02 March, 2024

Crypto Gamblers Earn BUSD Through Online Hamster Race Bets

7 months ago

21 Nov, 2023

Hamsters.gg, a unique online gambling platform launched last week, has bestowed crypto gamblers a stunning opportunity to earn cryptocurrencies, by betting on online hamster races. The crypto enthusiasts remain optimistic while the platform provides a novel experience of amassing cryptocurrencies amidst the prevailing bearish trends.

Hamsters.gg took to Twitter to share the surprising development in the industry, stating:

We are thrilled to announce the upcoming launch of the world’s first-ever Real Life Hamster Racing Gambling Platform! Get ready to immerse yourself in an unparalleled adrenaline-pumping experience!

According to a Twitter post shared by the prominent tweeter PZ (@badquant1), hamster racer CK has won only 8 races while losing 326 races. Other racers like Rocky and Buster have already drawn bets of up to $500 per race.

Hamster.gg claimed on its official website that the “hamsters are real and the bets are real”. While picturing the race, the website cited, “The hamsters are running on a track and the first hamster to cross the finish line wins”. Every few hours, the platform hosts races with a minimum of 1,000 viewers.

Reporter Sander Lutz shared a Twitter thread on July 21, incorporating a video clip of a custom-made racetrack:

As per the platform’s guidelines, four hamsters would be placed in the racetracks with automated doors. When the race begins the online gamblers with crypto wallets could bet any amount of Binance USD (BUSD) on a racing hamster according to their choice. When the race finishes, the individuals who accurately predicted the victorious hamster would be rewarded, and would split the pool of losing bets among themselves. However, 5% of all bets would be retained by the house.

It is notable that the races aren’t held live as it is viewed. Instead, a group of three developers pre-records the race, which marks a caveat. Nonetheless, the pseudonymous core developer of the platform Dani, clarified that the strategy has been implemented to tackle the possible inconveniences of a live stream. A live telecasting of the race could capture a clash, an untimely demise of the hamster, or a prolonged race.


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