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E14 - Bitcoin Sports Betting

Business of Betting Podcast

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Bitcoin: The Future of Gambling

In July 2014, you had some predictions about the growth of Bitcoin. You said it could take up to 5% of the estimated $3 trillion worldwide gambling market. In 2013, that was about $24 billion and your prediction was that in the next four years, it would get up to $150 billion. So we're three years into that four years. And yeah, at the moment, it's on track. It's because gambling with government currency is so high friction that Bitcoin removes all their friction. That's why Bitcoin is so popular for online gambling.

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