# Betero

Betero is a people-oriented betting platform that accepts deposits of multiple cryptocurrencies and redistributes profits back to players and token holders.

![](/files/QG2Ovso8xDteXWgjKLRz)

By aggregating various sports data providers, Betero will be able to offer the best odds on the market.

Users can deposit a wide range of cryptocurrencies and start betting within seconds. The app for the web as well as for iOS and Android, offers live betting, accumulator bets, globally recognized professional leagues and more.

We eliminate capitalism’s stranglehold on the betting market and distribute profits back to the players and token holders. We break up this margin-based marketplace economy into a decentralized market that rewards the participants.

Active platform users receive cashback for lost bets, and BTE token holders receive the majority of profits via our staking contracts.

The Betero protocol will function as a hybrid-decentralized model that enables the platform to work as simply as traditional betting companies.


# Start Betting

<figure><img src="/files/T0WiocgnkANZVFHzhxv6" alt=""><figcaption></figcaption></figure>

Start betting on many games and sports on the Betero Sports Platform, or try your luck on the Betero Casino.

{% embed url="<https://app.betero.io/>" %}

Connect your wallet, deposit your crypto, and start playing instantly.


# Connect Wallet Account

Create Your Betero User Account

1. To start on the Betero Platform, simply click on the "Connect" button on the top right of the page. This is going to create your account on Betero.

<figure><img src="/files/a3HUux2BCxcMIfyRx6VK" alt=""><figcaption></figcaption></figure>

2. Read and agree to the privacy policy and terms. Set the checkmark and click on your wallet provider afterward.

<figure><img src="/files/hpdhJiyRiyTIIPMjvekS" alt=""><figcaption></figcaption></figure>

3. Your wallet is going to show you a message to sign. Confirm/Sign the message to continue, which won't cost any gas, it only proves that you are the owner of your wallet.
4. As a final step, choose a username you like, check the box regarding the terms and click "Complete Registration."

<figure><img src="/files/owUHr7dM5L6DDuISTOqZ" alt=""><figcaption></figcaption></figure>

**Congratulations!** You now have full access to the Betero platform. Start by depositing some cryptos to place your first bet. Good luck!


# Deposit & Withdraw

Make a deposit to start playing instantly

## How to Deposit

1. To deposit crypto to Betero, click on the "Deposit" button on the Desktop version and on mobile click on the green button with a wallet icon

<figure><img src="/files/HLJuJYXrGImDCncMI3k6" alt=""><figcaption></figcaption></figure>

2. On the following popup, under "Deposit Option", click on "Crypto".
3. Now you will see your Wallet overview and all coins and tokens you have deposited on the Betero Platform. \
   To deposit more coins, locate the coin and click on the "Deposit" button next to it.

<figure><img src="/files/ZylWfdaOM6dKwaRegCM9" alt=""><figcaption></figcaption></figure>

4. Click on the "Metamask" option.
5. Now you see a new popup that shows again the token and network selected.&#x20;
   * Please note that not all tokens are available on all networks.
6. On the first time you need to approve the tokens in your wallet first.
7. After approval has been granted, enter the amount to deposit and click the button "Deposit".

<figure><img src="/files/FJvYk9j7PIyiN9okGAY3" alt=""><figcaption></figcaption></figure>

8. Confirm the transaction in your wallet as a final step.

**Congratulations!** Your deposit usually arrives within seconds to become available on Betero. Make sure it has been confirmed by the blockchain.

## How to Withdraw

1. Get started by accessing your wallet.
   1. On Desktop, click on your player name and select "Wallet" from the dropdown menu.
   2. On Mobile, click on the green wallet button on the top right. Select "Withdraw" and then click on "Crypto".
2. Find the coin you want to withdraw from the list and click on the "Withdraw" button.
3. There is an Info popup coming up. Read the details and click "Confirm".
4. Enter the number of tokens to withdraw and select the gas level (the higher the gas the faster the coins will be transferred).
5. If prompted, complete the Captcha.
6. Click the button "Withdraw". Most withdrawals are processed within seconds. Only in rare cases if the system detects an anomaly, the withdrawal will be checked manually which can take up to 24 hours.


# How to Bet

Go to the Sports section of the Betero Platform and make sure you have your wallet connected.

<figure><img src="/files/hSIBYltdh3cLWorl24fB" alt=""><figcaption></figcaption></figure>

### 1. Find Your Game

Use the navigation panel on the left to search for your sport or browse through the different sports and leagues to find the game you want to place a bet on.

### 2. Select the Outcome

Once you've found the game, you will see the betting opportunities in the middle of the screen. Select the bet you want to place by clicking on the odds directly. It will highlight it in green.

Click on the name of the game (for example, "Manchester City - Liverpool FC") to open even more odds.

### 3. Place Bet

After clicking on the odds of the bets you want to place, they appear on the right side in the Betslip panel. You can place single bets, combo bets, or system bets.

