February was Record Month for Bitcoin Gambling

[Shinpako09]

Thats one proof that bitcoin gambling is really the future of online gambling. Btc gambling willl play big role in bitcoin being well known and used in the future.

[asdalani]

That is good to see that people are actually spending their coins on something instead of just trying to hold it until the price goes up so they could receive a large payout. Making money is fine if you have it though there is people within the world that work each day -they still don't keep any money for themselves and they usually don't have any fun spending it.
0.05 BTC every minute isn't that bad, I am pretty impressed actually.

[Lionidas]

Nothing to get surprised. It's one among the major industry causing an increase in circulation of the bitcoin. As well several gambling websites have been progressing with several added features. Now as the price increased in February it might have attracted few more to use bitcoin for their gambling needs. Gambling gains more attraction because several countries have ban on it, but bitcoin gives the way.

That's what should amaze people because this is not at a global scale because of that fact of countries banning it outright.
They do know how addictive it can be and more deadly because people can do it all from the comfort of their own homes. And with that makes it that much easier to make a gambling addict.

[bering]

this is interesting fact that apparantly people more likely to choose online casinos currently indeed if we compare between physical casinos this statistics was nothing but at least with bitcoin gambing casinos had potential to be the rival and probably could be instead of physical casinos in the future

[olubams]

Read more how the average bitcoin casino saw 3 BTC gambled every minute: https://bitcoincasinos.reviews/bitcoin-casinos-set-record-with-average-of-4000-gambled-every-minute-in-february/


*Made a comment below about this but check out this statistics website to see how each number was calculated.

https://thebitcoinstrip.com/stats/2017-02-01-to-2017-02-28

Thats really a record high if it has not been achieved before because 3 btc every minute is not cheap and I really want to see a research that will focus on winnings rather than wagers from there we can now do a very detailed comparative analysis at the same time putting a test on the various sites that have proven to be fair and also see how much the sites are making on the average...

[maydna]

Read more how the average bitcoin casino saw 3 BTC gambled every minute: https://bitcoincasinos.reviews/bitcoin-casinos-set-record-with-average-of-4000-gambled-every-minute-in-february/


*Made a comment below about this but check out this statistics website to see how each number was calculated.

https://thebitcoinstrip.com/stats/2017-02-01-to-2017-02-28

is it really 3 btc gambled every minute? because i don't think that is really 3 bitcoin and maybe is just happen for less than 10 minutes because if this is true, then we can know how much the sites is making the money fro bitcoin industry and its really interesting option to build a gambling sites and we have big member that always playing gambling in our sites. but still 3 btc is a big amount that we can see in the gambling sites.

[michkima]

Read more how the average bitcoin casino saw 3 BTC gambled every minute: https://bitcoincasinos.reviews/bitcoin-casinos-set-record-with-average-of-4000-gambled-every-minute-in-february/


*Made a comment below about this but check out this statistics website to see how each number was calculated.

https://thebitcoinstrip.com/stats/2017-02-01-to-2017-02-28

is it really 3 btc gambled every minute? because i don't think that is really 3 bitcoin and maybe is just happen for less than 10 minutes because if this is true, then we can know how much the sites is making the money fro bitcoin industry and its really interesting option to build a gambling sites and we have big member that always playing gambling in our sites. but still 3 btc is a big amount that we can see in the gambling sites.

They should have averaged this for the whole february. I don't think this is accurate though as they don't have concrete data to really finalize this statistics on what happened in the gambling scene in February. For sure they weren't able to account for every gambling site.

[piloder]

There are websites like this set up to check statistics.

https://thebitcoinstrip.com/stats/2017-02-01-to-2017-02-28

Actually their statistics also can't be accurate because they haven't calculated stats from many other well known bitcoin casino including fortunejack. However we can predict that not only 3BTC per minute, may be more than 10BTC is wagered per minute. 

[szpalata]

Thats one proof that bitcoin gambling is really the future of online gambling. Btc gambling willl play big role in bitcoin being well known and used in the future.

Yes but we don't want a million Bitcoin gambling websites as they are becoming too many. I don't even know the legitimate ones. How many Bitcoin gambling websites should we allow to operate because the scanners are getting involved in that line of business. I think people should improvise other uses of Bitcoin and stop this one-way trend.

[FlightyPouch]

Thats one proof that bitcoin gambling is really the future of online gambling. Btc gambling willl play big role in bitcoin being well known and used in the future.

Yes but we don't want a million Bitcoin gambling websites as they are becoming too many. I don't even know the legitimate ones. How many Bitcoin gambling websites should we allow to operate because the scanners are getting involved in that line of business. I think people should improvise other uses of Bitcoin and stop this one-way trend.

