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Author Topic: Is Bitcoin the future of online gambling?  (Read 31495 times)
Mikez
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March 19, 2017, 12:57:19 AM
 #961

Bitcoin is definitely a future of gambling as it give you an privacy to gamble without disclosing your identity and you don't have to share your personal details so its an blessing for people who are addicted to gambling.

Yeah and if you want to gamble in real world then you need to be 18+ but in bitcoin there is no age limit and even kids can start gambling if they are aware about bitcoins and if they are holding bitcoins in their wallet and we will see massive growth in gambling industry in coming years.
Yes, I agree with that, mate.
Bitcoin make a gambler life is easy. I think you can start gambling without fearing of your documents or anything else to steal. It's just create a web wallet, which you can store your bitcoin there and just gamble, with cryptocurrency in top security.
I advice many people to gamble in directbet.eu, which you can placed bets without creating an account. It's easy to use.

Yeah directbet.eu is the most popular site when it comes to live betting on sports and the best thing is you don't have to create an account nor you have to make an initial deposit and they also have online casino where you can find multiple games to games to gamble.

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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MinerHQ
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March 19, 2017, 01:00:35 AM
 #962

Bitcoin is definitely a future of gambling as it give you an privacy to gamble without disclosing your identity and you don't have to share your personal details so its an blessing for people who are addicted to gambling.

And for people from a country that mark gambling as an illegal activity, bitcoin and other crypto currencies give a better solution for them. Hence, the numbers of people who will gamble using it can be significanly increased.

This is the main reason bitcoins are becoming so popular, and Bitcoin prices are going up as well. Bitcoins are becoming more and more popular in gambling and porn industries. Many countries don't allow both of them, but due to bitcoins, many people find ways to use these things more conveniently from home.
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March 19, 2017, 05:31:03 PM
 #963

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.
Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.

.
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Amadues
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March 19, 2017, 05:37:35 PM
 #964

yes send btc with a decent fee for a bet is a good choice.
your tx is rapid processed and you get the wins back (in the scenario you won).

but I think in the long period btc is not suitable for a bet, due the high tx fees.if you need to pay each time a plus and wait for money come back the advantage of btc itself (rapid and economic) is missing.
only big stakes will maintain this advantage.

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March 19, 2017, 05:38:32 PM
 #965

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.
Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.
the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.
Mikez
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March 19, 2017, 05:39:52 PM
 #966

Bitcoin is definitely a future of gambling as it give you an privacy to gamble without disclosing your identity and you don't have to share your personal details so its an blessing for people who are addicted to gambling.

And for people from a country that mark gambling as an illegal activity, bitcoin and other crypto currencies give a better solution for them. Hence, the numbers of people who will gamble using it can be significanly increased.

This is the main reason bitcoins are becoming so popular, and Bitcoin prices are going up as well. Bitcoins are becoming more and more popular in gambling and porn industries. Many countries don't allow both of them, but due to bitcoins, many people find ways to use these things more conveniently from home.

Porn and gambling industries are gonna huge in future due to bitcoins when more and more people will start knowing and using bitcoins and people have an addiction to both of this things and they will be willing to spend huge amount of money to satisfy themselves.

wxa7115
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March 20, 2017, 06:14:21 AM
 #967

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.
Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.
the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.
The average person cannot see your history of transactions if you use a credit card that is true but that is  not much of a problem if you tumble your coins before you use them in any activity you would not like to be associated with you like gambling.

.
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Jasad
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March 21, 2017, 04:18:50 PM
 #968

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.
Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.
the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.
The average person cannot see your history of transactions if you use a credit card that is true but that is  not much of a problem if you tumble your coins before you use them in any activity you would not like to be associated with you like gambling.
yeah i know the problem of online gambling are when people want to stay anonymous ,
means their privacy about their identity will secure with bitcoin ,
no documents asked , nothing , just an email + password and you are good to go ,
that is enough to attract more player , but most casino still doubt to accept bitcoin due some reasons.
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March 21, 2017, 04:46:57 PM
 #969

It is, in countries like mine wherein online gambling is frowned upon. It makes entry and cashing out neat and easy, without risking your identity.


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Caladonian
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March 21, 2017, 04:54:23 PM
 #970

The future money of online gambling I guess.
Bitcoin is more popular on using in gambling sites or online, the advantages was totally use by its users the anonimity on betting to the games.
Bitcoin is great for gambling too because if you send your bitcoins with a good fee, you can begin to play in a matter of minutes instead of waiting days, also bitcoin is great because it allows us to play without anyone having to be notified about our activities, so that is great.
the problem when you used credit card or bank account to deposit you can't trace your transaction ,
when in bitcoin it is pretty transparent , you can see your money come ,
that whats make bitcoin more than fit into online casino ,
i expect in few years ahead most online casino will accept bitcoin as payment.
The average person cannot see your history of transactions if you use a credit card that is true but that is  not much of a problem if you tumble your coins before you use them in any activity you would not like to be associated with you like gambling.
yeah i know the problem of online gambling are when people want to stay anonymous ,
means their privacy about their identity will secure with bitcoin ,
no documents asked , nothing , just an email + password and you are good to go ,
that is enough to attract more player , but most casino still doubt to accept bitcoin due some reasons.
the price always fluctuates i guess and since that its not been really introduce very well that's why not all the casino house already embrace the system but for sure after they learn that there's a lots of advantage and it will easily attract gamblers they will think about it and migrate to the system to gain more profits.
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March 21, 2017, 08:22:18 PM
 #971

It is, in countries like mine wherein online gambling is frowned upon. It makes entry and cashing out neat and easy, without risking your identity.



