Gambl is a complete gaming platform that consolidates sportsbook, betting exchange, casino, lottery, and poker services into a single application using blockchain technology to bring fair and open gaming to a global market.
Increasing use of the system creates a deflationary economy as a result of the destruction of gaming profits. Its provably fair, safe, and secure gaming; deflationary economy and ability to service users on a global scale with industry-leading odds make Gambl one of a kind.
As a decentralized and open-source gaming network that rewards users in lieu of profit, Gambl is in essence a network by the people, of the people, and for the people.
Sports betting, along with gaming in general, is one of the oldest, largest, and fastest-growing industries in the world. The gaming marketplace only increases in size as it continues to be legalized in more regions.
Billions are gambled every year in the UK. Billions are gambled every year in the US, an area that is just beginning to legalize and expand the activity. Billions are gambled every year in Asia, where betting is mostly illegal yet manages to account for almost half of the world’s betting volume.
Betting is truly global and inherent in human nature. Bringing this global demand together with a product that is safe, secure, provably fair, and outside the control of a centralized operator is an obvious and lucrative, use case for blockchain technology. Gambl aims to turn this vision into a reality using a combination of cutting-edge technology and unparalleled industry experience.
Gambl provides a private, provably fair sportsbook accessible anywhere in the world. Users can always bet to their pleasure with safety and full possession of their own funds. Users face no personal bet limitations or restrictions, and all pay-outs are guaranteed. The sportsbook features all popular sporting events and bet types. Leading markets are offered at a 2.6% overround, creating -105 odds on an even event.
Gambl provides a private, provably fair betting exchange with industry-low fees. A bettor’s chances of winning are at their highest while using the Gambl betting exchange. The Gambl betting exchange provides guaranteed liquidity and aims to become the largest free market on sporting outcomes worldwide.
The Gambl platform allows for the implementation of fully automated casino games with industry-low margins resulting in an average 90% reduction in fees. As all Gambl code is open source, users can rest assured that the games they are playing are provably fair and payouts are guaranteed. Existing casino providers can be integrated into the Gambl blockchain network.
Gambl aims to create the world’s largest global lottery system with record-setting prize pools and no entry barrier. The lottery service can offer hourly, daily, weekly, and even yearly lotteries. The latter of which provides a unique value that cannot be offered elsewhere due to the deflationary nature of the Gambl blockchain. As supply decreases with use, and demand increases, the prize pool can grow in value and become even more enticing for users.
The Gambl team believes that poker is a core gaming service and should be treated as such, rather than a means to attract users before funneling them to casino products. Gambl aims to create a poker network that allows for many permutations of the game, with an emphasis on fairness and transparency. Gambl allows for a global player pool resulting in a much lower rake for players.