Bitcoin has changed a lot of peoples opinions about how online gambling payments can be made anonymously, and many operators and software companies have jumped on the bandwagon by offering a whole slew of services relating to the most popular cryptocurrency. The BetCoin Bitcoin Entertainment Network (BBEN) is one such company, and they have taken another step in the direction of adding options for players who prefer bitcoin with virtual sports betting.
How Their Virtual Sports Betting Platform Works
Virtual sports betting works by simulating sporting events and giving players around-the-clock action that they can follow on their desktop or mobile device. The mobile integration is what really makes this new platform stand out because it allows players to follow the virtual sports games while they are out and about. This means no unnecessary breaks in the action, no matter what kind of stakes the player is comfortable with, and that's what many sports betting fans are really after in their experience.
Why Virtual Sports?
Virtual sports are important because there is a fundamental weakness in sports betting: The games aren't always going. Different sports have their own seasons, and if you're a fan of one particular sport, then you have to wait until the next season to start once the current one is over. That can really bring down the fun of the experience, and that's where virtual sports betting fills in. This product allows players to follow virtual sports like dog racing, football (soccer), tennis and horse racing. Other sports are expected to be released down the line as well.
Future of Bitcoin Online Gambling
The process of companies opening up to bitcoin deposits, withdrawals and wagers hasn't been a completely smooth one, and many players are hesistant to use the cryptocurrency for playing at online casinos because of how volatile it can be at times. Their issue is that letting the currency sit in their account balance for a few days can be a bigger gamble than actually playing the games because the value of bitcoin has fluctuated so much over short periods of time in the past. Most of that is over with now, and many sites allow you to deposit or cash out in bitcoin while maintaining your balance in a more stable currency, and that has settled a lot of concerns.