Daily fantasy sports are a big business nowadays. However, it has encountered some obstacles like legal challenges. These problems can easily be solved by turning to Bitcoin, which would also greatly improve the payment system. Daily fantasy sports is slowly gaining ground in Bitcoin gambling.
“First conceived in 2007, daily fantasy sports managed to get through its birthing pains and developed into the billion-dollar industry it now is. The two big operators, FanDuel and DraftKings, managed to grow the market through aggressive marketing and promising big jackpots for winners. It also helps that the DFS community has been fanatical in spreading the word. DFS burst into the mainstream in late 2014 and has become a prominent online gambling market. This, however, has resulted in a problem for operators.”
mBit Casino plans to reward its loyal players this December. It will be running a tournament of who has wagered the most this month. At the end of the year, the casino will then reward those who wagered the most, with the biggest share of the 10 BTC pool.
“The player who will top the leaderboard gets the largest share of the prize pool. A 1.75 BTC price will go straight to the lucky player’s account as the special gift for playing the Bitcoin slots at mBit Casino. The second and third placers will receive 1.25 BTC and 1.00 BTC each. Players who want to earn the three largest prizes must start playing the slots on board.”
“BitcoinGG: Tell us about your brand, what are the strong points and what differentiates you from the competition in Bitcoin dice games?
JC: We are the world’s 1st fully decentralised gambling platform. vDice.io does not itself have any server architecture. It is an entirely new paradigm. All the code and logic for the game live on the p2p network that is Ethereum. It is like sticking a game on a giant ‘world-computer’ that can never but shut down. The implications are profound. We are only at the beginning of that.”
Southeast Asia is an untapped market for online gambling. For operators who want to enter it, they may want to get some expert advice. This is what they will get if they attend next year’s ASEAN Gaming Summit in Manila, Philippines.
“Another important discussion will be on the emerging eSports gambling sector. With more than 205 million viewers each year and with prize pools per tournament reaching $18 million, a lot of operators will find it a tempting market. The seminar will discuss the potential for operators in eSports betting in ASEAN and what can be done.”
BitStarz is one of the biggest names in the Bitcoin Casino market. Bitcoin Gambling Guide talked with Olle Dickson, BitStarz’s Marketing Manager, to get a glimpse behind how the casino works and his opinion on the current state of the industry.
“BitcoinGG: How do you see the future of bitcoins and online gambling?
OD: Well, first of all I think there’ll be more and more casinos starting to adopt Bitcoin as a currency. I’d be surprised if we didn’t see some bigger casinos accepting it soon, they’re just a little slower in general when it comes to adopting new things.”