Betting on the Blockchain: Sports Gambling and Bitcoin

Betting on the Blockchain: Sports Gambling and Bitcoin

Sports gambling in America is big business. It is also, largely, illegal. According to the National Gambling Impact Study Commission, nearly $400 billion is wagered on sports by United States citizens during a given year, with only $3.5 billion of those bets being placed at legal books in Nevada. With only one state offering legal sports betting, how is....


Related News

Authorities Going After Fantasy Sports Gambling, Blockchain to Step in?

If you’re a sports fan of any kind, then you’re probably familiar with the concept of fantasy sports. Advertisements by web-based prediction companies constantly bombard viewers during commercial breaks — you couldn’t get away from them even if you tried. It has become so bad that even some public figures have expressed their complaints about it, with....

Bitcoin Sports Betting Website Wins Positive Feedback: Take The Tour

Sports betting, one of America's favorite pastimes, might do more to popularize bitcoin among the general public in the short term than the improvements the cryptocurrency is bringing to the financial sector. According to one sports betting site review, a sports betting website that takes bets in bitcoin - Nitrogen Sports - is getting positive customer feedback. The Premier Bitcoin Betting Site. Sportsbook Review.com (SBR), an online review of sports betting sites, has posted a video tutorial about Nitrogen Sports, which it describes as the premier bitcoin betting website. The tutorial,....

1xBit Launches Revamped Bitcoin Sports Betting Platform

The upgraded 1xBit sports betting platforms offers a range of new features to its users. Read more... Online gambling community is gradually moving towards cryptocurrency based platforms. The ease-of-use combined with lowered barrier for transactions, and universal accessibility of cryptocurrencies makes it a winner among the masses. The increasing inflow of new customers has got Bitcoin gambling platforms to improve their offering continuously. 1xBit, an Australian Bitcoin-based sports betting platform has recently overhauled its entire platform to suit the user needs. The major upgrade....

Decentralized Sports Betting Can Be a Lucrative Hobby

There has been a massive wave of interest in betting globally and a rise in active members wagering on sports. Sports betting matches the casual sports fan against professional bookmakers, who do not get everything their way, unlike in genuine sports. It is, however, challenging yet exhilarating at the same time. Thanks to the introduction of online betting, it is now completely mobile. So… Is it possible to make money by betting on sports? Yes, it can be supremely lucrative. However, your earning potential is determined by your bankroll, risk tolerance, strategy, discipline, and,....

Powerbet.io – The Leading Bitcoin Sportsbook Provider

PowerBet.io is one of the companies who is expected to succeed. The site specializes in Sports Betting and covers a wide variety of sports, offering in-play betting, with more live events than any other bitcoin sportsbook. Today, Sports betting with Bitcoin is becoming a popular option for online betting. As the industry advances and more companies are joining the market, only a few will succeed as leaders in the Bitcoin gambling industry. PowerBet.io is one of the companies who is expected to succeed. The site specializes in Sports Betting and covers a wide variety of sports, offering....