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The Future of Betting Part II

4 August, 2021
El futuro de las casas de apuestas II

What is the Future of Betting Part II? Will the betting house market grow or is it doomed? Why are there so many limitations? What are governments afraid of? And most importantly, are they reliable?

What is the blockchain?

Before entering the exciting world of blockchain, it is necessary to define the concept. Actually the blockchain is a term that was created thirty years ago, although its popularity has arrived in recent years. Why has it become popular now and not before? The reason is simple, currently transactions are fast and cheap. Fact that has allowed the use of the blockchain to carry out commercial transactions.

Blockchain «is a Bitcoin block exploration service, as well as a cryptocurrency wallet and a cryptocurrency exchange that supports Bitcoin, Bitcoin Cash and Ethereum. They also provide graphs of Bitcoin data, statistics and market information.

Polymarket

In today’s article, Francisco J. focuses on Polymarket. What is Polymarket and why is it necessary to know it if you are interested in the future of betting II? According to its website, Polymarket “is a graphical user interface to visualize data and market trends of the activity in the chain and interact with said smart contracts directly through its wallet enabled for Web 3”.

It is necessary to emphasize that Polymarket is an informative website whose objective is to inform the user of market trends. The regulation is less restrictive than that of the bookmakers.

As we always say in The Magazine Sport, before starting any new discipline, it is necessary to learn how it works and have enough knowledge to act realistically and above all with solid tools.

Learn about the world of gambling in our Academy section or on YouTube. At The Magazine Sport we are committed to responsible gaming. No responsability, no play.

The Future of Betting Part II

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