Bitcoin Forum

Economy => Gambling discussion => Topic started by: nitrobetting on July 22, 2023, 03:26:08 PM



Title: Pros and Cons of Crypto vs. Traditional Gambling
Post by: nitrobetting on July 22, 2023, 03:26:08 PM
As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.

Traditional Gambling Pros
Familiarity
Online sports betting has been around for close to 30 years. We’re familiar with how traditional online sports betting works.

Most available sports betting options
Sportsbooks don’t allow betting on every available options. But they do allow most sports betting options.

Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

Traditional Gambling Cons
Credit card companies may not allow you to fund your gambling account
Credit card companies are middle entities. They give you credit and then help you facilitate transactions. Because it’s the credit card company’s money, they have the right to dictate how you spend your money.

Credit card companies hate sportsbooks. Bottom line? They won’t allow you to fund your sportsbook account with their money. Also, funding with credit cards requires paying big fees, sometimes, over 10%.



Keep reading→ https://n2g.io/1f1f79d


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Sim_card on July 22, 2023, 03:37:01 PM
I clicked on the link that you provided by it say that I have been blocked. Base on your article,online casinos are taking over the whole world gamblers because it is easy accessible and convenient for gambling from whatever place that you are. Also online casino makes gambler to gamble in their comfort zone without any risk of been attacked by hoodlums when gambling in a traditional casino. In a traditional casino everyone will know that you are a gambler and when you win the jackpot everybody will be aware of it which might be a threat to your privacy. It is bad to gamble with your credit card,as it is the same thing like borrowing money to gamble. This shows that you can't control your gambling activities.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Oshosondy on July 22, 2023, 04:01:18 PM
Credit card companies may not allow you to fund your gambling account
Credit card companies are middle entities. They give you credit and then help you facilitate transactions. Because it’s the credit card company’s money, they have the right to dictate how you spend your money.

Credit card companies hate sportsbooks. Bottom line? They won’t allow you to fund your sportsbook account with their money. Also, funding with credit cards requires paying big fees, sometimes, over 10%.
We use cryptocurrencies, not fiat.

This forum is more about cryptocurrencies. The gambling sites that have announcement threads on this forum are crypto gambling sites, not traditional or fiat gambling sites.

I clicked on the link that you provided by it say that I have been blocked.
Use VPN to open it, it would work. I used IP address and I got the error but it worked with VPN. I am wondering why it is blocking IP addresses.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: bittraffic on July 22, 2023, 04:09:36 PM
Quote
Decentralization
Crypto gambling is decentralized, meaning it’s peer-to-peer. The sportsbook doesn’t require your personal information. The only thing a crypto gambling sportsbook requires is an email address.

Not really. When users have to create an account on the casino, it's not going to be considered Decentralized.  I think your writer had not understood well the concept of decentralization. Most of the things he wrote under the Crypto Gambling Pros can be disputed by the ones who know.


Also, Traditional Gambling AFAIK is where gamblers visit brick-and-mortar casinos. The comparison I think should be Online Fiat Base gambling pros vs Crypto Gambling Pros.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Hispo on July 22, 2023, 04:24:52 PM
This rather a topic which I recall has been discussed many times before, though I understand you want to promote your web and try to get some traffic. Next time you would like to start a topic it would be more constructive if you put a little bit more of effort on finding some talking topic interesting enough to prompt people to click on your links, etc.

Quote
Decentralization
Crypto gambling is decentralized, meaning it’s peer-to-peer. The sportsbook doesn’t require your personal information. The only thing a crypto gambling sportsbook requires is an email address.

Not really. When users have to create an account on the casino, it's not going to be considered Decentralized.  I think your writer had not understood well the concept of decentralization. Most of the things he wrote under the Crypto Gambling Pros can be disputed by the ones who know.

I think OP may have some problems and be confusing both terms, decentralization and privacy/non-KYC.
While I can agree cryptocurrency has offered many advantages to the gambling community, though we must be aware that whether we decide to go to a traditional casino or a crypto one, as soon as decide to deposit we are giving up the total control our money. There is where some of the enthusiasm for the so-called Web3 casinos and decentralized gambling platforms come from.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Bananington on July 22, 2023, 04:31:08 PM
Also, Traditional Gambling AFAIK is where gamblers visit brick-and-mortar casinos. The comparison I think should be Online Fiat Base gambling pros vs Crypto Gambling Pros.
From the traditional brick-and-mortar casinos, the advance is online fiat gambling platforms that are popular and the advance of them is crypto gambling which will take over almost totally when cryptocurrency become generally accepted. They all have their pros and cons, but because one is the advance of the other, it means that there are things and features that were not addressed that will make the latest be a preference. If they had been completely okay, there would have never been an advancement.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: swogerino on July 22, 2023, 04:43:40 PM
It is easy to see why the new generation,people from 20-40 years of age will always prefer the crypto gambling compared to traditional gambling and in fact if you see the chat rooms of well reputable casinos you will see most people are young there.They are doing great in offering us the same options of betting as traditional casinos do especially in sport betting because when it comes to slot and other games the crypto casinos cannot be beaten by any traditional casino.By traditional casino I also include the likes of Pinneacle,William Hill and bet365 to name a few,these providers cannot give us the huge variety of slots that crypto casinos do,they need to improve that.Beside that no credit card needed here and even if it is used it is used to buy coins which is well allowed.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: alastantiger on July 22, 2023, 04:45:42 PM
Also, Traditional Gambling AFAIK is where gamblers visit brick-and-mortar casinos. The comparison I think should be Online Fiat Base gambling pros vs Crypto Gambling Pros.
This is the correct way to put it and the OP should take note of this.
I would say on this matter is that the older generation may prefer fiat because they understand it more while the younger generations, the gen z who are tech smart would prefer crypto. Because who uses fiat anymore for stuffs like this?

Besides, I think that online casinos make more money from crypto gamblers than from the others.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Casdinyard on July 22, 2023, 09:47:17 PM
First off, stupid to even use credit card for funding your gambling needs. You're literally digging your own grave with that kind of mindset let me just tell you. Another thing, we pretty much know what the ins and outs of gambling in between these two fields is since most of us here (and I know I speak for everyone when I say this) we've already used cryptocurrency gambling, land-based casinos, and fiat casinos too so we pretty much know what the strengths and weaknesses are of these things. Lastly, your site isn't allowing us to access it for some reason. It tells us "You have been blocked" or something which I would guess is because your site is region-specific. If you want to advertise a casino this is not the best way let me tell you.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: livingfree on July 22, 2023, 10:45:43 PM
That's true with the traditional gambling, credit card companies and the banks won't allow you to deposit to them if ever you're going to use your funds from there.

With crypto, it's easier. You can deposit any amount at your will and that's the easiest way to gamble. The minimum deposits are even lower than the usual limits that we're seeing from these traditional casinos.

Howbeit, there are also some traditional online casinos but majority of us prefer the crypto casinos and bookies.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Yatsan on July 22, 2023, 10:57:19 PM
Mode of payment, taxation, and accessibility are the three distinguishing factors which are obvious between traditional gambling platform and Cryptogambling platform. Taxes are the main thing I see as a pro for crypto gambling platforms; winning bigtime won't be taxed in an instant. When it comes on accessibility, this is the downside for web 3.0 wherein there are instances minors are able to play and gamble freely. Last is with mode of pyment, wherein I could say withdrawal & deposit are faster with cryptogambling sites. You could choose between the two category on where you would engage yourself with, depending on your convenience.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Slow death on July 22, 2023, 11:14:21 PM
it doesn't make much sense that people use credit cards to play in casinos, be it physical casino or online casino, I've read somewhere that many governments have criticized people who keep spending money from their credit cards with games of chance and the banks that allow this have already been the target of many criticisms from governments, because they no longer like their customers to do this type of thing, but what I keep asking myself is why you've been creating so many threads with this same subject being that it's very obvious for anyone the difference and advantage and disadvantage of fiduciary casinos with cryptocurrency casinos

It's a very wrong way that you found to publicize your casino, you could use other means that could be more efficient than the one you're using, but in the end you better than anyone know what you're doing, I just hope they don't look at you as someone who is spamming the forum, because without a doubt that it wouldn't be something good for you and your casino. By the way, I saw some members complaining about your site, saying they can't access it, in my case I didn't have any problems with accessing the site


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Don Pedro Dinero on July 23, 2023, 04:08:45 AM
Mode of payment, taxation, and accessibility are the three distinguishing factors which are obvious between traditional gambling platform and Cryptogambling platform. Taxes are the main thing I see as a pro for crypto gambling platforms; winning bigtime won't be taxed in an instant.

I would say that non-KYC was what made the crypto gambling industry more attractive from the beginning, which is becoming less and less common, but even people who send KYC documents to crypto casinos, as they usually have Curaçao licenses, can not declare the winnings in their country if they don't want to, as the tax authorities won't find out.

Being able to gamble without government control is its main attraction.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Silberman on July 23, 2023, 05:48:53 AM
Traditional Gambling Cons
Credit card companies may not allow you to fund your gambling account
Credit card companies are middle entities. They give you credit and then help you facilitate transactions. Because it’s the credit card company’s money, they have the right to dictate how you spend your money.
I do not see this as a con, if someone wants to gamble that is OK in my book but they need to do it with their own money, the moment they begin to borrow money in order to keep gambling then that is the moment things can get out of control, so a bank prohibiting its users from using the funds available on their credit cards is also OK in my book, as the lender should be able to choose in which cases they are willing to give a loan and when they prefer to not do so.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: maydna on July 23, 2023, 11:38:16 AM
Crypto and traditional gambling are distinctly different, and each has advantages and disadvantages. But we are here on a crypto forum and don't use fiat, so the pros and cons of the two are different. I don't know if Sportsbooks hate credit or debit cards because I never use them, let alone deposit money from my bank account. I only use crypto for gambling and nothing else.

But if the credit card company doesn't allow you to use a credit card to play gambling, you can use your bank account to deposit the money. But you have to be prepared if the bank asks about the status of your suspected transaction.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ralle14 on July 24, 2023, 01:12:48 AM
The second con of traditional gambling also applies to crypto gambling if you look hard enough you'll see some of them that would offer almost the same bonuses that have these high rollovers.

One of the crypto gambling cons specifically the "no fees" part isn't always true, only a handful of crypto casinos would let you withdraw for free and the rest would require you to pay at least a few dollars.

Use VPN to open it, it would work. I used IP address and I got the error but it worked with VPN. I am wondering why it is blocking IP addresses.
They mentioned it was for security when tried to ask a similar question to their support team.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: _act_ on July 24, 2023, 06:46:05 AM
But if the credit card company doesn't allow you to use a credit card to play gambling, you can use your bank account to deposit the money. But you have to be prepared if the bank asks about the status of your suspected transaction.
You can easily use bank transfer to transfer money to your gambling account, but those are local gambling sites. If it is foreign, it is possible that bank transfer may not be available. On the foreign gambling sites that I have used before, I used mastercard for deposit which is only the option, but wire transfer for withdraw which is the only option that people from my country have.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: internetional on July 24, 2023, 07:01:06 AM
Credit card companies hate sportsbooks.
Why do they?

I understand why traitional financial organizations could hate crypto currency services. (Cryptocurrency is their competitor.) So credit card providers sometimes don’t allow using their cards in the services like Binance. But what’s the issue between credit card providers and betting services?


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: makishart on July 24, 2023, 07:07:51 AM


Traditional Gambling Cons
Credit card companies may not allow you to fund your gambling account
Credit card companies are middle entities. They give you credit and then help you facilitate transactions. Because it’s the credit card company’s money, they have the right to dictate how you spend your money.

Credit card companies hate sportsbooks. Bottom line? They won’t allow you to fund your sportsbook account with their money. Also, funding with credit cards requires paying big fees, sometimes, over 10%.



Keep reading→ https://n2g.io/1f1f79d

It has been 14 years since the first crypto being created by the owner from this forum. It sounds no sense you compare the popularity of fiat to the crypto in the gambling companies. Slowly but surely people gonna have more interest in using crypto instead of fiat. It's also very easy to convert crypto to the fiat as well.

Who the fuck is stupid enough using credit card for gambling purpose? You forget that if you shall also pay interest from using your credit card. It's not only fees.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Davidvictorson on July 24, 2023, 07:18:11 AM
As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.

Traditional Gambling Pros
Familiarity
Online sports betting has been around for close to 30 years. We’re familiar with how traditional online sports betting works.

Most available sports betting options
Sportsbooks don’t allow betting on every available options. But they do allow most sports betting options.

Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

In my country, you can only use fiat for betting at a local sports book be it offline or online. There are no options for cryptocurrencies. No local sports book would even try have a crypto option as most young people who occupy their customer based either do not have cryptocurrencies or would rather hold their cryptocurrency that stake it. Only a hand few would be willing to take that risk.

