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Why Major Sports Leagues are Embracing Crypto Betting?

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Crypto Betting

Major sports leagues and players are embracing crypto, and it can no longer be ignored as the industry has become a booming business, bringing massive changes.

A Bitcoin payment provider called BitPay sponsored the St.Petersburg Bowl in 2014, a college football game on ESPN. Although it was not a major sports league, it certainly marked a great milestone as one of the first crypto sports deals in the world. In 2021, cryptocurrency entered the national football league as the NY Giants became the first team in the league with a cryptocurrency sponsorship that partnered with the leading Grayscale Investments. This article delves into the key reasons behind the increasing adoption of crypto sports betting by major leagues.

Evolution of Leagues in Crypto Sports Betting

While football is the only sport that started the crypto trend of sponsorships in 2021, it soon became a prominent aspect of the sports industry. Portland Trail Blazers, an NBA team, announced its partnership with the cryptocurrency cashback app, StormX. In 2021, Miami HEAT also signed the exclusive naming rights deal with FTX, a leading cryptocurrency exchange, after that renamed the home stadium to FTX Arena. It was a 19-year deal worth a whopping $35 million. After this, the crypto exchange signed the largest sponsorship in virtual currency after partnering with MLB (Major League Baseball) in a 5-year deal in June 2021. With this,the best crypto sportsbooks also became very popular.

To date, payment providers and crypto exchanges have made a bulk of sponsorships in the sports industry that highlights substantial crossovers between cryptocurrency adoption and sports fans. Athletics and teams are starting to accept payments in crypto, and the organization is allowing ticket purchases with digital currencies. Oakland A, an MLB team, offered a full-season suite for 1 BTC in 2021. Based on a 2017 study by the Sports Business Journal, an average MLB fan was in the age group of 50 to 57. Crypto sports betting organizations can expect to see more cryptocurrency sponsorships as a great opportunity of attracting younger fans.

Major Sports Teams Embrace Crypto Betting

Let’s look at the major sports teams that have embraced cryptocurrencies:-

1) Sacramento Kings: As the crypto fever has reached its all-time high, popular sports leagues and teams have started accepting crypto, and Sacramento Kings is one of them. It is the first professional NBA franchise to allow its fans to bet in Bitcoin, through which many fans indulged with sportsbooks that accept Bitcoin sports betting. They also plan to expand crypto payment methods to NBA merchandise and various other products.

2) Tennessee Titans: In April 2021, Tennessee Titans became the first NFL team to accept crypto for tickets, sponsorships, suites, and PSLs. The NFL team already has the biggest crypto fans willing to bet on them. They are betting with crypto using the best crypto sportsbooks on one of the most popular leagues in the world. Tennessee Titans have also partnered with a Nashville-based virtual asset fund, UTXO Management, and Bitcoin Magazine to adopt cryptocurrency further.

3) Oakland Athletics: A popular baseball team, Oakland Athletics, has been accepting virtual currencies to sell their tickets and has reached a milestone. It sold a full season suite for 1 BTC in 2021, and all the purchases were made in crypto. Voyager Digital, a publicly traded cryptocurrency platform in New York, bought a 6-person suite with the most convenient, fastest, and hassle-free experience. The fans and organizers of the team also enjoyed the benefits of crypto.

4) San Jose Sharks: Another popular NHL team, San Jose Sharks, is embracing crypto such as Bitcoin, Doge, and Ethereum. These coins are being used to sell tickets and partnerships in leases. San Jose Sharks is also planning to expand its crypto payments for merchandise, concessions, and single-game tickets.

5) Dallas Mavericks: An impressive basketball team, the Dallas Mavericks, is all ready to accept crypto for purchasing tickets, merchandise, and much more. They currently use Bitcoin to make different payments and are looking forward to accepting Dogecoin.

