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Poll
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 4806 times)
akar87
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August 06, 2017, 03:56:18 PM
 #81

I gamble dice, and prefer to use altcoin like clam or ltc. I use altcoin because they are faster confirmed on transaction as well fees charged are very low. So, i can have balance in better amount.


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just_Alice
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August 06, 2017, 04:05:09 PM
 #82

I don't gamble much so my vote went for that. But I do gamble and I enjoy doing it with bitcoin. The only reason I see why to gamble with altcoins is when they give you them for free.
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August 06, 2017, 05:29:12 PM
 #83

Now we have a lot of choice to play with altcoins which we want to use.
But i start online gambling because i like bitcoin and in that time, i really didn't have any coins except bitcoin and also now i still like bitcoin and i am still play online gambling.
The reason is bitcoin is best for online gambling.
Actually, i have no enough knowledge about other altcoins.

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bitbob82
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August 06, 2017, 10:13:40 PM
 #84

I gamble dice, and prefer to use altcoin like clam or ltc. I use altcoin because they are faster confirmed on transaction as well fees charged are very low. So, i can have balance in better amount.
to me i like sports gambling and i have a very good experience in sports games. although i also visit casino but from there i really do not feel myself  more confident, i have in fact to much experience in sports gambling and really too much confident while playing gambling. in fact in sports gambling i can use my experience and analysis.
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August 06, 2017, 11:19:14 PM
 #85

I gamble dice, and prefer to use altcoin like clam or ltc. I use altcoin because they are faster confirmed on transaction as well fees charged are very low. So, i can have balance in better amount.
to me i also play different games and for most of the time when i play gambling online i play with bitcoin and i do not think that i will continue gambling for ever. because gambling is not consider as legal and good habit in my area and they do not consider the people as good whop play gambling, therefore i have to change my gambling habits.
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August 07, 2017, 03:27:56 AM
 #86

I gamble dice, and prefer to use altcoin like clam or ltc. I use altcoin because they are faster confirmed on transaction as well fees charged are very low. So, i can have balance in better amount.
to me i also play different games and for most of the time when i play gambling online i play with bitcoin and i do not think that i will gambling for ever.
i don't get any point why did you quote that post mate as he is trying to give his opinion about using alts and the benefits and convenience while your opinion is not related in anyhow, alts give us fast transaction and lesser fee the only problem is we needed to send it back to exchange in order to convert
it back to fiat.

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August 07, 2017, 08:37:31 AM
 #87

I gamble dice, and prefer to use altcoin like clam or ltc. I use altcoin because they are faster confirmed on transaction as well fees charged are very low. So, i can have balance in better amount.
to me i also play different games and for most of the time when i play gambling online i play with bitcoin and i do not think that i will gambling for ever.
i don't get any point why did you quote that post mate as he is trying to give his opinion about using alts and the benefits and convenience while your opinion is not related in anyhow, alts give us fast transaction and lesser fee the only problem is we needed to send it back to exchange in order to convert
it back to fiat.
Now you no need to send your altcoins to exchange site to convert bitcoins. The gambling sites are only giving you the option to convert your altcoins to bitcoins and bitcoins to altcoins. Which coin you are comfortable you can convert it and play. Whenever you want to withdraw your coins that time you can convert it into bitcoins and withdraw. Check my signature Bitsler they allowed you to play a couple of altcoins and provided exchange facility on their site.
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August 07, 2017, 08:59:20 AM
 #88

Its been all the old and already existing Bitcoin gambling sites which have started accepting altcoin gambling just because of user demand. There were numerous gambling sites operating from many years and because of the rise of altcoins and their high market caps, non-volatile coins are being accepted as a gambling token on these sites.


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August 07, 2017, 09:36:30 AM
 #89

I gamble dice, and prefer to use altcoin like clam or ltc. I use altcoin because they are faster confirmed on transaction as well fees charged are very low. So, i can have balance in better amount.
to me i also play different games and for most of the time when i play gambling online i play with bitcoin and i do not think that i will gambling for ever.
i don't get any point why did you quote that post mate as he is trying to give his opinion about using alts and the benefits and convenience while your opinion is not related in anyhow, alts give us fast transaction and lesser fee the only problem is we needed to send it back to exchange in order to convert
it back to fiat.
Now you no need to send your altcoins to exchange site to convert bitcoins. The gambling sites are only giving you the option to convert your altcoins to bitcoins and bitcoins to altcoins. Which coin you are comfortable you can convert it and play. Whenever you want to withdraw your coins that time you can convert it into bitcoins and withdraw. Check my signature Bitsler they allowed you to play a couple of altcoins and provided exchange facility on their site.
That's great one can exchange coins on the gambling site. However, I believe this will still reduce the amount of money, for something inevitably gets lost in exchange processes due to fees and different prices. That's why for altcoin gambling to be profitable one has to use good and quite stable coins plus more sites where one could exchange alts for fiat with reasonable tax rate are needed.

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August 07, 2017, 09:51:50 AM
 #90

I gamble a lot using Alt coins now a days like doge or litecoin, my reason is because they are cheap and with a few amount of Bitcoin to exchange for this alt coin i can gamble safe and i can also try different strategies without losing a lot of money.

