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Author Topic: Which coin do you think is best for gambling?  (Read 2258 times)
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January 12, 2018, 03:01:35 PM
 #21

If not for the high price of Bitcoin and it high transaction fee, it would have been a better coin for it.
Even Ethereum also, but they both have high transaction fee, so we can resort to Litecoin or Bitcoin Cash.
And also if you want to use  Dogecoin its okay too, though I don't use them but I have heard that their transaction fee are quite low.
But the problem is most casino may not be using it. Casino owners should try to use coins that have low transaction fee to encourage more players.
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January 12, 2018, 04:00:08 PM
 #22

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?
You are sounding like you are promoting some altcoins to make them bumping. When you are relying with some well established gambling houses then you never need to worry about moving out funds. These days most of known gambling houses are having with in-house exchange services so you never need to worry about playing with bitcoins.

For the gamblers who are all still playing with faucets and in bulk transfers, bitcoin still remain as a medium of exchange without any secondary thought to switch over to any other coins.
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January 12, 2018, 04:16:21 PM
 #23

Initially most of the gambling websites were not accepting Bitcoin Cash but due to its popularity, they have all starting to accept it especially when bitcoins were taking a lot of money for transactions fees and taking too long to confirm them as well.
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January 12, 2018, 04:45:08 PM
 #24

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?



I prefer dogecoin or litecoin to gamble, fast transactions and low fees. Bitcoin is not interesting right now to gamble due to the high fees and slow transactions. But implementation of the lightning network will help alot to resolve this.



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January 12, 2018, 04:46:56 PM
 #25

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.
What other coins you guys think can be viable option for crypto based casinos?

There are too many options now may used in gambling the bitcoin and other altcoin, one of them is ethereum. Since ethereum now and bitcoin were having a high fees and low transactions i prefer to use other alcoins who have a low fees but accurate transaction just like litecoin. This is my own opinion i'm not saying these for promoting altcoins. It's to better to gambled for those low fees compared to other the highest fees that's already you're lost.
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January 12, 2018, 05:25:39 PM
 #26

I usually use dogecoin for gambling since bitcoin take long time to confirmed and also high cost to cover tx fees. But sometime i also use ethereum and litecoin.
Dogecoin still my favorite alt to gambling, low fees, cheap price, a lot casino accept this one and also not too long wait until my deposit/withdrawal confirmed.

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January 12, 2018, 06:13:43 PM
 #27

I usually use dogecoin for gambling since bitcoin take long time to confirmed and also high cost to cover tx fees. But sometime i also use ethereum and litecoin.
Dogecoin still my favorite alt to gambling, low fees, cheap price, a lot casino accept this one and also not too long wait until my deposit/withdrawal confirmed.

Dogecoin is accepted on a lot gambling sites beside bitcoin and ethereum. Whenever bitcoin and ethereum network are so crowded, dogecoin can be used as an alternative way to gamble. It has small fee and mostly, the confirmation time will be fast.

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January 12, 2018, 08:53:29 PM
 #28

Railblocks does make a lot of sense for gambling but i think there is still quite a way to go before we can reasonably expect railblocks to be accepted in this manner.  Good old days used to be bitcoin but considering the tx fees and time it takes for bitcoin confirmation these days, its not really practicable.  For me the best and easiest today is dogecoin, its perfect for gambling not just in terms of low tx fees etc, but also the value gives me the illusion that i'm not gambling too much.  Kind of risky also, i know but hey.....it works for me.
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January 12, 2018, 09:39:37 PM
 #29

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?



Bitcoin  is the best for gambling now because it has high value, that every one who gamble is retain for bitcoin.That everyone wants to get bitcoin. I know that every gambler is greedy to  Have a bitcoin now because of the promising price in the future that bitcoin is going higher and higher that is about to treasure bitcoin hunter now.Bitcoin is their life now to rule in their lives.
 
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January 12, 2018, 11:11:05 PM
 #30

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?



Yes, I agree with you. Ethereum is the best coins also for gambling and investment. For dogecoin is still new for me. But if you said the fee is low,
I think is still ok to choose dogecoin coin for gambling. I know still many coin can do gambling, but some coin the fee is really high.
So came back to you what you choose !
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January 12, 2018, 11:29:54 PM
 #31

Actually my favorite coin is doge, its cheap and I dont have to keep counting the decimal when I bet,but not all casino is accepting doge, eth or ltc is also good option to use, bitcoin fee is ridiculously high make it not suitable to use anymore
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January 12, 2018, 11:33:39 PM
 #32

