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Why You Shouldn’t Play Online Poker Freeroll Tournaments
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Why You Shouldn’t Play Online Poker Freeroll Tournaments
If you’re new to the world of online poker or simply enjoy playing within your limits, the concept of a freeroll tournament simply seems too good to be true.
And that’s because it is…
For those that don’t know, a freeroll tournament is one which doesn’t require an entry fee of any sort in order to play. That’s right, free poker – so what’s not to love?
Well, poker is a game that fundamentally revolves around the concept of risk and reward. And with no skin the game, as gamblers are prone to say, playing a freeroll tournament is a far cry from real poker.
Just ask Chad Holloway, a longtime veteran of the poker media industry who isn’t a slouch on the felt in any respect. Holloway bagged a gold bracelet at the 2013 World Series of Poker (WSOP), and he’s accumulated more than $163,000 in live tournament earnings – all while playing part-time.
Writing in a guide on how to beat freeroll tournaments, Holloway penned the following passage which speaks to the heart of why these special events aren’t exactly poker as you might know it.
“With many inexperienced players and nothing to lose, the first few minutes sees a large chunk of the field go out with crazy hands and all-in preflop action. So sit tight initially.
That doesn’t mean you can wait too long – we said ‘first few minutes’ not ‘first few levels.’
The all-in craziness isn’t defined by blind levels, but by a lot of players in small poker freerolls who are looking to accumulate a big stack early or just go out.
Don’t bother trying to play ‘real poker’ in the first few minutes; just fold everything bar big pairs, and spring into action when things calm down.”
Just like Holloway says, freeroll poker and real poker are two completely different pursuits. Without their own money on the line, your opponents can simply click buttons and get their chips in holding any two cards, turning the pure strategy game of Texas Hold’em into nothing but a crapshoot.
You’ll find dozens of daily freeroll tournaments littering the schedules of your favorite online poker rooms, which can make the events seem like an attractive option. And for players who find their bankroll tapped out at the moment, getting an hour or two of tournament play in free of charge makes perfect sense – at first glance, anyway.
But in reality, freeroll tournaments just aren’t worth your time or effort. Read on to learn why entering freeroll events is a mistake, complete with advice from successful pros like Chris “Jesus” Ferguson and Chris Moorman, along with Holloway.
Your Opponents Hardly Ever Take Them Seriously
Way back in 2006, decorated pro and six-time WSOP bracelet winner Chris “Jesus” Ferguson embarked on the adventure of a poker player’s lifetime.
Even though he had plenty of money in the bank, Ferguson challenged himself to generate a bankroll of $10,000 on Full Tilt Poker – all while beginning with exactly $0.00 in his online account.
Naturally, the only way to turn nothing into something in the poker economy is through freerolls, so Ferguson dove headlong into the strange world of no-cost tournaments.
But even while he was surrounded by lesser-skilled opponents, Ferguson struggled to gain traction at first, and all for one simple reason – his opponents weren’t taking the game nearly as seriously as he was.
Here’s how he described the situation in 2014.
“One of the funny things about the challenge is that people would see me playing a freeroll and think I was fooling around. Are you kidding me?
I was taking those freerolls dead seriously because getting money out of them was an essential part of the challenge.
I was sweating on the other side praying, ‘Please fold, please fold!’”
While Ferguson was anxiously sweating every flop and fold, his opponents were simply splashing around and having fun. And while that’s all well and good if you’re playing for entertainment purposes only, serious poker improvement inherently requires serious opposition.
You can’t explore different strategies in your own game when the rest of the table isn’t thinking strategically in the slightest. Just imagine trying to run a carefully constructed bluff through on the river, knowing your opponent only has bottom pair and a missed draw.
That player should fold to your pressure play on fifth street – and if they had even a dollar on the line, they probably would. Instead, they happily click the “CALL” button, secure in the knowledge that winning or losing doesn’t really matter to them at all.
Scenarios like this are all too common at the freeroll tables, which Holloway alluded to in his warning on not worrying about playing “real poker.”
Freeroll “Strategy” Can Wreak Havoc on Your Game
Consult any poker strategy guidebook, and you’ll likely come across several pages devoted to patience.
The players who can rein in that natural temptation to play poor hands – especially when the dealer doesn’t seem capable of delivering premium cards their way – are best equipped to survive the gauntlet that is tournament play.
Here’s what Holloway had to say about freeroll strategy when he wrote a guide on the subject for 888 Poker.
