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Become an Independent Betting Bookmaker Using Chipz Platform
Gambling is one of the oldest forms of entertainment. It is also regarded as a serious business too. This business has come a long way since medieval times when people bet on the winning gladiators during the Roman empire. However, such events would have not so “uncertain” outcomes as the owners of the gladiators could influence the games — an allegation that is commonly placed on most of the current betting sites.
So how do you cure the problem of sporting events being fixed and leaving bettors writhing in losses? Enter Chipz ecosystem, a decentralized blockchain-based betting platform that allows users to bet and be their betting bookmakers. What’s more, Chipz is rolling out a public presale that will gift lucky users with 5k worth of NFT to be used on Chipz’s new NFT marketplace, the chipz.drive. It is also interesting to note that the Chipz platform allows users to stake their CHPZ. This staked CHPZ is used as part of the liquidity pool. Users get 3% of their staked value (simply means that users can use CHPZ to make more CHPZ). This is an exception to betting or staking in a normal casino or sportsbook where bettors hope they can make 3% of their staked value. Sounds cool, right?
You’ve been in the backseat for too long; now, you have the chance of being on the front seat by creating and hosting betting rooms where other users can place their bets. Here’s what Chipz is all about and how you can become an independent betting bookmaker on the platform.
Chipz for Bookmakers
Chipz is a web-based betting platform that allows users to gamble on any event within betting rooms hosted by others users. To participate, users must have enough CHPZ tokens — an ERC-20 token used to run the Chipz ecosystem — to pay for room creation fees. Besides, a non-custodial wallet belonging to the user must also be linked to their Chipz account. The wallet guarantees payment for gas fees as well as the betting amount.
As emphasized by cofounder Justin Lally in a recent podcast on Action and Ambition, Chipz’s main goal is to give equal opportunities to everyone wherever they are in the world by letting them create their sportsbook and invite their friends to place bets.
Therefore, Chipz will only serve as an intermediary for independent bookmakers by providing the platform and the UI required to facilitate a book. In exchange for this service, Chipz only requires the bookmakers to pay a small fee. A bookmaker can choose either of the following payment plans to create rooms on Chipz;
- A 3-month plan worth $30 paid in CHPZ
- A 6-month plan worth $45 paid in CHPZ
- A 1-year plan worth $60 paid in CHPZ
The platform uses smart contracts to scan and report on events. The smart contract also distributes earnings after the events.
The advantage of becoming a bookmaker is that a good attendance of bids enables you to set the fees and the maximum number of bidders. At the end of the event, you will always earn off fees as soon as the smart contract finalizes.
Joining Chipz as A Bookmaker
To become a bookmaker, follow the following host workflow as recommended by the platform design team.
Step 1: Register on the Chipz platform. The process involves choosing your ideal payment plan and linking your non-custodial wallet.
Step 2: Accept terms and conditions set by the system.
Step 3: Create your username and set a strong password.
Step 4: Open the panel on the Chipz interface to create a betting room and become a host.
Step 5: As a host, choose the sports you wish to have in your betting room.
Step 6: Set the closing time for accepting bets.
Step 7: Set the betting conditions.
Once the bookmaker sets the betting conditions, the bettors can select the betting room and wait for the event’s result. The smart contract executes as soon as the event match ends. The host will then collect his fees, and the prize pool is distributed to the winning bets by the smart contract.
The bettors can then rank the host. Once done, the bookmaker confirms the contract to execute his earnings, and the betting room closes.
From the steps outlined above, it is evident that becoming a bookmaker on Chipz is an easy process and one with the real potential of being profitable. The best part is that users can become bookmakers and bettors in different rooms created by other users.
Chipz developers claim that the platform will evolve to allow users to place bets on any future event, including the prices of crypto and eSports, taking the platform’s adoption to greater heights.
BetVictor
ThrillTech-powered jackpot produces first millionaire as Scottish BetVictor player wins £1.7m
A BetVictor player from Scotland has turned a small 10p jackpot side bet into an incredible £1,744,000 payout.
The lucky customer hit the top-tier Epic jackpot while playing the slot Magnificent Power Spartan, transforming a minimal wager into a life-changing prize.
The win was made possible through The Jackpots, an exclusive in-house jackpot product powered by ThrillTech, a global provider of side-bet jackpot technology for iGaming operators.
ThrillTech’s ThrillPots system was rolled out across the portfolio of gaming brands operated by BVGroup in December last year. The feature allows any qualifying spin to randomly trigger one of four progressive jackpots. In this case, a simple 10p side bet was enough to unlock the seven-figure Epic jackpot.
