Bitcoin Forum

What is the best gambling token in your opinion?

We at NewCryptoCasinos.com are setting up a dedicated page for Crypto Gambling Tokens ( https://newcryptocasinos.com/gambling-tokens )
If you have any  good token you want us to add there to help your project etc, please feel free to comment below.

We want our listing to be accurate so your opinion is important.

btw, we will soon come release our Christmas/Holiday casino bonus special ( early November ) it will be massive this year. so stay tuned :) 

Thanks

Where did you get those tokens that are currently listed in your site? I thought the Lucky Roo was the native token of Roobet at first look but it's clearly not.

Most of tokens that I've seen here are quite identical in their use cases or features so the "best" ultimately depends on the issuing crypto casino.

you can add the tokens mentioned in this thread https://bitcointalk.org/index.php?topic=5406098.0

most casino tokens are for staking in receiving dividends but can also be use to bet on its own casino. there were many casinos in the forum that also have tokens besides the ones you listed. Betfury (BFG) is just one.

if you ask for a long list of gambling token names I think my friends here have already given it, but if you ask which token is the best as far as I can see it is OWL, their token is more valuable than the others even I have never tried playing on their gambling site, it's just that people often discuss OWL tokens are better than other gambling tokens in this forum

maybe you need to add the MoonBet MBET token which has also been discussed on the site above

don't forget one of them https://coinmarketcap.com/id/currencies/moonbet/ I think moonbet is the next coin that has great potential. I like the deposit feature which goes directly to the super fast metamax wallet and the many network options that other casinos don't have, the gambling project business is very fast to attract people, it looks like there will continue to be gambling projects

So far, the tokens you mentioned compete with each other for more support and investors. We will see which casino tokens will become the top token casinos very soon and I am sure every casino that owns those tokens will work hard to give their best to their casino tokens.

Maybe all those casino tokens will increase in the next altcoin season because almost all altcoins will usually experience an increase, which can impact casino tokens.

Yes, it's strange why there are no online casino tokens in your list that have existed for quite a long time, which are listed above, you can look at the $WCI token released about a month ago dedicated to the upcoming WC in Qatar, they also have a betting platform and plans for betting with leverage.

For those that don't want to read the article, they've listed these coins:

• Lucky Roo Token
• Squid Moon
• CASINOCOIN
• Mazimatic
• MBET

Honestly, I don't know most of them. Squid moon token's name is even scary, if you know what I mean. I'm only familiar with lucky roo and mbet.

But, you didn't really give any reason why you have chosen them to be part of your article list.

I have two right now the first one is the BFG token (https://www.coingecko.com/en/coins/bfg-token) that I'm lucky to be promoting right now they are already running for their second year and they are the most popular casino based token here in Bitcointalk, the second one is OwlDao (https://www.coingecko.com/en/coins/owldao).

Both of these tokens have staking features BFG you can stake by depositing your token in their casino and Owldao you can stake by depositing in their pool, I considered these two as the top casino-based token although there are other casino-based tokens I prefer to hold only tokens that are active here to monitor their performance.

I checked your website and both tokens are not yet listed I suggest you take a look at these two tokens it's worth adding them to your list.

Owl token is the best casino-based token for me I was part of the signature campaign where I received part of my earnings on Owl token probably one of the best campaigns I'm in I still have this token over 32k and I'm staking half of it in their pool it's worth adding to your list hopefully you can rank it high because it deserves to be in top of the list in casino based token category it's not yet added in your list so I highly recommend it.

In my opinion, the value of a game token is directly proportional to the success of an online casino.  

In turn, the success of an online casino depends on how long this casino has been on the market.  The longer an online casino works, the more reliable it is and the fewer errors in its work.  

Also, to evaluate the success of the casino, it is advisable to study the reviews of its users.  

Tokens that were issued by cryptocurrency exchanges in 2018 - 2020 allowed investors to make very big profits.  It is quite possible that online casino tokens will also bring great profits to their investors.

I would recommend that you pay attention to the BFG token.

The main issue with tokens like brave browsers BAT is the lack of incentive to HODL long term. Most immediately dump and sell every token they have when they receive them expecting the price to diminish over the long term. Developing a viable strategy and format to encourage long term HODL with some form of burning, staking or compounding interest is what is most needed in crypto industries.

