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Americans wagered $140 million on the 2017 Super Bowl, but if sports betting was legal nationwide, that figure would have been closer to $5 billion, it’s believed. Save for a handful of states such as Nevada, sports betting is outlawed in the U.S., though a Supreme Court ruling last year looks set to change that. … Read more
The world of cryptocurrency seems to primarily revolve around distributed applications or dApps. Numerous ecosystems are competing for mainstream traction in this regard. The following six applications prove to be extremely popular on the Ethereum network. Even so, all of them cater to a very niche market at this time. IDEX (Decentralized Exchange) There is … Read more
Curaçao True Flip, the blockchain fair games developer, opens a business-to-business service with the launch of its new game, Magic Dice. Magic Dice is exactly as simple as it looks: five number ranges, five magic dice, a 100% safe algorithm of winning combinations, bets starting from 0,00004 BTC, and the chance of winning up to … Read more
Betting has existed for centuries, with the allure of making money combined with the thrill of testing one’s ability to predict the outcome of an event being among the biggest attractions. Some of the earliest casinos appeared in Italy in the 17th century, and since then, betting has taken advantage of new technology to lure … Read more
Just recently, news.Bitcoin.com reported on the trustless betting concept called Chainbet designed by the Electron Cash lead developer Jonald Fyookball. Since then, Chris Pacia performed the first atomic bet on the Bitcoin Cash network and now the project is seeing contributions from other developers as well. Now the programmers have revealed they have developed a … Read more
World Cup 2018 is here! For sports enthusiasts within the cryptocurrency space, there are a number of opportunities to combine both their passions. As blockchain technology enables individuals to connect with one another and events throughout the world in ways never before seen, there are a number of exciting opportunities to enjoy this year’s World … Read more
On Saturday June 9, the founder of the bitcoin cash-centric wallet Electron Cash, Jonald Fyookball, revealed that he had created an on-chain betting protocol called Chainbet. The 255 lines of code form a proposal that allows a simple coin flip type of bet, but the software could be designed to handle more complex on-chain betting … Read more
In the cryptocurrency ecosystem, the concept of prediction markets is a topical subject. There are a few projects in the works hoping to build decentralized prediction markets such as Augur and Hivemind. One particular project, although not fully ‘trustless’ at the moment, Fairlay, has been moving a staggering amount of volume over the past few … Read more
Australian authorities have announced that Bitcoin-based sports betting website, Justbet, is currently the subject of an investigation. The website represented itself as Australian by registering its domain in an Australian Island territory, however, Justbet’s IP address can be traced to Costa Rica. Also Read:The ‘Crypto-Heater’ Mines Digital Currency While Heating Your Home Bitcoin Betting Website … Read more
Revamping the online gambling industry as a whole will prove to be a major challenge. Wagerr thinks it can do exactly that, by bypassing the need for regulatory bodies and introducing direct user-to-user betting. The Wagerr Coin is also of great interest in this regard, as it will be the main currency for this decentralized ecosystem. … Read more
