Future of Blockchain in Gambling Space Explored in ASEAN Gaming Summit 2019
March 20, 2019
What is Blockchain? What are its benefits? Who uses it? Day 2 of ASEAN Gaming Summit 2019 puts blockchain's role in the gaming space in the spotlight.
Bitcoin prediction betting is a small but budding category in the world of casino gaming. When you read online casino reviews, you will find a few betting sites that offer rewards to bettors who correctly predict an event in entertainment or politics.
Predictious is one of these gaming hubs that cater to prediction bettors. Launched in 2013, the casino operates under Pixode Ltd., an Ireland-based company. The betting site claims to be the “premier Bitcoin prediction market,” though its customer support, as well as its social media accounts, show signs of inactivity after 2016. Read this Predictious review to see if the gaming portal will be your go-to site for prediction betting.
Just like many Bitcoin prediction sites, Predictious does not offer any welcome bonuses, cashbacks, or other promos. While this might disappoint you, it does mean that you do not need to meet wagering requirements in order to cash out. But if you would rather earn additional bitcoins, you might want to consider betting sites like BetMoose as it offers a referral program.
Prediction markets work the same way as the stock market. You simply have to buy shares on whether an event will happen, and you will win bitcoins if you do. At the same time, you can sell your shares on the betting site.
There is a wide range of bet markets available on Predictious. These are divided into five categories: sports, economics, entertainment, and science and technology. You can place a bet on who the winner of the elections may be, or you can wager on who will win an awards show.
Placing a bet on Predictious is easy. You just have to click the event where you want to buy shares then specify how many shares you want for the price listed. After that, you just have to wait for the outcome.
The betting site accepts only Bitcoin for deposits and withdrawals. Because of this, you need to have a Bitcoin wallet in order to wager on Predictious. If you hold fiat currency or altcoins, you can use multi-currency payment gateways like Cryptonator or Cubits.
The smallest amount that you can deposit in the gaming hub is 0.001 BTC. Just send your funds to the given wallet address, and they will reflect in your account instantly.
Just like in deposits, the minimum amount that you can cash out is 0.001 BTC. To make a withdrawal request, simply provide your wallet address. You will then receive your money right away. Bear in mind, though, that Predictious deducts a miner’s fee to ensure quick processing of your cash-out on the Bitcoin network.
Predictious is a crypto-friendly betting site that makes it easy for you to place bets on any event involving sports, politics, and entertainment, among others. Staking on events is easy thanks to the site’s simple design. More importantly, transactions are quick and required deposit and withdrawal amounts are low.
On the contrary, though, the casino’s lack of updates is concerning. After all, its latest posts on social media date back to 2016. Even worse, there are no live chat facilities or available email addresses for you to use in case you want to ask something. Given these, you might want to go to a more active betting site instead.