Biggest Televised Poker Wins Of All Time • This Week in Gambling

In the past couple of decades, poker has seen a huge rise in popularity and due to this many large TV broadcasters have invested heavily in the sport to allow us pokers fans to indulge in hours of the biggest poker tournaments on our screens. Because of this, us consumers have been able to watch some of the biggest pokers wins in history which have been live televised, but if you missed them, we’ve compiled a list of the biggest in history.

First of all, and possibly the most spoken about is that of Antonio Esfandiari when he won the World Series of Poker One Drop back in 2012 and went home with over $18 million – astonishing numbers! 48 pro players play the One Drop with a prize pool of almost $45 million is certainly one of the bigger tournaments on the series. Because of this huge win, Esfandiari went down as one of greats in terms of biggest wins ever on live TV poker.

Another big win than many of us experienced first-hand on our TV’s was when novice Jamie Gold rushed onto the scene and took home the 2006 WSOP Main Event. He went home with roughly $12 million, which is crazy to think he doesn’t play poker full-time and is actually a talent agent and TV producer. Gold became famous after this win having played in a serious unorthodox way including exposing some of the hands, he had to pressure fellow players into folding and just talking directly to his opponents; one that worked very well for him.

This trend has also seen many looking to win big themselves. Sites like theedgepoker.com are offering some of the best poker tables for any abilities and buy ins on the web. Not only that, they also have a variety of other games, and promotional deals and sign up offers for all new customers – something certainly worth checking out. This is a field that has grown in popularity and even more so as a form of online entertainment, through 2020 and the Coronavirus pandemic and enforced lockdowns.

In more recent times, what about when Elton Tsang won the High Roller in Monaco back in 2016? The WSOP held their High Roller competition in Europe this year for the first time with 28 players and a prize pool of $28 million on offer. Tsang ended up walking away with $12.2 million and the Hong Kong resident already added to his huge worth that he gains from the several businesses that he runs. This win put Tsang on the poker map and ensured that he has stayed in the WSOP ever since, winning some other high-profile tournaments.

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Ethereum Gains Bullish Momentum, Why ETH Could Retest $620

Ethereum gained bullish momentum and broke the $550 resistance against the US Dollar. ETH price is up over 8% and it seems like the bulls are aiming $600 or $620.

• Ethereum started a fresh increase after it broke the $530 resistance level.
• The price surpassed a major hurdle at $550 and the 100 hourly simple moving average.
• There was a break above a key bearish trend line with resistance near $540 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair is trading in a positive zone and it could higher towards $600 or $620.

Ethereum Price is Up 8%

In the weekly analysis, we discussed the importance of the $550 resistance for Ethereum. ETH price started following a steady bullish path, and surpassed many hurdles near the $540 and $550 levels.

Bitcoin price also gained traction above $18,200, helping ether to clear the $550 resistance. There was also a break above a key bearish trend line with resistance near $540 on the hourly chart of ETH/USD. There was also a break above the 50% Fib retracement level of the key decline from the $623 swing high to $478 low.

Source: ETHUSD on TradingView.com

The pair settled nicely above the $565 level and the 100 hourly simple moving average. Ether tested the $590 resistance level. It seems like the bears are protecting the 76.4% Fib retracement level of the key decline from the $623 swing high to $478 low.

A clear break above the $590 level could open the doors for more gains above $600. In the stated case, the price is likely to revisit the $620 resistance or the $623 swing high in the near term. Any further gains may possibly push the price towards the $650 level.

Dips Supported in ETH?

If ethereum fails to clear the $590 resistance level, there could be a minor downside correction. An initial support is near the $580 level (a multi-touch zone).

A downside break below the $580 level might call for an extended decline. The next major support is near the $560 and $550 levels, followed by the key 100 hourly simple moving average. Any further losses could lead ether towards the $530 support level.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is slowly losing momentum in the bullish zone.

