I say in sports few big odds are a better perspective than accumulated small odds, especially when talking about tournaments. Predicting the outcome is difficult and making many bets with even small odds is, therefore, risky. At best, it will make you break even, at worst - more losses than wins. However, if you follow the games closely and a certain tendency can be seen, it’s better to take that chance, make one risky bet and grab the prize.

There is no single answer to this question. To whom? Investors, banks, the government - Bitcoin is an asset to them, they want it to be and they fear it becoming a widely used currency, thus, they collaborate and try to offer a misleading alternative - digital currencies, like Yuan.

For most people, it’s something in between. They want to make transactions without being traced, but, at the same time, accumulate Bitcoin and subconsciously wish for the price to grow to make a profit.

That’s something interesting, I wonder how the regulations will be handled in this case. As far as I understand, the decision about holding funds in crypto will be made by institutional investors, but what about their clients? Many people still feel skeptical about crypto, so what will they think of the funds security being somewhat dependent on crypto price volatility? If this decision isn’t taken well by people, the investors won’t risk it.

It depends on your place of residence, I guess, but generally, it is possible. In my country (and other countries in Europe, I assume) there are delivery services that allow you to order a delivery to a place not connected to your address. It’s basically can be something like a parcel cabinet somewhere in the street with a particular number and in order to get your order, you only need to know an exact delivery id number and tell the other party which delivery point is desirable for you.

This could be cool. I think this project can also be aimed at Miami tourists. Miami is one of the most popular places for holiday resorts among the richest people.

If all the tourists bought the MiamiCoin while their stay (can’t think of a reason enough, maybe this will be encouraged in the form of discounts and special offers, smth like that) this could give a good kick for the prices to rise and keep demand growing.

Later on, exterior investors from other parts of the world may become interested.

Though it may not seem like it, I think Gary Gensler is not trying to stand in a way of crypto adoption. He truly believes that strict regulations will make things better not only for investors but for the crypto market as well  

It’s too bad that people like this are in charge, the SEC has failed many times when it came to protection against frauds, and now they’re making a mistake, once again.

I wouldn’t risk it. If a certain casino has restrictions against a country, then they’re probably not okay with someone trying to find a way around this rule. If at some point you’re blown you can lose all your money.

All these bettors that wagered millions of $ are obviously very rich and banks (and casinos as well) give special treatments to clients that deposit such big money. I assume that money didn’t come from some illegal activity, otherwise yes, making such transactions would raise suspicions.

Also, it is possible that many of these large losses were made in some kind of tournaments, people play for real big money in those.

On the one hand, it’s sad to see that kind of money be spent on just one activity - gambling, and it makes one wonder why didn’t they spend it on travelling or other kind of fun instead. On the other hand, for these people might have been the most preferable form of entertainment and, basically, became their life and nothing else interested them. It’s their right to make such a decision, it’s only sad that so many stories didn’t end well

The consequences may be the same sometimes, but gambling companies still seem more ethical to me. All they want is to earn money by means of attracting people, and every business in the world is like that, in boxing, on the other hand, it’s not money that most people want (many watch just for fun, no betting involved), but the game itself.

I’m not saying that it’s ok to get people hurt for money, but at least there’s a purpose in there, maybe the companies even feel sorry at the end of the day In boxing people literally want one man to smash another, and they enjoy when that happens while getting nothing in return.

That is understandable. Right now people in El Salvador receive salaries in dollar and they have a choice: to convert in Bitcoin or use dollars, depending on the situation on the market. If they all just automatically get paid in Bitcoin and the salaries are fixed to amount in dollars - they won’t make much profit.

in addition, at the times of high volatility it would be impossible to adjust all the prices according to the current Bitcoin value, so one time a bottle of water can cost half of someone’s salary (hypothetically). People need to have a choice. Evading fiat completely isn’t a good plan.

