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Question: What coins do you mostly gamble with?
bitcoin
ethereum
litecoin
a coin based on eth platform
dogecoin
I don't gamble much
old-school fiat is best for me
other coin

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Author Topic: Gambling with altcoins  (Read 4809 times)
poplolnman
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December 21, 2017, 06:12:16 AM
 #361

Before some time you couldn't find a site that had accepted altcoins for the games. Today altcoins are widely accepted and as the market changes and as the developers behind the altcoins are improving their software and the price of the altcoin is shifting the casinos are spreading their payment portfolio and changing the means of the payment. I am personally only gambling with the BTC and I am not afraid of segwit. Other gamblers are trying alternatives like Dogecoin and Monero. In some casinos, the Bitcoin minimal bet had stayed the same that is why many of the users are escaping from it in the gambling rooms and are using other altcoins.
Yeah people switch their needs in digital money to altcoins since bitcoin recognized as an expensive one with its high fee , not wort for you to transfer money frequently. It could be gamble and investment at the same time , if you want to take another risk I think it's better to gamble with altcoins to convert it later in the future to bitcoin in larger amount.

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December 21, 2017, 07:08:46 AM
 #362

You can check WBet7.com - bet accept almost altcoin like Dogecoin, Ethereum, Monacoin, Vertcoin, Litecoin....
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December 21, 2017, 07:29:19 AM
 #363

You can check WBet7.com - bet accept almost altcoin like Dogecoin, Ethereum, Monacoin, Vertcoin, Litecoin....
Because those a valuable alts where we can keep it for almost year. Monoco is very potential coin that other gambling site can also use it as their accepts payments. There are many site now accepts altcoins because the bitcoin now is so much more expensive so other site much more prefered now altcoins than btc they turning their heads to altcoins now that is why there are many gamblers more buying alts now than btc because of the price of bitcoin it will affect also the subscribers.

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December 22, 2017, 10:59:45 PM
 #364

Has anyone heard of vertcoin and using it for betting with but do not hold any.
Is it a reliable coin to use as a replacement for bitcoin?
Will give it a try once I get my bitcoin out of being stuck in the blockchain for a whole day now due to a low fee paid of $25. Roll Eyes
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December 23, 2017, 01:00:36 AM
 #365

it is now the right to switch from bitcoin to other cryptocurrency like dogecoin for betting where the transaction of bitcoin is quite high now. it is also gives an opportunity to other altcoins to rise as they they were used as an alternative choice for betting, the only advantage they have is the high tps and low tx fee.
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December 23, 2017, 04:55:50 AM
 #366

Even though to me, Litecoin is not really that coin that I desires to keep, I still think it will be good to gamble with altcoins than with bitcoin.
Do you even look at the transaction fee for sending bitcoin?
If you send some  bitcoin to your gambling platform, you are quite still unsure if you will be wining the game or not.
Its doesn't make any sense wasting all that money on transfer and playing and still fail.
So I think altcoins are the best option for gambling, because of the less transaction fee.

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December 23, 2017, 10:33:13 AM
 #367

Before some time you couldn't find a site that had accepted altcoins for the games. Today altcoins are widely accepted and as the market changes and as the developers behind the altcoins are improving their software and the price of the altcoin is shifting the casinos are spreading their payment portfolio and changing the means of the payment. I am personally only gambling with the BTC and I am not afraid of segwit. Other gamblers are trying alternatives like Dogecoin and Monero. In some casinos, the Bitcoin minimal bet had stayed the same that is why many of the users are escaping from it in the gambling rooms and are using other altcoins.
Yeah people switch their needs in digital money to altcoins since bitcoin recognized as an expensive one with its high fee , not wort for you to transfer money frequently. It could be gamble and investment at the same time , if you want to take another risk I think it's better to gamble with altcoins to convert it later in the future to bitcoin in larger amount.
Honestly, unless for someone who is planning to leave their funds on the gambling site, it is not really something that really makes any sense.

It is good though that most of these gambling sites are already offering a lot of altcoins that you can make use of and try your hands around, which with the transaction, makes it cool compared to bitcoin, until maybe when we have the scaling issue solved.

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December 23, 2017, 10:40:11 AM
 #368

Even though to me, Litecoin is not really that coin that I desires to keep, I still think it will be good to gamble with altcoins than with bitcoin.
Do you even look at the transaction fee for sending bitcoin?
If you send some  bitcoin to your gambling platform, you are quite still unsure if you will be wining the game or not.
Its doesn't make any sense wasting all that money on transfer and playing and still fail.
So I think altcoins are the best option for gambling, because of the less transaction fee.

