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E14 - Bitcoin Sports Betting

Business of Betting Podcast

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Bitcoin's Low House Edge

With Bitcoin, you can get down to as low as one or two percent edge and it's not a myth. It's inevitable we're heading towards 0% house edge gambling. The reason is Bitcoin has so many advantages for both the gambling but also for the site operator. I'd say the relationship between the gambler and the operator is just that direct peer-to-peer relationship without anyone else in between. Without a bank, without a government getting in the way. That's why I'm able to offer a 1% house edge. It just keeps going lower and lower.Bitcoin will allow for 0% house Edge gambling within the next few years.

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