Bitcoin Forum

Economy => Gambling discussion => Topic started by: BTCDestiny on January 08, 2020, 06:49:00 PM



Title: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: BTCDestiny on January 08, 2020, 06:49:00 PM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: DoublerHunter on January 08, 2020, 08:36:07 PM
You've answered your own question here and I am sure this is not an appropriate board for this topic. Kindly move to the gambling discussion board and probably much better. An additional to your answers are, avoiding KYC and easy to gamble using crypto because no one will know who you are(anonymously) not like using fiat it needs to reveal or link your bank account and probably identity.
Nevertheless, you are sincere here about having a survey and not advertising your own website. Good luck with your survey.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: harizen on January 08, 2020, 08:52:35 PM

"LESS HASSLE and CONVENIENT"

As a gambler, it shouldn't be a matter wherein they will use fiat or crypto to play gambling as long as they really want to gamble on that particular site. However, in general, depositing money to fiat gambling sites isn't really convenient to others and in most cases, only limited to a few deposit options which the usual method is bank deposit. And in case of big winnings, it will be subject to verification, not just with the site but once the money is withdrawn to the bank (alarm). Also, we need to provide our personal information.

In crypto-form of gambling, even a casual gambler or those who only do gamble for once a month, or even a kid can bet whenever they want without worrying about undergoing a hassle way of depositing funds to their preferred crypto gambling sites while at the same time enjoying their anonymity.

I do have experience using a fiat online gambling site back then. The deposit option was only limited to bank transfer. Although I feel safe because the site was reputable and operating with a license, I found it hassle to fund my account just to play.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: pakhitheboss on January 08, 2020, 10:24:59 PM
Gambling is not legal in many countries. Cryptocurrencies provide anonymity and thus it is convenient for many people to use it. At the same time cryptos like doge coins and tron are very cheap, using them to gamble does not burn the pockets. Gambling website that accepts crypto do not need KYC which means you are completely anonymous.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: stomachgrowls on January 08, 2020, 11:15:11 PM

"LESS HASSLE and CONVENIENT"


Similar words I do tend to say and that's the main reason why ive been hooked up on crypto gambling due to this.

Less hassle yet you wouldnt need your debit/credit card before you do play and theres no need for any kyc.

Convenient in the sense that you can play a wide variety of games by depositing crypto on a few clicks then you're
good to go.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: goinmerry on January 08, 2020, 11:42:27 PM
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

I have to agree to others here as well that crypto is more convenient to use compare to fiat. I don't see any fiat-based gambling site that doesn't need KYC and we aren't comfortable with that. Since it's easy to fund crypto, depositing to a crypto-gambling site is easy as well. No KYC, no documents, no blahblahblah, just an email and we can now start to gamble.

If only fiat-based gambling does have that, maybe I consider using them. Don't have an update as now if there's a change in their usual deposit methods.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: magneto on January 09, 2020, 12:58:13 AM
Provably fair is definitely a big contributing factor. Traditional online casinos have big house edges and don't have provably fair mechanisms, which makes you aways skeptical of whether or not they are truly safe and fair especially when you see stories of very shady circumstances under which people lose money.

Also, convenience. As others have mentioned, crypto deposits take no time to hit (if you are playing on a casino with 0 confirmation deposits), and have no fees attached to them compared to something like Skrill or Neteller which could take a while to recharge from your bank.

I think the one thing that people failed to mention in general is the community. Crypto casinos generally do a much better job cerating a sense of community, through chatrooms, events, etc. compared to fiat ones.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: GreatArkansas on January 09, 2020, 01:35:34 AM
Everyone has a different reason why do we use crypto to gamble. Well, I'm glad that cryptocurrency has good benefits for using it on gambling.
For me, just like what @harizen told and I think that's also one of the most reason for majority gamblers that uses cryptocurrency.

For now, I'll give a scenario about that for what I experienced using crypto and using fiat.
E.g. I tried to gamble in some online websites based on our country and before I can gamble, I needed to withdraw my money from ATM Bank and go to some money send an express to send my cash-in my money to the gambling site and I need to wait because there's a lot of people.

So, if we do it using cryptocurrency, hell yeah. LESS HASSLE and CONVENIENT, and MUCH CHEAPER too since of some fees compare sending fiat to the gambling site.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Lakai01 on January 09, 2020, 05:05:19 AM
Well, because its easier to hide your losses from your wife :P

"Darling, our bank statement shows that you spent 100$ at an online casino last month? What happened to that money?" simply can't happen when you use cryptos ;)


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Mahanton on January 09, 2020, 05:17:15 AM
Provably fair and anonymity on why I do make use of crypto when I do gambooooool.  ;D

Well, because its easier to hide your losses from your wife :P

"Darling, our bank statement shows that you spent 100$ at an online casino last month? What happened to that money?" simply can't happen when you use cryptos ;)

Valid reasoning imho and you wont really have these kind of problems if you do use up crypto into your gambling activity.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: acroman08 on January 09, 2020, 05:37:20 AM
like what harizen said "LESS HASSLE and CONVENIENT" but for me being able to play in such small amounts (which you can't do in most local gambling casino(or at least in my area) is one of the reasons I specifically use crypto for gambling. also, having a wide range of gambling game and online gambling casino that gives the best opportunity to earn and enjoy the game is definitely a must-try and will be a waste to miss it out.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Haunebu on January 09, 2020, 08:02:56 AM
Biggest reasons for me to gamble are:

- Ability to gamble with amounts as low as 1 satoshi(Difficult to find such low amounts in a FIAT based casino)
- No KYC ensures that my identity is anonymous
- Simple registration process
- Possibility to earn more thanks to the volatile nature of crypto


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ultrloa on January 09, 2020, 08:44:10 AM
The list below is the reason why I prefer to gamble with crypto.

Less fee on transactions,
Anonimosity,
Convenience
No KYC
and Far from legal authorities.

And it really minimize the hassle since in fiat we can get a hard time for any legal documentation which is totally sucks to provide with and imagine how big the fee's we will pay for every transactions we made.



Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Ucy on January 09, 2020, 08:50:11 AM
I guess many choose crypto for the anonymity/pseudo anonymity it offers. Crypto-gambling also tends to attract people who are already familiar with crypto.     International gambling owners probably find cryptocurrency payment better & easier to integrate into their sites. And crypto is quite easy to get and use worldwide. Provable fair is an important factor too.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Pmalek on January 09, 2020, 01:43:30 PM
The banks in my country limit deposits and withdrawals to and from gambling-related websites so it makes it troublesome for me to gamble on the sites I want to. With crypto casinos and sportsbooks I don't have those problems. There is also no KYC and lengthy verification procedure. The maximum I had to do was submit and verify a valid email and phone number.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: dark08 on January 09, 2020, 01:54:33 PM
Gambling is not legal in many countries. Cryptocurrencies provide anonymity and thus it is convenient for many people to use it. At the same time cryptos like doge coins and tron are very cheap, using them to gamble does not burn the pockets. Gambling website that accepts crypto do not need KYC which means you are completely anonymous.

Yup this is right in my country gambling is not legal thats one reason why I use crypto gambling site to play online casino games.
Another reason the transaction fee was too small plus less hasle and easy to use all you need is good internet and fund to your account some popular gambling site also offer a contest, bonuses and exciting suprises.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: nydiacaskey01 on January 09, 2020, 11:13:14 PM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks
I gamble online rather than going to a brick and mortar casino because I don't want to expose my self that I am into gambling. Another is casinos in our place are far from my house, it will take me an hour drive of traffic and I need to dress up appropriately just to be allowed to come inside their casino and play. Unlike going online its the opposite.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: DarkDays on January 09, 2020, 11:16:17 PM
Personally, I just happen to have more invested in cryptocurrency than I do fiat currency, hence why it's more practical for me to simply tap into my crypto reserves to gamble.

Plus, I prefer the anonymity of it. I don't think I have ever been asked to provide my KYC details to a crypto gambling portal, whereas practically every fiat online casino required KYC.

I'm not in the business of giving out my identity information to just anyone, so I prefer not to do it where possible.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: hopenotlate on January 10, 2020, 08:26:51 AM
The provably fair part, versus the probably fair of Fiat casinoes, is the feature that definitely makes me gamble, and lose, serenely.
Also skipping the hassle to verify our identities sending documents bills and all the stuff is a big plus for crypto gambling. Not to talk about gambling legal regulation restricting many players to their own sites or completely prohibiting gambling.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: elvirecam430 on January 10, 2020, 08:28:55 AM
Gambling is not legal in many countries. Cryptocurrencies provide anonymity and thus it is convenient for many people to use it. At the same time cryptos like doge coins and tron are very cheap, using them to gamble does not burn the pockets. Gambling website that accepts crypto do not need KYC which means you are completely anonymous.

Exactly. Gambling is illegal in many countries which makes anonymity quite important in my opinion.
Way more convenient is another reason as well. Easy and quick to exchange from this currency to another already make my life easier when gambling online.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Ahimoth on January 10, 2020, 09:52:22 AM
The provably fair part, versus the probably fair of Fiat casinoes, is the feature that definitely makes me gamble, and lose, serenely.
Also skipping the hassle to verify our identities sending documents bills and all the stuff is a big plus for crypto gambling. Not to talk about gambling legal regulation restricting many players to their own sites or completely prohibiting gambling.

Kyc as part of regulation was very unpleasant when you're having so busy days, and about the submission of legal documents like your full identity; I don't think its fair enough. We're in danger of our safety due to danger of security breaches of our personal data information. Crypto gambling site is much advantage instead of fiat betting, and the anonymous playing can be enjoyed independently.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: bering on January 10, 2020, 12:37:40 PM
Provably fair is mandatory so i think every gambling sites should have this and one of the reason why i choose gamble with crypto because gambling is something can recognize as bad habit in my country so although i was gamble but i don't want people know it so gambling use cryptocurrency can give me confortable feeling while gamble without people know my habit and also there was no land based casinos can be visitied in my country so one of the way if i want to gamble is visiting online gambling sites


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: kryptqnick on January 10, 2020, 02:42:09 PM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks
I, for one, wasn't into gambling at all before I got acquainted with cryptos and gambling websites as use cases. The possibility of having provably fair games is very important, because I indeed would  not trust that a casino is playing by the rules. Especially with this association between classic casinos and criminals. Another strong reason for me is that I don't want to pass KYC and have my bets as banking transactions connected to my identity. It can be used to manipulate me, so I prefer not to give off information unless it's necessary.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ashmodeus on January 10, 2020, 02:55:21 PM
my answer is simple.
because using crypto is simple, i don't have to do anything for spend my money.
register,deposit,play,withdraw,done.
using fiat ? errr, its just complicated thing for me.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Ryker1 on January 10, 2020, 03:21:03 PM
Well, we have different reasons why someone chooses crypto when they are going to gamble.
The number one reason, of course, the anonymity. They dont want to reveal their real identity in gambling and probably it will link to your bank accounts or credit card when you are using fiat money. Cryptocurrency is freely used and convenient to use.
Another thing is very fast transactions have when it comes cash out and cash in.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: naikturun on January 10, 2020, 03:35:54 PM
because it won't be too complicated, and also some regulations in each country are different, so it's easier to use crypto you just transfer, send and play.
whereas if fiat has to confirm your bank account, and other data for verification  ;D


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: veleten on January 10, 2020, 06:53:02 PM
well you kinda nailed it in your post , OP
for me the most important reasons are:
1. no KYC
2. instant deposits withdrawals  , limited only by the network speed , while in the ususal casinos you can wait for our money for days if not weeks
3. low house edge - 1% is the standard
4. provably fair , means I can be sure that there are no shenanigans going on

mostly it is the ease of use and convenience, once you played at one casino / dice , you , practically need no time to adjust to a new site
if you decide to play elsewhere , the interface and the principles are same , just the looks and details are different