Agreed, we have to spend more than $25 for transaction fee if we are using bitcoin to gamble. It is not small amount for some gambler including me, while in fact I can use that $25 for gamble instead of to pay the fee. So using altcoin is the best option to gamble now, recently I prefer to use dogecoin because I need to spend less than 5 doge for the transaction fee.
Hopefully all the bitcoin network problem will back to normal again so we do not need to spend so many dollars just for the transaction fee.



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December 23, 2017, 11:19:57 AM
 #369

Bitcoin transaction fees is starting to get more and more expensive for gamblers to deposit into their account on gambling sites, so I believe the market for altcoins will grow bigger in future on the gambling community, and we can surely expect to see more players wagering with altcoins.
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December 23, 2017, 12:28:51 PM
 #370

Even though to me, Litecoin is not really that coin that I desires to keep, I still think it will be good to gamble with altcoins than with bitcoin.
Do you even look at the transaction fee for sending bitcoin?
If you send some  bitcoin to your gambling platform, you are quite still unsure if you will be wining the game or not.
Its doesn't make any sense wasting all that money on transfer and playing and still fail.
So I think altcoins are the best option for gambling, because of the less transaction fee.
Altcoin gambling is growing day by day and it is quite a bit easier way to earn by altcoin gambling as the price of altcoin picking up and also as you said transaction fee is less than the bitcoin that is the main reason to say altcoin gambling is a better option.

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December 23, 2017, 01:52:38 PM
 #371

Bitcoin transaction fees is starting to get more and more expensive for gamblers to deposit into their account on gambling sites, so I believe the market for altcoins will grow bigger in future on the gambling community, and we can surely expect to see more players wagering with altcoins.
transaction costs are what causes gamblers to find other options to start gambling and of course altcoin is one that can provide transaction fee waivers. and as long as I'm a doge is the best option to gamble
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December 23, 2017, 02:11:04 PM
 #372

If you want to bet with altcoin like Dogecoin, WBet7.com is good option for you. We accept DogeCoin, no verification document required, payment is automatically and instantly.
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December 27, 2017, 06:17:55 PM
 #373

If I was going to gamble for profit I would use bitcoin but if it just for fun and enjoyment I would be more inclined to use alt coins. Although if I did win big with them I would have been annoyed that I didn't use bitcoin.

What's the difference, I see no difference with what you just stated. There is no advantage when you use bitcoins for gambling if you just want to enjoy or you want to make a profit. They both have the same chances of winning or even profits. If you gamble with altcoins it is also the same, you will have no advantage doing so. In fact it is much more disadvantageous to use altcoins as you have the converting to it problem.
Bitcoin and altcoins has their respective value, the only big difference why people will prefer to use altcoins is because of the transaction fee, but I can still say that there are still a lot of bitcoin users than altcoins users in gambling because bitcoin is more popular and people trust it more than altccoins. For people, who are wise enough and constantly gamble, they will take advantage on the less transaction fees as long as a certain altcoins is a high volume ones.
Right, the amount of cash you will have to pay as transaction fee is just quite huge and that makes it unbearable and having to wait a long time even with the transaction fee even sucks the more. Just recently, I tried withdrawing from freebitco.in and now it has taken over 2 days even after it has been added to a block and still not confirmed yet. Altcoins are already taking the space.

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December 27, 2017, 11:52:37 PM
 #374

If I was going to gamble for profit I would use bitcoin but if it just for fun and enjoyment I would be more inclined to use alt coins. Although if I did win big with them I would have been annoyed that I didn't use bitcoin.

What's the difference, I see no difference with what you just stated. There is no advantage when you use bitcoins for gambling if you just want to enjoy or you want to make a profit. They both have the same chances of winning or even profits. If you gamble with altcoins it is also the same, you will have no advantage doing so. In fact it is much more disadvantageous to use altcoins as you have the converting to it problem.
Bitcoin and altcoins has their respective value, the only big difference why people will prefer to use altcoins is because of the transaction fee, but I can still say that there are still a lot of bitcoin users than altcoins users in gambling because bitcoin is more popular and people trust it more than altccoins. For people, who are wise enough and constantly gamble, they will take advantage on the less transaction fees as long as a certain altcoins is a high volume ones.
Right, the amount of cash you will have to pay as transaction fee is just quite huge and that makes it unbearable and having to wait a long time even with the transaction fee even sucks the more. Just recently, I tried withdrawing from freebitco.in and now it has taken over 2 days even after it has been added to a block and still not confirmed yet. Altcoins are already taking the space.

