Online gambling has been on the Internet for years now. This Internet-based department has granted millions of gambling aficionados with unsurmountable possibilities to fulfill their gambling pleasures.

1. Common Questions About Bitcoin
Gambling Now Answered
Bitcoingg.com

2. Online gambling has been on the Internet for years now. This Internet-based department has granted
millions of gambling aficionados with unsurmountable possibilities to fulfill their gambling pleasures.
Needless to say that online gambling is one of the most successful branches that thrived within the
constant progress of technology.
Given that online gambling is a successful form of entertainment, society cannot take away the fact that
gambling per se is still taboo among other parts of the world. Therefore, even if this niche operates on a
decentralized network, countries that view gambling as illegal still have the power and authority to seize
its operations and sanction those involved.
This detrimental factor signaled online gambling’s slow progress even in today’s century. As such,
numerous gambling aficionados are given the feeling that they are stripped of their privilege because of
this limitation.
After years of restraint, the online gambling industry started to boom again right after Bitcoin was
introduced to the iGaming sector. Of course, because of this surprising comeback, several Internet users
are now more curious about Bitcoin.
‘What is Bitcoin?’
For sure, this is always the initial question when speaking of Bitcoin gambling. For starters, Bitcoin is
categorized as a cryptocurrency or digital money that is created for the sole purpose of establishing a
decentralized transaction network wherein users are given full power and control over their currency.
In addition, Bitcoin is acknowledge on every part of the world and can be transferred and exchanged
overseas with minimal to no transfer fees at all.
That being said, Bitcoin in itself has the capabilities of overhauling the current transaction landscape for
the better.
Basing on these characteristics, it is obvious that Bitcoin certainly holds a great chance of surpassing
today’s traditional currency. This fact alone makes this cryptocurrency such a hit on the iGaming market.

3. ‘In online casinos, why do gamblers
prefer Bitcoin over the conventional
currency?’
The reason why online casinos cannot achieve greater heights is because of the currencies that are used
for gambling. As mentioned earlier, online gambling is still not accepted on most parts of the globe.
Since real money reports to the government, authorities have the right to control its transaction flow.
Unlike real-money currencies, Bitcoin reports to no one as it is functioning on a decentralized network.
No one literally owns Bitcoin hence, no one has the right to control its transaction flow. Likewise, Bitcoin
can be easily used on any functions, and these functions are similar to that of fiat currencies’ purposes.
‘If both are of the same purposes, then
what are the specific reasons that make
Bitcoin greater than traditional money?’
Although Bitcoin functions the same as to today’s traditional currencies, it still has features and
functions that made it immediately appeal to users, especially to online gamblers:
Because of the prevalent issues and conspiracies arising with financial accounts, Bitcoin’s creator Satoshi
Nakamoto has equipped this cryptocurrency to what is believed to be its greatest asset—its ability to
conduct anonymous transactions. Compared to real money that requires undergoing rigorous
confirmations and registrations, Bitcoin can be spent, sent, and used instantaneously with just a click of
a button.
Given Bitcoin can be used for gambling, players are now able to gamble without the need to fear about
their identities’ security and other unfortunate occurrences that may happen in online gambling.
On another note, before Bitcoin made its way into the iGaming market, online casinos are notorious for
manipulating game results for the benefit of the casinos’ operators. This is another detrimental factor
the restrained the online gambling industry to further propagate.
However, Bitcoin strips off this fear by introducing the revolutionary provably fair feature. Unlike fiat-
running online casinos, Bitcoin casino games are equipped with the provably fair function, which allows
gamblers to review every game result for its authenticity and legitimacy. Since then, online gamblers
started moving on Bitcoin-powered platforms because of this feature.

4. ‘What are the special offers in the Bitcoin
gambling industry?’
Even from a simpler perspective, the Bitcoin gambling industry is still a gargantuan sector that houses a
variety of gambling games that are sometime obscure from a layman’s perspective.
The common misconception about Bitcoin gambling is that it is only limited to casino games like slot
machines and card games that are familiar to the mainstream market.
However, the Bitcoin gambling niche is more than slot machines. Due to Bitcoin’s ever growing
development, it opened more doors for gambling categories to join the revolution.
Here are some of the interesting departments that the Bitcoin gambling industry houses:
1. Bitcoin poker
Although this can sometimes be categorized as under Bitcoin casinos, Bitcoin poker has its own
department in the Bitcoin gambling industry. This is because of its widespread popularity among card
enthusiasts. Now powered by Bitcoin, Bitcoin poker offers more extensive sets of poker game variations
that come with lucrative jackpots as well.
2. Bitcoin dice and wheel of fortune
These two games seem to not make it into the iGaming market because of its atypical game setup that
requires physical objects (i.e dice and wheel). However, because of its popularity both games make it
through the online gambling industry with the help of Bitcoin. In fact, the very first Bitcoin gambling
game to be introduced is Bitcoin dice. Therefore, this game functions as a vital stepping stone for the
Bitcoin gambling industry.
3. Bitcoin predictions and investment games
Bitcoin predictions and investment games are among the latest additions to the Bitcoin gambling
industry. Bitcoin predictions like Bitcoin sports and race betting base its wins on real-time events like
basketball and horse races. In addition, Bitcoin prediction hosts wagers for current events like politics.
On the other hand, Bitcoin investment games functions the same way as to the prediction market.
However, it focuses on real-world finance. Aspiring Wall Street virtuous and seasoned investors can
certainly enjoy Bitcoin binary options as it accepts wagers for the currency inflation rate and commodity
rate of the mainstream market.

5. ‘Is Bitcoin gambling worth the try?’
Considering its amplified features like security, fairness, and variety of categories, the Bitcoin gambling
industry is worth the try. Not only you are guaranteed of enjoyment and satisfaction, you will also be
able to discover new things and experiences that money or Bitcoin cannot buy.
Sources / References:
Bitcoin Gambling – http://www.bitcoingg.com/
Bitcoin Forex – http://www.bitcoingg.com/forex/
Bitcoin Binary Options – http://www.bitcoingg.com/bitcoin-gambling/binary-options/