Crybeto WhitePaper
  • About Crybeto
  • 🚩Crybeto’s Key Innovations
    • Single bet payouts based on blockchain technology
    • Full Transparency
    • Zero house fees
  • Crybeto’s Economic Model
  • Crybeto Function
    • Live Dealer Streaming Games
    • Staking Dividends
    • Betting and Mining
    • Banker Pool
  • Platform Token: CBO
    • About CBO
    • 📈The Bull Case for CBO
    • Bet to Earn
    • Trading
    • Dividends
    • Token Burning
    • Airdrops
    • Consumer Use Cases
  • Global Presence
  • Road Map
  • Contact Us & Business Collaboration
    • Official website
    • Twitter
    • Telegram
    • Instagram
    • Discord
    • YouTube
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On this page
  • Why do players lose so much on conventional betting platforms?
  • On Crybeto, bookmakers and players are users of the platform
  1. Crybeto’s Key Innovations

Zero house fees

To completely solve the problem of conflict of interest between referee and player, direct involvement in betting with users, as well as taking too much from the user base. No house fees on Crybeto

PreviousFull TransparencyNextCrybeto’s Economic Model

Last updated 2 years ago

Why do players lose so much on conventional betting platforms?

  1. On traditional platforms, the platform is both a rule maker and a bookmaker.

The platform is both the referee and the player, all the rules are based on the banker in development, so the players are always at a disadvantage.

2. The platform charges too much, further strengthening the position of the dealer.

In traditional gambling platforms, draws are too high and too opaque, so players unknowingly are given the bitter end of the stick.

On Crybeto, bookmakers and players are users of the platform

The platform does not participate in betting with users, funds are exchanged directly between the bookmakers and players are directly settled on-chain. The platform uses blockchain technology to ensure the safety of user funds.

Crybeto only takes a small number of fees between each transaction for platform operations and payment of blockchain miner fees, the proceeds are all returned to the users.

Crybeto will become a completely open online gaming platform. Customer revenue on the crybeto platform is predicted to be the highest in the industry.

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