BlockChain Bets
BlockChain Bets Review
Blockchain Bets – Bitgamble
Welcome to Blockchain Bets, an OG in the world of decentralized gambling, it started as a sports meme coin with little utility to evolve into a complex decentralized casino support both sports betting and casino games.
Blockchain Bets is a Multichain platform that embraces a variety of blockchain networks including Ethereum, Arbitrum, BSC, Avalanche, Polygon, and Solana, offering a wide choice for players from different crypto backgrounds, it also accepts lots of cryptocurrencies such as USDT, ETH, SOL, BCB, PEPE and many more. At its core, Blockchain Bets embraces the true power of decentralization, enabling users to sign up directly using their Web3 wallets such as MetaMask, Phantom, among others, ensuring both ease of access and security.
While the platform’s current user interface is simple and not the best, in terms of UI. Blockchain Bets is gearing up for a significant design overhaul aimed at enhancing the user experience. This upgrade aims to make the platform more user-friendly and visually appealing by making the platform smoother and more enjoyable for everyone.
They also have their own token known as $BCB, which you can stake and receive a 100% share of the platform profits
Blockchain Bets Games
Blockchain Bets is a playground for gamblers who seek variety and fairness in their gaming experience. Here’s a closer look at what makes their offerings stand out:
Sportsbook: For sports enthusiasts, the Blockchain Bets sportsbook covers a wide range of sports and events, offering bettors a chance to place wagers on their favorite teams and matches. The platform provides up-to-date odds, ensuring that sports betting is not just engaging but also informed by the latest trends and statistics. You can bet on Football, American Football, Cricket, Tennis, Basketball, Volleyball, Baseball and Ice Hockey, with much more getting added soon.
Casino Games: The casino section at Blockchain Bets is a vibrant mix of classic and modern games. From the ever-popular slots to thrilling table games like blackjack and roulette, poker and much more! Each game is designed to provide an immersive experience. The graphics are vivid, and the gameplay is smooth, they are using well known third party providers such as Pragmatic Play, RelaxGaming, Thunderkick, etc
Original Games – Provably Fair: What truly sets Blockchain Bets apart are its original games. These games, unique to the platform, are not just about luck; they are provably fair, ensuring a transparent gaming experience. Players can verify the fairness of each game, adding an extra layer of trust and excitement. Whether it’s a quick spin or a strategic play, these original games keep players coming back for more. You will find classics such as CoinFlip, Keno, Limbo and Dice.
The Total Volume generated, on both sports and casino games exceeds 13 million $ which is quite impressive for a decentralized casino.
Blockchain Bets Features
Blockchain Bets aims has lots of exciting features to offer, ones that are already released and others that will soon be featured.
- Degen Mode: This feature, currently paused but set to return, it takes advantage of the blockchain’s transparency to guarantee provably fair bets. Every bet and transaction is recorded on a public ledger, ensuring fairness and building trust among its users. Bets done via Degen Mode are fully on-chain and powered by smart contracts.
- PvP mode: This unique feature lets players bet against each other. It’s not just about betting against the house; it’s about challenging other players, adding a more personal touch to the betting experience.
- On chain Options betting: This lets users bet on whether they think certain tokens will go up or down in value. It adds an interesting strategy element to betting.
- VIP System: Still in development, this system will introduce, a ranking system, new rewards like rakeback, providing extra benefits for regular players.
- BCB Staking – A Key Feature:BCB Staking is an essential part of the Blockchain Bets platform. Here’s how it works in simpler terms:When you stake your $BCB tokens, you’re investing in the platform. By doing so, you get a chance to earn 100% of the profits from different areas like the Sportsbook, Casino, Arcade, and Poker.The staking process starts with your tokens being locked for 30 days. To start earning a share of the platform’s profits, you need to have your tokens staked for at least 7 days. After this, you’ll keep getting a share of the profits as long as you keep your tokens staked.The profits are calculated from the bets made on the platform, minus the costs of running it. By staking your $BCB tokens, you earn rewards in different forms – $ETH, $USDT, and $BCB. This gives you a varied and potentially profitable staking experience.
This is just a glimpse of the already existing and upcoming features that will be introduced, you can see below the upcoming Roadmap
Blockchain Bets Analysis
Blockchain Bets is truly a game changer in the crypto gambling world, first and foremost it prioritizes decentralization and anonymity, allowing players to sign up using their Web3 wallets without undergoing KYC procedures, and without storing any personal information, ensuring a secure and hassle-free gambling experience. Which in our opinion is the biggest disadvantage of most crypto casinos. On a second note, They are bringing new innovation to GambleFi setting unprecedented standards in the industry, we are very excited to see how they evolve from here and complete the rest of their roadmap. Do not judge the platform as it currently is, because it is a work in progress.
Instant Payouts and Rewards: One of the standout features of Blockchain Bets is its instant payout system. Players enjoy quick and reliable access to their winnings, setting a new standard in the online gambling industry. Additionally, the platform’s accessible entry point, with a minimum deposit of just $10 and no cap on withdrawals, makes it appealing to a wide range of users.
Audited Smart Contracts for Enhanced Security: The platform’s use of audited smart contracts fortifies its security framework. These smart contracts undergo rigorous audits to ensure they are impenetrable and function as intended, offering an added layer of trust and reliability. This focus on security is crucial, especially in the decentralized finance space, where trust and transparency are paramount.
In conclusion, Blockchain Bets is forging a new path in the world of crypto gambling. With its emphasis on decentralization, community-driven profit sharing, instant payouts, and robust security measures, it is poised to redefine the standards of online gambling. As the platform continues to evolve, it’s an exciting journey to watch, with each step forward marking a significant leap in the world of GambleFi.