Hourly RSI – The RSI for ETH/USD is currently well above the 50 level.

Major Support Level – $550

Major Resistance Level – $590

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How Players Choose Online Casinos • This Week in Gambling

Online gambling is one of the most competitive markets in the world. Even though the number of players runs into the millions worldwide, there is still a tremendous amount of money invested by the online sites to win a slice of the action.

There are thousands of online gambling sites, from casinos and sportsbooks to poker and bingo platforms, and it’s quite common for a gambler to be a member of many of them at once.

But how does the player come to make his choice of an online casino? It can’t be down to blind luck. The answer is a combination of good, old-fashioned marketing, individual player research, loyalty, and personal recommendation.

First up is the plethora of online communities related to gambling. Here, players might read reviews of betting and casino sites to see which might suit their preference. For example, some gamblers prefer online casinos with more of an emphasis on online slots. Review sites help because the good ones will only deal with licensed casinos, protecting players by ensuring they are fair and securely treat personal and financial data.

One of the most significant factors for a player looking to join a new casino is search engines. It’s why gambling companies usually invest heavily in casino SEO – a way to make sure their sites appear higher in the Google search rankings than their competitors. So, when the gambler types in something like “best online casinos” into Google, he is more likely to click on and join one of the results close to the top of the first page.

Another factor that will sway gamblers is brand loyalty and recognition. The old gambler in markets like the UK, for instance, will have used High Street bookies to place sports bets for years. All of these, such as William Hill, Ladbrokes, and Coral, now have online sportsbook operations together with online casino sites. The brick and mortar customer might sign up online simply because they trust the brand from a live experience.

A personal recommendation from friends is a significant positive when it comes to selecting new online gambling destinations. Friends will chat about their gaming experiences, and it’s common for one’s curiosity about a pal’s preferred platform to get too much.

There can be no doubt that the biggest influencing factor of all for gambling destinations is marketing. Online gambling companies will employ all the channels available to them to introduce their products to new customers, often with tempting sign-up promotional offers. Every trick in the digital and traditional marketing book will be employed.

We’ve already seen how players will be exposed to SEM (search engine marketing) without realizing it. There will also be pay per click ads online, banner advertising, television advertising, big sporting sponsorships (notice how so many gambling companies sponsor sport teams?), and influencer marketing.

A significant area that massively boosts the number of clicks an online site will receive comes from affiliate marketing. All those review sites and news portals we mentioned earlier will likely have affiliate deals with multiple online casinos, sportsbooks, bingo, and poker sites.

The affiliate sites then do the job of promoting gambling companies. When one of their readers clicks through to a gambling site and joins up, playing for real money, the affiliate site makes money in the form of shared revenue or a one-off acquisition fee. To be successful, affiliates have to provide interesting and useful content for players, so it’s a win-win situation for all.

You can see this all in action for yourself by heading over to a search engine like Google and typing in an online gambling-related keyword to see what comes up. Let’s say we try ‘fun online slot games’, which, after all, is something a potential customer might well do. Up comes the list of affiliate sites as long as your arm. So, that’s why so many online gamblers end up playing on a particular casino site – because they were recommended by an affiliate portal.

Of course, the gambling sites’ main objective now is to keep the player happy and on-site with some sort of loyalty program and laying on the best games. Gamblers want a top selection of slots, table games, and live dealer action, where blackjack, roulette, James Bond favorite baccarat, and more are played with a real dealer.

Otherwise, the player will be off again, looking for the next best online gambling site to join. And the whole process starts again.

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Bitcoin Bulls Keeps Pushing, Why $18.8K is a Key Breakout Zone

Bitcoin price is up over 4% and it broke the $18,500 level against the US Dollar. BTC is currently following a nice bullish path, but the $18,800 level is a strong resistance.

