Bitcoin Player Takes Home $255,000 With "Milestone" Casino Win
A player on CloudBet, which could win the biggest Bitcoin casino ever, ran away with $255,000 worth of coins.
An online gambler has won 160 BTC in one go, the single biggest jackpot bill in Bitcoin's history.
The player, who left with Bitcoin worth $255,000 at its current price, got lucky at Troll Hunters, hosted by Bitcoin Casino Cloudbet.
The casino announced its "miracle victory" in an exclusive press release on Friday.
"For us, this represents a new era for the relentless growth of Bitcoin gambling," said Leandro Rossi, Head of Cloudbet Operations.
"[Bitcoin] is faster, easier and safer, so big winners can get paid immediately. This attracts players, providing more liquidity and enabling higher restrictions than many Fiat operators. We welcome high rollers, so we are happy to see this happen and would love to see the record broken again."
The unnamed player opened the session with a starting bet of 0.16 BTC ($188) representing a profit of about 136,000%.
Cloudbet declined to respond to CoinTelegraph's request for further comment.
Meanwhile, bitcoin gambling continues to gain popularity, with new services regularly joining the market. Most recently, Seymour B.V., an umbrella group that owns popular resources, including Bitflutos, launched AdmiralSpot.com with the aim of introducing "the most modern" technology into Bitcoin-only gaming methods.
바다이야기
An online gambler has won 160 BTC in one go, the single biggest jackpot bill in Bitcoin's history.
The player, who left with Bitcoin worth $255,000 at its current price, got lucky at Troll Hunters, hosted by Bitcoin Casino Cloudbet.
The casino announced its "miracle victory" in an exclusive press release on Friday.
"For us, this represents a new era for the relentless growth of Bitcoin gambling," said Leandro Rossi, Head of Cloudbet Operations.
"[Bitcoin] is faster, easier and safer, so big winners can get paid immediately. This attracts players, providing more liquidity and enabling higher restrictions than many Fiat operators. We welcome high rollers, so we are happy to see this happen and would love to see the record broken again."
The unnamed player opened the session with a starting bet of 0.16 BTC ($188) representing a profit of about 136,000%.
Cloudbet declined to respond to CoinTelegraph's request for further comment.
Meanwhile, bitcoin gambling continues to gain popularity, with new services regularly joining the market. Most recently, Seymour B.V., an umbrella group that owns popular resources, including Bitflutos, launched AdmiralSpot.com with the aim of introducing "the most modern" technology into Bitcoin-only gaming methods.
바다이야기
When is 'Super Team' KCC' powerful? Coach Jeon Chang-jin
KCC Huh Woong is passing.
"We need time."
Professional basketball KCC remains at the bottom of the 2023-2024 Jeonggwanjang Professional Basketball with three wins and six losses. It was nicknamed "Super Team" due to a number of national team players, but it is showing less than expected.
The determination to win was great. For the second consecutive year, he has recruited Dae-rae in the free agent (FA) market. Last year, KCC, which has Heo Woong and Lee Seung-hyun, even brought Choi Joon-yong from the FA market. Along with the existing Ra Gun-ah, he quickly emerged as a favorite. Song Kyo-chang, a former MVP, was also discharged from the military. The team was so spectacular that it set up the best five with national team-level players.
He raised expectations by winning the cup held ahead of the opening. However, immediately after, Choi Jun-yong left due to injury, and Heo Woong, Lee Seung-hyun, and Ra Gun-ah fell into a slump together. Choi Joon-yong recently returned, but he has to get back on track. KCC coach Jeon Chang-jin's worries have also deepened. "I worked with (Choi) Jun-yong all summer and he didn't lose the practice game," Jeon said. "Lee Seung-hyun and Ra Gun-ah joined the national team a day before the cup, but they didn't fit well," he confessed.
Coach Jeon then said, "When Jun-yong was out with an injury, it was not much different from last season's squad. Players were also confused and out of condition. He added, "It's a team that I have to do because I'm excited, but I'm discouraged."
