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
i'd like to hear one of the developers comment on this. the results would obviously be a problem, though a very similar one to the randomness problem that was solved via the ny lottery drawings. the community would agree on a source for the results and that would be kept until it goes down.
the rest in my view (posting the bets) could be achieved just like a decentralised exchange works.
No,TwinWinNerD is not CHA dev.
Add Sports gambling first please. It's one of the most attractive betting market.