Rise of Crypto and NFTs in Sports

Blockchain technology, smart contracts, and cryptocurrencies add value to sports teams, athletics, and fans in the form of Non-Fungible Tokens or NFTs. These digital assets allow creators to tokenize collectibles, digital art, or other digital assets on the internet. They have enhanced collectibles since blockchain technology provides for scarcity and provable ownership. The NBA successfully uses NFTs due to its great involvement in NBA Top Shot, a virtual collectible card platform. The game is developed on FLOW, allowing users to trade, buy, and sell NFT payments and store them in crypto wallets run by the blockchain network. The platform has witnessed massive success since it started with 1 million users in 2022.

In Europe, soccer teams are also benefiting from the crypto NFTs. Sorare, a fantasy game, has attracted many licensing partnerships with major European teams, including AC Milan and Real Madrid—players in the game act as managers who assemble teams of soccer NFTs on the ETH blockchain. The teams are ranked depending on the players’ performances on the real-world pitch, similar to the traditional fantasy soccer games. Sorare NFTs sell for astonishing prices but not as high as the NBA Top Shot. The one-of-a-kind NFT of Cristiano Ronaldo sold for a whopping $290,000 in March.

Conclusion                          

The sports industry has increased crypto usage, where athletes receive crypto payments. This scenario would have been unimaginable even three years ago. The world is already where it is no longer possible to ignore the potential of crypto, blockchain, and NFTs in the sports industry. Sports organizations and teams believe in this technology and the fact that blockchain will find its stage within the global financial systems.

As Blockchain, crypto, NFTs, and Web3 march through their initial phases, we can only expect to see more people from the sports industry accept digital payments as the technology evolves. People indeed value control, speed, and safety, which crypto certainly provides, and this can explain why there has been a rise in the demand for crypto payments among sports players and teams around the world.

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TechInsiderz.com Gadgets: A Hub for the Latest Gadgets and Technology Trends

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TechInsiderz.com Gadgets

In today’s fast-paced digital world, staying updated with the latest gadgets and technology trends is essential. TechInsiderz.com serves as a one-stop destination for tech enthusiasts, providing in-depth reviews, news, and insights into the ever-evolving tech landscape. Whether you’re looking for the newest smartwatch, the best home automation devices, or the latest advancements in AI-driven gadgets, TechInsiderz.com Gadgets keeps you informed with reliable and well-researched content.

The Most Exciting TechInsiderz.com Gadgets on the Market

Technology is evolving rapidly, and new gadgets are constantly being introduced to enhance our daily lives. Some of the most exciting categories of gadgets include:

Wearable Technology

Wearable devices have become an integral part of modern life, offering a combination of convenience, health monitoring, and smart connectivity. Innovations in smartwatches and fitness trackers have made it easier to track fitness goals, monitor heart rates, and even detect irregularities in health conditions. Additionally, augmented reality (AR) glasses are transforming industries by integrating virtual elements into real-world environments, opening doors to new possibilities in gaming, education, and professional fields.

Smart Home Devices

Smart home technology is revolutionizing the way people manage their living spaces. From voice-controlled assistants like Amazon Alexa and Google Home to advanced security systems with AI-powered facial recognition, smart home devices provide enhanced convenience and safety. Home automation tools such as smart thermostats, lighting systems, and robotic vacuum cleaners further streamline daily tasks, making homes more energy-efficient and user-friendly.

Entertainment & Audio Gadgets

The demand for high-quality audio and visual experiences continues to grow. The latest wireless earbuds and noise-canceling headphones now offer crystal-clear sound, while advancements in home theater systems are bringing cinematic experiences to living rooms. Innovations in 8K televisions, portable projectors, and surround sound systems ensure that entertainment lovers can enjoy immersive experiences with the best technology available.

Key Factors to Consider Before Buying a TechInsiderz.com Gadgets

With so many gadgets on the market, choosing the right one can be challenging. Here are some key factors to consider before making a purchase:

Identifying Personal Needs

Understanding your specific requirements is crucial before investing in a new gadget. Are you looking for a smartwatch to monitor your fitness, or do you need a powerful laptop for work? By clearly defining your needs, you can narrow down your options and select a gadget that best fits your lifestyle.