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: viscabtc on January 13, 2020, 12:43:47 PM
my bank will not let me gamble despite my being in a country that actually licences sportsbooks and casinos (Malta).
I see the UK gambling regulator is about to ban credit card deposits for sportsbetting (https://www.canadasportsbetting.ca/news/is-the-end-nigh-for-online-betting-with-credit-cards.htmll).. no doubt this will drive some more punters to gamble via BTC/crypto.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: veleten on January 13, 2020, 03:20:23 PM
my bank will not let me gamble despite my being in a country that actually licences sportsbooks and casinos (Malta).
I see the UK gambling regulator is about to ban credit card deposits for sportsbetting (https://www.canadasportsbetting.ca/news/is-the-end-nigh-for-online-betting-with-credit-cards.htmll).. no doubt this will drive some more punters to gamble via BTC/crypto.


uh the link is broken , for a second I thought it was a legit news
if the UK gambling regulator would ban credit cards for gambling , this could make their casinos suffer huge loss
since almost every big bettor is a debit/credit card depositor , there are not so many using Skrill or other means
but this is one of the main advantages of gambling with the cryptocurrencies - almost instant deposits and withdrawals , no hassle
no need to deal with banks or regulators who love to "take care" of you by putting a wrench in the spinner of your gambling


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: vjoseph.s on January 14, 2020, 07:47:54 AM
Because usually they allow you to play and invest. Don't know if you guys have heard that lottoshi.io (http://lottoshi.io) is something like that


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: dimonstration on January 14, 2020, 07:53:40 AM
Well, we have different reasons why someone chooses crypto when they are going to gamble.
The number one reason, of course, the anonymity. They dont want to reveal their real identity in gambling and probably it will link to your bank accounts or credit card when you are using fiat money. Cryptocurrency is freely used and convenient to use.
Another thing is very fast transactions have when it comes cash out and cash in.

Gambling sites didn't require KYC so it's good to do gambling online especially if it's considered as illegal activity in my country. Especially crypto gambling have many choices unlike in physical casino and some websites that have only specific game or still than laggy. We know crypto gambling sites are many now and much easier to access.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: 97bj91 on January 15, 2020, 01:26:39 PM
simply because it can completely hide your identity not like any other lotteries or gamble games that they are publicly announcing your profile to the whole world while you want to enjoy your win by yourself.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ethereumhunter on January 15, 2020, 04:31:14 PM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks

People use crypto for gambling is because they can hide their identity. They can get a free coin for testing the gambling site before they send any coins. That will prevent them from getting scam from the site so they can choose the recommended gambling site. Besides that, some country doesn't allow their people playing gambling, so people choose the crypto gambling site. You can choose so many gambling games in every gambling site so you can feel enjoy to play the game one by one.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: BitcoinsGreat on January 15, 2020, 06:03:45 PM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks

To tell you truth, i did very little gambling with my credit card online. The main reason was that i was not secure that by using my card, it could be misused by the site itself and giving the card informational and details is not secure. With bitcoin, it is very easy to deposit and withdraw funds to and from the gambling sites. Crypto has made gambling very easy to play.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: AsleepControl on January 22, 2020, 09:43:29 AM
It's easy, fast and (maybe) secured.. just like what every crypto token/coin offers.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: arwin100 on January 22, 2020, 01:18:48 PM
It's easy, fast and (maybe) secured.. just like what every crypto token/coin offers.

Easy and fast it could go with it but secure maybe not since there's a huge risk that crypto will get hack but for sure user doesn't care this anymore since many of us are aware for that matters.

But what I like the most on betting using crypto is the convenience and the less transaction fees since you cannot get these two in Fiat since it gave a stress for transactions we made.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: joshy23 on January 22, 2020, 03:45:37 PM
Using crypto you can just play and go without any problem. Unlike with Fiat base casinos you need to submit documents before you can start and play. The beauty of crypto being collaborated with gambling industries it helps a lots of gamblers who also working with crypto to bet as quick as they want.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ryzaadit on January 22, 2020, 04:57:42 PM
Some of the countries could be restricted doing a gamble at a public place, so basically they choose online gambling for the alternative. We also have some different reason why online gambling more popular than real live gambling, because everyone can do a gamble anytime & anywhere. About "why everyone choosing crypto as the fund", because at crypto you can send funds without being limited & waiting for the fund has arrived. If you choosing bank transfer its probably will take care of a lot of times, everyone dont want to wait so long waiting their fund has arrived that why the reason why crypto better than bank transfer.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Ryker1 on January 22, 2020, 05:07:45 PM
[snip]
Gambling sites didn't require KYC so it's good to do gambling online especially if it's considered as illegal activity in my country. Especially crypto gambling have many choices unlike in physical casino and some websites that have only specific game or still than laggy. We know crypto gambling sites are many now and much easier to access.
Well, you are wrong on this perception because there are few online gambling sites that acquires KYC verification, perhaps they doing it just because they are following some rules or the jurisdictions of government that avoid money laundering. But, there's a big but-- a gambling sites that have to implement KYC are usually no one will visit or maybe there is but those gamblers that they dont care to reveal their real identity. Most cases like this are those gambling sites that accept bank account or credit card to gamble not a cryptocurrency. Indeed, that is right. Online gambling platforms that accept crypto are easy to access and use.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: sunsilk on January 22, 2020, 10:39:24 PM
The majority will say because it doesn't require you to verify your location, your name and even other important details that you have which requires you from entering to a normal physical casino.

The minimum amount that most crypto casinos are even low so this is really part of the convenience that it brings to the gamblers like me.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: dunfida on January 22, 2020, 10:49:56 PM
[snip]
Gambling sites didn't require KYC so it's good to do gambling online especially if it's considered as illegal activity in my country. Especially crypto gambling have many choices unlike in physical casino and some websites that have only specific game or still than laggy. We know crypto gambling sites are many now and much easier to access.
Well, you are wrong on this perception because there are few online gambling sites that acquires KYC verification, perhaps they doing it just because they are following some rules or the jurisdictions of government that avoid money laundering. But, there's a big but-- a gambling sites that have to implement KYC are usually no one will visit or maybe there is but those gamblers that they dont care to reveal their real identity. Most cases like this are those gambling sites that accept bank account or credit card to gamble not a cryptocurrency. Indeed, that is right. Online gambling platforms that accept crypto are easy to access and use.
Online gambling wayback before are for those people who are willing to use up their credit/debit cards and showing up their identity but somehow
theres still lots of gamblers do play even into this kind of system where privacy is shown out.

When crypto gambling comes out then it do really slash out that kind of system where most people do prefer.If we do try to look the gambling market
not only on fiat but here on crypto then you can really see the demand.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Zicadis on January 22, 2020, 10:59:54 PM

Online gambling wayback before are for those people who are willing to use up their credit/debit cards and showing up their identity but somehow
theres still lots of gamblers do play even into this kind of system where privacy is shown out.

When crypto gambling comes out then it do really slash out that kind of system where most people do prefer.If we do try to look the gambling market
not only on fiat but here on crypto then you can really see the demand.

Well, now that some countries are actually going to be banning the use of credit cards for online gambling, I think that's going to become less of a concern over time.

This will ultimately push more people to invest in cryptocurrencies to continue their hobby, which will actually make the industry more about avoiding bans, rather than actually benefitting from the underlying properties of cryptocurrencies.

Nonetheless, I personally use cryptocurrencies to gamble simply because of the quick deposit times. Previously, playing at sportsbooks like Williamhill and Bet365 the deposits would take ages to show up on my account when using Skrill, so I began to turn to LTC and BTC deposits on alternative sportsbooks.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: plast555 on January 27, 2020, 06:55:47 PM
The main reason to use cryptos for gambling is privacy where most or almost all of the crypto casinos don't require user's details or any KYC to gamble. And most of the crypto casinos proving the users some free cryptos to gamble with as part of their marketing initiative so it's just free money to gamble. The government restrictions in using the fiat casinos are increasing these days in several countries


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Ailmand on January 28, 2020, 06:48:30 AM
Most people choose online gambling because of convenience and anonymity. Creating an online account in gambling and depositing/withdrawing money is just a minute away, and not to mention your identity not being disclosed when you gamble. Also the wide variety of games you can choose from. Instead of going to casinos you can just sit at your own computer or even use your mobile phone to gamble.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: shoreno on January 28, 2020, 07:16:51 AM
most of the reason you list are way too common , i mean not only for a gambling site that uses a crypto as payment method but also to a normal gambling site that only accept centralized payment methods but the only one i think the difference on why crypto can stand out is that it offers something unique that arent available on a regular gambling site  . example could be betting anonymously  , no names or other sensitive info involved aside from the date and time of the created transactions  .


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Naida_BR on January 28, 2020, 08:45:42 AM
I choose crypto to gamble because I can do it anonymously and fast.
If I choose to gamble on a game, I will make my deposit and start playing in just few minutes without wondering what it is going to happen with my money on the bank.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: michellee on January 28, 2020, 08:58:01 AM
The most important from using crypto is because we don't have to verify ourselves in the gambling games. We only need to register with our email and make a password to login to that site so we can directly play any games. Besides that, we can get a free coin that is available on that site to start because many gambling sites offer this feature to their members. When in our country, gambling is prohibited, we can use an online gambling site to gamble, and the best is we can use crypto to gamble.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Fundamentals Of on January 28, 2020, 09:02:30 AM
I specifically use crypto to gamble but not to gambooool. Lol.  ;D

Kidding aside, I use crypto because that is the easiest option for me. No hassles with crypto than with fiat. There is no account carrying your personal information involved with crypto gambling.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: nydiacaskey01 on January 28, 2020, 09:26:11 AM
Seriously my spouse doesn't know what I do with my coins. All she knows is that I have them and it grows when I trade them. She has no idea that I use it to gamble. The money that I earn from my day job, its all intact in my ATM card and my spouse have it. I don't take anything from it however, whatever I earn from my coins regardless if it is from trading or gambling, it's all mine.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ice18 on January 28, 2020, 09:45:59 AM
Using crypto to gamble is one of the easiest and convenient way to play in your favorite sportsbook, you dont have to go to any gambling casinos in your place, you can do it anywhere as long as you have data connection in your smartphone or laptop even on the street while walking using your phone.   


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: bobyhodob on January 28, 2020, 09:50:40 AM
Using crypto to gamble is one of the easiest and convenient way to play in your favorite sportsbook, you dont have to go to any gambling casinos in your place, you can do it anywhere as long as you have data connection in your smartphone or laptop even on the street while walking using your phone.   

Correct
Now we can play anywhere even in the office lol
gambling with crypto for me as we have entered a new era, even more security is better than gambling using fiat


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Genemind on January 28, 2020, 10:10:36 AM
Gambling is not legal in many countries. Cryptocurrencies provide anonymity and thus it is convenient for many people to use it. At the same time cryptos like doge coins and tron are very cheap, using them to gamble does not burn the pockets. Gambling website that accepts crypto do not need KYC which means you are completely anonymous.


This is definitely true. Gambling is prohibited in most countries and gambling using crypto is the only thing that would allow them to gamble freely. It's hassle free and it allows them to pursue earning and reach their goals of gaining a good profit without restrictions.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Ucy on January 28, 2020, 10:58:15 AM
like what harizen said "LESS HASSLE and CONVENIENT" but for me being able to play in such small amounts (which you can't do in most local gambling casino(or at least in my area) is one of the reasons I specifically use crypto for gambling. also, having a wide range of gambling game and online gambling casino that gives the best opportunity to earn and enjoy the game is definitely a must-try and will be a waste to miss it out.