Once you are happy with the bets, enter your bet amount in USD and click "Place Bet." Your bet will be taken in the selected cryptocurrency shown on top of the screen. In the example, BTE is selected. The system automatically calculates how much BTE tokens are worth the amount you've set in USD and deducts them from your BTE balance. \
Winnings are paid out in the same currency.


# Betslip

Your Betslip is the place to finalize your bets and enter the amount in cryptocurrency for each bet you want to place.

<div><figure><img src="/files/Nkv27QbU5gY6zWc0qEvy" alt=""><figcaption></figcaption></figure> <figure><img src="/files/H4uOL0TPkH8ojJUsjnHE" alt=""><figcaption></figcaption></figure> <figure><img src="/files/ZGd1W941ztIPWEx7kmfY" alt=""><figcaption></figcaption></figure></div>

### Check Your Placed Bets

To check your open bets, click on the orange book button. It will show you all of your open bets.

To view your ended bets such as ones you've lost or won, click on the "My Bets" button on the left side of the page.

<figure><img src="/files/CLd8Sf8MG9keIBrGJeow" alt=""><figcaption></figcaption></figure>

### Accept Odds Changes

At the bottom of the betslip there is a toggle to turn on/off to "Accept odds changes". Odds can change quickly, especially if you are betting on live games. Turning it on is a convenient way to automatically accept changing odds.&#x20;


# Ranks & Rewards

Enjoy attractive ranks and rewards on the Betero Platform

## The Rewards Page

Betero offers all its users an exciting Reward Calendar where they can earn extra rewards every day!

The higher your player rank on Betero, the more rewards you will receive.

To open the rewards section, go to the side panel on the left and click on "Rewards".

<figure><img src="/files/uGqO2zzfRxYz7H1ni2hJ" alt=""><figcaption></figcaption></figure>

On this page, you will also see details about your current rank and the following ranks to unlock.

<figure><img src="/files/ptqwMBxGtEAsba8S3M2S" alt=""><figcaption></figcaption></figure>

## How to level up to a new rank?

If you click on your profile on the top right of the screen, you can see your current progress until you level up to the next rank.

The amount in USD shown is your total wager which means the total betting volume you have placed so far.

For example, placing a bet slip of $20 will add $20 to your total wager. Playing 10 times $5 on a Roulette or Black Jack would add $50 to your wager.

<figure><img src="/files/OrSnfigYVvPP2f5tzV7Q" alt=""><figcaption></figcaption></figure>

## Different Boni Available

{% content-ref url="/pages/vc06SgvRTtYG1lXPGrnZ" %}
[Rakeback Bonus](/betero-web-portal/ranks-and-rewards/rakeback-bonus)
{% endcontent-ref %}

{% content-ref url="/pages/uAzIV4eYT1o50NqA1bwi" %}
[Daily/Weekly/Monthly Bonus](/betero-web-portal/ranks-and-rewards/daily-weekly-monthly-bonus)
{% endcontent-ref %}

{% content-ref url="/pages/oUost9vzZRnJkX96jGZ1" %}
[Level-Up Bonus](/betero-web-portal/ranks-and-rewards/level-up-bonus)
{% endcontent-ref %}

{% content-ref url="/pages/iSxpl4LBQGqc14baoXPN" %}
[Rakeboost](/betero-web-portal/ranks-and-rewards/rakeboost)
{% endcontent-ref %}

## Ranks on Betero Platform VS Betero Portal

The ranks available on the Betero Platform are not to be confused with the Betero Club tiers used for the Betero Profit Redistribution and Cashback.

The Betero Club tiers become active in May.


# Rakeback Bonus

Rakeback is a reward credited to users based on the house edge of the games they are playing.&#x20;

By default, there is 5% Rakeback on all bets, and this can be claimed every 30 minutes via the rewards page or dropdown.&#x20;

When claiming Rakeback, 50% of the amount is credited to the user's balance immediately, with 50% being credited to the Rewards Calendar split over 3 days.


# Daily/Weekly/Monthly Bonus

## Daily Bonus

Every 24 hours, users are able to claim a Daily Bonus.

This Daily Bonus is based on their past 24 hours of wagering, their profit and loss, and also the games they play.

The user should claim previous day's daily bonus in 24 hours otherwise it will expire. When claiming the Daily Bonus, 20% of the reward will be credited to the user's balance immediately, with 80% being added to the Rewards Calendar split over 7 days.

## Weekly Bonus

Once a player reaches Bronze rank, he/she will be able to claim a weekly bonus. The Weekly Bonus is a personalised bonus based on your recent betting activity. One of the main factors is your recent P\&L, and lossback is included within your Weekly Bonus. You can add a Weekly Bonus to your calendar once every 7 days.

The user should claim previous day's daily bonus in 7 days otherwise it will expire. Weekly bonus is released on every Sunday. Upon claiming the Weekly Bonus, 20% will be credited to your balance immediately, with 80% being added to the Rewards Calendar split over 7 days!

