Introducing Betting V1

Betting V1 brings users lower gas fees and higher winning opportunities.!

    Differences between Betting V1 and Betting V0:

  1. Use Stablecoins for Betting :

    Unlike the 'Betting V0' version, which requires the use of ERC20 tokens such as wbtc, with, wbnb, etc., 'Betting V1' supports widely used stablecoins such as USDT, USDC, BUSD, and DAI for betting. In addition to reducing the gas cost of swapping tokens before betting, the greater liquidity and larger user base of stablecoins have also expanded the user community of BBetter Betting.

  2. Support for More Betting Options (Betting Token Pairs) :

    Compared to the 5 betting options supported by 'Betting V0', 'Betting V1' supports up to 17 betting options. .

  3. More Options for 'Re-bet' :

    'Betting V1' inherits the popular re-bet feature (allowing non-winning users to re-bet) from 'Betting V0'. However, due to the large number of betting tokens in 'Betting V0', users must select the same token prediction activity when re-bet, reducing the flexibility of re-bet. Due to the use of stablecoins as betting tokens in 'Betting V1', when users need to use the re-bet feature, there will be more prediction activities using the same token available for re-bet! .

  4. Features Betting V1 Betting V0
    Betting Tokens Highly Liquidity stablecoins Less Liquidity ERC20 tokens
    Betting Token Pair Options 17 pairs 5 pairs
    Re-bet Flexibility Higher Lower

    How to Use BBETTER:

    『 BBETTER is a cryptocurrency hedging tool. We recommend using a small amount of betting funds to bet on a decline. In the event of a cryptocurrency downturn, winning the bet helps offset losses. Conversely, if you bet on an increase and the cryptocurrency rises, winning the bet allows users to profit at minimal cost. 』

    Why Choose BBETTER?

  1. Trust and Transparency :

    BBETTER operates through a certified and transparent smart contract system, ensuring equitable participation in price prediction activities. Each step is fairly recorded on the blockchain, ensuring global verification and enhancing your confidence in participation.

  2. Equitable Outcomes :

    Our DApp leverages trusted third-party Oracles to retrieve real-world cryptocurrency price data. This data integrity ensures fairness and precision, effectively shielding your participation from any tampering .

  3. Minimal Risk Engagement :

    In the event of no winners in the 'Price Prediction' activity, participants have the opportunity to engage in a new round. This approach reduces risk while simultaneously increasing your participation returns. .

  4. Enhance the Likelihood of Successful Predictions :

    Capitalizing on the volatile nature of cryptocurrency prices, our DApp permits a '±3 percent prediction range' for each forecast. This expanded range heightens your potential for successful predictions .

  5. Instant Settlement :

    As our DApp is fully decentralized, settlements are faster and more impartial. Our decentralized system ensures that when a 'Price Prediction' activity concludes, winners can immediately withdraw their winnings or use them to participate in new prediction activities .

  6. Profit Distribution :

    In BBETTER, you can create your own 'Price Prediction' activities and invite others to participate. In this process, earnings from fees are fairly shared with the activity creators (50 percent of the total fees) .

    Functionality Overview :

  • Connect Wallet :

    BBETTER represents a decentralized 'Cryptocurrency Prediction' activity system where all data is stored on-chain. Participants are required to 'Connect Wallet' before initiating or join any activities.

  • Metamask is recommended for better user experience
      Steps to Connect Wallet :
    1. Click 'Connect Wallet Button'
    2. Select Connecting Account and Click Next Button on Wallet
    3. Click Connect Button on Wallet
  • Initiate a New Price Prediction Activity (CreateBetting) :

    As mentioned above, in our DApp, you can easily create new 'Cryptocurrency Price Prediction' activities. These activities are based on the cryptocurrency of your choice and are open for participation by anyone to predict the cryptocurrency price at the specified end time point. This feature allows you to host your own prediction events, invite others to join, and fairly share fee profits through smart Contracts.

