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Author Topic: Gambling with Monero?  (Read 1501 times)
megynacuna
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June 08, 2017, 09:07:44 PM
 #21

That will be bad idea, you should accept multiple altcoins because monero community is not quite strong right now so you may not get enough players. But along with bitcoin you can accept multiple other alts with inbuilt exchange features.
He probably only wants to offer Monero because of the anonymity aspect perhaps?

OP, I think it will definitely be difficult to attract enough players with Monero alone, I would at least add some other altcoins to the website.
Dash perhaps?

What if he attaches a mini exchange to the gambling website where whatever Altcoin or Bitcoin you have in your possession could be exchanged for monero before you place your bet ? I think that will work because unlike ShapeShift you wouldn't be charged for the conversion but the amount will be in monero equivalent as it was in your other Altcoin.



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June 08, 2017, 09:32:44 PM
 #22

That will be bad idea, you should accept multiple altcoins because monero community is not quite strong right now so you may not get enough players. But along with bitcoin you can accept multiple other alts with inbuilt exchange features.
He probably only wants to offer Monero because of the anonymity aspect perhaps?

OP, I think it will definitely be difficult to attract enough players with Monero alone, I would at least add some other altcoins to the website.
Dash perhaps?

What if he attaches a mini exchange to the gambling website where whatever Altcoin or Bitcoin you have in your possession could be exchanged for monero before you place your bet ? I think that will work because unlike ShapeShift you wouldn't be charged for the conversion but the amount will be in monero equivalent as it was in your other Altcoin.

Idea is good but other coins conversion to monero and play is very big implement it will be as for that the store should be ready to use it and the conversion price should be ready to change according to the exchange price. But if you can install this service then you gambling site will become more famouse
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June 09, 2017, 07:21:17 AM
 #23

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.
Do you even have enough money to start a gambling site? it's really hard out there, lots of competition!
 i think you should wait for betking relaunch and use the betking platform to build your site and use your money to advertise your site.

Yes, i have money but not enough.
will be good start ICO, but i not understand how can make it..

Also i want know about betking relaunch.. how can build site with betking platform?

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MrCrank
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June 09, 2017, 07:25:07 AM
 #24

How think if I start Gambling site use only Monero.. is this good idea or not?

Definitely a good idea but you're late we at crypto-games.net ,Check out https://www.crypto-games.net/dice/monero ,are already accepting monero Smiley

yes, monero is anonymous.

I think add Dash is good idea too.
Crypto-games.net accepts dash too! Smiley We're probably the only gambling sites that supports all the coins of the future haha!



My game will be not like casino and dice..
I have great idea and want creat it without registration for full-anonimous Smiley

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MrCrank
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June 09, 2017, 07:29:13 AM
 #25

Is there any site, which accepts monero as payment for gambling
Lol, i think you didn't notice the post #8. scroll up!!

A $821,047,357 coin, doesn't have a gambling site accepting it  Cheesy Cheesy

https://gamblingbitcoin.com/monero-gambling-sites/

what you mean?

your link not work..  need use tor for visit site?

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June 09, 2017, 10:49:09 AM
 #26

It is not a good idea if you only accept one coin and that coin is alt coin, not a lot of people is keeping alt coin and want to played with monero because it only can be used as token not as investment, so let say if the gambler won then he need to exchange it to other coin immediately, because if he keep it for too long it had a chance to lose money by holding it
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June 09, 2017, 10:59:29 AM
 #27

Whether it's bitcoin or altcoins, my go is sports betting. Among different games that are available I always prefer making a betting on tennis game than anything else. These days more gambling websites have started accepting more and more altcoins.

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June 09, 2017, 02:33:10 PM
 #28

Just to try to take advantage of the current mess that bitcoin is going through. Casino users are getting tired of long confirmation times and big fees. Casinos deal with a lot of inputs and outpost so when you withdraw you may get a big fee.