I'm a bit surprised to know that crypto casinos have more variety of games than their fiat-based counterparts. I wonder why this is so. Are the fiat-based casinos not allowed to have many games or something? Or is it expensive to run many games on fiat casinos?
Anyway, the provable fair is one of the most important features I will look out for before using a casino


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: peter0425 on January 28, 2020, 11:02:51 AM
others; and that is accessibility and availability ,people like us who has a regular day job and helping my wife in her business ,i have no chance going on a casino or other gambling places so i need to have speed access in gambling and that is the Crypto Gambling .simple but truthful  :D


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: passwordnow on January 28, 2020, 11:36:12 AM
Others.
Other than being unique because the traditional way of gambling that we used to grow up is with fiat. So why not take it to the next level and gamble with cryptocurrencies? the features that it has provided to us are awesome as mentioned by everyone. For withdrawals, majority of the reputable casinos will not give you an headache.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: imstillthebest on January 28, 2020, 12:52:40 PM
Others.
Other than being unique because the traditional way of gambling that we used to grow up is with fiat. So why not take it to the next level and gamble with cryptocurrencies? the features that it has provided to us are awesome as mentioned by everyone. For withdrawals, majority of the reputable casinos will not give you an headache.

thats us people  .

we love to try something that is new   , and crypto is new so we imediately grab it and we are impress because using crypto in a gambling site is perfect because we all know that gambling site are sometimes not legal and also , our personal bank or credit cards wont allow to link to a gambling site   . we only need to be careful by chosing a crypto wallet because some crypto wallet does not also allow fund that came from gambling site  .


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: LbtalkL on January 28, 2020, 01:47:07 PM
Do you want to play and bet with your bank accounts, or Paypal? Not right? Some gamblers don't want to expose sensitive details and those platforms are costly and banks are not allowing gambling stuff they can freeze your account anytime which is scary unlike cryptocurrency no restriction you can join wherever you are with less fee and no banks intervention why is why most gambling platform uses cryptocurrency.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: akhjob on January 28, 2020, 01:58:03 PM
I chose crypto to gamble because of the following reasons
- No need for KYC
- Easy and hassle free
- Avoid Govt restrictions because of anonymity
- Make ultra small bets and prolong the joy of gambling etc.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: 97bj91 on January 29, 2020, 11:55:02 AM
It's easy, fast and (maybe) secured.. just like what every crypto token/coin offers.

Easy and fast it could go with it but secure maybe not since there's a huge risk that crypto will get hack but for sure user doesn't care this anymore since many of us are aware for that matters.

But what I like the most on betting using crypto is the convenience and the less transaction fees since you cannot get these two in Fiat since it gave a stress for transactions we made.

I don't think cryptocurrencies/tokens can be hacked. Man, blockchain! lol it can be a scam but hack? i don't think so.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: samcrypto on January 29, 2020, 12:08:30 PM
Using crypto to gamble is one of the easiest and convenient way to play in your favorite sportsbook, you dont have to go to any gambling casinos in your place, you can do it anywhere as long as you have data connection in your smartphone or laptop even on the street while walking using your phone.   

Correct
Now we can play anywhere even in the office lol
gambling with crypto for me as we have entered a new era, even more security is better than gambling using fiat
I gamble a lot during the office hours and yes its very convenient and you can play the games that you want since most of the games are there in crypto gambling. Though I didn’t use my bitcoin anymore for gambling because I’m waiting for the bull market, I do stop using my crypto in gambling especially when I know that the bull is about to come.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: swogerino on January 29, 2020, 12:21:15 PM
I think that not all people are tech savvy and the ones who are like to take advantage because of technology,in this case of crypto technology.The users who have a bitcoin wallet and know the basics of computer systems prefer to play with crypto as it is somewhat more anonymous than traditional Fiat casinos.There are somewhat more betting options in a crypto casino,comparing sportsbet.io and bet365 I see a lot more betting options from Sportsbet.io casino.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Janation on January 29, 2020, 12:22:28 PM
Because I can avoid using my salary.

I still use my salary to gamble but not that much now since I can use some of my cryptocurrencies in some of the gambling sites I store. Mostly I just get free satoshis from the faucets of that certain site.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Darker45 on January 29, 2020, 01:35:17 PM
I use both crypto and fiat for gambling. When online, I am focused on crypto gambling sites, may it be a casino or a sports betting site. But when offline, I cannot use crypto because most of my gambling friends do not know anything about crypto. So that would be on a fiat basis. So I guess I could sum it up as offline = fiat and online = crypto. Why crypto? Because of the anonymity it offers. Fortunately, most betting sites and casinos do not ask for KYC, or at least I haven't been asked for it. And another thing is that the deposit does not involve inputting your bank account number or even your name. And the withdrawal does not cost even a single Satoshi.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: dothebeats on January 29, 2020, 01:46:28 PM
The comfort of not getting 2FA and instant/fast withdrawals always amuse and satisfies me. Plus gambling with crypto comea in with lots and lots of promotions to the degenerate playing unlike traditional online gambling sites out there that doesn't do much to their patrons. Also, anonymous people on crypto games trollboxes are much easier and more entertaining to deal with than the bunch of egoistic scumbags on traditional gamblibg sites. I'm okay with losing as long as I'm still entertained with the interactions I get from my fellow degens.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ethereumhunter on January 29, 2020, 02:55:23 PM
I chose crypto to gamble because of the following reasons
- No need for KYC
- Easy and hassle free
- Avoid Govt restrictions because of anonymity
- Make ultra small bets and prolong the joy of gambling etc.

No need for KYC and avoid government restrictions is the most reason why we gamble using crypto. And if we bet on a crypto gambling website, we don't have to worry if we break the law because we are using the internet to gamble. But maybe some countries will ban gambling in your country so you can use a VPN to playing gambling. The other reason is maybe we can get free coins as a start, so we don't have to send the coin first to try.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Quidat on January 29, 2020, 08:29:41 PM
The comfort of not getting 2FA and instant/fast withdrawals always amuse and satisfies me. Plus gambling with crypto comea in with lots and lots of promotions to the degenerate playing unlike traditional online gambling sites out there that doesn't do much to their patrons. Also, anonymous people on crypto games trollboxes are much easier and more entertaining to deal with than the bunch of egoistic scumbags on traditional gamblibg sites. I'm okay with losing as long as I'm still entertained with the interactions I get from my fellow degens.
Same thoughts and preference when we do talk about on getting fun not only on the game itself but also to the community you are dealing or chat with.
I dont like to be hassled just like on what we do experience on typical fiat gambling site.This is why crypto gambling do become vast and known due to
features that traditional sites doesnt have. Anonymity and less hassle in terms of deposits and withdrawals where you can directly play on just having some few clicks.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: blckhawk on January 29, 2020, 10:05:38 PM
More privacy through anonymity, makes it a less worry to have your transactions recorded elsewhere that might bring some concerns later. Having the ability to gamble without such surveillance is a breeze.

Aside from that, transfers on crypto-wallets are much faster, with lesser fees, than traditional banking.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: passwordnow on January 29, 2020, 10:35:15 PM
Others.
Other than being unique because the traditional way of gambling that we used to grow up is with fiat. So why not take it to the next level and gamble with cryptocurrencies? the features that it has provided to us are awesome as mentioned by everyone. For withdrawals, majority of the reputable casinos will not give you an headache.

thats us people  .

we love to try something that is new   , and crypto is new so we imediately grab it and we are impress because using crypto in a gambling site is perfect because we all know that gambling site are sometimes not legal and also , our personal bank or credit cards wont allow to link to a gambling site   . we only need to be careful by chosing a crypto wallet because some crypto wallet does not also allow fund that came from gambling site  .
We love to do it as long as it's possible and legitimate. There were new methods that I have seen before but many of them were not legitimate and just made their casino with a different purpose. It is one of the usefulness of crypto casino, we don't have to link our cards at least for some there is an option to link your cards and get with KYC for approval of your accounts or increase in limitation. But most casinos doesn't require KYC which is being liked by many for the convenience that it brings.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: KnightElite on January 29, 2020, 11:43:58 PM
I use both crypto and fiat for gambling. When online, I am focused on crypto gambling sites, may it be a casino or a sports betting site. But when offline, I cannot use crypto because most of my gambling friends do not know anything about crypto. So that would be on a fiat basis. So I guess I could sum it up as offline = fiat and online = crypto. Why crypto? Because of the anonymity it offers. Fortunately, most betting sites and casinos do not ask for KYC, or at least I haven't been asked for it. And another thing is that the deposit does not involve inputting your bank account number or even your name. And the withdrawal does not cost even a single Satoshi.
I do not use fiat in any online gambling sites and games because it is illegal in my country where I can be caught by our law enforcement, I just playing gambling with use of bitcoin because there is regulation in my country that been legalized the usage of the bitcoin. I also prefer to play in gambling sites that doesn't require my IDs because I want to stay anonymous anytime just to protect my identity and for me to have safety.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: leowonderful on January 30, 2020, 12:53:16 AM
I do have accounts on sites in my country that require verification (with valid and legitimate IDs, of course), but because I earn a lot of money in cryptocurrency and I end up holding a lot of crypto as a result, I often find it more convenient to use crypto from my hot wallet on my phone than with fiat methods of transfer. I find the game selection to be pretty much the same if not less with crypto casinos, and most crypto casinos are pretty much equal to the fiat ones I find online that are available to me as well, with a few exceptions that fiat casinos do better, usually with support.

Anonymity is also one of the reasons why I gamble with crypto, though it's also important you're taking the proper security measures while doing so if you're gambling with crypto primarily for this reason. A lot of people don't cover their tracks well.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Assface16678 on January 30, 2020, 02:13:24 PM
The comfort of not getting 2FA and instant/fast withdrawals always amuse and satisfies me. Plus gambling with crypto comea in with lots and lots of promotions to the degenerate playing unlike traditional online gambling sites out there that doesn't do much to their patrons. Also, anonymous people on crypto games trollboxes are much easier and more entertaining to deal with than the bunch of egoistic scumbags on traditional gamblibg sites. I'm okay with losing as long as I'm still entertained with the interactions I get from my fellow degens.

Gambling is one of the best game we ever play because it can give a lot of fun and excitement to the player and satisfies their desire to play gambling games. Still, most of the time the people went into a gambling house or place because they want to earn extra more money to play, and some of them are already rich because of playing gambling. Still, before to win this game also it is better we know the basics of gambling like the rules and instructions to avoid having some trouble. Also, with the use of the internet, we can now search for some techniques that we can learn and adapt to playing gambling, so it will now increase the chance of winning the game. We all know that gambling is one of the easiest ways to earn money but still it is riskier because we are waging our money depends on the card, dice or ball.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: romero121 on January 30, 2020, 02:19:37 PM
Gambling is all about fun/entertainment for a small group of people. Another group consider it a way to multiply the amount one have got in the wallet. More the risk involved more will be the possibility to profit as well as the chances of losing. In most cases people prefer cryptocurrency into gambling for the purpose of staying away from legal issues as very few countries around the globe has legalized gambling.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Darker45 on January 30, 2020, 02:42:21 PM
I use both crypto and fiat for gambling. When online, I am focused on crypto gambling sites, may it be a casino or a sports betting site. But when offline, I cannot use crypto because most of my gambling friends do not know anything about crypto. So that would be on a fiat basis. So I guess I could sum it up as offline = fiat and online = crypto. Why crypto? Because of the anonymity it offers. Fortunately, most betting sites and casinos do not ask for KYC, or at least I haven't been asked for it. And another thing is that the deposit does not involve inputting your bank account number or even your name. And the withdrawal does not cost even a single Satoshi.
I do not use fiat in any online gambling sites and games because it is illegal in my country where I can be caught by our law enforcement, I just playing gambling with use of bitcoin because there is regulation in my country that been legalized the usage of the bitcoin. I also prefer to play in gambling sites that doesn't require my IDs because I want to stay anonymous anytime just to protect my identity and for me to have safety.

