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Thanks to the inception of smart contracts, we can now enjoy decentralized gambling in a provably fair way. I've used a few gambling dApps in the past, and the experience was great. Except now that dApps charge high gas fees (on ETH) due to increased network congestion. But with L2 scaling solutions and alternative chains, this should no longer be a problem.

Do you think decentralized gambling dApps will eventually replace their centralized counterparts? If not, why? Which do you prefer? Centralized or decentralized gambling? Your input would be greatly appreciated. Thanks. :)

Never, we do like decentralization but there are other things which centralized ones is far more better when it comes to the user experience that it gives compared into the counterpart. 8)

Yes, it does have that kind of advantage on which we do know that when it comes to fairness of bets which could be seen plus having that security of your funds since it is really that directly
made out those tx on your wallet but when it comes on how fast these actions to be executed are really that too sloppy in compared into those casinos that we do have today.
We do know that gamblers are really that impatient beings on which having those delays is never been that appealing into their taste.

This is why i do believe that Centralized would really be still that more in demand compared to Decentralized ones but i dont see anything wrong
if both things will really be on existence on which you do at least have the option for you to choose on.

Let's assume that gas fees and confirmation times are negligible. I'm still somewhere in between centralized and decentralized platform. The reason for this is because, with centralized platforms, you know what kind of service you will be getting unlike decentralized gambling platforms that comes with inherent smart contract risks. So it's a case of "The devil you know is better than angel you don't know".

The second reason is because decentralized gambling platforms still have a long way in terms of user experience. I wanted to play recently at a web3 gambling platform on zksync recently and they didn't have good games and most fixtures in sports section were not confirm and very few features. There are other shortcomings so I'd still stick with centralized platforms in the interim.

I prefer centralized gambling because from what I've seen decentralized contracts keep getting hacked over and over. If you check rekt.news it's just crazy.
Also there's other disadvantages. Decentralized transactions can get stuck, or suffer from very expensive fees like on ethereum for instance. So it's really counter intuitive to gamble on most platforms.

Also because of how centralized Web3 wallets are, it's easy to get hacked and not even notice it. Don't forget the Ledger web3 connector hack, that happen through just a github compromised account. It's crazy how weak the security of supposedly decentralized web3 infrastructure.

Personally, having decentralized gambling platforms and dApps become part of my guilty pleasures in life. Just knowing that there's no one who's really in charge of everything while having full-access to every great thing I loved about gambling and cryptocurrencies in general has put me in so much ease.

Centralized casinos like stake aren't so bad as well as some people make it out to be. Having some central governing body works well for a platform that dabbles with gambling and currencies since you can confide with these entities' customer support and assistance when shit hits the fan and you need help, something that you really can't find in a decentralized casino, at least last I checked. Not to mention the safety of the casino itself financially-speaking since most of these centralized casinos are more often than not backed up with millions upon millions of reserve assets for when they need to go liquid, again, something you can't really expect from a regular decentralized casino. However, in the grander scheme of things, decentralized casinos are more future-proof, safer, and more comfortable to use, and one great thing about them is that you don't need to knock on your casino's founder's doors to get your voice out and be heard, decentralized casinos are governed by the people for the people so features and perks you would want to see would have a great chance of being implemented provided that there are a great deal of people out there who wishes for the same thing.

They might drag to replace one another, but to me, they are both very important.

A centralized casino has the disadvantage of having privacy and funds frozen, and most times games are manipulated, but they still have some of the best options in terms of game selection, which might be difficult to encode in a decentralized casino.
 
Among all the dapp casinos I have come across, I don't think I have seen anyone with sportbook games enabled on them.
 
Decentralized casinos offer a bit of fairness; you don't have to worry about KYC accounts being frozen, but in terms of manipulation, I still believe any casino that wants to do that can also do it in the background.

Currently I use centralized gambling sites more often, perhaps just because of habit. One of the decentralized gambling sites is metawin, and metawin was my first experience using a decentralized web3 gambling site

I think in the future it will be more popular to use decentralized gambling sites because they are more anonymous and usually do not require KYC for small amount gambling. I will also probably switch to a gambling site that uses the web3 system and I will start with metawin. Of course there are advantages and disadvantages between centralized and decentralized gambling sites and now is the time for web3 gambling sites to start appearing, time will tell which is the best between the two.

When it comes to swiftness of bets then i could say that those standard casinos that we do have today is far superior i should say specially on some platforms which speed does matter when you do play dice or crash or whatever known casino games that we do have. When it comes to variety and types then we do actually have tons. Trying out to point out on how many decentralized casinos that we do have compared to centralized ones then you could really make out those differences in numbers on which it would really be reflecting out on which one does have the demand and which one does have less but i do agree into those points
above that having both things is better on which we do have the options for us to take.

Preference would really be just that depending on which one you would really be tending to deal or choose with. There are ones who are really that much preferring on having that
fast execution of bets rather than on having that total decentralization.

I have used decentralized casino Dapp several times and for that, I can say that I still prefer the centralized casinos that we have around and are used to at all times, and switching to the decentralized casino can only offer us one advantage which is just privacy but aside from that,  the decentralized gambling is a new tool that has not yet enjoyed high patronage from the gambling community a d that is due to its complexity and other factors that come along with the usage of Dapp.

So for sure many of us will still prefer the centralized gambling platforms vs decentralized ones per se just like many will choose centralized exchange as against decentralized exchange due to factors like low volumes and other features that are lacking in the decentralized service.

For some obvious reasons centralized gambling platform still remains the best for me despite it complications during kyc's I still find it enjoyable than decentralized gambling platform, most time due to wallet security issues it could be hard for many people to associate their wallet with although there are some web3 gambling site where one need to create account and generate address for deposit if the bettor doesn't have comfortability of associating his address. Most at times while gambling with the Centralized platform you have this freeness or Joy having a clear view of what you are doing and there is no much game restrictions unlike the decentralized platforms.

No. You can see how web3 wallets are common but decentralized web3 casinos are not common. Few come to this forum and few are existing and they are not common and successful as centralized casinos. I think people care more about reputation of a casino and nothing more than that, just like traditional casinos.

When I choose a casino I use only two criteria: the casino must be trustworthy and has a good reputation over the years and the casino must have a license and respect the annoying laws of governments, I'm talking about KYC. so as much as I hate kyc I still prefer to use the old reliable casinos that ask for kyc. Then I see if the casino has an option to deposit in bitcoin or litecon or usdt. Now talking about decentralized casinos, I personally have never used any decentralized casino, of the decentralized casinos that I could see here on this forum, in my opinion they did not inspire confidence in me, they were unlicensed casinos, with very strange casinos, with few football games, so I I looked at these decentralized casinos and wondered how long it would take for governments to seize them and be accused of operating without a license and money laundering.

Another constraint that I saw in the decentralized casinos that came on this forum was the fact that they did not have bitcoin or litecoin as deposit options, so I definitely will not use decentralized casinos, but in my opinion I cannot understand how they intend to be decentralized when in this market they are obliged to have a license and do kyc and this implies that there is an employee collecting data from people, be it documents or observing the origin of funds and probably in the future online casinos will be required to do more things from governments, maybe I'm wrong, but this idea decentralized casino may not have a good long-term future

So... In recent months we have really had a huge rise in decentralized sports betting sites, mainly, many of them were born from ICOs and made a lot of money from "investors", or rather... speculators.

Another niche that is growing a lot are games based on Telegram, a few months ago I was even surprised by the possibility of automation that is now possible by combining smart contracts and bots.

My opinion is that we are still a long way from having the same experience, accessibility and diversity of games that centralized casinos offer, but decentralized games are already a viable alternative and should gain more and more space.

They're still both requiring KYC so I don't really like to choose any of them, my pick would probably go to the one that's got more enjoyability and the experience in playing there isn't stressful despite the losses because of the bonuses. That's my pick and I either haven't seen this kind of casino before or I stick to one or two whichever I felt like playing that day. As much as the decentralized got the advantage of an improved provably fair games, I think that experience will always be a factor to me and maybe how easy it is to register/create an account on their website.

I have not had a proper experience of decentralized gambling, so I cannot really choose centralized gambling platforms over it as my preference. To have a preference one must have had a proper experience of gambling on both platforms.

I do not see decentralized gambling completely replacing centralized gambling, because there will always be people who love centralized gambling, but the thing is that an alternative form of gambling will exist. It will provide another gambling option.

I don't think decentralised casinos will replaced the centralised ones, not in the next couple of years at least. The gap is quite wide and I don't think many gamblers will opt for decentralised gaming but who knows, right?

These for me, are just few considerations on why most gamblers will stick to centralised gambling sites -
> most are licensed, and so the feeling that they are running legit will always be there, decentralised usually doesn't need to be licensed
> can easily reach their support, at least for centralised casinos that i know of
> familiarity of the payment method, a lot gamblers still don't know how to transact with eth and other chains
> hard to go out of their comfort zone

Though there are several advantages of decentralised gambling, such as you can play anonymously, lower fees, few to none when it comes to regulation protocols, no central authority, however, some will keep playing on centralised just like many people will stay with traditional banking method.

Indeed this could offer the potential for a better gambling experience than before, allowing every transaction and bet to be openly monitored. So this can minimize manipulation and fraud which can harm us as bettors. and while it is true that fuel costs are relatively high, and can be a limiting factor, this is natural because for the sake of change at least we have to spend a lot of money, alternative scaling and chain solutions promise increased efficiency and reduced costs in the future.

And personally as a user, I think the choice between centralized and decentralized gambling dApps will come down to personal preference. Because it relates to each individual's risk tolerance and priorities. Apart from that, this is also related to a person's comfort and safety when placing a bet.
In my opinion, it's like that, because maybe everyone has their own reasons and views regarding this matter, because different heads mean the content of their thoughts will be different too.

But I prefer centralized gambling platforms, because usually the services they offer are more reliable, safe, and licensed directly under the gaming authority. So it can provide safe and fair gambling services to players. However, that doesn't mean that I don't really like decentralized casinos, it's just that for long-term use I prefer playing at centralized casinos which have a safer system for the players.

That means no more bonuses too, right? I have not tried any decentralized online gambling sites/casinos yet so I have no idea about it.
If ever one comes out and makes the trend then I might try it. But right now, I am satisfied with centralized gambling sites because of their promos and other features that they offer.
I have not seen myself yet just switching that fast, but if I do enjoy it and their games are as broad as what centralized gambling sites offer then I'd probably use them more.
I do like privacy but it's not like 100 percent security unlike how it is with popular online casinos. Yes, they have KYC which I do believe is a con for those who don't like giving out their information but still, if they are reputable online casinos, I don't think they will just leak it out, and it is also for the business protection to avoid being shut down by the government they are under.

The same happens to me. I prefer fiat sites to play poker and, apart from the fact that there is better software and traffic on them, I don't see what advantage playing poker on a crypto decentralized site could give me. A decentralized system does not always have to be better. And I don't think that in this case it is any advantage to prevent collusion.

I always advocate for the use of decentralized services all the time they are available, but in this case, I prefer to keep it simple. I do not risk too much in gambling so I don't have as much investment in it to dedicate my time to figuring my way around. Good 'ol gambling platforms are fast and easy to use.

- Jay -

To me there is nothing better than an in person at home gambling game.  Growing up in college we would have texas hold'm tournaments almost daily and they were always so much fun.  I was never a fan of buy back poker, but it did make the night last longer. 

That said as long as it's fair, not cheating, it doesn't matter to me period.

