Bitcoin online gaming has become big business: in July 2013, the original online Bitcoin dice gaming site, SatoshiDice, sold for the equivalent of $11.5 million USD in Bitcoin. The unprecedented qualities of Bitcoin have resulted in many new benefits for players and operators over traditional online fiat gaming platforms. These include games being provably fair, the ease and speed with which it it’s possible to begin playing & withdraw winnings, and the transparency and fairness of games. All transactions can be checked on the public Bitcoin blockchain ledger. With the Bitcoin gaming industry more than doubling in size every year since 2011, Bitcoin gaming sites are now beginning to surpass traditional online casinos in terms of technology, security, ease-of-use and reduced overhead.
Based in Dublin, Ireland and launched in early July 2013, CasinoBitco.in is an up-and-coming online Bitcoin gaming platform. Featuring provably fair HTML5 Blackjack and Baccarat and near instant worldwide Bitcoin deposits and withdrawals, it’s a platform that fully leverages the unique properties of Bitcoin to enhance their offerings. In addition to Blackjack and Baccarat, CasinoBitco.in also offers wagering on a variety of sports including NFL, MLB, Tennis, all major international Soccer Leagues, and more. CasinoBitco.in plans to release several more casino games and sports options over the coming weeks including parlays, teasers, 1st half/halftime wagers, and props. With minimal overhead from Bitcoin transaction costs, CasinoBitco.in offers better odds and prizes to its players than traditional offshores.
With the advent of Bitcoin as the ultimate casino chip, provably fair gaming has arrived for the public. No longer must players blindly trust casino operators to give them a fair deal. Instead, players can verify each hand to ensure they are always getting the correct odds of winning. At CasinoBitco.in’s blackjack game, for example, the blackjack deck is shuffled and translated into a “hash secret” which is shown on the player’s browser. Once deal is clicked the browser sends its part of the equation: a “client secret” which the player can manually select and control. When combined, the hash secret and client seed “cut the deck”, in effect randomizing the final shuffle. It is entirely transparent: the player can change the client seed at will and can see both the client seed and hash secret for present and past games. Provably fair online gaming of this calibre is unique to Bitcoin, and CasinoBitco.in has utilized it to perfection.
Illustrating the ease with which Bitcoin facilitates online gaming – sports betting in Bitcoin is quick and easy – bets can be made from anywhere worldwide, bypassing conventional banking structures and the rigorous ID requirements of traditional online sports betting platforms. Lines are offered in the same way as with any Vegas casino. Customers simply send funds to their unique Bitcoin deposit address, login and place their wagers. If they wish to eliminate the currency risk of Bitcoin, they can easily convert their holdings back to traditional fiat instantly at any Bitcoin exchange.
CasinoBitco.in features 100% home-grown proprietary games, cutting edge provably fair technology, and a totally free to enter NFL Survivor Pool where the winner will take down 5 Bitcoin, no strings attached! With its wide variety of games including blackjack, baccarat and sports betting and its HTML5 mobile-friendly platform CasinoBitco.in is most definitely online Bitcoin gaming at its finest. Don’t forget to check out their Twitter, and Facebook pages for updates and promotions. With week 1 of the NFL football season approaching, the prime season of the casual sportsbettor has begun – and CasinoBitco.in has been hard at work to get ready.
To see CasinoBitco.in for yourself please go to: http://casinobitco.in