“Always be prepared to make huge raises and all-in pushes with hands like A-A and K-K, almost regardless of position.
One of two things will usually happen. Either inexperienced players will give you action by calling with any Ace, any pair, or even any two suited cards. Secondly, a player with a similar level of experience as you may share the opinion that a tournament without a buy-in allows for a greater amount of gamble, and therefore make the call with a low pair, a big Ace like A-K or A-Q, or even something like K-Q or K-J!
Yes, everyone might fold, but if you do catch someone with a playable hand you’re in a great spot to double through. If the action is short-handed or the blinds really small then a big raise, rather than an all-in move, is a better approach.”
And while that all may be well and good in the freeroll world, playing like that in a real tournament is a recipe for disaster.
Unfortunately, most players aren’t as capable of “switching gears” as they’d like to think, so freerolls can definitely develop several bad habits.
From semi-bluff shoving every draw you flop to calling big river bets down light assuming your opponent is bluffing – these freeroll-inspired leaks can severely impact your ability to eke out a profit in the paid entry tourneys.
If your goal is to return to the real money games at some point, it’s best to avoid freerolls entirely and work on improving your genuine poker strategies.
They Aren’t Lucrative in Any Sense of the Word
One of the main reasons serious players dabble in freeroll tournaments is the prospect of winning something for nothing.
Remember, we’re not talking about play money poker here, and most freerolls offer prize pools in the $100 neighborhood. Using the typical poker tournament payout structure, which sees the winners claim 10% of the prize pool, you may be competing for a cool $10.
And hey, that’s nothing to scoff at when your bankroll is bust and belly-up. Whenever you can score an infusion of funds without making a deposit from your bank account, you’re already winning.
That $10 prize is good throughout the rest of the poker room, so you can make like Ferguson and transition into to micro-stakes cash games and tournaments from there.
But one thing to keep in mind about freerolls is that the “big bucks” are only claimed by the winner. The runner-up in a $100 freeroll might win $5, while the first player out at the final table usually gets $1.
Notch a “min-cash” by barely making the money, however, and your reward is nothing but a few pennies – not even enough to enter the lowest non-freeroll event on the board.
That was Ferguson’s experience, anyhow, as he recounted during a 2014 interview.
“I basically broke even on (cash games) and made about $22 from freerolls.
I cashed in about one in 10, at about an hour and a half for each, which works out at $0.14 an hour or something stupid, but that wasn’t the point.”
Yes, you read that correctly…
Ferguson – a world-class poker pro who was taking the games as seriously as he could – only managed to squeeze out 14 cents per hour while grinding freerolls.
Let’s take a bold leap and assume you’re not as talented of a poker player as the 2000 WSOP Main Event World Champion. If you were even 1/3 as skilled as he is, you might expect to earn a nickel per hour playing freerolls.
In order to get $1.10 in your account – the typical low-point for online tournament entry fees – you’d need to play (and win) for 22 hours.
If spending nearly a full day of your life chasing a measly buck sounds like fun, by all means, take your shot at the freeroll festivities. But if you’re like the rest of us, you’ll probably want to play poker games that offer legitimate compensation for your time, effort, and good luck.
The Environment Is Toxic and Irritating
Back in the heyday of the online poker boom, chat box intimidation was a serious issue.
The technology back then didn’t allow for chat to be turned off or muted, so players were forced to endure a stream of invective – for winning and for losing.
Put a bad beat on a player, and you’d get harangued and harassed for being a “fish,” a “donkey,” a “luckbox” – or worse. Conversely, if you continually played high-level poker and won your pots using skillful calls, bets, and bluffs, the game’s losers had no compunction about calling you out as a bully.
All in all, the chat box turned most online poker tournaments into a toxic cesspool of juvenile banter and bickering between opponents.
Thankfully, the environment has been largely cleaned up at the standard entry tables – but freerolls are another story.
Check out what Holloway wrote about the chat box nuisance in his freeroll tournament guide.
“You’d be hard pushed to find any other instance in the world of online poker where the chatbox gets abused more than during a poker freeroll tournament.
With the standard of most players being relatively low, you’ll bear witness to an endless run of bad beat stories that disgruntled punters will have trouble letting go of.
Of course, you’ll have noticed that most of these tales are not unlucky, but in fact the result of poor play. The trick is not to tell them that, no matter how tempting it is.”
