Crypto bet will be possible?

intellihandling (63)in #cryptocurrency • 6 years ago

Dear Steemitians

we are all watching this very interesting world cup football games, but i would like to understand if will be interesting service, only for our community, to make a betting session using Steem or SBD.
The system will be easy, we will propose the possible bets of the day and quotations, than from the user who want to bet, need just to send the amount with memo of bet kind, than to confirm the bet, we will send back 0.001 steem with confirmation or we send back amount if bet will not be accepted.
We would like to start this service after first stage of this world cup, but we would like to understand if this service will be interesting for our community.
For example, we will make a post with possible bets with value, like it:

JAPAN-SENEGAL: JAPAN= 1.5, DRAW=2, SENEGAL= 1.8

So who want to bet, need to send the amount of Steem or SBD to us with memo of choice (for example: JAPAN).

If JAPAN will win, the bet will be winner and the user will got his betting value multiply per 1.5 (for example 2 SDB bet will get back 3 SDB).
If will be another result, the amount bet will be lost as in every bet system.

This post is only to see if this service will have followers and interested friends, so no bet will be accepted till we will not announce officially the bet in a new post.

#bets #money #news #worldcup

6 years ago in #cryptocurrency by intellihandling (63)

$3.45

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crypticat (70) 6 years ago

Interesting idea but I don't recommend it. Do you have a license to operate a gambling operation? Are you located in an area which allows online sports betting? Are you going to profit? Have you done your due diligence to ensure everyone placing bets is legally allowed to do so? Just don't do it, it's not worth it.

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3 votes

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intellihandling (63) 6 years ago

Hi @crypticat, thank you for suggestion, but i would like to do it just for Steemit community just using Steem or SDB. Is it forbitten to do it in Steemit?

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crypticat (70) 6 years ago (edited)

I'm not sure but this is a blockchain, things don't disappear. In most countries it's illegal to operate a sports betting ring for any sort of profit, SBD or Steem included. I'd talk to a lawyer if you are considering this, not random internet people.

$0.09

3 votes

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intellihandling (63) 6 years ago

Thank you for suggestion

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tsnaks (63) 6 years ago

I am already betting with crypto on @betgames

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2 votes

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intellihandling (63) 6 years ago

Hi @tsnaks, i visit this user, but it is not clear how they calculate the bet. It seems more bet are placed to a result, less is the bet reward, i well understood?

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steem-bounty (72) 6 years ago

@intellihandling has set 0.500 STEEM bounty on this post!
What is a bounty exactly?

A bounty is money sent to a post to be distributed to the users commenting on it. It provides a way to reward users directly and works in addition to the steem/sbd they receive from the blockchain. It works independently of SteemPower.

You create a bounty by sending any amount of sbd/steem to @steem-bounty together with a post-url in the memo.

How can I earn a bounty Users are then competing for the bounty by writing their answers to the post in comments that will achieve upvotes from the community and especially the bounty creator. The money of the bounty gets distributed to all top level comments of the post at the same time when the post is paid out (7 Days after it was written). How much everyone gets depends on the votes the comments received. The sender of the bounties votes are weighted higher so that she decideds where 80% of the bounty money goes and all other votes determine the rest.

@steem-bounty does all of this for you automatically. You can use this service to automatically pay out a challenge, ask a hard question or simply to reward the people that interact with you.

Read more about how it works, even in different languages here.

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2 votes

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intellihandling (63) 6 years ago

Hi my best friends!

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steem-bounty (72) 6 years ago

Congratulations to the following winner(s) of the bounty!

@tsnaks has earned 0.124 STEEM. 0.095 STEEM from the creator of the bounty and 0.029 STEEM from the community!
@rentmoney has earned 0.095 STEEM. 0.095 STEEM from the creator of the bounty and 0.000 STEEM from the community!
@crypticat has earned 0.161 STEEM. 0.095 STEEM from the creator of the bounty and 0.066 STEEM from the community!
@celinavisaez has earned 0.095 STEEM. 0.095 STEEM from the creator of the bounty and 0.000 STEEM from the community!

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rentmoney (68) 6 years ago

If you keep at it, I am sure eventual you will gain clients. Gambling is popular.

Good luck with your idea.

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1 vote

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intellihandling (63) 6 years ago

Thank you very much for your wishes

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rentmoney (68) 6 years ago

Your Welcome !

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celinavisaez (62) 6 years ago

¿Hola ! Hay que asesorarse bien, pero es una propuesta interesante para los que les gusta jugar a las apuestas, un fuerte y cariñoso abrazo @intellihandling upvote y reestem.