5 Interesting Facts About Online Casinos .

The popularity of online casinos has grown immensely over the years. The number of people visiting them has increased from the last decade by almost four times, and now accounts for around 20% of the total gaming traffic. In addition, more people are gambling online, thanks to technological advancement.The article below lists some interesting facts about online casinos that we think you should know .

                     Interesting facts about online casinos.

Online casinos have existed since 1994.

The first and most surprising fact is that online casinos have been in existence since 1994.They were developed in parallel with the internet . The first one was the Liechtenstein International Lottery in 1994. From then on the industry has grown all over the world.

More men gamble compared to women.

In the past, casinos only allowed men to gamble, and the only women you would see there were casino employees. Maybe that’s the reason why we have more male gamblers in online casinos. However, the coming of technology has changed a lot. The number of women  gambling at  online casinos and the number is growing.

You can bet low amounts compared to land based casinos.

Online casinos are legal.

In some parts of the world, online casinos are legal however in some it is illegal. Monaco is one such place that has legal online casinos.

Online casinos accept cryptocurrencies.

Cryptocurrency is a form of payment system that allows for instant payments using cryptography. Unlike traditional forms of money such as cash or credit card, cryptocurrency does not require a bank account or third party involvement. Payments are recorded into blocks that are chained together forming a network of transactions called a Blockchain .The number of online casinos that accept cryptocurrencies is growing rapidly. Bitcoin is one of the top cryptocurrencies used in online casinos now days .

In conclusion,these are just some of the many interesting facts about online casinos.