LET BET – Revolution In The Online Gambling Industry

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Let’s set to create a revolution in online gambling industry.Our aim is to create a platform that creates an innate trust in a potentially corrupt system for one to win a game (players ‘view), get rewarded (developers’ view) and fair gambling (the service providers’ view) through a decentralized system is replaced by smart contracts through blockchain semantics in a trustless, borderless, secure, and fast online gambling system that benefits all.
In a typical online gambling system, players rely on a trusted third party to carry out the game. But with LetBet’s concept, there is no need for trust, because we believe that a third party is potentially corrupted would result in a biased outcome. Smart contracts that the game developers, referrers and operators of independent platforms necessary for the game discovery – now replace the trust a typical player had in a third party. The gambling industry, as a whole, has stagnated and the online gambling segment would likely not be much different.
A major solution to a fair gambling system is a decentralized gaming platform. The LetBet team hopes to champion a system by employing technological know-how to address the perceived issues in the industry.

A betting system is a crucial arrangement – created after an investigation of prior wins and misfortunes that builds players’ odds of winning more wagers in less time. On the other hand, the unceasing truth of betting is that no betting system works all the time. The systems are constantly loaded with chances. A betting system may at first appear like the player is cash.
Be that as it may, over the long haul, they would not see much contrast in their misfortunes than if they had not connected to a betting system.

There are three distinct sorts of betting systems:

POSITIVE BETTING SYSTEM
NEGATIVE BETTING SYSTEM
INSURANCE BETTING SYSTEM

LetBet Vision
To provide a seamless, secure, and secure non-secure online gambling platform supported by blockchain.

The end user (player) is the central LetBet system. So all games will be written in smart contract, where no one can control the game. We provide fair and fairly random games for every player.

Our platform extends to developers interested in bringing their business models through our platform; and bets to join and build a new online gambling platform that is powerless, seamless, secure, fast and supported by blockchain.

And the most important part is that our blockchain is not limited to online gambling, but it can be used for many other purposes. This, like all other blockchains, is a completely open source, hyperledger free and secure that can be used to accommodate various other products.

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TYPES OF ONLINE GAMBLING:
1. POKER
2. CLUB
3. GAMES BETTING
4. BINGO
5. LOTTERIES
6. UK NATIONAL LOTTERY
7. HORSE RACING
8. MOBILE GAMBLING
9. IN-PLAY BETTING
10. ADVANCE STORE WAGERING

Initial Coin Offering (ICO)

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LETBET Solution As Platform
The LetBet team has eliminated or resolved the problem of existing online gambling platforms by creating blockless, seamless, secure, fast and highly secure blockchain-based gambling platforms.

The system is decentralized and therefore can not be denied. The game is written in Intelligent Contract, erasing the common advantage of â € œhouseâ €? seen in other physical or online casinos, The end result of each game depends entirely on the luck or skill and experience of the player and has nothing to do with the unfair system.

The platform provides complete anonymity. It helps players from areas where the stakes are illegal to also enjoy safe and secure bets as well as online gambling. Victory is in tokens that can easily be isolated.

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