Blockchain provides Cloudbet players the fairest odds in soccer. Cloudbet is using the return of the English Premier League to demonstrate how blockchain technology aims to provide fairer pricing for consumers and maximize their winnings.
It recently announced that for each remaining game in the EPL season, it would charge no commission on pre-match bets for 1000 players, allowing them to access the best odds, and therefore the highest returns on the market.
Leading up to the Arsenal-Manchester City clash on June 17, Cloudbet had odds of 8.77 for a Gunners victory and 1.39 for a City win, compared to the average of 8.36 and 1.36, respectively, of five sportsbooks compiled by Bitedge.com. Cloudbet priced a draw at 5.88, compared with the book average of 5.74.
“Ultimately, we’re aiming to make sports more engaging for our players and what better way to supercharge the experience than by offering the best prices that are mathematically possible,” a Cloudbet spokesman said. “The primary reason that we can do that is because of blockchain.”
The opportunity to have fairer pricing is yet another example of the blockchain’s empowering and democratising features for the gaming industry. In addition to the faster transaction times, secure fund storage and privacy protection, the technology offers players another clear benefit.
[image: Waldemar Brandt]