There are a lot of trusted casino or gambling sites and as a gambler, you must be really careful where you deposit your bitcoin. This is important if you are really a gambler. And I know that gambling addiction is a wrong thing, though it really depends on the gambler.
Even I preach or teach him to avoid gambling if he really wants it, cant help it right? nust gonna moderate his activities.

[boyptc]

Thats one proof that bitcoin gambling is really the future of online gambling. Btc gambling willl play big role in bitcoin being well known and used in the future.

That is also what I suppose to say and it is another good contributor to the bitcoins price. The more bitcoins generated every minute by those casino's from it's gamblers, the higher demand that it is making in bitcoin gambling industry. They will always play a big role in the market of bitcoin and it is one of the important reasons why many are getting into bitcoin.

[jossiel]

I guess there will be upcoming month/s that they will surpass this 3 bitcoins per minute. Let's back on it when it's already fix season, December.

People on those holidays will have more money to gamble and more money to convert to bitcoin. So, I guess there will be another month to break this record.

Though this statistics is a good thing for the bitcoin gambling society.

[Pettuh4]

Thats one proof that bitcoin gambling is really the future of online gambling. Btc gambling willl play big role in bitcoin being well known and used in the future.

I guess it's also the reason why Bitcoin gambling websites are springing up everywhere. They are taking advantage of Bitcoin to lure potential gamblers online and I think it's laudable if they do it genuinely.

[tabas]

Average 3 bitcoin per minute is crazy, these gamblers surely got a lot of minute and they are making gambling as their source of income. These people surely loves the way on how they can gamble with bitcoin. Since it was mentioned that bitcoin is more secured rather than going to casino and gamble out what you've got.

There are websites like this set up to check statistics.

https://thebitcoinstrip.com/stats/2017-02-01-to-2017-02-28

Thanks will follow this site to see and compare from this month where the ATH for bitcoin was achieved and next month's stats and if the price of bitcoin influences the gamblers using bitcoin with these increases in price.

Well thanks for mentioning this site for their statistics. But I guess we'll more high bets for the next months. Depending on a site's popularity but as long as it is gambling we will expect this. Maybe it can come up to 5 bitcoin / minute or even higher.

[Junko]

Very interesting. Hopefully U.S. state gaming commissions take notice and realize bitcoin is indeed the future of gambling - whether they like it or not - and be forced to adapt or lose out. Prolly won't happen though until the far distant future.

On a related note... March Madness anyone? The NCAA College Basketball Tournament has just started and runs through the rest of March. The NCAA tournament now ranks second to only the Super Bowl (played in Feb. btw) in terms of betting and seems to be gaining ground in recent years.

[cpfreeplz]

Wow while the price was rising like crazy people obviously felt they could gamble more. When your money is worth 130% of what you got it for I guess a 1% house edge really doesn't make a difference at all!

[sulendra12]

is it really 3 btc gambled every minute? because i don't think that is really 3 bitcoin and maybe is just happen for less than 10 minutes because if this is true.

Well, you can't count Online gambling sites exist in the internet and also we don't know how much wagered amount for every minute hence it makes Bitcoin Gambling is a right method to introduce Bitcoin. It's possible to claim 3 BTC gambled for every minute because it's just average.

[Ziskinberg]

Good to know about the fast progress of bitcoin gambling sites, this does not benefit the gambling industry but the whole bitcoin market, imagine how big the demand they are creating knowing most of gamblers loses their hard earn money. This statistics shows how trustworthy gambling sites are and I have this prediction that in the near future, competition will be bigger and more investors will see this as an opportunity for them to operate as well.

[michkima]

Good to know about the fast progress of bitcoin gambling sites, this does not benefit the gambling industry but the whole bitcoin market, imagine how big the demand they are creating knowing most of gamblers loses their hard earn money. This statistics shows how trustworthy gambling sites are and I have this prediction that in the near future, competition will be bigger and more investors will see this as an opportunity for them to operate as well.

Since bitcoin is really an easy modes of moving money it has really been adopted by a lot of gambling sites. Even known big casinos and sports books have been adopting this as well. Another thing is that it is easy to obtain and deposit into casinos no information required from the gambler which is viewed as a pros of using this method of gambling.

[Mvaporis1961]

Well I really think that bitcoin play's a big role in gambling,
Specially that bitcoin secures the identity of the users,
And in some bitcoin gambling sites it only needs at least 1 confirmation for your deposit to reflect on your account.