This document discusses how bitcoin is fueling the growth of online gambling. Some key points:
- Roughly 50% of bitcoin transactions are related to gambling.
- Bitcoin allows for instant, anonymous deposits and withdrawals without fees which reduces friction for customers compared to traditional online gambling.
- This lower friction leads to much higher conversion rates and fewer customer dropouts for gambling operators using bitcoin.
- Provably fair gambling technologies allow customers to verify games are truly random using cryptography.
- As the gambling industry is a $3 trillion per year business, bitcoin is poised to capture a large share of this market due to its advantages over fiat currencies for both customers and operators.
GDC Coin- Specialized Analysis For Professional Cryptocurrency TradingAjit Patil
GDC coin soaring value, growing popularity, security, safety, and fast processing has attracted a lot of people in the growing world of digital currencies. There are thousands of traders who base their trading decisions on GDC Coin technical analysis. A few nations have just begun utilizing it as a medium of trade. Get more detail:
Learn to trade cryptocurrency and bank huge daily profit. This slide exposes you to cryptocurrency trading basics.
You will learn;
What is Cryptocurrency?
How to Open a Bitcoin Wallet
How to fund your Bitcoin wallet
How to Open a Cryptocurrency Trading Account
How to fund your Trading account
How to place a Trade
How to set Stop loss and take profit
Market Analysis Technique
Trading rules and guidelines
Ultimately, you will discover how to become a cryptocurrency trading professional and build a profitable cryptocurrency trading career.
Michael bowen | High risk specialist |Card not present transaction expert JayWigdore
In a day that more and more banks are shying away from the risk, Go Payment Pros has continued to fight for their clients to stay profitable. Go Payment Pros can place you High Risk Merchant Account with all the risk factors in mind. They don’t just place accounts, they help keep them alive. Call Go Payment Pros today and see the difference in true High Risk Payment Proces
GDC Coin- Specialized Analysis For Professional Cryptocurrency TradingAjit Patil
GDC coin soaring value, growing popularity, security, safety, and fast processing has attracted a lot of people in the growing world of digital currencies. There are thousands of traders who base their trading decisions on GDC Coin technical analysis. A few nations have just begun utilizing it as a medium of trade. Get more detail:
Learn to trade cryptocurrency and bank huge daily profit. This slide exposes you to cryptocurrency trading basics.
You will learn;
What is Cryptocurrency?
How to Open a Bitcoin Wallet
How to fund your Bitcoin wallet
How to Open a Cryptocurrency Trading Account
How to fund your Trading account
How to place a Trade
How to set Stop loss and take profit
Market Analysis Technique
Trading rules and guidelines
Ultimately, you will discover how to become a cryptocurrency trading professional and build a profitable cryptocurrency trading career.
Michael bowen | High risk specialist |Card not present transaction expert JayWigdore
In a day that more and more banks are shying away from the risk, Go Payment Pros has continued to fight for their clients to stay profitable. Go Payment Pros can place you High Risk Merchant Account with all the risk factors in mind. They don’t just place accounts, they help keep them alive. Call Go Payment Pros today and see the difference in true High Risk Payment Proces
Find out innovative cryptocurrency business revenue models 2020 that use immutable blockchain technologies that are ready to challenge regular business models. Different types of cryptocurrency revenue models which includes crypto coin creation, cryptocurrency exchange development, cryptocurrency wallet development, smart contract development, stable coin development and more...
https://www.developcoins.com/cryptocurrency-revenue-model-2020
This presentation talks how the Bitcoin works, what is the history of Bitcoin, features of Bitcoin, Bitcoin Mining, advantages, and disadvantages. It explains briefly about Bitcoins in India.
Cryptocurrency ecosystem focuse on BitCoin and Blockchain - Jones MrushaJones Mrusha
Alias "mBongo" & "BongoCoin" for few years have contributed its fair share on various open & closed forums about #BlockChain technologies and respective potentials on Financial Inclusion in #Africa.
One of the first comments / question you get about #BitCoin is "Who is #Satoshi #Nakamoto & If all is good Why is he hiding?"
I am now 100% convinced one of ways to get regulators comfortable and Public well informed is to move this evangelism to the main stream & give it human faces.
