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yohan09
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December 29, 2017, 11:05:43 AM |
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All i can say, if you want to go to casino to gamble, Why don't you convert your bitcoin to fiat currency, Then surely you can use now your money for gambling.  |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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skillink
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December 29, 2017, 05:25:34 PM |
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It may happen, but not all casinos will accept it because the price is fluctuating. I have never found a casino that received Bitcoin, do not know in another country.
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hastag_80
Member
 Offline
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
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December 29, 2017, 10:48:37 PM |
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I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
I thinks ,some other countries used bitcoins as a payments in casino,or using this as an exchange in chips for gambling and one examples of this is las vegas nevada,some of other prominent person in the world of business must go there and they want some fun or entertainment to thereself ,so they must gambling and sometime's if they did not use fiat for chips paying instead they used for swiping the digital coins. |
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@Mhaiang
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Activity: 294
Merit: 10
W12 – Blockchain protocol
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December 29, 2017, 11:42:49 PM |
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As I heard from my friends that bitcoin was already used in the casino as a payments for the chips for gambling. I don't know yet if the casino really accept bitcoin.
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jayhawk1
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December 30, 2017, 06:45:19 AM |
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There are projects lately involving bitcoins with casinos like the providence, i don't know how it will work but i think you can use it as a mode of payment to the casino or you can exchange the bitcoins into their created altcoin.
It's popular that bitcoin is associated with an online casino and this is the main business for some casino's. They are making a lot of money on it and it's the easiest way to gamble today because there are too many people who are hoping to gamble anonymously and thanks to bitcoin we can do it by gambling with bitcoins and other alt coins as well. This is why gambling industry is really becoming big specially on using up bitcoin because of its anonymity which most gamblers would really always prefer to be anonymous which they cant able to do in traditional fiat system gambling this is why bitcoin gambling is really booming up because of this and casino owners would really prefer to adopt this thing because they do saw the big market and possible profits for them since gamblers would really always prefer to use up on this. Of course bitcoin is usable in gambling and in casinos as well because casino is the place for gambling and when bitcoin is used in gambling then why not in casinos. If they have the facility to accept bitcoin then there is no problem that one can use his bitcoin wallet in casinos. I think it is better for all the gamblers because they will be mentally relaxed and there will no fear of looting. |
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Bitinity
Legendary
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Activity: 3066
Merit: 1312
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December 30, 2017, 07:54:58 AM |
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Possibility is always there, it depends on the casinos. If they want to adopt bitcoin as one of the payment system then we will see a real casino accepting bitcoin. No matter how they implement it as long as we can pay with bitcoin then here we go. Maybe the casinos will create new chips with mbtc or bits so we will play just like in online bitcoin gambling sites or maybe they will still use old chips with $ denomination so the use of bitcoin is to buy the chips only.
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Tambu
Jr. Member
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Activity: 224
Merit: 3
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December 30, 2017, 08:17:00 AM |
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I think there no restriction to that.
If the casino accepting bitcoin then it can be use in gambling.
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neonshium
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January 02, 2018, 10:46:27 AM |
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I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
THEY WILL, some of them are accepting bitcoin already! 1, Online casino, LIVE or AUTOMATED are now accepting bitcoin as a money to bet on their site. 2, In this a casino can accept bitcoin like a credit card did and exchange into chips to play and bet on the game. 3, Casino are gambling place, the owner loves to gamble in anyways, having bitcoin in the casino and get it as a payment for the chip they can use bitcoin another source of income, like this. Ex. 1BTC = 1000US worth of chips while at the end of the day 1050 CHIPS = 1 bitcoin. that's cool for the business right? and the up of market value in the community is a good deal for the casino too. If the casino management starts accepting bitcoin then they will arrange everything for it. Like if they use like credit cards or something else but one thing is clear that all the gamblers would have bitcoin wallet and will know about bitcoin value. Otherwise they will not be able to use gamble in bitcoins. For casinos it is also not easy to accept bitcoin because the price is not stable and they may lose their money because of the decreasing price. |
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PizzaBTC
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January 03, 2018, 09:16:44 AM |
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Are people already using bitcoins in casinos? Don't you guys consider online gambling sites casinos as well? Well, a lot of online gambling sites call themselves as "casinos" so I am not sure what the question is anymore. The answer is quite clear, which is yes. Online casinos accept bitcoins. The better question probably is whether conventional casinos will ever accept bitcoins, which probably could happen.
Could you name some? Some of those really big gambling networks I can think of are Pokerstars, 888poker etc. but they don't seem to be much Bitcoin friendly. In fact, they called Bitcoin a "massive fraud" several times. Sure it will be used in casino because casino is the place where people get-together for gambling and when bitcoin is usable in gambling then it will also be usable in casino. I think that it is ways for gamblers to use bitcoin rather than cash. There will be no fear of looting and snatching and not losing in the way. You will transfer bitcoin from your wallet to the winner and he will do the same if you win. |
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developer101dev
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January 03, 2018, 10:34:14 AM |
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I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
There are casino's that are allowing bitcoins to be used to play their games, Casino and online gambling are just the same but the probability of losing online is very high so i prefer to play on the actual place because the chance of winning is higher. |
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jostorres
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January 03, 2018, 01:30:05 PM |
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Bitcoin is already accepted in many online casinos and it shouldn't be hard for physical casinos to start accepting it. They could use bitpay or other services to automatically convert them to fiat if they are not bitcoin supporters.
