Mlc Posted October 12, 2018 #1 Posted October 12, 2018 A match made in heaven? crypto currency and gambling There are several online betting websites that accept cryptocurrency such as Bitcoin, this is usually done through an effort to complement existing options. Providing consumers with more options to gamble seems to have paid off. Winning Poker Payments doesn’t seem to be regretting its decision to accept digital currency payments. A new report shows that most proceeds come from Bitcoin and altcoins. Dozens of digital currencies are supported during this time and after what was a bearish start, things seem to be picking up. Currently, 60% of all platform transactions are digital currencies for the Winning Poker Network. With the support of enthusiasts all over the globe, this payment method is greatly appreciated. Different gambling service providers also seem to be sticking with Bitcoin too. There aren’t any official figures on this matter that have been made public just yet though. There are several benefits for accepting crypto as a payment. This doesn’t just apply to the user but the service also can receive rewards from exploring the opportunities in this department. A match made in heaven? So as we say, there are several benefits for teaming cryptocurrencies and gambling up. For starters, they all represent a global form of money and it doesn’t matter where the gamblers are located either. They will all have access to Bitcoin and altcoins through either the OTC market or traditional exchanges. Next we have digital currencies which provide anonymity. By removing ‘trail’ players when engaging in online gambling. There aren’t any financial statements and with no records linking to any certain user, it provides the players with a level of privacy and security which is something that’s been needed for a while now. Developments pave the way for an expansive digital currency adoption in the gambling industry. Maltese officials are looking to introduce guidelines similar to Gibraltar recently has and other countries are to looking into their verdict accordingly. what do you think? is gambling and cryptocurrency a perfect match ? will crypto currency casinos explode and take over traditional online casinos only accept credit and debit cards ? Many might not agree but i think crypto currency is the way forward for online gambling , what about you ?
Etude Posted October 12, 2018 #2 Posted October 12, 2018 Yes I do agree that cryptocurrency and gambling is a perfect match! It feels much easier for me to engage in gambling using cryptocurrencies especially Bitcoin mainly than using fiat currencies. Well it is indeed a possibility that cryptocurrency casinos will overtake in terms of popularity of online casinos which only allow deposits of fiat currencies. For me, definitely I would agree yet again to the point that cryptocurrency gambling would have a bright growing future!
williamshennie9 Posted October 12, 2018 #4 Posted October 12, 2018 I think the idea of gambling with crypto currencies is still in its infancy, so some may think it is an odd combination. For me, it makes the process of depositing and withdrawal so much easier, compared to other online casinos where I can gamble in my home currency
Kate Posted October 12, 2018 #5 Posted October 12, 2018 Well it was matched and made by eddie and micro so yea made in heaven
Etude Posted October 12, 2018 #6 Posted October 12, 2018 1 hour ago, Kate said: Well it was matched and made by eddie and micro so yea made in heaven Lol Kate, its a funny way to put it but seems to be true in the case of how Stake is born.
Snike Posted October 12, 2018 #7 Posted October 12, 2018 Well people who are already into gambling can get into crypto and the same could happen the other way around! I think gambling goes perfectly with crypto for some reason, probably cause gambling is a lot about math and odds. And most cryptogeeks are somewhat like nerds
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