The Non-Profit Sportsbook on the Blockchain. The first-ever non-profit sportsbook. Built on the Ethereum blockchain, profits will be redistributed back to the players instead of going to the house. WinFlow, a blockchain-based sports betting platform operating in a unique not-for-profit model, is set to launch its ICO crowdsale on March 27, 2018, under the guidance of industry veterans. After a year of research and development, the company is well underway in creating a blockchain-based betting platform that inherently offers an unprecedented level of security, transparency, and innovation to bettors and the industry as a whole. It is expected that WinFlow will quickly disrupt the traditional incumbents in the multi billion-dollar market.<br /> <br /> Traditional operating models result in the house raking significant profit from its players, but WinFlow intends to turn the tables. Instead of retaining the house rake, the platform will automatically redistribute the would-be profits to players through a transparent and secure Ethereum smart contract-based system. The company refers to this as the WIN Back Rewards program.<br><br><p>WinFlow is building the first ever not-for-profit online sports betting service powered by the Ethereum blockchain. WinFlow’s goal is to provide a semi-autonomous, trustless, and transparent sports betting environment that offers the best rewards program in the industry. In addition to these rewards and security benefits, WinFlow’s platform creates a completely new live betting experience via in-house developed play-by-play betting and multiplayer contests.</p><p>WinFlow aims to disrupt the traditional sports betting landscape by introducing a non-profit sports betting platform through its WIN Back Rewards Program - a systematic allocation of funds to users that would traditionally be held by a centralized operator. The platform utilizes blockchain technology to address critical issues that have plagued the industry for decades, such as, but not limited to, poor value offered by traditional sportsbooks, operator control over player wagers, and an overall lack of transparency. WinFlow will also address the lack of innovation in the live betting space, which has now surpassed pre-match betting in popularity, accounting for nearly 60% [1][2][3] of all betting action, by developing several new live wagering products.</p><p>By building on the Ethereum network and operating in a decentralized environment, WinFlow will empower sports bettors around the world with a platform that has no centralized operator to retain the profits generated by player wagering, provides an unprecedented level of bet transparency, guarantees player fund security, operates cost effectively, and fosters a trustless semi-autonomous platform.</p><p>The WinFlow team’s collective expertise and accomplishments in the fields of sports betting, data science and predictive modeling, and blockchain development gives the team an advantage to create a unique non-profit platform that will be superior to all existing offerings in both the traditional and blockchain settings.</p>