I'm a noob.

Are token and coin interchangeable words?

If not, whats the difference?

It will show you predictions from expert handicappers and then find the sportsbook with the best odds for you to make the bet.

so, basically what someone said above ?

Kayak for sportsbook ?

?

so, its just a list of places where you can bet? how does that crypto come in to that? I really think that you need to make that message clearer if you want people to get interested in it

Was the name Ultimate Book taken?

How can someone be an investor? if not too late

Oh you.

I have a roi of 56% over 2 weeks at nfl spreads

Can I be a expert? I already have a following of my mate gary and he said he would yell his freinds so I think I could be of value.. Pm me asap....

Ultimate bink

Is the reserve amount transparent?

It seems the BlitzPredict network is assuming a lot of execution risk due to the instant payouts. What happens when the underlying book defaults on its obligations? How do you avoid a massive loss of liquidity if there's a cascade of such defaults?

Is each vendor escrow publicly visible?

Users will wager primarily with BPZ, yet these tokens have no secondary market. What's the incentive to put in the effort to win BPZ tokens?

I love Jamie’s face here.

Anytime someone says their startup is "the X of Y", it does not bode well for them

Is this business going to use a crytpo currency ? other than the token?

The reserve amount will be transparent. Books will be rated due to payment speeds and risk of default. So users could get immediate payouts from Pinnacle (or other reputable books) at ~98-99 cents on the dollar, whereas a Carribean book may pay 90-95 cents on the dollar. Books will also be individually capped on outstanding obligations, so a less reputable book could only cost ~1% of the liquidity reserve if they default.

In terms of a cascade on obligations, we will never allow the outstanding obligations to exceed the value of the liquidity reserve. If 100% of the liquidity reserve is covering outstanding debts, then BlitzPay cannot be activated. Growing the liquidity reserve from our own revenue is one of our primary focuses and we will also allow users to add to the liquidity reserve in exchange for a portion of fees.

Everything that can be publicly visible will be - we will show exactly what is in the liquidity reserve at all times.

We are implementing a Bancor Token Relay immediately after the sale, where users will be able to swap BPZ for BNT and vice versa. BNT can be traded for most any ERC20 token, including ETH. We can't comment on exchanges but we are aware of the public demand.

Yes, users will be able to wager in whatever currency they want - whether ETH, BTC, USD, or beyond. Our goal is to make BPZ the most attractive token to use on our platform.

yup, you and absolutely everyone else in this new frontier

I predict within 12 months the number of individual tokens/coins in all markets to be ~5,000.

I further predict that within 12 months after that , the number that make it and would still be in use will be in the 100's.

50:1 shot me thinks. But the payout could 1,000:1 on invested dollars.

easy bet.

good luck.

do you bet through the blitzpredict or sportsbook's interface? if the latter, how do you ensure i made the bet i did? how do you ensure the sportsbook pays you?

That will depend on each relationship. Our ideal scenario is allowing users to bet through our platform using an oAuth token (simiar to facebook login, where they can log into their account at the sportsbook without leaving our page). However, due to regulatory and other issues, there will be certain sportsbooks that require users to head to their own page or app.

In terms of ensuring the sportsbook pays us, again that will depend on each partner. We are developing our own plugin so sportsbooks can easily integrate with BlitzPredict. There is a precedent for transferring betting tickets - PropSwap is a US company that allows users to sell paper sports betting tickets across state lines. There are a lot of cool things we want to do but it is imperative to stay compliant in each jurisdiction we operate in.

Seems like quite a good idea in theory.

But the fact PH is an equity partner and hasn't been transparent, at all, about the whole UB thing and is close friends with known scammers (Russ Hamilton etc & wasn't there a recent vid he was vouching for someone who is a known scammer or something - I could be wrong here) makes me distrust anything he's involved with fwiw.

Real lol at people saying "very interesting project." What is *remotely* interesting about this? I'm guessing this is the first ICO or token sale you've come across if this is interesting. The "problem" is small in scope and frankly not important at all. Your "solution" is dubious and late to market. There are functioning products already doing what you're looking to do, presumably with better products (OddsShark, Trademate Sports) that don't involve the self promoting, cheat enabling cancer that is Philadelphia Hellmuth. Like, you guys want to be an affiliate site? For sports betting? In 2018? Oh wait it gets better because you want to take on massive counterparty risk to process sportsbook cashouts for 2% vig!

The token use cases are even more lolworthy. When you say "staking" are you referring to a proof of stake algorithm (guessing no because it woudn't work or make any sense) or users lending money to your liquidity pool for interest? The two aren't the same, even though I think you're trying to make it seem like they are. I digress.

So you're going to show up with your crowdsourced token money and provide cashouts from third party books for vig? So you're middling books cashouts. A tokenized middleman? Taking on giant amounts of risk (with crowdsourced money) for 2%? Do you also have a sick betting bot that guarantees 1% a day? Do you think you know their security, fraud, AML, KYC, etc, (MOST OF THEIR ENTIRE BUSINESS MODEL when you really think about it?), better than they do? Lmao.

Oh and we haven't even talked about ole Philly boy yet. That's a whole different conversation.

Sorry, but this looks to be a complete cash grab. I don't blame you for trying to cash in on the ico / token sale ****show, but this is pretty god damn awful when you really think about it.

So, about the blockchain aspect of it. PoW or PoS? How much premine?

Of course you will. But how will users acquire these tokens? Oh right, buying them for actual money from your massive premine supply.

I'd pass this thing harder than Uncle Rico back in 82. Would really love for Haralabos to come in and drop some wisdom.

https://twitter.com/phil_hellmuth/st...43517207740417

Or is he teaming up with Decent.Bet? I know they launch in a month. If Hellmuth is getting in on this it will definitely blow up. It's a fantastic business model and it's one of the few cryptos where the token has a genuine purpose. Might have to purchase me a few more DBETs!

You would be a complete fool to think there is any added credibility for something because Phil Hellmuth is promoting the product. His history with UB shows he will promote anything as long as he's getting a check and he doesn't care if all the customers get their $ stolen from them.

Using a crypto currency for a gambling site is actually a great way to implement the tech side of crypto to ensure that funds are secure. Of course, all of this depends on some really complicated programming on said technical side. Any weakness at all, and the whole site and everyones money can disappear overnight.

Honey, where do these kids come from?!? They can't even spell Poker!!!