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New Era of Gambling. Now with Bitcoins.
It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities. This has been a trend for already some two years. Nevertheless, recently the online bitcoin gambling has marked an important step in its history, in March 2017 the total amount of the bitcoin bets has reached a very impressive number - one billion. The website bitcoincasino.info reports that there was a total of 22831 bitcoin bets per minute, and 380 bets per second. This gives us an idea that the bitcoin gambling is actually getting very popular despite the limited number of the bitcoin casino operators.
While these numbers look very exciting, the month of April has shown an even better dynamics. Just in the first week of the current month, there has been a total of three billion bets placed with the bitcoins, and their total value amounted to more than 520 million USD. While the BTC/USD rate keeps on growing (meaning that BTCs become less accessible), the gambling volumes go up. This clearly shows an increased interest in gambling with cryptocurrencies.
Even though this information can get someone by the surprise, some entities were expecting such a slump in the bitcoin gambling already a year ago. For example, the United Kingdom Gambling Commission has identified the growth of the bitcoin gambling sector and has stated that it sees the Bitcoin and other cryptocurrencies as an equivalent to money. Because of this, it has allowed the operators of the bitcoin gambling sites to apply for its license. And UK is not the only country that looks at the bitcoin gambling this way.
It is clear that the bitcoin gambling offers a larger set of benefits when compared to regular online casinos. First of all, gambling with the bitcoins is much more transparent. All of the BTC transactions are tracked, which allows a player to see the payouts from the casino. Besides that, depositing and withdrawing in bitcoins is much safer for the player’s credit score, as connecting such bitcoin transactions to person’s identity is a challenging task.
There are more bitcoin casinos appearing and quite a few of the regular online casinos are adding the bitcoins into its set of supported currencies. This gives us a clue that we are now seeing the a major update in the gambling industry.
Jurassic World Online Slot live -
During the base game, the fierce and genetically modified Indominus Rex can randomly appear on the screen, awarding wins of up to 1,000x the total bet.
Is there a place for AI in poker? -
If you are into the technology, you have certainly heard about Artificial Intelligence (AI) at least a few times. The word has become even more popular over the course of the last few years, especially with an introduction of another buzz word
MLB Odds: Mets vs. Dodgers -
Injuries have kept the New York Mets (31-37, –14.14 betting units) from being all they can be this year, but they expect to have Steven Matz on the mound for Wednesday’s game against fellow southpaw Rich Hill and the Los Angeles Dodgers (44-26, +7.56 units). First pitch from Chavez Ravine is 10 PM ET on ESPN.
NBA Odds: Warriors Down Cavs in Game 5, Reclaim Title -
It took a game longer than they would have liked, but the Golden State Warriors are once again the NBA champions. They beat the Cleveland Cavaliers 129-120 Monday night to eliminate the Cavs (+9 away) in five games and reclaim the Larry O’Brien Championship Trophy.
Vikings’ Victory Slot Launches -
The game’s impressive graphics take you to the sea side, where a longship sits beyond the reels. Mountains and trees make up the background, and smoke can be seen billowing from beyond the screen. The five reels are on a sail, with 25 paylines marked by red flags.
50 WSOP Seat Satellite -
Sunday, July 2nd at 3pm ET, two just days before the Fourth of July holiday, Americas Cardroom is running a 50-seat qualifier to the 2017 WSOP Main Event in Las Vegas.
NHL Odds: Series Tied Heading Back to Pittsburgh -
As quickly as Pekka Rinne lost his game in Pittsburgh, he found it again in Nashville. After Game 2, there were murmurings that Rinne wouldn’t start the next game. Predators Head Coach Peter Laviolette decided to stick with his goaltender, however, and Rinne led his team to two consecutive victories at home while stopping 50 of 52 shots.
Huge Win at Bitstarz Casino -
There has been plenty of big wins being landed at BitStarz lately, and yesterday, it was time again. Surprisingly it was yet another Amatic game that made one lucky player extra happy as he raked in an incredible $112,402 during an evening of intense playing.
NBA Odds: Can Warriors Keep up the Pace in Cleveland? -
The Cleveland Cavaliers head back home down 0-2 in the 2017 NBA Finals after losing the first two games straight up and against the spread to the Golden State Warriors by wide margins. Game 3 is Wednesday at 9 PM ET on ABC.
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