Wednesday 20 April 2016

The popularity of bitcoin as the digital currency has enabled a new economy to flourish in parallel to the existing traditional currency based economy. While bitcoin transactions continue to gain popularity, they have also enabled a new arena for gambling, gaming and lotteries through online bitcoin casinos. 
What are bitcoin casinos?
Bitcoin is the most popular digital currency or cryptocurrency. 
A few online casinos transact only in bitcoins, while others offer bitcoin as additional currency of transaction, in addition to transactions in traditional currencies like USD. 
There are growing numbers of online casinos which offer gambling and money based games in bitcoin currency. Bitcoin casinos operate from all over the globe, though they are supposed to be subject to local laws. Through bitcoin transactions, these casinos offer a wide variety of options for players to bet their bitcoin money on:
  • casino games
  • gambling games
  • sports based betting
  • online lotteries
  • spread betting
A few popular bitcoin casinos are - Satoshidice, Crypto-Games, Rollin.io, FortuneJack and betcoin

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