Yeah why not. If bitcoin can be used in different big markets then why not in casinos. Bitcoin can usable in online gambling because you can do anything with bitcoin as you can do with your regular paper or fiat currency. And when it is usable in gambling then no doubt it will be used in casinos because casinos are made for gambling and bitcoin is money. I think there should be no problem in using bitcoin as your bit in casinos. I can hardly find even a single place in this entire world where you cannot use the bitcoins. Bitcoin can be used anywhere in the world. It is now our choice whether we want to use this bitcoin for the good of ours or not. Bitcoin can be used in the casinos, in fact this will help the bitcoin in a way that it will grow the market of bitcoin and more number of people will get to know about it. |
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blue_nexus15
Member
Offline
Activity: 532
Merit: 10
█ J A X N E T W O R K █
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January 03, 2018, 02:58:18 PM |
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I know there are many online casinos that accept bitcoin to trade and bet. This is understandable because if you use bitcoin to trade or bet, the house will be more manageable and will not be under pressure from the law. But as a person who does not like gambling myself, I think it is better to use bitcoin for a variety of purposes than for gambling.
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MoneyMotivatesMe
Newbie
Offline
Activity: 96
Merit: 0
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January 04, 2018, 03:25:43 AM |
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Casino is all about gambling so the answer is very obvious. There are already much of them that exists.
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kyanscadiel
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January 04, 2018, 08:37:39 AM |
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I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
maybe in the near future, as far as I know only online casino accepts bitcoin. Like in Las Vegas, there's a lot of casino in that place but they only accepts bitcoin for hotel payments and you still need cash if you decide to play in the casino. But who knows, maybe in the future they will already accept bitcoin for casino gaming since they already adopt bitcoin in Las Vegas. |
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LuffyD.Monkey
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January 05, 2018, 01:06:43 PM |
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Bitcoin is already accepted in many online casinos and it shouldn't be hard for physical casinos to start accepting it. They could use bitpay or other services to automatically convert them to fiat if they are not bitcoin supporters.
Yeah why not. If bitcoin can be used in different big markets then why not in casinos. Bitcoin can usable in online gambling because you can do anything with bitcoin as you can do with your regular paper or fiat currency. And when it is usable in gambling then no doubt it will be used in casinos because casinos are made for gambling and bitcoin is money. I think there should be no problem in using bitcoin as your bit in casinos. I can hardly find even a single place in this entire world where you cannot use the bitcoins. Bitcoin can be used anywhere in the world. It is now our choice whether we want to use this bitcoin for the good of ours or not. Bitcoin can be used in the casinos, in fact this will help the bitcoin in a way that it will grow the market of bitcoin and more number of people will get to know about it. Exactly! Bitcoin is a universal currency and there is no such kind of restrictions which makes things difficult for bitcoin in order to being used any place around the world. Bitcoin can be used not only in casinos or gambling, but we can make it use at almost all the places in the world. Using bitcoin at different places will not only help promotion of bitcoin but will also eliminate the need of having paper money. |
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RockHenki
Member
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Activity: 238
Merit: 10
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January 05, 2018, 02:23:13 PM |
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I know there are many online casinos that accept bitcoin to trade and bet. This is understandable because if you use bitcoin to trade or bet, the house will be more manageable and will not be under pressure from the law. But as a person who does not like gambling myself, I think it is better to use bitcoin for a variety of purposes than for gambling.
I also participate in some online casinos and it is strongly recommended to use bitcoin for transactions as it is fast and secure. I feel that in the future it is possible for people to bet on coins instead of cash. Actually the managers of these casinos also want their players to pay with bitcoin because it has many benefits for them. |
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Yanisumin
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January 05, 2018, 10:49:11 PM |
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There is many Casino accept btc.
Yes online casinos, By the way if you are talking about casinos that's been known to everyone like what we are seeing in the movies and cities I think BTC can be used on that casinos (I don't know if there are one who are accepting as of now) but people there are rich and people the chips are pretty expensive so it is possible to buy your chips using BTC and then get that and play. Simple. I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
Are you not aware that the bitcoin gambling industry is big? Look on how many casino's are here in the forum and look on how wide the crypto gambling industry is there. And the answer is obvious mate. It's not the matter of how big the industry, it's the people that playing that are craving to gamble, it doesn't matter if they will use BTC or fiat, what matter to them is that they have something to gamble. Bitcoin is already used as a currency in Online gambling. That's a good idea as an alternative in casino. but I think more efficient use of cash because the transaction can be done quickly
A build in system meant for cryptocurrencies ( or for the people who are playing crypto in casino is easier ), we just don't know if they are adopting crypto. Let's wait for another year and then stay up tuned in the news. |
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oegarod
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January 05, 2018, 11:23:03 PM |
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Gambling industry is the one that made use of bitcoin in a large scale during the early days of bitcoin into existence. By that time it was not that familiar as now, and people have a thought that bitcoin is something an gambling token. Now too we have got lots of legitimate gambling websites, and people have good understanding about the use of bitcoin into gambling and bitcoin is not gambling.
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