How Live-Streaming and Crypto Have Updated the Casino Industry

Streaming technology has worked wonders in changing how we watch movies and listen to music, while cryptocurrencies have changed the way we manage money. But did you know that they’ve also revamped and modernized the casino industry? We can see how live-streaming and crypto work in this sector and how they’ve allowed new games to flourish.

The Use of Live-Streaming

When looking for casino games, you’ll see some listed as live dealer games. This name refers to the fact that a human dealer is shown on your screen using the latest live-streaming technology. They’re located in a studio setting and can be based anywhere in the world, sitting in front of the appropriate table for the game you’re playing.

They’ll carry out their role just as they would in a real-life casino, spinning the roulette wheel, handing out cards, or doing whatever is needed to keep the game flowing. As you play at home, you can place your bets on the screen and get paid out automatically. Some live games have even introduced augmented reality as a way of blending the real and virtual worlds together further.

Another interesting aspect of this development is that game creators have added new types of games, rather than relying solely on casino classics like blackjack and poker. That’s why we can now see interesting game show titles, which are typically fast-paced, simple games where the host shows us how the action works. This could involve throwing dice, spinning a wheel, or using some other method to achieve a random outcome.

With a fixed number of seats at each table, casinos have also been looking for novel ways to keep all their players happy. One of them is to wait for a seat to become free, while some games also offer the chance to bet behind, which means betting on the hand dealt to the player in front of you.

The Benefits of Live-Streamed Casino Games

The introduction of live streaming has added an extra dimension to online casino games. It feels more like being in a physical casino but with the convenience of playing online. This has made it easier for new players to give classic games like roulette a try while giving developers the chance to introduce new types of games.

We’ve also seen casinos expand this live section of games by adding the likes of VIP and native language versions. It’s a trend that seems set to continue, as the leading developers introduce new versions of classic games with unique twists such as side bets or additional multipliers that are randomly applied.

All these changes mean that this feels like the online casino industry has moved forward by adopting a way of playing that mixes the classic approach with the latest modern technology.

The Introduction of Cryptocurrencies

It’s difficult sometimes to remember that cryptocurrencies are still relatively new to the world. The introduction of Bitcoin in 2008 marked a new beginning for money and gave us more flexibility as well as security when moving or investing cash.

The idea quickly gained popularity around the planet and it’s now thought that 20% of Americans own cryptocurrencies. This has led to some casinos accepting it as a form of payment, and we can expect more of them to do so as time passes and cryptocurrencies become more mainstream.

The most common tokens like Bitcoin, Ethereum, and Litecoin are generally accepted by casinos. These are alternatives to more traditional payment methods such as bank cards, electronic wallets, and bank transfers.

The Benefits of Cryptocurrencies in Casinos

Perhaps the biggest benefit for anyone using cryptos for any reason is security. It’s almost impossible for hackers to steal your digital money and if we add in the security features of modern casinos, it becomes an extremely secure way to move money.

Check out a live dealer casino with crypto options and you’ll see that it’s possible to play a wide variety of gambling games with the funds you deposit. The live-streamed games we looked at earlier are added to computer-generated table games and slots covering a wide range of themes. This means that there’s more variety than ever before.

The speed of transactions is another huge benefit. With cryptos, any deposits made are added almost instantly to your gambling account, meaning that you can start playing with the funds right away. In an analogous way, withdrawing any winnings is a fast and effortless process.

What Can We Expect in the Future?

These examples show us how online casinos are using the latest technology to offer exciting new ways of playing without losing the essence that has made casinos popular in the first place. Live streaming and cryptocurrencies are both here to stay but what other cutting-edge technology can expect to see join them in the near future?

The likes of virtual reality, artificial intelligence, and the metaverse are among the most interesting technologies that we can expect to transform the online casino industry in the next few years. However, for the moment the addition of live dealer games and cryptocurrencies has made online gambling more attractive and easier to enjoy.