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How to launch your personal Bitcoin Fantasy Team
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Fantasy Sports

How to launch your personal Bitcoin Fantasy Team

Date Published: 13th January 2021
The new reality in fantasy sports is the use of cryptocurrency, with Bitcoin being the most widely used currency. It is estimated that a vast majority of Bitcoin transactions worldwide take place in gambling sites.. The simple explanation for this occurrence is because Bitcoin transactions offer customers the anonymity that they seek which cannot be found in other money institutions like banks. Tracking of financial assets is not possible in most cases unlike other forms of currency that can land gamblers into trouble with the authorities or taxman. Numbers don't lie, and it's clear that fantasy sports are loved immensely.

While the actual sport is followed by many fans across the country especially the national soccer and basketball leagues, fantasy games still remain popular as they provide an avenue to please the mind, especially during breaks. For most fans, the fun is usually on the numbers which in this case refer to goals and scores made. This is not bad since it allows you the comfort of winning some extra cash while enjoying the game in equal measure. Compulsive betting can however have disastrous effects when engaged in heavily with minimal control. Dream sports was invented by Bill and Wilfred who hoped to create an enjoyable sport that would be governed by laid down rules.

How to launch your personal Bitcoin Fantasy Team

Poker grew exponentially from the 1960s to become a popular thing until now. Rise of cryptocurrencies has made the dream sports even better since it offers anonymity, and it's easier to take a loss kindly than actual cash. Take for instance if you lose $100, it sounds kinder to have lost satoshis worth $100 than actual cash in hand. It also saves you stress due to stringent government rules on betting and online gambling sites. Worth noting is that the ground rules invented initially by Bill and Wilfred have not changed ever since despite the addition of Bitcoin as a major currency exchanger.

Platforms like football coin and Goldcoin have taken the idea a notch higher by blending this concept with blockchain technology that allows for more competition in the market. With a clear pathway about the growth of fantasy sports using Bitcoin, it's now crucial to explore the game deeply. For starters, unlike the real match where there are real players who get into the pitch to battle out for trophy points, fantasy gaming allows you the privilege of selecting your team. You are therefore the virtual manager of the team that you select with an additional choice of naming it according to your desire.

Platforms like football coin and Goldcoin

How then does selection of players work in this system? Selectable players are those who are actively participating in national football league in professional sports teams across all states. You get to select roosters from the available draft of players that are relevant in that season. Remember that you need to choose equally from different teams for you to have a strong team throughout each season. The leeway to select new players is available at the beginning of each season though there are different types of fantasy gaming options.

Traditional system of selection is regarded as the most popular where contestants that are chosen will gather points throughout the entire season. Points are accrued depending on a player's performance in each successive game. As you are the team manager, there is the option to substitute those whom you may feel are not performing to the best of your expectations. You can create virtual leagues with family and friends to battle out who is best at virtual team management. Another draft that allows for selection of gamers is dynasty league draft which is similar to the traditional system except for a few variations.

Traditional system of selection is regarded

The dynasty league continues indefinitely for years even though there is provision for revision due to new entrants into various teams. There is a limit to the number of gamers that you can keep each season, perhaps why it's commonly referred to as keepers. Daily leagues allow for a short-term selection of entrants into your team, and you can manage for shorter periods like a day or weekly basis.

Above are the three mechanisms that can help in selecting entrants into your dream team. Remember that success in this field is not based on guesswork but actual skills that you need to have hands-on to succeed.
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