Bitcoin Forum

Hey everyone,
casino industry worth a;pt,so i decided to invest in a coin that may hit 50-100x in a 6-1 months . those are my choices for now but i can't decide between them
DAO.CASINO
BITDICE
BETKING
Edgeless >>>it's good but already pumped and have high marketcap !

Too difficulty for average gambler... May be for long term (few years)... May be never go to the moon.

edgeless is ready incraese high above ico price, and listing in bittrex too
dao, bitdice and betking still need wait listing in good exchanger

Its impossible for the mainstream one
Edgeless is already pumped as mentioned

Dao.casino = $6M marketcap
Bitdice = $10M marketcap
Betking = $10M +- as i recall $5M is raised for the ICO + the other token that is on devs

So among the 3, of course i will pick Dao.casino

#1 Lower cap than others
#2 Available for game creators to have their games operate on Dao.casino
#3 Okayish supply for playable casino token

I think Edgeless is the best one. Their tokens were planned to give dividends to owners. It is big deal in my opinion. Also its quite legit, they do lot of work to legalize their situation.

Edgeless is too high already. Bitdice is much better than betking as it will give dividends.

I think it is not a good idea for new gambling companies to mint their own tokens for users to play with. It is hard to make people buy your tokens to play. It is much better to accept BTC, ETH and may be some other major coins.

Has anyone in this world ever won a dime at any of these casinos?

To my knowledge, theyre not up and running yet. I know edgless will launch soon.

BitDice casino is a casino already running and that gave profits to their investors if any of the projects has the possibility to reach something close to those numbers is that casino since they already have a casino that works and they are just looking to expand their operations with the money they get from the ico.

Unless they offer some better deals with their own currency it would be better to simply use a bitcoin casino and earn some useful coins instead. Otherwise converting into their currency will cost extra, and it only has use in one site

i don't know guys ! everyone has different opinion and i can't decide if it worth investing
anyway thanks

casino is really a good application for blockchain, I will also buy some casino coit.

Another solid pick is DICE - They have already paid their first dividend and have a strong team + community.

How do these casinos work? Do they have any trustless mechanism in force of do you have to rely on the fact that the devs act in a honest manner? These are very important things to know if you want to bet in a casino.

There is a new coin in CoinExchange exchange
its called CHIPS
search: CHIPS (CHIPS) marketcap""in google
its the coin from superNET group, fork of bitcoin that will work on lightning network and will be used for the PANGEA poker. can be integrated for other games too. its good coin from a good company. you can join the superNET slack..
its in development, soon white paper will be released

To be honest, I'm not sure Casino tokens are really the place to put money.  When I first started looking into alt-coins I thought a casino was the perfect use case for crypto, but I haven't seen the growth I expected.  Perhaps so many people are either holding or trading that tokens just aren't used for gambling... I don't know.  I just know the few that I've tracked haven't done much.  Edgeless has popped but lets see if it stays there.

Funfair (FUN) is another good casino coin to look into. Also, there are some upcoming  casino ICOs like
ETHINO, Providence, Betstreak and more to research if any of those are good.
 

I looked into a few and FunFair seems to have the legalities covered the best. (disclaimer, I own some) They also aren't just a Casino, they're a platform that other legal casino's can purchase to create honest, verifiable online games.

Edgeless looked good too and when I checked them out they focused on the more skilled games with cards or dice and a blockchain to prove the odds were exactly what they would be standing in a casino. Funfair gets into slots and video poker. Another platform I saw coming out (can't remember name) focuses only sports betting.

Adding the blockchain trust to online Casino's should be a huge step forward in an already multi billion dollar industry. The online casino's that don't adopt these new trust factors will be quickly pushed aside. It's all about trust.   

Take a look at Monsterbyte.

Clams are undervalued. I don't know about 50-100x though.

Are these coins currently used now in these casinos?

Casino Coin $CSC is actually going to get involved with the regulated casino industry and that is where all the money is. I think this one could go 10-100X at some point in the future.

Take a look at ETHBET guys.

Has just a mcap of 1m.

Ethbet is my choice. Super-low marketcap, no house edge, just got added to HitBTC. Developer is active on discord.

Casino bankrolls never gave any big profits to begin with, most of the time you could expect to earn 1% or 2% per months which is not a lot if we compared with the earnings your average altcoin can give to you but it was easy and no one seemed to complain.

I have been looking at FunFair and CasinoCoin and I have to agree with this statement.

Funfair interests me as it is trying to make online gaming provably fair. I think this is potentially a massive problem in what is a poorly regulated market. The ability for FunFair to scale quickly across multiple sites in an aggressive industry could be hard.

CasinoCoin is a sleeper. With a new team appointed recently in addition to the roadmap, this is definitely one to keep on the radar. Casinocoin is being targeted at regulated online gaming industry using more of a fintech approach (Ripple Blockchain). They are focusing on KYC integration into blockchain which would be a huge win to online operators and players.

Ill be buying a bit of both but with CasinoCoins current MC at around 10% of Funfair I know which one will be more exciting!!

Gamble coin is very hard to increase.

Take a look at Virtue Poker, I think they plan to have ICO in feb or smth like that. A bit sad that it will be Dutch auction, but maybe I will still participate... Potential profits might be really big.

2 months on from this post....

Edgeless was up 100% but is now below where we were in December. Loss
FunFair quadrupled to $800m market cap and dropped back hard. Now slightly below $250m. 25% Gain
EthBet is 50% up at 1.5m market cap. 50% gain
Dao Casino went from $10m market cap to $30m but is now down to $5m. Loss

CasinoCoin is supported at around 9x value after going up around 15x. Market Cap $78m. 900% Gain

CSC Foundation have already established partnerships with Isle of Man government for gaming regulation.
The best is still to come..... The foundation has hit every roadmap goal so far.

Next 1.5 months:
Coinswap complete over to Ripple blockchain(2 days).
Deployment of Bank Roll Manager application(KYC/AML built in).
Rebranding campaign
Details on running nodes

Then:
Operator trials commence(rumored to have already started - Join discord channel)

Final word:
When you look at the huge amount of industry experience of the foundation team and then see that the roadmap only runs until Q2 2018 to achieve all their goals.... You get an appreciation of how confident the team is.

Ill check back in another 2 months with an update. :)

Congrats to all that hold CSC, EBET and FUN.

I don‘t see real value in using crypto for gambling. In this situation it might be hard to find a 50-100x.

Just my own opinion. I play online poker myself on a high level with good and constant results and I would not go to a casino using crypto atm.

I was entirely adverse to any cryptos with a single use like gambling previously.
I respectfully suggest that CasinoCoin is worth the time to research. This is a very good chance of 50x growth from time of OP.
Sit in the discord chat and I believe you will see.

i can see this coin hitting 1$ in the next few months when brm wallet is released

I'm trying to contain my enthusiasm but the potential here is nuts.

The CasinoCoin's BRM (Bankroll Manager) will already feature a couple of operators when released, no point to release it before. But can't say a date at this moment.

Thanks, it looks like a real opportunity, getting in at only 20 sats now. You can buy a 100k for $150 USD. Even if it only goes to a 0.01 USD (which it could easily do in the next month or two, that gives you a really nice profit.