Future of Blockchain in Gambling Space Explored in ASEAN Gaming Summit 2019
March 20, 2019
What is Blockchain? What are its benefits? Who uses it? Day 2 of ASEAN Gaming Summit 2019 puts blockchain's role in the gaming space in the spotlight.
The crypto betting market continues to grow along the years, making it difficult to find an online casino with unique deals under its belt. One such betting site is BetMoose. This Bitcoin gaming site allows players to wager on prediction markets. This innovative approach to online betting earned BetMoose good user ratings and positive impression from numerous reviews about online casinos.
Instead of providing entertainment through casino games or sportsbook, this gaming hub lets you have fun by betting on just about anything. Here, you can wager on what you think will happen in an awards event or on who will win in this year’s Oscars. To keep the fun rolling, you can even host your own bet. Sounds exciting? Know more about the features this betting site offer as you read through this review.
There are no rewards similar to Bitcoin casino bonuses waiting for you on BetMoose. However, this betting portal offers you a few ways to earn bitcoins so that you can bet on more outcomes.
One way you can add more money to your player account is by inviting your friends to sign up with BetMoose. This gaming hub will give you a 20% revenue share for every person who signs up through your referral link. And since players do not need to create an account to make a wager, you can also earn when your referrals make anonymous bets.
The easiest way to make money on BetMoose is by hosting a bet. Simply make a prediction, decide which betting option to use, and set a deadline for the wagering period. Once your prediction is up on the betting site, you just have to wait for the bets to come in and for the wagering period to end.
When the wagering ends and your hosted bet is resolved, BetMoose will pay you a commission from the 3% of the winning bets. Meanwhile, your commission rate will depend on your level in the gaming hub. Here are the levels and their respective rates from the winning stakes:
Take note that your level increases as you host more bets. To become a Level 5 member, you must have hosted five or more resolved bets with a cumulative wager pool of over 100 BTC.
Another feature of BetMoose is the Hall of Fame, which is a leaderboard of players who have made the most number of winning bets. While this section will not give you any rewards, it does give you bragging rights.
The deals the betting site offers do not require you to meet wagering requirements or to make a required deposit to earn bitcoins. Still, BetMoose lacks welcome gifts or deposit bonuses that encourage more bettors to join.
|Minimum Deposit||0.0001 BTC|
|Minimum Withdrawal||0.005 BTC|
Affiliate Name: BetMoose
BetMoose focuses only on prediction betting, so do not expect to see Bitcoin slots, card games, sports matches, or any titles from top names. This betting hub allows you to bet on almost anything, including entertainment, politics, and stocks. In addition, BetMoose allows anonymous betting, so you do not need an account to make a wager.
BetMoose may offer only prediction betting, but it does so simply and interestingly. Still, you might forget about this betting site after you have made a wager. While waiting for the outcome of the bet, you will not find anything else to do in this gaming portal. Since the bets will be resolved after a few weeks or months, you will not find a motivation to log in every day to play, except when you want to bet on other events.
Bitcoin is the only mode of payment available on this betting site. All you need to transact with BetMoose a trustworthy crypto wallet, like Xapo. Then, buy your coins on reliable exchanges like Coinbase. If you are all set, know that there are required deposits and withdrawal amounts in this gaming hub. Know more below:
Your deposits will be approved if you send at least 0.0001 BTC to your account. To deposit, just send your bitcoins to a unique wallet address. Once you have topped up your account, the money will reflect in your player funds instantly. There are no maximum deposit and withdrawal amounts, but BetMoose will deduct 3% from the winning wagers as commission to the host of the bet.
Cash outs in BetMoose are just as fast as depositing. Your withdrawal request will be processed only if you cash out 0.005 BTC or more. To do so, simply enter your preferred amount, confirm your wallet address, and wait to receive your winnings. BetMoose assures that it processes payouts quickly so that you can enjoy your money right away.
BetMoose is definitely not your typical betting site. Instead of offering wagers on sports events or Bitcoin casino games, the gaming hub allows you to place bets on the most random and sometimes controversial topics. There are so many possibilities to bet on, which gives you excitement to wager on almost anything.
On the other hand, the brand does not offer many features. The Bitcoin transactions are efficient, but since other popular casino payment method, like Visa or Mastercard, are out of the picture, fiat users will need to convert their money to crypto first. Meanwhile, there are no bonuses to be excited about other than the host commissions and the referral program.
After placing a bet, you will have nothing else to do while waiting for the results of the prediction, unless you want to check out other betting propositions onsite. So if you want to try your luck on player-favorite casino games, you are better off signing up on the top Bitcoin casinos in the online gaming scene.
In spite of these issues, BetMoose manages to provide a basic look of how prediction markets work. This betting site will definitely cater to players who want to try prediction markets with minimal risk.