As the NBA prepares to go back to work, the trading team at Cloudbet, the leading crypto sportsbook and casino, assesses the latest market movers and shakers
The wait is almost over: The NBA is ready to go again, just two months after Lebron James and the Los Angeles Lakers trounced the Miami Heat in last season’s finals. The victory put an emphatic exclamation mark on the Covid-19 iteration of America’s premier basketball competition, which played out its final months in the league’s Disney World bubble in Florida.
Since then, there have been a flurry of draft and free-agency dealings, along with a few superstars returning to injury, which promise yet another humdinger of a season – all with the spectre of Covid looming in the background.
Cloudbet takes this opportunity to preview the action, with the first games tipping off on December 22. Buckle up, folks!
The West – A Lakers dynasty in the making
Champs get stronger
If last season made just one thing clear, it’s that the Lakers are back for good – and ominously, they’ve had probably the best off-season in the league, making all the right moves to improve in all positions over last year.
First of all, they re-signed Anthony Davis to a five-year, $190 million contract, a move that confirms that nothing less than a repeat this year is acceptable.
Trading Dennis Schroder from the Oklahoma City Thunder, while adding depth to the Center position through free agents Marc Gasol and reigning sixth man Montrezl Harrell has stacked the roster even further. Wesley Matthews taking Danny Green’s spot is the last piece of the puzzle.
They remain the team to beat in 2021 and are deservedly the No.1 title favourites. Cloudbet is offering odds of 2.88/+188 on the Lakers lifting the title and 1.85/-177 to take the Western Conference.
Clippers to contend
The Lakers’ cross-town rivals are looking to reboot their fortunes after their huge summer letdown, giving up a 3-1 series lead in the Western semifinals against the Denver Nuggets.
The Clips have a new head coach in Tyronn Lue and the team has locked in Paul George until 2025 with a contract extension. Meanwhile, the gap at center created by Harrell’s departure has been filled with Serge Ibaka – who has now been reunited with Kawhi Leonard: The two both shared a championship title with the Toronto Raptors in 2019.
The Clips will be looking for Ibaka’s defensive game to better contain players like Anthony Davis and the Nugget’s Nikola Jokic more effectively, especially in the post-season.
The Clips are currently at 8.18/+718 to take the title and you can get odds of 2.12/+112 that they end the regular season with a greater than 67% win percentage.
A nod to the Nuggets
While the hunt for the six remaining Western Conference playoff spots includes several teams in the mix-up, one looks to stand out from that group.
The Denver Nuggets seem to be a few steps (or years) away from going all the way, with a great young core by way of Nikola Jokic, Jamal Murray and Michael Porter Jr. Under the guidance of Head Coach Mike Malone, the Nuggets have built on strong foundations and will be a force to be reckoned for the foreseeable future. Denver is 20.9/+1996 to win it all this season.
The East – up for grabs
In the Eastern Conference, things look a bit more fluid.
The Milwaukee Bucks seem to have found a way of killing it during the regular season – and played some great basketball before the March shutdown – but still lack the knack of transforming these home-court advantages into deeper postseason quests for glory.
Giannis Antetokounmpo joined the elite company of only Michael Jordan and Hakeem Olajuwon by winning both MVP (his second in a row) and Defensive Player of the Year in the same season last year. The Greek Freak looks hungry as ever to make the leap into the finals.
The most notable move made by the front office saw Jrue Holiday join from the New Orleans Pelicans in the off-season, while the waiting game around Giannis is over – on Wednesday he signed the full five-year, $228 million supermax contract. He’s committed to Milwaukee now for a long time.
Milwaukee’s title odds are currently 6.36/+536.
It was the Miami Heat (23.0/+2201 for the title) that knocked Milwaukee out in the bubble. The Bucks had no answer for the Heat’s physical and tactical approach, led by alpha dogs Jimmy Butler and Bam Adebayo. Butler’s unquestionable fighter mentality and work ethic is paired by a unique two-way talent. Bam was dominant in the paint while young sharpshooters Tyler Herro and Duncan Robinson set the tone for a balanced offence that sets the bar high for 2021.
This season’s Brooklyn Nets (7.55/+655 for the crown) are perhaps the most intriguing entity in the East. The return of Kevin Durant (10.5/+959 for regular season MVP) and Kyrie Irving (92.9/+9192 for the same) at full strength automatically flips the switch on the Nets to contender status, while Spencer Dinwiddie and Caris LeVert should again play integral roles having had their best professional seasons in 2020.
The arrival of Steve Nash as head coach was the story of the off-season. The hiring of the former Suns two-time MVP has been met with some skepticism though, mainly due to his lack of experience in the position. No doubt both fans and pundits will be watching closely.
