Post
Topic
Board Gambling discussion
Re: Why Is Bitcoin Gambling Industry So Successful in the World?
by
Thanasis
on 31/10/2017, 05:47:30 UTC
because it allows people to gamble from any location and with any device without having to use any identification or reveal themselves and all they need is a bitcoin wallet, in addition those websites are very dynamic concerning withdrawal and deposits.
This is the major reason why people are highly involved in gambling with bitcoin and other digital currencies because in this way they can fulfill their desires of making money with gambling without revealing their identities as compared to real world casinos.

Bitcoin provides you with high level of privacy which ultimately let you enjoy your luck and game without having fear of getting caught by family or friends.

The main reason for their success is from people's greediness.Mostly all people gamble for become rich very easily but many of them don't know the probability of winning in gambling is very very less.So many people gamble but they ended up losing their money which is the profit for gambling industry and makes them success.

Yeah,you are totally correct which is the main reason for gambling industry's success.Still there are some reasons for their success in bitcoin gambling are anonymity is the major reason why many prefer Bitcoin. Maintaining it in the e-Wallet is completely anonymous. For instance, depositing and withdrawing through Bitcoin eWallet is anonymous on its own, but in a really great Bitcoin casino, the process of signing up also is completely anonymous. Sites with features like these are the ones that attract many players.

This is another great reason why people prefer Bitcoin. Players and casinos do not get charged when depositing or withdrawing. Bitcoin currency does not increase its value when in your account. However, when the stock is high, you will benefit hugely from making a deposit when BTC is high and enjoying the rewards of promotions.