When the US state of Ohio announced in late 2018, that it is going to be the first state to accept taxes in Bitcoins, it sent a strong signal worldwide. The Governor of Ohio stated that the state will not start accepting 23 different kinds of taxes in Bitcoins.
The intention was to allow more people to pay taxes in ways, which were convenient for them. This was also done as a means to attract investors and businesses operating in the cryptocurrency ecosystem. The State Treasury Head, Mr. Josh Mandel was proud in proclaiming Ohio to be a state, which is pioneering Blockchain technology. Bitcoin has been very favourable in various countries in recent days.
Ohio is not the only state that has adopted a favourable response to Bitcoin and other cryptocurrencies. In this article, we will look at how states and cities are using Bitcoin to power growth stories for their population.
Why Small States and Cities are taking the lead in Cryptocurrency adoption?
Most of the old states in the American Union have been severely affected because of outsourcing. There are towns, cities and states, which have lost factories, mining, heavy manufacturing because they have been outsourced to third world countries.
The government in these regions are betting big on investors coming to these regions to innovate on Bitcoin and Blockchain technology. States are wooing investors in many ways. Some of them are-
Easy access to land at a convenient spot in the city.
Cheap electricity for Mining activities and maintaining Data Records of Blockchain
Exempting cryptocurrencies for paying transaction fees.
Easy business licenses to speed up setups and start innovations.
Tax exemptions on operating cryptocurrency businesses for the first few years.
Some of the states, which have already removed transaction fees on cryptocurrencies are- Wyoming, Tennessee, Kansas, Texas, New Hampshire, and Illinois. Without a doubt, this number will definitely go up in the future.
Can these Small States hope to the center for the Next Silicon Valley Revolution?
Most of the states, which have been mentioned above are expecting Bitcoin and cryptocurrencies to be the next Silicon Valley wave. However, its needs to be investigated whether their expectations are correct or not?
Many experts and tech moguls have proclaimed Bitcoin to be the greatest tech invention in the world after the internet. The philosophical and theoretical underpinnings of Bitcoin are strong. It aims to create a world of financial inclusion. The success of the same for over a decade demonstrates that it is not a trend, which is going away anytime soon.
By being one of the front-runners in the entire Bitcoin ecosystem, states are expecting businesses borne out of Bitcoin to favour them. Yes, Bitcoin or mining itself is not going to generate too many employment opportunities.
It is only associated businesses, that are using Bitcoin or Blockchain technology, which are going to the real drivers of local economies.
Is Bitcoin a Reliable and Safe Bet for local populations and authorities?
If the recent Coronavirus pandemic and market crashes are any indication, most governments should start exploring an emergency proof currency system. There are many advantages of using cryptocurrencies. It is inflation proof, is not subject to the highs, lows of market crashes, and aims to help the lowest rungs on the financial ladder.
Financial inclusion can be a reality for almost 2 billion of the world's unbanked population. It is no wonder then that Mark Zuckerberg, the Founder and CEO of Facebook, has jumped on the cryptocurrency bandwagon, with his own ‘Libra'.
Do you think Bitcoin and Blockchain can guarantee employment opportunities? Let us know in the comments section below.
Smartphones and tablets are now the most popular media for not just online gambling, but gambling in general. And it's not hard to see why; with a host of apps available, punters now have more ways to play than ever before. Here are just some of the many reasons why mobile gaming is so popular...
Play on the move
Almost certainly the biggest advantage that mobile devices offer gamblers is the ability to play on the move. While laptops are essentially mobile, they are also heavier and slower to turn on than your smartphone or tablet.
Whether you're standing up in a crowded train carriage, in the dentist's waiting room, or even in bed, mobile betting gives you a world of ways to win at your fingertips. Just pick up the device, tap the app icon and get started - it's that easy!
The internet gaming industry as a whole used to be considered the poorer cousin of traditional brick-and-mortar casinos.
