Bitcoin Forum

 There are many advantages to the relationship between gambling and Bitcoin. Firstly, Bitcoin provides a secure and decentralized way to gamble online, which is attractive to many gamblers who value their privacy and security. Transactions are processed quickly and can be completed without third-party intermediaries, making it a popular choice for online gambling sites.

Another advantage of using Bitcoin for gambling is that it allows for more anonymity than traditional payment methods. This can be especially important for gamblers who wish to keep their gambling activities private.

Furthermore, Bitcoin transactions are often cheaper and faster than traditional banking methods, which can save gamblers money and time.

Many online casinos and sports betting sites now offer exclusive bonuses and promotions for Bitcoin users, which can provide gamblers with extra incentives to use Bitcoin for their online gambling activities.

Can you tell us another advantage of opening an account in a Bitcoin Sportsbook?

It's true Bitcoin is decentralized and the transaction can be completed without need of third party intermediaries, but if we use Bitcoin to gamble on centralized casino, it will ruin Bitcoin decentralization since the casino have a control over our coins.

When we're gamble using Bitcoin, it will not anonymous and private anymore because we need to submit our KYC due to the regulation on the casino.

The advantage of gamble using Bitcoin, it's just minimize of getting target by criminals.

I do not know if there are actually any of the advantages that you are talking about. Most of the casinos ask for KYC details...so that destroys all pseudo anonymity that Crypto currencies supported.

People could care less about decentralization....and most casinos are not decentralized, so I doubt if that has any advantages for the gamblers. The casinos that are decentralized are scarce and a lot of them are illegal, so I do not use them.  :-\

That is true, but these are used by blockchain gambling sites, most gambling sites today are centralized, not decentralized. Most bitcoin gambling sites today's are requiring for KYC, no privacy.

Bitcoin transaction can be completed without any third party or intermediary, but most gambling sites like I said before are third parties.

With the third party casinos, no anonymity and no privacy.

It may not be cheaper for local transactions on local casinos, but far cheaper than cross boarder transfers. But in gambling, what I have noticed is not how cheap the fee is, fiat local transaction that I have made before are zero transaction fee, but bitcoin transaction is processed faster, especially than the international fiat casino with wire transfer that can take over 2 weeks.

I think this is about the casinos, no the payment method used.

Sportbooks are bookmakers, they deal with sport betting, there are casinos that support bitcoin deposit and withdrawal. Also that some gambling sites can have both, I mean gambling sites with sportbooks and casino together.

The only advantage gambling with Bitcoin is that you can register with just an email and without KYC up to a certain amount so it is that pseudo privacy up to a certain amount,usually up to 2000 it was but now most of the casinos start asking for KYC as soon as you want to withdraw over 500-1000 dollars,the same amount as Paypal for example let's you use without you verifying your credit/debit card.

All other advantages mentioned here exist also in FIAT casinos but in there though you have to use your debit/credit card or bank account so you already throw privacy away as soon as you start gambling and depositing money there.

It is like gambling is the best use case for bitcoin and I am serious. If one day somehow people decide to stop using bitcoin to purchase stuff for some reason -and that's not going to happen any time soon- we don't need to worry if bitcoin will lose its usecase. Gamblers will always demand bitcoin because it is -almost- anonymous, not regulated (in most countries anyway) and you don't have to do KYC on the casinos that don't deal with FIAT.

Comfortability has to be the one of the top benefits of using Bitcoin for gambling, with Bitcoin you can easily use fund your account and when I want to withdraw, that's also done easily from the comfort of the house.

You then don't have to be worried about recieving the money since blockchain technology has been made withdraw irreversible. Also the transaction is fast and anonymous as you have said and that makes it very interesting to those was don't want to associate themselves with gambling.

The society serotype people that gamble so many won't want to be associated and if the fiats were been used, it'll be hard to not get associated either through depositing or withdrawals from the casino platforms.

Not at all times, casinos will still ask you to do KYC if they suspect your account of money laundering or violation of their terms.

Yes, faster but when it comes to fees other Cryptocurrency like Tron, Doge, and BNB offers much cheaper options but Bitcoin is very popular.

Bitcoin is very popular now all Cryptocurrency casinos and even fiat-based casinos have it its both a mode of payment and an investment at the same time, in fact, some players are playing to grow their Bitcoin for future profit.

This applies to only casinos in your country, if you want to use casinos that are not in your country, you will need more than email and password, you will need identity documents too. But if it is a casino in your country, either phone number or email, and password are enough to withdraw money from the casino because when you deposit money, your bank account is leaked already just like you said.

That’s probably the problem for bitcoin as it can no longer act as a decentralized coin knowing most of the legit casinos these days have been centralized already. If you aim to play for decentralized casinos, you can go and play in grey areas where casinos are not that really bad but they are actually not accredited ones. So the chances of being scammed is quite high. Same with anonymity issue, it can still happen as long as you’ll play in KYC-free casinos.

although there are many advantages between gambling and bitcoin but most of all it is about being decentralized which makes gamblers anonymous. but unfortunately now it's decentralized, it's much different from before when we used bitcoin to maintain our privacy but the casino asked for personal data or KYC as a requirement to comply with the license in the casino.
so it seems like decentralization doesn't exist anymore whereas the casino has our data and knows who we are and there is no privacy anymore.

but anyway for me the second advantage is when I gamble using bitcoin, no one knows if I'm gambling especially the city.

Well, I agree there are advantages when choosing Bitcoin from gambling, but the crypto-gambling scene is booming in the last few years, so now we have many good coins for gambling, on-chain casinos, and I will dare to say that some of them are even better than Bitcoin. Lower transaction fees, faster transactions... who chose Monero for gambling will have more privacy.

I guess we need to be free to explore crypto and try different stuff, and there are a lot of new and interesting projects around... who knows, maybe you will find something that you like!

Bitcoin and anonymity is very impossible when using in a licensed casino because it will be subject to regulation as well as KYC, so I think as long as using bitcoin it is quite comfortable to transact because transaction fees are cheap to pay or buy something using bitcoin, but if bitcoin has entered the exchange they cannot be called anonymity, let alone a casino, that is the advantage of using bitcoin if it is transacted among users, all processes are easy and anonymous.

I, as a bitcoin user, of course, am very happy to use bitcoin in any activity on the internet as well or in gambling at casinos, for example, betting football bets using bitcoin payments as well as other cryptos, well, the advantage of gambling using bitcoin is that it is easier, different from fiat currency.

Since the introduction of bitcoin to the financial economy and adoption in many areas, gambling organizations have also been into using this digital currency for their gambling supported cryptocurrencies while some make an additional of their own token as well, but bitcoin is the only most common crypto applicable for use in almost all the casinos for gambling because of low transaction fees and fast confirmation for each transaction, gamblers also see this as more cheaper and easier than fiat that have been used to.


Bonus is another way to attract gamblers and keep them to a particular casino, many of the casinos offers bonuses in different ways to ensure they make their gamblers have opportunity to maintain gambling with them, all these comes in form of bitcoin or crypto they supported.

The cheap transaction fees are what I like most about using Bitcoin in sports bookies. Stake.com only takes 7k satoshis for every withdrawal which isn't a big deal at all.
The other thing that I liked when it comes to using Bitcoin as means of gambling is the low amount you could input on every bet you will make. I think 17 satoshis is the lowest when it comes to sports gambling and 1-2 satoshis at casino games.
For those who love long parlays like x1000, they could input a low bet to avoid getting rekt faster or they could try different types of bets and take the chances for a jackpot for just a small amount at risk.
And of course, there is the volatility of its market price which could sometimes be in your favor.

