The Lucky Block Casino and Sportsbook is Here: Why Should You Care?

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Lucky Block is the latest entrant in the online gambling industry. Backed by its native token LBLOCK, the platform is entering the space just at the right time when the football frenzy is at its height.

The online betting industry was valued at $58 billion in 2021 and is only expected to grow from here as the metaverse explores various ways for sports fans to interact with their favorite sports.

With Lucky Block already gaining a lot of traction in its initial months after its launch, the Casino and Sportsbook can be a game-changer for the platform which has already secured sponsorships from boxers like Dillian Whyte, Florian Marku, and Savannah Marshall.

The Lucky Block Casino & Sportsbook

The crypto-powered LBLOCK casino and sportsbook launches today. This comes amidst an exciting time as the crypto world is ripe with the right experiences and gaming is one of the most important aspects spearheading this new-age cryptocurrency user experience.

Moreover, as the FIFA World Cup is taking things further, LBLOCK’s entry might just be the perfect gift.

There are two distinct offerings in the recent launch- the LBLOCK Casino and the LBLOCK Sportsbook.

The Lucky Block Sportsbook features more than 35 sports and 15 eSports that players can choose from and participate in. On the other hand, Casino players can also pick from 100 game providers, enabling them to play online slots, live casino games, and poker under a single umbrella.

The Lucky Block Casino and Sportsbook are quite barrier-free and accept all types of cryptocurrencies as a mode of payment including Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether. Apart from cryptocurrencies, other methods of payment to be included are Apple Pay, Google Pay, and LBLOCK.

As a kind of welcome offer, the Lucky Block team is also offering a 15% cashback to new users for the first seven days after opening an account. Furthermore, the users who deposit and place a bet will also be eligible for an exclusive Airdrop in December this year, worth $10,0000.

All of this gets even better when users get to know that there are tons of sporting events available on the platform including soccer, basketball, tennis, ice hockey, volleyball, handball, table tennis, American football, baseball, boxing, Australian football, rugby, Formula 1 and even cricket. This makes the new platform an open for all and super versatile platform for many.

The platform already consists of over 100 distinct game providers, with the number only expected to grow from hereon.

An Easy To Use & Fair Platform

The Lucky Block Casino and Sportsbook platforms are created keeping in mind the user experience concerns.

One of the things that stand out is that the Lucky Block platform does not charge any fees on deposits or withdrawals. However, there are chances of network transaction fees in place when transferring funds to the Lucky Block wallet.

On the withdrawals front, the story remains the same. It’s pretty easy to use and the withdrawal amounts are credited as soon as the transactions are confirmed on the blockchain. Moreover, it is relatively easy for the users to join the platform and it takes less than 30 seconds.

The amount entered on the platform, when placing a bet is displayed in fiat. This makes it even more convenient for the users, so that they know the value of their stakes and payoff, regardless of the crypto that may have been used to fund the bet.

Is LBLOCK Ready To Explode?

The launch of Lucky Block Casino and Sportsbook has set a precedent of what to expect ahead from the team. The recent launch can have a major impact on the price of LBLOCK.

The entry of Lucky Block into the betting space comes as one of the biggest players in the space Stake.com has been able to reap the benefits from here. Stake.com is estimated to be valued at around $1 billion.

As the online gambling industry is expected to expand to triple in size to $145.6 billion by 2030, there might be a lot of competitors joining the space to take a piece of their pie. Apart from the exciting proposal of crypto gambling, it’s the operational transparency and features like 24×7 customer support that are going to make a difference, via email or live chat.

LBLOCK Price Prediction

As per the latest predictions, the LBLOCK price has taken off from the base price and is moving towards higher price levels. Furthermore, the trading indicators show a positive outlook in the market.

At the time of writing, LBLOCK is trading at $0.000162, with a market capitalization of $6.5 million.

A significant buying activity was noticed for LBLOCK in the last 24 hours, which has led to a considerable price increase. This has led to the current resistance toward the moving average line. Moreover, the Stochastic Relative Strength Index lines indicate an upward crossover in the oversold level. This indicates that the bulls are gaining upward momentum.

As a result of all the indicators, and the recent Lucky Block Casino and Sportsbook launch, things look quite optimistic for LBLOCK in the near days.

Conclusion: What’s Next for LBLOCK and Crypto?

To understand how influential this move by Lucky Block is, let’s look at a few numbers.

The LBLOCK has been booming since the launch of the Lucky Block Casino and Sportsbook. At the time of writing, the trading volume is already up by 196% and was 400% up, a few hours ago.

The future of online gambling seems quite exciting. Blockchain being at the helm of online gambling in the future is something that shows a great amount of potential. While the advantages of blockchain, such as faster transactions, anonymity, and security are something that users can adopt, there are several disadvantages that should be addressed soon, with respect to blockchain and online gambling.

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