As per your cons, we don't use credit cards over here only debit cards. And one can do debt-gambling expect the person is gambling with other people's money.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: maydna on July 24, 2023, 03:53:54 PM
But if the credit card company doesn't allow you to use a credit card to play gambling, you can use your bank account to deposit the money. But you have to be prepared if the bank asks about the status of your suspected transaction.
You can easily use bank transfer to transfer money to your gambling account, but those are local gambling sites. If it is foreign, it is possible that bank transfer may not be available. On the foreign gambling sites that I have used before, I used mastercard for deposit which is only the option, but wire transfer for withdraw which is the only option that people from my country have.
It might be better to gamble at local casinos so it will be easy for him to choose a payment provider. But what's scary about using a local bank is that when we get a big win and send it to our bank account, the bank can ask us where the money came from. And if our country doesn't allow gambling, it can get us in trouble because there are sure to be all kinds of questions that will be asked of us. That's why playing gambling using crypto is recommended to us because it can avoid various questions from the bank.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: rahmad2nd on July 24, 2023, 08:49:55 PM
As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.

~~

To be honest, I don't see any pros and cons of crypto and traditional gambling. in fact, if you know, the traditional definition has a broad meaning. we can even interpret it, the traditional type of gambling in the past that was played between players with other players. for me, it's all how you interpret it for yourself. So, I don't think there is a significant difference. why, because it depends on how I react to it and differentiate between crypto casinos and traditional casinos. simple isn't it, you don't even have to worry about the pros and cons.

Anyway, the point we're going to do is gamble. however, if, you prefer traditional gambling, you can do as you wish. and if on the contrary, you will benefit from all the conveniences available including the various features. the point is, just enjoy it if you really like this one hobby without the need to be affected by your pros and cons of these two types of gambling. in fact I would say, if gradually, crypto gambling will further develop by keeping up with increasingly sophisticated technological developments.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Frankolala on July 24, 2023, 09:12:01 PM
As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.

Traditional Gambling Pros
Familiarity
Online sports betting has been around for close to 30 years. We’re familiar with how traditional online sports betting works.

Most available sports betting options
Sportsbooks don’t allow betting on every available options. But they do allow most sports betting options.

Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

In my country, you can only use fiat for betting at a local sports book be it offline or online. There are no options for cryptocurrencies. No local sports book would even try have a crypto option as most young people who occupy their customer based either do not have cryptocurrencies or would rather hold their cryptocurrency that stake it. Only a hand few would be willing to take that risk.

As per your cons, we don't use credit cards over here only debit cards. And one can do debt-gambling expect the person is gambling with other people's money.
You are right in Nigeria one can do debit gambling, cryptocurrency isn't used to gamble in out locality instead we use fiat. Using your debit card to fund your gambling wallet is what the casinos prefer.

I don't even think that anyone in my country will love to gamble with their cryptocurrency because they see it more precious than fiat. But is you are gambling on an online casino that accept crypto and that is the only payment method then one wouldn't have any choice than to gamble with crypto because you need to entertain yourself. I do gamble in the forum with crypto.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: seleme on July 24, 2023, 09:31:21 PM
Crypto trading has more downsides for addicted gamblers, IMHO. There are many ways to find out alternative methods but addicted gamblers can deposit their whole crypto portfolio in one night to chase big wins, it is not a secret for us. Pro sides are there as well but I think cons are more than pros for addicted gamblers on online crypto platforms.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: letteredhub on July 24, 2023, 09:40:29 PM
As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.

The traditional gambling houses still has a base for those conservative gamblers that uses fiat to gamble finding it difficult to make use of the online crypto cansinos but what makes the online gambling casinos so renowned with lots of people trooping in is because of its convenience. From anywhere at all you can sit down and gambling without having to walk or drive miles to a traditional gambling casino where it's located. But AFAIK the pros and cons of the both are subjective to the choice of the gamblers why they choose to use online crypto or traditional fiat casinos.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: coin-investor on July 24, 2023, 10:00:27 PM
As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.




Its very clear the cons outweighs the pros that is why majority of gamblers are jumping to Online Crypto platform, gamblers wants control on how they spend their money on their gambling activity and they want a level of annonimity they feel they are more protected playing in Crypto casinos, and they also have wider choice of Crypto to use, they can save on fees plus the withdrawal is instant.

Many Fiat based online casinos are now adopting Crypto and they are now accepting it besides credit card for their old clients but new clients will always prefer Cryptocurrency, as the popularity of online casinos increased new players will always prefer to use Cryptocurrency.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: uneng on July 24, 2023, 10:31:03 PM
Crypto trading has more downsides for addicted gamblers, IMHO. There are many ways to find out alternative methods but addicted gamblers can deposit their whole crypto portfolio in one night to chase big wins, it is not a secret for us. Pro sides are there as well but I think cons are more than pros for addicted gamblers on online crypto platforms.
Then I think we could add online gambling in general. Besides crypto casinos, also the fiat virtual casinos. Technology brings accessibility, although it works on both ways, including the facility of losing funds, when the person is out of control playing impulsively. These cases are so serious that it may be necessary for the addicted gambler to stay away from the internet for a while, until he can make sure his addiction is under control, otherwise he won't resist the temptation of accessing one casino or another from the so many of the available options.

The relation between gambling addiction and virtual casinos are indeed much more harmful than between gambling addiction and physical casinos, because when that is the case, it's easier to control the gambler by taking him to an area where there are no casinos available. However, with the internet you can't do this, because it's everywhere!


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: dunfida on July 24, 2023, 10:54:49 PM
Crypto trading has more downsides for addicted gamblers, IMHO. There are many ways to find out alternative methods but addicted gamblers can deposit their whole crypto portfolio in one night to chase big wins, it is not a secret for us. Pro sides are there as well but I think cons are more than pros for addicted gamblers on online crypto platforms.
Then I think we could add online gambling in general. Besides crypto casinos, also the fiat virtual casinos. Technology brings accessibility, although it works on both ways, including the facility of losing funds, when the person is out of control playing impulsively. These cases are so serious that it may be necessary for the addicted gambler to stay away from the internet for a while, until he can make sure his addiction is under control, otherwise he won't resist the temptation of accessing one casino or another from the so many of the available options.

The relation between gambling addiction and virtual casinos are indeed much more harmful than between gambling addiction and physical casinos, because when that is the case, it's easier to control the gambler by taking him to an area where there are no casinos available. However, with the internet you can't do this, because it's everywhere!
There's a certain market audience on a specific field and instead on making up some comparison it would be better if its not because it is really that catering different field on different sets of gamblers because we know that

not all would really be sharing up on the same interest specially on playing gambling.In terms of features and offerings then their difference is significant and we arent that blind of it. It is really just its better to stick out
on which place you do see that it would really be that suiting out on your interest, we know that there are ones who are really that not preferring on sticking on a single place and would really be liking to have some upgrades at least. Most of the time, we do really value our identity or privacy and this is why lots of gamblers would really be looking that crypto gambling is great and something that should be considered.

Traditional gambling or crypto gambling, then it would really be still on your choice on what you should gonna choose basing up on your interest and preference in the end of the day.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: danherbias07 on July 24, 2023, 11:05:29 PM
Traditional gambling for me is the physical casino. The new gambling method is online gambling sites. Maybe because I have not experienced playing with the online betting site where they only accept online cash but I did see them before although I have not tried it because of the fear of losing my money.
I think that's one point of these gambling sites that accepts cryptocurrency, they also want to prove that even the secured coins which are cryptocurrencies can be used in their realm.
This means we will just have to know if they are a trustworthy company because we already knew our coins are secured and no interest rates need to be paid.
As of now, I am using Bitcoin as my means of betting and I like it better this way than using cash or stablecoins.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Josefjix on July 25, 2023, 01:11:51 AM
Traditional gambling for me is the physical casino. The new gambling method is online gambling sites. Maybe because I have not experienced playing with the online betting site where they only accept online cash but I did see them before although I have not tried it because of the fear of losing my money.
I think that's one point of these gambling sites that accepts cryptocurrency, they also want to prove that even the secured coins which are cryptocurrencies can be used in their realm.
This means we will just have to know if they are a trustworthy company because we already knew our coins are secured and no interest rates need to be paid.
As of now, I am using Bitcoin as my means of betting and I like it better this way than using cash or stablecoins.
Trusts is the main attribute to consider when dealing with the gambling system. We anticipate in convenient systems, probably the ones that favours our strategy and maps. They accept coins for gambling in the recently updated betting that I'm familiar with, and it's incredibly simple and accessible with just your mobile smart phones. I believed traditional gambling to be a sort of gambling that has never kept up with the newly updated area. Of sure, everything is improving for the better, and we should push the system to a new level. It will not be easy, but things always become evident when we deal with them directly


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ethereumhunter on July 25, 2023, 08:29:46 AM
Traditional gambling for me is the physical casino. The new gambling method is online gambling sites. Maybe because I have not experienced playing with the online betting site where they only accept online cash but I did see them before although I have not tried it because of the fear of losing my money.
I think that's one point of these gambling sites that accepts cryptocurrency, they also want to prove that even the secured coins which are cryptocurrencies can be used in their realm.
This means we will just have to know if they are a trustworthy company because we already knew our coins are secured and no interest rates need to be paid.
As of now, I am using Bitcoin as my means of betting and I like it better this way than using cash or stablecoins.
Trusts is the main attribute to consider when dealing with the gambling system. We anticipate in convenient systems, probably the ones that favours our strategy and maps. They accept coins for gambling in the recently updated betting that I'm familiar with, and it's incredibly simple and accessible with just your mobile smart phones. I believed traditional gambling to be a sort of gambling that has never kept up with the newly updated area. Of sure, everything is improving for the better, and we should push the system to a new level. It will not be easy, but things always become evident when we deal with them directly
Both traditional gambling and online gambling have their respective advantages and disadvantages. We cannot say that online gambling is superior or better than traditional gambling and vice versa because there are fans for each type of gambling. And crypto casinos nowadays also cannot be compared to fiat casinos because each has its fans. We only need to choose an online casino or a traditional casino for gambling and casinos that can provide comfort in playing gambling for us. But each online or offline casino will keep abreast of technological developments so that online and offline casinos will always update their systems to keep their casinos safe.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: 20kevin20 on July 25, 2023, 10:41:26 AM
I’ll chime in and add another pro to the crypto gambling list: you can stay addicted without having to risk money you own. Or, you used to be able to do it at least.

There was Freebitcoin and PrimeDice (my ole lovers lol) which allowed you to claim a faucet and gamble it. I won around 0.02 BTC a few years ago by gambling the PrimeDice faucet claim with a 0.01% win chance. Literally $0 investment except electricity and time and a now-worth ~$600 win for it! :D I don’t know of any fiat gambling sites/casinos that let you claim free money to gamble with.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: QueenVera on July 25, 2023, 11:21:52 AM
As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.

Traditional Gambling Pros
Familiarity
Online sports betting has been around for close to 30 years. We’re familiar with how traditional online sports betting works.

Most available sports betting options
Sportsbooks don’t allow betting on every available options. But they do allow most sports betting options.

Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

Traditional Gambling Cons
Credit card companies may not allow you to fund your gambling account
Credit card companies are middle entities. They give you credit and then help you facilitate transactions. Because it’s the credit card company’s money, they have the right to dictate how you spend your money.

Credit card companies hate sportsbooks. Bottom line? They won’t allow you to fund your sportsbook account with their money. Also, funding with credit cards requires paying big fees, sometimes, over 10%.



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The world has gone digital and the use of technology have enhanced various aspects of the human life including for those that gamble, so since cryptocurrency is the current evolution of money many gamblers would want to move the latest trend and move into crypto gambling, the online gambling with fiat currencies have also evolved and currently there are many crypto casino and betting sites, that accepts the use of cryptocurrency to stake and make predictions on games and it's been very beneficial because it's promotes fast transaction, safer and secured due to the introduction of blockchain technologies into crypto casino and so forth.
 However the cryptocurrency is not generally accepted globally yet and is not even a legal tender in many countries, so since it not been adapted by many societies alot of individuals still don't know about it also there are people living in rural areas especially third class countries that are not used to modern technologies that still prefers to go to the local casino and gambling shop to stake their bet.
 But however the Crypto gambling is more preferable and with time it would be wide known and adapted by everyone due to the vast spread of modern technologies and information world wide, the crypto gambling promotes saver and secured gambling system, offers use of divers Cryptocurrencies, promotes transparency, offers low service charges as well as fast banking transaction, compared to what the traditional gambling offers.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Oshosondy on July 26, 2023, 10:11:52 AM
I’ll chime in and add another pro to the crypto gambling list: you can stay addicted without having to risk money you own. Or, you used to be able to do it at least.

