While some may think that the iGaming industry was already fine before the cryptocurrency to begin with, a growing number of online gamblers have begun to agree with the idea that Bitcoin has significantly improved the online betting experience.
Bitcoin, still facing resistance in the midst of its trouble to break into the mainstream, has surprisingly found solace in the Bitcoin gambling niche – one that shows the potential the digital currency has in reforming industries that seemed fine at first glance.
With it came the possibility of privately playing Bitcoin games, eliminating the need to divulge personal and valuable data. The online betting community is also introduced to the concept of provable fairness and the fact that, yes, players can manually check the veracity of each result of their bets. Likewise, gambling with bitcoins has significantly improved the payment process and impressed bettors with almost instant payouts.
These are just some of the main factors that put Bitcoin gambling on a pedestal. Unfortunately, not all Bitcoin casinos, sports betting sites, poker rooms and other betting sites promise to contain a complete list of benefits used by Bitcoin. Therefore, learning to prioritize among these features is now necessary.
Proven fair play
Real money betting requires players to provide their personal and financial information, including name, address and bank details. With Gambling Registration on the Bitcoin process, an email address is enough to start gambling.
Any work email address will suffice, so using a personal or business email address is not required. In fact, some Bitcoin betting websites remain true to the idea of player anonymity, thus skipping manual registration.
Anonymous betting is definitely an advantage for players who prefer not to disclose any data for fear of unauthorized access and data collection that could eventually lead to bigger problems.
However, this should not fully affect the overall gambling experience and should therefore be considered more of an incentive rather than a necessity. Regardless, it’s worth checking out sites like Anonymous Casino to experience online gambling privately.
The ability to prove the authenticity of results is a feature that is missing in online gambling with real money. Bitcoin made this possible and immediately became a winning factor against fiat-powered casinos on the Internet.
The provably fair feature is no trick. It is the answer to the prayers of thousands of betting enthusiasts who wanted to do something to ensure the fairness and reliability of the games and the results of each round.
Bitcoin casino games developed by SoftSwiss are demonstrably fair, and this already gives casinos operating on the SoftSwiss platform an advantage over other sites that also offer Bitcoin casino services.
However, it is important to keep in mind that there are Bitcoin casinos that enjoy popularity and a multitude of followers, without their games promising provable fairness. This is what players need to consider – that top quality entertainment is still at hand even without the aforementioned feature. It all comes down to how important it is for them to be sure of the one hundred percent authentic result of the game.
Fast Bitcoin payouts
If there is a common aspect that all players will agree on, it would be how convenient and fast Bitcoin payouts are.
Online casinos and poker rooms typically take several business days to process withdrawal requests, to the point that the bookmakers concerned are concerned about whether or not they will receive their payouts.
In Bitcoin gambling, funds are automatically transferred to the members’ wallet address. Some can be almost instantaneous, while others can take several minutes, depending on the amount requested. After all, every transaction goes through the Bitcoin network and often has to go through certificates.
Fast payments are guaranteed to be a major plus in any form of bitcoin gambling ; hence many players look out for Bitcoin casinos that register fast payouts and withdrawals.
Which more to appreciate?
Of the three main features of Bitcoin gambling listed here, current payouts are given higher priority. This is, however, the case in case the gambling site does not offer all the mentioned features. Despite advances in the development of games, solutions and services, many bitcoin casinos are now forwarding an anonymous, provably fair game on top of reliable and fast payments.
When it comes to what to put at the top of the list, only the players themselves know the answer. This raises the question –
Which would you rather like: an anonymous gambling environment, a set of provably fair games, or a quick withdrawal of money? Share your comments below.