Bitcoin Futures May be the Next Big Short

Written by:
Guest
Published on:
Dec/06/2017

Bloomberg's Sonali Basak discusses betting on bitcoin futures. She speaks with Bloomberg's Vonnie Quinn and Shery Ahn on "Bloomberg Markets."

“It’s not a trade for the faint-hearted,” Basak said.  “Bitcoin has surged this year.”

She added: “There is a worry, will there be a lot of people shorting to hedge their bets, yes.”

Bitcoin has begun to dominate the online gambling space, making up as much as 40% of all Web gambling transactions and that percentage keeps going up, especially with the likes of Bookmaker now accepting most forms of cryptocurrencies.

Watch below.



video News

Legalized Sports Betting in Texas a Pipe Dream

Those looking to place sports bets online in Texas will be able to do so via a host of international websites and maybe even by driving to Oklahoma.  Otherwise, it's a give that the state won't be legalizing sports betting any time soon.

Draftkings Sports Betting 'Team Pick'em' Open to All in US

"Team Pick'em" is available in all 50 states and offers real cash prizes and is free to enter

Madden Curse 2018 - Bet on Antonio Brown Missing a Game

Madden Curse 2018 - Bet on Antonio Brown Missing a Game

Our friends at BetDSI.com have released odds on the dreaded "Madden Curse", which unfortunately took on new meaning just recently when a gunman opened fire and shot two people during a Madden NFL eSports event in Jacksonville, Florida.

Mass Shooting in Jacksonville Caught During Live Streaming of eSports Event (Video)

The Jacksonville, Florida, Sheriff's Office said there was a mass shooting with multiple fatalities at a downtown shopping-dining complex on Sunday and urged people to stay far away from the area. 

Utah Senator Orin Hatch to Introduce Sports Betting Legislation

One of the original authors of legislation banning sports betting across the USA plans to introduce a new bill that would regulate the activity at the federal level.

Syndicate