Sending Bitcoin from a wallet to another is what decentralized really is, not sending Bitcoin from your wallet to a online gambling platform that's licensed by the Law, the decentralized feature is automatically deactivated doing this. Once you sent your Bitcoin to a gambling platform it's no more privacy and security like you said OP, do you even know why a gambling casino must pass regulation?

They are under the watch of centralized power, they don't want anyone using gambling platform for any illegal activities, its the same reason some gambling platforms are asking for KYC verification,it'ss almost all available online casinos asking for KYC verification.

The advantage is that those of us who really love Bitcoin can use it not only as an investment but also other activities such as gambling as long as it is done with good control, while for privacy at this time it is almost the same as fiat sportsbook where many already require KYC especially if we are players using big money then KYC is impossible to avoid, so this is no longer different from Fiat gambling sites.
Transaction fees are sometimes unprofitable because gambling sites apply quite high withdrawal fees, especially when the network is busy, it will make it take us as players a little longer to receive money from withdrawals than normal.

Since you already mentioned almost everything about the advantages of using on gambling platform, my own reason is support for Cryptocurrency and Bitcoin, its total support of players using Bitcoin, once the majority of casinos have adopted Bitcoin it will increase demand so you reap the rewards on your Bitcoin portfolio.
The gambling industry is one of the early supporters of Bitcoin that is those early Bitcoin holders make a huge profit because of the spike in its price, so the more you play on Bitcoin-based casinos you are also supporting your portfolio.

Don't forget that gambling is the first used case of bitcoin if I'm not mistaken, yes Laszlo Hanyecz maybe the first one who introduces BTC as a mode of payment. But when the advent of bitcoin and it's used in gambling, it become a worldwide used and even challenge traditional online fiat based that time. Now we have a lot of casino's competing for that niche market, billions or dollars flowing every year. So yeah, it's proven already that there is a big relationship between gambling and bitcoin and any other crypto as well. It used to be bitcoin in the beginning, but when there are options for other crypto because of their fast deposit and withdrawals, it was also adopted by many casinos now.

This the truth and nothing but it. I recently had a very terrible experience with supplying my personal details at an online casino which previously didn't require that KYC. The documents they required was a my passport and proof of residence. The so-called Bitcoin anonymity totally destroyed. For me the biggest advantage of Bitcoin in online casino or gambling is the ease of transactions. The convenience. There's assurance that I can get withdraw my winnings to my account even during the weekends.

Another advantage for the player is that it helps to increase the knowledge and interest of regular people about Bitcoin. That is, if you were not so knowledgeable about Bitcoin but loved gambling, you'd want to know more about it. It is a plus for the gambler.

It’s useless the decentralized feature of the coin you are using on gambling if you are depositing it on centralized casino because they got your IP and personal information once you undergo KYC so I don’t see at an advantage.

One advantage on using Bitcoin Sportsbook is you can enjoy the fast deposit and withdrawal and also your bankroll keeps growing once Bitcoin price pump. It’s a win win situation if you won your bet and the price of Bitcoin pump at the same time which doesn’t happened if you are using useless fiat.

I've only read of one when a user recently opened a complaint about a casino. Funny how he was enticed to open an account because of the casino's offer that there will be no KYC for crypto users but his account was restricted for some reason and he's being asked to verify his identity. That case sounds like the opposite of what you've been saying about exclusive promotions and privacy or anonymity.

in that case, to avoid similar issue in terms of kyc requirements, don't just listen to others about nonkyc protocol. you should always head to the terms section regarding privacy/registration on the site. and that will be your basis whether a certain site is requiring kyc or not.
but here in the forum, there are still casinos who are not requiring kyc from their customers. just read their terms before anything else.

The fact that you can use it, or start using it, without having much of an issue (other than knowing how) is great as well. Crypto was great for me in general since I had a few problems with credit/debit cards in the past, Bitcoin basically let me spend money on stuff I needed without much hassle, and it was pretty quick to learn (though it may vary from person to person).There isn't really much in terms of advantages really, mostly just what makes Bitcoin, Bitcoin tbf, but nonetheless those advantages are more than enough reason for some to prefer Bitcoin in some scenarios, myself included.  

You don't need to queue at the Bank and at the ATM to make a deposit in an online crypto casino, fiat casino at least you have to have a certain deposit amount to deposit and want to bet, Bitcoin casinos don't need that, with only $ 5-10 you can rotate your bets, whether it's sports betting, slots and so on.

Bottom line: Bitcoin casinos as a whole make it easy for users to do anything in bitcoin casinos online, thus crypto gambling is one of the best types of gambling industry today.

While using credit and debit cards, one always fear if the gambling casino may misuse our cards data and therefore many gamblers would not prefer to use them on online sites including the untrusted gambling sites.
With the use of bitcoin or crypto currencies, one can spend on gambling site without any fear and also our identity remain hidden too. There are too many advantage of using bitcoin in online casino that if one time person knows about it, he or she may never use fiat on crypto casino (provided they accept crypto payments).

Looks like you've mentioned almost everything about the uses of bitcoin. But for gambling at online casinos, I think casinos are starting to implement KYC for their users, especially for those who use a lot of money to gamble. It seems that it will no longer be easy for us to use bitcoin without verifying our identity so we cannot fully use the anonymity of using bitcoin.

But we are still lucky to be able to use bitcoin or altcoins to play gambling at crypto casinos and don't need to do KYC verification because there are still casinos that don't apply the rules too strictly. This provides an advantage for little gamblers who want to enjoy the gambling atmosphere at online casinos without doing KYC.

I don't think there are many advantages to gamble using Bitcoin, Bitcoin is just a currency similar like chip when you gamble on offline casino. I think the only advantage gamble using Bitcoin on online casino is you will become more safer and has little bit privacy because you don't need to directly link your bank account.

Introvert person is tend to choose to gamble on online casino using Bitcoin, but for extrovert person tend to choose to gamble on offline casino because there's an adrenaline and you can talk with other people.

Bitcoin gives gamblers access to varieties of casinos. With bitcoin casinos gamblers can have access to many gambling platforms that offers quality services. Online fiat casinos might not offer the type of games or services these bitcoin platforms offer. In some cases, Bitcoin casinos can be used to avoid double taxation by the government. Also in some countries, the government doesn't tax income from Bitcoin, this will give gamblers the opportunity of enjoying tax exemptions. Sometimes bank transactions are poor which leads to failure or delay in funds transfer or receive. Bitcoin transactions are more stable and fast. So bitcoin casinos will help to promote speedy and reliable financial transactions.

Bitcoin allows people from countries where gambling is forbidden to gamble relatively safe online, so they don't have to risk themselves at illegal physical casinos where the legitimacy of the house isn't assured and the threat of being caught by local authorities is constant.
The variety of games those gamblers can find virtually is also much wider. They don't have to stick to few broken slot machines and bingos only, as these are usually the few alternatives clandestine houses have to offer to their customers.