On 31st of March 2016 at Bits and Bytes conference (http://www.bnbconference.co.tz) i presented "Cryptocurrency Eco-system in #Tanzania" this conversation continues here....
In light of recent news where it was alleged that govt.has declared bitcoin illegal,examining the original reply shows Govt, has issued caution to the risk of bitcoin but has not banned Bitcoin,unlike Russia.
Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...George Protonotarios
-----WHAT IS ABOUT
A complete cryptocurrency trading guide for beginners and advanced cryptocurrency traders.
-----PREFACE
"A decade ago, the issue, exchange, and use of digital money without the intervention of a centralized bank was a dream for the financial industry. That dream came true faster than anyone could have predicted. The global penetration of the Internet works as an accelerator to the acceptance of every new technology that aims to serve the emerging needs of people. This is the ultimate goal of every technology, to better meet the needs of people, and nothing else matters."
-------TABLE OF CONTENTS
CHAPTER-1: INTRODUCTION TO CRYPTOCURRENCIES
CHAPTER-2: STORING CRYPTOCURRENCIES
CHAPTER-3: PROMISING CRYPTO PROJECTS
CHAPTER-4: TECHNICAL ANALYSIS THEORIES
CHAPTER-5: TRADING PLATFORMS
CHAPTER-6: TECHNICAL INDICATORS
CHAPTER-7: MONEY MANAGEMENT
CHAPTER-8: CRYPTOCURRENCY EXCHANGES
■ George Protonotarios (April 2018)
Doing Business of Cryptocurrency w.r.t. India Legal PerspectiveEquiCorp Associates
Cryptocurrency has been called as the greatest technological breakthroughs since the Internet. However, a parallel warning from the Reserve Bank of India as a caution against bitcoin and other cryptocurrency, with no guidelines or order to prohibit cryptocurrency may puzzled you to ponder over –Is it legal to do business of cryptocurrency in India? There may be several questions which you may encounter w.r.t. applicable laws of India, as there are no specific guidelines issued by any Government Authority including Reserve Bank of India or Ministry of Finance.
The main stream adoption of cryptocurrency is becoming a reality despite sceptics who compare the boom to the 1636 tulip mania. The issue is not whether cryptocurrency will survive, but rather how it will evolve. The article aims to clarify certain major aspects which may be encountered for- “Doing Business of Cryptocurrency w.r.t. Indian Legal Perspective” under the evolving legal structure.
Regulation of Bitcoins under Indian Regulatory FrameworksNishtha Sharma
This presentation provides a comprehensive account of meaning of Bitcoins, their intended use, mechanism behind the payment through peer to peer transaction system alonwith an overview on the means or heads under which Bitcoins can be regulated under Indian regulatory regime
Neobank is taking over the Fintech industry by Ne Dofofan globally. Every day we see a Neo player in the market whose main purpose is to make financial services simpler.
Establishing a business in the best countries that can welcome it with open arms can be overwhelming. Especially, when you are talking about setting up centralized crypto exchanges or white label Cryptocurrency exchange platform, it is important to place the best region. Since the governments around the world are now aware of cryptocurrencies, their legal compliance and taxation guidelines, you have to think twice before launching any crypto startup. The government can either crackdown on your company or allow it to flourish in the crypto ecosystem approved by the government’s laws.
The regulation for any new area is better than its ban. Shying away from framing regulation to deal with a new technology does not prove the efficiency of the Government.
this PPT has the answer to the following question:
1)How Did It Start?
2)Where Do Bitcoins Come From?
3)What is the Vision of Bitcoins?
4)What is the Value of a Bitcoin?
5)Who Sells Bitcoins?
6)how to Buy Bitcoins Locally?
7)Why Would You Want Some
Bitcoin?
Crypto Currency has been all over the news lately. There are people who swear by it and it’s potential, and there are people who are equally confused by it and think it’s a bubble.
Find out innovative cryptocurrency business revenue models 2020 that use immutable blockchain technologies that are ready to challenge regular business models. Different types of cryptocurrency revenue models which includes crypto coin creation, cryptocurrency exchange development, cryptocurrency wallet development, smart contract development, stable coin development and more...
https://www.developcoins.com/cryptocurrency-revenue-model-2020
This presentation talks how the Bitcoin works, what is the history of Bitcoin, features of Bitcoin, Bitcoin Mining, advantages, and disadvantages. It explains briefly about Bitcoins in India.
