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.
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.
How Blockchain Sports Betting Solves the Cash-out Process?
The primary intent of sports betting was to reward fans for their passion and the risk they took on the bet, but the current centralised betting system has ensured this remains a far cry. Hence a pressing need for a decentralized betting system.
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.