I don't think there's a much better reason why we choose bitcoin over other coins. But for me in my own opinion, I don't want to gamble using bitcoin, there's a thing in me that saying if bitcoin gets higher then my losses will get high in value as well. I would more prefer to gamble using usdt, usdc, xrp etc. It will give more peace but that is only for me. I guess there's a different reason why others want it.

in the past it was very good to use bitcoin to play in online casinos, despite the high transaction rate that bitcoin had in the past, but it was worth it because we had anonymity, but after KYC came in then using bitcoin how to use bank cards to playing it ends up being the same thing, maybe even using bank cards can be cheaper because in the case of bitcoin for example:

1 - the person needs to go to the bank to deposit money
2 - the person needs to do KYC on an exchange
3 - the person will pay a high fee when buying bitcoin on the exchange using the bank card
4 - the person will pay a fee to send bitcoin from the exchange to the casino (in the casino you will have to do KYC)
5 - the person will pay a fee when withdrawing money from the casino to exchange
6 - the person will pay a fee when withdrawing money from the exchange to the bank

while if that person only uses a bank account, they only need to deposit money in the bank and then put it in the casino and play and when withdrawing from the casino, take it from the casino to the bank. Of course it will have KYC and some questions that the bank will ask in case it is a high amount above the amount declared at the time of KYC made by him in the bank. anyway i like bitcoin and online casinos

It's true, friend, that Bitcoin and Cryptocurrency have made the crypto-based online gambling industry more numerous and growing significantly, making it easier for gamblers in countries that have prohibited gambling.
By using a crypto casino, gamblers who have a state ban on gambling don't need to be afraid and worry about violating the law when playing gambling.
As the country I live in also has legal prohibitions and laws on all gambling activities so by using a crypto casino I am more grateful and very happy because I don't have to go to a physical casino which is at risk of making me have to deal with the law later.

Perhaps that is where decentralized exchanges will have a huge demand. Gamblers would not need to go through all those steps to get Bitcoin, and still manage to deposit into a casino without needing to use a credit card, it is similar to a P2P and without KYC by a bank.

It would be even better if there was more volume in casinos with Monero, but I assume licensed casinos are asked by regulators not to give support to that coin, for obvious reasons.

Also, someone who lives in a society in which Bitcoin and stable coins are widely accepted (like here in Venezuela) would not need to transfer their earnings to an exchange and then to a bank account, they can just use those to buy what they need at the store.

I'm both a regular gambler on crypto-gambling sites and fiat online sites. I'm a crypto enthusiast but I must say that it's quicker and faster to do deposits and withdrawals on fiat online sites. In only a matter of seconds, the money will be sent or received right. Although the comparison is not a big deal to me since regardless of whether it's crypto or fiat, as long as deposits and withdrawals won't take so long, I'm fine with that.

I'm not sure though what you mean by "cheaper". In most cases, fiat gambling sites don't have fees for deposits.

Regardless of crypto or fiat, how can gamblers save money on both if it means gambling after all?

Bitcoin? Fantastic, everyone! It's basically a backdoor for people living in nations where gambling is illegal. Safe, private financial dealings? They have arrived! Don't bother trying to enter seedy casinos now. The majors!

And the selection, now that they may play without worrying about the law? The size is comparable to a sumptuous feast. Bitcoin is improving the security and fairness of online gambling. Fantasticness is guaranteed.

Bitcoin is the top choice by many though some still prefer to use altcoins for their gambling activities because they value Bitcoin and they believe Bitcoin is good for long term holding. Anyway, the whole crypto itself serves a better purpose in gambling, you’re lucky enough if you are playing on a site that offers a lot of crypto options for your deposit. Bitcoin is decentralized unfortunately crypto casinos are not and KYC can still be asked.

That is not entirely true. If gambling platforms require your documents or ask you to undergo KYC, it's difficult to maintain privacy. Even if you use Bitcoin to gamble, your personal information may still be requested and stored on their platforms, leaving you with little to protect. However, if you gamble on a platform that doesn't require KYC and is trustworthy, you may be able to maintain some privacy by using BTC.


Bitcoin transactions are cheaper when the network is not busy but when Bitcoin Mempool becomes congested with many transactions waiting in line for confirmations, you will find it difficult to make deposits on gambling platforms except if you want to sacrifice more on fees, which is enough to help you win something if you are lucky for that day. If I'm to prioritize fast transactions and cheap fees, I will prefer Tron for deposits on any gambling platform.

You pretty much said it all, those are the reasons why online gambling casinos were the first set of platforms to start accepting bitcoin as a payment method for gambling.

Bitcoin, as well as cryptocurrencies in general, have made alot of things easier for humanity, and one of the areas crypto have touch greatly is in the area of gambling on online casinos, with the easier and faster means of depositing and withdrawing money from casinos through crypto, online casinos have gained popularity, and not just that, but also alot of new gamblers as well.

Best crypto currencies for gambling One of the most popular cryptocurrencies in the world is bitcoin, and it is the most common cryptocurrency found in online casinos. Bitcoin gambling comes with many advantages, which is why many people choose crypto gambling over the traditional casino model. Apart from being more secure and faster transactions, this new gambling trend has higher bitcoin bonuses compared to bonuses found in fiat casinos most gamblers prefer to save gambling in bitcoin.

I feel like biggest advantages of using Bitcoin in online gambling platforms is to avoid some countries' regulations. It can be very hard to deposit local currency to bank account of gambling platforms. But its so much quicker and easier to do same with Bitcoin. Most countries don't follow Bitcoin transactions in such situations because its not exactly something illegal. Its legally grey area. It gives chance to many people around the world to gamble in 5 minutes.

While indeed that we can at least lessen if not skipped regulations for me personally what I love in crypto gambling is the security in terms of KYC(because there are still site that does not ask for this verification)
and also the advantage of lessen my time to spend in gambling when there are few remaining time to gamble.
for person like me that only has limit?
playing online would be more suitable than going in casino houses that will push me to play more because of the ambiance and free beers lol.

Using bitcoins is an advantage for crypto gamblers as they do not need to transfer their bank accounts to online casinos and also it is safer from government tracking to banks. Apart from that, maybe it will also help reduce transaction costs that must be incurred by gamblers every time they deposit their money to play gambling. And even though bitcoin may not be illegal in that country, gamblers can still use it to play gambling because as long as the crypto casino doesn't prohibit users from that country from gambling in its casino, they can still gamble using bitcoin.

On the same time, there are also some chances that the opposite thing will happen because the value of the crypto you're using will depreciate at times instead of pumping. So, aside from those advantages mentioned, there are as well disadvantage. But overall, most bettors doesn't really care if their funds will slightly grow or slightly go down, it's the security and fees they care about, mostly.

All these advantages can be linked for all cryptocurrencies in general, apart from the cheap transaction costs since some cryptocurrencies aren't really cheap when it comes to making transactions. Other than that, I think all the cryptocurrency casinos provide these advantages over the traditional online gambling platforms that existed before or maybe there are some still around.

Regarding decentralized gambling and privacy, we can barely find a casino that is decentralized, doesn't ask for KYC, and allows you to gamble with Bitcoins with full access to all the features. I think we are yet to witness this and with the regulations reaching everywhere, I don't think that will ever be a thing.

Having no geographic restrictions is definitely one of the best features of cryptocurrency casinos since almost anyone from any part of the world can utilize the platforms and gamble with ease since there are also no restrictions on cryptocurrency transactions. This has given a platform to everyone to be able to play games without any restrictions.

