Let Bet - The Revolutionized Gaming Platform
LetBet is the new revolution in online gambling. A blockchain-powered platform that makes online gambling safe, secure, anonymous, fast and enjoyable. Seems too good to be true? Because it is. LetBet’s platform is powered by its very own brand new blockchain that is a zero chain. This means that it has zero transaction fees. The developers at LetBet have created a fast, secure and multi-purpose blockchain that not only hosts LetBet for online gambling, but which can also be used for many other purposes.
LetBet has already introduced two popular games — SportBet and the Slot Machine. LetBet brings the exciting world of sports betting at your fingertips. With the best odds from leading sports bookmakers like William Hill, Bet365 and others, you can now play peer-to-peer or with a service provider.
The all-time favorite Slot Machine gets a rejig on LetBet. No more rigging of the machine and no more odds in favor of the house. This, completely honest and transparent, Slot machine is written in Smart Contract and everyone has a fair chance of scoring on it. Players can play this slot machine with the utmost confidence that they cannot be cheated.
In another exciting development, LetBet is giving players 1000 Felix to play these games. Felix is the game token on the LetBet platform and what better way to try your luck on LetBet than a free supply of Felix? LetBet is an exciting, trustless, borderless and fast gambling platform that puts you, the player, at the center. It has been created keeping in mind the utmost satisfaction and enjoyment of its players.
Now, players do not have to trust a third party for the fairness of the games. Neither do they have to provide their personal data to enjoy gambling. Play fair, play safe and win big, only on LetBet, the blockchain revolution in online gambling.
WHAT IS A BETTING SYSTEM ?
A wagering framework is a significant course of action – made after an examination of earlier wins and adversities that fabricates players' chances of winning more bets in less time. Then again, the endless truth of wagering is that no wagering framework works constantly. The frameworks are always stacked with possibilities. A wagering framework may at first seem like the player is money. In any case, finished the whole deal, they would not see much difference in their setbacks than if they hadn't associated with a wagering framework.
There are three unmistakable sorts of wagering frameworks: </h5?
- POSITIVE BETTING SYSTEM
In this framework, players augment their bet each time they win. This is the best of the three frameworks as it doesn't anticipate that the player will have a noteworthy mean start the redirection. - NEGATIVE BETTING SYSTEM
A few players wish to bet considerably higher each time they lose. They do as such with a want to recover past disasters in a solitary winning bet. It requires a more critical bankroll and a strong heart to take after this framework, and is thus, seen as a more risky wagering framework than the options. - INSURANCE BETTING SYSTEM
Instead of the primary sort, in this wagering framework the player lessens their bet each time they lose. This is a more secure wagering choice and is seen as a great wagering strategy.
An authoritative purpose of wagering is, to win money. As far back as wagering has existed, people have planned to use methods and frameworks to improve their chances of winning. This basic human nature, is an insightful undertaking that everyone does while taking a risk with their money, regardless of whether that is on the turn of a card, the move of the dice, or the result of a donning occasion. There have been numerous wagering frameworks and procedures made consistently. Some have ended up being incredibly extraordinary and utilized by theorists wherever all through the world. Most be that as it may, have never made it to the all inclusive community. This is, as it were, on account of by far most of philosophies don't work, and experienced players who do make sense of the triumphant techniques tend to remain quiet about it.
STRUCTURES OF ONLINE BETTING
The web has cleared the way for novel ways to deal with wagering structures. Advancement from the mid-twentieth century to display day has changed the gaming business with the presentation of video lottery terminals, keno, scratch cards and the sky is the limit from there. Wagering has been a standout amongst the most surely understood and lucrative web based organizations. Betting commission industry measurements demonstrate that between April 2015 and March 2016 web based betting administrators produced a Gross Gambling Yield
(GGY1) of £4.5billion. This is expected to a great extent to the broad assortment of wagering options that are accessible to allure an extensive variety of players. An article by Darren et al, basically a diagram recorded in Australia, exhibited that the most understood sorts of wagering were lotteries (46.5%), keno (24.3%), minute scratch tickets (24.3%), and electronic gaming machines (20.5%).
This fragment will center around evaluating the internet betting industry together with the outstanding difficulties basic with the web based wagering industry.
4 reasons to choose LETBET
-No fee for transaction 0% fee for Life-time
-New & Unique Block Chained Based
-Provably Fair Smart Contract
-Instant Transaction Forget about ERC20
VISION
To provide a trustless, borderless, secure, and fast online gambling platform powered by blockchain.
The end users (players) are central to the LetBet system. Hence all game would be written in the smart contract, where no-one could control the game.
They provide a fair and sufficiently randomise game for every player.
The end users (players) are central to the LetBet system. Hence all game would be written in the smart contract, where no-one could control the game.
They provide a fair and sufficiently randomise game for every player.
Their platform extends to developers who are interested in bringing along their business model through their platform; and bookmakers to join and build a new online gambling platform that is trustless, borderless, secure, fast and powered by blockchain.
