What is it with humans and gambling? Since the beginning, humans have always gambled. It is an inherent part of our society that most people, young and old alike, find enjoyment while playing--be it a simple roll of the dice or holding two playing cards and hoping to get a sum of 21. There’s something about the calculated risk and the possible reward that makes gambling so difficult to resist, and so addictive.
Even before the internet, gamblers visited places where gambling laws were less strict. Places like Macau and Las Vegas were the most visited places for gamblers to have that ultimate gambling experience. But technological advancement has replaced in-person gambling with online gambling.
According to Statista, the global online gambling market is anticipated to be valued at more than 94 billion U.S. dollars in 2024: https://www.statista.com/statistics/270728/market-volume-of-online-gaming-worldwide/
This statistic is forecasted to double in the upcoming years. The current size of the market is almost 46 billion U.S. dollars, and the number keeps growing every day. This is understandable since online gambling is much more convenient than in-person gambling. With in-person gambling, you need to travel far and wide to visit an actual casino, sometimes traveling to different countries where it is legal to play. With easy access and fast internet, you can now stay in the comfort of your home, go online and gamble. This accessibility whenever and wherever has encouraged more people to gamble than ever before.
“The house always wins” is a common sentiment in gambling spheres. Most gamblers know that the house or casino operator has an “edge” on them, yet they still play and gamble. They know that the house has higher odds of winning, they just don’t know how much higher.
With today's technological advancement, specifically, blockchain’s transparency and decentralized network, issues like this can be improved and a wide variety of issues in the gambling industry will be sorted. Smart contracts on a blockchain will give gamblers an insight into exactly how much of an advantage the house has.
Although online gaming is much more accessible and convenient because you can play from home in your pajamas, nothing beats the social interaction you get from the actual casino.
BetTronLive, a live dealer casino based on the TRON network blockchain aims to offer a new trend in online games. This project combines two of the most innovative technologies: blockchain and live dealer gaming!
BetTronLive is taking user experience to the next level. Users on the platform will have the unique opportunity to play a wide selection of games, including live dealer games, sports betting, baccarat, slot machine, sic bo and bingo. Players can enjoy a more realistic, immersive and smooth iGaming experience.
By integrating a native cryptocurrency — the RAKE token — into the working model, BetTronLive will give both cryptocurrency enthusiasts and players the chance to mine digital assets as they use the platform.
The BetTronLive project was created with the community in mind. Hence, the following ways for the community to earn are set in place:
- RAKE tokens can be mined just by playing games on the BetTronLive platform.
- Users can earn tokens by watching a short advertisement video before their game starts, creating a consistent revenue channel and more earning opportunities for the community.
- Platform profits will be fairly and transparently distributed among all token holders.
- To further drive engagement, incentives are given to active players.
- Dividends will be distributed in TRX (TRON) coins, which are traded on all major cryptocurrency exchanges around the world.
BetTronLive is taking the blockchain into online casinos and revolutionizing the way players, developers and casino operators interact.
Join our community: https://t.me/BetTronLive
Keep updated on announcements: https://t.me/BetTronLiveANN
Visit our Website: https://bettronlive.io/
Whitepapers & Summaries (Multilingual): https://bettronlive.io/documents.php
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Watch our video: https://youtu.be/9Za9n81h8C8
BTT Ann: https://bitcointalk.org/index.php?topic=5155822
BTT Bounty: https://bitcointalk.org/index.php?topic=5159675.msg51639765#msg51639765