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Author Topic: How safe is Bitcoin gambling  (Read 15074 times)
blockman
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March 01, 2018, 09:00:03 PM
 #121

You can't make a living with gambling if you are asking if its possible. You can gamble with different gambling sites but if you prefer sports you can go with nitrogensports, you can click my signature.
Safety? Do you mean that your identities aren't exposed? There are casino's that are requiring KYC so its not safe if you'll gamble with those but bitcoin alone is safe.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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March 02, 2018, 04:13:19 AM
 #122

You can gamble with bitcoin safely over the internet.There are lots of trusted sites are available you can choose any one of them based on your desired game.If you wanna play dice you can try bustadice,this website really work well for me and gave me some bits from bets.
But gambling is not safe where most of the people lose their money here so only gamble with your affordable money to lose.









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March 02, 2018, 05:15:18 AM
 #123

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

You can find lots of trusted bitcoin gambling websites over the internet. Primedice, Bitsler, Crypto-games are some of the popular names.

But surely don't try to make a living on this gambling, Gambling is only a fun part of your living nothing more than that, else your life could be in trouble.

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March 02, 2018, 06:32:22 AM
 #124

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

Safe in what way? one thing you should know, your money will never be safe if you gamble, big risk always follow you as long as you gamble. So if your question is about finance, then the answer is not safe at all. You can not hang your life
on gambling, gambling is not an activity for you to make a living.

Aside from that, no matter how secure the blockchain is, your bitcoin is in the hand of the Casino operator.  So it's mean there is already risk.  If the owner decided to pack up make its exit scam, all your fund will be lost.  What I am saying is, no matter what you use when it is already being held by third party, there is always a potential risk.

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March 02, 2018, 06:51:47 AM
 #125

Its as safe or riskier as other gambling sites. Gambling is just 50/50 win or lose percentage so whether it will be bitcoin gambling or not, it is just the same. The only one changing is the medium or the instrument you use to gamble. Gambling will only require those things who has value, most of the time is money. With regards to make gambling as a living, i dont think it will work. A month maybe, but not for a long time.
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March 02, 2018, 03:49:36 PM
 #126

I gamble with bitcoins for 3 years and in all that time I had some unpleasant situations but I never had some serious problem with any of trustable sites that you can find here on forum, the best ones are in our signatures. They are safe for gambling, you can deposits and withdraw much easier then on fiat casinos, fiat asks for many documents if you wish to withdraw, with crypto casinos you don't have that problems, that's why crypto gambling is the future. There are cool promotions in bitcoin casinos, new casinos offer nice bonuses and loyalty benefits to attract new players. I tried many casinos, you can try them to, start with low amounts and you will see for yourself how safe there are, I trust them as you can see.

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March 02, 2018, 04:04:12 PM
 #127

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

Safe in what way? one thing you should know, your money will never be safe if you gamble, big risk always follow you as long as you gamble. So if your question is about finance, then the answer is not safe at all. You can not hang your life
on gambling, gambling is not an activity for you to make a living.

I bet this is right. Gambling is gambling,and there is no assurance of winning from this. I actually dont get how are you asking about the safety of bitcoin because of course, once you used bitcoin as collateral for gambling, those bitcoins will be at risk unless you win. It is you who are going to bring your bitcoin to danger if you will continue to use it for gambling.

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March 02, 2018, 04:59:12 PM
 #128

I gamble with bitcoins for 3 years and in all that time I had some unpleasant situations but I never had some serious problem with any of trustable sites that you can find here on forum, the best ones are in our signatures. They are safe for gambling, you can deposits and withdraw much easier then on fiat casinos, fiat asks for many documents if you wish to withdraw, with crypto casinos you don't have that problems, that's why crypto gambling is the future. There are cool promotions in bitcoin casinos, new casinos offer nice bonuses and loyalty benefits to attract new players. I tried many casinos, you can try them to, start with low amounts and you will see for yourself how safe there are, I trust them as you can see.
Yes bitcoin gambling is safe if you play on legit gambling sites. you can deposit your bitcoins and play no need to provide any personal information. but now some casinos are asking your details to withdraw the big amount, no worry after rising compliant they resolve your problem. the advantage is deposit bonus and new player promotions you will get many freerolls and extra money etc. be careful before depositing your bitcoins in any new gambling site.
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March 02, 2018, 07:31:05 PM
 #129

