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US Lottery Winner Invests USD 250 000 in Bitcoin

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US Lottery Winner Invests in Bitcoin

A resident of Illinois, United States, won US$500,000 (approx. R 7,5 million) with a scratch ticket in April 2019. When this Illinois millennial won, he posted a picture on Reddit, stating he has won the lottery and will invest half of his winnings into BTC in May. With Illinois being one of the highest-taxed states in the US, he only invested more or less $178,500 (approx. R2,7 million), after-tax deductions.

His plan for at least a year, is to HODL the investment, as he has enough money set aside for himself and any emergencies. With his winnings, he also bought a new car for himself and paid a deposit for a new house. Comments on his posted picture, was that he should have invested all of his winnings, not just half of it and that he is taking a huge risk for sharing his winnings on the internet, making himself a target for crime. 

A comment that one of the crypto community members brought to light, was that some people might associate bitcoin with lottery. Which is obviously not the case. However, Bitcoin Lotto does exist, it is a cryptocurrency lottery, launched for the first time in 2017. You have to match 6 numbers out of 49 balls, based on the six numbers drawn on Bonolotto, an official Spanish Lottery. The draw takes place 6 times a week (Monday – Saturday).

Before you invest in bitcoin, do the following:

bitcoin adoption Get all the information: It is important to have all the necessary information about the cryptocurrency market before you enter it. Make sure you understand how to buy bitcoin, where to buy it and how to sell it.

Where to invest: There are so many cryptocurrencies to invest in, in August 2018 there were 1800 cryptocurrencies. There is no guarantee that all of them will grow over the years to come. Maybe you want to start with the well-known currencies, like bitcoin, or maybe you want to test the water and start with the less known, that has potential in the future. Wherever you decide to invest, do your homework and have a good reason why you want to invest in the specific currency.

The best time to buy: bitcoin is a global cryptocurrency and is not affected by the financial situation, or stability, of a single country. Here you can do research and analyse bitcoin’s price history. Like any investment market, there is no right time to buy.

Guard your assets: This should be your top priority. Cryptocurrencies are exposed to theft just like any other asset. In order to access your investment, you will have a private key. Make this key impossible to hack and keep it locked up in your cold storage wallet.

The risk will always be there when it comes to investing your money. It can either skyrocket and you can smile all the way, or it can drop and you lose everything. Follow these guidelines when you are planning to invest in bitcoin.

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Bitpunter.io Lists Licensed Bitcoin Casino and Betting Sites

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Bitpunter

Bitpunter.io is happy to announce the launch of our brand new Bitcoin Betting and Casino guide. Bitpunter.io has more than 40 Bitcoin Casino and Betting site reviews. All the listed sites are licensed and offer provably fair casino games. Crypto and Bitcoin owners like to have a Provably Fair gaming platform. Now they can enjoy their Fair games at licensed operators as well. We aim to list only the Provably Fair casino and Bitcoin betting sites with gaming licenses. 

All the listed Bitcoin Casino and Betting sites are: 

  1. Licensed in Curacao 
  2. Offers Bonuses in BTC 
  3. Has BTC as an account currency 
  4. Offers games from top providers like NetEnt, Evolution, and Ezugi or offers provably fair games
  5. Available to play from all over the World

BitPunterBitpunter.io gives you the best and most secure options to bet and gamble with your beloved Bitcoins. Betting and gambling with Bitcoin gives you great advantages such as anonymity and security. Our aim is to provide the best reviews of Bitcoin Casino and Bitcoin Betting sites and make your gambling experience as smooth as possible. We only list licensed Bitcoin Casino Sites with great bonuses and customer service. You can read our Casino Reviews and check out the games and bonuses they offer.

This way you will be able to have a comprehensive look on the Bitcoin gambling sector and decide where to use your Bitcoins for casino games and sports betting.

