Online gambling takes a new direction with Bitcoin’s intervention. Introducing provably fair gaming, micro transactions, and quick payments, Bitcoin gambling provided a new avenue for online players to experience what could be the future of the iGaming industry.
Although still occupying a small percentage of the overall online gambling market, Bitcoin gambling continues to evolve by the day, showcasing more opportunities for operators and bettors to benefit from. With this growth are the different ways players can make the most of the cryptocurrency when used as a wager.
Today, Bitcoin gambling offers more reasons to enjoy, as the online gambling entertainment with Bitcoin expands and provides an improved betting environment for all kinds of players, regardless of location—a venue that combines casinos, sports, and even the hottest online games to date.
Bitcoin gambling started with a few casino games, with the dice game initiated by SatoshiDice believed to have started the trend. From the on-chain betting and micro transactions, the casino market witnessed the rise of numerous online casinos that are powered by the cryptocurrency.
Little by little, these casinos improved. Using provable fairness and fast transactions as the primary advantages over real-money online casinos, the Bitcoin casino market widens its reach and began to deliver high-quality Bitcoin slots, table games, and other popular online casino games developed by reputable software and game content providers.
As the market matures, these Bitcoin casinos continue to add more reasons for players to enjoy betting with Bitcoin. The attractive Bitcoin casino bonus deals and promotions, the transparent nature of casinos, and even the anonymity enjoyed by the players maintains the steady rise of the likes of BitStarz and FortuneJack.
Other than casinos, online sportsbooks also showed potential for Bitcoin to thrive in. Bitcoin sports betting has become a popular option, and this reflects the increasing number of reliable Bitcoin sportsbooks today.
Anonibet, which has been active since 2011, continues to provide competitive odds and quality services. Other noteworthy sportsbooks include Nitrogen Sports and Betcoin Sports—the sports betting arm of Betcoin.ag. Also keeping the momentum up for Bitcoin sports betting is the software platform UltraPlay, which features premium solutions that can be experienced on BetBaller.
Combining the entertainment in online casinos and the action in sports betting, eSports creates a new niche that proves to be the next big thing in iGaming. Bitcoin has also slowly entered this market, often with online sportsbooks like OneHash and VitalBet. But there are other platforms where players can enjoy Bitcoin eSports betting.
Leet.gg is a website that allows users to play against their friends by paying Bitcoin for each game. In return, the winner receives the Bitcoin payment collected from every player in the game. Gamebet.gg is also a new venue where users can exchange their bitcoins for the site’s in-game currency.
Bitcoin clearly modified the way eSports functions online. Not only can players bet on the match, they can also play the popular online games using Bitcoin and even be a candidate for winning the Bitcoin pot.
Over the years, Bitcoin gambling has significantly changed and equipped the online gaming community with more means to be entertained. Playing the casino games or betting on local and international sport events are perfect ways to maximize online gambling, but Bitcoin eSports is definitely worth checking out.