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Big Fight: Tyson vs Jones Jnr – Cloudbet customers ring the changes

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Big Fight: Tyson vs Jones Jnr - Cloudbet customers ring the changes
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Mike Tyson remains favourite, but Cloudbet customers turn their backs on Saturday’s boxing circus

  • Savvy bettors shun Tyson vs Jones Jnr exhibition
  • Value of Cloudbet’s market so far less than 1% of McGregor vs Mayweather fight
  • Celebrity undercard bout featuring Disney star Jake Paul and ex NBA point guard Nate Robinson attracts 12x number of bets
  • Almost 50x amount of money wagered on Paul v Robinson than on Tyson v Jones with the bitcoin betting pioneers

The Covid-hit sports calendar of 2020 might have thrown up a number of surprise hits with global betting enthusiasts but it seems the forthcoming Mike Tyson vs Roy Jones Jnr bout is not destined to be one of them.

Belarussian football, Taiwanese basketball, League of Legends… at different times, these all caught fire with sports bettors, but this high-profile boxing exhibition seems unable to land a knockout punch. Back in 2017 the match-up between Conor McGregor and Floyd Mayweather Jnr, hyped as “The biggest fight in combat sport history”, or more simply, “The Money Fight”, totally lived up to its billing, making it the biggest betting event in Cloudbet’s history by number of players.

Fight promoters Triller, a social media app spending millions to try and compete with Tik Tok, hoped to replicate this excitement, and gave it a whopping $49.99 pay per view price tag. But bettors think you must be punchdrunk to get involved, likening it to that Tiger Woods vs Phil Mickelson PPV head-to-head back in 2018, which proved a waste of time for all except the two golfers, who netted a huge payday.

Roy Jones Jnr’s team has been bigging up their man’s fitness and “evolution” as a fighter, while Tyson, who last set foot in the ring in 2005, claims his recent persona of a weed-smoking peacenik will be a distant memory the second he gets his gloves on. But, with both Tyson and Jones Jnr the other side of 50, the fight is being held on special exhibition rules – such as “hard sparring” only, no knockouts and the threat of just a cut precipitating an immediate stop from the referee – the only thing to look out for is if these two legends of the ring remember they’re not supposed to be fighting for real.

The bout between the two aging ex-heavyweight world champions takes place on Saturday at Staples Centre, Los Angeles, on a bizarre card which also features a former NBA star, Nate Robinson, facing YouTuber-turned- Disney Channel star (and Triller investor) Jake Paul.

Cloudbet’s customer base just aren’t buying into this seniors’ day out and haven’t spent much time searching for Tyson vs Jones odds. Twelve times the number of bets have been taken on the Jake Paul vs Nate Robinson fight, with almost 50 x as much turnover in this market, compared with wagers on Tyson vs Jones Jnr.

Founded in 2013, Cloudbet is one of the world’s longest established bitcoin betting operators, and will be running winner’s and total rounds markets on this fight and its undercards. Besides bitcoin, Cloudbet accepts ethereum, bitcoin cash and a number of stablecoins including USD Tether and USD Circle.

New customers gagging for bitcoin odds for boxing can get a bet on Tyson or Jones Jnr through an easy sign-up process and on-site cryptocurrency purchases with a credit card. Iron Mike is favored, by the way, at 1.53 (- 187).

So why have these two legendary boxers agreed to something that could leave their reputations on the ropes? Another ex-champion George Foreman has been in the media saying he thinks he knows. “It’s temporary insanity. I liken it to a guy who wants to get on a boat and go out to sea. It seems like so much fun, so peaceful, so he wants to get out there and do it. Then he gets out there and the big waves start coming and the sea is rough and it’s raining and the wind is blowing and he asks himself: “Lord, why did I ever do this?”

Anyone stumping up the $49.99 fee to watch this may well end up asking themselves the same question.

Cryptocurrency

Fnatic and Crypto.com enter historic partnership

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Fnatic and Crypto.com enter historic partnership
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London-based global esports performance brand Fnatic has today revealed Crypto. com, the fastest-growing crypto platform with more than 10 million users worldwide, as its inaugural Global Cryptocurrency Partner. The multi-year deal is worth more than $15M.

The partnership is Crypto. com’s first-ever in esports and adds to the company’s rapidly expanding portfolio of partners, which includes leading sports brands such as UFC, Formula 1®, Lega Serie A, Aston Martin Cognizant Formula 1, the Montreal Canadiens and Paris Saint-Germain. The historic deal will enable Crypto. com to seamlessly engage with Fnatic’s truly global and digitally-native audience.

The multi-faceted partnership will see Crypto. com’s logo featured on the collarbone of Fnatic team jerseys. Fnatic will also offer fans numerous rewards and money-can’t-buy experiences – including with existing Crypto. com partners – for Crypto. com users purchasing Fnatic goods. The partners will also launch new digital products, such as exclusive Fnatic NFTs in the near future.

Crypto. com will work with Fnatic on a variety of activations with Fnatic’s esports teams, players and creators including collaborative storytelling with existing Crypto. com partners, engaging gaming content, branded in-game experiences and physical events. To help its fans further understand cryptocurrency and future-proof their decisions, Fnatic will also offer financial literacy and crypto education opportunities for those that are new to cryptocurrencies and NFTs.

