The Ideal Wagering Ecosystem

Work Process

BCI Smart Contract Platform and Smart Contract Wallet is designed for the following industries:

"BCI’S product offerings contain unique features that set it apart from competitors, both in the conventional and blockchain-based ecosystems."

Tradeable/Seperable Contracts

TRADITIONAL SPORTSBOOK

  • Bob bets $100 on the Lakers to potentially win $180

  • Bob’s wager is “stuck” Bob will end up with $0.00 or $180 depending on the outcome

  • Bob may sell the entirety of his wager to a broker for a third party

  • Bob receives market price for his wager at time of sale Buyer receives $0.00 or $180 depending on the outcome

BCI'S POWERED SPORTSBOOK

  • Bob bets $100 on the Lakers to potentially win $180

  • Bob’s can sell all or part of his wager prior to contract grading

  • Bob sells 40% of his entire wager in the market for $45 Bob keeps 60%

  • If the Lakers win, Bob receives $153 Buyer receives $72

Flexible Grading for Innovative Wager Types

TRADITIONAL SPORTSBOOK

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BCI'S POWERED SPORTSBOOK

  • Bob bets $100 on the Raptors. Floor Raptors lose by 10 (max loss). Ceiling Raptors win by 20.

  • Each point scored above the floor equals 1/30 of the grade

  • Raptors win by 1 Grading score is 11/30 x $200

  • Raptors win by 1. Bob collects $73. Bob lost $27.

Transferable Contracts that allow for "Social Wagering"

TRADITIONAL SPORTSBOOK

  • Bob bets $100 on the Lakers to potentially win $180

  • Bob’s wager is “stuck” Bob will end up with $0.00 or $180 depending on the outcome

BCI'S POWERED SPORTSBOOK

  • Bob bets $100 on the Lakers to potentially win $180

  • Bob’s can share his potential $180 win with friends who have a BlockChain Wallet or valid email address.

  • Bob can give: Bill - $30 of the potential win. Anne - $34.50 of the potential win. Charlie - $20.988 of the potential win.

  • If the Lakers win – Bob, Bill, Anne, and Charlie each win and the contract coins convert to Pebbles

Smart Contracts - Illustrative Case

Account Activation to Withdraw Timeline

TRADITIONAL SPORTSBOOK

  • Player Signup - 15 min. Know Your Customer - 5 min

  • Deposit & Account Verification - 5-10 min

  • Wagering - Identical

  • Withdrawals - 1-2 days and subject to monthly caps

BCI'S POWERED SPORTSBOOK

  • Player Signup - 15 min. Know Your Customer - 5 min

  • Deposit & Account Verification - 0 min (No deposit required)

  • Wagering - Identical

  • Withdrawals - 0 min