In addition, the application of advanced technologies such as blockchain in online betting offers a great opportunity to solve the problem of security and transparency. Blockchain helps bookmakers create an immutable and public system of transactions, odds, and betting results, thereby ensuring that every player can trust the fairness of the games. At the same time, blockchain also helps to minimize the risk of fraud and money laundering, one of the major challenges of the online betting industry.
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what is betIn addition, the application of advanced technologies such as blockchain in online betting offers a great opportunity to solve the problem of security and transparency. Blockchain helps bookmakers create an immutable and public system of transactions, odds, and betting results, thereby ensuring that every player can trust the fairness of the games. At the same time, blockchain also helps to minimize the risk of fraud and money laundering, one of the major challenges of the online betting industry.