Bitcoin is a decentralized currency that is independent of banks and any other external regulators. The transaction history is publicly available; that is, the algorithm of Bitcoin and all actions performed with it are open. The transaction history in the Bitcoin system is called “blockchain.” Now a new trend is formed in modern online gambling called bitcoin casino. Increasingly, owners of gambling sites in the network in addition to supporting real-world currencies are turning to cryptocurrency solutions. And here Bitcoin holds the leading position, as one of the most popular virtual currencies today. If you are looking for them to open this type of casino pay attention to this article which we believe will assist you to realize your dream. But for this purpose, you should follow some steps and get introduced with the essential information.
What is Bitcoin, and how is it related to the casino?
Bitcoin is connected to the casino very closely. You could even say that Bitcoin is one of the engines of progress in this area. The casino is now actively promoting the idea of bitcoin wallets to the masses, demonstrating the possibilities of cryptocurrency. Therefore, the creation of this type of casino can bring you a good income, a perfect one.
Is there any software for bitcoin gambling establishment?
Of course, have! Many large providers several years ago picked up this idea and started writing a script of a casino of bitcoin. Some have their platform. Microgaming company, Amatic, Playtech company have long been offering customers to introduce games for bitcoin institutions. One of these games in 2014 brought casino revenue of $ 11 million.
Since this type of casinos has become a profitable gambling business, an offer of special software has appeared on the market. Several leading developers are ready to offer their customers high-quality cryptocurrency solutions.
There are two ways to open a casino with the ability to bet on bitcoins:
- Buy a Bitcoin casino script and integrate it on your online casino site. Thus, players can access bets not only in conventional currencies (the set of currencies depends on the region of the online site), but also bets on bitcoins.
- Buy Bitcoin casino – full-fledged software and integrate it on a new site specially designed for this purpose. As a result, you get a casino, transactions in which are carried out only in cryptocurrency.
According to experts, both ways are working and promising. Cryptocurrency is a unique means of payment, which has clear advantages over other types of currencies. It becomes a factor that attracts visitors.
Follow the legal procedures
For online casinos to function in a legal field, you must register a company and obtain the appropriate licenses. After solving legal issues, several technical problems will be overcome – the creation of a gambling resource, the integration of games, etc.
Who are casino customers on bitcoin?
Online casinos, in which bitcoins are used as the only payment system, have several competitive advantages and attract a large number of progressive users. Some features need to be taken into account when launching an online casino on Bitcoin. Solvent, wealthy people who love excitement or programmers, economists are customers.
What is the main benefit of the casino of bitcoin?
The answer to this question is simple- confidentiality. Disclosure of personal data of players is wholly excluded. Bitcoin betting provides absolute secrecy, which is an essential criterion for choosing a website for many players. Not all users would like to spread information about themselves and their winnings.
For betting on bitcoins do not need to enter any personal data – just an email address and code number.
The continuously changing world is bringing new business ideas like Bitcoin casinos. If you are looking the answer of question can o open my casino on bitcoin? Of course, it is possible on condition that you follow the requirements above-stated.