The exponential growth in the popularity of cryptocurrency sports betting over the past several years should not come as a surprise. There are already a large number of cryptocurrency sportsbook websites.
New websites are emerging that provide bettors with cutting-edge advantages over conventional odds-based methods. These cryptocurrency sports betting platforms continue to attract lots of new customers.
Cryptocurrency in sports betting
To put it mildly, sports betting is well-liked everywhere. It is only logical that the industry has grown over the last few years. This dramatic economic expansion is being fueled by the legalization of sports betting on a global scale.
The amount of people who know about or engage in sports betting is just one aspect of this growth, though. It also covers the wide spectrum of developing sports betting methods.
Blockchain technology has already made its way into the sports betting industry as a result of digitalization and is on track to fundamentally alter it.
And although it does guarantee the sector a stable financial future, blockchain technology’s benefits go well beyond that. The introduction of crypto sports betting comes with numerous perks nonetheless.
In recent years, blockchain technology has begun to act in clever ways on the international financial market. Popular cryptocurrencies like Bitcoin and Ethereum have begun to rule the extremely volatile cryptocurrency market.
In the meantime, sports betting is prohibited by law in many different nations. It’s because governments can’t track every financial transaction, from their perspective. You can easily partake in sports betting thanks to the development of blockchain technology and legitimate cryptocurrency transactions.
The Bitcoin sports betting market is booming globally in the sports sector. Numerous blockchain sports betting services and Bitcoin sportsbooks are now accessible online. The sportsbook platform is gradually being improved by cryptocurrencies.
With the aid of cryptocurrencies and blockchain-based technology like Bitcoin casinos and others, the digital gambling business is expanding. With blockchain’s anonymity, sports betting has extended its use of cryptocurrencies to safeguard players’ and gamblers’ interests.
The smooth and effective running of online sportsbooks has been made possible by the marriage of sports betting and blockchain technology. Without taking into account any national legal issues, it has provided gamers all around the world with brand-new, secured live sports betting resources.
Blockchain technology and cryptocurrencies can do away with the necessity for third-party agents and their intervention. Numerous sports betting firms have been able to increase their earnings and provide bonuses or motivation to players since there is no outside interference in sports betting.
In recent years, this has drawn several gamers to this area of the online gaming market. Due to the removal of deposit and withdrawal minimums and transaction limits, cryptocurrency sports betting has grown more appealing. Additionally, it increases transaction efficiency instantly all over the world. Sports betting innovation and an infinite world for retail bettors, sports traders, and many others have been unleashed by cryptocurrencies.
Impact of Crypto on the sports betting industry
The introduction of blockchain technology has sparked a revolution in the sports betting sector. Sports betting has become a lot more dependable, transparent, and secure thanks to cryptocurrencies. This is made feasible by the implementation of a secure and unchangeable ledger system that keeps track of all wager-related information.
Some of the major impacts that crypto is having on the industry include:
Fairness in sports betting
By giving us a safe, open, and impartial platform, cryptocurrencies are enhancing sports betting. Blockchain technology is used by cryptocurrencies to store all bets in an immutable ledger. This makes it difficult for one individual or team to change the results in the end.
This will make it much easier to spot fraudulent activity and put a stop to it. Cryptocurrencies provide a more effective way to make payments and conduct transactions due to their very instantaneous transaction processing and lack of associated expenses.
You can be more anonymous while using bitcoins than when using a credit card or bank transfer. If you desire more anonymity when placing online bets, this is preferable. The risk of fraud in sports betting can also be decreased with the use of cryptocurrencies. Cryptocurrencies make sure that all funds are safely kept in wallets that are inaccessible to outsiders.
Transparency in sports betting
Blockchain and other distributed ledger technologies (DLT) that cryptos use can make sports betting completely trustworthy and transparent. They offer a distributed, secure, and immutable database of transactions.
The blockchain keeps track of all wagers in an encrypted fashion, preventing any outside party from altering the records. As a result of the data being dispersed throughout a network of computers, it is also highly challenging for one entity to take control of the system. Scammers will therefore find it far more difficult to influence the system or tilt the odds in their favor.