There was Freebitcoin and PrimeDice (my ole lovers lol) which allowed you to claim a faucet and gamble it. I won around 0.02 BTC a few years ago by gambling the PrimeDice faucet claim with a 0.01% win chance. Literally $0 investment except electricity and time and a now-worth ~$600 win for it! :D I don’t know of any fiat gambling sites/casinos that let you claim free money to gamble with.
If you want to claim money on Freebitco, it is just 0.00000007 BTC every hour. That is very small. Bitcoin price has decreased below $30000, but if I should use $30000 to calculate it, that is just $0.0021 dollar for an hour. That is a thousand times before you can earn $2.1. I prefer deposit bonus and other promotional offers that other gambling sites offer instead.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: SmartGold01 on July 26, 2023, 10:47:50 AM
This might differs from your country of residence unlike our country there are free access to fund with your card or possible make some direct transfer using our local currency to the gambling site without any delay it quickly reflects to your balance on the gambling site. The decision are being made by bettor to either fund their account or not there is no restrictions to funds one's account unlike the traditional gambling site where one often go with fiat and they sets some restriction on the whether it's your decision to gamble with such amount to avoid accusation and theft from the betting shops.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ryzaadit on July 26, 2023, 12:01:15 PM
Crypto is also betting in "USD". Most crypto-casino are using instantly convert the balance into (USD) after we deposit with the rate at the time you deposit, it's to avoid volatility crypto (that's why). Also now, most of casino already can support other fiat currency converted example like (Stake) they support many local currency you can using for the main balance betting.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Wiwo on July 26, 2023, 01:27:53 PM
I’ll chime in and add another pro to the crypto gambling list: you can stay addicted without having to risk money you own. Or, you used to be able to do it at least.

There was Freebitcoin and PrimeDice (my ole lovers lol) which allowed you to claim a faucet and gamble it. I won around 0.02 BTC a few years ago by gambling the PrimeDice faucet claim with a 0.01% win chance. Literally $0 investment except electricity and time and a now-worth ~$600 win for it! :D I don’t know of any fiat gambling sites/casinos that let you claim free money to gamble with.
If you want to claim money on Freebitco, it is just 0.00000007 BTC every hour. That is very small. Bitcoin price has decreased below $30000, but if I should use $30000 to calculate it, that is just $0.0021 dollar for an hour. That is a thousand times before you can earn $2.1. I prefer deposit bonus and other promotional offers that other gambling sites offer instead.
Deposits or welcome bonuses are far more preferable than faucet claiming on Freebitco or any other site that offers claims of free money hourly since the rewards are small and one has to waste a lot of time before being able to claim a tangible amount from the faucet.

But with the deposit bonus,  all that you need to do is to be able to wager to meet its requirements and if you are lucky enough,  you could win more rewards from trying to meet the bonus requirements so in the end,  it becomes a win-win situation for a smart gambler.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: goaldigger on July 26, 2023, 01:39:59 PM
Crypto is also betting in "USD". Most crypto-casino are using instantly convert the balance into (USD) after we deposit with the rate at the time you deposit, it's to avoid volatility crypto (that's why). Also now, most of casino already can support other fiat currency converted example like (Stake) they support many local currency you can using for the main balance betting.
Both casinos have to adopt or else they will be left behind, crypto casinos can't still operate without a fiat back up since many gamblers still prefer a more secured way to protect their money against volatility. Same thing with the fiat casinos since the trend is with crypto right now, if they will not adopt for sure gamblers will leave them and that can hurt their business. Both market have their own pros and cons, just choose what's best for you.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Aikidoka on July 26, 2023, 02:31:45 PM
Crypto trading has more downsides for addicted gamblers, IMHO. There are many ways to find out alternative methods but addicted gamblers can deposit their whole crypto portfolio in one night to chase big wins, it is not a secret for us. Pro sides are there as well but I think cons are more than pros for addicted gamblers on online crypto platforms.
I can confirm that, like one of my friends did something like depositing all his bitcoins into a gambling website and went all-in. Luckily, it was an easy bet so he won. However, I immediately asked him after to not to do that again as what if he had lost all his money on that small bet? The odds were 1.2, but even with those odds losing would have left him feeling depressed for a long time.

I believe people should think more wisely before engaging in such risky bets. Losing all your savings can lead to severe consequences.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: inthelongrun on July 26, 2023, 02:58:34 PM
This might differs from your country of residence unlike our country there are free access to fund with your card or possible make some direct transfer using our local currency to the gambling site without any delay it quickly reflects to your balance on the gambling site. The decision are being made by bettor to either fund their account or not there is no restrictions to funds one's account unlike the traditional gambling site where one often go with fiat and they sets some restriction on the whether it's your decision to gamble with such amount to avoid accusation and theft from the betting shops.

So it really differs from country to country. Although the last time I tried funding an online gambling account was more than 5 years ago, it was denied and I also inquired other banks but to no avail. I came from a very open country yet I doubt there is a change of stance from the bank's perspective. Thanks to casinos and sports betting sites that are now allowing cryptocurrencies to be used as regular currencies. Crypto betting sites are very friendly to me and my countrymen that bet regularly.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Razmirraz on July 26, 2023, 03:16:55 PM
Have you ever thought that the presence of Cryptocurrency has made it easier for anyone, wherever and whenever people want to use it. Cryptocurrencies can be accepted on gambling sites that make it easier for you to bet on the site you use, there is not the slightest complexity in fulfilling your desire to gamble. Traditional gambling is out of date, you can get all the conveniences on gambling sites like the Sportsbook without the slightest problem.

The most reasonable reason why credit card companies hate sportsbooks is because of business competition. Credit card companies don't want to take the risk of funding someone's account without any guarantee. With Cryptocurrency you can easily carry out activities including gambling, the popularity of traditional gambling will decrease and people will prefer something new that offers all the conveniences.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Oshosondy on July 26, 2023, 03:25:59 PM
Both casinos have to adopt or else they will be left behind, crypto casinos can't still operate without a fiat back up since many gamblers still prefer a more secured way to protect their money against volatility.
As long as people are using fiat, there will always be fiat casinos. As long as people are using crypto, there will always be crypto casinos. There is no one among the two (fiat and crypto gambling sites) that gamblers will leave behind since there are many fiat and crypto casinos that are providimg what gamblers want.

Same thing with the fiat casinos since the trend is with crypto right now, if they will not adopt for sure gamblers will leave them and that can hurt their business. Both market have their own pros and cons, just choose what's best for you.
The trend is in crypto, but there are still far more fiat gambling sites.

The most reasonable reason why credit card companies hate sportsbooks is because of business competition. Credit card companies don't want to take the risk of funding someone's account without any guarantee.
Who are the credit cards company competing with? Is it the gambling site? The more they work together, the better the gain for the credit card company. I do not see any competition between them.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ChiBitCTy on July 26, 2023, 06:10:51 PM
 When I first starting betting sports, I had a good buddy who I grew up with, having gone to both high school and college with, who decided to become a bookie.  So I used him to do my sports betting for a two-three years or so, then he stopped.  So for a while I wasn't placing any sports bets online as you really didn't have any options that weren't offshore casinos that would send shady looking checks from some tropical island bank.  Crytpo completely changed that game.  Now being able to deposit and withdraw via bitcoin, rather than waiting weeks or months to receive some shady looking check, now it's typically a 1-2 payout. 


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Cling18 on July 26, 2023, 06:53:16 PM
Both casinos have to adopt or else they will be left behind, crypto casinos can't still operate without a fiat back up since many gamblers still prefer a more secured way to protect their money against volatility.
As long as people are using fiat, there will always be fiat casinos. As long as people are using crypto, there will always be crypto casinos. There is no one among the two (fiat and crypto gambling sites) that gamblers will leave behind since there are many fiat and crypto casinos that are providimg what gamblers want.

Same thing with the fiat casinos since the trend is with crypto right now, if they will not adopt for sure gamblers will leave them and that can hurt their business. Both market have their own pros and cons, just choose what's best for you.
The trend is in crypto, but there are still far more fiat gambling sites.

The most reasonable reason why credit card companies hate sportsbooks is because of business competition. Credit card companies don't want to take the risk of funding someone's account without any guarantee.
Who are the credit cards company competing with? Is it the gambling site? The more they work together, the better the gain for the credit card company. I do not see any competition between them.

People have different preferences when it comes to gambling. Some of us prefer to use crypto because of the convenience and anonimity that we couldn't experience when using fiat while others prefer fiat because they're more comfortable using it.
When it comes to transactions and withdrawal, I think crypto is much easier to use since the transaction is instant and real time where there wouldn't be questions from banks. Payout is the usual problem when using fiat especially if we're doing a traditional gambling. However, if we're doing it for a long time, I don't think there would still be a problem especially if we know how to deal with the risks and the struggles of the deposit and withdrawal process.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: so98nn on July 26, 2023, 07:01:27 PM
I am not 100% sure but isn’t it is allowed to find your online gambling casinos with credit and debit card already? I mean this option is literally available on almost every popular gambling casino available out here on the forum. I am talking about most of the popular once. This makes me think Credit cards doesn’t need to ban the traditional gambling casinos too. It has got nothing to do with traditional or modern. There might be blacklist for this purpose depending on various factors. Crypto casinos definitely offer wide range of payments and with ever growing easy payment set ups this is another time we seeing ease of making payments. Things are now international and way easier.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: dezoel on July 27, 2023, 04:44:15 AM
Crypto is also betting in "USD". Most crypto-casino are using instantly convert the balance into (USD) after we deposit with the rate at the time you deposit, it's to avoid volatility crypto (that's why). Also now, most of casino already can support other fiat currency converted example like (Stake) they support many local currency you can using for the main balance betting.
Both casinos have to adopt or else they will be left behind, crypto casinos can't still operate without a fiat back up since many gamblers still prefer a more secured way to protect their money against volatility. Same thing with the fiat casinos since the trend is with crypto right now, if they will not adopt for sure gamblers will leave them and that can hurt their business. Both market have their own pros and cons, just choose what's best for you.
What do you mean by many gamblers wanting a more secure way to protect their money against volatility and that a crypto casino can't operate without a fiat backup? Why would a crypto casino need any fiat backup in the first place? They provide a lot of deposit options for their gamblers to choose from, and it's up to the gambler which coins they would like to use for their gambling activities, so I don't see how a casino will be responsible for any volatility happening in the market regarding that coin.

If you choose to use Bitcoin for gambling, and deposit and gamble with Bitcoin, and if the price of Bitcoin falls during your gambling, the casino is in no way responsible for whatever value your coin has dropped, they will give you the same amount of Bitcoin that you have in your account and that's it, it's totally on you since you are the one who chose to use Bitcoin instead of a stablecoin for gambling.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Silberman on July 27, 2023, 07:20:41 AM
This might differs from your country of residence unlike our country there are free access to fund with your card or possible make some direct transfer using our local currency to the gambling site without any delay it quickly reflects to your balance on the gambling site. The decision are being made by bettor to either fund their account or not there is no restrictions to funds one's account unlike the traditional gambling site where one often go with fiat and they sets some restriction on the whether it's your decision to gamble with such amount to avoid accusation and theft from the betting shops.

So it really differs from country to country. Although the last time I tried funding an online gambling account was more than 5 years ago, it was denied and I also inquired other banks but to no avail. I came from a very open country yet I doubt there is a change of stance from the bank's perspective. Thanks to casinos and sports betting sites that are now allowing cryptocurrencies to be used as regular currencies. Crypto betting sites are very friendly to me and my countrymen that bet regularly.
Since many local banks are owned by giant banks which have a presence in almost all countries of the world then I would suppose policies like not allowing a person to make a deposit to their gambling account using a credit card are pretty much everywhere, and to me it makes sense, if a bank allowed you to buy a TV on credit, at least there is a physical good which can repay part of the debt in which you incurred, while this is not true in the case you gamble and lose that money away.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ethereumhunter on July 27, 2023, 08:33:09 AM
I am not 100% sure but isn’t it is allowed to find your online gambling casinos with credit and debit card already? I mean this option is literally available on almost every popular gambling casino available out here on the forum. I am talking about most of the popular once. This makes me think Credit cards doesn’t need to ban the traditional gambling casinos too. It has got nothing to do with traditional or modern. There might be blacklist for this purpose depending on various factors. Crypto casinos definitely offer wide range of payments and with ever growing easy payment set ups this is another time we seeing ease of making payments. Things are now international and way easier.
If we look at the development of the gambling industry, today's young people might prefer casinos that can provide convenience rather than make themselves difficult. In this case, people will probably choose online casinos over traditional ones because they can deposit their money through many payment methods. Especially now that many crypto casinos also make it easy for them so that people can also use crypto casinos where they don't need to use credit and debit cards to avoid investigations from the bank regarding the use of money in their account.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Gozie51 on July 27, 2023, 09:05:07 AM

If you choose to use Bitcoin for gambling, and deposit and gamble with Bitcoin, and if the price of Bitcoin falls during your gambling, the casino is in no way responsible for whatever value your coin has dropped, they will give you the same amount of Bitcoin that you have in your account and that's it, it's totally on you since you are the one who chose to use Bitcoin instead of a stablecoin for gambling.

