Gambling with altcoins

[steez33]

Earlier the gambling industry is fully occupied by bitcoin, further with the growth of ethereum it got its importance and more gambling websites started to accept it into gambling. Further more altcoins gained its importance into gambling. Even now majority of the users prefer bitcoin.

Exactly, not many online casinos are accepting other cryptocurrencies than bitcoin, i think because they don't trust altcoins as much. I still remember that couple years ago, finding such online casino was really dreadful, more of them were accepting fiat money. Right now the popularity of cryprocurrencies if growing and also platforms based on blockchain technology are setting their offer not only for bitcoin users, but also for altcoins fans.

For me it is really interesting. Recently I've found Futurobet where I can use some of my BTC also smaller ones crypto like FTO

And this is one of many examples, where even such small altcoin like FTO is accepted in an online casino. Just like in the case of Futurobet, i don't think that i've ever found an online casino that was operating with altcoins exclusively, without bitcoin

yeah same here. I really appreciate Futurobet because of accepting small coins, thanks to that this is the only option I can play at casino

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[michellee]

^ that was the advantage there when you are going to use Bitcoin in gambling, the price is expensive in Bitcoin and for sure it will be doubled your capital once you have won. Although Altcoins are good too I also prefer to use Bitcoin during in my gambling because doesn't need to trade other coins when I am going to convert fiat(dollars). Well, our choices will depend on us which we are comfortable to use in gambling even how much the fee if you are willing to gamble you can deposit even the fees are quite high.

It depends upon individual liking and disliking, if he is willing to play with btc even in the times of increased bitcoin prices. Although if the bitcoin price is increased, you will risk more money in gambling with same amount of btc which also mean that in case you win, you will be awarded more. 

Yes, I agree with you. That's why I don't like to use bitcoin for gambling because I think it will better to use bitcoin for trade or for withdrawing into fiat and for doing gamble, it is better-used altcoin to bets. We have many options of the altcoin in the gambling game, and we can choose the low price coin to bets, and we don't have to worry if somehow we are losing a big amount.

[Johnzky]

I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?

I still using bitcoin and lite coin until now(though I only gamble limited because of other things to face than to risk money lol)
But I have seen or read many players are playing in Dogecoin since it’s more cheaper and easy to accumulate.

You can invest any type of currency in gambling and the result will based on your investment if you are invested they good altcoin then then it will definitely returns to you with good profit that is the simple theory here available for you.

Only play with currency which is worthless or else you may play with best and end up in losing that in bets and thus you also miss that money making opportunity which will happen during bull run. So understand that accordingly one should play .

But how can we use worthless currency?or just like playing play money that has no value and no winnings also?

[maxell_etheridge]

Oftenly I use my old piles of altcoins for gambling, due to their value drop in recent months. Most of them were supposed to be successful projects, but majority of them turned out to be overhyped and right now their value is decreasing, so I don't regret using them for online gambling. Yas, sometimes its difficult to find a platform where you can use your altcoins, because majority of online casinos are favouring btc and most popular altcoins. The other difficulty is to find well secured platform, like for example. my favorite one right now is CryptoGamble, mostly because of their high-standard security.

[playboy654]

Oftenly I use my old piles of altcoins for gambling, due to their value drop in recent months. Most of them were supposed to be successful projects, but majority of them turned out to be overhyped and right now their value is decreasing, so I don't regret using them for online gambling.

Even if you are playing with altcoins which value keep decreasing it doesn't mean its worthless token or coin you may convert them into bitcoin or any other valuable coins in any exchanges.So if you are gambling with any coin then it has real value and if you loss it means its still the loss so only play with that coin if you can afford to lose.

[YIz]

I personally try to only use dogecoin for gambling as for me gambling is something I get enjoyment out of, not just to make huge profits, so using dodge coin just lets it last longer since the coin itself is worth so little. You also get the thrill of hitting insane multipliers without feeling bad if you dont hit it. and if you walk away with profit at the end of the day then hell yeah.

