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Author Topic: 2013-08-18 Why bitcoin has a firm foothold in the online gambling world  (Read 3854 times)
patricktim
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August 19, 2013, 09:38:00 AM
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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.

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