PvP vs the House
What sets Bet Lounge apart from casinos or other online gambling websites?
A major problem in many casinos and online gambling is that the house will always have the edge against the players. It is always player vs house vs player; the house always will try any tactic to win and rig the game in their favor.
Let's take Poker for example, Casinos generate revenue from poker by levying nominal fees for hosting games, extracting a portion of each pot in cash games, and collecting tournament entry fees. In poker, players face off against each other, thus the house lacks a direct stake in the results. However, various other poker-style games exist where the casino holds a clear advantage, particularly those where players compete against the house instead of each other. With $BETZ it's completely P2P, and we don't take a % of the buy-in, extract a % from the pots, or anything of that nature. The gameplay is fully free; we only take a small service fee of 5% on payouts.
The Bet lounge Bot is a purely PvP experience, meaning that there is absolutely no house involved, making it a fully decentralized way to play and keep the fun within your own private community. No longer will you have to rely on centralized institutions to organize online and play amongst your friends; it is now possible to do it all on Telegram within your own groups.
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