EOSBet

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EOSBet

THE FIRST AND BIGGEST GAME PLATFORM IN A DECENTRALIZED WORLD

About EOSBet
EOSBet, a commercially decentralized smart casino, is pleased to announce the launch of two fully functional game proof-of-concept (PoC) now available on mainnet Ethereum. Our fully contract-based system allows for instant betting and automatic withdrawal, very fast gameplay, and complete privacy. Furthermore, we allow anyone to contribute to our bankroll and receive dividends in ETH. After months of testing and development, we believe this is the best Dice and Slot game on the blockchain and we invite you to check it out!
The focus of this post is primarily to provide a brief overview of our two game proof-of-concepts built on the Ethereum network, but keep up with the developments for the next post which details what we built at EOS.IO and our brave vision for the future decentralized online gambling. For more information, we strongly recommend that you check our white paper.

What is EOSBet ?
EOSBet is the first player type gambling platform built on the EOS.IO blockchain architecture. This game is fully decentralized, can be measured optimally, can be proven fair, and offers the hottest casino games at low cost and without costs. Our goal is to take the core of what people like about gambling - sensation, excitement, and the ability to win money while having fun - and remove everything we hate about industry - a shady opportunity, greedy companies, companies that register intrusively, and high house edge.

How it works
As shown on the official website, every bet you place with us is guaranteed through our new randomization technique. You can send your own seeds, or leave them empty. Your bet will receive a unique ID in the smart contract, which will be signed by our server with the specified private key.

This signature will then be returned to the smart contract before being verified that the correct secret signing key has been used. The contract will then get a deterministic random number from the signature, which will be used to complete your bet.

The EOSBet team has received a game license from one of the oldest game regulators in the world, Curaçao eGaming. This accreditation gives EOSBet the right to use all forms of interactive online gambling and add another level of legitimacy to the project.

EOSBET will utilize smart contract power to improve and ensure game alignment globally through easy and reliable independent transactions. This is very important for a common game chain platform that will use coins as a form of appreciation in most game activities and betting to develop the economy among users.

Play Our Game and Get Gifts at Our Aidrop!

We will send 10% of all 100,000,000 EOSBET tokens to Dice and Slots players, bankroll contributors, and EOS token holders. Here are the details:

• 25,000,000 for EOS Holders!

2.5% of all EOSBET tokens are given proportionally to all EOS token holders

• 25,000,000 for Stakers Bankroll!

2.5% of tokens given to EOSBET bankroll makers are proportional to the amount of ETH contributed. You will also receive dividends on ETH that you have contributed to the bankroll. Win-win real!

• 20,000,000 for Dicers!

2% of EOSBET tokens will be given to our Dice players! If you play more games, you get more tokens! Start scrolling and enjoy the lowest house on the blockchain!

• 20,000,000 for Slot Players!

2% of EOSBET tokens will be given to our Slot players! You will get more tokens, the more games you play, so start playing and tap our 5000 MEGA jackpot!

10 x 1,000,000 JACKPOT!

10 jackpots of 1 MILLION EOSBET TOKENS will be distributed as follows:

2 Dice players to be randomly selected2 Slot players to be randomly selected6 bankrollers to be randomly selected.

What's Extraordinary About Our Game?

• The fastest gameplay on the Blockchain

We are the first fully on-chain platform (meaning we don't use a central server like FunFair or Edgeless) for the most part to solve slow gameplay problems - a significant pain point for players. We have developed innovative methods for compiling transactions called group bets, which allow hundreds of games to be played with latency close to zero. Players simply send one transaction to the network and then play as many games as their heart wants. Because the average waiting time for the transaction to be mined is ~ 30 seconds, if you want to play 100 games, our platform will save almost an hour in waiting time for twirling your thumb compared to competitors on networks like Etheroll or vDice.

