Altcoins in Gambling

[milewilda]

Hello.

I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.

My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?

-jamyr

P.S.

The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?

I don't use altcoins when i gambled even most of users now are using them and lot's of gambling site are implementing / impose altcoins to be use in there websites. There doing this because they also want to advertise the coins or what so ever they want a multiple profit.

They are doing that for multiple profits and they could see it as an advantage since there are really people would really likes to bet altcoin since betting on bitcoin is somehow common already and there are really times that its boring to bet already.Thats only my own view but most gamblers do bet by the use of bitcoin instead of altcoins because theres no difference at all if you bet  bitcoin or altcoins.

[Red-Apple]

My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?

i doubt that this is the reason why any gambling site ever adds a new altcoin to their site for gambling.
you should know that whenever these sites do anything they do it for they players. in other words players should want that coin and have that coin to deposit and gamble with if a site adds an unknown altcoin nobody is even going to bother looking at it.

The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?

so far coins that have been added to gambling sites are LTC, DOGE and ETH (there may be some others but these are the most common) and all these three were popular altcoins before being added.

[raphma]

And i don't see any point why alts can get popularity when it added on gambling sites since there are numerous alt that been added but still got on stable state and sometimes doesnt even bother to look at by gamblers.

Volume, that's the point.
if an altcoin start to be used by some website with a big traffic, it will bring visibility to the coin and volume to the market(buy and sell).

[fortunecrypto]

A gambling sites can create a coin for their gamers and a coin dev can create a gambling site for their coin,so both suggestion applies ,just like one poster post it's a chicken or egg scenario but in my opinion gambling site can make a coin popular..

[Dux2K]

Are we don't have now on some sites that use alt coins
if the question is what you prefer I would say bitcoin

Also gambling sites can create some own tokens/coins to play on there sites

[Bitcoinsummoner]

A gambling sites can create a coin for their gamers and a coin dev can create a gambling site for their coin,so both suggestion applies ,just like one poster post it's a chicken or egg scenario but in my opinion gambling site can make a coin popular..

For now it can not coin be popular they are just make gambling just to use coin and not to be useless..
And the other purposes of making altcoin is to make a business and earn from investors.. to buy your altcoin/. that honestly useless.. there is no other uses about the other altcoin if they can adapt it more like bitcoin more possibility that altcoin will be popular the same as bitcoin..

[Patatas]

I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.

Because the players/customers of the gambling sites also want extra features like accepting the altcoin of their choice ? And obviously the market trend,one would play dice on a site where his altcoin is accepted rather then playing where it isn't.Makes sense ?

My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?

The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?

The popularity of the coin.Not much is needed from the gambling devs or the coin devs since the coins ain't coming from either of them.All it takes is to make a wallet for accepting that coin.

[socks435]

Are we don't have now on some sites that use alt coins
if the question is what you prefer I would say bitcoin

Also gambling sites can create some own tokens/coins to play on there sites

There is alreayd a gambling site lie gambet that actually make a gambling site and make their own coin like gamebet coin  before but it is not popular right now they are still using bitcoin instead.. or the other altcoin that we can say well know is in the coinmarketcap wich is in top 10 altcoin like litecoin dogecoin monero eth those altcoin are well know that you can use in some gambling casino..

[coin-investor]

Hello.

I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.

My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?

-jamyr

P.S.

The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?

It's up to the dev of the gambling site,by including a coins to his gambling site he is promoting usage of the coin,if a client wants to play in his gambling flatform,he has no choice but to buy and use the coin ,so it's the gambling site who can help expose it to gamblers.

[ArdiPrabowo]

the first your wrong section
if you want discuss about gamble is good in gambling section

and i want answer your question
is good gamble site is much support altcoin in directbet
in there support dogecoin, ethereum, dash, litecoin, bitcoin

and you like dice site you can try bitdouble.io

[The Sceptical Chymist]

Hi.