How safe ? In terms of earnings, its a 50/50 probability of wins and losses it all depends on luck. With regards to the security on the gambling site, there are many sites who scams desprate gambler so you should be careful on that. Gamble only to those recognized sites. You cannot make a living depending only on gambling. Its like betting your 3x a day food everyday, well, if thats okay with you then go.
In short, we come to the conclusion that gambling is not safe at all. it is never a win-win situation in gambling, you are always at the verge of losing whatever you have bet in the house. The win-win circumstances are only for the house who is controlling all.
Of course, it would not consider as a win-win situation but at least the chances are the same. So you should be careful of playing and do not let the emotion controls you. If you are a professional gambler, you will know how to deal with it. It is just a matter of skills and some luck that will bring you to the throne of winning.
Professional gamblers can only be seen into skill-based related gambling but those professionalism wont really be effective into luck based games such as dice,slots and other similar games. Chances of losing would be entirely the same no matter how professional or newbie you are thats why its never been safe when we are playing gambling because we do definitely no matter what.
Today scam has become a major cause of distress among the gamblers. If a person is to play the online gambling games then he tries to prefer some other sites regardless of their less fame for the sake that they think the chance of a win is greater there but it results in a loss. This could be sort out by a simple solution that never ever use Btcs for the sake of gambling because once they have been lost then you would end up in the debts.

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March 03, 2018, 06:02:42 AM
 #130

I don't find it safe because I already lost more than 1 BTC for gambling.Gambling is too risky,I saw my friends lost his all capital in gambling.So I don't think it's safe at all.Gambling just depends on luck, no strategy or math can help you out.I called it money killer machine.Gambling made millions of people empty hand.Some country has banned gambling for it's risky side.Overall,it's not safe for people who wants to earn money through gambling.
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March 03, 2018, 07:15:09 AM
 #131

I don't find it safe because I already lost more than 1 BTC for gambling.Gambling is too risky,I saw my friends lost his all capital in gambling.So I don't think it's safe at all.Gambling just depends on luck, no strategy or math can help you out.I called it money killer machine.Gambling made millions of people empty hand.Some country has banned gambling for it's risky side.Overall,it's not safe for people who wants to earn money through gambling.
No one said that gambling is safe but the process of using bitcoin I think there's a lots of trusted site all over the crypto industry we just needed to review each one of them and assess if the site is really safe to play with, the forum have a lots of threads that you can check especially the Ann thread people who already tried the house can give reviews and you can use some as basis while doing your own research.
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March 03, 2018, 07:28:43 AM
 #132

Personally I'm better gamble at Vegas directly rather than entrust website gambling although they show their legit code. ( Because I'm not a good programmer , how can I verify it ? )

Gambling with bitcoin , you're risking 2 type , your bitcoin investment and your bitcoin money so do consider it very carefully before try to gamble

Smiley
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March 03, 2018, 03:33:09 PM
 #133

Gambling is never safe. Either you use fiat or bitcoins in doing so.
Gambling is betting and it means RISKING YOUR MONEY. I think that would be enough to support that it's not safe at all.
Though there are times that a person gets lucky in winning, everything is still in the whole concept of agreeing to let a game put your possession in danger and maybe lost forever.
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March 03, 2018, 04:49:36 PM
 #134

It is safer and more trustworthy than any gambling place or casino in your area , bitcoin gambling is transparent you can verify every single roll , you don't have a big bankroll and most importantly your profits don't get taken away as tax.
It is safe and you can gamble anonymously

