From the very beginning it were the online casinos that were generating the major part of the transaction volume, and to this date, it's still the case. Perhaps not in the major role it has been years ago, which is mainly due to the fact that people are using Bitcoin more and more as currency tool, but gambling still is the largest transaction volume generator.
I think the next logical step for regular (non Bitcoin) casinos, is to allow people to gamble and withdraw profits in Bitcoin. I am sure it will take some time to push it through, but it's inevitable. Especially when you consider how big this market is. If this becomes reality, I am sure that it will be a massive boost for Bitcoin in general. If these casinos really pay out people in Bitcoin, then they need to have a bankroll completely filled with an insane amount of coins. Eventually, the price will greatly benefit from this.
Topic: [2016-11-12] Bitcoin Casinos Are Changing Online Gambling Forever (Read 564 times)
November 14, 2016, 09:05:17 PM
.... "Provably Fair my ass"Online casinos are mostly automated and if they form the habit of cheating people, they will run out of business faster than the brick & mortar ones - words spread fast on the internet.
November 14, 2016, 10:43:17 AM
Gambing and Bitcoins are a natural fit. Plus you have the concept of being provably fair, which is a huge improvement over offline casinos.
It will take time, but eventually most of the gambling will be done in the online world.
It will take time, but eventually most of the gambling will be done in the online world.
I agree as well, it is a natural fit and the provably fair part should be attractive to most gamblers. Also, bitcoin would be easier to use than a credit card.
November 13, 2016, 01:35:29 PM
Gambing and Bitcoins are a natural fit. Plus you have the concept of being provably fair, which is a huge improvement over offline casinos.
It will take time, but eventually most of the gambling will be done in the online world.
I totally agree. I stopped playing with "official" and recognized casinos because they ask too much from their customers.It will take time, but eventually most of the gambling will be done in the online world.
Bitcoin casinos are the best: one registers, depostis and plays no questions asked.
Only fun or despair depending on someone's luck!
I do not know if this is a wise choice... The brick n Mortar casinos have to adhere to strict rules and regulations and they are audited. Their
house edge are a bit higher, because they have overheads to cover. You have a smaller chance to get ripped off by a traditional casino, than
these unregulated Bitcoin casinos.
.... "Provably Fair my ass" 
November 13, 2016, 10:17:12 AM
Gambing and Bitcoins are a natural fit. Plus you have the concept of being provably fair, which is a huge improvement over offline casinos.
It will take time, but eventually most of the gambling will be done in the online world.
I totally agree. I stopped playing with "official" and recognized casinos because they ask too much from their customers.It will take time, but eventually most of the gambling will be done in the online world.
Bitcoin casinos are the best: one registers, depostis and plays no questions asked.
Only fun or despair depending on someone's luck!
November 13, 2016, 09:49:41 AM
Gambing and Bitcoins are a natural fit. Plus you have the concept of being provably fair, which is a huge improvement over offline casinos.
It will take time, but eventually most of the gambling will be done in the online world.
It will take time, but eventually most of the gambling will be done in the online world.
November 12, 2016, 02:10:14 AM
Bitcoin casinos are really trending right now, and it’s something that probably won’t be a fad and continue to grow. The topic of Bitcoins has been in the news a lot in the past few years and combined with Donald Trump as president; the currency has shot back up in value as people look to diversify their investments and equity. Bitcoin certainly is an interesting alternative for using the traditional credit cards, direct banking or e-wallets to deposit and withdraw from a casino but you can now add Bitcoin to that list as well.
Read More: http://www.bitrebels.com/entertainment/bitcoin-casinos-changing-gambling/
Read More: http://www.bitrebels.com/entertainment/bitcoin-casinos-changing-gambling/
Jump to: