In the same way that Uber replaced traditional taxi services, Bookie will eliminate the need for traditional bookies in their sports betting
... will make the disruption betting exchanges caused to gambling and racing seem like nothing
The application of blockchain in sports-betting looks to be incredibly disruptive.
A Betting Revolution
The revolutionary idea for Bookie can be traced back to a meeting in early 2016 between two pioneers with quite different backgrounds. One was a professional sports bettor dreaming of a betting exchange that could provide a fair and sustainable future for its users. The other, a technology visionary looking to use third generation blockchains to bring 100% provably fair online gambling to everybody, no matter where in the world they lived.
In the following weeks, their discussions led to planning, and planning led to development. Soon, a revolutionary new sports betting platform began to emerge. At its core: a betting exchange built directly on top of a blockchain.
How does it work? Bookie is a global, decentralized sports betting exchange. Bookie is built on the Peerplays Blockchain, which means it is freely available to all sports bettors with no geographical restrictions. It also offers extraordinarily low commission rates, and does not penalize bettors who are lucky enough to earn continual long-term profits.
Bookie also boasts 100% real-time market transparency - a boon for punters concerned about fairness in today’s online gambling world. Because Bookie uses blockchain technology, punters do not need to disclose any personal information to create an account, and can instantly deposit and withdraw funds from anywhere in the world.
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