UBET is a decentralized sports betting platform that enables sports trading using USDT.

UBet’s approach to sports betting is distinct from traditional sports betting sites because UBET is focused on fair P2P sports trading rather than profits.

Visit our website: https://www.ubetsports.io/

Place your bets on the UBET platform: https://testnet.ubet.exchange

What is UBET?

UBET is a decentralized sports betting platform. UBET Sports is distinctive from traditional sports bettings sites in the way that we approach sports betting as decentralized trading instead of gambling.

The figure below shows how UBET compare with traditional bookies

Visit our website: https://www.ubetsports.io/

Place your bets on the UBET platform: https://testnet.ubet.exchange

Who are UBET users?

Bettors: take advantage of your sports intelligence to bet on sports events.

Liquidity Providers: earn passive yield by enabling bettors to trade easily.

Bettors and Liquidity Providers (LPs) have different interests and expectations from the UBET platform. Together, it creates its own ecosystem that enables a sustainable sports prediction market and decentralized banking.

How can sports bettors benefit from UBET?

We eliminate the house, invisible vigorish, and odds manipulation from traditional sportsbooks. We offer market-implied odds.

Bettors who want:

- A decentralized platform with no centralized bookie.
- Better odds.
- Lower fees.
- Transparency.
- Instant payout.
- A great user experience.
- No wager limits

What are the Advantages UBET has over Traditional Sportsbooks

Bettors can bet on the outcomes of sports events and trade their bets. We list our competitive advantages below:

User Interface
The user interface is optimized for both traditional sports betting and cryptocurrency communities that are simple, self-explanatory, cutting edge and all-in-one-page. Most importantly, any user can easily engage in betting even if they are not exposed to the traditional sports betting market.

Lower, consistent, and transparent vigorish (service fee)
Vigorish is a term that is used in the traditional sports betting world. It is equivalent to a service fee that the sportsbook takes as a guaranteed profit. Often it is used to offset the risk that a sportsbook takes against the bettors.
Lower vigorish
The average vigorish that a sportsbook takes is 3.5 - 6.0%. By the nature of our betting protocol, we are able to lower the service fee to 2.5% + slippage fee (based on the wager size and liquidity pool status) and most of it gets re-distributed to our liquidity provider community. More specifically, the liquidity provider earns the service fee for providing liquidity to the market.

Consistent vigorish
Another big downfall in standard sportsbooks is that they constantly change the vigorish as their risk of profit changes dynamically until the game begins. This makes it very difficult for average sports bettors to win the market. As mentioned, the service fee is fixed at 2.5% before the sports game starts and only the extra part is the slippage fee. Therefore, the vig can go low as 2.5%.

Transparent vigorish
Betting odds and vigorish (service fee) are presented separately to users. This sounds obvious for any trader but it is different in the sports betting world! This makes the user not able to know what the true betting odds are and what the actual vigorish is.

The betting odds represent the market-implied probability of the event. Thus, understanding this quantity enables us to calculate the expected return given that the market is efficient. Moreover, the bettors know how much they are paying for the service fee.

Fast payouts
Our own betting contract in the blockchain - consists of the event, settlement result, and maturity date. The bet tokens can be converted to a USDC (or UBCKS if it's on testnet) and redeemed into your wallet.

#UBET PREDICT

PREDICT THE WINNER OF 5 MATCHES AND WIN AMAZING CASH PRIZES

To play visit our Twiiter: https://twitter.com/UBET__Sports

Bet on The UBET platform: https://testnet.ubet.exchange

Vist the UBET website: https://www.ubetsports.io

Join the UBET Discord: https://discord./st63FXSjZW