More Bitcoin Online Gambling Sites Than Ever Before

A few short years ago Bitcoin was rare. It was a niche payment method that you just couldn’t find on many gambling sites. A short time passed and things changed, with Bitcoin gambling site seeing setup to cater for this niche. These days the number of these sites has grown exponentially. They are bigger, better and more advanced than ever, which has ushered in a new era of cryptocurrency gambling.

If that isn’t enough to excite and intrigue you, then we don’t know what is.

How Many Bitcoin Gambling Sites are There?

Recent studies have suggested that of all gambling sites out there, more than 10% use Bitcoin. This is not a huge number and there is certainly a long way to go, but it means that Bitcoin is as popular as methods like eCheck and POLi, and it’s not too far away from being as popular as web wallets like UKash and Neteller were in their early days.

There has been a major change in the way that these site run as well. In those early days of Bitcoin gambling, the setup was so unique that you needed to offer only Bitcoin if indeed that’s what you wanted to do. It was very rare to find gambling sites that offered Bitcoin as a payment option alongside methods like PayPal and Skrill.

But thanks to an increased demand for these services, that could soon be about to change.

The New Changes to Bitcoin Gambling Sites

There are plans afoot to start incorporating Bitcoin payments into casinos that currently accept may other payment methods. This means that in the near future you might be able to use Bitcoin to gamble on casinos like Bet365 and Betway, right alongside other, more popular payment methods. This seems like a stretch right now as there is a lot of work that needs to be done, but that work is ongoing and that’s a big plus.

The best online casinos want it because the players want it, and that means that the developers are working hard to make it happen. The only question is, will Bitcoin remain strong enough in the meantime in order to make this a justifiable change?

Future of Bitcoin

The good news for anyone waiting for this change is that Bitcoin seems to be on the up. Many thought that it would collapse, but that hasn’t been the case. 2017 has been its best year yet. In the summer of this year it reached $3,000 per coin, even though just 18 months earlier it was available for nearly a tenth of that amount. What is even more staggering is that in the early days of Bitcoin several coins could be bought for less than a dollar. A huge number of these coins we actually used to buy a pizza in what was the first ever Bitcoin payment.

That pizza, if bought today, would have cost millions of dollars.

That shows you just how far this currency has come. Yes there have been some downturns and yes the road has been bumpy. But that was to be expected and the good news is that it seems to be over the worst times and it is looking forward to a long and bright future.