Online gambling is constantly evolving, following the latest technological trends. When Bitcoin became a hot commodity around the world, online casinos were quick to add it to their list of payment methods. Every innovation online casinos implement is done to attract more players and to keep the regular ones happy and satisfied. We already had a chance to see some major changes in the industry, dominantly with the rise of pure crypto casinos. So, what can we expect to see in the future?
Crypto Games
The easiest way to get a player to try something new is to create a great game with a big payout potential. This is not easy to do, but one game can be a life changer and have a huge impact on the entire industry. Just look at the popularity of games like Plinko and Aviator today. While many players prefer to play slots or online roulette real money, providers may focus on creating crypto games.
There are several ways this can be done. The first is the more traditional one, by creating casino games with a crypto theme and bonus rounds. However, some providers may release casino games that can only be played using crypto.
These games will be a welcome addition to the already pure crypto casinos and will surely get more players to make the change in currency.
Legislation of Crypto Casinos
Let’s be honest: A lot of crypto casinos today operate in a grey or borderline rogue area. Many of them operate without a license or even the seal of approval from an independent testing agency. One of the first things experienced players look for when they come across a new casino is:
- Valid Operating License
- Logo of an independent testing agency
- Seal of approval by leading affiliate sites
Without any of these, how is the player protected? Well, it all comes down to trust and nothing really more. Online casinos today are fighting a battle to get players through the door with the well-established brands in the industry. This is not an easy task, especially if you don’t have a valid license. So you need to keep your reputation impeccable and your players happy. This is done by providing fast payouts and a hassle-free gaming experience.
But changes are bound to happen here to impose some sort of legislation on the casinos themselves, not the payment methods they allow. This way, the player will have somewhere to turn if he feels he’s been wronged or has any issues with the casino.
Instant Payouts
Crypto casinos today have some of the fastest payouts in the industry. Usually, at most of them, it will only take a few hours for your payment to be processed and the funds to arrive in your crypto wallet.
Even though the transaction is processed almost instantly, the approval process itself still depends on the casino in question. You can’t receive a payment from the blockchain if it’s never sent by the casino. So, in the future, we may see automation in the process. Some of the bigger brands in the industry already have it in place for e-wallet withdrawals. Once you place a payment request, it’s automatically processed in a few minutes, and the funds instantly arrive on your e-wallet. This would certainly make crypto casinos more desirable for players.
Crypto Passport
One common detail all pure crypto casinos have in common is the lack of bonus promotions or their very poor offers. This is mostly so because, with crypto, players can abuse the casino’s generosity. You can easily create an email address and register a crypto wallet. You can then claim the casino welcome bonus several times using different details since there is no account verification. So, in the future, we may see a crypto passport for playing at online casinos with a verified crypto wallet address. This way, the casino can be sure that you are the only one using it, and we can see an increase in the number of bonus promotions across crypto online casinos.