    1. Steps to Create Betting :
    2. Select Predicting Token
    3. Specify Predicting Date
    4. Click Create Betting Button
    5. Click 'Confirm Button' on Wallet
  • Participate in Price Prediction activity (CreateBet) :

    When a 'Price Prediction' activity begins, you can participate by making predictions on the selected activity, predicting the price of specific assets, and placing corresponding bets. This feature allows your involvement in 'Price Prediction' activities, giving you the opportunity to fairly earn rewards for accurate predictions.

  • ·
      Steps to 'Create Bet' :
    1. Click 'Bet this Betting Button'
    2. Input Predicting Price
    3. Input Bet Amount
    4. Click 'Create Bet Button'
    5. Input Spending Cap
    6. Click 'Next Button' for Token Spending Approval on Wallet
    7. Click 'Approve Button' for Token Spending Approval on Wallet
    8. Click 'Confirm Button' after Token Spending Approval on Wallet
  • Close Price Prediction activity (CloseBetting) :

    When the end time of a 'Price Prediction' activity is reached, all participants in that activity can use this feature to conclude the activity. Our DApp utilizes cryptocurrency price data provided by third-party Oracles through smart contracts to determine the outcome of the activity, ensuring fairness and transparency.

    1. Steps to Close activity (for Betting Creater) :
    2. Click 'Close Betting Button' on Betting Section
      Steps to Close activity (for Bet Creater) :
    1. Click 'Close Betting Button' on Bet Section (for Bet Creater)
    2. Click 'Confirm Button' on Wallet
  • Claim Rewards (WinningClaims) :

    If your prediction falls within the ±3 percent range, you can use this feature to claim your rewards. Executed through decentralized smart contracts, this process automatically distributes rewards without the need for third-party intervention .

    1. Steps to Claim Winning :
    2. Click 'Claims Winning Button' on Bet Section
    3. Click 'Confirm Button' on Wallet
  • Re-engage in Price Prediction activity (ReBet) :

    Whether you win rewards or a activity has no winners, you can transfer your betting amount to other open activity. This feature allows you to participate in new 'Price Prediction Betting' activity for increased returns and prediction success chances .

    1. Steps to Re Bet (This Betting Had Winner) :
    2. Click 'Re Bet Button' on Bet Section
      Steps to Re Bet (This Betting Did Not Have Winner) :
    1. Click 'Re Bet Button' on Bet Section
    2. Input New Betting id (depends on which betting you want to bet for)
    3. Input Predicting Price
    4. Click 'Re Bet Button'
    5. Click 'Confirm Button' on Wallet

    The Three Guarantees of BBETTER:

  1. BBETTER is a decentralized price prediction platform where all betting funds remain within a smart contract. The code of this contract is open and audited, allowing anyone to scrutinize it online. Apart from the bettors who win their predictions and can claim their winnings, no one else has the authority to withdraw the betting funds. This is the primary assurance of BBETTER's decentralized platform.

  2. When the predicted price falls within ±3 percent of the actual price, the smart contract determines the prediction as successful. In the event that multiple bettors have predictions within ±3 percent of the actual price, these bettors will share the prize pool. If no bettor's prediction falls within ±3 percent of the actual price, the betting amount is not confiscated; instead, it allows bettors to re-bet on the next price prediction. Through this mechanism, unless someone wins a prize, the unclaimed funds of each bettor can be reinvested. This constitutes the second guarantee of BBETTER's decentralized betting platform.

  3. The mechanism for determining result involves integrating with the world's largest third-party blockchain data company, Chainlink, to fetch actual prices. The data is fair and objective, immune to human interference, and no one can alter the betting results. This constitutes the third guarantee of BBETTER's decentralized platform.

BBetter Betting offers a fresh experience in 'Price Prediction' activities, ensuring the security of your assets and fair outcomes. We are committed to providing a transparent platform that allows you to increase profits and engage in risk hedging through 'Price Prediction' activities in the world of cryptocurrencies.

Contact BBETTER