KCC's Choi Joon-yong is disappointed. Photo = Courtesy of KBL
Song Kyo-chang is undergoing rehabilitation after suffering a knee injury in the national team. No return date has been set yet. Coach Jeon said, "It is true that the players' sides are colorful. But they don't get along well. I'm worried even if the (song) gyochang comes. "When all of them return, they will be less concerned about the number of people available, but it will take time to fit well," he predicted.
It was also regrettable against Chung on the 19th. Heo Woong scored 23 points, the most of the season, but Choi Joon-yong struggled with foul trouble and scored only 10 points. The role allocation of the main players has become important. Coach Jeon said, "The players have strong personality, so I have to control them well. "The most important part," he said, "There is a big difference between when the players are excited and do well and when they are not." "We are not showing a certain performance, but we need to supplement it," he said.
토토사이트
"We need time."
Professional basketball KCC remains at the bottom of the 2023-2024 Jeonggwanjang Professional Basketball with three wins and six losses. It was nicknamed "Super Team" due to a number of national team players, but it is showing less than expected.
The determination to win was great. For the second consecutive year, he has recruited Dae-rae in the free agent (FA) market. Last year, KCC, which has Heo Woong and Lee Seung-hyun, even brought Choi Joon-yong from the FA market. Along with the existing Ra Gun-ah, he quickly emerged as a favorite. Song Kyo-chang, a former MVP, was also discharged from the military. The team was so spectacular that it set up the best five with national team-level players.
He raised expectations by winning the cup held ahead of the opening. However, immediately after, Choi Jun-yong left due to injury, and Heo Woong, Lee Seung-hyun, and Ra Gun-ah fell into a slump together. Choi Joon-yong recently returned, but he has to get back on track. KCC coach Jeon Chang-jin's worries have also deepened. "I worked with (Choi) Jun-yong all summer and he didn't lose the practice game," Jeon said. "Lee Seung-hyun and Ra Gun-ah joined the national team a day before the cup, but they didn't fit well," he confessed.
Coach Jeon then said, "When Jun-yong was out with an injury, it was not much different from last season's squad. Players were also confused and out of condition. He added, "It's a team that I have to do because I'm excited, but I'm discouraged."
KCC's Choi Joon-yong is disappointed. Photo = Courtesy of KBL
Song Kyo-chang is undergoing rehabilitation after suffering a knee injury in the national team. No return date has been set yet. Coach Jeon said, "It is true that the players' sides are colorful. But they don't get along well. I'm worried even if the (song) gyochang comes. "When all of them return, they will be less concerned about the number of people available, but it will take time to fit well," he predicted.
It was also regrettable against Chung on the 19th. Heo Woong scored 23 points, the most of the season, but Choi Joon-yong struggled with foul trouble and scored only 10 points. The role allocation of the main players has become important. Coach Jeon said, "The players have strong personality, so I have to control them well. "The most important part," he said, "There is a big difference between when the players are excited and do well and when they are not." "We are not showing a certain performance, but we need to supplement it," he said.
토토사이트
The Reality That College Admission Has Become The GoaL
Seven professional volleyball men's teams recently selected a total of 20 players, including trainees, out of 42 participants in the 2023-24 Korean Volleyball Federation (Kovo) men's rookie draft. The employment rate was the lowest ever at 47.6%. This is lower than 56.25% in the 05-06 season, when 16 people applied and 9 people were selected. This is also the first time that the employment rate has not exceeded 50% in the 20th rookie draft.
Regarding the minimum employment rate, each club cited problems for various reasons, but pointed out that the biggest problem among them was that there were no "players to pick." In fact, there is a clear difference between the high school and university teams and professional leagues. Overall, the average level of volleyball skills of players is gradually decreasing.
2023-24 Korean Volleyball Federation Men's Rookie Draft.
On top of that, with the introduction of the Asian quarter system, clubs think that it is better to strategically reinforce the Asian quarter by using low-salary and talented players rather than fostering rookie players who have to teach the basics. This phenomenon is expected to become more serious in the future.
