Gambling is the second most profitable industry in the world after the foreign exchange markets – Forex. According to the latest data of a recent Cambridge analysis, the gambling industry’s revenue will surpass the staggering $1 trillion by 2021.
There’s a huge problem in this industry, though. Due to the conditions, which traditional bookies currently can offer, without breaking their bank, 90% of all bettors lose their wagers, respectively their money. This is about to change very soon with Betrio who is here to shake and revolutionize the entire betting industry. Betrio is a pure utility token, which can be used to bet on its own bookmaker – BUFF.bet. It will give numerous benefits to its players thanks to Blockchain technology.
Before we shed some more light on that, let’s first see what problem traditional bookmakers are facing.
The Problem with Traditional Bookmakers
The traditional bookies that are currently operating today work only with fiat money. This significantly limits them to leave the mandatory financial framework, which a bookie needs to function properly and not to go bankrupt. It also limits their ability to offer attractive gambling conditions, thus significantly reducing their chances of winning.
What’s the maximum a traditional bookmaker, operating with fiat money, can offer?
- A one-time, 100% initial bonus up to 200 EUR for sports bets;
- A one-time, free bet [bonus] up to 50 EUR for sports bets;
- 100% casino bonus up to 1,500 EUR for casino bets [the condition is to deposit 3 x 500 EUR to get 3 x 500 EUR bonus for each of the three deposits];
- Cash-back up to 50 EUR – only once per account;
- Cash-back up to 100 EUR for casino bets – only once per account.
*The bonuses described above are the current maximum [21 May 2019]. In general, these bonuses allow a bookie to function normally and its bank to not go bankrupt.
The Solution – Betrio
Thanks to Blockchain technology, which lets a given project to have its own cryptocurrency [Betrio], everything is changing. This will give BUFF.bet the opportunity to offer its gamblers much more attractive conditions than traditional bookmakers
What can Betrio’s bookmaker – BUFF.bet – offer?
- A one-time, 100% bonus up to 500 EUR in Betrio for sports bets;
- A one-time, Free bet [bonus] up to 200 EUR in Betrio;
- 100% bonus up to 5,000 EUR in Betrio for casino bets;
- A LIFETIME 35% cashback from EVERY lost bet!!!*;
- The HIGHEST combo accumulator bonus** in the industry – up to 100% for every column of the total bet!;
- Attractive everyday bonuses.
*Example for a cashback: Let’s say you want to bet 1,000 Betrio that Chelsea will win against Arsenal. However, the match ends in a draw – hence, you lose. At BUFF.bet, you’ll get a 35% cashback -> 350 Betrio.
**[Combo accumulator bonus: The more events you add to a single column, the bigger the bonus – the increase in the odds you receive.]
Betrio [BEO] token will give gamblers enormous benefits, in comparison to fiat money betting in traditional bookmakers. This will make it unique, powerful, and very attractive to gamblers and investors alike.