Bitcoin Forum

I have worked for a few years in a casino and I couldn't help but imagine that people should be able to gamble with bitcoin.

Is it already happening? - I don't mean on the internet

And do you think this will be future of casinos?

Sounds interesting, never thought of it haha. But i guess you would have to divide casinos to a place where only crypto can be used and to a place where cash is used.

There are already tons of casino games that we could play using crypto you only need to know the website.
And there are also some people who use some online games to gamble and have fun for example tongits go and other kinds of apps too.
And I don't really think that people or high roller would be interested on going at a casino just to play with their crypto specially if they could just easily do it anywhere they want.

Not on the internet. I was wondering if there is any casino that offers to gamble with crypto. If not is it ever going to happen or is there no demand for such casinos

In my place, bitcoin on casinos is still not happening because of some restrictions from the government and because there are no laws right not that can support and make bitcoin legal. This is actually good for a crypto gambler who wants to experience playing on a casinos using their bitcoin. We are referring to the mass adoption about this one and hopefully it can still happen in the future.

This topic belongs to gambling section, and for sure it can be discussed more by the cryptogambler.  :)

The subject was actually very suitable for the gambling section (https://bitcointalk.org/index.php?board=56.0). There are many cryptocurrencies based gambling chances on the internet, but I haven't heard them in real ones yet.

Imagine that you can gambling with BTC in Las Vegas. It would be awesome.

Truth be told, I've never been to a real casino

I mean a real one, not some room with slot machines and similar stuff. But from what I know (okay, from what I've seen in the movies) people don't use cash there directly. Casinos use gaming chips, i.e. small discs used instead of paper money and coins. Then you can redeem the chips (provided you have any left, of course) for real cash. To me, Bitcoin would be cumbersome to exchange these chips for in these circumstances


OP asks about real casinos (think Las Vegas here)

I think we're a long way off before you can gamble in a land based casino with Bitcoin. That's going to be an online thing for years to come. Offline casinos can't accept them for regulations to begin with. Beyond that, the volatility of BTC price would make it unrealistic. The casino themselves would then be gambling by accepting the Bitcoin in the first place. I hope I'm wrong and I can play blackjack in Las Vegas with Bitcoin. But I've been going to Vegas for a very long time. It doesn't seem likely anytime soon...

Even though it is possible to gamble with bitcoin, those chips can be permanent. It would not have been reasonable to wait for minutes for the BTC transfer to be approved to play at a casino.

since the topic is mostly about gambling/Casino I think it should be moved to Gambling Discussion (https://bitcointalk.org/index.php?board=228.0)

maybe, but as I far as I know in my country there are no casino who accepts bitcoin. I think they still don't recognize bitcoin as a proper currency
and still see a lot of flaws about it's system. also they might be considering it's volatile nature as to reason why they don't accept it.

People use a huge pile of cash on slots, chips are used on gaming tables (poker, blackjack, live roulette, etc..). Yeah usually in movies they show you gaming tables and chips.

I was thinking more of gambling with bitcoin on slots like you would sit in front of the slot, type in your wallet address and start gambling. I guess for table chips it wouldn't make sense yet. But what do you think about future? I'm wondering if there will be demand for that..

Agreed. But i still believe it would attract a lot of people to go and try to gamble with crypto as it would be interesting.

The D and the Golden Gate in Downtown Las Vegas have been accepting Bitcoin for a while now:
https://www.goldengatecasino.com/blog/best-ways-utilize-bitcoin-vegas/

Ironically they appear to accept it for pretty much anything but gambling.

It could happen, but I guess it will take years for a land based casinos to adopt bitcoin as means to play. They needed to overall their systems, slots machines, their cashiers, their table operators.

But me being a traditional player, I would like to see this happen in the future though. I can just go and play, used my mobile wallet, QR code apps and still get the feel and the ambiance of a land based casinos. So let's see how it goes.

I think you are putting the security of your wallet in a high level of risks with that particular action. Because if I'm not mistaken, you cannot access your wallet without the keys, so might as well you will type in your private keys. I dont think of any better security than using your own device to access your wallet, not the other machines specially in a gambling area. Just my two cents.

Btw, the topic tackles more on gambling, how about moving these in gambling discussions. You might get a lot of answers to your inquiry, theres a lot of gamblers in that particular thread.

There was about 2 years ago a post/thread here on bitcointalk on this. One of the users has found in Las Vegas a casino that was (also) accepting Bitcoin.

Since then there are probably many more.

I've found a reddit link on the same subject: https://www.reddit.com/r/Bitcoin/comments/6zyph0/you_can_use_bitcoin_at_casinos_in_vegas/

Well, I don't know any offline casino where you can play with Bitcoin at the moment. But there certainly are LOTS of online casinos where you can gamble with numerous cryptocurrencies not just Bitcoin. Of course that in the future casinos will adopt BTC as they adopted cards. I imagine me going to a roullete table and just swiping my phone to enter the game. Bets would be made virtually, but the dealer would throw the ball in real time.

Of course that you can use live casino rooms in some websites instead of going to the actual physical place ;D

Why not? We already can use crypto to pay taxes in some countries

So why not?

There are casinos in Europe that take bitcoin, and yes I mean physical casinos.

Check out Austria Casinos

Bitcoin in a brick and mortar casino? I doubt that will happen anytime soon. You do realize that many countries ban gambling(FIAT) outright, don't you op? The countries which allow gambling have their own regulations in place.

Accepting BTC as a payment method involved far stricter regulations which can only become a reality if the government legalizes BTC and regulates it effectively and does not impose extra protocols on offline BTC payments. This is highly unrealistic in my opinion.

I couldn't see the situation being high risk other than someone stealing the device through a wrench attack but it won't happen to most people when casinos have good security. If casinos do use Bitcoins instead of fiat in the future they'll only need deposit addresses it's never a good idea to expose your private key on a casino if it was asked. OP's idea on putting in your wallet or bitcoin address on the machine is similar to having your own gambling account and send bitcoins to it.

Well, that sounds convincing. If casinos will create their own database on all registered user accounts then make deposit to it, that sounds fair, and thats the most possible thing to happen. If everything happens then only the casino will be held accountable.

Is it already happening? Oh no, I have never read news about casino which accepts or plans to accepts bitcoin or any other cryptocurrency. Casinos are still considered as a way of money laundering, so adding a cryptocurrencies will be a huge disadvantage for casino owners. By the way if we can consider it as a good news and one step, Evolution Gaming has contract with some crypto casinos and offer them their service, live blackjack and etc, some of them even has own table.
On another hand there is not significant demand on bitcoin in any particular country to push casinos to accept bitcoin and it's another task what will be governments reaction. Also in overall I think media will start to write bullshit around bitcoin once casinos accept them with titles like - a cryptocurrency that increases number of gamblers and etc silly ones.

In fact, I live in a strategic area between two countries, where one is very active with casinos, I think that by talking with the owners of traditional casinos you can reach agreements with them to place a PC so that people can play online and bet on Bitcoin, (buying them in local currency instantly and having a fund within the same Bitcoin casino, it would be a direct transfer using the same project network) some casino may interest you, it's about knowing how to speak and offer the best offer, since, of course, what will dominate are Bitcoin and cryptocurrency based gambling.

Until now people who gambling with bitcoin only can able through an online casinos and i could not found any land based casinos accept bitcoin as part of their service but regarding this question i think it depend on the popularity of bitcoin itself that if people demand want bitcoin can be used for offline casino then might be in the future people can gamble use bitcoin not only for online casino but i'm pretty sure every bitcoin users dreamed to gamble use their bitcoin through an offline casinos such as in Vegas or Macau

If somebody will won a jackpot will the casino payout it with bitcoins also? On client's bitcoin wallet?  ::)

It could happen, though it will take a long while before traditional gambling houses and casinos incorporate bitcoin and other cryptocurrencies within their services. Should they go with this, it would take a lot of change in their license and everything else to conform with the local laws and regulations concerning gambling places and cryptocurrencies. Until most of the countries established a working law/regulation with cryptocurrencies, gambling establishments won't dare touch it even with a ten-feet pole.

This is a question that has to do with the lack of regulations and the lack of interest from people who go to offline casinos, for example:

What would be the benefit of people who would go to an offline casino and use bitcoin? remembering the high volatility bitcoin:

until yesterday the bitcoin price was $9800 and today it has dropped to $9400 which is currently at $9500

so high bitcoin volatility will be another problem for offline casinos that will accept bitcoin

he is asking for physical casino here. i dont think theres already one but for online casinos, obviously we have tons already!
 for those that will use crypto, i dont think they will ever think of going to physical casino as theres no advantage of doing so, unless, they want to socialise with their friends and try crypto among themselves.
but the possibility of having bitcoin or any other altcoin in offline casinos is more than possible. we wont say that they will not go to that route.

being volatile is not a problem for offline casino but also on online as well  . i mainly use bitcoins online and i also use bitcoin to play on an  online gambling  . there are times that bitcoin is going in a volatile rage event where it fluctuates every minute or two  . i expereince to loose just after the deposit happens  . offline casinos are not lack of regulation but being offline actually means that they are more regulated than the online one's    .

the interest for the offline casino are still there but the question is what about the interest for bitcoin  ?

Traditional casinos will never go away if that's what you are asking, there are a lot of gamblers who prefers to play live and see the action right in front of them. Others use it as their bonding time with their colleague or business partners or would be business partners. Online casino maybe booming right now as it is a workaround for people who wants to play and remain anonymous or to those who lives in areas where gambling is illegal.

And it is not only about that

With online gambling you don't have to leave your home, your couch or armchair, while you can't build a casino for every neighborhood even if it was legal. It is pretty much like cinemas and watching movies online. How many people are now going to theaters? To put it differently, online casinos are for the lazy types and in this respect it is not so much a workaround as a natural development taking advantage of the Internet technologies (and cryptography)

Exactly, the idea isn't that outrageous. Just like we can purchase products from stores using BTC, physical casinos would/should also accept BTC in order to capture more of its customers. Though, one issue with this is that the volatility of the BTC market put people off from using their BTC in a less responsible manner  ;)

The analogy itself seems correct

But the conclusion that we can draw from it is definitely not in favor of real casinos starting to accept Bitcoin. How many merchants do you know that actually accept Bitcoin? I mean directly, without the use of services offered by payment processing companies like BitPay and their likes. I don't think that many, if any at all. How come? People not willing to pay with their bitcoins, obviously. So why should things be different with bricks-and-mortar casinos, especially when you have a ton of online ones?

The volatility of crypto is the risk that the owner should take if they want to try this idea out.
But as a crypto earner I don't see the benefits of going into a casino just to gamble my crypto,
Of course other than playing with my friends but if that's just the case then why do we have to go to casino if we could do it on our own.

Bitcoin is still slow and if you want to deposit then you can do that at the cashier normally either with a card or cash and get chips instead, now if the casino takes card that means they do allow you to gamble with bitcoin. You may ask how is that possible but if you just get a bitcoin debit card, go to any casino nearby, pay with that bitcoin debit card and get chips then you basically deposited bitcoin instead of regular money, casino receives fiat but you paid with bitcoin.

