UBET is a decentralized exchange that enables sports betting. UBET Sports is distinctive from traditional sports betting sites in the way that we approach sports betting as decentralized trading instead of gambling.
Our Vision 👁️ We want all sports and esports bettors around the world to benefit from our innovations. A great merit of UBET Sports is that we don’t have a centralized bookie! Anyone can become a “UBet bookie” by participating in the liquidity provision. Being a liquidity provider (“UBet bookie”) means that you are providing liquidity to the betting market.
Our Mission 🚀 Our objective is to enhance the existing classic sports betting business to a modern, cutting-edge, and worldwide scalable model from both business and technology innovation aspects. We view sports betting as another type of financial instrument that can be traded just like other derivatives. We envision sports betting to be fairly traded over the marketplace and digitized using smart contracts and stored in a public ledger.
Who are UBET users?
Bettors 💸
- Take advantage of your sports intelligence to bet on sporting events.
Liquidity Providers 🏦
- Earn passive yield by enabling bettors to trade easily.
- Bettors and liquidity providers (LPs) have different interests and expectations from the UBET platform. Together, it creates its own ecosystem that enables a sustainable sports prediction market and decentralized banking.