Is Bitcoin the future of online gambling?

[bajing]

I am not that sure why people that gamble online have their payment method set up with PayPal or the other mainstream payment companies when they often shut down accounts and not return the money that the person made. Since Bitcoin is against that type of stuff it would be better for them to just make money by using btc to earn money and be able to hold onto it when they requested a withdrawal from the gambling website.

If Bitcoin is around in the near future then more people will be using it to gamble.

For me the rising of online gambling casino is catering the high demand of people using bitcoins. The demand is just so vast that even the price of bitcoin is now at its very high pick

Bitcoin still didn`t find a way to get to all the online gamblers in the world, some of the people already build good ranks in fiat casinos and I don`t think they will quit so easily from that. I`m the one of the people that gamble just with bitcoins now, cause I`m from the third world country I had many restrictions and bitcoin opened a door for me to online gambling, and that will be the case with many people in the world, thats why bitcoin is the future of online gambling, but not just bitcoin, looks like ltc and eth, and some other currencies are making their break trough in gambling industry.

Yes it is true just a bit of bitcoin gambling even bitcoin still not able to make gambat fiat accept bitcoin but I think that possibility still exist but maybe when bitcoin price have been at stable point because fiat gambling site don't want to take a risk.

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[MinerHQ]

It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.

[8Habits]

It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.

That is true. that is really the downside of using bitcoin in online casinos, even minors can play conveniently at the comfort of their homes. And yes, we are the one responsible for our life when we gamble and its outcome.

[Oralmat]

It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.

If we assumed that online gambling sites required verification than mostly players will be avoid to play online gambling, also me i avoid to give the personal information in online gambling sites. I don't think that it should be necessary, without verification we  can play online gambling than it mean it is not a necessary. But you point is right, it is our responsibility not play gambling in a bad way.   

[chris200x9]

It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.

If we assumed that online gambling sites required verification than mostly players will be avoid to play online gambling, also me i avoid to give the personal information in online gambling sites. I don't think that it should be necessary, without verification we  can play online gambling than it mean it is not a necessary. But your point is right, it is our responsibility not play gambling in a bad way.   

I will also not support for this Bitcoin verification, to avoiding this we are using bitcoins to play gambling. If they introduced this verification method, then no people will use bitcoin to play gambling. And it is not possible the casino will not ready to lose their business, so they will not introduce this method. And i agree that we must play gambling in right way, don't choose this game for make money.

[freebutcaged]

Bitcoin is really very helpful for those of us without access to offline casinos or even if we have access to the online ones then we are unable

To register due to the restrictions and limits and also them requiring identification and legal documents, Bitcoin brought casinos in to our homes.

Many people are legit and doing nothing illegal but rather prefer to stay anonymous and they should have the rights for it, Bitcoin is giving them

That rights. hopefully with the LN in the future we'll no longer have to wait hours for our deposit and withdrawal and continue to gamble as usual.

[ASHLIUSZ]

It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age

Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop.

If we assumed that online gambling sites required verification than mostly players will be avoid to play online gambling, also me i avoid to give the personal information in online gambling sites. I don't think that it should be necessary, without verification we  can play online gambling than it mean it is not a necessary. But your point is right, it is our responsibility not play gambling in a bad way.   

I will also not support for this Bitcoin verification, to avoiding this we are using bitcoins to play gambling. If they introduced this verification method, then no people will use bitcoin to play gambling. And it is not possible the casino will not ready to lose their business, so they will not introduce this method. And i agree that we must play gambling in right way, don't choose this game for make money.

Yeah, we're playing with our own money and risking ourselves hoping for a better profiting. For this reason I believe gambling with bitcoin doesn't need any verification, because more users prefer because bitcoin provides anonymous transaction. When the transaction becomes anonymous and the identity of the user gets verified in the gambling website then it doesn't look good.

[xIIImaL]

Bitcoin is really very helpful for those of us without access to offline casinos or even if we have access to the online ones then we are unable

To register due to the restrictions and limits and also them requiring identification and legal documents, Bitcoin brought casinos in to our homes.

Many people are legit and doing nothing illegal but rather prefer to stay anonymous and they should have the rights for it, Bitcoin is giving them

That rights. hopefully with the LN in the future we'll no longer have to wait hours for our deposit and withdrawal and continue to gamble as usual.

Las vegas casino is best offline casino in the world but I don't think that they are asking legit documents to participate in the casinos. If you check in online about casino and gambling sites. Now itself you can find more website than the fiat used sites. Now and future bitcoin will be used widely in gambling site than fiat or other altcoins.

[Pettuh4]

Bitcoin and other Altcoins are definitely the future of gambling because I wouldn't like to share my personal information with gambling websites going forward in the future and so I will rely on cryptocurrencies to help me bet with maximum anonymity.

[MMA]

Of course bitcoin has now made gambling games easy to do. Now everyone can play wherever and whenever they want, make a deposit and also witdraw with ease. This will make many people interested to play gambling.

just like online trading, business and shopping, the new generation is now using online gambling sites for gambling, and gambling  is now playing too much important role in online gambling, bitcoin have now changed the gambling trend, most of the people are now giving more importance to online gambling instead of vising a physical gambling casino.

