Bitcoin Casinos – Understanding The Hype That Is Fuelling This Gambling Industry
You will understand that gambling is a hugely profitable business where the ROIs are sky high. More and more players join the industry everyday and the emergence of the internet has only speeded things up. In fact online casinos represent roughly 8% of the business generated by the industry – a number that is expected to grow significantly with each passing year. Research company H2 Gambling Capital, which values the online gambling market in terms of gross winnings, put the global market value at €21.73bn ($28.54bn) in 2012. And you will be amazed to know that these numbers are expected to grow by over 9% by 2015.
Bitcoin gambling websites currently account for a small portion of the massive industry that is online gaming. However the impressive rate with which this pseudo currency is gaining acceptance from the global online community, it is clear that an entire galore of opportunities exist in this niche area.
Online gaming is an industry that grows and prospers every day, no doubt about that. And the Bitcoin gambling websites are the latest and most profitable additions to this amazing world of entertainment through the web. The emergence of Bitcoin as the accepted online currency throughout the globe has lead to the emergence of a variety of businesses that make use of it for transactions and trade. It was just a matter of time before the gambling and casino websites that existed on the internet started to adopt it as a better and more profitable format of business.
The advantages that exist with Bitcoin currency are many. Users quote that the Bitcoin system happens to be much more low cost, speedy in terms of payment and simplicity at handling. This is the reason why online casinos are moving towards this system at a steady pace. You will also be amazed to learn that the bitcoin bets are much low in value as compared to their counterparts and you will also find many high rollers in here. All in all, the Bitcoin gambling world is pulsing with excitement and opportunities.
The games themselves are quite interesting and innovative. You can find Bitcoin dice games, online poker, roulette and many other card games can be witnessed being offered by the popular online casinos. And these are just the classics. The flexibility of this pseudo currency has generated a situation where many new and creative ideas have been developed to please and entertain the online community. And this is just the starting.
There are high hopes on the future of this niche industry and many more marvels are still expected from it. The most exciting and interesting times are yet to come. There are many online websites that offer more information and details about the Bitcoin gambling world. You can read it all and understand what it all means. Or you can simply experience these games yourself by logging on to any gambling website.
FortuneJack.com is one name you can trust.
About The Author
Kira Jones is an expert of the world of bitcoin currency and its popular use in the online entertainment industry. She recommends FortuneJack.com as the best bitcoin casino on the web and has also written many articles and blogs to help people understand what the industry is all about.