Cryptocurrency ecosystem focuse on BitCoin and Blockchain - Jones MrushaJones Mrusha
Alias "mBongo" & "BongoCoin" for few years have contributed its fair share on various open & closed forums about #BlockChain technologies and respective potentials on Financial Inclusion in #Africa.
One of the first comments / question you get about #BitCoin is "Who is #Satoshi #Nakamoto & If all is good Why is he hiding?"
I am now 100% convinced one of ways to get regulators comfortable and Public well informed is to move this evangelism to the main stream & give it human faces.
On 31st of March 2016 at Bits and Bytes conference (http://www.bnbconference.co.tz) i presented "Cryptocurrency Eco-system in #Tanzania" this conversation continues here....
In light of recent news where it was alleged that govt.has declared bitcoin illegal,examining the original reply shows Govt, has issued caution to the risk of bitcoin but has not banned Bitcoin,unlike Russia.
Cryptocurrency Trading Guide: "Trading the Decentralization of the Financial ...George Protonotarios
-----WHAT IS ABOUT
A complete cryptocurrency trading guide for beginners and advanced cryptocurrency traders.
-----PREFACE
"A decade ago, the issue, exchange, and use of digital money without the intervention of a centralized bank was a dream for the financial industry. That dream came true faster than anyone could have predicted. The global penetration of the Internet works as an accelerator to the acceptance of every new technology that aims to serve the emerging needs of people. This is the ultimate goal of every technology, to better meet the needs of people, and nothing else matters."
-------TABLE OF CONTENTS
CHAPTER-1: INTRODUCTION TO CRYPTOCURRENCIES
CHAPTER-2: STORING CRYPTOCURRENCIES
CHAPTER-3: PROMISING CRYPTO PROJECTS
CHAPTER-4: TECHNICAL ANALYSIS THEORIES
CHAPTER-5: TRADING PLATFORMS
CHAPTER-6: TECHNICAL INDICATORS
CHAPTER-7: MONEY MANAGEMENT
CHAPTER-8: CRYPTOCURRENCY EXCHANGES
■ George Protonotarios (April 2018)
Doing Business of Cryptocurrency w.r.t. India Legal PerspectiveEquiCorp Associates
Cryptocurrency has been called as the greatest technological breakthroughs since the Internet. However, a parallel warning from the Reserve Bank of India as a caution against bitcoin and other cryptocurrency, with no guidelines or order to prohibit cryptocurrency may puzzled you to ponder over –Is it legal to do business of cryptocurrency in India? There may be several questions which you may encounter w.r.t. applicable laws of India, as there are no specific guidelines issued by any Government Authority including Reserve Bank of India or Ministry of Finance.
The main stream adoption of cryptocurrency is becoming a reality despite sceptics who compare the boom to the 1636 tulip mania. The issue is not whether cryptocurrency will survive, but rather how it will evolve. The article aims to clarify certain major aspects which may be encountered for- “Doing Business of Cryptocurrency w.r.t. Indian Legal Perspective” under the evolving legal structure.
Regulation of Bitcoins under Indian Regulatory FrameworksNishtha Sharma
This presentation provides a comprehensive account of meaning of Bitcoins, their intended use, mechanism behind the payment through peer to peer transaction system alonwith an overview on the means or heads under which Bitcoins can be regulated under Indian regulatory regime
Neobank is taking over the Fintech industry by Ne Dofofan globally. Every day we see a Neo player in the market whose main purpose is to make financial services simpler.
Establishing a business in the best countries that can welcome it with open arms can be overwhelming. Especially, when you are talking about setting up centralized crypto exchanges or white label Cryptocurrency exchange platform, it is important to place the best region. Since the governments around the world are now aware of cryptocurrencies, their legal compliance and taxation guidelines, you have to think twice before launching any crypto startup. The government can either crackdown on your company or allow it to flourish in the crypto ecosystem approved by the government’s laws.
The regulation for any new area is better than its ban. Shying away from framing regulation to deal with a new technology does not prove the efficiency of the Government.
this PPT has the answer to the following question:
1)How Did It Start?
