Step 3: sports betting via decentralised system that determines the odds
Everyone is talking about betting sport but this cannot be decentralized.
why not? it's basically an exchange with prices that determine the odds. house edge could be easily implemented, hardcoding of the results shouldn't be extremely difficult. or am i missing something?
from where do you get 100% reliable and 100% true results without any trust issues.
How does the software post the bets? How could this ever be automated? Take bets from a centralised site? Can be manipulated.
I am 99% sure that sportsbetting can't be added..
Casino games on the other hand. Easy