DLT makes all digital currency transactions publicly available in real-time, in addition to promoting trust. This guarantees that should you win, you will get your winnings and be able to confirm that your wager was placed correctly.
DLT also makes trustless betting possible by doing away with the requirement for third-party middlemen. Third parties are susceptible to manipulation or corruption, such as bookmakers or casinos.
Smart contracts enhance sports betting transactions
Smart contracts are computer code-enforced digital contracts that are kept on a blockchain. Transactions involving sports betting can be automated using them, increasing their efficiency and security. You can place bets with smart contracts without having to rely on the other player’s honesty or the reliability of a third party.
As a result, there is no longer a need for manual payment processing, and the dangers of fraud or tampering is decreased. The terms of each wager may be made transparent using smart contracts.
As a result, it is easy for both sides to keep tabs on each other’s development and ensure that all standards have been met before any money is distributed.
Additionally, automatic payments based on variables like game results and team performance may be established via smart contracts. This should make payments easier to make quickly and reduce disputes over financial transactions.
They may also assist in lowering transaction costs related to sports betting. To do this, human processing costs must be eliminated, and transaction times must be cut from days to minutes.
Talking to The Creatives Of War Words
I was so moved by War Words the Pulitzer Prize nominated docu-play based on the words of the men and women who served in the U.S. Military during the Afghanistan and Iraq wars, T2C set up an interview with the playwright Michelle Kholos Brooks, Sarah Norris the director and Donald Calliste on of the actors in the show, who is also a vet and served in the Afghanistan and Iraq wars.
War Word is based on Michelle Kholos Brooks interviews with veterans of the 20-year Long War and their families, War Words is composed of heroic and heartbreaking stories of the veterans, families, and allies of people who served: those who came home, and those who were left behind. The playwright and NewYorkRep have felt that there was always a need for civilians to better understand the motivation and sacrifice one makes to serve.
War Words: by NewYorkRep in association with New Light Theater Project at A.R.T. Theatre, 502 West 53rd Street, through December 17th.
Video by Magda Katz
Park Terrace Hotel, Hotel Chocolat and Ofreh
We miss the fireworks at the Bryant Park Christmas Tree lighting ceremony but we did watch Ofreh sing Christmas (Baby Please Come Home). Click here to hear her husband Andy Karl singing “Sleigh Bells”.
Bryant Park Tree Lighting and Andy Karl
Tonights tree lighting was hosted by Broadway performer Mauricio Martínez and Tony Award nominee and Grammy Award winner Jenn Colella, the Tree Lighting event featured live skating performances from Olympic skaters Mariah Bell, Karen Chen, Ryan Bradley, and World Champion skating pair Alexa Knierim and Brandon Fraizer, as well as Ice Theatre of New York, Figure Skating in Harlem, and The Skyliners.
t where Andy Karl and his wife Orfeh. Here is Andy singing “Sleigh Bells”.
Tomorrow look for the performances from Jenn Colella and Mauricio Martínez.
Broadway’s Harmony Sounds Great But Lacks Emotive Power
I don’t think I knew, going in, that Harmony, the new musical from book/lyric writer, Bruce Sussman (Ted Tally’s Coming Attractions) and music writer Barry Manilow now on Broadway at the Ethel Barrymore Theater, is based on a true story. But as it sings itself out to us, it starts by taking us back to the Carnegie Hall stage of 1933, but then shifts even further back to Berlin, Germany 1927, giving us a clearer picture of what might be coming at us. Panning out in tones not so subtle and utilizing the narrative structure of a standard memory play, a narrator, played by the endearing Chip Zien (Broadway’s original Baker in Sondheim/Lapine’s Into the Woods), stands forward, center stage, ushering us into the past and this story. His name, he tells us, is Rabbi, and he once was, back in the day, a member of a comedic singing group in Berlin made up of six young men who could harmonize and craft a joke like few others could. The group, ‘The Comedian Harmonists‘, was an internationally famous, all-male German close harmony ensemble that performed between 1928 and 1934. As one of the most successful musical groups in Europe before World War II, they steadfastly rose to fame and fortune as the Nazis came to power in Germany, and within that historic framework, the dye has been cast and the stage set.
