Bitcoin-technologies confidently conquer new markets – from the sphere of traditional finance to the entertainment industry. This truly subversive technology does not just come into business, becoming an integral part of it, but it also gives entrepreneurs new opportunities, often changing the very essence of traditional business models. The new gambling industry, which has been developing rapidly on the Internet in the past few years, has not been without new technologies. To date, there are dozens, if not hundreds, of cryptocurrency casinos. Crypto casinos have a lot advantages that became possible because of Blockchain. Players in United States will be more satisfied with new casinos because in their state there is the biggest choose of cryptocurrency. You can check it more on bitcoin poker reddit.
The best start will be with one of the most popular value of bitcoin – the ability to remain anonymous or not to disclose unnecessary information about yourself. Most of the traditional casinos require the user to prove the identity documents or mandatory binding of the bank account with further verification. Not everyone wants to share their personal data, and some simply do not have this capability, after all, the Internet and bureaucracy are a very bad combination. Bitcoin poker sites and bitcoin Texas holdem as the best examples show us that anonymity in crypto casinos is the point that is realized now and works very well.
Another painful place for traditional casinos is the security service, which can block your account at the slightest suspicion of fraud. Sometimes it is enough to accidentally get at one table with scammers who launder money obtained by criminal means to permanently lose access to the account. The security service will block your account and freeze (in favour of the casino) funds on it.
In cryptocurrency casinos
The probability of blocking your account due to the suspicion of the origin of funds is negligible. Thus, in crypto casino one of the key properties of bitcoin works – the user’s money belongs to the user. poker sites that accept bitcoin also follow this rule.
As you know, 1 bitcoin is 100 million Satoshi and this bitcoin property is divided into small parts and it also benefits in the case of cryptocurrency casinos. Moreover, it’s not just the bets that are less, say, $ 1. You can easily play for amounts like 0.00001000 BTC (1000 satoshi), which is today equivalent to $ 0.002. Because of this, the doors of crypto casino are open not only for hunters for a large jackpot, but also for those who simply want to play their favourite games for symbolic money. Bitcoin poker online will be the best place to check this.
Unlike, say, bitcoin-exchanges, where the number of players is not growing so fast, the threshold of entry is much higher, and the client often does not have alternatives – with bitcoin casino the situation is different. The launch of crypto casino is not so expensive, including, therefore, the dynamics of supply growth is quite high. So, the competition in this market is also quite strong, which makes bitcoin-casino really fight for its customers.
It should also be taken into account that on the market of online gambling there are quite large and well-established players who have been working not for the first ten years, but exclusively with traditional payment instruments. This is an additional factor affecting the development of the market for crypto-currency casinos. To entice lovers of gambling from traditional services, differing only from working with crypto-currencies, this is hardly an easy task.
All of the above focuses bitcoin-casino on the constant improvement of the quality of service and individual work with each client. It is in this industry that success will be achieved by those services that put customer comfort at the centre of the corner.
One cannot ignore the favourite property of bitcoin critics – high volatility
For players, in case of a rise in the price of bitcoin, this is an obvious and pleasant bonus. Just imagine that at the end of October 2013 in your account there were several won bitcoins, which already in November began to cost 10 times more expensive. By the way, now bitcoin costs about $ 240, which, according to some representatives of the community, is very cheap.
Imagine the situation that you live in a country where gambling is banned not only in real life, but also in the network. And serious online casinos simply do not allow you to play for real money. Yes, you can use the ip-address of another country, but when you enter funds from a bankcard or when identifying in the service, your trick is likely to be noticed. In the case of bitcoin casino, such problems will not arise and even if you have to use another ip-address, your bitcoins will not tell anyone about who you are and where.
And finally, it should be emphasized that choosing a bitcoin-casino instead of the traditional gambling service, you choose new technologies, encouraging their development and distribution. In addition, by default you become part of one of the most interesting and active online communities.