I was lucky enough to gamble with bitcoin when its price was consistently appreciating. During winning weeks of gambling I would win not only through winning wagers. But also thanks to the value of bitcoin increasing which compounded my gains. That was a great experience. During some losing runs, bitcon's increase in value almost covered my losses.

Fun times. I hope gambler's of the future get to experience something similar someday.

There are bunch of gambling tokens https://coinmarketcap.com/view/gambling/

https://www.coingecko.com/en/categories/gambling

Can you add some which have enough-good daily trade volume? Mostly of gambling tokens in the market already dead. People rarely mentioning fun token which has become the most used gambling token in the crypto community. The volume looks so good at this moment compared with another gambling token.

I'm betting big on FunFair... it's a blockchain token that promises to be "the crypto gambling" with fast transactions, it's a network that claims to be super secure, totally anonymous and open source.
It has scalable earnings and has a partnership with one of the first betting sites, FreeBitcoin.

Well, Duelbits could also launch a Token with benefits and bonuses for its holders. 8)

The list piled up. I didn't even know they exist. But only few of these gambling tokens are actually listed on different exchanges. The Edgeless (EDG) or the Wagerr (WGR) that has been around since 2017 were not listed on few unknown exchanges making them under this circumstance not a good investment. FUN token is the only that is one binance.

There is one that I have supported for a long time, it gives a good profit in receiving shared profit but also not listed in any exchange but on the dex.

In my opinion, it depends on what gambling site the token listed. The biggest gambling site, the biggest also the token name, which both things are always connected to each other. but I don't know who the affected. If they focus on casino, the token will followed because the user must open the website and the token will definitely visible. the problem, is the token useable?, if not the fame isn't followed, and even though a casino is great, a token doesn't follow.

Can we really expect the best token here? If yes, then there should be a criteria for that and most of all on how they perform during the bear market, that's just my opinion. Lot of gaming tokens doesn't get traction in the 2020-2021 bull run and when the decline of the market makes a lot of them tanked. Who performed best on the list for your site then, OP? Most top market cap gambling tokens are at -90% decline.

Most Gambling tokens are suited for their own casinos, I don't think there'd be much sense in finding the best one among them since they're basically a suited fit for their own casinos. Its usage as a token is basically negligible imo, they are more like a fancy system that is rather similar to the VIP system most casinos have. They're not really valuable in hodling for a long time and they basically die off after the initial hype, with only some avid gambling users of the said casino using them. Even using them as tokens to gamble doesn't really set up the economy for it properly.

I think they got it from their sponsors or they are the one that search for it online. Lucky roo is clearly not from roobet because we never heard roobet announce that they will have their own token. The logo of roobet is also different from lucky roo. So far I only know one casino token on their website and that is none other than mbet token which came from moonbet casino. It was advertised here in the forum, that is why I am familiar with it and for sure many of us here do.

It is hard for a new casino token to be successful if their devs won't think of unique and new ways to add on its utility because people can just go in casino tokens in which came from a trusted and more older casino.

Most of the most successful gambling tokens are already discussed here and a couple of them have even a signature campaign to distribute some of those tokens in their platform to their users.The real problem is now not which gambling token is the best but why no one of them is so successful that gets massive adoption as I think these tokens are created for a value,sure the value depends on how the casino distributing them is performing but normally their price should increase and be used even for other activities in order to be truly successful tokens.

I think we already have the best cryptos which have massive adoption in the crypto casinos and specific tokens are only being used by specific users so I don't see a reason why everyone should support them,this is just my personal opinion though but I believe from what I hear from many crypto gamblers they are gambling with traditional cryptos like Bitcoin,Litecoin etc.

For something you got free and still making a profit from staking it I highly recommend BFG token I consider this token as the top casino-based token in the market right now, they have a well-supported platform by the Bitcoin community, they just celebrate their anniversary and they just relaunch their signature campaign, there are so many reasons why you need to list BFG token you can rank it first in your list and you made the right decision.

Currently, gaming tokens are not performing well due to market decline. Because if the market condition is not good then gaming or online casino games can never come back in good form. Gaming has performed well due to good market in the past. But as new generation gaming tokens are very few in the market now.Therefore, we should assume that when the market is good, gaming tech can return to good form.

I only know Owltoken and BFG tokens because these two casinos are very visible here they have an ongoing signature campaign here and their respective announcement thread is very active both are reputable and their holders are still making money from staking these tokens I am not aware of these tokens their respective admins should create an announcement here if they want to market their casino.

not everyone will support casino tokens. like any altcoins, its use is often just to grab BTC from those who tried their luck and invest.

but its lucrative to be partly owner of casino that's why. bank roll was even a better option but the creation of tokens can make it more like a money making for a holder who can also sell the tokens in bull market.

