Bitgoals is the bridge between decentralized and centralized bookmakers

Taking all the best

What are the most annoying things about centralized betting? Answers may be different because of the person, who had answered it, but some of them are too common. First one is the need to wait for ages until your bet is accepted, proceeded and your winnings are withdrawn. Second one is need to pay extremely high fees for every action, especially if we are talking about deposits. Third one is lack of reliable service providers, which increases risks for both: bettors and bookmakers. 

Fortunately, all these issues could be solved in no time at all by reliable decentralized service provider and Bitgoals is just a perfect candidate for this task. Let us take a closer look. 

Bitgoals will provide bookmakers is highly automated tools. Smart contracts are able to change any part of entire gambling process by eliminating the need to perform thousands of different checks. You just create pattern and this pattern works for you. In addition, cost of decentralized use of computing facilities is much lower, which will able bookmakers to decrease the expenses slightly. 

Most of fees are cause by service providers. Of course, some part of fee is pure profit for bookmaker, but in the case of fees for the money transfer, this statement cannot be right. When the bookmakers make transactions within the system, cost of these transactions are too low for bettors to feel it. In the same time, adding of new payment method such as Visa requires attraction of the third parties: banks. Every bank takes fees and it is OK, but the more features are provided by bank, the higher are fees. Fortunately, situation could be improved by using STP, Bitgoals token, as the payment method. Transactions are almost instants, there is no need to pay enormous amount of money to payment method providers and you will not need to wait ages for deposit. 

Perfect service provider for gambling industry

Bitgoals allow bettors and bookmakers to remain profitable and even increase effectiveness thanks to implementation of the newest technologies. However, there is a possibility to make changes only in the back-end part, so it is possible to implement Bitgoals without any sings of changes from the viewpoint of the ordinary user. 

Bookmakers may not even trust Bitgoals, because any trust is not required in the environment, where any action of any party could be verified in several clicks. Team behind the Bitgoals is extremely experienced: they are professionals with licenses to develop gambling software, so the bookmaker companies are not the only target audience of Bitgoals. 

Bitgoals suit both small and large portals. For example, if you are owner of casino, which also provide betting opportunities, you do not need to looks for the two separate service providers, you are able to just use Bitgoals. Such approach is possible to change the entire situation within the gambling market and lower expenses of the owner, which will definitely affect the fees for the end users. To find out more about Bitgoals, please, visit their official website. 

Website: https://bitgoals.com/
ANNTHREAD: https://bitcointalk.org/index.php?topic=4428882.0
Whitepaper: https://bitgoals.com/wp-content/uploads/2018/06/Bitgoals_WP_3.pdf

Author Bitcointalk Username: ryanfromrethink
Author Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=93104
Author ETH address: 0xf899f3525f71e2cfdbefd41e474a447078e7478f