You're from the Philippines, right? I saw you posting in the local section. This response of mine is for clarification's sake.

Filipinos are not prohibited by any law to gamble online or play in online casinos. They can play and gamble online, may it be through sports betting or playing casino games such as slots or dice or anything else unless specified by the country's gambling laws to be prohibited. The only condition is that they should be gambling on sites that are licensed and regulated offshore. Meaning to say, they cannot play on online casinos that are licensed and regulated in the their own country.[1]

[1] https://www.legalonlinecasinos.ph/


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Debonaire217 on January 30, 2020, 02:48:06 PM
Gambling is all about fun/entertainment for a small group of people. Another group consider it a way to multiply the amount one have got in the wallet. More the risk involved more will be the possibility to profit as well as the chances of losing. In most cases people prefer cryptocurrency into gambling for the purpose of staying away from legal issues as very few countries around the globe has legalized gambling.

In my opinion, more risk doesn't directly mean that more profits could possibly be obtained, in gambling, most of the time we stick to one betting platform only, in this regard, the risk is already measured by us and will just depend on how much we bet, because basically I believe that if we bet huge amount, it doesn't mean we are increasing the intake of possible risk to it, risk is just a fix value for me, that we get right from the start when we first cash in to our gambling platform accounts.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: michellee on February 04, 2020, 05:18:52 AM
Gambling is all about fun/entertainment for a small group of people. Another group consider it a way to multiply the amount one have got in the wallet. More the risk involved more will be the possibility to profit as well as the chances of losing. In most cases people prefer cryptocurrency into gambling for the purpose of staying away from legal issues as very few countries around the globe has legalized gambling.

In my opinion, more risk doesn't directly mean that more profits could possibly be obtained, in gambling, most of the time we stick to one betting platform only, in this regard, the risk is already measured by us and will just depend on how much we bet, because basically I believe that if we bet huge amount, it doesn't mean we are increasing the intake of possible risk to it, risk is just a fix value for me, that we get right from the start when we first cash in to our gambling platform accounts.

The risk will always be behind us in anything, not just in the gambling industry. If people can know about the risk and accepting the risk, they can use the money for anything they want, and they will not have a problem if they lose the money in gambling. When we bet in a big amount, we need to know that the chance behind the bet will be bigger too. And we need to understand that in gambling, we will have two options, win or lose, so we can be careful in placing the bet amount.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: carlisle1 on February 04, 2020, 05:41:37 AM
main reason is of course accessibility and the easiness to use,imagine i can Gamble and also Invest in cryptocurrency?
because whenever i am winning?i make sure that part of my wins will go to my Holding,this is for my future profit while the remaining will be for my family and friends and also the other part will be for my future betting of course.
bu this i can keep my habit and also my investments.
though i am not that active in gambling again for some reason but i make sure to gamble at least once a week or twice a month.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: peter0425 on February 04, 2020, 05:52:41 AM
Gambling is all about fun/entertainment for a small group of people. Another group consider it a way to multiply the amount one have got in the wallet. More the risk involved more will be the possibility to profit as well as the chances of losing. In most cases people prefer cryptocurrency into gambling for the purpose of staying away from legal issues as very few countries around the globe has legalized gambling.
yeah legalities and privacy as what most of us love playing with crypto than Fiat or other form of payments to gamble.
because this is what most casino sites offers,and after winning they can even use Mixers to keep more safer and private,also same reason why many are looking for this as suspicious and illegal ,but what for me?that is i can play anywhere and anytime lol.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: qwertyup23 on February 04, 2020, 06:55:41 AM
As someone who previously visited casinos to gamble using fiat, gambling through the use of cryptocurrencies provide me the convenience and privacy that I need.

Also one thing to mention, gambling using cryptocurrencies prevent you from overspending your resources. Usually in casinos, they try their best to lure the audience and hang around the vicinity. Most of the time, they give discount coupons for food, additional winning percentages, etc. and that is also the reason on why some gamblers who already WON end up spending their winnings and lose eventually.



Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Golftech on February 04, 2020, 07:02:15 AM
As someone who previously visited casinos to gamble using fiat, gambling through the use of cryptocurrencies provide me the convenience and privacy that I need.

Also one thing to mention, gambling using cryptocurrencies prevent you from overspending your resources. Usually in casinos, they try their best to lure the audience and hang around the vicinity. Most of the time, they give discount coupons for food, additional winning percentages, etc. and that is also the reason on why some gamblers who already WON end up spending their winnings and lose eventually.


That's part of the business and the luxurious offers to decieve gamblers who are playing on an actual casino house. Lust that you love to please.
While when you use crypto and you do know how to control your emotions. The benefits of playing infront of your devices gives you the option of quitting after gaining satisfying profits.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: CryptopreneurBrainboss on February 04, 2020, 07:20:53 AM
Hello Degens
I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

Specifically I gamble online because it's more convenient, and can be engaged using just my mobile phone. Using cryptocurrency makes it more satisfying since I'm been given the opportunity to use/spend my coins instead of just using it as an investment vehicle for future profit. The anonymity associated with playing with cryptocurrency, less time consumption and borderless transaction also contribute to me favouring cryptocurrency over fiat.

Although KYC is becoming an issue since it takes away the anonymity of cryptocurrency gambling, I haven't experience it myself most especially as my gambling capital doesn't exceed the maximum amount a patronizers can gamble with without processing KYC verification.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Yatsan on February 04, 2020, 07:32:45 AM
Using cryptocurrency as a gambling money is very easy to use and the transaction is instant, usually when I am going to gamble I will use XRP for instant transaction, deposit or withdrawing it will be always instant. And one of the perks of gambling online is no hassle at all, just sit on your gaming chair or just lay on your bed while gambling, you can do anything you want, when you win there's no people that is going to ask to share your winning, and when you lose there's no people that are going to look down to you. Gambling alone is a good thing for me and I enjoy it.

The only thing that is not good for online gambling is when you internet connection is become slow, or you miss clicked and go all in for one bet. LOL


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: worle1bm on February 04, 2020, 08:17:35 AM
I think 'cannot bet in your location' is the major reason why people tune to crypto gambling. In some countries, even if gambling is not explicitly illegal but still looked sceptically by society and banks. Banks can easily track if someone using fiat gambling platforms like Bet365. This may results into freezing of bank accounts and other problems. Better play on crypto sites. If done carefully then there is 0% of getting caught of playing casino with cryptocurrencies. Mixers and no-KYC exchanges have made lives easier.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Latviand on February 04, 2020, 12:35:48 PM
Convenience is the main thing why I gamble using cryptocurrencies. There are other digital currencies but I do prefer to use cryptos because it protects my anonymity and also, the transactions cost less and faster compared to other digital currencies.
To be specific, I do not gamble really and the first time I gamble is due to the influence of crypto in a way that there are cryptos which are from projects related to gambling or gambling sites in particular. I did engage into such activity to make use of the tokens I've earned from projects than to just store it in my wallet.
Then eventually, I am gambling to kill time using some of my holdings. I also did try comparing it to other currencies being used in online gambling but I just find it more convenient , using cryptos to gamble.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: michellee on February 05, 2020, 10:56:52 AM
I think 'cannot bet in your location' is the major reason why people tune to crypto gambling. In some countries, even if gambling is not explicitly illegal but still looked sceptically by society and banks. Banks can easily track if someone using fiat gambling platforms like Bet365. This may results into freezing of bank accounts and other problems. Better play on crypto sites. If done carefully then there is 0% of getting caught of playing casino with cryptocurrencies. Mixers and no-KYC exchanges have made lives easier.

That is why people nowadays like to playing gambling in a crypto gambling site. People can avoid the tracking from the banks because if they use crypto when they send the coins to another wallet, the banks would not know who is people behind of that wallet. Besides that, when people use crypto, they can use mixing services before they send the coins to the gambling sites. That will help them to hide the wallet and the identity, and they can playing gambling without worry about the investigating for their bank accounts.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: mirakal on February 05, 2020, 11:07:53 AM
As much as possible I want to stay anonymous while gambling so I gambling in crypto gambling sites and I feel that here in the space, it's also getting more competitive as the number of casinos have increase and therefore this makes the competition better.

When I gamble in crypto, most of the time I use my btc than other coins because most of the sites I use are accepting bitcoin and it's more convenient in my end to convert btc into fiat if given a chance to cash out from a win.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: hahay on February 05, 2020, 01:11:29 PM
Didn't we already realize that gambling is illegal in many countries but even so, even online gambling using fiat can still be developed in countries that have regulations regarding the prohibition of gambling itself. So I think the reason to remain anonymous is one of the main reasons someone gambles using crypto, because online gambling using fiat still requires users to send personal data.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: MufasaR on February 05, 2020, 01:19:26 PM
Gambling with crypto can allow you to have twice(could be more) the value of your winnings as crypto prices can go to the moon at any pointing time.

Another reason for this choice is gambling with restrictions and at times play without the obligation of undergoing know your customer like the fiat regulated casinos require everyone to do.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Reatim on February 05, 2020, 01:26:33 PM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks
the advantage of playing here is that we can at least hold the currency after gambling or even while playing so in any case that market Goes Up then we can make another amount of money?and if the value falls then we are safer to play more.
Didn't we already realize that gambling is illegal in many countries but even so, even online gambling using fiat can still be developed in countries that have regulations regarding the prohibition of gambling itself. So I think the reason to remain anonymous is one of the main reasons someone gambles using crypto, because online gambling using fiat still requires users to send personal data.
that is incorrect mate,because there are much many countries that allows gamble than banning this.there are only few countries that has tight policy against gambling but there are more adopting this for theirs.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: SquallLeonhart on February 05, 2020, 07:46:56 PM
eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?
I gamble because of this forum and bitcoins. Yes, gambling is not possible in my country yet I do hear lottery and horse riding kind of few types alone available but there is not big casinos in my city with slots machines or anything you may find in Las Vegas.

I use crypto because I gamble online and I gamble with other country based houses where my fiat may not be accepted (honestly I never checked availability of bank transfers in my local fiats). Interestingly I has bought 1000s of lottery in freebitco.in but never tried with fiat in my local shop. Cryptos must be the reason for my gambling.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Mahanton on February 05, 2020, 09:50:22 PM
Didn't we already realize that gambling is illegal in many countries but even so, even online gambling using fiat can still be developed in countries that have regulations regarding the prohibition of gambling itself. So I think the reason to remain anonymous is one of the main reasons someone gambles using crypto, because online gambling using fiat still requires users to send personal data.
This is the main reason why crypto gambling becomes popular and mainly suggested by most gamblers due to this reason.

Anonymity plus less hassle if you do tend to play even bypassing countries laws if its being prohibited into your place.It does open the possibility

for you to play without being caught nor penalized.When it comes to accesibility then as long you do have the connection and crypto wallet
then youre good to go.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: chaser15 on February 05, 2020, 11:15:01 PM
This is the main reason why crypto gambling becomes popular and mainly suggested by most gamblers due to this reason.

