Ever since there have been casinos, there have been casino cheats. These are people who want to win so badly that they are prepared to do anything – including breaking the law – to make it happen. Some people have even become so notorious for what they have done that they are famous (or rather, infamous) for their cheating. We look at some of the most high profile now – play here.
Tommy Glenn Carmichael
Tommy Glenn Carmichael added his name to the roll call of cheaters due to slot machines. He has even been imprisoned for what he did. It all began in 1980 – Carmichael used a metal device that he would put into the slot machine, making it think that a coin had been inserted. It would trigger the game without Carmichael having to pay anything at all.
Eventually, as slots became more updated, the device no longer worked. So Carmichael started to use smaller casinos in Las Vegas; they still had the older machines as it cost a lot to update them. However, it was at this time he was caught, and sent to prison for five years. When he was released in 1987, Carmichael clearly had not learnt his lesson, and he started cheating again. To do so, he had to buy a slot machine and really learn how it all worked. Knowing this, he created a ‘slider’ which worked in a similar way to his previous device. He even sold it to other cheaters! However, he was caught again in 1996, 1998, and 1999 and was jailed. He is now banned from any casino, although he does make a living working with casinos to prevent other cheats!
Richard Marcus is often called one of the greatest cheaters of all time when it comes to casinos. He made a huge amount of money and was never caught, so his title may well be deserved. So how do we know what he did if he was never caught? He wrote a book about it! He waited until he had made as much money as he would ever want through cheating, and then stopped, so he decided to write a book about his exploits.
Marcus has a name for his cheating method; he called it the ‘Savannah’. It was a simple method, but it took plenty of guts and not a small amount of skill.
Marcus would, quite simply, use sleight of hand to remove chips from a losing bet. This was much less obvious than the method of adding chips to a winning bet.
Ron Harris & Reid McNeal
In 1995, the jackpot of $100,000 was won by Reid McNeal. He was playing keno at Bally’s Park Place Casino Resort in Atlantic City. This might not be anything to be suspicious about, except for the fact that McNeal didn’t show any emotion when he won. All he did was ask to be pain in cash.
All jackpot wins need to be verified by state gaming officials in New Jersey, so an investigation was set up. The investigation led to a man named Ron Harris who was a computer programmer. It turned out that Harris was modifying software to pay out huge wins if a certain sequence of coins was used to play.
Launch of First Ever XDB/ZUSD Pairing Announced to Support Global Gaming Industry
The XDB Foundation has recently announced the first pairing of XDB with the new Zytara Dollar (ZUSD) on global cryptocurrency markets. The Biki cryptocurrency exchange will be one of the first platforms to provide access to the XDB/ZUSD trading pair.
“We are really excited to see the debut listing of the XDB/ZUSD trading pair,” says Michael Gord, the XDB Foundation’s Managing Director, “Asia-Pacific accounts for a significant portion of the global gaming community, almost 50%, and BiKi is perfectly situated to support this geography. We’re really happy to welcome them into our partnership ecosystem.”
The protocol layer blockchain DigitalBits is designed to support branded stablecoins and other branded currencies across a variety of use cases, offering crucial support to the global esports industry. The platform solves many of the issues involved in global tournament prize payouts, as well as enabling around the clock real-time payment transfers and global monetization of in-game currencies. Developers will also be able to create programmable incentives for gamers, therefore increasing fan engagement.
Issued by a regulated financial institution, the ZUSD is designed as currency for the future of the gaming and esports industry and beyond. The programmable dollar moves anywhere in the world at the speed of the Internet, and is redeemable…
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.
NFTs are already being actively traded in markets globally. For…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…