## Monthly Bonus&#x20;

Once a player reaches Bronze rank, he/she will also be able to claim monthly bonus. The Monthly Bonus is a personalised bonus based on your recent betting activity. One of the main factors is your recent P\&L, lossback is included within your Monthly Bonus. You can add a Monthly Bonus to your calendar once every month. The user should claim previous day's daily bonus in time (before the month ends) otherwise it will expire. Monthly bonus is released on every 1st of each Month.

Upon claiming the Monthly bonus, 20% will be credited to your balance immediately, with 80% being added to the Rewards Calendar split over 30 days!


# Level-Up Bonus

Level-Up Bonuses are rewards given when users reach certain milestones of the total wagered amount.

Each bonus is based on the individuals' Profit and Loss, and the difference in wager from the previous rank.

When claiming the Rank-Up Bonus, 20% of the reward will be credited to the user's balance immediately, with 80% being added to the Rewards Calendar split over 21 days.

When claiming the Rank-Up Bonus, 20% of the reward will be credited to the user's balance immediately, with 80% being added to the Rewards Calendar split over 21 days.


# Rakeboost

1. New users will enjoy a +10% rakeboost for 24 hrs.
2. Every claim of each calendar reward entitles a +15% rakeboost for 1 hour.
3. Rakeboost does not stack.


# Referrals

Refer a friend and start earning commission!

Betero is a platform for the people, and therefor we offer a referral program to all players on our platform.

Simply invite friends to Betero using your referral ID to start earning a commission. Note that you need to be level 10 ($8k wager) in order to start earning from your friend's bets.&#x20;

## How to find your referral ID

1. Go to your profile and select “Referral”.
2. Copy your Referral ID or share the link to your friends.

<div><figure><img src="/files/xOpJXVrqo90ABeYfCSfV" alt=""><figcaption></figcaption></figure> <figure><img src="/files/GXS9YlAH6voCwqY1TpuU" alt=""><figcaption></figcaption></figure></div>

The referral ID of this user is “B5i7xlZy” for example. You can also edit your code and pick a name you like.

**It is important that your friends manually make sure that the code is applied correctly. Sometimes using the link to sign up is not enough.**

Ask your friends to click on the “Deposit” button (after they have connected their wallet). Click on “Referral” and enter the code. Your friends must do that within the first 24 hours of the account creation.

<figure><img src="/files/68y8Wv7JeiKKtOPG5SdU" alt=""><figcaption><p>Make sure your friends enter the referral code themselves.</p></figcaption></figure>

## Earn a commission

You can always get a commission from any bet wagered, no matter they win or lose. The higher your VIP level, the higher the percentage of commission you get from the bet.

Your commission is relevant to the house edge of the game and the bet volume.

Different games have a different house edge. You can derive your commission using the following formula:

$$
Referral Bonus = House Edge \* wager \* commission rate
$$

$$
House Edge = 1 - RTP
$$

Different games have a different house edge. RTP means Return To Player.

**The referral commission rate is 5%.**

Please note using your own referral code will result in action against your accounts, including bans & forfeiture of any funds.


# Getting Started

Welcome to Betero Wallet! This guide will help you get started with the most important features of your crypto wallet.

## App Navigation

Understanding the Betero Wallet's navigation structure will help you use all features efficiently.

### Bottom Tab Navigation

The main navigation consists of three tabs:

1. **Wallet**: Your main portfolio view, token balances, and transaction buttons
2. **Browser**: Access to the Web3 browser for DApps
3. **News**: Cryptocurrency news and updates

### Central Betero Button

* The green circular button in the center provides quick access to the browser
* Tap it from any screen to launch the Web3 browser

### Side Menu (Drawer)

Access the side menu by tapping the menu icon (≡) in the top left. The menu contains:

#### Wallet Section

* Contact Book
* Add Custom Token
* Show Seed Phrase
* History

#### Security Section

* Enable/Disable Biometrics
* Change PIN Code

#### Support Section

* Betero Documentation
* Get Community Support

#### Legal Section

* Privacy Policy
* Terms of Service

### Account Management

* Tap your account name in the side menu to switch accounts or create new ones
* Your wallet address is displayed below your account name

## Creating a New Wallet

1. **Launch the Betero Wallet** app on your device
2. Tap on "Create New Wallet"
3. Read and accept the terms of service
4. You'll see your 12-word recovery phrase
   * Write it down on paper (not digitally!)
   * Store it in a safe place
   * Never share it with anyone
5. Confirm your recovery phrase by entering the words when prompted
6. Set a secure 6-digit PIN code
7. Optionally enable biometric authentication (fingerprint/face ID)

## Importing an Existing Wallet

1. Open the Betero Wallet app
2. Tap on "Import Wallet"
3. Choose your import method:
   * **Recovery Phrase**: Enter your 12 or 24-word recovery phrase
4. Set a new PIN code
5. Optionally enable biometric authentication

### Importing an Existing Account

1. Open the Betero Wallet app
2. Open the side menu and click on your account name "eg: Account 1"
3. Tap on "Import existing"
4. Click on "Import account" and enter PIN code.
5. Enter your wallet's private key


# Wallet Management

## Creating Additional Accounts

You can create multiple accounts within the same wallet, all derived from your original seed phrase.