Comparing Features and Specifications

Every gadget comes with unique features and specifications. Before making a decision, it’s essential to compare different models and brands. For example, when buying a smartphone, factors such as battery life, camera quality, processing speed, and display technology should be considered.

Budget vs. Value

Price is an important factor, but it’s also crucial to assess the value of a gadget in relation to its features. A higher price does not always mean better quality. Many budget-friendly gadgets offer excellent performance and reliability without breaking the bank. Look for a balance between affordability and functionality.

Checking Expert Reviews and User Feedback

One of the best ways to determine a gadget’s reliability is by reading expert reviews and user feedback. TechInsiderz.com provides detailed reviews based on hands-on testing, helping consumers make well-informed decisions. Additionally, checking customer reviews on e-commerce platforms can give insight into real-world experiences with a particular gadget.

Emerging Trends in the Tech World

Technology is constantly evolving, with new trends shaping the future of gadgets. Some of the key emerging trends include:

The Role of Artificial Intelligence in Gadgets

AI-powered gadgets are becoming increasingly sophisticated, offering smarter solutions for everyday use. From AI-driven personal assistants to smart cameras with facial recognition, AI integration is enhancing automation, personalization, and efficiency in various devices.

Eco-Friendly and Sustainable Tech

As environmental concerns grow, the tech industry is shifting towards sustainable and eco-friendly gadgets. Many companies are now focusing on developing energy-efficient devices, using recyclable materials, and reducing e-waste. Solar-powered gadgets and biodegradable tech accessories are gaining popularity among environmentally conscious consumers.

Health and Wellness Innovations

Health-focused technology is on the rise, with smart wearables playing a crucial role in monitoring physical and mental well-being. Devices with features like blood oxygen monitoring, stress tracking, and sleep analysis are helping users take proactive steps towards a healthier lifestyle. In addition, AI-powered diagnostic tools and remote healthcare devices are making healthcare more accessible and efficient.

Conclusion

TechInsiderz.com is a valuable resource for anyone looking to stay ahead in the world of technology. By providing comprehensive gadget reviews, insightful articles, and expert recommendations, the platform helps consumers make informed decisions about the latest tech products. With continuous advancements in AI, sustainability, and health-focused technology, the future of gadgets is more exciting than ever. Whether you’re a tech enthusiast, a casual user, or someone looking for the best gadgets to enhance your daily life, TechInsiderz.com ensures you stay updated with the latest innovations in the industry.

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Blackjack: Need to Know

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Whether you know this simple but highly entertaining card game as Blackjack, 21, or Pontoon, the chances are high that you’ve played at least once in your life. The most widely played casino banking game in the world, Blackjack has become synonymous with the glitz and glamour of the casino, while the contentious act of card counting in the game has been dramatized in countless Hollywood releases. Readers will likely have some understanding of the basics of the game. However, many will be unaware of the more complex strategies that can be employed to increase their chances of success at the table. Here, let’s start from the beginning and lay out all you need to know to enhance your skills and transform from a novice to a pro.

Basic rules

When compared to many other casino card games, the concept of Blackjack is incredibly straightforward. The basic premise of the game is for the players at the table to make a hand that beats the dealer’s hand – the only caveat being that the hand cannot exceed a total value of 21. If a player exceeds 21, they go bust and lose the game. To understand how to make sure you don’t bust out, a guide to Blackjack card values is helpful:

  • Number cards – the value of all number cards (2 through to 10) corresponds to the number on the face of each card. For example, the two of hearts will have a value of 2.
  • Face cards – the Jack, Queen, and King all have a value of 10.
  • Ace – the ace has two possible values dependent on which better benefits the current hand of the player. An ace can have a value of 1 or 11.

