Betting with bitcoin is the best access to the biggest gambling industry. It has helped users who have been hesitant of gambling with fiat. By the years to come we may see the entire gambling industry working along with digital currencies. Also gambling industry too have supported much for the growth of digital currencies.
to me i think bitcoin make it possible to bet online. otherwise when bitcoin was not so much introduce i think there were few online gambling sites. but now we can see so many gambling sites who are getting the support of bitcoin .
I have been trying to bet a lot before I was introduced to bitcoins but most of the sites used to ask documents and verification (they call i KYC ) before then can make a withdraw for me.
But after the introduction of bitcoins it has made gambling relatively very easy, I can just bet on directbet or nitrogen sports and make a withdraal without any worries of giving my documents and all.
Same here ive got to used those traditional ways on playing gambling online which you would really need to submit documents before you could able to withdraw which you have mentioned their KYC policy which is somehow hassle on my part but we dont have no choice if we do really like to play and we would definitely comply those documents that have been asked.When bitcoin is known already gambling industry booms even more because people can easily access sites without any hardships on depositing and withdrawing on the site.