LetBet Was Formed To Create A Revolution In Industry Online Games

Hello meet again with me sarta afdal, I will explain about Letbet project that is formed to create a revolution in Indutry Online Games, more details please read below as follows:

What is letBet

LetBet is an online gambling platform where a goal is to provide the place of play. Without fear of cheating, players will feel safe and comfortable here!

LetBet was formed to create a revolution in indsutry online games. Our goal is to create a platform that creates an innate dependency on a potentially corrupt system for someone to win games, get rewarded, and play fair through a decentralized system to be replaced by smart contracts through semantic blocks without trust, without margin, safe. , and a fast online gaming system that benefits everyone.

Letbet Provides a protected, secure and protected online game platform supported by blockchain. The end user (player) is the main LetBet system. Thus, all games will be recorded in a smart contract where no one can control the game. We provide fair and fairly random games for every player.

GENERAL INFORMATION

Online betting (or Web batch) includes games like poker, clubhouse and other conventional games played over the internet.

In 1994 when online gambling became popular, many countries restricted online betting while some others interpreted it as illegal or practice. However, some areas in Canada, some European countries, and some Caribbean islands allow online gambling as a business or legal practice.

Since then, the online gambling industry has grown to what it is today, worth 500 billion USD. It continues to rise at a steady rate, with some indication that it will grow With the development of the internet and mobile technology, the online gambling industry is predicted to experience an explosion in the near future.

The online gambling industry consists of many business and technology models, which include:

Sports betting: Betting on sporting events (soccer, horse racing, hound racing for example)

- Online Poker: Service providers receive the benefits of betting.

-Casino Game: Slots and roulette works are similar to a traditional land-based casino.

- Bingo Online: Online ageold game version

-Online Lottery: Same as regular lottery, but operated online.

Key vendors in the Online Gambling Industry include: 888 Holdings, GVC Holdings, UniBet groups, William Hill and many others, operating from traditional business models. According to statistics, William Hill is a market dominator in the UK with a 15% market share.

GAMING ONLINE PROBLEMS

Despite the significant growth of the online gambling industry, the initial issues that some countries accept, and others deny the idea of ​​online gambling, are still lurking inside. This, from time to time, is formed into a major problem facing the industry. Some of them are highlighted below

RELATED CONCEPT CONCEPTS:

The online gambling industry is closely watched the industry. Some of these will be discussed below, as well as how to make the peer-to-peer system, eliminating unfair and questionable belief systems.

ILLEGAL TAX LAW:

Illegal tax evasion is one of the reasons why some countries refuse online gambling, especially those with no mechanism to monitor or unwilling to check the activities of the online gambling industry.

Similar to illegal tax evasion claims, some see online gambling industry as a means to easily launder cash.

PLAYER EXAMINATION:

Player sharpness is another problem in the online gambling system. The sharpness of players is mostly played in remote locations. A player, playing games with other players he does not see, may doubt if he is playing with a real person.

Players communicate with others through the GUI, which interacts with complex betting site servers. For the main reason that the players have no trust from other players on the other side, is the reason that makes players differentiate significant problems with online gambling, with every player having the perception that they are being manipulated.

In an online study of 10,838 online clubs and poker players, more than 96 respondents in the country expressed unusual amounts of doubt in online betting.

SECURITY:

Security is an important part of the challenges faced by the online gambling industry. Traditional online gambling providers operate through centralized computer networks. The main problem with this method is: when there is a system hacking incident, users will lose their money including information relating to bank account details and other confidential information. Despite the fact that security platforms evolved from the client and server side to improve the level of public security through the internet, vulnerabilities with centralized online gambling administration methods make it difficult to obtain error free systems. This is one of the major loopholes that LetBet's system aims to plug to revolutionize the online gambling industry.

ICO AND TEAM INFORMATION

This platform requires public support for application development. ICO is made public to become part of the Group. 20 million LBT tokens are available in presale that currently live until February 14, 2018. The main ICO will have 70 million Coins for Public starting from 24 February 2018 and continuing until 24 March 2p18.

The funds will be used for platform development and marketing and promotion. The team behind the platform is optimistic about the future of the platform. They believe that Decentralization will help realize the true potential of the online gambling market.

CONCLUSION

The Gambling Market is filled with reliability and trust issues that affect the growth industry. LETBET Believe that blockchain technology could be the biggest change in the industry. The P2P smart contract allows the gambling platform to allow security and transparency on the platform. To start playing games, you've purchased tokens and participated in the platform. Nothing good comes from looking for trouble but finding a solution to a growing problem is the key to growth. LETBET has tried to design sustainable platforms equipped with the latest technology to reduce the current situation in the online gambling industry.

I think they are ready to overhaul the gambling industry today with the introduction of the platform. Third parties and service providers can take advantage of LETBET platform capabilities to develop their industry solutions. The biggest advantage of this platform is user discernment. You may not need to disclose your location to participate in different Gambling types, such as Poker, Lottery, Mobile Gambling, Horse Racing, In-Play Betting etc.

The main competitors of this platform are FUNFAIR, TRUEFLIP and VDICE. What distinguishes LET BET from all is that they are based on Ethereal blockchain, whereas LETBET does not. The Online Betting Industry has a LETBET platform in a significant position to seize the market. So, are we ready to gamble?

ROADMAP



Important link:

Website: https://let.bet/

Whitepaper: https://static.let.bet/whitepaper.pdf

Facebook: https://www.facebook.com/letbetcoin

Telegram: https://t.me/LetBetCoin

Author: sarta afdal17

My Bitcointalk: https: //bitcointalk.org/index.php? Action = profile; u = 1519661

My Eth: 0x77921cc7e185e9d57a27DB0adf45f07cC2e91034