RoBET is going to be the worldwide first platform natively based on the Ethereum blockchain thought to create an innovative 'betting exchange', which enhances the use of smart contracts and blockchain in order to create a cryptocurrency based sports betting ecosystem.
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RoBET is the first platform natively based on the Ethereum blockchain, and designed to create an innovative 'Betting Exchange' able to enhance the use of smart contracts and blockchain to facilitate the birth and growth of a professional, transparent, and sustainable ecosystem of sports betting. The platform is also integrated with an Artificial Intelligence engine designed to support the needs of players and bookmakers.
In RoBET, the players can choose to bet using the RAC tokens or others digital currencies. Alternatively, the players can open their own mini digital agency and then have their own account promoted to be a “Bookie”. In this respect, the use of the smart contract enables also the possibility to share the bookie wallet and gaming strategies with other partners, with which to propose custom odds to all the players of the RoBET platform.
The system elaborates odds and forecasts on a daily basis using its predictive tools (RAC AI platform) based on both a large database of odds and bets obtained from the main international bookmakers and the information generated by the platform itself - even at the level of each mini digital agency -, as if it were a real right node of a decentralized ecosystem.
Finally, RoBET is also a digital multi-cryptos wallet able to guarantee the management of the entire betting process using digital currencies. As a unique and innovative feature, RoBET also offers the possibility to exchange, passing through one or more sports bets, one cryptocurrency into another at a very low transaction fee.