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Author Topic: How safe is Bitcoin gambling  (Read 15072 times)
mornabo
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December 29, 2018, 12:09:41 PM
 #261

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink

Bitcoin gambling is safe when you choose the right casino to play. There are many scams around that try to steal your crypto. An example of them, are casinos that give you Free rolls in the beginning and when the time comes to withdraw your earnings they ask you for a certain amount to deposit. Don't fall for it. It's a scam.

If you are interested in playing you can find many casinos in this thread that have reviews and opinions posted as well. Try to find a game that you like and you feel confident playing it. This way you will entertain yourself along with the possibility of making a profit.

As for your third question, I cannot say that if you gamble you can make a living. You have to be cautious with your funds and bet only what you afford without jeopardizing your life due to betting. Just see it as a side income and not as a main one.
Bitcoin are always safe when you are a gambling you need to preserve and make some security for your investment this is the only way to make proper saving in gambling otherwise gambling will not make any fraud in your wallet and also gambling will always like this the game so we cannot change anything against that.
the risk in bitcoin gambling is the reputation of the gambling site itself, do they have a house edge that matches what they say, and of course the security of your account, first make sure you choose a trusted online gambling site. and some gambling sites provide 2fa for login, you should use that
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December 29, 2018, 05:46:21 PM
 #262

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink

Bitcoin gambling is safe when you choose the right casino to play. There are many scams around that try to steal your crypto. An example of them, are casinos that give you Free rolls in the beginning and when the time comes to withdraw your earnings they ask you for a certain amount to deposit. Don't fall for it. It's a scam.

If you are interested in playing you can find many casinos in this thread that have reviews and opinions posted as well. Try to find a game that you like and you feel confident playing it. This way you will entertain yourself along with the possibility of making a profit.

As for your third question, I cannot say that if you gamble you can make a living. You have to be cautious with your funds and bet only what you afford without jeopardizing your life due to betting. Just see it as a side income and not as a main one.
Bitcoin are always safe when you are a gambling you need to preserve and make some security for your investment this is the only way to make proper saving in gambling otherwise gambling will not make any fraud in your wallet and also gambling will always like this the game so we cannot change anything against that.

There are two things to consider here  which will help you understand if gambling is safe or not.

1 - The site where you plan to gamble should be trust worthy otherwise you will have 100% chance of losing your money. Scam sites will let you deposit only and may not let you withdrawal.


2- You should have a good knowledge on how to play gambling and when to quit. Money management is very impoertant in gambling otherwise playing blindly will all your money will result in a loss.

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March 01, 2019, 12:37:53 AM
 #263

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink
Have you been into real life casinos before? 'coz if not, you'll surely start at the very bottom. But hopefully, you have experience gambling before. Well, the only difference is that instead of fiat, you will be using some of your crypto investment, whether Bitcoin or other cryptos to make a deposit and to be able to play the game that you want. Security on gambling depends on the gambling site that you are playing at. Some gambling sites are fraud which is obviously, not a good thing to ran through. There are numerous gambling sites to choose from and it is for you to decide which one would you engage yourself with. Make reading a habit, there are articles wherein details and some feedbacks are compiled along with the others.
This is the misconception. Gambling is the game of luck; are you lucky enough to win everytime? of course, you won't be able to make a living through gambling. The profit won't be constant and even manipulated. Maybe, the thing that give you this assumption are those people who won big time, if it is, I want you to know that they have loss more than their winnings. To avoid gambling addiction, know what you are engaging yourself with. Gambling SHOULD be an activity for entertainment not for players to earn money from.

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March 01, 2019, 12:50:28 AM
 #264

