iGaming is one of the oldest forms of human entertainment. Archeologists have discovered dice, which are assumed to have been primarily used for games of chance, that historians have dated to some of the oldest civilizations in the world, including Greece and China.
We know that Romans placed bets on their favorite gladiators, chariot racers, and other athletes in their time. Horse racing has been one of the most popular sports for most of human history, and today still draws a huge crowd of punters. Needless to say, gambling is not a modern invention. However, one thing is true. Gambling has changed drastically in the 21st century. Let us take a look at a few ways in which gambling has completely changed in the past two decades.
Online Casinos Are Making a Splash
In the late 20th century, computer science was going through several advancements, which made it possible for the 21st century to make the internet widely available in households, work spaces, and even public spaces all over the world. It is very rare in today’s world that a person has absolutely no online presence at all. In order to adapt to this new, “online” world, the gambling industry has come up with the idea of online casinos.
So, just what are online casinos? Well, just as the name suggests, online casinos are websites, like Casinoburst, which feature a wide variety of all the most popular casino games. This can include poker, blackjack, roulette, and of course, one of the most popular games in the realm of online casinos, online slots.
For most of the early 21st century, online casinos could not make it big, for several reasons. One of the main reasons was that they were a new thing, and often would function unregulated and unlicensed, making the websites quite dangerous for the visitors. Today, however, online casinos have grown greatly in esteem and popularity, as they are becoming legal in more and more countries, and thus are becoming licensed and regulated by reputable authorities.
Bitcoin-based iGaming
In 2009, Satoshi Nakamoto unveiled to the world his idea for a completely untraceable, unregulated, digital currency. Bitcoin became the first, and today most celebrated cryptocurrency, which, in recent years, has become quite a bit more mainstream, and embraced in the zeitgeist. As more and more businesses are accepting bitcoin-based payment, the gambling industry is doing what it can not to lag behind.
Quite a few casinos have begun to accept crypto-based payments. The most popular crypto among casinos seems to be Bitcoin, however, other reputable digital currencies are also making the rounds. Among them, the most popular, aside from Bitcoin, seem to be Ether, Ripple, Tether, etc.
But it isn’t just land-based establishments that are now accepting cryptocurrencies. Quite a lot of online casinos have opened up to the possibility of accepting crypto-based deposits, and there are even online casinos which only accept Bitcoin as a viable method of payment.