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    Posted May 8, 2014 by
    JeffCohen
    Location
    Los Angeles, California

    Are Bitcoin Sportsbooks' the Future of Online Sports Betting ?

     
    http://finance.yahoo.com/news/bitcoin-sports-trade-legal-loophole-100000757.html

    Is Bitcoin the Future of Online Sports Betting?

    Online gaming sites are a staple in the world of Bitcoin. Up to 60% of all bitcoin transaction come from online casinos. The implications are tremendous and with sports betting particularly popular in the United States, bitcoin sports betting sites like BitcoinSportsTrade.com are taking advantage.

    BitcoinSportsTrade.com CEO, Tyler Wilson states, "The emergence of bitcoin has allowed us the opportunity to create an online sports-betting platform that makes it 100% more convenient for US sports bettors in a variety of ways.

    Unlike traditional online casinos, which have a tedious process of depositing and withdrawing your cash, with BitcoinSportsTrade making deposits and withdrawals are virtually instantaneous, with zero fees, anonymous, and best of all not illegal."

    Wilson also states that, "Bitcoin represents freedom of expression. It inspired us to create a head to head sports betting platform where people can make and take bets between each other exclusively using bitcoins."

    The advantages of bitcoin for the US online gaming community are apparent. Will it become the future of online sports betting? Only time will tell.

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