Accepting bets on Blockchain, and paying rewards in LSK, ETH and ADM

The ADAMANT Bet Bot is an anonymous and Blockchain-proved betting software, which processes different types of bets, and automatically pays rewards. Classic set up is betting on a cryptocurrency price, like Bitcoin.

With the new version 2.0 update, a bot supports bets and payouts in Lisk (LSK) along with ADM and Ethereum.

Bets in ADAMANT Messenger:

• A bot takes bets in cryptocurrency directly from the ADAMANT Messenger wallets. The bettings and payments are proven by blockchain transactions.
• If you perfectly predict the Bitcoin or other cryptocurrencies price — you have the opportunity to earn
• You can also create your own bot, which will accept bets on the price of any cryptocurrency, and not just Bitcoin. The betting bot is an open source program as well as other ADAMANT apps.

Read more about betting in ADAMANT.

How to make a bet on the Bitcoin price

To make a bet on the Bitcoin price you create an anonymous wallet in ADAMANT, top up the balance and send a bet to a bot. The rules:

• The bot accepts bets on the Bitcoin exchange rate (BTC)
• A new round is every Sunday (10:00 +00:00). Bets for the current round are accepted from Sunday to Thursday. If you make a bet on Friday or Saturday (48 hours before the end of the round), it will be counted in the next round.
• The error is ±500 USD. If you bet on an exchange rate of $9500 and it will be $9900 — you are among the winners. Your chances are high.
• The minimum bet is 0.1 USD, the minimum payout is also 0.1 USD

To get details, send /help to the Bet bot.

If you are new to ADAMANT, take these steps:

1. Start by creating a new wallet and receiving free ADM chat tokens
2. Top up the cryptocurrency you want to make a bet with. The Bet bot accepts ADM, LSK and ETH.
3. The Bitcoin bet bot is already in your ADAMANT chats, go to a dialogue with it
4. Send /rates BTC to get the current exchange rate
5. Let’s assume you want to bet 250 ADMs so that the bitcoin exchange rate at the round’s end will be $11300. Send 250 ADM to the bot, and specify “11300” in the transaction comment.
6. When the round ends, the bot will report the actual rate and if you win, you get a reward

The Bet bot software v2.0.2 release notes:

• Refactoring
• Add Lisk support
• Enable socket
• Update dependencies
• Bug fixes

Accepting bets on Blockchain, and paying rewards in LSK, ETH and ADM was originally published in adamant.im on Medium, where people are continuing the conversation by highlighting and responding to this story.