And while mobile devices don't yet rival the likes of Las Vegas for sheer immersive thrills, the technology is improving all the time. 3D games with real dealers are already popular on mobile because they provide much of the excitement of real-world casinos. This all comes without the need to tip your host, or get past a grumpy doorman who doesn't like the look of you.
Smartphones and tablets are generally cheaper to buy than laptops or desktop computers. Whereas most desktops cost £300-£2000, smartphones range in price from £100 to £500 and tablets are available to buy for as little as £49!
Fast and powerful
Experts have been predicting for a while mobile graphic and processing capabilities would soon surpass those of consoles. While this remains to be seen in 2018, the 2017 release of the Qualcomm 835 processor represents a step change in processing speed for mobile devices. Now smartphones like the Samsung Galaxy S8 boast processing speeds of 2.45GHz, which puts it among the fastest mobile devices in the world.
The latest mobile devices allow punters to enjoy live dealer casinos and talk with other players with pristine graphics and no noticeable latency. With each passing year, there are fewer and fewer reasons to choose either traditional casinos or desktop gaming over their mobile equivalents.
Due to the low costs involved, many operators make casino games especially for mobile devices. Whereas some developers try to emulate the traditional casino experience, others use cute animations and stories that can only exist in the digital realm. The low cost of mobile app development has resulted in a deeper level of creativity that just didn't exist prior to the release of the Apple iPhone (the world's first smartphone).
Bonuses and other rewards
There are hundreds of mobile betting operators. As a result, operators try to outdo the competition by offering an array of attractive sign-up bonuses and in-game rewards. While this is somewhat true of online gaming in general, merchants also offer rewards for downloading their apps, which of course you can only take advantage of using a mobile device.
The smooth transition from offline betting to its online alternative has accelerated in recent years. No surprise that online betting today boasts greater popularity compared with land-based bookmakers. What is special about igaming business? Why is it so popular today? Let's take a closer look at the question.
Pros of Online Betting
We can talk a lot about the main features of betting companies that provide bookmakers with software such as https://www.betinvest.com. To put it short, here are some of the greatest things about a modern betting online platform:
- Availability - Clients have the opportunity to quickly deposit money into an account and bet with almost any amount (from several to thousands of bucks) on the most diverse events from the world of sports;
- Mobility - Online bets can be made via a mobile phone, tablet, personal computer, laptop, communicator or any other device connected to the Global Network;
- High odds - The choice of bookmakers is just great, and each of them is trying to attract an audience in different ways. One of them is the best deals on the market. Before registering an account on a platform, determine which bookmaker has the best rates;
- All statistics are at hand -You can find any information online. And you do not have to invest a lot of time and resources in your searches. Any piece of data is available in a few clicks;
- Large selection of bets - The undoubted advantage of online betting is a wide choice of coefficients not only for the varied events but also for individual outcomes;
- Security - Maximum transaction security is ensured if you play on the site of a professional betting sports operator, any platform that is well-known around the globe;
- Large selection of deposit methods - You can today use several dozens of ways to transfer money into your account and withdraw funds in case of a successful game. The only thing you need to pay attention to is that bookmakers take a commission for the transaction. So check terms and conditions;
- 24/7 availability - Internet betting is available around the clock. Online bookmakers work on any day of the week and at any hour;
- Zero geographical restrictions - You can bet on any platform - there are no geographical restrictions at all. So you can place a bet at a turnkey igaming platform while being on the territory of the United States of America. This will never prevent you from taking a real-money win if you win the bet.
Betting is an opportunity to make good money and multiply your bank (if you approach it really smartly and connect analytics). There are often some obvious sports matches, where you can receive your 50-80% of benefit or even more with a 99% chance of success. The outcome of certain events is obvious for those who constantly monitor sport, respectively, which is in a sense a sign that you can really earn money in a niche, not "win". The main thing to come up with his head.
But as you already understood, everything is not always so simple. After all, there is also some struggle between the bookmaker and the person who plays. The purpose of the bookmaker is obvious - to have your money. Your goal is the same. Roughly speaking, you have to beat each other. Many who try to get into it, make a bunch of mistakes and quickly bounce off, having gone into a minus.