Anonymity plus less hassle if you do tend to play even bypassing countries laws if its being prohibited into your place.It does open the possibility

for you to play without being caught nor penalized.When it comes to accesibility then as long you do have the connection and crypto wallet
then youre good to go.

Don't rely with this. It is not recommended to bypass any country's law regarding online gambling.

If a user is not an enthusiast of using a VPN, their ISP provider will detect the gambling activity of their subscribers.

And did you know that for some country wherein online gambling is prohibited, these ISPs can even able to track the gambling activity of their users even while using a VPN. It's now a matter of taking risks and hoping for a chance that these users will not get caught.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: rexxarofmoknathal on February 05, 2020, 11:44:55 PM
OP, you do realize there is a poll function you can use when making posts like this?

Rather than clicking the "post new thread" button, you would instead click "post new poll".

You can still reply etc, but it has a poll at the top of the thread.

On topic: I use crypto to gamble simply because I keep crypto on hand. I don't like giving away my personal information, so using fiat casinos no longer interests me. Plus, I had a terrible experience at a real-life casino so I prefer to stay online now.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: STT on February 05, 2020, 11:54:20 PM
Crypto is useful as a divider to cash I must pay bills with, also I receive crypto as payment for in game items.   Sometimes the bet I make is on esports or computer based competition and games so its all part of the same economy and one part balances out the other.    I'd really rather not be flipping back and forth into FIAT which has its own problems of losing value and right now has little benefits from bank interest available so why not crypto.   
   Also crypto can be way less hassle, quicker to transfer even then a bank account.   Not all but some of my banks take upto 30 minutes to acknowledge the transfer is made, its just a pain and everything you do on a bank statement is recorded and used for a credit history which I really dont need the bother of as I know I only gamble quite small amounts.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: MWesterweele on February 21, 2020, 12:00:36 PM
Crypto is useful as a divider to cash I must pay bills with, also I receive crypto as payment for in game items.   Sometimes the bet I make is on esports or computer based competition and games so its all part of the same economy and one part balances out the other.    I'd really rather not be flipping back and forth into FIAT which has its own problems of losing value and right now has little benefits from bank interest available so why not crypto.   
   Also crypto can be way less hassle, quicker to transfer even then a bank account.   Not all but some of my banks take upto 30 minutes to acknowledge the transfer is made, its just a pain and everything you do on a bank statement is recorded and used for a credit history which I really dont need the bother of as I know I only gamble quite small amounts.
I think because crypto is no hassle to used in gambling site tha's why many players used it, also some gambling site operated by crypto so its really need to have it. I think having a crypto then used it in any transaction is really helpful especially when we want a fast transaction and for online site. For me crypto is really helpful not only for gambler but when holding it can possible give you profit.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: akirasendo17 on February 21, 2020, 12:11:25 PM
convince and wont have to think that someone will rob you and get your money, at the same time no hassle like what other comments


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Mumbeeptind1963 on March 02, 2020, 11:20:26 PM
convince and wont have to think that someone will rob you and get your money, at the same time no hassle like what other comments

The main reason for me is the higher value of crypto than fiat that is why I choose to gamble used crypto than used of fiat, also because of no hassle to used, no need to go some place where there's casino and mosg of all your safe and secure. I am using bitcoin and eth when I gamble, because that is the top coin now, and many casinos and sport betting site are eth and bitcoin based.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: batang_bitcoin on March 02, 2020, 11:50:22 PM
The main reason for me is the higher value of crypto than fiat that is why I choose to gamble used crypto than used of fiat, also because of no hassle to used, no need to go some place where there's casino and mosg of all your safe and secure.
Value pertains to the price of the crypto you're holding. I think of it as another reason too, if you hold a certain cryptocurrency which you will use to gamble and you've been holding it for a long time, the price matters. If you bought it at a very cheap price before and you have decided to spend it through gambling.
It's a good reason because you don't have to gamble all of it but just a pinch and with a specific amount.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: joshy23 on March 03, 2020, 05:26:45 AM
convince and wont have to think that someone will rob you and get your money, at the same time no hassle like what other comments

The main reason for me is the higher value of crypto than fiat that is why I choose to gamble used crypto than used of fiat, also because of no hassle to used, no need to go some place where there's casino and mosg of all your safe and secure.
You can easily play as long as you have internet connections and a compatible devices to visit your favorite gambling sites.
In terms of value you can simply adjust your funds depending with your fiat bankroll, though you also gamble with the value
of your crypto as it have volatile behaviors, if you are lucky enough you can doubled your earnings once the timing for crypto
bull take place after you win your bets.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ethereumhunter on March 03, 2020, 03:03:46 PM
convince and wont have to think that someone will rob you and get your money, at the same time no hassle like what other comments

The main reason for me is the higher value of crypto than fiat that is why I choose to gamble used crypto than used of fiat, also because of no hassle to used, no need to go some place where there's casino and mosg of all your safe and secure.

Then you will choose the easiness to play gambling with crypto than with fiat because you can visit the gambling site and play some games without worry about getting a ban or investigation from where is the money. That makes sense when we want to feel safe and secure when we play gambling because that can make us feel comfortable when playing gambling. But you need to be careful because if in your country, gambling is prohibited, sooner or later, they will know that you are visiting the gambling websites.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: mbakruroh on March 03, 2020, 03:49:10 PM
I just follow trend and use digital money is more effective than currency. First I got speed transaction, under 10 minutes my deposit and withdraw are finish. Second reason crypto have volatility sometimes I got more value from their movement. Last reason is because I don't need to bank, all I need is laptop and network.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: South Park on March 03, 2020, 08:08:34 PM
In my case the reason I gamble with crypto is because it is easier compared to regular casinos, in most bitcoin casinos you only need to give your email and there are even casinos that allow you to bet without registering on their website at all so you can bet immediately without any delays, and the second factor that makes me prefer to bet with cryptocurrencies is the privacy, I do not see why I need to give my name to any casino when the only thing I want to do is to gamble and yet fiat casinos will not let you withdraw your money unless you verify your identity with them and I am not willing to do that.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: milewilda on March 03, 2020, 11:42:42 PM
I just follow trend and use digital money is more effective than currency. First I got speed transaction, under 10 minutes my deposit and withdraw are finish. Second reason crypto have volatility sometimes I got more value from their movement. Last reason is because I don't need to bank, all I need is laptop and network.
One of the reasons why people do really love to play using up crypto due to accesibility or easiness on making deposits and withdrawals without the need of involvement of banks or whatsoever and
also you can play wherever you do like or want as long you do have the internet connection even you are on transit or in other place where dsl line is abscent.
The main reason is anonymity which you can hide your identity while you are playing without being known by someone.Next in line is the variety of games that can be seen online which
you cant see in offline gambling places.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: SaShiRaJaVu on March 03, 2020, 11:47:44 PM
Gambling is not legal in many countries. 
This is the main reason people consider bitcoin or other similar currencies because you do not need to involve the bank to deposit the money and you will not get into trouble having a money trail to a gambling website and with crypto currencies you can easily deposit and withdraw without much fuzz and so is the reason people are opting for it but still we need to see a huge growth in the crypto based gambling websites as the fiat sites still rules this space.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: chaser15 on March 03, 2020, 11:58:49 PM
One of the reasons why people do really love to play using up crypto due to accesibility or easiness on making deposits and withdrawals without the need of involvement of banks or whatsoever and
also you can play wherever you do like or want as long you do have the internet connection even you are on transit or in other place where dsl line is abscent.
The main reason is anonymity which you can hide your identity while you are playing without being known by someone.Next in line is the variety of games that can be seen online which
you cant see in offline gambling places.

Unfortunately, these advantages can't really enjoy by anyone:

- Other crypto gambling sites prohibit the use of their site in some countries
- Some Exchanges don't allow a deposit to and withdrawal from the gambling site
- Other countries now have strict regulations regarding online gambling sites regardless if it's crypto-related or not
- There are now reports of asking KYC when a gambler won a big amount in a crypto-gambling site. In other words, part of the terms.

Although there are solutions and the majority still taking advantage of crypto betting, expect more obstacles regarding crypto-gambling in the future.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: michellee on March 04, 2020, 07:36:10 AM
Gambling is not legal in many countries. 
This is the main reason people consider bitcoin or other similar currencies because you do not need to involve the bank to deposit the money and you will not get into trouble having a money trail to a gambling website and with crypto currencies you can easily deposit and withdraw without much fuzz and so is the reason people are opting for it but still we need to see a huge growth in the crypto based gambling websites as the fiat sites still rules this space.

That is right. People don't have to bother with the banks because they can do it by themselves. They can buy bitcoin or other coins to play gambling, and even they don't have to fill or to complete the account. Maybe this can make online gambling will get more popular in the future because people can find easiness in playing gambling without interfering with their bank's account. People will free to use their coins for anything they want, and they don't have to report it to the banks.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: South Park on March 07, 2020, 07:05:12 PM
One of the reasons why people do really love to play using up crypto due to accesibility or easiness on making deposits and withdrawals without the need of involvement of banks or whatsoever and
also you can play wherever you do like or want as long you do have the internet connection even you are on transit or in other place where dsl line is abscent.
The main reason is anonymity which you can hide your identity while you are playing without being known by someone.Next in line is the variety of games that can be seen online which
you cant see in offline gambling places.

Unfortunately, these advantages can't really enjoy by anyone:

- Other crypto gambling sites prohibit the use of their site in some countries
- Some Exchanges don't allow a deposit to and withdrawal from the gambling site
- Other countries now have strict regulations regarding online gambling sites regardless if it's crypto-related or not
- There are now reports of asking KYC when a gambler won a big amount in a crypto-gambling site. In other words, part of the terms.

Although there are solutions and the majority still taking advantage of crypto betting, expect more obstacles regarding crypto-gambling in the future.
It is obvious that governments sooner or later were going to try to take measures against bitcoin casinos and try to make them comply to the same exact rules that fiat casinos have to follow through but still even at this time the differences between fiat casinos and bitcoin casinos are very significant, people like me are not really looking to win any big amount of money and we only want to have some fun as such if I win some money in the casino I just think of it as free money to gamble in the future and when you think like that most casinos will never ask you for something like KYC


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: allcasinosbet on April 11, 2022, 08:05:03 AM
That's true! I agree! In some legit casino you cannot deposit by card, because of regulations for specific license. That's why I think more crypto online casinos (https://www.all-casinosbet.com/casino-category/bitcoin-casino-reviews/) will pop up in future. Crypto payments give many options to people. We all know that it's a matter of time that more and more people will  BTC or any other currency on daily bases in real life.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: bitterguy28 on April 11, 2022, 09:06:06 AM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

Because it is easy to use and the volatility of course is what we wanted here , actually i don't know crypto gambling in the past but i already gambling using fiat online so when i learn about this? then it helps me more to do better and love using this till now.

Quote
any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks
Nope none of us will put our State or country because there is no need to , so maybe answers above is more enough for you to know .


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Smartprofit on April 11, 2022, 09:59:20 AM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks


There is a certain psychological point - it is psychologically easier to spend cryptocurrency than fiat money.  

This is a purely psychological trick that our imagination does.  In fact, a deflationary bitcoin is a much more valuable asset than fiat currency.  In the long term, the price of bitcoin shows a steady increase.  
In an online casino, you can win or you can lose. Gambling is completely based on luck.  

I am more comfortable losing a sum of money in cryptocurrency than a sum of money in fiat currency.  It's a very irrational choice, but it's true.  

