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Poker Star Mike McDonald Goes All in at Bybit-Powered WSOT

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Poker players who cross over to cryptocurrency trading are seeing astounding success out of the gate — for example, a trading team comprised of poker players and captained by poker star Mike McDonald placed in the top three in the recently concluded World Series of Trading (WSOT). A total overlay prize pool of $1.27 million in cryptocurrency was paid out to the winners of the inaugural edition of the global crypto trading competition powered by Bybit, in which 135 teams and 12,368 participants joined from around the world.

Poker star McDonald  commented, “A lot of poker players are good at making financial decisions while limiting the role that emotion plays — that would be one of the skills that transfers particularly well to trading. There will be times when crypto prices will hit the roof or post massive dips. Do you follow the herd or stick to your own strategy? Just like in poker, the choice is yours. Jump tables or stick to yours and play the game skillfully.”

Poker is a game that tends to reward strategic thinking, mental endurance and emotional resilience — traits that happen to work equally well for crypto trading. Practiced with discipline, these traits can very well generate desirable results in both fields. Here are some of the common traits of winning poker players and profitable crypto traders:

  • Make +EV Decisions: Trading strategy deals with risk/reward ratio, similar to how poker players make expected value calculations for each hand when they consider whether to bet, check, call, raise or fold.
  • Don’t Go on Tilt: The calm and imperturbable demeanor synonymous with poker players tends to help them during volatility, when they are able to think and trade without giving in to impulses.
  • Hand Selection: In poker, just like in crypto trading, you can’t play your cards randomly. You have to understand the situation, process the chances of winning, and decide whether you want to fold or play further. Read the charts like you would interpret the body language of your opponent, and plan your next steps based on what is favorable to you.
  • Bankroll Management: Even the best poker player or crypto trader can go through a lean spell. Knowing how to manage the money in your account is essential, to ensure that you always have funds available to trade effectively.

Bybit CEO Ben Zhou noted, “If you’re a beginner in crypto trading, the gurus will advise you to research thoroughly about the types of crypto assets, not putting all your eggs in one basket, and trading per your risk appetite and bankroll management needs. It’s similar to how a beginner in poker would typically study the game: up skill, start with low-level stakes and take calculated risks while devising strategies that suit them best. Similarly, we have been putting a lot of our energy into educational content where we show our clients how to properly manage risks and perform technical analysis.”

The WSOT is a major global trading competition powered by Bybit, one of the fastest growing cryptocurrency derivatives exchanges, with more than a million registered users. The global event is open to traders worldwide where Bybit’s platform is available. The ranking system of WSOT is based on the profit/loss ratio, regardless of trading volume, thus paving a level playing field for all participants. The next edition of WSOT is expected in 2021.

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About Mike McDonald:

Mike McDonald (born Sep 11, 1989) is a star poker player. McDonald is the youngest person to win an event on the European Poker Tour (EPT) and the youngest person to win an event on the Epic Poker League (EPL).

Mike is now involved with Betshares/PokerShares, facilitating novelty bets on many niche products including WSOT. He has been involved in Bitcoin since 2014.

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Jackbit Gains Traction Among Crypto Casino Users for Instant Withdrawals, Zero KYC Requirements, and a Streamlined Gaming Experience

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Jackbit, operated by Ryker B.V., has been named the leading instant withdrawal crypto casino of 2025, following a quarter of consistent growth in user activity and praises across major gambling forums/aggregator sites. Industry stakeholders attribute this momentum to two key factors:

• Increasing demand for anonymous, user-controlled environments.

• The platform’s integration of fast, no-verification withdrawals with a competitive, multi-category game offering.

Launched in 2022 under a Curaçao license, Jackbit supports a wide range of cryptocurrencies and continues to get noticed by crypto users for its stable performance, cross-chain support, and user-friendly design.

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Why is Jackbit Becoming the Preferred Crypto Casino in 2025?

Although a relatively recent entrant in the crypto casino space, Jackbit is increasingly being identified by users and industry observers as outperforming several long-established crypto casino platforms in key operational areas.

The platform has drawn particular attention for its no KYC crypto casino approach, which enables access with fewer entry barriers compared to competitors that continue to enforce tiered KYC protocols and withdrawal restrictions.

Users have also noted Jackbit’s broader multi-chain integration, which enables smoother transactions across a wider range of blockchain networks, an advantage over single-chain platforms that limit flexibility.

Stability is another area where Jackbit is frequently cited, with consistent uptime and minimal service interruptions reported, particularly during high-traffic periods. In terms of interface and usability, the platform has been described as more intuitive and responsive than many legacy crypto casinos.

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Its support infrastructure, featuring 24/7 multilingual assistance and faster response times, has further contributed to positive user sentiment. Collectively, these factors are positioning Jackbit as a preferred crypto casino among privacy-conscious.

Jackbit’s key features reportedly align with the evolving expectations of crypto casino players.

No KYC Model: Operating as an anonymous crypto casino, Jackbit allows users to register and withdraw without providing identity documents, a policy that stands out amid tightening verification norms across the sector.

Instant Transaction Processing: Reports from active users indicate that both deposits and withdrawals are typically completed within minutes, including during periods of high traffic.