In case you are interested in online sports betting business, it's better to address a reliable and respective software provider such as Betinvest. In this game, it is important to know when to stop and make all the bets carefully. If you follow this simple rule, then you will definitely become a winner. Want to see how it works? Google for the leading bookmakers and make a free bet.
Gone are the days where to place a bet you had to visit your local bookmaker. While many still utilise in-shop betting to gamble and access slot machines, the ability to gamble can also now be made at the comfort of your own home online and, now, even on your phone making it even more accessible to gamble your money. In 2017, the UK gambling industry reportedly took £14bn showing the gambling business is still a big business. According to the UK Gambling Commission, 49% of individuals asked had gambled at least once in the four weeks prior to the survey. However now, more people are using mobile apps to take advantage of these apps added advantages to betting in a simple and easy way.
A generational change
Of those surveyed for the UK Gambling Commission report 2018, of the 49% reported to gamble, 55% were 55-56 years old. However, this included the national lottery as a method of betting. Excluding the national lottery, 45% of 25-34-year olds reported gambling within the four weeks prior showing that the younger generation are using betting services but the way they use this compared to older generations may differ.
With the younger generation wanting to access everything with ease from their mobile phones, it makes sense that these individuals are utilising mobile apps for betting. As a generation, they are seeing the benefits of mobile apps that are making betting more accessible.
The use of mobile phones or tablets to gamble, whether betting or through casino game apps, is on the rise. This may be due to the easy accessibility of gambling remotely.
It requires little effort to get out your phone, open the mobile app and gamble. This takes less effort compared to walking to your local bookmaker to place a bet or use the machines. With mobile apps for both betting and casino games designed to emulate the slot machines and bookmakers it leaves less need to visit these betting shops in order to gamble.
Bet in-play are bets placed while the event is currently taking place. This is usually a split decision for an individual to place a bet on a horse that is already racing or a football match that has already kicked off.
While during these sporting events, you won't want to miss anything to nip off and place a bet, having a mobile app allows you to make the bet you want without interrupting the viewing of the event.
Mobiles apps make it even simpler for users to exploit in-play betting. With football and horse racing being the main sports that encourage bets in-play, it makes sense to have mobile apps that utilise this behaviour and making it easier for you to place the bets you want.
With the rise in online gambling mobile apps offering users the benefits of casinos and bookmakers from your phone, it allows you to accessibly bet, play casino games and bet in-play. For companies to have a mobile app designed to do such things, it is likely to drive more business to these betting companies where turnout to bookmakers is decreasing.
As the technology evolves, sports betting is also getting affected by it and feature that has probably the biggest impact is mobile betting. There are numerous reasons why bettors are in love with this feature and in this article, we are going to bring them closer to you, especially if you are new in sports betting.
First of all, convenience is what makes this feature so popular since you can literally place your bets anytime and anywhere. So, forget about having to visit your local brick-and-mortar or spending hours in front of your computer. Thanks to mobile betting, punters can take full control of their accounts, make transactions when necessary and enjoy betting on the go. Whether you are travelling to work, having a coffee or taking a walk, you can place wagers from your mobile device and everything you need is internet connection. This feature will save you a lot of time and you won't miss any betting action, especially if you are a fan of in-play betting. As long as you have your mobile device connected to internet, you will be able to enjoy mobile betting.
You may be worried about the selection of sports by using this feature, but you need to know that the offer is equal of even bigger than in brick-and-mortar casino's sportsbook. The odds are getting updated regularly and you will find the latest prices on the mobile app or site as well. Besides having the opportunity to place bets on the most popular sports and events, you are just a few taps away of some hard-to-find sports like darts or cycling. Most of the sportsbooks offer live betting as well and you can always be up to date with the latest action and place bets on your favourite live events. Live streaming is also available at some sportsbooks, which gives extra incentive to mobile betting as the most popular events are being broadcasted live.
