To what extent can sport be strengthened with cryptocurrencies

[livingfree]

Through sponsorships, sports bookies, accepting salaries in the form of cryptocurrencies. These are some of those use cases that can be applied to any sports.

If you haven't seen it yet, there are a lot of sports book already that have been sponsoring teams and individual in different sports of their niche.

[uneng]

Crypto currency proportionates more accessibility to sports through sports betting and help to promote them in countries where crypto is popular, but some sports aren't. For an example, let's say you are deeply inside crypto universe and sports betting and you see some sports that aren't popular in your country on a crypto gambling platform. But since it's popular in crypto universe, you become used to it after a while and even start betting on the sport. So we can conclude crypto currency helped to promote that respective sport to a new group of people.

[TimeTeller]

Through sponsorships, sports bookies, accepting salaries in the form of cryptocurrencies. These are some of those use cases that can be applied to any sports.

If you haven't seen it yet, there are a lot of sports book already that have been sponsoring teams and individual in different sports of their niche.

This is true, we have seen several sportsbooks here that are already sponsors of some sports like sportsbet or stake.
With this sponsorship, some of the solid fans will come to know the existence of crypto, and they might even use those bookies to bet.
One way or another, sponsorship is great in the marketing aspect of the crypto casino.

And also, some athletes are now accepting their salary (or a part of it) in bitcoin.
And I believe,  this number will increase in the coming years.

https://www.buybitcoinworldwide.com/athletes/
Russell Okung
Trevor Lawrence
Sean Culkin

[magneto]

Given the fact that crypto companies such as Stake are actively endorsing atheletes now, I'd say that the influence of crypto is only going to continue to grow in the sporting world.

I remember that a few NBA players including Spencer Dinwiddie also pledged to convert all of their salary into BTC as soon as they receive it. Which would both generate media attention and actual demand for cryptos.

I would say that it will be only a matter of time before crypto sportsbooks/casinos become so widespread and adopted due to their convenience that traditional ones simply cannot compete anymore and thus the majority of sports sponsorships will be replaced with crypto brands. Bet365, William Hill, etc. will probably start accepting crypto soon too as regulations continue to be clarified.

[nitrobetting]

I think a lot of athletes have shown some love to Bitcoin. Israel Adesanya has become an ambassador of Stake.com because of Bitcoin.  Russell Okung, a Carolina Panthers offensive tackle, became the first NFL player to receive a salary in BTC.

With BTC's surge in popularity, its adoption to sports will inevitably rise. We will likely witness more clubs break into sponsorships with bitcoin-related firms. That means more clubs will take the shift to use BTC as their payment method for players' wages and transfers. Bitcoin's future in sports is bright and as a sports bettor, this is exciting and thrilling to be a part of.

[rhomelmabini]

we are in times when the blockchain through cryptocurrencies is entering a new moment for sports, before which and how far will we advance in this new scenario?

Until there are gamblers who want to bet onto something and until there's gambling site that still operates, it will still be strengthen all along. Meanwhile, I guess I'll send it here for more information regarding crypto gambling history: https://bitcoincasinosreviews.com/history-of-crypto-gambling-infographic/

[livingfree]

Through sponsorships, sports bookies, accepting salaries in the form of cryptocurrencies. These are some of those use cases that can be applied to any sports.

If you haven't seen it yet, there are a lot of sports book already that have been sponsoring teams and individual in different sports of their niche.

This is true, we have seen several sportsbooks here that are already sponsors of some sports like sportsbet or stake.
With this sponsorship, some of the solid fans will come to know the existence of crypto, and they might even use those bookies to bet.
One way or another, sponsorship is great in the marketing aspect of the crypto casino.

And also, some athletes are now accepting their salary (or a part of it) in bitcoin.
And I believe,  this number will increase in the coming years.

https://www.buybitcoinworldwide.com/athletes/
Russell Okung
Trevor Lawrence
Sean Culkin

And the acceptance of payment in bitcoin by these known athletes will help to give bitcoin more exposure overtime.

The trust from their fans will also be taken by them because they have initiated it and accepted being paid in bitcoin. That's a wise decision for them and AFAIK.

When they've accepted salary in bitcoin, it's before the bull run.

[Fredomago]

And the acceptance of payment in bitcoin by these known athletes will help to give bitcoin more exposure overtime.

The trust from their fans will also be taken by them because they have initiated it and accepted being paid in bitcoin. That's a wise decision for them and AFAIK.