At the end of the day, you can gamble there with their chips and if you end up winning then they will pay you in either cash or money back on the same card and that means you can put that cash back on bitcoin eventually. Yes its an indirect way of it but that is the only one we have right now.

Do you know that one day bitcoin will become a main stream currency and we will be using it in physical places like hotels, restaurants and shops. At that time bitcoin will be used in physical casino also.
By the way in which casino you worked few years and what sort of job you did in that casino ?

Why not? Bitcoin is now a means of payment on an equal footing with the dollar or euro. At the moment, less than 1% of the total amount of transactions is carried out by cryptocurrencies, but this percentage is gradually growing, and here a lot depends on us, too. I think this indicator can increase up to 50% in 5-10 years, because it is very convenient and fast.

Well yeah i think it is happening from what i've searched there are some casinos (not online) that accepts cryptocurrency as a payment method anyway, online casinos are booming and many players attracted to play than to go in actual casino so, maybe in future online casinos will be more than the actual casinos but i think that going to an actual casino is more fun than playing casino online since you have to get fresh air and socialize.

Don't be much hypothetical here, we've known bitcoin for so long, we've known its capability but let us not forget that it contain high volatility rate which is more likely the reason why people would easily give up on crypto. There are already establishments that acknowledge cryptocurrency, most of them are well known companies across the globe. I don't think physical casinos would do the same as they are regulated by the government, being that said casinos also have workers to be paid not by means of bitcoin but fiat. We need more time, much time to transition into cashless society.

The future of mixing online casinos in the traditional ones is likely, the adoption of bitcoin is taking place more fluently, there is relevant news to it. It is important to note that many know Bitcoin thanks to the Online Games.

For a traditional casino owner, I think it is not a waste to speed up some machines with an Internet connection and have access to games with Bitcoin bets, beforehand there must be an open wallet for people who wish to play to pay with the local currency in exchange of the moment and a quick transfer is made to the machine, or you can even sell reader cards with QR code with prepaid balance, (It is a speculative idea of ​​how it can be done), it is worth noting that in some months some cryptocurrencies and some StableCoins will be launched that people can choose and don't think so much about volatility.

Yes its already possible but you would still end up on using dollars or fiat but at least they are showing some adoption.

https://www.theverge.com/2014/1/21/5331758/bitcoin-now-accepted-at-two-las-vegas-casino-hotels
https://www.gamblingsites.com/blog/vegas-casinos-accept-bitcoin-64554/

We might not able to spend directly but its good to look at about their recognition.

Yes, see previous comments. This is already in practice, physical casinos accepting bitcoin much like how you can use BTC on other markets to purchase things. BTC spending power has definitely increased since it was first introduced and its nice to see that more and more establishments are becoming crypto acceptors ;)

There's nothing wrong someone playing gambling risking bitcoin,

Instead of risking your house, then where do you live again if you lose playing casino

The more sophisticated and developing world with the internet so far, the more sophisticated people are betting.

Different from the old days playing at a round table with betting money on the table.
Maybe, in 2025 a more sophisticated casino betting system, now bitcoin, 2025 maybe land, houses, vehicles can be accessed to casino sites.

So, no need to be surprised if you see Bitcoin at stake with the casino.

When you work with Bitcoin, you do not use a bank card number that can be stolen by attackers to withdraw money on your behalf. In fact, you can send a payment without revealing your identity as if you were just giving someone cash. I think that’s why it is necessary to use Bitcoin, and not dollars, euros or other currencies. I'm for anonymity. Every day I go to news resources and see more and more new messages about the possibility of paying for various services using BTC :)

Gambling bitcoin live, that's so out of the box, bitcoin is still an online money. what will be used to represent it in physical?
I don't know if it will make heads way for now am enjoying it being online

I've never thought about that but I think everyone above on me was right. It would be the same as exchanging it first for fiat and then the casino will give you the chips/token. Although it is most common in the internet to see such online casino using cryptocurrency whenever they need it but this is really surprising tbh.

Take it slow. Though there is a big possibility in the future that casinos will use bitcoin, there is a thing called "adoption" first in every gambler, too. Not all gamblers and casino owners know about bitcoin. And certainly, most of the gamblers want instant physical money when they won. Isn't a bit complicated to play a game and sent out bitcoin for betting before the game, thinking the fee is expensive and the transaction is slow? Except of course if that casino itself will create their own gambling site, too.

It's already happening now.
You can see that we have so many crypto gambling using bitcoin and altcoin as a bet.
Not to mention the site but you can search by yourself.
I think people are searching the instant way to gamble and they did found crypto gambling site which will help them to gamble.
So if you want to try, I suggest you find recommended crypto gambling site on here, deposit some satoshi to start.
Or if you don't want to deposit, you can get the free coin as a welcome bonus, so later you can decide to deposit or not.
Maybe that will be the future of the casinos because, with the technology, people can connect to anything they want via the internet.
So it makes people easier to play gambling even in their home.

we are already in the future .  cant you see that the  techinologies we have now are more advanced and you can include cryptos and blockchain with that .

why not ? btc are verry old  . its old enough for every average joe to hear and recognize it   .

not really  . what about on physical casino , they also use chips as bets right ?  same as on cryptos . crypto bets are like chips and you can still convert them later on to  a real cash  .

not its that complicated  . btc is user friendly   .  there are many alternatives to btc and you can use those to solve the problems that you stated above .

Adoption and age are not the same

With that said, however, I don't think either that gamblers let alone casinos are not aware about Bitcoin. But the problem lies deeper. As I see it, Bitcoin as well as other cryptocurrencies (and by others I refer to Dogecoin first and foremost) is perfect for online gambling (Doge is even better), so it is kind of enough is as good as a feast. In other words, people who have crypto and a desire to gamble can easily satisfy that desire in an online casino. In the case they want something real, they can convert their bitcoins to cash (provided they don't have any) and go to Las Vegas, Monaco, and similar places


Not that it is impossible per se, it is just too clumsy and cumbersome (when you already have a cash option)

What I know is that for a long time some casino places accept bitcoin as a means of payment. Like the one in Las Vegas, it has been years before the famous bitcoin, like now the casino there has accepted bitcoin. And I am sure this is also what makes the casino still survive even more popular and more and more online casinos are popping up and accepting bitcoin as a means of payment. And because of the many casinos that accept bitcoin, many people become cryptogamblers. Because they see the opportunities they get if they win and the price of bitcoin is very fast rising dramatically.

Really, is there such a thing as offline casinos accepting crypto? Can you show me because I have never once heard of this. It is really very strange to me for such a concept to happen but I suppose if they are willing to let people walk in to "launder" money that is one very good option in my mind.

And anyway those who say actual casino is more fun probably do not really gamble much. I agree it is OK but comfort of home is also very attractive.

He gave an example in first page to us;


I think that there may be another casinos in all around the world.

I do not agree with this statement. Let's look at it from the perspective of the gambler who just found out about the possibility of using bitcoin. First, he needs to figure out what Bitcoin is, where to store it, how to store it safely. The player needs to know what are the ways to acquire Bitcoin, if he never used the exchange, this will be a big surprise for him.

Let's say he finally went through a bunch of new information, figured out everything and made his deposit.  But how much does he want to bet? How many decimals Bitcoin has? What is mBTC? What is uBTC? And so on... This can be very confusing.

For this, it is necessary that the casino accept cryptocurrency as a payment for chips.
I believe that there is no problem. Now, nothing prevents you from exchanging chips for dollars, and then buying cryptocurrency.

But isn't this exactly the problem?

Just like with merchants not accepting crypto, regular "offline" casinos may not be willing either because they would have to deal with volatility issues. In fact, all such issues can be dealt with in an effective and efficient way (in a technical sense), but that requires extra costs which can easily make the whole thing not worth it (given that they keep their books in whatever the official currency is). And still more so when people willing to stake their coins can easily do that in online casinos (which is totally hassle-free)


I agree, but this is not what the topic is about

Reminds me of a  UK based start-up named Cryptochip that aims to convert cryptocurrency to gambling chips and vice versa, but it seems the project failed probably of a certain reason stated above.  The "hassle"  of using cryptocurrency when one can just use online casino or a fiat when inside a physical gambling casino.  

Anyway, I haven't heard any Physical casino here in Philippines that accept Bitcoin, though if there is, I think I'll still use fiat because it is more convenient that way.

welcome to 2012 , you are kinda almost 10 years late think Satoshidice was if not the pioneers
but one of the first bitcoin gambling sites that were using blockchain and tx fee hash to produce results and pay the winners in bitcoin :
https://en.bitcoin.it/wiki/Satoshi_Dice
since then the industry made huge leaps ahead and the sites like Primedice appeared ( considered to be the fathers of the existing bitcoin dice games )
Just-dice, bustabit and so on and so forth , nowadays literally hundreds of casinos support bitcoin and altcoins as the main or alternative payment methods
some of the popular sites you might want to check out are : Bitsler , Bitvest , Stake, Primedice, Bustabit, cryptogames  and many others

Read it carefully, what he meant is offline casino, not the online ones.

To OP, It's okay I guess to use bitcoin to play on offline casinos, I don't really know if it's already happening because in my country gambling is highly prohibited. For the future I think there will be less offline casinos because if people can do it by home why do they need to go to offline casinos?

oh yeah , my bad
somehow the notion of offline bitcoin gambling didn't even cross my mind at the time of reading  ???
speaking of offline betting with bitcoin technically ,is  as easy as 1-2-3 - you just set a terminal that accepts bitcoins and sell chips for coins
a bitcoin ATM+ a bitcoin accepting cashier and you got yourself an offline casino that accepts bitcoins
the only problem is the regulations , that could be a drag , since you might need an additional license and there are not too many countries that allow gambling and have bitcoin legalized and regulated
in Japan , for example, it is impossible , the only way one can gamble offline here is by playing Pachinko

I think i saw some projects being attempted, for full crypto based casino, but as far as i know, they all failed. It was back in 2017, during that hype.

While i agree that crypto will be used in the future for sure in physicl casino, i am not sure that we reached that point yet, where casino can be completely crypto based, and accept only cryptocurrencies, no fiat.
For  that we need crypto to be mainstream, and unfortunately we are not there yet, but atleast we have online casinos, you have to start somewhere after all.

Bitcoin volatility can only be reduced when it is widely spread everywhere and bitcoin is distributed. If few whales hold major portion of the bitcoins, then this manipulation cannot be stopped.
Also we will have a phase when the fiat will completely be replaced by the digital currency and at that time, even the physical casino will be using the crypto. Although this may take a decade or even more to happen.

Just to ask,does getting an offline casino license would be similar out on getting an online one? Pretty sure that they do have somehow differences in regards with requirement
but for those business owners who would prefer on using up online due to accessibility and comfort.People do always prefer on playing online
because only a few clicks required they would already able to play.Legality and crypto adoption is one of the dragging things for someone to built up a casino but
its good to see that there are physical ones would tend out to offer.

