Is Bitcoin the future of online gambling?

[Xenophoto]

I think not. Gambling is the present of online gambling. Almost all casinos are using bitcoin. I've barely seen casinos that use Paypal/Skrill/PefectMoney funds. Bitcoin has a faster transaction and some people just require one block to mine to confirm the deposit. Also, I think bitcoin should always be used in online gambling. Let's suppose that someone win and ripped off the whole casino, if he/she is using Paypal, then the casino can scam him/her by reverting the transaction. If he's using bitcoins, they will be unable to do so.

[Omegasun]

The potential advantages of Bitcoin internet gambling include

• lower rake than brick and mortar establishments
• lower payment processing fees than credit cards
• much more anonymous than credit cards
• potential tax advantages for winners
• much easier access for players in prohibited jurisdictions

i agree with this advantage of gambling. Bitcoin is easy to use than credit cards or any other payment method. it is direct and low transaction fee. and it is very advisable to use in gambling because the identity of the user is safe. I will rather choose bitcoin in casino gambling than paypal since they are not requiring my personal identification.. But irreversible feature maybe a disadvantage too for both player and casino user.
you can get what i mean on that part.

[Aamir1]

At this time yes, Bitcoin is the best online currency to use in gambling because it is fast , reliable and easy to use. But i am seeing some alt coins in the other thread that are create for online gambling use only. So who knows maybe someday this alt-coins will become the best for online gambling in the future.

I dont think any other currency can take place of bitcoin in the world of gambling as bitcoin is being used widely in gambling these days, not only old casinos are accepting bitcoin but also a lot of new casinos are being made with just bitcoin payment system which is making it even more used in gambling world.

[newcripto]

Gambling with bitcoin has so many advantages to play on online casinos. The best part of it which I like that is privacy and security for my account on bitcoin related gambling sites. Instant payouts are making to love the gambling with bitcoin. No other currency has bigger community like bitcoin so it will be the future of gambling.

[plpbtc1526]

Yes bitcoin is the future of online casinos. Because of its features like no need for identification, easy deposit/withdraw your funds and its fast. Thats why many people love bitcoins. Some people are annoyed with those identification procedures so they switch to bitcoin coz it has anonimity features which you can hide your identity.

[goldcoinminer]

Yes bitcoin is the future of online casinos. Because of its features like no need for identification, easy deposit/withdraw your funds and its fast. Thats why many people love bitcoins. Some people are annoyed with those identification procedures so they switch to bitcoin coz it has anonimity features which you can hide your identity.

For now, only the gambling industry are the making a big improvement in the economy because most of the gamblers does not want to reveal their true identity online like other gambling sites required, they are very profitable because they have a wide market to invade and they will continue to explode in the future.

[BitcoinPC]

In this time, Bitcoin is best for online gambling, But i am not sure in future is bitcoin best or not. Because we can see a lot of other crypto currencies has come, and may be in future any one break the bitcoin value and achieve the place of bitcoin to use in online gambling. But also now in this time, bitcoin is really useful and safely way on online gambling than others.

[purebitco]

yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.

thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

[Punggawa]

bitcoin and online gambling is good combination
but I dont think bitcoin is the future of online gambling.
bitcoin is a great of payment in the world, not only for gambling.

[nizamcc]

Yes, Bitcoin is the future of online gambling as people are turning to bitcoins mostly because they can anonymously gamble without getting traced for their bets, and they can do it any time without much hassle, just buy once and go ahead is all it takes to gamble with bitcoins.

[Aamir1]

bitcoin and online gambling is good combination
but I dont think bitcoin is the future of online gambling.
bitcoin is a great of payment in the world, not only for gambling.

I couldnt understand if you are agreeing to it or not, firstly you are saying you dont think bitcoin is the future of online gambling and then you say it is a great payment for the world but not only for gambling.
Well bitcoin is obviously the future of online gambling because of its easy use and early deposit and withdraw system, it is already taking over all the casinos on internet.

[Labumi]

Yes, Bitcoin is the future of online gambling as people are turning to bitcoins mostly because they can anonymously gamble without getting traced for their bets, and they can do it any time without much hassle, just buy once and go ahead is all it takes to gamble with bitcoins.