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink
Have you been into real life casinos before? 'coz if not, you'll surely start at the very bottom. But hopefully, you have experience gambling before. Well, the only difference is that instead of fiat, you will be using some of your crypto investment, whether Bitcoin or other cryptos to make a deposit and to be able to play the game that you want. Security on gambling depends on the gambling site that you are playing at. Some gambling sites are fraud which is obviously, not a good thing to ran through. There are numerous gambling sites to choose from and it is for you to decide which one would you engage yourself with. Make reading a habit, there are articles wherein details and some feedbacks are compiled along with the others.
This is the misconception. Gambling is the game of luck; are you lucky enough to win everytime? of course, you won't be able to make a living through gambling. The profit won't be constant and even manipulated. Maybe, the thing that give you this assumption are those people who won big time, if it is, I want you to know that they have loss more than their winnings. To avoid gambling addiction, know what you are engaging yourself with. Gambling SHOULD be an activity for entertainment not for players to earn money from.
I totally agree with this.Profit from gambling should not be considered as something that would give you 'millions'. This is the common misconception as you have mentioned. Not everyone is lucky enough, and not all the time, they are lucky to win from time to time.
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March 01, 2019, 12:59:50 AM
 #265

It depends on the gambling site you are playing with. There are already some gambling site which has 2fa authentication as second layer of security. Through this, the risk of hacking of gambling account would be lessen.
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March 01, 2019, 01:05:27 AM
 #266

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink
Have you been into real life casinos before? 'coz if not, you'll surely start at the very bottom. But hopefully, you have experience gambling before. Well, the only difference is that instead of fiat, you will be using some of your crypto investment, whether Bitcoin or other cryptos to make a deposit and to be able to play the game that you want. Security on gambling depends on the gambling site that you are playing at. Some gambling sites are fraud which is obviously, not a good thing to ran through. There are numerous gambling sites to choose from and it is for you to decide which one would you engage yourself with. Make reading a habit, there are articles wherein details and some feedbacks are compiled along with the others.
This is the misconception. Gambling is the game of luck; are you lucky enough to win everytime? of course, you won't be able to make a living through gambling. The profit won't be constant and even manipulated. Maybe, the thing that give you this assumption are those people who won big time, if it is, I want you to know that they have loss more than their winnings. To avoid gambling addiction, know what you are engaging yourself with. Gambling SHOULD be an activity for entertainment not for players to earn money from.
I totally agree with this.Profit from gambling should not be considered as something that would give you 'millions'. This is the common misconception as you have mentioned. Not everyone is lucky enough, and not all the time, they are lucky to win from time to time.
Exactly. I personally, do find enjoyment in gambling but I never assumed to earn millions from it. It is just my way of killing the time after hours of work.

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March 01, 2019, 01:44:36 AM
 #267

It depends on the gambling site you are playing with. There are already some gambling site which has 2fa authentication as second layer of security. Through this, the risk of hacking of gambling account would be lessen.
Activating 2FA gives you tighter security if you ever had funds deposited on a casino. Thinking on how make a living with gambling can be done by very few people that is used to this kind of living but for someone that doesn't have any idea with it, you shouldn't.

It is safe as long as you gamble with the reputable casino's and not with those new casino's that just popped and shilled somewhere. Dice is good for beginners that doesn't know how to gamble, you can visit some popular dice sites like bustadice if you would love to.

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March 01, 2019, 08:24:29 AM
 #268

It depends on the gambling site you are playing with. There are already some gambling site which has 2fa authentication as second layer of security. Through this, the risk of hacking of gambling account would be lessen.
Activating 2FA gives you tighter security if you ever had funds deposited on a casino. Thinking on how make a living with gambling can be done by very few people that is used to this kind of living but for someone that doesn't have any idea with it, you shouldn't.

It is safe as long as you gamble with the reputable casino's and not with those new casino's that just popped and shilled somewhere. Dice is good for beginners that doesn't know how to gamble, you can visit some popular dice sites like bustadice if you would love to.


Quote
It is safe as long as you gamble with the reputable casino's and not with those new casino's that just popped and shilled somewhereIt is safe as long as you gamble with the reputable casino's and not with those new casino's that just popped and shilled somewhere

i think i know the site that you are talking about but thier site is also legit and reputable  . its just the shilling thing is too overated  .  on the other hand , bitcoin gambling is safe but is risky and will become dangerous if you will become addicted towards  it .  2fa's isnt also necesary on gambling sites because we dont really store our funds on there not unlike to an online exchange and online wallets  .
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March 02, 2019, 04:12:59 PM
 #269

Absolutely not.     
No one makes a living from gambling, otherwise it won't be considered a gambling anymore.