2)Where Do Bitcoins Come From?
3)What is the Vision of Bitcoins?
4)What is the Value of a Bitcoin?
5)Who Sells Bitcoins?
6)how to Buy Bitcoins Locally?
7)Why Would You Want Some
Bitcoin?
Crypto Currency has been all over the news lately. There are people who swear by it and it’s potential, and there are people who are equally confused by it and think it’s a bubble.
Sasivarman Sellon - A New Currency Sasivarman Sellon Is A Code Junky, Active In Software Development Scene For The Past 10 Years. He Specializes In Putting Together Web And Big Data. https://www.slideshare.net/Sasivarmansellon
Sasivarman Sellon - A New Currency Sasivarman Sellon Is A Code Junky, Active In Software Development Scene For The Past 10 Years. He Specializes In Putting Together Web And Big Data. https://www.slideshare.net/Sasivarmansellon
What is a Blockchain? - Presented by Wayne Lippman
What is a Blockchain
What is Bitcoin
Where did Bitcoin come from?
How does a Blockchain get built
How does a Blockchain get verified
Weaknesses of Blockchain technology
Value
Current applications of Blockchain technology
Future applications of Blockchain technology
Q & A
This slide deck is as part of a online webinar that happened on Mar 18 2017.The meetup was organized to talk more about Cryptocurrency and current Regulatory Environment surrounding it. There was be a presentation followed by Q&A.
For more details please reach out to me on https://twitter.com/twitmyreview or via mail bobquest33@gmail.com
Similar to James canning inside bitcoin melbourne final (20)
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
1. Bitcoin: The Future of Gambling
James Canning
Webmaster
Bitcoin Betting Guide
2. Bitcoin: The Future of Gambling
In the last year there has been $24 billion of bitcoin transactions
Roughly 50% of Bitcoin transactions are gambling related
3. Bitcoin: The Future of Gambling
Gambling is a $3 trillion per year industry
Bitcoin is the fastest growing sector of the gambling industry
4. Bitcoin: The Future of Gambling
Gambling is a $3 trillion per year industry
Bitcoin is the fastest growing sector of the gambling industry
Why?
The attributes and characteristics of bitcoin make it suited to
gambling. Also the high friction of gambling with fiat currency
due to laws and regulations
5. Fiat Gambling for the Customer in Australia/UK
Bitcoin Gambling Advantages
6. Fiat Gambling for the Customer in Australia/UK
• 15 minutes for sign up and first deposit if you use a credit card (2 business
days if you don’t use a credit card)
Bitcoin Gambling Advantages
7. Fiat Gambling for the Customer in Australia/UK
• 15 minutes for sign up and first deposit if you use a credit card (2 business
days if you don’t use a credit card)
• Send in front and back of cc, government ID and a utility bill then wait for
verification
Bitcoin Gambling Advantages
8. Fiat Gambling for the Customer in Australia/UK
• 15 minutes for sign up and first deposit if you use a credit card (2 business
days if you don’t use a credit card)
• Send in front and back of cc, government ID and a utility bill then wait for
verification
• 2 business days for withdrawal
Bitcoin Gambling Advantages
9. Fiat Gambling for the Customer in Australia/UK
• 15 minutes for sign up and first deposit if you use a credit card (2 business
days if you don’t use a credit card)
• Send in front and back of cc, government ID and a utility bill then wait for
verification
• 2 business days for withdrawal
• Now the operator can charge your cc at any time
Bitcoin Gambling Advantages
10. Fiat Gambling for the Customer in Australia/UK
• 15 minutes for sign up and first deposit if you use a credit card (2 business
days if you don’t use a credit card)
• Send in front and back of cc, government ID and a utility bill then wait for
verification
• 2 business days for withdrawal
• Now the operator can charge your cc at any time
• Now the operator can sell your information or have it stolen at any time
Bitcoin Gambling Advantages
11. Fiat Gambling for the Customer in Australia/UK
• 15 minutes for sign up and first deposit if you use a credit card (2 business
days if you don’t use a credit card)
• Send in front and back of cc, government ID and a utility bill then wait for
verification
• 2 business days for withdrawal
• Now the operator can charge your cc at any time
