Why Is Bitcoin Gambling Industry So Successful in the World?

[cjmoles]

Deep down, I believe that Bitcoin was conceived, in large part, to remedy over regulation in the gambling industries ---> so people could gamble without having to deal with the regulatory uncertainties in their jurisdictions.  I'm not saying Bitcoin was specifically conceived for that purpose but it was a significant factor in my opinion.  It was first conceived just after the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) so it seems that there may have been a connection, a sentiment to motivate its creation at least.

[Juggy777]

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st​ most successful casino was Satoshi Dice,​ which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

Gambling is the most favored passion for everyone, look at Las Vegas, Macao, and with bitcoins it's easier to play, no need to risk your Fiat, no one knows how much you played and it's super easy and super fun. Not all countries allow gambling so with bitcoin, it's easier and quicker, no need to show your Fiat, and yet earn and plus over a time your money increases in Bitcoins. So yes I also prefer to gamble a lot in Bitcoins.

[paul00]

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st​ most successful casino was Satoshi Dice,​ which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

Gambling is the most favored passion for everyone, look at Las Vegas, Macao, and with bitcoins it's easier to play, no need to risk your Fiat, no one knows how much you played and it's super easy and super fun. Not all countries allow gambling so with bitcoin, it's easier and quicker, no need to show your Fiat, and yet earn and plus over a time your money increases in Bitcoins. So yes I also prefer to gamble a lot in Bitcoins.

Yes youre right even though there are alot of activities that do not envolve youre money. Gambling is the best way to spend our time and our money.

[Caladonian]

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st​ most successful casino was Satoshi Dice,​ which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

Gambling is the most favored passion for everyone, look at Las Vegas, Macao, and with bitcoins it's easier to play, no need to risk your Fiat, no one knows how much you played and it's super easy and super fun. Not all countries allow gambling so with bitcoin, it's easier and quicker, no need to show your Fiat, and yet earn and plus over a time your money increases in Bitcoins. So yes I also prefer to gamble a lot in Bitcoins.

Yes youre right even though there are alot of activities that do not envolve youre money. Gambling is the best way to spend our time and our money.

Spend money is not fun when you are so aggressive for sure it will not exciting and enjoyable if you are losing to much, those successful gambling house offers anonymous betting so I'm sure there's a lots of hidden gambler that love sparing their time.

[ethereumhunter]

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st​ most successful casino was Satoshi Dice,​ which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

Gambling is the most favored passion for everyone, look at Las Vegas, Macao, and with bitcoins it's easier to play, no need to risk your Fiat, no one knows how much you played and it's super easy and super fun. Not all countries allow gambling so with bitcoin, it's easier and quicker, no need to show your Fiat, and yet earn and plus over a time your money increases in Bitcoins. So yes I also prefer to gamble a lot in Bitcoins.

Yes youre right even though there are alot of activities that do not envolve youre money. Gambling is the best way to spend our time and our money.

Spend money is not fun when you are so aggressive for sure it will not exciting and enjoyable if you are losing to much, those successful gambling house offers anonymous betting so I'm sure there's a lots of hidden gambler that love sparing their time.

that is why before we are playing gambling, we need to control our emotion so no matter what will happen with loss or win, we are not too aggressive in games. beside that if you want to playing gambling, decide how much money you want to gamble and if you are win then determine how much profit you want and if you are loss, then limit your loss so you don't have to loss much money.

[noormcs5]

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st​ most successful casino was Satoshi Dice,​ which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

It is true, bitcoin promote the online gambling world and give the success of it. Bitcoin has a credit of in it. Me and most of the other bitcoin gamblers come in bitcoin online gambling sites because when they know about bitcoin then without any thought they started online gambling with bitcoin, and dice is famous game, that's why it is also famous and interesting game since now in bitcoin online gambling world.   

[casinolize.com]

It is anonymous. That is the main reason for it to become so popular.

[wxa7115]

I've just read an interesting article about popularity of Bitcoin gambling. The article identifies six reason why Bitcoin gambling is that successful. Bitcoin casinos started being successful in 2012. The 1st​ most successful casino was Satoshi Dice,​ which is a simple site that offers gamblers access to various dice rolling games. This surprising success sets precedent for the gambling industry. Full Article

The reason that gambling is so successful in bitcoin is because bitcoin is a perfect match for gambling, gamblers love to bet but they hate to go through all the KYC measures that fiat casinos make them go through, with bitcoin they can avoid that bet as much as they want and their name is not associated with them and their gambling accounts, and as such gamblers are deciding that they prefer bitcoin casinos over fiat casinos

[BossMacko]

One reason why Bitcoin Gambling Industry is very successful is because it is better than any other online casino who uses $ etc etc, The transaction or moving your money to one place to another is very easy in Bitcoin though its not that instant anymore but it is better compared when you are transferring dollars , php or any other currency in online gambling site, Another reason is that casino will not be able to know you in Online Bitcoin Gambling because you don't need to input lots of details.

[illicit]

I thinknit is very successful because the player is anonymous and even the country who are against gambling could play because of it,
And it is very easy to access everyone could play.

[eann014]

Is it because it is convenient to gamble even at home while we are with our family. And we don't need to travel and go outside just to play gambling in casino's. Bitcoin gambling is easy to access as long as we have an internet connection.

[wxa7115]

It is anonymous. That is the main reason for it to become so popular.

