Throughout history, lotteries have been perhaps the most popular of all gambling games and have provided players with more incredibly large, life-changing fortunes than any other. As with the vast majority of games, the advent of Bitcoin has changed the face of lotteries for players around the world.
A decent, high-quality Bitcoin lottery has the potential to turn random, lucky players into enormous winners. This is one style of game that nobody would want to miss out on, after all, who doesn’t dream of hitting the big time and instantly withdrawing vast sums of cash?
There is no shortage to the number of ways that bettors can win small increments of Bitcoins online. Slot and bingo players tend to stick to sensible strategies which allow them to earn minimal funds on a regular basis and keep control of their bankroll. However, the latest trend of Bitcoin lotteries is a real game changer as they give gamblers the chance to win jackpots worth hundreds and thousands of BTC with very little effort or skill required.
With all of this in mind, it’s easy to see why lotteries are well on their way to being the next big thing in the world of Bitcoin betting. This style of game can be found at both independent, specific sites and in the games collection of Bitcoin casinos. Keep on reading to find out more details about this innovative new source of gaming entertainment and the best online venues to enjoy Bitcoin lotteries.
Benefits of Bitcoin Lotteries over Traditional Ones
Many avid gamblers might be wondering what the benefit is of playing lotteries with Bitcoin as opposed to traditional cash and fiat funds. Basically, there are many advantages to playing with this online currency that can greatly improve the lottery playing experience and make the whole thing even more exciting, fun and lucrative.
One of the main attractions of Bitcoin for gamblers is the anonymity that it brings. Exchanging personal and financial details over the internet is a downside to online gaming for many people and as there is no sensitive information attached to a Bitcoin wallet, there is no way for any outside party to know how many Bitcoins have been spent and on what. As a result, Bitcoin lottery players have no need to worry about their privacy or security.
All of this super tight security means that Bitcoin is a highly trusted banking method. Wherever a player is in the world they can withdraw the winning funds from their lottery game safely and as close to immediately as is possible. Unlike other methods of banking, these withdrawals come with very low or even zero transaction fees and no tax, owing to the absence of a governing body that regulates Bitcoin.