• Now the operator can sell your information or have it stolen at any time
• Now the operator and push market you marketing you don’t want
Bitcoin Gambling Advantages
12. Fiat Gambling for the Customer in Australia/UK
• 15 minutes for sign up and first deposit if you use a credit card (2 business
days if you don’t use a credit card)
• Send in front and back of cc, government ID and a utility bill then wait for
verification
• 2 business days for withdrawal
• Now the operator can charge your cc at any time
• Now the operator can sell your information or have it stolen at any time
• Now the operator and push market you marketing you don’t want
• Multiple records available for taxman, banker, spouse, police, et cetera
Bitcoin Gambling Advantages
13. Fiat Gambling for the Customer in the USA, China or India
• Fee to the operator for depositing less than $1000
Bitcoin Gambling Advantages
14. Fiat Gambling for the Customer in the USA, China or India
• Fee to the operator for depositing less than $1000
• Limited deposit options such as western union
Bitcoin Gambling Advantages
15. Fiat Gambling for the Customer in the USA, China or India
• Fee to the operator for depositing less than $1000
• Limited deposit options such as western union
• One free withdrawal via cashiers check per month, $50 for every
additional withdrawal
Bitcoin Gambling Advantages
16. Fiat Gambling for the Customer in the USA, China or India
• Fee to the operator for depositing less than $1000
• Limited deposit options such as western union
• One free withdrawal via cashiers check per month, $50 for every
additional withdrawal
• Deposit and withdrawal times up to 2 weeks!
Bitcoin Gambling Advantages
19. Bitcoin Gambling Advantages
Bitcoin Advantages For the Customer
• Instant sign up
• Free and instant deposits and withdraws of any amount 24/7
20. Bitcoin Advantages For the Customer
• Instant sign up
• Free and instant deposits and withdraws of any amount 24/7
• Better payouts due to operator cost savings
Bitcoin Gambling Advantages
21. Bitcoin Advantages For the Customer
• Instant sign up
• Free and instant deposits and withdraws of any amount 24/7
• Better payouts due to operator cost savings
• Anonymity (privacy, legal, tax)
Bitcoin Gambling Advantages
22. Bitcoin Advantages For the Customer
• Instant sign up
• Free and instant deposits and withdraws of any amount 24/7
• Better payouts due to operator cost savings
• Anonymity (privacy, legal, tax)
• Provably fair gambling
Bitcoin Gambling Advantages
24. Fiat Gambling for the Operator
• 2% transaction fees, 3-9% cc fees
Bitcoin Gambling Advantages
25. Fiat Gambling for the Operator
• 2% transaction fees, 3-9% cc fees
• Constant chargebacks and fraud
Bitcoin Gambling Advantages
26. Fiat Gambling for the Operator
• 2% transaction fees, 3-9% cc fees
• Constant chargebacks and fraud
• 99% drop out rate
Bitcoin Gambling Advantages
27. Fiat Gambling for the Operator
• 2% transaction fees, 3-9% cc fees
• Constant chargebacks and fraud
• 99% drop out rate
Bitcoin Advantages for the Operator
Bitcoin Gambling Advantages
28. Fiat Gambling for the Operator
• 2% transaction fees, 3-9% cc fees
• Constant chargebacks and fraud
• 99% drop out rate
Bitcoin Advantages for the Operator
• No transaction fees, chargebacks or financial fraud
Bitcoin Gambling Advantages
29. Fiat Gambling for the Operator
• 2% transaction fees, 3-9% cc fees
• Constant chargebacks and fraud
• 99% drop out rate
Bitcoin Advantages for the Operator
• No transaction fees, chargebacks or financial fraud
• Anonymous customers means no KYC and ID fraud
Bitcoin Gambling Advantages
30. Fiat Gambling for the Operator
• 2% transaction fees, 3-9% cc fees
• Constant chargebacks and fraud
• 99% drop out rate
Bitcoin Advantages for the Operator
• No transaction fees, chargebacks or financial fraud
• Anonymous customers means no KYC and ID fraud
• Reduced friction means far higher conversion rate, less drop outs (x20!)
Bitcoin Gambling Advantages
31. Fiat Gambling for the Operator
• 2% transaction fees, 3-9% cc fees
• Constant chargebacks and fraud
• 99% drop out rate
Bitcoin Advantages for the Operator
• No transaction fees, chargebacks or financial fraud
• Anonymous customers means no KYC and ID fraud
• Reduced friction means far higher conversion rate, less drop outs (x20!)
