Tag: crypto currency fantasy sprots

  • Revolutionizing the Fantasy Sports Experience: Victorious Club’s Cutting-Edge Software

    Revolutionizing the Fantasy Sports Experience: Victorious Club’s Cutting-Edge Software

    Introduction: Fantasy sports enthusiasts, meet your new best friend: Victorious Club’s advanced fantasy sports software. This state-of-the-art platform is redefining the fantasy sports industry, and in this article, we’ll explore its innovative features. From user-friendly interfaces to sophisticated data analysis, Victorious Club is setting new standards. Discover how at Victorious Club.

    1. User-Friendly Interface: Emphasizing ‘simplicity’ and ‘efficiency,’ Victorious Club’s software offers an intuitive experience. We discuss how this user-friendly interface enhances engagement and retention, crucial in the competitive fantasy sports market.
    2. Advanced Analytics and Data Visualization: Data is king in fantasy sports. Victorious Club’s software boasts advanced analytics and visualization tools, crucial for strategic decision-making. This section highlights how users leverage this data for winning strategies.
    3. Customization and Flexibility: Dive into the unparalleled customization options at Victorious Club. We explore how users can create their ideal fantasy sports experience, a unique selling point in the fantasy sports software market.
    4. Mobile Integration and Accessibility: Recognizing the shift towards mobile platforms, Victorious Club ensures top-notch mobile accessibility. Discover the benefits of on-the-go team management at Victorious Club Mobile.
    5. Engaging Community Features: Community engagement is vital. At Victorious Club Community, users enjoy interactive forums, live chats, and social media integration, fostering a passionate fantasy sports community.
    6. Security and Reliability: Ensuring user trust, Victorious Club prioritizes robust security and reliable infrastructure. Learn more about our commitment to a secure fantasy sports experience at Victorious Club Security.
    7. The Future of Fantasy Sports Software: Looking ahead, Victorious Club is at the forefront of innovation. Anticipate AI enhancements and VR experiences in the fantasy sports realm. Keep up with these trends at Victorious Club Future.

    Conclusion: Victorious Club’s advanced fantasy sports software isn’t just a game-changer; it’s a portal to the future of sports entertainment. With a commitment to user experience, innovative technology, and a robust community, it’s leading the way in the fantasy sports industry. Join the revolution at Victorious Club.

    Call to Action: Elevate your fantasy sports game with Victorious Club’s innovative software. Visit Victorious Club today and experience the future of fantasy sports!

  • Is Blockchain technology the solution for fantasy sports operators?

    Is Blockchain technology the solution for fantasy sports operators?

    Fantasy Sports operators should  use  bitcoin and other cryptocurrencies to address various problems within the  industry

    Daily Fantasy Sports is always changing in an ever changing world. So much so that various states in the US are torn between regulations that define fantasy sports contests as legal or not. In addition, the same states are lobbying for different player protection rules and guidelines for fantasy sport contest operators.

    What is Fantasy Sports?

    Participants of Fantasy Sports contests will draft a player lineup, selecting real life players from real life games. The real performance of players within a game will determine how successful the lineup is compared to other participants in the contest. The participant who’s lineup out performed the all the others is declared the winner and is awarded the prize.

    The Fantasy Sports addiction has over 60 million player in North America and is worth over $7 billion dollars annually.

    DraftKings and Fanduel are the two largest Fantasy Sports operators currently. Combined,  their market is expected to reach about $3 billion by 2020.

    Regulations on Fantasy Sport Operators

    In the US, the states which have legalized Fantasy Sports play have special rules and guidelines for fantasy sport operators. Such rules and guidelines include age verification, separate bank accounts for holding winnings and another dealing with operation costs, limiting users to only one account, implementing a monthly deposit limit, restrictions on employee participation, fair game play and many many more.

    Introducing the Crypto Currency for Fantasy Sports

    P2P Crypto Currency for Daily Fantasy Sports

    The Problem At Hand

     

    Daily Fantasy Sports operators earn on average of a 10% commission for each contest. Currently, credit card processing is as high as %5 in some cases, causing the profits to be reduced by 50% right off the bat.

    Player deposits can be frozen or worse stolen. Combined with the risk of fraudulent deposits and charge-backs a more secure and cost effective solution is needed.

