Bitcoin Forum

All the gamers round the world are these days ending up in playing games like Casino,Poker on the centralized platforms because of the manipulation happening around and so the craze of decentralised gaming is incresing day by day,it's been increasing rapidly that I was just wondering will it become the only option for the scam-free gaming industry?If so when would that happen?

Making payments through blockchain doesn't make a gaming platform a decentralized one! It's just a payment method they have adopted and not the blockchain! They are simply called crypto casinos and not a blockchain or decentralized casino! Due to local laws on gambling, many people prefer to stick with crypto casinos because that way, they can overrule the local gambling laws and still enjoy gambling if it is banned as per their local law.

Now coming back to the main question, I won't say blockchain is the only option available but surely it looks like the most prominent one! And that's true for almost every sector which involves public money. The kind of security and transparency blockchain can offer, eventually every single business involving public money will move to blockchain at some time in future.

All the money (fiat) is with the gaming sites that use the random number generator system with games. That about $50 billion a year industry right now, change is slow when people are making money.

Poker isn't as popular as it once was, so if pokerstars does it, it will be popular but unlikely they will change their shuffle system.

Casino it makes sense because it could show gamblers what the return to player is on games like slots. Different casinos offer different % back to players when they gamble, you never know if that can be trusted.

Sports betting and horse racing seem like the one more likely to takeover (imo) because certain countries there just isn't an option to bet on sports. Some countries it's illegal and bookies see opportunity obviously.

The gambling forum here is fairly active
https://bitcointalk.org/index.php?board=56.0

Warning, it is like ICO's and shitcoins currently, with a few scam sites popping up here and there. Most of the ones catering to crypto seem to have a little niche that isn't currently being served by the real money gambling sites.

There are a few gambling projects claiming they will launch 100% decentralized gambling sites in the future. Whether that's possible, time will tell.

Using blockchain for casino game will help only those casino president as for the gambler like example, gambler addict to cling at the ivy any moment will cut itself reason for gambler to fall into chaos, debt, loneliness, destruction, and any words fit this catalogue, you name it how fair is that? Did we think helping the casino get a more decentralized system would help the society altogether?

Using cryptocurrency as a means of payment in gaming gives the gaming platform an easy global usage. It will attract gamers across the globe. I don't know why you use the phrase  scam-free gaming industry, We all know that all gambling are always risky and you play at your own risk. 

This is not the only option for the gaming industry.

But the blockchain solves many problems in the organization of the gambling business and inspires confidence from investors and platform users.

Is Block Chain going to be the only option for the Gaming industry ?
Illegal or not, casino owners make money off of the weakness of others. When you have the freedom to do something, does that make it OK?

Lincoln Local Best (https://localbest.com/index/usa/nebraska/lincoln)
Laredo Local Best (https://localbest.com/index/usa/texas/laredo)
Fort Wayne Local Best (https://localbest.com/index/usa/indiana/fort-wayne)
Omaha Local Best (https://localbest.com/index/usa/nebraska/omaha)

In the gaming industry, the main trust from users and it is the blockchain that gives 100% confidence that customers will get their money.

I think blockchain is the only right decision.

I think all industries will need to run on blockchain tech in the near future or people just won't participate because they won't trust anything else.

Total decentralization is also inevitable but will be less immediate. The public will have control over just about everything and is great news for global human rights and equal opportunity.

Long term it's going to be the best option, if someone can develop an interface on a par with the centralized gaming platforms then I see no reason someone wouldn't opt for the decentralized option. Taking poker for example, the rake would be much less (this kills most peoples chances of making a profit normally) and everything would be transparent, no doubts about cards being rigged etc etc.

Gaming is one of the niches that accept btc faster. That given us a grounded hope that btc will become a great collaboration tool in between sponsors and the gaming community.

I agree with what avikz explained. They have adopted blockchain through payment system but they need to operate through their own system manually.

They are centralize somehow with their operations but with the payment, they are applying blockchain with it. I see projects that are using blockchain on their gaming platform but they aren't making noise.

