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Author Topic: Is Bitcoin the future of online gambling?  (Read 31500 times)
Zooplus
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April 29, 2016, 02:11:14 AM
 #301

simple use bitcoin than real money , i mean everybody can play gambling without any requirements
That's the main reason why bitcoin is exploding , people appreciated its value especially on the gambling industry, because of its features that it can give us the anonymity we gamble as how much and as when we want to do it. There is no time limit in gambling with bitcoins.

yeah, the limits, restrictions and all other barriers are not therein gambling with bitcoin, with bitcoin we play with freedom and no matter at what time we want to play we can play as we can easily deposit at there at anytime.
And anonymity is also one of our luck that it is provided to us in gambling with bitcoin.

You are quite true but I dont agree about anonymous, by being anonymous that is not part of your luck but that is some kind of advantage to us because we can't be detected except by ip so every restricted area will find it harder way to just find us because now ip can be change repeatedly so this is not luck because
There is always a solution on restricted IP. You can always use VPN to hide your IP or change it. Most important is you will enjoy betting while you are anonymous, there is no reason to go in an actual casino if you solely aim for profit here, you can just bet at you own comfort.
Banjiro
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April 29, 2016, 02:16:11 AM
 #302

I dont think that is bitcoin the future of online gambling, bitcoin is option for site gambling to deposit and withdrawal
Because its easy, simple, fast and anonymous.
Zooplus
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April 29, 2016, 02:44:18 AM
 #303

I dont think that is bitcoin the future of online gambling, bitcoin is option for site gambling to deposit and withdrawal
Because its easy, simple, fast and anonymous.
It is in my own opinion, if I am a gambler why would I pay a huge amount of charges when I will deposit and withdraw an amount in a gambling sites especially the sports book. Bitcoin is the only solution we can save with charges and to maximize our profit.
Fatanut
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April 29, 2016, 06:35:57 AM
 #304

I dont think that is bitcoin the future of online gambling, bitcoin is option for site gambling to deposit and withdrawal
Because its easy, simple, fast and anonymous.
It is in my own opinion, if I am a gambler why would I pay a huge amount of charges when I will deposit and withdraw an amount in a gambling sites especially the sports book. Bitcoin is the only solution we can save with charges and to maximize our profit.

IMO, if I'm depositing small amount of money like 1000 bits and then the transaction fee is 200 bits, it's not wise to deposit that little amount of money. If I'm depositing 100,000 bits and the fee is 200 bits, then there's no worries because 200 bits is very little compared to 100,000 bits.

But if the fee is by percentage, it's not wise to deposit 100,000 bits because the more you deposit the higher fees you're paying.

Most bitcoin casino doesn't have fees for depositing though. But they do have transaction fees in withdrawals, sadly.

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April 29, 2016, 07:00:53 AM
 #305

I dont think that is bitcoin the future of online gambling, bitcoin is option for site gambling to deposit and withdrawal
Because its easy, simple, fast and anonymous.
It is in my own opinion, if I am a gambler why would I pay a huge amount of charges when I will deposit and withdraw an amount in a gambling sites especially the sports book. Bitcoin is the only solution we can save with charges and to maximize our profit.

IMO, if I'm depositing small amount of money like 1000 bits and then the transaction fee is 200 bits, it's not wise to deposit that little amount of money. If I'm depositing 100,000 bits and the fee is 200 bits, then there's no worries because 200 bits is very little compared to 100,000 bits.

But if the fee is by percentage, it's not wise to deposit 100,000 bits because the more you deposit the higher fees you're paying.

Most bitcoin casino doesn't have fees for depositing though. But they do have transaction fees in withdrawals, sadly.
The transaction fees for bitcoin casinos is way more smaller than the more established casino who only accept fiat, I believe there business are also affected with what is going in bitcoin gambling industry and sooner or later they will probably adopt with bitcoin.

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April 29, 2016, 07:10:42 AM
 #306

I dont think that is bitcoin the future of online gambling, bitcoin is option for site gambling to deposit and withdrawal
Because its easy, simple, fast and anonymous.
I thought it might be just the facilities that you said. easy, quick and fast, of course it will be easier when you use fiat when gambling. may bitcoin will become the currency for gambling
italianobitcoin
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April 29, 2016, 07:56:36 AM
 #307

simple use bitcoin than real money , i mean everybody can play gambling without any requirements
That's the main reason why bitcoin is exploding , people appreciated its value especially on the gambling industry, because of its features that it can give us the anonymity we gamble as how much and as when we want to do it. There is no time limit in gambling with bitcoins.

yeah, the limits, restrictions and all other barriers are not therein gambling with bitcoin, with bitcoin we play with freedom and no matter at what time we want to play we can play as we can easily deposit at there at anytime.
And anonymity is also one of our luck that it is provided to us in gambling with bitcoin.
Bitcoin is online money so that is perfect for the online gambling and it works also much easier so that is quite nice but you never know what there will happen later with the value.
And there are also now more people that is going to use Bitcoin as their payment method and that is perfect.
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April 29, 2016, 08:01:26 AM
 #308

Of course it is the future of biycoin gambling. Actually, one of the most things which makes people interested in bitcoins is its anonymity.  So it's the perfect solution to cabling as no identification is  required.
electronicfactura
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April 29, 2016, 08:42:50 AM
 #309

Bitcoin is very favorite payment processor because it have very low transaction fee and people stay anonymous while doing gambling on online casino so that there is no doubt it has very bright future and very soon gambling industry will grow when it will go to mainstream.
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April 29, 2016, 08:48:08 AM
 #310

Of course Bitcoin is the future of online gambling. Why not? Especially for the countries where gambling is forbidden. I don't like when Bitcoin is associated with illeagal activity, but c'mon!, gambling is not something that terrible that it should be forbidden in the first place.

