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Blockchain Offers Cloudbet Players the Fairest Odds in Soccer

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  • Crypto advantage allows sportsbook to offer commission-free bets
  • Adds to other benefits blockchain technology provides to players

 

One crypto sportsbook is using the English Premier League’s return to demonstrate how blockchain technology helps it to offer customers fairer prices to maximise their winnings.

Cloudbet, the pioneering bitcoin operator, recently announced that for each remaining game in the EPL season, it would charge no commission on pre-match bets for 1000 players, allowing them to access the best odds — and therefore the highest returns — on the market.

The “zero-margin” campaign grabbed the attention of some seasoned industry observers, who questioned the sustainability of essentially giving up pre-match profit for the 92 remaining games in the season. It also draws attention to how Cloudbet leveraged its crypto background to offer players the fairest prices on the street, contrasting against a backdrop of improbable odds and gimmicks used by some operators that have dented the industry’s credibility.

The answer for Cloudbet lies in the blockchain technology that underpins its operations, and has helped it generate substantial savings from avoiding costs faced by fiat operators. Cloudbet passes on these savings to players by extending generous bonuses or, in the EPL case, removing the margin it charges on sports events.

Leading up to the Arsenal-Manchester City clash on June 17, Cloudbet had odds of 8.77 for a Gunners victory and 1.39 for a City win, compared to the average of 8.36 and 1.36, respectively, of five sportsbooks compiled by Bitedge.com. Cloudbet priced a draw at 5.88, compared with the book average of 5.74.

The EPL campaign is an extension of the operator’s long-standing “best odds” campaigns that feature margins as low as 2% on sports including soccer, basketball, American football and mixed martial arts.

“Ultimately, we’re aiming to make sports more engaging for our players and what better way to supercharge the experience than by offering the best prices that are mathematically possible,” a Cloudbet spokesman said. “The primary reason that we can do that is because of blockchain.”

The capacity to provide fairer pricing is yet another expression of the empowering and democratising characteristics of blockchain for the gaming industry. It’s another clear benefit the technology offers players, on top of the more widely touted faster transaction times, secure fund storage and privacy protection.

Founded in 2013, Cloudbet has been making waves since relaunching itself in late April. While it has built a legacy as a trusted bitcoin operator, the firm has taken a bold step toward making the new Cloudbet.com more accessible to mainstream players with the addition of USDT betting, along with easy credit-card coin purchases. Cloudbet also accepts ethereum and bitcoin cash.

Besides soccer, the new Cloudbet.com offers odds on a multitude of sports and esports markets, while the Cloudbet casino has hundreds of slots and a live-dealer experience with all classic table games.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Blockchain Offers Cloudbet Players the Fairest Odds in Soccer

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Allied Esports Partners with Esports Entertainment Group to Launch Inaugural VIE.gg CS:GO Legend Series Tournament

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12-2 Allied Esports Partners with Esports Entertainment Group to Launch Inaugural VIE.gg CS:GO Legend Series Tournament
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Tournament Will Be Offered to Sports Bettors on the VIE.gg Platform

Allied Esports, a global esports entertainment company and a subsidiary of Allied Esports Entertainment, Inc., has signed a licensing and sponsorship agreement with Esports Entertainment Group, Inc., a licensed online gambling company with a focus on esports wagering and 18+ gaming, for the inaugural VIE.gg Counter-Strike: Global Offensive (“CS:GO”) Legend Series tournament beginning Monday, August 31, 2020.

The VIE.gg CS:GO Legend Series will feature 12 teams from multiple European countries competing online for €50,000 in total prize money. The 5v5 tournament, which will be offered to customers on the VIE.gg platform, will be produced by Allied Esports from its HyperX Esports Studio in Hamburg, Germany and broadcast live on Twitch.tv/AlliedEsports with a lineup of professional casters and analysts. Teams at Tier 2 or below that are interested in playing can apply online at AlliedEsports.gg/LegendSeries starting Wednesday, July 15. Invitations will be sent out to participating teams on Friday, July 17.

“We’re excited to partner with an industry leader, Allied Esports, as the title sponsor of their newest esports tournament,” said Grant Johnson, CEO of Esports Entertainment Group. “Title sponsorship places the VIE.gg brand front and center for teams, fans and influencers alike, further accelerating user adoption of the VIE.gg platform.”

Esports Entertainment Group offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at VIE.gg. The VIE.gg platform provides customers the ability to match bets against one another with Esports Entertainment Group taking a small commission on the winnings.

“We believe that esports tournaments should not just be fun for participants, but also have the ability to help sponsors achieve their business goals, and our knowhow and portfolio of esports brands, arenas, mobile trucks and studios uniquely meet that need in today’s ecosystem,” said Frank Ng, CEO of Allied Esports Entertainment. “The Legend Series has been one of our most successful original tournament brands and we are thrilled to work with Esports Entertainment Group and the VIE.gg platform to add a wagering component that will introduce Allied Esports to new consumers and elevate the brand even further.”