Also, crypto payments are much more convenient (for me) than fiat payments.  They also help me maintain my anonymity and privacy.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: bitbollo on April 11, 2022, 10:36:42 AM
I have used crypto casino/bookmakers because:
- I can bet also fraction of euro cent and generally there are lower fees then fiat bookmakers
- Deposits and withdrawal are immediate
- I can access to a wider range of betting opportunities/ several markets
- I don't want share with my "bank"/"government" that I am sport gambler
- Some games are provably fare
- Easy and quick registration process
- Wider option of bonus/offers


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ipanks on April 11, 2022, 03:11:49 PM
The reason is that I can play gambling without anyone knowing and I don't have to use my bank to deposit the money. I can use a wallet in the market or any other personal wallet without filling in the required forms if we use a bank as a source of funds for gambling. The deposit process is also relatively faster than depositing through a bank. But there is a possibility that later gambling sites will also require verification from every gambler, even though they use crypto to gamble.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Mahanton on April 13, 2022, 10:42:01 PM
The reason is that I can play gambling without anyone knowing and I don't have to use my bank to deposit the money. I can use a wallet in the market or any other personal wallet without filling in the required forms if we use a bank as a source of funds for gambling. The deposit process is also relatively faster than depositing through a bank. But there is a possibility that later gambling sites will also require verification from every gambler, even though they use crypto to gamble.
You could really able to differentiate their main features compared to a fiat casino.In crypto you wont;

1. Need to link your bank or credit card
2. No KYC
3. No hassle on making deposits/withdrawals
4. Wide variety of games

You could really have your own reason but most likely we crypto gamblers are just having the same.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: TimeTeller on April 13, 2022, 11:00:17 PM
The reason is that I can play gambling without anyone knowing and I don't have to use my bank to deposit the money. I can use a wallet in the market or any other personal wallet without filling in the required forms if we use a bank as a source of funds for gambling. The deposit process is also relatively faster than depositing through a bank. But there is a possibility that later gambling sites will also require verification from every gambler, even though they use crypto to gamble.
You could really able to differentiate their main features compared to a fiat casino.In crypto you wont;

1. Need to link your bank or credit card
2. No KYC
3. No hassle on making deposits/withdrawals
4. Wide variety of games

You could really have your own reason but most likely we crypto gamblers are just having the same.

This is true for a lot of several casinos here found in the forum.
But if the casino is also accepting fiat, they may ask you to submit KYC.
But that is the advantage of crypto casinos, you can gamble without disclosing your identity.
And if you are a small timer, you have no worries of playing just for the sake of entertainment.
I found out that most of the casinos here even bookies are accepting smaller bets.
The convenience and easy access I believe, are just few features that we can appreciate about these online casinos.
This is why during this pandemic period, a lot of these users have discovered themselves in playing in one of these casinos.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: goldkingcoiner on April 14, 2022, 11:17:51 AM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks

As much as I like to "Gambool", I prefer not having to use fiat for the very same reasons as why I like to buy use and sell crypto outside of gambling. No third party has their hands in your pocket. No need to mention privacy concerns unless you are using a KYC gambling platform or one that does not like to see you using a VPN.

Its basically like gambling but much more free.

Other than that I like to use crypto to gamble in order to support crypto itself. Call me a crypto fanboy I don't mind at all.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ipanks on April 14, 2022, 12:34:14 PM
snip
Yes, that is why most crypto users also play gambling using crypto. We don't want the bank to know about our gambling activities and we also don't want to see our credit card exceed the limit that has been set. Crypto casinos allow us to be behind the scenes to play gambling. We don't need to verify our gambling accounts because crypto casinos understand the anonymity issue of the users.

But gradually, there will be a possibility that crypto casinos will also ask their users to verify their accounts by sending documents to the crypto casinos. This could be due to pressure from the government.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: aioc on April 14, 2022, 01:09:55 PM
The reason is that I can play gambling without anyone knowing and I don't have to use my bank to deposit the money. I can use a wallet in the market or any other personal wallet without filling in the required forms if we use a bank as a source of funds for gambling. The deposit process is also relatively faster than depositing through a bank. But there is a possibility that later gambling sites will also require verification from every gambler, even though they use crypto to gamble.
You could really able to differentiate their main features compared to a fiat casino.In crypto you wont;

1. Need to link your bank or credit card
2. No KYC
3. No hassle on making deposits/withdrawals
4. Wide variety of games

You could really have your own reason but most likely we crypto gamblers are just having the same.

All that you've mentioned are true, the worse thing that can happen to gamblers is being exposed to spending a lot on gambling
let's admit that society still considers gambling taboo, and heavy gamblers are considered sick even if they only spend what they can afford to lose, society is quick to judge that is why Casino based Cryptocurrency is easily accepted because of protection and acceptance, the Cryptocurrency casino industry is the fastest-growing industry in Cryptocurrency.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: madnessteat on April 14, 2022, 04:30:21 PM
snip
Yes, that is why most crypto users also play gambling using crypto. We don't want the bank to know about our gambling activities and we also don't want to see our credit card exceed the limit that has been set. Crypto casinos allow us to be behind the scenes to play gambling. We don't need to verify our gambling accounts because crypto casinos understand the anonymity issue of the users.

But gradually, there will be a possibility that crypto casinos will also ask their users to verify their accounts by sending documents to the crypto casinos. This could be due to pressure from the government.

All the same, there will be casinos that will not require their users to present documents because the jurisdiction in which they are located does not require it.

In case the regulators will control gambling activities more strictly, the gamblers will be forced to play on the platforms that are fully decentralized and this sphere will develop even more.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: uneng on April 14, 2022, 07:10:29 PM
I was introduced to online gambling through cryptocurrency, and since then I've only played at crypto casinos. In fact, fiat gambling sites have never be an option for me. Maybe I didn't develop interest for traditional sites because they wanted to link my account to my credit card and ID as soon as I signed up and I didn't want to share those informations when I was younger and didn't even have money to spend on those sites, while crypto casinos were much more affordable, being possible to adjust bet size to minimum as 1 satoshi per roll. That means I could play with few dollars for some good hours, having fun and testing strategies at same time.

Basically the answer is: because crypto casinos are less greedy than fiat ones, and give customers superior opportunities to play more time using less money, if they wish.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Fortify on April 14, 2022, 08:36:06 PM
The reason is that I can play gambling without anyone knowing and I don't have to use my bank to deposit the money. I can use a wallet in the market or any other personal wallet without filling in the required forms if we use a bank as a source of funds for gambling. The deposit process is also relatively faster than depositing through a bank. But there is a possibility that later gambling sites will also require verification from every gambler, even though they use crypto to gamble.
You could really able to differentiate their main features compared to a fiat casino.In crypto you wont;

1. Need to link your bank or credit card
2. No KYC
3. No hassle on making deposits/withdrawals
4. Wide variety of games

You could really have your own reason but most likely we crypto gamblers are just having the same.

One of the things that appealed to me the most when first starting crypto gambling was the novelty factor, there is something about a "new type" of gambling where people had to convert fiat currency into what was effectively a token which broke down a lot of inhibition. In the early days it was a lot easier to find fish or people who were very loose with their special coins, who might not have been correctly perceiving the monetary value behind them. This allowed a skilled player who was able to compete against others was able to pick up some nice change. A big bonus is also the lack of KYC, which was less required in the past and allowed a bit more flexibility.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Lanatsa on April 14, 2022, 08:58:47 PM
Basically the answer is: because crypto casinos are less greedy than fiat ones, and give customers superior opportunities to play more time using less money, if they wish.
I also didn’t put any of my bank details or fiat account in any site unless really needed or it’s a bank related transactions. Why use your identity or input card details in playing when you can play only without putting details of yourself and just enjoy many casino or games. Thankfully crypto provides ways to pay without any worries of being track and allow us also to gambling and at the same time to earn thru trading or investing. Being not monitored by any bank when there is always a need for transaction or happening in our account feels safer to do gambling. If only there will be more online local shops that we can also pay thru crypto then there will be no need for me to use any bank in paying for online transactions.
There are really people who are really that paranoid when it comes to anonymity but there are some which doesnt care on using them specially on centralized platforms or something that do ask out some KYC.

Gambling in crypto did really become more better when crypto exist where anonymity is been the key and what makes it more interesting but since these platforms are really that becoming centralized
or regulated then expect that they would abide government rules and regulations which sooner or later we would really be seeing that they would be requiring KYC but
not for now.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: TimeTeller on April 14, 2022, 09:43:10 PM
Basically the answer is: because crypto casinos are less greedy than fiat ones, and give customers superior opportunities to play more time using less money, if they wish.
I also didn’t put any of my bank details or fiat account in any site unless really needed or it’s a bank related transactions. Why use your identity or input card details in playing when you can play only without putting details of yourself and just enjoy many casino or games. Thankfully crypto provides ways to pay without any worries of being track and allow us also to gambling and at the same time to earn thru trading or investing. Being not monitored by any bank when there is always a need for transaction or happening in our account feels safer to do gambling. If only there will be more online local shops that we can also pay thru crypto then there will be no need for me to use any bank in paying for online transactions.
There are really people who are really that paranoid when it comes to anonymity but there are some which doesnt care on using them specially on centralized platforms or something that do ask out some KYC.

Gambling in crypto did really become more better when crypto exist where anonymity is been the key and what makes it more interesting but since these platforms are really that becoming centralized
or regulated then expect that they would abide government rules and regulations which sooner or later we would really be seeing that they would be requiring KYC but
not for now.

If you are a high roller, expect to submit KYC details even for most of these crypto casinos.
But if you are a small time gambler, almost all of these casinos won't ask your KYC even if they have license.
But it is true, as they operate to abide the protocols of the government where it is located, they are heading to compulsory KYC.
For now, let us enjoy that most of these crypto casinos are not requiring KYC. Take that as advantage over fiat-based casinos.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: coin-investor on April 14, 2022, 10:06:26 PM


If you are a high roller, expect to submit KYC details even for most of these crypto casinos.
But if you are a small time gambler, almost all of these casinos won't ask your KYC even if they have license.
But it is true, as they operate to abide the protocols of the government where it is located, they are heading to compulsory KYC.
For now, let us enjoy that most of these crypto casinos are not requiring KYC. Take that as advantage over fiat-based casinos.

It's understandable even if the casino claim to be anonymous they do not want to be a transit of money laundering they ask KYC to VIP randomly to make sure that if ever there is an issue about a large deposit they can always trace the player.
Money laundering has become a big issue among Cryptocurrency casinos because of anonymity and they don't want to be third parties to money laundering.
They have no issues with small players because they will try and show to gamblers that they are indeed anonymous because in the first place this is what really attracts gamblers to make a shift from fiat where their information is exposed to Crypto casinos where your information is hidden.
 


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Lanatsa on April 14, 2022, 10:59:27 PM
Basically the answer is: because crypto casinos are less greedy than fiat ones, and give customers superior opportunities to play more time using less money, if they wish.
I also didn’t put any of my bank details or fiat account in any site unless really needed or it’s a bank related transactions. Why use your identity or input card details in playing when you can play only without putting details of yourself and just enjoy many casino or games. Thankfully crypto provides ways to pay without any worries of being track and allow us also to gambling and at the same time to earn thru trading or investing. Being not monitored by any bank when there is always a need for transaction or happening in our account feels safer to do gambling. If only there will be more online local shops that we can also pay thru crypto then there will be no need for me to use any bank in paying for online transactions.
There are really people who are really that paranoid when it comes to anonymity but there are some which doesnt care on using them specially on centralized platforms or something that do ask out some KYC.

