Five Reasons Bitcoin is Redefining the Way Vegas Sportsbooks Do Business

Bitcoin (BTC), the world’s number cybercurrency, is on the verge of taking over the sports betting industry. SportsbookNation recently reported that dozens of online books, led by TopBet.eu, have made the move over to the new tender, while dozens (if not more) are in the early transformation stages. This industry of early adopters is limiting their acceptance of credit cards (VISA, MC, etc.) to make space for cyber banked dollars.

While the online world continues to adjust and make the shift, the city of Las Vegas is already two steps ahead of the game. Bitcoin is now accepted or available at most major casinos and is slowly working its way into the major brick and mortar sportsbooks as well! It’s been a long time coming to see the future of sports betting on the verge of a major overhaul.

ESPN first reported last October, that a monumental move could be in the works and if that happens, a seamless, quick-natured cryptocurrency would be the answer. There are quite a few reasons why the betting public and big books like TopBet have turned to the online tender. Look ahead to see why.

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