Created in 2017, Allied Esports’ original Legend Series tournament brand was designed to expand the competitive ecosystem and total prize pool for second and third tier teams. The VIE.gg CS:GO Legend Series will be Allied Esports’ sixth edition of the CS:GO Legend Series and the first to feature a licensing partner and title sponsor. Additional versions of the series have previously included Overwatch, League of Legends, FIFA, COD Blackout and Valorant.

Allied Esports’ two-week, high-intensity CS:GO Legend Series format includes 11 consecutive days of single matches where teams will accumulate points and prize money for each win. The top eight teams from the first round will advance to a best-of-three bracket played over the last three days of the tournament.

“We’re excited to play a role in providing a platform for smaller teams to compete for prize money,’’ commented Magnus Leppaniemi, VP of Marketing and Head of Esports at Esports Entertainment Group. “While the largest esports teams earned tens of millions of dollars in prize money last year, there are hundreds of smaller teams that get excluded from the flagship competitions. The VIE.gg CS:GO Legend Series is our first effort at working to fill this void, and we look forward to getting involved in more events like this moving forward.”

 

About Allied Esports

Named one of the World’s Most Innovative Companies by Fast Company, Allied Esports International, Inc. is at the forefront of esports entertainment with a global network of properties designed to serve as competition battlegrounds, community experience hubs and content production centers.

Through direct operation or membership in the Allied Esports Property Network, the world’s first esports affiliate program, Allied Esports’ facilities span North America, Europe, China and Australia, and include the world-renowned HyperX Esports Arena Las Vegas, a fleet of mobile arenas, the HyperX Esports Trucks, and the HyperX Esports Studio in Hamburg, Germany.

Allied Esports’ properties serve as the home to a number of online and offline proprietary productions and events, including Friday Frags and Saturday Night Speedway, as well as original partner programs like the Simon Cup.

For more information about Allied Esports, visit AlliedEsports.gg and follow @AlliedEsports. Allied Esports International, Inc. is a subsidiary of Allied Esports Entertainment, Inc.

About Allied Esports Entertainment

Allied Esports Entertainment, Inc. (Nasdaq: AESE) is a global leader in esports entertainment, providing innovative infrastructure, transformative live experiences, multiplatform content and interactive services to audiences worldwide through its strategic fusion of two powerful brands: Allied Esports and the World Poker Tour (WPT). For more information, visit AlliedEsportsEnt.com.

About Esports Entertainment Group

Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. The Company holds a license to conduct online gambling and 18+ gaming on a global basis in Malta and Curacao, Kingdom of the Netherlands and is able to accept wagers from over 149 jurisdictions including Canada, Japan, Germany and South Africa. Esports Entertainment offers fantasy, pools, fixed odds and exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company maintains offices in Malta. For more information visit www.esportsentertainmentgroup.com

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Allied Esports Partners with Esports Entertainment Group to Launch Inaugural VIE.gg CS:GO Legend Series Tournament

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Week 28/2020 slot games releases

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weekly-slot-releases-1-3 Week 28/2020 slot games releasesReading Time: 5 minutes

 

Here are this weeks latest slots releases!

Nolimit City conjures up Golden Genie & The Walking Wilds. Fresh from a flurry of new exciting releases, the Malta based Software Provider keeps the pace at fifth gear with the announcement of yet another mega title that’s set take their audience to a new journey offer an exciting theme by the developer. Set in the beautiful landscape of the expansive Arabian Desert, adorned with Middle Eastern décor and a touch of romance, this fairy tale slot game delivers more than just a picturesque image. A video slot that offers multiple in-game features, keeping suspense a common trait with a flair of imagination that’s jumps at you from every angle.

golden-genie-2 Week 28/2020 slot games releases

 

Spearhead Studios is pleased to announce the first game launch during Super July. Dark Joker is a new medium volatility title designed using the well-known comic book style. This high-intensity slot aims to project the player into the world of heroes and villains. Dark Joker is the title which opens Spearhead Studios’ Super July month, with no less than 5 scheduled releases. Dark Joker is a 3×3 video slot with a dark, comic book style and high-octane gameplay. The game features ‘Dark Joker Re-spins’ and win multipliers of up to 10x, and generates wins of up to 1,000x the player’s bet.

dark-joker-1-2 Week 28/2020 slot games releases

 

High 5 Games takes players on a trip down the rabbit hole as they debut their Wonderland themed slot game Teatime Treasures, featuring the return of their Wild Train feature! The 5×5 25 payline slot game being launched by leading independent casino games provider, H5G, takes players on a curious adventure to the famous Mad Hatter tea party. The game’s Wild Train feature is activated when the caterpillar and the slice of cake symbol appear on the board at the same time. The caterpillar will munch his way through the reels, proceeding to eat the cake. Every slice of cake accumulated during the base game is added to the win meter that is displayed on the left-hand side of the screen, featuring the Cheshire Cat. If a player collects enough cake in consecutive spins to raise the meter, they will work their up to unlock the Free Games Bonus and the Jackpot bonus.