Their is no way a gambler can like a decentralized gambling, due know why, a decentralized gambling always gives a effect whenever you have something for them, so a decentralized gambling is not really good for someone who want to gamble in order to make money, we have to concentrate very well on centralized instead, but me like both of them because I know that I'm not a money conscious person and I know how to follow instructions in any gambling websites, so we have to know our stand before you can choose whatever you fell that will happen, gambling is game and its a choice of determination

Decentralized gambling platform will not replace centralized gambling platform, that's because there are many problems that will be experienced, not only about gas, but also about transaction execution, did you know that every hand you play, you need a sign/validation of that transaction?

I've reviewed several decentralized gambling platforms on this forum, and they all make me bored, I'm looking for entertainment, not looking for transaction security. After all, we already have giants in this industry, just look at Rollbit & Stake, just imagine, can they be replaced with all the convenience they offer to their users? :D

Decentralized gambling offers transparency and fairness, while centralized platforms provide better user experience and lower costs. It's hard to say. While centralized still dominate the market due to their established reputation and accessibility, but with advancements in blockchain technology, decentralized may become more mainstream in the future. Both have their advantages to cater different needs of users. But all in all, the choice depends from person to person on which they prefer, their priorities and risk tolerance.

If I want to monitor everything and see where each transaction leads to while avoiding KYC, I'd choose to play on decentralized platforms. The thing is, most of them are not polished as of yet and a lot of improvements need to be made before they compete with centralized casinos.

If I want seamless experience and overall smoothness of everything, I'd go to centralized casinos and just play in there. The difference in user experience is too far between this two, and in the end it's just user preference. For me, I prefer comfort over skipping KYC or seeing everything that happens behind the scenes. If I'm not enjoying the gambling experience, rest assured I will not be back at that platform again.

Decentralized gambling dApps will only be capable of replacing their centralized counterparts if the majority of the people who use the later decides for some reason to switch. Decentralized gambling has so many advantages over the centralized counterparts like the no registration, no interference from regulatory bodies, no registration and many more yet centralized gambling are still preferred.

To answer the first part of the question, there are more centralized gambling apps than their decentralized counterparts. Secondly, irrespective of the numbers, I have seen more marketing ads and campaigns on centralized gambling ads than their decentralized counterparts. Last but not least, a lot of people are still trying to get the hang of crypto online casinos.

I still prefer the centralized gambling apps for now. I would switch when the "crowd" does.

Don't get me wrong, the idea of a casino running on blockchain technology is real neat.  but c'mon your average gambler just wants to play some slots or cards without jumping through a buncha hoops about crypto wallets and transaction fees and whatnot. Maybe Im just old fashioned.  I know the decentralization folks talk a big game about changing the world, but I just don't see myself switching over. And I'd bet my bottom dollar that these decentralized apps are gonna stay pretty niche compared to old school casinos for a good long while still.  But yeah, maybe I'm just an analog guy in a digital world.  Wouldn't be the first time.

When we think about the decentralised casino I think everyone like the decentralised casino because of the non verification system in the decentralise casinos most of the time they are non KYC. But if we look about the scam casino then we will find decentralized casinos in a large scale. On the others and we can't get the features what are in a centralised casino basically I think decentralise casino is good but if we want the best features then we have to look for what centralise casino.

The preference for centralized gambling platforms is mainly for safety where gambling is legal, because centralized casinos typically operate under established gaming authorities, which enforce strict regulations to ensure fair play and protect the interests of players. There are assurance of licensing and regulation can indeed provide peace of mind to players, knowing that they are participating in a gaming environment that prioritizes security and fairness.

Centralized platforms also tend to offer robust customer support services, responsive dispute resolution mechanisms, and transparent terms and conditions, further enhancing the overall player experience. Decentralized casinos offer unique advantages such as transparency and autonomy, but they may still face challenges in terms of regulatory compliance, security vulnerabilities, and user trust. The choice between centralized and decentralized gambling platforms is a matter of personal preference, with each offering its own set of benefits and drawbacks.

Decentralized casinos are cool for no-verification vibes but watch out for scams. Centralized ones pack more features but they're all about that ID check. It's a toss-up between privacy and fancy perks so your call on the gambling scene

For now, I believe I prefer to gamble in centralized casinos which have been able to accumulate a very good reputation through the years, they also have managed to accumulate a very good liquidity so there is no problem with withdrawals whatsoever. I am not completely closed to the idea of decentralized casinos or decentralized gambling platforms, but I believe there is still many things to do for those casinos run by smart contracts to become a very reliable alternative when compared to centralized or classic casinos. One of the main issues I have with decentralized casinos is how they could be vulnerable to hacks, in the same way Decentralized finance protocols have been vulnerable before, the same thing could happen to those casinos, hackers are always looking for mistakes or weak points in the code left behind by programers; when comes to big centralized casinos with enough liquidity, one can assume they have much of their budget dedicated to cyber security and even if some hacking happens, their volume of bets/gaming would allow them to refund their gamblers easily.

Some people could argue that decentralized casinos are better because one could see the code running the games, however, casinos like Stake already have ways to check the provably fairness of their games using our seed.
In the future, I expect to see some more appealing options to gamble in a decentralized way, until then I will stick close to what I already know and has worked for me.  :P

You can always verify the smart contract's code to determine if it's safe. That's assuming you have some level of technical knowledge (particularly in programming). If you don't, you'd need to make sure smart contracts were audited by a reputable security company before launch. I know decentralized gambling is far from perfect, but it's a good alternative for those living in countries where online gambling is illegal.

As far as I know, gambling dApps don't require KYC. However, you can get flagged or traced by the government within the Blockchain itself. That's because most blockchain networks with smart contract capabilities don't have built-in privacy features. I'm talking about Ethereum, BNB, Solana, and the likes. Maybe developers will solve this by making use of ZKPs (Zero Knowledge Proofs)? Until then, centralized gambling would be the preferred choice of many gamblers. Just my thoughts ;D

I believe that the decentralized market can bring more possibilities for games, etc. But nothing that centralization cannot also bring. The important thing is that it is healthy for everyone. But in my view, decentralization still has a long way to go to reach centralization.

The fact that a game is built with a smart contract is not enough to call a casino decentralized because the guys who generate that smart contract are the ones who create the rules of the game and the ones who will get profit in the long run. I don't see what doesn't have of decentralized. I mean the community can't change the house edge, that would be a good example of how a decentralized project works.

For me, all of them are centralized, but they use different technologies to operate, that's all.

I read about this the other day: after the Merge, now comes the Surge, the second phase in the new roadmap.

I've never tried decentralised gambling on Ethereum because of the fear to pay high fees. I tried a few DApps in other blockchain like ICX with very low fees and I think that achieving that in the Ethereum network can be a game changer. After the successful case of use to fund new projects (the ICO fever) we might see a second surge (never better said) with DApps, especially for gambling.

People always want someone to blame when there is a failure in the system and if they want support about the network, they wanna talk to someone about which centralized platform is their choice. 

There may still be support in the decentralized gambling platform but all they can tell is how the system works. I'm not sure if they could even give your money back if there ever was a loss due to the system failure. But I'm sure they could track the causes and will give you tips not to do it again.

But are the decentralized casinos more fair than the centralized ones?

I think the trend of Decentralizated using Blockchain will be the future trend. Not only the gambling sector, but every other financial and economic sector will also shift to this trend. We can see how the Defi trend has grown strongly in recent years, and it could replace banks in the future in certain aspects. I also really like participating in games or gambling on decentralizated platforms, especially on Ethereum's L2, which both ensures safety and security and has very cheap fees. Compared to centralized gambling services, it clearly has many outstanding advantages such as we can manage our own money, everything will be more transparent, and unnecessary intermediary costs will be eliminated.

It's like asking someone "What fruits do you prefer? Apples or Bananas?" or "What kind of girls do you prefer? Brunettes or blondes?" ;D
Why not both? I think that decentralized gambling is the future, mostly because the gamblers won't have to deal with KYC and all the sneaky casino tricks, that block them from withdrawing their profits(somebody might even call it "scams"). Centralized gambling is still way more convenient than decentralized gambling, but I'm sure that this will change soon. Several years ago, some people were thinking that ETH will beat BTC because of the low transaction fees and low confirmation time. I wonder what do they think about the Ethereum blockchain right now.

Even to date many people still prefer physical casinos. Decentralised casinos would attract its customers and get its market share. There will always be people who will be loyal to centralised casinos and will never use decentralised ones. Therefore, both of them will operate side by and none will replace any.

I have never gambled on a decentralised casino but it will be nice to try them. But I am concerned about how they are controlled. Almost all centralised casinos have to operate under a license which gives gamblers some level of confidence in the gambling firm. Sometimes these licences show to a large extent that these casinos can be called to order by the licensor if they derail from the provisions of the licence. I am wondering which agency guides the operation of these decentralised casinos. 

If a decentralized casino still needs to register and obey their local registration, and at any given time they can freeze somebody's account I'd think they are still a centralized casino. I second the opinion that using a smart contract doesn't necessarily mean you're a dex, especially if those smart contracts can be changed and the law of the game can be edited without any verification from an outside party. I guess this doesn't really apply if you're betting on football or any kind of sport that doesn't use math to decide which one wins the game. Other than that though, it is difficult to prove if something is fair which is the key to a decentralized casino IMO. Other than that, the ability to register or delete an account should be counted as factors that decide whether we can call it a decentralized one or not.

As for fees, I think it will likely solve itself with the existence of layer 2 and other scalability solutions on ETH or other chains. They can also improve how smart contract calculation works to reduce the fees and so on. It is a bit weird that fees are a major turn-off for most people, I guess they don't think the trade-off between privacy, security, and reliability is worth it right now. CMIIW.

There is smart contract risks available on the decentralized way of gambling and there is none on the centralized way of gambling, they are both good but centralised ones will always be peoples favourite, just send your bitcoin or Tron to a casino account and have some fun, viola.

I know about decentralized gambling platforms but I don't use them, been decentralised as a casino doesn't sit well with me, just because I don't see any reason why I will want to use them, it's like trying to cover something that's not needed to be covered.

I know that experience is the most important thing here, and if any casino or gambling platform can deliver this very neatly then nothing else matters, something as easy as centralized gambling platform just suits my need, no need for getting things more complicated.

Does anyone know any good decentralized casinos? I don't know. I only know a few and they don't have good UI/UX design and also they don't have good games, it's very boring to play on decentralized casinos because there are only dice and similar games and you miss the fun of slots, poker, live roulette, live blackjack and etc...
Centralized casinos, like Bitsler, Stake, Roobet, Duelbits and many more, offer you a very thrilling experience with very beautiful and elegant UI/UX design, with lots of features, tons of games and etc. It's very hard to beat centralized gambling these days.

Wait, wait...

What is a decentralized gambling? Are they not casinos that relies on cryptocurrency transactions instead of the old traditional way? Now how is this decentralized? Because almost all online casinos are accepting USDT, Tron, and many centralized crypto coins, the only decentralized one is Bitcoin, can we really say that they are true decentralized? I don't think so.

To me every online casinos are centralized, having crypto payment option doesn't make them decentralized, they are all regulated and that's why we use them, and been regulated means they have all legal papers in place, no government can go after them for illegal operation, this makes them 100% centralized.

If you are looking for a real decentralized casino, they will operate anonymous and illegally, as a casino you need to be registered, if not, it's been run illegally, it's not safe to have your money gambling on such places, this is not Bitcoin, Always remember that.