If wishes were horses, beggars might ride

Or it is easier said than done (not plagiarism but a couple of witticisms). To cut a long story short, Bitcoin is good money while fiat is bad money, with the implication being that people prefer to hoard bitcoins and spend dollars (or whatever). Yeah, I know it sounds a little bit like paradox given Bitcoin's extreme volatility but the main premise still stands (good versus bad). What that means is that there is little to no chance for Bitcoin to be evenly distributed, ever, which in turn essentially means volatility is here to stay and we have to live with that


But that's unlikely to happen for the reasons stated. However, personally, I have doubts whether we actually need that land casinos started to accept crypto when there is no lack of online ones with which you can gamble your coins away in a relaxed and cozy manner without leaving your armchair and constantly looking back over your shoulder (though you can still safely keep your fingers crossed)

So your point of view is that bitcoin can never be able to become the major currency of the world or rather a one world currency Bitcoin is not possible ?

I still doubt that whales will easily refuse valuable bitcoins, even if they are widely distributed. To refuse is to sell a valuable asset. They are not going to do it.

As a result of this, most ordinary people will have a very small amount of btc and simply will not be able to use it for playing in a casino. It’s like playing with gold coins, it even sounds weird. You rather want to keep them for yourself than to make any bets.

Note that this is only my vision of the future bitcoin will be used for gambling very very rarely. I guess most crypto gamblers disagree with me, but every point of view has a right to be.

Sad, but that's how things currently stand

Bitcoin is good for online gambling (Dogecoin is even better, for the record) but somehow we don't see plenty of cryptocurrency adoption going among bricks-and-mortar casinos (if there is any at all). That doesn't feel quite right if Bitcoin is to become a universal means of payment and exchange (the major currency of the world or even a one world currency, in your words)

If it were, we would already see many baby steps in that direction here and there with regular casinos as well as elsewhere. But there are virtually none. The point is, Bitcoin cannot become what you want it to be overnight. That would be a gradual process and require a lot of small steps but the only progress we have seen so far is toward more speculation with Bitcoin as a speculative asset (Bakkt and all)

Not one day but now it has happened where fast food restaurants and coffee shops have started accepting Bitcoin as payment. And not just restaurants, at this time if we want to buy jewelry, we already use bitcoin, even in Zurich, Switzerland, to book 5-star hotels already using bitcoin. 

And I am very sure that there are also many offline casinos that use bitcoin as payment.

Well if the casino's dont accept it, just get yourself a bitcoin debit card and just use that in the casino and your problem is also solved.

If the physical casinos don't accept Bitcoin, then we could use bitcoin debit card to use in casinos? Is it the same (playing with Bitcoin just different method) or actually bitcoin debit card contains other than Bitcoin? Seriously, I don't get this.

Nah, I dont think that will work. I think these BTC debit cards work more an an exchange. They take your BTC, convert it into fiat for the casino. You are basically gambling with fiat, not Bitcoin. Which is the point of this question.

It is possible, could work on the same system that a few online casinos that accept BTC are working on. 0.001BTC=1 chip. Casinos are there to make money, if theres enough public interest, Im sure they will be up for it. Although theres a lot of interest with crypto but I'm not sure there's enough interest for gambling with crypto on a physical casino.

I believe that physical casinos will not even try to switch to cryptocurrency or accept Bitcoin from visitors, because it will not be of a mass nature and they will not be able to expand their circle of customers in this way.  Bitcoin Casino is primarily an online casino where users, while at home, can play gambling without leaving their computer or mobile device, while using cryptocurrency.

You seem unsure of the future prospects of cryptocurrency.  The fact is that people can use bitcoin not only on the network, but also in real life.  That is why the situation with the use of bitcoin in physical casinos is quite possible.  I do not exclude that Las Vegas already practices this. ;D

i guess they will be the firsts to have a bitcoin or crypto offline casino. it is more than possible once they work out the reqmts with regulators. it is only a matter of time to have that kind of direct payment inside the casino tables
 and i was searching if there are offline casinos that are into crypto already. in some way, they have but you still have to convert it to fiat before playing on the table. so they dont have yet dedicated games that you can directly use crypto

https://www.gamblingsites.com/blog/vegas-casinos-accept-bitcoin-64554/

Its good that somehow casinos are putting some effort having Bitcoin ATM at their casino. It's quite nice that casinos today are being knowledgable about cryptocurrency and how their enemies taking them one step up which is online casinos that accept bitcoin.

Thinking that playing on a real casino with bitcoin, as in real bitcoin. It just lost its sense like you are playing with your bitcoins anonymously and you play on a real casino exposing yourself.

I don’t know about real casinos, I tried to play only in my city, and our cryptocurrencies are not developed at all. I think soon in Las Vegas there will be affordable deposits with cryptocurrency, at least sooner or later it should happen and from the online sector it will turn into reality.

I believe that a real casino is a gaming establishment that obeys certain laws and is controlled by certain regulatory bodies and regulators.  I do not exclude the possibility that the time will come when the cryptocurrency will be fully used as a means of payment around the world and, accordingly, then it will definitely be used in real casinos too.  But for this it is necessary not only to adopt certain laws and obtain certain permissions.  And today there are a lot of problems and questions regarding the legalization of cryptocurrency.

Looks like you missed the news. Because from two years ago in Las Vegas accepting bitcoin. There are even some bitcoin atms already there. You can read the news here https://www.gamblingsites.com/blog/vegas-casinos-accept-bitcoin-64554/

It'd take ages of moving winnings between game rounds if players would use their personal wallets to play in real life.
So maybe the only way would be to "deposit" your BTC in the casino's entrance and receive the classic casino chips again. So there won't be any difference between using BTC or not... it's up to the casino to accept this kind of alternative payment.

I think there could be some sort of digital "card" that would allow people to play and shows how much they have left. Either the card itself could be digital enough to show how much balance it has and can be used or card could be regular card but the casino could have things that you can go plug the card in and check how much there is left. I think that is literally a better option than chips as well, why they are still using chips I would never know but just guess.

My guess is that they are just an iconic thing, like you hold a ton of chips in your hands and it makes you feel better, you put them forward and so forth, it is just what people think when they think about casinos, that is why they are not removing chips but in reality it is really possible to make it better with technology.

If a casino have digital cards then it could help people to check their balance as you what you have explained but the casino card can be used both in digital and regular card. My point about the casino card is you will swipe the in then you'll be able to know your balance and type the card number on the site then it will show your balance without making you log in to the website for security measures.

That's off line casino that accepts the use of bitcoin to play?  I haven't know of any within my residence however it was long coming. In between is bitcoin do very well more in the gambling aspect than every other aspect

Licensed and regulated land casinos accepting Bitcoin? That would be nice and a lot safer than walking into or out of a casino with a wallet or purse full of cash.

Not possible casinos all online casinos is using crypto currency because of the people's choice's, one of the reason choosing crypto online casinos is the anonymity of thegablers they can hide our identity to the public bieng a gambler.

I think it will be the future of casino since most of casinos in my country are using card for you to be able machine games. However it's not applicable to all casino games such as poker, Blackjack, and others since people will prefer chips for that of course. Sooner it could be implemented since it will give convenience for both gambler and the owner to use Bitcoin as currency for casino.

What if we're already going to that age? everything will be cashless and bitcoin will be one of the most preferred currency of each gambler. Like, you're going to gamble to a physical casino without bringing any cash or card but you have your smartphone.

And on that phone, you have either your bitcoin wallet or any other accepted altcoin wallet that contains your bankroll. As you gamble, each of the machines will show a QR code which you will simply just scan it through your wallet to deposit an amount or be able to play.

I think that it would be great if there would be a real life casino where you have an option to ganble with your bitcoin. Not aware if there is one already. I bet there would be a lot of online casino gambler who would like to try it, playing real life casino games playig with other players using their crypto.

Perhaps, that is available in some country which accepts bitcoin as a currency so it can apply too as the payment in the gambling. If in Vegas accepting bitcoin, people will be knowledgeable and aware, and they will use bitcoin for the bet. If bitcoin can be popular in there, I think bitcoin will not only use in gambling but also used in many things as the new payment method.

When bitcoin is accepted as a new payment system, bitcoin can reach many people in that country/city so it will have a chance to be a payment option. All in all, it is good news to see bitcoin can be accepted in an offline gambling place. There will be many other gambling places that will do the same. And that means cryptocurrency will be popular in real life.

I think for offline casinos, will be very weird if still use digital currency to play. I mean it is used to play and not like casino which accept cryptocurrency to swap for a chip to play in that casino. Because it will almost like public internet things that people do gambling with bitcoin and other cryptoccurencies.

It's impossible to happen in real casino since they all used a chips/token on their machine and etc wherein to able to gamble. But for me probably  there's a possibility that only cashier accepting bitcoin instead of the dollar ,because you know bitcoin nowadays are acceptable in different ways even in some fast food.  So in my view probably there's a possibility they convert bitcoin into chipz or token as well for all players who want to play using bitcoin on their casino. 

It's not yet happening in real life casino right now but there are so many online casino accepting bitcoin. In my opinion it's possible for casino to accept bitcoin in the future maybe in the next 3-5 years, once bitcoin become mainstream and used by all companies, i'm sure casino will accept it too.

Its not that impossible, if a certain casino would implement a system that lets gamblers register an account and put some Bitcoins in it. Then they will just going to input the account number as well as the password into the machine to proceed to gambling.
Thats the very least idea I could think, since risking your own wallet in any gambling will place isnt worth it. So, why not make their own database inside the casino.

Since you state that one can pay for chips or tokens with Bitcoin or fiat currencies, the impossiblity there is been erased.
So therefore, betting offline with Bitcoin is very much possible and can be practised in any offline casinos, cause its more like paying with it like the other currency.
The one thing that any casino owner, who wants to implement the use of BTC in his casino should look out for is if Bitcoin is legal in the country where is is sited. And also obeying all regulations abiding with it to avoid sanctions.

That's right, buying chips in the casino through Bitcoin using online transaction is possible. So if the casino will implement this kind of payment, then betting with Bitcoin through traditional casino could be a reality. The question is, does the casinos will take this gamble of having a volatile means of selling their chips?

Actually its already happening where Las vegas casinos do accept Bitcoin as been part of their payment system but sadly you can directly use up bitcoin but still a good adoption though.

About on casinos measure towards the volatility of crypto then who knows but for sure they are pretty aware with that.

And I believe at this time many gambler casino out there who play casino through their own credit card, it is not the time to take a lot of money in our purse. Most people right now will use to buy everything through their phone or use their credit card because it is very easy to use compared to take a purse. Yeah, sooner or later when people know bitcoin and they are not believe that bitcoin is not dangerous tool, they will use it or use some altcoin who have high anonymity such as monero.