But, I think there are still some casinos that don't allow some gamblers from some regions to play on their platform, this probably is because they require KYC for withdrawals and they are not able to verify some users based on their region.

Banning some casinos against players from certain countries is possible and also happens for fiat casinos. They don't allow that player, maybe because they can't say clearly in their rules. And players from these countries should be able to understand and not try to play because it will look pointless because casinos can easily block their accounts.
 
Another advantage of opening an account at a bitcoin sportsbook is that players can use the various coins available in the crypto by buying them in many places. They do not have to use fiat, although that option will remain with their account. Using bitcoin and altcoins for gambling gives gamblers the freedom to choose their coins and doesn't need to do KYC to play at certain casinos.

You are right, by-passing countries regulation is definitely another good advantage of bitcoin to gambling platforms, if not for bitcoin, I myself wouldn't be able to gamble on international gambling casinos like stake.com and the rest, I probably will be limited to gambling on only local casinos in my country, this is because the government of my country have restricted international transactions on our local debit/credit cards, and also, transferring internationally take weeks and lots of documentation.
Making international transactions through our cards was the easiest for us, but now, we can't no more.
So indeed, bitcoin got us more advantage than we can ever imagine, most especially in the area of gambling.

That's not the reason, I believe any citizen around the world have their own ID card, so they can verify their identity. But some countries are not allow their citizen to gamble due to religions or their own choice. Usually casino are restrict some countries because of the providers, politics and licenses, that's when a casino have a lot providers, you will see many countries are restricted.

Although VPN usage isn't allowed, but some people still use it lol.

Most of the gamblers are not that depositing huge amount or if they will they mostly put it in the stable coins. Also when it comes to like withdrawing it they not tend to wait for couple of days or weeks just to withdraw it so there are not really impact on volatility but the experience on it is really different from fiat because even that cents has still value when it dumps or pumps

It's not even about depositing huge amount or doing it in stable coin, hard core gamblers don't really care about the dollar value of bitcoin when their mind is set to use the bitcoin for gambling, and also, let's not forget that what we give to the casino is what the casino gives back, if you bet with Bitcoin and won, the casino will settle your winning in bitcoin, and it doesn't matter what the dollar value was when the bet was casted, the casino settle your win with the amount you won in bitcoin, and not its dollar value.

So price fluctuations of bitcoin and other crypto assets isn't really a disadvantage in terms of gambling.

Crypto in general has advantages in gambling infustry. One main reason is accessibility; we all know gambling is restricted to many countries and this chain is promoting anonymity with users which allows them to access, play and avoid taxation. With regards to transaction speed, I think this technology is fair enough but I doubt with transaction fees especially for huge names in this industry such as Bitcoin. Let us be real, we often use other alternative cryptos to lessen the fee from moving to one chain to another. To big investors, yes they won't care that much with that but speaking in general, small ones are more in quantity right? And ofcourse crypto volatility would matter because it would somehow create a double bet (not to exaggerate) because they will be needing to consider changes with the market price of the crypto they are using, while also minding their bet.

Every other thing you said is absolutely right, but about the KYC part, I think most cryptocurrency casinos require you submit your personal information and identity documents at some point, maybe they don't ask for it initially and just let's you deposit and play without any hassle initially and then if you go for withdraw, they will ask for it there.

So basically, no matter what geography you belong to and in what casino you are gambling, if the platform has a license and is centralized, you will definitely have to face the KYC phase at one point.

KYC is part of the regulation and it makes a gambler secure at a cost of its anonymity because your personal details are being shared in a gambling platform. You must not avoid them then but there are lost of gamblers who are against with it.

I don't care really about my privacy but I still dislike KYC because it's hassle. I only want to play gambling right away because the amount that I am using is only small and once I lost it, I will log out immediately. I'm no way of taking this thing seriously. Online gambling doesn't have free beers but they have different promotions to attract people to play on them. They are addicting as the offline gambling.

Well bitcoin is decentralized but online crypto gambling sites are not, they are centralized and comes under regulatory body which almost made KYC is mandatory for every crypto gambling sites so it means you can play conveniently but for anonymous part it's not really achievable anymore due to this strict regulations coming from government for AML and other illicit activities which may take advantage of the decentralized asset like bitcoin.

Bitcoin itself is secure and decentralized but the gambling site that we will be using will vary as sometimes they aren't that secure and then most them are centralized and ask users a KYC. The Bitcoin gambling scene have changed now but luckily it is still growing.

It does not stop Bitcoin users from playing a gambling because it provides them quality entertainment and profit sometimes if they managed to get lucky. Not that I hate Bitcoin but there are cryptocurrencies which are faster and cheaper than in it but Bitcoin is only more popular than them. In almost every crypto betting sites, there is always Bitcoin payment method that you can find.

I don't think the "advantages" are the things that you look for the most when you are crypto gambling, especially nowadays when most bookies and reputable casinos out there asks for KYC which completely defeats the purpose of bitcoin's anonymous nature. But anyways, I would slightly agree given that amongst other payment methods, it's still the most privacy-friendly out there. I guess this stuff matters to us retail users the most because I rarely hear large-scale investors talk about how great bitcoin is as a currency, doesn't matter for which purpose they intend it to be. In any case, regardless of if casinos do all their KYCs or not, it still wouldn't stop people from using bitcoin as a viable payment method for gambling. I myself use it, a lot of people in the industry use it.

KYC can’t be ignore or else your account will be restricted, even if you use Bitcoin your are no longer anonymous not unless you gamble on a decentralized platform which I think still have a risk. The advantage of using Bitcoin is that it is available on every gambling site, and its easy to get Bitcoin unlike the other altcoins aside from this, I can’t think for the other. The only disadvantage of Bitcoin is its value, you might lose more if you gamble with Bitcoin and the market goes up, the price is too volatile with Bitcoin.

While this may be true, the resurgence of online gambling has made most online gambling companies to enable KYC in order to follow the regulations posted by the government.

I do agree that regulation is one of those things that is somehow lenient but this only happened during the first years of online gambling. When the government discovered that majority of the people made the switch from attending physical casinos to trying online gambling, they regulated in it in a way where it would not be as destructive. This is the reason on why KYC was soon implemented.

While others consider KYC as a hindrance, I do think that it is essential in order for the gambling company to last in this space.

A:

I'd say the biggest advantage of Bitcoin is that it doesn't require any investment on the part of the player to make any deposit. Bitcoin also has some fees, and as per the article the bonus is about the "cash" value you pay once you start playing.
It's possible that you are still in the "new" gambling environment, but this is still a relatively new industry and there is a lot of money being made in the online casino and betting game. codes, like the "Bets of Interest" have been in use for some time. Some of the bonuses you can enter into on the site seem to come from the sites where you pay bonuses.
I would expect there is more value in the reward than in the value the reward has for some types of "entitlement".
BTW, you can enter some of the bonuses in your account to pay you on the site, but you may have to pay a fee to use certain games (like the online casino game), or even to play an online casino. For instance, you might buy a copy of that Casino360 game (in your account) or get a bonus on that, or sign up for a free

You may not be asked to do KYC if your withdrawal amount is not very large, say under $50. But you will be asked to do KYC if you have passed that limit. So it's up to you to decide whether to play small and win small wins or try to win big wins, assuming you will be asked to do KYC.

