Deployment of first BetterBetting Node
We are pleased to announce we have now deployed the first Better Betting Node (BBN). To clarify, ultimately there can be many of these BBN’s — all talking to each other — but for now we have just launched one specifically for the World Cup which as you know starts tomorrow. There are a number of components:
An android odds client which can be downloaded. We went from the get-go with a 3rd party app developer to test the APIs and make sure that we future proof the interaction. Android was first off the block and will be the only way to bet for now. A web app is in the wings — stay tuned!
A wallet (https://betrwallet.com) to hold Bettor’s funds that exposes the APIs necessary to provide a seamless in-app betting environment without the betting app having any access to wallet information or funds. The wallet currently only stores Ether and BETR and provides means to move these funds in and out — we are working with 3rd parties to open further wallets to our APIs and enable fully fledged cashiers with payment options. Note that the betting apps are wallet agnostic — they will work with any wallet that has the requisite generic Ethereum transaction API.
A multi-user BBN (https://betr2018.io). This means that anyone can create an account on the BBN and lay bets. This is one area where we will be doing the most enhancing over the coming weeks — to make it easier to lay bets and to enhance the options. Currently you will be able to lay any of the group stage games and group stage outrights. There is an extensive set of markets within each game. All markets are available with reference pricing which is derived in real time from conventional bookmakers. Your lays are pegged to this pricing which means you don’t have to go and change your pricing as the markets move. You can tweak your pricing above or below the market in order to offer bets with lower or higher margin. Currently these same feeds will result all bets — in the future there will be more options on that front.
The complete set of Ethereum contracts that are the guts of everything we do — they escrow funds from both parties and hold them until settlement.
A new website (https://betr.org) that is more appropriate for this post-ICO period and has a wealth of information on the products and guides on how to do things — all of which will be continually updated in coming weeks.
This is our first release and we are proud of how far we have come. It is by no means the end-game — there are many iterations and improvements to come as the product is expanded and becomes more mainstream in functionality.
Thank you all for your support
CEO, Adriaan Brink and the BetterBetting team
