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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 16602 times)
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January 15, 2018, 08:26:45 PM
 #401

There you see dogecoin is the second favourite people prefer in gambling after bitcoin. Dogecoin provides great solution to the high transaction fees of bitcoin and is easy to transfer here and their. Moreover its low price also gives a great feel of gambling in thousands of dogecoins unlike btc where you gamble in large decimals.

Many people using bitcoin to gamble till some people are only using other altcoins to gamble because bitcoin is most using crypto currencies today and they gamble to fulfill their big dreams that's why people invest more money in gambling .

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LastJedi
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January 15, 2018, 10:33:14 PM
 #402

Since we are on the subject.
I will ask this.

What site is the largest to use litecoin for gambling with?
You mean on which site LTC is gambled the most? Dicesites(only has a list of few sites) has datas like wagering, bets etc.. according to that bitdice is where the most LTC is (total)wagered. check this out(https://dicesites.com/graphs/ltc) to see like daily wagered,bets etc..

No not just dice sites.
I meant overall for all crypto alt coin casino sites.

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January 15, 2018, 10:57:39 PM
 #403

Dogecoin is the best altcoin for playing dices and any other casino games.

Just paying $0,01 for transaction fees is nothing compared to what you need to pay if you pay with bitcoin or ethereum, or any other cryptocurrency.

For me, those who accepts Dogecoin, are the best casinos so far, and i am in love with most of them because of that.
megynacuna
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January 15, 2018, 11:06:42 PM
 #404

Now, i am predominantly using bitcoin and litecoin only for most of my games, ethereum is rising well these day also and i will try to go back there too maybe before the end of the football season .
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January 16, 2018, 07:28:49 PM
 #405

Since we are on the subject.
I will ask this.

What site is the largest to use litecoin for gambling with?
You mean on which site LTC is gambled the most? Dicesites(only has a list of few sites) has datas like wagering, bets etc.. according to that bitdice is where the most LTC is (total)wagered. check this out(https://dicesites.com/graphs/ltc) to see like daily wagered,bets etc..

No not just dice sites.
I meant overall for all crypto alt coin casino sites.
Well, i don't know if anyone has each and every casino's wagering/bets data, it's difficult to collect such data if it's not public. if you'd like you can ask every casino to provide you with the data/stats, they may or may not provide the stats/data. good luck.

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January 16, 2018, 07:48:38 PM
 #406

Yeah i prefer to use those casinos who are accepting altcoins at the moment, it is much more easier to use them since you do no need to deposit huge amounts of money with bitcoin and having them reduced because of the fees.

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January 16, 2018, 10:58:34 PM
 #407

Yeah i prefer to use those casinos who are accepting altcoins at the moment, it is much more easier to use them since you do no need to deposit huge amounts of money with bitcoin and having them reduced because of the fees.


Yup and there's nothing Bitcoin does that altcoins can't either. The only thing is it's easier to sell Bitcoin, but altcoins are easy enough to sell to and much faster to send and receive.

Hope we get some improvements with Bitcoin soon because it's slowly dying as more and more coins take from it's market share by the day.

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January 17, 2018, 04:29:45 AM
 #408

There you see dogecoin is the second favourite people prefer in gambling after bitcoin. Dogecoin provides great solution to the high transaction fees of bitcoin and is easy to transfer here and their. Moreover its low price also gives a great feel of gambling in thousands of dogecoins unlike btc where you gamble in large decimals.
Indeed the fees are so low but i cannot see if there is a lot of casino adopt dogecoin already.
You might can use it in several casinos such as fortunejack , but for sure there's no much option available.
Where with bitcoin you can use it in almost every single casino include several fiat casino who accept bitcoin.
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January 17, 2018, 05:09:42 AM
 #409

I think there is no currency can replace Bitcoin with me because it's the most popular currency so i think most of gambling website will accept it .
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January 17, 2018, 05:19:25 AM
 #410

I think there is no currency can replace Bitcoin with me because it's the most popular currency so i think most of gambling website will accept it .
Yeah i agree with you mate even me i must prefer in bitcoin when i played gambling because that only coin that i have. There are too many casino's who accepting altcoins in gambling just like ethereum, litecoin and dogecoin it is most popular altcoin basically used in gambling.
But bitcoin is the most popular among of all altcoins use in gambling site or in casino, there are some other people also used their local fiat to gambled.
Disadvantage of using bitcoin in gambling site is having high fees compared to altcoin.
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January 17, 2018, 03:14:42 PM
 #411

Yeah i prefer to use those casinos who are accepting altcoins at the moment, it is much more easier to use them since you do no need to deposit huge amounts of money with bitcoin and having them reduced because of the fees.


Yup and there's nothing Bitcoin does that altcoins can't either. The only thing is it's easier to sell Bitcoin, but altcoins are easy enough to sell to and much faster to send and receive.

Hope we get some improvements with Bitcoin soon because it's slowly dying as more and more coins take from it's market share by the day.

Even if it's easier to sell Bitcoin than it is to sell altcoins, that usually doesn't matter if you're using an exchange that also offers altcoin trading.
You're not going to lose much on fees if you can just sell your altcoins for Bitcoins on one exchange that also does fiat withdraws.

I wouldn't go as far to say that Bitcoin is dying, it's still by far the most popular coin. Altcoins might have the same problems with scalability, but they just don't have the amount of transactions as the Bitcoin network has.

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January 17, 2018, 07:35:34 PM
 #412

Yeah i prefer to use those casinos who are accepting altcoins at the moment, it is much more easier to use them since you do no need to deposit huge amounts of money with bitcoin and having them reduced because of the fees.


