Albetrage - Makes it easy for Total Change in the Sports betting field

About Albetrage

Albetrage platform eases a complete shift in the area of sport betting, it was developed with the aim of disrupting the betting industry using cryptocurrency and blockchain.

It takes away absolute power from the bookies and gives it to the bettors. It will make use of Ate token which is a community driven decentralized crypto currency powered by a decentralized TRC-20 smart contract on the Tron blockchain, to enables global access to its markets.

Sport Betting

Sports betting is a form of gambling that entails placing a wager, also known as a bet, on the outcome of a sporting event. The primary intent of sports betting is to win additional money.

it can also extend to nonathletic events, such as reality show contests and political elections, and non-human contests. it is, in fact, an ancient form of entertainment.

It is estimated that the very first bets appeared along with the first sport disciplines. Then people quickly came up with the idea that you can bet on a particular event and even make money while having fun.

Advantages of sport betting

• Play Every Day with Convenience
• It’s a Good Source Of Entertainment and Fun
• Socialization
• A Chance to make money

Arbitrage Betting

In the financial world, Arbing (Arbitrage), is the process of purchasing something (mostly an asset or product) and then selling it almost immediately in another market for a higher price in order to profit from an imbalance in the price. It is a trade that profits by exploiting the price differences of identical or similar financial instruments on different markets or in different forms.

In sport, arbitrage is quite similar to the financial world, bettors takes advantage of arbitrage betting by exploiting odd differences in multiple bookies for the same event.

How does it work?

To help you understands perfectly how arbitrage works, we are going to use the odds on a tennis match between Player 1 and Player 2 offered by bookie A and bookie B - as illustrated in the image below.

We are using a hypothetical scenario where Bookie A has placed odds as follows: player 1’s odds of winning is 1.46, and player2’s as 2.91. However, Bookmaker 2 considers differently and placed odds for player 1 as 1.32, and player 2 as 3.75.

Now, the math behind figuring out if this case is an arbitrage possibility is quite straightforward. All it takes is to divide 1 by each of the odds and sum both of the numbers, then if the sum number is below 1, an arbitrage possibility exists.

Check if arbitrage is possible ?

As can be seen above, an arbitrage exist when a bettor place a bet on player 1 to win on bookie A and player 2 to win on bookie B. Next is to figure out how much to place on each odd. For example, let’s say that we decide to invest $20,000 into arbitrage betting, the calculation will be:

NOTE: Doing the above calculations by yourself can sometimes leads to errors, it is for you to have a better understanding of how it works. there’s no need to calculate this all by yourself, Albetrage platform has an integrated calculator that will help you to check whether arbs still exist and also calculate the amount to invest on each odd, there are also many arbitrage calculators available Online.

Mission and vision

We believe that betting can really be a source of income for bookies and bettors, it should not only work for bookies as they are available today, who pocket large sums of money, at the expense of most of the bettors who end up losing money in the long run.

We want to bet to be another form of investment where a bettor can bet with the confidence of winning something at the end of the day, rather than depending on luck, that 80% of the time it won't work. We want to put power in the hands of the bettors, eliminate exploitation.

Some of our Features

ANONYMOUS BETTING

Albetrage was built around protecting our users' privacy. we are not interested in your identity, we only want to see you win.

 

USER FRIENDLY

We have one of the best user interface, making it easier for our users to navigate.

 

BIGGEST ODDS

We offer the biggest odds in the world, we don't reduce our odds like others, we increase it to match their reduction.

GLOBAL MARKETS

Albetrage makes use of ATE Token, which enable faster transactions and break regional restrictions that associates with fiat payment.

 

LOWEST FEES

Bettors pay the lowest fees you can get anywhere, you can keep 99.99% of your winnings.

 

24/7 SUPPORT

Albetrage platform has well trained customer relationship officers, readily available to help you resolves any issue.

Token Details

The Roadmap to Full Development

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Author : cold_murchete