### Creating a New Account

1. Open the side menu
2. Tap on your current account name (e.g., "Account 1")
3. In the dropdown, tap "Create account"
4. Enter your PIN code when prompted
5. Enter a name for your new account
6. Tap "Import" to create the account

### Switching Between Accounts

1. Open the side menu
2. Tap on your current account name
3. Select the account you want to switch to from the dropdown
4. The app will refresh and load the selected account

### Account Features

* Each account has its own address and token balances
* All accounts share the same seed phrase and PIN
* You can create as many accounts as needed
* Account names can be customized for easy identification

## Managing Your Portfolio

### Viewing Your Balance

* Your total portfolio value is shown at the top of the home screen
* Individual token balances are listed below
* Tap any token to see more details and transaction history

### Adding Custom Tokens

1. Go to the side menu
2. Tap "Add Custom Token"
3. Enter the token contract address
4. The token details should auto-fill
5. Tap "Import" to include it in your wallet

## Switching Networks

Betero Wallet supports multiple blockchain networks. You can switch between them based on your needs.

### Available Networks

* Ethereum (ETH)
* Binance Smart Chain (BSC)
* Polygon (MATIC)
* Arbitrum
* Optimism
* Cronos
* Base

### How to Switch Networks

1. Look for the network toggle button in the top bar (usually shows current network)
2. Tap the network button
3. Select your desired network from the list
4. The app will switch networks and refresh your token balances

### Important Notes

* Each network has its own tokens and balances
* Transaction fees are paid in the native token of each network
* Some tokens exist on multiple networks but are separate assets
* Always verify you're on the correct network before sending transactions


# Transactions & Contacts

## Sending Cryptocurrency

1. From the home screen, tap on the token you want to send
2. Tap the "Send" button
3. Enter the recipient's wallet address or scan their QR code
4. Enter the amount you want to send
5. Review the transaction details including network fees
6. Confirm the transaction by clicking "Send Tokens"
7. Wait for the transaction to be confirmed on the blockchain

## Receiving Cryptocurrency

1. From the home screen, tap on the token you want to receive
2. Tap the "Receive" button
3. You'll see your wallet address and a QR code
4. Share this address with the sender
   * They can scan the QR code or copy the address
5. Wait for the funds to appear in your wallet
   * Transaction times vary by network congestion

## Managing Contacts

The contact book feature helps you save frequently used wallet addresses for easy access when sending tokens.

### Accessing the Contact Book

1. Open the side menu
2. Tap "Contact Book"

### Adding a New Contact

1. In the Contact Book screen, tap the "+" icon in the top right
2. Enter the contact's name
3. Enter their wallet address
4. Tap "Save contact"

### Using Contacts When Sending

1. When sending tokens, start typing in the recipient field
2. Matching contacts will appear below the input
3. Tap on a contact to auto-fill their address
4. You can also save new addresses as contacts during the send process

### Managing Existing Contacts

1. In the Contact Book, tap on any contact to view details
2. From the contact details screen, you can:
   * Send tokens directly to this contact
   * Edit contact information
   * Delete the contact

### Searching Contacts

* Use the search bar at the top of the Contact Book to quickly find contacts
* Contacts are organized alphabetically by first letter

## Viewing Transaction History

Track all your wallet transactions with the comprehensive history feature.

### Accessing Transaction History

1. Open the side menu
2. Tap "History"

### Understanding Transaction Status

The history screen shows two tabs:

#### Pending Transactions

* Transactions that are still being processed on the blockchain
* Shows estimated completion time
* Options to speed up or cancel (if supported by the network)

#### History (Completed Transactions)

* All confirmed transactions
* Shows final status (success or failed)
* Complete transaction details

### Transaction Details

Tap on any transaction to view:

* Transaction hash (TXID)
* Block confirmation number
* Gas fees paid
* From and to addresses
* Transaction timestamp
* Network used

### Managing Pending Transactions

For pending transactions, you may see options to:

* **Speed Up**: Increase gas fee to process faster
* **Cancel**: Attempt to cancel the transaction (not always possible)


# Advanced Features

## Using the Web3 Browser

The Betero Wallet includes a built-in Web3 browser that allows you to interact with decentralized applications (DApps) directly from your wallet.

### Accessing the Browser

1. **From the Home Screen**: Tap the "Browser" tab at the bottom of the screen
2. **From Any Screen**: Tap the central Betero button (green circle) in the bottom navigation

### Browsing DApps

1. On the browser landing screen, you'll see a search bar and favorites
2. **To visit a website**: Type a URL or search term in the search bar and tap the search icon
3. **To use favorites**: Tap on any of the pre-configured favorite DApps
4. **Navigation**: Use the bottom navigation buttons to go back, forward, reload, or share

### Browser Features

* **Web3 Integration**: Automatically connects to your wallet for DApp interactions
* **Network Awareness**: Shows your current network in the top bar
* **Secure Browsing**: Runs in incognito mode for privacy
* **Share URLs**: Share interesting DApps with others

## Reading Betero News

Stay updated with the latest Betero news directly in your wallet.