This reminds of me the wolf of wall street. If you are familiar with the movie, they are selling products of their imagination, products that doesn't really exist. Is it the same here with altcoins, and to be honest, the future of altcoins seem to be just if they can be used as "chip" for casinos/gambling sites/betsites. I have not seen an altcoin aside from bitcoin that went successful that is not used in gambling, what I mean by successful is really successful, not just because of hype, etc.

And again, I think(correct me if I'm wrong) the value of Bitcoin/Altcoin is still depending on broke people(most of the time got broke gambling).

Frigging fantastic movie.   Say, wasn't that shitcoin RBIES supposed to be gambling-oriented?  Whatever that means.   

Honestly,  any altcoin that has value should be perfectly fine for these dice sites.  You can send them all easily enough if people are monong them and running nodes or whatever.   Cant do that if no one uses the coin.

[Dr.Osh]

Well, maybe a lot of gambling sites that use bitcoin, but still very rare to find gambling sites that use altcoin. maybe you'll find altcoin like dogecoin, ethereum, dash, litecoin in a gambling site, however, it is already very famous altcoin. altcoin need to have a high trust value until they can be accepted at gambling site

[Ingramtg]

 gambling sites no need the altcoin dev's agreement to use their coin as a tokens

they just bring the coin Trading volume and the altcoin give the  gambling sites User base

[BayAreaCoins]

Hello.

I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.

My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?

-jamyr

P.S.

The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?

I assume you are talking about Just-Dice and Clamcoins?

They are used there because Dooglus chose to use them.

[disconnectme]

I know of Lisks Dice but I don't know how successful the project is and currently, there is VDice ICO on going and plan to use Ethereum only for their platform, it will be interesting to see how these Altcoins perform in the land of unknown

[BitcoinHodler]

^^ whenever you dedicate your business to only one thing you are signing your own failure so if and altcoin is only for gambling or if the other way is true meaning a gambling site is only accepting one altcoin they will fail because of lack of revenue.

and to answer OP it is all about profit, if the users are so interested in a particular altcoin and want to spend it, then if a gambling site adds it they will make money it doesn't work the other way around.

[robelneo]

There is a newly launch coin called Bash and it's lottery and gambling coin and it is fast becoming a popular gambling and lottery coin like what happen to Rbies who is very successful coin dedicated to gambling,so we can safely conclude that a coin makes a gambling site popular.

[jamyr]

Hello.

I am not very knowledgeable with bitcoin and other altcoins but I have noticed that altcoins that can be used in popular gaming/gambling sites tend to be a solid coin-type unlike others that I really don't see the value in keeping.

My question now is how can a specific coin be included or played in gambling sites? Is it only because the owner of the gambling site and the developer of that coin agreed to or are there factors or qualities necessary before a coin can be added to the gambling site?

-jamyr

P.S.

The popularity of the coin comes first before you can gamble with it or gambling with it makes it popular?

I assume you are talking about Just-Dice and Clamcoins?

They are used there because Dooglus chose to use them.

Hello.

I am talking about altcoins in gambling sites(dice/slots/wheel of you-know-what,etc.). It is in my assumption that the future of any coin for it to be more popular or used, gambling is the key player.

anyways, never tried Just-Dice but I will one day.

Have a great day.

-jamyr

P.S.

I will be locking this thread in a few days. I think the general idea is already answered.

[clickerz]

There is a newly launch coin called Bash and it's lottery and gambling coin and it is fast becoming a popular gambling and lottery coin like what happen to Rbies who is very successful coin dedicated to gambling,so we can safely conclude that a coin makes a gambling site popular.

Altcoin Bash of LuckyChain is quite good because I won there What I like is that they integrated the game on wallet itself. In addition Rbies is also a good one for online games.

[hisuka]

Altcoins in gambling is sometimes good. Some are open into
an altcoins gambling like dogecoin, eth to become so popular
their website. They add an altcoin so that everyone can use
their site whom into altcoin gambling.