Transacting with Bitcoin is safe from what I know. Whether it is safe or not on the wallets of gambling sites, I don't know.
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March 02, 2019, 04:46:23 PM
 #270

Quote
How safe is bit coin gambling is it worth?
It depends on where are you going to play, some gambling websites are scam... You should check the credibility of the gambling sites on where you're going to play, you can check online forums and reviews about the site by doing a simple research on google.
Quote
If yes and than how to play and where to play?
After looking for a credible gambling sites or casino sites you can start playing gambling games by investing or transferring funds from your personal wallet to your wallet on the gambling sites most of the crypto gambling sites only asks for a email confirmation but if you're a big gambler you should complete the KYC for you to withdraw a big amount of bitcoin from a gambling site.

You can find different crypto gambling sites in just simple research most of them have the same game but have different animations, presentations, some have a live bet games, virtual games, etc. it's your choice.
Quote
can now make a living on this gambling?
NO!Gambling should be played as for fun or just for recreation not for a living this kind of recreation is very dangerous if you're going to make gambling as your way of living then there's a high chance that you're not going to live since the chance of losing is 50% you can lose all your money in just a matter of seconds... I CAN GUARANTEE IT.



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March 02, 2019, 09:57:25 PM
 #271

Quote
How safe is bit coin gambling is it worth?
It depends on where are you going to play, some gambling websites are scam... You should check the credibility of the gambling sites on where you're going to play, you can check online forums and reviews about the site by doing a simple research on google.
Quote
If yes and than how to play and where to play?
After looking for a credible gambling sites or casino sites you can start playing gambling games by investing or transferring funds from your personal wallet to your wallet on the gambling sites most of the crypto gambling sites only asks for a email confirmation but if you're a big gambler you should complete the KYC for you to withdraw a big amount of bitcoin from a gambling site.

You can find different crypto gambling sites in just simple research most of them have the same game but have different animations, presentations, some have a live bet games, virtual games, etc. it's your choice.
Quote
can now make a living on this gambling?
NO!Gambling should be played as for fun or just for recreation not for a living this kind of recreation is very dangerous if you're going to make gambling as your way of living then there's a high chance that you're not going to live since the chance of losing is 50% you can lose all your money in just a matter of seconds... I CAN GUARANTEE IT.



Has the OP been satisfied with all the answers that he got from here? Gambling is not to be classified as a source of living by any means. If you are going to gamble because of that, you will lose everything not only all your material things around you but all the loved ones that you care about. Guaranteed!
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March 02, 2019, 10:02:02 PM
 #272

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink
not only Bitcoin all the investment that we have to made in gambling need to be safe or because gambling is always been running with that trust and hope so in gambling the hope between the investor and gambling site will need to be continue for long time then only the proper gambling will be going on very well so gambling with Bitcoin is always huge profitable so it will be more safe and secured.
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March 02, 2019, 10:35:20 PM
 #273

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink
Bitcoin gambling is safe if you are playing on a good gambling sites.
You should look for the top gambling site so you will be on the right place and learn how to play the game.
Its not good idea to make gambling for a living because it can make you lose your money so don’t expect too much from gambling, its risky.
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March 02, 2019, 11:24:09 PM
 #274

Bitcoin gambling doesn't have a big differences with altcoin gambling so I'll make it more general. Gambling is a terrible way but entertaining act, there's always a risk that is beside you. You must think and control the game to be able to fight and make a huge profit, if you don't know how to control it, you're just trying to walk on a lion's den. Another thing is, when you're addicted to it, there's no way you can easily escape it. Sometimes, it will lose your belonging and might destroy your life if you're still going even you haven't any super general abilities(skills in gambling). I know it's a fun thing to do but all of the fun thing can have a worse scenario after. There's a lot of stories behind gambling, try to read more articles about it so you can understand what will you go through if you do gambling. Sometimes it's save 'cause you're just doing it online but once you're into it's dimension(already addicted) it's very unsafe 'cause lions will devour you.  Roll Eyes
FlightyPouch
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March 02, 2019, 11:58:17 PM
 #275

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink

This depends on the gambling sites that you are playing and obviously the game that you are playing. Some say that we should not be gambling as gambling will make our lives worst but that depends on what are you doing with your money when you are gambling and what game are you playing. You can make a living if you know what you are doing, always remember that.

