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Poker Star Mike McDonald Goes All in at Bybit-Powered WSOT

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Poker Star Mike McDonald Goes All in at Bybit-Powered WSOT
Poker Star Mike McDonald Goes All in at Bybit-Powered WSOTReading Time: 3 minutes

 

Poker players who cross over to cryptocurrency trading are seeing astounding success out of the gate — for example, a trading team comprised of poker players and captained by poker star Mike McDonald placed in the top three in the recently concluded World Series of Trading (WSOT). A total overlay prize pool of $1.27 million in cryptocurrency was paid out to the winners of the inaugural edition of the global crypto trading competition powered by Bybit, in which 135 teams and 12,368 participants joined from around the world.

Poker star McDonald  commented, “A lot of poker players are good at making financial decisions while limiting the role that emotion plays — that would be one of the skills that transfers particularly well to trading. There will be times when crypto prices will hit the roof or post massive dips. Do you follow the herd or stick to your own strategy? Just like in poker, the choice is yours. Jump tables or stick to yours and play the game skillfully.”

Poker is a game that tends to reward strategic thinking, mental endurance and emotional resilience — traits that happen to work equally well for crypto trading. Practiced with discipline, these traits can very well generate desirable results in both fields. Here are some of the common traits of winning poker players and profitable crypto traders:

  • Make +EV Decisions: Trading strategy deals with risk/reward ratio, similar to how poker players make expected value calculations for each hand when they consider whether to bet, check, call, raise or fold.
  • Don’t Go on Tilt: The calm and imperturbable demeanor synonymous with poker players tends to help them during volatility, when they are able to think and trade without giving in to impulses.
  • Hand Selection: In poker, just like in crypto trading, you can’t play your cards randomly. You have to understand the situation, process the chances of winning, and decide whether you want to fold or play further. Read the charts like you would interpret the body language of your opponent, and plan your next steps based on what is favorable to you.
  • Bankroll Management: Even the best poker player or crypto trader can go through a lean spell. Knowing how to manage the money in your account is essential, to ensure that you always have funds available to trade effectively.

Bybit CEO Ben Zhou noted, “If you’re a beginner in crypto trading, the gurus will advise you to research thoroughly about the types of crypto assets, not putting all your eggs in one basket, and trading per your risk appetite and bankroll management needs. It’s similar to how a beginner in poker would typically study the game: up skill, start with low-level stakes and take calculated risks while devising strategies that suit them best. Similarly, we have been putting a lot of our energy into educational content where we show our clients how to properly manage risks and perform technical analysis.”

The WSOT is a major global trading competition powered by Bybit, one of the fastest growing cryptocurrency derivatives exchanges, with more than a million registered users. The global event is open to traders worldwide where Bybit’s platform is available. The ranking system of WSOT is based on the profit/loss ratio, regardless of trading volume, thus paving a level playing field for all participants. The next edition of WSOT is expected in 2021.

About Mike McDonald:

Mike McDonald (born Sep 11, 1989) is a star poker player. McDonald is the youngest person to win an event on the European Poker Tour (EPT) and the youngest person to win an event on the Epic Poker League (EPL).

Mike is now involved with Betshares/PokerShares, facilitating novelty bets on many niche products including WSOT. He has been involved in Bitcoin since 2014.


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: Poker Star Mike McDonald Goes All in at Bybit-Powered WSOT

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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The Big Win Cat returns with larger-than-life fortune

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Play’n GO invites players to return to the charming world of Big Win Cat Pawsperity, where tradition meets treasure in this whimsically opulent 3×3 slot.

The beloved Big Win Cat is back – but don’t expect the same familiar feline. Set within a lavish shop filled with talismans and charm-drenched décor, Big Win Cat Pawsperity brings a heightened layer of visual storytelling and layered rewards. Players of the original Big Win Cat, fans of classic 3×3 slot structures, and enthusiasts of East Asian themes will find a playful yet potent take on the idea of luck.

