We have explored the startups in prediction markets and traditional betting houses and have found only one trusted, decentralized, and operating project - Augur, which is currently operating on the main Ethereum network.

Other projects, like Bethereum, FansUnite, FunFair, are primarily focused on betting traditionally and are working on some similar business models. But they contain critical problems, such as liquidity (market making) and user acquisition.

None of those projects have the solutions to the mentioned issues, significant market share, or market influence at the moment. And in our opinion, to create a successful project means to combine trustless blockchain processes, ordinary non-blockchain services and a self-scaling social system that allows low-cost user acquisition.

Here's an example of how lending tokens to other users works:

A token holder has tokens which grant him a commission-free betting limit of up to $100,000 per month, but he does not use this limit. He is free to lend his betting limit to other players who may be interested in saving on the house commission fees of 5%. So he can charge other users less than 5% to use his betting limit. If he charges 1%, then the token holder would earn $1,000 from other customers who used his limit. Even though the token holder has not personally made a single bet, he has attracted other customers to bet on the platform using his tokens and has earned money for doing so.

Betmatch’s purpose is to create a comfortable and safe environment for our players to place a bet and to connect to each other. And a social betting system seems to be a very helpful tool to achieve this goal.

The XBM Strategic Reserve will be frozen for a period of not less than 1 year or when the platform reaches 1 000 000 players, whichever comes first. Betmatch may choose to buy XBM tokens from the market and place them in the reserve at their discretion. In some extraordinary cases, Betmatch may temporarily release XBM tokens from the Strategic Reserve for additional liquidity to accommodate for special sporting events around the world.

The token allocation for the founders and the management team will be vested for a period of not less than 1 year.

Betting platform is not an exceptional idea but still it is hard to find the one that would definitely had a perfect solution for the users and the platform itself. That’s why we want you to see that choosing Betmatch is a right decision!

Now we are going to compare our blockchain solution for bookmakers with a betting platform named Bethereum. The platform uses peer-to-peer betting with its own token. It means that users simply cannot bet against the platform. Its token, BETHER, can be used only on the platform.

As for Betmatch, players can bet against a platform and other users. Why are we called an instrument for betting business? The answer is like a piece of cake - because on our platform you will be able not only to place bets but also to build your own business, providing statistics or generating content.

Still doubting? Check our website to get to know more: https://tge.betmatch.io/

Betmatch has such benefits:

1. We're the world’s first decentralized betting platform that combines the classic business model, executed in trustless paradigm using blockchain technology and the social betting network as the second (community) layer.

2. The proposed technical and business solution provides customers with an original service of house trustless betting, using cryptocurrencies. Deposit, bet execution and withdrawal processes are executed with the help of blockchain network services (direct crypto payments, smart contracts) and cannot be affected by third parties.

3. The critical invention of Betmatch is an innovative social betting system, that serves players, analysts and Betmatch itself. For players, this model gives the opportunity to significantly reduce betting commissions in comparison with traditional betting houses as well as to use proven trust-based social betting service. For analysts, it is a unique opportunity to direct and trust less monetization of their skills, influence or subscription base.

4. Betmatch is focusing on creating not just a private business, but a community-driven system. The business model includes a significant (up to 50%) automated and trustless profit share as a reward of social activity (not of direct token staking!), that brings value in the ecosystem.

People, who own XBM tokens, have a range of possibilities to gain more profit on betting as well as monetize their betting-related activities. Active players can save up on the house commissions, occasional players can lease their tokens when they don’t feel like betting, active content generators can finally monetize their analytical skills and betting expertise.

Check our full-length article on the topic: https://bit.ly/2IQNhvG

We combine the classic betting house business model using blockchain technology combined with social betting network. Everyone will be able to bet without any intermediaries and third-party payment systems, and all transactions are tied to smart contracts. In addition, the commission will be minimal and it will lead to a significant contribution to the platform development.

Each token can be used in the following ways:

1. To place bets without any house commissions by buying and holding XBM tokens.

2. To lend XBM tokens to other customers in exchange for monetary compensation.

In the future, with continued platform development, token functionality may be extended with the opportunity to place bets using these tokens and even stake them to provide valuable information to the system.

Welcome! Follow our news and get to know us better. We are always ready to help.

Greetings!
Betmatch invented an innovative social betting system using blockchain technology that serves players, analysts and Betmatch itself.
Social betting works as a community layer where every customer can subscribe to one or many other users. The subscription allows the customer to receive a service that provides sports analytics, XBM tokens in the lending mode or other features. The service provider can collect all or part of his subscribers’ bet volume and add them to his own statistics. In such way, Betmatch aims to create a social network of connections between the customers.