Mobile betting customers are considered as a very important audience for bookmakers and they are being targeted with special promotions. So, if you are placing bets via your mobile device, you may expect to get different offers, such as free bets, odds boosts or even extra money on top of your deposits. These offers are available exclusively for mobile users and this is another good reason why you should use this feature more frequently.
Most famous bookies have their own mobile betting apps available on app stores and you can easily download them to your device. However, from the diversity of apps available, there are some criteria that should be considered when deciding to create an account and deposit some money at certain bookmaker. To help you with the decision, we are going to highlight some of the most important criteria you should take into account.
If you still don't have any account created, it is always recommended to check welcome offers at different sportsbooks. Some of them may be purely mobile related and you may get extra money just because you are placing bets via your mobile device. Besides welcome bonuses, you should also check for existing customer promotions which might give you an insight of what to expect in the future.
‘Variety of sports on offer is another important criterion when opening an account at certain sportsbook' said John Pentin, editor in chief of Best Betting Tips leading UK site. Usually, all major sports and events are covered by default, but if you are looking for a specific one that is not so popular, you need to check if it is offered by a bookmaker you want to register with in order not to get disappointed if it is not included.
User experience of a mobile app itself is another very important point as not all mobile apps are user friendly. You certainly don't want to waste time on complicated navigation, messy interface and options that can only bring a confusion. Mobile app needs to be well-structured, intuitive, easy to use and fast enough, so you don't miss the action, especially with in-play betting.
Mobile betting is definitely improving wagering experience and it can be considered as a breakthrough in this industry. Many punters are using mobile apps and it is just a matter of time when a turnover is going to exceed other ways of betting.
The mobile phone technology has come a long way over the past two decades, and in the process has also had a great impact on the online gambling industry. Today, online gambling and sports betting, which once used to be accessible only through desktops/laptops, can be indulged in on the move, at any time you wish.
There are all kinds of mobile gaming apps you can download today. For instance, some of the best American betting portals including the likes of BetOnline, Bovada, BetNow, MyBookie etc. allow you easily place punts through mobile phones. Here in this short article, we will acquaint you with some of the biggest benefits of betting through mobile phones today.
Mobile betting apps have completely changed how people place bets on their favourite sports events. The user experience delivered by such apps is both sophisticated and user-friendly. Furthermore, more and more new technologies are being launched through these apps, leading to a constantly expanding user base, and hence consistent growth of the online sports betting industry. The US Supreme Court having paved the way for legal sports betting throughout the United States, the popularity of mobile betting apps has reached a new high today.
Such mobile betting apps have played a significant role in altering people's attitude towards sports betting too. Nowadays, you can easily place wagers on your favourite sports while taking care of some other task. As a result, more and more individuals are showing interest in sports betting today. However, this also poses a huge challenge for service providers. They have no option but to keep their apps loaded with latest tech in order to stay relevant in the game.
Betting from any place at any time
Mobile betting apps offered by reputed online bookies enable punters to easily place wagers at any time of the day or night. Not just that, some of them even keep you updated about the latest odds, scores, account balances and more. What works really in favour of these apps is that you are not required to give any input to them. Resultantly, they can even be used by people new to sports betting.
Swift and smooth payments
Whenever you bet through mobile apps, you are not required to visit a brick and mortar bank, or switch on your computer, to cash out your wins. You can simply send a withdrawal request to the bookie through the app, and your money will be made available to you in a matter of minutes.
Rewards and bonuses
Another huge benefit of using mobile sports betting apps is that they offer you various kinds of bonuses, rewards and promotions, from time to time. The bookmakers behind these apps introduce such offers to both new signups as well as regular customers, to keep themselves ahead of the competition. Even though the actual value of such rewards and bonuses is dependent upon the extent of your betting activity on the platform, they are still freebies which can be of great help.
Once the domain of a shady underworld and knowing the "right people," sports betting has evolved with the times. Today you can bet on your favorite teams without leaving your home or even firing up your PC.