The casino has given us a choice. But we want to win big, and when the casino gives us the option to do KYC, we will refuse it because they didn't say it at the beginning of the registration. That's been the problem all along. We should have known about it, and it wouldn't matter if a casino asked to do KYC one day.

The reason why Bitcoin is found in almost every single cryptocurrency gambling platform is because it is the most widely used cryptocurrency for deposits and withdrawals on gambling platforms and it is also one of the very first. The first gambling platform that accepted cryptocurrencies started by accepting Bitcoin since there were no other altcoins at that time and even if there were, Bitcoin was the best and the most popular one.

And I don't think that Bitcoin isn't fast or cheap if the platform allows or accepts lightning transactions, it only costs a few cents and the transaction gets confirmed only within a few blocks from when it was initiated.

It's not that easy since most casinos have to uphold the terms of their license and not allow people from countries where gambling is banned to play. If you use VPN to circumvent the restrictions, you can be banned from the casino and denied payment. I wouldn't call that the biggest advantage of bitcoin.

The real advantage of bitcoin casinos is anonymity of payments, where you don't have to use your bank account at all. All you do is transfer bitcoin and get it back, and then you can find a store or service that accepts direct, no KYC bitcoin payments and you're all set. You've gambled without anybody knowing, you've earned profit, and you've spent that profit, all anonymously.

Privacy has never been the issue lately, but certainly it’s all about its legitimacy and not being rigged. Though there are still those who offer KYC-free casinos if you gamble in grey areas, but most of them are illegal and have no provably fair system that we can rely on. That’s why I’m no longer much excited with decentralized casinos these days, as KYC has become the norm and people are actually complying in it.

Gamblers comply for there seem to be no choice and they don't want to be scammed by casinos that are already scamming. Once there are options, they will be moving to the casino that is not asking KYC but the reputation still is more important to them.

One essential advantage that a gambler can see in using BTC is that BTC price goes up all the time. They are not just gamblers but also investors of BTC. Whenever there is an opportunity to accumulate, its going to be taken.

One of the major reasons I enjoy gambling  on bitcoin casinos  is the privacy  and ease of deposit and withdrawal.
Just as we are always wanting  to put into consideration  the positivity associated with gambling  on bitcoin casinos, I think we should also try to put into consideration the negative aspect of it as well as whatever  has positive also has negative  as well.
I think gambling  with crypto  might make gambling  accessible for underaged persons to gamble and I think since there is no one to help monitor oir gambling  habit using bitcoin. I think  there is always ease of getting  addicted.

Even before the existence of Bitcoin, there had been different types of gambling so far and people had been adapting to it since there is no other options other than gambling with fiat. Now that there is Bitcoin, people have started seeking for a secure way to make vet anonymously without any third party in between the transaction like the way bank normally process our fiat transactions.

Bitcoin had make things more easier than before when we will have to transact fiat from our different banks to fund our gambling wallet or account. Life is becoming easy for us as a whole funding our account without any need of involving bank to process our orders/transactions.

Centuries back gambling is there and it can be understood through the historical incidents. What we're experiencing right now is just the transition from one level to the other. The people who had been gambling with fiat have moved towards cryptocurrency finding the good. It can be said gambling industry and bitcoin getting mutually benefited.

For growth there is need of circulation of cryptocurrency and a big percentage is happening through gambling industry. This means the market is being benefited by the users and the usage is helpful for the rise/drop in the price to some extent.

I think the biggest reason is the community and the huge numbers of investors who are also sports bettors, these people already discarded fiat and made Bitcoin their main currency of usage online, so you create a platform that accepts Cryptocurrency and you have targeted a big community.
All platforms are created to target specific communities and the Bitcoin community is so huge that it guarantees success, especially in gambling platforms.

That is what KYC is supposed to be for, or at least, in theory.
If some underage person wanted to gamble and withdraw from a registered casino, it would be just matter of time before they needed to summit their documents and there is where they would be caught. Even if they chose not to comply,they would get their money frozen which would certainly be a factor to keep them away from gambling.

Also,I agree than Bitcoin helps a bit with privacy, I am almost certain that banks store forever a log on how you use your salary, to them it does not matter much.  ::)

Many people will come up with different advantages, some reasonable, others not making complete sense too.
Introducing someone to gamble with bitcoins especially someone who is new in bitcoins can interest the person and turn them into people that know bitcoins and not just use bitcoins to gamble. Gambling with bitcoin introduces you to many aspect of the importance of bitcoins and it can make someone who is new to be interested in it.

Bitcoin provides a decentralized way to gamble online, but the gambling sites don't want it that way, so they implemented KYC, which is understandable given their desire to protect their site from scammers and those who will abuse their system.
If given the chance to protect my own business I too would do something similar, because we humans tend to not think of what others will suffer from our actions as long as we get what we're looking for.


I won't say always. If you mean when the network is free and not congested, I might agree because you can pay a low gas fee and still get a very fast confirmation.
However, the network has been so congested in recent days that you must pay 84 sats/vbyte ^{at the time this post was made} for Hour Fee, and it can still go higher depending on how congested the network is.

Bitcoin is secure and decentralized. It provides a certain amount of privacy as well. Transactions could also be processed quickly and, yes, without third-party intermediaries. Yes, you could also stay pretty much anonymous gambling with Bitcoin.

All of these, however, are pointless if the gambling platform you are using is centralized. First, you will have to deposit your Bitcoin to another wallet that you don't control. The casino could run away with your money. It could freeze it. Second, almost all of crypto casinos reserve the right to require users to undergo and pass KYC. Third, processes like withdrawals are done by a third party, the casino itself. And, finally, it could be done manually, which means it takes time.

Unfortunately, the anonymity of gambling using crypto is something that can no longer be guaranteed in today's days.
For most players who always lose everything (like me) or who play small amounts every month, they will never need to go through a KYC.
However, in virtually all online casinos, even those that operate with crypto, you will need to perform KYC if you are a regular player who bets large sums or if you need to make a large withdrawal of money/cryptos.

But even so, I agree with you.... gambling using cryptos is still more advantageous than the traditional ones that operate with Fiat.

Opening an account isn't solely an advantage but I'd say the experience over it. I have few accounts to play on sportsbook but that doesn't mean I have the advantage, it's simply a thing to require you to gamble. For me the advantage is that you can play whenever or wherever you are using just your smartphones, the ease while you're on your home. Those things might be least of an advantage but they are something important I guess.

Many places traditional gambling is banned, so yes you can’t directly deposit through FIAT in those platforms and hence you can’t gamble there. Now in this types of situations, Bitcoins come to rescue us. Due to the decentralised nature of the coin, you get the full advantage to remain anonymous. Though gambling is banned in your country, but no one can really figure it out that you are betting with Bitcoins. Moreover sportsbook with crypto helps you to bet on different international events against various players from all around the globe. So yes these are the prominent advantages we get from a Sportsbook that accepts crypto.

Gambling is illegal in several countries. Countries were online gambling and physical casinos were banned can make use of the cryptocurrency accepted gambling sites. Few gambling platforms gives access to play without any account. The transaction can be easily tracked and chance of errors were low. People who prefer cent percent privacy can enjoy gambling, in different means advantages are there. However it all depends on how well we use it. Gambling platforms have given access for investing which too an advantage.

There are casinos that don’t do any KYC no matter how big you win. Freebitco.in is one of them. There are probably others too but I can’t remember their names now :) Freebitco.in on the other hand has been around for years and they are one of the most famous casinos out there. They don’t deal with FIAT or USDT and therefore they don’t have to get any licenses to operate a crypto casino. I think more casinos should follow the same route.

