Online casinos and slot sites have had an eventful history. Despite being one of the first industries to take advantage of the internet, gambling sites have often been considered a problem, with players often concerned with everything from the hassles of getting money to and from their accounts to even questioning the fairness of the games.
Over the years, restrictions on payment methods have created often complex processes to add funds to accounts, and even worse issues withdrawing funds later, with delays, ID issues and more meaning this basic task can take forever. Similarly, the stories of games being unfair never really go away. While some of that is the inevitable noise of players who have simply lost, there have been some high-profile cases of cheats that have not helped the situation. There is a reason that one of the most searched slot related terms on Google are ‘are online casinos rigged’ and ‘are online slots random’.
Of course, for online casinos and slot sites that are registered with UK gambling authorities, there is oversight that gives players peace of mind, but the payment delays and lack of transparency always leave players with questions.
This is how it is
Until recently, players who questioned this situation were usually told, this is how it is, you either accept this poor player experience and uncertainty about games, or you don’t play the slots. This worked simply because there really were not any alternatives, and for UK gamblers who wanted to play online, it really was just how it is.
But nothing stays the same, and as with many other industries, a new technology emerged in 2009 that would eventually show that there are alternatives. Cryptocurrencies first emerged when Bitcoin was launched in 2009, and has gone from nothing to a digital asset with a market cap of around $1.2 Billion in just 15 years. For much of that time, Bitcoin was something of an unknown, it was difficult to buy and even harder to use, but most of all, very few really understood what it was for.
Today though, not only is Bitcoin known across the world, it is also just one of hundreds of cryptocurrencies that people are investing in and spending every day. Now we are seeing crypto casinos, and as they arrive, everything is changing.
Crypto Slots
Because crypto currencies operate outside the regular banking system, slot sites and casinos based on crypto don’t have the regulation that officially registered UK slot sites have. On the surface, you would think this would make a crypto casino less trustworthy for players, but the reality is the opposite is true.
These casinos offer a very different customer experience, and are offering the transparency and fairness that players are looking for, and that so many think is missing from the more traditional casinos and slot sites operating in the UK.
Its not just the games either, crypto payments enable instant deposits and withdrawals, no more waiting around, and because Bitcoin and other cryptocurrencies are built around anonymity, there is no need for ID or anything when you open an account. You can finally play slots anonymously.
Crypto casinos seem to be offering everything players have been asking for and then some, and it is no surprise that they are quickly gaining players as a result.
Traditional slot sites need to up their game
Traditional slot sites and casinos are at a disadvantage here, they are required by law to follow a variety of legislative expectations that put ever tighter restrictions on what they can do and how they operate. While players used to accept ‘this is how it is’, the availability of high quality experiences with crypto casinos has shows that really, it doesn’t have to be like this at all.
The pressure is definitely on, and across the board, from the challenges of the payment system to trust in the games themselves, UK slot sites really do need to find some answers before they lose all their players to those crypto casinos.
