How does Bitcoin change the online gambling market?

Integration of Bitcoin as a means of payment is one of the most important events in the history of online gambling. Today, this process is actively continuing, and this year should become a landmark for the cryptocurrency. It is not a surprise that this digital currency may provide many advantages. Besides, you can play online gambling for Bitcoins everywhere, even in a country where it is strictly regulated or prohibited.

How does cryptocurrency influence the online gambling market? The participants of RGW Moscow 2015 (June 3-4, 2015) will discuss this issue and other aspects of the gambling and Bitcoin industry. In this article, we will cover three secrets of incredible success of cryptocurrency in the virtual gambling industry.

Decentralization

Many people believe that decentralization is one of the engines of the Bitcoin system. In fact, thanks to this feature, the cryptocurrency is now actively influencing the World Wide Web and allows the Internet to be independent from the "centres of information accumulation" (servers).

With the development of innovative devices that provide access to the Internet, users have the opportunity for more secure storage of their information. For example, you can restrict access of unauthorized persons to confidential data (usernames, passwords, etc.). Realizing this, the operators of  Bitcoin casinos implement innovations in their establishments, making the industry more attractive.

Instant payment processing

The second reason why Bitcoin actively penetrates into the online gambling is associated with the financial aspect.

Traditional payment policy for online casinos, poker rooms and betting shops causes many problems for players.

The process associated with the deposits or funds withdrawal sometimes takes a lot of time. In this case, the commission is too high, as if you should pay for air.

There are chances that the implementation of Bitcoin is an excellent solution to the above problems.

The main advantage of the cryptocurrency is instant transfer of funds from one purse to another, full transparency of all executed transactions, enhanced security of tools and personal data.  You can receive your winnings as quickly as possible, because there is no need for additional inspections, commissions and other similar things.

Owner anonymity

Bitcoin like other cryptocurrencies significantly reduces the possibility of identification because cryptocurrencies are characterized by the highest level of anonymity.

Users of Bitcoin are mostly young people for whom the innovations have become a part of their everyday life. These people confirm that cryptocurrencies are strong today, despite frequent fluctuations in market rates.

It is obvious that not only the price of Bitcoin makes it strong. The point is that people need it, because it can make their lives easier, and in this respect, it has a huge potential.

The development of cryptocurrency gambling does not differ from any other new business. Steps of its formation are dynamic, but it is still very far away from the market limit.  The rapid growth will be inevitably followed by the emergence of new major players and new business rules for interaction with state regulatory agencies.

What is the current state of the Bitcoin-casino market? How will it be developing in the future? What new possibilities does Bitcoin open up for the gambling industry? Influential speakers of RGW Moscow 2015 will shed light on the most pressing issues and show practical examples of how to earn an income via any Bitcoin-site.

We invite you to join the event. Sale of tickets is already opened at the website, where you can also find detailed information about the event.