### Accessing the News Feed

1. Tap the "News" tab at the bottom of the screen

### Using the News Feed

* **Browse Articles**: Scroll through the latest crypto news articles
* **Read Full Articles**: Tap on any article to read the complete story
* **Refresh Content**: Pull down on the screen to refresh and load new articles
* **Load More**: Scroll to the bottom to load additional articles


# Security & Support

## Security Features

### Changing Your PIN Code

1. Open the Betero Wallet app
2. Tap on the Side menu icon to open it
3. Choose "Change PIN Code"
4. Enter your current 6-digit PIN code when prompted
5. Enter your new 6-digit PIN code
6. Confirm your new PIN code
7. Your PIN code has been successfully updated

### Enabling Biometric Authentication

1. Open the Betero Wallet app
2. Navigate to Side Menu > Security
3. Tap on "Enable Biometrics"
4. Follow the system prompt to authenticate with your device's biometric method (Face ID, Touch ID, or fingerprint)
5. Biometric authentication is now enabled for wallet

### Backing Up Your Wallet

1. Go to Side Menu > Security
2. Select "Show Seed Phrase"
3. Authenticate using your passcode or biometrics
4. Your 12-word recovery phrase will be displayed
5. Carefully write down all words in the exact order shown
6. Store the recovery phrase in a secure, offline location
7. You'll be asked to verify the recovery phrase by entering the words in the correct order if you install the Betero app on a new device or if you forget your PIN Code

## Troubleshooting

### Account Access Issues

#### Forgot PIN

If you've forgotten your PIN, follow these steps to regain access:

1. **Uninstall and reinstall** the Betero Wallet application
2. Select **"I already have a wallet"** from the welcome screen
3. Enter your **12-word recovery phrase** exactly as recorded
4. Set a new **6-digit PIN** when prompted
5. Complete the wallet restoration process

> ⚠️ **Important**: Without your recovery phrase, access to your funds cannot be recovered. Betero has no access to your recovery phrase or private keys.

### Transaction Management

#### Transaction Stuck in Pending

If your transaction remains unconfirmed:

1. **Check confirmation status**
   * Locate your transaction hash (TXID) in the app
   * Search for it on the relevant blockchain explorer (Etherscan, BSCScan, etc.)
2. **Network congestion**
   * High network traffic may cause delays
   * Check the current network status
3. **Accelerate or cancel**
   * Some networks allow transaction replacement with higher fees
   * Look for "Speed Up" or "Cancel" options in your transaction details

#### Transaction Failed

Common reasons for failed transactions:

* Insufficient gas/network fees
* Network congestion
* Smart contract execution errors
* Insufficient token balance for gas fees

### Balance Discrepancies

If your balance appears incorrect:

1. **Refresh your wallet**
   * Pull down on the home screen to manually refresh

### Advanced Troubleshooting

### Need Help?

For additional support:

* Email <appsupport@betero.com>
* Join our community on [Telegram](https://t.me/beterocoin)

***

*Last updated: May 2025*


# BTE Token

The Betero token (BTE) is the native token of the Betero ecosystem. It is used to redistribute rewards to the community and make betting fair again.

Betero’s vision is to eliminate capitalism’s stranglehold on the betting market and distribute profits back to the players and token holders. We want to dissolve the existing structures that enable platform providers to earn high-profit margins on people’s bets. It is also an opportunity to explore breaking up a margin-based marketplace economy into a decentralized market that rewards the participants.&#x20;

With Betero, most of the profits made on people’s bets will be returned directly to the users in the form of cashback and staking rewards. Before the profit redistribution begins, all other cryptocurrencies are converted into BTE.

## BTE Chart&#x20;

{% embed url="<https://coinmarketcap.com/currencies/betero/>" %}

{% embed url="<https://www.coingecko.com/en/coins/betero>" %}

## Trade BTE

You can trade BTE on several Decentralised Exchanges:

#### Pancakeswap

<https://pancakeswap.finance/swap?outputCurrency=0x7faaf8d4c411218415d9d3f82d56214658349dbb&chainId=56>

#### Uniswap

<https://app.uniswap.org/#/swap?outputCurrency=0x73b708e84837ffccde2933e3a1531fe61d5e80ef>

#### MM Finance

<https://mm.finance/swap?outputCurrency=0x3d632d9e1a60a0880dd45e61f279d919b5748377>

## BTE Token Contracts

<table><thead><tr><th width="205">Blockchain</th><th>Contract</th></tr></thead><tbody><tr><td>BNB Smart Chain</td><td>0x7faAf8d4C411218415d9d3f82D56214658349dbb</td></tr><tr><td>Ethereum</td><td>0x73B708E84837FFCcDE2933e3A1531fe61D5e80Ef</td></tr><tr><td>Cronos</td><td>0x3D632d9e1a60a0880Dd45E61f279D919b5748377</td></tr><tr><td>Avalanche</td><td>0xB25e20De2F2eBb4CfFD4D16a55C7B395e8a94762</td></tr></tbody></table>

Currently, there is no liquidity on the Avalanche network.

