Elaboration on UBET point system
The UBET point system measures total winning and losing bets. The profit or loss relative to the betting amount (ROI) is taken into account, e.g., one who bets 1 UBCKS to earn 2.5 UBCKS earns the exact same number of points vs. one who bets 10 UBCKS to earn 25 UBCKS. In this case, the number of UBCKS on hand does not affect the points at all to ensure fairness. It may be hard to wrap your head around this, as with real money, one definitely wins more if he or she places a larger bet.
The lesson from FTX collapse: self-custody is absolutely necessary now!
The reason why you need to safeguard your crypto assets using a non-custodial wallet.
FTX collapse highlights the importance of self-custody for cryptocurrency users. Non-custodial wallets are wallets that are not held by a third party, such as a centralized exchange (CEX), but instead by the user themselves. This means that the user has full control over their funds and can access them at any time.
Winners of the UBET Beta Tournament (before the World Cup) Receive Their Prize
The top three winners were determined following the conclusion of UBET Sports’ first-ever tournament. The goal of the tournament was to test the UBET platform as well as provide the UBettor community with first-hand experience with it….
The UBET Sports World Cup Betting Tournament is Here!
We are thrilled to announce that the UBET Sports World Cup Betting Tournament will begin on November 20th and run throughout the FIFA World Cup, with a total prize pool of $2000 USDT to be won. The best part is that there is zero risk involved, so you can participate freely.
Alpha & Beta Quickstart Guide
The UBET testnet public Beta tournaments will begin in October and November respectively and will run until the World Cup concludes. The private-Beta tournament is open to early alpha & beta signed-up members for the purpose of bug testing and the public-Beta tournament is open to the public. Even better! Throughout the tournaments, you can win up to $2,000 USD Polygon in total prizes. Everyone will receive 500 UBCKS (fictional money) and 1 Testnet MATIC. The goal is to finish at the top of the leaderboard in each round.
Key Reasons Web 3.0 is Needed More than Ever in Africa
The internet has seen explosive growth in Africa in recent years. As a result of this growth, the internet is playing an increasingly important role in African societies, transforming education, business, and social interactions.
UBET: Introducing a new sports prediction market
UBet Sports is a decentralized exchange for sports betting. We eliminate the house and risk aversion that exists within existing sports betting products.