Even if they are selected in the draft, it is difficult for many rookie players to last two years. With the team entry set, if a rookie player comes in through the draft, someone has to leave the team. In the reality that this situation occurs repeatedly every year, it leads to no dream or hope for players who have only played volleyball all their lives targeting professional teams. Some players who have left the team sometimes try to get back into the professional team, but the probability of actually getting back into the professional team is so low that most give up and go to the business team or leader's path.
When asked to middle and high school students who are currently playing volleyball, "What is your goal?" and "What is your dream?" it was inevitable that the majority of them were playing volleyball aiming to enter college. Wasn't the dream of the normal athletic friends to be like the idol they wanted in the national team or the professional team? Now that college admission is the goal, it was bound to be quite shocking, and I became aware of how serious the current situation is.
It is necessary to think about whether student players are playing volleyball only for college admission. In a situation where the professional door is getting narrower, there are not many options if you don't get a professional. The business team is in a similar situation to the professional team. This is because the team is run around veterans with a fixed number of entries. In the course of leadership, the school volleyball team is gradually disappearing, and the way to get a job as a leader is also a needle hole. In this situation, student players have no choice but to enter college as the best option they can aim for. Although he loves volleyball and likes volleyball, it is sadly the present of Korean volleyball that most of the players whose goal and dream is to enter college because of the high wall of reality.
If you are a volleyball player, you should feel responsible for this reality. The volleyball community should work together to establish a long-term plan for the revival of Korean volleyball and speak with one voice to realize it. Various solutions should be discussed and focused on feasible plans, including expanding the base of volleyball, revitalizing youth volleyball, systematizing prospects and leaders, operating a dual national team, and introducing a second-tier V-League.
Directed by Andrea Gardini and by Lorenzo Bernardi.
In June, the Korea Volleyball Federation held an integrated workshop. The biggest event among the workshop events was the forum inviting outstanding overseas leaders. Andrea Gardini and Lorenzo Bernardi, who were inducted into the FIVB (International Volleyball Federation) IVHF (Hall of Fame), were invited to discuss.
Amid various discussions, all participants agreed on the importance of the second or lower leagues. Andrea Gardini said, "The players need opportunities. The top league is also important, but it is a healthy league only when the lower league is strong," he said, stressing that the Italian league has several lower leagues. Manager Lorenzo Bernardi also said, "The coach at the helm of the team has to win the game. As a result, there may be a burden on giving young players a chance. In some cases, they may be in a situation where they have to assume the position of director. Young players are the future of the team. We need to find a way to give them a chance, he said.
However, it is a question mark as to whether it is possible to introduce the second-tier league in reality. I don't think it can operate exactly under the current situation. Currently, if you look at the total operating cost of the professional volleyball team for one year, it is slightly different from team to team, but it is spending an average of 6 billion won to 10 billion won. For the men's salary cap in the 23-24 season, a total of 5.81 billion won, which is 4.15 billion won and an option cap of 1.66 billion won, is applied.
The revenue structure of Korea's four major sports clubs is divided into broadcasting ticket fees, admission ticket revenue, advertising revenue, product revenue, and sales revenue in the stadium. The broadcasting rights, which account for the largest portion, were made at the association or federation level, and even that, except for professional baseball, which was set at about 54 billion won per year, broadcasting rights are insignificant for other sports. Professional volleyball and professional soccer are in a very poor situation, with 5 billion won per year and less than 3 billion won in professional basketball. It is right to see that there is no real return to the club. For a club that pays billions and tens of billions of dollars every year, the second division is too much of a burden.
Kim Si-hoon, a former professional volleyball player.
Therefore, in reality, it is necessary to invest in middle and high school elite schools rather than running the second division. In fact, a famous school in Seoul has a one-year budget of 13 million won for its volleyball team. This amount is an amount that is used up once each player matches their uniform and participates in the competition. Parents are encouraging their children to quit volleyball, as subsidies for elite schools are decreasing and the financial burden is relatively growing. As the number of volleyball students decreases, middle and high school volleyball teams gradually disappear, and the probability of having a good player is inevitably reduced.