It might be transparent but the odds are still 49%/51% which gives us the gamblers a losing edge in the long run no matter how you look at it.
That's there but at least we do get a bit of fair chance unlike casinos which doesn't give us any chance of winning anything, which isn't regulated and isn't transparent also
If someone makes profit the house edge is so high it all seems like a waste , I don't understand why do people still gamble even after knowing all these things
The answer is not all people do only seek out on making money after all playing these things which means they do still continue to play gambling on either on various reasons might be entertainment or because of their addiction.Theres nothing to be surprised of about winning chances because we cant really beat the house in the end of the day and instead on making money then we are just purely paying money for the game we do played for.
Not winning against the house edge is nothing new but we are talking about relatively early gamblers if you didn't know when you create a new account it is completely fair until house edge figures your play style until then it's upto to us and ya even if many make profit they choke it
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March 03, 2018, 06:34:03 PM
 #135

I think, now there are so many sites for bitcoin gambling. Related to 'safe' word, in my opinion is about how greedy we are. Although the site is really fair but our self is greedy, of course we will always lose.
It is even more than trouble. Thousands and millions of the population have been affected badly with this pathetic game. People find a charm and fun and entrenchment in it but they don’t believe when this game eat their lives up like nothing. You need to understand what is better for you and what isn’t. Don’t go blindly hunting for earning resources. Be wise and active while sleeting any economical platform.
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March 04, 2018, 04:40:47 AM
 #136

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

To tell you the fact is that gambling is not safe at all. The probability of losing is gambling is same as compare to the wining. The Luck decide your fate and you do not need any skills etc. But on the other hand, in case you win, the profit ratio is also very high. I have seen people becoming millionaire in no time  due to Win and i have seen millionaires becoming beggars due to loss in gambling

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March 05, 2018, 02:29:43 PM
 #137

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

To tell you the fact is that gambling is not safe at all. The probability of losing is gambling is same as compare to the wining. The Luck decide your fate and you do not need any skills etc. But on the other hand, in case you win, the profit ratio is also very high. I have seen people becoming millionaire in no time  due to Win and i have seen millionaires becoming beggars due to loss in gambling
I don't think op meant it that way. It probably is on the technical safety terms. One thing is for sure though. Btc gambling is a lot safer than the conventional fiat gambling. Anonymity is a big boost to its security compared to when you have to provide personal information

 
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vv181
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March 05, 2018, 02:55:06 PM
 #138

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

To tell you the fact is that gambling is not safe at all. The probability of losing is gambling is same as compare to the wining. The Luck decide your fate and you do not need any skills etc. But on the other hand, in case you win, the profit ratio is also very high. I have seen people becoming millionaire in no time  due to Win and i have seen millionaires becoming beggars due to loss in gambling
I don't think op meant it that way. It probably is on the technical safety terms. One thing is for sure though. Btc gambling is a lot safer than the conventional fiat gambling. Anonymity is a big boost to its security compared to when you have to provide personal information
Agree, OP mean the technical aspect of how safe and fair the gambling sites. About it, I'm sure online gambling sites is clearer about how provably fair the system is rather than any casino gambling. We can verify by ourself about how the system fairness works.
Compa
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March 05, 2018, 03:26:57 PM
 #139

Don't play in gambling, it's safe. I guess.
You know that when if you plaing in gambling you have already take a risk to lose your money. Nothing safe on gambling.

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qwertyup23
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March 06, 2018, 12:00:04 AM
 #140

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

Always remember that gambling can never yield you a stable source of income monthly as you are relying your future on risks. The odds are not always on your favor and there will be times that it may worsen your situation further. Instead of gambling, I heavily recommend that you should focus on maintaining and improving your job as a rank-and-file employee or as a manager of a company.
I have said this before and I will say it again: GAMBLING CAN NEVER BE PROFITABLE! but it has the potential of giving you large amounts of money in a short amount of time given the right circumstances and attitude towards it.

R


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