     

    The Solution

     

    To solve these and other problems there is cyrpto currency. Crypto currency is more secure for both the end user and fantasy sport operators. Transaction costs are drastically lowered. With blockchain technology and an open ledger players can be confident their deposited funds are safe and used only to payout prized contests.

     

    What is bitcoin?

     

    Bitcoin is a digital currency. Fantasy Sports operators could benefit from using a crypto currency within their platform to enhance security for fantasy sport participants to run their contest.

     

    Bitcoin is based on blockchain technology, which is essentially a decentralized banking system, where everyone on the network has a copy of the transaction ledger. This creates a safer environment for fantasy sport players as they don’t need to wait for deposits or withdrawals to occur. With blockchain technology , transactions are instant and the transaction fees are very minimal compared to standard payment gateways.

     

    A recent study performed by the Cambridge Center for Alternative Finance has recorded the number of active crypto currency wallets across the world at 11.5 million

     

    What is blockchain technology?

     

    A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a time-stamp and transaction data. By design, blockchains are inherently resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”.

     

    For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.

     

    Blockchains are secure by design and are an example of a distributed computing system with high Byzantine fault tolerance. Decentralized consensus has therefore been achieved with a blockchain. This makes blockchains potentially suitable for the recording of events, medical records, and other records management activities, such as identity management, transaction processing, documenting provenance, food traceability or voting.

     

    The first blockchain was conceptualized in 2008 by an anonymous person or group known as Satoshi Nakamoto and implemented in 2009 as a core component of bitcoin where it serves as the public ledger for all transactions. The invention of the blockchain for bitcoin made it the first digital currency to solve the double spending problem without the need of a trusted authority or central server. The bitcoin design has been the inspiration for other applications.

     

    Takeaways from Blockchain Technology

     

    1) Decentralization, this means no one is in complete control over the entire system or network. All nodes on the network are all responsible for keeping track of the transactions

     

    2) Trust. Since the ledger is available to everyone on the network, the trust factor is very high for users of the crypto currency. This is what gives currency part of its value, the confidence of its handlers.

     

    3) Security. Every single transaction in a blockchain is verified by all members of the network. So modify a transaction, a hacker would need over 51% control of all the nodes on the network and modify ever single block of the blockchain.

     

    Is anyone doing this now?

     

    There are a few fantasy sport operators supporting bitcoin currently. There are also some fantasy sport operators who have created their own crypto currency. However, one fantasy sport operator in particular has given way to accept any crypto currency which levels the playing field for players holding different cyrpto currencies. Victorious.Club is currently the only Fantasy sport operator which supports multiple crypto currencies

     

    How does it work?

     

    Fantasy Sports players can transfer their crypto coins or crypto currency from any of the supported currencies and their system will convert them into something they call play coins. play coins are just the currency used on the  Play Victorious Club website.

     

    Play coins are not a crypto currency. It’s like going to a casino and exchanging your cash for chips to play with.

     

    Fantasy Sports players play with the chips or Play coins in this case, then when players want to cash out, they exchange the chips or Play coins back into any of the crypto currencies supported by the platform.

     

    The advantages are that Fantasy Sports players can play using any of the supported currencies into Play Coins which levels the playing field between currencies.

    Transactions are secure and there is no chance of fraud.

    Transaction fees are very low.

    Play Victorious Club has more sports than any other fantasy sport site
    Play Victorious Club has more game types than any oter fantasy sports site.
    Play Victorious Club supports daily, weekly, monthly and season long contests
    Play Victorious Club is the first fantasy sports site to support multiple crypto currencies.

     

    You can register at Play.Victorious.Club using this link and start playing Fantasy Sports for Crypto Currency here.

     

     

     

  • Victorious Club announces next round of updates for its white label Fantasy Sports Platform

    Victorious Club announces next round of updates for its white label Fantasy Sports Platform

    Welcome to another information packed announcement regarding the Victorious Club Fantasy Sports Platform. Lots of enhancements have been developed since the last newsletter as Victorious Club continues to progress in rapid fashion.

    “Victorious Club – Fantasy Sports Platform”  the global leader in white label fantasy sports gaming has some new exciting features coming up for the new year. As usual it is always recommended to perform a full back up of your site before you upgrade. It is also highly recommended to save any custom changes to any files within the framework so they are not overwritten with an upgrade.

    Please note, some features and enhancements are only available on the Premium package and may not be reflected on your site without the proper access level.