Moreover, for those who knows the casino online which many popping up so far then bitcoin is the most currency who will be use by most gambler. Even, online casino will be an alternative way for them to choose and they will pay it at anytime and wherever they are. It could be the utilization of cryptocurrencies especially bitcoin will be more used as gambling tool be compared to be use as payment system or as trading tool.

In the near future, I think they will adapt bitcoin and other cryptocurrency since the industry is continually expanding. In LA, there are already casinos that have integrated bitcoin and became quite a popular trend with the casinos near that one. I do hope that their numbers will increase further and not just casinos, even hotels are starting to accept cryptocurrencies too.

Really mate?if it’s Ok may I know how older you?because if you’re teen or below 18 then I can consider that you are not allowed in a real casino 😂😂.or not unless you are living in places that gambling is prohibited so there’s no chance that you can enter because there is no existing

But if those I mentioned wasn’t indeed then there’s something unique here ,being a man/woman at the right age that don’t ever enter a real casino

---

To the topic?i wish there will be one in my country so I don’t need to bring fiats every time I need to gamble because my mobile is enough to sustain my betting needs

If a casino accepts BTC as a payment for chips, then it must also do the reverse operation of exchanging chips for BTC. And it may turn out that you won at the casino, but because BTC fell during the game, you can get a lower amount than before the game.

Las Vegas might be having bitcoin acceptance on the casinos, because in casinos we pay and get chips. Further we use these tokens to play. This is simply a possible thing for the gambling industry, but similar way of usage isn't possible with other physical forms of betting like sports events.
Everyday more and more innovation is found on every industry, so if there is a plan surely it can be executed. As in the quote volatility will be considered big before the initial step taken for such an acceptance into casinos.

That will depend on the gambler. If he can accept that, then he will be no problem to get a lower amount. But if it's not, then he will choose one of that. And maybe a gambler will need to have another wallet to save his bitcoin or to play gambling, so he doesn't have to move into another wallet.

The casino will have open a new service as the exchange for the gambler, so every time the gambler play, they need to exchange their money first with the casino payment. Or if the casino use bitcoin, the gambler doesn't have to exchange.

I believe that only illegal resources, without official registration, can directly use cryptocurrency for gambling.  One way or another, in certain countries there are strict laws and regulations that govern the operation of casinos, including online casinos.  Until the cryptocurrency is legalized in a particular country, no casino can use the cryptocurrency legally.

I think it is possible to exchange bitcoins for chips of different denominations, as in the case of currency exchange for chips. At the entrance to the casino player gives away his bitcoins and gets chips. If the player wants to leave the casino, he gives away the chips and gets the bitcoins on his wallet. I don't see anything difficult to implement. The only problem may be that the player has to wait for the first confirmation of the transaction and then leave the casino.

I still cannot name even a single casino here in my country that accepts Bitcoin. In my personal estimate, it might take long years before licensed physical casinos here would start accepting Bitcoin and other cryptos for gambling. However, online casinos that are accepting Bitcoin and several other alternate cryptocurrencies are fast becoming the trend nowadays with the growing number of crypto gamblers. That is where most techy and younger gamblers do their thing, and with crypto.

I also think that same way and I imagine that. Yes, it's possible because their’s a lot of cryptos gambling or online gambling that used cryptos as a currency. But what if some regular casino does it either, that they will accept fiat money and cryptocurrency exchange for chips. It will be a new whole level of cryptocurrency adaption. But I think some online gambler doesn't want to show their face in public or refusing some regulations of casinos, especially when it comes to KYC. Also, I think that another problem is the exchange rate; we know that cryptos value fluctuates too much. :)

We do all have different opinions regarding to that matter, but in reality if a physical casino house started to introduce such service allowing Bitcoin to be converted into chip and vice versa, the first business established casino to provide this, will benefits a lot from Bitcoin holders who  loves to gamble. Both heavy gamers and those who just wanted to relax and enjoy the physical atmosphere of casino house will be there to play.

It's not that rare for a normal casino to be accepting bitcoins. In Las Vegas you can find a lot of them:


https://www.goldengatecasino.com/blog/best-ways-utilize-bitcoin-vegas/
https://www.theverge.com/2014/1/21/5331758/bitcoin-now-accepted-at-two-las-vegas-casino-hotels


In my area there's not many casinos and it's even harder to find one that accepts bitcoin but it's not uncommon around the world.

Spending bitcoin in casinos, well it is a great idea. But hey look at the payments with the use of bitcoin, it was clearly just an idea from the past. But now, it has came to reality. I hope that this could be come to reality too, so that there could be another asset these gamblers could have.

It is somehow could get beneficial to gamblers since sometimes, there could be some form of robbery once a gambler goes out with a lot of money. Now, they only need to save it to their btc wallet.

There are hundreds, if not, thousands of websites present that use cryptocurrencies as the main medium/currency in gambling due to its convenience and accessibility to most users especially in this forum. That is also one of the reasons on why there are campaign signatures advertising gambling websites here in the forum for their widespread of existence.

The future of gambling can consider cryptocurrencies as their alternative option for payment but it cannot replace the fiat system. An option cannot entirely replace a currency which is universally accepted around the world especially that the government accepts the utilization and usage of such.

Did you even read what the post says? Or did you just reply looking at the title? The post asks about gambling with bitcoin offline in real life physical casino, not online casinos like crypto-games.net. Please read what a post says before randomly saying stuffs.
I think it is actually possible to have such casinos were one will pay using bitcoin in physical casino, but think about those waiting time due to slow network confirmation.

Meh. I primarily gamble with Bitcoin for anonymity with online casinos so I don't have to submit KYC on any site I want to gamble on, but if I were to be going to a physical casino, I'd much rather just pay using fiat and save my BTC for other purposes (fiat's more convenient in this case), though I must say being able to pay with Bitcoin in a physical casino's an interesting idea and could definitely further crypto and Bitcoin adoption as a whole. Something like the lightning network for Bitcoin could potentially help make things more convenient in regards to confirmation times.

It's happening and I think this will be the future of casino same with bitcoin as the future of currency.
We know, as the adoption increases this crypto gambling industry will grow and that means it will also attract big investors to put their business here.

Who wouldn't want an instant deposit and withdrawal that you just have to pay for a small transaction fee.
In fiat gambling sites, you cannot do that as the minimum to gamble is high, same with the fee.

If you're already going to use Bitcoin, why bother going to a physical casino? Anonymous (somehow), at the comfort of your own home and you don't have to suffer through a haze of cigarette smoke.

I do understand that some might miss the sensory experience of the venue, the placing of chips on the table, the sound of cards shuffling etc... But I think it can get complicated with regulations if they are to allow purchases of chips using bitcoins.

If I want to go to a physical casino, I might just as well use cash. No trail leading to my wallet.

Personally, I don't think it would be an issue

In regular, bricks-and-mortar casinos you don't play with your cash anyway. The point is, if such a casino were to enable cryptocurrency gambling, they would most certainly require you to deposit a few bitcoins before you are even allowed to enter the casino's premises ("proof of wealth"). Well, it is essentially the same process as with online casinos where you are required to top up your balance before you can start playing. So, this is not an issue really

What is an issue, though, is the fact that there is no demand from the gambling public for Bitcoin land-based casinos as this public can easily gamble at home without moving their ass, or exchange their bitcoins to fiat if they wanted to visit a regular casino, Las Vegas style and flair, hookers and all

Google also giving me the results of crypto casino sites not the physical casinos so I guess more people with crypto bets going online alone rather than the physical place but having option to play with bitcoin in physical places also will be more fun and we can find these places in malta I guess.

There are many casinos especially in Vegas that are now integrating with cyptocurrency payments. This is because they now realize the advantages of crypto over fiat in some aspects. It can also help their customers especially those who hate bringing cash. Casinos uses tokens so I can see that buying those physical tokens with crypto is a good idea.

We know that bitcoin is volatile but it is not that volatile that it may fall to 100s of dollars within the time span of a game. I would like physical casino to accept btc for the chips but the only hindrance will be the confirmation time. Maybe they can start this experiment with ETH or Doge coin, as it will hardly take few seconds for a doge coin transaction to be confirmed.

If people prefer to playing gambling by secret, they will choose crypto casino sites because they don't have to go to a physical casino. They can play gambling at their house, and they don't need to tell anyone or their member family. They will stay in their rooms while they can do anything they want.

But with the internet connection everywhere, I think people will try to play online gambling if they feel it can give them a fun thing. Besides that, it will depend on how their government allowing gambling or not. But perhaps, we can try to play bitcoin in the real casino if, in our country, that casino is available for people to play and bet using bitcoin.

It is not as massive as it is in the internet but some of the major casinos in the world happens to accept bitcoin.Bitcoin is a digital currency and as such finds most of its use in a digital form.Online casinos are opening up very often and they all have one major thing in common,they use and accepts bitcoin and other crypto currencies for their main operation.This will not change,bitcoin will always prevail in the digital form most of the time in casinos.

Nah, op didn't mean online casino but physical casinos. Anyway, if ever physical casino will accept crypto I don't think i'll be going. Why would I bother to go outside if just using my mobile phone is enough to sustain my gambling habit, also it's more convenient and it's one of  the purpose of having crypto, for online activity/doing. I also don't want to be a gossip in town that I go to casino.

But should not one stay away from gambling at the first place and if that is not possible, then playing such a risky rather destructive game with crypto currencies like bitcoin or promising altcoins does not make a whole lot sense. Gambling can be fun but honestly only when you win some money. I am afraid that business owners are not this stupid that they keep on giving money to a big percent of customers regularly.

On general thoughts, you do really get the point on why Crypto is being created which is for online transactions and easy accessibility but there are still people

who would look up for some service which do involves crypto even if they do need to go or use it physically just like on what we are seeing on some users going out
and using it on some merchants that do accept crypto on their store or service.It just a matter of preference though.

Yes, the benefits of crypto that we feel now give us freedom of transaction and make it more efficient and anonymous. Not many people dare to reveal themselves to the public as gamblers, but with crypto they can hide their identities through online gambling sites.

I have yet to see a physical casino that accepts bitcoin but in theory it should not be that hard, you could exchange your bitcoin for fiat and then you could receive casino tokens and play with them, then when you are finished if you still have some tokens left you could exchange them for bitcoin, it is not really that complex but I doubt that many casinos would like to do that since they will need to hold some bitcoin and they could lose some money in the process thanks to its volatility

I have not seen one too. Just like the usual process that we do when we gamble through online casino's/dice sites, there should be no complicated process just for the physical ones to adopt it.

The physical casinos has their own processes too which they can modify to adjust for bitcoin. As I've said with my previous post, we're going to that point and they can't avoid the progress and innovation in terms of currency.

I think that it will be worth it if you can convert your bitcoin to another coin so you can use that coin to gamble. You don't have to use a big amount of satoshi in bitcoin, but you can use a big amount of another coin. The addicting person will have difficult to control themselves because they cannot manage their money in gambling. They need to find a way to solve the addiction.

