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 .
Since deposit and withdrawals have become very convenient with these cryptocurrencies hence online gambling has become more popular. Earlier people need to verify their personal details withdraw money, so it was not convenient for many people. But more and more people prefer to play online than going to the real casino.
Yes bitcoin and other crypto currencies are playing a vital role in promoting the technology of bitcoin and in return bitcoin is also giving them a huge profit because of a larger number of anonymous members.