First decentralized Gambling Platform?

[dothebeats]

I think the idea has been around for quite some time now, although it didn't really caught steam because centralized gambling platforms are still superior in terms of reliability and overall quality of gaming experience on the platform. The key thing that this decentralized gambling platform needs to keep in mind is that people won't be swooned by such buzzwords; they need to introduce new features that will attract the gamblers and retain every good bits from centralized gambling platforms. People won't care about the platform sitting on the blockchain if it isn't even good enough to live up to the current standards of gambling.

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[Zilon]

I recently came across this news where BetDEX apparently
What do you think the whole hype is about, how would they be any different from the already existing gambling platforms working with Bitcoins and other cryptocurrencies?

It wouldn't just be an empty hype if it's open sourced although there would be no much difference between what BetDEX has in mind compared to the already existing Bitcoin and crypto gambling platforms just the absence of the third party interference. But getting a location been Scotland might call for future regulation it would have been far better if it ended in total anonymousity

[nakamura12]

It wouldn't just be an empty hype if it's open sourced although there would be no much difference between what BetDEX has in mind compared to the already existing Bitcoin and crypto gambling platforms just the absence of the third party interference. But getting a location been Scotland might call for future regulation it would have been far better if it ended in total anonymousity

It is still anonymous if you only know where they based. It's no different from not telling where they base as long as the team behimd didn't provide the team behind. It won't matter anyway if they gained a lot of trust from people even if centralized platform is much better than decentralized in my opinion.

[Fatunad]

It wouldn't just be an empty hype if it's open sourced although there would be no much difference between what BetDEX has in mind compared to the already existing Bitcoin and crypto gambling platforms just the absence of the third party interference. But getting a location been Scotland might call for future regulation it would have been far better if it ended in total anonymousity

It is still anonymous if you only know where they based. It's no different from not telling where they base as long as the team behimd didn't provide the team behind. It won't matter anyway if they gained a lot of trust from people even if centralized platform is much better than decentralized in my opinion.

When it comes to security or assurance then you would definitely be having that kind of no doubting the said platforms and since its been trusted up by many then you do automatically presume that it would
really be that safe on dealing with it compared into those so called fair site but still new and havent able to get some reputation and trust. When it comes on being decentralized or centralized
then it wouldnt matter since you do have your own common sense and will to differentiate and would able to make out decisions basing on what you had observed.

[Hypnosis00]

What do you think the whole hype is about, how would they be any different from the already existing gambling platforms working with Bitcoins and other cryptocurrencies?

I'm not sure how they become certain on the term Fully Decentralized gambling platform, I really don't think so. Maybe I would believe in using blockchain technology, but not the term decentralized. Or maybe I was wrong and stand to be corrected coz what I think this will have no difference from the other gambling site and operation as still, the management will still have the control of the game. In no way, they will let gamblers take more out from them but they are the ones.

[alegotardo]

I'm in doubt... will this decentralization be complete?
Like... I connect with my wallet, create the account, make a transfer, wait for confirmation from the network and can I start playing?
No KYC and nothing bureaucratic? If that's right, it will be wonderful.... hopefully it arrives soon and that it expands to more sites.

I'm actually surprised I haven't heard of it before, does it already exist? If it does, it's underreported or it might not be working very well.

[Bagaji]

Sound good to know that this is will happening soon in the gambling space and I will love to take a look at the feathers in the site any time they are fully operational. How I wish op will update this thread if possible with information anytime time the site is on I would love since am going to eyes on this thread.

[michellee]

I'm wondering what exactly is calling a "decentralized" bookmaker. We all think the point is that it's just built on blockchain, but maybe it's something else. Today I found a new gambling site where no registration is required, we only need to connect our wallet:
https://matchtoken.io/
Although I don't know yet exactly how it works and how it differs from other casinos, but maybe that's the case here.

I think that bookmarker is a stand-alone website and can be called a decentralized bookmarker. By the way, the registration does not need but we need to connect our wallet to their system and I think that is included in the registration process but we do not have to give our name or other details to them. So we can gamble privately without anyone knowing because that will only need a wallet to connect through their system.

[coin-investor]

I recently came across this news where BetDEX apparently made a public statement about how they would be launching *world's first decentralized Gambling Platform*

Few things to note:
Integrating sports betting with blockchain technology.
They are going to launch it in early 2022.
This would be based in Scotland.

I hope they can create an announcement here so we can fully review this decentralized gambling platform that they will create, there are already Dapp casinos online  https://dappcasino.io/ I don't know what will make them different from existing Dapp casinos and if they are going to be competitive and get the support of the majority of players, we have to see it first, but one thing is for sure the Cryptocurrency gambling is evolving.