That is right the volatility of bitcoin or any other crypto is not the concern of casino. At payment, they will pay according to current rate of price of bitcoin and also when you are about to deposit to the casino, the same measure of current price rate is used. So it may favour the gambler or at his disadvantage it depends. Therefore it is the choice of the gambler to choose from the range of crypto coins available on the casino. To avoid all those volatility differences, it is better if the gambler play with stablecoin.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: piebeyb on July 27, 2023, 09:28:06 AM
I am not 100% sure but isn’t it is allowed to find your online gambling casinos with credit and debit card already? I mean this option is literally available on almost every popular gambling casino available out here on the forum. I am talking about most of the popular once. This makes me think Credit cards doesn’t need to ban the traditional gambling casinos too. It has got nothing to do with traditional or modern. There might be blacklist for this purpose depending on various factors. Crypto casinos definitely offer wide range of payments and with ever growing easy payment set ups this is another time we seeing ease of making payments. Things are now international and way easier.
If we look at the development of the gambling industry, today's young people might prefer casinos that can provide convenience rather than make themselves difficult. In this case, people will probably choose online casinos over traditional ones because they can deposit their money through many payment methods. Especially now that many crypto casinos also make it easy for them so that people can also use crypto casinos where they don't need to use credit and debit cards to avoid investigations from the bank regarding the use of money in their account.
Yes, you are right and that is what is currently developing because with today's technology all casino gambling can be accessed and used using cellphones, that is why I prefer to use crypto instead of using bank accounts or debit cards to avoid unnecessary questions from the bank conducting investigations on my account, using crypto is much easier than using a bank account.

Many of the traditional gambling casinos that I have seen are starting to be abandoned by their users, most of them are more fun using their cellphones to gamble anytime and anywhere, the easier it is to gamble, the more popular it will be because technology is developing quite at this time and young people also prefer to gamble using their cellphones.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: passwordnow on July 27, 2023, 09:41:08 AM
Since many local banks are owned by giant banks which have a presence in almost all countries of the world then I would suppose policies like not allowing a person to make a deposit to their gambling account using a credit card are pretty much everywhere, and to me it makes sense, if a bank allowed you to buy a TV on credit, at least there is a physical good which can repay part of the debt in which you incurred, while this is not true in the case you gamble and lose that money away.
My take on this is that, they're allowing to purchase digital products with the use of credit card. And that's why if a customer tries to use his CC to get his gambling account funded, they should allow it. But I do also understand that the banks don't want someone with a gambling behavior and activities spend money in credit because it might also affect their credit score and as well as their payment behavior. Sometimes, that's also understandable when they're trying to be strict with their policies since it is their money that's being spent or should I say, other depositor's money.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: tusandii on July 27, 2023, 10:11:22 AM
-snip-
If we look at the development of the gambling industry, today's young people might prefer casinos that can provide convenience rather than make themselves difficult. In this case, people will probably choose online casinos over traditional ones because they can deposit their money through many payment methods. Especially now that many crypto casinos also make it easy for them so that people can also use crypto casinos where they don't need to use credit and debit cards to avoid investigations from the bank regarding the use of money in their account.
From the development of crypto casinos, which are increasing very rapidly, we can see that people are very enthusiastic about crypto casinos, in fact, every day there are always novice gamblers who are starting to enter the crypto gambling industry.
Even so, traditional casinos are still widely enjoyed by some gamblers, but over time traditional casinos will be left behind and maybe traditional casino owners will also develop their casino business to become online and based on crypto.
If today's traditional casino owners don't try to develop online casinos, maybe they will lose their place and their income will definitely experience a pretty drastic decline.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Shinpako09 on July 27, 2023, 11:24:09 AM
This rather a topic which I recall has been discussed many times before, though I understand you want to promote your web and try to get some traffic. Next time you would like to start a topic it would be more constructive if you put a little bit more of effort on finding some talking topic interesting enough to prompt people to click on your links, etc.
what op did was like hitting two birds with one stone. Generating a thread while promoting his site

If we look at the development of the gambling industry, today's young people might prefer casinos that can provide convenience rather than make themselves difficult. In this case, people will probably choose online casinos over traditional ones because they can deposit their money through many payment methods. Especially now that many crypto casinos also make it easy for them so that people can also use crypto casinos where they don't need to use credit and debit cards to avoid investigations from the bank regarding the use of money in their account.
People nowadays prefer the convenient way, no matter what their age is as we are transitioning into the digital era. The only thing they need to worry about is the KYC if they want to play in reputable sites. But there are a lot of ways to get it done. I wouldn't be surprised if those big traditional casinos will also launch their online casino so they can go with the flow.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Eureka_07 on July 27, 2023, 04:09:25 PM
<snip>
What I like about traditional casinos is their ambiance, the physical place. It is much more enjoyable to play in such a location compared to online casinos where you don't have any of that, physically. On the other hand, what's great with online casinos is their convenience.

Credit card companies are concerned with casino and sportsbook transactions because it's their money that the credit card holder will use. As we know, the industry has lots of potential fraud, and it also sometimes leads players to become addicted, which could result in higher credit usage by the holder, wherein they might not be able to pay those debts on time.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Hispo on July 27, 2023, 04:33:12 PM
This rather a topic which I recall has been discussed many times before, though I understand you want to promote your web and try to get some traffic. Next time you would like to start a topic it would be more constructive if you put a little bit more of effort on finding some talking topic interesting enough to prompt people to click on your links, etc.
what op did was like hitting two birds with one stone. Generating a thread while promoting his site

If we look at the development of the gambling industry, today's young people might prefer casinos that can provide convenience rather than make themselves difficult. In this case, people will probably choose online casinos over traditional ones because they can deposit their money through many payment methods. Especially now that many crypto casinos also make it easy for them so that people can also use crypto casinos where they don't need to use credit and debit cards to avoid investigations from the bank regarding the use of money in their account.
People nowadays prefer the convenient way, no matter what their age is as we are transitioning into the digital era. The only thing they need to worry about is the KYC if they want to play in reputable sites. But there are a lot of ways to get it done. I wouldn't be surprised if those big traditional casinos will also launch their online casino so they can go with the flow.

I don't have any problem with people promoting their services or websites, obviously, as long as they offer some appealing information which catches the genuine interest of all of us.

I think some people would not agree if I decided to promote my website with such an spent topic like: "What is cryptocurrency" or "What is a crypto casino". Staff behind a project is supposed to be better than that or hide people capable of writing some interesting articles. Just my opinion.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: darewaller on July 27, 2023, 06:38:19 PM
Both traditional gambling and online gambling have their respective advantages and disadvantages. We cannot say that online gambling is superior or better than traditional gambling and vice versa because there are fans for each type of gambling. And crypto casinos nowadays also cannot be compared to fiat casinos because each has its fans. We only need to choose an online casino or a traditional casino for gambling and casinos that can provide comfort in playing gambling for us. But each online or offline casino will keep abreast of technological developments so that online and offline casinos will always update their systems to keep their casinos safe.
To compare is possible because each has their own pros and cons. I think the main advantage of offline casino is you can feel them properly because you can touch the machine. Another thing is there is a crowd around you.

For some, this is good while for the other, it is a disadvantage because they can't concentrate or they feel awkward when someone is behind them or in their side watching how they play the game. They can also get paranoid and think what if some of these people rob me later on? So, they just play in the comfort of their own home in a online casino. It's easy for an online casino to evolve but hard for an offline casino to do the same but again, there are still a market for them.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ethereumhunter on July 28, 2023, 08:35:34 AM
Yes, you are right and that is what is currently developing because with today's technology all casino gambling can be accessed and used using cellphones, that is why I prefer to use crypto instead of using bank accounts or debit cards to avoid unnecessary questions from the bank conducting investigations on my account, using crypto is much easier than using a bank account.

Many of the traditional gambling casinos that I have seen are starting to be abandoned by their users, most of them are more fun using their cellphones to gamble anytime and anywhere, the easier it is to gamble, the more popular it will be because technology is developing quite at this time and young people also prefer to gamble using their cellphones.
That is the convenience provided by online casinos so that both online and offline gamblers can feel the attractiveness of this online casino. They started trying to play gambling online and found something different from what they had found that made them more interested in trying to play other casino games.

What's more, there are a wider variety of games that gamblers can get if they play online gambling games. That's what makes them spend a long time playing online gambling. And that's where many problems started to arise in gambling that made people addicted to online gambling.

From the development of crypto casinos, which are increasing very rapidly, we can see that people are very enthusiastic about crypto casinos, in fact, every day there are always novice gamblers who are starting to enter the crypto gambling industry.
Even so, traditional casinos are still widely enjoyed by some gamblers, but over time traditional casinos will be left behind and maybe traditional casino owners will also develop their casino business to become online and based on crypto.
If today's traditional casino owners don't try to develop online casinos, maybe they will lose their place and their income will definitely experience a pretty drastic decline.
People's interest in trying out crypto casinos is growing as people find that they don't need to connect their bank accounts to start gambling. They just need to buy the coins they want to start gambling. And there's always a new experience for those who want to find a different casino game.

But indeed, traditional casinos are not abandoned by their fans because these people still want to feel the real experience when playing gambling. They may still visit traditional casinos with their friends, play gambling games together, and spend time at gambling tables. And traditional casino owners can still benefit from these gamblers.

People nowadays prefer the convenient way, no matter what their age is as we are transitioning into the digital era. The only thing they need to worry about is the KYC if they want to play in reputable sites. But there are a lot of ways to get it done. I wouldn't be surprised if those big traditional casinos will also launch their online casino so they can go with the flow.
KYC has started to be implemented in many casinos and crypto casinos. But I think many crypto casinos still don't strictly implement KYC so gamblers who just want to play gambling and spend their spare time gambling can still enjoy it without having to do KYC. But when they use big money and manage to win big wins, the casino can ask them to do KYC and that's what they don't want after they are done gambling and want to withdraw the money.

To compare is possible because each has their own pros and cons. I think the main advantage of offline casino is you can feel them properly because you can touch the machine. Another thing is there is a crowd around you.

For some, this is good while for the other, it is a disadvantage because they can't concentrate or they feel awkward when someone is behind them or in their side watching how they play the game. They can also get paranoid and think what if some of these people rob me later on? So, they just play in the comfort of their own home in a online casino. It's easy for an online casino to evolve but hard for an offline casino to do the same but again, there are still a market for them.
Playing at an offline casino can provide a real experience by feeling the machine, getting excitement and fun, and getting real experience when playing gambling. And it will be different if they play online gambling because they cannot touch the machine. But the winnings will also be the same even if they only see it on their cellphone screen or monitor, but they get the winnings in their account balance.

Well, choosing to play online or offline will depend on one's comfort side because when he is comfortable playing gambling at an offline casino, he will not care about the people beside him. He just wants to enjoy his time gambling and having fun.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: xSkylarx on July 28, 2023, 09:02:55 AM
What I really noticed in traditional casino or gambling is that the way you deposit money on it is sometimes difficult, like there are many platforms that you need to go through. There are still casinos that have used e-wallets with our local currency, but the problem is that most of those casinos that are using them that I am aware of are not legal; they mostly got closed down, and others won't release your winnings. That is mostly what I have noticed, and there are no established online casinos that I know of in our country that are using e-wallet. That is why I prefer crypto, as it is legal internationally and has been established already.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: pakhitheboss on July 28, 2023, 09:18:25 AM
What I really noticed in traditional casino or gambling is that the way you deposit money on it is sometimes difficult, like there are many platforms that you need to go through. There are still casinos that have used e-wallets with our local currency, but the problem is that most of those casinos that are using them that I am aware of are not legal; they mostly got closed down, and others won't release your winnings. That is mostly what I have noticed, and there are no established online casinos that I know of in our country that are using e-wallet. That is why I prefer crypto, as it is legal internationally and has been established already.