Game run-through

Now the values of the cards are understood, let’s run through a game:

  1. If playing for money, the first thing players will do is place their bets into the betting circle on the table.
  • After bets have been placed, the dealer then deals each player at the table two cards, as well as dealing two for himself – one card face up and the other face down.
  • At this point, each player must make a decision. Do they:
  • Hit – take another card and increase their current total.
  • Stand – if a player is happy with their total, they can pass on an extra card and end their turn.
  • Double down – if a hand looks strong but requires an additional card, a player may choose to double their bet before being dealt an extra card and standing.
  • Split – if a player happens to be dealt a pair, they may choose to increase their wager, and in turn, the dealer will split their cards into two hands. This can also be done with differing face cards, such as a Queen and King, as they have the same value.
  • Once all the players have made their move, the dealer will then reveal their face-down card. If their total value is below 17, they must continue hitting until at least 17 is reached. If their total is 17 or higher, they must stand.

Therefore, a player wins either if they have a total higher than that of the dealer or if the dealer exceeds 21. If a player is dealt an Ace plus a card with a value of 10, otherwise known as a Blackjack hand, they will also win so long as the dealer does not also have a Blackjack.  

Strategies to employ

As with all types of games, from the simplest card games all the way to complex video games like Elden Ring and Dark Souls, having an effective strategy is essential for maximizing your chances of success. Blackjack is no different, with experienced players employing several strategies when at the table.

If dealt a pair of Aces or eights, players should opt to split their hand. The value of two aces is 12, which is a weak hand in Blackjack; however, by splitting up the aces, a player can transform one weak hand into two potentially strong hands. With a high chance of drawing a card with a value of 10, a total of 21 can be achieved. Similarly, the value of two eights is 16, which is widely seen as the worst total in the game due to it being hard to improve without risking bust. By splitting the eights up, a player gets the chance to start fresh and try and build a good hand with less risk.

Knowing when to double down is also a key aspect of the game, providing the player with the potential for larger winnings. The technique is risky, however, and should only really be used with certain hands. If a player has a total of 11, they have a very high chance of hitting 21, with only one card, the Ace, causing them to bust. In this scenario, choosing to double down would be advantageous. In the same vein, a total of 10 would give a player a high probability of achieving 20, which would be a strong hand. If the dealer has a low-value face-up card, the edge swings toward the player, so doubling down would be a suitable move.

If a player has a low-value hand (8 or less), they should always consider hitting. At this value, there is no chance they can bust, and with such a low value, it is very unlikely they will win the game. Alternatively, a player should stand if their hand is 17 or higher. At this value, it is unlikely to increase without busting, so players should stand and hope the dealer’s hand is worse.

Ultimately, Blackjack is a game of math, and so having an understanding of the probabilities involved in certain scenarios is the best route to success on the table. And while it may first seem daunting, concentration and plenty of practice will allow anyone to gain the skills required. Remember these tips the next time you play.

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Why Reviews on ThinkOfGames.com Are Shaping the Future of Gaming Opinions

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reviews on thinkofgames.com

In the ever-evolving world of video games, where new titles are released almost daily, gamers rely heavily on reviews to make informed decisions. Among the plethora of review platforms, ThinkOfGames.com has emerged as a trusted source for honest, in-depth, and insightful game critiques. This article explores why reviews on ThinkOfGames.com are becoming a cornerstone for gamers worldwide and how they are shaping the future of gaming opinions.

The Rise of ThinkOfGames.com in the Gaming Community

The gaming industry is booming, with millions of players seeking reliable information before purchasing or downloading a game. Amidst this demand, ThinkOfGames.com has carved out a niche for itself by providing comprehensive reviews that cater to both casual and hardcore gamers. Unlike other platforms that may focus solely on scores or brief summaries, reviews on ThinkOfGames.com delve into gameplay mechanics, storylines, graphics, and even replayability.