Bitcoin is not anonymous though. A government could track all the coins an exchange pays out and make sure they don't get used for gambling website. It would also be hard to get you winnings back without government asking questsions.  Undecided
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March 22, 2017, 03:05:39 PM
 #972

Maybe.. it looks like bitcoin has stepped in to fill a void.

I dont get you line there. though there is really a possibilty that bitcoin maybe the future of gambling. I remembered a video that I watched, it is a commercial of a casino, then I checked the comments, I burst out laughing when I read my expected comment, You accepting Bitcoin?

I don't know about the future. But now already the Bitcoin become more famous for online gambling. All online casino websites are accepting Bitcoin, and many businesses opened for Bitcoin like investment, trading, etc. But I am not sure about the future of Bitcoin. Maybe the Bitcoin will rule the online gambling world, or any other cryptocurrency may replace Bitcoin there is a possibilities are there in digital currency world.

This is how I believe, bitcoin was made more for gambling since it is more hidden to the government and more secure to its users, and transaction is more faster than other,
it is just like the chips we use in some real casinos. Gamblers really like the bitcoins as its gives them freedom to do gambling without any worries.
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March 22, 2017, 05:58:44 PM
 #973

Nowadays i can see the future of gambling where there are lots of gambling website everywhere in the internet most of the time people will choose this than going to real gambling people will want to hide their identity for their safety. But here in my country central bank already considered bitcoin as our secondary currency.
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March 22, 2017, 06:43:35 PM
 #974

It is, in countries like mine wherein online gambling is frowned upon. It makes entry and cashing out neat and easy, without risking your identity.



Bitcoin is not anonymous though. A government could track all the coins an exchange pays out and make sure they don't get used for gambling website. It would also be hard to get you winnings back without government asking questsions.  Undecided
Mixing services can be used to make harder to track ones coins/tx or one can buy monero and convert it to bitcoin then gamble. it's not that hard to keep yourself anonymous.
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March 22, 2017, 06:49:57 PM
 #975

Giving a deeper sense to the OP question I wouldn't even know if bitcoin is the future of bitcoin itself given the latest forking/changing debates going on in the community
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March 22, 2017, 08:20:56 PM
 #976

Yes....I think that those of us who have been in the market long enough remember how difficult it was before the advent of bitcoin.  I think that much of the intrigue with bitcoin was inspired by it's ability to circumvent anti-gambling legislation regulating gambling and forcing centralized banking institution's compliance....Bitcoin is the future of online gambling.
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March 22, 2017, 09:41:49 PM
 #977

Giving a deeper sense to the OP question I wouldn't even know if bitcoin is the future of bitcoin itself given the latest forking/changing debates going on in the community

It is not going to change the fact that it is the future of it. No matter what, people will choose bitcoin over fiat gambling for several reason. The top reason would be that it allow micro gambler to play with amount down to few cents. Unlike fiat that only allow bet for atleast $1 or so which is not really convenience
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March 22, 2017, 11:26:03 PM
 #978

Nowadays i can see the future of gambling where there are lots of gambling website everywhere in the internet most of the time people will choose this than going to real gambling people will want to hide their identity for their safety. But here in my country central bank already considered bitcoin as our secondary currency.
What is a real gambling site,when it comes to online gambling site everyone is,and with the popularity and ease of use bitcoin has become the main method by which people gamble and so is the reason we are seeing new sites coming up which accepts bitcoin and it is the future of online gambling.
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March 23, 2017, 06:19:50 AM
 #979

Giving a deeper sense to the OP question I wouldn't even know if bitcoin is the future of bitcoin itself given the latest forking/changing debates going on in the community

It is not going to change the fact that it is the future of it. No matter what, people will choose bitcoin over fiat gambling for several reason. The top reason would be that it allow micro gambler to play with amount down to few cents. Unlike fiat that only allow bet for atleast $1 or so which is not really convenience
The moment they will understand the basic concept of bitcoin high rollers or whales will eventually use bitcoin, it is the future of online gambling and I believe on that. However, it's still early and bitcoin is not widely recognize by the majority, we need to make their curious over bitcoin so they will conduct a research to understand, when they will not understand it's hard to attract them but I'm positive it will happen in the future as slowly but steady bitcoin is getting the attention of the people.

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March 23, 2017, 07:11:54 AM
 #980

It is, in countries like mine wherein online gambling is frowned upon. It makes entry and cashing out neat and easy, without risking your identity.



Because of gambling and porn, only bitcoins has grown so much because most of the bitcoins are used on in these two industries as of now. In other mainstream business not so much and some people are buying for just any investments. But more transactions are happening because of easy gambling using bitcoins and other cryptocurrencies.
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