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Author Topic: BTC Gambling?  (Read 1942 times)
michkima
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July 21, 2017, 08:18:09 AM
 #61

I believe in new future gambling sites are going to support to gamble even with lesser than one satoshi. There are lot of speculations about bitcoin prices reaching to some unimaginable levels in millions hence to support gamblers with possible minimum I guess gambling sites may go for diving one satoshi into centi and then milli so that they can keep the same level of USD equivalent minimum betting for gambling.
The biggest advantage of crypto based gambling must be enabling us to gamble even with the value lesser than one USD cent. But the recent price up surge of bitcoin is making this capability of crypto gambling practically impossible  but I believe we can switch over to other altcoins so that we can still enjoy gambling with least possible amount of money.

Exchanges are having the practice of switching over to litecoin denominated trading when bitcoin denominated trading reaches no buyer even for 1 satoshi. Same thing could be followed for gambling. That's all.

Wait for August 1 and we won't have to use altcoins in order to make low value deposits Smiley

How sure are you that it would happen? You seems so sure about your statement.

There is no guarantee about your implication of a fork that would happen on august 1. Also, why would we be able to make low value deposits by that time, in case there would be a fork?
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July 21, 2017, 10:54:35 AM
Last edit: July 22, 2017, 04:09:39 PM by naidray
 #62

I believe in new future gambling sites are going to support to gamble even with lesser than one satoshi. There are lot of speculations about bitcoin prices reaching to some unimaginable levels in millions hence to support gamblers with possible minimum I guess gambling sites may go for diving one satoshi into centi and then milli so that they can keep the same level of USD equivalent minimum betting for gambling.
The biggest advantage of crypto based gambling must be enabling us to gamble even with the value lesser than one USD cent. But the recent price up surge of bitcoin is making this capability of crypto gambling practically impossible  but I believe we can switch over to other altcoins so that we can still enjoy gambling with least possible amount of money.

Exchanges are having the practice of switching over to litecoin denominated trading when bitcoin denominated trading reaches no buyer even for 1 satoshi. Same thing could be followed for gambling. That's all.

Wait for August 1 and we won't have to use altcoins in order to make low value deposits Smiley

How sure are you that it would happen? You seems so sure about your statement.

There is no guarantee about your implication of a fork that would happen on august 1. Also, why would we be able to make low value deposits by that time, in case there would be a fork?
He sounds like chain split is going to happen and then bitcoin prices may fall like that. I believe we will be proved wrong in quick time as softfork is emerging and we are going to have more value for bitcoins which will be enforcing us to look for some other altcoins for the need of depositing lower value for gambling purposes.

I guess in near future we will be switching over to new lower unit for bitcoins like some new units which will be denoting value less than one satoshi also. From that we can find easy solutions for massive bitcoin prices for gambling regard...
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July 21, 2017, 11:01:14 AM
 #63

I believe in new future gambling sites are going to support to gamble even with lesser than one satoshi. There are lot of speculations about bitcoin prices reaching to some unimaginable levels in millions hence to support gamblers with possible minimum I guess gambling sites may go for diving one satoshi into centi and then milli so that they can keep the same level of USD equivalent minimum betting for gambling.
The biggest advantage of crypto based gambling must be enabling us to gamble even with the value lesser than one USD cent. But the recent price up surge of bitcoin is making this capability of crypto gambling practically impossible  but I believe we can switch over to other altcoins so that we can still enjoy gambling with least possible amount of money.

Exchanges are having the practice of switching over to litecoin denominated trading when bitcoin denominated trading reaches no buyer even for 1 satoshi. Same thing could be followed for gambling. That's all.

Wait for August 1 and we won't have to use altcoins in order to make low value deposits Smiley

How sure are you that it would happen? You seems so sure about your statement.

There is no guarantee about your implication of a fork that would happen on august 1. Also, why would we be able to make low value deposits by that time, in case there would be a fork?

With new implementations fees will go down significantly.
Remember when we could send bitcoin transactions without fees at all and they would go through in a day? I do, and I believe we'll come close to it, not free, but certainly not as big as today!