Holloway wasn’t focused on harassment so much as bad beat stories, but his point is clear – chat boxes in the freeroll arena are like the comments section on YouTube. Everybody has something to say, but nobody’s saying a damned thing worth listening to.
Spare yourself the grief and aggravation by avoiding freeroll tournaments and their poisonous chat rooms altogether.
They Make You Rush to Get Registered
This criticism is a bit of nitpick, but when you open up your favorite online poker room’s lobby and see an attractive freeroll on the board, you’d better hurry.
These events are the bread and butter for players who have long since gone broke playing real games. And believe it or not, most poker rooms are filled with long-term losing players who have nothing better to do than fire away at the freeroll menu.
As such, when the site opens a new freeroll for registration, the tournament typically reaches capacity in a matter of moments. And even though we’re talking about freerolls that seat 3,000 players in most cases – it doesn’t matter in the slightest.
As soon as the green light goes up to enter, the event will be jam-packed and filled up within minutes.
This is what Greenstein had to say about the mounting frustration that comes with such a short window of opportunity.
“If you didn’t sign up within the first 90 seconds of registration opening the tournament would fill up and you’d have to wait until the next one, so I’d set an alarm clock to remind me.”
Remember, most sites run a daily freeroll, so you’ll only have one shot every 24 hours to get in the game. Miss it, and you’ll be sitting on the sidelines that day, with nothing to do but sweat the action from afar.
That’s no way to play poker, especially online where bankrolled players have dozens – or even hundreds – of tournaments to choose from during the course of a day.
Conclusion
Freeroll tournaments seem like they should have a place in the poker economy, and indeed, they do for many people. But by and large, these players are folks who have long since given up on the prospects of playing for real money.
Sure, they may score a few bucks here and there, but for the most part, freeroll regulars are akin to the railbirds you see along the major live tournament circuit. They’re spectators, stuck on the fringes of a game they love, but lacking the ability and the bankroll to play for keeps.
If you’re still serious about improving your poker skills while having fun at the tables, ditch the freerolls altogether and start grinding the lowest stakes.
A tiny $20 deposit is enough to play 18 of those $1.10 tournaments, and know this – even for a single dollar, the poker played there is leaps and bounds better than what you’ll find on the freerolls.
The post Why You Shouldn’t Play Online Poker Freeroll Tournaments appeared first on GamblingSites.com.
Top 10 first impressions of the new MGM Springfield casino
Casino City Times
Top 10 first impressions of the new MGM Springfield casino
Casino City's Gary Trask spent the last 24 hours roaming the new MGM Springfield and reports back with 10 first impressions of the lavish $960 million property, located a two-hour drive west from Boston.
Nevada regulators reject deal with sports books operator
Las Vegas Sun Stories: Gaming
Nevada regulators reject deal with sports books operator
Nevada gambling regulators rejected a proposed settlement on Thursday with a troubled sports books operator, which admitted to taking unlawful bets and ...
Betting on McGregor vs. Nurmagomedov – Prop Bets to Take Advantage of
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Betting on McGregor vs. Nurmagomedov – Prop Bets to Take Advantage of
Surprise, surprise, the KING is back!
That’s right, folks. The Conor McGregor holdout officially ended at 693 days. Come October 6, 2018, at the T-Mobile Arena in Las Vegas, Nevada, UFC’s biggest star will make his much-anticipated return to the octagon.
The new Lightweight World Champion of the UFC, Khabib “The Eagle” Nurmagomedov will be waiting to defend his belt against the previous 155 champ who was stripped of his title due to inactivity.
It’d be easy to take you down a path of who I think is going to win the fight. But I’d rather shine some light on some prop bets that have me seeing some great value.
In a sport where I have often felt that lines can be taken advantage of, here are some bets with the potential to make some betting profit.
McGregor Method of Victory
The first props that caught my eye were both ones that see Conor McGregor winning the fight. Even though he’s far from a lock, the following two bets are definitely worth considering, in my opinion.
McGregor to Win by Decision+865
McGregor to Win Inside 5 Rounds+200
Personally, I don’t see Conor winning by decision. But then again, I didn’t think Stipe vs. Ngannou would go the distance, and it did.
At the odds available, I think this bet has to represent some value. When you consider how evenly matched these two fighters are, it would hardly be a major shock if it ended up going the distance.
However, the +200 for a McGregor win inside of 5 rounds is really the bet that I want to book here. I really like the value this offers.