## BTE Token Audit

The original Betero token was deployed on the Ethereum blockchain and was audited by Certik.&#x20;

{% embed url="<https://skynet.certik.com/projects/betero>" %}
Certik Audit
{% endembed %}

{% embed url="<http://betero.io/certikaudit.pdf>" %}
Certik Audit
{% endembed %}

## Multichain Network

To make BTE available on other chains, such as BSC, Betero has partnered up with [Multichain](https://multichain.org/). Multichain set up and deployed the Betero contract on BNB, AVAX, and CRONOS. It is based on their AnyswapV6ERC20 contract standard. To operate the bridge, the contract needs a mint function.&#x20;

The Betero team can't mint new tokens as the contract ownership of the main Betero contract was renounced.&#x20;

## BTE Tokenomics

BTE has a maximum and total supply of 2,500,000,000 tokens.

<figure><img src="/files/piRqgGmRLiMwJT7YWQWQ" alt=""><figcaption><p>BTE Tokenomics</p></figcaption></figure>


# Profit Redistribution

The Betero Profit Redistribution is a revolutionary mechanism to make sports betting and gambling fair and fun. Major shares of the platform's profit get distributed back to the players and BTE token holders.

<figure><img src="/files/wQu1KQNegSqP7M7D7nDC" alt=""><figcaption></figcaption></figure>

## Cashback&#x20;

25% of all profits made are returned to the players who placed bets and have a loss. Players who win their bets do not receive cashback. The Betero system calculates the total platform profit at the end of each month and redistributes it among the accounts of players who have a negative betting balance.

The Cashback functionality, which is unique to Betero becomes active the following month for all eligible players. The payouts depend on the Betero Club Tier of the player.

Players can connect their wallet to the Betero Portal to claim their cashback the following month. For example, if a player encounters some net losses in April, he can claim his cashback in May. The cashback will be reset every month. In our example, this means if the player hasn’t claimed his cashback until the first of June, his cashback will expire.

## Staking Rewards&#x20;

25% of all profits made are used as staking rewards to incentivize BTE holders and attract liquidity providers.

There will be a new pool set up on the Betero Portal page that receives the BTE obtained from converting the monthly profits of the platforms. The new Staking Rewards pool runs on a special smart contract that sets the reward rate dynamically based on the amount of BTE tokens deposits of the month. The rewards then last for one month. The next monthly deposit resets the parameters and sets a new reward rate. The pool is going to have a lock time of 3 months.

With the rise of the Betero platform and higher volumes over time, the Staking Rewards pool is going to replace the current farming pools step by step. This ensures that no new BTE tokens enter the market.

## Burn&#x20;

15% of all profits made are used to buy back BTE and burn those tokens. This puts constant buy pressure on the BTE token and reduces the total supply.

The first burn is going to start with the profits made during the first month of the platform being live.

## Marketing&#x20;

20% of all profits made are spent on marketing and the sponsoring of football clubs. This ensures Betero reaches a wide audience and can grow steadily.

## Development&#x20;

5% of all profits made are used to add new features to the platform, keep it secure, and secure funds to run the server infrastructure.

## Ecosystem Fund&#x20;

5% of all profits made go toward the ecosystem fund, which is used to build partnerships and increase Betero’s exposure.&#x20;

## Betero Boost Game&#x20;

5% of all profits made are used to reward players of the Betero Boost Game. These rewards can be used by the players to boost future bets by 2x, 3x, or 4x. The boost can only be used with a new crypto bet, thus incentivizing people to bet more often.

The Betero Boost Game is going to be released later. The 5% allocated towards it will be used for its development to speed it up and be able to release it quicker.


# Betero Portal & Farm

## Betero Farm

Currently operated as the Betero Farm where you can earn attractive passive income on your BTE deposits.

{% embed url="<https://farm.betero.io/>" %}

## Betero Portal

The following weeks after the release of the main Betero platform, the team is going to introduce the Betero Portal.

The Betero Portal is a page where players can do various things related to the Betero platform and BTE token.

* Users can claim and withdraw their cashback from the previous months.&#x20;
* Manage their BTE farms. The current Betero Fram page will be transitioned into the new Betero Portal.
* Deposit BTE to the new Staking Rewards pool to profit from the success of the platform.
* Manage their Club tier by staking more BTE to the pools available so that users can enjoy even higher cashback, for example.&#x20;
* Once the Oracle is live, it will show recommendations on the portal. This feature is coming later.
* Bet Pump and Bet Boost are also features that will become available later.


# Roadmap

<figure><img src="/files/ECiFIT73JjpFleAuzcBg" alt=""><figcaption></figcaption></figure>

In this roadmap, the Betero team would like to highlight the features launching together with the main platform. Furthermore, we would like to point out what features and products will be launched later in the roadmap.

