As you sit at the blackjack table or in front of the slot machine, you may be wondering, does gambling ever pay off for anyone? And the truth of the matter is, as risky as gambling is, it really has made some people very rich. But the casino games which have led to people becoming very rich may surprise you.

Poker

Perhaps the most famous casino game which is filled with a number of Cinderella stories is the table game, poker. …

With a world filled with hundreds upon thousands of alt coins, it’s not surprising when you come across one you haven’t heard about before. But this specific coin, PIVX, has had such an impact on the cryptocurrency world, that if you’re a big follower of the space, you’ll probably be shocked you haven’t heard of it before.

What Is PIVX?

Well you’re probably wondering, just what is PIVX. In short, it’s a privacy coin most closely related to Monero or ZCash. The acronym PIVX stands for Private Instant Verified Transaction and it was invented as a fork from the DASH altcoin. …

Gambling has been depicted in all kinds of Hollywood movies over the past few decades. But when you see characters gambling in a movie and winning millions, how accurate is this? And can these types of things happen in real life?

Generally, the reality of gambling depictions in movies depends on the specific movie, because, believe it or not, a number of Hollywood movies which depict gambling are actually based on true stories.

The Movie 21

This movie is based off of the true story of a bunch of MIT students who formed a blackjack club to pay their way…

In recent months, a new alt coin has gained massive amounts of traction and, as of the writing of this article, holds 14th place on CoinMarketCap. So, what is Wrapped Bitcoin? Is It Bitcoin? The answer may actually surprise you.

What Is Wrapped Bitcoin (WBTC)?

Wrapped Bitcoin, abbreviated WBTC, is an ERC 20 token which is backed on a 1:1 basis with Bitcoin, sort of like a Bitcoin based stablecoin. Basically, Wrapped Bitcoin is a token which can be used to represent Bitcoin on the Ethereum blockchain. This is a done using a completely transparent process which is 100% verifiable. …

As January 2021 fades into February, it’s almost time for that dreaded time of year, also known as tax season. Tax season can be happy for many people (especially those who get a refund year after year) but can be difficult for others who end up owing money to the government. If you’re a professional or recreational gambler, this can be even more stressful than normal, because how do you know what taxes you need to pay?

What Counts As Gambling Income?

Some people are under the impression that gambling winnings only need to be paid on money won in table games like blackjack or…

If you’ve been watching the ratings of cryptocurrency coins recently, you’ve likely been surprised by the number of new coins which are quickly gaining traction. One of these coins specifically, is something incredibly unique known as Uniswap.

What Is Uniswap?

Uniswap is a completely new type of cryptocurrency exchange which knocks all the other decentralized exchanges out of the water. Unlike centralized exchanges like Coinbase, Uniswap doesn’t have any overseeing or governing bodies. But the issue with decentralized exchanges is that traders are often looking for someone to agree with their exact trade in order to swap currencies. Uniswap is built on something…

In March 2020, when the world closed down, so did the city of Las Vegas, Nevada, often referred to as the gaming capital of the USA. But unlike a number of other cities which remained in lockdown until late in the summer months, the city of Las Vegas began opening in early May. And because it’s a city based on tourist income; tourists were invited back almost immediately. And the city has come under recent scrutiny because of its decisions.

Las Vegas in January 2020

To get an accurate picture of the role the city of Las Vegas played in this global pandemic, it’s necessary…

If you ever stop to look at the coins topping the charts in the cryptocurrency market, you may be surprised to see a new name there this past few weeks. Now in fifth place, where it has been holding steady for a few months now, is the coin known as DOT or Polkadot.

What is Polkadot?

Polkadot is a relatively new blockchain protocol which was designed to connect blockchains together. There are currently hundreds of different blockchains, and new ones are launching every single second, which will eventually overwhelm users. Polkadot aims to stop this by creating a platform to bring the functionality…