Wagerr is a private, permissionless, blockchain-based betting App. This sportsbook provides users with a transparent and secure manner to place bets on a wide variety of sports globally. This global exposure has helped the platform to achieve rapid growth. Notably, Wagerr users have placed over half a million bets with their Decentralized Web Sportsbook network paying out over $25 million dollars and $10+ million in rewards.
Benefits of Wagerr
The developers behind Wagerr sought to create a user friendly, full-spectrum betting Dapp that could compete with the top centralized platforms in the market today. To accomplish this task, they leverage the efficiency, security, and trackability of a purpose-built blockchain.
Private and secure
Wagerr demonstrates the benefits of decentralization via its privacy protocols. Anyone can place anonymous bets using this network. All transactions are secured by the Wagerr blockchain and allows all users’ money to remain in their control at all times creating an incredibly safe environment for bettors to access a betting platform privately.
No Limits
Wagerr does not restrict or limit players via a revolutionary model where the blockchain is the counterparty to all bets. On Wagerr you can bet as high as you like with no maximum. This feature is a world first and provides whales, professionals, even bookmakers an outlet to place large bets without risk of payout.
Globally
Another huge advantage of Wager is its global approach to the market. The network was built from the ground up to allow you to "bet without borders.” Best of all, the pots are higher when you have an international client base.
Transparent
Wagerr provides a level of transparency that would be impossible for a centralized network to match. The entire platform is fully autonomous. Secure smart contracts handle the automated payouts, and each bet is verified with cryptographic security. Additionally, all transactions get recorded on the public ledger. This approach gives users the advantage of guaranteed payouts free of human interaction.
Selection
Wagerr includes an excellent selection of sports and bet types. Specifically, you can take positions on Soccer, football, basketball, ice hockey, MMA, golf, tennis, eSports, baseball, and rugby. Wagerr has recently also introduced Parlays on their platform, allowing the combination of multiple bets in the one. The Developers intent to continue to improve the range and variety of games to appeal to a broader market.
Sharp Odds
Wagerr’s purpose-built blockchain allows the network to charge incredibly low margins to sustain itself because the Wagerr blockchain is not a company and does not require profit. The platform’s odds compete with the top centralized sportsbooks in the world. This means bettors gain a bigger edge and winning bettors.
Oracles
Oracles are critical to the functioning of the betting blockchain by supplying sporting event data to the network to which winning and losing bets are verified. Uniquely, you can run a Wagerr Oracle and earn rewards for your efforts. Impressively, the network distributes a portion of all winning bets to the Oracles. You can think of running an oracle like owning a digital sportsbook. Notably, the more betting action there is, the larger the Oracle rewards. There are currently 2900+ oracles that provide 500,000+ updates to the network.
WGR
WGR is the native utility token of the network. This flexible token is what you use when you place bets. It’s also what your rewards are paid out in. The token is designed to integrate seamlessly within the network and provide users with more usability and convenience when compared to centralized sportsbooks.
Deflationary
The Wagerr chain systematically destroys half of all the betting fees, which removes WGR coins from the total supply. This deflationary mechanism creates scarcity of the WGR coin as betting volumes increases, in effect the house edge is returned to the holders of the WGR coin.
How to Use Wagerr
Simplicity is one of the pillars of Wagerr. The developers wanted to make sure anyone could navigate and use this platform without prior experience. The registration process is easy and doesn’t require you to provide any official documentation. Simply visit wagerr.com/sportsbook and create an account in 3 clicks!
Wagerr - Make Bets Globally and Win Big
Wagger provides users with a ton of features not found anywhere else in the market. Users are sure to appreciate anonymous bets. Plus, the ability to track your bets and payments via the blockchain is crucial to anyone seeking full transparency from their sportsbook. For these reasons, Wagerr has the potential to shake things up in the coming weeks as the platform continues to gain momentum.