I don't prefer any, I mean if I can enjoy and take advantage of both centralized and decentralized gambling then why not? As gamblers we shouldn't distinguished any unless you are really that old school and prefer the traditional way and so doesn't want to play dApps as you are not that comfortable.

Might be good if you have a poll? So that we can gauge as what the players are looking into right now.

But in any case, again, I don't see anyone replacing, it's the same market after-all, and you have to think why they are a lot of gambling platforms today? it's because of the huge billion that they can take in and so there are plenty for everyone here.

For me, decentralized gambling is new... I didn't know it yet.

Can you share information about this? What platforms have you been using? The most "decentralized" I went to was Polymarket.

This issue of decentralized betting is very interesting and opens up a range of options for those looking for privacy.

Most people don't care with decentralization, similar to Bitcoin, all they care is the money.

The true decentralized casino won't give you any benefit, except you gamble using their native token because they can do anything they like if they have full control over the token.

In centralized casino, they can give many promotions e.g. rakeback, odds boost, bonus buy, welcome bonus, etc.

Of course, between centralized gambling and decentralized gambling, decentralized gambling is more acceptable.  Centralized gambling must have all the control systems with the third party where the user cannot do anything if he wants, on the other hand decentalized gambling must allow the user to participate in gambling using the Dapp at his own will.
However, if centralized gambling withdrawal and deposit fees are lower than decentralized gambling, then surely users will pay more attention to centralized gambling and want to use it.

It's a long shot and I don't think it will happen, based on how the gambling community adopted the centralized gambling more than the decentralized platform.

Some of the causes are :

 *These decentralized platforms are smart contract-based, and gamblers have second thoughts about connecting their wallets to a platform that is not audited by
    reputable smart contract auditors like Certik.

* Centralized platforms are more regulated and compliant and they have more games since the majority of gaming software caters to centralized exchange

* Because of the anonymous nature of decentralized platforms, it lack regulations that could exploited abused, and used by cyber criminals.

Personally, I have never found truly satisfactory projects in a decentralized environment. Very often I have seen a series of defects that are difficult to overcome (e.g. very high volatility, limited market depth, insufficient volumes)

Call me crazy or something else, the truth is why would anyone want to create a decentralized gambling platform anyway? It makes no sense to me because I will like to ask the person what they are hiding from, running a casino isn't a currency like Bitcoin, that decentralized idea isn't just adding up for me.

Even if any decentralized gambling platform exists, there is no need for me to use them, it's gambling, something everyone does, something the government are in full support with, something that it's also located offline and people do it from time to time, why the need for decentralization in this space?

I will be suspicious of any online gambling platform that are decentralized, they might be ruining some illegal things behind the scene, there is no need to go decentralized if all their existence is all about giving gamblers good services that they deserve, why decentralization?

Actually I don't really like decentralized gambling where I use a connected wallet to play there, place bets on each transaction via smart contracts and use decentralized gambling Dapps, I think it's still not safe even though it might be vulnerable to cheating but I'm worried about hacking happening in the end. This is not only a problem with high transaction fees on the ETH network, after all, anyone who provides decentralized gambling on the ETH network is wasting money on expensive fees because for a long time the ETH network has been the network that uses the most expensive transaction fees.

If asked why I like centralized gambling dapps because I'm honestly safer in centralized gambling even though maybe it's also not liked by some people because of KYC issues that make them feel uncomfortable but I feel comfortable, it all depends on each gambler's point of view, I can't speak in full view of my views on decentralized gambling which may be preferred by gamblers who want to maintain their privacy with KYC, I am not sure that decentralized gambling will replace centralized gambling because as we see today people prefer to use centralized gambling dapps than decentralized ones . we can't ignore that either.

There is nothing called decentralization when a group of people or people handle the platform. Maybe you could say this just for the payment methods. But I don't think anyone believes that they do not have room to cheat in a game. Every casino can cheat their players if they want. It depends on the owner and their motives. If they want to build a solid reputation, they will act fairly.

But if they want to scam players, they can do it anyway. Sometimes, players are able to catch scammy casinos, but most of the time, we are not able to catch their cheating. So, no, they have a long way to go.

This should be my first time of reading about decentralized gambling. I know something like that is possible but it has not really made so much sense to me if I begin to picture the various gambling options that is exist in centralized platforms. In a decentralized gambling platform, could it be that gamblers will be playing against one another just like we have in P2P trading? Will there be brokers and bookies that will play a part? The whole things is not just clear to e yet. Perhaps the recent Telegram casinos that are popping up every now and then are using similar technology. I will need more information or resources that will help me learn about this kind of gambling and platforms that offer them.

I only played once on a decentralized platform and the experience is not worth comparing when you're playing on a centralized platform, The majority of these decentralized platforms use tokens and you have to do a bridge before you can play, there's also not much game to choose from, centralized platforms has a good chance to stay longer than the decentralized gambling platform because there's a possibility that criminals might use decentralized platforms for money laundering and other illegal activities.

Centralize platforms are doing great, and I can not think of one big and compelling reason why gamblers will migrate to decentralized gambling platforms and ditch centralized platforms.

Nope.

Gamblers are used to the centralized type of gambling and that's why whether there have been a lot of innovation and interesting things comes from the decentralized casinos, they're not going to thrive and replace the centralized casinos.

Centralized.

I've tested a few before of decentralized but they're totally different. I think if you go back a few years ago, there have been attempts to penetrate into the gambling industry with decentralized projects but they weren't successful.

One thing that Decentralized Gambling will be good for is that there will be no hassle of kyc. on the other hand, there will be no problem in creating an account. But there are disadvantages as well as advantages because gambling is an attractive thing so scammers keep a close eye on it. so if we connect the wallet to a scam site through Dapp then there is a possibility of hacking our entire wallet. so to be safe in this regard we can use Centralis gambling site as opening an account will not be too much of a hassle for us. that's why i feel comfortable using the Centralize gambling site

This is cannot be achievable, not these people that use the crypto, if this techniques way of using smart contract in decentralized way were up earlier, it would have been possible but now, I don't think so. Look at exchange for example, we have been using the centralized exchanges for many years now and the experience has never been palatable especially the hacks and but with the introduction of Defi, decentralized exchanges were improved by design, protocol and concept but how many people use them as compare to decentralized exchanges today?

There is another thing I noticed with gamblers, loyalty lies in their line of gambling. If a gambler has used a casino for many times and he enjoys the winning and experienced little loss, they don't move to another casino even if there is an interesting thing going on over there, the fact that centralized casino loos simple and easy will not encourage people to go look for a platform that will use gas fee to execute their bets but the gamblers that want to verified their games and winnings will still use Dex gambling platforms.

You raise some good points but these could be addressed.  Cricket a new wallet by depositing a small amount of funds in it and gambling. However, one thing is that most of the gamblers now gamble on smartphones and using DApp through smartphones is a lot of trouble, so in this case, using a centralized platform can be beneficial. i love both platforms and will use each one at the same time so I want gambling sites to come to market on web3 technology.

If your question is between centralized or decentralized gambling, it is certain that more people will choose decentralization because it is based on openness.
In contrast to neutralization, it will definitely be regulated by the authorities or those who have complete control over the world of gambling.
But the problem is that few gambling players understand DeFi.

When decentralized gambling sites were introduced, we thought it would change the landscape of the gambling industry, but unfortunately, it didn't happen. Although there are already a lot of decentralized casinos now, they are not as popular as the centralized casinos, so in this battle, the centralized casinos win. The use of crypto in casinos now is more on the payment system only, and the promise of anonymous gambling is slowly fading since if a casino acquires a license, it will always have to comply with the regulators, which users must submit for KYC.

It is a question of friction and for as long as the decentralized gambling apps charge high fees and have no check and quick on- and off-ramp solutions, I think centralized versions will keep dominating.

Think about the need for L2 scaling solutions and how far we have come until now. It is not impressive what has been done so far. Barely anyone is using L2 solutions because they are still too cumbersome to set up. L2 solutions benefit from network effects the same way that BTC itself benefits from network effects. If not many people are using it, the growth of available L2 network solutions will be slowed down tremendously or fully stagnating.

In general, decentralized gambling is amazing although it is important to have a closer look at the oracle solutions that settles the bets. If you are talking about casino games where the RNG can be looked into and verified, then it is less of a problem. But when it comes to sports betting or any kind of betting where data needs to be fed into the smart contract in order to correctly settle the bet, oracles are needed.

Alternative chains could be a solution but that again means friction. If someone mostly uses BTC, but has to switch over to ETH or TRX, there is again friction involved.

Some smart contracts are built this way. The developer can decide if he/she wants the profit to be transferred to his/her address, or remain on the contract itself (to pay for gas fees, etc). Decentralized gambling could have a future if governments start cracking down on centralized gambling sites (particularly those dealing with cryptocurrencies).

Gamblers will ultimately decide which kind of casino or gambling site is best for them. As long as gambling is done in a fair & responsible way, nothing else matters. :)

Decentralized is what I prefer to avoid big taxes and also, gambling is not totally allowed in my country which quite creates a barrier or limitation for gamblers to bet. But I do still play with centralized gambling sites in some games which are not available with web 3.0
No guarantee that more people would do so. Of course if it is within this forum, there would be a larger number of people to choose decentralized gambling sites over the other option simply because we are 'aligned' with understanding in this technology. However, there would still be gamblers outside this forum to choose centralized platforms simply because for them it is more secured and more trustworthy given that those platforms are often registered. Same thing goes with the medium or mode of transactions. We may have different preferences, but bottomline is many people are into gambling activities. It could either be good or bad depending on the gambler him/herself, when it comes on how loss or profit will be taken accountability of.

We should not call it decentralized but web3. Web3 has been used several times to defraud people that connects to a fake websites. That will make us see more fake gambling sites that clone a legit one just to deceive some people to connect to their site so that they can wipe their victims money and steal it. I prefer centralized gambling sites. People on this forum prefer centralized gambling sites as long as it is reputable.

It's true, gamblers out there who think they are still unfamiliar with the world of crypto or WEB3 will choose centralized gambling.
However, it could be that a few years later, when the world of technology continues to develop and from WEB 2 has started to shift to WEB3, you will definitely prefer decentralized gambling.
and because it is changing times, like it or not, casinos also have to keep up with the times and move there too to retain their gamblers.

That's normal, the pros and cons will definitely still be there. never mind centralized or decentralized casinos.
Before many people knew about Bitcoin like this, many people avoided it because at that time Bitcoin was used by hackers to ask for ransom. and only used on the darkweb.
However, gradually, Bitcoin is becoming increasingly known and has even become a future investment instrument.

I don't think it needs to be centralized in the sense that only the house wins. But it can be decentralized where it provides bets and has a low fixed rate and the events are paid according to the bettors themselves (without the house changing these odds). I think this would be an important step, as they would win not only in the number of people betting, but in the number of events as well.

But with L2 scaling solutions and alternative chains, this should no longer be a problem. with layer 2 like Matic is totally fine since they are using their native token as a gas fee. But today L2 scaling let say Linea, Zk Sync and other like Arbitrum still occur a high fee in my opinion I recently claims a token for daily login in some airdrop the fee still at the rate 0.5-1$ I know that some people consider this as cheap than the regular L1 like ETH that can cost up to 10-15$ but if we accumulate that it could be a huge.

I still prefer Centralized Gambling with bunch of option of coin that decentralied with a huge fee

Based on the current situation, it doesn't seem like it's even close on replacing. Centralized casinos still dominate the gambling industry, not that people are not support DEX but they still prefer the traditional casinos as it's still simplier to use. If Decenralized casinos were to succeed, it has already dominated the crypto gambling space but it has not perform as expected, so we are not seeing our expectation now, I don't expect to see it in the future.

