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Title: 2013-08-18 Why bitcoin has a firm foothold in the online gambling world Post by: patricktim on August 19, 2013, 09:38:00 AM http://www.coindesk.com/the-wild-world-of-bitcoins-and-gambling/
Bitcoins as chips? When the conventional gambler walks onto a casino floor to play table games, that person has to convert their money into chips in order to play. This element of traditional casinos is a mental component that is likely constructed to make a gambler spend more since chips bear less resemblance to cash. One would think, considering the rise of bitcoin-based gambling, that the same element is in play as well. |