Yup and there's nothing Bitcoin does that altcoins can't either. The only thing is it's easier to sell Bitcoin, but altcoins are easy enough to sell to and much faster to send and receive.

Hope we get some improvements with Bitcoin soon because it's slowly dying as more and more coins take from it's market share by the day.

Even if it's easier to sell Bitcoin than it is to sell altcoins, that usually doesn't matter if you're using an exchange that also offers altcoin trading.
You're not going to lose much on fees if you can just sell your altcoins for Bitcoins on one exchange that also does fiat withdraws.

I wouldn't go as far to say that Bitcoin is dying, it's still by far the most popular coin. Altcoins might have the same problems with scalability, but they just don't have the amount of transactions as the Bitcoin network has.
Bitcoin is really far from dying even though it do experience some issues as of now regarding fees and confirmation times but same as eternalgloom said its still far away to compared on those altcoins in the market.Community support is still big which we can really see that theres still interest on it no matter what.People might going for other options on using altcoins but in the end of the day they would still comeback for their alts to be converted on btc.

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January 17, 2018, 07:44:13 PM
 #413

What I have observed is gambling with altcoins are due to the bitcoin transaction fees only. Even the altcoins at one stage would like to convert it very aggressively to bitcoin only. So Altcoins are still long run to go compare with bitcoin so better to play with bitcoin in gambling will be safer for anyone where you can save time it.

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January 18, 2018, 04:33:07 AM
 #414

There you see dogecoin is the second favourite people prefer in gambling after bitcoin. Dogecoin provides great solution to the high transaction fees of bitcoin and is easy to transfer here and their. Moreover its low price also gives a great feel of gambling in thousands of dogecoins unlike btc where you gamble in large decimals.

Exactly, dogecoin has a second favorite number in altcoins gambling. But instead of it people like to play gambling with bitcoin, the reason bitcoin is still popular and have more attraction that's why people like to play with it. I always prefer bitcoin than other altcoins becasue i like bitcoin and i like to win in bitcoin.   

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January 18, 2018, 06:21:14 AM
Last edit: January 18, 2018, 06:49:12 AM by BlockEye
 #415

There you see dogecoin is the second favourite people prefer in gambling after bitcoin. Dogecoin provides great solution to the high transaction fees of bitcoin and is easy to transfer here and their. Moreover its low price also gives a great feel of gambling in thousands of dogecoins unlike btc where you gamble in large decimals.

Exactly, dogecoin has a second favorite number in altcoins gambling. But instead of it people like to play gambling with bitcoin, the reason bitcoin is still popular and have more attraction that's why people like to play with it. I always prefer bitcoin than other altcoins becasue i like bitcoin and i like to win in bitcoin.    
That's the key, its just because we want to win bitcoin, we'd been use on playing with bitcoin that sometimes it just hard to play with alts especially in calculating on our mind the amounts that we won or lose while playing, I'd try to play with alts sometimes, but still the enjoyment felt when playing in bitcoin were still different.
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January 18, 2018, 08:37:34 PM
 #416

Right now gambling with altcoins is going to become more and more common bitcoin fees do not allow you to gamble as much since most of the money goes to the miners so we need to use other coins, I think casinos will have to adapt as well to this since less and less people can afford to gamble with bitcoins
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January 18, 2018, 09:08:43 PM
 #417

Right now gambling with altcoins is going to become more and more common bitcoin fees do not allow you to gamble as much since most of the money goes to the miners so we need to use other coins, I think casinos will have to adapt as well to this since less and less people can afford to gamble with bitcoins

With today's bitcoin network and transaction fee problem, this is a sure thing. Altcoin gambling will likely be mainstream and we can already see it now as a lot of bitcoin only casinos have been adopting altcoins like LTC, XMR, and even DOGE. This is kinda revolutionizing gambling again. However, I still believe that unless there is a direct way of purchasing alts (not buy btc then exchange them to alts), I don't think this will flourish that much as it is just an extra step in crypto.
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January 18, 2018, 11:06:55 PM
 #418

There you see dogecoin is the second favourite people prefer in gambling after bitcoin. Dogecoin provides great solution to the high transaction fees of bitcoin and is easy to transfer here and their. Moreover its low price also gives a great feel of gambling in thousands of dogecoins unlike btc where you gamble in large decimals.

I agree but the current increase of Dogecoin makes me stay away from them for a time being.  So  I am sticking to Litecoin for now if ever I got my budget.  I will convert it to LTC and play ( to save thousands of satoshi from transaction).  Anyway it is always great to have Casino sited supporting some altcoins since it gives variation to the game plus the volatility profit that it will give.
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January 18, 2018, 11:48:19 PM
 #419

Gambling with altcoins (DOGE and LTC) has been my alternative whenever I see a drop of price of altcoin. So instead of selling them at loss, I just transfer them to my account is Bitsler and play with them for a chance to double or multiply the amount of altcoins that I hold.
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January 18, 2018, 11:54:14 PM
 #420

Gambling with altcoins (DOGE and LTC) has been my alternative whenever I see a drop of price of altcoin. So instead of selling them at loss, I just transfer them to my account is Bitsler and play with them for a chance to double or multiply the amount of altcoins that I hold.

What's the difference? You are still gambling, it's like when you lose on trading you immediately go to a gambling site to "try" and get back your money. Which is supposed to be a sin to any trader. This is the primary reason why yobit incorporated a dice game on their trading site. For people like you that tend to gamble after they lose on trading. You should really reconsider your options when you do this. If you want to just gamble, leave trading out of it. Buy alts and gamble, don't trade and gamble your position.
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