In traditional betting channels, players bet against bookmakers. But in Web3 Bets, players bet against other players transparently on the blockchain. The implication is that “the bank can never be broken”, there can never be a situation where a player wins and does not get his full reward.
Our applications are still under development!
PariBet Games are decentralized parimutuel/pool betting applications built on the blockchain. A player bets on a specific outcome out of two or more outcomes. All bets of the same side are collected together and placed as a pool. At the end of the event, if the outcome is determined, all the staked values are distributed to the players in the winning pool on a pro rata basis.Play
Fixed-Odds Games are fixed-odds betting applications. A kind of decentralized betting exchange, where players wagers against odds offered by other players and not by a bookmaker. Any player can lay a bet (that is back an event not to happen), and set the odds (decimal odds), and any other player can bet against it.Play
Why Web3 Bets?
We utilize Blockchain technology to provide solutions to challenges that bet players face on traditional betting channels.