Gambling in crypto did really become more better when crypto exist where anonymity is been the key and what makes it more interesting but since these platforms are really that becoming centralized
or regulated then expect that they would abide government rules and regulations which sooner or later we would really be seeing that they would be requiring KYC but
not for now.

If you are a high roller, expect to submit KYC details even for most of these crypto casinos.
But if you are a small time gambler, almost all of these casinos won't ask your KYC even if they have license.
But it is true, as they operate to abide the protocols of the government where it is located, they are heading to compulsory KYC.
For now, let us enjoy that most of these crypto casinos are not requiring KYC. Take that as advantage over fiat-based casinos.
Not the case on some casinos that we do have today yet there are whales who had been confirming that they arent submitting any KYC despite on betting hundreds of thousands of dollars on their gambling activity

which is something good to know but there are indeed platforms/companies which do really ask out for some verification since they are regulated or licensed which they do need to abide rules and laws.

As a gambler or being a whale then you wont really be having no options but to submit but if you do mind about anonymity then you would be finding out other places or would simply stick on where you are playing on.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ultrloa on April 14, 2022, 11:37:47 PM
Basically the answer is: because crypto casinos are less greedy than fiat ones, and give customers superior opportunities to play more time using less money, if they wish.
I also didn’t put any of my bank details or fiat account in any site unless really needed or it’s a bank related transactions. Why use your identity or input card details in playing when you can play only without putting details of yourself and just enjoy many casino or games. Thankfully crypto provides ways to pay without any worries of being track and allow us also to gambling and at the same time to earn thru trading or investing. Being not monitored by any bank when there is always a need for transaction or happening in our account feels safer to do gambling. If only there will be more online local shops that we can also pay thru crypto then there will be no need for me to use any bank in paying for online transactions.
There are really people who are really that paranoid when it comes to anonymity but there are some which doesnt care on using them specially on centralized platforms or something that do ask out some KYC.

Gambling in crypto did really become more better when crypto exist where anonymity is been the key and what makes it more interesting but since these platforms are really that becoming centralized
or regulated then expect that they would abide government rules and regulations which sooner or later we would really be seeing that they would be requiring KYC but
not for now.

If you are a high roller, expect to submit KYC details even for most of these crypto casinos.
But if you are a small time gambler, almost all of these casinos won't ask your KYC even if they have license.
But it is true, as they operate to abide the protocols of the government where it is located, they are heading to compulsory KYC.
For now, let us enjoy that most of these crypto casinos are not requiring KYC. Take that as advantage over fiat-based casinos.
As a gambler or being a whale then you wont really be having no options but to submit but if you do mind about anonymity then you would be finding out other places or would simply stick on where you are playing on.

But if your a whale and you already doing good on the platform you are frequently betting then changing to another platform just because you don't like their KYC implemented is kinda risky, we know how many scam casino exist and its really bad for whales to deposit their huge capital to scam casino. So they should consider this as part of regular ways if the casino is been regulated since this will give them relief if their casino abide the laws.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: dothebeats on April 14, 2022, 11:52:03 PM
Most points here center on anonymity, and I do agree with that. It's one of the features that most gamblers are looking for since it's hard for them to mask their gambling activities online with just credit cards. Also, everything with crypto is just fast without any approvals from a third-party needed, and no one can block your crypto if they found out that you are gambling online. It's basically just leaps ahead from fiat gambling and it''s just better in lots of aspects.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ipanks on April 15, 2022, 04:22:24 AM
snip
Yes, the casinos that don't require their users to verify will still be around and hopefully they don't come under pressure from their government. I think gamblers can look for crypto casinos that don't require verification and with the development of the crypto based gambling industry will also pay attention to the anonymity factor of the users so they don't have to show documents for verification. But for casinos that are in a strict country, have to follow the rules of that country.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: TheGreatPython on April 19, 2022, 07:26:03 PM
the casinos that don't require their users to verify will still be around and hopefully they don't come under pressure from their government. I think gamblers can look for crypto casinos that don't require verification and with the development of the crypto based gambling industry will also pay attention to the anonymity factor of the users so they don't have to show documents for verification. But for casinos that are in a strict country, have to follow the rules of that country.
We don't know if they will be around because KYC being implemented on cryptos are still a new thing and it seems successful already because many crypto casinos are now following it, which they now require KYC before someone can use or withdraw money on their platform.

Maybe eventually the rest of the crypto casinos will follow this new trend but for now there are still crypto casinos that don't require KYC, we can enjoy using them while they last. Soon anonymity wont matter but what will matter is the speed of the cryptos and if it has a cheap fee or not but gambling site will still need to improve their service so that gamblers will stay or will choose them over the other.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: milewilda on April 20, 2022, 11:46:12 PM
the casinos that don't require their users to verify will still be around and hopefully they don't come under pressure from their government. I think gamblers can look for crypto casinos that don't require verification and with the development of the crypto based gambling industry will also pay attention to the anonymity factor of the users so they don't have to show documents for verification. But for casinos that are in a strict country, have to follow the rules of that country.
We don't know if they will be around because KYC being implemented on cryptos are still a new thing and it seems successful already because many crypto casinos are now following it, which they now require KYC before someone can use or withdraw money on their platform.

Maybe eventually the rest of the crypto casinos will follow this new trend but for now there are still crypto casinos that don't require KYC, we can enjoy using them while they last. Soon anonymity wont matter but what will matter is the speed of the cryptos and if it has a cheap fee or not but gambling site will still need to improve their service so that gamblers will stay or will choose them over the other.
We are really heading on such changes it might not or cant be seen as of this moment but we are gradually seeing platforms which had been pressured for them to apply KYC into its users where these
places or businesses wont really be having any choice but to deal or apply it because that would really be putting a big problem if they would oppose.Now we do have casinos that accept both
crypto and fiat but they are really asking out some KYC.Yes, it do sucks but we are really heading for this trend as crypto adoption and regulation becomes more tighter.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: madnessteat on April 21, 2022, 10:16:34 AM
^

If you want to be licensed in certain jurisdictions you just have to meet their requirements: KYC and AML. So these activities are quite normal.

There is a huge number of gambling sites which do not impose such requirements on their users. They will not go anywhere and will have their market share because there is a demand for them. So I think there is no need to worry about regulation of gambling activities and cryptocurrencies.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ethereumhunter on April 21, 2022, 02:16:56 PM
^

If you want to be licensed in certain jurisdictions you just have to meet their requirements: KYC and AML. So these activities are quite normal.

There is a huge number of gambling sites which do not impose such requirements on their users. They will not go anywhere and will have their market share because there is a demand for them. So I think there is no need to worry about regulation of gambling activities and cryptocurrencies.
There must be other ways to use gambling for us cryptocurrency users, just like before imposed requirements in many casinos. Not all crypto-based casinos will have requirements like KYC because they care about anonymity issues and although they do enforce KYC, it will not be as strict as fiat-based casinos. So we shouldn't have to worry and keep playing at casinos that don't require KYC.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: MonsterV on April 21, 2022, 02:34:38 PM
For me I use cryptocurrency for anonymous transaction and to avoid KYC also, I find it way more convenient to deposit than using common deposits from third party services and it's easier for me to access cryptocurrency rather than using bank cards.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: tokeweed on April 21, 2022, 02:50:09 PM
For me I use cryptocurrency for anonymous transaction and to avoid KYC also, I find it way more convenient to deposit than using common deposits from third party services and it's easier for me to access cryptocurrency rather than using bank cards.

While for me it's because of my sig campaign.  ;D  I have a weekly inflow of 80 bucks of BTC to bet on sports which is really enough to keep me entertained tbh.  I'm not a whale or anything.  I just like to watch football, MMA and F1 with or without bets but if I have free monies coming in weekly then why not gamble and try to win more, not that it matters.  It's all fun...  It'd be nice if crypto had a poker site with good traffic at the microstakes so we could have a chance to build a decent roll.  I think that's what's lacking in the space.





Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: fiulpro on April 21, 2022, 05:22:43 PM
There are few things that are definitely worth better than offline gambling when it comes to it :
1. COVID you don't have to worry about it since it's way safer to bet online and there are much more options available
2. There are games dedicated to the market you are looking for as well
3. You can win way more definately on many sites and some bonuses are very much better
4. You can bet with smallest possible amount as well
5. Signature campaigns offers great promos as well and the amount can get deposited right in your account making it way more easier to use that site
6. More privacy and less judgement


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: KTChampions on April 21, 2022, 05:31:13 PM
There must be other ways to use gambling for us cryptocurrency users, just like before imposed requirements in many casinos. Not all crypto-based casinos will have requirements like KYC because they care about anonymity issues and although they do enforce KYC, it will not be as strict as fiat-based casinos. So we shouldn't have to worry and keep playing at casinos that don't require KYC.

I agree that we should support those casinos that do not have KYC or it is used for in rare cases. But I would not say that we should not worry - regulators are constantly increasing pressure on both cryptocurrency and individual projects related to it (casinos) and gradually this leads to less and less freedom. I hope the next stage of evolution - decentralized projects (including casinos) will turn the situation around again in favor of people, not officials.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Ararbermas on April 21, 2022, 06:22:49 PM
For me I use cryptocurrency for anonymous transaction and to avoid KYC also, I find it way more convenient to deposit than using common deposits from third party services and it's easier for me to access cryptocurrency rather than using bank cards.
true, and for sure that's the common reason of others as well because of being anonymous with the help of crypto in any activities especially when it comes gambling, wherein its illegal in other countries. So i wouldn't be surprised why crypto users will be majority on this case.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: milewilda on April 21, 2022, 09:18:01 PM
^

If you want to be licensed in certain jurisdictions you just have to meet their requirements: KYC and AML. So these activities are quite normal.

There is a huge number of gambling sites which do not impose such requirements on their users. They will not go anywhere and will have their market share because there is a demand for them. So I think there is no need to worry about regulation of gambling activities and cryptocurrencies.
There must be other ways to use gambling for us cryptocurrency users, just like before imposed requirements in many casinos. Not all crypto-based casinos will have requirements like KYC because they care about anonymity issues and although they do enforce KYC, it will not be as strict as fiat-based casinos. So we shouldn't have to worry and keep playing at casinos that don't require KYC.
So far i do have experienced on having that basic kyc or information needed which is on Roobet on where it do ask out about your very basic details without any verification or sending out some documents which is really a light one but there are still people who do sees this thing to be not that appealing but it doesnt really affect in overall popularity and reputation
unless if they are really that strict when it comes on sending out some documents which is really that frustrating or disappointing.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ethereumhunter on April 22, 2022, 02:51:33 PM
I agree that we should support those casinos that do not have KYC or it is used for in rare cases. But I would not say that we should not worry - regulators are constantly increasing pressure on both cryptocurrency and individual projects related to it (casinos) and gradually this leads to less and less freedom. I hope the next stage of evolution - decentralized projects (including casinos) will turn the situation around again in favor of people, not officials.
In addition, I also hope that the government does not impose its will to regulate decentralized casinos because it is different from the casino they set before. Maybe the government can guide the casino always to obey the existing rules. If needed, the government can ask the casino to do KYC, even though KYC in the casino will be different from centralized casinos.

So far i do have experienced on having that basic kyc or information needed which is on Roobet on where it do ask out about your very basic details without any verification or sending out some documents which is really a light one but there are still people who do sees this thing to be not that appealing but it doesnt really affect in overall popularity and reputation
unless if they are really that strict when it comes on sending out some documents which is really that frustrating or disappointing.
If it's at a casino, I haven't done any detailed KYC verification, which makes me think less of it. But if I find some casinos asking me to do KYC one day, maybe I will leave that casino and find another one that doesn't ask for KYC.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: yayayo on April 22, 2022, 03:07:01 PM
Commonly most of the usual gambling site that accepts fiat needs your verification and personal information upon signing up, the good thing I like crypto gambling site is that you don't need to provide full personal information and only a public email if they require you and in deposits and withdrawal any amount is allowed but not all gambling site but unlike common gambling sites that asks personal information you can withdraw and deposit without providing personal information.

ya.ya.yo!


