Gambling with altcoins

[Lionidas]

It is all about variety and not really about which one who likes what.
Some sites are charging $20 just to withdraw using bitcoin.
Now that is just ridiculous because most winnings don't even cover this amount.
This is what anyone who is betting on these sites care about when it comes down to it.
It is all about how much they are paying in fees.
And as it stands, bitcoin is the most expensive to transfer to and transfer out of these online casino wallets.
And all the others are the cheapest. Such as Xrp and Ltc.

[1714798704]

1714798704

[1714798704]

1714798704

[shintosai]

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).

One of the reason houses avoid allowing deposits in alts and let you cash out in some other crypto is because it often overhadows the purpose of the house, users would often use it as just another quick exchange for their cryptos.
I have a fair idea why house would try to avoid this but not much insights on this, I just read this on this very forums quite a while ago.

which is possible also to do some mixing stuff, house wont allow this and let people take advantage since crypto have fluctuations and house will
lose if players will keep exchanging crypto's over another cryptos. but in terms of allowing alts inside, I guess most casino's will allow those top
alts so players have good options.

[Pettuh4]

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).

Basing on the current situation of bitcoin when it comes to fees and confirmation times then i would say altcoin is much more better when it comes to these things nowadays.Luckily most gambling sites are giving these options not for the sake of players but also for them because fees will surely hurt em up if players decide to withdraw specially when theres lots of players on the sites.I havent seen as of now a gambling site has its own token which can be converted to other coins.

That is the reason why i use altcoins for gambling these days because it is able to confirm faster and comes with very low transaction fees. Bitcoin is slow and on the high side these days and so it makes every sense to use the alts. I also think it will be great to have gambling houses with their own tokens where we can even mine them to gamble on the site.

[gameofthronne]

I think it's time for some casinos and sportsbook to accept altcoins like ethereum, bitcoin cash and many else, because the fees on bitcoin is really big right now, people who want to gambling need to sent the fee around $20 or even more which is really big.

[crwth]

I think it's time for some casinos and sportsbook to accept altcoins like ethereum, bitcoin cash and many else, because the fees on bitcoin is really big right now, people who want to gambling need to sent the fee around $20 or even more which is really big.

There are a lot of casinos that are accepting alternative cryptocurrency, and it would be different because you would have a lot more coin to gamble with instead of bitcoin itself. Don't you think so?  Bitvest is also accepting alt coins and you could gamble there.

[CyberR.]

I think it's time for some casinos and sportsbook to accept altcoins like ethereum, bitcoin cash and many else, because the fees on bitcoin is really big right now, people who want to gambling need to sent the fee around $20 or even more which is really big.

Exactly, Last night I was planning to gamble my XRPs to cover my loses (after dip in price  ) and I could barely find a good Gambling site which accepts XRPs.
Ripple has fast transactions, Fastest for me being 5 seconds (yes, that's true) and Transaction fees are negligible.

Gambling with Bitcoins now is pointless, why would someone waste $30ish as transaction fees for Gambling which is meant for making money h@h@

[Sylar2016]

I don't like very much to gambe with coins but if i have to do I choose altcoin or shitcoin with low value in order to take advantage from pump and dump.

[wbet7.com]

Bet with Bitcoin is very expensive now. Most people are using Ethereum, Ether Classic (ETC), DogeCoin, Dash, Bitcoin Cash (BCH), Litecoin on our service (WBet7.com)

[OddEvenBets.com]

I see that 57.4% prefer Bitcoin

[Ziskinberg]

I see that 57.4% prefer Bitcoin

That is because bitcoin is still very popular, however if the it will continue to have a lot of unconfirmed transactions
and high fees then I think people will find other alternative that will help them same for the expenses in transaction and that altcoins will help.

[LastJedi]

I see that 57.4% prefer Bitcoin

That is because bitcoin is still very popular, however if the it will continue to have a lot of unconfirmed transactions
and high fees then I think people will find other alternative that will help them same for the expenses in transaction and that altcoins will help.

I would also think those individuals that voted for bitcoin on the poll were before bitcoin was worth as much as it is now and when fees were below 0.0005btc to have a send successfully confirm in less than a day.

Those days are now long gone.

[sirminesalot]

Gambling with altcoin I think is suitable when we use btc we will take delivery and withdrawal when it is finished and after gambling. this fee is also quite a lot. can be up to 10-20 $ once we gamble

[Arkham Knight]

I did gamble a long time ago with altcoins that are useless and will always be cheap like Dogecoin. I think Dogecoin is really just for entertainment and suited for gambling.

[MinerHQ]

Gambling with altcoin I think is suitable when we use btc we will take delivery and withdrawal when it is finished and after gambling. this fee is also quite a lot. can be up to 10-20 $ once we gamble

A few weeks back some of the exchanges like XAPO was charging even more than $100 for each transaction that's why now slowly all gamblers are moving to altcoin. This is the best chance for altcoin which has got less transaction fee and faster confirmation like LTC will get chance to shine. To play dice game I too use altcoins these days instead of Bitcoin.

[imstillthebest]

Gambling with altcoin I think is suitable when we use btc we will take delivery and withdrawal when it is finished and after gambling. this fee is also quite a lot. can be up to 10-20 $ once we gamble

A few weeks back some of the exchanges like XAPO was charging even more than $100 for each transaction that's why now slowly all gamblers are moving to altcoin. This is the best chance for altcoin which has got less transaction fee and faster confirmation like LTC will get chance to shine. To play dice game I too use altcoins these days instead of Bitcoin.

xapo is indeed an expensive bitcoin wallet because their fees lately are going in to the roof when compared to other bitcoin wallets like coinbase. gambling with altcoins is also a nice idea and a good alternative next to bitcoins because they seems fast and cost less in terms of transaction fees and other processing fees, ive also seen some gambling sites online that are now accepting altcoins and other types of crypto coins aside form the usuall bitcoin.

[LastJedi]

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

What site is the largest to use litecoin for gambling with?

[Manchumichael]

Gambling with altcoin I think is suitable when we use btc we will take delivery and withdrawal when it is finished and after gambling. this fee is also quite a lot. can be up to 10-20 $ once we gamble

gambling with altcoins is also a nice idea and a good alternative next to bitcoins because they seems fast and cost less in terms of transaction fees and other processing fees, ive also seen some gambling sites online that are now accepting altcoins and other types of crypto coins aside form the usuall bitcoin.

Gambling with altcoins is the best method to compare gambling with BTC. Now all gambling sites are charging a high fee to withdraw our bitcoins. But if you use altcoins the fee is less and fast confirmation. And it is easy to play with altcoins almost all gambling sites are accepting at least 3 or 4 altcoins. so playing gambling with altcoins is a good idea.

[chefbauer]

It is a very nice thing for me, in fact, i enjoy having to gamble with some Dogecoins or just with some Reddcoins, it is plenty of those casinos at the moment, but this is just good because you do not need to pay $20 for bitcoin fees, lmao.

[Virtual miner]

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.

[lite]

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..