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Blockchain Offers Cloudbet Players the Fairest Odds in Soccer

George Miller

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Cloudbet's Top 5 Most Valuable Players in the Premier League
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  • Crypto advantage allows sportsbook to offer commission-free bets
  • Adds to other benefits blockchain technology provides to players

 

One crypto sportsbook is using the English Premier League’s return to demonstrate how blockchain technology helps it to offer customers fairer prices to maximise their winnings.

Cloudbet, the pioneering bitcoin operator, recently announced that for each remaining game in the EPL season, it would charge no commission on pre-match bets for 1000 players, allowing them to access the best odds — and therefore the highest returns — on the market.

The “zero-margin” campaign grabbed the attention of some seasoned industry observers, who questioned the sustainability of essentially giving up pre-match profit for the 92 remaining games in the season. It also draws attention to how Cloudbet leveraged its crypto background to offer players the fairest prices on the street, contrasting against a backdrop of improbable odds and gimmicks used by some operators that have dented the industry’s credibility.

The answer for Cloudbet lies in the blockchain technology that underpins its operations, and has helped it generate substantial savings from avoiding costs faced by fiat operators. Cloudbet passes on these savings to players by extending generous bonuses or, in the EPL case, removing the margin it charges on sports events.

Leading up to the Arsenal-Manchester City clash on June 17, Cloudbet had odds of 8.77 for a Gunners victory and 1.39 for a City win, compared to the average of 8.36 and 1.36, respectively, of five sportsbooks compiled by Bitedge.com. Cloudbet priced a draw at 5.88, compared with the book average of 5.74.

The EPL campaign is an extension of the operator’s long-standing “best odds” campaigns that feature margins as low as 2% on sports including soccer, basketball, American football and mixed martial arts.

“Ultimately, we’re aiming to make sports more engaging for our players and what better way to supercharge the experience than by offering the best prices that are mathematically possible,” a Cloudbet spokesman said. “The primary reason that we can do that is because of blockchain.”

The capacity to provide fairer pricing is yet another expression of the empowering and democratising characteristics of blockchain for the gaming industry. It’s another clear benefit the technology offers players, on top of the more widely touted faster transaction times, secure fund storage and privacy protection.

Founded in 2013, Cloudbet has been making waves since relaunching itself in late April. While it has built a legacy as a trusted bitcoin operator, the firm has taken a bold step toward making the new Cloudbet.com more accessible to mainstream players with the addition of USDT betting, along with easy credit-card coin purchases. Cloudbet also accepts ethereum and bitcoin cash.

Besides soccer, the new Cloudbet.com offers odds on a multitude of sports and esports markets, while the Cloudbet casino has hundreds of slots and a live-dealer experience with all classic table games.

Blockchain

PC RPG LiteBringer is now live on Litecoin blockchain

George Miller

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PC RPG LiteBringer is now live on Litecoin blockchain
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The makers of popular PC game Tibia enter the world of blockchain games.

Hundreds of blockchain games have been released over the past few years, but LiteBringer is the first running on the Litecoin blockchain.

Developed by experienced German studio CipSoft, the PC game has been designed to make the most of this emerging technology by focusing on what it does best – that is allowing players to truly own and control all their in-game items.

And as a role-playing game, LiteBringer certainly has plenty of those.

Each character created in the game needs to be equipped with the best gear you can find, and both character and gear need to be leveled up by collecting the material resources each requires.

The result is a game that sees you sending your characters on specific time-based missions to collect loot, and then using that loot to make them more powerful so they can complete more difficult missions for better loot.

Digital ownership

Of course, as a blockchain game, this activity is stored on the Litecoin blockchain, including characters, gear, and resources.

More importantly, all of these items can be traded within the game’s marketplace. So if you really want a high-quality sword or helmet and are prepared to pay the asking price, it’s yours.

Similarly, if you have gear or characters that you no longer require, you can try to sell them to other players as well.

All activity – including character creation and missions – plus all trading is priced in fractions of the Litecoin cryptocurrency. That means LiteBringer will require a certain level of technical know-how. Basically, you will need to send a small amount of the Litecoin cryptocurrency to your game’s wallet to start playing.

You will also need to securely save your password and private key to ensure you have access to your account because no one is able to reset or access your account. Remember, this is a blockchain game!

And yet despite this learning curve, LiteBringer is a blockchain game that combines the value of this emerging technology, with enjoyable and recognizable gaming experiences.

Basically it feels like playing a normal hardcore RPG.

Play free now!

To celebrate the launch on Litecoin Litebringer have an offer for new players. Start playing now and 90% of the transaction costs within the game will be covered for 1 month by Litebringer. Furthermore, there is the possibility to collect free ‘Lites’ from a special pool which will allow new users to get involved for free.

You can check out all the details, including a neat How To Play tutorial section at the LiteBringer website.

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Blockchain

Leading Spanish Esports Organisation Team Heretics to Launch $TH Fan Token on Socios.com

George Miller

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Leading Spanish Esports Organisation Team Heretics to Launch $TH Fan Token on Socios.com
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Blockchain

Apollon Limassol FC to Launch $APL Fan Token on August 25

Niji Narayan

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Apollon Limassol FC to Launch $APL Fan Token on August 25
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Apollon Limassol FC, in association with Chiliz (Binance: $CHZ), is going to launch its $APL Fan Token on August 25. The token will be sold exclusively on fan voting & rewards app Socios.com and the Chiliz Exchange, the world’s first tokenised sports exchange.

A total of 100,000 $APL Fan Tokens at a fixed price of €1 will be available for sale from August 25 to August 27. A total of 75,000 $APL Fan Tokens will be available on Socios.com, with another 35,000 to be sold on Chiliz.net. Fans can purchase up to a maximum of 50 $APL Fan Tokens either on Socios.com or Chiliz.net.

From August 28, fans will be able to continue buying $APL, but from this point onwards price will be determined by supply and demand.

$APL Fan Token holders can vote in a series of launch polls, choosing players to go head to head in a skills challenge with selected voters to be invited to the training ground to award the winner.

$APL holders will be able to influence club decisions, voting in many polls each season on Socios.com and earning rewards linked to the club, including innovative digital experiences and real-life activations, such as meeting players and watching games as a VIP when fans return to the stadiums.

“We are excited to be the first Cypriot club to join Chiliz and Socios.com! Here at Apollon FC, we are constantly looking for ways to innovate and increase our brand exposure. Seeing our club logo next to some of the most prestigious clubs in the world and knowing that we are all together in such an amazing project, makes us extremely proud! We know that Socios.com can be a great communication stream between us and all the Apollon fans around the world and we are eager to receive their help in various club matters,” Nicos Kirzis, Club President of Apollon Limassol FC, said.

“Apollon FC are a forward-thinking club who are passionate about making sure their fans are able to have their say. We’re delighted they’ve chosen to embrace tokenisation to build an even closer connection with the fans and we’ve got some really exciting plans for the future,” Alexandre Dreyfus, CEO and Founder of Chiliz and Socios.com said.

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