Bitcoin Buzz in NFL Playoffs
Betting has long been a favorite pastime for sports fanatics and that fervor has spilled over into the world of cryptocurrencies.
Whether you like to bet on results or enjoy the thrill of spot betting on chance occurrences, there is plenty on offer for the avid gambler.
The NFL playoffs are already underway, but it’s not too late to stand a chance to win some Bitcoin during the business-end of the American football season.
There is no denying the hype surrounding NFL, especially when we near the Super Bowl which in recent years has garnered no less than 100 mln viewers.
So it really is a no-brainer that marrying NFL with the likes of Bitcoin, which was the second most searched news term on Google in 2017, will grab headlines.
Online fantasy sports gaming company FanDuel is running a league which offers winners various rewards in Bitcoin over the next few weeks. According to Business Wire, this is a first for the online sports gaming community.
Fantasy sports have become massively popular around the world and FanDuel CFO Andy Giancamilli says the incentive to offer Bitcoin as a reward is a step towards the future, as cryptocurrencies move into mainstream acceptance.
“FanDuel has always sought to deliver the most unique and rewarding experiences or prizes to our users,” said FanDuel CFO Andy Giancamilli.
“In awarding Bitcoin, we’re recognizing that most of our users are early adopters of technology and have a significant interest in cryptocurrency. Our fans love the prizing aspect of playing on our site and we think this will be a reward that they truly appreciate.”
Two contests – four Bitcoin ($65,000) at stake
Fantasy league players can enter a free-to-play contest which rewards one Bitcoin to the winner of the ‘Bitcoin Bowl Free Play.’
The ‘Bitcoin Bowl Tournament,’ a multi-entry competition costing $3 per entry, offers the winner two Bitcoin in reward. Finishing in second place offers 0.5 Bitcoin while third and fourth place will get 0.25 Bitcoin each.
A player must select a full fantasy starting team comprising of one quarterback, one kicker, one tight end, one defense as well as three wide receivers and two running backs. The different players have different scoring opportunities that are recorded during a game, as per this guide from Rotogrinders.
The wildcard round of the NFL playoffs got underway on Jan. 6.
First up, the Tennessee Titans beat the Kansas City Chiefs 22-21 while the Atlanta Falcons beat the Los Angeles Rams 26-13.
The Jacksonville Jaguars beat the Buffalo Bills 10-3 while the New Orleans Saints beat the Carolina Panthers 31-26 on Jan. 7.