The total value of the global sports betting market is difficult to estimate because of lack of consistency in how it is regulated in some parts of the world. Sports betting makes 30 to 40 percent of global gambling market. Size of one part of global gambling (online) is estimated as 37.9bn USD in 2017(1), and its constantly rising. There is also a trend inside global gambling that people are more and more moving from mainstream gambling (lotteries, casinos, poker and other gaming) to sports betting because of simple fact that there are more options and play look more fair.
In last few years, sports betting is developing in crypto space, and there are more and more sportsbook sites accepting BTC and other crypto currencies every month. In time this whitepaper is written there are more than 50 online sportsbooks accepting crypto.
The purpose of 1X2 Coin is to become one of crypto currencies accepted in crypto sportsbooks as payment option (deposit/withdraw), and that’s just 1st phase. We will affiliate all good sportsbooks in market and future plan is to develop our own crypto enabled sportsbook site which will enter strong in this multibillion market. We will start as advanced Masternode coin with progressive reward scheme and very attractive ROI for our investors.