Teatime-Treasures-2 Week 28/2020 slot games releases

 

Genesis Games launches Radi8’s 14th game, Galaxy Stars, a brand-new online casino slot game that features Blazing Wilds, Wilds that sticks on the row and moves horizontally to the left after each spin during one of its three features. Galaxy Stars is a 3×5, 20 pay-line game that boasts a maximum win of 5,000x with an RTP of 96.23%. Galaxy Stars is responsive to most devices and bundled with Rad+, a unique loyalty program system, that allows players to earn loyalty coins and other gamification functions across the Radi8 series of games.

GALAXY-STARS Week 28/2020 slot games releases

 

AvatarUX, will be delivering WildPops2122-49 Week 28/2020 slot games releases to operators. After the success of PopRocks2122-50 Week 28/2020 slot games releases, WildPops2122-51 Week 28/2020 slot games releases is the second installment in the PopWins2122-52 Week 28/2020 slot games releases series and promises an improved gameplay experience with some nice big win potential. With a sharp focus on innovation combined with the vast experience of Managing Director, Marcus Honney, and his team, AvatarUX is garnering a reputation for delivering quality design with a fresh, bespoke experience to slot fans.

wildpops-2 Week 28/2020 slot games releases

 

Playson is taking players on a voyage to the Far East in search of huge prizes in its new title, Pearl Beauty: Hold and Win. This 243 ways to win slot transports players to a place of mysticism as they join two adventurous characters on a quest for big wins and bonus features. The game incorporates the popular Hold and Win mechanics which proved to be a big hit with players in the developer’s Sunny Fruits: Hold and Win. Pearl Beauty: Hold and Win features a Bonus Game which is triggered by six or more bonus pearl symbols. The special Golden Pearl symbol during the Bonus Game collects the values of the other pearls and immediately adds it to the total win.

Pearl-Beauty-Hold-and-Win-2 Week 28/2020 slot games releases

 

Lightning Box has prepared for battle with the launch of its latest title, Spartan Fire. The 4×5 reel slot features 40 paylines as players fight for big wins. With the Wild Eyes symbol acting as a wild, the Spartan Spin feature also turns the Man and Woman icons into wilds for even bigger wins. If three or more Spartan Shields land on the reels, the Spartan Fire Bonus is triggered, giving players a chance to choose their shields to lead them to glory.

 

SpartanFire_Screen_01-2 Week 28/2020 slot games releases

 

Pragmatic Play, a leading content provider to the gaming industry, travels to the dangerous lair of fearsome dragons in its latest title Drago – Jewels of Fortune. Featuring a huge 1,600 ways to win, the five-reel slot is a highly detailed one, with dragons guarding the riches on the reels. The Dragon Super Spin Bonus Feature is triggered should four matching Dragon symbols land on the same spin, where only Dragons, upgrade symbols and empty symbols will appear on the reels, with Dragons being sticky. With an increasing multiplier for every upgrade found, staggering wins await.

drago Week 28/2020 slot games releases

 

CT Gaming Interactive has released its latest online slot “Cherry Crown”. The game features a fruit theme with a bright design and good sound effects. The game has scatter – Star, that brings a win, regardless on the reels it appears. The Crown symbol allows increasing of wins significantly. When appearing on the reel, it will fill the reels nearby to make the most successful combination. The prizes and bonuses of the slot are available during the main game. The wins could be increased in card doubles with simple rules. All the correctly guessed values will double or even increase by four times the win received in the main game.

3-2-2 Week 28/2020 slot games releases

 

Microgaming has launched the debut online slot from Nevada-based games developer Gold Coin Studios, as part of a new content supply deal. The studio’s first title is Arthur’s Gold2122-53 Week 28/2020 slot games releases, a gleaming five-reel, high-volatility slot set in a medieval world of Double Symbols, 10-of-a-kind pays, and a free spins bonus with expanding wilds and respins, offering win potential of up to 4,000x.

Arthur’s-Gold Week 28/2020 slot games releases

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Week 28/2020 slot games releases

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Cambodian Cabinet Passes Casino Regulation

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9-4 Cambodian Cabinet Passes Casino Regulation
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Cambodia’s cabinet has approved the draft law on commercial gaming management, according to reports in the Phnom Penh Post.

The law “focuses on ensuring integrated commercial gambling that contributes to economic growth, tourism promotion, job creation, and revenue generation,” the report said, citing a press release from the Council of Ministers.

It calls for strict casino sector management and measures to protect against money laundering and terrorism financing.

The report gave little information on the details of the bill, except to confirm that locals will not be permitted to gamble and there will be no further licenses issued within 200km of the capital, where NagaCorp has a monopoly.

The report cited government spokesman Phay Siphan as saying that money laundering and terrorism financing concerns are addressed through cooperation with relevant casino partners.

The gambling law has been in the works for nine years.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Cambodian Cabinet Passes Casino Regulation

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