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March 03, 2019, 12:36:36 AM
 #276

bitcoin is safer to bet because it will never be able to cheat in numbers. I think there are still a number of bitcoin gambling sites right now.
Caladonian
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March 03, 2019, 02:44:43 AM
 #277

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink
Bitcoin gambling is safe if you are playing on a good gambling sites.
You should look for the top gambling site so you will be on the right place and learn how to play the game.
Its not good idea to make gambling for a living because it can make you lose your money so don’t expect too much from gambling, its risky.
Using reputable site can lessen your worries about legitimacy of your bitcoin gambling, as the feedback coming from people who uses the platform
can be a good basis for gamblers who are thinking twice about using bitcoin as a base currency for gambling.

You just needed to review each information about the site and how things works around crypto gambling industry to be familiarized.
Viscore
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March 03, 2019, 02:57:27 AM
 #278

bitcoin is safer to bet because it will never be able to cheat in numbers. I think there are still a number of bitcoin gambling sites right now.
It's the bet the bet is the issue, it's the bitcoin gambling sites or crypto gambling sites (since they're considering other coins now) because they are the one who will process your bet and pay your winning in case you are lucky. Well, in general I can say it's improving but I would not say it's safe since they are not licence, I mean most of them. So, if you can afford what you risk by accepting the risk in the market, it's okay to gamble with bitcoin.

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March 03, 2019, 12:37:52 PM
 #279

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink

Bitcoin gambling is safe when you choose the right casino to play. There are many scams around that try to steal your crypto. An example of them, are casinos that give you Free rolls in the beginning and when the time comes to withdraw your earnings they ask you for a certain amount to deposit. Don't fall for it. It's a scam.

If you are interested in playing you can find many casinos in this thread that have reviews and opinions posted as well. Try to find a game that you like and you feel confident playing it. This way you will entertain yourself along with the possibility of making a profit.

As for your third question, I cannot say that if you gamble you can make a living. You have to be cautious with your funds and bet only what you afford without jeopardizing your life due to betting. Just see it as a side income and not as a main one.
Bitcoin are always safe when you are a gambling you need to preserve and make some security for your investment this is the only way to make proper saving in gambling otherwise gambling will not make any fraud in your wallet and also gambling will always like this the game so we cannot change anything against that.
the risk in bitcoin gambling is the reputation of the gambling site itself, do they have a house edge that matches what they say, and of course the security of your account, first make sure you choose a trusted online gambling site. and some gambling sites provide 2fa for login, you should use that

You should first make sure you follow all the safety principles which includes strong password usage, 2fa implementation and then of course select  old trusted websites for playing gambling.


It's safe if you choose a reputable gambling site.
As long online gambling is not illegal in your country, you do not have to worry also, and I don't really know
to treat the bitcoin online gambling because this gambling sites are not operating in our country, so IMO it could be safe to gamble online.
Yes, bitcoin gambling's safety is just depending on the gambling house as there will be no other risk involved just due to reason of using bitcoin for our gambling.

I believe even gambling is prohibited in a country, those country people may continue gambling with bitcoin through bypassing Internet censoring. Online gambling along with bitcoins must be the greatest options for those gambling prohibited country people.

Although you can bypass the country laws by using VPN and playing gambling, but I would not recommend this. If it is banned in your country then you should obey the orders of your country and do not find ways to violate the law.

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May 01, 2019, 05:45:53 PM
 #280

Hello friends

How safe is bit coin gambling is it worth?
If yes and than how to play and where to play?
can now make a living on this gambling?
waiting for your opinions guys.

hope all good. Wink
There are a lot of bitcoin gambling sites or bitcoin casino that are safe to play like bitsler, stakes, primedice, and many more. I can say that playing in a bitcoin casino is really worth because you can add all of your winnings in your investment, but it will be difficult if you consider it as living because there will be chances that you will get addicted or greedy in playing. I highly suggest for you to play on the bitcoin casino that i have been playing which is Vegascasino are one of the best bitcoin casino because it is safe and secured and bitcoin has been recognized as a highly secure currency system and this makes Vegascasino a safe place to play. It also has hundreds of casino games that you can play and it offers great bonuses for new players that attracts a lot of people.

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