Bitcoin Gambling is Exploding

By April 2, 2016Bitcoin Business

Recent years have revealed a decline in major sports attendance due to how good the experience of watching at home now is. Bitcoin casinos are taking advantage of this same phenomenon to grow exponentially.

BitcoinCT r: 8 is decentralized, mostly anonymous, and is not subject to variance in rules and regulations that traditional currency around the world is. For these reasons, it has become a popular way for people from around the globe to engage in gambling entertainment. It makes sense due to the cultural and religious stigma that is often associated with gambling. Making the trip to a brick and mortar casino or gaming on a traditional currency based online casino can be a hassle.

Bitcoin allows for anonymous deposits and withdraws in a near instant fashion, making bitcoin gambling virtually anonymous. Further, bitcoin casino players can engage in their favorite games of chance or skill whenever they choose from the comfort of their own home. Hotels, transportation, and eating out costs are all eliminated. Sports Betting is also Experiencing Massive Growth

Sports betting is another form of bitcoin gambling entertainment that has expanded at a frenetic rate, with vast potential to continue to grow. March Madness, the nickname for the tournament that decides the collegiate basketball championship in the United States , is expecting to take in more than 9 billion dollars’ worth of bets this year. Clearly the thirst for action from consumers is there and growing every single year. There are a large number of sports books who currently accept bitcoin deposits and bets.

Sports and outcome betting junkies will also be excited to learn about bitcoin betting exchanges. Unlike traditional sports betting, where the house places the odds and the players can choose to either take those odds or not place a bet, bitcoin betting exchanges offer […]

Leave a Reply

All Today's Crypto News In One Place