Online betting games are very popular in the world because it is considered as a home-based casino. It serves the purpose of entertainment and can
help the player earning extra income from betting. Site play betting has many forms like Crash, Dice, Poker, Sport betting, Number, and so on.
Even with good and bad sides, the people admit that they will still be active in the world.
The crypto currencies like Bitcoin, Ether have solved the gambling price problem to some extent. Cryptocurrency casinos and online betting games are cost effective and can offer a 0.01% - 2% house edge, with instant money transactions charging no fees or little fees. However, the transparency problem is still there. Casinos and the online betting game sites can easily rig the game or hide profitability from the investors and players.
Using Ethereum smart contracts, we can have a low price per gamble or betting and solve the transparency problem. Random numbers and payouts can be ruled by smart contracts which are fully public and implemented on an Ethereum blockchain. Now players can see everything: transactions, sums, bets, the reasons why transactions are moving and, most importantly, the mechanism of randomness. If the casino or the game site tried to rig the odds, it would be immediately spotted.
Yobet aims to launch a game betting ecosystem with transparent and selected zero edge online betting games. We will offer a 0% edge Blackjack as well as other games like Dice and Sports Betting. All games will be based on the Ethereum smart contract and will ensure fairness and transparency.
All of the key operations will be regulated by smart contracts, giving users a fully transparent experience. We will be using the client’s seed and our own
seed to generate randomness. After bet is made, client will be able to see our unhashed seed on Ethereum Blockchain and verify the randomness.
Using a smart contract, there is no way that casinos can rig the odds even if they wanted to. It is near impossible to censor smart contracts, because
they are placed in a decentralized infrastructure. All Ethereum smart contracts will be publicly available for everyone to see and examine in publicly accessible websites. Thus, Yobet can offer 0% house edge and 100% transparency.
Thanks to the development of blockchain technology and free-market trading, we created the Yo token used in Yobet's game betting ecosystem with currency functions, circulated in the game floor, and traded freely. Yo Token will be the replacement for the old form of the game, bringing a new dimension to the world of players who love the game, generating greater profits from the token's worth of growth. Gameplay players who were previously attracted by the rules of the game are now attracted to the rules of increasing token’s value they hold. The presence of the Yo token replacing the old betting currency will open a new chapter for the betting.
Thank you.
We will try our best to do what we said
