Bitcoin casinos have taken online gambling to a whole new level, not only because they offer gamblers the advantage to play anonymously but also, because anyone anywhere in the world can gamble on bitcoin casinos bypassing any countrys regulations. Bitcoin unlike Federal Reserves introduces the concept of virtual currency which is based on a mathematical formula. This is the rise of a decentralized, safe gambling environment. This is so because anyone can access the software and convert the Bitcoins. The online gambling industry is experiencing a revolution that is overly favorable to the gambler. The Bitcoin unlike most systems does not require one to fill an authentic record of information but instead offers pseudo accounts where gamblers have no physical links pointing to them. The technology allows for a single user to hold as many accounts as they please with varying addresses.