Bitcoin Casino Bonus

Bitcoin And The Blockchain Will Become Mainstream In Gambling Industry

Rate this Entry
by , 7 November 2017 at 2:04 am (571 Views)
Slot machines are one of the most popular games at land-based and online casinos. Over their 120 year history, their popularity has continued to grow. The industry is worth billions in revenue each year which is why they invest heavily in the next generation of slots. Now you can enjoy fantastic 3D graphics and soon AR will take the gameplay to the next level. It is not the graphics that are improving as now many specialist sites are using Blockchain technology to offer the most provably fair gaming experience that has ever been invented.

Bitcoin Gambling

Cryptocurrency is the perfect currency for gambling as it offers a number of advantages that are perfectly suited to the industry. By using BTC to gamble with players can play anonymously, it enables virtually instantaneously deposits along with withdrawals, micropayments, zero financial transaction fees and more. There are also many sites that you can play Bitcoin Slots Free by using a Faucet which is something that traditional online sites can not offer.

Bitcoin Gambling ICOs

There are many ICOs such as https://funfair.io that are presently looking to take it even further by offering games that include the license, automated payments and faster than Blockchain speed along with 1 click installation. Once these new companies fully launch they have the potential to change to industry forever. The present casino model will not be able to compete as the whole progress will be automated and decentralized. It means that almost no staff or set up costs will be required, so like the banks, they will become obsolete once cryptocurrency becomes mainstream around the globe.

Conclusion

Bitcoin gambling is outgrowing growth rates of traditional betting and with the price of BTC growing at a staggering rate, this trend will continue over the next decade. With the advantages that the Blockchain offer in the gambling sector the industry is going through its biggest change in its history. The Blockchain is one of the most important inventions in human history and once more people understand the many benefits of this technology it will not be long before all casinos and sportsbook sites have to utilize it or face becoming obsolete.

Comments