Gambling and gaming are very different words. For gambling I doubt blockchain will be the only option because there are games that can't be provably fair, poker games for example can't be provably fair, most games that are human vs human can't be provably fair, which means blockchain brings nothing to the table any regular software could bring and that is why blockchain won't be the only option in gambling, it may get wider attention all around the world, there is still a piece of market share it can cover but it still won't be really big deal.

Gaming is a totally different word, that is for games and games have nothing to do with gambling, yeah in casino we call them "games" but gaming industry is totally different and has nothing to do with blockchain, blockchain games are getting bigger recently but that has nothing to do with gambling discussions.

Blockchain doesn't automatically guarantee that there will be no scam. There are many blockchain casinos that might even be provably fair but simply refuse to pay when someone wins too much. That's why smart contracts were created. They can manage all of the payments automatically when certain conditions are met, allowing to guarantee that the winners will be rewarded. Blockchain is great for gaming and its possibilities are not fully explored. It's not just a way of monetization, is can allow to create new games that are based on the essense of this tech.

The thing you have said was right where using blockchain tech on a gambling business wont mean that is already decentralized the only thing it differs to traditional gambling site is the transparency but when it comes to manipulation. Crypto gambling sites isnt really totally safe at all when it comes to manipulation they can still apply it out but somehow its really easy to discover out unlike on centralized ones.
People or gamblers do prefer out to make use of crypto due to accessibility and anonymity.

I see blockchain's chance not in the decentralization, because as others have pointed out it using a decentralized payment option doesn't make the site decentralized, but in the anonymity and availability. Casinos aren't decentralized, just like most exchanges but blockchain adds the provably fair option and invites people who aren't allowed to play due to fiat restrictions in their countries.

Most of the popularity for online blockchain-based casinos comes from the fact that there is no identification required, thus allowing essentially anyone including minors to gamble. There are still fiat casinos out there that do things better than crypto casinos in several aspects, so I don't think that crypto-based casinos are going to completely replace fiat gambling, but it's definitely taking away a good chunk of the userbase of fiat casinos as of right now.

The adoption of cryptocurrency by gaming sites is also good for crypto adoption, which is good for essentially everyone in crypto already. Considering how big the gaming industry is at this moment in time, this is actually very significant.

I really think you are talking about gambling online and not a decentralized one the method of payment would be decentralized but the game of gambling is online and not in traditional one, I really think if there is manipulation in traditional casino's and gambling places there are house edge in online gambling that can be regarded as manipulation because the house would certainly wouldn't let you win, So In my opinion Traditional and online gambling are the same that is why gambling really is risky. 

Nope there are so many options for online gaming
Online gambling companies use blockchain because so far this the best option
In my own opinion blockchain use for fast payment transactions how casino can maniiptlation
Or scam the games

If there was something better than blockchain, to prevent from further cheating of the game or to add more chances of winning for the casino, I think it would be an option, but right now, we are currently undergoing one of the most significant technological advances in transactions and has an opportunity to be applied to other applications. Gambling area would be an excellent place to make sure that there is no cheating involved, just the new house edge. I think people who gamble using cryptocurrencies should know how to verify their bets.

It's not the only option but It's the best one. Provably fair hasn't been defeated yet, so we all know that it works. Of course it's important to note that we're talking about online gambling. Real casinos have too much to lose so nowadays they never try to scam people. Probably the closest they get to scamming is setting up slot machines to increase the odds. Some of the industry will never go online because they know that there's money to be made in face to face gambling.

With a bit of some gambling experience I will tell you that we love nothing less than proof and this is possible with crypto based casinos which allow us to verify a seed through decentralized gaming to ensure that it's truly probably fair to the player...which leads me to say this is truly the future of gambling.

Maybe it will happen in future, maybe - not. I highly doubt slot providers or etc move on it. Btw for card games they use random number generator with certificate of it's fairness. Currently blockchain technologies are going to implemented in more important tasks like land registry and so on because it adds an extra layer of protection to stored information.

I think yes for now blockchain especially using smart contract for auto payments is a perfect system to avoid scam from gambling site owners, in a centralized gaming site many instances reported for delaying winning rewards especially if it involves huge amount and the owner refuses to withdraw with so many reasons after you give up and receiving nothing, that was frustrating, blockchain can solve all of this problems.

