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kulfie
Nickel Bitcoiner
Nickel Bitcoiner
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Blockchain in GAMBLING.

Wed Jan 23, 2019 8:09 am

How blockchain is good and bad in Gambling industry?? How you people using it?

Crypnative
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 20
Joined: Fri Mar 16, 2018 4:53 pm

Re: Blockchain in GAMBLING.

Thu Feb 14, 2019 4:02 pm

Any sphere of business has its own pros and cons. And crypto gambling is not an exception. Actually, I’ve seen an article, focused on this topic — https://disruptive.asia/bitcoin-casino-bonuses-catch/ .

From what I’ve learned, crypto gambling has following bright sides:

— fast and cheap money transfers;

— anonymity, as it is hard to track transferred funds;

— pleasant bonuses.
Speaking of downsides, I think I should mention next things:

— there are some unpleasant restrictions, for instance — rollover (necessary wagering before withdrawal), deposit limitations, time limit, and game limitations;

— withdrawal conditions may vary from one to another casino.

So, answering your question, I'd like to sum up — the usage of bitcoin casinos is almost identical, as you would play ordinary online casino. Though they have some distinctions, the principle is the same.

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