Use litecoin in your exchange, I think this one may be big for casino usage if bitcoin doesn't solve the scaling problem.

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June 09, 2017, 02:41:51 PM
 #29

How think if I start Gambling site use only Monero.. is this good idea or not?
If you are planning to do something,just do it without thinking about it twice,just think about the technical feasibility and the risk involved in running a gambling site,if you could many players then it is your win even if you roll with a single coin,but it is advisable to give the options to the users rather than going for just Monero.
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June 09, 2017, 02:44:08 PM
 #30

Is there any site, which accepts monero as payment for gambling
Lol, i think you didn't notice the post #8. scroll up!!

A $821,047,357 coin, doesn't have a gambling site accepting it  Cheesy Cheesy

https://gamblingbitcoin.com/monero-gambling-sites/

what you mean?

your link not work..  need use tor for visit site?

The link doesn't work for me either, but I can imagine what is there.  Smiley There's a list of gambling sites accepting Monero.

Here's another link which I hope will work for you: https://bigcoingambling.com/monero-gambling-sites/

So, as you can see, there are  some gambling sites accepting Monero already and to attract players to your site you have to stand out not only by accepting Monero but by something else too.

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June 09, 2017, 03:32:05 PM
 #31

Whether it's bitcoin or altcoins, my go is sports betting. Among different games that are available I always prefer making a betting on tennis game than anything else. These days more gambling websites have started accepting more and more altcoins.

if there are any option to deposit cheap altcoin like dogecoin, then maybe i will playing gambling in that site but before i am played, i will deposit some amount to my account so i can directly start to played. i think to gambling with monero is not good for me, because the price of monero is too high and its too value to just for playing gambling games. for me, i think its better to hold monero and not used for playing gambling and i am prefer to use another altcoins which is more cheap than monero.

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June 09, 2017, 04:56:05 PM
 #32

How think if I start Gambling site use only Monero.. is this good idea or not?
If you are planning to do something,just do it without thinking about it twice,just think about the technical feasibility and the risk involved in running a gambling site,if you could many players then it is your win even if you roll with a single coin,but it is advisable to give the options to the users rather than going for just Monero.
that's right before starting your casino better to ask the players/gamblers since that they are the target audience there's a lots of things to consider monero is not cheap so for those pro gamblers for sure they will stick with btc instead of using alts so you should consult your target audience mate and with price swing its also needed to consider.

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June 09, 2017, 05:08:57 PM
 #33

How think if I start Gambling site use only Monero.. is this good idea or not?
If you are planning to do something,just do it without thinking about it twice,just think about the technical feasibility and the risk involved in running a gambling site,if you could many players then it is your win even if you roll with a single coin,but it is advisable to give the options to the users rather than going for just Monero.
that's right before starting your casino better to ask the players/gamblers since that they are the target audience there's a lots of things to consider monero is not cheap so for those pro gamblers for sure they will stick with btc instead of using alts so you should consult your target audience mate and with price swing its also needed to consider.

I understood that monero is not good for gamling.
dogecoin is cheap.
i think about adding dogecoin

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June 09, 2017, 06:15:20 PM
 #34

That will be bad idea, you should accept multiple altcoins because monero community is not quite strong right now so you may not get enough players. But along with bitcoin you can accept multiple other alts with inbuilt exchange features.
He probably only wants to offer Monero because of the anonymity aspect perhaps?

OP, I think it will definitely be difficult to attract enough players with Monero alone, I would at least add some other altcoins to the website.
Dash perhaps?

What if he attaches a mini exchange to the gambling website where whatever Altcoin or Bitcoin you have in your possession could be exchanged for monero before you place your bet ? I think that will work because unlike ShapeShift you wouldn't be charged for the conversion but the amount will be in monero equivalent as it was in your other Altcoin.
That could work indeed, but it's a whole different ballgame to also run an exchange aside with a casino and you'd need a way bigger investment for that.

I mean it's not impossible, Crypto-Games recently implemented an option to exchange Bitcoins and altcoins, but only after operating for a few years.