The Covid elephant in the room
We can’t end any major competition preview without a generous nod of the head to the bogeyman du jour. The NBA’s solution to covid last season – the Disney World bubble – was an enormous undertaking and an undeniable success. Building on that experience, the league now has strict protocols and a slightly rejigged playing schedule in place this season.
Perhaps the biggest change for players, aside from the relative isolation, will be road-trip restrictions and playing matches back-to-back while visiting. It’ll be interesting to see how teams (and betting odds) respond to sudden line-up and venue adjustments if Covid rears its ugly head.
Cryptocurrencies in Casinos – the Promises & Pitfalls
Cryptocurrencies are having a moment. Bitcoin, the first and most well-known cryptocurrency, has seen its value skyrocket in recent months, with one bitcoin worth more than $18,000 at the time of this writing. Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. This makes them a potentially appealing option for online casinos, which could use them to make deposits and withdrawals faster and more secure. But there are some potential pitfalls to consider before jumping into cryptocurrencies for online casino gaming. Let’s take a closer look at both the promise and the risks of using cryptocurrencies in casinos.
How Does a Bitcoin Casino Work?
When it comes to online gambling, there are a lot of options to choose from. One type of online casino that has been gaining popularity in recent years is the Bitcoin casino. So, how does a Bitcoin casino work?
Essentially, a Bitcoin casino is just like any other online casino, except that it allows players to gamble using the cryptocurrency Bitcoin. This can be beneficial for both the casino and the player, as it offers a more secure and anonymous way to gamble. Lots of recent brands which were launched in 2022, offer crypto payments to players in India and beyond. For the player, this means that their personal information is not at risk of being compromised.
For the casino, it means they can accept payments from players worldwide without having to deal with banks or other financial institutions. In order to get started with a Bitcoin casino, all you need is a Bitcoin wallet. Once you have set up your wallet, you will be able to deposit Bitcoins into your account and start playing your favorite casino games.
What are the Pros of Crypto in a Casino?
The advantages of cryptocurrencies in casinos are many and varied. Below are the top benefits of the use of cryptocurrencies in online casinos:
- Anonymity and Security: When most people think of casinos, they envision a seedy underworld where cheaters prosper, and their personal information is at risk. However, Bitcoin casinos are changing this perception by offering a secure and anonymous way to gamble online. Unlike traditional casinos, which require their users to fill out extensive personal information forms, Bitcoin casinos allow users to gamble anonymously. This not only protects their personal information from being hacked or stolen but also allows them to avoid any government scrutiny. As a result, Bitcoin casinos are becoming the preferred choice for many online gamblers. In addition to offering enhanced security and anonymity, Bitcoin casinos also allow users to take advantage of lower transaction fees and faster payouts. With all these benefits, it’s no wonder that Bitcoin casinos are quickly gaining popularity worldwide.
- Cheap & fast payment: Cryptocurrency transactions are carried out directly between the user and the operator without the interference of any third party. This makes for seamless and speedy transactions. The lack of a central authority also means that there are no delays or “red tape”, as is often the case with traditional financial institutions. In addition, cryptocurrency payments can be made cheaply and quickly without the need for expensive infrastructure or middlemen. As a result, cryptocurrencies are an attractive option for those looking for fast and efficient payments.
- Bonuses: Bitcoin casinos offer various bonuses and rewards for their customers. One of the most popular bonuses is the no deposit bonus, which is offered to new customers. This bonus allows you to play without having to make a deposit, and it can be a great way to try out a new casino. However, it’s important to read the terms and conditions of the bonus before you claim it, as some bonuses have wagering requirements or other restrictions. There are also often reload bonuses available, which give you a bonus when you make a second or third deposit. These bonuses can be a great way to boost your bankroll and increase your chances of winning. Bonuses are one of the many reasons why Bitcoin casinos are becoming increasingly popular.
- Decentralised: The decentralised nature of Bitcoin is one of its key advantages. Unlike traditional currencies, which central banks regulate, Bitcoin is not subject to any central authority. This means that no government or financial institution can interfere with Bitcoin transactions or freeze a person’s account. Instead, Bitcoin transactions are verified by a global network of computers known as miners. These miners work together to confirm each transaction and are rewarded for their efforts with new bitcoins. As a result, Bitcoin’s decentralised nature ensures that no single entity can control the currency or manipulate the transaction process. This makes Bitcoin a more secure and trustworthy currency system.
What are the Cons of Crypto in a Casino?