Yes, deposit and withdrawal in traditional casino is not that fast as crypto casino. You have to go through multiple payment processing interface in traditional casino. Payment can take days to hit your bank account. e-wallet are just waste of time, they to take the same time to refill. Only positive thing is that the gambler doesn't need to wait for his deposit if he regularly refills the wallet. There are lot of advantages of using crypto casinos than traditional ones.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: retreat on July 28, 2023, 09:31:29 AM
I think that compared to traditional gambling, crypto gambling is much better in every way, from convenience, anonymity, speed, easy deposits, staking features, etc, and the majority of people already admit that. So comparing traditional gambling with crypto gambling is not suitable, because indeed crypto gambling is an innovative form of gambling and I think in the future with increasing adoption of crypto globally, people's interest in gambling using crypto will also increase and traditional gambling inevitably will follow.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: slapper on July 28, 2023, 12:10:43 PM
What I really noticed in traditional casino or gambling is that the way you deposit money on it is sometimes difficult, like there are many platforms that you need to go through. There are still casinos that have used e-wallets with our local currency, but the problem is that most of those casinos that are using them that I am aware of are not legal; they mostly got closed down, and others won't release your winnings. That is mostly what I have noticed, and there are no established online casinos that I know of in our country that are using e-wallet. That is why I prefer crypto, as it is legal internationally and has been established already.
The frustrating hurdles one has jump through to make a deposit. It's almost as if they don't want us to spend our money on them... Strange, given how they make money

Although I like the ease that electronic wallets provide, I find it unfortunate that many of these sites are not honest. Convenience on one hand, and legitimacy on the other. You can't win in this scenario.

Your enthusiasm of crypto is natural given that it is widely used and easier to use. Let's be honest, though: crypto doesn't exist in a vacuum, and it certainly doesn't lack problems (volatile markets, regulatory ambiguity, security worries, etc.).


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Kemarit on July 28, 2023, 01:11:46 PM
What I really noticed in traditional casino or gambling is that the way you deposit money on it is sometimes difficult, like there are many platforms that you need to go through. There are still casinos that have used e-wallets with our local currency, but the problem is that most of those casinos that are using them that I am aware of are not legal; they mostly got closed down, and others won't release your winnings. That is mostly what I have noticed, and there are no established online casinos that I know of in our country that are using e-wallet. That is why I prefer crypto, as it is legal internationally and has been established already.

I will highlight this one as I have a bad experience when I have a good winnings and they don't what to released it right away. Although it took them more than a week to give my winning, they said that they will ban my account for at least a week because they suspect that I might be cheating. I said I don't cheat, as they can check my IP address and the history of my bets. It's just really unfortunate to hear that, if I deposit huge money there is no problem with them specially if I'm in a losing streak. Now that I got back and chase and recoup my losses in the last couple of weeks, they accused me of cheating and then ban for a week. So I said to myself that I won't be playing in that platform and I will be back in the regular crypto sports bookies that I used to bet and not used any e-wallets for now.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: rahmad2nd on July 28, 2023, 02:05:10 PM
~~
If we look at the development of the gambling industry, today's young people might prefer casinos that can provide convenience rather than make themselves difficult. In this case, people will probably choose online casinos over traditional ones because they can deposit their money through many payment methods. Especially now that many crypto casinos also make it easy for them so that people can also use crypto casinos where they don't need to use credit and debit cards to avoid investigations from the bank regarding the use of money in their account.

Basically, online casinos are not designed only for young people, even all ages play them. Regardless of gender, nowadays online casinos are more preferred than traditional casinos. Naturally, we are given convenience without having to travel to visit a casino. but that doesn't mean, we/they, don't like traditional casinos. Of course, there is something on offer that is different to both online casinos and traditional casinos. It's just that, for now, the online casino/crypto era is preferred by various groups.

As I said at the beginning, we are facilitated without having to travel. plus, can play anywhere when we want to play with it. referring to the theme of this thread, as I said before. in fact, the pros and cons depend on each gambling enthusiast. for me, everything has no problem, not even a pros and cons. which in essence, it all depends on our needs, both when playing at traditional casinos or when doing activities at online casinos. but once again in the current era that has changed, it is easier for us to do all activities on the internet, including gambling. we can even do it without anyone knowing, including those closest to us. Now, casino is more of a private entertainment game for me personally.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: coolcoinz on July 28, 2023, 02:29:15 PM
Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

I'd say that this is a completely irrelevant point. We're at a crypto forum, so everybody here is familiar with crypto payments and people will not call them difficult.
Sure, if you go to a random stranger and tell him that he could bet his local currency or try to do the same in crypto, and he's never heard of it, he'll choose fiat, but I don't think the goal of this thread is to talk about nocoiners and their beliefs.  
I'm a bitcoin user and I'm happy if someone gives me the option to pay with cryptocurrency. I'd call that one of the crypto gambling industry's advantages over the traditional industry.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ethereumhunter on July 29, 2023, 02:17:53 PM
Basically, online casinos are not designed only for young people, even all ages play them. Regardless of gender, nowadays online casinos are more preferred than traditional casinos. Naturally, we are given convenience without having to travel to visit a casino. but that doesn't mean, we/they, don't like traditional casinos. Of course, there is something on offer that is different to both online casinos and traditional casinos. It's just that, for now, the online casino/crypto era is preferred by various groups.

As I said at the beginning, we are facilitated without having to travel. plus, can play anywhere when we want to play with it. referring to the theme of this thread, as I said before. in fact, the pros and cons depend on each gambling enthusiast. for me, everything has no problem, not even a pros and cons. which in essence, it all depends on our needs, both when playing at traditional casinos or when doing activities at online casinos. but once again in the current era that has changed, it is easier for us to do all activities on the internet, including gambling. we can even do it without anyone knowing, including those closest to us. Now, casino is more of a private entertainment game for me personally.
That's because online casinos provide more convenience for people who want to play gambling. They don't need to go to the nearest casino or a certain city because they can access the casino from home and even use their personal devices. And it is true that everyone, men and women, young and old, can access online casinos with ease and even young children under age can also play in these online casinos.

And that raises pros and cons in society that an online casino that provides conveniences for its users can trigger problems for the younger generation because they can easily be influenced to participate in gambling. The pros and cons of gambling have been going on for a long time, and even when online casinos are increasingly popular, the pros and cons are also increasing. We can only follow the news and there is no need to interfere.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: fullhdpixel on July 29, 2023, 02:35:44 PM
From the development of crypto casinos, which are increasing very rapidly, we can see that people are very enthusiastic about crypto casinos, in fact, every day there are always novice gamblers who are starting to enter the crypto gambling industry.
Even so, traditional casinos are still widely enjoyed by some gamblers, but over time traditional casinos will be left behind and maybe traditional casino owners will also develop their casino business to become online and based on crypto.
If today's traditional casino owners don't try to develop online casinos, maybe they will lose their place and their income will definitely experience a pretty drastic decline.
It's only sad that along with the developments of the crypto casino, are the regulations that are being put in place. This makes crypto users slowly hate accessing them. Cryptos are still hard to understand so I don't think there are new people who will immediately try a crypto casino without having an adequate knowledge about crypto. Even me, it took me a long time to get involved in a crypto casino.

The internet is not a new thing anymore but why there are still traditional casinos? I guess that simply means they are still satisfied of the income that they are getting. There will always be a demand for them because they have their advantage which can't possibly be copied by the online/crypto casinos.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: qwertyup23 on July 29, 2023, 05:01:34 PM
Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

I'd say that this is a completely irrelevant point. We're at a crypto forum, so everybody here is familiar with crypto payments and people will not call them difficult.
Sure, if you go to a random stranger and tell him that he could bet his local currency or try to do the same in crypto, and he's never heard of it, he'll choose fiat, but I don't think the goal of this thread is to talk about nocoiners and their beliefs.  
I'm a bitcoin user and I'm happy if someone gives me the option to pay with cryptocurrency. I'd call that one of the crypto gambling industry's advantages over the traditional industry.

I think the person was just explaining one of the advantages of betting using the fiat of one's national currency, which is the convenience of using such.

In contrast, cryptocurrency gambling requires crypto as your main source of funds in order to gamble. This can serve as a challenge to some countries where they expressly prohibit cryptocurrency utilization. Though some may use VPNs and other systems to conceal their transactions, there is still that potential risk of getting caught and experiencing the consequences of such.

In conclusion, both crypto and fiat gambling have their respective pros and cons. It really boils down to the preference of the person on what kind of currency is available for them at their disposal.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Gozie51 on July 29, 2023, 05:33:53 PM

Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

Wagering with traditional currency like $ or any cryptocurrency is the same purpose and also of the same value if you want to compare them too.  To the aspect of the process for the wager, you follow the directions of fiat or cryptocurrency depending on the one you prefer, so nothing is different but only choice. Some people prefer to play with cryptocurrency and I believe it is easier if you know how to navigate through the staking process. Nothing is hard with those wagering process.



Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Silberman on July 30, 2023, 03:58:21 AM
Since many local banks are owned by giant banks which have a presence in almost all countries of the world then I would suppose policies like not allowing a person to make a deposit to their gambling account using a credit card are pretty much everywhere, and to me it makes sense, if a bank allowed you to buy a TV on credit, at least there is a physical good which can repay part of the debt in which you incurred, while this is not true in the case you gamble and lose that money away.
My take on this is that, they're allowing to purchase digital products with the use of credit card. And that's why if a customer tries to use his CC to get his gambling account funded, they should allow it. But I do also understand that the banks don't want someone with a gambling behavior and activities spend money in credit because it might also affect their credit score and as well as their payment behavior. Sometimes, that's also understandable when they're trying to be strict with their policies since it is their money that's being spent or should I say, other depositor's money.
You have a point, however banks are obviously on the business of making money by offering loans and they have decided against this practice when it comes to their CC, why is that the case? And I would suppose they have made a significant amount of research on the type of client that uses their credit cards to fund their gambling accounts, and they came to the conclusion that allowing such a thing will over the long run cause them to lose money and that is why they forbid it.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Comingdown on July 30, 2023, 11:20:09 AM

Both have its own pros and cons, but weighing these two, I prefer crypto gambling than traditional gambling. For simple reasons, lower transaction costs and fast transactions. You can even gamble on your bed and at your best comfort, so it's a less hassle. But for me, the drawbacks of crypto gambling is it's open for anyone. What I mean about this is that even minors are allowed to gamble, because as we all know it doesn't require your personal information to complete a transaction so it's very risky.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: maydna on July 30, 2023, 04:16:17 PM
Both have its own pros and cons, but weighing these two, I prefer crypto gambling than traditional gambling. For simple reasons, lower transaction costs and fast transactions. You can even gamble on your bed and at your best comfort, so it's a less hassle. But for me, the drawbacks of crypto gambling is it's open for anyone. What I mean about this is that even minors are allowed to gamble, because as we all know it doesn't require your personal information to complete a transaction so it's very risky.
Crypto casinos provide various conveniences and are different from traditional casinos, especially since we also gather in the biggest crypto forums. So we choose crypto casinos over traditional casinos, although some prefer traditional casinos or both. Perhaps that is the lack of crypto casinos, but it depends on the parent's upbringing towards their children. If parents can teach their children good things, their children will not try gambling before they grow up. There must be pros and cons between Crypto vs Traditional Gambling, but we do not have to think about that as we have our own choice.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: molsewid on July 30, 2023, 04:35:37 PM

Both have its own pros and cons, but weighing these two, I prefer crypto gambling than traditional gambling. For simple reasons, lower transaction costs and fast transactions. You can even gamble on your bed and at your best comfort, so it's a less hassle. But for me, the drawbacks of crypto gambling is it's open for anyone. What I mean about this is that even minors are allowed to gamble, because as we all know it doesn't require your personal information to complete a transaction so it's very risky.
Me too, for me as an introvert person and private person I don't want to be in a place where there are a lot of people and I am sensitive to the sound of some machines so I am more into crypto gambling nowadays, I can play whenever and wherever I wanted whether it is via mobile , tablet or laptop it is more convenient and yes it is more secure because no one will know you aside from the casino team if you do KYC.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Mr. Magkaisa on July 30, 2023, 04:38:35 PM
    -     In the post you made, you are showing the state of the pros and cons of a traditional casino, but do you know that crypto gambling is different from traditional gambling. Because obviously here in the field of the crypto space, more on cryptocurrency is used as compared to a casino.