• Bitcoin is slowly rising and it broke the key $18,500 resistance.
• The price traded as high as $18,559 and it is now above the 100 hourly simple moving average.
• There is a major rising channel forming with support near $18,280 on the hourly chart of the BTC/USD pair (data feed from Kraken).
• The bulls are likely to face a strong resistance near the $18,800 zone.

Bitcoin Price is Approaching a Major Hurdle

In the weekly analysis, we saw a fresh increase in bitcoin price above the $18,000 level. BTC extended its rise above the $18,200 and $18,400 resistance levels.

There was also a break above the $18,500 resistance. The price traded as high as $18,559 and it is now above the 100 hourly simple moving average. It is currently consolidating gains and trading near the $18,450 level.

An initial support on the downside is near the $18,400 level. It is close to the 23.6% Fib retracement level of the recent rise from the $17,946 swing low to $18,559 high. Moreover, there is a major rising channel forming with support near $18,280 on the hourly chart of the BTC/USD pair.

Source: BTCUSD on TradingView.com

The channel support is close to the 50% Fib retracement level of the recent rise from the $17,946 swing low to $18,559 high. On the upside, the channel resistance at $18,650 is a short-term resistance.

The first major resistance for the bulls is near the $18,800 level. A successful break above the $18,800 level could spark a strong upward move, and bitcoin could rise above $19,000 and even $19,200.

Another Drop in BTC?

If bitcoin fails to clear the breakout resistance at $18,800, there is a risk of a fresh decline. An initial support on the downside is near the $18,250 level or the channel lower trend line.

A clear break below the channel support might start an extended decline towards $18,000. The next major support below the $18,000 level is near the $17,400 level and the 100 hourly simple moving average.

Technical indicators:

Hourly MACD – The MACD is now gaining momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently well above the 60 level, with bullish signs.

Major Support Levels – $18,250, followed by $18,000.

Major Resistance Levels – $18,650, $18,800 and $19,000.

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The Rise of Bitcoin Casinos • This Week in Gambling

One of the perks of playing at an online casino is that it’s simple. Everything about it is easy – from loading it up to hitting the spin button on a slot to withdrawing your funds. With the rise of cryptocurrency and Bitcoin, in particular, online gaming is now getting even simpler as another payment method enters the fray.

The evolution of casino gaming

If we had a Darwinian evolution chart to represent the evolution of casino gaming graphically, it would probably look the reverse of man. It would start with people walking into casinos and would now be people sitting down hunched over their screens.

But that is the way gaming has changed over many years. Casinos and gambling have been around for ages, but people had to physically enter a bricks and mortar casino if they wanted to gamble. There was the ambient background, the jostle of the crowd, and the variety of games to enjoy. But as the world moved online, it didn’t take long for it to be replicated in internet form.

The online casino boom, complete with the latest video slots, took the world by storm and continues to do so. And we can see why.

Playing at an online casino is a great way to replicate its land-based counterpart without leaving the house. Initially, many online casinos had lobbies that could only be accessed via a desktop. Fast forward to today, and you can play on your computer and even your phone or tablet, with the lobby fully optimized to play in your browser. There are hundreds of games to play, from regular slots to table classics such as blackjack and poker, to instant wins, bingo, and more. But like any online casino (and any casino come to think of it), the vital ingredient is your money.

There are lots of different ways to make deposits and withdrawals at an online casino. Debit cards are an easy method, but there are also a lot of other options such as PayPal, Neteller, Skrill, and various other web wallets. The benefit is that you can add your money to your web wallet account and then use that to play at the casino. It’s quick, it’s effortless, and there are a lot of options to choose from.

And now there’s Bitcoin.

Bitcoin’s here to stay

When Bitcoin first hit the scene, many people were skeptical. They didn’t think cryptocurrency would become a success and that it was only used for hackers or users of the dark web. Oh, how wrong they were! Those same people are now envious of others they know who invested in Bitcoin back in the day. But moving on from Bitcoin envy, we’ve seen a significant rise in cryptocurrency, with Bitcoin the most popular name.