• Less need to comply with laws, taxes and licence burdens
Bitcoin Gambling Advantages
35. Laws and Jurisdictions
• There are none
• Assume the same legal status as fiat gambling
• You, the gambler are doing nothing against the law
36. Laws and Jurisdictions
• There are none
• Assume the same legal status as fiat gambling
• You, the gambler are doing nothing against the law
• The operator is breaking Australian law but is not under Australian
Jurisdiction, or are they?
37. Laws and Jurisdictions
• There are none
• Assume the same legal status as fiat gambling
• You, the gambler are doing nothing against the law
• The operator is breaking Australian law but is not under Australian
Jurisdiction, or are they?
Match Fixing
• No known cases yet but bitcoin is PERFECT for match fixing by individual
players, its is happening or it will happen
39. Laws and Jurisdictions
What Has Law Enforcement Done?
• Nothing yet
• With fiat operators they stop the operators ability to transact, this is
impossible with bitcoin
40. Laws and Jurisdictions
What Has Law Enforcement Done?
• Nothing yet
• With fiat operators they stop the operators ability to transact, this is
impossible with bitcoin
What Will Law Enforcement do?
42. Laws and Jurisdictions
What Has Law Enforcement Done?
• Nothing yet
• With fiat operators they stop the operators ability to transact, this is
impossible with bitcoin
What Will Law Enforcement do?
• Domain seizures
43. Laws and Jurisdictions
What Has Law Enforcement Done?
• Nothing yet
• With fiat operators they stop the operators ability to transact, this is
impossible with bitcoin
What Will Law Enforcement do?
• Domain seizures
• Server seizures
44. Laws and Jurisdictions
What Has Law Enforcement Done?
• Nothing yet
• With fiat operators they stop the operators ability to transact, this is
impossible with bitcoin
What Will Law Enforcement do?
• Domain seizures
• Server seizures
• Physical office raids
45. Laws and Jurisdictions
What Has Law Enforcement Done?
• Nothing yet
• With fiat operators they stop the operators ability to transact, this is
impossible with bitcoin
What Will Law Enforcement do?
• Domain seizures
• Server seizures
• Physical office raids
• (for match fixing) Extremely close monitoring of players
46. Investing in Bitcoin Gambling Operators
Anyone can Invest on the Right Side of a Gambling Operation
• Just Dice: invest in the house bank
47. Investing in Bitcoin Gambling Operators
Anyone can Invest on the Right Side of a Gambling Operation
• Just Dice: invest in the house bank
• Casino Bitcoin: Invest at Havelock Investments
49. Investing in Bitcoin Gambling Operators
Anyone can invest on the right side of a gambling operation
• Just Dice: invest in the house bank
• Casino Bitcoin: invest at Havelock Investments
Compare That to the Current Barriers of Entry for Casino Ownership
• Entrenched monopoly licences
50. Investing in Bitcoin Gambling Operators
Anyone can invest on the right side of a gambling operation
• Just Dice: invest in the house bank
• Casino Bitcoin: invest at Havelock Investments
Compare That to the Current Barriers of Entry for Casino Ownership
• Entrenched monopoly licences
• Minimum investment amounts, feed
51. Investing in Bitcoin Gambling Operators
Anyone can invest on the right side of a gambling operation
• Just Dice: invest in the house bank
• Casino Bitcoin: invest at Havelock Investments
Compare That to the Current Barriers of Entry for Casino Ownership
• Entrenched monopoly licences
• Minimum investment amounts, feed
• Bank accounts and ID verification
53. Provably Fair Gambling
What is Provably Fair Gambling
Goal: stop the casino being able to know or decide what the next card or
number will be
54. Provably Fair Gambling
What is Provably Fair Gambling
Goal: stop the casino being able to know or decide what the next card or
number will be
Uses cryptography and bitcoin logic but does not use bitcoin itself. Is just as
easy for fiat currency operators to implement
55. Provably Fair Gambling
Definitions
Hashes: A long string of characters derived from other data. This is a
mathematical problem that is extremely difficult to solve but if it was solved
it would give you the data it hashes. If a solution is presented it is easy to
backward test it to see if the solution is correct or not. This is known as a one
way function
56. Provably Fair Gambling
Definitions
Hashes: A long string of characters derived from other data. This is a
mathematical problem that is extremely difficult to solve but if it was solved
it would give you the data it hashes. If a solution is presented it is easy to
backward test it to see if the solution is correct or not. This is known as a one
way function
Seeds: Extra data (a string of characters) applied to the hash which
modifies what it hashes.