## View our full roadmap here

{% embed url="<https://www.betero.io/BETERO_ROADMAP.pdf>" %}
Betero Roadmap
{% endembed %}


# Socials

### Telegram&#x20;

{% embed url="<https://t.me/beterocoin>" %}

### Telegram Announcements&#x20;

{% embed url="<https://t.me/beteroannouncements>" %}

### Twitter&#x20;

{% embed url="<https://twitter.com/beterocoin>" %}

### Medium&#x20;

{% embed url="<https://medium.com/@Beterocoin>" %}

### Instagram&#x20;

{% embed url="<https://www.instagram.com/beterocoin>" %}

### Github&#x20;

{% embed url="<https://github.com/Betero-io>" %}

### CoinGecko&#x20;

{% embed url="<https://www.coingecko.com/en/coins/betero>" %}

### CoinMarketCap&#x20;

{% embed url="<https://coinmarketcap.com/currencies/betero/>" %}


# General Terms

## Casino Provider

Betero is an affiliate partner of Cyber Galaxy B.V. that operates the games as the provider under the Curaçao Gaming License. Cyber Galaxy B.V. is a company registered and incorporated in Curaçao with company registration number: 158185.

According to Cyber Galaxy B.V. terms, the following countries are banned:&#x20;

* Turkey
* Taiwan
* Netherlands
* United Kingdoms
* China
* Singapore

## Certifications

{% embed url="<https://www.betero.io/files/EvolutionGamingReport.pdf>" %}

{% embed url="<https://www.betero.io/files/GLIGamingReport.pdf>" %}

## Payout

Our casino supports a lot of tokens, mainstream or niche. When a player places a bet, the gaming profit/loss is settled based on the real-time token price at the time of betting.

We reserve the right to exchange any token profit to USD Stablecoins (USDt, BUSD and USDC) in players' account based on the USD value of the gaming profit.

## VPN Usage

According to our terms and conditions, VPN usage is forbidden in our casinos.

You warrant not to use any form of VPN or other methods or program fit to hide your IP or your state of origin. Users or customers found to use a VPN without the companies consent will be excluded from all services on the website, and all remaining funds will be frozen indefinitely. You acknowledge that you are solely responsible for all losses that might occur to you over your VPN usage without the companies consent, including but not limited to financial losses and the loss of your account on the website.

## Multiple Accounts

You are allowed to have only one Member Account. Only one Account for each household, IP, PC is allowed. If you attempt to open more than one Member Account, all accounts you try to open may be blocked or closed and any bets may be voided. Also any returns, deposits, winnings or bonuses which you have gained or accrued during such time as the Duplicate Account was active will be forfeited by you and may be reclaimed by us, and you will return to us on demand any such funds which have been withdrawn from the Duplicate Account. If a new account is opened, the old account will be closed. If you notice that you have more than one registered Member Account you must notify us immediately. Failure to do so may lead to your Member account being blocked for access.


# Restricted Territories Per Game Providers

Some games might be not available in your country.

Please check this link for the full list of restricted territories:

<https://docs.casinoservice.xyz/en/articles/6111247-restricted-territories-per-game-providers>


# Self-Exclusion Terms and Conditions

You can request "self-exclusion" in the upper right corner. Click on your account name and select "Profile".

<figure><img src="/files/74zQjI3wKQ61HO7eg5Z6" alt=""><figcaption></figcaption></figure>

Scroll down until you see "Self-Exclusion Period" and follow the instructions provided.

<figure><img src="/files/tCq97v697gHvwnG0fJ94" alt=""><figcaption></figcaption></figure>

Once a self-exclusion is applied to your account, it will stay in place until the request time has finished, it will not be reversed or decreased for any reason. Permanent self-exclusions will remain closed indefinitely. The casino will use all reasonable endeavors to ensure compliance with our responsible gambling self-exclusion policy. However, you accept that we will not be held responsible or liable if you attempt to open any new accounts or indeed succeed. In addition, the casino will not be held liable or accountable if you continue to deposit and wager using additional accounts which have previously not been disclosed. Any future wagers, Bonus funds and entries in any promotions during a requested self-exclusion time will be forfeited, resulting in no return of stakes or payment of winnings. We will not be able to reinstate these if the account is reopened after the self-exclusion period.

You acknowledge that: You should not attempt to deposit or place any wager on any of the casino accounts that you have requested to be excluded from during your selected self-exclusion. You should not attempt or proceed to open any new casino accounts during your self-exclusion period or indefinitely if a permanent self-exclusion has been selected. If you succeed in opening any new accounts during a self-exclusion period, we will endeavour to close all such accounts at our earliest detection. The casino’s responsibility is only to take reasonable steps to prevent you from gambling on any of our products. It is also the customer’s responsibility to refrain from breaching these agreed terms. This is a voluntary request made by you. If you proceed to breach this agreement, The casino, any of its employees are not held accountable or liable for any losses you may suffer. Any losses acquired during your self-exclusion period will not be refunded. This is a voluntary agreement, therefore if you proceed to breach the terms within, in the first instance only, any wagering that has taken place will stand, losses will not be refunded. However, multiple breaches of the terms within, all wagering will be void and dealt with at the casino’s discretion. Also, if we have suspicions or further investigation provides evidence that you have actively attempted to disguise the source of your account or accounts; which affects our ability to block your account or accounts promptly, this will also be dealt with at the casino’s discretion. Once your selected self-exclusion has come to an end, your account will automatically be reopened.


