Top 3 Tallest Soccer Players - Football News
Top 3 Tallest Soccer Players - Football News

submitted 23rd May

All tallest players in football are more than 2 meters long and the majority are all goalkeepers.

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.

Why Cristiano Ronaldo has number 7?
Why Cristiano Ronaldo has number 7?

submitted 13rd March

CR7 is now a brand, Why CR7 always wears with number 7?

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?

Top 3 Richest Footballer in the world in 2019 - Richest football player
Top 3 Richest Footballer in the world in 2019 - Richest football player

submitted 15th July

Who is the Richest Footballer in the world in 2019 and have the most money as a football player, both earing and already earned sportsman?

How to make money Gambling Online & Sports Betting | Matched betting
How to make money Gambling Online & Sports Betting | Matched betting

submitted 15th July

Can betting be a source of income & what technique to use to make money from Gambling Online and also make money from Sports Betting? Also how to make money matched betting and bet on no risk matched 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 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.

How Double Chance bets are calculated?
How Double Chance bets are calculated?

submitted 11st March

what is the formula to calculate double chance bets?

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.

Postponed or Cancelled match. What happens to the Bet?
Postponed or Cancelled match. What happens to the Bet?

submitted 8th March

If a bet contains a postponed or Cancelled match what happens to the bet? and different scenario for single and multi bet.

Ethereum Gambling
Ethereum Gambling

submitted 26th March

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

What is Ethereum Gambling? football bet Ethereum [Etherium gambling]

What is Ethereum Gambling? How can ethereum be used in gambling or football bet Ethereum? Etherium gambling or Ethereum gambling!

by Admin


Posted on 26th March



Intro for What is Ethereum Gambling? football bet Ethereum [Etherium gambling]: What is Ethereum Gambling? How can ethereum be used in gambling or football bet Ethereum? Etherium gambling or Ethereum gambling!
Ethereum is an open blockchain platform that lets anyone build and use redistributed applications that run on blockchain technology. Like Bitcoin, nobody controls or owns Ethereum – it's AN ASCII text file project engineered by many of us round the world. however not like the Bitcoin protocol, Ethereum was designed to be adjustable and versatile. it's simple to make new applications on the Ethereum platform, and with the Homestead unharness, it's currently safe for anyone to use those applications.
Ethereum makes an ideal platform for gambling, this because it has smart contracts which can run in a decentralized way and no interaction with people. One of the simplest things regarding the blockchain is that, as a result of it's a suburbanized system that exists between all allowable parties it saves you time and conflict. Smart contracts assist you with exchanging cash, property, shares, or something valuable in a very clear, conflict-free method whereas avoiding the services of a middleman. Best thanks to describe sensible contracts is to match the technology to a slot machine. Ordinarily, you'd attend a professional person or a functionary, pay them, and wait whereas you get the document.
So now we know what is Ethereum and what are smart contracts (embedded into the ethereum blockchain). Gambling website can build its own applications interfacing Ethereum network and write a smart contract which users will use the smart contracts to play against each other or against the Oracle. The decision of who won and who lost is all upon the smart contract to decide without the Middleman to decide.
So how is Etherium Gambling possible?
The major advantage of Ethereum blockchain is that it has smart contracts. With these Ethereum smart contract a user can place a bet with another user (p2p, peer to peer) or else wit the bookmaker as Betfair exchnage.
Many Gambling examples in Ethereum are not football betting but Dice roll or Etherroll which is a 100% provably-fair dice game using Ether. This because the use of Smart contract and avoid the Third party middle man and so make Ethereum gambling successful.


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