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Licensed & Regulated Gambling market is $ 533 billion, while unregulated gambling is much bigger at $ 1 trillion, Europe has the biggest bet market of 41% of the world market.
Mobile gambling is the most potential market with the fastest growth, with a total revenue of 26.% in 2016
Global gambling is licensed and regulated by the gambling market (all products including: bets, poker, casino, bingo, gaming machines and lotteries) are expected to reach $ 533 billion in 2017. That would represent an increase of 47% of the $ 363 billion market figure a decade earlier on 2007. Global Betting and Gaming Consultant (GBGC) and Morss Analysis
Betting accounts for nearly 14% of the $ 430 billion total global gross gambling results in 2012, with recent estimates reaching over $ 470 billion in 2014. Betting equals 14% of the $ 337.1 billion global market in 2007; the latter has grown by 27.5% to reach the 2012 figure. European Gaming and Betting Association
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The betting has the following key-parameters:
Wealthy worldwide market
Dynamically developing market
Major unregulated share
Actively growing mobile audience.
Bringing all these factors together, it is understood that sports betting is one of the biggest and most perspective international markets on Earth. Online betting is the market, where decentralized crypto-based solutions are fully substantiated. Moreover, the gambling, like all others sectors, is undergoing transformation due the new available technology
The Porblems
The online betting industry has suffered from a luck of innovation for years. However, today's betting services have the following disadvantages:
• No Worldwide;
- No full worldwide work;
- No worldwide money deposits and withdrawals;
- No worldwide support;
- Only local and most known sport events;
- Many bookmakers ban foreign users;
• High Commissions;
- 1-3% fee on money deposit;
- 1-3% fee on money withdrawals;
- 0-5% fee on winnings;
• No Crypto-Currencies Support;
• Unfair Conditions — Due the legal issues, traditional bookmakers offer low-profitable odds. Moreover, they require a minimum deposit of $20+.
• Taxes Issue — Some of betting services automatically take taxes on personal income;
• No Vendor/Organizers Platform — there are no platforms giving possibility of creating own betting events. It may be useful for small sport leagues, event organizers, e-sport streamers.
• No API — just few services provide public API for developers. Contrariwise, most of the betting providers block betting bots and third-party parsers.
• Moreover, today's "decentralized" solutions can't provide fast betting service and has a problem of crypto-currencies' volatility.
The solution of problems
Described above is the Betrium. Betrium is a decentralized service that is revolutionizing the nature of online betting and, in future, overall gambling.
The blockchain technologies make Betrium open, resistant to hacking, and therefore a safe environment. Betrium is the first to offer the following key-features:
• Worldwide;
- Worldwide money deposits and withdrawals;
- Worldwide support (for 25-30 countries);
- All the sport events all around the world;
• Volatility Stabilization — balances will be fixed in the virtual USD/EUR, so users are protected from loosing in regular crypto currencies' dumps by integrating exchange functionality.
• Event Organizers Platform — we offer a unique creation platform for event organizers. The platform gives opportunity to create events (and particularly cyber sport streams) and make profit on betting using a powerful blockchain technology.
• High Commissions; - 0-1% fee on money deposits, withdrawals and winnings;
• Support of Popular Crypto-Currencies; - ETH, BTC, LTC, XZC, DASH.
• Taxes Issue — Betrium can't take taxes due it's nature;
• Fast Bets Processing — Bets happen off-chain.
• Open API — Betrium provides a public API for developers and encourages betting bots, third-party apps and betting service providers.
OUR MISSION
The gambling industry is developing and moving towards. Gambling already takes a part in most people lives and the Market Review illustrates this. We do not respect traditional betting services due their unfair conditions and other problems described in "Problems" section. Our mission is to change that.
FUTURE OF GAMBLING
Betrium has several goals for future, which is described in following subsections. The main goal is to make the world’s biggest gambling platform.
1 ULTIMATE OPEN API
Betrium API. One of the Betrium's key features is the powerful betting open API for developers, third party apps and a betting bots. In future, Betrium can become a world’s betting processing center, so other betting providers will be able to build Betriumbased solutions. Event organizers will create custom betting services for their events using the modern API.
SPORTS AREA
Betrium Cyber. Add e-sports area. In late 2018, we plan to run a section of Betrium Bets especially for cyber-sport. Cyber-sport is an actively developing market and e-games are absolutely important part of sport and youth culture even now.
ONLINE LOTTERIES
Betrium Lotteries. An important part of our expansion takes decentralized blockchain-based online lotteries. According to the Market Review, lotteries have a 10.3% share of overall gambling market and take the third place by its size.
POKER, CASINO ETC.
Betrium Casino. We'll add more gambling play-fields such as online casino, online poker and other games service. This is one of the major gambling markets after betting.
LIVE SPORTS
Betrium Live. As a serious player on the market of sport events, Betrium's future goal is a live sports broadcasting. In mid 2019, Betrium is going to start live broadcasting of main sport events and e-sports streams in FullHD.
OFFLINE
Betrium Offline. According to the market analysis below, the offline betting market still takes a serious share of global betting market. Potentially, the project may go partly offline in future.
REGULATORY Licensing for bookmakers. Licensing is a logical continuation of betting service development. It is required in two cases: money withdrawals and offline points. The cost of license varies from
REVENUE IN FUTURE
As a gambling platform, Betrium plans to expand its services (see the section "Future of Gambling") and become the global player on the market.
The list of the possible sources of revenue in future:
- Online-casino (poker, black-jack etc.); 2. Other games like Keno or Bingo; 3. Decentralized online-lotteries; 4. Betrium Live service for sports broadcasting; 5. E-sports platform;
ICO
The Betrium's ICO starts on April, 05, 2018, ends on May,14, 2018.
63 000 000 (45%) Betrium tokens (BTRM) will be distributed during the ICO.The price of BTRM tokens will depend on the number of tokens issued during the ICO:
The funds raised during the ICO and pre-ICO will be spent in the following order:
• Capital for Wins Rewards 10%
• PR & Marketing 40%
• IT Infrastructure Development and Support 22%
• Legal Issues Fixing 4%
• Localization for major languages 1%
• Operational Spends (office, employees, etc.) 8%
• Unforeseen Expenses 12%
• Founders and Developers Bonus 3%
For more information :
http://betrium.co/
https://t.me/Betrium
https://twitter.com/betriumBets
https://www.facebook.com/Betrium
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