How software providers are cashing in on crypto gambling trends

Bitcoin, Litecoin, and Dogecoin all bring to mind one thing – cryptocurrency. And for online gamblers, the list of casinos offering crypto as a payment option is growing.

While crypto gambling is a trend that no one can deny is growing rapidly, how are software providers making the most of this new way to play?

Alexandr Shavel, Head of BizDev Department at BGaming, recently shared a few insights into how they are using crypto gambling trends to their advantage.

The crypto gaming space

When discussing the rising trend of crypto in the gambling space, Shavel shared that crypto is making gambling more comfortable. By making processes faster and without limitations, the market is growing from strength to strength.

It’s clear that cryptocurrencies are becoming a preferred method when playing at online casinos. SOFTSWISS recently shared a report that revealed just how much more players are turning to crypto. Betting with a range of cryptocurrencies jumped more than 200% in December of 2021 alone. 

As more casinos embrace the world of cryptocurrencies, Bitcoin casinos will become a natural option for most people. Why? Because the blockchain keeps transactions anonymous, fast, and safer than fiat banking options.

Software providers cashing in on crypto

As crypto casinos become more popular, the call for more games that exist on the blockchain grows too. This is where software providers like BGaming step up and take the reigns.

While not based explicitly on cryptocurrencies, the games use the same principles as using the blockchain for payments – instant rewards with fair results. Crash games and Hi&Lo creations all provide these instant rewards and make playing fast and exciting.

Shavel shared that he believes more games like this will become the future of gambling. 

“More games where players bet on outcomes and define strategy or exit time will appear. This year, we will see even more quality solutions, both games, and marketing ones, connected with NFT.”

Knowing this is the future, it’s up to more software providers to either integrate this type of gameplay into their current offerings or create entirely new games that cater to this style of playing.

The future of BGaming

BGaming has always led the charge on new casino games, fast playing styles, and providing for what players want. The software provider uses a cryptographic method for their algorithm. This algorithm ensures that a player’s bet doesn’t affect the outcome of the game they’re playing.

More than that, the game is also not affected by risk or volatility, which provides authentic, provably fair outcomes. 

It has been confirmed that BGaming will be embracing crypto gambling trends more than ever in 2022 with 10 new creations on the way. Keno, Limbo, and Mines are all in the works, as well as Wheel, Blackjack, and Dice Battle.

Keep your eyes peeled for more information on these (and many more) new releases in the future.