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  Is it worth opening a Bitcoin casino in 2020? [1]   bitcoin worth Cryptocurrency is used in gambling in the form of placing bets in casinos, online lotteries, sport based and spread betting. Crypto based casinos and sports betting sites and platforms have been growing lately. in contrast to traditional betting cryptocurrency betting provides quicker payments and lower fees. You are also able to avoid cumbersome regulations required by the traditional online casinos. When cryptocurrency is used for banking safety and security is much better during transactions than when using traditional online casinos. casino games like table games, slots, video poker are readily available in crypto trading based betting sites. Before opening up a casino you consider the legality of a Bitcoin casino of your residing country. For example in US betting in online casinos have been limited. A well supported casino should have multiple support channels like social media, emails and online chat with a rep

  Betting:  If someone says they'll give me 3:1 odds on the occurrence of an event, what does it mean? Bitcoin Gambling Sites   [1] crypto event In betting Odds mean the probability for an event to happen,where you will be able to predict the outcome of an event. It will tell how likely will an event occur and what your potential winnings will be. Knowing this would allow the punter to predict the expected return on their stake. There are 3 main types of betting odds. fractional odds decimal odds American odds These 3 types of odds represent the same thing meaning the payout will be the same in each type of odds.  Fractional odds are the ratio of profit to the stake. For example three to one (3/1) would mean you will win 3$ for every 1$ you wage in addition to the dollar you would win back (stake), meaning you will win altogether your payout will be 4$. Decimal odds are amount of profit for every 1$ wagered. Here the number represents the total payout rather than the profit. If the