Bettium A Decentralized Market For Smart Bets Between Individuals.

Nobody will deny that people have always liked to argue and prove their case. This is inherent in the gene level. But one country has succeeded in this love much more than everyone else. We are talking, as many already, probably, had time to guess about the UK and its stakes on horse racing.

This tradition has taken root in the minds of the English for many centuries. History leads us in 1766, when a former groom of one of the hertzes named Richard Tattesol decided to organize an entire auction in which the thoroughbred horses were presented.

The most amazing thing is that this auction could survive to this day, now it is also very popular, and it's been more than 240 years. The first auction rooms were located at the intersection of two streets: Piccadilly and Park Lane, then it was the outskirts of the city, now it is almost the heart of London.

Four years earlier, the Jockey Club was created, which exists to this day. The club consisted of owners of the best horses, in parallel they organized horse racing.

Real gentlemen of that time met, exchanged opinions, watched the jumps and in between did small bets on the competitions of excellent stallions. It was here that the first bookmaking debates started, as a whole direction in sports, it was from these walls that this sphere spread all over the world and embraced such a large audience.

Thanks to this the name of Richard Tattesol is immortalized in England, his name is called the whole hippodromes.

The very term "bookmaker", which we use so often, can be translated from English as "keeping a book". Here the matter is that people who accepted bets conducted all bets in a special notebook - a book that was never released from the hands.

In those years, the first bookmakers took bets on handicap, because in the competitions of that time could take a different rivals, so their chances were somewhat equalized. Most often the weakest provided a head start, which could find its expression in the form of additional time or a reduction in the running distance.

Then the disorder reigned both on the hippodrome, and in all the few bookmakers in the capital. Such confusion reigned, however, not very long.

Everything changed dramatically when a tradition was introduced in England, called "Honest Bookmaking". This tradition implied that the reputation of the bookmaker should be already a certain tool for achieving success in this far from easy business.

By its implementation in life this glorious tradition is due to the two most famous figures of this business. History even retained their names, they were Leviathan Davis and Fred Swindell.

In about 1850, Davies began to print a set of probabilities of the outcome of the races, which could be met in all the streets of glorious London. Such sheets can be called the forefathers of modern coefficients, because now each player can already make his prediction with an assessment of the odds of winning, and this could be done outside the racecourse.

Fifteen years later, bookmaking was able to cross the ocean and get to Philadelphia. It was here that the first bookmaker office in the United States opened. A little later, already with the onset of a new century, such offices began to emerge in many countries around the world. But to this day it is the UK that holds the palm tree in the number and quality of bookmakers.

The excitement of the English in the blood, no one except them can not be gambling to such an extent. In England, you can easily take bets on both normal sports and dog races, recently the rates for events have become very popular and so on.

What is Bettium?
Bettium is a decentralized platform for sports betting, which is currently in development, which will work from the Ethereum blockbuster after its airing. The platform currently sells tokens for its BETT marker based on the ERC20.

Who is behind Bettium?
Bettium was founded in September 2017 and currently has a headquarters in Estonia. Among the leaders are the Russian-based CEO of Nathan Hunt, Paris, business development manager in Barcelona Ben Marrel and general counsel in New York, Brian Belleros. These people have many years of experience in managing or advising businesses, and Hunt and Belleroz are specialists in international business relations with the Russian Federation. Meanwhile, Marrel is one of the founders of the European venture company Breega.

How does Bettium Smart Betting work on analytical blocking?
Bettium, according to the data shared by the company, will be an international, decentralized platform for betting on a peer-to-peer platform, which will have many advantages over traditional online betting systems. These advantages include significantly lower user fees, transparency in terms, ratios and remuneration structures, and a high level of security through the use of intellectual contracts.

Additional benefits for the platform include analytical tools that will be available to players. These tools will include "Big Data" and "AI" to provide sports betting forecasts, as well as algorithmic bets for players who automatically execute complex betting strategies based on a number of Bettium variables will be cross-platform, allowing access via the Internet, and iOS or Android devices. The platform will be monetized not only at the expense of rates, but also at the expense of fees charged to fund managers, from collecting fees for access to paid subscription and services such as AI help and automatic bet functions, and forecasting fees.

It is expected that monthly subscriptions will cost an average of $ 25 per month or less, paid in an equivalent number of BETT tokens.

Bettium BETT Token ICO.
Because Bettium is built on the Ethereum block chain, it uses the ERC-20 standard for its BETT token, which in turn will be used as the platform currency.

The sale of the Bettium marker will have a total of 100,000,000 BETT. The initial price for the token is the equivalent of 0.50 per 1 BETT; In addition, 1 ETH is a network of 800 BETT.

Bettium will accept payments in ETH or Bitcoin. The sale of the token has a soft cap of 20,000 ETH and a hard cap of 75,000 ETH. The date of the sale of the marker has not yet been published, but it is likely to be either until June 2018.

Verdict Bettius
Bettium certainly looks like a new project that has some serious potential, at least as a viable alternative to the traditional online sports betting platforms that exist today. Blockchain technology is certainly ideal for gambling, gaming and sports betting due to high levels of transparency and security and with the addition of well-programmable smart contracts, the level of automation of such a platform will certainly take the human element out of the equation When it comes to gambling, the fewer people participates, the better the removal of the temptation for platform administrators to distort the figures to their own advantage, makes the entire system more fair and fair.

At the same time, there are many quotations and the value of any investment in Bettium depends on whether the platform will not only be viable, but also successful and popular. Bettyum says that his BETT token is not intended to be used speculatively in the same way as a utility token, so investors looking for speculative gains may be disappointed. However, if you are a greedy sports player, or if you are looking for more modest profits in exchange for a little more potential stability, then Bettium can still hold enough interest for you.

Website: https://bettium.com/
Whitepaper: https://bettium.com/bettium_whitepaper.pdf
Telegram: https://t.me/bettium
Facebook: https://www.facebook.com/bettium
Twitter: https://twitter.com/Bettiumcom
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