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21  Economy / Gambling discussion / Crypto Gambling and Fantasy Sports - A Gap in the Market? on: March 01, 2021, 01:40:00 PM
Being an avid fantasy sports player myself, I was a bit disappointed to see no crypto sportsbook offers fantasy sports betting.

There's a huge market for fantasy sports when using real money (DraftKings, IPL Fantasy Premier League) and even free games (Fantasy Premier League), but no crypto sportsbook has taken the lead and offered anything of the like.

Looking at the demographics of fantasy sports, it's predominantly played in countries where sports gambing is banned. For example, in USA and India fantasy sports get around gambling laws, allowing users to experience the thrill of betting. Does this mean people who are allowed to bet aren't too bothered by fantasy games? If so, I can see why crypto sportsbooks haven't put any effort in here. As they allow anyone anywhere to bet, customers would just head straight for the standard sports markets and there wouldn't be such a big appetite for anything fantasy related.

On the other hand, a critical market for crypto sportsbooks are places where sports betting is banned. One way to target such markets is to offer things they're more familiar with, for example fantasy sports markets and games.

Surely this is a big gap in the market which a sportsbook can pounce on? I'm surprised no one has of yet.

Do you think fantasy sports are just be a phase that have already peaked? Or are they hear to stay - and if so why are no crypto sportsbooks offering anything here?

If you're interested I did write a blog post going into greater detail about this here - https://bitedge.com/blog/fantasy-sports-with-crypto/
22  Economy / Gambling discussion / Re: Crypto Gambling Weekly on: February 26, 2021, 12:46:13 PM
Hi everyone!

This week's edition of Crypto Gambling Weekly is here - https://bitedge.com/blog/crypto-betting-weekly-26-feb-2021/

We're showing you how to get paid out early on soccer bets with one sportsbook, data behind a surge in crypto gambling and a few value bets to keep an eye on this weekend.

Any comments and feedback welcome!
23  Economy / Gambling discussion / Re: Crypto Gambling Weekly on: February 19, 2021, 11:56:02 AM
at first i thought this was like a gambling casino review but after reading further i realized that its more of/like a news and updates if what are the ins and outs in the crypto gambling industry . thats nice , not many are doing that. in regards with bitcoin , in my only opinion bitcoin is a good currency for gambling but not the best at the moment because price are increasing again at a whole another level and i expect that fees are gonna follow too . we should give credits to other cryptos aswell .

Yes, good point. There are a few altcoins which have lesser fees. Coins like DASH, LTC, EOS, Tron (etc) are great at the moment. The main sportsbooks are accepting these coins too which is a great move!
24  Economy / Gambling discussion / Crypto Gambling Weekly on: February 19, 2021, 08:57:22 AM
Hi everyone,

Gambling through sportsbooks and casinos seems like a great use case for Bitcoin (and other cryptos) at the moment.

It allows people from countries with strict gambling laws to play with no worry of punishments. It also allows successful gamblers to play without account restrictions placed on them - as they would get at fiat sportsbooks - and a whole host of other benefits.

As this sector is growing fast, I thought I'd write a weekly update about the developments in the crypto sportsbook/casino world.

Feel free to check it out and let me know your thought (there are a couple bets to follow in there too, if that's your thing) - https://bitedge.com/blog/crypto-betting-weekly-19-feb-2021/

Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?

Thanks!
25  Economy / Gambling / Re: Primedice.com | Creators of Dicing 🎲 | 60+ Billion Bets | 113+ BTC Jackpot! on: January 29, 2021, 10:14:01 AM
Prime Dice's Jackpot, in case you weren't aware, gives you the chance to win a large amount by rolling 77.77 twice consecutively. I was wondering whether this could turn out to be statistically profitable in the long run?

I found some really nice research, which will explain the whole process of working it out and the setting to use, if you're interested:
https://bitroll.com/crypto-dice-guide/your-chance-of-winning-the-primedice-jackpot/

Basically, it looks as though the jackpot as to hit a pretty high amount before you can be guaranteed profit.

Have any of you guys ever managed to win the jackpot?
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