And the most important part is that their blockchain is not limited to online gambling, it can be used for many other purposes. It is, like all other blockchains, a completely open source, free and secure hyperledger that can be used to host a variety of other products.
The LETBET Solution As Platform
What the LetBet group has conveyed to the table in method for disposing of or handling the current issues as recognized above, particularly those one of a kind to the web based betting industry.
LETBET DECENTRALIZED SYSTEM
Namelessness Every player, plays essentially with their level of mastery and not because of earlier information of the amusement Opportunity AND FLEXIBILITY - a web based wagering stage that is directed through shrewd contracts instead of on an incorporated system of PCs.
LETBET DECENTRALIZED SYSTEM
Namelessness Every player, plays essentially with their level of mastery and not because of earlier information of the amusement Opportunity AND FLEXIBILITY - a web based wagering stage that is directed through shrewd contracts instead of on an incorporated system of PCs.
The LETBET Product Achitecture
The LetBet idea is extraordinary - P2P SMART CONTRACT
Dissimilar to others, it̢۪s not only a P2P Smart Contract-Based Game, but rather that which is redone to suit the web based betting industry in a way that will at the same time benefit outsider web based betting engineers, and the end-clients (players).
With their P2P savvy contract, from the time when the amusement was started, through to the point where your outcome is seen and subsidizes transmitted, you stay unknown and secure through a shrewd contract with the blockchain framework.
Join ICO now: https://ico.let.bet/
Dissimilar to others, it̢۪s not only a P2P Smart Contract-Based Game, but rather that which is redone to suit the web based betting industry in a way that will at the same time benefit outsider web based betting engineers, and the end-clients (players).
With their P2P savvy contract, from the time when the amusement was started, through to the point where your outcome is seen and subsidizes transmitted, you stay unknown and secure through a shrewd contract with the blockchain framework.
Join ICO now: https://ico.let.bet/
ICO Details
Let.Bet will be launching a token pre-sale starting January 20, 2018 which will continue until February 14, 2018, or until the market cap is reached. The pre-sale is scheduled as follows; The first 35% LBT which will sell at $0.4, the next is 35% at $0.5, and the rest will be 30% at $0.6. The maximum capitalization (cap) is placed at $20M in coin, and this is the amount that Let.Bet wants to raise. But no minimum cap implies launching regardless of any condition. Using a token sale, a company or a group of people can raise money for an intended project by issuing cryptocurrency. In the case of Let.Bet, tokens will be released and by selling them to members of the public, Let.Bet will be raising funds for their venture. It will be wise to invest early as the discounts available to early investors mean more bet tokens for the same amount of money. Let.Bet’s intent is to encourage a compulsory vesting when it comes to tokens. Pioneers and contributors will have a vesting of two years with a six-month ‘cliff.’ A quarter of their tokens will mature half-yearly. This will bring in more transparency into the crowd sale as tokens will not pass into the hands of the founders all in one go. As for token distribution, a significant stake (nearly 70%) would be going to the public. After the conclusion of the crowd sale, Let.Bet intends to use the proceeds on these basis.
Players and game developers have a lot to gain from Let.Bet. While players benefit from fair and transparent games, casino operators can now shift to the trustless paradigm without necessarily rocking the establishment. Members of the public can partake of the token sale and be investors in the system itself. How it shapes up after the crowd sale and the traction it gains will be an interesting prospect.
Private Sale:
- Total number of tokens: 9,500,000 LBT
- $937,334 was raised by private sale.
Pre-sale:
- Pre-Sale Start date: January 20, 2018
- Pre-Sale End Date: 14 February 2018
- Total number of tokens: 20,000,000 LBT
- Token Price: The token value at the Pre-Sale stage will range from $0.4 to $0.6.
- Minimum amount for one transaction: 100 LBT
- Maximum amount for one transaction: 20,000,000 LBT
- Accepted currencies: BTC, ETH
- Bonus: 0.1 LBT will be available to the first users of the platform (the first thousand people).
- All unsold tokens will be allocated to the ICO.
ICO
- Start Date: February 25, 2018ICO
- End Date: March 24, 2018
- Total number of tokens: 20,000,000 LBT
- Soft Cap: NoHard cap: $74,900,000
- Token Price: The token value at the ICO stage will range from $0.8 to $1.5.
- Minimum amount of one transaction: 100 LBT
- Maximum amount of one transaction: 20,000,000 LBT
- Accepted currencies: BTC, ETH
- Bonuses:After the ICO is finished, all unsold tokens will be burned.
The funds will be utilised for the development of the platform and marketing and Promotions. The team behind the platform is optimistic about the future of the platform. They believe that Decentralization will help realise the true potential of the online gambling market.
Affiliate Program Bonus
What Do ICO Experts Say About LETBET Platform ?
As can be seen, the leading units in ICO circles are evaluating the model and idea of product development pretty good. Not only one unit but also up to 4 ICO rating units are lead ICO information, icobench, ico marks, ico Alert … Bitcoin Talk forum is also very hotly discussed about this ICO.
Roadmap
Team
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