Bitpunter does Bitcoin Casino Site ratings according to 4 different criteria:

  1. 🔒  Trust & Fairness: The most important thing about a Bitcoin Casino Site is to know if you can trust the house. The first criteria here is the existence of Provably Fair games where you can be sure about the fairness of the game outcomes. We also rank more classical Bitcoin Casino Sites highly if they offer casino games from trusted providers like NetEnt, Microgaming, Evolution Gaming, and Ezugi. The second criterion about Trust is knowing that you will be able to withdraw your winnings. This is mostly about the casino site’s license as the licensing authorities is supposed to prevent the player funds and make sure they get paid out. We mostly prefer Curacao-based casinos.
  2. 🎰  Odds & Games: When it comes to the availability of a wide range of games, we take into account the Bitcoin Casinos working with top casino game providers. They are able to provide 100s of live and slots games with their deals. If we are ranking a Provably Fair casino site we know that the games are most probably made in-house. We allow those casinos to have simpler designs and still get good ratings. A Provably Fair casino site is respected if they have more than 5 games but there are still very good casinos like Wolf.bet with only 3 games or Primedice with only 1 game of Dice. When it comes to sports betting sites we make sure that they offer decent odds and bet types.
  3. 💰  Bonuses & Promotions: Our criteria are different for classical Bitcoin Casino Sites and Provably Fair Casino Sites. When it comes to classical Bitcoin Casino Sites, we expect them to give away hefty sign-up bonuses even tough it is supposed to be wagered 40 times. 40 times wagering is considered a fair amount of wagering as these sites are casinos not charities. When it comes to Provably Fair Casino Sites we do not expect them to give away juicy bonuses as they work on very low house margins like 1%. We focus on promotions, hourly-daily-weekly-monthly tournaments and give aways. Loyalty bonuses and cashback offers become more important at Provably Fair casinos.
  4.   Customer Support: Offering customer support was almost unthinkable when the first Bitcoin Dice and Bitcoin Casino sites started. They usually came with on-site chat sections where users had to communicate with each other and hope for solutions. Thanks to the increasing demands of crypto gamblers and higher competition in the market, we are now able to get proper Customer Support with proper tools like Live Chat and Email. We take getting good customer support and showing respect to the users very seriously. We also take a look at the BitcoinTalk forum where we check how the operators respond to fellow gamblers and how likely they are to solve their problems.

Mission of Bitpunter.io

Our aim is to provide up-to-date information on all licensed Bitcoin Betting and Bitcoin Casino sites. I know that those Bitcoins are very valuable for every HODLer and we want to be sure about the safety of our funds when we bet or gamble with them. That is why I have gathered all the licensed Bitcoin Gambling sites and reviewed them for you. You can find both the Pros and Cons of every reviewed site and make your own calculated decisions. You can contact us through our website Bitpunter.io if you have any questions:

https://bitpunter.io/

You can also follow us on Twitter for the latest Bitcoin casino bonuses: https://twitter.com/Bitpunterio

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Keep It Regal – Enter the Royal Roulette!

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Royal Roulette

The sound of cards whirring in the hands of live dealers, bells going off at multiple slot machines, bets being whispered in hushed voices, levers being pulled in all corners of the room producing a racketing noise, and doors are constantly spinning as people enter and leave. That’s right: you’ve found your way at one of the most timeless, classic, and iconic casinos in this part of town.

You’ve come at the perfect time. We have an incredible tournament going on!

Welcome to the Royal Roulette! Where the jingling of quarters and clicking of the roulette wheel can be heard all day, all night, throughout the entire month.

Spin the wheel and play the night away at the Royal Roulette

1xBitThe Royal Roulette attracts all betting players – both young and old, high-stake and low-stake, beginners and experts, as they compete against each other for the ultimate prize of 250 mBTC. They travel far through land and sea to put their money where their mouth is and join in on the thrill and good old-fashioned adrenaline rush by indulging in the games at the Royal Roulette. All players are invited to play at the following 1xBit live casino tables:

  • Pragmatic Play Live Casino
  • Vivo Gaming
  • Evolution Gaming

Think you have what it takes? Then hop on over to 1xBit and take part in the Royal Roulette!

Take a guess! Your bet is as good as ours when it comes to the Royal Roulette

1xbit

At 1xBit, it is all about skill and strategy. If you want to win big at the Royal Roulette, then you need to be patient, act like royalty, and observe other players before making your move. Remember that haste is waste! Think carefully before you can wager on the outcome and lay down the odds.

