Allbebet

platform based on Blockchain technology and smart contracts using AI.

Betting is also known as gambling, it dates back to a long time ago and so we are not a new trend. This is a practice that has stood the test of time and since its creation, it has enjoyed an extraordinary level of popularity and adoption. In the world today, almost the entire world population is quickly entering into gambling and gambling and the gambling industry is quickly becoming a very useful practice in the world system.

As the bet progresses, it continues to attract many new users to participate, because of its benefits and as a result of this increase in the number of participants, the need for mediators arises. This group of people or even companies acts as an intermediary for betting arrangements and they also facilitate payment of wins to betting winners. Even in these last moments, the betting industry takes a new turn to ensure that participation becomes easier and smoother when cellular betting has been introduced.

Now, gamblers can bet directly from the comfort of their home with just their cellphone. This is really a big boost for the gambling industry because the income generated from it continues to increase. Regardless of how fast the betting industry is growing, the current gambling system doesn’t help because they are plagued with imperfections.

Problem

Return of the trigger bet

Players can guess correctly the outcome of a match, but bets will return the bet amount to him and not win. That is permitted in accordance with the rules of the city office, which rarely changes. Players often don’t read user agreements and remain confused. The standard reason for canceling is that the coefficient is set wrong. However, lost bets are not returned to the player. Bets often use this trick, trying to cancel big wins, crediting smaller amounts “to maintain activity”.

Fight against successful players

Bets do everything to identify and screen successful players who often win. If a dealer suspects you as a “professional player,” he can set limits, both on all bets and on individual events, often reducing the number of bets allowed to a minimum. In general, bets always set limits that benefit them, which do not allow players to produce.

Centralized architectural hacking

Online services that used to no longer provide the required level of security. Hacks, accompanied by theft of personal information and user cash, occur everywhere.

Barriers to withdrawing funds

Bets often use all means to save their money as long as possible, crediting money to the winner takes a long time, payments are delayed, additional verification procedures are performed. In some cases, you must write an additional claim regarding honest withdrawal of funds.

Solution

block Chain

Blockchain and related technology will help solve the main betting problem. Blockchain provides complete transaction transparency and guarantees data accuracy. No one can cancel or change your bet because it is not possible to change entries on any host. Using a distributed ledger protected by cryptographic algorithms will increase the level of security and user confidence.

Smart contract

Smart contracts eliminate third party involvement in betting. They provide automatic fulfillment of transaction conditions, transaction processing and asset exchange between parties without intermediaries, following the ‘code is principle’ concept. Using smart contracts in the Allbebet.BET application creates an environment where nothing can affect the outcome or betting logic. Players can be 100% sure that bets will be played according to their conditions if the match is taking place.

Gambling own currency

The ALB token is Allbebet’s own gambling currency and is used for all operations in the company’s products. The deflation model and the Token stabilization function make it possible to cut volatility costs that cannot be carried out using ETH or BTC. Also the first stage of a gambling currency allows it to be protected from risks related to account lock and barriers from the system that controls the sector.

Allbebet business model
Allbebet provides a convenient service that allows you to bet without betting and enjoy the game. Users enjoy full control over bets and funds, and 100% confidence in the performance of betting conditions. The ALLBEBET.BET platform works using a smart contract, and the results of the event are delivered by Oracle from confirmed official sources regarding the completion of the event which does not include the possibility of forgery.

ALLBEBET can connect many players from all over the world. Users will find here all the usual tools for betting, as well as additional features implemented on the platform. To maintain the platform in operation, the company charges a 7% fee for each win.

Use of ALB tokens

Odds to place bets on the Allbebet platform .
Opportunities to buy platform goods and services from clubs, players and sports partners in the “Auction” section.
Opportunities to buy company products and services on other platforms.
Technical collaboration opportunities with other gambling sites that will allow the integration of part or all of the ALB tokens into their infrastructure.