The Scottish BetVictor customer, who has chosen to remain anonymous, triggered the highest prize tier available—demonstrating that every spin carries the potential for a massive reward. The win has since been fully verified, and the payout is being processed in line with the operator’s standard verification and payment procedures.
Eoin Ryan, Director of Sportsbook & eGaming at BVGroup, said:
“We’re absolutely delighted to congratulate our first newly created millionaire.
This life-changing win perfectly showcases how The Jackpots system works, where any qualifying spin can trigger any of the available jackpots, including the Epic pot. We’re excited to deliver many more unforgettable moments for our customers throughout the year.”
Ben Bradtke, Co-Founder of ThrillTech, added:
“Seeing a 10p side bet turn into a £1.7 million win is exactly the kind of moment we designed ThrillPots to create. From the very beginning, our vision was to provide operators with a jackpot solution that genuinely excites players, where every qualifying spin carries real potential regardless of stake size. This win is a powerful example of that principle in action.
Working with BVGroup to launch The Jackpots across the BetVictor portfolio has been a fantastic collaboration. Their team understands how to integrate jackpot mechanics in a way that enhances the overall player experience while maintaining the highest standards of compliance and player protection.
We’re incredibly proud to see our technology deliver such a life-changing outcome and look forward to powering many more memorable jackpot moments for operators and players worldwide.”
The post ThrillTech-powered jackpot produces first millionaire as Scottish BetVictor player wins £1.7m appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Booming Games
Booming Games’ Trollfufu Bonanza Bursts Onto the Scene
Booming Games, a top supplier of high-quality gaming content, has officially released Trollfufu Bonanza, an exciting new slot game with a contemporary flair. The game features a 6×5 reel with Scatter Pays and offers a maximum win potential of 6,500x. Situated in the playful realms of Trollfufu filled with tricky creatures and sweet icons, the game offers an exciting adventure for gamers desiring intense competition.
Trollfufu Bonanza enables players to trigger a stream of victories with each spin, generating continuous thrill. Aligning one or more symbols anywhere on the display activates cascading reels, while players gathering Bonus symbols in the Capsule Machine will activate the Free Spins bonus feature, maintaining the rapid-paced excitement.
To improve the gaming experience, Free Spins may be activated at any time. Random Multipliers, varying between 2x and 100x, add the real enchantment and can enhance payouts on each cascade. Retriggers extend the excitement of Free Spins, while multipliers accumulate to offer significant payout opportunities. By choosing to buy the bonus feature, players can dive directly into the most exciting parts of the game whenever they wish.
Craig Asling, Director of Games at Booming Games, said: “We are committed to providing the ultimate gameplay experience, maximising choice and entertainment. We’re confident that players will love this latest edition to the Booming Games family. Watch as cascading wins and massive multipliers turn every spin into a wild, unpredictable adventure. Step into the mischievous world of Trollfufu Bonanza now!”
The post Booming Games’ Trollfufu Bonanza Bursts Onto the Scene appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
B2B iGaming
Logifuture Joins Forces with BetConstruct AI to Expand Virtual Sports
Logifuture, a leading B2B provider of virtual sports and instant gaming solutions, has announced a strategic partnership with BetConstruct AI, a global iGaming platform powering hundreds of operators worldwide. This collaboration integrates Logifuture’s flagship products, Zoom Sports and Simulate, into BetConstruct AI’s platform, significantly expanding access to innovative engagement tools for operators.
Expanding Global Reach
The partnership enables operators to offer next-generation virtual sports and instant betting solutions, enhancing player activity and generating incremental revenue.
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Zoom Sports delivers ultra-realistic virtual football and tennis events in both full-length and turbo formats, offering thousands of daily betting opportunities.
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Simulate allows players to instantly simulate the outcome of betslips, removing waiting times and creating immediate engagement.
These tools extend player retention, increase betting activity beyond live events, and create cross-sell opportunities across the BetConstruct AI network.
Innovation at the Core
Both Logifuture and BetConstruct AI prioritize innovation and product differentiation, helping operators stand out in a highly competitive market.
Niccolò Cassettari, Chief Business Development Officer at Logifuture, commented:
“Partnering with BetConstruct AI is a major step forward. Their global reach makes them the ideal partner to scale Zoom Sports and Simulate worldwide. This collaboration is just the beginning of a long-term partnership to deliver new experiences and stronger operator performance.”
Looking Ahead
The partnership will focus on expanding distribution, delivering new gaming experiences, and introducing innovative products to keep players engaged while helping operators grow revenue worldwide.
The post Logifuture Joins Forces with BetConstruct AI to Expand Virtual Sports appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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