wuvdoll
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Activity: 1442
Merit: 1025
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October 12, 2017, 10:15:30 AM |
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Well people feel comfortable placing bets at home and watching their favorite teams play(i.e. Sports bettors) and so we have fully embraced Bitcoin and other cryptocurrencies in the betting world because it brings us that ease of accessibility and privacy.
I believe the arrival of bitcoin has brought so much benefits in the world of gambling that the use of fiats. One major thing that it brings with it most especially is the player's anonymity among other things. It has also helped with the payment processing issue that has been a major challenge for gamblers in the past. |
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"You Asked For Change, We Gave You Coins" -- casascius
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Fireblade
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October 12, 2017, 12:42:50 PM |
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Well people feel comfortable placing bets at home and watching their favorite teams play(i.e. Sports bettors) and so we have fully embraced Bitcoin and other cryptocurrencies in the betting world because it brings us that ease of accessibility and privacy.
I believe the arrival of bitcoin has brought so much benefits in the world of gambling that the use of fiats. One major thing that it brings with it most especially is the player's anonymity among other things. It has also helped with the payment processing issue that has been a major challenge for gamblers in the past. Bitcoin changed the trend of gambling, In fact bitcoin gave a new life to gambling, in modern time it was difficult to find time and visit a casino for gambling, bu now it has become so easy and one can play gambling without visiting any casino from their houses. You even do not need for any specific time for playing gambling but can play it at any time. You can also visit different gambling site and can select your own choice for playing gambling. |
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Don Pedro Dinero
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Activity: 1302
Merit: 1506
The first decentralized crypto betting platform
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October 12, 2017, 02:14:28 PM |
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Bitcoin gambling is so successful because it's very easy for the operator to handle its earnings and avoid tax payments if they use bitcoin mixer and then they can claim that they have bought the coins 2 years ago and are just selling it now without any connection to their online business.
Bitcoin has also a huge advantage for customers who play from a restricted country as governments can't control the transfers.
Yes, I think those are good reasons. Something similar happened when fiat gambling industry hadn’t been regulated yet. Most casinos operated from tax havens and they avoided tax payments. Players were supposed to pay taxes for their gambling earnings in many countries but online gambling wasn’t controlled by authorities and most people got away without paying taxes for their earnings. Now that fiat casinos are largely regulated, crypto ones have taken their place. I think another reason not mentioned yet is that problematic compulsive gamblers who have self-excluded from playing in fiat casinos can compulsively play in crypto ones as there are no self-exclusion features and the like (and they would be difficult to implement). |
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marcuslong
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Activity: 1036
Merit: 1002
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October 12, 2017, 03:17:16 PM |
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Gambling is very succesfull now and whenever you go gambling is everywhere since bitcoin can be easily use into gambling industry we had online now where you can easily withdraw bitcoin too business man use bitcoin not only for the sake of profit but it was really fun too.
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KroFly
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Activity: 243
Merit: 100
Blockchain with solar energy
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October 12, 2017, 03:22:11 PM |
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Bitcoin is the digital currency of the future and all that you can pay with it becomes very popular and in demand among the owners of crypto currency.
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chaser15
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Undeads.com - P2E Runner Game
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October 12, 2017, 05:22:06 PM |
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Bitcoin changed the trend of gambling, In fact bitcoin gave a new life to gambling, in modern time it was difficult to find time and visit a casino for gambling, bu now it has become so easy and one can play gambling without visiting any casino from their houses. You even do not need for any specific time for playing gambling but can play it at any time. You can also visit different gambling site and can select your own choice for playing gambling.
So to gambled you really considering going to a casino just to play gambling?  Even without bitcoin existence, online gambling is healthy. And with the arrival of bitcoin, from healthy it grows even more. You even do not need for any specific time for playing gambling but can play it at any time. You can also visit different gambling site and can select your own choice for playing gambling.
You can also do that to a normal fiat online gambling site. |
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Diced90
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October 12, 2017, 05:54:18 PM |
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Bitcoin gambling has not got to the level of fiat gambling but its slowly getting there, but generally speaking gambling is a successful industry because people are desperately in need of money as they believe it can change their life styles and gambling houses have the liquid funds readily available and people always want to try their luck without putting into consideration these guys are making lots of money.
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Barcode_
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Activity: 3010
Merit: 568
APP下载sbapp.io
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October 12, 2017, 06:04:02 PM |
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Because it gives user the freedom and comfort to gamble at any part of the world, and it provides gamblers to skip the tedious process of submitting personal identification for the KYC ( know your customer ) verification, bitcoin withdrawal is also much more faster than cashing out your winnings through bank.
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milewilda
Legendary
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Activity: 3108
Merit: 1127
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October 12, 2017, 06:12:45 PM |
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Because it gives user the freedom and comfort to gamble at any part of the world, and it provides gamblers to skip the tedious process of submitting personal identification for the KYC ( know your customer ) verification, bitcoin withdrawal is also much more faster than cashing out your winnings through bank.
This is why bitcoin gambling industry is booming up because of the convenience that it gives and the anonymity of using it which is actually true, going back in the past on where people do make use of their cards which do really disclose their identity to the house itself.We dont like that but we cant do nothing since it is the requirements for us to play.Now this is a great innovation which it makes more interest on gamblers. |
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raven7886
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Activity: 1512
Merit: 1041
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October 13, 2017, 07:56:06 AM |
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Gambling is very succesfull now and whenever you go gambling is everywhere since bitcoin can be easily use into gambling industry we had online now where you can easily withdraw bitcoin too business man use bitcoin not only for the sake of profit but it was really fun too.
