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The betting business has a huge potential for the implementation of the blockchain and smart contract technology and many companies are doing their best to tap that potential. Some of them are successful in this, some are not, and some are somewhere in between, still struggling to make a name for themselves. And now we bring you five best blockchain projects we believe will disrupt the betting industry or are already doing it.

1. BlitzPredict (XBP)

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BlitzPredict is a smart contract-based global prediction platform and is one of the best such platforms around, providing an ecosystem for time-stamped predictions against true market odds, thus creating a verifiable public record made possible by the blockchain technology. It is a betting marketplace, where users can interact and gain access to a working product and services including BlitzPay which, among other things, allows automatic placement of bets on prediction markets and sportsbooks.

The platform is powered by the XBP coin, an ERC-20 compliant token which is listed on several exchanges. Additionally, the platform provides a blogging function. Considering that their platform is already up and running, has a long list of functions which can be tested right now, we trust BlitzPredict is here to stay.

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2. Wagerr (WGR)

Wagerr is a platform that uses blockchain technology for the execution of betting contracts. Operating on its own blockchain, Wagerr is a self-regulating and decentralized sportsbook that enables stakes escrow, verification of results, and winner payouts. Its mission is to eliminate third parties from the betting industry, cutting the unnecessarily high fees and risks of corruption that plague the business.

The team is working hard on the development of the entire ecosystem and has recently announced many wonderful features we can look forward to, such as the Modern Wagerr Wallet that uses standard HTML5 technology, advanced betting categories, games, and more.

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3. Bethereum (BETHER)

Bethereum is a blockchain-based platform that aims to become a better alternative to the traditional betting platforms. It provides a standard betting platform powered by the digital ERC-223 token, but also innovative features such as eSports, fantasy sports, and casino-type games, all accompanied by an added layer of security and transparency.

The team has already brought great results, among them being one of the finalists in the 2018 ICO Race, participated by more than 150 projects. Not only that, but Bethereum also ranked third at Malta’s d10e Conference pitch contest. The platform demo is already available for testing and its social media user base is immense, so we predict (no pun intended) a bright future for it, should it keep up with the good work.

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4. Marginless (MRS)

Marginless is a social betting platform that allows its users to create, share, and place bets directly against each other using their unique Face to Face interface, all this without the danger of any hidden charges and fees. Operating exclusively on MRS utility tokens, Marginless allows you to bet on almost any sport or other activity. They claim to offer the lowest commissions in the industry ranging from 0 to 1%.

If they manage to survive the harsh competitive climate that marks the betting business, we see no reason why Marginless should not be one of the top blockchain projects that will disrupt the industry.

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5. DecentBet (DBET)

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DecentBet is a well-rounded sports betting and online casino platform powered by VeChain and DBET token. The token is used for all transactions on the platform, including purchasing DBET house credits, gambling transactions, buying lottery tickets, etc. therefore offering true utility.

Providing you with a transparent betting mechanism and a wide range of gambling games like roulette, slot machines, and craps, DecentBet has been around for quite a while and has a state-of-the-art betting and gaming platform which will be available any day now. The DBET wallet is already available for download for Windows, Mac, and Linux, and we cannot wait to see the ecosystem going fully functional.

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By Sead Fadilpasic

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