The interest in esports has grown so tremendously in recent years that esports wagering is getting huge with the industry reach to the point of intersection between technology, gambling, and entertainment. The global esports industry is expected to generate approximately $1.4 billion by 2020. Since esports can only be entered through playing or by betting, your gaming skills need to be top notch to be a successful gamer to be on the top. That leaves you with the easier option of entering the exciting world of esports.

The rise in esports is attributed to the increase in financial rewards offered in the esports tournaments with some offerings over $10-$20 million that players enjoy. Such attractive packages have attracted many Bitcoin users to this platform.

Besides big prize money in esports betting, various other aspects have also contributed to the rise in esports, especially among Bitcoin gaming sites.

The rise of Bitcoin in recent years has seen the popular cryptocurrency usher into a new dawn with various realms of financial investments. One of the sector holding the strongest ties with Bitcoin is online casinos that has been the first industry to understand and accept the full potential of it. Even though Bitcoin continues to be in a very volatile state with recent fluctuations in its market value, it’s clear that the rise and the fall change to a large degree every time and with more and more demands of Bitcoin casinos there will be no slacking away anytime soon.

One of the primary reason for the interplay of casinos and Bitcoin is the convenience and safety assurance. Starting 2014, 337 of total bets are wagered in Bitcoin every second raising more than $4.5 billion since 2014. In 2013, Bitcoin casinos accounted for over 50% of all BTC transactions. Though the Bitcoin payment system was introduced in 2009, it became more of a requirement than an alternate option starting 2016. The demand has been rising and thousands of new gambling users will eventually cause it to explode. At present less than 0.5% of the international population has truly ventured into the cryptocurrency industry.

Bitcoin casinos offer players best games that are provably fair, provide quick cash outs and also an improved gambling encounter. Suffice to highlight that the direct deposit and withdrawals, easy and secure transactions have to lead to crypto becoming widespread. Various platforms like Bit Starz and Mars Casino offer exclusive categories for Bitcoin games only. Due to the decentralized nature of payment system, it has become a widespread issue to authorities for the fact that it’s difficult to trace.