UBET today announced that the UBET Sports World Cup Betting Tournament will begin next week. Launching on Nov. 20 and running throughout the FIFA World Cup, the tournament offers a total prize pool of $2,000 USDT to be won. With zero risk involved, participants can take part freely. The vision is for UBET Sports to be a super DApp, where all participants can wager on sporting events with the best odds, stake on UBET’s liquidity pool, and earn interest.
The announcement reads, “The launch of the UBET Sports World Cup Betting Tournament is the first step in laying the groundwork for a future decentralized sports betting ecosystem on the blockchain where liquidity providers are protected against the risk of impermanent loss and punters can enjoy boosted odds on a transparent platform with high transaction throughputs, low fees, and instant payouts thanks to our unique Automated Market Maker (‘AMM’). By launching the UBET Sports Betting Tournament, UBET is giving the UBettors community a first-hand experience with the UBET platform, where they can place bets to compete for cash prizes. Visit https://testnet.ubet.exchange/ to register and take part in the contest.”
To view the full press release, visit https://ccw.fm/8tUQE
UBET is a decentralized peer-to-peer sports prediction market. It eliminates the house and risk aversion that exists within existing sports prediction market products. UBET’s unique system and architecture will allow all sports fans to trade their predictions, when they want, at market-implied odds without friction. For more information, visit UBETSports.io.
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