• Bet / Win easily and immediately

Playing our games is very easy. Our website is easily integrated with MetaMask, the most popular browser-based Ethereum wallet. Users place bets in two clicks using our simple front-end interface. The game wins automatically and is sent directly to their Ethereum account after the game session is finished. Gambling has never been easier!

• Justice is Proven Right

Players can have maximum confidence that each element of our game is 100% fair. Each game is just an unchangeable smart contract that operates in the Ethereum network, a structure that can be seen before and whose results can be verified both during and after the game session. Our code has been audited and reviewed by many 3rd parties who are experienced and undergo the gift of extensive bugs. Our random number generation methodology has undergone a lot of research and testing to determine the most efficient and safe techniques. Look at our white paper for more details

Bankroll Bets: Become Home and Grow Your Ether!
All bets are made on Ether, the second most popular cryptocurrency in the world behind Bitcoin. Our PoC game allows anyone to invest in our bankroll and take advantage of our games. Although we will eliminate all the edges of the house on EOS.IO, our PoC game has a small house edge that serves to fund the development and respect of contributors. 80% of all game profits are distributed proportionally to our bankroll betting makers. Contribute now to get action!

Dice
Our Dice DApp displays all aspects of the game that are liked and expected by the players, all above the neat and intuitive user interface, and a very low home. All on-chain Dice games are currently forcing users to wait for transactions to be mined before playing, and many don't even show results, making users check themselves on blockchain explorers like Etherscan.io


Our game proof-of-concept is the first to solve most slow gameplay problems. Using our batch betting technology, users can place multiple rolls (up to 1024) in one session, all for one Ethereum transaction. Players simply enter the following:

The maximum number of rolls they want to play The minimum number of roles they want to guarantee (if you lose each match) How many bets per roll do they want

With 0.5%, we have the lowest house edge for each Dice game that exists, and one of the lowest edge houses for any online casino game. Don't forget, once we move from Ethereum, all our games will have no additional costs.

Slot
While Dice is the most popular cryptocurrency betting game, Slots is by far the most popular physical casino game. Slot machine accounts generate more revenue than all other casino games combined. EOSBet is one of the first blockchain gambling platforms that offers Slots and has the most profitable jackpot opportunities anywhere, as well as massive payments of 5000x for the grand prize. The edge of our house is 4.9% far below the industry average of 7-20%. See our payment table below.

Most slot machines have payment channels that are confusing and don't need to be complicated. After beta testers reported that our 25-line 5-reel game was too complicated and difficult to understand, we removed unnecessary features and started a full UI / UX redesign. Our new space-themed slot machine is simple and elegant, only has 3-rolls and easy single-line games.

Economic and ICO Token Program
Total problems with tokens: 88,000,000 BET
All dividends are paid exclusively through negotiable prices, which imply tokens for players, as well as investors and the team itself.

Lists on stock exchanges such as DEX will soon be made, but this will be done strictly after the distribution of all distribution programs

Why We Build Our Evidence-Concept Game on Ethereum
Although we have tested and developed the EOS.IO testos, the EOS.IO blockchain will not be launched until June 2018. We built two fully functional games in the Ethereum network as proof of the concept of three reasons :

• Initially, to test the potential to build a large scale platform on Ethereum.
• To demonstrate our ability to develop products quickly and effectively. (While the shortcomings of the Ethereum network limit the types of games we can make, we believe this DApps gambling is the most optimal on the blockchain.).
• To give our community and followers something to stay entertained while we lay the groundwork for our company-level smart casino.

Project contact information:

• Website: https://eosbet.io/
• Whitepaper: https://www.eosbet.io/eosbet_whitepaper_v0.1.pdf
• Bitcointalk : https://bitcointalk.org/index.php?topic=5093891.0
• Twitter: https: // twitter.com/eosbetcasino
• Telegram: https://t.me/eosbetcasino
• Medium: https://medium.com/@eosbetcasino
• My Btt: https://bitcointalk.org/index.php?action=profile;u=1111557