Bitcoin Forum

Peerbet: https://peerchemist.github.io/Peerbet/


How it works

Users place their bets by sending Peercoins to appropriate address. Each address now represent a pot. Among three pots per game only one can win as bets are for the regular time soccer game only (90 minutes + extra time). Soccer game can end with: home win, guest win or draw. The house (Peerbet) takes the Peercoins from both losing pots, deducts the 5% house fee and distributes the winnings proportionally to input to all the bettors in the winning pool. Users from the winning pot can expect the winning to be distributed within 4h after the regular time of the game has ended. Payment will be sent to the address of the largest input of the bet transaction. Bets are accepted as long as they are included in the block that is issued before the game starts. All the bets that came after will be returned to sender but with five times the fee (0.05). Make sure you own the keys of the address you use, do not use the exchanges.

Terms of Service

Use this service at your own risk. The Peerbet team does everything possible to ensure bets being paid out properly. Peerbet cannot be held responsible for payment issues. The games are parsed from the official UEFA web page, but it's the user's responsibility to double check the correctness of the game listing before placing a bet. Profits are used to fund Peercoin application development.

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