Bitcoin and gambling, a fantastic combo! But as you said, there are downsides, folks. Secure and decentralized, sure, but what's the point if the platform's centralized? Decentralized platforms aren't flawless either. More control, yeah, but tough to use and not-so-friendly. Less regulated too, so scams and fraud? Watch out! The answer? A hybrid! A mix of Bitcoin's security and privacy with centralized platform's ease and regulation. Can it happen? Uncertain, but I'll wager on it - in Bitcoin, naturally!

Of course there are more casinos who will follow this as people who gambles using crypto wants to be anonymous in betting as well. However, with the level of competition in this industry, it is really hard for these casinos to be recognized since there are already these established and most trusted decentralized gambling platform existed for quite some time.
Plus, it's really hard to trust other casinos, that's the reason why some gamblers just stick with the casinos they're most comfortable with even with the implementation of the KYC.
Indeed, there are still a lot of crypto casinos out there that doesn't need KYC.

In the crypto gambling industry Bitcoin cannot be separated from gambling, but in this era I don't pay much attention to the fact that they can still be decentralized because there has been a lot of interference from outside parties such as the state government.
But I don't care about that because I think gambling is fun so whatever happens as long as it doesn't have a big impact on my finances is not a big problem.
Yes, I know that and caution must always be prioritized in the gambling industry because there are so many scam sites that exist.

A lot of these so-called advantages are disappearing over time for different reasons. Referring to anonymity in relation to cryptocurrency is getting harder by the day, because so many transactions are tracked in the background from exchanges and peer to peer trading has been targeted by financial regulators recently because they don't keep the same level of records that banks do. Promotions are also widespread and in many cases a lot greater with fiat currency casinos in my experience, that being said there are some great bitcoin gambling sites offering bonuses out there. Potentially greater odds would be the biggest benefit to using a crypto sportbook over any other type.

For me, one of the pros of using a casino that accepts bitcoin is the anonymity it provides (at least casinos that do not require kyc) I can easily deposit and withdraw my winnings to my wallet without any third party knowing what I’m doing. If I was to use fiat to gamble, the bank would have a record of my deposit and can dictate where I can send my money, I don’t like that one bit.

Is it really necessary to spend the Bitcoins directly? You can simply just keep them and convert them to fiat later whenever you need cash, no one would know that you've got cash from withdrawing Bitcoins from a gambling platform, and you should be good that way too. Also, you will give yourself a hard time trying to find a store to spend your Bitcoins I'm sure.

Also, I think there are some casinos that allow their gamblers to use VPN without any issues, though I never tried it myself but I think Stake allows it, I never heard anyone saying that they've got banned from Stake for using a VPN.

Of course it can. Before crypto gambling came, there is already a Bitcoin. Then some gambling sites don't support Bitcoin. Bitcoin itself is still decentralized because it can not be totally stopped. There is also fully decentralized gambling sites here. It's important to pay attention to the government's order because you don't want to get in jail or being fined aren't you? It is still better to enjoy gambling if you have a peace of mind. Gambling is so risky.

No matter how we think we are in control of our selves, there will be a time that we can over spend but as long as we can go back in track again, it's only fine. Losing money occurs too due to scams but this can be prevented if we check the background of the casino before we play.

just make sure they are not requiring kyc at any point of your active betting. because some casinos and bookies won't ask kyc when you deposit but upon withdrawal, they will require you to submit kyc. so always check their ToS before it is too late.
but old sites like freebitco, we all know they don't require one. and it is reputable site known to this forum. so if you do want to play anonymously without worrying about them asking your kyc, check the reputable ones first.

That's one of the best things being into Bitcoin sportsbooks. We don't need to have that record coming from a third party that might be used against us in the future if it's related to finances.

Another thing, the cheaper deposits that can be done by everyone as long as you've got an amount that's required as the minimum deposit then you're good.

Not that much of a process for those transactions that should be meeting their minimum standards and requirements. You can gamble with a couple of bucks as long as it's accepted by that casino where you'll play.

Nitrobetting us 100% Anonymous

No need for KYC or any other form of identity verification.

Nitrobetting is 100% Anonymous

No need for KYC or any other form of identity verification.

Well, I think you said everything, I also think that things move that way, I can't see any other alternative than what you say, but one of the bad things is that if the site doesn't have LN, because if bitcoin goes up a lot , the fees will be so high that you will never want to Withdraw, because I know that these problems always happen, but if a casino that is only Bitcoin corrects this, updates and puts its system based only on LN, I think it will be the most visited many Players, since things are different this way,or unless an Internal Exchange is made.

I know what you mean, this is also related to the Bitcoin network crash a few days ago which made transaction fees very expensive for bitcoin. If the casino uses an ordinary Bitcoin network then it will be very impactful and transactions will be very expensive, of course no one wants to pay fees that are too expensive, even exceeding the bets we will make.
Using an LN network can certainly be a solution, but not all casinos implement it. there are several gambling sites that use the LN network such as Betplay. and for internal exchange, of course it requires more complex development, it could be like an instant exchange for crypto and Fiat Assets or coins from the casino itself.

High transaction costs and a long waiting time make using Bitcoin to gamble a major hassle. Although it's the dominant cryptocurrency, Bitcoin isn't perfect. You mean the Lightning Network? You made an excellent point, but not every casino will be jumping on the bandwagon any time soon. What will cause us to stomp our feet in exultation? Consider alternatives to Bitcoin. Dogecoin, Litecoin, or the sped-up Solana, among others. Curious?

The origins of Dogecoin were humorous, but now? A possible game-changer for low-value transactions because to its low costs and quick processing times. Litecoin? Overtakes Bitcoin in speed and efficiency, and then some. And with Solana, picture Bitcoin with a rocket launcher. So, why aren't more gambling establishments adopting this trend?

for experienced gamblers I'm sure they understand everything about casinos without KYC and those asking for KYC, but for novice gamblers they very rarely understand this problem so many cases of gamblers complain of being refused when withdrawing funds on the grounds that KYC was refused because it was in a prohibited country according to the provisions Casino ToS.
so it is very important for all professional and novice gamblers who want to gamble on online sites to always pay attention to the ToS in the FAQ before making a deposit or making a bet to avoid similar incidents.

Yeah, for any kind of service I always test the full deposit/withdrawal mechanism before putting a considerable amount of money in.

There are just many types of services that simply take forever to withdraw or make it extremely painful and complicated, whereas the deposits are always way faster for some reason  ;)

The decentralization of Bitcoin works only when we are in possession of the Bitcoin, some people believe that the decentralization exists in Bitcoin automatically, you are wrong, for that decentralized part to be in checked, you have to be the only one in control of your private key, that's where the real decentralization will kick-in.

Moving your Bitcoin from your wallet to any Gambling platforms,  Centralized exchanges and many others have automatically deactivate the decentralized side of Bitcoin, it's a bad practice so the earlier you know this the better..

An advice? Do not entrust your Bitcoin to any centralized platforms, businesses or companies.

Yes what you say is true but to be completely honest I don't really trust a truly decentralized site.
Of course I don't want to get into trouble or even more so in fines or jail for not paying attention to government regulations but this is a crypto-based gambling industry so if the government takes it too far it will make gamblers not trust it so much because there is interference from other parties.
But this will be an agreement between the owner of the gambling site and also the government so we can only accept it and play like what was our goal at the beginning of our foray into the gambling industry.