We have a bright future to see bitcoin will be available on the casino, and I think that will no need to wait for a long time. In the country which casino is allowed, they can integrate their payment with crypto so their customer who is familiar with crypto can use crypto too.

because most gamblers love the ambiance of live casino's and the people around them,and another way is they can assess the facial expressions of their opponents things that we cannot do thru online
interacting with other gamblers sometimes gives us hints on how to defeat them or others in tables and not just the dealers is what we are focusing
anyway we have our own preservation's specially in gambling that lays our money while playing

Um no, not all of online casinos have this major thing in common,,, in fact I would say that crypto/bitcoin casinos are still the minority when it comes to online gambling. Most of the online betting ads are still all about fiat/bank/credit card or maybe maximum paypal. Bitcoin and crypto casinos of course appear to us all the time because our google catches our search habits.

This is true. iGaming industry is still heavily dominated by "normal" online casinos which are licenced and regulated. Bitcoin casinos don't need this, but the amount of bitcoin casinos is way less than conventional fiat currency online casinos.

It is still early days for cryptocurrencies. People and I mean a lot of people globally don't know anything about cryptos and it hasn't made the break yet to the masses. This is why cryptocurrencies are not used in casinos either or anywhere else. It will remain same before the monetary fiat system changes or collapses or something else drastic happens. Of course bitcoin use will grow, but to be a major payment method in peoples lives will still take a lot of time. In developing countries this development might be more rapid though.

From my research, they accept Bitcoin for almost anything but gambling. Bellow are two quotes, confirming this:



I've also found some scammy looking ICO promising to exchange crypto for casino chips, and nothing else regarding the matter. So, it is still a question to me, do land based casinos accept Bitcoin for gambling anywhere?

It's not that I would go there, if they accepted BTC, though. Gambling online is much more convenient imo.

In Vegas there were some casinos accepted bitcoin as payment to buy chips but for some reasons I couldn't find them now at google! Due to legality issues I guess.

But when using virtual money then better to go with virtual place where we can be the one to pick what we want no need to force ourselves to play the available games in physical casinos anymore.

People will not stay away from gambling if they can play with hiding even if, in their country, gambling was prohibited. They will always come back to the gambling site, and by using many ways, they can continue to playing gambling. Gambling can be fun or not, and it depends on how we treat the gambling itself. If you think you will run out of the money, you need to stop and not continue to gamble. Of course, the gambling owners don't want to share their money with customers, but if the luck is on their customers, they will give that money to them.

OP knows that, that is why he said

and there are things that you can't find in the internet casino but you can find in the real casino, what I don't like in real casino's are it is too crowded and you could get a lot of secondhand smoke that could give you a lung cancer, which should cost you more than what you could earn in the casino. It's good to have many currencies you could use on a actual casino's, not all of us have plenty of fiats in the bank.

if that would happen in the near future, I guess they'll provide an area which all of the people who wants to gamble with cryptocurrency would be there.

For now i think only online casino offering bitcoin for betting but in real or live i think only cash they can accept. Sir is right many website that offer or accept bitcoin. But in offline casino no one accept bitcoin or altcoin.

I think he  just mean to say is Major crypto online casino(or I maybe wrong)because you are right there that only few online casinos are acknowledging Cryptocurrency as betting tools and the are prioritizing Fiats

Yeah because the Bitcoin ATMs are now spreading the whole Vegas meaning that cryptocurrency is really there and being used for gambling

If offline casinos implement such a system, it will really be wonderful. And it will be really beneficial for the casino as with all the winnings, if they hold it long term, the profit value increases automatically as the price rises of crypto. Hence, it is really something that should be implemented. I think Japan might have some offline casinos that accept crypto.

Which can be a good start to any offline casino bringing new ways of payment system, it will not that long for us to see that establishment like casino house will offer this same with how we are expecting that big businesses will also adopt and embrace this chain.

Bitcoin is also a good asset in the other hands if the owner of the casino aims to hold there's a lots of opportunities same with what you have said.

but offline casinos that implement bitcoin as a payment method can have long term losses, you saw that until recently the price was $ 12000 and now the price is $ 8000, i wonder how offline casinos would do to avoid having big losses if they accepted bitcoin as a means of payment. A few years from now (maybe 10 years) when the market is very large and not manipulated and regulated, I believe offline casinos will be happy to add bitcoin as a means of payment.

For land based casinos accepting crypto would be a good feature that would attract new audience to their premises. How to avoid possible losses? That's easy. They can accept BTC or any other crypto in exchange for casino chips at an undervalued exchange rate, say, $105 worth of BTC for a $100 chip, and exchange crypto for fiat themselves right away. It is very unlikely that they could lose anything this way. And for crypto holders wanting to gamble, 5% is nothing.

Bitcoin holders are going to support this concept a lot and even those who are not using bitcoin would also be able to find out about this amazing currency. In this way, bitcoin users will increase in leaps because gambling is a game which is played all over the world and people love it. Holing bitcoins that you win in gambling can easily make you rich.

I think it's easy for them to exchange the Bitcoin into fiat or stable coins when necessary. After all, there's nothing stopping them from doing that. You don't have to keep your Bitcoin forever, especially if it's volatile and can swing 20% in a day.

I believe most business also do that atm, can't blame them.

but why need to exchange the crypto for fiat if we can just play using cryptocurrency?thats the point of OP why he was seeking if this is possible things that i know its yes

imagine time will come that all we need is bring our mobiles to buy chips without converting to fiat that may require fees and any other issues

just like what we are doing at home while playing online casinos wasn't that cool to have?

They don't need that

If the chips in question are denominated in Bitcoin itself, the problem of volatility is solved automatically (in fact, it doesn't even arise in the first place). That would mean your losses as well as winnings are still denominated in Bitcoin. So no matter how much Bitcoin's dollar price changes, the casino wouldn't be affected by this change. Indeed, their Bitcoin bankroll would have then to be in actual bitcoins (to pay out what's due), but isn't it exactly what online casinos keep their bankrolls in anyway?

While most of the answer is Bitcoin can be converted to Fiat,yet the fact that bitcoin can be used directly is advantage.this can help direct access and help the crypto market also because sometimes gamblers can be carried away betting while enjoying and don’t mind how much bitcoin or any other cryptocurrency they are using or spending

But I think it’s not happening now,or maybe there are some company that considering this because it’s already happening in online casino then why not in real life

The direct payment of cryptocurrency towards casino chips was still working out by gambling developers, and as business still continues to move forward for innovative improvements those possibilities were highly recommended. For now don't consider those fees on conversion as big deals, because it's just affordable and I don't see any glitches which may result to failure of withdrawal or betting activities.

I thought this thread was created three years ago but this is a new post just this year, it's already happening there are casinos that already using Bitcoin on their casinos, online casinos will be taken over by Casinos using Cryptocurrency, I'm pretty sure this is the future of online casinos.
Gambling is the first industry that adopted cryptocurrency and it's very successful we'll see many more industries adopting Cryptocurrency to integrate it into their business.

Bitcoin is going to help casinos owners to get more and more customers or gamblers. This will not only increase the worth of bitcoin but also expand the business of casino owners. I am pretty sure that already many casinos must be dealing in bitcoin or they themselves have bitcoin as assets or side business to make good money.

Right now most off line casinos do not see the need to accept bitcoin, we need to be realistic, how many gamblers do you think have asked those casinos if they could let them play with their bitcoin? In fact years ago I asked that question to a casino manager and he did not even knew what bitcoin was, then i discovered any chance of bitcoin being adopted by any casino is almost zero in my country.

However if bitcoin begins to become more popular around the world then you will see bitcoin being adopted by all kind of business including casinos.

In this case they would need to have two different kinds of chips: regular ones and some with a sign of BTC on them so that a casino cashier knew what to give in exchange for those chips. It would work fine with slot machines, but think of a poker table. What if other players don't want those bitcoin chips? Theoretically, dealers could constantly make adjustments according to the current exchange rate, but imaging what a headache it would be for them. )

But let's admit it, this is a minor issue really

So you want to play poker but for some obscure and incomprehensible reason don't want to have anything to do with Bitcoin (even though "when money talks bullshit walks" and all such witticisms). But you play and you win, ending up with your pockets full of Bitcoin chips

And so what? The winner takes it all, right? So it is not a casino's headache, not in the least. Yep, you got it right - it is the loser who is to pay for the "adjustments according to the current exchange rate" (unless the winner changes his mind in the process, so to speak)!

But yet not enough because we need Live casino that accept bitcoin or even altcoins directly without conversion .in which I am sure that some company are working out because they knew the demand of cryptocurrency worldwide and if they did not adopt this logic then they will left behind

Hoping sooner we will be having this here in Asia as sometimes we are staying longer in casino and our cash runs out,and we can’t convert our bitcoin instantly so having accepted crypt is really a advantage

Not me, of course, but, most of the people don't want to have anything to do with Bitcoin. They avoid it like the plague, sometimes to the point that they don't want to even hear about it. I know this from my own experience, and I think you know this too.

I'm talking about regular people, people with lack of knowledge. Casino owners are not like them. They are either educated themselves or have educated advisers, so they are not afraid of Bitcoin, but they must take into account the views of their customers.

So, I still think that, for the moment, the the best way of implementing Bitcoin in land based casinos is exchanging them for chips by casino cashiers.

Once they tested it and it's compatible with their system, they integrated it and make part of their system, casino operator wants convenience for their users, and so far online casinos are ok with integrating Bitcoin offline casinos are going to be the next inline, Bitcoin is in the adoption period so many industry are testing how to integrate it.

And if there is a big offline casino trying to integrating with bitcoin or cryptocurrency, and it succeeds, then that will be a way for cryptocurrency to be reached in the gambling industry. There will be much other offline gambling will follow that step to integrate with bitcoin and not just to use bitcoin, but they will use another coin. That will be a big step for cryptocurrency to reach more people in all country, especially for people who lived in the country where gambling was allowed.

Its easy since a lot of ways to convert your bitcoin to fiat money especially with big companies. Offline casinos might still not adopt bitcoin because of its volatility, and the value of bitcoin is still a problem to other businesses. Bitcoin and casinos can work together on a different ways, they will find out soon.

why not consider the fees when we can play without paying>??and who told you that its affordable?of course it is but this can be gone if only the cryptocurrency were accepted.
anyway it seems that you are not playing at all that's why you can talk like that
what?where did you get the idea that the thread was created 3 years ago?wondering where you from lol.
for OP maybe we have no chance these days but i am sure this was being considered by devs and teams and might be available very soon

Online and offline is just the same if they can install and use Bitcoin and other Cryptocurrency to their online version, they can also use that in their offline version but the structure will be very different, like real casinos will have to get compliant and license, they have to employ QR code and atm in their locations, I'm pretty sure these casinos will going to do like that if they want Bitcoin holders to play on their casinos.

