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Author Topic: If bitcoin can be used in gambling. Is it possible to use it casino?  (Read 7815 times)
Raffy11
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September 16, 2017, 04:16:32 AM
 #1

I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.

The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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September 16, 2017, 04:36:57 AM
 #2

I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
You can realize of course, but casinos are more profitable than cash. And as an alternative is a very good idea, not many will certainly use such a service, but still.

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September 16, 2017, 05:37:01 AM
 #3

There is many Casino accept btc.

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September 16, 2017, 07:48:35 AM
 #4

You mean IRL?. Because what is know is that fiat is used in RL casinos. I actually never been to a RL casino but i know they just dont use virtual currencies there and even credit cards.
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September 16, 2017, 07:51:58 AM
 #5

I think bitcoin hasn't yet reached to real casinos. Never heard in any news of anywhere that there is a casino anywhere in the world which is accepting bitcoin in exchange of chips for gambling in there. Such a thing can happen, but it will surely take some years yet as bitcoin hasn't reached the public of real world completely yet.

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September 16, 2017, 11:45:38 AM
 #6

Bitcoin has been used to almost anything that is on the web. But i guess if you are refering to casino in the physical world then that would be crazy because i think fiat money is used in almost all games.
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September 16, 2017, 12:02:20 PM
 #7

I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
You are probably talking about brick and mortar casino.
No, they like paper money. I don't think they want bitcoins, imagine, someone deposit bitcoins and need to wait for certain time for his transaction to confirm. Casino owners want people who will spend money as soon as possible.

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September 16, 2017, 12:51:18 PM
 #8

I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
Yes of course, bitcoins can use to casinos and many gambling industries of casinos has adopted bitcoins to be betting on their website of gambling casinos, bitcoins can be used for casinos gambling with the website become the escrow for the people who play gambling casinos on there. Btw this topic is more suitable moved to gambling discussion section on bitcointalk not on the marketplace section.

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September 16, 2017, 01:03:53 PM
 #9

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.
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September 16, 2017, 02:05:18 PM
 #10

It is a very good idea but they might not accept it due to anonymous source.the casino those can take asset such as gold or property work might take it but these kind of gambling are usually illegal and contain good amount of risk.
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September 16, 2017, 02:19:01 PM
 #11

I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
I do not mind that because I've stopped gambling, now I focus more on investment. because I've spent a lot of money when I gamble. therefore I stopped gambling and for now I focus more on the job.

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September 16, 2017, 02:32:37 PM
 #12

Bitcoin has been used to almost anything that is on the web. But i guess if you are refering to casino in the physical world then that would be crazy because i think fiat money is used in almost all games.

I am not sure how many casinos in which part of the world do accept the btc as a payment mode in the casinos. Probably there wont be much I guess. In our country gambling is banned so here no question arises of acceptance. Online yes most of the sites for gambling do accept btc as their business now mostly depended on the btc itself as majorly people pay via btc.
 

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September 16, 2017, 04:03:45 PM
 #13

Bitcoins can be used for all of kinds gambling website because bitcoins is currency for now, we just need system of website gambling to adopt bitcoins on the website gambling, it is just the way how to change the fiat currencies to be digital currencies in website gambling, we need the programmer of website to change it and apply bitcoins on the website gambling.
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September 16, 2017, 06:13:02 PM
 #14

I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.

It is possible, so i am sure that some popular casinos accept bitcoins as payment for chips now. I'm not sure as i don't go to casinos. So even if there are casinos that do that, i don't think that there would be anyone that would want to do that, for same reasons why only a few people use bitcoins as payment for everything else.



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September 16, 2017, 06:47:10 PM
 #15

I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.
Bitcoin is already used as a currency in Online gambling just in case you are not yet informed. One of a well known gambling site is Primedice. There are already altcoin that is under development as a main function for casinos.

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September 16, 2017, 09:20:29 PM
 #16

Yes it's popular look at the signatures of the people that commented here, most of them are casino's. The feature of bitcoin that doesn't require any information from the users both end-to-end are having this good security for their identities. And for those people that doesn't want to hide themselves from other people and doesn't want to know that they are in gambling, they can choose bitcoin gambling.

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September 17, 2017, 04:29:10 AM
 #17

maybe i n the future casinos will be accepting bitcoin in exchange to chips, because it is one big innovation that casino player will not bringing out the cash on their back. Its a good Idea if casinos will implement it, just scan there QR code and your ready to play.

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September 17, 2017, 04:47:41 AM
 #18

Yes of course bitcoin can be used in any gambling and there are several casinos already accepting it as deposit.
Yet bitcoin transaction can take moments to be in your account but it adds more security for clients.

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September 17, 2017, 05:34:40 AM
 #19

Gambling sites or casino has the same policy I think, "as long it is worth a chip we accept it", I will not judge them for it, they eventually accept your wife as collateral if that looks like Britney Spears. I mean come on, It isn't possible at all eventhough I haven't heard news about it. In no time it will spread when bitcoin increases its value at 6000$ or more. It will be implemented even if we like it or not.
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September 17, 2017, 07:13:27 AM
 #20

I have no idea if casino will ever accept bitcoin as exchange for chips that is used in gambling.

You are referring to a real casino right? But you didn't know that there are many casino sites, dice games and sports betting that accepts bitcoin. There are many sites that has a feature of playing casino games and there are some that has a feature of live casino. So the answer for your question is yes it's really possible actually it really exist. A casino site that has a live casino and others.
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