It will be fun if it is really free and getting rewards will be a big perk for those who would want to join. In a tournament let's say, one gambler will predict the winners of the day and those who get the most points will be rewarded with cryptocurrency. I think many gamblers will probably intrigued with this idea and will do their best analysis to get enough points to be rewarded.
It's too good to be true though but who knows, maybe it will happen someday and whoever leads it will get enough exposure for advertising where they will get the money to put in prizes for the winners.
Topic: CRYPTO & SPORTS SYNERGY. YOUR OPINION?. (Read 339 times)
Crypto is becoming more inclusive and is integrating into various sectors, from entertainment to sports and beyond. We've seen teams like Manchester City, Napoli, Lazio, and Chelsea get sponsors from OKX, Binance, and BingX, while La Liga has partnered with Bitget. These partnerships have given sports fans a good opportunity to engage with the crypto space and have also increased exposure for the ecosystem.
Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
If you predict match - you is betting. And i don`t think that you can get some rewards without some deposit. It looks like a dream of free money. Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
About sponsors - i know about these exchanges and cryptocurrencies (like Tezos and Manchester United) it is the only reason why i pay attention to these sponsors. And the other sponsors i don`t no - i don`t care about it.
I don`t think that it helps crypto to integrate in our common life, it just a way for the team to get money from the sponsor.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
Cryptocurrency has been able to blend with many sectors and give rise to new opportunities within simply because it is a new technology that, when accepted, has the ability to create windows of opportunity for people who take advantage of it. Sports is not left out. There is a market for crypto in sports and there are opportunities for people in sport in crypto, so it is a good relationship to the better.Yeah that's true. But I was actually referring to the partnerships that has to do with tokenization and the benefits or maybe exposure. This kinda predict and win type opportunities Predict and win USDT is as a result of the partnership. I would really want to see Real Madrid being involved in something similar if they're not already.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
Cryptocurrency has been able to blend with many sectors and give rise to new opportunities within simply because it is a new technology that, when accepted, has the ability to create windows of opportunity for people who take advantage of it. Sports is not left out. There is a market for crypto in sports and there are opportunities for people in sport in crypto, so it is a good relationship to the better.
The sponsorship of sports by cryptocurrency exchanges does not mean the birth of some kind of synergy between them. Exchanges constantly need to attract as many new users as possible, so they are trying to be present in various communities, including among sports fans. To make it clearer, here is an example. Tobacco corporations have long "occupied" Formula 1 for their advertising. But did this create a synergy between smoking and sports? Of course not.
It’s like a win-win situation for both sides, allowing them to introduce easier ways to gamble. Gamblers use the exchange to buy crypto for gambling at specific casinos, benefiting both the exchange and the casino. Since most gambling sites offer similar features across the industry, having multiple partnerships gives a site an edge. A strong network of partnerships can easily grab gamblers’ attention, helping them stand out in a competitive market.
Synergy involves mutual enhancement of the effectiveness of each component. In this case, one component is the crypto exchange, and the other component is sports (in a broad sense). This sponsorship is primarily necessary for the crypto exchange, as it is an advertisement for a huge audience of sports fans. Sports in such cooperation receives only the money that sports have always received from various sponsors. It is the crypto exchange that needs such cooperation.
Sports have been and will continue to exist even if there are no crypto exchanges. That's the point. Will a football club suddenly become better at playing if it is sponsored by a crypto exchange? I doubt. There is no synergy here.
The sponsorship of sports by cryptocurrency exchanges does not mean the birth of some kind of synergy between them. Exchanges constantly need to attract as many new users as possible, so they are trying to be present in various communities, including among sports fans. To make it clearer, here is an example. Tobacco corporations have long "occupied" Formula 1 for their advertising. But did this create a synergy between smoking and sports? Of course not.
It’s like a win-win situation for both sides, allowing them to introduce easier ways to gamble. Gamblers use the exchange to buy crypto for gambling at specific casinos, benefiting both the exchange and the casino. Since most gambling sites offer similar features across the industry, having multiple partnerships gives a site an edge. A strong network of partnerships can easily grab gamblers’ attention, helping them stand out in a competitive market.
I agree with sunsilk as long as is free and doing it for fun but in reality like the sunslik said of course there will be money involved in this kind of scenario hahaha 
I mean some people want to get rewarded when their guess is right. 
and yes I saw a lot of sports nowadays accept crypto for their sponsor even the biggest like Bybit on F1 Team is just freaking cool. It not only do people get attracted to crypto but also I just feel proud that crypto company started sponsoring those cool sports teams.
We'd see more of these often and exchanges that become casinos and sponsor any team or athlete for them to have exposure. We've seen this already and buying the name rights of known stadiums. I mean some people want to get rewarded when their guess is right. and yes I saw a lot of sports nowadays accept crypto for their sponsor even the biggest like Bybit on F1 Team is just freaking cool. It not only do people get attracted to crypto but also I just feel proud that crypto company started sponsoring those cool sports teams.
