It has been a remarkable past few months for cryptocurrencies as they have rapidly grown to be quite popular in nearly all corners of the globe. In essence, this can be likened to the present day gold-rush and no one wants to be left behind. One of the areas where crypto has seen heavy adoption and usage is the gambling industry.
According to a statistical report, since 2014 approximately 4.0 million BTC has been placed on bets that equate to about $37 billion. This, when compared to the global statistics, is a just a fraction of what the cryptocurrency gambling industry is capable of. Clearly, the gambling industry is the winner here.
However, one of the most pressing issues when it comes to gambling is regulation which also extends to the crypto gambling space as well. That is where leading crypto gambling affiliate site Gamble.io comes in. It serves as a regulator that screens and reviews cryptocurrency-oriented gambling services and site so as to ensure they are safe and trustworthy to play on.
A month ago, the watchdog site completed its review of a bitcoin-based sports betting site known as Cloudbet – the review not only confirmed that Cloudbet’s solid reputation is not a fluke but also pointed out some of the aspects that needed to be improved. This review was a clear indication of how serious Gamble.io is about ensuring that gambling in crypto is safe for everyone.
Gamble.io has recently laid down its regulations on another crypto gambling operator known as BitStarz which also happens to be known for being a reputable gambling operation. Gamble.io has put BitStarz on its casino of the month spot thanks to the operator’s unique approach to merging the use of both fiat currency and crypto. The full review also points out some of BitStarz’s best attributes that include great overall play selection, reliability as well as mobile compatibility.
“Due to the fairly large number of new players in the game, we were not able to conduct our studies as quickly as we had hoped. Our reviews and studies consist of multiple phases from depositing, game selection, customer service and anything else worth knowing for a crypto player. For example, testing the various games from different casinos took a little longer than expected. However, now we’ve completed the task and are proud to present our findings. We continue to be on the lookout for new crypto casinos,” said Matt Beardsley, the Gamble.io spokesperson.