Connect with us

Guest Post

Betrio – The Long-Awaited Revolution in Modern Gambling

Guest Author

Published

on

Betrio - The Long-Awaited Revolution in Modern Gambling
Source: IEOexplorer

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.]

Conclusion

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.

You can learn more information about the Betrio project here on the WebsiteTelegram, FacebookTwitter, Medium, YouTubeRedditEmail.



Follow us on Telegram | Twitter | Facebook



AMBCrypto is not responsible for the content included in this article. Readers' discretion is required while visiting the links given in the report as AMBCrypto is not responsible for the products or services.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Guest Post

Industry player Fumgo gives 5 tips on how to trade cryptocurrencies

Guest Author

Published

on

Industry player Fumgo gives 5 tips on how to trade cryptocurrencies
Source: Fumgo

Look, you could have bought one bitcoin in April for $4,000 and sold it today for $8,000.

It sounds like an easy way to earn money, right? The crypto trading, however, isn’t that simple. In fact, the always-changing price, high stakes, and online scams make it also dangerous for those who know little about it.

So when you take risks for rich rewards, make sure to follow these tips:

1. Use reputable exchanges

To trade cryptocurrencies, you go to exchanges, internet platforms that help buyers and sellers meet.

But high market demand brought in a number of phony exchanges. You must keep an eye out for them and make sure you use only reputable ones like Bittrex, Huobi Global, OKEx, HitBTC, or Binance.

There are also trading terminals like Fumgo. The terminals let you trade across multiple exchanges — including the ones mentioned above — from one interface. In fact, it’s even safer to use them, because they offer two-factor authentication when you log in, unlike exchangers.

2. Learn from professionals

Crypto trading is a job. You need to monitor the price movements and make decisions. This is hard to do without knowledge about the market.

Find real traders and learn from them. Some of them post videos on YouTube.com, others publish articles. It takes time, but it’s well worth it.

At this stage, beware of scammers who have never traded cryptocurrencies but promise to teach the craft. The internet is full of free tips, but these “experts” sell them as professional knowledge.

There’s a way to shortcut the learning curve: the Fumgo terminal has a feature that allows mirroring the traders. If you switch it on, it will make your account copy the actions of chosen professionals automatically. The system verifies them — only true pros allowed.

3. Practice with small sums of money

Seen enough and feel confident? Then it’s time to practice. But don’t rush, start with small investments.

The cryptocurrencies rates change unpredictably, so invest the amount of money that you wouldn’t regret losing. Practice as much as possible this way and when you manage to earn regularly, raise the stakes.

4. Stick with one strategy

Every trader has their own style. Copy one and stick with it for some time, see how it goes. If you change your strategy too frequently, you won’t be able to see the result.

Three tricks are universal, however: 1) make a limited amount of transactions per day to approach trading energized; 2) pay attention to Bitcoin, its price influences other currencies; 3) keep statistics on your transactions to understand what strategies work best.

For the latter, there’s a shortcut, too. The Fumgo terminal tracks your stats automatically and shows the history of all the transactions.

5. Trade different currencies

Bitcoin isn’t the only cryptocurrency worth attention.

The price for Monero, for example, has been changing constantly from $10 in 2017 to $100 today. At some point, it even cost $500. The same with Dash and Ethereum.

Pro traders usually devote only 5–30 percent of their capital to one cryptocurrency. Follow suit.

The easiest way to keep track of your cryptocurrencies is via terminals: in one interface, you can compare the rates of your cryptocurrencies across various exchanges and sell each where it’s most profitable. Terminals usually have subscription models: Fumgo, for example, costs $20 a month but offers a trial week and two free months for subscribers.

Continue Reading