It isn't successful yet! In few years to come, as more gamblers and probably some other bitcoin newbies come into the crypto world, they will want to try their hands on having some fun or finding ways to increase their funds. With the mass adoption of bitcoin, there will be more adoption of the gambling sites and most of them doing pretty good for themselves now will end up having more good and successful days ahead. |
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michkima
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October 13, 2017, 11:56:44 AM |
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Gambling is very succesfull now and whenever you go gambling is everywhere since bitcoin can be easily use into gambling industry we had online now where you can easily withdraw bitcoin too business man use bitcoin not only for the sake of profit but it was really fun too.
It isn't successful yet! In few years to come, as more gamblers and probably some other bitcoin newbies come into the crypto world, they will want to try their hands on having some fun or finding ways to increase their funds. With the mass adoption of bitcoin, there will be more adoption of the gambling sites and most of them doing pretty good for themselves now will end up having more good and successful days ahead. What are you talking about? Gambling is already a big success! There are billions of dollars being waged daily, and that is underestimating it already. There are so much bitcoin gambling sites and there are those gambling sites that have already had millions of bitcoins gambled in their gambling sites. Even without a mass adoption, we can already see that success. |
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yrreg ger
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October 13, 2017, 11:07:23 PM |
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For me, gambling industry is successful because many people find relaxation while they are playing gambling. Playing gambling can somehow ease other people's mind out of stressful things (especially when they are winning and getting hold of it) and it made them believe that gambling is what they need when they need to have fun. People feel happy and exciting when they are playing and they clings unto it. Gambling industry continues to boom especially now that people can do online gambling at home already. I think that bitcoin will contribute to the continuous growth of this industry because it had made the transactions easier.
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SportsbookBettor
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October 13, 2017, 11:35:12 PM |
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Maybe the reason why gambling has become succesful for the past year and eventually succeeding years is because there are many avid fan of gambling all over the world. It became their past time over the past years. Some gamblers too make a living out of it where they think gambling as a form of profession. But for me i think gambling help me when i feel stress because when i gamble it will decrease my bad mood.
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aaaamm
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dmamigo
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October 15, 2017, 08:59:21 PM |
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Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.
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MMA
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Activity: 1134
Merit: 1000
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October 15, 2017, 09:56:46 PM |
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Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.
yes no doubt that gambling is a big industry, but in modern time people were find it hard to get time and visit casino for gambling, in some countries where gambling was illegal, there it was even more difficult to find a casino and to there for playing gambling. But i think the digital currency made it more easy to play gambling while setting in their house and no need to visit any physical casino. |
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PatronRH
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October 16, 2017, 04:57:27 PM |
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I think this is a consequence of the high value of the bitcoin in US dollar (so in any currency). Because when you decrease the risk automatically the gain will decrease but by increasing the setting in money one rectify this problem. As a result, with bitcoin you could play safely and make money.
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emberbekas
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Activity: 1904
Merit: 1000
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October 16, 2017, 05:22:08 PM |
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Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.
True, gambling is already a well known business long before bitcoin itself was born. Bitcoin offers more reliable ways to do gamble especially for those who intend to hide their identity in this matter. With the features that bitcoin gave, people feels more secure when comes to gambling compared if they play it with fiat. That is one of the reason why gambling using bitcoin is so successful. |
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Oilacris
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October 16, 2017, 05:35:24 PM |
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Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.
True, gambling is already a well known business long before bitcoin itself was born. Bitcoin offers more reliable ways to do gamble especially for those who intend to hide their identity in this matter. With the features that bitcoin gave, people feels more secure when comes to gambling compared if they play it with fiat. That is one of the reason why gambling using bitcoin is so successful. This is one of the reason why gambling with bitcoin becomes popular because of the things that it does give into particular gambler and it is indeed true that most of us dont really like to show up our identity into those sites which do really require such informations back in the past when we do play tradition fiat gambling which we dont have any choice but to follow on what they are requiring for us to enable to play. |
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szpalata
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October 16, 2017, 08:33:04 PM |
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Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.
Exactly, the gambling industry is already big and perhaps people are finding ways to easily gamble and remain anonymous and secured as well and Bitcoin seems to be the only thing that can guarantee them that and so they are moving quickly for Bitcoin and other cryptocurrencies kind of gambling. |
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BitcoinExpart
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October 16, 2017, 08:48:36 PM |
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Gambling is already a great industry and I don't know how successful the Bitcoin gambling industry is, but many people have started gambling using Bitcoin, including me as previously gambling or betting was illegal in our area, and Bitcoin gave us the opportunity to gamble and bet. Also the anonymity played another great role for the rise of this industry.
Exactly, the gambling industry is already big and perhaps people are finding ways to easily gamble and remain anonymous and secured as well and Bitcoin seems to be the only thing that can guarantee them that and so they are moving quickly for Bitcoin and other cryptocurrencies kind of gambling. Yes, People love to get easy money as they would like to involve such of several Bitcoin gaming platforms. Here, Anonymity added extra volume. A gamer and an ownership of gambling both are getting success. |
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