble but finding a solution to a growing
problem is the key to growth. LETBET has tried to design sustainable platforms
equipped with the latest technology to reduce the current situation in the
online gambling industry.
ICO is LIVE NOW!!
A total of 199M coins will be distributed in the following
order:
- 50% coins will be issued in ICO.
- 15% coins will be reserved for third-party developers.
- 15% coins will be held by LBT
- 20% coins will be used for audit, bounty, affiliate program
Website : https://let.bet/
Whitepaper : https://static.let.bet/whitepaper.pdf
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