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Author Topic: BTC Gambling?  (Read 1945 times)
cjmoles
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July 25, 2017, 08:38:13 PM
 #81

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.

The price of bitcoin doesn't really just go straight up.  It actually rises and falls along the way.  Many casinos operate under some money management criteria that doesn't require a 100% specific currency liquidity....they keep a certain percentage of their bankroll liquid and let their money management criteria cover the rest according to the math....kinda of like the federal reserve.
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July 25, 2017, 08:49:23 PM
 #82

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.

The price of bitcoin doesn't really just go straight up.  It actually rises and falls along the way.  Many casinos operate under some money management criteria that doesn't require a 100% specific currency liquidity....they keep a certain percentage of their bankroll liquid and let their money management criteria cover the rest according to the math....kinda of like the federal reserve.

You are correct and I am not denying it, but casinos that operate under BTC will also not sell straight and wait for the right time to sell. The reason why these "upcoming" casinos are trying to find investors is this only, that they just cannot really afford to purchase BTC at huge prices and that's why they just come up with the idea and get investors involved in their programs to get dividends, where they still don't have any losses if their management is all fine, whether fiat or btc.
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July 25, 2017, 09:06:35 PM
 #83

I think here there are many choices of dice sites that at least allowing minimal bet is 100 satoshi and it is already the lowest bet in my opinion and they have also provided a faucet inside.
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July 25, 2017, 10:47:08 PM
 #84

I think here there are many choices of dice sites that at least allowing minimal bet is 100 satoshi and it is already the lowest bet in my opinion and they have also provided a faucet inside.
Most gambling sites has faucet inside but honestly I am not after to it anymore, when I gamble I made sure I have enough money to enjoy that's why I am working hard to take a little portion of my hard earned money for entertainment. BTC gambling is the trend nowadays because it gives satisfaction to players as there is no restriction unlike a traditional gambling sites, and because of that we can have fun at a very minimal bet.

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July 25, 2017, 10:55:10 PM
 #85

I think all the dice site bet amount is 0.000001 BTC . but i recommend you to place higher bet and make the game short.. 
Kotone
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July 25, 2017, 10:56:45 PM
 #86

If you're looking for that minimum price of betting then you're usually looking for dice game which is the only game that has minimum bet of 1 satoshi however in another kind of gambling there are some limits that you can't bet therefor the limit is about 0.001 bets per round don't use forex maybe try to use different trading or exchange sites

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July 25, 2017, 10:59:50 PM
 #87

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!!


You're welcome to try our site Bit-Exo.com. We have many different games you can play with a min. bet of 0.00000001 BTC.
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July 26, 2017, 04:12:32 AM
 #88

I think it will be good to get a minimum price of betting were everybody will be accumulated . because the poor guy may not have much to risk at once than the rich guy.

The best sports prediction app. King  Sports Tips. http://bit.ly/2TXg9JY
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July 26, 2017, 06:23:51 AM
 #89

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 don't think any better site will have the option of the gambling with bet less than 0.00001 btc because this is that low amount of Bitcoin whose win or lose doesn't matter for you and also for the casino .
But still you can find freebitco.in which is faucet site where you can collect 70-80 Satoshi per hour and can place minimum bet of 1 Satoshi , but here I don't think you can make profit more than 5% of the initial bet because the house edge limit of the site is very bad and can result into loss of the bet 18 times continuously ( happened already with me ) .
So it will be more better for you to go with sports gambling at nitrogensports.eu or any other else instead to go at such type of low paying and risky sites .
Well 0.00001 bitcoin may not be a big deal for any individual who is paying this bitcoin but it will be a big deal for the casino owners because they have to deal with the many people at a time and here one plus one makes two will definitely affect them. In simple words the frequency of casino transaction is much bigger than the individual’s transaction.

I guess casinos will accept bitcoin from players but will pay in Alts when they win. The profit margin will automatically reduce if you are playing with a lesser amount.
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July 26, 2017, 07:49:30 AM
 #90

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
No need to wait for 1st August even now the price of bitcoin is reached 2800 dollars which is quite impressive. May be after 1 august when the Segwit will be successfully activated the transaction fees will become cheap and this might help in getting good results for the players. They can bet with much higher values for increased profit opportunities.

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July 26, 2017, 09:08:06 AM
 #91

My suggestion would be Freebitco.in, Bitsler or Primedice. Those are my favorite sites with low minimum bet size. And they are all user friendly and both Bitsler and Primedice have this chat feature for different countries so you can communicate and make friends from the same country you're in or if you are having trouble they'll be able to help you out walk through the site.
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July 26, 2017, 12:45:46 PM
 #92

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
No need to wait for 1st August even now the price of bitcoin is reached 2800 dollars which is quite impressive. May be after 1 august when the Segwit will be successfully activated the transaction fees will become cheap and this might help in getting good results for the players. They can bet with much higher values for increased profit opportunities.
Right the value of the bitcoin is stable now, and once this coming segwit2x activated successfully, what we are facing issues from Bitcoin transaction now that problem will be solved, and we can use bitcoins easily to play gambling. If you think the price of the bitcoin is high to play gambling, then switch your coins to altcoins and play they have very less fee, and transaction speed is very fast to compare BTC transaction. 
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July 26, 2017, 01:15:08 PM
 #93

growing number who understand will thus more then bitcoin request so many game sites in gambling using BTC. because gambling BTC is very easy, simple by giving a certain pleasure for users. then that value price bitcoin many feel there are advantages of gambling game with BTC. I'm sure bitcoin will become the gambling trend icon in the future.
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July 26, 2017, 01:58:45 PM
 #94

Usually, every gambling site have minimum bet size less than 1 satoshi, everyone can play it easily. Believe me i don't see any gambling site have in-affordable size of bet, except sports betting and poker. Because only these games need skillful gambler and i know every skillful gambler want to win big bet. I am sure it is not a valid reason, but it is my own thinking, because i am sports gambler and i always want to play more than 1 satoshi and also win big money.   
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July 26, 2017, 02:02:36 PM
 #95

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!!


Actually not only primedice, almost all dice gambling sites always have low minimum betting using bitcoin. But for bitcoin sportsbook and online bitcoin casinos, the minimum betting is always 0.001 and i think it's fair. Because if we can use the minimum betting is 0.0000ish for sportsbook/casino, it will become bad for the gambling site owner, cmiiw.
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July 26, 2017, 03:42:03 PM
 #96

My suggestion would be Freebitco.in, Bitsler or Primedice. Those are my favorite sites with low minimum bet size. And they are all user friendly and both Bitsler and Primedice have this chat feature for different countries so you can communicate and make friends from the same country you're in or if you are having trouble they'll be able to help you out walk through the site.

The 3 dice site you mentioned are all good but I prefer Bitsler more because it has a good interface and you can also use altcoins to bet. Primedice is also good but what I don't like in that site is the chat room because they don't have available for my country.
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