In addition, what you can win here in crypto gambling is that if you want to hold it for a long time, you can still increase the amount of what you win in addition to what I mentioned before.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Lida93 on July 30, 2023, 04:45:40 PM
Both have its own pros and cons, but weighing these two, I prefer crypto gambling than traditional gambling. For simple reasons, lower transaction costs and fast transactions. You can even gamble on your bed and at your best comfort, so it's a less hassle. But for me, the drawbacks of crypto gambling is it's open for anyone. What I mean about this is that even minors are allowed to gamble, because as we all know it doesn't require your personal information to complete a transaction so it's very risky.
Crypto casinos provide various conveniences and are different from traditional casinos, especially since we also gather in the biggest crypto forums. So we choose crypto casinos over traditional casinos, although some prefer traditional casinos or both. Perhaps that is the lack of crypto casinos, but it depends on the parent's upbringing towards their children. If parents can teach their children good things, their children will not try gambling before they grow up. There must be pros and cons between Crypto vs Traditional Gambling, but we do not have to think about that as we have our own choice.
I make use of both crypto and traditional casinos. Crypto for convenience sake as stated by @comingdown and the other reason I also use the traditional casino is by going there I have to meet with old friends chitchat about a lot of things while gambling which is something different I don't get to do  with using online crypto casinos.

A lot of parents are to occupied with work work that they leave the upbringing of their children to nannies and nannies can't inculcate a better discipline I'm children as patents would. These children get loose that
with peer pressure  they want to involved into adult activities like gambling to prove a useless point to their peers that are already into it. And everyday we keep having increase number of underage in gambling and this is very bad. Parents need to wake up to their basic responsibility.



Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: maydna on July 31, 2023, 11:54:20 AM
~snip~
I make use of both crypto and traditional casinos. Crypto for convenience sake as stated by @comingdown and the other reason I also use the traditional casino is by going there I have to meet with old friends chitchat about a lot of things while gambling which is something different I don't get to do  with using online crypto casinos.

A lot of parents are to occupied with work work that they leave the upbringing of their children to nannies and nannies can't inculcate a better discipline I'm children as patents would. These children get loose that
with peer pressure  they want to involved into adult activities like gambling to prove a useless point to their peers that are already into it. And everyday we keep having increase number of underage in gambling and this is very bad. Parents need to wake up to their basic responsibility.
That means you are still using both traditional and online casinos, so you are still gambling in those two places. It also doesn't matter because you have found comfort in playing gambling, and maybe that's different from other people who only choose one of the two.

And it's true when you say that parents are busy with their work and leave the care of their children to the nanny. It's like giving freedom to their children to do things that may not be what their parents taught them. Their nannies also tend not to know what the children are doing because they only supervise and prepare for all the needs of the children. And even if the nanny reports to the parents, the children may forbid the nanny to tell the truth.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Westinhome on July 31, 2023, 01:12:58 PM
That means you are still using both traditional and online casinos, so you are still gambling in those two places. It also doesn't matter because you have found comfort in playing gambling, and maybe that's different from other people who only choose one of the two.

And it's true when you say that parents are busy with their work and leave the care of their children to the nanny. It's like giving freedom to their children to do things that may not be what their parents taught them. Their nannies also tend not to know what the children are doing because they only supervise and prepare for all the needs of the children. And even if the nanny reports to the parents, the children may forbid the nanny to tell the truth.

This shows the OP still using the both gambling for now.But for the current situation,online casino was the best one,mostly the crypto casino.Because we can easily do the deposit all the profit into the casino.But for normal gambling we need to do deposit using the card,some debit card won’t work in the website.But most of the trusted crypto can be converted in the exchange,So easy to send and withdraw the crypto to the exchange.Where you can easy convert the Cryptocurrency to fiat.

In most of the home,both of the parents are go to the work.Their is no wrong in this because two income will help the children to live in good environment.But children get distracted to gambling and drugs and spoiling their life from their parents hard earned money.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Slow death on August 01, 2023, 10:04:50 AM
The internet is not a new thing anymore but why there are still traditional casinos? I guess that simply means they are still satisfied of the income that they are getting. There will always be a demand for them because they have their advantage which can't possibly be copied by the online/crypto casinos.

Traditional casinos make it easy for people, for example, say an elderly person wants to play and has money in the bank, that person will create an account at the casino, he can go through kyc and then add funds to his casino account using his bank card and when withdrawing money, this person withdraws the money to his bank account, of course he will have to pay a fee to withdraw to the bank account and also has the embarrassment of sometimes taking up to 3 to 7 days for the money to enter the account from the bank. but even so it is still very useful for many people

In most of the home,both of the parents are go to the work.Their is no wrong in this because two income will help the children to live in good environment.But children get distracted to gambling and drugs and spoiling their life from their parents hard earned money.

even if the parents were both together, the children go to school, the children have friends outside the home, so it is not because both parents work that the control of the children is compromised, the central problem lies in the fact that many parents do not give attention to their children, they always use the argument that they are working, and when they are not working, they use the argument that they have many serious problems and that they need to focus on getting money to pay the bills, so the children have a lot of time to deviate from the good path. now it is necessary to note that it is not easy for a child to buy cryptocurrencies using a bank account and play

Both have its own pros and cons, but weighing these two, I prefer crypto gambling than traditional gambling. For simple reasons, lower transaction costs and fast transactions. You can even gamble on your bed and at your best comfort, so it's a less hassle. But for me, the drawbacks of crypto gambling is it's open for anyone. What I mean about this is that even minors are allowed to gamble, because as we all know it doesn't require your personal information to complete a transaction so it's very risky.

it's not that simple, for people who only earn cryptocurrencies with signature campaigns and have never bought cryptocurrencies using a bank account, they think it's very easy to have cryptocurrencies, but it's not easy at all, the person needs to go through many steps, kyc and highs fees that ends up being a headache and time consuming to have cryptocurrencies. a person who only has money in their bank account and wants to play in some crypto casino will have to buy crypto on exchanges where they ask for kyc and then charge high fees and only after that will that person have crypto to play with, so it is a time consuming process


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: maydna on August 01, 2023, 10:08:22 AM
~snip~
This shows the OP still using the both gambling for now.But for the current situation,online casino was the best one,mostly the crypto casino.Because we can easily do the deposit all the profit into the casino.But for normal gambling we need to do deposit using the card,some debit card won’t work in the website.But most of the trusted crypto can be converted in the exchange,So easy to send and withdraw the crypto to the exchange.Where you can easy convert the Cryptocurrency to fiat.

In most of the home,both of the parents are go to the work.Their is no wrong in this because two income will help the children to live in good environment.But children get distracted to gambling and drugs and spoiling their life from their parents hard earned money.
True, I would recommend him to play gambling at online casinos because of all the conveniences he has. But if he still wants to gamble in a traditional casino, that's also okay because we just suggest it, and everything will return to him.

Even though both parents work to earn more income, they also have to supervise their children so that their children don't do anything that could harm them. Perhaps, their children can be entrusted to other families because this might keep their children away from irresponsible caregivers. I'm not saying that having a nanny is not good, but if they want to have a nanny, they have to make sure that the nanny can really take good care of their children.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: iv4n on August 01, 2023, 10:32:07 AM
Traditional Gambling Cons
Credit card companies may not allow you to fund your gambling account
Credit card companies are middle entities. They give you credit and then help you facilitate transactions. Because it’s the credit card company’s money, they have the right to dictate how you spend your money.

Credit card companies hate sportsbooks. Bottom line? They won’t allow you to fund your sportsbook account with their money. Also, funding with credit cards requires paying big fees, sometimes, over 10%.

And we want to be free to do what we want to do with our money... with the lowest possible fees. I am not sure how it works now, but 10 years ago it was more tricky to set up a bank account for foreign currencies and than to find a casino that accepts deposits from Serbia and my bank. On the other side gambling with crypto is so simple and easy, I will never return to "traditional/fiat casinos".


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Webetcoins on August 01, 2023, 02:53:00 PM
Both have its own pros and cons, but weighing these two, I prefer crypto gambling than traditional gambling. For simple reasons, lower transaction costs and fast transactions. You can even gamble on your bed and at your best comfort, so it's a less hassle. But for me, the drawbacks of crypto gambling is it's open for anyone. What I mean about this is that even minors are allowed to gamble, because as we all know it doesn't require your personal information to complete a transaction so it's very risky.
I'm not sure what you are talking about because most of the casinos and gambling platforms these days require one to verify their identity either at the beginning or sometime later when they are depositing or trying to make a withdrawal, and if there is a minor behind an account, they simply can't verify the account, it's another thing if an elder person helps them in verifying the account and lets them gamble, but that is not the fault of the casino at all.

So I don't really think that it can be considered a disadvantage of the cryptocurrency gambling platforms, also, since we are talking about online gambling, I believe traditional gambling platforms also require a player to verify their identity before being able to access most of the features provided by them.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ralle14 on August 01, 2023, 03:42:56 PM
I'm not sure what you are talking about because most of the casinos and gambling platforms these days require one to verify their identity either at the beginning or sometime later when they are depositing or trying to make a withdrawal, and if there is a minor behind an account, they simply can't verify the account, it's another thing if an elder person helps them in verifying the account and lets them gamble, but that is not the fault of the casino at all.
This only applies to some crypto casinos, but still, many crypto casinos don't require any form of verification until you start to violate one of their rules. It could change in the future because they can update their terms and conditions, but we're still far from seeing most crypto casinos make KYC a requirement. Most of my accounts are still non-verified and gamblers can get away without going through KYC as long as they don't do something wrong and only use amounts within their threshold.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: cryptogeniusdice on August 01, 2023, 04:48:17 PM
onlinegambling is a scam. I used to trust stake.com , but now find out they are ripping their customers.
they are manipulating the bets against their internal odds. for eg if you place on 2 mines, on minesweeper in background the bets are placeed on 11 mines.

I started recording each and every session of stake.com and match the bet id with result and found discrepancy. like this they are cheating with all of you.


i have found that more than 150 bets which are missing from stake.com , when asked they stated that they have archived those bets as its not possible to store data of 100 billion bets. i asked them why only those bets were archived  nor the bet before that or nor the bet after that there was no question.

Accidentaly , when the first time i enquired support about the bet from the backend they started giving me the true result and when exposed they started me weired question, where did i get the bet id blah blah blah and all.


For instance betid : 167247337064
they have deleted the bet from the system. support and i found the bet in the bet archive was placed with 11 mines, but in realtity i have video recording that i played with 2 mines.

some of the screenshot are below.


support giving the  result according to bet archive.( i asked support for 1,000,000$) for this , coz they were not transferring me to their supervisor.anyways the concern should be provably fair and not my intentions.

https://i.postimg.cc/gxDKw6RY/44-F4-C13-A-B14-C-4606-9710-D8-EBDEC553-DA.png][url=https://postimg.cc/gxDKw6RY]https://i.postimg.cc/gxDKw6RY/44-F4-C13-A-B14-C-4606-9710-D8-EBDEC553-DA.png (http://[url=https://postimg.cc/gxDKw6RY) https://i.postimg.cc/G4rQhj47/741-FB44-F-EAF0-49-EC-9-EDF-DCEAF08034-BF.png (https://postimg.cc/G4rQhj47) https://i.postimg.cc/VrTgfQtn/B19-EA3-E0-C043-4967-B73-D-CA3-A9-FA182-F6.png (https://postimg.cc/VrTgfQtn) https://i.postimg.cc/bGw91NH1/C257-D5-CF-3-A1-E-4-DDA-A41-C-B837264-CC42-E.png (https://postimg.cc/bGw91NH1)

[/url]

and this is the og screenshot from my video dated 8th july.

https://i.postimg.cc/N9ztQMbD/4-C9-B98-B3-E2-F1-4380-83-C7-4-E1904-C0-C138.png][url=https://postimg.cc/N9ztQMbD]https://i.postimg.cc/N9ztQMbD/4-C9-B98-B3-E2-F1-4380-83-C7-4-E1904-C0-C138.png (http://[url=https://postimg.cc/N9ztQMbD) https://i.postimg.cc/nMXZ04cP/DAF67-B38-3332-449-D-B4-D8-1-FCABE231-AF3.png (https://postimg.cc/nMXZ04cP) [/url]

likewise i have more bets, which they have deleted from the system and the odds do not match in archive



Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Wakate on August 01, 2023, 06:15:06 PM
I'm not sure what you are talking about because most of the casinos and gambling platforms these days require one to verify their identity either at the beginning or sometime later when they are depositing or trying to make a withdrawal, and if there is a minor behind an account, they simply can't verify the account, it's another thing if an elder person helps them in verifying the account and lets them gamble, but that is not the fault of the casino at all.
This only applies to some crypto casinos, but still, many crypto casinos don't require any form of verification until you start to violate one of their rules. It could change in the future because they can update their terms and conditions, but we're still far from seeing most crypto casinos make KYC a requirement. Most of my accounts are still non-verified and gamblers can get away without going through KYC as long as they don't do something wrong and only use amounts within their threshold.
Many casinos keep updating there terms and conditions due to so many reasons. Things are changing everyday many of these casinos tend to update the rules to meet up with the latest trend and abide by government policies. As a gambler, we need to always check terms and conditions of the casinos we are using to bet so that we can get updated if I'm case we don't get regular updated in our mailbox from the team. This is very important to avoid unnecessary ignorance due to nit reading about the current terms of the casino.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: dezoel on August 02, 2023, 04:48:40 PM
I'm not sure what you are talking about because most of the casinos and gambling platforms these days require one to verify their identity either at the beginning or sometime later when they are depositing or trying to make a withdrawal, and if there is a minor behind an account, they simply can't verify the account, it's another thing if an elder person helps them in verifying the account and lets them gamble, but that is not the fault of the casino at all.
This only applies to some crypto casinos, but still, many crypto casinos don't require any form of verification until you start to violate one of their rules. It could change in the future because they can update their terms and conditions, but we're still far from seeing most crypto casinos make KYC a requirement. Most of my accounts are still non-verified and gamblers can get away without going through KYC as long as they don't do something wrong and only use amounts within their threshold.
Well, in that case, the parents will need to take care of their children and keep checking their devices so that they are not involved in gambling activities because if they get into gambling at such a small age, they will definitely get addicted to it when they grow up, and they might even do bad things only to get money so that they can gamble with it because they probably can't ask their parents for money if they are using it for gambling because if they lose it, they will be asked where they used the money.

