Who would’ve thought that Bitcoin would not only dominate the financial industry but also the gambling industry? We should have guessed it, as nobody loves the excitement of the unpredictable more than gamblers. Bitcoin first appeared on the scene in 2009, created by an unknown person or group known as Satoshi Nakamoto. A year later, the first Bitcoin purchase was made when Laszlo Hanyecz used 10,000 BTC to buy 2 pizzas. It may seem crazy now, but back then Bitcoin was not the influential innovator it is considered today. That’s why it’s impressive to see some of the casinos that embraced Bitcoin as a payment method reaching their 10-year milestone this year.
Bitcoin Casinos that Paved the Way
Before the widespread adoption of cryptocurrencies and the subsequent casinos, the first Bitcoin casino was launched. Its name was SatoshiDice. SatoshiDice was launched in 2012 and is still operational, although it may look different than it did 11 years ago. As of 2023, SatoshiDice only accepts Bitcoin Cash (BCH) as a payment method and offers only one dice game. Another pioneer in Bitcoin gambling is BitcoinVideoCasino, launched in 2012. This provably fair casino managed to rise to the top and withstand the test of time, offering video poker, roulette, blackjack, craps, keno, dice, and a single-slot game. Despite only accepting Bitcoin, they have other branches of video casinos for different currencies. Following them was Nitrobetting, which remains one of the biggest names in sports betting globally. While Nitrobetting began accepting Bitcoin in 2012, it has recently started accepting more cryptocurrencies. Nevertheless, Nitrobetting will always be remembered as one of the first casinos to accept BTC.
Bitcoin Casinos Turning 10 Years Old in 2023
BetChain is a popular casino known for its trustworthiness and incredible selection of games. They also offer some of the best casino bonuses and promotions in the crypto gambling space. Visit BetChain for a top-notch gambling experience. PrimeDice, the predecessor to Stake casino, is a strong contender in its own right. Despite being a dice game casino for over 10 years, PrimeDice provides quality services in its field of expertise. Visit PrimeDice for a reliable gambling experience. FortuneJack is renowned for its high-quality sportsbook and commitment to provably fair gambling. With over 49 sports and esports betting options, FortuneJack ensures you can bet on every opportunity. Visit FortuneJack for a thrilling gambling experience. BetCoin has something for everyone, whether you love live casino games, sports betting, spinning slots, or being social. They have managed to keep the excitement going for over 10 years with limited-time promotions. Visit BetCoin for an exciting gambling experience. Cloudbet is another top-notch provider that has proven its services and products are above standard. They offer live casino games, sports betting, a remarkable VIP program, and more. Visit Cloudbet for a premium gambling experience.
The Influx that Followed
These casinos set the standard and continue to be community favorites. Platforms like BitStarz, Stake, and Rollbit rose to prominence because of these casinos. BitStarz, although missing the start by a year or two, is one of the most popular and respected casinos in the space. BetCoin, Cloudbet, and PrimeDice may not be as recognizable today. This goes to show that as long as a casino provides incredible services and promotions, players will ensure its longevity through their loyalty.
Crypto and Bitcoin Gambling Benefits
These casinos have survived for 10 years not just through luck but by continually innovating their products. They were among the first to offer the benefits of cryptocurrency transactions, specifically Bitcoin, to their players. Bitcoin offered gamblers speed, accessibility, and security at a lower cost. No more waiting for international payment processing, limitations based on country, or concerns about credit card theft and fraud. These Bitcoin and cryptocurrency casinos provided their players with the latest in financial technology and have continued to adopt better cryptocurrencies and features over time. Blockchain gambling was just the beginning and remains the future. Their adoption of innovation and commitment to customer satisfaction has led these platforms to succeed.
Let’s See What the Next 10 Years Hold
The future of gambling holds endless possibilities, especially for platforms that accept crypto. Bitcoin lotteries and gambling NFTs have already emerged, so let’s see what the next decade has in store. Although 10 years may seem long, remember that the internet was created in 1983 and gained traction in the late 90s or early 2000s. Cryptocurrencies and blockchain are still in their early adoption phase, and the casinos that accept them are only starting to reach their 10-year mark. Crypto casinos have already achieved significant success, and we are excited to see what the future holds for both industries. The future of crypto casinos offers endless possibilities, and while shrouded in mystery, only time will reveal what awaits us. Enjoy the journey while we wait. Want to know the best crypto platforms to play at? Check out our list of the best crypto casinos of 2023.