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Dears all gamblers and curious crypto folks,

We are going to release in Q1 our new release on Binance Smart Chain

You could follow us on
Twitter https://twitter.com/TheGambleTribe
Telegram https:/[Suspicious link removed]/3Q888oKb8w?amp=1
Medium https://gambletribe-master.medium.com/

In the meantime, I am looking feedback from future gamblers.

How many matches would you like to see on a lotofoot bet ? 7, 9 or 15 games ?

How much are you looking to pay for a ticket ?

https://i.ibb.co/2vwJ6bX/1-Jgala-QMXVWVt-Wk-brhg-Hw.jpg

GambleTribe is a decentralized sport betting platform running on Binance Smart Chain (BSC). Our goal is to offer a complete range of betting, from the most classic to the most innovative, for all the sports and world's greatest esports teams.

How bets work

Simple bet 1N2

For each game, several pools are represented according to the different outcomes of the bet: Team victory or player A, draw, team victory or player B.
Bets are open until the start of the game.
They are closed for the duration of the match.
At the end of the game, the winnings are transferred directly to the wallets of the winning bettors.

Odds calculation

The odds are calculated according to the Parimutuel betting from French PMU standard:
The odds of a team or player are based on the amount that has been wagered on their pool compared to all amounts wagered in other pools. Which gives us the following formula:
C = (M-m) / m where C is the odds to be calculated, M is the total sum of the stakes and m the stake on the team / player.

To find out what the players will receive according to their stake, we use the "ratio" which is always greater than 1.
To calculate it, we take the raw odds, multiplied by the payout rate (90% as for traditional bets) and added to 1 (which is the starting stake)
The report is generally referred to as "usual odds" in common language.

There is nothing better than an example.
Football game: Team A versus Team B
100 BNB bets on Team A win
80 BNB on Team B win
20 BNB in a draw
The total sum bet is therefore 200 BNB

Team A rating is : CA = 1 + 0.9*(200-100)/100) = 1.9
Team B rating is : CB = 1 + 0.9*(200-80)/80) = 2.35
The score for the draw is : CN =1 + 0.9*(200-20)/20) = 9.1

So, if Team A wins, their gamblers will get 1.9 times their bet.
If Team B wins, his gamblers will get 2.35 times their bet.
If we come to the end with a draw, those who bet it, will receive 9.1 times their bet.

Losers will only have their eyes to cry. Wink

You will therefore understand that these odds will only be final once the bets are closed and the match is in progress. With each new bet, they are likely to evolve.

Bet according to your convictions, not odds !

Challenges

Principe similaire aux paris 1N2.
Des pools représentent chaque possibilité de l'occurrence du pari (ex : meilleur buteur de la semaine parmi une sélections de joueurs)
Principe de calcul des cotes identique.
Distribution des gains variables selon le nombre de possibilités.
Ex : Challenge du meilleur buteur de la semaine en Champion’s League parmi une sélection de 8 attaquants.
Répartition des gains possible : 50% au 1er, 30% au 2ème, 20% au 3ème.

Principle similar to bets 1N2.
Pools represent each possibility of the occurrence of the bet (i.e. :best scorer of the week among a selection of players)
Principle of calculation of the identical ratings.
Distribution of variable earnings by number of opportunities.
Ex: Challenge of the best scorer of the week in UEFA Champions League among a selection of 8 forwards.
Possible distribution of earnings: 50% on the 1st, 30% on the 2nd, 20% on the 3rd.

MultiJackpot

The principle is like a lottery that links several sports prognoses between them, with a fixed ticket price.
A start pot is deposited in the pool by the team.
Part of the price of the tickets is returned to the pot, which therefore grows to each additional gambler.
Winnings are awarded to the person (or those) who will have the right prognosis for all games.

i.e. : MultiJackpot on 7 soccer games.
Start pot: 20 BNB
Ticket price: 2 BNB
Pot payout ratio: 80%

If there are 50 players, the winner or winners will share 100 BNB.
If there are 100 players, the good prognosticators will share 180 BNB
…

The more you play, the higher the odds of a winning prognosis!

The more Gamblers we are, the more we win!

Cancellation of a bet

Once the bet is sent, the bet is considered valid. The bet cannot be recovered. Only possible winnings will be won at the end of the game.

If the match is cancelled or postponed, the bets are cancelled and all bets are refunded directly on the betting wallet.

For a challenge all participants must be prevented from playing to cancel the bet and have it reimbursed.

For the Multijackpot, if a match is cancelled it is considered as a winner.

Tokenomics

The protocol token is $GAMBLER.
It will be rolled out gradually and will serve as an incentive, governance and the redistribution of costs generated by the protocol.
Its supply is 20,000 tokens.

The supply will be distributed as follows:
-30% for the incentive
-30% for sale in pool $GAMBLER/$BNB on a decentralized exchange of the BSC.
-10% for bounty reward and as security reserve
-30% for the team. These tokens will be locked for 6 months.

The Protocol Fee Reallocation will be as follows:
-5% of the costs generated by the protocol will be donated to the holders of $GAMBLER who stake their tokens
-15% will be reserved for buy-back to support the $GAMBLER price
-finally the remaining 80% will be for the operating costs of the protocol (gas, incentive, staff compensation)

All these distributions will be subject to change by a community vote.

Have fun.
And don’t forget: Life is a Gamble!