I would rather prefer decentralized gambling but not the green, immature tech version of it. There are also a lot of pitfalls that you have to watch out for, for example connecting your wallet to a scammer's fake service. But once the tech develops more, I think I would prefer it to a centralized platform that holds my money hostage. But to each his/her own. Some people claim that they would rather choose convenience and the illusion of security over decentralized freedom.  ::)

The true decentralized casino offers you to gamble without need to access a centralized platform, but you can gamble by installing their casino and run it in your device. If you're need to access a centralized platform even though you can gamble without register an account, it's just a different way to gamble, not necessary decentralized.

Since both web 3.0 casino and centralized casino are same, it's not really different, but it seems centralized casino is safer because web 3.0 casino is full of scam.

I remember that a few years ago people thought that they could fight against governments, they thought that governments did not cause fear and that therefore they could create financial services without worrying about things like licenses, kyc and money laundering. With this thought, many exchanges, mixers, icos, defi and crypto casinos emerged. but governments started to show their great terrifying power by learning the mixers and their creators and the dark web guys and to show the terrifying power that governments have, and that the courts when they judge these mixer owners, they impose prison sentences heavy, with few charges such as money laundering, operating an unlicensed website and then putting many years in prison without rights to freedoms so soon, they look like terrorists being tried

And the problem doesn't end there, as these are crimes committed on the internet, soon other countries will also introduce high prison sentences, so the person will be sentenced to prison in many countries, so the person will die in prison. This means that someone who wants to operate a casino must follow the laws, get a license, do KYC so that in the future they don't see their casino being seized by the government and the owner being arrested and left in prison until his death. Honestly, in my opinion, I advise all casino owners to respect the laws and not create anything that could lead to imprisonment, because it's not worth defying governments. and a fight in which the person loses

So for those who have been saying about decentralized casinos could replaced centralized ones. I would like to know about some list of names about those decentralized ones?
For sure only a few people do know about their existence since this market is really that been dominated by centralized casinos on which i do agree into those points above that
that when it comes to user interface and overall playability then i could say that centralized platforms are really that good looking and something you could
really be able to say that user experience is really that whole different on which i could say that its not that hassle.

There is this recent one I review last year November, the casino is still in Beta mode and not fully functional and what I saw in the casino is entirely different from the regular casino. If there is something unique that I love about the casino then it should be fairness through data feed from Chainlink, the casino can't cheat you and the house edge is usually small but it is not not light in operation like the regular casino and many games that we have in normal casinos are not there.

I'm addiction, the casino isn't patronized like the regular casino because they don't give bonus like centralized casino. To do the bonus thing, they have to freely create a smart contract with loaded wallet which is going to be another excess money for marketing but the centralized casino used numbers in their database and when gamblers play, they only worry to pay them from hot wallet if they win and with the condition attached, most often they lose these rewards. Centralized casino might not be the best but not as complicated as decentralized casinos.

The realm of online gambling has witnessed a fascinating evolution, with centralized platforms like traditional online casinos dominating the landscape for years. These platforms offer user-friendly interfaces, fast transaction speeds, and a familiar experience for players. However, concerns regarding fairness, transparency, and control over funds have persisted.

Enter decentralized gambling, powered by blockchain technology. This innovative approach promises enhanced transparency through verifiable randomness and public ledgers, increased security with self-custody of funds, and greater control for players. But decentralization comes with its own set of challenges, namely slower transaction speeds, potential for user error leading to irreversible consequences, and the evolving regulatory landscape surrounding blockchain technology.

There is trust involved in gambling to which platform. In a decentralized casino, the users are still up to trust the casino. Fair and responsible aren't enough for gamblers since they wanna know who is behind the casinos whether it's dex or cex.

They will still suspect whether the owner of the decentralized casino will scam them, although they are not depositing coins but we all have seen people connecting their wallets to a platform and their tokens are sent out.

That's the idea. To be able to gamble online regardless of government regulations and/or restrictions. Decentralized casinos don't require KYC, and are usually governed/managed by the rules embedded within smart contracts. A few of them don't collect profits for the creator of the contract (making them fair). I sure hope we get to see more decentralized gambling dApps that would make gamblers' lives easier. Particularly those living in restrictive countries such as China and Russia.

With the future set to be dominated by AI, the Blockchain, and Quantum Computing, I wouldn't be surprised if decentralized gambling replace (or becomes comparable to) their centralized counterparts in the long run. Just my thoughts ;D

There's always that particular risks that we would really be able to face on on which it would really be normal that we would really be having those doubts and hesitance on the time that
people would really be connecting out their wallets on a decentralized platform then this do still impose such risks if they dont know on the things that they doing and dealing with it.
We do know or been wary about those hacked wallets or funds on connecting it out into some random platforms. So far i havent seen one that involves a gambling site
but i dont see about for myself on touching up these places.

I do still prefer Centralized gambling although KYC could really be that a possible thing to be asked but it wont really be that an issue if you do really
havent done something stupid then there should be no problems. When it comes to threshold then you wont really be having no issues as well in regarding to this.

Exactly, I think that centralized casinos will still reign for a long time because it is much more fun physically to be there. However, online is not left behind, as it brings ease and anywhere. So DEX needs a lot to be able to stand out from this.

I think most of these scaling solutions failed to address how to reduce the size of smart contract interactions, which is why even though the base fee is low, any interaction costs a lot of money. Another reason is simply because the demand is too high and most people are fine paying that much fee for them. If a platform can package an interaction without incurring any fee and then take the fee when the user finishes their activity, maybe we will see cheaper fees on platforms like DEXs, decentralized lending platforms, etc. The fact that new products go live once in a while, and while it is not yet mainstream, shows that the demand will likely stay as long as privacy-conscious people exist.

Looking at the current situation, it won't happen or it might be happen, but not in our generation.

Take a look with Bitcoin, we already have the side chains and Layer 2, but until now not many people use it, even though they keep complaining the on-chain fees is expensive. Using side chains and Layer 2 will make them able to send and receive Bitcoin without need to worry about the fee, so they can hold their coins in non custodial wallet instead of centralized exchange.

Same to Web3.0 casino, people already skeptic to connect their wallets to the sites directly, so they stick to centralized casino instead.

         -     I have never experienced gambling with a decentralized gambling casino in the crypto space. Because I often play gambling so far, there is a KYC because there is no problem for me when I give a KYC because the casino that I play at often is also reputable.

I'm not sure if I've ever played on the Dex gambling platform, but what I know is that it's often in regulated casinos here in the crypto space, but I don't think there's anything wrong with gambling on the Dex gambling platform.

I also have KYC at several central casinos, and there are no problems whatsoever to this day, also some accounts are very unfortunate if they are abandoned because they have reached a certain VIP level on each account I created, of course starting from scratch at Dex casino will make it difficult for me to reach the VIP level again and that's one of the things that makes me lazy to register at another casino.

Also even though I have to use my identity to register but my security is much more guaranteed, it's just that the identity problem may be questionable security, and at DEX casino is on the service and security of the casino, whether it can be trusted or not, whether it is fair or not, maybe I need some surveys from many people to see that.

Sometimes people complain about privacy issues on gambling sites that implement a KYC system or can be said to be centralized gambling sites, they don't want to provide KYC of their identity just because of privacy issues but they are also sometimes afraid to play on decentralized gambling sites because they are worried about losing money or at any time something happens. hacking of smart contracts or other issues so they can't file any case against that site because it's rare for them to have the reputation of a decentralized gambling site.

I usually just try playing decentralized gambling just to try it out, but in my opinion it's a bit boring if you have to make transactions using a smart contract to play, it's not like playing gambling on a centralized gambling site where I make a deposit then play and if I win I withdraw the money without having to process it. transactions from smart contracts which may often be used by decentralized gambling sites, are not a problem with centralized and decentralized gambling because everything comes back to the trust of each gambler. All risks return to the user.

just like you, i also didn't find any problems when using centralized casinos that enforce kyc on their users. the service they offer is also secure and i rarely encounter serious problems related to privacy and the games i play. so because of this good experience, i don't think i want to switch to using a decentralized casino, but i wouldn't mind if i was offered to play at a decentralized casino, but just to try.

I dont really see any reasons for centralized platforms or businesses that would really cease to exist due to technology.There would really be more that having that integration and have  those changes to
make user experience even more better.There would really be those gamblers who would really be sticking into something fast and instantaneous rather than on making some bets and waiting up for some blockchain hash
results before you would really be able to see whether your bet is a win or lose and we do know that gamblers are really that impatient then it would really be just that normal that they would really be sticking into something which is really that instant. This is why i dont really believe that centralized platforms would cease to exist.

My preference? It would really be on centralized because when it comes to design then it is really that a far cry into those decentralized platforms on which i have seen.
When it comes on connecting your own wallet, then im not really that confident when it comes on connecting my wallet into a certain site.

Gamblers is now more confident with casino license than decentralized games since common gambler still doesn’t understand how smart contracts works and how to verify probably fair games.

Besides most of the cool games from 3rd party providers is from centralized casino. So unless decentralized games can match how cool the games on centralized casino, I doubt gamblers will choose decentralized over centralized casino. Most of the games on decentralized casino is more on common simple games. I’m not sure what’s the current game version they offer but I doubt they can match centralized games.

Centralized gambling platforms are likely to still reign over because in any crypto servce the general public has always prioritized convenience and what they are already familiar with. Alternative means has always been more of a niche to people.

Not to mention the huge game library centralized platforms offer which from a player standpoint is quite tempting. Personally, it's hard to distance with the providers I'm used to and they only work with licensed centralized casinos.

When it come to thigns like gambling I would always chose centralized platforms, cause I've had a better experience with them than decentralized platforms, apart from  the hack issues recently going on with decentralized gambling platforms, other things like high withdrawal fees, transactions getting stuck and more scalability issues, I'll just stick my tail with the centralized platforms.

That is the main issue with decentralized gambling, and even though they implement scaling solutions, gamblers will still have to pay extra fees anyway, when compared to centralized casinos where you pay fees only when depositing and withdrawing your money from the platform. I believe decentralized gambling is never going to replace the centralized platforms, just like the usage of Bitcoin and crypto in general is heavily influenced and dependent on centralized exchanges and investments funds in general. Only a minority seek for total decentralization, while majority will seek for accessibility and easiness, even if it comes with a bitter price to be paid.

I still prefer to casino than decentralized gambling dApps. I don't have a problems if the casinos asked me to do KYC before I can playing gambling or asked that when I want to withdraw the money. But before I choose the casino, I will read their TOS to know what their rules. I don't playing gambling at the decentralized gambling from a long time ago because I already saw the gas fees becomes higher and I can't pay that gas fees. But maybe there are decentralized gambling that doesn't use just ETH or use coins that have a cheap fees.

Well, there is no option for us but to do the KYC on the centralized casino. However, doing KYC even in a reputable casino can be risky too because we are not sure how securely the casino will keep out KYC documents. Any hack or mismanagement of these critical documents can expose our private information to the bad guys. So if there was an option of NO KYC, i would have opted for it but right now we have to do the KYC if we want to play at reputed casinos.


The gambling DEX platforms are unknown to me as well and if there exists any, they are not so popular. Some casinos claim themselves to be Web 3.0 but they are not in reality.
I don't know if there is any significant progress in shifting from centralized casinos to non-centralized ones. The gambling industry seems to be giving no priority to the decentralized casinos.