Huge money is getting in but I don't think such free things in this world will be enjoyed by most of its users.
This is cool if it is free and real. But speaking of reality, there is no way to gain and win right predictions without having to bet with real money.
So, it isn't cool at all unless there is some conditions from the exchange that you are advertising and that is an incentive for specific accounts and users that has spent certain threshold.
Besides, I've never seen an exchange that sponsors a football club doing a prediction contest, it doesn't exist I guess, exchanges are more focused on other things not guessing match scores.So, it isn't cool at all unless there is some conditions from the exchange that you are advertising and that is an incentive for specific accounts and users that has spent certain threshold.
Except for casinos sponsored by new clubs, there are many prediction contests, and this is not easy, it is not completely free, there must be a wagering requirement to get a withdrawal from this contest.
The sponsorship of sports by cryptocurrency exchanges does not mean the birth of some kind of synergy between them. Exchanges constantly need to attract as many new users as possible, so they are trying to be present in various communities, including among sports fans. To make it clearer, here is an example. Tobacco corporations have long "occupied" Formula 1 for their advertising. But did this create a synergy between smoking and sports? Of course not.
I agree with sunsilk as long as is free and doing it for fun but in reality like the sunslik said of course there will be money involved in this kind of scenario hahaha I mean some people want to get rewarded when their guess is right.
and yes I saw a lot of sports nowadays accept crypto for their sponsor even the biggest like Bybit on F1 Team is just freaking cool. It not only do people get attracted to crypto but also I just feel proud that crypto company started sponsoring those cool sports teams.
I mean some people want to get rewarded when their guess is right. and yes I saw a lot of sports nowadays accept crypto for their sponsor even the biggest like Bybit on F1 Team is just freaking cool. It not only do people get attracted to crypto but also I just feel proud that crypto company started sponsoring those cool sports teams.
That's true. I believe that's what's. It's free and it's actually fun if you look at it. Just some few steps to participate. Yeah it's actually nice seeing crypto exchanges partnering with sports team..
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Not really a synergy between crypto and sports imo. More of how companies could leverage this exposure of sports into crypto and create bonuses and promotions with it. And if you meant just getting some small bonuses, highly doubt it's worth the effort and time for both businesses and users to actually use such a thing. Such bonuses would probably apply a LOT more with casinos than exchanges. Heck writing this I realized this is the gambling discussion section, why are you discussing about exchanges and sponsorships? If we were talking about the real synergy between crypto and sports, I'd more liken it to how some sports teams have made their very own crypto tokens. Idrk what happened with it afterwards, but hey, it's something.
Tbh, exposure creates opportunities which could bring in more money yeah? So that's part of it. I'm not particularly interested in club tokens. Cos I feel the utilities are limited rn, except they could integrate more on it that could cause a consistent liquidity flow .but like you said. It's something yeaaa.
Crypto is becoming more inclusive and is integrating into various sectors, from entertainment to sports and beyond. We've seen teams like Manchester City, Napoli, Lazio, and Chelsea get sponsors from OKX, Binance, and BingX, while La Liga has partnered with Bitget. These partnerships have given sports fans a good opportunity to engage with the crypto space and have also increased exposure for the ecosystem.
Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
It shows the line between crypto and real life use is becoming thinner with time and this means that you will begin to see the application of blockchain in other places like hospital records and even bio data for record keeping and supports for science. This example of partnership with Bitget is not a new thing and I don't know why OP has not seen it all along. What I think is newer now is SciFi, which scientists can use in funding their research work. So from the financial side of things to sport, health and research work, expect crypto to infiltrate every aspect of our lives.
The synergy in all this is the business, the money that is there and that will multiply, the more vision that is given through a famous team that is in Europe, the people will be interested in its participants, it is known that they are sponsors with a lot of money, but seeing this in famous teams will make them want to be part of them and more so those who are fans, I have seen many casino sponsors in some sports and I would like to see Wolfbet in some famous team in Europe and from how I see that they are doing things they have the conditions to do so.
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Not really a synergy between crypto and sports imo. More of how companies could leverage this exposure of sports into crypto and create bonuses and promotions with it. And if you meant just getting some small bonuses, highly doubt it's worth the effort and time for both businesses and users to actually use such a thing. Such bonuses would probably apply a LOT more with casinos than exchanges. Heck writing this I realized this is the gambling discussion section, why are you discussing about exchanges and sponsorships? If we were talking about the real synergy between crypto and sports, I'd more liken it to how some sports teams have made their very own crypto tokens. Idrk what happened with it afterwards, but hey, it's something.