Yes, cases of fraud are very rife in crypto-based online gambling. There are even some sites that already have a bad reputation but are still operating and carrying out promotions to get new customers that they can trick.
It is very important to be careful and do research if you want to choose a crypto gambling site to avoid some fraudulent sites.

I think that more than 90% do not read the user agreement, otherwise many would simply think a hundred times before sending their money to the casino. You may need to go through verification in order to be able to withdraw money, there will also be such items as blocking accounts at any time, to clarify any circumstances. But now there are still casinos that allow you to play and withdraw without going through the KУC, although there are fewer of them, so it’s worth reading the user agreement in any case, even if it seems boring to you.

Well, i have a solution for those who do not want or do not have time to read the user agreement. The first thing when you are a new casino, do the KYC and then start depositing money there. This way, you will not be facing any difficultly in withdrawing your money when you win any amount in the casino.

The drawback is of course you will be doing KYC beforehand and it is not advisable to perform KYC for each and every site. We should only be doing KYC at sites which are trusted so our documents are save.

Nope, the technology can trace your Bitcoin transaction as long as you used a centralized exchange since they can tract from your centralized exchange account backward to where it came from.  Unless we use a mixer, anything that pass through a centralized service can definitely be traced.


Stake has vague stance about using VPN.  I already asked their support about it but they just answered me with a standard reply that the use of VPN is forbidden to bypass geolocation restriction but they never affirmed that using VPN is allowed on their sites.


True that, the casino will never use the issue of KYC in halting user's withdrawal because it has been done unless the platform caught the player exploiting the reward system.  We have seen some accounts being locked or banned due to bonus exploit.

I completely agree with you on this, I have been gambling on stake for several years now, and if I must confess, I have never read their terms and conditions once, but what is the secret as to why I've never had any issues? When I registered, I first of all submitted my documents for verification, I passed the verification before depositing my first dollar there to gamble.

My advice as well to those who do not have the time to read terms of casinos is to avoid registering and gambling on random casinos, most especially New ones, find a good casino with great reputation, verify your identity and then gamble there.

Yeah, I agree with that, the only issue with that is how do you know which site is good without trying it out first without IDs?, once you realize it's good you can send your documents.

If you just sign up and send documents to any new site you could end up sending them to many places until you find a proper one.

Bitcoin transactions are much faster and time consuming than traditional transactions but for some days Bitcoin transactions have been facing the problem of extra fees. But the biggest problem is depositing bitcoins from other wallets to gambling and casino sites. If depositing bitcoins in low priority then it takes a long time to arrive in the bitcoin wallet causing additional problems. I deposit bitcoin on 8 Sat/VB few days ago but till today that bitcoin is not confirmed in my wallet.

Hi there,

You're right that Bitcoin is a decentralized currency and that one of its benefits is that transactions can be completed without the need for a third party.

Another way in which gambling with Bitcoin can lead to a loss of privacy is that many casinos require KYC (Know Your Customer) verification. This means we must provide the casino with personal information, such as our name, address, and date of birth. This information could then be used to track our gambling habits.

Yes, I really had a bad Experience for those days , but after that it Helped me that I have to see each transaction and I will see the associated fee, as far as I am concerned I think that the banks should implement LN , because nobody cares. I like to pay a lot of fees in a withdrawal transaction , that is something that causes discomfort , if you earn in fiat let's say 80usd, and if you want to withdraw in bitcoin it is equivalent to Taking about 25usd from you and that is something that is not within the budget to assume , then the casinos need to make a move like that because when bitcon goes over $100k it's awesome.

I mean the biggest thing for me was the ease of depositing and withdrawing of funds.  Out of college I had a buddy who was a bookie and would use him exclusively until he decided he no longer wanted to do it.  I had used my credit card before to fund accounts, but I didn't like the whole set up and I surely didn't like the shady looking checks that would take weeks to months to be paid out.  I actually didn't realize many online casinos had switched to bitcoin for some time.  Once I found out many used it, I was fully "back in the game".  I don't spend outside my means, and treat it like a hobby.

What happens is that when talking about altconis it is something that many do not like , although I know that if btcoin were to rise to at least $100k and there is the option to change them to Doge within the same casino, well in my In this case , I would not doubt it , because I can easily take it to an exchange and sell it and I have USDT or bitcoin, that is something that can also happen , LN is an option, many are very Reluctant to use Doge , of course because of Elon Musk it is their favorite currency and since he has not spoken very well of bitcoin that causes a lot of rejection in the Bitcoin Community.

bitcoin has always been the number 1 priority for most people when they enter this cryptocurrency market, what has happened is the following: for people to transfer bitcoin to the casino they pay high fees, and I am not here talking about high fees when the situation becomes critical in the bitcoin network, I speak of fees compared to altcoin, for example in my case, I am a small player who only puts 10$ to play so in my case if I took 10$ then I would have to pay 1 or 2 dollars of fee and in the casino only 8 dollars would arrive, in the casino if I play and I have 13 dollars and I want to withdraw everything I will be deducted 2 or more dollars

soon in my wallet, only 11 dollars will arrive and see that I am talking about casinos with the lowest withdrawal rate, because in the case of casinos that have 13 dollars of withdrawal fees, it is not even worth playing in them, so with 11$ I only I made 1$ profit, it just doesn't make sense to use bitcoin in this situation, that's why I use litecoin which doesn't even reach 0.20$ transaction and withdrawal fee, and that's why people use altcoins to play games, but they keep looking at bitcoin as number 1 because it's true, bitcoin is more reliable

Gambling platforms or casinos don't really need your personal information to track your gambling habits since you already gamble with them, and if you are talking about your activities outside their own platform, that is not an option available to them at all. They can't track your habits or activities only by using your personal information unless they have links to every single casino platform that you use out there.

The only downside of doing KYC is that you are no more anonymous for the platform operators and in case the platform you are using isn't trusted and reputable, your information might be misused but that doesn't happen all the time and one shouldn't do KYC in platforms that they don't trust.

Hmm, I'm not sure if I should share this secret, but let's just say that you're not entirely correct. Each platform typically operates independently and has its own systems and databases. However, there are indeed scenarios where casinos have the ability to track your gambling activities across multiple platforms, particularly in the case of sportsbooks. If you're curious, you can do some research on your own to dig deeper into this.

The database is always stored by the platform but for some reason the data can easily be known by other parties.

Here I agree with you because the casino has a sophisticated team and technology that can do a lot of research and get various information about what their customers are doing, especially if the casino implements KYC it will be easier to find out.

I have a thought that maybe one casino with another casino has connectivity or cooperation so that they can provide each other with some of the information needed, but this is just an afterthought so if it's wrong, please correct it.

Bitcoin transactions are transparent and open to the public. Which means that anybody can take a look and trace/prove certain transactions. There is no middle man required for this. This also means that nobody can cheat/scam somebody just because their gambling experience did not turn out the way that they hoped it would. Currently, Bitcoin is working on cheaper transaction costs but there are also cheaper options. Especially other cryptocurrencies.

Online crypto gambling casinos do provide a large amount of advertising for Bitcoin/crypto. They may even be one of the top promoters of Bitcoin. That is definitely a good thing. If casinos find more ways to connect normal people with Bitcoin, then I am more than happy about that.