When you said alternative chain, do you know that it's going to be extra task for the casino if they want to implement different blockchains. By demand, low fees chain include Tron, Matic or polygon, Binance smart chain bsc, and if they want to add Lightening Network, it's going to require extra work. This might bring some transparency in gambling but it will yield small customers as it's not everyone that will be ready to pay these fees, some people pledge cent in wager to win good amount, it will be like a burden to them.

I also think that decentralized gambling platforms are going to be slow for games like blackjack and slot, you have to execute a transaction in real time before you wager that money unlike where it is done in database with centralized casino. If there is a way that it will be smooth and easy, we will have plenty of them by now but even in this forum, 90% of gambling platforms here are all centralized.

Decentralization shouldn't be a label, it should be a reality.  If DeCas still require registration, account freezes, or have modifiable smart contracts, they're essentially centralized casinos wearing blockchain masks.  True decentralization implies a system beyond the control of any single entity.

Fairness is the bedrock of any casino, and DeCas rely on provably fair algorithms to ensure this.  However, the effectiveness of this approach hinges on the complexity of the games.  For math-based games like roulette or slots, provable fairness works well.  But for sports betting or events with external factors, true verifiability becomes trickier.

High fees are a major turn-off for DeCas. Layer 2 solutions and blockchain advancements hold the key to solving this.  Reduced fees would not only make DeCas more attractive but also broaden their accessibility.  Until then, the high costs might deter users who prioritize affordability over complete decentralization.

Interactions only cost a lot of money if they depend on limited Blockchain resources. Leaving the execution part off-chain, while putting ordinary transactions and consensus on-chain, is the best way to help scale dApps. Something like what Avalanche is doing with its 3-layer system (consensus chain, transactions chain, smart contracts chain). Decentralized gambling has the potential of replacing centralized gambling in the future. It's just that developers aren't putting much effort into it. Especially now that regulations are tightening each day.

With fear from governments, I'm afraid decentralized gambling will remain a niche to traditional gamblers. One can dream, right? :D

I would say it is a bit about the potential to have a loophole somewhere in the code as well. We have see plenty of decentralized exchanges and many decentralized projects that got "hacked" basically, one way or another people find a problem in the code and take out all the money in there. So when you are gambling, your money stays there for a while, not instant, and that doesn't feel like it would be fair to wait it out and hope that hackers don't get involved.

On the other hand, I have seen Stake got abused many times, most recently something like 40 million was gone, and they still keep going so that means you are capable of withdrawing your money no matter how much money they lost. This trust is the biggest reason for me.

I believe that only the ETH network is so congested or has high fees. But you raised a point that is really important. Relying on blockchains with high fees ends up making betting unfeasible

Unless someone is really betting very high stakes, the fees in the ETH network are indeed making decentralized betting apps unfeasible. One of the biggest problems is that the fees or the congestion in general can hardly be predicted. The fees are super volatile.

When Augur was still around, I doubt that it would have worked well if the fees had been like they are now. Back then there were times with super high fees already and I wondered how a prediction market would actually get off the ground if the goal is usually to bring as many participants as possible to the application. The more people there are, the better these prediction markets would work, but ETH seems to not be the right platform for this.

Do Layer-2 networks such as Base and Optimism ring a bell? ETH can already scale to millions of TPS. At least, using one of the aforementioned off-chain scaling solutions. On-chain speaking, you'd need to wait until gas fees decline to make your bet. With developers working hard to address ETH's scaling issues, you can feel confident fees won't stay high forever.

I've always wondered why a decentralized prediction market like Augur lost its luster. Even with the high fees, that wouldn't have stopped someone from creating a fork on another chain with lower fees (or L2 network). Decentralized gambling holds great promise to revolutionize the gambling industry. But with high fees and low popularity, it will only remain a niche for gamblers. I'm afraid centralized gambling will continue to dominate the industry for long. The future is unpredictable, so we can only hope for the best.  :-\

It's the same as with trading... centralized apps are much faster and offer a lot more than decentralized ones. So I can say that I prefer decentralized, but I am more active in centralized casinos. There are not a lot of decentralized casinos around that can offer so many games (especially third-party games we love) that the majority of people love, so most of us turn to centralized casinos.

And I don't wish to be a "smart ass" here, but the term "decentralized" is being used too easily... lets not forget that decentralized means that "no single person or group has control over something". And most casinos around have a boss. So I think we need to wait a bit more to see a "really decentralized casino".

Totally understandable that majority would really be considering centralized casinos in the end of the day. Why? It all matters with the user experience on which we know that it is really that totally different
if we do speak or tend to compare out on the easiness and comfort on playing into these platforms then we can really say that we could really be having that good on on centralized ones. Also,
it is quiet evident when it comes to demand and recognition then these platforms are way more in demand compared to those decentralized on which we dont even see that much of those things
in the market as of this moment. Even if there's one existing then i wasnt aware if its really that getting those sufficient number of players.

For sure one of the reason on why dex casinos didnt flourish that much because of lacks of demand and recognition on which it would really be normal that
they would really be having that kind low number.

I doubt decentralized gambling will replace the casinos that we have now, and this is because we do not really have a need for them, a decentralized currency like bitcoin was urgently needed as central banks and governments around the world cannot stop themselves from printing money, decentralized exchanges are needed so we can exchange our coins freely without the governments trying to get into our business over an over again, but centralized casinos are fine as they are, and a decentralized option is not different enough or offer sufficient advantages to replace them.

Bitcoin is decentralized but it's slowly losing its decentralization as the government are intervening hard trying to control us. When bitcoin and altcoins were created, the idea of decentralized casino came as well, but it was not successful due to its complexity and people wants a simple one and that is what they usually do before the crypto exist. Now, casinos and exchanges are regulated, so bitcoin is just acting like a digital payment when we are gambling because eventually at the end of the day you will have to convert it to cash to enjoy it, unless you are living in a country where bitcoin is accepted everywhere.

Of course Layer-2 networks bell a ring, but I admit I am not familiar with those implementations when it comes to decentralized betting applications. You can see the same issues with the Lightning Network and how it is still too much to handle for most people. I am not talking about the Bitcoin geeks, they know what to do, how to set it up and where to use it. But if there is a platform that wants to offer truly decentralized gambling, it should be no extra work for any gambler to get started or otherwise I'd expect many people to just stick with their centralized platforms. I am all for technological progress, but people are lazy.

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Hm good question, I wondered the same because I can see real value in such a network. Vitalik Buterin explained it so well on his website with the help of a concrete example and yes, prediction markets could be amazing as it is far more than just a poll where people don't have to care about their answers as they are not putting anything at risk.

I think it will depend on whether or not authorities are able to fully enforce KYC regulation. So far they don't and I have been using several platforms without ever providing any KYC data. But I am only playing with small stakes.

There's no such thing about having no change or being constant on which sooner or later the things we've been get used to would really be that bound to have such change.Based up on what you have
elaborated that decentralization was actually the main thing that we are really that preferring and it is one of the main reason on why this market had boomed up but just as expected as for government to do such involvement then this kind of decentralization do make up some switch up or making some gradual changes on which people doesnt really have an option but to bare up with those changes.
Well, we cant really be able to avoid to tell that it is really something that gives out much better user experience and accessibility but in exchange on the anonymity that we are preferring into.

I believe it's not about having problems with casinos, some people just don't like verifying their identity because they say it's against their privacy and they don't want to show their identity even to a platform because they started using cryptocurrencies so they could stay anonymous and this contradicts with their beliefs of the cryptocurrency industry, and to be honest, I don't blame them because it isn't a pleasant thing for a lot of people.

However, I also believe that if the platform is trusted, and if there are no other options available, then one should go for it on a trusted and reputable platform so that they don't face any issues when they go for depositing or withdrawing funds while gambling.

Sometimes not liking KYC is because you just don't see the point in providing this information to press a few buttons and place bets. This is why I always like more free betting sites.

Was it always about pleasing the regulators? Bitcoin was created as the anti-thesis of Fiat (national currencies). Its creator was a libertarian and cypherpunk. So if developers are interested in making the crypto industry truly-decentralized, they should look for what's best for the people. Not the regulators.

I'm afraid it's already too late, especially when governments are deep in the craze. To make matters worse, most developers have publicly-known identities. It's easy to catch them if governments want to enforce regulatory action on so-called decentralized apps or blockchains. In the gambling industry, the number of truly-decentralized casinos are rare. I'm fine with that as long as people have the option to gamble without KYC. Expect centralized casinos to dominate the industry for as long as it lives. :D

Yeah, I quite agree with you I have been playing for a long time with Decentralized Finance and tried a different bunch of Decentralized Apps before and smart contract approval is not my thing, to be honest, and I don't really like it. The problem for decentralized apps in my opinion is a bunch of approvals I mean some apps use different methods such as "Sign" but anything to do with tokens like USDC or USDT always needs approval from the user first.

I like the method when the sites combine two centralized and decentralized methods, examples like you directly swap deposit withdraw, and sign-up using a smart contract and your address but when it comes to playing the game you don't really need approval.

Tho Decentralized gambling will of course still here and layer 2 keep improving I hear that opBNB only costs you $0.0032 on a single transaction this might be a solution or maybe there will be a gas less chain in the future

When crypto becomes more popular like now, it seems it's hard to finds where we can playing gambling without KYC. When we can get one casino that doesn't apply KYC too strict, that's just beginning because when the casino grows and becomes popular, the government will takes on their eyes to that casino and will ask them to used KYC for their members. That's why we can only follow what's the rules for every casino and if we don't comfortable with the rules, we can try to search for the other casino.

Make sure you can playing gambling at the trusted casino, popular, have a good reputations so you don't have to worry if something bad happens. The governments now searching for the crypto business and trying to controls them so crypto business can just follow their rules.

I believe the opposite, the more people who join betting in general, the easier the process will be. Because you will want to have as many good things as possible there, so you need to make it easier for them to enter.

It's no surprising that governments got its hands tied in all things crypto. Strong regulations forced most online casino operators to comply with KYC/AML standards. But rules don't apply to decentralized casinos. Especially if the creator is anonymous. The gambling dApp can't send profits to its creator for this to work.

With no one to hold accountable for, gamblers can place their bets in a decentralized casino without the need for KYC. I know it's hard for this to become a reality. But not impossible. Considering that centralized casinos still dominate the gambling industry, we should expect decentralized alternatives to become a niche to gamblers. At least, people have a choice. :D

The answer is simple, people want things to be free and that's more reason why you see that despite the emergence of decentralized exchanges, people still preferred centralized exchanges. The only time you see people using decentralized exchange is when they know they can benefits from it like when meme coins were trending, lots of people tend to use decentralized exchanges just like the Solana reach highest volume on it's Dex this year and that's as a result of meme demand.

Casino are not different from this, Ethereum been the most popular is going to be a failure because of the high fees, you can't imagine wagering a game and then you are required to pay $10 for a fee to interact with a smart contract. People will lose interest unless there is something unique about the casino. I'm not sure whether even me I will do such kind of transaction for gambling, imagine wagering multiple times when you have only $100 for playing that session.

The bad thing about the decentralized casino will be that it will only practically accept crypto. So, a good and innovative idea would be a p2p casino that accepts fiat and crypto, where the entire process is facilitated, thus allowing more people to have access to betting.