Some casinos are actually offering games with crypto. In our country, there are casino players who are into crypto rather than fiat which is an advantage for the growth of crypto in our country. Implementing crypto payment would be better and it attracts most gamblers to invest and choose bitcoin and other altcoins. I believe that the crypto industry will merge with more casinos in the future.

Well, I wouldn't call those dudes "regular people"

I refer to the strata of society that frequents Las Vegas-style casinos ("crème de la crème"). They are definitely well educated and we should expect more Bitcoin supporters among them than among the regular crowd. I wouldn't actually be surprised if many of the nouveaux riches turned out to be the new rich specifically because of and thanks to Bitcoin. This is what casino operators must take into account as well

Are you talking about online casino?because what OP asking is in real life casino if we are already using or accepting bitcoin and not online casino that are now having bitcoin and some altcoin as a mode of betting

Things that I think still on process,because they it wasn’t offered in real(or maybe I’m missing something)but in our place still none of this are happening

Online gambling is the first to embrace it, so it's expected that casinos will follow the trend and it's only a matter of time, they have to study the structure and upgrade their system to accept Cryptocurrency, but it's already happening on some casino maybe five years from now we have 70 of casinos using Bitcoin, because it's the future payment, that they cannot ignore.

In a real casino? I guess that the crypto will become popular in your country in a gambling field because I think in the real casino, they only use fiat and in online gambling, which using cryptocurrency as the bet. But yes, if crypto can be used in the real casino, that will help the growth of crypto in that country and no matter if only the gamblers will use crypto, soon it will reach more people in that country because they will tell their story to other people how they can take the benefit of cryptocurrency.

I remember some casino in Las Vegas that accept bitcoin as a trade to a chips but I don't know what casino is this, this is not an online casino in which you can play on their website, but I dont have any news right now if it is still regulating. But most popular right now if you want to gamble your bitcoins is through websites in which you are playing also in a real players but it is on the internet. I think it would be hard for now to says that this would be the future of casinos because many people still want an live gambling and live casinos.

Online gambling is the first ones to embraced crypto or accepted crypto in their sites. Now there are some casinos who are accepting Bitcoin and other cryptos as a payment for the chips already. Even though there are some online gambling sites already, there are still gamblers who prefer gambling in a casino rather than online and there are some gamblers who doesn't know Bitcoin at all.

For me, in the future there will be some people who are gambling in casinos that will just gamble online for some reasons but still the gambling industry will be huge as always.

I agree with you on "crème de la crème" that most of them are well educated, but these people do not make up the majority of Las Vegas visitors. Take a look at the stats:


I presume that over 90% of those 40 million are not "crème de la crème", don't you think?

The vast majority of Las Vegas visitors are middle-class customers, and although some of them still can be well educated, most of them are definitely not.

Yet I think you are absolutely right regarding the new rich. Folks from the crypto community will be joining the multi-millionaire squad with increasing pace, and casino operators should definitely take that into account.

You should've mention on which crypto you're living. It's hard to guess if there's no clue so that we can verify if that's really happening there. And if that's actually a legit thing on your country, that's actually a good initiative for that casino.

Online casinos became one of the industry that adopted bitcoin and altcoins as follows. No doubt that nearly in the future, the physical ones that sees an advantage or see it as another gateway for their gamblers will adopt it.

As far as I know, some people who use bitcoin aren't confident when playing at offline casinos.
They're comforting when they're playing in their safety zone, so that why online casino more enjoyment for bitcoiners.

Also, most bitcoiners play with anonymous identities for privacy reasons.

There still exists a lot of gamblers who play for fun on physical casinos. Not everyone is using or knowing about crypto and many of them dont adopt or think bitcoin to be worth using. Some, like in popular media consider it to be a ponzi, though for bitcoiners they know its not true. So this is more of a bitcoin Vs Adoption context.

Privacy is one thing and bitcoin is pseudo-anonymous. A good blockchain forensic service can find out a lot of information on the address spending the coins and casinos need to do that for tainted sources. It does give a mode of privacy but its not completely so.

That's the benefits of using bitcoins when playing online, they are enjoying the comfort playing inside their own place without worrying
that someone might see them, the privacy and the easy way to transact are the factors why bitcoiners chose this venue to use as an
alternative to real offline casino,

Many more people adopting this feature using anonymous gaming.

I would not either! Regular people are actually a lot less knowledgeable about things that even they do a lot. Like me, for example, I gambled quite a lot online for a very long time but I only found out about provably fair and house edge when I came into crypto, believe it or not!

And I bet there is still a lot of people like me who have yet to understand crypto and gambling.

that's already happening, casinos support bitcoin bets, and even more modern cryptocurrency gambling,
and of course this is a future casino development, in a few years I am sure there will be more casinos and more sophisticated gambling with bitcoin or cryptocurrency bet and payments.

I think it is already happening in online casinos that they are now accepting bitcoin and other cryptocurrency as payment or for them to be able to play. But in real casinos, i don't think it is already happening because bitcoin does not regulated by the government that they can only accept fiat.

Was it Mark Twain who said that there are three kinds of lies?

Namely, lies, damned lies, and statistics. And since the intensity seems to be rising from left to right, we must assume that statistics are the most insidious and treacherous form of lies, even more damned than the most damned of all lies. More specifically, we don't know how unique these visitors are at all

As with online gamblers, there should be gambling addicts as well who spend their whole days, or rather nights (or maybe even days and nights), at the tables. In this way, we should be very cautious to draw any definitive conclusions from these figures as to who actually visits these establishments and how often


In fact, I heard that narrative many years ago, that the majority of money comes from simple folks. But that must be an urban legend, myth, or something to that effect


New money versus old money

While merging is on the way,yet people are looking for alternative just like online casino that a Bitcoin can be use as support money because sometimes in late hours it happens that we are lack of funds and even credit cards is in max debt so the last option is our crypto assets in which I think advantages also for the gambling operators if they will only look at the probability of bitcoin can grow in just a day but also may fall at same way

;)
As I said above:
My post about the people who use bitcoin, not everyone who plays at the physical casinos (offline casinos).
Btw, I agree with you about the privacy, I just thinking about online casino with super KYC.
we use bitcoin at the casinos, but we must verify our identity for withdrawing.

the possibility that people who bet with bitcoin for a casino I think he must have the confidence and ability to benefit in the casino, people who do not have the skills to bet in the casino would not dare to do that.

^ If they are forcing to implement KYC in an online casino, probably gamblers will go and stay away because usually, gambling did not have KYC especially if using only crypto when in terms of depositing as a fund. Not necessarily to verify our identity when we are going to withdraw in casino they have use if not implemented KYC. Possible if that is a huge amount like thousands of dollars or millions but beyond that, is not necessary to do so.

The casino owner said KYC for removing bot user at their casinos.
Probably in this case, the casinos have a big bonus for their user, and the bad guy seeing this as opportunity and use this situation for cheating that casinos.
At another case, its about regulations of the government where that online casino belonged.

there is no local casino in my city but I know a lot of big casinos that accept cryptocurrencies like 1xbet not just bitcoin but even tron and eth and some other crypto

Not really surprising, if merchants can add or use it why not casinos, there are many gamblers online that are Bitcoin investors that wants to gamble in casinos and they want to use their Bitcoin to gamble, if they are not yet added I'm sure majority of their gamblers will request to add Bitcoin, gambling operation always evolves and they want mileage and to covert a lot of territories it will be to their advantages if they can add Bitcoin.

Offline bitcoin and crypto has not achieved yet a major acceptance but it is in the starting phases which I think is good.I think that in 2-5 years from now many big offline casinos in different countries of the world will be accepting bitcoin for sure and other cryptos maybe as I am not sure about other cryptos.

But the problem is until now it does not happen,I don’t know what hinders the casino owners to apply this as cryptocurrency is already a big profit area in gambling in our time now,or maybe they are just in the process and only taking small delay to start ups
Lol that has been said for my times above you ,and was not given?were in crypto world and we keep on seeing gambling Signature here ,no need to mention that again

I guess so because the existence of online gambling now becomes popular, and people can easily to find and join in the online gambling. With support from internet access, people don't have to worry about joining online gambling, and they can use VPN if their country blocked the connection. People now still use the traditional casino, and they still use fiat because the casino was not integrated their payment into bitcoin.

But they must worry with bad platform.
This is online world, at one side you will allow to joining the online casinos. easy access to playing the game, etc.
But at other side, the bad casinos will scamming you and freezing your money, especially if you have big money at your account.

I checked out 1xbet on Google and it shows its an online gambling site.
OP was actually referring to offline casinos but if the one you are talking about is an offline casino. Then your state must be quite ahead.
I haven't seen offline casino that accepts cryptocurrency in locality yet but if one is established, then its will be a welcomed development.

I don't know some place where you can play gambling using bitcoin than playing gambling online through the use of bitcoin. I only see people plays gambling using their bitcoin is just by online gambling and also online casinos etc. I think the reason why people choose this because this is more convenient and hassle free to go on an live casinos. If there is some casinos that uses bitcoin in gambling using live casinos kindly please correct me thanks.

For the time being there's none that we know but I saw someone commented about this before specifically on this thread.

Here you go, I've found it.

So the best is to not even think about joining any sort of casino because the fact is all these sort of business want is snatching money from common users. Gambling is an addictive game but the side effect is it involves big money in it. You cannot play unless you bet your money. Common sense, we all want money and casino owners have no different desire. They fill their pockets from customers who lose money.

Considering how casinos are regulated, they might require you to send in the bitcoins through an exchange that adhere to the KYC policy. Can't really complain about anonymity in such case since your identity is pretty much known when you enter the casino, you even have CCTV footage.

Though there might be some hassle of having to send in the money every time you want to play a table or slot so probably the casinos would develop an app where you can send the amount first.

Mark Twain was living in 19th century. Stats back then and today are two different things. Newsmen in 19th century often presented their lies as statistics because there was no way to check the facts. If, living in the 21st century, someone doesn't believe in statistics, he/she is pretty close to flat-Earthers, imo. It's a dangerous way to live, if you ask me. :)


C'mon! You are an economist, and you don't know that the majority of money comes from simple folks? I just can't believe that! I've been admiring your posts here since 2015. It's unbelievable what people can say in attempts of winning an argument. :)

---

Of course I know that questioning my own opinion is always healthy. So, if you have some reliable sources telling that the majority of the visitors of Las Vegas-style casinos are very rich people, or "crème de la crème", as you put it, I'd love to see them.

Very often my friends express their opinion that online video casinos with a real croupier are becoming more and more popular.  Of course, it is good if such a resource provides the opportunity to use cryptocurrency, since at the moment it is the casino that is the place where you can spend cryptocurrency and have fun.  But I would like to see other possibilities when Bitcoin and other cryptocurrencies will be used in physical casinos.  But it seems to me that certain problems can arise with this, since all the regulators that control the gambling business are also governed by certain laws, which means that if the cryptocurrency is not legalized, then we will not see Bitcoin in Las Vegas, for example.