59. Provably Fair Gambling
Provably Fair Card Dealing
Step 1: Site shuffles the deck as normal
Step 2: Site provides you with a hash of the shuffle
60. Provably Fair Gambling
Provably Fair Card Dealing
Step 1: Site shuffles the deck as normal
Step 2: Site provides you with a hash of the shuffle
Step 3: you provide a random seed that the site cannot see or predict
(client side not server side)
61. Provably Fair Gambling
Provably Fair Card Dealing
Step 1: Site shuffles the deck as normal
Step 2: Site provides you with a hash of the shuffle
Step 3: you provide a random seed that the site cannot see or predict
(client side not server side)
Step 4: Your seed changes the shuffle to something neither you nor the site
can have known
62. Provably Fair Gambling
Provably Fair Card Dealing
Step 1: Site shuffles the deck as normal
Step 2: Site provides you with a hash of the shuffle
Step 3: you provide a random seed that the site cannot see or predict
(client side not server side)
Step 4: Your seed changes the shuffle to something neither you nor the site
can have known
Step 5: The hand is dealt
64. Provably Fair Gambling
Verifying the Cards Were Dealt Fairly
Step 1: The initial deck is laid out
Step 2: You check that the initial deck was inline with the hash the site
provided
65. Provably Fair Gambling
Verifying the Cards Were Dealt Fairly
Step 1: The initial deck is laid out
Step 2: You check that the initial deck was inline with the hash the site
provided
Step 3: The final deck is laid out
66. Provably Fair Gambling
Verifying the Cards Were Dealt Fairly
Step 1: The initial deck is laid out
Step 2: You check that the initial deck was inline with the hash the site
provided
Step 3: The final deck is laid out
Step 4: You check that the initial deck was changed in accordance with
the seed you provided
If these are both the case then you have just played a provably fair hand!
68. Provably Fair Gambling
Cautions
The odds don’t change: Fair in this sense does not mean an even chance
of winning, it means honesty and true randomness
Not end to end trustless: The site can still rip you off in other ways but
cryptography has an answer for them as well.
If you cant understand it is it really verifiable?
69. Trustless no Account Betting, 0% House Edge?
Step 1: Operator generates a bitcoin address for each bet selection
70. Step 1: Operator generates a bitcoin address for each bet selection
Step 2: Customers send bitcoin to the addresses as bets on the outcome
they represent
Trustless no Account Betting, 0% House Edge?
71. Step 1: Operator generates a bitcoin address for each bet selection
Step 2: Customers send bitcoin to the addresses as bets on the outcome
they represent
Step 3: Operator pays out winning bettors back to the address the bet
came from
Trustless no Account Betting, 0% House Edge?
72. Step 1: Operator generates a bitcoin address for each bet selection
Step 2: Customers send bitcoin to the addresses as bets on the outcome
they represent
Step 3: Operator pays out winning bettors back to the address the bet
came from
Step 4: Operator exists only as code automating the above steps
Trustless no Account Betting, 0% House Edge?
73. 0% House Edge Gambling
How is 0% House Edge Gambling Possible?
74. 0% House Edge Gambling
How is 0% House Edge Gambling Possible?
• Bitcoin eliminates most banking and finance costs
75. 0% House Edge Gambling
How is 0% House Edge Gambling Possible?
• Bitcoin eliminates most banking and finance costs
• Data feeds, bots, decentralised autonomous organisations, multi
signature transactions and provably fair gambling disintermediate risk
management, market operations and grading, public relations and other
functions
76. 0% House Edge Gambling
How is 0% House Edge Gambling Possible?