[boyptc]

I personally try to only use dogecoin for gambling as for me gambling is something I get enjoyment out of, not just to make huge profits, so using dodge coin just lets it last longer since the coin itself is worth so little. You also get the thrill of hitting insane multipliers without feeling bad if you dont hit it. and if you walk away with profit at the end of the day then hell yeah.

We have mutual feeling about it, I don't feel bad also when I don't hit those high multipliers whenever I gamble with doge and other altcoins.

There's something that I just can't feel with that because it seems to be okay to gamble with that and I thought I'm the only person that feels that.

[Vishnu.Reang]

The transaction fee has increased by anywhere from 10x to 15x during the last two weeks. So in case you are planning to make small bets, such as BTC0.005 or BTC0.010, then making the deposits using Bitcoin may prove a bit expensive. Transaction fee for BCH and gas prices for ETH have remained more or less stable at the same time.

[YIz]

I personally try to only use dogecoin for gambling as for me gambling is something I get enjoyment out of, not just to make huge profits, so using dodge coin just lets it last longer since the coin itself is worth so little. You also get the thrill of hitting insane multipliers without feeling bad if you dont hit it. and if you walk away with profit at the end of the day then hell yeah.

We have mutual feeling about it, I don't feel bad also when I don't hit those high multipliers whenever I gamble with doge and other altcoins.

There's something that I just can't feel with that because it seems to be okay to gamble with that and I thought I'm the only person that feels that.

Nah a lot of people have that mindset. don't get me wrong im sure we would all love to bet away ETH or BTC in the hopes of making a profit but not all of us can financially support that, so we use the lower Altcoins and just enjoy the experience of it. you also have the fact that a lot of coin casinos do giveaways in the chat every 10 mins or so so you can take part and sometimes make a pretty penny, win-win imo.

[Red_Evil]

I personally try to only use dogecoin for gambling as for me gambling is something I get enjoyment out of, not just to make huge profits, so using dodge coin just lets it last longer since the coin itself is worth so little. You also get the thrill of hitting insane multipliers without feeling bad if you dont hit it. and if you walk away with profit at the end of the day then hell yeah.

that's why dogecoin created for it lol . it remind me with one of my favourite gambling site. Directbet, that's my favourite gambling site. we can gamble with doge and other alt. but these site has been closed and until now i can't find other site like directbet

[YIz]

I personally try to only use dogecoin for gambling as for me gambling is something I get enjoyment out of, not just to make huge profits, so using dodge coin just lets it last longer since the coin itself is worth so little. You also get the thrill of hitting insane multipliers without feeling bad if you dont hit it. and if you walk away with profit at the end of the day then hell yeah.

that's why dogecoin created for it lol . it remind me with one of my favourite gambling site. Directbet, that's my favourite gambling site. we can gamble with doge and other alt. but these site has been closed and until now i can't find other site like directbet

I never really played or even knew about directbet but i could recommend a site called casino royale if you havent heard of it already, im not affiliated with it, i just genuinely think its a really good site, nice active chat with plenty of chat games and more than enough altcoins and a pretty generous faucet.

[jvdp]

I never tried with altcoins because I do not feel that is much convinient like bitcoin. May be we can consider etherem next to BTC for gambling or any purposes. Other tradable altcoins not worth to use in gambling sites.
But I have noticed some of the casino sites like stake and all having altcoins also to gamble at there.

[etherclassic]

I never tried with altcoins because I do not feel that is much convinient like bitcoin. May be we can consider etherem next to BTC for gambling or any purposes. Other tradable altcoins not worth to use in gambling sites.
But I have noticed some of the casino sites like stake and all having altcoins also to gamble at there.

Well i think you must try something new innovations in gambling games especially related with cryptocurrencies gambling games website because it is good information for all of community of cryptocurrencies, you can try decentralize application dapps on cryptocurrencies blockchain such as eosbet or 888tron and they are alternatives coins gambling games website.