If you're talking about fiat money and not stablecoin, wouldn't that mean the government will likely step in and force them to implement KYC? Even if the casino somehow found a payment gateway that doesn't follow regulatory rules, or allows anonymous users to deposit fiat, wouldn't that be very risky for the players since there is a chance they will need to do KYC if some troubles pop up? I see this happens with some "decentralized" swap platforms, I believe it will happen with casinos or other platforms if they intend to use fiat directly. Besides, if the goal is privacy, I don't think this downside is a deal breaker for them. CMIIW.

Though I am not sure how a decentralized casino could accept deposits in FiAT in a practical way. Because most of the FIAT payment processors and banks are obviously centralized systems where people is supposed to trust their money in, unlike with cryptocurrency wallets and smarth contracts, which allow people to verify code and have a personal set of cryptographic keys.
Since we are talking about accepting Fiat for deposits and wager in online casinos, I am almost sure those who are interested into using Fiat will be enjoy enough to simply use stablecoins as a substitute for bank deposits.  You know, originally stablecoins were supposed to be a way for traders to access liquidity in the market and convert their Bitcoin and alternative currencies into a pegged token, but since their introduction those tokens have evolved into a pseudo-decentralized payments methods.

In the end, stablecoins are a solution for those casinos which try to be as decentralized as possible. It would be weird to sign up on a casino which is supposedly decentralized and yet, asks us to make bank transfers with Fiat.

Of course, I will be lucky enough to win; that's why winning in gambling is also unpredictable. Which is usually where the majority of gamblers lose.
But nowadays, most gamblers who play are on centralized gambling platforms.

Also, the reputable gambling ones are mostly centralized-based platforms, and if there is a reputable casino that is Dex, there is also one, honestly speaking.
And I also think that majority of the players are also playing on centralized gambling casino.

I understand people want to save as much money as possible. That's where Layer-2 scaling solutions come in. Gambling dApps can stay decentralized and cost-effective by operating on an L2 network of their choosing. Only developers of smart contracts can decide whenever they'd want to keep running their dApp on the main Blockchain or a separate, off-chain (L2) scaling solution. This is only the beginning. So, I'm confident gambling dApps will rival their centralized counterparts in the future. The sky is the limit to how far decentralized gambling will go.

It's hard to believe centralized casinos will go away after being on the industry for decades. They will remain the dominant force of the gambling industry due to their high liquidity, greater accessibility, and better user experience. The future is unpredictable, so we can only hope for the best. ;D

I believe the point here would be P2P. The platform would have P2P to take fiat currencies and exchange them for crypto. Some p2p will not report anyone because it is not advantageous. So in my view, the platform would intermediate this fiat p2p and would also accept crypto for games, etc.

It depends on individual preferences and priorities. Decentralized gambling offers greater anonymity and potentially lower fees, while centralized gambling may provide more regulatory oversight and security measures. So I prefer Decentralized gambling.

I dont believe much about having that less fees because everything would really be that depending on the network. I've seen back in the past on having that Decentralized lotto on which in every bet you would be make then you would really be needing to push up a transaction on which means that it would really be costly if you do make transactions back and forth.Whereas, you would really be able to avoid all of these things on the time that you would be making use of centralized ones. Yes, it would really be totally opposing about decentralization on which this is something that we must really be tending to adopt or choose
but we cant really be able to deny that when it comes to comfort and accessibility or overall experience then nothing beats out on dealing up with those centralized casinos on which i could say that
this is something more better.

Indeed, the possibility of a centralized bookmaker is much greater, as it involves more cryptos and fiats. However, decentralization will be limited to cryptos and their processes.

Previously, I used to play offline more commonly, but when crypto became more popular, I started looking for some decentralized services to experience. Although in terms of scale, they are still too small compared to the market share of gambling, but for personal purposes, I think it meets the needs.

There are a few familiar names in the crypto space in terms of gambling, but they have never become a major force, and there are still some legal constraints that still exist, so there is promise in this field lots of exploitation potential.

I'd say people care more about the reputation of the casino themselves and pretty much most of your average gamblers are pretty far into the KYC thing so I don't think gambling dApps have that much of an allure to them. At most, it'd be pretty equal with regular crypto at casinos and at that point, you'd mostly rely on their reputation to see which of the two types is better of which I'd assume centralized casinos would be voted above the other by quite the margin.

Ofc that's only at this point in time. Things might change really, especially if you consider how dApps can be the alternative for players in countries where gambling is banned/illegal.

Yes reputation is the most important thing, gambling site is centralized or decentralized it is not a big issue. Because doing KYC on a reputable site is not a problem, but on a new site, even if you give a chance to gamble without kyc, there is a lot of risk. there will be no problem of creating an account on the decentralized casino site because the site can be used only by connecting a wallet from the Dapp. But still I don't like it. Centralized exchange seems comfortable enough to me. so I am not thinking about decentralized casino sites now.

Well, always being able to enter a Gambling platform with a system that accepts fiat and crypto money is something that is great, generally things that are done like that can mean a lot to some people, but that can mean doing things with less money and from wallet to wallet, in the case of fiat money, it can be understood with deposits and transfers between their banks, so that can be a better way to see things, but as long as it is done in a decentralized way, The benefits of Decentralized casinos are many, but if they stick to doing things like that, centralized casinos will always have their advantages, faster support, but the bad thing is the constant case of mandatory KYC, that is the most Uncomfortable thing about this, For that reason I think that the decentralized casinos will begin to float a little more, well at least that's what I can guess.

I prefer centralized gambling but it doesn't mean I'm not open to playing on decentralized gambling too.

Most crypto-gamblers want anonymity as to why they switch or prefer to play with crypto-gambling but maybe it's just me that I'm not comfortable gambling my money to a platform that I don't even know who's the person or team running behind it. I also want a gambling platform that is legit and follows the regulations. But if I saw an interesting bonus and promotion on a said decentralized gambling platform, there are big chance that I will test the water there.

In my view, decentralized betting houses need to have something different besides cryptos and anonymity so that they can attract customers.

The world is heading into automation and full digitalization of everything. AI, Blockchain, and Quantum Computing will become part of our lives in the future. This means we will rely less on middlemen, and more on decentralized protocols/technologies. We could have some sort of "hybrid" casino where there's no central operator involved, but the dApp itself complies with KYC/AML and accumulates profits for its creator (the developer of the contract). There will be a radical transformation of the gambling industry as we know it. Perhaps, it will take decades before we'll be able to witness such a thing. At least, the idea is there. Making it a reality is another story.

I'd expect decentralized gambling dApps to improve to a point where it becomes cost-effective to gamble on them (low fees) without delays (near-instant transactions). For now, centralized gambling will continue to dominate the industry. :D

I agree that there will be automation, it's a fact.  However, a hybrid casino is an idea that I have been talking about here.  Centralized companies will need to adapt to this, as will decentralized companies, both focused on capturing and facilitating customers.

Do we have any good decentralized gambling options with us ? Even if they exist their fee will be much much higher as compared to the centralized gambling platforms. I think the gambling industry is yet to adopt and admit the decentralized nature of gambling and also the gambler's mindset needs to be shifted from the centralized trusted gambling platforms to the decentralized ones.

A lot of work needs to be done in Web 3.0 and its integration into the gambling industry. Until we get some solid good projects I will prefer centralized gambling and not take risks with the new decentralized platforms.

Let's get at how they operate first. Decentralized gambling offers greater anonymity and potential transparency, while centralized gambling may provide more oversight and security measures. The choice depends on individual priorities and preferences. At the moment I'm rooting for decentralised gambling.

I think decentralization is important and removes a lot of risk from a poor operator.  However, there are some times when you want to be able to blame an operator.  For example, if a decentralized casino gets hacked and all the funds stolen, you have no recourse at all.  However, if a centralized service gets hacked and all the funds stolen, you can still sue them or hope that they have the funds in reserve to be able to make everyone whole again.  Not saying that ever happens, but occasionally you see an exchange pay back hacked funds to users over time.  So there are advantages and disadvantages to both.

I even mentioned before that in the incident of hacking and scamming where the involved casino is running anonymously (decentralized), their users will seek assistance from the authorities which leaves the question of how the case can be filed if the operators are hidden. The investigation can't also be started since where it is supposed to be should start.

These decentralized gambling platforms can also run away smoothly without being tracked. I know there's a contract to be executed so the bets are always secured but there are lots of things to do to initiate the trick of scamming.

It's good to be decentralized but I can't apply that to my gambling-related activity.

Many people only like to use casinos that have already made a name for themselves so that they can rest assured that their money is safe with them and that they can handle any form of win that they get from the casino.
 
Aside from the reputation, decentralised casinos always have much fewer games compared to centralised casinos, as their programme might not allow them to add much or require them to do a lot of work in order to do that.
 
A few web3 casinos that I have tried before were all designed for a specific network, either for Ethereum, BSC, Polygon, or the Solona blockchain. It's only very few of them that have multiple smart contract connections, which could also add to the reason why most of them are not getting the kind of attention they might need.

We are for decentralization but as for these decentralized gambling, it's not all convenient at all. You have to connect your wallets here and there and if you keep logged in, there's a chance that someone might exploit the backdoor and you can potentially lose your funds. The convenience that the centralized gambling offers is totally what the people likes and that's the same for the exchanges that even if we don't like it that much but we have an assurance that we can do it there easier. Both has its pros and cons, I'd love to support decentralized gambling but with such platforms, developers need to maintain them and they have no difference from the operators of the centralized casinos. It's quite confusing isn't it? but there will always be the centralized authority that should control the ins and outs of the gambling operation of a platform. Because whether we like it or not, at the end of the day, it's going to be our preference and if you've got some good experience doing it on decentralized gambling then that's good as you preferred to do it there.

They need more markets... like with exchanges, centralized services have many more offers than decentralized ones, which rely on p2p. So even thou we all know that decentralized services offer anonymity and better security we still favor centralized exchanges and casinos, because we have more offers. At least that's my opinion based on my experience in the past years.

There is a lot of talk about decentralization, and many services use the word for their self-promotion, but it seems to me that many do not know what the word actually means.

There is no way this is going to work in the marketing aspect even if it work in technical aspect. People prefer what is simple and easy to use. Let's even say that this concept can work in with casino sportsbets since you don't need to interact that much with smart contracts but how about casino games, this will work but to be honest is going to discourage a lot of gamblers, it's not going to be like a new concept they are not used to and the disadvantage of this is that, if they don't understand it, they will move to another casino that will be more easy than this one.

If we look at it from another angle, the government might not approve many casinos because of this decentralized aspect of it, some countries are very sensitive when it comes to anything that has to do with blockchain and decentralization and AML requirements, that's like prole will not be gambling without need for registration and that's will not make some gambling platform become approve by the government.

I personally uses both for different transactions. They have their own advantages and disadvantages. For quick and low costs transactions, I prefer centralized, while for trust and transparency, I prefer decentralized platforms. The choice depends on individuals preferences and priorities.

Potential lower fees are not true, its not as if Bitcoin transaction fee is very high like when Ordinals was new, the decentralised gambling will still offer a lower fee, thats not possible, it will always depend on the crypto network you choose to use.

Also I want to know a name of the decentralised gambling platform that you know or used to, because I still don't believe that one exist.

I believe that all gambling platforms are centralized, they don't have to ask for KYC instantly, few of them will pretend as if they don't even need KYC but when its time for you to withdraw some money, you will see their true color.

