Games and gambling are one of the most actively developing segments of the blockchain industry. According to the analytical resource Dapp Review, games, including gambling, account for almost half of all decentralized applications based on the Ethereum blockchain. In the TRON ecosystem, eight out of ten applications can be considered a kind of online casino. Over $3.9 billion worth of transactions went through TRON-based decentralized casinos, which is almost 90% of the total volume of transactions on this blockchain. If you look at Google Trends for the query bitcoin casino, then there is a steady increase in interest in this topic. Why is it so?
Many players in countries where there are tight foreign exchange regulations have finally been able to satisfy their needs without fear and risk of losing their money, and online casinos were able to provide them with these services. This is the main reason why online gamblers are turning to the so-called btc casino online. Let’s have a closer look at this casino variety, and find the answer to what makes Bitcoin attractive as a currency.
Why is BTC so attractive?
Many affiliate programs and brands that are strictly regulated by local licenses and legislation have switched to paying affiliates (traffic providers) in cryptocurrency, which gives them loopholes to avoid unnecessary attention from inspection and tax authorities. Besides, cryptocurrency has made online gambling safer.
It is also worth noting that a whole segment of crypto games has appeared, the so-called “simple games”, the essence of which is that the player can check them for the honesty of the results. Of course, most of these games were taken from classic gambling. These games have their own fans who reject the so-called “classic gambling” and only accept what works on blockchain technologies and cryptocurrency. Here are the main advantages they are lured by:
Anonymity: the user does not have to provide data such as full name, card data, place of residence, etc. All transactions with digital currency take place without identity verification;
Guaranteed Withdrawal: situations with account blocking are almost excluded. This guarantees the possibility of withdrawing funds at any time;
Progressive Audience: Bitcoin is preferred by the youngest and most progressive audience. Digital currencies are used by people who are familiar with innovative technologies;
Volatility: from the very beginning of the emergence of bitcoin, there has been a constant increase in the rate. Over time, the currency on the account will “grow” significantly;
Unlimited Possibilities: you can play in bitcoin casinos in any country and withdraw money in various ways, even where gambling is prohibited by law.
Among the additional advantages of playing for cryptocurrency, the high speed of operations, complete absence or minimal commissions, and lack of restrictions can be tracked.
How to double your deposit and welcome bonus?
In the race to attract new players, all means are good. One of them is increased loyalty to beginners. Often, online casinos use some kind of gift set. For example, a deposit multiplier of 100% and 50 free spins on a certain slot machine. The first deposit bonus is included in the welcome package. In some online casinos, you can even get a gift for the fifth deposit. They are introduced to a specific club to motivate their gamblers to play.
Even for the best bonuses, a wager is set. If it is more than x50, then it will be almost impossible to receive the bonus money, while the x30 wager is quite possible to win back. Thus, if you are thinking about doubling your welcome bonus or deposit, it is quite possible. The only thing to do is to read the rules in advance and stick to the casino’s internal policies.
In Conclusion
Of course, it is wrong to talk only about the advantages of playing on cryptocurrency. The bitcoin casinos are not without flaws. One of them is that understanding cryptocurrency requires some time and knowledge from players. Many Internet users still consider Bitcoin to be an idea of scammers. However, the long-term and at the same time successful existence of BTC eliminates this judgment. In general, this cryptocurrency is a great solution for the gambling industry.
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