Expanded Crypto Support: The platform accepts over 20 cryptocurrencies, including BTC, ETH, USDT, LTC, and XMR, offering broader access than many competitors.

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Extensive Gaming Portfolio: Jackbit features more than 7,000 slot games, 200+ live casino titles, a fully integrated sportsbook, and a range of exclusive mini-games.

Mobile Compatibility and App Access: The service is fully optimized for mobile use, with a dedicated app available for enhanced performance and accessibility.

24/7 Multilingual Customer Support: Assistance is available at all hours via live chat and email, with support offered in multiple languages.

No-Wager Rakeback Program: Jackbit’s rakeback structure offers instant returns without wagering requirements, with no maximum limit on earnings.

Crypto Support and Payment Flexibility

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Jackbit has been admired by plenty of crypto users for its broad cryptocurrency support and flexible payment infrastructure. The platform accepts over 20 digital assets, including Bitcoin, Ethereum, USDT, Litecoin, XRP, Monero, and Dogecoin, as well as stablecoins such as USDC and DAI.

This wide coverage allows users to transact in the currency of their choice, with minimal friction. Both deposits and withdrawals are processed almost instantly, according to user reports, and remain consistent even during peak activity.

Jackbit operates under a Curaçao gaming license, adhering to regulatory standards while offering a model that prioritizes user privacy. As a best crypto casino, the platform does not require identity verification, allowing users to play and withdraw funds without submitting personal documentation. This no KYC approach has been cited as a key factor behind its growing user base.

The post Jackbit Gains Traction Among Crypto Casino Users for Instant Withdrawals, Zero KYC Requirements, and a Streamlined Gaming Experience appeared first on Gaming and Gambling Industry in the Americas.

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12BET Goes Crypto with Big Rewards

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As cryptocurrency adoption surges worldwide—driven by landmark legislation and growing investor confidence—12BET, continues to lead in embracing digital innovation. Recent U.S. Congressional moves to pass crypto-focused legislation, alongside India’s evolving regulatory stance, mark a global shift towards mainstream acceptance of digital assets.

12BET, a pioneering name in the igaming world since 2007, invites crypto users to experience fast, secure and flexible transactions through its wide range of supported cryptocurrencies. Players can choose from the widely used USD-pegged stablecoin USDT (Tether), Bitcoin (BTC), Ethereum (ETH) and the community-favourite Dogecoin (DOGE). These crypto-friendly payment options ensure seamless access to 12BET’s full entertainment portfolio—meeting the expectations of a new generation of tech-forward players.

“As cryptocurrency continues to reshape how people handle money, we’re proud to give our players modern payment options that reflect our values of fairness and transparency. We’re building a platform that moves in step with global innovation and player-first features,” said Rory Anderson, spokesperson for 12BET.

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To celebrate this growing momentum, 12BET is offering all eligible users a spin on their Lucky Wheel, with prizes including an iPhone 16 Pro Max, a 2.5g 999 gold bar and a DJI Osmo Pocket 3—available for a limited time.

This move comes amid growing global crypto adoption, with recent legislative efforts like the GENIUS Act and CLARITY Act in the US, and increased regulatory clarity in markets like India. As the global crypto market surpasses $4 trillion, 12BET is doubling down on its mission to deliver a future-ready, player-first gaming experience.

The post 12BET Goes Crypto with Big Rewards appeared first on European Gaming Industry News.

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British Rapper Dizzee Rascal Becomes Brand Ambassador of Playbet.io

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British rapper Dizzee Rascal has become the new brand ambassador of Playbet.io.

This exciting brand partnership will see Dizzee Rascal connect with Playbet’s growing audience and bring his infectious personality to the forefront through exclusive Playbet-branded content and a number of live streams.

With a career spanning over two decades, multiple chart-topping hits, and a reputation for electrifying live performances, Dizzee Rascal continues to push boundaries and influence global music and popular culture, cementing his status as a true icon in the industry.

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The partnership between Dizzee Rascal and Playbet.io is a powerful alignment of bold innovation and cultural relevance. As a trailblazer in the UK grime scene, Dizzee Rascal has consistently pushed creative boundaries, much like Playbet.io is doing in the world of crypto gaming with its cutting-edge platform and disruptive approach to online entertainment. Both are known for challenging the status quo, connecting with a global, digital-savvy audience and staying ahead of the curve. This brand ambassadorship will unite two forces that embody energy, authenticity and the future of their respective industries.

“I’m excited to partner up with Playbet and be a part of this groundbreaking experience. I love to be a part of anything innovative and Playbet are doing big things globally, as am I. Let the games begin!” Dizzee Rascal said.

“We’re thrilled to announce our partnership with one of the most legendary names in the music industry, Dizzee Rascal. A true icon of success, Dizzee has captivated millions of fans worldwide, and we’re proud to welcome him as the newest ambassador for Playbet.io. This collaboration marks an exciting chapter for us, and we’re confident it’s going to be a hit,” Miguel Almeida, Chief Marketing Officer of Playbet.io, said.

The post British Rapper Dizzee Rascal Becomes Brand Ambassador of Playbet.io appeared first on European Gaming Industry News.

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