Ethereum Gambling
Ethereum Gambling

submitted 26th March

What is Ethereum? How can ethereum be used in gambling?

World Cup - Qatar 2022 Host stadium
World Cup - Qatar 2022 Host stadium

submitted 31st March

what are the host stadiums for the World Cup - Qatar 2022?

How to bet on Football matches
How to bet on Football matches

submitted 10th April

What are Football Odds? What are the best betting sites that have the best Odds? and how to choose the best bets for the Football matches. These question are all asked when starting betting on Football matches.

UEFA Euro 2020 Host stadium
UEFA Euro 2020 Host stadium

submitted 21st March

what are the UEFA Euro 2020 hosts stadiums?

What is Sport Arbitrage Betting? - Arbitrage Example & Meaning
What is Sport Arbitrage Betting? - Arbitrage Example & Meaning

submitted 16th May

Sport Arbitrage Betting card-playing is an activity where you place two different bets opposing each other while retaining a guarantee profit. Arbitrage Example will show how it works in betting.

Betfair API GitHub Code Samples
Betfair API GitHub Code Samples

submitted 28th March

How to connect to a Betfair API? using Json request to get latest horse betting Odds and much more.

How to win money in soccer betting
How to win money in soccer betting

submitted 10th April

Soccer Betting is a big Industry where people win money and lose money also. So How to win money in soccer betting?

Asian Handicap Explained - Simple explanation on picture
Asian Handicap Explained - Simple explanation on picture

submitted 15th May

Always tried to understand what is Asian Handicap in Betting, this article is a dummy guide to understand Asian Handicap in betting.

How to win sports betting?
How to win sports betting?

submitted 30th March

What are the chances of winning sports betting and what types of strategies?

Understanding Betting Odds
Understanding Betting Odds

submitted 10th May

To fully understand betting odds, you must know what a bookmaker is, what types of bets are there and type of Odds to fully understand gambling.

Betting on the Blockchain.

by Admin


Posted on 10th March


Betting on the Blockchain.
10 years ago, in 2019 the price for Bitcoin was cents. Lucky who invested back in the time since the price now is thousands... (up to you to do the math). Blockchain industry has now seen a boom with a lot more applications apart from cyptocurrencies. What is the connection between blockchain and Betting or gambling? The future will be more secure with this idea of blockchain since betting sites can introduce cryptocurrencies (like Etherium, Bitcoin and ripple). Not only that, but even we have smart contract which can make a bet more secure than ever since the decision will be done by a decentralized authority and not a single authority.
When we mention Blockchain, the word bitcoin comes to mind. This is because the first ever application that is structured as a blockchain is the first cryptocurrency bitcoin. That does not mean that bitcoin is blockchain, it just uses the architecture and idea. Now a days there are several cryptocurrencies, Most famous are Etherium and Ripple. A lot of use cases are being brought up so that they use the blockchain, some of them are Healthcare, real estate and iGaming.
Etherium has introduced smart contracts that work in a decentralized state and not in a single authority. This means that two people can do a contract together and there is no need of a third person (in real life there is a lawyer) instead there is this decentralized authority which is shared across all the peer network in a blockchain.


Tags: Blockchain future betting Bitcoin Etherium Social Betting crypto-currencies