These days, sports betting companies like Sbobet offer their clients the convenience of mobile betting. As you'll see in the image below, mobile betters have full access to all the same features as they do on a computer, but in a simplified format.
Considering that sports betting started in back alleys, it's come a long way in a short time. This progress was, however, out of necessity. With online gambling providing punters a quick and easy way to get their kicks, sports betting companies had to adapt or become obsolete.
Mobile Is the Ideal Medium
With mobile technology improving consistently, being out of contact is somewhat tricky. Combine that with the power of the web, and it's easy for punters to bet on matches globally. Punters took to the convenience of mobile betting quickly.
After all, if they're up at three in the morning desperate for some action, they've got the perfect outlet. They might bet on basketball in the United States or on an ostrich race halfway around the world.
Mobile Is Convenient for the Sports Betting Companies Too
Manually keeping track of all the action in one city is difficult. You'd have to find the matches, physically work out the odds, keep track of bets, and calculate payouts at the end.
With the introduction of computers, these tasks become a lot simpler. Sports betting companies could now also track games in several locations and assign odds using specialized algorithms. Mobile was a natural extension of this functionality when smartphones came onto the scene.
Mobile adds an extra element of excitement for the punter. For example, they can make bets from the stadium while watching the game.
Why Aren't There Many Sports Betting Apps?
You'd think that sports betting companies like Sbobet would develop an app for their clients to use. Most have, however, opted to go a different way. They've decided instead to create mobile sites designed to work across a range of devices.
This broader approach makes sense in that it allows them to reach the widest audience. The broad reach does, however, come at the expense of user experience. Users operating off smaller screens find the process somewhat frustrating.
The upshot is that while all the basic features are present across a range of devices, accessing all of them on a smaller screen requires some practice. Still, as punters, we're happy to swap some functionality for the ability to place our bets on the go.
The Future of Sports Betting
Sports betting companies are highly responsive to their clients' needs. With the increasing popularity of mobile betting, we can expect companies to streamline their operations in this area even more in the future.
More technologically advanced smartphones will further assist in improving the overall user experience for mobile betting. Who knows - maybe ten years from now, smartwatches will become the next evolution in mobile betting.
In today's day and age betting apps are essential for those who like a punt on the go. Whether it be a morning game of poker on the commute to work or some in-play betting at the match on a Saturday afternoon, the mobile betting app has changed the way we play.
Like most technology, it's enhanced the industry and changed it into a totally different beast. Just as smartphones have with Apple Pay and electronic kiosks have with supermarket payments.
Downloading betting apps have become easen easier of late, with Google Play now allowing users to download them from the store. It's the first time in seven years this has been allowed, meaning it's now incredibly simple to start betting on sports with your mobile.
Using The App Store
Using the App Store or Google Play is far and away the most simple way to download a betting app and win on the go. You'll find all the usual suspects on there such as William Hill, Ladbrokes and bet365, and they even have plenty of features you might not get with desktop.
All you have to do is search for your favoured bookmaker in your app store and download. In some cases, there may be more than one app for a bookmaker. This is usually to break their offerings down, so there may be an app for sports, one for bingo, and one for casino. Simply download the one you'd prefer and get ready to play. Naturally, if you don't have an account for the bookmaker, you will have to set up an account, but that will be relatively easy to do and most of the time when you open the app it will encourage registering. Don't forget though, there will be welcome bonus offers and free bets to take advantage of as a new user, so don't miss out.
Download From Your Mobile Browser
Alternatively, you can head to the bookmakers website on your browser to either play or download the app. Usually the app will be made available to download in a banner at the top, which will redirect you to the app store. Here you can read up all about the app, preview some of its pages and, of course, make the download.
It'll open up a whole new world to your betting experiences, offering you all the features of popping into your local bookmakers or making your usual bets in a browser.
It's a growing industry and it's why so many people are winning more by betting while taking in sport on another screen. Mobile betting apps are continuing to make having a punt quicker and easier, as well as becoming more and more secure, giving customers a safer and more entertaining environment to play in.