Fnatic CEO, Sam Mathews, said: “This partnership sees global leaders in esports and cryptocurrency join forces for a ground-breaking, long-term partnership. Fnatic boasts one of the most connected, involved and supportive fan bases in the world and this landmark deal with Crypto. com allows us to further cater to their everyday needs. As cryptocurrency becomes a mainstream payment method, there’s never been a better time to help our fans make smarter, healthier and future-proof cryptocurrency decisions.

Kris Marszalek, Co-Founder and CEO of Crypto. com, said: “We’re really excited to launch a fully integrated partnership with Fnatic, which marks a milestone for our industry. With more than 200 championships, their team has excelled in-game and out, and rightfully established itself as the leading team in esports.”

As well as having 10 million customers worldwide, Crypto. com also boasts the world’s most popular crypto card, which is available in more than 30 countries around the world. It is also a top ten finance app on both the App Store and Google Play. Earlier this year, Crypto. com also announced its ambition to become carbon negative within 18 months, offering the industry a path and a model for ‘clean crypto’.

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Cryptocurrency

BITCASINO AND EVIL GENIUSES LAUNCH FIRST CRYPTO-BASED DIGITAL GAMING PARTNERSHIP IN ESPORTS HISTORY

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BITCASINO AND EVIL GENIUSES LAUNCH FIRST CRYPTO-BASED DIGITAL GAMING PARTNERSHIP IN ESPORTS HISTORY
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Jersey Patch Partnership Features Multiple Facets Across EG’s DOTA 2, Counter-Strike, FGC and Creator Rosters 

  Yesterday, it was announced that crypto pioneer Bitcasino, a leading bitcoin-led casino operator, has partnered with Evil Geniuses (EG), one of the original and most iconic professional esports organizations in the world. Bitcasino, part of Yolo Group, merges cryptocurrency with a digital gaming experience by offering an assortment of games and entertainment. As the first crypto-based digital gaming partnership in esports history, Bitcasino will be showcased across a number of EG facets including the Evil Geniuses DOTA 2, Counter-Strike, FGC and Creator rosters.  

“We love Evil Geniuses’ passion and forward-thinking approach to everything they do,” Head of Bitcasino Kaupo Kangro said. “They have been changing the game for more than 20 years, which is why they make the perfect partner for Bitcasino. They’re true pioneers who share our values for fun, fast and fair gaming. It’s an honour to see the Bitcasino logo on the EG jersey, and we’re excited about the great content that we will be partnering on for Evil Geniuses fans around the world.” 

Starting later this week with the Blast Premier Fall Showdown, EG players will wear new jerseys that feature the Bitcasino logo on their right sleeve. 

“Evil Geniuses has always been a trailblazer within esports and bringing on a pioneer in their industry like Bitcasino, EG continues our commitment to engage our fans in new and innovative ways,” said Brian Millman, Director of Corporate Partnerships at Evil Geniuses.

The partnership also features CS:GO programming including a custom created map featuring familiar B-Site locations where players will race against the clock in mobility obstacles and accuracy challenges. The challenge course was specially designed for Bitcasino and tested by EG pro and content creator Tarik Celik. Fans can participate in the fun, too, by downloading the map via Steam.

In addition, the partnership will feature a content series headlined by EG CS:GO and DOTA 2 players, fans will submit videos of their play, either best or funniest moments for EG pros to guess what comes next at key moments. The content series that will be shared on social media will feature various EG pros providing unique commentary on fan behavior. 

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Compliance Updates

Ukrainian Parliament Passes Law Legalising Cryptocurrencies

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A draft law legalising and regulating cryptocurrencies and other virtual assets like tokens in Ukraine has passed the parliament in the second reading on September 8. A total of 276 Ukrainian lawmakers voted for the bill.

Cryptocurrencies have been neither legal nor forbidden in Ukraine because there were no laws that defined them. Ukrainians could buy and exchange virtual currencies, but local courts could not protect them if something went wrong.

If signed by President Volodymyr Zelensky, the law will protect the owners of virtual assets and exchange platforms from fraud. It will also determine how Ukraine will regulate the cryptocurrency market in the future.

Cryptocurrency is hugely popular among Ukrainians — the daily turnover of virtual assets in the country accounts for $37,000, according to Mykhailo Fedorov, Ukraine’s Minister of Digital Transformation. If cryptocurrency becomes legal and therefore safer, more Ukrainians will invest in it, Fedorov said.

“Only a few countries in the world have legalized crypto assets — Germany, Luxembourg, Singapore. Ukraine will be one of them,” he added.

Recognising cryptocurrency is vital for the booming industry, experts said. “It will reduce stereotypical attitudes towards cryptocurrencies and will help them to become normal financial instruments,” according to Oleg Kurchenko, CEO of virtual asset exchange platform Binaryx.

However, experts are worried that too many rules could stifle innovation and put pressure on businesses. Some crypto investors could leave the country because they do not trust state initiatives, Kurchenko said.

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