Bitcoin and Online Gambling Industry Share a Symbiotic Bond: Roulette Joins BTC Bandwagon

Bitcoin is gaining more popularity than ever this year. The crypto has been used for different types of transactions, and casino gaming has become one of them. Roulette, one of the top casino game operators, has recently started accepting BTC as the payment option. This step has taken the popularity of bitcoin casinos to the next level, and soon multiple casinos will be resorting to Bitcoin.

There are many benefits of using Bitcoin in transactions at casino games. The use of anonymous accounts hides the identity of the player, making the entire process more discreet. Moreover, low cost and speedy transactions make Bitcoin Casino a preferred choice for players.

The majority of crypto enthusiasts believe that Bitcoin-based gambling is one of the best use-cases for putting BTC token in real-world scenarios. It is highly efficient, as well. The whole casino industry can earn higher profits by switching to Online Bitcoin Games. The rules are simple. Based on the bets placed, the losing side needs to pay the winning side in Bitcoin. Till date, over 50% of BTC transactions have happened in the online gambling industry as per a recent report, and this is only going to get higher. Roulette can be played between two players or multiple players as well. It is usually played on a long table with numbers between 1 to 36. Once the bets are being placed, the dealer spins the wheel. The player with the closer bet to the stop marker sign wins.

Bitcoin gambling is dated back to 2013, and it has gained good momentum over the years. The whole concept is profitable for both the gaming industry as well as Bitcoin. With the increasing number of people switching to BTC based gaming, the coin is getting good popularity and adoption. On the other hand, for the online gambling industry, it is always more profitable to have more people play the game. Hence, it is a win-win situation for both sides.

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About author
Veronica Smith is a writer and journalist who holds specialization in language and journalism, including blockchain and crytpocurrencies. She was freelance news writer before getting into our CoinSubtle team. She has written number of articles on financial markets and cryptocurrencies.

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