The arrival of crypto currency was welcomed initially by tech savvy individuals and speculators. The former were counting on Bitcoin to grant more freedom and empower people, while making commerce easier. Equally keen on capitalizing on the new currency, were long-term investors. Everyone is still pretty much hooked on Bitcoin and online gambling operators have also jumped on the bandwagon. They feature on the list of accepted payment methods on an increasingly high number of casinos.
A Head Start for Selected Casino Operators
Early adopters always have an advantage over those who ride the trend. In this case, online casinos had enough time to set up a string of campaigns and welcome bonuses that players appreciate. By speeding up the withdrawal and deposit process, they promote their products more effectively. The head start gave smaller casinos the edge, but they are now hard-pressed to maintain this dominant position in the niche. Leading operators are now adopting Bitcoin as well and put the full weight of their sizable budgets behind their new promotions.
Convenience and Anonymity Go Hand-In-Hand
The number of Bitcoin casinos is also expanding because crypto currency allows players to gamble anonymously. This means a great deal not only to those who want to keep their preference for sports betting and casino games are secret.
Online casinos accepting Bitcoin deposits and wagers are also cashing in on the gamblers’ preference for convenient gaming. Transfers are performed quickly and with low expenses, and players can start gambling right away. Last but definitely not least, the bonuses available are on par and sometimes higher than those offered by traditional casinos. Bitcoin casinos can now offer the full spectrum of games available at their conservative counterparts, so players don’t have to make any compromises at all.