Crypto gambling is an undisputed part of the live casino scene with brands like Evolution live tables and games shows already popular amongst Bitcoin players. In fact, a report from SoftSwiss which gives a decent what we would call ‘sample’ of the iGaming market is reporting that Cryptocurrency betting catching fiat or even overtaking it is a good possibility.
The latest market ‘sample; provided to us is a direct comparison between fiat online casino play and cryptocurrency online casino play from Q3 2020 Vs Q3 2021 last year and another sample of ‘Q2 2021 Vs Q3 2021’. And the results are an eye-opener if you enjoy your stats. Check out the stats report below and you can also see them here via the SoftSwiss Crypto Trend Insight Report.
Q2 2021 to Q3 2021: In Q2 of 2021, there were a total of 14.7 million crypto bets and in just 3 months this rose 18.65% to 18.9 million crypto bets. With the sharp increases in BTC, ETH, XRP, DOG, and other cryptos over those 3 months, it seems reasonable to assume this may have had some contribution to people becoming more interested in cryptos.
Q3 2020 to Q3 2021: In Q3 last year (2020) SoftSwiss casinos recorded 6.7 million in bets. Over the 12 months since then, the SoftSwiss platform’s crypto betting rose to 18.9 million bets in total. That is an increase of 180.55% which just shows that crypto betting is a popular trend that will continue to rise.
More stats from Softswiss give us the percentage of bets versus fiat currency, which is perhaps the most interesting comparison. And for us as news writers, this is one of the best market insights we have seen. Now, as with any survey, usually a sample is used, and SoftSwiss examples are casinos owned by companies like Dama or N1 Interactive, which are well-known operators in the online casino scene with King Billy, BitStarz, and Play Amo some of the bigger brands.
Q3 2020 Crypto Vs Fiat: As Softswiss online casinos, only 15.7% of bets were crypto with 84.3% fiat currency betting. That seems like a pretty large number as it is but wait until you see Q3 2021 results.
Q3 2021 Crypto Vs Fiat: With the popularity of crypto betting on the rise, we saw a huge increase in the number of crypto bets. And that increase meant that 43.3% of all bets were crypto vs 56.7% fiat currency bets. With this trend continuing, it is possible crypto betting could overtake fiat currency betting.
Softswiss casinos currently accepting crypto bets can be found in our live casino review webpage. Look out for Bitstarz, Woo Casino, CasinoChan, N1 Casino, and Play Amo Casino in particular. You will need to find the Curacao licensed versions of these websites for cryptocurrency betting. While some of these casinos like N1 Casino, have MGA licensing, they do not accept crypto bets under this framework at this time.
Evolution, Ezugi, Absolute Live Gaming & Pragmatic Play Live Pioneer Live Casino Crypto Betting
The only bands that currently offer live casino game and crypto betting at this time are Evolution, Ezugi, Authentic Gaming and Pragmatic Play Live. The full suit of each brand’s games is available for Bitcoin (BTC) bets. And many of them also accept Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE) bets. That includes bets on all the Evolution and Pragmatic Play Live game show titles like Sweet Bonanza Candyland, Crazy Time, Monopoly Live, Dream Catcher, and Mega Wheel.
Sweet Bonanza Candyland: Be sure to check out the latest release from Pragmatic Play Live studios which is Sweet Bonanza Candyland, the first title from the brand to bring a wheel of fortune game show with bonus rounds attached, and a much anticipated follow on from the original Mega Wheel title.
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