    Please contact support@Victorious.Club or our website on information regarding upgrading your account.

    New Payment Gateway

    Victorious Club is very pleased to announce its first crypto-currency integration – BitCoin.  BitCoin is more secure for both the end user and for partners websites. Transaction costs are drastically lowered.

    PHP 7 Support

    With PHP 7 now in a more stable state and packed full of speed enhancements, the Victorious Club Ultimate Fantasy Sports Plug-in now supports PHP 7 making it the fastest Fantasy Sports Plug-in around.

    Season long contests support for eSports, NFL, MLB, NBA, Soccer

    Previously year long contests were supported by the assistance of a member of the Victorious Club team. However, those days are no more. The platform now supports an added date range widget where site administrators can define their own year long events starting and ending on any date they wish.

    Auto Create Contests

    Say good bye to those days when manual creation of contests were needed. Now with the click of a few options, you can have the platform automatically create daily contests. Set options like sport, size, entry fee and game type to make it even easier to operate your site and never worry about having contests in your lobby for your users again.

    Updated NBA scoring

    “Victorious Club – Fantasy Sports Platform” has enhanced its scoring categories for the current 2017 NBA season. Point allocation are more stream lined within the Fantasy Sports community.

    Updated Major Soccer feeds

    For all major soccer leagues around the world, Victorious Club updated all player images, have added new scoring stats and have added new leagues to its already big list of leagues supported.

    Guaranteed prize feature

    Victorious Club has added a new feature where guaranteed prizes can be configured on a per contest level. In addition, this feature can also be applied to FREE contests now.

    Multi Entry limit

    End Users and website administrators can now specify the number of entries allowed when creating multi entry contest.

    New logic for NFL players salary

    Victorious Club has developed its own algorithm to determine what an NFL players’ salary should be. We provide a more accurate view of a players worth. Website owners have the option to turn this feature on or off. Salaries are updated weekly.

    Thank you for taking the time to read this announcement.

    If you have any questions or concerns please contact our support agents at support@Victorious.Club

    Also, Victorious Club is always looking to bring in talent to the teams. Please check out the Careers section on the main website::

    Thank you for your continued Support.

    The Victorious Club Team.

    Get Victorious Club Premium and get extra functionality and more game types. Victorious Club is offering a special deal on Victorious Club Premium.

    Premium Includes:

    Allow custom spreads

    Send confirmation email of picks

    Allow export of picks

    Show a statistics page

    Adds an option to show full contests at lobby

    Allow trades during contests that have started

    NFL Defensive players add to draft pick

    and much much more.

     

     

    Thank for your continued support.

    NEED A CUSTOM SOLUTION?

    Victorious Club We do that!

    Convert your WordPress blog into a powerful Fantasy Engine. Create different style of contests and compete for play or real cash.  Keeps your fans coming back to play and take in a rich sports media solution.  Engage with them on social media and entertain the world.

  • Victorious Club – Daily Fantasy Sports

    Victorious Club – Daily Fantasy Sports

    Source:

    https://en.wikipedia.org/wiki/Daily_fantasy_sports

     

     

    Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition, and earn points based on the actual statistical performance of the players in real-world competitions. Daily fantasy sports are an accelerated variant of traditional fantasy sports that are conducted over short-term periods, such as a week or single day of competition, as opposed to those that are played across an entire season. Daily fantasy sports are structured in the form of competitions (typically referred to as a “contest”); users pay an entry fee in order to participate, and build a team of players in a certain sport while complying with a salary cap. Depending on their overall performance, players may win a share of a pre-determined pot. Entry fees help fund prizes, while a portion of the entry fee goes to the provider as rake-off revenue.

    In the United States, the daily fantasy sports industry is dominated by two competing services; the New York-based FanDuel, and the Boston-based DraftKings. Both companies were established as venture capital-backed startup companies, received funding from investment firms, sports broadcasters, leagues, and team owners, and became known for the aggressive marketing of their services. As of September 2015, both companies have an estimated value of at least $1 billion in the United States, and control 95% of the DFS market there. The two primarily compete against smaller DFS services, such as Fantasy Aces and Yahoo! Sports. The popularity of the daily fantasy format has been credited to its convenience in comparison to season-length games, as well as the focus on major cash prizes in the promotion of these services. Daily fantasy has also been credited with helping to improve television viewership and engagement with sports.