Looking for a signature campaign.
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July 22, 2017, 04:00:33 PM
 #64

Now a lot of gambling sites are here where you could use minimum satoshi. But only specific games are here where we need to use more than minimize. But in dice games and in every casino offer to use less than 1 satoshi. It is too cheap rate, but i think if we have a dare to start bet then better to use more than 1 or 2 satoshi.   
Yes of course, if it comes to betting which surely means that you either win of you loss then why don’t go for a bigger amount which will enable you to earn bigger. It is just like investment in this case the amount you are offering to bet is actually your investment and a very short term which have the ultimate result and you get your profit and loss on the spot, so big betting means big earnings and vice versa.
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July 22, 2017, 05:14:40 PM
 #65

Now a lot of gambling sites are here where you could use minimum satoshi. But only specific games are here where we need to use more than minimize. But in dice games and in every casino offer to use less than 1 satoshi. It is too cheap rate, but i think if we have a dare to start bet then better to use more than 1 or 2 satoshi.   
Yes of course, if it comes to betting which surely means that you either win of you loss then why don’t go for a bigger amount which will enable you to earn bigger. It is just like investment in this case the amount you are offering to bet is actually your investment and a very short term which have the ultimate result and you get your profit and loss on the spot, so big betting means big earnings and vice versa.

When we have gambling in mind, it shouldn't be mixed with earnings or income. Gambling isn't a legitimate occupation which can bring you fix return. It should be played only for fun and enjoyment and I don't feel betting less wouldn't fulfil this. Even 1 sat roll can be really enjoyable.
Well concerning 1 sat roll, my favorite site is Bitsler.
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July 22, 2017, 08:48:16 PM
 #66

Now a lot of gambling sites are here where you could use minimum satoshi. But only specific games are here where we need to use more than minimize. But in dice games and in every casino offer to use less than 1 satoshi. It is too cheap rate, but i think if we have a dare to start bet then better to use more than 1 or 2 satoshi.   
Yes of course, if it comes to betting which surely means that you either win of you loss then why don’t go for a bigger amount which will enable you to earn bigger. It is just like investment in this case the amount you are offering to bet is actually your investment and a very short term which have the ultimate result and you get your profit and loss on the spot, so big betting means big earnings and vice versa.

When we have gambling in mind, it shouldn't be mixed with earnings or income. Gambling isn't a legitimate occupation which can bring you fix return. It should be played only for fun and enjoyment and I don't feel betting less wouldn't fulfil this. Even 1 sat roll can be really enjoyable.
Well concerning 1 sat roll, my favorite site is Bitsler.
It seems to me that gambling is already more than debauchery. Because this passion and hobby can lead to very sad consequences. Whoever has not met them yet, may not understand all the seriousness of things.

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July 23, 2017, 10:52:34 AM
 #67

Now a lot of gambling sites are here where you could use minimum satoshi. But only specific games are here where we need to use more than minimize. But in dice games and in every casino offer to use less than 1 satoshi. It is too cheap rate, but i think if we have a dare to start bet then better to use more than 1 or 2 satoshi.   
Yes of course, if it comes to betting which surely means that you either win of you loss then why don’t go for a bigger amount which will enable you to earn bigger. It is just like investment in this case the amount you are offering to bet is actually your investment and a very short term which have the ultimate result and you get your profit and loss on the spot, so big betting means big earnings and vice versa.

When we have gambling in mind, it shouldn't be mixed with earnings or income. Gambling isn't a legitimate occupation which can bring you fix return. It should be played only for fun and enjoyment and I don't feel betting less wouldn't fulfil this. Even 1 sat roll can be really enjoyable.
Well concerning 1 sat roll, my favorite site is Bitsler.
It seems to me that gambling is already more than debauchery. Because this passion and hobby can lead to very sad consequences. Whoever has not met them yet, may not understand all the seriousness of things.

That's the reason I always recommend people to restrict gambling upto the limit of enjoyment, never bring it mainstream as your earning. There is no fun giving big BTC to gambling sites owners for nothing. It is always good to gamble small amounts, it is enough to shake your adrenaline.  Cheesy
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July 23, 2017, 06:59:11 PM
 #68

Definitely Crypto-Games, they allow bets of *any* size, no matter how small.
Small bets on the dice game do go slower if you choose to bet automatically, but it's possible to bet as low as you want!