Whether it’s the collectible Coins that feed into the Cat’s growing grandeur, the mystery of the Instant Bonus, or the elusive Wheel of Pawsperity, there’s always something to keep a keen eye on. With every detail designed to engage and reward, this is no ordinary feline feature.

Each Coin collected doesn’t just build anticipation – it builds the Cat, both literally and visually. As the pile of fortune grows above the reels, so too does the sense of potential. The Instant Bonus might strike with a single Coin, offering up to 5000x your bet. The Re-spin of Luck adds another strategic layer, nudging stacked symbols into powerful alignments. And the ultimate prize? A spin on the Wheel of Pawsperity – where multipliers and the majestic Grand Bonus await.

It’s a clever blend of playful anticipation and tangible payout opportunities that make every feature part of the narrative of growing wealth and watchful luck.

Building on the popularity of Big Win Cat, this sequel retains its familiar 3×3 charm while enriching the player experience with feature depth. Fans of Fortune Rewind or Cat Wilde titles will appreciate the elegant nod to previous themes – especially the character-driven charm that defines Play’n GO’s strongest slots. The growing Wild Cat acts both as a guide and guardian to prosperity, a mascot many will delight in rediscovering.

Magnus Wallentin, Games Ambassador at Play’n GO said: “The return of Big Win Cat brings more than nostalgia – it introduces visual buildup mechanics and layered features that keep players engaged. It’s classic Play’n GO innovation wrapped in red silk and gold.”

With its striking visuals, layered gameplay, and engaging mascot, Big Win Cat Pawsperity pounces confidently into our premium 3×3 portfolio.

The post The Big Win Cat returns with larger-than-life fortune appeared first on European Gaming Industry News.

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iGB L!VE to champion player protection

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The Sustainable Gambling Zone (SGZ) located on stand Q30 at iGB L!VE will reflect the very latest thinking on player protection delivered by a mix of not for profit and private sector companies including Yaspa, Experian, Department of Trust, Gordon Moody and BetBlocker  – the 2025 Clarion Gaming charity partner.

Visitors to the Zone will have the opportunity to connect directly with specialists in responsible gambling, mental health, and consumer protection, learn about the latest technological advances and initiatives designed to enhance player safety and well-being, attend thought-provoking sessions and workshops focused on best practice and foster collaborations aimed at driving positive change across the industry.

Explaining the evolution of Clarion Gaming’s commitment to player protection Managing Director Stuart Hunter said: “I’m extremely proud that we became the first b2b gambling event to champion player protection when we launched the Consumer Protection Zone at ICE 2018.

“The journey of the Sustainable Gambling Zone has been nothing short of remarkable. What began as a ground-breaking initiative has evolved into a powerful symbol of the industry’s collective commitment to sustainability. As the home of the iGaming community moves to London, the heart of the iGaming industry, the SGZ will once again underscore our belief that player experience and responsible practices are fundamental to long-term success.”

Naomi Barton Portfolio Director iGB events added: “World class exhibitions provide a powerful platform for engagement. The opportunity to bring together the international industry with its regulators in a professional environment is a key opportunity to ensure that gaming regulation delivers robust player protection undertakings within a framework which allows the industry to grow.

“We remain utterly committed to supporting safer gambling and the promotion of regulated markets. The SGZ provides a focus for our attendees to understand, implement, and champion the responsible principles that underpin a healthy and thriving iGaming sector. We invite all 15,000+ iGaming professionals attending iGBLive 2025 to visit the SGZ and be part of what promise to be vital conversations.”

iGB L!VE: 2 – 3 JULY, 2025 | ExCel London

The post iGB L!VE to champion player protection appeared first on European Gaming Industry News.

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Arizona Department of Gaming Releases March Sports Betting Figures

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Bettors in Arizona wagered approximately $887 million on sports in March of 2025, according to a new report by the Arizona Department of Gaming. This represents an approximate 16.8% increase when compared to March of 2024.

The state collected approximately $2.5 million in privilege fees in the month. You can view the full March report on the ADG website.

See reports below.

The post Arizona Department of Gaming Releases March Sports Betting Figures appeared first on European Gaming Industry News.

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