I don’t think something like “gambling guide” is a real thing. Or even if there is one, it won’t be of much help. Gambling is best learned through practice and observation. E.g., in poker you develop your skills and sense of the game while participating, plus watching the famous gamblers playing in tournaments can be helpful, you can learn something from them.

You can use websites to familiarise yourself with the rules, basic terminology and popular strategies. I like this one: https://www.gamblingsites.org/

The interesting point is that cryptocurrencies are widely used in Ukraine by both common people and politicians, and the latter admire the anonymity and no taxes feature. I think that it would be fair to say that Ukraine may very much be among the top countries by crypto misuse.

The thing is, Ukraine is very corrupted and every other politician has unregistered money sources. Due to the recent law that requires full registration of all assets acquired by the Ukrainian politicians during the post occupation it is in their best interest to store assets anonymously, for which Bitcoin is the best option.

As a result, I think in the coming years Bitcoin will still be popularly used, but neither it will be banned, nor officially regulated.

In what way do cryptocurrencies coexist with banks? These are completely different systems, and nor they can, nor should coexist.
Cryptocurrencies can and, in fact, are functioning without governmental regulations in many countries, while still remaining at the status of legal (check wiki list for crypto legality by countries), only few impose bans or taxes.

Just recently Amazon denied the widespread assumption that they will accept Bitcoin as a payment method. However, it looks like they’re thinking of it as a possibility. I wouldn’t rely on anything Tesla has to say, because during the past half a year they’ve changed their mind too many times

Amazon, on the other hand, may be taking their time to make a decision and evaluate all the risks. But once they do, I’m certain it will be final and we won’t see them running between sides, because they value their reputation.

I think those areas that achieve full vaccination and overcome the pandemic will be at the front. China is at a great disadvantage right now, as the government hides real facts and will obviously refuse any help fron other countries, even if they need it. As a result, the pandemic might go on for a long time there. In addition, China has put itself in numerous political conflicts lately.

I can’t say for the US, the situation there looks somewhat unpredictable to me, but I see countries like Germany, Sweden, Switzerland to be the first ones to break through this and move on, owing to their good economy, healthcare and overall organisation.

1. There’s a partial and, IMO, optimal solution - live casinos. It offers interesting experience, something in the middle between online and physical, and no problems with crypto usage.

2. How do you imagine crypto bets implemented offline? You buy real chips with crypto? Then why don’t just use cash to avoid revealing ID? Or everyone sitting at the real table will be using phones to make bets?
And is there really a sense in it? I mean, you’re sitting in there, probably being recorded by cameras and it’s possible that your ID will be required as you enter, anyone can recognise you. So what’s the point?

Didn’t Binance register a separate exchange in the US that functions in accordance with the established regulations? Why don’t just people use that one instead rather than risk so much, tax evasion is a serious crime and the penalty isn’t worth the risk. Are taxes really that high?

Yeah, you have a point. I think a weekly report would be a nice feature. Sometimes I don’t remember the exact amount I had on balance and after I gamble I feel so happy about the winnings that I forget about the losses. Then I end up looking through the history and counting wins and losses. An automatic report would be so much easier.

While surveys don't guarantee anything and this yet doesn't mean people should by like crazy, it is still a good reflection of the overall attitude. But it says by 2026, a lot can change in 5 years, especially if we take into account factors that aren't even dependent on society (for instance, like pandemic).

I think we can still expect many ups and dumps over this period, maybe we'll even see $30k, there's no telling. But there's no doubt that in the long term investors will win.

It depends on personal preferences, not everyone thinks KYC is bad. But you're right that it makes no sense: why does that casino deal with crypto and, at the same time, requires KYC from everyone? In any case, it's good that the casino was straightforward about that and it didn't came out as a total surprise when you've won a ton of money and need to withdraw (which happens A LOT).

Be careful with that $200 bonus though, read the rules carefully, it seems like too much money to just give away to every user, there might be a rollover requirement or something of the sort.