[megynacuna]

Of course bitcoin has now made gambling games easy to do. Now everyone can play wherever and whenever they want, make a deposit and also witdraw with ease. This will make many people interested to play gambling.

just like online trading, business and shopping, the new generation is now using online gambling sites for gambling, and gambling  is now playing too much important role in online gambling, bitcoin have now changed the gambling trend, most of the people are now giving more importance to online gambling instead of vising a physical gambling casino.

Exactly and if there's a currency well situated to transact online gambling then we look no further than Bitcoin because it's the pioneer cryptocurrency and has established itself as the most trust worthy cryptocurrency.

[shulio]

Exactly and if there's a currency well situated to transact online gambling then we look no further than Bitcoin because it's the pioneer cryptocurrency and has established itself as the most trust worthy cryptocurrency.

It is the same if you gamble with altcoin or bitcoin. In the end you are going to turn everything back into fiat again so it doesnt matter but most people like altcoin better than bitcoin because the value is smaller so people could spam their martingale strategy starting from the lowest amount to the highest possible amount

[poplolnman]

I am not that sure why people that gamble online have their payment method set up with PayPal or the other mainstream payment companies when they often shut down accounts and not return the money that the person made. Since Bitcoin is against that type of stuff it would be better for them to just make money by using btc to earn money and be able to hold onto it when they requested a withdrawal from the gambling website.

If Bitcoin is around in the near future then more people will be using it to gamble.

For me the rising of online gambling casino is catering the high demand of people using bitcoins. The demand is just so vast that even the price of bitcoin is now at its very high pick

Bitcoin still didn`t find a way to get to all the online gamblers in the world, some of the people already build good ranks in fiat casinos and I don`t think they will quit so easily from that. I`m the one of the people that gamble just with bitcoins now, cause I`m from the third world country I had many restrictions and bitcoin opened a door for me to online gambling, and that will be the case with many people in the world, thats why bitcoin is the future of online gambling, but not just bitcoin, looks like ltc and eth, and some other currencies are making their break trough in gambling industry.

Yes it is true just a bit of bitcoin gambling even bitcoin still not able to make gambat fiat accept bitcoin but I think that possibility still exist but maybe when bitcoin price have been at stable point because fiat gambling site don't want to take a risk.

i think bitcoin will never ever have a stable price just like fiat currency. as the way bitcoin works really different with any other currency , bitcoin has a limited supply and decentralized make it so wild and volatile in the market. where fiat regulated and it's make stable. you can still use bitcoin to gamble even the price are so volatile move up and down so fast by the way, it's adjustable!

[crazycatwoman03]

Looking the possibility is so high, as of now bitcoin is one uses of gambling, and if gambling was banned in the public places or casino (not all necessary are banned) they will find a ways to play a gambling. The possibility to throw the opportunity to play online gambling using the bitcoin is low, more people around the world used the internet and if they discover the bitcoin then the uses, they will inspire to earn this and also a gambler. Let says that, I used this for gambling, it is safe for the police to trace who I am. There’s no evidence to arrest me

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[YTBitcoin]

Bitcoin and other Altcoins are definitely the future of gambling because I wouldn't like to share my personal information with gambling websites going forward in the future and so I will rely on cryptocurrencies to help me bet with maximum anonymity.

But in some sites when you will go to withdraw your earned money then you will not be able to withdraw your money unless you provide your identity documents to that site so in this way we cannot say that we will remain anonymity on these sites which ask for KYC.

[goinmerry]

Bitcoin and other Altcoins are definitely the future of gambling because I wouldn't like to share my personal information with gambling websites going forward in the future and so I will rely on cryptocurrencies to help me bet with maximum anonymity.

But in some sites when you will go to withdraw your earned money then you will not be able to withdraw your money unless you provide your identity documents to that site so in this way we cannot say that we will remain anonymity on these sites which ask for KYC.

In gambling world, most of the gamblingsite doesn't requiring any KYC or verification before people can withdraw their winnings. It's a minus factor for a gambling site and Im sure gamblers won't play there. It's not a good thing to be included in a gambling site as they will left in the competition.

The one you are talking about are bitcoin and altcoin exchanges. It's usual that they have a KYC because most of the exchanges are regulated and they are following protocols from the law.

[maxpowerzz92]

When this thread was first started, then the answer was YES.  Now it's a definite NO.  I'm sure that everyone is well aware of bitcoin's current issues and the high transaction fees are no longer worth it.

[Cherylstar86]

Bitcoin and other Altcoins are definitely the future of gambling because I wouldn't like to share my personal information with gambling websites going forward in the future and so I will rely on cryptocurrencies to help me bet with maximum anonymity.

Yeah I am also looking forward for this digital currency as future of online gambling, because it's also an anonymous type of recreational with a lucky profitable prize to win for. The activities is not transparent unlike the fiat cash gambling, you've been marked as a visible gambler to people who always seeing it as a negative image from you. So to have a hidden identity of gambling activities bitcoin future on gambling will have a most demand in the future years to come.

[bhadz]

When this thread was first started, then the answer was YES.  Now it's a definite NO.  I'm sure that everyone is well aware of bitcoin's current issues and the high transaction fees are no longer worth it.

It is still the future of online gambling. Let's try to remove first about the current issues and let's just absorb the good thing about it's anonymity, without requiring us to input information needed for a transaction. I can say that bitcoin is still the future of online gambling and those fees are just normal thing, don't expect everything to become free and cheap forever.