When considering that the line for McGregor to win is +150, I’ll take my chances on him to get the win before the 5 rounds are up. I recommend you do the same, although I wouldn’t advise against also placing a small wager on Conor winning by decision.
PICKMcGregor to Win Inside 5 Rounds+200
Nurmagomedov Method of Victory
This fight is so close that you can’t be too stubborn to ignore one complete side of the fight. So, if you’re favoring Khabib to get the victory here, here are some prop bets for you to consider.
Nurmagomedov to Win by Decision+380
Nurmagomedov to Win by KO or TKO+400
Nurmagomedov to Win by Submission+220
From what I have seen, experts say this fight is going to go one of two ways. Either McGregor is going to connect a left hand and put Khabib to sleep, or Khabib is going to dominate by taking Conor to the ground and pounding his face until he gives up.
I wouldn’t go against the experts too strongly, but another outcome I could see happening is Khabib taking his time and “changing Conor’s face” like he has stated.
Conor looks light and has put emphasis on cardio during his training camp. This makes me feel that Conor has known this fight was coming for more than the 60-day build-up after the fight was announced and that’s he making sure he’s ready to go the distance.
And there’s no doubt that Khabib could fight for 10 rounds with his grappling dominance and stamina.
McGregor certainly stands a good chance of getting the judges’ decision if the fight does go the distance, but I also think Khabib will benefit the longer the fight goes. I’d expect him to move forward, push Conor against the cage, and take him to the ground.
If Conor can avoid tapping out in these circumstances, I don’t think Khabib has the power to put him away.
If the fight does get to the later stages, Nurmagomedov to win by decision will be looking like a pretty smart bet. Especially when you consider that the unbeaten fighter has claimed five of his last seven victories with this method.
I can’t actively recommend a bet here when I’ve so confidently gone for McGregor to win in the first five rounds. But if you do like Khabib to win, then backing him to win by decision is probably the way to go.
Will McGregor Land a First-Round Knockdown?
Let’s look at how the two options for this prop are priced up.
Yes+400
No-500
I want to focus on a key word in this prop. Knockdown.
Not knockout or TKO. This is a huge difference. You are telling me I can get 4 to 1 odds that Conor is going to land a left hand in the first 5 minutes of the fight? Count me in on this one!
This is one of the top arguments for Conor to win the fight. Khabib only knows moving forward. I hope he is ready to eat a left or two as he is coming in to take Conor down. I’d be willing to bet that the Irishman has dreamed and visualized Khabib charging forward eager to take Conor to the ground and Conor timing his left perfectly.
Now getting back to that key word of knockdown.
Conor doesn’t have to put Khabib to sleep; he just has to connect on one left, and Khabib will be knocked down. This doesn’t mean Khabib will be finished, but just like in Conor’s rematch with Nate Diaz, Conor was able to put him on the canvas early with his left.
Conor throws just under 30 strikes per round looking back at his averages for his previous UFC fights, with about 15-20 left-handed strikes per round. If I just need him to land one to get Khabib to fall to the canvas, and I’m getting 4 to 1 odds that one of those 15 strikes connects, is there not value there?
I definitely see enough that I will throw some money on this bet.
PICKYes+400
How Many Takedowns Will Nurmagomedov Score?
We’ve got four options with this bet, as follows.
0-1+150
2-4+100
5-6+400
More+700
Many experts have pointed out that one of Conor’s weaknesses is his takedown defense, and I’m inclined to agree. Khabib happens to be arguably the best wrestler in the game, too, so he’s going to look to exploit that weakness as much as he can.
Khabib scoring takedowns in this fight is just as inevitable for me as Conor landing an early knockdown. The question is, how MANY will he score?
Conor has been training with as many wrestlers as he can get into his camp, so it’s clear he’s expecting to be taken down throughout the fight. I’m not sure he’s going to be able to avoid it, though, however well prepared he is.
The +700 line for 6 or more takedowns is tempting, but that’s probably a little risky. 5-6 is worth considering, too, but I think we’ll probably see less than that. Let’s stay away from those lines and get some even money action on Khabib taking Conor down 2-4 times.
PICK2-4 Knockdowns+100
Conclusion
We are just a few weeks away from what will become one of the biggest events in Las Vegas’ entertainment history. No matter who you are rooting for in this fight, you have to be excited. This is the fight we have all been waiting for ever since Conor threw a dolly through the window of Khabib’s bus at UFC 223.
