Subscribe for notification
Categories: Bitcoin Casino News

Wagerr Brings Blockchain and Smart Contracts to the Betting Industry


Blockchain Betting

The gambling sector is worth over $40 billion globally and it continues to grow each year. The reason for the growth is the ease in which bettors can place bets can dramatically improved over the last few years. Now with the help of the Blockchain the industry is undergoing its biggest changes yet.


It will help improve the sector by adding a level of trust and fair play that we have never experienced before.

Strictly 18+ Only. Bonus Terms and Conditions Apply. Gamble Responsible. Sponsored.

Using Cryptocurrency and Bitcoin helps to cut costs. It speed up payments and the Blockchain provides a transparent ledger. It gives players provably fair gambling for the first time.

One of the things that is slowing Blockchain Betting is the different regulations for cryptocurrency in all the different parts of the world. It is changing rapidly though and Japan has taken the lead in making changes to law. BTC and crypto are now a legal form of payment.

One of the solutions to this problem is start-up Wagerr (WGR). It is a brand new concept for sportsbook betting and completely decentralized. It uses the Blockchain to handle users bets by implementing smart contracts. These make sure that the validity and reliability of the betting is far superior to traditional online bookmakers.

It also allows for payouts to be automated which enable huge cost savings that are passed onto the punters. Using this format will mean that punters make more money. It also helps to streamline to betting process to an extent never seen before.

The fees charged by online sports betting companies are extremely high and can even be up to 10% or greater. The fees for betting can get to levels as great as 6%. It is used by many gambling companies to make extra profit from their punters.


Using smart betting contracts eliminates the middleman and the results of the games are instantly validated by the network.

Strictly 18+ Only. Bonus Terms and Conditions Apply. Gamble Responsible. Sponsored.

Blockchain betting at Wagerr work by stakes placed on games being held in an escrow account until the results. The smart contracts then validate the result and automatically payout to the punters that won.


The system stops any human error occurring as the information is validated from a number of data sources around the world.

It takes away all of hassle of dealing with a middle man. It is going to change the whole industry in the coming years. For more information about Wagerr click the link before from Cryptocoinsnews:

This is a sponsored story. The sports betting business is one that is built on trust: if regulations change and bettors are left without a payout, or if bad actors take advantage of those who just want to bet on their favorite teams, then the betting experience can […]

This post was last modified on December 16, 2021 1:55 am


I am the founder of Bitcoin Casino No Deposit Bonus and have been studying concurrency technology since 2013. I have been traveling South East Asia for the last 6 years and am a huge gaming fans that takes part in eSports competitions. I love relaxing on a evening watching the sun set with a cold beer and great music. I also teach other travelers how to become digital nomads so they can become free of the system.

View Comments

Published by

Recent Posts

  • Bitcoin Casino Bonus Code

Mansion Casino Bonus Codes – Coupons April 2021

InfoMansion CasinoMansion Casino is owned by Mansion Europe Holdings Ltd Casinos and was established in…

5 days ago
  • Bitcoin Casino Bonus Code

Mansion Bet Free Bonus – Coupon Codes April 2021

Mansion Bet Signup Bonus 2021 MansionBet Casino offers newbies a great welcome package. The treatment…

1 month ago
  • Bitcoin Casino Bonus Code

Slots Heaven Casino Bonus Codes – Coupons April 2021

Slots Heaven Free Spins 2021 SlotsHeaven Casino offers newbies multiple bonuses; the welcome package starts…

1 month ago
  • Bitcoin Casino Bonus Code

Fair Dice Promos – Coupon Codes April 2021

Fair Dice Free Rolls Bonus FairDice Casino has disrupted the way gamers play Dice games…

1 month ago
  • Bitcoin Casino Bonus Code

KatsuBet Bonus Codes – Free Spins April 2021

KatsuBet Free Bonus Code Punters at KatsuBet Casino can unlock the welcome bonus offer. The…

1 month ago
  • Bitcoin Casino Bonus Code

Jumba Bet Bonus Codes – Free Spins April 2021

Jumba Bet No Deposit Bonus Bonus hunters will love this casino more so thanks to…

1 month ago

Gambling is restricted in the USA. Several states that include New Jersey and Pennsylvania allow online gambling to persons over 21 years. Land-based casinos are legal in most states. Know your limits when gambling and stay within your budget. If you have a problem with gambling make sure you ask for help. Copyright © Bitcoin Casino No Deposit Bonus 2020 - All Rights Reserved