LEGENDARY.BETS.THIS COMBINATION OF ADVANCED SPORTS BETTING, CASUAL GAMES AND FANTASY SPORTS ON THE SAME PLATFORM.

4 min readOct 23, 2018

Games of chance are a source of entertainment that have tested the sands of time.

Gamling is popular all over the world. A recent trend in the industry is adoption of online gambling. As the web has made it incredibly easy to get access to gambling opportunities from the comfort of one’s home, people have welcomed the convenience.

While technology has made it easy to participate in gambling, it hasn’t been able to counter some of the problems of lack of trust that plague this industry. As the house is in charge of the game, they have the ability to take advantage of the information asymmetry. While a company may not cheat, they do have the power to do so. Blockchain technology has the opportunity to change this variance in power between the gamers and the casino.

Shortcomings of the Sports Industry

• Due to the fact that most betting platform is centralized, there is always a misunderstanding when paying users their wins. This has caused a great lack of trust on the betting platform.
• When a player deposits money into his betting account, it takes a while before the money is reflected and sometimes making the player miss the sports he wanted to bet on. Same thing happens during withdrawal as it takes days before a player is given his reward and the high minimum withdrawal set will make the player not withdraw his money and he might end up losing it entirely while trying to reach the minimum withdrawal.
• The Registration process carried out when opening a betting account is time consuming. If a player wins a big amount of money, he is made to go through some paper documentation processes. This does not secure the privacy of the users.

THE LEGENDARY.BETS PLATFORM

A lot of people has a diverse perception of sports,some see it as a career path, some as a recreational activity and others as a means to an end. This notwithstanding, if we look at the local way this system is being managed, we will realize that, as the industry is progressing and taking in more innovative inventions in it, like the betting and the gaming sector, this local system finds it difficult to offer needed attention to its subdivisions.

As a result of its ever-growing nature, the sports industry seem congested, because of the population it has, and this congestion has brought about poor management of the industry and the birth of all manner of manipulative concepts in the sports industry. With all of this in mind, there is the consciousness that something needs to be done. And to settle this, LEGENDARY.BETS platform was invented to transform into a far more interesting sector, the sports industry.

LEGENDARY.BETS TARGET

The LEGENDARY.BETS platform aims to, through its blockchain technology, accelerate the process of payouts, create a transparent and easy access to jackpots and process information. Also, it aims to erase completely every trace of a fraudulent means of doing things, making the identity of its participants unknown. The issue of including hidden fees has a become a thing of the past, as LEGENDARY.BETS plans the absolute removal of such fees and also bring an end to every act of payout manipulation.

it ensures its user’s well being in the real sense of the world
stress-free registration process
participants can make use of any amount of money that seems good to them
it is not dependent on set down bureaucratic rules, even up to the government imposed ones.
features an instantaneous payout system
LEGENDARY.BETs offers transparency and dependability through cryptocurrency and the plan is to draw as much as a possible number of new players from all walks of life. LEGENDARY.BETs intends to resolve the issue of trust among every actor on the platform through its efficient protocol.

ADVANTAGES

One Login to all Games — The Smart Contract system automatically eliminates fraud risk, by providing players to simply register a wallet and then start playing.

Ability to use Unlimited Funds — Through decentralized system, they are eliminating the limits of betting amount for players and through smart contracts, the system tracks financial status of players, provides betting fairness and then distribute the rewards.

Ability to get an instant Payout — In this Players can withdraw their LEGENDARY.BETs rewards in the shortest time. The players are free to choose how to use the reward.

The company is licensed to manufacture manufacturer; licensing processes can delay the roadmap of a typical start-up, but LEGENDARY.BETs won’t face this issue. Additionally, technological infrastructure is needed to deliver most digital platforms; LEGENDARY.BETs’ teams has asserted that it already has this infrastructure place.
LEGENDARY.BETs competitive edge is that it doesn’t need go through the steps involved in the base establishment of a company. Factors like licensing, network establishment, and organizational structuring are in place and thus allow LEGENDARY.BETs to roll out its platform without roadblocks. In a market where most blockchain start-ups are launched on the basis of a mere idea, a company that is launching with an established infrastructure in place can move ahead by sealing important partnerships at a great pace.

For more information about this project:

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