Bitcoin Online Casinos Report Impressive Results: Triple Digit Growth
SatoshiDice.com, the largest bitcoin online casino in terms of overall volume, has reported impressive earnings on the year.
Earnings from wagering at an impressive ฿33,310, according to Forbes.com. Players bet a total of ฿1,787,470 in 2,349,882 individual bets at an average monthly growth rate of 78 percent during the period May to December, 2012.
BitZino reported first year earnings from wagering of ฿10,137. During the period June to December 2012, players bet a total of ฿664,192 in 3.2 million individual bets. They operate in a bitcoin-online environment. Since BitZino’s inception, unique user count went from 3,086 in June to 8,737 in December, representing a period growth rate of 183 percent or average monthly growth rate of 30.5 percent. Owner Larry Taad anticipates a 500 percent increase in these user count and earnings numbers for 2013, Forbes.com noted.
Online gambling operators take note: Players have been able to make daily cashouts at ease on BetZino with a processing fee of just 0.0031 percent.
Seals With Clubs, the first bitcoin online poker room, is growing rapidly as well. Consultant Bryan Micon anticipates “explosive growth” with the upcoming release of their Android app.
Seals confirmed that the company has paid out ฿110,587 over 7,972 transactions in the 16 months since their opening. They have over 10,600 player accounts with 5,697 of those logging in since October 1st, 2012.
The current rake at Seals is 2.5 percent with a cap of $0.10 per hand. Forbes.com estimates that Seals With Clubs is profiting around $600 per month based on rake information provided as the company has not provided actual financial details.
- Aaron Goldstein, Gambling911.com