That is not the only reason bitcoin is popular among gamblers because it is simpler to use, and because you do not have to go through a lot of the hassles that regular casinos try to put you through, if you deposit money in a fiat casino everything is ok, but if you have tried to withdraw money you know very well the amount of obstacles they are going to put in your way.

[passwordnow]

Gamblers now are lazy to get up, dressed well and bring cash just to gamble in slots and other games in the casino. That's why the success of bitcoin gambling in the world is unexpected. We never knew that many hard core gamblers like the idea of gambling with crypto currencies since it's just the same that you are gambling with real money. Lowered deposits, good support and convenient gambling experience.

[klf]

It is anonymous. That is the main reason for it to become so popular.

That is not the only reason bitcoin is popular among gamblers because it is simpler to use, and because you do not have to go through a lot of the hassles that regular casinos try to put you through, if you deposit money in a fiat casino everything is ok, but if you have tried to withdraw money you know very well the amount of obstacles they are going to put in your way.

It is nothing but all transactions and playing is anonymous so bitcoin gambling has become so much popular. In crypto gambling, no one knows who is playing these games as long as they get deposits then they can start gambling and for withdrawal also they don't ask any personal details because to keep things anonymous. In this type of gambling, the main issue is even underaged people also can start gambling.

[crwth]

Gamblers now are lazy to get up, dressed well and bring cash just to gamble in slots and other games in the casino. That's why the success of bitcoin gambling in the world is unexpected. We never knew that many hard core gamblers like the idea of gambling with crypto currencies since it's just the same that you are gambling with real money. Lowered deposits, good support and convenient gambling experience.

This is what I can agree to, knowing that people are generally getting lazier especially in the technology that we have now, that's pretty hard to do. It is definitely something that we need to keep track of, our money and how we can be effective with our games.

[Siren]

Gamblers now are lazy to get up, dressed well and bring cash just to gamble in slots and other games in the casino. That's why the success of bitcoin gambling in the world is unexpected. We never knew that many hard core gamblers like the idea of gambling with crypto currencies since it's just the same that you are gambling with real money. Lowered deposits, good support and convenient gambling experience.

This is what I can agree to, knowing that people are generally getting lazier especially in the technology that we have now, that's pretty hard to do. It is definitely something that we need to keep track of, our money and how we can be effective with our games.

LOL. I may be the one of the laziest out there. And gambling with bitcoin make it even worst. I can literally play at my room with no clothes and win. Unlike going to a real casino which requires you to get up and dress. Of course, the ambiance of a traditional casino is different because there's a lot of people and its noisy, however, with crypto gambling if you really want privacy you can play online as much as you want without the noise and everything around you.

[TrueCryptonaire]

Bitcoin is an online currency which is quiet popular amongst internet users and most popular way of increasing your bitcoins is gambling. Most of the persons here think of gambling as a quick way of increasing their bitcoins in short time and for some it is a way of entertainment and loosing the money that they can afford to loose. So entrepreneurs do take advantage of this opportunity and make online casino to serve increasing number of online gamblers and they make the house edge also lower like 1% so as to attract more number of gamblers due to reduced house edge.

[fabrizoc]

Gamblers now are lazy to get up, dressed well and bring cash just to gamble in slots and other games in the casino. That's why the success of bitcoin gambling in the world is unexpected. We never knew that many hard core gamblers like the idea of gambling with crypto currencies since it's just the same that you are gambling with real money. Lowered deposits, good support and convenient gambling experience.

This is what I can agree to, knowing that people are generally getting lazier especially in the technology that we have now, that's pretty hard to do. It is definitely something that we need to keep track of, our money and how we can be effective with our games.

LOL. I may be the one of the laziest out there. And gambling with bitcoin make it even worst. I can literally play at my room with no clothes and win. Unlike going to a real casino which requires you to get up and dress. Of course, the ambiance of a traditional casino is different because there's a lot of people and its noisy, however, with crypto gambling if you really want privacy you can play online as much as you want without the noise and everything around you.

It totally depends upon a person’s nature. Some people like land based casinos; some prefer online gambling while others don't even try this game.

Everyone has his own taste and we cannot criticize anyone for his likes or dislikes. Unlike you, I am addicted to the environment of traditional casinos. They are far better in providing soothing atmosphere.

[LuffyD.Monkey]

It is anonymous. That is the main reason for it to become so popular.

That is not the only reason bitcoin is popular among gamblers because it is simpler to use, and because you do not have to go through a lot of the hassles that regular casinos try to put you through, if you deposit money in a fiat casino everything is ok, but if you have tried to withdraw money you know very well the amount of obstacles they are going to put in your way.

It is nothing but all transactions and playing is anonymous so bitcoin gambling has become so much popular. In crypto gambling, no one knows who is playing these games as long as they get deposits then they can start gambling and for withdrawal also they don't ask any personal details because to keep things anonymous. In this type of gambling, the main issue is even underaged people also can start gambling.

For all those people who really think that their gambling activities can stay anonymous, they must search for ISPs. If gambling is not an issue and gambling sites are not banned within the state, one can gamble without the effort of staying low profile. Moreover, gambling with bitcoin is a bad idea.

[btcprospecter]

It is pretty much the same as any online betting service except for the currency used. I suppose it is easier to use bitcoin for gambling as it can be used globally and anonymously. I personally prefer to use Fiat gambling as I like having physical winings in my hand.