About the project
What we call gamified betting, offers the same experience as traditional betting platforms.
However, it’s totally different by economic means. In Web2 platforms, users must bid a desired amount of money in favor of selected odds. If the bet is unsuccessful, 100% of the deposited amount is lost. That’s how traditional Web2 sports betting works.
With Better, however, staked amounts and daily betting limits are determined by the quality and quantity of the NFT each user holds. These NFTs are called Fan Cards.
Fan Cards provide users with a daily amount available for betting without depositing any funds. This mechanism 100% prevents a loss realization in terms of hard money. Meanwhile if the bets become successful, users will be distributed an equivalent amount of $BTB or $BFF. Daily betting limit is restored every 24 hours.