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Author Topic: How safe is Bitcoin gambling  (Read 15074 times)
el kaka22
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March 06, 2018, 05:19:41 AM
 #141

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.
We cannot verify anything and even if the provably fair claim is true, you cannot always be in the best position of winning compared to the house edge that has the highest advantage. Also, even though I have heard some tactical cheating in some casinos, but I am sure so many people may feel comfortable playing in casinos than online gambling.

Nevertheless, safety only depends on each individual, but if I am to answer the OP's question based on all that he listed as being safe, and then I would rather tell him, it is unsafe.

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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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March 06, 2018, 05:30:03 AM
 #142

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.
Thats good. Gambling is depending on a gambler or he is the owner etc. We can say that it is safe and the safety of our money is in our own hands. I don't like that working on the job and improbe your skills. Because it is not only the work that you can do you have to find out whats best for you don't be contented to be an employee. Circumstances is on you choice picking up ot doing the things you wanted.


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March 06, 2018, 06:15:04 AM
 #143

I think bitcoin or altcoin gamblings works the same thing, they have the same strategy and you will won or lose the same. And with regard to where you play them, there are actually a lot of gambling sites to play with like Bitsler, Primedice and many more. Just do you research and most of these sites offer bitcoins too. Oh and by the way, making a living out of gambling, that's kind of lame to make gambling as your source of income. Most of the time it does not work.
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March 06, 2018, 07:55:57 AM
 #144

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
It is safe to play gambling using bitcoin because you don't need to put all your information in the website but you cannot make it as a living because gambling is for entertainment and we all know that we can't win all the time in gambling.

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March 06, 2018, 08:39:09 AM
 #145

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.
If everybody who gambles can have that mindset, then the gambling world will be a better place as each and every one will make it safe for themselves and those who cannot afford to lose anything will just have to stay away.

The thing is with even the 50:50, your chances as a gambler to lose most of the time is high and if I want to put together all that I have gambled, I would not be surprised that totally, I am losing a lot, but as long as you do not have problem with that, it is okay. The only way to play safe when it comes to gambling is to not play more than you can afford to lose, and with that, at least, you would not let emotion take over you or see yourself end up losing everything you have.

If anyone is considering safe as winning all the time, then that kind of mentality on its own is not even safe and that is what has led so many people into making a whole lot of mistakes and they are regretting it till date if they are not too addicted to realize it anyway.
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March 06, 2018, 09:53:30 AM
 #146

Gambling is a game in which you may win or you may lose it is depend upon you but in the present time it is probably said that most of the time people get lose in gambling so in that case gambling is not safe and i have been addicted to it in the past like i was playing poker and other games like card games but this is the good for those who wishes to do this while for a curious person it will be anxiety for them.

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March 06, 2018, 12:57:07 PM
 #147

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 many gambling sites about which you can find information on this forum and decide by yourself whether they are trustworthy or not. If you ask me, I'd say the sites with good reputation are safe to gamble on in the sense of that your money won't be stolen and results will not be rigged. But if you think of making money with gambling you can forget about it. Trying to make living on gambling is defiinitely a wrong way to do things. Make money with something else and gamble only for your entertainment.

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March 06, 2018, 01:37:59 PM
 #148

I think bitcoin or altcoin gamblings works the same thing, they have the same strategy and you will won or lose the same. And with regard to where you play them, there are actually a lot of gambling sites to play with like Bitsler, Primedice and many more. Just do you research and most of these sites offer bitcoins too. Oh and by the way, making a living out of gambling, that's kind of lame to make gambling as your source of income. Most of the time it does not work.
Bitcoin and altcoin gambling are completely different from each other , there are various sites who did integrate altcoins on their site  and we could gamble the same way we used to gamble with bitcoin , but if you notice coins like ethereum can have a gambling contract meaning you just send a amount to an address it will see if your number matches and will send the money back to your account automatically without the need for any account
Gambling = living is surely the worst idea
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March 06, 2018, 02:15:13 PM
 #149

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
Well for me this is not wrong pr dangerous as long as your are very careful because what is really dangerous is the phishing sites where there is possibilities that if you are not careful enough you will scam and that is very painful. Bitcoin gambling is really worth it as long as you are a good gambler.
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March 06, 2018, 11:07:58 PM
 #150

First of all,  you can't make a living by gambling or wasting your money, please be reminded that there are much losses than winning in this field. Second, you said bitcoin gambling? So basically it depends on a gambling website's credibility, you should just have to search here what crypto gambling are trusted (just like my signature banner, you could try it too it's safe and trusted, 😂)

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March 07, 2018, 04:52:38 AM
 #151

First of all,  you can't make a living by gambling or wasting your money, please be reminded that there are much losses than winning in this field. Second, you said bitcoin gambling? So basically it depends on a gambling website's credibility, you should just have to search here what crypto gambling are trusted (just like my signature banner, you could try it too it's safe and trusted, 😂)

OP's subject has two meanings, it is either what he means by saying "how safe is bitcoin gambling" is where to gamble because there are some gambling sites that are just scams or he is asking if betting bitcoins in gambling is safe for him to not lose profits(correct me if I'm wrong). But what you have said is also correct, we can't just earn money or win in gambling because we wanted to, it depends on the house edge and the luck of a certtain person in order to make profits in gambling.
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March 07, 2018, 10:33:52 AM
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 #152

The winning rate is so low but we can still win like if you can bet a lot while 2x your bets so it can happen that you can win in crypto gambling like in many dice games here in forum,my answer is base on real experience in dice because i don't want to play if only have btc for my bet so it safe but risky.
Betting a whole lot even exposes you to more risk considering you are going to end up losing all if you are not careful. Not very sure how this works for a lot of people, but int the normal sense, gambling is a game of luck and you can never be safe.