Minimum bets on games other than dice have a minimum bet size of 0.00001, but that's also pretty low IMO.
The dice bets that are low budgeted are good for those who pass their time by gambling because even if they lose they lose a little which will hopefully be a matter of great damage to the gamblers.
Gambling should be played with a lesser and minimum possible amount. It will be more convenient for the players to bear less.
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July 23, 2017, 08:25:24 PM
 #69

Definitely Crypto-Games, they allow bets of *any* size, no matter how small.
Small bets on the dice game do go slower if you choose to bet automatically, but it's possible to bet as low as you want!

Minimum bets on games other than dice have a minimum bet size of 0.00001, but that's also pretty low IMO.
The dice bets that are low budgeted are good for those who pass their time by gambling because even if they lose they lose a little which will hopefully be a matter of great damage to the gamblers.
Gambling should be played with a lesser and minimum possible amount. It will be more convenient for the players to bear less.
The fact is that the minimum rate is not always someone can arrange. The fact is that a gambler feels more comfortable when starting to hold on to large sums. Apparently this is not a game of drugs, but nevertheless it is.

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July 23, 2017, 11:06:57 PM
 #70

Now a lot of gambling sites are here where you could use minimum satoshi. But only specific games are here where we need to use more than minimize. But in dice games and in every casino offer to use less than 1 satoshi. It is too cheap rate, but i think if we have a dare to start bet then better to use more than 1 or 2 satoshi.   
Yes of course, if it comes to betting which surely means that you either win of you loss then why don’t go for a bigger amount which will enable you to earn bigger. It is just like investment in this case the amount you are offering to bet is actually your investment and a very short term which have the ultimate result and you get your profit and loss on the spot, so big betting means big earnings and vice versa.

When we have gambling in mind, it shouldn't be mixed with earnings or income. Gambling isn't a legitimate occupation which can bring you fix return. It should be played only for fun and enjoyment and I don't feel betting less wouldn't fulfil this. Even 1 sat roll can be really enjoyable.
Well concerning 1 sat roll, my favorite site is Bitsler.
It seems to me that gambling is already more than debauchery. Because this passion and hobby can lead to very sad consequences. Whoever has not met them yet, may not understand all the seriousness of things.

That's the reason I always recommend people to restrict gambling upto the limit of enjoyment, never bring it mainstream as your earning. There is no fun giving big BTC to gambling sites owners for nothing. It is always good to gamble small amounts, it is enough to shake your adrenaline.  Cheesy
yes i am also agree with you. in fact those people who are playing gambling with limits they have more chance to make money and also to avoid risk of losing money. but those unfortunately most of the people specially those people who do not have any limit for their gambling they mostly lose money in gambling as compare to those people who always play gambling with some limits.
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July 23, 2017, 11:12:00 PM
 #71

Now a lot of gambling sites are here where you could use minimum satoshi. But only specific games are here where we need to use more than minimize. But in dice games and in every casino offer to use less than 1 satoshi. It is too cheap rate, but i think if we have a dare to start bet then better to use more than 1 or 2 satoshi.   
Yes of course, if it comes to betting which surely means that you either win of you loss then why don’t go for a bigger amount which will enable you to earn bigger. It is just like investment in this case the amount you are offering to bet is actually your investment and a very short term which have the ultimate result and you get your profit and loss on the spot, so big betting means big earnings and vice versa.

When we have gambling in mind, it shouldn't be mixed with earnings or income. Gambling isn't a legitimate occupation which can bring you fix return. It should be played only for fun and enjoyment and I don't feel betting less wouldn't fulfil this. Even 1 sat roll can be really enjoyable.
Well concerning 1 sat roll, my favorite site is Bitsler.
It seems to me that gambling is already more than debauchery. Because this passion and hobby can lead to very sad consequences. Whoever has not met them yet, may not understand all the seriousness of things.

That's the reason I always recommend people to restrict gambling upto the limit of enjoyment, never bring it mainstream as your earning. There is no fun giving big BTC to gambling sites owners for nothing. It is always good to gamble small amounts, it is enough to shake your adrenaline.  Cheesy
yes i am also agree with you. in fact those people who are playing gambling with limits they have more chance to make money and also to avoid risk of losing money. but those unfortunately most of the people specially those people who do not have any limit for their gambling they mostly lose money in gambling as compare to those people who always play gambling with some limits.
There are still risk and in gambling you never avoid the risk you can be still experience to lose in gambling the risk is always there but you can reduce the risk to lose  a lot if you are limiting your bets or you are betting only for small amount just to reduce the risk and reduce the loses amount you can bet a small amount or either exchange your bitcoin into altcoin and use the lowest bet and i heard there are gamblers are actually can make a good profit in gambling with small bets and small amount..