It's a great one!! , bitcoin is not a place for gambling. The original purpose of bitcoin is helping online transactions are good, fast, safe, and inexpensive. Bitcoin is not tied to gambling, since gambling already appeared before the bitcoin appears. For now it is true that one of the bitcoin payments used in gambling, but not that bitcoin is a bad currency

[tabas]

Yes, Bitcoin is the future of online gambling as people are turning to bitcoins mostly because they can anonymously gamble without getting traced for their bets, and they can do it any time without much hassle, just buy once and go ahead is all it takes to gamble with bitcoins.

Yes me too I do believe that bitcoin is the future of online gambling because instead of going to the physical gambling centers or casino's. You can just sit back and relax to your homes and by just typing to your keyboard and clicking away you can now manage to gamble with the use of internet. That is why bitcoin gambling is on its rise too.

[Daneric]

Bitcoin casinos have taken online gambling to a whole new level, not only because they offer gamblers the advantage to play anonymously but also, because anyone anywhere in the world can gamble on bitcoin casinos bypassing any country’s regulations. Bitcoin unlike Federal Reserve’s introduces the concept of virtual currency which is based on a mathematical formula. This is the rise of a decentralized, safe gambling environment. This is so because anyone can access the software and convert the Bitcoins. The online gambling industry is experiencing a revolution that is overly favorable to the gambler. The Bitcoin unlike most systems does not require one to fill an authentic record of information but instead offers pseudo accounts where gamblers have no physical links pointing to them. The technology allows for a single user to hold as many accounts as they please with varying addresses.

[saiha]

bitcoin and online gambling is good combination
but I dont think bitcoin is the future of online gambling.
bitcoin is a great of payment in the world, not only for gambling.

Yeah they are really a good combination if you are going to think about it because people nowadays are thinking about convenience.

And bitcoin is doing it by having an online gambling with the use bitcoin then their problem is going to be solved. And not just for gambling.

As well as the different sources and transactions it has.

[abayan]

yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.

thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both . using bitcoin it is pretty easy and fast the transaction of it

[saiha]

yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.

thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both . using bitcoin it is pretty easy and fast the transaction of it

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.

[goldcoinminer]

yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.

thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both . using bitcoin it is pretty easy and fast the transaction of it

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.

People would always prefer a faster transaction because we are living in a fast pace world, also with the faster transaction, it can easily grow the market and increase the circulation of bitcoin.

[razor5cl]

Bitcoin casinos have taken online gambling to a whole new level, not only because they offer gamblers the advantage to play anonymously but also, because anyone anywhere in the world can gamble on bitcoin casinos bypassing any country’s regulations. Bitcoin unlike Federal Reserve’s introduces the concept of virtual currency which is based on a mathematical formula. This is the rise of a decentralized, safe gambling environment. This is so because anyone can access the software and convert the Bitcoins. The online gambling industry is experiencing a revolution that is overly favorable to the gambler. The Bitcoin unlike most systems does not require one to fill an authentic record of information but instead offers pseudo accounts where gamblers have no physical links pointing to them. The technology allows for a single user to hold as many accounts as they please with varying addresses.

This is great, and a lot of it is true, but one part I didn't like:

"The online gambling industry is experiencing a revolution that is overly favorable to the gambler"

I'd dispute this. Casinos and sites are still raking in the money and all the games are still very much so skewed in favour of the house. It's become a lot easier for gamblers to start gambling and sustain it in the era of bitcoin, but let's not forget all of that money ends up in the pockets of the sites.

[Corenin]

yes, becouse  it's so easy and faster

Easier faster and better. Better all round. Also cheaper or no fees and no records of your activity either. Way more private and safe.

thats true, bitcoin is really great for gambling, i think it also allows bitcoin to become bigger and bigger over time, in my opinion bitcoin will be huge

yup i agree on you both . using bitcoin it is pretty easy and fast the transaction of it

That is why bitcoin is really seeing the potential about everything like online gambling because they can have fast transactions.

It is one of the good service about bitcoin and as well as the fees they are very cheap.

People would always prefer a faster transaction because we are living in a fast pace world, also with the faster transaction, it can easily grow the market and increase the circulation of bitcoin.

I think most of the people are buying bitcoins for gambling as its very easy to gamble with bitcoin without disclosing the identity, so even if gambling is illegal in your country you can easily gamble with bitcoins.