    Today, a new tool for creating Fantasy Sports Websites is available.  Fan Victor is remarkable WordPress plug-in that convert WordPress into a site like FanDuel and DraftKings with much more functionality, sports and game types.  Site administrators from all over the world are using it for every time of niche imaginable.

    Daily fantasy sports have faced notable legal challenges in the United States, such as most prominently, discussion over whether they constitute gambling. It has been argued that due to their format, players are essentially making proposition wagers on the varying performance of individual athletes in specific games, and not managing the performance of their selections on a week-to-week basis. Proponents have defended DFS as being a game of skill, as the required familiarity with the players and teams, as well as salary cap management, reward more skilled players.

    The United States’ Unlawful Internet Gambling Enforcement Act (UIEGA) contains language dictating that fantasy sports are not considered an unlawful wager under the act; however, the act only prohibits the electronic transfer of funds from unlawful gambling as defined under state laws—which typically define gambling by either the predominance of chance over skill in a game, or how much control the player has over the outcome. The U.S. states of Illinois, Nevada, New York, Texas, and Hawaii have issued rulings or opinions classifying DFS contests as gambling, with Attorney Generals in all of these states but Nevada (which declared that they are only legal if operated as a licensed sports pool) considering them to be illegal. The Illinois and New York rulings—the latter having resulted from an investigation of DFS services after it was alleged that employees working for DraftKings and FanDuel had used inside information to win cash prizes from each other, spawned retaliatory lawsuits from DraftKings and FanDuel, alleging that the rulings were the result of a misinterpretation of the nature of their services.

    Gameplay

    There are several main disciplines of daily fantasy sports competitions, divided into two categories: cash games, and guaranteed prize pool (GPP). DFS contests typically utilize a salary cap format, in which players are allotted a maximum budget to spend on athletes for their team, represented as either play money or points. Each athlete has their own cost, with elite athletes having the highest costs.

    In “Double-up” or “50/50” cash game competitions, the object is to finish with a point total within the top 50% of all participants; players who finish in the top half of the field all share an equal prize that is equal to double the entry fee, while the remainder lose their entry fee. Head-to-head competitions are similar, except that players choose an opponent they must beat to win the prize. Guaranteed prize pool contests have higher stakes, using tiered payouts based on finishing in different percentiles or positions of the field of contestants.[10] Further variations of double-up games, including Triple-up, Quadruple-up, and Quintuple-up, may also be offered.[11]

    Daily fantasy games exist in a variety of major sports, depending on service, including but not limited to American football (including college football and the NFL), association football (soccer), auto racing, baseball, basketball, cricket, golf, hockey, rugby league and rugby union. Daily fantasy contests have also been held in professional e-sports competitions, such as League of Legends

    Skill of players

    Inexperienced players may be at a disadvantage due to the skill of their opponents;[14] Bloomberg Businessweek acknowledged that the majority of prize money in daily fantasy games were often won by a minority of professional players, or “sharks“, who employ “elaborate statistical modeling and automated tools that can manage hundreds of entries at once and identify the weakest opponents”. Professional players may also engage in the practice of “bumhunting”—in which they utilize their heavy saturation of entries to target inexperienced players.

    A study by McKinsey & Company over the first half of the 2015 MLB season estimated that 91% of winnings were won by only 1.3% of players. FanDuel CEO Nigel Eccles disputed the study due to the larger draw that daily fantasy football provides.

    Outlining his opinion on the matter, Kang explained that:

    D.F.S., the game itself, is not inherently crooked. Most of the benefits praised by its enthusiasts — the ease of play, the camaraderie among fans, the challenge of solving what amounts to a math puzzle — are real. It does take skill to parse game film, diligently follow the news and interpret the thousands of bits of sports information that are generated each night. If a problem gambler at the poker rooms I frequent in New York City were to hire a programmer and flood the D.F.S. market with his lineups, he would almost certainly hemorrhage money.

    In January 2016, DraftKings announced that it would implement changes to counter some of these issues, including banning the use of off-site scripting by players, introducing a classification system to identify professional players, and adding entry limits to its non-guaranteed contests. The site had also added “beginner” contests and the ability for users to block players they do not wish to compete against.

    Victorious Club – Fantasy Sports Plugin is the only WordPress plugin that allows you to operate your own fantasy sports website easily!