Make crypto as your bank.
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July 25, 2017, 10:29:14 AM
 #72

1 satoshi i common on most of the gambling sites and gambling at 1 satoshi won't make any big difference even if you win because minimum withdrawal on most sites is 0.001 which is standard throughout gambling. If you want to gamble below 1 satoshi buy doge they allow people to gamble with 1 doge which is 0.001 satoshi or something around this
that's right if you would like to bet lower than 1 sat then buy doge as its also been use for some gambling site they will allow you to bet using
this coin and you will be able to bet much smaller stake then convert it to btc again if ever you win and enjoy.
Not a good to choose dogecoin just to bet a smallest bet.. i think you can use even just a ethereum is enough to gamble for small value..
For now because of the price increase of bitcoin i think the gambling activity using bitcoin will be affected and i think the price of bitcoin can be increase more soon that i think it can reduce our activity in gambling or if we want to stay long in gambling and play with small bets exchange bitcoin into altcoin is good alternative..
I think the increasing price of bitcoin will build confidence in the gamblers playing with bitcoin. Also the gambling websites will prefer to collect bitcoin from their clients instead of Altcoins. The betting valve may move down due to the increase in bitcoin price which is again in the interest of both the clients and casinos. I don’t think the casino will prefer alt over bitcoin to collect from the players.
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July 25, 2017, 05:05:32 PM
 #73

Low minimum BTC Gambling sites?

They all start the minimum bet size at .001 btc or .0001 btc. Im looking for a gambling website that has the lowest bet size at .0000001 or less. Low btc minimum betting sites around?. Anyone know any?

Or low minimum (.0000001 btc or less) btc Forex that accepts USA?

So far looks like primedice the only one.

Any info? Thanks!!

i'm not sure if you have try many gambling site,a simple example if we play in freebitco.in,it have low amount of play,0.000001
and many site also have,i think you have strategy for playing,its why you need to play with very small amount,you can share that strategy while people here suggest you any site can you play.
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July 25, 2017, 05:19:40 PM
 #74

Low minimum BTC Gambling sites?

They all start the minimum bet size at .001 btc or .0001 btc. Im looking for a gambling website that has the lowest bet size at .0000001 or less. Low btc minimum betting sites around?. Anyone know any?

Or low minimum (.0000001 btc or less) btc Forex that accepts USA?

So far looks like primedice the only one.

Any info? Thanks!!

i'm not sure if you have try many gambling site,a simple example if we play in freebitco.in,it have low amount of play,0.000001
and many site also have,i think you have strategy for playing,its why you need to play with very small amount,you can share that strategy while people here suggest you any site can you play.
we can play dice game in any website the min amount of bet size is 1 Satoshi. Becasue if any one put big margin here that site will not get many players. Becasue this game is not profitable and this game has more house edge to compare other games. You are looking for the same game then try my signature Bitsler you have access to play with other altcoins. 
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July 25, 2017, 06:26:41 PM
 #75

Try gambling in bitsler.com. Low rate of bitcoins and there is a faucet for you if you dont have enough money. I really recommend you using it. And what makes it cool is that it is a real paying site.
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July 25, 2017, 06:46:29 PM
 #76

I bet that whether accepting US traders or not but you won't find any forex broker who will allow you to trade with just 10 sats volume per pip, that's so cheap. And if you want to do gambling, then I have been getting paid my coins in my Betcoin account every month and I gamble 0.000001 easily as that's the minimum there, but chances of winning are more so you may try out to play there.
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July 25, 2017, 07:33:42 PM
 #77

Low minimum BTC Gambling sites?

They all start the minimum bet size at .001 btc or .0001 btc. Im looking for a gambling website that has the lowest bet size at .0000001 or less. Low btc minimum betting sites around?. Anyone know any?

Or low minimum (.0000001 btc or less) btc Forex that accepts USA?

So far looks like primedice the only one.