Betting has been profitable for a long time, but it got its second wind and turned into multi-billion dollar industry with the rise and rapid development of Internet. People place bets on sports events, because they like to bet and because they like sports. Gambling on something, as simple as a roll of the dice, can be absolutely breathtaking, if you have money at stake, just as watching your favorite team winning an important match.

Imagine that you combine the pleasure and excitement of both sports and gambling together in one pastime. In this way you win twice when your favorite team or sportsman is victorious in their contest. This is why more and more people every year start placing bets on sport events.

Interested in other reasons to place bets on sport events? Check our new article to find out: https://bit.ly/2J4IGWJ

The investor oriented type of sale is continuing! During this stage of TGE the investors will be able to purchase XBM tokens and get 10% as a reward.

Furthermore, since Betmatch is a community-oriented platform, our team decided to provide more people with a chance of becoming Betmatch investors and to take advantage of token holder benefits, so we decided to extend the duration of the private and public sales. Private sale is extended up to December 30, 2018.

Betmatch invites players into the new world of betting opportunities, so don’t miss the chance to get XBM tokens to fully benefit from our services!

Follow this link to become a token owner: https://tge.betmatch.io

Placing bets on Betmatch platform is done in three simple steps:

1. Deposit in cryptocurrency in  one click.

Betmatch uses cryptocurrency called Ethereum for bets execution, money depositing and withdrawal and takes advantage of smart contracts feature provided by the Ethereum blockchain. Users send ETH to contract and receive balance inside Betmatch betting service.

2. Bet on the desired event.

After users receive ETH to their Betmatch account balance, they can place a bet to the contract on the desired event and choose coefficient from a wide betting line.

3. Receive a trustworthy and fast payout if you win.

When sports event is finished and the results are available, smart contracts execute a bet automatically, and the won ETH are ready for withdrawal. Any external third parties cannot influence funds, bet execution and payouts. Players don’t have to wait and depend on the bookmaker anymore.

Follow this link to read more information: https://bit.ly/2EtZlo3

Prediction markets have advantages over traditional betting solutions, because they use modern technologies such as blockchain, cryptocurrencies and smart contacts to eliminate the problems of traditional betting. They use trustless public blockchains such as Ethereum and Bitcoin to allow transparency and remove the central regulation body. But Betmatch blockchain solution is built upon the same principles, as the prediction markets, while giving its customers a range of sports related possibilities for additional income.

Betmatch introduces social betting platform that allows people to save money on house commissions as well as monetize their sports related knowledge. Sports experts can not only place bets by themselves, but create a faithful community around themselves and gain additional financial profit by means of generating and selling the relevant sports analytics and other unique content.

If you enjoy the idea of secure decentralized betting with cryptocurrencies, but also want more ways of earning steady income, join us today!

Follow this link to read more: https://bit.ly/2QYYrBv

This week we continued improving technological side of the platform as well as extending our business connections and spreading word about our project.

Speaking about technological side, our development team added the possibility for Betmatch MVP users to bet on the following sports apart from football: volleyball, tennis, handball, badminton and basketball. You can choose the sport and game you are interested in and place a bet in several clicks of the mouse. Our team also added the possibility to follow the course of events concerning your bets.

Furthermore, Betmatch team couldn’t miss the opportunity to participate in HackIT Forum in Kyiv – an international forum on cybersecurity, especially taking into consideration the fact that the main topic of this year was “exploit blockchain technology”.

Want to know more? Follow this link to read our full article: https://bit.ly/2pT8sV2

According to the official data, the total income from interest rates in Italy increased by almost 20% compared with September 2017.

According to the published data, online sports betting provided a cumulative income of 139.6 million euros during the last month.

The results achieved by licensees increased by 19% compared with last year. Annual revenue increased by about 38% to 1.1 billion euros, almost half of which was achieved by sports betting, which amounted to 472 million euros, or 39.1%.

Revenues from online betting rose by 25.7% to 60.5 million euros, and the market was headed by Planetwin365, which brought 16.2% in September. In second place was Bet365 - 15.5%, third place Snaitech - 10.5%.

For many generations betting accompanied humanity as a form of entertainment. Historians have all reasons to believe that people have been betting on the outcome of sports events ever since the organized sports events started to take  place. Betting has come a long way since its humble beginning, and eventually it has turned into a hugely popular industry, a favorite pastime for lots of people around the globe.

Betting industry is gaining popularity because it becomes legal in more countries and more accessible due to advance of modern technologies. Shifting to online medium allows drawing attention of bigger audience and attracting the female players. Usage of innovative technologies such as cryptocurrencies and blockchain allows creating a completely new approach to betting and spreading of e-sports offers new prospects that can spice up betting industry.

Read more information in our new article: https://bit.ly/2CHtFK1

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