Either bitcoin or whatever form, what is important is for you to make sure you are trying as much as possible to keep understanding that you can lose everything and play safe in that manner.
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March 07, 2018, 02:05:14 PM
 #153

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
Well, if you guys are referring to anonymity, then we can classify it to be safe in that aspect but if we are talking about the safety of your funds which I believe that is what the OP is referring to here without sugar coating anything, then he is bound to lose it all with that mentality. His third question was if he can make a living with bitcoin gambling? And that made me laugh.

Anyone that knows that the chances of losing is far higher than the chances of winning in gambling will not even think about the safety aspect or make them consider gambling safe when it comes to profit. Gambling is not a profit based investment and it is like trying to play against luck to see if it is there for you. So whoever is looking for something safe or to earn something good should consider getting to work and that is what I call safe.
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March 07, 2018, 04:14:25 PM
 #154

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.

You just contradict your statement Tongue.  It can be profitable sometimes but there is more chance that you will lose.  Anyways, about bitcoin gambling, as long as there is a person running the system, it will never be safe.  There is no absolute security in the internet, always remember that.  Once the fund goes online, there is always risk.

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yoseph
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March 07, 2018, 06:56:13 PM
 #155

First of all,  you can't make a living by gambling or wasting your money, please be reminded that there are much losses than winning in this field. Second, you said bitcoin gambling? So basically it depends on a gambling website's credibility, you should just have to search here what crypto gambling are trusted (just like my signature banner, you could try it too it's safe and trusted, 😂)
Before you even realize, gambling would have taken away all of your money because the only winner when it comes to the world of gambling is the casino.
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March 07, 2018, 09:55:32 PM
 #156

First of all,  you can't make a living by gambling or wasting your money, please be reminded that there are much losses than winning in this field. Second, you said bitcoin gambling? So basically it depends on a gambling website's credibility, you should just have to search here what crypto gambling are trusted (just like my signature banner, you could try it too it's safe and trusted, 😂)
Before you even realize, gambling would have taken away all of your money because the only winner when it comes to the world of gambling is the casino.
Agreed, same time knowing our limits and spending into gambling will let us stay away from big losses, because we won't be experiencing continued failures. Often we too will be winning. I would suggest sports betting than the casino, because sports betting gives access to increased winning chances than casinos.

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March 08, 2018, 03:01:09 AM
 #157

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
In any investment either money or bitcoin there were a risks and gambling is the most delicate investment. Because in gambling you have a 50%-50% chances to win, also you need a lot of luck to gain profit in every games. However if you looking for fun or enjoyment there's a lot of gambling site you will try. There's a bustadice, fortune jack, nitrogensports, primedice and so on. These sites are using bitcoin, I'm sure if you have a lot of bitcoin you will enjoy the games in those sites.
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March 08, 2018, 06:08:24 AM
 #158

The winning rate is so low but we can still win like if you can bet a lot while 2x your bets so it can happen that you can win in crypto gambling like in many dice games here in forum,my answer is base on real experience in dice because i don't want to play if only have btc for my bet so it safe but risky.
But betting a lot mean increasing the risk of losing money, if you do not have good experience in gambling and specially if you are not lucky they you should invest your money in gambling up to a limit and should never try to cross that limit which can in fact cause a lot of lost to you.
I am sure he must not have considered that and it would really be necessary for him to start doing so before he ends up losing all that he has. Anyone who is smart should know that as long as you cannot afford to lose what you are gambling with, then you are exposed to a lot of risk that can turn you to an addict for life.

Because it is certain that once you lose all, every little one you get, you will always try as much as possible to want to recover it. I agree with you by setting a limit and never crossing it for anything at all.
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March 08, 2018, 06:32:23 AM
 #159

First of all,  you can't make a living by gambling or wasting your money, please be reminded that there are much losses than winning in this field. Second, you said bitcoin gambling? So basically it depends on a gambling website's credibility, you should just have to search here what crypto gambling are trusted (just like my signature banner, you could try it too it's safe and trusted, 😂)
Before you even realize, gambling would have taken away all of your money because the only winner when it comes to the world of gambling is the casino.
Agreed, same time knowing our limits and spending into gambling will let us stay away from big losses, because we won't be experiencing continued failures. Often we too will be winning. I would suggest sports betting than the casino, because sports betting gives access to increased winning chances than casinos.
What I can say is that we will experience more loses if we always gamble.
I have proven that based on my experience, I even play sports gambling where there is no house edge
but I am not lucky enough to have a consistent win like what I dream to be.

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March 08, 2018, 06:35:25 AM
 #160

First of all,  you can't make a living by gambling or wasting your money, please be reminded that there are much losses than winning in this field. Second, you said bitcoin gambling? So basically it depends on a gambling website's credibility, you should just have to search here what crypto gambling are trusted (just like my signature banner, you could try it too it's safe and trusted, 😂)

A lot of people do make a living through this. But they are professionals and have mastered the skills for a particular game after year of practice. Even then everyone cannot achieve the same level as one needs to have exceptional observation skills which is kind of god  gifted. For people with regular jobs, this should be seen as a medium for entertainment and not a income source.
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