The platform’s rise to prominence can be attributed to its commitment to transparency and quality. Gamers trust ThinkOfGames.com because the reviews are written by passionate players who understand the nuances of the gaming world. This authenticity has made ThinkOfGames.com a go-to destination for anyone looking for reliable gaming insights.

What Makes Reviews on ThinkOfGames.com Stand Out?

So, what sets reviews on ThinkOfGames.com apart from the competition? Here are a few key factors:

  • In-Depth Analysis: Each review on ThinkOfGames.com goes beyond surface-level observations. Whether it’s a AAA title or an indie gem, the platform provides detailed breakdowns of what works and what doesn’t.
  • Unbiased Opinions: Unlike some review sites that may be influenced by sponsorships or partnerships, ThinkOfGames.com prides itself on maintaining impartiality. This ensures that gamers get honest feedback.
  • Community Engagement: ThinkOfGames.com encourages its readers to share their thoughts and opinions, creating a vibrant community of gamers who can discuss and debate their favorite titles.
  • Regular Updates: The platform consistently updates its reviews to reflect patches, updates, and DLCs, ensuring that the information remains relevant long after a game’s release.

How ThinkOfGames.com is Influencing Gaming Trends

ThinkOfGames.com

The influence of reviews on ThinkOfGames.com extends beyond individual purchasing decisions. Game developers and publishers are increasingly paying attention to the feedback provided on the platform. Constructive criticism from ThinkOfGames.com has led to improvements in games post-launch, as developers strive to address issues highlighted by the community.

Moreover, the platform’s emphasis on indie games has helped smaller studios gain visibility. By shining a spotlight on underrated titles, ThinkOfGames.com is playing a pivotal role in diversifying the gaming landscape.

The Role of ThinkOfGames.com in Building a Trustworthy Gaming Ecosystem

In an era where fake reviews and paid promotions are rampant, ThinkOfGames.com stands as a beacon of trustworthiness. The platform’s dedication to authenticity has earned it a loyal following. Gamers know that when they read reviews on ThinkOfGames.com, they are getting an honest assessment free from external influences.

This trust is crucial in building a healthy gaming ecosystem. When players can rely on accurate reviews, they are more likely to support developers who deserve recognition and avoid titles that fail to meet expectations.

Why Gamers Keep Coming Back to ThinkOfGames.com

ThinkOfGames.com

The success of ThinkOfGames.com can be attributed to its unwavering focus on the needs of its audience. Gamers return to the platform because they know they will find:

  • Comprehensive Reviews: From gameplay mechanics to technical performance, reviews on ThinkOfGames.com cover every aspect of a game.
  • Diverse Perspectives: The platform features reviews from a wide range of contributors, ensuring that different playstyles and preferences are represented.
  • User-Friendly Interface: Navigating ThinkOfGames.com is a breeze, making it easy for users to find the information they need quickly.

The Future of ThinkOfGames.com and Gaming Reviews

As the gaming industry continues to grow, so too will the importance of reliable reviews. ThinkOfGames.com is well-positioned to remain a leader in this space, thanks to its commitment to quality and authenticity. The platform is constantly evolving, incorporating new features such as video reviews, live streams, and community polls to enhance the user experience.

Looking ahead, reviews on ThinkOfGames.com will likely play an even bigger role in shaping gaming trends and influencing player decisions. Whether you’re a seasoned gamer or a newcomer to the scene, ThinkOfGames.com is a resource you can’t afford to ignore.

Conclusion: ThinkOfGames.com – A Game-Changer in the World of Reviews

In a world where the quality of gaming reviews can make or break a title, ThinkOfGames.com has proven itself to be a game-changer. With its in-depth analysis, unbiased opinions, and commitment to community engagement, the platform has earned its place as a trusted authority in the gaming world. As the industry continues to evolve, reviews on ThinkOfGames.com will undoubtedly remain a vital resource for gamers everywhere.

So, the next time you’re debating whether to buy a new game, remember to check out reviews on ThinkOfGames.com. Your next favorite game might just be a click away!

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