Gambling has been made easy for players and bettors with online bitcoin casinos. The ease and convenience of bitcoin gambling made it grow over the years. Bitcoin has brought many changes that could not have been possible with the traditional casino or gambling system. Bitcoin casino has perks that keep attracting people to learn more about them.
It is an ever-evolving industry, which explains why many bettors rely on bitcoin casino statistics to keep themselves updated. Bitcoin casino has stats that you should find out if you’re interested in keeping up with the gambling and casino trends.
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1. The sum of all bets increased by 60%
In the first three months of 2022, SOFTSWISS reported that the sum of all bets has increased by approximately 60%. In the first quarter of 2021, there were exactly 10.968.639.316 bets, while there were 17.510.496.712 bets in the first quarter of 2022.
One of the factors that caused this change is the increase in the number of online betting platforms and players.
2. Increase in the number of crypto users in the first half of the year
The number of crypto users increased massively in the first six months. The significant support and systems that made bitcoin in gambling popular contributed to this. In the first half of 2021, crypto users increased from about 100 million to over 220 million. It is not a type of increase that many new platforms have.
Many online payment systems were ready to support the crypto move, which made bitcoin casinos gain more popularity. Accordingly, they saw the potential in it and plunged.
3. 44% globally purchased or traded game items on the blockchain
A report from Statista showed that only 44% of gamers purchased or traded blockchain or game items in 2018. It is not up to half of the total population of gamers on the blockchain, but it shows that there are crypto enthusiasts as far back as 2018 who are interested in the blockchain and involved in it.
This exciting but unpopular data shows that cryptocurrency has come a long way since its boom in 2021.
4. The global online casino market was worth approximately $57 million
Global online gambling will grow at a CAGR of 11.31% by 2025. This estimation is between 2020 and 2025. The market was estimated at $57.11 billion in 2020 and will grow to $97.69 billion by 2025.
5. The crypto casino market value is approximately over $200 million
The integration of bitcoin casinos in the crypto market has contributed to the rise of the crypto market value. Crypto Wisser recorded the crypto casino market value to be over $250 million. Since most casinos accept bitcoin, only 20 of the over 20,000 cryptocurrencies dominate about 80% of the market. Crypto Wisser recorded the crypto casino market value to be over $250 million.
6. 86% of gaming executives supported blockchain in the gaming industry
Statista surveyed gaming executives in 2019, and over 80% of them mentioned how the presence of the blockchain in the gaming industry has made games more secure, established customer trust, protected IPs, and cut costs.
7. More than 300 bets accumulate from players each second
Players spend three Bitcoins each minute they place a bet. These bets mean more for the industry and are part of the fuel that keeps it going. It shows potential for even more growth in bitcoin casinos or gambling.
Conclusion
These stats can help you stay ahead of the game and increase your earning potential. Bettors or gamblers that stay ahead of their game don’t just play with luck. There is a sprinkle of information they’ve garnered about the industry. You can also use this information to be a commendable bettor.