Volleyballers now need to change their eyes. You should look inside, not outside, and try to solve the fundamental problems. Student athletes are our hope and future. Rather than waiting for a good player to come out or for a leader to raise a good player, it is time for the volleyball federation, the Korea Volleyball Association, and the club to work together to make efforts and invest in student players to carry out their dreams. 스포츠토토
Regarding the minimum employment rate, each club cited problems for various reasons, but pointed out that the biggest problem among them was that there were no "players to pick." In fact, there is a clear difference between the high school and university teams and professional leagues. Overall, the average level of volleyball skills of players is gradually decreasing.
2023-24 Korean Volleyball Federation Men's Rookie Draft.
On top of that, with the introduction of the Asian quarter system, clubs think that it is better to strategically reinforce the Asian quarter by using low-salary and talented players rather than fostering rookie players who have to teach the basics. This phenomenon is expected to become more serious in the future.
Even if they are selected in the draft, it is difficult for many rookie players to last two years. With the team entry set, if a rookie player comes in through the draft, someone has to leave the team. In the reality that this situation occurs repeatedly every year, it leads to no dream or hope for players who have only played volleyball all their lives targeting professional teams. Some players who have left the team sometimes try to get back into the professional team, but the probability of actually getting back into the professional team is so low that most give up and go to the business team or leader's path.
When asked to middle and high school students who are currently playing volleyball, "What is your goal?" and "What is your dream?" it was inevitable that the majority of them were playing volleyball aiming to enter college. Wasn't the dream of the normal athletic friends to be like the idol they wanted in the national team or the professional team? Now that college admission is the goal, it was bound to be quite shocking, and I became aware of how serious the current situation is.
It is necessary to think about whether student players are playing volleyball only for college admission. In a situation where the professional door is getting narrower, there are not many options if you don't get a professional. The business team is in a similar situation to the professional team. This is because the team is run around veterans with a fixed number of entries. In the course of leadership, the school volleyball team is gradually disappearing, and the way to get a job as a leader is also a needle hole. In this situation, student players have no choice but to enter college as the best option they can aim for. Although he loves volleyball and likes volleyball, it is sadly the present of Korean volleyball that most of the players whose goal and dream is to enter college because of the high wall of reality.
If you are a volleyball player, you should feel responsible for this reality. The volleyball community should work together to establish a long-term plan for the revival of Korean volleyball and speak with one voice to realize it. Various solutions should be discussed and focused on feasible plans, including expanding the base of volleyball, revitalizing youth volleyball, systematizing prospects and leaders, operating a dual national team, and introducing a second-tier V-League.
Directed by Andrea Gardini and by Lorenzo Bernardi.
In June, the Korea Volleyball Federation held an integrated workshop. The biggest event among the workshop events was the forum inviting outstanding overseas leaders. Andrea Gardini and Lorenzo Bernardi, who were inducted into the FIVB (International Volleyball Federation) IVHF (Hall of Fame), were invited to discuss.
Amid various discussions, all participants agreed on the importance of the second or lower leagues. Andrea Gardini said, "The players need opportunities. The top league is also important, but it is a healthy league only when the lower league is strong," he said, stressing that the Italian league has several lower leagues. Manager Lorenzo Bernardi also said, "The coach at the helm of the team has to win the game. As a result, there may be a burden on giving young players a chance. In some cases, they may be in a situation where they have to assume the position of director. Young players are the future of the team. We need to find a way to give them a chance, he said.
However, it is a question mark as to whether it is possible to introduce the second-tier league in reality. I don't think it can operate exactly under the current situation. Currently, if you look at the total operating cost of the professional volleyball team for one year, it is slightly different from team to team, but it is spending an average of 6 billion won to 10 billion won. For the men's salary cap in the 23-24 season, a total of 5.81 billion won, which is 4.15 billion won and an option cap of 1.66 billion won, is applied.