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August 07, 2017, 10:17:16 AM
 #91

I don't gamble much so my vote went for that. But I do gamble and I enjoy doing it with bitcoin. The only reason I see why to gamble with altcoins is when they give you them for free.
gambling with altcoin is i think not so, different than that of bitcoin. both are digital currency and works same but it really depends upon the will of the user or interest of the user that in which he is interested in. i think altcoin in gambling will also become interesting if they pay good price money and it also depends upon worth of them.
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August 07, 2017, 10:27:09 AM
 #92

Gambling with altcoin is more riskier than bitcoin since altcoin is more difficult to predict , most of altcoin usually
But my friend experience more profit when he gambled with altcoin , ETH and he won almost 1 btc which interet me to gamble with altcoin as well
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August 07, 2017, 11:04:17 AM
 #93

Gambling with altcoin is more riskier than bitcoin since altcoin is more difficult to predict , most of altcoin usually
But my friend experience more profit when he gambled with altcoin , ETH and he won almost 1 btc which interet me to gamble with altcoin as well
What do you mean about hard to predict? I guess theres no difference at all when it comes to gameplay because no matter which coin would you lose if you are lucky you would definitely win and if not then you would lose. I do really like to use bitcoins because i do like to recieve bitcoin directly without the need on converting but this thing would really depend on a certain person if he likes to play on alts or not.


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August 07, 2017, 11:13:56 AM
 #94

Gambling with altcoin is more riskier than bitcoin since altcoin is more difficult to predict , most of altcoin usually
But my friend experience more profit when he gambled with altcoin , ETH and he won almost 1 btc which interet me to gamble with altcoin as well
What do you mean about hard to predict? I guess theres no difference at all when it comes to gameplay because no matter which coin would you lose if you are lucky you would definitely win and if not then you would lose. I do really like to use bitcoins because i do like to recieve bitcoin directly without the need on converting but this thing would really depend on a certain person if he likes to play on alts or not.

Lol. First dude probably was talking about trades. Yeah theres no difference with alts and btc its just that you can't really gamble with a lot of them. Only major alts are commonly accepted in gambling sites aside from btc. Etherium, litecoin and doge are few but you're not going to buy those alts before you gamble right? That's why btc is the most common crypto used for gambling

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OddEvenBets.com
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August 07, 2017, 11:24:14 AM
 #95

Peoples use bitcoin for gambling.

My site accepted litecoin before, but was few players only.

Yesterday we added bitcoin only and disabled litecoin.

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daringdiscovered
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August 07, 2017, 11:42:16 AM
 #96

Gambling with altcoin is more riskier than bitcoin since altcoin is more difficult to predict , most of altcoin usually
But my friend experience more profit when he gambled with altcoin , ETH and he won almost 1 btc which interet me to gamble with altcoin as well

I don't think so, because gambling with bitcoin is more profitable when you are winning since the price of bitcoin is more bigger than the prices of this Altcoins. But, playing with altcoins, is a lot more safer than using bitcoin in gambling, because betting Altcoins is not that big compare to the minimum amount of bets that you should bet when you are using bitcoin.
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August 07, 2017, 11:59:57 AM
 #97

I don't gamble much so my vote went for that. But I do gamble and I enjoy doing it with bitcoin. The only reason I see why to gamble with altcoins is when they give you them for free.
gambling with altcoin is i think not so, different than that of bitcoin. both are digital currency and works same but it really depends upon the will of the user or interest of the user that in which he is interested in. i think altcoin in gambling will also become interesting if they pay good price money and it also depends upon worth of them.

Altcoins may be attractive to gamble with because of the faster transactions/lower transaction fees. But imo it is still gambling and it doesn't matter what is the price of an alt you are gambling with. What matters is whether you win or lose, and that depends on your luck at any given moment of time.
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August 07, 2017, 01:19:16 PM
 #98

I don't gamble much so my vote went for that. But I do gamble and I enjoy doing it with bitcoin. The only reason I see why to gamble with altcoins is when they give you them for free.
gambling with altcoin is i think not so, different than that of bitcoin. both are digital currency and works same but it really depends upon the will of the user or interest of the user that in which he is interested in. i think altcoin in gambling will also become interesting if they pay good price money and it also depends upon worth of them.

Altcoins may be attractive to gamble with because of the faster transactions/lower transaction fees. But imo it is still gambling and it doesn't matter what is the price of an alt you are gambling with. What matters is whether you win or lose, and that depends on your luck at any given moment of time.
Fees also shouldn't bother anyone who is going to gamble. If you are not lucky that money is already lost so 1$ up or down won't make any difference. And bitcoin transactions are very fast lately with very low fees, unless bitcoin price jumps over $50K in that case gambling will become "entertainment for the rich". But that is far future.

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August 07, 2017, 01:20:47 PM
 #99

I don't gamble much so my vote went for that. But I do gamble and I enjoy doing it with bitcoin. The only reason I see why to gamble with altcoins is when they give you them for free.
gambling with altcoin is i think not so, different than that of bitcoin. both are digital currency and works same but it really depends upon the will of the user or interest of the user that in which he is interested in. i think altcoin in gambling will also become interesting if they pay good price money and it also depends upon worth of them.

Altcoins may be attractive to gamble with because of the faster transactions/lower transaction fees. But imo it is still gambling and it doesn't matter what is the price of an alt you are gambling with. What matters is whether you win or lose, and that depends on your luck at any given moment of time.
Fees also shouldn't bother anyone who is going to gamble. If you are not lucky that money is already lost so 1$ up or down won't make any difference. And bitcoin transactions are very fast lately with very low fees, unless bitcoin price jumps over $50K in that case gambling will become "entertainment for the rich". But that is far future.
If Bitcoin prices jump over $50k fees will have to adapt as well. If not, people will just gamble with altcoins instead. And there's always the option of just gambling with fiat.

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August 07, 2017, 04:40:10 PM
 #100

I often gambling using ETH, because I can hold at the same time hoping to gain profit from gambling. Transaction fee in withdrawal is lighter than gambling using btc.


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