Argentina is a country where gambling has always been part of the culture. But today, the industry is experiencing a technological boom thanks to blockchain. For some, it’s just a buzzword, but if you dig deeper, it’s a technology that could change the very nature of online betting on sites like https://1winar.net/. Here’s why.
Blockchain and Gambling – The Perfect Combination
Surely everyone who has bet has had a moment when there was a doubt: “Is the casino playing fair?”. Especially if suddenly the winnings didn’t come in or the odds changed at the last second.
Blockchain solves this problem dramatically. Imagine that every bet is recorded in a public register that cannot be tampered with. This means that any manipulation of odds, delays in payouts or “unexpected system failures” simply become meaningless.
For example, 1Win on smart contracts works on the principle of programmable conditions: if a win takes place, the money is automatically credited to the account. Everything is transparent, with no intermediaries and no human factor.
Anonymity and Circumvention of Financial Restrictions
Argentina is a country with an unstable economy and strict currency restrictions. Sometimes it can be not just difficult, but almost impossible to withdraw money from a bookmaker’s account or top up the balance.
Blockchain casinos solve this problem through cryptocurrencies: no one requires a passport, address confirmation or a linked bank card. All payments are instantaneous, without banks and unnecessary checks. By the way, local 1 Win casinos are already appearing in Argentina, accepting deposits in USDT, DAI and other stable cryptocurrencies. This allows players to avoid risks associated with peso inflation.
Payments without Commissions and Delays
If you’ve ever withdrawn your winnings through a traditional bank, you’ve probably experienced that the process can take anywhere from a couple of hours to a few days. And the commissions? Sometimes they reach 10-15% of the withdrawal amount!
There are no such problems with cryptocurrencies. Transfers within the blockchain take from a few seconds to a couple of minutes, and commissions are minimal. For comparison, a bitcoin transaction can cost a few cents, and in networks like Solana or Polygon, it costs pennies.
What Difficulties Might Arise?
Regulation
So far, there are no strict laws banning blockchain-based 1 Win casinos in Argentina. But that doesn’t mean that the government won’t try to take control of the situation. Crypto-gambling has already been heavily regulated in some countries.
Difficulty for Beginners
Blockchain, wallets, stablecoins, DeFi, for someone who is used to just clicking “deposit via Visa”, all of this sounds too complicated. However, modern casinos make the login process as simple as possible. Many operators already offer intuitive payment interfaces where you don’t need to understand technology.
Cryptocurrency Rate
Yes, crypto volatility is a risk. You won in bitcoins, didn’t have time to withdraw, and a week later the rate dropped by 20%. However, many casinos already offer stablecoins (USDT, BUSD, DAI), which are pegged to the dollar and do not change in price.
The Future of Blockchain Casinos in Argentina
Trends show that online gambling in Argentina will increasingly move to blockchain. But what changes can we expect in the coming years?
More Licensed Blockchain Casinos
If crypto-gambling used to be associated with the “grey market”, now the situation is changing. The authorities of some countries have already started issuing licences to 1Win blockchain casinos, and Argentina is not likely to be left behind.
The Complete Disappearance of Bank Payments
Blockchain is gradually replacing traditional financial instruments. If current trends continue, in a few years bank transfers in online gambling will simply cease to be relevant.
Cryptocurrency Betting in Sports: A New Betting Format in Argentina
Blockchain is already changing the casino industry, but its impact is not limited to slots and table games. Cryptocurrency betting is gaining popularity in Argentina, where bets are accepted exclusively in bitcoins, Ethereum, Solana and other digital assets.
How it Works
At first glance, the process of betting using cryptocurrencies is no different from traditional betting. Players choose the match, odds and bet amount, but the key difference is that all transactions take place on the blockchain. This means:
- Instant Settlements. The winnings come as soon as the event is over, without delays or bank intermediaries;
- Anonymity. There is no need to enter passport data, tax identifiers and undergo lengthy verification;
- Honesty and openness. All bets and odds are recorded in smart contracts, so no fraud or data substitution is possible.
Which Sports are Already Accepting Crypto Betting
Argentina’s 1 Win is actively testing the new format, but cryptocurrency betting is already available on:
- Football. La Liga, the Libertadores Cup and even the lower divisions – all these events can already be bet on 1Win;
- Cybersports. CS2, Dota 2 and League of Legends are some of the most popular disciplines accepting cryptocurrency betting;
- Horse racing. One of the most prestigious sports for betting, which is now also available in blockchain format.
What are the Prospects for Crypto Betting
At the moment, this market in Argentina is just developing, but bookmakers working with cryptocurrencies are already attracting new customers due to the convenience and security of the blockchain. It is expected that in 3-5 years the majority of betting platforms will fully switch to digital assets.
The question is, will punters have time to adapt to the new environment? After all, the betting world is already changing, and blockchain is not just a technology, but the future of the industry.
Conclusion
Blockchain and online gambling is not just a trend, but a prospect that is already becoming a reality for operators like 1 Win. In Argentina, the technology is solving several problems at once, from distrust of casinos to currency restrictions.
Yes, there are nuances so far – for example, the difficulty of entry for new users or regulatory uncertainty. But one thing is certain: the future of gambling is already here, and it will be crypto-friendly. The only question is whether casinos and players are ready for this new reality.