Bitcoin is a payment system that lends itself to online betting and Asianconnect have introduced this form of payment.
In introducing bitcoins to their methods of payment Asianconnect will be using a new system for making transactions online. The payment processing system has a number of advantages in the context of sports betting over the internet. Online betting and bitcoins have developed and grown in recent years and have a very positive relationship.
One of the main advantages of dealing in bitcoins for betting is the fees that are lower than for a typical debit or credit card. Betting companies work to low margins so any reduction in transaction fees means betting can be more attractive to their customers. There is a cost to betting online and bitcoins reduce this cost and increases profitability for the operator. Unlike credit cards fees are paid by the purchaser and not the vendor.
If a betting company reduces its cost when offering a betting service they can provide better odds and attract more business. There are now many betting companies online and one of the areas in which they compete is in offering sharper odds. Customers who bet have very little loyalty and many will be attracted to an operator that offers the best odds. Using bitcoins allows a bookmaker to cut costs and offer more attractive betting margins.
Visit this site for more exciting bonus for bitcoin users.
http://www.asianconnect88.com/terms-conditions-bitcoins/