I think using bitcoin to bet on the offline casino is not that good. It will delay the process, what if there is network clogged and every time you bet there is transaction fee very hassle or I am thinking the other way?  ;D Maybe we can use it to buy or exchange it for some chips instead?

Was that actually intended as a piece of irony or sarcasm?

Or do you really believe that today's newsmen are less immoral that their colleagues from the 19th century? The problem is not with stats as such but how you interpret them. In this particular case, when you see that 40M people visited casinos, you come to think that these are all different people. But we don't know that for sure, and thus can misinterpret these stats in every possible way. That was Mark Twain's point as I see it, that the same stats can be explained and understood in quite polar ways


Actually, a wealth distribution chart typically reveals a completely different picture


What do they say, seeing is believing? Have you been to Vegas?

Yes I think Bitcoin is the future of casinos but the future of the online casinos, not the brick and mortar ones. Because Bitcoin brought the provably fair concept. And with that players can now trust the game and not being scammed by shady tricks. So it's a real breakthrough for the casino and gambling world.

Yes, we need to search the recommended gambling site so we can avoid the scamming. We don't want to see our money will disappear in the gambling website. Gladly, here, we can found many recommended gambling websites, so we don't have to worry about the bad platform. All we need to worry about is how we can manage our money, so we don't lose all the money at once.

I've never been to Vegas myself, but I've heard stories from people that were there couple of years ago. It's from them I learned about the common misconception regarding the average crowd in Las Vegas. Going there they were expecting to see what they saw in the movies, the elite, the crème de la crème. But in reality they were constantly encountering people who were looking more like rednecks and such.

Also, I've found an article on Quora with street photos and one pic inside a casino, from which you can get an impression on how the average visitors look in Las Vegas. Here's a quote from the article:


I know it still proves nothing. But what I failed to find is a single article telling that only rich people visit Las Vegas.

As far as I know, the forum doesn't moderate scam platforms, we must carefully with some casinos offered at these forums.
Jollygood (https://bitcointalk.org/index.php?action=profile;u=1016855) is my favourite catcher in revealing a scam platform with solid proof to do so.

The reason why I always checked in the scam accusation board to get some information there regarding scam project and gambling site as well. Yes, that member is very active in catching and revealing scam online casinos. We're glad that we had a member on this forum spending effort to reveal an unprofessional or scammy casino gambling company.  Once you are here in forum choosing a good gambling platform there is the assurance that you are safe from a scam. Be responsible for checking their platform before depositing some amounts.

yes several casinos In Las Vegas now accept Bitcoin.  I have also seen where some let you cash in Bitcoin for US dollar. Then at the end of the night purchase Bitcoin with the money you won!  I don't think bitcoin is wide spread enough yet for them to make there own tables slots an etc. Bitcoin is slow when it comes to transactions If i was to build some type of electronic gaming I would build it on Tron. It is cheap and super fast!!!!

At least Vegas now is really into crypto as I heard tons of bitcoin ATM spreads the whole casino places?but if I am to choose?i rather use Doge than bitcoin because it’s more cheaper specially when Hype is happening in bitcoin
It’s been answered below you that in LAS VEGAS casinos are accepting bitcoin ,but I think to buy chips only and not literally bitcoin as instant bet in games

And you know what that means?

That Las Vegas is extremely overhyped, while its appeal and public perception blown completely out of proportion! Okay, with Las Vegas done and out of the picture, what can you say about the Monaco casinos (of the Monte Carlo fame)? Here we should definitely meet the crème de la crème of the gambling world and financial elites as it literally refers to the French origin of the term (with French being the official language there). In short, do Texan rednecks and their European peers frequent those casinos too? Can't believe that!


Maybe, all these crowds of tourists are only eyeing the rich dudes there (with their eyes wide shut, of course)

It's mean the casino accepting bitcoin to buy the chips at the day rate (commonly they use coingecko for the btc rate),
We can not play with bitcoin, we need the chip on the table.

But I'm not sure how long they will get the chips after transferring btc, as we know some platform will accept the payment after 1 confirmation, and 1 confirmation will take 20-60 minutes.

Most casino gambling sites have applied bets using bitcoin and of course this service is connected to the internet network. there may already be a number of casino gambling venues that can accept bets using bitcoin directly and of course casinos must provide bitcoin properties like existing casino gambling games, because after all bets using bitcoin must be connected to an internet connection.

The idea of using bitcoin in games is great but in gambling is painful. It is like someone is just throwing away his bitcoins. It would be much better to spend those coins that are planned to be used for such risky game in charity so that at least the holder will help some poor soul. Instead of wasting time here, it would be much beneficial to do bitcoin trading and make good amounts of money.

Given that it requires an internet connection but he's not directing to the online crypto casinos that are obviously accepting bitcoin. He's asking into those casinos that are established locally that are accepting bitcoin.

Like, you can gamble with their slots machine with bitcoin. I haven't seen the process but as been said, this is happening in Las Vegas and probably somewhere else.

Its not the future its the present, where Bitcoin helps makes gambling easier it can be expected to expand but that doesnt mean there isnt a continuing reason to have conventional gambling using FIAT or a variety of currencies.
   I think the velocity of currencies is raising over time across the globe, it will peak at some point and settle down but meanwhile this atmosphere favours crypto as a means of fast payment without red tape, various costs.

This is definitely going to be the future of the casinos online and offline, and it's actually happening some Crypto investors are also gambler and prefer to play on gambling casinos that accept Cryptocurrency whether it is online or offline.
I believe gambling is the first industry to fall because it is easy to integrate it, gamblers can track their payment and withdrawal and so are the casino operators.

That is what I think for the first time I gamble, but later, after I found dogecoin can be used in gambling, I try to use dogecoin than bitcoin. And I like it. I don't have to use a big satoshi to gamble, but I use dogecoin, which can minimize the amount of satoshi in bitcoin. Using 0.005 btc for buying dogecoin will give us a lot of amount of dogecoin, so I can use it for gambling for at least a week, depending on my bet.

Using bitcoin for trading will be a great idea than to use as the bet because, as you said, we can make a profit in bitcoin. The profit in bitcoin can be used to trade for another coin, or we can convert into fiat.

Well i can say bitcoin and casino are much related, in internet i see lots of online casino which offer crypto services, you can play and and bet using crypto currencies, and i personally experience playing in some casino site well there are some articles that state's some casino sites are scam but thankfully i pick a legit one but even i have fun playing because of i can play anywhere and anytime, i get addicted and later on stop or not totally stop but less the frequency of playing, because it affect much on my profits and studies.

what do casino and bitcoin have in common/related/alike? the only reason why bitcoin is such a hit in online casinos is because
of its convenience and is accessible even to countries  where gambling is illegal. also the OP is not talking about online casinos.
you should really read the OP before posting anything to avoid posting off-topic stuffs.

I think you are right, the Monte Carlo Casino is different. However hard I tried, I couldn't manage to find any evidence that the most players there are not rich. Average Joes do visit the place, but mostly as tourists, paying 17 EURO for entry, walking around, making photos, making several bets at most, just for the record, and leaving.

So, returning to where we started, the cashier of the Monte Carlo Casino should rather be accepting BTC, because it is very likely that a big part of the players there have it, and would love to have the opportunity of exchanging it for casino chips. I read that "the cashier exchanges any currency" in the Monte Carlo Casino. So, why not Bitcoin then?

You are a little bit off topic, the OP was talking about using btc to gamble in brick and mortar casinos, not on line. IMO I think we'll have to wait several years from now to be able to gamble in btc in real casinos. But it will be a great move.

Woah. Las Vegas adopting Bitcoin as casino money is something to be appreciated. It just means Bitcoin is getting more mainstream than ever. They will be sure to contribute their own part in the growth of crypto. It's only a matter of time when Trump will add bitcoins in his own casinos :D

I cannot help myself being happy by hearing the idea of bitcoin going mainstream because it highly deserves that but like you said, it requires time. However, I am not in favor of using bitcoin in gambling games, at least not now. The reason is very simple. Bitcoin is still at its early age and fluctuates a lot as it is a potential coin. So the best is to keep it in wallets and not risk in gambling.

See, this is just another argument to say that merchants should not use bitcoin because it fluctuates in value. However I would not go with this argument. I feel that the daily upswings or downswings can be calculated real time just like we have in gold shops where the current price is used to calculate the value of the ornament that you buy.

In this similar manner a brick and mortar casino could use bitcoin to accept deposits. But the problem is the acceptance and popularity of bitcoin.

The few problems that happen are:
1. Loss an anonymity that bitcoin was providing you. You are giving yourself away here.
2. Chances of getting attacked outside the casino by stalkers/robbers/scammers.

Now when an online casino can keep you safe from these problems, why would one go for the land based casino?

Maybe, high-class hookers as in blackjack and hookers?

Well, you can indeed ask why go to a land-based casino if you can just get along with hookers alone, but then I could ask you in turn why go to hookers if you can be as happy with your wife (or even without a wife)? This is the same with online casinos as they are more like your wife if you have one, or whatever. But if you are not quite content or happy with the package that your wife comes with, there are hookers, there are land-based casino as well to make up for the void you may feel

It depends. If bitcoin survives, then I think online Bitcoin gaming and betting venues will also survive. I don’t see any reason for disappearance of the current bitcoin casinos. Both gambling and cryptocurrency aren’t expensive toys for rich people, but popular ways to take a rest and gain profit at the same time, and the more convenient casino sites, the more clients it has.

Speaking of convenience of usage, bitcoin casinos are much handier than common ones. They’re anonymous and don’t require transaction fees. Moreover, the fact that player don’t need play taxes for bitcoin winnings serves as extra stimulation to using them. roughly speaking, gamblers have many reasons to switch from common casinos to bitcoin ones and many already did so. In such case we have all reasons to say that Bitcoin gambling sites are going to dominance and prosper.

Taxing Bitcoin gains is just a matter of time. I'm sure governments will find a way to implement a taxation system, and the casinos that want to stay afloat will comply. But that's not to say that gamblers will be playing less in online casinos because of that. As you rightly said, there are many reasons to switch to online gambling, and I think in the nearest future at least 50% of all gambling will be taking place online, while today it's less than 15%.

You must change your view on bitcoin because bitcoin will never be an expensive thing to adopt when you are using it for your day-to-day transactions, for example: gambling. I agree bitcoin is expensive but only when you are planning for your investment. You buy and you spend and within that time we assume price fluctuations will not be big then there will be no big expenses incur for you. As simple as using your fiats.

Interesting data. I wonder what will be happening if more than 50% of gambling will be happening online and that too based on cryptos, I'm sure on that occurrence of such wonderful things, definitely bitcoin prices will be testing million dollar levels. I am pretty sure that gambling industry must be playing a very much vital role in making people adopting cryptos yes especially bitcoins. This must be win-win situation for both bitcoin and gambling industry.