When they've accepted salary in bitcoin, it's before the bull run.

yeah right, that acceptance will let the fans to learned or be interested with Bitcoin, knowing that those players are supporting Bitcoin and they are more than willing to accepts sponsors payments by means of this cryptocurrency,

That brings attentions and possible new investors that will begin to realized the potentials of this investment currency,

Along the way it will provide good help that more acceptance will follow within sports industries and crypto services.

[livingfree]

And the acceptance of payment in bitcoin by these known athletes will help to give bitcoin more exposure overtime.

The trust from their fans will also be taken by them because they have initiated it and accepted being paid in bitcoin. That's a wise decision for them and AFAIK.

When they've accepted salary in bitcoin, it's before the bull run.

yeah right, that acceptance will let the fans to learned or be interested with Bitcoin, knowing that those players are supporting Bitcoin and they are more than willing to accepts sponsors payments by means of this cryptocurrency,

That brings attentions and possible new investors that will begin to realized the potentials of this investment currency,

Along the way it will provide good help that more acceptance will follow within sports industries and crypto services.

At the side of sponsors, it's going to be more with the crypto casinos because it's part of what they're advocating and that's a direct relationship to what they've decided to accept on.

But as long as the sponsors are coming to them whether to pay with bitcoin or not, the exposure that they give to their fans is wide and vast to also educate about what they've accepted.

[tippytoes]

Through sponsorships, sports bookies, accepting salaries in the form of cryptocurrencies. These are some of those use cases that can be applied to any sports.

If you haven't seen it yet, there are a lot of sports book already that have been sponsoring teams and individual in different sports of their niche.

Sponsorships is one of the major aspects that crypto can be involved. Just like what we have seen already, some popular sportsbooks here in the forum are already sponsoring some events like stake as the UFC Official Betting Partner and TT Cup, and sportsbet as partner of Arsenal FC, Southampton FC and Flamengo. I think, in the next coming years, more casinos will sponsor athletes/events, even if it is just a one-time deal. These leagues or athletes will be the reason why some of their fans will get to know the existence of crypto casinos or websites.

[Obito]

I think a lot of athletes have shown some love to Bitcoin. Israel Adesanya has become an ambassador of Stake.com because of Bitcoin.  Russell Okung, a Carolina Panthers offensive tackle, became the first NFL player to receive a salary in BTC.

With BTC's surge in popularity, its adoption to sports will inevitably rise. We will likely witness more clubs break into sponsorships with bitcoin-related firms. That means more clubs will take the shift to use BTC as their payment method for players' wages and transfers. Bitcoin's future in sports is bright and as a sports bettor, this is exciting and thrilling to be a part of.

Athletes are a really good way to promote cryptocurrency, hopefully some crypto gambling website will have a place on Ronaldo or Ibrahimovic in the future because football is a big market that has a potential to bolster the increase in the prices of many cryptocurrencies.

[Kittygalore]

If major crypto sportsbook do sponsor like what Stake did with Adesanya in UFC, I think that's the only way that crypto can bolster sports, through sponsorship and the adoption of players of cryptocurrencies themselves.

[livingfree]

Through sponsorships, sports bookies, accepting salaries in the form of cryptocurrencies. These are some of those use cases that can be applied to any sports.

If you haven't seen it yet, there are a lot of sports book already that have been sponsoring teams and individual in different sports of their niche.

Sponsorships is one of the major aspects that crypto can be involved. Just like what we have seen already, some popular sportsbooks here in the forum are already sponsoring some events like stake as the UFC Official Betting Partner and TT Cup, and sportsbet as partner of Arsenal FC, Southampton FC and Flamengo. I think, in the next coming years, more casinos will sponsor athletes/events, even if it is just a one-time deal. These leagues or athletes will be the reason why some of their fans will get to know the existence of crypto casinos or websites.

True.

It's a vast audience that their sponsorship is bringing to the market. They get to be popular because those sponsors are being brought by the leagues or athletes that they support.

And those athletes and leagues fans get to know more about cryptocurrencies too as they visit those bookies.

[paxmao]

There can be some elements of cryptocurrencies that are linked to sports. As of now, clearly betting with crypto is perfectly feasible and you can potentially use any platform that uses crypto from anywhere in the world without exchanging your fiat nor anything, so that helps with the betting part. However, there are other things that could be better such as paying players with crypto that does not require, again, being exchanged. Also rewards in crypto for gaming are trustless and they can become an worldwide method for salaries. And the last bit I can think of is for on-line gaming sports or eSports that seem only but natural to have crypto as currency.