Zien is most definitely an affable figure, one guaranteed to take us through this complicated and emotional story with expert ease, and we feel safe in his testimony. The elder Rabbi pulls us in, ushering us back to the first days of the group, and joining in with the fun whenever he can. It’s a tender beginning, and as directed and choreographed with energy by Warren Carlyle (Broadway’s After Midnight), we are forever cognizant of where this all will be heading. Zien quickly lets us into the framework, informing us that he is the only surviving member of this long-forgotten troop of singers, and he’s here to tell us their story so they won’t be forgotten. Noting the historical landscape, we can’t help but know where we are being delivered to, and it’s not all that shocking where we will end up.
With a group name that doesn’t exactly roll off the tongue, they come together with a joyful clarity, delivering the cool notes of a well-cast harmonic group. The crew of six, including a very good Matthew Mucha (CFRT’s Memphis)-an understudy for the absent Danny Kornfeld (Barrington’s Fiddler on the Roof) who usually plays the parallel part of Rabbi, younger and sweetly entwined with the other five; Sean Bell (HBO’s “Succession”) as Bobby; Zal Owen (Broadway’s The Band’s Visit) as Harry; Eric Peters (National tour: Motown the Musical) as Erich; Blake Roman (Paramount+’s “Blue Bloods”) as Chopin; and Steven Telsey (National tour: The Book of Mormon) as Lesh; come together neatly. They all fit into nicely categorized stereotypes that sing, make scene jokes, and travel the world entertaining their audiences with an ever-increasing amount of success, all under the watchful, but pseudo-approving eyes of the Nazis.
The six singers, all delicious and delightful to watch, deliver the goods solidly, even with songs that aren’t exactly memorable. But they sure look and sound good (and sometimes even great). No wonder they are seen as good public relations personas to the world, especially with their diversity, but as an audience member who knows what’s coming, it doesn’t sit so easily in the pit of our stomachs. The Nazis, as embodied by Andrew O’Shanick (“Pitch Perfect“) as Standartenführer – who claims to be a fan – don’t even seem to mind that a number of the group members, but not all, are in fact Jewish. This comes as a surprise, as most Jews and their equivalents were being robbed of their livelihood, their money, and their passports. But not these boys. Even when they push the boundaries of their PR protections outside of Germany, nothing happens, at least not right away.
The drama of the musical’s story is played out with conviction on a straightforward uncomplicated set by scenic designer Beowulf Boritt (Broadway’s New York, New York), with formula costuming by Linda Cho (Broadway’s Take Me Out) and Ricky Lurie (Gallery Players’ Godspell), inventive lighting by Jules Fisher + Peggy Eisenhauer (Broadway’s Gary), and a solid sound design by Dan Moses Schreier (Roundabout’s Trouble In Mind). It charges forward, but oddly, doesn’t hold us emotionally tight in its arms, running too long, and feeling soft-focused and sometimes generic in tone and form.
Can’t Wait For Boop To Come To Broadway
At the CIBC Theatre in Chicago, BOOP! The Musical, the new Broadway-bound musical extravaganza is making its debut . Actress Jasmine Amy Rogers is currently bringing her to life in Chicago, as she proves in this exciting song “Where I Wanna Be”.
The show is created by Tony Award®–winning director/choreographer Jerry Mitchell (Kinky Boots, La Cage aux Folles, Hairspray) who brings the Queen of the Animated Screen to the theater with celebrated multiple-time Grammy®-winning composer David Foster (“I Have Nothing,” “After the Love Is Gone,” “The Prayer”), Tony-nominated lyricist Susan Birkenhead (Working, Jelly’s Last Jam), and Tony-winning bookwriter Bob Martin (The Drowsy Chaperone, The Prom).
I am obsessed with the songs already. First was “Something To Shout About” and now “Where I Wanna Be”.
For almost a century, Betty Boop has won hearts and inspired fans around the world with her trademark looks, voice, and style. Now, in BOOP!, Betty’s dream of an ordinary day off from the super-celebrity in her black-and-white world leads to an extraordinary adventure of color, music, and love in New York City—one that reminds her and the world, “You are capable of amazing things.” Boop-oop-a-doop!
Talking to The Creatives Of War Words
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