I see this as a natural progression. I think sponsored partnerships help bring visibility to the crypto ecosystem while providing fans with unique opportunities to engage even more with their favorite teams. Who wouldn't want non-betting rewards? It's a feature that can transform fan engagement and onboard new users into the crypto space in a fun and gamified way.
And that is the best marketing for us, as crypto is now gaining mainstream and thanks to sports as well because some major games have been bringing crypto to the masses. So whatever fans you are, like UFC, we've seen,
https://x.com/SatoshiLite/status/1077973730511314944
This is way back 2018 and so a lot of things have chance for the better with regards to crypto an sports partnership.
So it's obviously, a good and welcoming news to us to see the synergy.
I see this as a natural progression. I think sponsored partnerships help bring visibility to the crypto ecosystem while providing fans with unique opportunities to engage even more with their favorite teams. Who wouldn't want non-betting rewards? It's a feature that can transform fan engagement and onboard new users into the crypto space in a fun and gamified way.
Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
I don't know where you might have read this from but sincerely speaking, it would be very difficult for such thing to happened within the casino or betting site, as I know they benefits more and before a gambling site allows you have this benefits then you should look out carefully, there is another way or place they are gaining it back from you as they can never perform something free and never have a means of gaining it back from bettors. Except it's given to bettors as bonus or a something like sign up bonus similar thing there about. That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
This is probably another Bitget shill.
From OP's post history, I can see that his main intention is to attract people to look at this Bitget site. Since I only like to use old and reliable casinos or betting houses, I didn't click on the address of this Bitget site, but this type of advertising is not a good sign, a serious company pays for advertising and doesn't do this kind of thing. I hope I'm wrong, but I wouldn't use this site.
At the end of the day, it depends on the gambler if he will deposit on this site or not. Even if you click the site, if you won't deposit, I don't think it will be beneficial on his intentions. Because anyone here can promote certain sites but it is up to the user if he will sign up or not or deposit funds. It is the prerogative of the user to actually deposit and play on the site or use the referral link, if there's any.
For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
This is cool if it is free and real. But speaking of reality, there is no way to gain and win right predictions without having to bet with real money.So, it isn't cool at all unless there is some conditions from the exchange that you are advertising and that is an incentive for specific accounts and users that has spent certain threshold.
You are just wasting your time and energy if there's nothing substantial out of this. Yes, you are getting right predictions, then, what? If you are not placing any bet amount, then, I don't think you will sustain such interest of betting without real money involved. So yeah, without money, you are just wasting your time here.
and yes I saw a lot of sports nowadays accept crypto for their sponsor even the biggest like Bybit on F1 Team is just freaking cool. It not only do people get attracted to crypto but also I just feel proud that crypto company started sponsoring those cool sports teams.
i mean stake a gambling platform that is very famous among crypto enthusiasts is literally sponsoring a f1 team bearing their own nameso it’s not surprising anymore there’s a lot more crypto sponsors around sports some are very obvious while some are more subtle but it’s undeniable that there is definitely now a huge impact of crypto onto sports community as well
Crypto is becoming more inclusive and is integrating into various sectors, from entertainment to sports and beyond. We've seen teams like Manchester City, Napoli, Lazio, and Chelsea get sponsors from OKX, Binance, and BingX, while La Liga has partnered with Bitget. These partnerships have given sports fans a good opportunity to engage with the crypto space and have also increased exposure for the ecosystem.
Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
Due to these partnerships, we've seen the introduction of innovative initiatives. For example, imagine getting rewards for making correct match predictions. Cool, right? And no, it's not betting—you're not putting in any money. It's actually a cool feature; as a Real Madrid fan, I could leverage this to gain some liquidity if I'm lucky.
That's what I came across earlier, and it got me thinking about the synergy between crypto and sports. What's your opinion on this?
This has been happening for years now, and there are players that got their salary into crypto already. We've even have tokens as well that fans can used to buy tickets. But not sure how it went well though, because as far I can remember, it was way back like 2018 during the height of ICO thingy.
We have stadium name Crypto.com with LA Lakers, so there are a lot of integration between crypto itself and sports already.
And the obvious, crypto based gambling sites sponsoring athletes from UFC to footballers.
This is probably another Bitget shill.
From OP's post history, I can see that his main intention is to attract people to look at this Bitget site. Since I only like to use old and reliable casinos or betting houses, I didn't click on the address of this Bitget site, but this type of advertising is not a good sign, a serious company pays for advertising and doesn't do this kind of thing. I hope I'm wrong, but I wouldn't use this site.
Don't forget about Crypto.com. I've seen their logos on most major events like world cup football, boxing and MMA.
And presently, crypto.com has launched a prediction market for sports. Thus, I started to wonder how many exchanges are interested in exploring entering sports betting spectrum.
I have heard of robinhood's interest, for instance. IIRC, was presented at investors day. Perhaps there are more. It's a booming industry so I'm not surprised the known guys are interested.
Food for thought.
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