Problem is, if you do not have bitcoins then there is little chance that you would have altcoins. There are not much services accepting fiat as payment to get altcoins. Usually, to get altcoins you have to trade bitcoins for them, hence the problem now is that you will still have to use bitcoins. If you have bitcoins then deposit it directly to the casino than do the extra step of converting your bitcoins to altcoins and vice versa when you want to cash out.
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January 02, 2018, 09:47:24 PM
 #375

If you want to bet with altcoin like Dogecoin, WBet7.com is good option for you. We accept DogeCoin, no verification document required, payment is automatically and instantly.

How are you so sure about that casino? it has no reviews at all in this forum, it is a little bit risky to try to join or click a link that cames from a newbie.

I dont know, but i searched it on the internet and there are no reviews at all, at least on facebook and twitter.

Maybe if you can explain it a little bit we can enter to your casino and start our journey in there.


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Ziskinberg
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January 02, 2018, 11:44:34 PM
 #376

Bitcoin transaction fees is starting to get more and more expensive for gamblers to deposit into their account on gambling sites, so I believe the market for altcoins will grow bigger in future on the gambling community, and we can surely expect to see more players wagering with altcoins.
In altcoins market we have a lot of choices and I hope more casinos will accept altcoins so it will give us a chance to gamble all the time.
Bitcoin is good but not this days due to the transaction fee and you cannot just bet small amount as the fee alone will already kill your bankroll, still majority are accepting only bitcoin but sooner they will realize that it will attract more customers when they start accepting altcoins.



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gabmen
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January 03, 2018, 03:35:08 PM
 #377

If you want to bet with altcoin like Dogecoin, WBet7.com is good option for you. We accept DogeCoin, no verification document required, payment is automatically and instantly.

How are you so sure about that casino? it has no reviews at all in this forum, it is a little bit risky to try to join or click a link that cames from a newbie.

I dont know, but i searched it on the internet and there are no reviews at all, at least on facebook and twitter.

Maybe if you can explain it a little bit we can enter to your casino and start our journey in there.



Obviously they're promoting their casino and best way to find out would be to go to their site. Though doge is already being commonly used for gambling, even some exchanges hat have dice feature allows you to use doge

drmarcobelli
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January 03, 2018, 03:41:14 PM
 #378

I started using alts for gambling cuz if the fees.
Using betcoin.ag

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wbet7.com
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January 08, 2018, 03:11:09 PM
 #379

If you want to bet with altcoin like Dogecoin, WBet7.com is good option for you. We accept DogeCoin, no verification document required, payment is automatically and instantly.

How are you so sure about that casino? it has no reviews at all in this forum, it is a little bit risky to try to join or click a link that cames from a newbie.

I dont know, but i searched it on the internet and there are no reviews at all, at least on facebook and twitter.

Maybe if you can explain it a little bit we can enter to your casino and start our journey in there.



Yes, we're more than 5 years in with Perfect Money and new to cryptocurrency but we will try our best. We already have official thread in bitcointalk forum here https://bitcointalk.org/index.php?topic=2607019.0 and hope that after few years later, we're not a newbie here.
streetlight
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January 08, 2018, 08:01:28 PM
 #380

Bitcoin transaction fees is starting to get more and more expensive for gamblers to deposit into their account on gambling sites, so I believe the market for altcoins will grow bigger in future on the gambling community, and we can surely expect to see more players wagering with altcoins.
In altcoins market we have a lot of choices and I hope more casinos will accept altcoins so it will give us a chance to gamble all the time.
Bitcoin is good but not this days due to the transaction fee and you cannot just bet small amount as the fee alone will already kill your bankroll, still majority are accepting only bitcoin but sooner they will realize that it will attract more customers when they start accepting altcoins.

I personally don't understand why all Bitcoin / cryptocurrency casinos don't accept the top 10 cryptos and just convert them into their own crypto and then you could exchange or use the equivalent value of the one you deposited (such as BTC, LTC, Monero, etc.) and cash out in one of those.

The days are over where BTC is the only player in the game. Now there are cryptos coming out left and right and nothing is going to stop that. BTC just needs to improve and hopefully soon because fees are through the roof (obviously).
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