Skip to main content
Will Bitcoin Gambling Offer Partial Cashouts Soon?

Will Bitcoin Gambling Offer Partial Cashouts Soon?

Chris in Bitcoin Gambling published on 28, September 2015

The iGaming industry achieved another milestone after sports betting platform Colossus Bets announced on Sept. 25 the launch of its revolutionary slot game called Colossus Fracpot.

Colossus Bets is the first to introduce online sports bettors to the unique ‘partial cashout’ option that yields several gambling advantages to their game bets.  Since it was a successful hit in the market, the sportsbook then aimed to advance its innovative feature to the online casino department.

Through its partnership with the software provider CORE Gaming, Colossus Bets was able to materialize the Colossus Fracpot slot game that offers the same groundbreaking cashout feature.

Notwithstanding its fresh stature in the market, Colossus Fracpot effortlessly takes the spotlight because of this exclusive feature that is a world’s first in the online casino market.

Colossus Fracpot pioneers partial cashouts in online slot games

Although it shares virtually the same aesthetics and visuals seen in traditional online slots, Colossus Fracpot possesses greater advantages over other games of its genre because of its partial cashout option.

Unlike the conventional slot games that are designed to let players go through an all-or-nothing gameplay, Colossus Fracpot is equipped with an option that allows gamblers to cashout partial amounts of their current bankroll in the middle of a game or while the reels are spinning.

Through this option, online gamblers are given more options of landing a win and bringing home a prize, regardless of the final outcome of their game.

According to Colossus Bets Founder and CEO Bernard Marantelli, the partial cashout feature has become a vital component to the on-going success of its sportsbook and believes that this feature will certainly transform the current status of the online casino market:

“We believe that the application of partial cash-out to other gaming verticals will have a similarly transformational impact. The Colossus [fracpot] slot is the first in what will be a series of gaming products enabling players to bank profits as they progress through a game.”

Colossus Bets and CORE gaming have made Colossus Fracpot available on Sky Vegas casino for bettors who wish to experience first-hand the perks of the game’s partial cashout feature.

Revolutionary cashout feature and the Bitcoin gambling industry

Considering that the Colossus Fracpot cashout feature can bring tremendous amounts of advantages for the players of Bitcoin slots, this game is still limited to the amusement of fiat currency gamblers as of writing.

However, it is still possible for the Bitcoin gambling industry to experience this cutting-edge online slot due to coincidental factors.

Through BetConstruct, one of Colossus Bets current partners, Bitcoin casino and gambling sites will be able to gain knowledge of the Colossus Fracpot game. This possible advertisement or promotion will eventually lead to Bitcoin gambling platforms’ subscription to the game.

The chances for this kind of scenario to happen are highly possible since BetConstruct is a fiat-dedicated software provider that accepts Bitcoin payments through Cubits. The only underlying question to this matter is: when will Bitcoin gambling have this feature?

Nevertheless, Colossus Fracpot’s innovative feature introduces a new stage of development for the online slot department and the iGaming industry as a whole, and it serves as a beacon of innovation for the thriving Bitcoin gambling market.

Like this article? Place your comments below