Gambling with altcoins

[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.

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.

Those rains yeah, and if that altcoin came from that we are okay to gamble with it until it dries  out.

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.

Are those EOS based casino's are also accepting bitcoin? or they are solely created just to accept EOS?

[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.