I prefer decentralized because of its flexibility and freedom with which it comes, so I basically don't really get to want to use a dapps that charge's such high fee that sometimes I might have to first recover the gas fee before start thinking of making profit and that alone sometimes could be Messy around the mind of the gambler because imagine winning on a bet only to discover it's just recovery yet and you will still have to win again before you can start thinking of been in profit but with the decentralized you get to change ur dApps from the ETH chain to such which has a considerable low fee that can be affordable.

The only difference may actually be in security that one may have over the other but then it's still not a big deal if the gambler is able to getting to manage his account well enough to not getting their account exposed and loosing their funds.

I think you mean "decentralized organizations". There's no such thing as a "decentralized company". If it's a company, it wouldn't be decentralized anymore. I see a future where decentralized casinos are governed by a DAO (Decentralized Autonomous Organization) where shareholders dictate the future direction/path of the project. Profits can be either distributed between holders of the DAO's token, or the creator of the contract himself. The possibilities are endless.

Centralized casinos in their current state will become obsolete as advancements in technology will radically transform the gambling industry. This is only the beginning. With Blockchains getting faster and cheaper than ever, we should expect UX for gambling dApps to improve 1000%. :D

it's easier said than done. All the factors are there that a decentralized casino with its system in place will be able to disrupt the centralized casinos. However, the biggest factor that would hindrance that from happening is "regulation", crypto was less or not regulated when it was first created but along the way as it gets more popular, the government came to intervent, so I don't see a decentralized casino would be popular as the government will only make it centralized to comply with the law.

You will only have this freedom from dapps on a network with a low transaction rate.  Therefore, we can say that one of the points to take into consideration is the network used

Actually there are still some dex casinos that we've been having on this market today it is really just that it cant really be able to get on the some recognition in compared into those centralized ones.
We've seen some on-chain kind of gaming which is really that totally decentralized but it turns out that these games arent something that brings out some interested on most gamblers. It would be seen it something in talks about on the demand because people would be flocking out into those places on which they could bet out instantly without needing to wait or spending up some transaction fees on dealing up with decentralized gaming. Yes, having the control is a plus but when it do comes into a time that you would really be needing up to have that kind of hassle then no shocking that people would just simply jump.

Yes remembering the days where these casinos arent asking KYC but on the time that they do have that licenses then KYC is been applied. Some become that mandatory
and some do only ask out if something that you do commit out some violation.

Very possible since what the gamblers mostly want is to have their privacy in gambling as well as have no issues on anything that may pertains the use of KYC which i believe will not be a concern with the use of a decentralized gambling platform, although we have some already but maybe due to their low in numbers and the reason being that gamblers don't want to risk making their deposits with such because of fear of what may turns after, many have been consistent with the use of the  centralized ones.

The concept of a hybrid casino is gaining popularity as it fills the gap between traditional centralized casinos and growing decentralized casinos. This novel technique combines the finest features of both models, providing consumers with a more comprehensive and versatile gaming experience.
Although, the one side, hybrid casinos can offer the stability, security, and reliability of centralized platforms. Users accustomed with traditional gaming platforms may feel more at ease knowing that the platform's operations are overseen by a centralized body.
On the other hand, hybrid casinos can also take advantage of decentralization's advantages, like enhanced accessibility, privacy, and transparency. Users can benefit from increased trust in the platform's impartiality and the privacy of their personal information by leveraging blockchain technology and smart contracts. Decentralized systems also make gambling more convenient by enabling users to visit the casino from any location with an internet connection.

As of this moment we do still have platforms that we can really be able to play without having the worry about those kind of KYC because it would really be something that not compulsory but rather it would really be just that simply asked on the time that you have done something wrong or something that they would really be needing up some verification.Its always been written up on the terms and conditions on which it would really be just that depending on how you would really be having those kind of impressions. If you dont like on dealing up with these kind of sites then it would be your choice.

There are some platforms that having some lite KYC on which asking some basic information like Roobet as far as i remember. Tons had made out some bad impressions to it
but looking into it on where people or gamblers do really just simply accept it out gradually.

You are absolutely right. I saw one decentralized crypto casino on service board asking for a review from people to give their opinion about the casino, the job was were done and I just check the casino when u saw this thread and guess what, the number of users that joined since I last visit are not up to 100, this means that customers are not coming, and when I also check the smart contract execution on both ETH and Matic, there weren't much going on, people are not playing.

In today crypto adoption, people are ready to give up their privacy for some little fantasy of the casino and ignore the bigger picture. Decentralized remains the best alternative but even the casino are not building on that, how many decentralized casino has a good user interface like Duelbit, like Stake and other popular casino that dominate the crypto space.

It’s a great reminder of how technology is shaping user preferences and the importance of considering both security and user experience. Looking forward to seeing how these platforms evolve and which will ultimately resonate more with the community.

Decentralized gambling has its perks, notably transparency and fairness thanks to smart contracts. While decentralized apps offer a promising alternative to traditional centralized platforms, it's likely that both will coexist for some time due to differing user needs and preferences.
Personally, the appeal of decentralized platforms is strong for their innovation and security features.

Both could co-exist but there would really be significant difference when it comes to demand and recognition. Yes, we are really that liking on having that decentralized thing but we do know that
on this one it would really be better into those centralized ones in comparing about their main differences when it comes to accessibility and smooth gameplay on which we know that those centralized ones are
far more better. If you are someone whose really that giving or putting up importance about decentralization then you could really always have that option to stick with those current existing.
In overall it would really be just that depending into your own preference since not all would really be that having that kind of approach in between dex and cex platforms.
 It would really be just that on how you would really be forseen about their advantage and disadvantages.

Absolutely, your emphasis on personal preference is spot on. It's about what matters most to us. The practical advantages of centralized platforms in terms of accessibility and smooth gameplay or security and transparency. Your perspective highlights the importance of making a choice that aligns with our values.

Clearly, user experience and ease of access currently favor centralized solutions.

But again, it all about underscores the subjective nature of preference between decentralized and centralized gambling, encouraging users to weigh both the pros and cons based on their own priorities and values.

It's not a secret anymore that most of the gamblers prefer to get into centralized casinos.

I think since 2017 I've seen a lot of projects that have promoted with their goal to become a popular decentralized casino but it didn't work.

That's already enough to conclude that the majority of the gamblers here and outside prefer to get into those centralized casinos.

I believe that the problem with not having a famous decentralized casino is not because it is decentralized but because they have not implemented the business model correctly.  And this does not involve it being decentralized or not.

It's obvious gamblers prefer cenetralized casinos on top of decentralized ones. Centralized casinos offer better user experience, larger bankroll, lower fees, and greater accessibility. Gamblers have no problem using them, despite the fact that they're regulatory-compliant (KYC, AML). Decentralized counterparts will remain a "niche" to the privacy-oriented or tech enthusiast. While L2 networks show promising results (low fees, faster settlement times), not everyone knows how to use them (added learning curve).

At least, gamblers aren't tied to a single option. In countries were online gambling is "illegal", decentralized casinos does wonders. This is just getting started. We can't predict the future, so lets hope for the best. :)

This event demonstrates that even hardware wallets, which are thought to be the most secure means to hold cryptocurrency assets, may be subject to assault. However, the problem did not affect Ledger's hot wallets, such as Ledger Live. This demonstrates that utilizing a hardware wallet is still a decent security solution, but users should be aware of the dangers and take extra measures such as storing their seed phrase and using a strong password, especially if they follow instructions. Even with all of these safeguards in place, there is always the risk of human mistake, as in the ledger incident, in which a single hacked GitHub account resulted in a large leak.

For me, gambling is more about having fun than making money. I don't really care if it's decentralized or centralized, as long as the deposit and withdrawal transaction fees are low then I'm fine. The main point is transaction fees rather than privacy, but users who tend to want to protect their privacy then decentralized casinos are for them.

Of course this is still only about me, so I'm not talking about other people or users. Any casino as long as it is trusted and has many deposit alternatives with low transaction fees, then it is worth trying.

Based on the parameters you gave, you will be able to play in both casinos, decentralized or centralized. However, the lowest fees tend to be for centralized ones, depending on the blockchain you use, decentralized ones can even give you a headache.

This have to depends on what we want, if we are interested in giving out private informations to their platform and don't mind the consequences that may come after, we can decide to use a centralized gambling platform which requires for KYC, but when we see that we cannot afford to loose our privacy with the level of the informations they will be requesting, we can then maintain with the use of a decentralized gambling platform, this should at least lessen the stress many gamblers are having as difficulties in using a KYC gambling platform.

Of course. It's always about having fun. Every gambler knows it's almost impossible to turn a profit at a casino. Why do you think "the house always wins"? With decentralized casinos, gamblers can experience a fairer system that isn't meant to enrich the creator/founder himself. I'm yet to see whenever it'll be possible to invest in a decentralized casino's bankroll like it's possible with centralized counterparts. It'll be subject to the rules encoded on the smart contract itself.

While the main benefits of decentralization are privacy/freedom, and censorship-resistance, I believe gamblers will do just fine with centralized casinos. Again, decentralized casinos does wonders in countries where gambling is illegal. The industry evolves at a fast pace, so I'd expect decentralized casinos to match their centralized counterparts soon. :D

The downside of decentralized gambling is the fees, and the wait time for a blockchain confirmation for every bet one places, imagine playing a slot game and you have to wait for your spin transaction to be confirmed on the blockchain before you make another spin, and each you spin, you pay a fee for transaction confirmation on the blockchain network, this is not only time consuming, but also, you may likely end up spending a lot of money on blockchain fees alone over time, most especially, if there is no win for a long time, so as to recoup the money spent on blockchain fees and bets as well.
This is the only downside I could think of when it comes to decentralized casinos and gambling.

Now, moving over to centralized casino, there are actually alot of downsides, but amongst all, I think the most that stand out is kyc, alot of gamblers hate being made to pass kyc verification, but still many do not have a choice but to comply, most especially when their funds is already at stake, this i believe is one for the reasons why some gamblers will prefer to gamble on decentralized casinos where kyc is non existence, and funds immediately are are deposited to their wallet any time there is a win.

Overall, I will prefer decentralized casino over their centralized counterpart, but unfortunately for now, decentralized casinos are still developing, and currently lack a lot of features that usually ensures gamblers have a good gaming experience, in the future when decentralized casinos must have developed well enough, I think many will like and prefer them over centralized casinos, but this is not to say that centralized casinos will stop existing; No no, centralized casino will still be big, but decentralized casinos will be big as well, they both will co-exist, the same way decentralized and centralized exchanges are currently co-exising.

The rise of decentralized gambling through dApps is indeed a game changer. High gas fees have been a bit of a downer, but like you mentioned, L2 solutions and other chains are starting to smooth out those issues, which is fantastic news.

As for dApps replacing centralized platforms, I think we’re on our way to seeing more balance between the two. Decentralized platforms offer unmatched transparency and fairness, which is super appealing. However, centralized platforms still have their strengths, especially in customer service and user experience.

I personally lean towards decentralized gambling. Yet, I believe there’s room for both to coexist, catering to different preferences within the gambling community.

In that sense, one will give you fees according to the blockchain and the other will take privacy and probably high fees. However, the centralized one can offer many more possibilities beyond games, such as investment, etc. So, it really depends on what each player wants to have for themselves.

If you look at it in terms of the game system, I think it's the same as winning only for the casino, not for the players. The games provided at the casino have been modified in such a way that the winning ratio is in favor of the casino.

However, if you look at freedom, decentralization will be a big breakthrough where everyone can find out about the casino and join there without any curtains that limit the players from gambling. In fact, as you said, all players who even prohibit gambling can easily use this gambling service.