Gambling tokens are profitable to invest when the project is still new or before releasing it to the audiences. Once it became stable in the 'market' its price will only follow. The demand won't be that much simply because gambling tokens are being used  freely by players which allows it to circulate continuously. No gambling tokens will be held for a long period of time, often, because it won't be serving uts purpose. Unless other factors would appear which may affect the market price of not only gambling token, but tokens in general.

If it is for investment purposes, other utility tokens would be more advisable;those which can generate huge public demand will have a higher tendency to be profitable by investing or selling.

I have seen many gambling sites that provide their own token options, from some observations that I have seen along with the intense competition in the crypto market, many types of gambling tokens are unable to compete and in the end are not of high value in the crypto market.

I observe and see, users who bet on online crypto gambling sites, very few consider deposit and withdrawal options using gambling tokens, they are very comfortable using Bitcoin, Ethereum, LTC and so on.

In my opinion the gambling token method, is not a positive benchmark for the gambling site, what's more the gambling token does not have good value in the market, but it depends on the team and the management of the gambling site in implementing their own token method.

Personally, I'm not interested in any kind of gambling token.

Yes, they're popular and they've got active campaigns lately. Before, there's also the FUN token of freebitco.in and having such campaigns in the forum really helps them being recognized by other forum members.

Mbet has also their bounty right now and that's making them easily recognized by some but the rest that's on the list of OP, they're not recognizable because they don't have a campaign or bounty.

The best ones for me are -
1. Owl tokens - owned and managed by owl.games casino, I had invested in this token for several months but recently, I pulled out and waiting to buy back at a cheaper rate, owl.games is a great casino I must admit, and I have this feeling that the owl token will well in the future, I feel this way because the team behind this project are really serious about the token so I hope it finds a place in the list of best gambling token 2022.

2. Fun token - owned and managed by Freebitco.co, from the reputation Freebitco have gained for herself in the gambling industry, I think their fun token is one that's worthy of notice, though I personally have not given this token much attention, but I think it deserves a place in the list of best gambling tokens 2022.

I can agree that Lucky Roo sounds and looks similar to Roobet, since they both use ROO in their marketing.

Lucky Roo started about 3 months ago, they release their NFT, that gives the holders a percentage of the revenue the casino makes.

The Casino however, is not live yet, so the NFT and Token release is a part of their marketing plan for the upcoming casino launch, pretty clever.

Thank you, I will add the token you dropped asap to our listings. I actually didn't know that OWL had their own token.

I agree about the name, But i have been following their community for about 6 months on tg, and they seems hardworking and legit, they have a very large community.

So the reason behind this list, is to collect a minimum of 10 popular gambling tokens, We will have an public vote on bitcointalk, Twitter and telegram, so the people will decide which is the best gambling token for 2022.

The voting will start in November

Merge your post don't do this or you will have your account flagged you can only bump your thread once in 24 hours don't bump in every hour the tokens that are on your list do not have an official thread here they are unheard of, if you launch voting here only those who have a thread here will likely get more votes, I am not aware of these coins but if you're into casino based token then it's worth doing research on these tokens.

Lucky Roo Token
Squid Moon
CASINOCOIN
Mazimatic
MBET

MBET (Moonbet) ever launch a signature campaign and bounty campaign in this forum, I'm surprised you didn't know since some of the users are active on gambling section. Well there's an ongoing accusation against this casino Moonbet.io took all my funds, closed my account and ignores me (https://bitcointalk.org/index.php?topic=5418032.0)

While the other seems doesn't have an ANN thread in this forum, I think it's better to avoid the other casinos since we don't know how trusted they're. Lucky Roo Token is smell like scam, maybe they're a Roobet copycat.

We all know that gambling industry are so active despite of the bear and the crisis which are happening outside so I think there must be gambling tokens who are not affected of the decline because they are gambling tokens anyway, not a common crypto coin which are only dependent on the btc movement and on the news but I think it will also depend on the utility of that gambling token.

If it has a less utility and it can't be used inside the gambling platform then gamblers won't be force to own it so its value can't also increase fast but if that gambling token is required to optimize the gamblers experience then it will be in demand.

