Expert Opinions

Token Triumph: BetFury Explores the Unmatched Benefits and Potential of Crypto Tokens

Last Update: April 15, 2024

Token Triumph: BetFury Explores the Unmatched Benefits and Potential of Crypto Tokens

Ever wondered how the magic of tokenization is transforming the crypto market, especially the casinos? Buckle up because we had an exclusive interview with the BetFury team, where they spill the beans on the innovative gaming mechanics powered by tokens. Throughout the interview, BetFury sheds light on their native utility token, BFG, offering real-life examples […]

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Crypto and Chance: Understanding the Habits of Today’s Gamblers 

Last Update: April 15, 2024

Crypto and Chance: Understanding the Habits of Today’s Gamblers 

The fusion of cryptocurrency and gambling marks a notable development in the digital financial world. This combination has revolutionized transaction methods in the gambling industry and significantly influenced the habits of gamblers. As cryptocurrencies, particularly Bitcoin, gain traction in online gambling, understanding how they are reshaping gambling practices becomes essential. This article, informed by a […]

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7 Reasons Bitcoin is Still King of Crypto Gambling

Last Update: April 15, 2024

7 Reasons Bitcoin is Still King of Crypto Gambling

Bitcoin casinos are a relatively recent, but strong trend in online gambling, which is shaping the sector’s future. They have many advantages over traditional casinos, including more transparency, better security, and faster payouts. The top Bitcoin casinos have tens of thousands of active players from across the globe, and there’s more than one reason why. Bitcoin is […]

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Navigating Crypto Gambling Tax in the US (2024 Guide)

Last Update: April 12, 2024

Navigating Crypto Gambling Tax in the US (2024 Guide)

Beyond the usual catchphrase — only death and taxes are certain, US crypto gamblers don’t have much to hold on to when it comes to taxing their crypto winnings and losses. The IRS does not explicitly mention crypto gambling in its rules about taxing gambling winnings, but the rule of thumb is that such winnings […]

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Bullish or Bearish on Bitcoin? How Fluctuating Crypto Markets Influence Our Investing Decisions

Last Update: April 12, 2024

Bullish or Bearish on Bitcoin? How Fluctuating Crypto Markets Influence Our Investing Decisions

The price of Bitcoin in 2023 is up by approximately 130%, from less than $17,000 in January to above $38,000 in late November—an impressive gain by any measure. Bitcoin holders are elated, naturally, but many O.G. crypto holders also know the pain of owning digital tokens as their values sharply decline. What is happening when […]

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How is Bitcoin Made?

Last Update: December 27, 2023

How is Bitcoin Made?

Bitcoin’s trading value is more than $11 billion, at least at the time of writing. But despite BTC’s renown, many people don’t know how it’s made. To most people out there, the world of crypto is shrouded in mystery. Some Bitcoin casino players bet using BTC without having the foggiest idea of where their crypto […]

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Into the Trap: How Con Artists Lure Victims

Last Update: December 13, 2023

Into the Trap: How Con Artists Lure Victims

Con artists have an impressive arsenal of weapons designed to manipulate us into decisions we shouldn’t take (and wouldn’t under normal circumstances). We’ve discussed how we can increase personal defenses by being more aware of attempts to approach us, however: To understand how this happens, let’s step away from the world of gambling and investing […]

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The Scam Jam: How Tiny Rewards and Repeated Actions Fool Victims

Last Update: December 13, 2023

The Scam Jam: How Tiny Rewards and Repeated Actions Fool Victims

Once scammers have a fresh supply of suckers, there are countless ways to deceive them. Most often, they target individuals, but when potential victims are scammed in groups: Investing in crypto and online gambling can seem complicated once we delve deeper into various communities and forums (it is) but when it comes to being scammed, […]

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Can Crypto Casinos Really Welch on a Bet?

Last Update: December 13, 2023

Can Crypto Casinos Really Welch on a Bet?

There are two sides to this situation, and as players (especially advantage players), it’s essential we consider both angles. For customers, it might seem like a minefield of rules that give the casino the right to refuse winnings should any rule or regulation be breached. More shady gaming sites might build an “out” into any […]

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Welcome to the “Mild” Wild West: Recognizing and Avoiding Crypto Cons

Last Update: December 13, 2023

Welcome to the “Mild” Wild West: Recognizing and Avoiding Crypto Cons

Many people presume that crypto is the domain of dreamers or naïve investors hoping to make a quick buck with phantom funds that exist only in ones and zeros in some digital bunker. Of course, there’s a little truth to this, however: This public perception of crypto as a “Wild West” often fosters a lack […]

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6 Bitcoin Gambling Mistakes to Avoid in 2024

Last Update: December 13, 2023

6 Bitcoin Gambling Mistakes to Avoid in 2024

Bitcoin gambling can be enticing and thrilling, offering the potential for both entertainment and profit. However, it also comes with its fair share of risks. Many individuals have made mistakes while engaging in Bitcoin gambling and understanding these errors can help others avoid similar pitfalls. In this article, we’ll take you through: Ready? Let’s go. […]

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Bitcoin vs. Altcoins—What’s Your Best Bet?

Last Update: December 13, 2023

Bitcoin vs. Altcoins—What’s Your Best Bet?

I first encountered Bitcoin in 2013—as accepted tender at a New York City restaurant, of all places!—but it wasn’t until many years later that I began to hear about altcoins. You may be able to relate—you’re familiar with Bitcoin, but what’s an altcoin? The short answer is that Bitcoin is the original cryptocurrency, and altcoins […]

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Building a Scam: Crafting Deception in Crypto (Part 2)

Last Update: December 13, 2023

Building a Scam: Crafting Deception in Crypto (Part 2)

Scams often evolve organically, expanding to fill any space that might offer rewards for the scammers. Camouflaged by authentic versions, these fraudulent propositions borrow legitimacy simply by dressing like whatever they wish to emulate. For investors or gamblers in the crypto space, opportunities definitely exist, and while caution is commonplace, true risk necessarily comes before […]

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The Scam Jam

Last Update: December 13, 2023

The Scam Jam

Recently, we’ve discussed how potential victims might be approached and manipulated into unexpected situations beyond their control. We’ve used simple scams to explore how human nature and psychology might drive us off a cliff, but the Jam Auction is one of the best examples of a con game in action to help us understand how […]

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Sensing Monkey Business: Misdirection and Selective Attention

Last Update: December 13, 2023

Sensing Monkey Business: Misdirection and Selective Attention

Understanding how we can be manipulated into making important – often costly – decisions is one of the most powerful defenses against scammers. Most victims of con games cannot rationalize how they came to pull the trigger on something that proved ultimately to be false. So one has to wonder: Recognizing the danger of deception […]

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Modern Grift Sense: Understanding Deception

Last Update: December 13, 2023

Modern Grift Sense: Understanding Deception

If a con artist knows what you want, they can take anything you have, and if you choose to take risks in life, a better understanding of deception is essential. Generally speaking, the core methods of con games are the same today as they were a hundred years ago, and all that’s really changed is […]

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