Bitcoin is Back for Crypto Betting
2020 was a huge year for the crypto gambling sector. It was a bad year for the world on the whole, but as more people stayed home and looked for ways to pass the time, online casinos and sportsbooks stepped in. In 2020, we saw more crypto casinos launch than ever before. New crypto games also hit the market every single week—or so it seemed—and things were on the up. The growth continued into 2021 and then hit a roadblock of sorts as Bitcoin reached record highs and then saw its value drop by half. But the growth has restarted in the last month or so and crypto casinos are set for a bumper....
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There is no shortage these days of what you can do with your cryptocurrency; you can buy, sell, spend, borrow, and much more. But one of the more exciting crypto application niches is betting. It is no secret that people love betting, given that it is a billion-dollar global industry. But what happens when betting is given an innovative crypto touch? The answer is Zikbo, a crypto betting and sports gaming platform. The company has made waves for its unique algorithm which allows users to play fixed bets, bet against each other, bet on events, and many more. We speak with Richard Brooks,....
The UK Financial Conduct Authority (FCA) has proposed stricter rules for Contract for Difference (CFD) products which include financial spread betting. While illegal in the US, spread betting is legal in the UK. Bitcoin spread betting is available through some of the country’s largest CFD operators, such as IG Group. What is Spread Betting? Spread....
Just days after SatoshiDice sold for almost $12 million, another bitcoin-based online betting site has started up, but with a key difference. Bitbetex is a peer-to-peer betting system, that allows anyone to bet on anything with someone else. Currently in beta, the site works by allowing someone to offer a bet on pretty much anything (in the explainer video, someone bets on the outcome of a football match with Spain). When offering a bet, a person also chooses the odds. They can either back a bet (betting that something will happen), or they can lay a bet (betting that something won't....
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,....
Martingale betting is a class of betting strategies that originated in 18th century France which can turn any game, whether blackjack, roulette or anything else, ideally something played in short, discrete rounds with a roughly 50-50 win/lose ratio, into one which gave the gambler an almost certain chance of success. The way the algorithm works is like this. Imagine that you are playing a simple slightly biased coin toss game where you can bet any amount of money and if you land heads (49% chance) you win and if you land tails (51% chance) you lose. First, you bet one dollar. If you win,....