[Oshosondy]

There can be some elements of cryptocurrencies that are linked to sports. As of now, clearly betting with crypto is perfectly feasible and you can potentially use any platform that uses crypto from anywhere in the world without exchanging your fiat nor anything, so that helps with the betting part.

This is what I like most about betting with cryptocurrencies, it makes me bet beyond the betting sites in my country. There was a time I tried betting sites outside my country, but fiat payments make the thing not simple at all according to government rules having just limited amount to deposit monthly, unlike crypto that I can withdraw what I like anytime I like and still exchange to fiat anytime I like, there are many government rules that make sure fiat does not go beyond their country, this is good, but having alternative like cryptocurrencies makes it better, giving freedom to people. I like the easy crypto payment and the freedom it gives.

[Rruchi man]

Although, the adoption of cryptocurrencies in sports is only just beginning,I can say that the future is bright. In recent times, cryptocurrencies are already proving to be a crucial part of the sports industry. For example, Fan tokens gives sports fans the ability to be able to influence certain decisions made by their favorite club. So basically, fans hold their club tokens can vote over decisions such as training grounds, kit designs, or charity initiatives. Amazing isn't it? This in itself creates a sense of ownership. Additionally, sponsors have been attracted to sports all thanks to its introduction to the sports world. We have also seen the monetization of fan engagement as discussed earlier. There's only so much cryptocurrency can do in the world of sports and it's just getting started.

[Fesatmas]

we are in times when the blockchain through cryptocurrencies is entering a new moment for sports, before which and how far will we advance in this new scenario?

The biggest impact crypto currencies have on sports at the moment is through  gambling. A lot of bookmakers switched to crypto currencies and many of us gamblers are using the fast and easy way to pay and withdraw in cryptos. The demand for crypto sport betting will likely keep rising with the crypto prices.

Well, I see it very clearly crypto being one of the biggest drivers today in gambling in several sports, of course it gives some support how to add several other sports to register on various gambling sites. Especially when their game has become the main attraction. crypto is becoming a proponent of sports betting. Even betting on crypto during the match between Italy and England, the funds spent in crypto are big enough for all gamblers.

[Alisha-k]

Crypto currency has gotten it's was into sports betting since 2010 and more are creeping in gradually making it even more competitive. To strengthen crypto currency more in sporting activities could also involve paying sports men/women in crypto currency other than the regular fiat and as such crypto currency would be strengthened

[AmoreJaz]

There can be some elements of cryptocurrencies that are linked to sports. As of now, clearly betting with crypto is perfectly feasible and you can potentially use any platform that uses crypto from anywhere in the world without exchanging your fiat nor anything, so that helps with the betting part.

This is what I like most about betting with cryptocurrencies, it makes me bet beyond the betting sites in my country. There was a time I tried betting sites outside my country, but fiat payments make the thing not simple at all according to government rules having just limited amount to deposit monthly, unlike crypto that I can withdraw what I like anytime I like and still exchange to fiat anytime I like, there are many government rules that make sure fiat does not go beyond their country, this is good, but having alternative like cryptocurrencies makes it better, giving freedom to people. I like the easy crypto payment and the freedom it gives.

this is one of the perks of crypto sportsbooks/casinos. if you have your crypto, you can bet in a lot of sites without worrying even the KYC reqmts. there are so many restrictions when it comes to fiat-based bookie and one thing is the KYC reqmt.

Crypto currency has gotten it's was into sports betting since 2010 and more are creeping in gradually making it even more competitive. To strengthen crypto currency more in sporting activities could also involve paying sports men/women in crypto currency other than the regular fiat and as such crypto currency would be strengthened

there are some athletes already that are accepting crypto payments already -
Saqoun Barkley 
Russell Okung
Trevor Lawrence  
Sean Culkin

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[robelneo]

True.

It's a vast audience that their sponsorship is bringing to the market. They get to be popular because those sponsors are being brought by the leagues or athletes that they support.

And those athletes and leagues fans get to know more about cryptocurrencies too as they visit those bookies.

It's a win-win situation for all parties involved like the Cryptocurrency gambling sites, the sports organizations, and the fans, Crypto based gambling sites are sponsoring sports events like MMA and other sports events so they can promote their company, they are pouring money into these sports events and sports events are giving fans great matches and full coverage, we will see more partnerships in the future the sporting events are growing and so is the Cryptocurrency.