ALLBEBET: Honest Betting Of New Generation Based On Blockchain Technology:

Francis Odinigwe

About the Project Allbebet:

Introduction:

Allbebet is an infrastructure project in sports and gaming area created for higher sports achievement by using neuro-intelligence and blockchain technology. The Allbebet company direction of development is business model making based on innovative technologies that can unite millions of people from sport, gaming and betting industry. Allbebet. Bet is a platform for sports and e-sports betting establishing direct connection between users based on blockchain technology and smart-contracts. Allbebet integrating into the business model of blockchain technology and neural networks Allbebet. Bet makes the process fair and honest. Based on the achievements of modern digital technologies, Allbebet creates a platform on which millions of people can play with each other, place bets, obtain predictions and analytics, freely withdraw the winning, and communicating within the platform create teams for joint bets.

Allbebet is a sports and e-sports betting app directly between people. The adoption of blockchain technology into the existing bookmakers' business model has enabled us to create an environment where there is no control over users and their funds. The app logic is based on smart contracts, which has helped to achieve total perform ability and immutability of conditions. Thanks to solving numerous problems with bias against players among bookmakers, Allbebet. Bet platform is the best solution for sports betting.

ALLBEBET PLATFORM FUNCTIONALITY:

Allbebet created a platform where millions of people can play with each other, place bets, obtain predictions and analytics, freely withdraw the winning, and communicating within the platform create teams for joint bets. Allbebet is a platform based on Blockchain technologies and smart contracts using AI.

The functionality of the platform includes additional services and developments of Allbebet: Allbebet. News is the generation of the original text content and matches preview based on machine learning technology and prediction of sports events results. Allbebet. Analytics is intellectual analytics and prediction of sports events results. Allbebet. Wallet is the company’s own wallet for the cryptocurrency storage and exchange.

Bets

Ratings and statistics

Chat

Marketplace

User Profile

Analytics And forecasting

News

Broadcast.

ADVANTAGES OF ALLBEBET PLATFORM:

• Trust.

• Convenience.

• Security.

THE PROBLEMS OF THE BETTING INDUSTRIES:

 Return of Triggering Bet:

The player can correctly guess the outcome of an event, but the bookmaker will return only the amount of the bet to him instead of winning. It is allowed in accordance to the rules of the bookmaker office, which rarely undergo changes. Players often do not read the user agreement and remain at a loss. The standard reasoning for cancellation is that coefficients were set wrong. However, losing bets are not returned to players. Bookmakers often use this trick, trying to cancel the big winnings, crediting smaller amounts “to maintain activity”.

 Fight against Successful Players:

Bookmakers do everything to identify and screen out successful players who often win. If a bookmaker suspects you to be a “professional player”, he can set a limit, both on all bets and individual events, often reducing the allowed amount of your bet to the minimum. In general, bookmakers always set limits that are beneficial to them, which do not allow players to earn.

 Hacking Of Centralized Architecture:

Online services that used to are no longer able to provide the necessary level of security. Hacks, accompanied by the theft of personal information and cash of users, happen everywhere.

 Obstacles to Withdrawal of Funds:

Bookmakers often use all means to keep their money as long as possible, the crediting of money for a winning takes ages, payments are delayed, and additional verification procedures are carried out. In some cases, you have to write additional claims on the withdrawal of honestly earned funds.

SOLUTION OF THE ALLBEBET PLATFORM:

 Blockchain:

The blockchain and related technologies will help solve main betting problems. Blockchain provides for complete transparency of transactions and guarantees data accuracy. Nobody can cancel or change your bet as it is just impossible to amend the entry at any host. Using a distributed ledger protected by cryptographic algorithm will increase the level of security and trust of the users.

 Smart Contracts:

Smart-contracts eliminate the involvement of third parties into bet. They provide automatic fulfillment of transaction conditions, transaction processing and exchanging assets between the parties without intermediaries, following the concept ‘code is principle’. Using smart-contracts in Allbebet. BET application created an environment where nothing can influence the outcome or logic of betting. Player can be 100% sure that his bet will play according to his terms if the event takes place.

 Own Gambling Currency:

The ALB Token is Allbebet own gambling currency and is used for all operations within the company products. Token’s deflationary model and stabilization functionality allow to cut volatility costs that cannot be done using ETH or BTC. Also the first stages own gambling currency allows to be protected from risks related accounts lock and obstacles from the systems controlling this sector.

 Business Model of Allbebet:

Allbebet provides a convenient service that allows you to bet without bookmakers and enjoy the game. The user enjoys the complete control over his bets and funds, and 100% confidence of betting conditions performance. ALLBEBET platform works using smart-contracts, and the outcome of the event is being delivered by Oracle from official confirmed sources of information on the completion of the event that excludes falsification possibility. ALLBEBET can connect many players from all around the world. The user will find here all the usual tools for betting, as well as additional features that are implemented on the platform. To maintain the platform in operation the company charges a fee of 7% for each win.

ALLBEBET TOKEN INFORMATION:

Pre-sale Price: 1 ALB = 0.00015 ETH

IEO Price: 1 ALB = 0.0002 ETH

Accepting: ETH

Soft cap: 1.500 ETH

Hard cap: 7,500 ETH

Bonuses: 2% bonus for the first 100 buyers.

5% bonus for users who buy more than 100 ETH.

Token info

Ticker: ALB

Platform: Ethereum

Token Type: ERC-20