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Bitcoin Gambling

For many, the thought of using a virtual currency to gamble online is something straight out of a science fiction film. This is so because we are so accustomed to the idea of paper money being exchanged daily via cash, credit, and debit transactions. While gambling online via traditional currencies is definitely still an option, a superior way to play your favorite casino games online has been developed. Bitcoin gambling is far and away the fastest growing segment of the online gambling industry. Though it was only formed a few years ago, the currently existing Bitcoin casinos utilize the years of experience attained by traditional online casinos and use that experience to offer you a top-class online gambling experience. In essence, many of the online casinos which utilize Bitcoin are of the same quality as those who only accept deposits via USD, EUR, GBP, or any other fiat currency.

Bitcoin Gambling History

The history of playing at online casinos that accept Bitcoin deposits is not a very long one, seeing as bitcoins were only beginning to be used in 2009. Still, shortly after the idea of cryptocurrencies began catching on, so too did the idea of gambling with them online. You see, Bitcoin transactions are 100% safeguarded as being anonymous, so people who may be gambling in jurisdictions where online gambling is not necessarily legal saw an immediate benefit from the use of bitcoins. By mid-2010 to early 2011, the first Bitcoin-only casinos began popping up, offering all sorts of casino games for play. As the weeks and months passed, more and more Bitcoin casinos went live, adding to what was already being noticed as a growing segment of the online gambling industry. Nowadays there are quite a few online gaming establishments only accepting bitcoins, and their user base seems to be growing exponentially. It will be interesting to see what the future has in store for this budding, yet popular sect of the online casino industry.

Bitcoin Gambling Today

Though we haven’t advanced too far from when Bitcoin casinos were first founded, plenty of advances have taken place to make the modern day assortment of Bitcoin casinos what they are. One of the biggest advances that has been realized recently is the fact that there now exists a wide variety of games at these relatively new gaming sites. At first, most Bitcoin casinos had only the basics: blackjack, slots, roulette….now, however, you will find Bitcoin casinos with more complex games and even multiplayer games such as Texas Hold’em. Of course, every site is different from the one before it and while one gaming site may have a plethora of gaming options, another may only have one or two. In addition to this, the payout times at most Bitcoin casinos has improved dramatically. In the past, and at traditional online casinos, it could take days at a time in order for your cash out request to be processed. At most Bitcoin casinos, however, cashouts are able to be processed and in your possession in as little as a few minutes. This is one of the biggest reasons behind why people choose to play at Bitcoin casinos, and is a major reason behind why Bitcoin casinos are likely to stay around for some time to come.

Joining Bitcoin Casinos

If you have any experience with online casinos, you are well-aware of the fact that signing up can take as little as a few minutes to anywhere as long as a few hours or longer. In most instances, however, Bitcoin casinos make the sign-up and initial deposit process as simple and pain-free as possible. Because transferring bitcoins does not undergo the same sort of scrutiny as a traditional, debit/credit card deposits, they are able to be executed in their entirety in a matter of seconds. This is just one more reason behind why people are beginning to absolutely fall in love with Bitcoin casinos. As more and more people realize the benefits to choosing a Bitcoin casino over a traditional one, it would come as no surprise to see these new types of casinos become the preferred choice for all online casinogoers

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Gambling News :

FanDuel adds English Premier League action - Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.

Fortuna Entertainment Group in deal with Czech Football Association - Online gambling operator Fortuna Entertainment Group Nv has announced a sponsorship deal for an undisclosed consideration with the Czech Football Association (FAČR), effective from the 2018-19 season for six years.

Paddy Power and Inspired in Deal - The new agreement sees Paddy Power join a roster of other Inspired HTML 5 clients that includes William Hill, Gala Coral, Bet365 and Betfred.

Martin Crowley DraftKings Collusion Charges Dismissed - Our readers may recall a story that surfaced last month in which allegations were made that there was suspected collusion in a million dollar fantasy sports competition at DraftKings.

BeBetway British Horse racing Authority Authorized Betting Partner - Online gambling operator Betway has become the latest bookmaking firm to agree to voluntary payments over the next three years to the British Horse racing Authority in return for accreditation as an Authorized Betting Partner.

Coral Q4-2016 earnings reports - Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.

Unibet in cooperation with - Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).

Kiron Interactive in deal with Digitain - The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.

2016 World Poker Tour-best bet Bounty Scramble - That calmness and discipline not only kept Panzica in the game, but began to grind down Malones advantage, aided by some fortunate double up opportunities.

GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 - Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”

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