LetBet: A Revolution In The Online Gambling Industry.
The LetBet team has eliminated or tackled the existing problems of the online gambling platform by creating a blockchain-based gambling platform that is trustless, borderless, safe, fast and extremely secure.
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. We provide a fair and sufficiently randomise game for every player.
The LetBet concept is unique – P2P SMART CONTRACT
Unlike others, it’s not just a P2P Smart Contract-Based Game, but that which is customized to suit the online gambling industry in a way that will simultaneously service third party online gambling developers, and the end-users (players).
With our P2P smart contract, from the time when the game was initiated, through to the point where your result is seen and funds remitted, you remain anonymous and secure through a smart contract with the blockchain system.
Our platform extends to developers who are interested in bringing along their business model through our 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 our 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 system is decentralized and hence unhackable. Games are written in Smart Contracts, removing the prevalent â€œhouse advantageâ€ that is seen in other physical or online casinos. The end result of any game depends completely on either luck or the expertise and experience of the player and has nothing to do with an unfair system.
The platform affords complete anonymity. This helps players from regions where betting is illegal to also enjoy safe and secure betting and online gambling. Winnings are in tokens that can be easily cashed out.