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June 09, 2017, 06:20:52 PM
 #35

How think if I start Gambling site use only Monero.. is this good idea or not?
If you are planning to do something,just do it without thinking about it twice,just think about the technical feasibility and the risk involved in running a gambling site,if you could many players then it is your win even if you roll with a single coin,but it is advisable to give the options to the users rather than going for just Monero.
that's right before starting your casino better to ask the players/gamblers since that they are the target audience there's a lots of things to consider monero is not cheap so for those pro gamblers for sure they will stick with btc instead of using alts so you should consult your target audience mate and with price swing its also needed to consider.

I understood that monero is not good for gamling.
dogecoin is cheap.
i think about adding dogecoin

The advantage by gambling with DOGE is that you can bet since very low amounts like 1 satoshi of DOGE. It's a really low amount and maybe you would like to try some strategies starting from such low amounts. Between Monero and DOGE, I would choose DOGE.

On long term it probably won't work anyway...

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June 09, 2017, 08:43:16 PM
 #36

No as many mentioned that monero community is still a developing one and I'm pretty sure your site will be a fail l.
Instead what you can do is start a bitcoin gambling site and as you see the site growing allow people to deposit the alts you like also and in this way you will already get the reputation you needed from bitcojn plus there is a chance of people wanting to gamble with alts also

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June 10, 2017, 03:49:35 AM
 #37

That will be bad idea, you should accept multiple altcoins because monero community is not quite strong right now so you may not get enough players. But along with bitcoin you can accept multiple other alts with inbuilt exchange features.
He probably only wants to offer Monero because of the anonymity aspect perhaps?

OP, I think it will definitely be difficult to attract enough players with Monero alone, I would at least add some other altcoins to the website.
Dash perhaps?

What if he attaches a mini exchange to the gambling website where whatever Altcoin or Bitcoin you have in your possession could be exchanged for monero before you place your bet ? I think that will work because unlike ShapeShift you wouldn't be charged for the conversion but the amount will be in monero equivalent as it was in your other Altcoin.
That could work indeed, but it's a whole different ballgame to also run an exchange aside with a casino and you'd need a way bigger investment for that.

I mean it's not impossible, Crypto-Games recently implemented an option to exchange Bitcoins and altcoins, but only after operating for a few years.
including the mini exchanger might help but that would only make it more complicated. especially without a fee convert it will only harm your site. for example if winning bets they will gain monero profit and exchange it to bitcoin without fee. it's better to add a bitcoin or another altcoin as a bet without a mini exchanger.

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coynedterm
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June 10, 2017, 04:18:13 AM
 #38

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.
I will suggest you not for only monero but also other famous altcoins  . Because currently the transaction fee
Very high for the Bitcoin ( about 0.001+ minimum fee ) and in this way we are lossing much amount of the money .
So idea of gambling with another altcoins is really cool . I mean if we can make gambling with the digibyte coin ,
Dash coin , eth , Montero , ripple , 1337, doge coin. Then the transaction fee for special last coins like doge coin will
Be about zero .
I would like to suggest you for the suggested all altcoin , you should include in your gambling site , so that will became
The reason of revolution of gambling in new way .


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dunfida
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June 10, 2017, 05:02:09 AM
 #39

Hello friends,

How think if I start Gambling site use only Monero.. is this good idea or not?

Thanks.
It would be a good idea if you do make more lots of coins to choose from not only on monero because there are already lots of gambling sites who do accept monero on playing to their site which means this feature isn't new anymore since people or players could able to play by using it but still a good option though rather than on putting btc alone.

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June 10, 2017, 05:47:38 AM
 #40

I say go for it, as you have mentioned that your gambling site will be different from other one's and will be having the feature of gambling without registration, Monero is near to perfect for that idea. People might hesitate at first but if your gameplay is good then gamblers will try it for sure.
If you are confident enough that people will love it then go for it.


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