Cryptocurrencies in casinos are not without their risks and drawbacks. One of the most significant dangers is the possibility of theft or fraud. Because digital currencies are stored in digital wallets, they are susceptible to hacking. If a hacker can gain access to a user’s wallet, they could theoretically steal all of the currency stored inside.
Another risk associated with cryptocurrencies is volatility. The value of Bitcoin and other digital currencies can fluctuate wildly, creating problems for casinos that accept them. If the value of a currency plummets suddenly, a casino could end up taking a big loss.
Finally, there is the regulatory risk. Cryptocurrencies are still not well understood by most governments and regulators. This could create problems down the line if authorities decide to crack down on casinos that accept them.
BGaming creates exclusive slots and games for Winz.io crypto casino
Traditional online casinos continue to refuse to accept cryptocurrency assets as payment options for their accounts, claiming that they are inherently unstable. There is some truth to these words because we can see for ourselves how the overall market is falling as a result of the Terra ecosystem hacks. But you have to give cryptocurrencies credit for some ambitious casino projects that are still operational simply because they accept cryptocurrency deposits and withdrawals. Today, we will look at how virtual money has impacted the entire gaming industry.
BGaming and Winz.io casino
If you are an experienced online casino player, then you also know about the most popular software developers like BGaming. They have released exclusively exclusive games for Winz.io casino online such as Multihand Blackjack and Winz to the Moon.
Winz to the Moon is a fascinating and very addictive slot game that is built to evolve and reward players with unpredictable results and large prizes. There, users may study the payoff tables to learn how the game works and how much they can win. It allows you to go on adventures in deep space, and by spinning the symbols on the screen, you may win prizes that are out of this planet.
Multihand Blackjack is an extremely popular game that has drawn participants from all over the world since it was launched and made available. It is simple to learn and enjoy, whether you are a seasoned professional or a novice who has never played a game like this before. The purpose stays the same as in any other blackjack version. Players must obtain a total number that does not exceed “21,” but should be as near to it as possible because they are playing against the dealer, who also has a hand. Six decks are employed here, allowing for 312 playing cards every round. In addition, the dealer will deal with three hands.
Cryptocurrencies in gambling
At a time when traditional gambling sites were under state scrutiny, each crypto casino saw unprecedented gains as a result of a sense of freedom. Traditional representatives of this type of gambling began to feel constant pressure from regulators, who were required to enforce anti-money laundering laws and implement mandatory KYC verification. Later, traditional online casinos began to suffer from financial institutions that required individual verification of each new player and withdrawal approval under the same law.
All of that has changed with the advent of cryptocurrencies. Because it does not apply to any known financial institution, it cannot be regulated. The very nature of cryptocurrencies is decentralized and transparent. As a result, states and regulators have relaxed their grip on traditional casinos because frequent checks have become a minor inconvenience for users. Even where there was no direct support for cryptocurrencies, casino gaming has become more open.
These are the most Googled Cryptocurrencies in every European Country
New research has revealed the cryptocurrency each European country wants to invest in the most, with Bitcoin taking the top spot.
The research, conducted by online casino experts AskGamblers, analysed Google Trends data over the past 12 months to establish the cryptocurrency that each country across Europe wants to invest in, based on searches.
The analysis revealed that Bitcoin is the most searched cryptocurrency in Europe, with twenty-one countries searching for Bitcoin more than any of its competitors, including Germany, Poland, Romania, and Belgium.
Seven countries were searching to invest in Shiba Inu more than any other cryptocurrency, including the UK, Russia, France, and Italy. This makes Shiba Inu the second most popular cryptocurrency in Europe.
Ethereum is the third most popular cryptocurrency, according to the research. The countries seeking to invest in Ethereum the most are Sweden, Czechia, Latvia, and Slovenia.
A total of three countries – the Netherlands, Bulgaria, and Andorra, were searching for Cardano more than any other cryptocurrency. This placed Cardano in the fourth spot in Europe overall.
In fifth place is Dogecoin, which was the most popular cryptocurrency in Greece and Albania.
Commenting on the findings, a spokesperson for AskGamblers said: “There is an abundance of free information available online to educate people on crypto, especially on platforms such as TikTok and YouTube. This has opened the opportunity for people of all different backgrounds to start investing, who might not have had the knowledge or confidence to enter the world of crypto before.”
“With 38 million crypto users in Europe and thousands of cryptocurrencies on the market to choose from, it is fascinating to see which one people are the most interested in investing in. Although Bitcoin is the most popular overall, the interest in Shiba Inu has grown to surpass Bitcoin in major countries such as Russia and the UK.”
Most Googled Cryptocurrency in Europe
|Cryptocurrency||No. Countries Searching for it the Most|
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