The revenue structure of Korea's four major sports clubs is divided into broadcasting ticket fees, admission ticket revenue, advertising revenue, product revenue, and sales revenue in the stadium. The broadcasting rights, which account for the largest portion, were made at the association or federation level, and even that, except for professional baseball, which was set at about 54 billion won per year, broadcasting rights are insignificant for other sports. Professional volleyball and professional soccer are in a very poor situation, with 5 billion won per year and less than 3 billion won in professional basketball. It is right to see that there is no real return to the club. For a club that pays billions and tens of billions of dollars every year, the second division is too much of a burden.
Kim Si-hoon, a former professional volleyball player.
Therefore, in reality, it is necessary to invest in middle and high school elite schools rather than running the second division. In fact, a famous school in Seoul has a one-year budget of 13 million won for its volleyball team. This amount is an amount that is used up once each player matches their uniform and participates in the competition. Parents are encouraging their children to quit volleyball, as subsidies for elite schools are decreasing and the financial burden is relatively growing. As the number of volleyball students decreases, middle and high school volleyball teams gradually disappear, and the probability of having a good player is inevitably reduced.
Volleyballers now need to change their eyes. You should look inside, not outside, and try to solve the fundamental problems. Student athletes are our hope and future. Rather than waiting for a good player to come out or for a leader to raise a good player, it is time for the volleyball federation, the Korea Volleyball Association, and the club to work together to make efforts and invest in student players to carry out their dreams. 스포츠토토
Gambler's Guide to Bitcoin Casino
The online gambling industry and Bitcoin are showing how much they can make when combined with several casinos that accept digital currency payments.
The online gambling industry and Bitcoin are showing how profitable they are when combined with several casinos that accept digital currency payments. So between February and March, an average of $4,000 in bitcoin was paid per minute. However, according to James Fuller, an industry expert at BigcoinGambling.com , bitcoin gambling is just the tip of a huge crypto iceberg and is now distracting players and operators from having something even more interesting happen deep inside the stomach of cryptocurrency betting.
"If you want to see the bleeding edge of online gambling, what you need to see is Ethereum, not Bitcoin," Fuller told CoinTelegraph. "Many casinos are experiencing "fear of missing out" when dealing with Bitcoin, but if you look a little deeper, you'll see that Ethereum's smart contract technology is on the verge of rewriting the entire industry."
Bitcoin Is Successful By Replacing Legal Currency Betting. Bitcoin's value comes with security and, for some, anonymity when playing games at online casinos. But Fuller says this is a useful application of currency, but a whole new paradigm is being formed thanks to Ethereum smart contracts.
An Unreliable Gamble
Unreliable online gambling has only recently become possible through Ethereum's smart contract activation. A smart contract in which the code is publicly audited ensures that the bet is paid to the right party based on the agreed terms and conditions between the people involved. These contracts do not require a broker, and the collection of contracts can replace the entire gambling operator without the need for supervision. Code is guaranteed to run thanks to the Ethereum virtual machine. These smart contracts result in a significant reduction in operating costs for the businesses that distribute them.
"When costs are lower, housing prices are lower. And in the future, it's likely that smart contract gambling applications will operate at 0% home prices," Fuller says. "It's hard to imagine what a gambling industry with zero per cent home prices would mean for players and operators, but it would certainly shake up an industry that has remained fairly stable over the last two decades."
Fuller added, however, that if there's a 0% house edge, you'll have to find other means of revenue generation and it'll be very difficult to compete with the marketing budget of the existing casino.
Fuller says profitability isn't the only problem holding smart contract gambling applications back, and says smart contracts are still too young, which is witnessing problems with adoption and user experience that are "unovercoming at this point."
He added, "We expect the status quo to remain the same for at least two years while the smart contract casinos have 'bells and whistles' attached." "But the development under the surface of this market is fast-paced and what we're seeing could swallow up the entire gambling industry."
The Future of Crypto Gambling
It's not just the traditional casino experience that Ethereum is expected to disrupt. A whole new aspect of online gambling is coming true, and Fuller says predictive market platform Augur is proving itself to be the most promising real-world application currently in development.
