The way Bitcoin is changing online gambling industry (continued)

In the previous article we started discussing advantages of using Bitcoin as payment method at online casinos. If we shortly sum up what was said back then we will see that the maid strong sides of using Bitcoin are:

– Complete anonymity.
– Minimal operating costs.
– Instant deposits.
– No one can freeze your assets.
– You can make transactions 24 hours a day and 7 days a week.

Online Casino + Bitcoin = Hybrid Online Casino

Many people are still not familiar with the concept of a hybrid casino, when in fact – it is not at all as difficult as it may sound. Hybrid means a combination of two or more things, and if we are talking about casinos, then we are talking about a combination between a digital currency (Bitcoin in this case) and the world’s major currencies (for example, USD, EUR, GBP, AUD and so on).

What are the advantages of a hybrid casino? Well, first off a player immediately gets more capacity on his hands. But there is one really important advantage when it comes to cashing out your money. Since you can buy Bitcoins with any world currency, and then exchange them later for the currency at a hybrid casino, it gives maximum freedom and speed in the passing of your payments.

So you no longer need to keep your money in the casino and the removal of Bitcoins is instantaneous and with no commission. Users can simply send money to their Bitcoin-casino accounts, and if they win, then immediately get the winnings + the money can be instantly transferred to their Bitcoin accounts. So the players always have full control over their money.

In a few words, the main advantages of hybrid casinos are as follows:

– Such casinos could be perfect for both standard currency and Bitcoin players.
– They could offer instant withdrawals for Bitcoin and all other currencies.
– No minimum deposits set.

All this being said we honestly hope that such online gambling market leaders as Microgaming, Playtech and RTG will make serious moves towards popularization of Bitcoin in their casinos as soon as possible. Meanwhile we as players will do all it takes to show them just how convenient it could be for us to have this crypto currency as one of available standard payment methods.

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