#1 Beta Platform Updates

Hey UBettor 👋

The Qatar 2022 FIFA World Cup had arguably the best group stage in World Cup history, – extra-time match tensions, upsets by underdogs, and the elimination of some tournament favorites. It has also been made more exciting by the UBET betting tournament. How have your bets fared thus far, who are your picks for the knockout stages, and where do you stand on the leaderboard? 

What's your score? UBET Metric

We noticed that many UBettors are curious to know how players are ranked on the UBET leaderboard. Do not worry, we have got you covered with an article on how the leaderboard is determined, here's a quick rundown.

How are points calculated? 
The ranking is sorted based on Points. The point factors into account your return on investments and confidence score We present five stats in UBET leaderboard, which are defined as follows:

  • Losses — number of losses

  • Wins — number of wins

  • Profit — the amount of capital earned from betting

  • Total Bets — the total amount of bets

  • Points — the return of investments factored with the number of total bets (see the details below)

The point metric is fundamentally based on the return on your bets, which is independent of your starting capital to ensure fairness. Number of bets is also considered to ensure your winnings are not a fluke.

You can see the details of the formulation and the explanation from the full article here 

Beta Platform Updates 📲

We appreciate everyone who joined the alpha testing and help us find and resolve bugs in UBET platforms. You are the true UBettors!  Because of your bug findings, we were able to resolve the following issues and update our platform:

  • Markets were missing over the weekend but they are re-appearing again

  • Spain vs Germany and South Korea vs Ghana bets are finally settled!

  • Total historical bet transaction listing increased to 500.

  • “My bets” page redeem button is disable while other redeem transaction pending

  • Fixed missing open and settle bets 

  • Fixed bet slip remove prefix zero

  • World cup banner integation

  • Update on create market smart contract for batch deployments

FIFA world cup fun facts 🤪

Al Rihla, the official match ball for the Qatar 2022 World Cup, is a hi-tech football made by Sialkot for Adidas. It has a 14-gram sensor that enables real-time tracking and pinpointing of its precise location at any given time during play. Additionally, when a ball flies out of bounds during play and a new ball is thrown or kicked in to replace it, the backend system automatically switches to the new ball's data input without requiring human intervention.

If you haven't already signed up yet, please show the following procedure

1. Create an account at testnet.ubet.exchange

2. Copy your address and share it to UBET Discord

3. Wait for UCKS to be airdropped

4. Start placing bets!

We have a step-by-step video guide for the above process. Click here.

That's all for now, Ubettors

We look forward to interacting with you at UBET Discord!

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#2 World Cup 2022 leaderboard ranking!