As the world’s leading cryptocurrency Bitcoin continues to flourish. While it is yet to impact on the lives of a huge chunk of society, it is becoming more and more prevalent and accepted in far great places than ever before.
One of the most interesting industries accepting Bitcoin is the online gambling sector. Not in the UK yet, where the regulations surrounding betting accounts, payments and money laundering are far stricter than other jurisdictions. But worldwide.
Here in the UK, the Gambling Commission have put in strict regulations that bookmakers and betting sites must abide by. The KYC (Know Your Customer) rules means that identity, payment methods and authenticity are a must if customers are to be allowed to place a bet.
Bitcoin
As a result, betting with Bitcoin – or other cryptocurrencies for that matter – isn’t yet possible on these shores. And that is unlikely to change any time soon unless the crypto world can dovetail with the UK Gambling Commission regulations.
Elsewhere, however, bookmakers and betting sites around the world are accepting bets and deposits via ewallets and in cryptocurrencies from Bitcoin to ZCash and Ethereum to TRON.
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Some of the leading global bookmaking brands like Betwinner, 1xBet, Melbet and 888Starz, all accept deposits in cryptocurrencies, which is bet in BTC or converted into a currency to bet with online or via their betting apps.
One that has taken things even further is 1xBit, which offers the 1xBit promo code NEWBONUS. They are a sportsbook and online casino that only deals with crypto currencies and particularly Bitcoin. No surprise where the name came from.
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It isn’t something new either, because 1xBit saw this coming some time ago having been formed and founded in 2007. They are a traditional bookmaker in every sense other than the accepted payment methods of initially Bitcoin and now a wider array of cryptos.
What 1xBit saw about cryptocurrencies was the benefits of withdrawing winnings instantly. The experience mimicked that of a betting shop, collecting hard cash as soon as the bet was won. There was no three or five day delay for winnings to appear into a bank account.
Now it is possible to bet online using Bitcoin far widespread than just via 1xBit, although they do remain one of the leading betting sites for crypto customers.
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Is Bitcoin about to become the best way to bet online? Not every bookmaker will ultimately accept it as a payment method, particularly when the regulations governing them are tight. But the list of those that do is growing weekly and monthly worldwide.
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Betting via BTC is beneficial on both sides of the wagering fence, because it is easier for both customer and bookmaker to process payments and get their hands on the money quickly and easily.
As a currency that transcends countries, regions and continents, it is a global player and undoubtedly here to stay. While the online gambling sector can be accused of being slow to react from time to time, this is one area where innovation is leading the way.
Expect other industries like online shopping to learn from how bookmakers have adapted and added cryptocurrencies to their offering and business model. Bitcoin is set to boom in online betting and as it paves the way for a far wider impact.
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Manc rock band left ‘broke as f***’ despite just finishing EU arena tour as industry concerns grow
Danny Jones
Manchester musicians Witch Fever have revealed that they are now almost completely “broke” despite having just finished touring with a major rock band on a lengthy arena run across Europe, as concerns continue to grow around shows in the EU.
Post-Brexit, it has become increasingly more difficult for UK bands not only to make money playing around the mainland but to even book support slots in the first place.
From more stringent visa requirements that limit the amount of time they can perform on the road, as well as other essential work permits, to tax, transport and wider logistics, almost every aspect of the live music landscape has become more complicated on the continent.
Unfortunately, ‘Doom-punk’ outfit Witch Fever is one of countless groups being affected by these issues; opening up on a recent podcast appearance, they said that this is simply “what the music industry is like at the moment.”
As you can see, speaking in the most recent episode of the 101 Part Time Jobs with Giles Bidder – a fellow artist as well as pod and radio host – two members of the local outfit put it as plainly as they could: “we’re broke as f***”.
Breaking things down into as basic terms as possible, bassist Alex Thompson said that while the “fees are [already] low, the costs are getting higher and higher” relative to what they can afford.
Thompson went on to admit that she is now relying on the remainder of her late mother’s pension to get by and that no one in the band can even get a steady enough job right now because they’re heading back out on tour again this March.
As explained by lead singer Amy Walpole, the band has only just finished supporting Danish veterans Volbeat, but any potential ‘profit’ from the two-months’ worth of shows is currently “stuck in withholding taxes across Europe” – a common problem for most British artists trying to play overseas right now.
Surprisingly, they even received a little bit of backlash on social media since the interview (which you can watch in full HERE) went live.
This just in, JK Rowling super fan celebrating us struggling coz the music industry is impossible rn because *checks notes* it’s karma for disagreeing with JKs views lol
It wasn’t long ago that the Witch Fever gang booked a big hometown gig here in the city centre, either, as their warm-up shows for Volbeat also involved a trip to the AO Arena back in November.
We’ve seen them live a couple of times now, and if those shows were anything to go by, we really think you should go see them on their upcoming tour.
As it happens, we put them on our artists of the month round-up in January 2024, and they’ve only got bigger since then; it’s more important than ever that we support rising bands and grassroots venues on our doorstep when we can.
If you’re interested, you can grab your tickets now. Even if not, in the meantime, you can see what we had to say about them and four other fantastic Greater-Manchester-based bands down below.
Featured Images — Press shot (supplied)/101 Part Time Jobs (screenshot via YouTube)
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Local Bolton schoolkids chosen to select street names in new neighbourhood
Danny Jones
Some local schoolkids from Bolton are among the lucky few to be chosen for a great honour: to be the people responsible for selecting the street names for a brand new neighbourhood.
That’s definitely something to tell their little ones and grandchildren someday.
For anyone from the Bolton area, you may have heard of the new development popping up over in Little Lever, a burgeoning suburban area not too far away from Moses Gate Country Park.
Carrying on the ‘Creams Mill’ moniker as a whole, a group of students from nearby Mytham Primary School have further been entrusted with naming the next leafy chapter of village life.
Credit: Watson (press shots)
Picking a handful of pupils from members of the school council, who have clearly already shown plenty of initiative and interest in extracurricular activities, property firm Watson Homes first visited the school back in 2023 to allow some young minds to take part in an exciting competition.
Known as ‘The Change Makers’ in Mytham Primary, not only did they find out more about the brownfield plot, but also more about the site’s surrounding history, including its rich industrial heritage, the significance of the canal corridor in the wider context of Greater Manchester and more.
Having then been inspired by everything from the waterways to the native wildlife, names were thrown into the mix; now, more than two years later, eight of those bright-eyed pupils and some of their teachers were invited back for a mini grand opening of their own.
Getting to see the road signs unveiled for the first time – Woodpecker Road, Deer Lane, Owl Lane, Dragonfly Court, Middle Bents Lane, and Bally Close – as well as putting the finishing touches on other things like hedgehog pathways and birdboxes. Cute.
They even got to name three apartment buildings within Creams Mill, which have now been dubbed Davenport House, Fletcher House, and Waterway House. Such a cool experience for these youngsters.
Honestly, how wholesome is this?
Credit: Supplied
The Manchester-based affordable housing firm’s director, Mike Watson, said in a statement: “It has been incredibly rewarding to see the pupils of Mytham Primary return to the site and see their ideas become part of the streets they helped to imagine.
“This project started with conversations in a classroom and is now taking shape on the ground – from the new homes rising across the site to the restoration of the canal.
“This is a development that genuinely reflects Little Lever’s heritage and future ambitions, and is a powerful example of how regeneration is rooted in community pride as well as bricks and mortar.”
We think we speak for everyone when we say this is the kind of work in the community that we’d like to see more of from the various developers across the region.