2021 will be an important year for crypto-based betting and gaming.
This is because cryptocurrencies are gaining a lot of traction in various markets worldwide. In fact, we could say that cryptocurrencies are one step away from becoming mainstream.
The COVID-19 pandemic and the economic problems it caused during 2020. Have made more and more people interested in cryptocurrencies as a form of investment to protect a part of their financial assets.
In addition to using them as a means of financial protection. People have also discovered the benefits of using cryptocurrencies, especially for gambling online.
As a result, new operators of bitcoin betting and crypto sportsbooks have emerged and will continue to appear during 2021.
Also, many experts and analysts believe that bookies who do not implement crypto-based betting in their businesses will lose market, will be less competitive, and run the risk of seeing their income reduced.
Furthermore, several countries seem to have plans to start regulating crypto sportsbooks. This would add legitimacy, security, and stability to this type of business.
The Challenge for Bookies
Sun Tzu said that ¨Victorius warriors win first and then go to war. While defeated warriors go to war first and then seek to win.
This means that bookies who want to take advantage of the crypto-based betting trend must prepare their businesses before entering to compete in this market segment.
Bookies need a good Pay Per Head partner to have all the tools and products necessary to enter the crypto-based betting market.
Thanks to a good Pay Per Head partner. Bookies will be able to count on the best platforms and tools that will allow them to provide a first-rate experience to their bettors.
Moreover, with a good Pay Per Head partner, bookies will be able to cope with other operators that are already in the market.
Competition in the crypto-based betting segment is fierce, even though it is a relatively new business. For example, some operators offer a welcome package worth 555% up to € 10 000 + 500 free spins on your first 10 deposits.
As a result, bookies should not only offer a robust betting platform. But they should also offer attractive bonuses and promotions for bettors.
In conclusion, bookies should leap crypto-based betting this year no matter what. Bookies that don’t run the risk of losing customers and, worse, losing income.