Just like other online wallets, Bitcoin can be used to play at online casinos, and more and more casinos are using it as an acceptable payment method. When you’re using a cryptocurrency such as Bitcoin, you can benefit from added levels of security. For instance, you don’t have to pass on any personal information such as your address or bank details, so you can instead focus on enjoying your favorite games with no worry about your details. The process isn’t too different from the other methods available, which makes sense as the Bitcoin online casino market doesn’t want to ostracize its players. All you have to do is make sure you’re playing at an online casino that accepts Bitcoin and then choose that as your preferred payment option. After you’ve done that, it’s just like using any of the other methods – you get a Bitcoin address from the online casino and put it into the payment page of your Bitcoin web wallet. Then you can get stuck in.

The Benefits of Bitcoin

What makes Bitcoin stand out compared to the other payment methods? There must be a reason to choose it rather than the trusted, reliable other options. Well, yes, there is. First of all, cryptocurrency is increasing in its usage. It’s been proven that if you get in on the action sooner rather than later, you’re going to be better off in a financial sense and with the experience and knowledge of those payments.

Also, Bitcoin transactions are done in practically real-time, so your funds will be in your casino account in an instant – no waiting around. It’s also usual practice for your deposit to be converted into dollars at the current exchange rate, so you don’t miss out on converting your currency to whatever the online casino deals in – yet another example of how you could be better off with Bitcoin.

Cryptocurrency is claiming its place in the online marketplace, from gaming to retail, and with more online casinos set to use it, what will you do?

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What Analysts are Saying About Bitcoin as It Reaches Overhead Resistance

Bitcoin is fast approaching a long-watched overhead resistance level formed in the time following its recent rejection at its $19,500 all-time highs.

The selling pressure here proved to be quite significant and caused the cryptocurrency to see a strong decline that led it to lows of $16,400.

This movement was perpetuated by various factors, including fear surrounding a potential wave of regulations due to comments from U.S. Treasury Secretary Steven Mnuchin.

Where the market trends in the mid-term hinges almost entirely on Bitcoin, as the recent $19,000 rejection halted the recent signs of life seen amongst altcoins and caused the aggregated market to decline significantly.

There’s a strong possibility that the ongoing rebound will extend further, as bulls seem keen on posting a “V-shaped” recovery as they erase the recent losses.

As for what traders expect to happen next, one stated that he is taking some money off the table as the crypto navigates up towards its overhead resistance level in the lower-to-mid $18,000 region.

He notes that a break above $18,400 could be enough to invalidate any signs of weakness plaguing its price.

Bitcoin Breaks $18,000 as Rebound Continues 

At the time of writing, Bitcoin is trading up just under 2% at its current price of $18,090. This marks a notable climb from its recent lows of $16,400 set at the bottom of the recent market-wide meltdown.

This plunge came about close on the heels of the cryptocurrency’s visit to the mid-$19,000 region. Significant selling pressure existed within this region.

If it can gain a strong foothold within the mid-$18,000 region, it may see significantly further upside in the near-term.

BTC May Struggle to Break Its Overhead Resistance, Claims Trader

One trader stated that Bitcoin might not break through the resistance that is laced throughout the lower-$18,000 region.

He adds that a firm break above $18,400 could allow for the cryptocurrency to continue its ongoing rebound.

“Closed half of long at $18,080~ Not looking to be too overexposed into resistance coming into the weekly m/monthly closes. Lots of buying opportunities if we do break $18.4~ Not a lot of selling opportunities if we don’t.”

As Bitcoin’s weekly candle close fast approaches, how it trades in the coming few hours should provide serious insights into its outlook for the rest of 2020.

A close above $18,000 will significantly bolster its outlook and open the gates for bulls to take control of its price action throughout the week ahead.

Featured image from Unsplash.
Charts from TradingView.

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Stu Ungar’s Daughter Stefanie Answers Questions About the Late Poker Legend