Betrium is the solution developed by group of entrepreneurs and MIT & MIPT graduates offering the first partly-decentralized worldwide betting service (betting exchange & sportsbook) with zero-commisions accepting crypto-currencies and offering platform for event organizers, developers and third-party service providers.
The gambling industry is developing and moving towards. Gambling already take a part in most people lifes and the Market Review illustrates this. We do not respect traditional betting services due their unfair conditions and other problems described in "Problems" section. Our mission is to change that.
Also, we think that every single event organizer like private Austrian box league should have an opportunity to earn money on bets. Betrium will give that opportunity to all, including individuals such as e-sports streamers.
Finally, we will provide a powerful Public RESTful API so developers may create as much betting bots as possible.
In Betrium bets happen off-chain and only added when the event happens and the outcome is undeniable. However the bets are broadcasted all over the network instantly for the odds to be recalculated.
That means, in contrast to competitors, we are able to provide high-speed betting service built on decentralized IT architecture.
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