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Author Topic: What Do You Think About Bitcoin Betting?  (Read 2169 times)
socks435
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April 16, 2017, 11:38:15 PM
 #81

Hello, due my investment project I've started betting on soccer with bitcoins. What I can say about my experience is that it's awesome. Odds are attractively high (which makes me suspicious is there any chance I can't withdraw my money). I mean 1.7 odd at my local bookie is 2.1 at Cloudbet Which is 0.4 units difference which means that if I put $100 it's $40 which is nearly half my stake so it makes difference. 2 Bets with this difference and I can comfortably afford 1 more Smiley. Let me know what your oppinions on bitcoin betting

This is not a big deal if you bookie is giving lower odds then it is really very good but in online also their are so many chances where you can see that in one online bookie site your will get high odd and same time in another bookie site you will get lesser odd, this is what we call as margin trading and with this type of odd you can earn it without risk. but this not happen often
If the placing fee is really low with high stakes then I would say that the Casino is good considering that they pay the people that pay inside their website. If I wanted to gamble inside a Casino and the Casino owner told me that I had to make 700 bets in order to make $100 from $70 I would try a different Casino because there is a very slim chance that anyone would make that quota and cash out.
I think they are always different sometimes in other casino has a good odds sometimes its high than the other casino.
that is why i stay only  in 2 different site which is sports betting like directbet and nitrogetn sports for safety purposes.. and the other games if you are going to go dice i think yolodice is one of the good casino these days since dice games is not changing own odds.. unlike in sports betting .

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April 17, 2017, 01:40:27 AM
 #82

Betting with bitcoin is the best access to the biggest gambling industry. It has helped users who have been hesitant of gambling with fiat. By the years to come we may see the entire gambling industry working along with digital currencies. Also gambling industry too have supported much for the growth of digital currencies.
to me i think bitcoin make it possible to bet online. otherwise when bitcoin was not so much introduce i think there were few online gambling sites.  but now we can see so many gambling sites who are getting the support of bitcoin .

Since deposit and withdrawals have become very convenient with these cryptocurrencies hence online gambling has become more popular. Earlier people need to verify their personal details withdraw money, so it was not convenient for many people. But more and more people prefer to play online than going to the real casino.
Yes bitcoin and other crypto currencies are playing a vital role in promoting the technology of bitcoin and in return bitcoin is also giving them a huge profit because of a larger number of anonymous members.
Bitcoin and cryptocurrencies are playing a big role in the gambling industry. As said gambling industry have been serving good through the increased circulation than more other access got for bitcoin transaction.

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thisappointed
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April 17, 2017, 01:46:34 AM
 #83

Betting with bitcoin is fun as you can easily do it from your computer and the only thing you need is bitcoin in your wallet and a internet connection and it also gives you privacy to gamble without notifying people around you that you are in the world of gambling.

No doubt, betting with bitcoin is really give us fun and entertainment and also helpful to play gambling in a easy way. When bitcoin was not introduced than in that time, majority of the people have no interest on online gambling, and when bitcoin came than it changed the world of online gambling.     

I guess, their reason why they are interested on online gambling is because we are spending bitcoin here, and also, because others believe that gambling is one of the easiest way where we could earn bitcoin. And yes, it is true that it is more convenient to do gambling using bitcoin because it is faster and easier than using fiat, but, it is also fast when we are losing our money, in an instant.

But bitcoin betting is one of the wisest thing that online casinos did, because they could earn a lot on this, since there are many online gamblers nowadays addicted to online gambling using bitcoin.
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April 17, 2017, 01:53:02 AM
 #84

Betting with bitcoin is fun as you can easily do it from your computer and the only thing you need is bitcoin in your wallet and a internet connection and it also gives you privacy to gamble without notifying people around you that you are in the world of gambling.

No doubt, betting with bitcoin is really give us fun and entertainment and also helpful to play gambling in a easy way. When bitcoin was not introduced than in that time, majority of the people have no interest on online gambling, and when bitcoin came than it changed the world of online gambling.     

I guess, their reason why they are interested on online gambling is because we are spending bitcoin here, and also, because others believe that gambling is one of the easiest way where we could earn bitcoin. And yes, it is true that it is more convenient to do gambling using bitcoin because it is faster and easier than using fiat, but, it is also fast when we are losing our money, in an instant.

But bitcoin betting is one of the wisest thing that online casinos did, because they could earn a lot on this, since there are many online gamblers nowadays addicted to online gambling using bitcoin.

The only thing why bitcoin is very popular even in the betting gambling is an advantage obtained using bitcoin can be rotated to any business as well, so it isn't limited in gambling alone, it is true if fiat also use the same thing, but there is an understanding that bitcoin is a symbol for pleasure , while fiat is the symbol for seriousness.

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April 17, 2017, 06:45:19 AM
 #85

Betting with bitcoin is the best access to the biggest gambling industry. It has helped users who have been hesitant of gambling with fiat. By the years to come we may see the entire gambling industry working along with digital currencies. Also gambling industry too have supported much for the growth of digital currencies.
to me i think bitcoin make it possible to bet online. otherwise when bitcoin was not so much introduce i think there were few online gambling sites.  but now we can see so many gambling sites who are getting the support of bitcoin .

Since deposit and withdrawals have become very convenient with these cryptocurrencies hence online gambling has become more popular. Earlier people need to verify their personal details withdraw money, so it was not convenient for many people. But more and more people prefer to play online than going to the real casino.
Yes bitcoin and other crypto currencies are playing a vital role in promoting the technology of bitcoin and in return bitcoin is also giving them a huge profit because of a larger number of anonymous members.
Bitcoin and cryptocurrencies are playing a big role in the gambling industry. As said gambling industry have been serving good through the increased circulation than more other access got for bitcoin transaction.
It could attract more gamblers as bitcoin betting is getting more popular now, you can deposit and withdraw your money anytime you want at a very small amount of transaction fee and that alone is already a positive experience that a gambler will be attracted. Also, there are plenty of legitimate site in the crypto world so they will not have to worry whether they will be paid or not.

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