You can also add some details about choosing the best token to be used in gambling, some gambler are also looking for this kind of data and having this on your site might boost the traffic, you just need to be more good on giving details and fair on choosing the topic. Well, this list are way better compare to the token listed on the site, I guess you guys didn’t do more research about this one, better to update it.

Yes, because as far as I know, there's not much difference amongst those token. And to be honest, we don't know if they are going to be successful because as gamblers, we just prefer the old and traditional cryptos, like BTC, ETH and USDT when we play.

And so far, do we have a casino token that become successful in the past?

And as far as I can remember there was none. I'm not against those projects, but there hasn't been any precedence yet, just saying.

All right.

That makes sense why you've included them in your list. That's why for ignorants like me, I have no idea with those projects but honest only with the two that I know.

But if you know more about them, you'll share more about them since you're going to have a public vote in the forum soon, so good luck with that.

What’s the data of gamblers used those token for their daily activities?
This is actually I’m curious about since why use token that are not familiar with you when there’s a lot of coins already accepted on every site? I still prefer to use the usual coin though and I see this as more secured and less hassle, what matters to me the most is that I’m playing with the best site.

Do the list token needed to be tradeable on exchange?

If the list token is not required to be listed on exchange, feel free to check "CHIPS Casino" they have a token called "CHIPS" and distributed by waggering on their casino. The token is not tradeable, but you already get a bonus from their bankroll.

The more bankroll & token you have, more bonus you can get for the share.

imo the best gambling tokens are the ones that have big circulation and for me, there are 3 best gambling tokens in 2022, those are BFG, OWL and FUN token.

according to coinmarketcap, FUN token is in first place with a large 24-hour circulation, and the second is coinpoker.

That’s good volume which means many gamblers are using that.
There’s a lot of token yes but not all is worth to try, to OP they should be more precise on giving details and missed nothing or else the credibility of this site will compromise. If you are going to give list of tokens make sure you do your best comparison, with this the suggestion in the comments here are more interesting.

^No doubt that FUN token is one of the most very popular gambling casinos and is supported by most gamblers because they know it comes from the oldest and most reputable gambling casino since then. Gamblers now prefer the token to invest that comes from a reputable casino and not the new one that was recently launched. Investing in this gambling token is profitable but you need to choose them wisely.

This is a nice project and I like the zeal to have a list of gambling casino tokens on your site that will make people that like casinos' tokens to be able to easily take a quick move in investing in the type of project they like and admire. I saw betfury token and some other casino tokens that looks good and a good move if someone likes investing in random casino projects. Well I don't know how safe and strong all this crypto casino tokens could be but I think investing in them at this level of dip can be very profitable if the team is good and able to keep the project bullish.

I don't think there's a such best gambling token or worst gambling token out there, it's just a token that doesn't have any use cases except you're a gambler on a particular casino who launch the gambling token. Usually their promotion is staking, profit share, cheaper fees, bonus etc etc that have a relation with money. The gambling token only depends on the casino performance, if no one gamble at the casino, no one will want to hold their coins.

What are your criteria for best gambling toekn? I do not think we should go for best gambling token, if a gambling site is good, you can just go for the site. If the gambling site has a token, you can have some to have some benefits on the site.

If I have to go for tokens, if not regarding gambling, I may not think of any gambling site token.

The only one I even know more about is OWL.

Maybe that is one way for the casino to provide something that will be useful to its investors or the gamblers who often gamble there so that they launch gambling tokens. Or it could be because the casino wants to see an opportunity to create its casino token and be able to compete with the coins or tokens already on the market that they decide to have their own casino token. And we also don't know which casino token will be the best for now but there are already several casino tokens that investors are looking to invest in. Moreover, some of those casino tokens have already entered the exchange.

I think we are talking about the usefulness of the token, which in turn depends on the profit for the holders of such a token. I don't hold any casino tokens so I can't advise much, but I know that some users in the Solana network hold NFTs of various casinos, which allows them to get some of the casino income. Here's an NFT token from one of these projects: https://magiceden.io/marketplace/dice_casino (this is not financial advice).

The casino token that I bought was $fun on the Binance exchange. But yes, at least I have never held casino coins for long because the gambling hype for long-term investments in my opinion is not very safe. But if you ask which casino token is the best this year, of course my prefer Coin fun because this token gives privileges to the holder who bets on freebitcoin. I don't know, every year there are always crypto casino tokens that appear so that it will create a rival competition between project casinos in providing privileges or apy for its holders.