Classic Bets - Vintage Betting Platform: BET | PLAY | EARN




  • Gambling and betting is a favorite past time for a lot of people. A way to take your luck by the horns and see what it spits out for you. If I was going to be deep, I'd aso say it's a way of riding the waves against the might of the Universe and coming out on top (If you win). But I'm not deep, so I'll just say it's pretty fun.

    TYPES OF BETTING

    Online gambling is one of the fastest-growing markets on the planet – especially now that an ever-larger percentage of the world’s population has mobile Internet access. In the world of betting, there are a few ways to make a bet. First of all, we need to keep in mind what betting is. Betting refers to the action of gambling money on the outcome of a race, game, or other unpredictable event. A variety of bets usually depend on the following outcomes:

    Win
    Each way. An each-way bet is a two-part bet, with half the stake going on the selection to win and the other half on the selection to place.
    Double. A single bet on two outcomes in different events

    BLOCKCHAIN BETTING

    Online Casinos have in the past been accused of using tricks and scams to steal from customers’ right in front of their noses. Who has never heard the statement, the house always wins? Proven cases of fraud make online gambling something to keep away from. You see, if a gambler knows that the odds are stack against him/her because of lack of transparency, he/she will keep away. And if gamblers stay away, the casinos will not make money.

    The introduction of Blockchain technology will boost trust among customer and enable them to bet with confidence since Blockchain smart contracts verify records on a shared ledger that cannot be manipulated therefore increased transparency.

    1. Reduce Fraud
      Online fraud causes account for significant loses in the gambling industry. A player may decide to be “smart “and defraud the operator when making a deposit or withdrawing money from the casino. Worse still fraudsters can hack the casino’s system through the servers’ back door.

    Blockchain technology solves this problem by providing secure ways of transactions. Blockchain’s distributed ledger makes it an impossible task to manipulate anything in the system. Your winnings are automatically calculated and sent you. Thanks to smart contracts.

    1. Paying with Cryptocurrency
      The other obvious thing that Blockchain has brought on board is the use of cryptocurrency as an alternative payment method. A good example of a gambling site where the use of crypto has been very successful is SatoshiDice. It is reported that at one point they recorded more Bitcoin transactions than several other exchange platforms combined.

    Accepting cryptocurrency creates an opportunity for players to venture way beyond there regulatory jurisdictions since crypto is no dependent on regulated payment services. In addition, Blockchain technology will significantly reduce costs associated with withdrawals and deposits to casinos since it eliminates intermediaries such as banks.

    1. Anonymity
      Traditional casinos are associated with many regulations when it comes to their dealings. This includes asking users to supply numerous documents when creating and verifying their accounts. The process could be lengthy and time-consuming. The process also limits the number of players.

    Blockchain technology comes in to solve these issues with its anonymity feature. The feature ensures that users never have to share personal information when conducting transactions. Such a feature hinders hackers from accessing users’ data.
    source

    CLASSIC BET


    BENEFITS OF CLASSIC BET
    Owning a Classic Bet Masternode will allow you earn passive income from masternode rewards and staking. This means profit on a daily basis from the Classic Bet Node. Asides from the passive rewards coming in, the masternode owners will have access to premium games and activities.

    Distribution

    Coin Statistics

    Coin name : ClassicBets
    Abbreviation : CBET
    Algorithm : Quark
    Coin type : Masternode + PoS
    Block time : 60 Seconds
    Block Maturity : 6 Blocks
    Masternode confirmations : 15 Blocks
    Min Stake Age : 30 Minutes
    Difficulty retargeting : 10 Blocks [DGW3]
    Masternode collateral : 3,333 CBET
    Block reward : 1.00 CBET
    Masternode reward : 0.75 CBET - 75%
    Staking reward : 0.25 CBET - 25%
    Total supply : 21,000,000 CBET
    Premine : 200,000 CBET*
    P2P Port : 7777
    RPC Port : 7776

    Premine usage : 56% - ClassicBets Presale
    unsold coins will return to Game Fund
    22% - Initial PR/Listing Fees
    22% - ClassicBets Gaming Platform Fund

    Official Links

    CBET Website : https://classicbets.net/
    Explorer : http://explorer.classicbets.net/
    Twitter : https://twitter.com/bets_classic
    GitHub : https://github.com/ClassicBets
    BitcoinTalk : https://bitcointalk.org/index.php?topic=5154218
    BitcoinGarden : https://bitcoingarden.org/forum/index.php?topic=75048.0
    WhitePaper : https://github.com/ClassicBets/cbet-mans/blob/master/resources/cbwp.pdf
    Resources : https://github.com/ClassicBets/cbet-mans

    Wallets

    Releases : https://github.com/ClassicBets/cbet-coin/releases
    Linux wallet : https://github.com/ClassicBets/cbet-coin/releases/download/2.0.0.0/classicbets-linux.tar.gz
    Windows wallet : https://github.com/ClassicBets...
    MacOS wallet : soon
    Source code : https://github.com/ClassicBets/cbet-coin/archive/20.0.0.tar.gz
    Masternode package : https://github.com/ClassicBets/cbet-coin/releases/download/2.0.0.0/classicbets-masternode.tar.gz

    Manuals

    MN Install Guide : https://github.com/ClassicBets/cbet-mn
    How to buy MN&PoS : https://github.com/ClassicBets/cbet-mans/blob/master/how-to-buy-masternode-pos.md

    MN Monitoring
    VaultWatch EU : https://www.vaultwatch.eu/detail.php?coin=cbet

    Shared Services
    Shared MN on Discord : https://discord.gg/BFMQDF4
    Crypto Hash Tank : https://mns.cryptohashtank.net/masternodes/CBET
    MinNodes : https://ms.minnodes.io/
    Crypos.io Platform : https://crypos.io/
    SimplePosPool : https://simplepospool.com/
    Trittium Platform : https://node.trittium.cc/
    MDC Hash Platform : https://mdchash.com/
    Gentarium Platform : https://mn.gtmcoin.io/
    My Crypto Cloud : https://mycryptocloud.nl/