Railblocks does make a lot of sense for gambling but i think there is still quite a way to go before we can reasonably expect railblocks to be accepted in this manner.  Good old days used to be bitcoin but considering the tx fees and time it takes for bitcoin confirmation these days, its not really practicable.  For me the best and easiest today is dogecoin, its perfect for gambling not just in terms of low tx fees etc, but also the value gives me the illusion that i'm not gambling too much.  Kind of risky also, i know but hey.....it works for me.
Actually all Altcoin and cryptocurrency can be used for gambling. Because cryptocurrency is basically a currency and all currencies are only used for transaction tools only. But actually, if we see, most gambling sites that use Bitcoin as a means of payment. While the price of Bitcoin is very high today, and its fee is also so high. So I suggest you not to use Bitcoin as a transaction tool. Use other cryptocurrencies as a tool for gambling. So now our task is to find a gambling site that receives cryptocurrency other than Bitcoin. Maybe in the future there will be a lot of gambling sites that accept various cryptocurrency other than Bitcoin.
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January 13, 2018, 03:20:29 AM
 #33

Actually my favorite coin is doge, its cheap and I dont have to keep counting the decimal when I bet,but not all casino is accepting doge, eth or ltc is also good option to use, bitcoin fee is ridiculously high make it not suitable to use anymore

I think LTC coin planning to reduce their transaction fee and that may attract many gamblers soon because even ETH also facing some transaction issues so best option will be either ETH or Dogecoin for gambling. Slowly no one will use bitcoin in gambling because no one wants to waste so much transaction fee and wait for few days to get confirm transactions. Recently I only use LTC to play dice game.
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January 13, 2018, 03:38:50 AM
 #34

OP, good topic! This thread will be great for feedback collection for my Segwit campaign.

Looking at all the replies, I did not expect that many people are using Ethereum for deposits and withdrawals to casino sites. I thought they are also having their own problems with high fees and slow confirmations. Is the Cryptokitties fever over now?

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January 13, 2018, 05:36:15 AM
 #35

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?



I prefer with dogecoin too because the price is still cheap and the fee is not too big and it's only 5 dogecoin in every time we make a transaction. but I have experience with litecoin and clam but for now, I think those coins need a time before it arrives in my account and I still use dogecoin until now. I am not yet trying with raiblocks because I don't have that coin and maybe later I will try to buy some rai and try to use as my bets.

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January 13, 2018, 02:20:46 PM
 #36

I personally prefer dogecoin and ethereum but these days ethereum also have network congestion and fee is really high so dogecoin is best right now.

Raiblocks is another coin that have no confirmation time and zero fee and I think it will be accepted in some casino soon because nobody wants to wait for hours to get confirmation and pay high fees just to move coins in and out of the casino.

What other coins you guys think can be viable option for crypto based casinos?




Doge and etherium is mostly one of accepting altcoins in gambling websites because they are famous one, bitcoin is really difficult to use in gambling because of the high fees and also it is really requires a lot of time to received so mostly of the gamblers will go to altcoins and find some decent altcoin that is really fast to received though eth is really slow right now . I think those only new in the altcoin market is really fast and those really not famous also. I think xmr is one of the best though it is not famous enough but it has a high value
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January 13, 2018, 03:40:25 PM
 #37

I think ethereum will be a good coin for gambling because the transaction time is very fast and fee is very less when compared to other coins.But there are many altcoins available which can transact faster than ethereum but they are not popular yet so go with ethereum and most of the gambling sites are also accepting ethereum for gambling when compared to other coins.
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January 13, 2018, 04:15:43 PM
 #38

Ethereum I'd say is the best one right now due to the congestion with Bitcoin.

For info on Ethereum gambling vs Bitcoin Gambling and best sites check our recent article :

www.bitcoingambling101.com/ethereum-gambling/

More and more coins are becoming available also, so far we have Monero and Litecoin as good choices, for more info on these and the benefits check the links:

www.bitcoingambling101.com/monero-gambling/
www.bitcoingambling101.com/litecoin-gambling/

Hope this helps! Any further questions just ask Smiley
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January 13, 2018, 05:26:18 PM
 #39

when the price of bitcoin was pretty low the best coin used for gamble is bitcoin but since the price was very high and following also higher fees then to gambling i have to figure out which coin would i use as instead of bitcoin to gamble and i think ETH is the best option because currently there are several gambling sites who accepting ETH
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January 13, 2018, 05:29:48 PM
 #40

If not for the high price of Bitcoin and it high transaction fee, it would have been a better coin for it.
Even Ethereum also, but they both have high transaction fee, so we can resort to Litecoin or Bitcoin Cash.
And also if you want to use  Dogecoin its okay too, though I don't use them but I have heard that their transaction fee are quite low.
But the problem is most casino may not be using it. Casino owners should try to use coins that have low transaction fee to encourage more players.

Bitcoin has been bad idea for gambling for a while now... I agree with litecoin though, i use it every time i want to gamble, instead of Bitcoins, this way i save decent amount of money as i don't have to pay huge fees. I'm not sure about Dogecoin though... I haven't seen a new site that would accept them. Not saying that there aren't any site that accepts them, but it's nothing compared to Btc/Eth/Ltc

 
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