Daily Bulletin

Entertainment

  • Written by News Feature Team



Not everyone is into gambling nowadays, but there are certainly people that enjoy it. For years people had to travel to various locations, which sometimes could include traveling to other cities or even countries, just to play some blackjack, poker or roulette. Even though this could be a good thing for the people with gambling problems, many of the occasional gamblers had to suffer a lot. Next to the cost of the chips, you would need to account for a few gallons of the gasoline (or an airplane ticket), a hotel room and other indirect expenses when going to gamble.

 

Then online casinos happened giving everyone a possibility to play their favourite games without actually living the house. Even though the feeling is not the same, online casinos have become a preferred way to gamble for thousands. It is quicker, cheaper and, most importantly, more transparent. Currently online gambling industry is evolving and it does seem that the future is in bitcoin online casinos, and let us explain you why.

Privacy

Everyone seems to get concerned about the privacy nowadays. While such apps as WhatsApp and Viber have changed their encryption, online casinos still seem to lack the privacy as they cannot offer their own payment systems. When going for a regular online casino you will reveal your identity when depositing and withdrawing. In many countries it is actually required by the law to provide your identification documents when signing up for an online casino account.

 

All of this is completely changed with the introduction of bitcoin gambling. As bitcoin is a payment system on its own, you can use BTCs to top up your account, withdraw from your casino account and actually use bitcoins as the chips. There is no need to provide a proof of address, a copy of your passport or any other ID. When going for an online casino your privacy is fully protected. The only way one can understand that you engage in a bitcoin online casino is by knowing yours and casinos bitcoin wallet numbers. Hence, unless you reveal your bitcoin wallet - you should not worry about having your privacy compromised.

Costs

The infrastructure around common type of money is quite complex. A national bank (such as ECB or Federal Reserve) creates money, then these funds are surpassed to private banks. To facilitate the usage of funds such companies as MasterCard and Visa need to be involved too. Sometimes you deposit to a certain internet wallet using your MasterCard. Needless to say that each of the parties in this process would like to benefit for their involvement. This is what drives the operating costs, yet it is not the case with bitcoins. When using BTC for withdrawing and depositing, there are absolutely no costs involved.

Technology

Last but not least, bitcoin is a rather new innovation and, this way, bitcoin casinos have started to appear only a few years ago. This way you can be absolutely sure that you experiencing the best possible technology when engaging in the bitcoin gambling. You will be provided with the most interesting games that come with excellent graphics and bonuses. In other words, the reality of bitcoin gambling today is something that regular online casinos would achieve in only a few years from now.

 


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