Depends on the country but players shouldn't be paying taxes anyway, it should always be the company.    This is a question in general for every economy, how do you tax a global company which isnt even based in your country and yet its serving your population and making profits.   At present the global companies are managing to dodge any large amount of taxes though most large operations do comply with sales tax or possibly other taxes.   For gambling the law is often a % charge of the yield, gambling can be seen as a fiscal budget support in recessions like alcohol or tobacco as it doesn't decline in the same ways that normal business can but if the gambling is all done abroad I would guess thats seen as a problem. 
   Maybe for that reason we do see the promotion of Bitcoin in physical casinos because governments want people to be part of a system included in that countrys economy rather then being anonymous online, we know there isnt any simple way to stop people doing as they wish really.

If you can look back to the some posts in this thread, you will see that there are local casinos that are accepting bitcoin. Yes, for real. You can't gamble directly with bitcoin but you have to buy chips first and what's good with it, is that you can buy bitcoin for it.

I might say that the example astonished me. Being honest, family has its own place and nothing can really replace it. Believe me I am getting from where you are coming but still, it would be more civilized to not compare your soulmate with casinos and no human is perfect. It is good that we have option of online casinos and can play from home. No need to walk long distances. But I am against risking bitcoin in gambling.

We are already reaching to the point on discussing out about hookers and wife.Well this will vary on a person because we do have
our own insights in life and making up decisions that will either be bad or good for you.Important thing is that you are aware on what are the possible
consequences that would be faced up if you are being busted.

Setting it aside about online and land based ones.Its a matter of self preference on where we do like to play.

I cant imagine BTC coming live in brick & mortar casinos as there are still major restrictions when it comes to crypto. Nations still across the world are not supporting BTC, rather they are not supporting cryptocurrency as it is decentralized. Also, anything digital is prone to hacking and can lead to a big heist. I don't think crypto would ever come in casinos, and throwing that cash on the table is another feeling.

In fact, I didn't mean it as a comparison (as in something being better than something else)

So if that gives you peace of mind, think of it as an analogy. In other words, if you are happy with your wife (and online casinos), go for it and don't look elsewhere (as they say, no accounting for tastes). On the other hand, if wifey (or hubby, for that matter) ain't your thing, and you honestly believe that the only true love you can get is from your dog, then there are hookers. And blackjack. As in land-based casino. This is meant as a reply to a question why one would go to a land-based casino (read, to get the whole package)

Even if there was an opportunity of gambling directly with bitcoin, I would have advised to not go for that. Risking world’s most precious asset in risky game like gambling will eventually become regret. Instead of wasting bitcoin here, it would be much better to forget about bitcoin for few months and then come back. You will be richer than your expectations. Bitcoin holders should recognize worth of their holding.

Are you new to bitcoin? gambling is one of the huge taker of bitcoin with daily usage. I think you're forgetting on what section you're commenting.

There's a lot of gambling topics here related to bitcoin gambling so don't be caught off guard as if it's only a chance to gamble directly with bitcoin.

It is not still happening, I don't know why but for me there is no problem with it even with physical casino's and online casino are still the same for me as long as the physical casino has its own cryptocurrency wallet that can be used to bet with their casino without withdrawing any cash. It is going to be helpful for those who just wanted to use their mobile phones and to those who doesn't want to go outside just to withdraw cash.

I would be happy to agree with you, but millions? Hardly. If instead of 15% of their current share, crypto casinos will have, say, 60%, the extreme maximum for Bitcoin price rising caused by that would be 4 times, or around $35,000 - $40,000 for 1 Bitcoin. But the truth is that Bitcoin is supported not only by crypto gambling, so further Bitcoin adoption by casinos, online and offline ones, can make even lesser impact on the price of Bitcoin.

I understand your point. Bitcoin is the best that can happen to anyone in his whole life. There are many ways to increase the number of bitcoins and gambling should not be considered one of them. But the idea of crypto gambling is attractive in its own way. It is also safe to gamble with bitcoin if the amount is a small one. With putting such limits, bitcoin gamblers can enjoy the game without injuring themselves.

Considering the capital hold with casinos, I dont think that the casinos would move from public ledgers to crypto keeping in mind their proneness to hacking. Crypto being decentralized and anonymous make them not suitable for traditional casinos environment.

For some reason everything won't get moved to the bitcoin usage. Bitcoin is all about technology, but for casino business owners it is a must to attract all levels of people. Upon this it is quite hard to see bitcoin as the only source to spend on casinos offline. Maybe in the online casinos such a scenario can change as most of the people who prefer online casinos have system knowledge.

What makes most of Bitcoin's popularity is that because of gambling. There we can see the usage of Bitcoin and some cryptos as a currency which tends to be like that rather than to consider as an investment. The bad thing is that we can't make use of these when will go into offline casinos. It is quite to see that online casinos are increasing in numbers just because of this.

That's because there is no massive adoption first, but just don't make things complicated, we have our local exchange right, so just convert that to fiat so we can spend it right away. I know everyone of us wants to just use bitcoin so there's no need to convert anymore, but lets give it a time, eventually as the adoption continues we might see bitcoin to be mainstream in the future, for now, let's just enjoy using it to our activities online.

Do you mean traditional casino but adopt Bitcoin??   I think it will be very interesting because each player does not have to bother carrying a suitcase with large amounts of fiat money to traditional casino..  each player will be safe because every transaction they make is only in devices that store other Bitcoin/Crypto wallets such as smartphones, laptops, and watches.  I'm sure the future of traditional & modern casino will adopt digital money and cryptocurrencies.

It's not that we suggest land based casinos to change the way they operate and go online. They are good on their own, but they should definitely consider exchanging Bitcoin for their chips. Gamblers who prefer physical casinos to online ones will hardly change their habits, but a part of them, and this part is growing with time, has BTC in their possession, and they want to have the opportunity of exchanging it for casino chips.

So basically, you are saying that traditional casinos are safer than those using crypto. If I am not wrong, gamblers do get robbed in the traditional casinos to. It is not like these give security guards to all of their customers. Crypto currencies will secure them because they are popular for their security. It is not that easy to hack them as it is to rob a person when he is physically present.

I don't think that the gamblers will carry a suitcase because if in the traditional casino, every rich people will use a check or card to buy the coin in that casino so that it will help them to prevent the thief. But if the casino can transform by using bitcoin for making a bet, I think that would be simple than the check or card, because they don't need to use that thing and they only scan the barcode to convert their coin with the casino coin. Yes, maybe that will happen in the future after the government accepts cryptocurrency.

If you are gambling to increase bitcoin on your wallet then its wrong but if you want to gamble and have fun from it the bitcoin paves the better way for it,you can just deposit it into sites directly with no verification process and like he said you can buy chips instantly for any amount no need to wait for banks to confirm and proceed your transactions.

Someone wanted to become rich with bitcoin but is not willing to spend bitcoin as a currency is odd. Do you know that the best thing for bitcoin to happen is to become an ordinary currency just like fiats? The best way for bitcoin to become very valuable is to become the currency for everyone? Bitcoin will fail if everyone's mentality is like you.

i think it will be better to not ask the casino for the coin. Bitcoin and ethereum are already being used by gamblers in gambling game and the casino just provides this feature. You must have these digital coins beforehand. Like for gambling with fiat, gamblers have fiat before gambling. If a casino provides the feature of buying digital currencies from them, that would end up in a lot of transactions.

The digital things only use at online casinos. For the offline casinos, I think it will be difficult if you use BTC/eth at the table.
IMO about offline casino's transaction, your BTC/eth must be deposited at the casino's wallet then exchange for casino's coin.
Maybe the casino's exchange rate: 1 coin = 1 sat  :D

Actually, that remains an open-ended question, so to speak

The truth is, we don't know what drives land-based casino operators, what is on their mind, and because the online gambling business seems to be on the rise (rather, it has been on the rise since 2013 and early PrimeDice times), we don't know for certain if these operators are not in fact behind some of these businesses. Do we know who is actually behind this or that casino other than some nickname over here? We don't know that, but given the financial leverage land-based casinos certainly have, they may have already been in the online gambling business and since long ago (keeping it quiet as they always do)

You mean, playing in casino in real life and having Bitcoin as a bet? It seems impossible I guess. Bitcoin is a digital money and as far as I know it can only access through the use of internet, meaning any transaction regards with this form of currency can only executable online unless Bitcoin have a physical coin that can be used in physical transactions or activities. In my case, it is enough for me to use cryptocurrency such as Bitcoin for online transaction where it perfectly originated.

Playing in a traditional casino with bitcoin is not impossible rather an option that casinos need to introduce for their customers. Bitcoin and ethereum are already being use by many online casinos and in the similar way, land casinos can offer this opportunity. If the casino has its own wallets then it is possible to gamble with crypto currencies. This will happen later if not sooner, just a matter of time.

This is complete bullshit. Where do you see gold being spent like a currency? You don't! Can you say that gold failed because people have mentality of hoarders? No!
I know that Satoshi wanted Bitcoin to be a currency but if it becomes digital gold and a store of value it won't fail. It will only have different use than what its creator had imagined.

Gambling with bitcoin to hold the winnings is also a legit use.

When this two combine then it will attract many players to play gamble but most of them they will not used bitcoin for payment due to its an expected value. For me if I have Bitcoin then surely I will hold it than spent it for casino because its really regretful to not take the opportunity to hold it for long time. When playing in casino its better to used fiat but Im not promoting to do gamble because still is not good if too much on it.

Indeed, as time goes by there are many inventions out there that could benefit all casino platform. Nowadays many gamer are using bitcoin as their medium in every gaming casinos.
But there are some countries doesn't not welcome bitcoins as they medium in playing them, I guess because of it's volatile and everyday can change the value of it. Not just like fiat currencies that has a fixed value on it.

If you are a business-minded into your casino you need to adapt to the changes because from the previous years we are using the fiat currency just to play gambling and today one of the easiest ways of the transaction is with the bitcoin by just sending your address you can now make it easy to transfer your funds and many gambling casinos already do this because it is less hassle and also it is secured too. The use of bitcoin is to make easier the process of the traditional way. Still, we are looking forward that the people who will use this.

Indeed. Since everything is starting to get some upgrade it would be better if some casinos will start to adapt blockchain technology and bitcoin because the use of bitcoin in casinos could be much convenient and less hassle for every gambler who has bitcoin or cryptocurrencies when it comes of making transactions.

The numbers are increasing or not is still not backed without proof. People here say this without providing proof so it is still a speculation. Considering the fact that fiat has a much bigger usage that bitcoin, fiat casinos are the more in number and frequency. Maybe the number of bitcoin casino players are also increasing but that increment is very small. Otherwise we would have seen a big boom which is still absent.

Thats is irrelevant in this case. A country where bitcoin is illegal does not come when you are trying to calculate the usage in legal form. Of course off the charts transactions occur but adding those into a statistical data would become tough.

Just be aware that as there are many bitcoin casinos, there are also many which are very much not recommended fro many reasons.
Before you send any crypto elsewhere, because its irreversible, make sure to read some good review and make sure you know that you keep yourself and your funds save!

If you are not sure, ask