Bookmaker is a specialist who accepts cash bets on results of sports games (horse racing, football, running, etc.), financial, cultural, weather, political and other events. The bets are accepted on certain conditions, with the pre-determined rules of payout.
Advantages of betting with XWIN:
The Ethereum blockchain and smart contracts is a dynamically developing technology for investing, settlement of transactions online, and now for betting as well. It would not be right to disregard the advantages this technology has to offer.
XWIN smart contract performs the functions of an arbitrator that autonomously and completely independently fulfills the terms of agreement. In other words, if the bet was made using the smart contract, the conditions prescribed in the smart contract should be met 100% regardless of the desires of the parties. The better who places the bet with XWIN, receives information about all conditions, and subsequently these conditions cannot be changed, since they are written in the smart contract. The payout amount is locked on the account of the smart contract at the time of placing the bet and cannot be expended or spent prior to the settlement. None of the parties can make changes to the bet that has already been placed, and spend the prize fund. Thus, XWIN is the first and currently the only bookmaker, largely protected and safe from the traditional bookmaker market, and creates real alternative option.
XWIN was established based on the technology of blockchain and smart contracts. It provides an opportunity to make bets in the crypto currency and do it in a comfortable, convenient and, most importantly, safe way.