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What is Bitcoin? Bitcoin is a cryptocurrency and a digital payment system invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009.
The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. Since the system works without a central repository or single administrator, bitcoin is called the first decentralized digital currency.
Besides being created as a reward for mining, bitcoin can be exchanged for other currencies, products, and services in legal or black markets.
Bitcoins in its pure essence is money. It is digital currency that serves the same functions and pu…

Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way

Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments.

VegasBetting.com study found that the US sports betting market is leading the way when it comes to accepting bitcoin as a payment method.

The study looked at the top 10 sportsbooks Globally, in the US and in Canada. All US sportsbooks welcome Bitcoin deposits with open arms.

Exactly 50% of the Canadian sportsbooks in the study have started accepting crypto currency payments.

Internationally the picture is the opposite: none of the Top 5 global sportsbooks have integrated Bitcoin to their payment systems.

In the US, normal market forces are starting to affect Bitcoin gambling, and as the competition grows, the consumer will start to feel the benefits in terms of increased bonuses and other types of promotions.

40% of the sportsbooks in the study offer a higher bonus for Bitcoin deposit compared with bonuses for credit card deposits.

In Canada, competition is not so fierce yet, and only 1 operator has started offering higher bonuses for Bitcoin deposits.

The study also found that Bitcoin deposits at sportsbooks are cheaper than credit card deposits. None of the operators in the study charge a fee for Bitcoin deposits, but some of them do charge for credit card deposits.

Read the full report:

https://www.vegasbetting.com/bitcoin-betting-sites/q2-report-2020

Contact Email Address
nikolas@viscaweb.com

Supporting Link
https://www.vegasbetting.com/bitcoin-betting-sites/q2-report-2020


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way appeared first on Bitcoin News.



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