Any info? Thanks!!


It's hard for online casinos to keep up with the volatility of bitcoin in order to keep their gambling site's minimum and maximums bets stable....a min bet of 25 cents, about ~year ago, is now $2.50 today, and it goes up and down on a daily basis....keeping the limits within the ranges of the site's bankroll is serious business to a gambling operation....So, we have to be patient with them.
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July 25, 2017, 07:51:40 PM
 #78

Low minimum BTC Gambling sites?

They all start the minimum bet size at .001 btc or .0001 btc. Im looking for a gambling website that has the lowest bet size at .0000001 or less. Low btc minimum betting sites around?. Anyone know any?

Or low minimum (.0000001 btc or less) btc Forex that accepts USA?

So far looks like primedice the only one.

Any info? Thanks!!


It's hard for online casinos to keep up with the volatility of bitcoin in order to keep their gambling site's minimum and maximums bets stable....a min bet of 25 cents, about ~year ago, is now $2.50 today, and it goes up and down on a daily basis....keeping the limits within the ranges of the site's bankroll is serious business to a gambling operation....So, we have to be patient with them.

 I don't think this should be a problem because the site is denominated in btc and not in fiat which means it does not concern them what the value of bitcon is saying on exchange sites. And if I wager 0.01btc for 1.1 then I get 0.011btc its as simple as that irrespective of the price as at that time and the same goes to those who bankroll the site.
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July 25, 2017, 08:04:50 PM
 #79

Low minimum BTC Gambling sites?

They all start the minimum bet size at .001 btc or .0001 btc. Im looking for a gambling website that has the lowest bet size at .0000001 or less. Low btc minimum betting sites around?. Anyone know any?

Or low minimum (.0000001 btc or less) btc Forex that accepts USA?

So far looks like primedice the only one.

Any info? Thanks!!


It's hard for online casinos to keep up with the volatility of bitcoin in order to keep their gambling site's minimum and maximums bets stable....a min bet of 25 cents, about ~year ago, is now $2.50 today, and it goes up and down on a daily basis....keeping the limits within the ranges of the site's bankroll is serious business to a gambling operation....So, we have to be patient with them.

 I don't think this should be a problem because the site is denominated in btc and not in fiat which means it does not concern them what the value of bitcon is saying on exchange sites. And if I wager 0.01btc for 1.1 then I get 0.011btc its as simple as that irrespective of the price as at that time and the same goes to those who bankroll the site.

Yes....if the site maintains a 100% liquidity in bitcoin than it may not be a problem.  But, if they don't maintain a 100% bitcoin liquidity because they've converted or hold some of their bankroll in USD, then it could be very bad if a jackpot was hit with a max bet while bitcoin's value was at a maximum, right?
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July 25, 2017, 08:07:54 PM
 #80

Low minimum BTC Gambling sites?

They all start the minimum bet size at .001 btc or .0001 btc. Im looking for a gambling website that has the lowest bet size at .0000001 or less. Low btc minimum betting sites around?. Anyone know any?

Or low minimum (.0000001 btc or less) btc Forex that accepts USA?

So far looks like primedice the only one.

Any info? Thanks!!


It's hard for online casinos to keep up with the volatility of bitcoin in order to keep their gambling site's minimum and maximums bets stable....a min bet of 25 cents, about ~year ago, is now $2.50 today, and it goes up and down on a daily basis....keeping the limits within the ranges of the site's bankroll is serious business to a gambling operation....So, we have to be patient with them.

 I don't think this should be a problem because the site is denominated in btc and not in fiat which means it does not concern them what the value of bitcon is saying on exchange sites. And if I wager 0.01btc for 1.1 then I get 0.011btc its as simple as that irrespective of the price as at that time and the same goes to those who bankroll the site.

Yes....if the site maintains a 100% liquidity in bitcoin than it may not be a problem.  But, if they don't maintain a 100% bitcoin liquidity because they've converted or hold some of their bankroll in USD, then it could be very bad if a jackpot was hit with a max bet while bitcoin's value was at a maximum, right?

Why would they convert when they are dealing in Bitcoins itself? That too knowingly when the price is getting boomed up?
I don't think so, but yeah if a JackPot is hit, they will have to pay the coins no matter what's the price of BTC is in USD.
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