And, as long as I know, most crypto casinos ask for KYC verification when you go for a withdrawal, especially if the amount is not as per your usual withdrawals because that makes them suspicious about your account and that makes them ask you to verify your identity before processing the withdrawal.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: masulum on August 02, 2023, 04:59:49 PM
And, as long as I know, most crypto casinos ask for KYC verification when you go for a withdrawal, especially if the amount is not as per your usual withdrawals because that makes them suspicious about your account and that makes them ask you to verify your identity before processing the withdrawal.

The majority of people who use cryptocurrency for gambling are careful about giving out their personal information, especially when they want to withdraw small amounts of money. That's why many crypto gambling websites only ask for basic details like an email address and phone number for verification and able to make a withdrawal. However, this simple process may be a cause for kids getting involved in gambling. In this situation, we can't just blame the gambling websites. Because their major customer will leaving their services is asked for more identity. It's essential for parents to play a significant role in making sure their kids don't participate in gambling activities. Parents need to be vigilant and take responsibility to keep their children away from such activities.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Silberman on August 03, 2023, 03:43:32 AM
I'm not sure what you are talking about because most of the casinos and gambling platforms these days require one to verify their identity either at the beginning or sometime later when they are depositing or trying to make a withdrawal, and if there is a minor behind an account, they simply can't verify the account, it's another thing if an elder person helps them in verifying the account and lets them gamble, but that is not the fault of the casino at all.

So I don't really think that it can be considered a disadvantage of the cryptocurrency gambling platforms, also, since we are talking about online gambling, I believe traditional gambling platforms also require a player to verify their identity before being able to access most of the features provided by them.
In theory a minor should have no way to gamble, or at least do so for long, due to the KYC policies that casinos have in place, however we cannot deny that with the advancement of the technology and the knowledge kids have these days about it they could devise many ways to still verify their accounts and gamble for as long as they want, and while this is a weakness of online casinos in general I do not think there are many minors out there gambling at such an early age and going that far to keep gambling.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Westinhome on August 06, 2023, 09:56:10 PM
In theory a minor should have no way to gamble, or at least do so for long, due to the KYC policies that casinos have in place, however we cannot deny that with the advancement of the technology and the knowledge kids have these days about it they could devise many ways to still verify their accounts and gamble for as long as they want, and while this is a weakness of online casinos in general I do not think there are many minors out there gambling at such an early age and going that far to keep gambling.

The minor should wait till they complete the age,In the mean time they can learn the cpyto currency.The gambling kyc can't be expected to complete easy,but in order to avoid of money laundering the central bank.The kids should learn using the old variation of strategy,then after the kyc they can start to earn more money easily from the gambling.So the online gambling can have an possibility of kids get into the online gambling using the fake KYC.Many people are ready to do fake KYC for poor money and it can be used by poor to get some money.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: kamvreto on August 06, 2023, 10:18:07 PM
In theory a minor should have no way to gamble, or at least do so for long, due to the KYC policies that casinos have in place, however we cannot deny that with the advancement of the technology and the knowledge kids have these days about it they could devise many ways to still verify their accounts and gamble for as long as they want, and while this is a weakness of online casinos in general I do not think there are many minors out there gambling at such an early age and going that far to keep gambling.

The minor should wait till they complete the age,In the mean time they can learn the cpyto currency.The gambling kyc can't be expected to complete easy,but in order to avoid of money laundering the central bank.The kids should learn using the old variation of strategy,then after the kyc they can start to earn more money easily from the gambling.So the online gambling can have an possibility of kids get into the online gambling using the fake KYC.Many people are ready to do fake KYC for poor money and it can be used by poor to get some money.

There are also many online gambling sites that do not care about KYC. They can be accessed by anyone and play very easily without any supervision from the authorities. It will not be easy to get money from the Casino even if you do KYC, it depends on how lucky you are when playing, so there is no guarantee. Online gambling is very varied and even beats traditional gambling. Gambling that combines with crypto is also currently popular because it is easy to make payments without a bank, without an account owner so it remains anonymous.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: stomachgrowls on August 06, 2023, 10:41:51 PM
In theory a minor should have no way to gamble, or at least do so for long, due to the KYC policies that casinos have in place, however we cannot deny that with the advancement of the technology and the knowledge kids have these days about it they could devise many ways to still verify their accounts and gamble for as long as they want, and while this is a weakness of online casinos in general I do not think there are many minors out there gambling at such an early age and going that far to keep gambling.

The minor should wait till they complete the age,In the mean time they can learn the cpyto currency.The gambling kyc can't be expected to complete easy,but in order to avoid of money laundering the central bank.The kids should learn using the old variation of strategy,then after the kyc they can start to earn more money easily from the gambling.So the online gambling can have an possibility of kids get into the online gambling using the fake KYC.Many people are ready to do fake KYC for poor money and it can be used by poor to get some money.

There are also many online gambling sites that do not care about KYC. They can be accessed by anyone and play very easily without any supervision from the authorities. It will not be easy to get money from the Casino even if you do KYC, it depends on how lucky you are when playing, so there is no guarantee. Online gambling is very varied and even beats traditional gambling. Gambling that combines with crypto is also currently popular because it is easy to make payments without a bank, without an account owner so it remains anonymous.
We do know their main differences on which we could really be able to point out on where people would be preferring according into their needs and what suits them.Now that we do have crypto gambling space on which we

could be able to play without needing up some KYC unlike on traditional fiat gambling sites but sooner or later which these crypto platforms would turn out to be that heavily centralized again knowing that regulation do becomes more strict and government cant really just let these things slip away on their radar. Somewhat due to the essence of cryptocurrencies then we do know on whats its advantage on which there are really places
on which they could really be able to continue to operate without compromising their identity or simply their privacy.

We do really know that there are people who would really be finding up much better alternative if it was really that available or something that they could really be able to deal or engage with.
We know that there are ones who do go in switch in between because they do normally sticking out something that they be comfortable or having that good user experience.
So this would vary on the choice.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Westinhome on August 27, 2023, 11:37:10 PM
The traditional gambling doesn't require any kyc before playing the game or to withdraw the funds.But many people using the hidden face behind the crypto gambling,he need to verify before withdrew the money from the crypto gambling sites.The winning from the traditional winning doesn't increase after some period of time.But the crypto gambling winnings will be keep increase based on the market by you keep for longer period.Many gamblers use this technique to add some dollars to their bank wallet after the using of cryptocurrency based gambling using their money.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: ethereumhunter on August 28, 2023, 09:47:06 AM
The traditional gambling doesn't require any kyc before playing the game or to withdraw the funds.But many people using the hidden face behind the crypto gambling,he need to verify before withdrew the money from the crypto gambling sites.The winning from the traditional winning doesn't increase after some period of time.But the crypto gambling winnings will be keep increase based on the market by you keep for longer period.
Maybe gamblers only show their identity before they enter a certain casino. If they fall into the category of people who are allowed to gamble, they will be welcomed into the casino. Moreover, if the person has visited the casino very often, they will not be asked to show their identity before they enter the casino.

Meanwhile, if people are playing at a crypto casino, let alone from home, they don't need to verify their account right away, especially if the user still wants to know more about the casino. But for now, casinos have started asking their users to do KYC because it is a regulation from the regulator run by the casino. And to make sure that the user is not connected by any illegal activity that could get the casino in trouble later.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: mirakal on August 28, 2023, 10:05:57 AM
I'm not sure what you are talking about because most of the casinos and gambling platforms these days require one to verify their identity either at the beginning or sometime later when they are depositing or trying to make a withdrawal, and if there is a minor behind an account, they simply can't verify the account, it's another thing if an elder person helps them in verifying the account and lets them gamble, but that is not the fault of the casino at all.
This only applies to some crypto casinos, but still, many crypto casinos don't require any form of verification until you start to violate one of their rules. It could change in the future because they can update their terms and conditions, but we're still far from seeing most crypto casinos make KYC a requirement. Most of my accounts are still non-verified and gamblers can get away without going through KYC as long as they don't do something wrong and only use amounts within their threshold.
You are right. Cryptocurrencies are not like fiat that is used as a legal tender so most of the crypto gambling casinos do not require KYC verification especially that they are known as decentralized casinos. However, we cannot expect for the same terms and conditions applied in the future. There might be changes probably especially if these decentralized casinos will no longer be decentralized anymore. When that happens, KYC will be a must that time regardless if you initiate small or big deposits or withdrawals.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Dunamisx on August 28, 2023, 10:12:51 AM
As crypto gambling’s popularity rises, traditional gambling’s popularity wanes. But before jumping into crypto gambling, it’s important to know the pros and cons of both. Below, we list three pros and three cons for traditional gambling and crypto gambling.

The two have advantages and disadvantages, it is left on us to select which is our most preferred option and how we enjoy gambling through such means, also we may say that the kind of environment we live in also can be a determinant to either of the decision we take because sometimes, we are left with no choice than embracing the available option we have left, if in the place we live, there are more of traditional physical gambling then we are likely to have them as our choice, for the developed regions, there could be an advantage of having varieties to decide which one to go for, we can choose online or the traditional gambling as our choice unlike when we are left without a choice to make.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Negotiation on August 28, 2023, 12:20:03 PM

Bets are in U.S. dollars or other fiat currency
It’s easy to bet in your nation’s currency. Traditional gambling allows us to wager in dollars if we’re a U.S. citizen or Canadian dollars if we’re Canadian.

Wagering with traditional currency like $ or any cryptocurrency is the same purpose and also of the same value if you want to compare them too.  To the aspect of the process for the wager, you follow the directions of fiat or cryptocurrency depending on the one you prefer, so nothing is different but only choice. Some people prefer to play with cryptocurrency and I believe it is easier if you know how to navigate through the staking process. Nothing is hard with those wagering process.


I agree fiat and crypto bet is not difficult if you have experience betting it usually depends on one's own skills. But playing the crypto game is easier than fiat but first you need to know the best place to play cryptocurrency casino games. The most trusted crypto casino sites usually offer plenty of games to increase your chances of winning. Crypto casinos offer fast secure and private payouts blockchain technology ensures that everything is transparent and secure. Cryptocurrencies like fiat are preferred because they are not regulated by a central authority.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Mr. Magkaisa on August 28, 2023, 12:50:32 PM
      -   They have the same risk, which is why it's a bit higher in gambling because those who enter there often lose compared to investing in cryptocurrency. Although there are other gambling platforms that have charity programs like here in our country, there is a lottery here that is a charity that can somehow help the citizens here.

Although in cryptocurrency, I also saw someone else who did a charity program project, but it didn't seem like it took long, and it looks like they just collected the fund and then it was gone, but I'm not sure. Because there is also the fact that when you have time for potential projects in cryptocurrency, you are also a winner.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: wheelz1200 on August 28, 2023, 08:28:39 PM
For me crypto opens up a whome new world of gambling options.  One the control over your ability to gamble or not.  Some banks will block gambling sites that doesn't happen with crypto.  Also it gives ypu the ability to gamble in a down market at a certain level of usd value with downward crypto price risk in that current price of yesterday's loss might be advantageous.  Likewise on your wins in an upward market.  It's just another level of gambling while gambling lol.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Westinhome on September 01, 2023, 11:07:52 PM
For me crypto opens up a whome new world of gambling options.  One the control over your ability to gamble or not.  Some banks will block gambling sites that doesn't happen with crypto.  Also it gives ypu the ability to gamble in a down market at a certain level of usd value with downward crypto price risk in that current price of yesterday's loss might be advantageous.  Likewise on your wins in an upward market.  It's just another level of gambling while gambling lol.