That’s all there is to the Royal Roulette! If you should find yourself lucky enough to play with the best, then a prize worthy of a king awaits you!

The prize distribution is as follows:

  • 1st place – 250 mBTC
  • 2nd place – 100 mBTC
  • 3rd place – 50 mBTC
  • 4th – 6th place – 20 mBTC
  • 7th – 10th place – 10 mBTC

All players are informed that the event starts on 26th February 2021 and goes on until 25th March 2021. You have a whole month to play and fulfill your heart’s desire.

What are you waiting for? Join the Royal Roulette and win like royalty at 1xBit!

Enter the World of Online Gambling – Why Choose 1xBit?

You get to play from 200+ live casino games:

Live Baccarat, Live Blackjack, Live Jackpot, Live Poker, Live Roulette, Live Sic Bo, Live Monopoly, Live Over/Under, Live Deal or no deal, and Live Dice transactions!

Here are the benefits you get to enjoy at 1xBit:    

  • Welcoming bonus. All newcomers can claim a 7 BTC welcome bonus for the first 4 deposits. All the more reason to join!
  • VIP cashback. Didn’t win? No problem! You can still count on the 1xBit casino cashback that can go up till 11%. Sounds exciting, doesn’t it?
  • Multi-currency account. Enjoy a multi-currency account! Whether you have Ethereum (ETH) or Bitcoin Cash, you will appreciate that we support 20+ currencies.
  • Anonymous casino. You do not have to input any private or personal information to get started on 1xBit. Enjoy 100% anonymity as you enjoy your favorite games.
  • Instant payouts. You don’t have to worry about waiting around to have your money on you. Our payouts are instantaneous.

You deserve to be treated like royalty. That is exactly what we offer at 1xBit. Join today!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Press Releases

Bitcoin Gambling/Gaming Guide Provides GOSU Bitcoin Casino Reviews

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BTCGOSU

February 15, 2021 – BTCGOSU, an independent guide to Bitcoin Casinos, provides detailed reviews of online casinos and gambling sites. All reviews include valuable, honest information with insights from real players, that are updated regularly.

“Our goal is to enable you to enjoy Bitcoin gaming while remaining confident that you’re dealing with casinos that operate with integrity,” said a spokesperson for the site. Those interested in gambling online with Bitcoin or other cryptocurrencies can find starred ratings, promotions, overviews, and full write-ups that explain how each reviewed online casino works. Insights into variables such as VIP programs, deposits/withdrawals, customer service, and security are analyzed and tested in detail as well.

BTCGOSUBTCGOSU includes the world’s largest third-party Provably Fair Verifier, a technology that enables players to verify bets and ensure they are not manipulated. Reviews specific to Bitcoin casino slots and games such as Dice, Crash, and Plinko are also provided. A section on the latest GOSU Bitcoin game reviews is included on the website, as is a section exploring the advantages of Bitcoin gambling.

In addition, you can also find News, promotions, and guides on the site. This provides visitors the chance to find out the latest happenings with some prominent Bitcoin gambling sites and learn more about popular games such as Poker. BTCGOSU promotes only fair and reliable gambling sites; it is designed to provide unbiased, honest reviews of online Bitcoin casinos.

On top of that, visitors can use the site’s Casino Comparer, Provably Fair Verifier, and take advantage of BTCGOSU’s unique Disputes & Mediation service and Deposit Guarantee. They can also navigate to locate reviews specifically focused on the casinos themselves, bonus types, and games. The BTCGOSU comes from a prominent user of bitcointalk.org, where a complete Announcement Thread (ANN) for this crypto gambling website can be found.

For more information about BTCGOSU, and to read complete reviews written by actual players who contribute to our listings, go to www.btcgosu.com.

Learn more:

Website: https://www.btcgosu.com/

Twitter: https://twitter.com/BTCGOSU

Facebook: https://www.facebook.com/BTCGOSU

Telegram: https://t.me/btcgosu 

Media Contact: admin@btcgosu.com 

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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