Online bitcoin casino Bet King, formerly Pocket Rockets Casino, has revealed some of its statistics from 2015 and report that they are enjoying good business. Almost at three years operational, Bet King say they have big plans for 2016, further progressing from last year where, as well as rebranding, they added additional games to its portfolio and reported the largest ever bitcoin bet placed in the gambling industry.
Over the course of the year, Bet King paid out 35,000 bitcoin (currently over US$15 million) to players, including a record win on July 19th to ‘Nameless’ which totalled 200 Bitcoin (approximately $88,000), after placing a bet of 433.9 Bitcoin with a 67.8% chance to win. Other reported winnings included the ‘Luckiest Big Win’ of 2015 which was awarded to player ‘Valermos’ who won 89.362 Bitcoin profit when placing a bet of 0.256 BTC on dice with a multiplier of 350x and a probability of 0.2828%.
It has been proposed that Bet King’s success is down to a combination of fair games, loyal customers and the potential for big payouts, although having a very active bitcointalk thread and an engaged community doubtless helps. Bet King is able to offer this as it has a crowdfunded bankroll that players bet against. There is currently almost 3000 Bitcoin in this bit previously it was as much as 5000 BTC. This enables the highest betting limits in the bitcoin casino industry where players can potentially win up to $116,335 in a single bet.
Currently planned improvements and expansions for2016 have been stated as including: adding a new cutting-edge betting exchange, bringing back the online poker feature, expanding their casino game portfolio and further developments are in the works.