Gambling with altcoins

[Vishnu.Reang]

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.

Once the Bitcoin transaction fee goes up, deposits in altcoin will become more and more attractive for the gamblers. But then, the gambling sites need to tweak their websites and create all the hot-wallets, which is going to take a lot of time and effort, on top of additional expenses. The casino has to decide whether this additional effort is worth it or not.

[MakeMoneyBtc]

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.

Once the Bitcoin transaction fee goes up, deposits in altcoin will become more and more attractive for the gamblers. But then, the gambling sites need to tweak their websites and create all the hot-wallets, which is going to take a lot of time and effort, on top of additional expenses. The casino has to decide whether this additional effort is worth it or not.

Casinos would do anything for the best of their clients and that includes spending their time and effort to work on accepting altcoin deposits. Bitcoin fees are a problem for both customers and casino owners and it's in advantage of both o them if a casino has altcoin deposit methods available because transactions can be processed much faster with a lower fee.

[hahay]

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.

Once the Bitcoin transaction fee goes up, deposits in altcoin will become more and more attractive for the gamblers. But then, the gambling sites need to tweak their websites and create all the hot-wallets, which is going to take a lot of time and effort, on top of additional expenses. The casino has to decide whether this additional effort is worth it or not.

Casinos would do anything for the best of their clients and that includes spending their time and effort to work on accepting altcoin deposits. Bitcoin fees are a problem for both customers and casino owners and it's in advantage of both o them if a casino has altcoin deposit methods available because transactions can be processed much faster with a lower fee.

Yes that's the reason for altcoins and gambling sites will certainly provide the best service so that customers have many alternatives to make deposits in many altcoins, bitcoin will indeed remain the main for developers but on the one hand there are gambling sites that only provide altcoins on their platform this of course they will glance at the transaction fees that make everyone have different choices.

[FlightyPouch]

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.

Once the Bitcoin transaction fee goes up, deposits in altcoin will become more and more attractive for the gamblers. But then, the gambling sites need to tweak their websites and create all the hot-wallets, which is going to take a lot of time and effort, on top of additional expenses. The casino has to decide whether this additional effort is worth it or not.

I don't think Bitcoin transactions will go up without the price of Bitcoin going up too. It is not that the transactions fees are the only one changing, if the fees changes, the price will too. The higher the price, the higher the fee so I don't think it will change for gamblers. Even with the current transaction fees, gamblers are still continuing to use it, so I don't think it will matter. Gamblers will use anything they want as long as they can gamble.

[smyslov]

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?

Based on the poll, people are still choosing Bitcoin for obvious reason, for liquidity and profit, they know that Bitcoin is the highest performing coin in the market, and they are gambling to win more Bitcoin to hodl it for a future bull run, it's like hitting two birds with one stone.