Gamers can onboard their money in the form of US Digital Currency in a number of ways such as: credit card, paypal, apple pay, ACH (bank account linking supported in 80+ countries) or directly transferring USDC to the players wallet.  Cashing out is accomplished via the same methods.  Onboarding and cashout functions are instant.  Non US credit card and payment types are supported.  Local currencies are converted at standard exchange rates.

Gamers.bet does not currently have any direct competition.  There are third party betting sites that allow gamers to place bets on gameplay, but this is done outside of the game and is fraught with problems.  Game results are often not recorded properly by the third party site as scraping data is highly unreliable and unsecure.  Game developers do not benefit monetarily from these sites and game developers cannot control or create the type of gameplay used for betting.  Gamer developers utilize the Gamers.bet tech stack to implement betting game modes natively in-game, eliminating all the problems associated with third party betting sites.  Gamers.bet has secure and reliable data integrity as game results come directly from the game server, eliminating potential hacks as players cannot access the data transfer.  Gamers.bet pays the game developer in real time and puts all the control in their hands as to how they want to create and feature betting game modes.  Some of this process is covered in our patent.

Games are highly motivated to find new revenue and carve out market share in a crowded space.  Gamers.bet allows games to meet a growing market demand for video game betting that they currently cannot meet, generate significant revenue, and create more immersive gameplay that increases game appeal to buyers, all at the same time.  Gamers.bet is a “no downside” value proposition to games.  Betting game modes are featured in-game, in addition to the current game.  This means the current game does not change, their player base simply get additional game modes to play if they choose to.  Games can also choose what platforms they wish to make the betting enabled version available on if they wish to leave certain distribution points undisturbed.  Gamers.bet features a game store that supports PC, Mac, Android & IOS (IOS in Europe) providing games developers and publishers an initial distribution outlet they can use before updating their games on other platforms in early adoption days.

Gamers under 18 represent approximately 20% of the market.  Before a gamer can access betting game modes in a game, the player must first link their gamers.bet account in the game.   For a player to have a gamers.bet account, they need to complete the KYC (know your client) process on the gamers.bet platform.  The KYC process adheres to international banking standards for identification, asking the gamer to submit government issued ID along with a live selfie that matches the photo on the ID.  Only once a gamer is verified can they then onboard money and link their accounts in a game to play betting game modes.

A gamer only needs to onboard money in their Gamers.bet account.  When a gamer links their Gamers.bet account in a participating game, their balance will then be displayed in the game and able to be used for betting based gameplay.  The balance a gamer has in their Gamers.bet account is usable in all participating games and receives the winnings from all participating games as well.

Gamers.bet is not a custodian of any participants' money.  When a gamer onboards their money to US Digital Currency on Gamers.bet, that money resides in the gamers wallet under their control at all times.  Gamers.bet does not utilize a central ledger system like most other betting sites.  The only time a gamer is not in control of their money is when they are playing a game they have bet on.  The wagered amount then sits in an event wallet created specifically for that game that holds the bets placed by each participating player.   When the game concludes, the winners are paid out immediately (including the game itself and Gamers.bet).  The event wallet is governed by validated game results, or if there is an error in the game and no results come, all players are refunded with no fees charged.  At no time does Gamers.bet hold or control gamers money that has been onboarded to the platform.  If millions of gamers onboard and cashout all at the same time, it makes no difference.  This process is made possible by the use of blockchain by Gamers.bet and is covered in our patent.