• Bitcoin eliminates most banking and finance costs
• Data feeds, bots, decentralised autonomous organisations, multi
signature transactions and provably fair gambling disintermediate risk
management, market operations and grading, public relations and other
functions
• Censorship resistant decentralised platforms such
as Tor, MaidSafe and Namecoin DNS remove the need for compliance
and cost burdens that come with it such as licence fees, taxes, know
your customer procedures and accompanying fraud
77. 0% House Edge Gambling
How is 0% House Edge Gambling Possible?
• Developers and entrepreneurs working on it for much less than current
casino executives. For the love of it, to innovate and stick it to the man or
for a venture capital land grab
78. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
79. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
“If you are getting something for free on the internet you are the product
being sold.”
80. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
“If you are getting something for free on the internet you are the product
being sold.”
NB. Twitter has a $40b valuation and is not profitable
81. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
“If you are getting something for free on the internet you are the product
being sold.”
NB. Twitter has a $40b valuation and is not profitable
• Display advertising
82. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
“If you are getting something for free on the internet you are the product
being sold.”
NB. Twitter has a $40b valuation and is not profitable
• Display advertising
• Paid accounts for premium features
83. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
“If you are getting something for free on the internet you are the product
being sold.”
NB. Twitter has a $40b valuation and is not profitable
• Display advertising
• Paid accounts for premium features
• Leveraging users to cross sell other products
84. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
“If you are getting something for free on the internet you are the product
being sold.”
NB. Twitter has a $40b valuation and is not profitable
• Display advertising
• Paid accounts for premium features
• Leveraging users to cross sell other products
• Data selling
85. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
“If you are getting something for free on the internet you are the product
being sold.”
NB. Twitter has a $40b valuation and is not profitable
• Display advertising
• Paid accounts for premium features
• Leveraging users to cross sell other products
• Data selling
• Things we have not even thought of yet
86. 0% House Edge Gambling
How is 0% House Edge Gambling Profitable?
“If you are getting something for free on the internet you are the product
being sold.”
NB. Twitter has a $40b valuation and is not profitable
• Display advertising
• Paid accounts for premium features
• Leveraging users to cross sell other products
• Data selling
• Things we have not even thought of yet
• See social gaming companies such as Zinga
87. 0% House Edge Gambling
Gambling Will Never be the Same
• $3 trillion is gambled every year in the current paradigm where the
customers almost always loses
88. 0% House Edge Gambling
Gambling Will Never be the Same
• $3 trillion is gambled every year in the current paradigm where the
customers almost always loses
• When the customer gets just as much entertainment but usually breaks
even this will increase
89. 0% House Edge Gambling
Gambling Will Never be the Same
• $3 trillion is gambled every year in the current paradigm where the
customers almost always loses
• When the customer gets just as much entertainment but usually breaks
even this will increase
• Gambling will not be considered such a social ill
90. 0% House Edge Gambling
Gambling Will Never be the Same
• $3 trillion is gambled every year in the current paradigm where the
customers almost always loses
• When the customer gets just as much entertainment but usually breaks
even this will increase
• Gambling will not be considered such a social ill
• Bitcoin will take 2% of the gambling market within a year and 5% within 2
years
91. 0% House Edge Gambling
Gambling Will Never be the Same
• $3 trillion is gambled every year in the current paradigm where the
customers almost always loses
• When the customer gets just as much entertainment but usually breaks
even this will increase
• Gambling will not be considered such a social ill
• Bitcoin will take 2% of the gambling market within a year and 5% within 2
years
• 5% of $3 trillion is $150 billion, bitcoin current yearly transactions are $24
billion, suggesting a bitcoin price increase of 600% to $4000 from
gambling alone
92. More Information
Bitcoin Betting Guide
bitcoin-betting-guide.com
Videos
youtube.com/user/BitcoinBettingGuide/videos
Bitcoin Gambling Board on Bitcoin Talk Forum
https://bitcointalk.org/index.php?board=56.0
93. Bitcoin Gambling Questions
Questions?
“honestly sport betting with bitcoin has made this the most exciting NBA
playoffs season ever for me. It’s fun to be able to throw $15 on a parlay
and hope for a big win. I don’t usually gamble, and I never knew how to
get in touch with the local bookies in my area, but its freaking awesome
I can do this with bitcoin and gamble amounts I’m comfortable with.”
~Reddit User: LeTenken