# Responsible Gambling

Your well-being is our priority. Gambling should be fun, but it's important to stay in control. If you or someone you know is experiencing problems with gambling, help is available.

### Recognizing Problem Gambling

Problem gambling can manifest in various ways. Here are some common signs to look out for:

* Spending more money and time on gambling than intended: If you find yourself exceeding your gambling budget or spending hours gambling when you planned to play for only a short time.
* Neglecting personal or professional responsibilities: Missing work, neglecting family, or not fulfilling other responsibilities because of gambling.
* Borrowing money or selling possessions to gamble: Resorting to extreme measures to fund gambling activities.&#x20;
* Lying about gambling habits: Hiding the extent of your gambling from friends, family, or colleagues.&#x20;
* Feeling distressed when unable to gamble: Experiencing anxiety, irritability, or restlessness when not gambling.&#x20;
* Chasing losses: Trying to win back money lost through gambling by continuing to gamble.

### Tips for Responsible Gambling

Here are some tips to help you gamble responsibly:

* Set a Budget and Stick to It: Decide on a fixed amount of money that you can afford to lose and do not exceed this limit.&#x20;
* Set Time Limits: Allocate a specific amount of time for gambling and stick to it. Take regular breaks to ensure you are not spending too much time gambling.&#x20;
* Balance Gambling with Other Activities: Ensure that gambling does not become your only pastime. Balance it with other enjoyable activities.&#x20;
* Never Chase Losses: Accept losses as part of the game. Do not try to win back lost money by continuing to gamble.&#x20;
* Avoid Gambling When Upset or Stressed: Gambling should not be used as a way to escape from stress or emotional problems.&#x20;
* Know the Odds: Understand the odds of the games you play and remember that gambling outcomes are based on chance.

### Get Help

If you need help, there are many resources available:

* Counseling Services: Seek professional counseling services. Use our local support directory to find help in your area.&#x20;
* Online Resources: Websites like the ones listed below offer valuable information and support for those struggling with gambling.

  * <https://www.gamblingtherapy.org/>
  * <https://www.gambleaware.org/>
  * <https://keepitfun.rank.com/>


# Underage & Minors

You must be 18 years of age or older, or have reached the legal age for gambling in your jurisdiction. You must comply with all applicable laws and regulations related to gambling in your jurisdiction.

We recommend that if you have any minors living in your household, you review the following parental control software links, which may be useful tools for controlling and restricting the content accessible on your devices.

* ​<https://www.netnanny.com/​>
* ​<https://www.cyberpatrol.com/>


# Anti-Money-Laundering (AML) Policy

### Our Commitment

We are dedicated to ensuring our systems are not exploited for money laundering, terrorist financing, or other illicit activities. To uphold this commitment, we take the following actions:

## General Provisions

We are fully dedicated to implementing measures that prevent money laundering and combat terrorist financing. We recognize our social responsibility in ensuring our systems are not used as tools for criminal activity.

We strive to remain updated on the latest prevention measures to safeguard our organization, its operations, and its reputation.

Our policies and procedures are designed and continuously updated to comply with relevant laws and regulations.

As a provider of online games of chance, we are required to maintain adequate practices and procedures to prevent our systems from being used for money laundering or funding terrorist and criminal activities.

## Customer Due Diligence

We will implement appropriate customer due diligence measures as required by law, including the use of identifiers.

If a customer's risk profile changes due to 'red flags', we will conduct enhanced due diligence. This includes verification through personal documents, publicly available data, privileged information from other operators and sources, financial or corporate data, and third-party data providers.

We have a duty to monitor all customer relationships in accordance with industry best practices, international recommendations, and guidelines.

Any suspicious transactions or circumstances potentially related to money laundering and terrorist financing will be reported to the relevant law enforcement authorities.

If due diligence checks cannot be completed, we will suspend the business relationship until all checks are satisfactorily completed.

## Cryptocurrency Transactions

The company reserves the right to perform additional background and security checks for customers wishing to deposit or withdraw using cryptocurrencies. In cases of suspicion, the company may suspend the customer account and request additional due diligence documentation.

If we cannot verify the customer's identity or the source of funds, the matter will be referred to the management board and service provider for review and final decision.

If the decision is to terminate the relationship, any retained customer funds will be held in a seized funds account and declared in any suspicious activity report made to law enforcement.

## Reporting Suspicions

We are obligated to report any unusual or suspicious transactions. Identifying a customer on a sanctions list, linked to money laundering, financing of terrorism, or other criminal activity, may necessitate submitting a formal suspicious activity report to law enforcement.