I don't think it's going to be the only option, because the traditional casinos play a big role on the industry, especially the land based casinos, and their customers aren't worried about implementing Blockchain technology. Blockchain would become a must only if an overwhelming majority of gamblers ask for that, impacting the profits of traditional casinos, forcing them to make changes.

Anyway decentralized casinos aren't a guarantee of anything for many people. It's common to see people here saying even Crypto casinos with provably fair system cheat the players.

Till now even without block chain gambling has being running and was functioning well. So with blochchian it enhances an option of paying through online. It is an added advantage for the people who know how to use it and can make payment through it. But generally even if it stops it would not effect that much that can cause gambling a danger.

Such manipulations do occur in so many occassions. But having that decentralized gaming industry, how would that be? blockchain can't only be applied for payment but that's what we can see with the gambling industry, it's sole purpose is for the payment.

Nah, we can use Bitcoin as a payment when it comes online gambling industry. Because of blockchain technology and as what has Bitcoin's have, in every transaction made by blockchain it will be brought more convenient to do gambling especially when you are at home.
Meanwhile, as of now, I didn't have any experience on this since I do not fan on gambling.

Blockchain is not only for payment we can apply for so many fields like government sectors,to record information and in gaming industries too.There are many blockchain based games are available but they are not much reputed for now.

Blockchain can decrease scam for the gambling industry as it cant be easily. manipulated  due to its transparency and immutablity.
By the way, I thought most of the so called blockchain gambling sites do not really use blockchain but cryptocurrencies? Are there  gamblings  that are fully blockchain based/

Gambling reputation is negative and cant be erased even if they will shift to the blockchain .  gambling is not scamming nor cheating us because we think that they are always winning . thats not true . many players do also won and other gambling sites do also experience to go bankrupt.

block c. tech. isnt the only option for gambling industry because there are actually alot of platforms and technologies out there . blockchain is only new and it has some unique feature that can beat the existing ones  .

If decentralized casinos are the future then crypto may remain as only option to gamble with. Scams or hacking are happening as a common event everywhere hence only due to that reason, I am not seeing decentralized platforms to be more famous. I mean unless otherwise decentralized platforms are having their own attractive features and facilities to provide the maximum comfort and convinces, they cannot be the future way of gambling.

I foresee the co-existing of both types of casinos in coming years as none of them will be fulfilling all the expectations of a gambler and gamblers will choose either of them according to their need. Probably when more popularity and need of decentralized systems will be happening, we may see decline of centralized casinos.

Regardless of booming of decentralized casinos, I do see cryptos to be future of casinos. Yes, cryptos have already proved its worth for gambling hence cryptos will be the future of gambling and blockchain technology may follow cryptos slowly.

The use of DAPPS for proper decentralised gaming is only just beginning really, most websites are really centralised without only the payment methods having a connection to crypto.     I'd say we have a long way to go to advance the proper distribution of risk away from so many websites which are singular points of failure and risk for a consumer.     The best thing to do until that point is to reduce size to not hold too much in one place

That’s only the purpose of blockchain, to receive payment and to be more liquid aside from this there is none since most of the gambling site have their own system to use for. Manipulation is always there, but the technology is growing and we can’t be comfortable about the usage of blockchain.

There has a lot of other usages of blockchain than the only payment system. People are also utilizing it. China court said they will accept proved from blockchain based platform from copyright issue.

Well, it just shows and proves how useful block chain technology is nowadays that as time passes by, such innovations regarding money remittance in terms of fast transactions is one of the first purpose of it but now, it has already entered the gaming industry providing a convenient gaming experience with regards to online payments that must be done before consuming such gaming experience from service providers. Well, it does not certainly make gaming experience decentralized because there are games that just makes sense of using its conveniency in terms of payment processes. Talking about gambling, especially online, block chain technology has been adapted to suit players needs of fast transactions of deposit but it does not mean that block chain technology can only be the option for gaming experience because there is still make use of fiat depending on the resources you have. Well, in my gaming experience, I have already got into using block chain technology for my online games especially when it comes to online gambling into an  online casino (https://to.crwd.cr/smtm) I am currently into that accepts Bitcoin deposits for me to be able to enjoy playing their variety games as well as their welcome bonus for doing my first deposit.