The use of Bitcoin for gambling has been greatly supported by Crypto Casino, and certainly, their promotions have been successful in luring more users, particularly gamblers. Their advertisements in different websites and social media platforms and even in sports events had a huge impact on Bitcoin's growth which has also increased the number of Bitcoin users.
However, Bitcoin has also been a good attraction to lots of gamblers who prefer using a well established coin and provide cheaper fee at the same time. These two actually work together and they also benefit gamblers who want to generate better profit and save transaction fees.
Without Bitcoin, I'm certain that many gamblers are still suffering from fees and distress, and many may still be falling for fraudulent currencies.

Casinos that accept bitcoin as a payment method are the best options for gamblers who have issues about fees deducted while paying gaming fees. Another useful feature for gamblers is the ability to send bitcoin in exchange for gambling selections to be activated. Bitcoin is literally utilized for gaming in crypto-related casinos, and the traffic to these casinos' websites has increased since they tend to harbor more gamblers who are also familiar with bitcoin, and it is one of the simplest and fastest growing casino advancements in the system.

not completely correct mate because bitcoin fees sometimes grows too much so there are still altcoin that can be alternative and that is what I'm doing sometimes , though it is always an advantage to have Bitcoin as betting and deposit method .
and that is what most of us do , because admit it or not? casinos nowadays  are hard to predict whos the legit and whos scam specially new casinos.

You cannot describe Bitcoin as having high fees only because its network gets congested once in 2 or 3 years which is a very rare thing to happen, though one should always keep alternative options in case something like that happens but Bitcoin isn't generally a bad choice, but most gamblers prefer using stable coins for gambling only so that they can easily keep a count of how much they've spent or how much they've won or lost.

Other than that, Bitcoin is the best cryptocurrency one can use for any sort of thing whether it's gambling, trading, or anything else. Bitcoin's transactions don't take much time when the network is clear which is another plus point that we should consider.

I think this is one of the best advantages bitcoin sportbooks and casinos offer the customers compared to fiat casinos. Over the last few years we saw a huge rise in the crypto gambling industry, which came from the hype in the crypto community. With many crypto investors making huge profits in the 2021 bull market, there was a lot of capital to be spend at the casinos. This growth allows crypto companies to offer better promotions and advertising than other companies and we customers should always look for the best deal. Having the option to choose from a large number of casinos is the benefit of the internet. And as long as they have a good reputation and our money is save, there is no issue to switch to the sportbooks with the best promotion.

Without a doubt, this is the case, we have also seen that one of the reasons why this type of public has increased is since the pandemic, where many people Preferred to go to casinos to resolve their situation, others requested bank credit , other loans The question is that when a person feels desperate, they resort to this type of means, out of desperation or simply to get out of a difficult situation quickly, this boom increased in profits for casinos, that's why I think that every time a crypto casino offers advantages for bitcointalk users , something very correct and Accurate precedes me.

Some gamblers are really that mindful  about their bitcoin spending on which they do presume or assume out that what it would be its future price if ever they do able to lost it, this is the time that they would

really be thinking that it might really be 2x or 3x fold on the next month or on the bull run happens on which it cant really be that so shocking that there would be people who would really be thinking up this way.
If we do speak about tools or currencies which can be used on gambling then there are tons and we know about fiat and crypto.Although they do have  those differences but we know that we arent blind
on which one is really  that being preferred depending on what we do really like. Not all would really be liking about using up fiat due to some kyc issue or exposing your identity
on which it is the sole reason on why they would be switching up to crypto due to this reason.

We arent that blind about advantages and other stuffs which we know that lots of people would really be preferring on making use of Bitcoin.

everything you said about the advantages of gambling with bitcoin is true, but I think one thing you are missing is the fee fee. many sportsbook bitcoin gambling sites, withdrawing winnings no matter how much the fee is charged is still the same (although the bitcoin fee is still a little fluctuating)

I am very thankful that bitcoin appeared in this world and I will not use fiat anymore to gamble, I will only use bitcoin to gamble

the pandemic indeed opened a lot of opportunities for the online casinos and bookies. once those regular gamblers discovered these online gambling sites, it is like there's no going back to traditional ones. though some are still going to land-based casinos for other personal reasons.
in this forum alone, we have discussed countless times about the pros and cons of online crypto casinos as compared to fiat-based/offline casinos. so we know very well why we are continuously using online casinos and more gamblers are going into this route. for me, the convenience is on top of the list why i use online casinos.

when you say advantages of gambling I don't see any reasons that will make you to say that what you said about advantages of gambling in Bitcoin is true that does not have advantages because the disadvantages in gambling is higher than the advantages in gambling it depends on their own level of understanding that will make you to conclude that gambling have its advantages

But what if the bitcoin fee you are charged in withdrawing your own bitcoins cost a lot when converted to fiat? Would you still want to gamble with bitcoin? I would continue doing so if we can adjust the fees from the casino, or if they impose just the lowest fee possible to get the transaction confirmed in the next 5 blocks or so. Most of the crypto casinos existing nowadays impose fees that get your transaction confirmed in the next block, and if you don't really need that fast of a transaction, wouldn't it be best if the player can select how much fee are they paying?

Unlike the increasing transaction fee, gambling platforms have the same transaction fee on transactions. This is quite good, because the variation will be paid by the platform. Onchain transaction costs different fee, for same transaction same amount we'll pay different fees. When the gambling platform does this, the transaction done with the low fee gets compensated when there is additional fee required for another transaction.

As a gambler who always uses bitcoin or crypto when making bets, I am greatly helped by this convenience. We don't need to do complicated things like fiat deposits with various conditions and using bitcoin is one of the things that can make our privacy safe and also easy to make any transactions. I think this development is also very well followed by many gambling sites or online casinos because it can attract the interest of gamblers who were previously afraid because they have to protect their data.

It's not an option but it was the main choice. Options are the altcoins, just in case the Bitcoin network is experiencing some issues. deductions are normal before and after we play gambling. It's a kind of fee to the miners to process our transactions but there were some gambling sites who are abusive when it comes to withdrawal fees where they set it to a higher level.

We need to check it or ask questions first to their support before we start to play on them if we don't want to get disappointed or it would be better to use altcoins instead if their fees are still minimal. Bitcoin is a currency, no wonder why it's being used in an online casino. This is one of the ways to use our Bitcoins other than by simply holding it.

One of the things is that provably fair gambling is ensured by using bitcoin gambling, this would ensure that users are provided with openness and fairness. Furthermore Bitcoin gambling offers substantially less signup and transaction friction than currency operators, which increases conversion rates for gambling operators. For gambling operators, they can save money and take fewer risks when using bitcoin gambling because transaction fees, chargebacks, and financial fraud are all eliminated.

Yes, in fact, in fiat casinos things are much more radical, the kyc must be exactly as they say, if the document has holes, or wrinkles, they do not accept it, it makes them have to look for new documents or renew them, On the other hand, sometimes in crypto casinos things can be a little smoother, and I think they should be smoother because they should not request KYC, because if we go to the satoshi legacy from the moment bitcoin was created, it is to avoid the controls of governments, banks and everything that has to do with this type of organization, but even so they have managed to introduce KYC to the casino in an impressive way and even with many players who support this.

I will never support KYC, because in a possible attack against the casino, data can be leaked and it is not good, so the problems can start there.