With pay per view projections said to be approaching 2 million buys, this fight takes the UFC to another level. This is the fight William Morris Endeavor dreamed about when they dished out 4 billion dollars to buy the UFC.
Conor McGregor is the Michael Jordan of the UFC. He moves the needle unlike anyone that has fought in the octagon, and he’s BACK! Throw in an undefeated champ in Khabib Nurmagomedov, and UFC has the perfect formula needed to revive the sport that has had a difficult time trying to replace Conor McGregor.
Picking a side is tough enough with two opponents so evenly matched. Actually, it’s even harder for the ones who think they know. We don’t know what is going to happen when these two enter the octagon.
But hopefully after looking at some possible scenarios, we can take advantage of these props that present us with some seriously appealing value.
The post Betting on McGregor vs. Nurmagomedov – Prop Bets to Take Advantage of appeared first on GamblingSites.com.
The Potential Impact of Bitcoin on the Soccer Industry
GamblingSites.com
The Potential Impact of Bitcoin on the Soccer Industry
The Bitcoin revolution has changed the world completely in the past year or two. What once was the territory of so-called “nerds and internet geeks” is now pretty much mainstream.
Most people have at least heard SOMETHING about cryptocurrency these days, even if many are still rather unfamiliar with the details.
A lot of services and businesses now work with cryptocurrencies in various ways, often with great success. Bitcoin and other cryptocurrencies are becoming increasingly prevalent in the online gambling industry, for example, and are a popular way to fund accounts at gambling sites.
You can check out our Bitcoin gambling section for more useful info on that.
Rather surprisingly, it seems that Bitcoin is making its way into the world of soccer as well. Seven clubs from one of the most popular competitions around the globe, the English Premier League (EPL), have signed sponsorship deals that will be paid in Bitcoin.
But what does that mean for the sport? And what could happen in the future? Is it just a publicity stunt? Or does Bitcoin really have the potential to become an influential force along the road?
I will try to figure it out, but let’s start with the facts.
EPL Clubs Sponsored with Bitcoin
A recent sponsorship deal will see seven clubs from the English Premier League make their first moves into Bitcoin.
Tottenham Hotspur, Leicester City, Southampton, Cardiff City, Newcastle United, Crystal Palace, and Brighton have become partners with the online currency trading platform eToro.
Each of them will start using digital wallets as a trial and receive their compensation for the sponsorship deal in Bitcoin.
It’s not exactly clear what will happen with their Bitcoin, or even if the clubs will actually use the digital currency, but it’s a step with some exciting potential.
Many believe this deal is a publicity stunt, and I can see why, but it does raise some interesting questions surrounding the future of Bitcoin and soccer.
The cryptocurrency and some of its successors, like Ethereum, for example, have already changed the internet and our concept of money to some extent. Can they actually influence a multi-billion-dollar business like soccer? And what does that mean for other big sports?
What Purposes Could Bitcoin Serve?
For Bitcoin to somehow become a part of the soccer world, it obviously needs to serve some kind of practical purpose and solve a problem better than the existing options. Let’s take a look at some of the possible uses of the cryptocurrency.
Player Transfers
We’ve been seeing the transfer market explode in the past couple of decades. Players are being sold for hundreds of millions now, and the numbers are simply insane. A guy like Kepa Arrizabalaga, who’s only 23, cost Chelsea more than £70 million.
No disrespect to the young goalie, but that’s mind-blowing. The question is, could the clubs possibly use Bitcoin for such transfers in the future?
It may sound ridiculous at this point in time, but cryptocurrency could actually be a better option than traditional currency in huge transactions such as Chelsea’s recent purchase.
Just imagine the fees and formalities involved in a multi-million-pound transfer. On top of that, there are often add-ons that go through the same complicated procedures.
If two clubs agree to use Bitcoin, it would be so much easier, and most probably dramatically cheaper, to complete a transaction of this size. Simply send the money, and that’s it. Such an approach would also bring more transparency.
I would say that it’s not entirely crazy to think that this is a possibility somewhere in the future.
Sponsorship Deals
This one is obviously happening already! The deal between the seven EPL clubs and eToro is a sponsorship much like any other, just with the sponsor paying in Bitcoin.
We could see this happening more and more in the future.
As it stands, the clubs can’t do much with the cryptocurrency. They can’t use it in any meaningful way within the sport just yet. As a result, Bitcoin sponsorships certainly are unlikely to become a vital part of soccer anytime soon. The teams still need traditional currencies for all the expenses they have.