Decentralized casinos will never ever become big because the loophole you mentioned above where illegal countries are allowed to gamble, this will make the government to force the casinos to follow regulations.

Since decentralized casinos can't survive to long, it's really questionable will the decentralized casinos pays the reward if someone win huge amount of money? as they can just run away and create another one using different names.

I don't see any decentralized casino platforms around, people barely use them because there aren't any reputable ones or ones that have been operating for quite some time and people are confident in using them. Since a decentralized platform would require a user to connect their wallet on the website to gamble, and this becomes a concern for gamblers because you can't connect your wallet to a platform that you don't trust.

So, this is probably a challenge for web3 or decentralized casino platforms to earn the trust of the community that their wallets won't be compromised if they connect them with their website and that their funds will be safe, and then maybe they can get some gamblers.

We've seen in the past but we dont know if they are still up or currently running because we do know that when it comes to demand then nothing beats out those centralized platforms.
For me its a bit hassle that you would really be having that kind of logging in with your own wallet when it comes to decentralized casinos and this is something that will really be that just not giving that good experience unlike with those current centralized platforms on which it is really that something that gives out that convenience and this is something that would really be that most gamblers are really that
preferring or liking into.  This is why it would really be better that you should be sticking on where your interest that sticking into.

We the community does really like on having that decentralization but there are really things which does have that exemptions when it comes to various things.
We cant really be that able to ignore on how these centralized platforms does give out or offers because if you arent liking that too much control or monitoring
then you could always opt out and choosing the other options.

Centralized, because decentralized (and I mean truly decentralized) means that there is no central power that can fix things when they go wrong, so if you face a trouble then you are all on your own and there would not be anyone that can help you with that. I personally suggest not having anything like that, it would not benefit you or anyone else.

Just go with centralized and that means if you ever face with anything, or any problems with the casino or basically any issues in general, then you just contact their support, if they do help you and fix it then it is a good casino and if they don't then it is a bad casino. Of course there are bad centralized ones, you just gotta pick the good ones and go with them eventually.

You can search on this forum as I thinks decentralized casino platforms available here. You can check Betfury, Bitcasino, and else doesn't needs you to register on that platforms instead you can connect your wallet to their sites. Actually, there are no needs to worry when you connect your wallets to your site because you have an options to create a new wallet and send the amount to that new wallet. Then, you can connect your wallet to the site without worry because all of your assets is not in the new wallet.

As long as the decentralized platforms can gives satisfying and convenient to their customers, they will gets many people comes to their site. Those people will used the casino to playing gambling and the best is they doesn't have to fills any requirements such KYC to the site. But that will depends on the rules on the site because the government still watching the decentralized platforms like what they did to the centralized platforms.

It is a fact that things are like this, from the casino you mention I could only recommend Bitcasino, in their wallet connection and everything, in Betfury they have problems with the gold people, note that it is not a casino that answers questions and requests from the eprosnas in the forum, which seems very rude to me, on the other hand, bitcasino.io is a casino that has very good acceptance, it is one of the most anti-UPs and they have a great capacity to do things well, decentralized casinos are the target and Eye of the governments, they have not been able to get their hands on it, so if you register and manage to enjoy, well I'm just telling you to enjoy while you can, because it won't. It will take a long time for a resolution to come out where they say that they will be able to take He controls or has power over the casino is decentralized only because of the blessed KYC problem.

Yes, in decentralized you will really have more freedom and everything that is preached in crypto. However, the centralized website can give you more options and ways to make money. And for me that's what matters most. Because if you want a lot of money betting at one time or another you will have to leave your privacy aside.

It is quite complicated when it comes to decentralized casinos considering the games that are offered are fair or not to every customer and how do we know for sure that they will be fair and accountable if they really make a mistake or violate one of the ethics that can make customers lose, this is actually what I am confused about so far regarding decentralized casinos.
Meanwhile, there will also be many countries that oppose it, maybe blocking will occur in the case of decentralized casinos and will be very condemned on the other hand it will also be easily used to launder money for criminals.

I think so far it is better to use a centralized casino that has a legal basis and can be trusted along the way it will be much safer and more comfortable for now, I don't mean to reject decentralized gambling but for me personally there needs to be more logical reasons and things that can make me trust them before I gamble massively in that casino, just like before when offline gambling to online, basic things must be fulfilled as a value that we will be safe and worthy of gambling in decentralized casinos on crypto networks.

In relation to countries, I believe that the centralized one is the best option, as it can adapt better unlike the decentralized one. One can just not show some games or limit the users who enter or withdraw funds. While the other needs to be regulated because it involves crypto and only then needs to be regulated as a casino. So it's a very difficult path.

That's the casino that I knows and I used before. Yes, I recommended Bitcasino too as what you said because I have a good experience using their site, whether having an account or using my wallet. But unfortunately, I don't used it for some time so I think there were a changes on the site which people needs to search by visiting on their ANN to knows for more last update information. Their site is an old site which have reputation like the other old sites such as Stake, Duelbits, and others. That will depends on convenience that people wants to search because playing gambling must have convenient to staying at the site. Whatever it is, whether it's a decentralized or centralized casino will be in under of the eye of the governments so people must be aware to find what casino sites that they will used to playing gambling.

As a gambler, of course, what gambling platform do you choose to enter, the one with KYC or without? Of course, if you choose your privacy to remain on the Dex gambling platform, you will remain to play gambling for sure.

Now, if the kyc is not big for you as a gambler, that means there is no problem for you if you gamble at a CX or DX gambling casino, as long as what is important to you is that you can gamble or win gambling.

Convenience goes above all else. And right now, gamblers have no intention of abandoning centralized casinos. I think decentralized and centralized casinos will co-exist for generations. A gambler will choose a casino depending on his/her needs. If you're living in a country where gambling is illegal, you should seek a decentralized casino that's privacy-focused (no KYC). Otherwise, you should stay on a centralized casino for complete peace of mind.

I sure hope gambling dApps improve to a point where it becomes cost-effective and easy enough to participate on them. Layer-2 seems to be the future for this. Who knows if someday decentralized casinos become as comparable as their centralized counterparts? ;D

Centralized casinos are still the best option for the majority of us. It's like a complete package that a gambler is looking for unless that gambler is meticulous and wants to find some more.

All of the features of centralized gambling is what a typical gambler finds while with the decentralized gambling, it just makes hard things to do for a gambler.

More attempts needed for these decentralized gambling to prove that they're worth it and foolproof.

Exactly, in certain points both are good, it will just depend on how the player wants to use that casino. But normally the centralized one will always come out ahead because it is more complete and offers more earning and gaming options.

The things i do like when dealing with centralized casinos..

1. Tons of coins that could be used
2. You could make some possible fiat deposits(on some)
3. Instantaneous results and not that hash types kind of betting or some sort
4. Different bonuses and perks
5. Have active supports
6. Different games variations and types

Its centralized but it is really that something being outweighed with those benefits or factors on which you could really be able to deal off with it.
Although it would really be that a matter of choice of a certain gambling. You could be always have the choice.

it is true that gamblers who want to avoid using kyc can choose decentralized casinos, but the problem is that decentralized casinos often have problems, especially when players win big, there is a possibility that they will avoid it, can players accept that risk? it is their choice. but i personally prefer playing at centralized casinos, even though they charge kyc to their players, but that doesn't matter as long as they are regulated and have been used by many people.

i agree with you, currently the concept of decentralized casinos is very difficult to implement, especially since there is still the potential for cheating or bugs here and there, so just use a centralized casino which is safer than a decentralized casino.   i'm sure everyone who gambles has experienced small problems such as betting disruptions, network disruptions and withdrawal/deposit disruptions, when we play at a centralized casino, we can complain to them.

Are you talking about support? Let me break it up to you since you seem confused, a decentralized casino doesn't mean it wouldn't have a team or anyone to provide customer support, the decentralization is only in the process of betting and the wins and losses which means that you connect your wallet with the balance you want to use, make your bets directly with your balance and if you win, you get the winning amount straight in your wallet which means you don't need to make any deposits or withdrawals.

That doesn't mean you don't get any support if you face some issue. Decentralized platforms have support teams as well, you can contact them if you face problems with the platform or with a bet or anything in general and they will look into it, generally, things should work fine but if there is a bug or something, you can ask them to check it.

Speaking of Fiat deposits, I've always wondered why decentralized gambling dApps don't accept stablecoins tied to the value of USD. I think it's because developers fear strict government regulations, and don't want to be charged for encouraging money laundering and/or tax evasion. After all, stablecoin transactions are KYC-free (if I'm right). USDT and USDC would've been great options for decentralized gambling. For the paranoid, DAI is even better because of its truly-decentralized design.

While some decentralized casinos struggle with high network fees and a terrible user experience, L2 chains could be the solution to all of their problems. Would you imagine betting at the speed and cost-efficiency of a traditional centralized casino without the added risk? This could be the future of the gambling industry. No matter how far decentralized casinos go, they will never get to replace their centralized counterparts. I'm fine with that as long as gamblers have a choice. ;D

I don't even like decentralized gambling because they charge more fee that is even bigger than the transaction fee and I don't see it funny at all. This is not a good form of gambling for me and I will not choose it to continue since the fee is too high and you will be charged on every single time you attempt to play bet. I have tried decentralized gambling many times and I don't find it to be easy because of the network fee and charges you will keep paying on every bets. This will make the casino to make more profits even though gamblers are winning or losing because of the extra fee.

As a gambling person you don't need to avoid or to skip kyc in  gambling platform, it is very necessary for someone who is into gambling to understand the basis of gambling and they its platform before you participate on it, because most of the the platforms of a gambling especially the casino platforms of gambling requires more kyc before you can be able to make a withdrawal but they can also leave you as their participant to deposit without verifying your account but when you win they will not allow you to withdraw what is your account based on they have not done your kyc, if you are avoiding a kyc verification of your account in any gambling platform you should also avoid the gambling because all casinog gambling platform demands for kyc.

Yes, it is actually a very good site, and 100% reliable, I haven't been to your thread Ann for a long time, but the changes they make are very good and what I like is that they always please their community, it's something like stake.com, which is almost a family with its community, so you have to do things in a very peculiar way, I think that for one to play in a casino one must feel good and comfortable with the site, and these platforms are clear about it , that is my perception, now the trust and authenticity is unique, but for me it is a casino that offers entry hrough the wallet and that for me means decentralization, so this casino has taken giant steps, well I see it that way .

When we are in a safe place we make a deposit and if we win we are sure that they will give us our money, so I am satisfied.

But at one time or another you will have to do KYC. So imagine that you start to get literally everything right and you will need to withdraw this money. If you want to spend an hour or two on it, you'll have to show where it came from. So do this on trusted platforms! I recommend the BK8

The only issue that you would really be only be having in centralized platforms which it isnt limited to gambling or casinos is that there would really be some potential ask out of some documents for verification
specially when it hits up a threshold specially on withdrawal but as a gambler or making some big wins, then you would really be that still in doubt and skeptical on submitting on whats been asked? For sure 99.9% of those winners would really be definitely be submitting on whats been asked and would really be getting entirely the amount that they could really be able to do so. Personal identification wont really be that much of an issue if we do speak about big winnings. Its understandable that this market or space doesnt really like any asking out for some documents or something that opposes up decentralization but since
everything could really be that changed up overtime or subject into those kind of changes then there's nothing we can do about it.

I understand your point, but how do you want to make money and at the same time not declare it? You will bet online and win a lot of money, however, when withdrawing you will need to declare that when spending too. So, in any case, centralized systems tend to be better.