[Remainder]

I never tried with altcoins because I do not feel that is much convinient like bitcoin.

Maybe you should try so you will compare gambling with bitcoin and altcoins.
When it comes to convenience, altcoins is better for me as the transaction fee is very cheap, but choose only those alts with liquidity.
It's easy to convert it into bitcoin if you really need to cash out and enjoy your winning, but that up to you, but I suggest you try and be amaze.

[coin-investor]

There are new coins coming up created for gambling alone like Eos, but the majority of the gambling sites still prefer to use Bitcoin and other top coins in the market, because of the liquidity factor, but I agree that gambling sites should offer more altcoins to use by their players according to  their preferences and conveniences.

[swogerino]

There are new coins coming up created for gambling alone like Eos, but the majority of the gambling sites still prefer to use Bitcoin and other top coins in the market, because of the liquidity factor, but I agree that gambling sites should offer more altcoins to use by their players according to  their preferences and conveniences.

Eos has not enough support and userbase behind it in order to become a major player in crypto gambling although it is created exactly to do that.The reason crypto casino stick with bitcoin is because it has the largest userbase and many new people are introduced to it daily.This will not change easily.

[futureofeth]

^ that was the advantage there when you are going to use Bitcoin in gambling, the price is expensive in Bitcoin and for sure it will be doubled your capital once you have won. Although Altcoins are good too I also prefer to use Bitcoin during in my gambling because doesn't need to trade other coins when I am going to convert fiat(dollars). Well, our choices will depend on us which we are comfortable to use in gambling even how much the fee if you are willing to gamble you can deposit even the fees are quite high.

It depends upon individual liking and disliking, if he is willing to play with btc even in the times of increased bitcoin prices. Although if the bitcoin price is increased, you will risk more money in gambling with same amount of btc which also mean that in case you win, you will be awarded more. 

Yes, you are right completely depending upon the altcoin we choose because most of the people will choose to gamble with BTC only because they might make a higher amount if the won the gambling, but with the recent increase price of the Bitcoin makes many people to start gambling with other altcoins where the transaction fee of those coins will be low.

[klaaas]

^ that was the advantage there when you are going to use Bitcoin in gambling

Where you can bet 1 sat it makes not a real difference with a altcoin when the minimal bet with a alt is pegged to btc or set at a higher minimal then 1sat.

[skivrmt]

There are new coins coming up created for gambling alone like Eos, but the majority of the gambling sites still prefer to use Bitcoin and other top coins in the market, because of the liquidity factor, but I agree that gambling sites should offer more altcoins to use by their players according to  their preferences and conveniences.

Eos has not enough support and userbase behind it in order to become a major player in crypto gambling although it is created exactly to do that.The reason crypto casino stick with bitcoin is because it has the largest userbase and many new people are introduced to it daily.This will not change easily.

Offering more altcoins will for sure enlarge userbase of crypto casino. I agree that bitcoin still dominates in crypto gambling but situation may change in the nearest future.

[Kasabus]

There are new coins coming up created for gambling alone like Eos, but the majority of the gambling sites still prefer to use Bitcoin and other top coins in the market, because of the liquidity factor, but I agree that gambling sites should offer more altcoins to use by their players according to  their preferences and conveniences.

Eos has not enough support and userbase behind it in order to become a major player in crypto gambling although it is created exactly to do that.The reason crypto casino stick with bitcoin is because it has the largest userbase and many new people are introduced to it daily.This will not change easily.

Offering more altcoins will for sure enlarge userbase of crypto casino. I agree that bitcoin still dominates in crypto gambling but situation may change in the nearest future.

That's correct as no gambler would allow themselves to pay a high transaction fee every time they send bitcoin to a certain gambling sites.
If there is an option where they can trade their altcoins to bitcoin, they would surely take advantage on it.
Maybe they just need to be aware that things like this is possible, and it's very helpful to gamblers like us.