Holding Bitcoins could be seen as a long-term investment, though. Just imagine if any club had invested in Bitcoin before the rapid increase in the price happened. For some of the smaller teams, it could have made all the difference in the world.
To illustrate my point, the price of Bitcoin was around $1,000 at the beginning of 2017. It almost reached $20,000 by the end of the year. Any club invested in the cryptocurrency could’ve rapidly changed its financial status.
Based on this, sponsorships with Bitcoins or another cryptocurrency could actually have their place in soccer today, not as a source of cash that could be used right now, but as a look in the future.
Ticket Sales and Merchandise
This one is pretty simple, actually. The EPL clubs could easily integrate Bitcoin and other cryptocurrencies as an option you could use to buy season tickets or merchandise.
I would actually expect that at least one team has already done this, but I can’t find any evidence of that, so I might be wrong.
This move wouldn’t exactly be revolutionary, but it will provide more freedom and flexibility for the supporters.
One of the biggest advantages of being a Bitcoin user is that it can be easier, faster, and cheaper to buy stuff using cryptocurrency. Soccer fans would appreciate this when it comes to buying tickets and club merchandise.
Player Salaries
If I have to be completely honest, this is one of the aspects where Bitcoin will struggle to find a place in soccer. In theory, the clubs could pay the players in crypto, but I don’t think any player or agent will agree with that.
It’s not impossible somewhere in the future, but it’s almost certainly far from the present day.
Reasons Why Bitcoin Will Have to Wait
There are certainly benefits of implementing Bitcoin and other cryptocurrencies. However, it will be a slow process, and there are many difficulties that will have to be somehow solved.
Government Regulation
The current legal status of Bitcoin and cryptocurrencies, in general, is a complete mess. They are treated as a currency in some countries and as a commodity in others. They are banned by some states, others have regulated them, and there is a third group that doesn’t have any regulation related to crypto.
This creates a lot of potential problems with the usage of Bitcoin. I’m not quite sure what kind of taxes the clubs will have to pay, how will they declare any potential profits in BTC, and so on.
A lack of clarity on various issues could prevent the proper integration of Bitcoin into soccer.
Unless there is some kind of general regulation or at least some legal status in the near future, I’m afraid there won’t be many changes. Bitcoin and the similar currencies will simply be impossible to implement in soccer, or any other sport, for that matter.
Volatility
The second major factor is the volatility of the crypto world. Sure, the traditional currencies also lose and gain value all the time, and this affects the clubs. A good example is the English Premier League.
The teams from the United Kingdom often conduct their trades with organizations from Europe which use Euro as their unified currency. As a result, the exchange rate between the British Pound and the Euro plays a huge role.
The recent events around Brexit have certainly affected the trades around the English soccer clubs, but this is nothing compared to the world of cryptocurrencies. You will often see Bitcoin, Ethereum, and the rest slide or rise significantly in a matter of days, even hours.
This would bring chaos to the soccer world, and I don’t think any club out there could actually afford such a level of uncertainty. In fact, this is one of the main reasons the crypto revolution has currently slowed down.
The big question is if this problem will somehow be solved in the near future.
I think it’s inevitable, or at least likely, that the major cryptocurrencies will eventually be more stable. But we don’t know if that will actually happen soon or not.
2017 was a crazy year, and although 2018 is a bit more settled, it’s not nearly stable enough for such a large industry like soccer to embrace crypto.
Security
I’m not entirely certain if Bitcoin and the other cryptocurrencies are secure enough when it comes to millions and even billions. After all, the banks, with all of their downsides, look safer right now.
We’ve heard about Bitcoin thefts, hacks, and even lost wallets that can’t be restored. Once you lose your crypto money, you can’t go back. There’s no path to restore them. I don’t think that the soccer clubs can afford that.
Still, I believe this is the easiest problem so far. Technology should quickly reach the point when there are enough safety nets and security measures that could protect large amounts of money.
I can definitely see this particular issue solved within a couple of years or so.
Conclusion
All things considered, I think we are still far away from the moment when Bitcoin or any other cryptocurrency will have a big part to play in soccer.
Still, the rapid rise of the technology has no limits, so you never know.
If the existing issues are resolved at some point in the future, we could actually see the cryptos involved in soccer or other major sports. It could bring a lot of benefits for most parties involved, most notably the clubs and the fans.
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