Crypto gambling?

[skelethon]

Have you heard about this?

Basically online gambling / casinos for cryptocurrency. Would you ever consider it? Do you think it's completely pointless and just harms the crypto reputation? Thoughts?

Personally I think it's the exact same as gambling with fiat, so I don't really see the point in it.

[ICO Lancer]

A lot of crypto-based casinos/lottos/betting platforms are coming to cryptoworld via ICOs. Personally, I think that blockchain is one of the best environments for that sort of projects. A lot of countries are regulating gambling so much, that even if you want to make a bet they will ask your identity card to mark how much you are staking. Either if you are good at betting, they won't let you make big stakes, what is unfair i think so.

P.s. I'm talking about Europe's markets.

I don't think most people would be ok with providing their identity, especially for gambling.

Either way, as fun as it might seem to 10x your coins by gambling - I think it'll be more or less pointless. Especially considering the fees, since you can't make big stakes like you said and so on.

[sunX3]

Why not just gamble with fiat? Seems more direct, safer, fewer fees, etc.

[Haley craft]

I think that the gambling of cryptocurrency is simply to avoid the regulation of the law, so there may be more black curtain.
But if blockchain and gambling can be combined, it will make gambling more public.

[BeruchN]

I can see it being fun, despite all its risks. But then again, will depend on the amount of fees and the legality and so on.

[huppimuk]

While it sounds always exciting to double your coins by gambling, you have to consider that the vast majority of gamblers loses in the long-term and the casino always wins.
I don't see a big difference between gambling with cryptocurrencies or fiat. Besides anonymity maybe.

[Sevarchik]

All crypto gambling site will scam you in long therm. It say fou what all fair, but you never know how exactly settings maded

[BeruchN]

While it sounds always exciting to double your coins by gambling, you have to consider that the vast majority of gamblers loses in the long-term and the casino always wins.
I don't see a big difference between gambling with cryptocurrencies or fiat. Besides anonymity maybe.

That's a good point but then again, investing can also be seen as a form of gambling.

But yeah, if someone wants to waste their money, they can just waste it on casinos. The house always wins.

[Thyaga]

Have you heard about this?

Basically online gambling / casinos for cryptocurrency. Would you ever consider it? Do you think it's completely pointless and just harms the crypto reputation? Thoughts?

Personally I think it's the exact same as gambling with fiat, so I don't really see the point in it.

I do not think too much about the popularity of crypto, gambling platform is always attract investors but because it is too much ico in this field, gambling is not so interesting.

[Farmcoin]

Are you jealous of the creators of online casino games on a platform with cryptocurrency ? This is a great idea among gambling people who love freebies , and they will raise huge amounts of money on this , for which i give them their due . And can someone throw off a couple of links to these games ?

[huppimuk]

While it sounds always exciting to double your coins by gambling, you have to consider that the vast majority of gamblers loses in the long-term and the casino always wins.
I don't see a big difference between gambling with cryptocurrencies or fiat. Besides anonymity maybe.

That's a good point but then again, investing can also be seen as a form of gambling.

But yeah, if someone wants to waste their money, they can just waste it on casinos. The house always wins.

True, but is the stock market gambling too? And when you invest into crypto, there is no "house" that would want to win.

[Meraki]

Have you heard about this?

Basically online gambling / casinos for cryptocurrency. Would you ever consider it? Do you think it's completely pointless and just harms the crypto reputation? Thoughts?

Personally I think it's the exact same as gambling with fiat, so I don't really see the point in it.

There are many gambling/casino related project here in crypto and there are also running gambling sites that allow crypto as currency used, and i think it is okay to use crypto in sense of gambling because it can provide entertainment and there's no hard in the market so why not? Gambling is fun though

[sourish]

Its a personal choice, and has nothing to do with the reputation of crypto. Gambling is a game of chance with luck and experience as major players, and like someone just mentioned, investing can also be seen as a form of gambling.

[VenturaBro]

While it sounds always exciting to double your coins by gambling, you have to consider that the vast majority of gamblers loses in the long-term and the casino always wins.
I don't see a big difference between gambling with cryptocurrencies or fiat. Besides anonymity maybe.

That's a good point but then again, investing can also be seen as a form of gambling.

But yeah, if someone wants to waste their money, they can just waste it on casinos. The house always wins.

True, but is the stock market gambling too? And when you invest into crypto, there is no "house" that would want to win.

"but is the stock market gambling too? "

Well, in a way, yes. In the sense that there's a risk involved and you never know what can happen. But they're still fundamentally different, no one is trying to screw you over in stock market

The house would probably win in crypto gambling though for what it's worth.

[biskitop]

now the technology is getting better, as well as with gambling. online gambling with crypto bets will be more attractive than paper money, easier, safer and more effective. there is not wrong if online gambling uses crypto as a bet tool.

[DeepChipolino]

Now this is useful for cryptocurrency. For increase popularity. Later, when many people find out about cryptocurrencies, there will be no really see the point.

[Tactical Genius]

Have you heard about this?

Basically online gambling / casinos for cryptocurrency. Would you ever consider it? Do you think it's completely pointless and just harms the crypto reputation? Thoughts?

Personally I think it's the exact same as gambling with fiat, so I don't really see the point in it.

I wouldnt consider cryptogambling at all,the point is gambling in it self is a game of chance and so no matter what you do,it will always depend on chance.In addition,there can be manipulations to prevent you from winning and thus waste your money. Unfortunately gambling is illegal in some jurisdictions too and so these projects will further just hurt blockchain projects

[BigBoy89]

Crypto gambling is the biggest niche for Bitcoin recreation and gambling ICOs are always on profit.

Just check my signature and the interest on IQeon! Or other gambling ICOs like Firelotto.

[pazzanegro]

Advantage of cryptogambling is that you dont need a permission from authorities , because crypto status is still not confirmed as a eligible currency ... no taxes needed to pay  also ... take a look at gambling tax rate at your location

[Gelesko]

Have you heard about this?

Basically online gambling / casinos for cryptocurrency. Would you ever consider it? Do you think it's completely pointless and just harms the crypto reputation? Thoughts?

Personally I think it's the exact same as gambling with fiat, so I don't really see the point in it.

Yes I heard, I even got too interested and joined the bounty! I think in the market that offers people product, it's up to them to gamble or not! I think it's great news for everyone, people who gambles, will have a good choice's of games and easy way to relax, it will be fast and easy to buy cryptocurrency, staying at home and go for your luck! I don't think there is any harm to the crypto reputation, it's up to people whether to gamble or not! For example a city Las Vegas is famous all over the world and from people, who visited that place, never heard bad review about this city and places, they been visisting, only positive thoughts! So it's good you start to hear about gambling/casinos in crypto