Blockchain will be used not only in gambling and a payment gateway, but also it will be used on every branch of life. We have to wait to see what happen finally.

The decentralized system is the only system that can keep scam and manipulation out of the gambling and gaming industry.  We have seeing that happening already and I see a lot of improvement in future.  I three to four years to come we would see all this in full operation.

Well, the OP was not asking about blockchain uses but he was asking if blockchain could the only best option gambling gaming industries which I will say yes because in the situation where trust is needed while cheat is totally not acceptable it will get if blockchain was used.

It's already applied to some online crypto casino's and if you will hear out 'crypto casino' there will be a thinking that it's built through blockchain. I'm not against that blockchain will be used in every aspect of our lives.

But yeah, it's different and data inside the blockchain network can't be changed so it's really going to help who will adopt it. Abusers can easily caught out if the technology they run is blockchain. More improvements will be done and it's just getting better.

Integration of blockchain technology in the gambling industry might really help in fighting the rigged systems that are common in casinos. This will ensure higher chances of winning from the gamers' side. And with this enhancement of the gambling system, non gamblers might be attracted to try this industry. Thus, increasing the number of users and so the gambling industry will be a hit. Time will tell how far we are now in achieving this kind of environment in the gambling world. There are already few projects offering the utilization of blockchain technology in their betting platforms. We will know how efficient this system would be.

I never thought about it this way - I always thought that blockchain and cryptocurrencies are just a supplement to gambling sites thanks to the possibility of easy (anonymous) transfer of currencies. But the entire casino (maybe not a casino but a table for poker) as a smart contract - in fact it's possible in the near future. And I totally agree that it could significantly reduce the scams we face today ...

Or maybe there are such casinos today? Has anyone heard of this?

Right now, I admitted that blockchain still the best option for gambling gaming industries but if in the future, there is a new technology besides of blockchain and that technology offers the better technology than blockchain then the position will be change. Or maybe there will be a new technology which will be used for gambling industries but still have relation with the blockchain itself.

At present blockchain is making a big change everywhere with its efficient functioning over the traditional system. Gambling industry at present hasn't adopted the blockchain technology completely, because very few gambling websites have begun to make the the entire function on the blockchain platform. Some top blockchain platforms have come forward to start their own gaming and gambling access through blockchain.

I don't think that the chances of winning for gamblers will increase just because of this. Integration with blockchain can make the gambling experience more secure as it will show transparency for all.

But I don't see that it will add some chance of winning for most gamblers.

There's already many provably fair smart contract-based casinos out there on blockchains like Ethereum's and TRON's, but that really does not mean much if you don't happen to go through the code and verify things are as they should be. I suspect very few people take the time to do this. A lot of those casinos also make it pretty difficult to view the actual smart contracts as well, disappointingly. There's definitely potential in smart contract casinos, but more centralized ones will likely stay on top for a while more. 

Gambling industry successfully implemented the blockchain technology but it can be implemented anywhere so there needs to be someone who need to beleive on bloackchain and the real life usage on their industry.

Well that is not the case. Regardless of how many casinos start operating using the Eth blockchain, there would still be casinos that would work in the traditional channel and people would enjoy it. In countries like China, where there is no good signs for cryptocurrency to thrive, traditional casinos in places like Macao would still enjoy the monopoly and would work in their usual way.

At the same time, for online gamblers, there are other lots of developments are going on which are finding big success when adopting provably fair and blockchain based smart contracts for verification purposes. Still, blockchain cannot dominate 100% as per OP is foreseeing only option, that may not happen for ever ::).

It definitely will not.  Centralized gaming platforms will still exist for taxes and regulations in some cases. The centralized gaming platforms could  take advantage of blockchain cryptocurrency and smart contract while still remaining centralized.

I don't think blockchain gaming will be the only option to finally end scams in the gambling industry.

There will always be people who will prefer gambling with fiat money. Unless fiat money turns decentralized, blockchain gaming will just be among the options (though this really is the better option).

Yes gambling online is increasing but I dont think those have casinos will close their casinos because they are already established and they are already known with that casino, they just need to add their own site for gambling for those who wanted to play online but I don't think that physical gambling places will be gone soon.