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April 29, 2016, 08:54:33 AM
 #311

Bitcoin is very favorite payment processor because it have very low transaction fee and people stay anonymous while doing gambling on online casino so that there is no doubt it has very bright future and very soon gambling industry will grow when it will go to mainstream.

This is why there are already a lot of gambling sites operate. When people get to know bitcoin, gambling sites also get the opportunity to get many customers. I think that gambling also bring lot of customers and get to know bitcoin.
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April 29, 2016, 09:13:55 AM
 #312

Bitcoin is very favorite payment processor because it have very low transaction fee and people stay anonymous while doing gambling on online casino so that there is no doubt it has very bright future and very soon gambling industry will grow when it will go to mainstream.

This is why there are already a lot of gambling sites operate. When people get to know bitcoin, gambling sites also get the opportunity to get many customers. I think that gambling also bring lot of customers and get to know bitcoin.

yup it is a win win situation. With more flow of bitcoin, the casino has more chance of getting new customers. And with greater benefit of using bitcoin as other fiat currency, more people will tends to use bitcoin to gamble and more people will drive the economy of bitcoin.
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April 29, 2016, 12:46:49 PM
 #313

Bitcoin is very favorite payment processor because it have very low transaction fee and people stay anonymous while doing gambling on online casino so that there is no doubt it has very bright future and very soon gambling industry will grow when it will go to mainstream.

This is why there are already a lot of gambling sites operate. When people get to know bitcoin, gambling sites also get the opportunity to get many customers. I think that gambling also bring lot of customers and get to know bitcoin.

yup it is a win win situation. With more flow of bitcoin, the casino has more chance of getting new customers. And with greater benefit of using bitcoin as other fiat currency, more people will tends to use bitcoin to gamble and more people will drive the economy of bitcoin.

As you say this is win - win situation. However, many casinos use their own payment systems (chips), for which the introduction of Bitcoin can be very difficult, because it involves the reconstruction of the entire payment system.

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April 29, 2016, 02:31:33 PM
 #314

Hope so - especially for sports betting!

Just needs a better level of trust for the gamblers that we currently don't really have today...

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April 29, 2016, 03:16:42 PM
 #315

simple use bitcoin than real money , i mean everybody can play gambling without any requirements
That's the main reason why bitcoin is exploding , people appreciated its value especially on the gambling industry, because of its features that it can give us the anonymity we gamble as how much and as when we want to do it. There is no time limit in gambling with bitcoins.

yeah, the limits, restrictions and all other barriers are not therein gambling with bitcoin, with bitcoin we play with freedom and no matter at what time we want to play we can play as we can easily deposit at there at anytime.
And anonymity is also one of our luck that it is provided to us in gambling with bitcoin.
As you can see now you see that Bitcoin is getting more popular and also more used and that is quite nice for the future because the world is also getting more digital.
And Bitcoin is digital money so that will be great the only thing that have to change is the value that must rise up.
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April 29, 2016, 05:10:48 PM
 #316

It looks like it's definitely going to become the future of online eSports gambling scene. Steam is now accepting bitcoin as payment for their games so the gaming community will be going nuts.
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April 29, 2016, 08:23:45 PM
 #317

I honestly think there is a chance that its the future of online gambling because everyday there are more and more people using the bitcoin to gamble.
I think it will not only be online but also in real life casino's!
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April 29, 2016, 09:04:16 PM
 #318

The future of the bitcoin is good and I think more and more users will also gamble with it, you can already see that its growing, there are more casino's coming and also more users that want to play on these bitcoin casino's.
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April 29, 2016, 09:21:03 PM
 #319

I am a frequent player....I've been playing for years.  This is what I've been finding: many gambling sites are now accepting bitcoin as a deposit method but they don't offer it as a withdrawal method.  And, they still require one to submit documents to verify address and identity in order to withdraw. So, in my opinion, they are still not ready to accept bitcoin's versatility....They're making it easy to give them our money but difficult to retrieve it....that's a bad thing, and there's no future in that as far as I'm concerned!

EDIT:  There are acceptions....Betcoin.ag allows us to play in the larger pool of fiat based players while providing both bitcoin deposit and bitcoin withdrawals.  They also offer those options for litecoin.  That is the future of online gambling!
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April 30, 2016, 03:35:42 AM
 #320

The future of the bitcoin is good and I think more and more users will also gamble with it, you can already see that its growing, there are more casino's coming and also more users that want to play on these bitcoin casino's.
Nowadays, casino is not enough for the gamblers who already adopted using bitcoins. We can see in the near future that there will be more and more casinos will come up to satisfy the needs of the people. It is beneficial to us gamblers cause it will give us an opportunity to choose the best online gambling sites.
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