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: bitbollo on April 22, 2022, 03:11:42 PM
If it's at a casino, I haven't done any detailed KYC verification, which makes me think less of it. But if I find some casinos asking me to do KYC one day, maybe I will leave that casino and find another one that doesn't ask for KYC.

in most of the cases you are required to complete the KYC the exact moment you go for a large withdrawal ::) , so you can rest assured you will not leave their casino so easily ;)
or it's required if you are connected from different countries...or you have win "thanks to radar betting" ... and so on...

practically 95% of the casinos but maybe even more or less,  have in their terms and conditions the possibility to ask you for a KYC at their discretion... it is always an event to take into consideration  8)


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: KTChampions on April 22, 2022, 06:03:46 PM
I agree that we should support those casinos that do not have KYC or it is used for in rare cases. But I would not say that we should not worry - regulators are constantly increasing pressure on both cryptocurrency and individual projects related to it (casinos) and gradually this leads to less and less freedom. I hope the next stage of evolution - decentralized projects (including casinos) will turn the situation around again in favor of people, not officials.
In addition, I also hope that the government does not impose its will to regulate decentralized casinos because it is different from the casino they set before. Maybe the government can guide the casino always to obey the existing rules. If needed, the government can ask the casino to do KYC, even though KYC in the casino will be different from centralized casinos.

Of course, the government will impose its will in any area it can reach. The meaning of decentralization is precisely this - if we cannot defeat cancer in direct confrontation, we are looking for a way where this cancer has no power and there is not even a "representative" of the project on which to put pressure. An ideal decentralized project would be just that.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ethereumhunter on April 23, 2022, 08:56:59 AM
in most of the cases you are required to complete the KYC the exact moment you go for a large withdrawal ::) , so you can rest assured you will not leave their casino so easily ;)
or it's required if you are connected from different countries...or you have win "thanks to radar betting" ... and so on...

practically 95% of the casinos but maybe even more or less,  have in their terms and conditions the possibility to ask you for a KYC at their discretion... it is always an event to take into consideration  8)
If we don't want to complete KYC, we don't need to use big money or make big withdrawals. That is our advantage in gambling at the casino to avoid KYC. Well, so it all comes back to you, whether you want to complete KYC to satisfy your gambling cravings and make big withdrawals or you choose to play for a small amount of your bankroll and have no problem withdrawing small amounts.

Of course, the government will impose its will in any area it can reach. The meaning of decentralization is precisely this - if we cannot defeat cancer in direct confrontation, we are looking for a way where this cancer has no power and there is not even a "representative" of the project on which to put pressure. An ideal decentralized project would be just that.
The government can easily impose its will on something within its territory. It seems that casinos need to keep their business away from the relevant government so that the government can't just do what they want. But don't forget that licensed casinos are also likely to be asked for information about their members spending big money. So it's a decentralized casino that likely won't come under heavy pressure from the government.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Oasisman on April 23, 2022, 09:29:30 AM
Most points here center on anonymity, and I do agree with that. It's one of the features that most gamblers are looking for since it's hard for them to mask their gambling activities online with just credit cards. Also, everything with crypto is just fast without any approvals from a third-party needed, and no one can block your crypto if they found out that you are gambling online. It's basically just leaps ahead from fiat gambling and it''s just better in lots of aspects.

Basically yeah, If you gamble just within the minimum range limit for the gambling website before they get alerted of how huge the money you're gambling to their website.
Because, some reputable crypto casinos requires KYC when you're gambling with huge amount of money.
Nevertheless, what you have mentioned were true and are the main advantage of a crypto casino compared to some fiat based online casino.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: bitbollo on April 23, 2022, 03:33:27 PM
in most of the cases you are required to complete the KYC the exact moment you go for a large withdrawal ::) , so you can rest assured you will not leave their casino so easily ;)
or it's required if you are connected from different countries...or you have win "thanks to radar betting" ... and so on...

practically 95% of the casinos but maybe even more or less,  have in their terms and conditions the possibility to ask you for a KYC at their discretion... it is always an event to take into consideration  8)
If we don't want to complete KYC, we don't need to use big money or make big withdrawals. That is our advantage in gambling at the casino to avoid KYC. Well, so it all comes back to you, whether you want to complete KYC to satisfy your gambling cravings and make big withdrawals or you choose to play for a small amount of your bankroll and have no problem withdrawing small amounts.

Of course, the government will impose its will in any area it can reach. The meaning of decentralization is precisely this - if we cannot defeat cancer in direct confrontation, we are looking for a way where this cancer has no power and there is not even a "representative" of the project on which to put pressure. An ideal decentralized project would be just that.
The government can easily impose its will on something within its territory. It seems that casinos need to keep their business away from the relevant government so that the government can't just do what they want. But don't forget that licensed casinos are also likely to be asked for information about their members spending big money. So it's a decentralized casino that likely won't come under heavy pressure from the government.

yes, but on balance ... Just because we are talking about small figures, what would be the reason not to do KYC ?! ok privacy but in the end nothing changes according to my point of view


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: KTChampions on April 23, 2022, 04:54:19 PM
Of course, the government will impose its will in any area it can reach. The meaning of decentralization is precisely this - if we cannot defeat cancer in direct confrontation, we are looking for a way where this cancer has no power and there is not even a "representative" of the project on which to put pressure. An ideal decentralized project would be just that.
The government can easily impose its will on something within its territory. It seems that casinos need to keep their business away from the relevant government so that the government can't just do what they want. But don't forget that licensed casinos are also likely to be asked for information about their members spending big money. So it's a decentralized casino that likely won't come under heavy pressure from the government.

There are two fundamental ways out of the situation: resist or run. Decentralized applications are the second option and it seems to be good, but still, sooner or later, you need to resort to the first option, since the government will be able to reach you everywhere and no technical progress will save you.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: Fatunad on April 23, 2022, 08:56:48 PM
Most points here center on anonymity, and I do agree with that. It's one of the features that most gamblers are looking for since it's hard for them to mask their gambling activities online with just credit cards. Also, everything with crypto is just fast without any approvals from a third-party needed, and no one can block your crypto if they found out that you are gambling online. It's basically just leaps ahead from fiat gambling and it''s just better in lots of aspects.

Basically yeah, If you gamble just within the minimum range limit for the gambling website before they get alerted of how huge the money you're gambling to their website.
Because, some reputable crypto casinos requires KYC when you're gambling with huge amount of money.
Nevertheless, what you have mentioned were true and are the main advantage of a crypto casino compared to some fiat based online casino.
Most of the time but it would only be dont initially and the rest of the time or on the time you had already complied then you wont really be asked out and speaking with
main differences then we could obviously able to point it out whether you are just a new user of these online gambling crypto casinos compared to fiat ones.
This is way more simpler and anonymous but of course there would be some sort of limitations or verifications once you do hit up a particular limit or maximum.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: uneng on April 23, 2022, 09:13:53 PM
Most points here center on anonymity, and I do agree with that. It's one of the features that most gamblers are looking for since it's hard for them to mask their gambling activities online with just credit cards. Also, everything with crypto is just fast without any approvals from a third-party needed, and no one can block your crypto if they found out that you are gambling online. It's basically just leaps ahead from fiat gambling and it''s just better in lots of aspects.

Basically yeah, If you gamble just within the minimum range limit for the gambling website before they get alerted of how huge the money you're gambling to their website.
Because, some reputable crypto casinos requires KYC when you're gambling with huge amount of money.
Nevertheless, what you have mentioned were true and are the main advantage of a crypto casino compared to some fiat based online casino.
Maybe that is why it works for many crypto casinos to exist and still be profitable. This way gamblers can split their gambling activity among several platforms, instead of focusing all their funds into a single site, where it would light up a red alert, leading the casino to ask for KYC procedure before withdrawing the money.
Many casinos disponible on the crypto scene allows regular big gamblers to stay under the radar, if they wish and if anonymity is an important factor for them.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: ethereumhunter on April 24, 2022, 09:03:38 AM
There are two fundamental ways out of the situation: resist or run. Decentralized applications are the second option and it seems to be good, but still, sooner or later, you need to resort to the first option, since the government will be able to reach you everywhere and no technical progress will save you.
I choose to run or get out of the game for the time being if the government really pushes its will and continues to put pressure on the casinos. But while out of the game, we can also look for other casinos that really have nothing to do with the government or casinos implementing a small part of the verification that will not burden us. I think that will give us some time to search for the other casino that still supports the gambler who is concerned about privacy.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: KTChampions on April 24, 2022, 09:57:20 PM
There are two fundamental ways out of the situation: resist or run. Decentralized applications are the second option and it seems to be good, but still, sooner or later, you need to resort to the first option, since the government will be able to reach you everywhere and no technical progress will save you.
I choose to run or get out of the game for the time being if the government really pushes its will and continues to put pressure on the casinos. But while out of the game, we can also look for other casinos that really have nothing to do with the government or casinos implementing a small part of the verification that will not burden us. I think that will give us some time to search for the other casino that still supports the gambler who is concerned about privacy.

It probably makes sense from the point of view of practicality, but in the end there will simply be no places where you can run away. Although it may not be so tragic and "there will be enough while we alive" of various opportunities, but watching how events develop in all areas, I am rather skeptical about the future.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: passwordnow on April 25, 2022, 07:12:15 AM
Basically yeah, If you gamble just within the minimum range limit for the gambling website before they get alerted of how huge the money you're gambling to their website.
Because, some reputable crypto casinos requires KYC when you're gambling with huge amount of money.
Nevertheless, what you have mentioned were true and are the main advantage of a crypto casino compared to some fiat based online casino.
Even not that huge as long as they've found that there's something wrong with that transfer, I don't know how they would find that out but there must be a way. They'll still ask you for a KYC if they think like that.
To sum it up about the advantage of using crypto to gamble, it's true about being anonymous and it's easier than the usual transfer that we've been doing from fiat and physical casinos.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: blackoutinside on April 29, 2022, 03:05:47 PM
I mean, I am against KYC and I love betting; I could make some money gambling; but 99% of reply in this thread are from crypto casinos.
I believe it is obvious they take a part on the matter. The scam is around the corner as well.


Title: Re: Quick Survey: why do you specifically use crypto to gambooool ?
Post by: rahmad2nd on June 23, 2022, 03:53:11 PM
Hello Degens

I am doing a little research on WHY people are betting /gambling online with btc/crypto from various countries/states worldwide, and was hoping bitcointalk members  can be of some assistance.
I would specifically like to know (if you happen use crypto to gamble online) why you do so.

eg is it because you:
  • can pay Less vig in some cases?
  • wider game selection can gamble on games like minesweeper, paper rock scissors and other novelty games?
  • "provably fair" games
  • cannot bet in your current location
  • crypto sites might offer markets unavailable elsewhere
  • others ?

any info appreciated, if you can give me your state/country that would be helpful too for context.
I will happily publish the results of the survey later ITT if anyone is interested/cares.

Thanks


everyone has their own reasons but if you are involved in this industry and besides that you like gambling games, do you choose fiat or crypto?  for other reasons in some countries gambling is illegal and many community members choose crypto because it is more convenient without having to register your bank account, there are many reasons why and you have answered some of your questions yourself.