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.
Announcement of the First UBET Betting Tournament in 2023
A new UBET testnet public Betting tournament will kick off again on January 13th and will run for a total of 3 weeks till Feb 2nd. We concluded the last World Cup betting tournament [insert link of the article] and would like to invite all new & past participants to join the upcoming tournament. We will adopt the point system and only the bets within the 3 weeks will be taken into consideration to ensure fairness.
UBET Sports is selected for a chance to win the weekly Smoothie Award
UBET Sports is in great support of the discover-to-earn idea and we are pleased to announce that UBET has been picked by the Smoothie team for a chance to compete to earn the weekly Smoothie Award of the week of 19 Dec 2022.
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.
Web 3.0: The Future of Sports Betting?
Web 3.0 sports betting opens the door to a new kind of betting system that will gradually do away with traditional bookies.