Auger aims to enable the prediction of future events by allowing anyone in the world to bet on a given outcome without permission. Using "wisdom of the crowd," forecasters can make predictions with higher accuracy, while players can bet on real value tokens (REPs) if their predictions are accurate.
Despite such promising applications in the betting industry, the reality is that gambling, a hobby that can be traced back to Europe and China, is unlikely to change significantly anytime soon.
But with the advent of Bitcoin and the latter, Ethereum's smart contracts, unreliable and unauthorized bets could become a huge market in the near future, Fuller says.
"August is doing really interesting things that the mainstream public would want to participate in, which is good because you have to participate in the Ethereum blockchain to participate," Fuller concluded. "It's good for adoption." 바다이야기
The online gambling industry and Bitcoin are showing how profitable they are when combined with several casinos that accept digital currency payments. So between February and March, an average of $4,000 in bitcoin was paid per minute. However, according to James Fuller, an industry expert at BigcoinGambling.com , bitcoin gambling is just the tip of a huge crypto iceberg and is now distracting players and operators from having something even more interesting happen deep inside the stomach of cryptocurrency betting.
"If you want to see the bleeding edge of online gambling, what you need to see is Ethereum, not Bitcoin," Fuller told CoinTelegraph. "Many casinos are experiencing "fear of missing out" when dealing with Bitcoin, but if you look a little deeper, you'll see that Ethereum's smart contract technology is on the verge of rewriting the entire industry."
Bitcoin Is Successful By Replacing Legal Currency Betting. Bitcoin's value comes with security and, for some, anonymity when playing games at online casinos. But Fuller says this is a useful application of currency, but a whole new paradigm is being formed thanks to Ethereum smart contracts.
An Unreliable Gamble
Unreliable online gambling has only recently become possible through Ethereum's smart contract activation. A smart contract in which the code is publicly audited ensures that the bet is paid to the right party based on the agreed terms and conditions between the people involved. These contracts do not require a broker, and the collection of contracts can replace the entire gambling operator without the need for supervision. Code is guaranteed to run thanks to the Ethereum virtual machine. These smart contracts result in a significant reduction in operating costs for the businesses that distribute them.
"When costs are lower, housing prices are lower. And in the future, it's likely that smart contract gambling applications will operate at 0% home prices," Fuller says. "It's hard to imagine what a gambling industry with zero per cent home prices would mean for players and operators, but it would certainly shake up an industry that has remained fairly stable over the last two decades."
Fuller added, however, that if there's a 0% house edge, you'll have to find other means of revenue generation and it'll be very difficult to compete with the marketing budget of the existing casino.
Fuller says profitability isn't the only problem holding smart contract gambling applications back, and says smart contracts are still too young, which is witnessing problems with adoption and user experience that are "unovercoming at this point."
He added, "We expect the status quo to remain the same for at least two years while the smart contract casinos have 'bells and whistles' attached." "But the development under the surface of this market is fast-paced and what we're seeing could swallow up the entire gambling industry."
The Future of Crypto Gambling
It's not just the traditional casino experience that Ethereum is expected to disrupt. A whole new aspect of online gambling is coming true, and Fuller says predictive market platform Augur is proving itself to be the most promising real-world application currently in development.
Auger aims to enable the prediction of future events by allowing anyone in the world to bet on a given outcome without permission. Using "wisdom of the crowd," forecasters can make predictions with higher accuracy, while players can bet on real value tokens (REPs) if their predictions are accurate.
Despite such promising applications in the betting industry, the reality is that gambling, a hobby that can be traced back to Europe and China, is unlikely to change significantly anytime soon.
But with the advent of Bitcoin and the latter, Ethereum's smart contracts, unreliable and unauthorized bets could become a huge market in the near future, Fuller says.
"August is doing really interesting things that the mainstream public would want to participate in, which is good because you have to participate in the Ethereum blockchain to participate," Fuller concluded. "It's good for adoption." 바다이야기