When the people had huge money he do two things,one is the drugs and second one is the gambling.Actually playing gambling is far better option compared to the getting involved to the drugs.Because by consuming huge drugs,the man will become an animal.If the site is based on crypto currency,then the gamblers will not do gambling at the time of the bear market.They only hold at the bear market,if they hold some usdt for the gambling.So it help hem to gamble at the bear market also.When your bank balance is high,the ability to gamble will be more as compared to the gamblers who do gamble with low amount of money in their bank.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: LUCKMCFLY on September 03, 2023, 02:55:07 AM
As for the pros, there are too many, in fact they are the ones that have given life to casinos and many internet businesses the most, in this order of ideas, we can say that thanks to crypto many casinos and business models of this style have It has propstered a lot, and this means that things with crypto and especially with Bitcon are huge, in person, I know many online casinos thanks to crypto technology, thanks to Bitcoin and I'm sure that just like me there are also many who do it, these types of things are what people normally have to do in order to have clarity on things.

The only thing I see against casinos is that they are very afraid of introducing privacy and anonymity coins, of course centralized casinos, because I don't see any casino that has Monero as a good option, I'm interested in keeping the coins top and one that is anonymous, for me it would be that a casino would be complete if they do it like this, the rest are more, and more casinos, of course we have to separate the oldest and most reliable casinos, which we all know here in the forum are many, but the most relevant as stake.com, bitcainso.io, duelbits, roobet, rollbit, some like Rollbit who have their own token project, who are breaking through, if they do things right they can be making a lot of money, but if and only if they put the token in a centralized exchange, because I think that all clients, Investors, players, know very well that if they are only in a Decentralized Exchange that will not have life , and this is the moment they have to do it because bitcoin is at a time when it can go up a lot, and let's remember that bitcon It was in a very relevant ATH , if it goes up it could be to more than $100k and this could be the best thing that ever happened, then in this order of ideas things can occur with a dark clarity so that you take note of what you should do, In addition to the fact that tokens are reinvented more and more, it would serve as an excellent safe haven option for Investors.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: maydna on September 03, 2023, 02:51:38 PM
For me crypto opens up a whome new world of gambling options.  One the control over your ability to gamble or not.  Some banks will block gambling sites that doesn't happen with crypto.  Also it gives ypu the ability to gamble in a down market at a certain level of usd value with downward crypto price risk in that current price of yesterday's loss might be advantageous.  Likewise on your wins in an upward market.  It's just another level of gambling while gambling lol.
And by using crypto, they can avoid being blocked by the bank, and they will find no evidence that they are gambling. Crypto can hide how you use your money in gambling so that no one monitors your crypto use except you. But this also impacts those who hold crypto because they feel free to gamble, so they can lose control while gambling. Perhaps there are still many differences between crypto casinos and traditional casinos that we don't know, but at least we already know the outline that differentiates the two. And I think people who are already gambling using crypto will continue to use crypto to gamble instead of using fiat to gamble.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Blitzboy on September 03, 2023, 07:51:40 PM
As for the pros, there are too many, in fact they are the ones that have given life to casinos and many internet businesses the most, in this order of ideas, we can say that thanks to crypto many casinos and business models of this style have It has propstered a lot, and this means that things with crypto and especially with Bitcon are huge, in person, I know many online casinos thanks to crypto technology, thanks to Bitcoin and I'm sure that just like me there are also many who do it, these types of things are what people normally have to do in order to have clarity on things.

The only thing I see against casinos is that they are very afraid of introducing privacy and anonymity coins, of course centralized casinos, because I don't see any casino that has Monero as a good option, I'm interested in keeping the coins top and one that is anonymous, for me it would be that a casino would be complete if they do it like this, the rest are more, and more casinos, of course we have to separate the oldest and most reliable casinos, which we all know here in the forum are many, but the most relevant as stake.com, bitcainso.io, duelbits, roobet, rollbit, some like Rollbit who have their own token project, who are breaking through, if they do things right they can be making a lot of money, but if and only if they put the token in a centralized exchange, because I think that all clients, Investors, players, know very well that if they are only in a Decentralized Exchange that will not have life , and this is the moment they have to do it because bitcoin is at a time when it can go up a lot, and let's remember that bitcon It was in a very relevant ATH , if it goes up it could be to more than $100k and this could be the best thing that ever happened, then in this order of ideas things can occur with a dark clarity so that you take note of what you should do, In addition to the fact that tokens are reinvented more and more, it would serve as an excellent safe haven option for Investors.

I agree; the advantages are numerous. Yet, the apprehension about integrating privacy coins like Monero is both significant and lamentable. You're spot-on: a casino incorporating anonymous coins would be more complete. In terms of investment, yes, the centralized exchange is essential for any token project to thrive, even more so when Bitcoin is at a potential inflection point. I'd add this: regulation-friendly cryptos could be the bridge that alleviates these casinos' fears of privacy coins. That could create a whole new tier of trust and anonymity, a paradigm shift if you will.


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: Slow death on September 05, 2023, 10:38:27 PM
As for the pros, there are too many, in fact they are the ones that have given life to casinos and many internet businesses the most, in this order of ideas, we can say that thanks to crypto many casinos and business models of this style have It has propstered a lot, and this means that things with crypto and especially with Bitcon are huge, in person, I know many online casinos thanks to crypto technology, thanks to Bitcoin and I'm sure that just like me there are also many who do it, these types of things are what people normally have to do in order to have clarity on things.

The only thing I see against casinos is that they are very afraid of introducing privacy and anonymity coins, of course centralized casinos, because I don't see any casino that has Monero as a good option, I'm interested in keeping the coins top and one that is anonymous, for me it would be that a casino would be complete if they do it like this, the rest are more, and more casinos, of course we have to separate the oldest and most reliable casinos, which we all know here in the forum are many, but the most relevant as stake.com, bitcainso.io, duelbits, roobet, rollbit, some like Rollbit who have their own token project, who are breaking through, if they do things right they can be making a lot of money, but if and only if they put the token in a centralized exchange, because I think that all clients, Investors, players, know very well that if they are only in a Decentralized Exchange that will not have life , and this is the moment they have to do it because bitcoin is at a time when it can go up a lot, and let's remember that bitcon It was in a very relevant ATH , if it goes up it could be to more than $100k and this could be the best thing that ever happened, then in this order of ideas things can occur with a dark clarity so that you take note of what you should do, In addition to the fact that tokens are reinvented more and more, it would serve as an excellent safe haven option for Investors.

I agree; the advantages are numerous. Yet, the apprehension about integrating privacy coins like Monero is both significant and lamentable. You're spot-on: a casino incorporating anonymous coins would be more complete. In terms of investment, yes, the centralized exchange is essential for any token project to thrive, even more so when Bitcoin is at a potential inflection point. I'd add this: regulation-friendly cryptos could be the bridge that alleviates these casinos' fears of privacy coins. That could create a whole new tier of trust and anonymity, a paradigm shift if you will.

from the day privacy coins were created they were already doomed to failure, this is because not all people mine cryptocurrencies, not all people participate in signature campaigns, not all people make hacks, many people want and buy cryptocurrencies using their debit cards, so governments, banks and exchanges monitor everything to make sure where these people are putting their money to avoid financing terrorism and money laundering, so privacy coins have become enemies of governments , banks and exchanges, so there was no other choice, exchanges had to withdraw privacy coins

and it was only a matter of a short time before the casinos followed suit. because casinos have licenses issued by a government and the same government that issued licenses to casinos follows rules to combat terrorism and money laundering that all other countries in the world follow, so casinos would also have problems if they were dealing with anonymity currencies . What's strange about all this is that people have always wanted to see mass adoption of cryptocurrencies, but they forgot that mass adoption would also come with mass interference from governments.

Today we have this mass adoption and mass government control, without mass adoption of cryptocurrencies this market would not grow and crypto casinos would not grow either and as a result crypto casinos would not have many customers and would not have many profits. So the wise choice was to move away from privacy coins, there are things that are very predictable but many people insist on not wanting to see more than the present, they don't look at the future, as I said at the beginning, privacy coins were already doomed to failure since the day of its creation


Title: Re: Pros and Cons of Crypto vs. Traditional Gambling
Post by: LUCKMCFLY on September 07, 2023, 10:19:54 PM
As for the pros, there are too many, in fact they are the ones that have given life to casinos and many internet businesses the most, in this order of ideas, we can say that thanks to crypto many casinos and business models of this style have It has propstered a lot, and this means that things with crypto and especially with Bitcon are huge, in person, I know many online casinos thanks to crypto technology, thanks to Bitcoin and I'm sure that just like me there are also many who do it, these types of things are what people normally have to do in order to have clarity on things.

The only thing I see against casinos is that they are very afraid of introducing privacy and anonymity coins, of course centralized casinos, because I don't see any casino that has Monero as a good option, I'm interested in keeping the coins top and one that is anonymous, for me it would be that a casino would be complete if they do it like this, the rest are more, and more casinos, of course we have to separate the oldest and most reliable casinos, which we all know here in the forum are many, but the most relevant as stake.com, bitcainso.io, duelbits, roobet, rollbit, some like Rollbit who have their own token project, who are breaking through, if they do things right they can be making a lot of money, but if and only if they put the token in a centralized exchange, because I think that all clients, Investors, players, know very well that if they are only in a Decentralized Exchange that will not have life , and this is the moment they have to do it because bitcoin is at a time when it can go up a lot, and let's remember that bitcon It was in a very relevant ATH , if it goes up it could be to more than $100k and this could be the best thing that ever happened, then in this order of ideas things can occur with a dark clarity so that you take note of what you should do, In addition to the fact that tokens are reinvented more and more, it would serve as an excellent safe haven option for Investors.

I agree; the advantages are numerous. Yet, the apprehension about integrating privacy coins like Monero is both significant and lamentable. You're spot-on: a casino incorporating anonymous coins would be more complete. In terms of investment, yes, the centralized exchange is essential for any token project to thrive, even more so when Bitcoin is at a potential inflection point. I'd add this: regulation-friendly cryptos could be the bridge that alleviates these casinos' fears of privacy coins. That could create a whole new tier of trust and anonymity, a paradigm shift if you will.

from the day privacy coins were created they were already doomed to failure, this is because not all people mine cryptocurrencies, not all people participate in signature campaigns, not all people make hacks, many people want and buy cryptocurrencies using their debit cards, so governments, banks and exchanges monitor everything to make sure where these people are putting their money to avoid financing terrorism and money laundering, so privacy coins have become enemies of governments , banks and exchanges, so there was no other choice, exchanges had to withdraw privacy coins

and it was only a matter of a short time before the casinos followed suit. because casinos have licenses issued by a government and the same government that issued licenses to casinos follows rules to combat terrorism and money laundering that all other countries in the world follow, so casinos would also have problems if they were dealing with anonymity currencies . What's strange about all this is that people have always wanted to see mass adoption of cryptocurrencies, but they forgot that mass adoption would also come with mass interference from governments.

Today we have this mass adoption and mass government control, without mass adoption of cryptocurrencies this market would not grow and crypto casinos would not grow either and as a result crypto casinos would not have many customers and would not have many profits. So the wise choice was to move away from privacy coins, there are things that are very predictable but many people insist on not wanting to see more than the present, they don't look at the future, as I said at the beginning, privacy coins were already doomed to failure since the day of its creation

Well, we have determined many things, I do not believe that privacy and anonymity coins are condemned, this is to generate many good things, the first thing is that Monero has not died, secondly, when people manage to determine the scope they have This type of coin, the big thing that they want to do, I'm sure they will ask to do transactions with these coins, because there will come a time when each of us will not have privacy, at the rate we are going, everyone will like that a government, bank, or third party know our data, and apart from that, they will not give importance to knowing everything about us, but of course, now there are many things in favor, those who will never surrender to the feet of the governments and those people will not give their arms to twist, then they will begin to demand their anonymity, so I think something, the casino that offers some type of privacy coin, be it currency or any other that exists, that has life, because it will be the option for them, although the casinos that are decentralized, the same Players prefer to pay more perso to be anonymous.

So I see things like this, in the not so distant future, people already know that they will be able to enter with VPN from any country in the world without problem, because all this that has generated the use of VPNs, many casinos already accept VPNs, So this will become a challenge for the other casinos, and the things that users and the best players will look for the most is that they will look for the casinos that offer them to play games by withdrawing and depositing with privacy coins, that is what the players will look for. , they will no longer seek to be allowed to play from prohibited countries, but they will seek to have the best degree of privacy, where they are more anonymous, that is what they will seek, and it is not that it is a fortune teller, you just have to see how The direction of things is going, so this is what the casinos must prepare for and not run out of users, because the time will come when the players do not want to be charged for playing, let alone a government.